Wednesday, October 26, 2011

Central Coast Real Estate Investors Association

The Central Coast REIA was formed about 2 years ago by two investors who saw a lack of an investing and education group on the Central Coast.  These types of groups are common in larger cities such as Los Angeles, Bakersfield and cities in the Bay Area.  However, between these cities there was nothing in the middle.  Jon Westbay and Mario Estrada, Jr were instrumental in creating this group using networking skills they had both learned in other businesses and networking groups. Since the formation of the group, many real estate transactions have taken place that otherwise wouldn't have without the networking this group provides.  Our investors include, wholesalers, rehabbers, hard money lenders, wealth management specialist, and Realtors.  Our goal is to teach and educate investors whether you are a novice or experienced investor.  We meet every 4th Thursday at Spyglass Restaurant in Pismo Beach. 

Investors who wish to attend our meetings are welcomed to 1 visit.  If an investor wishes to join our group, you can do so at a cost of $200 for a year.  If you join the day of your visit, the $20 is refunded and all meetings attended are free of charge.

The Central Coast REIA has expanded and formed another group in Santa Maria called the Santa Maria REIC.  This group is lead by Dana Klaft who has been investing for several years and teaches others to follow in his footsteps.  This group meets at the Santa Maria Inn every 2nd Tuesday of the month.  This groups goals are the same, to teach and network.  Between both groups there are over 40 investors working together to help each other grow our businesses.  Although some invest on their own, some have come together and formed partnerships on larger transactions for large profits.  All investors who join either groups are free to invest as they wish, as long as they invest ethically and within state and federal law.

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