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Dave Dubeau [00:00:09] Everyone, this Dave Dubeau from property, Profits Real Estate podcast, and today we’re doing a special real estate investment club spotlight interview. And today I am interviewing two wonderful real estate entrepreneurs all the way from Chesterfield RIA in Virginia. If I’m not, if I’m not mistaken. Is that correct? All right. So we got Keoshoa, and we’ve got Oni good to see you guys. Thanks for being on the show.
Keoshoa Gordon [00:00:35] Thank you for having us.
Dave Dubeau [00:00:37] All right. Very good. So let’s start with the first things first. First of all, tell me a little bit about your club. So we know you’re in Chesterfield. We know you’re in Virginia. Tell us a little bit about the size of the town. Is it a big town, small town? What’s the kind of the population area that you’re that you’re working with and a little bit of information about your club?
Keoshoa Gordon [00:01:00] Well, Chesterfield is a bit of the town is actually connected to one of our main capital, which is Richmond. So I would say that is pretty big. Our clubs, specifically rough numbers, we may have about 16 actual numbers. We actually just had some renewals. So I would say that the number is somewhere around 60. We get a lot of movies. We teach a lot of people. Yeah, I mean, the town is pretty big, but we were fast growing. Yeah. So I would say somewhere around 60. Do you think anything different?
Olatokunbo Oni [00:01:35] I mean, sometimes it depends. I mean, but the totals are around 10, but we usually we have. At this point, we have probably 60 or sexually active members opening since 2018, if I’m right. Yeah, that was eight to 19. And we also part of the national real chapter. So yeah, we do a lot of meetings with them and a lot of.
Dave Dubeau [00:01:59] The Saudis, did you folks start the club yourselves or somebody else started?
Keoshoa Gordon [00:02:04] Yeah, it was. It was only a night. We had the idea came from and we actually have a Richmond re-appropriate. But we were like traveling to these areas like it was really far. And like I say, Richmond is pretty big. Chesapeake isn’t so big, but Richmond is so far, you know. So we decided to kind of start a chapter in most of our members is so funny because most of our members, they live just a few easy commute to the meeting. So yeah.
Olatokunbo Oni [00:02:38] And also just, you know, people, it’s kind of funny if you want to go to their city originally, you have to go across the river. So a lot of people like, you know, I go and call it going across the river and going across the river. And the reason why more is, more importantly, was we felt that there’s a more opportunity to network and very important. The other areas did not provide the educational piece or we said occasional pieces. We usually have one or two speakers just after we have them off to speak. We got to sit down and reason why we did that was to kind of get to see different ways of people who invest there, really. We had low down. We have all the apartments where we can see a guy who syndicates the way he did. I’m a guy who can’t do this. You know, he is good enough to keep it. Have other partners also use or GP’s, so we try to give out too little perspective on each other.
Dave Dubeau [00:03:39] Very interesting. Interesting take. That’s so in the same meeting, you’ll have two different speakers talking about the same topic coming from different angles. Yeah, that’s I guess that’s the first time I’ve heard that. Yeah.
Keoshoa Gordon [00:03:53] Yeah, it’s very interesting because then like sometimes we’ll have like, we have a minimum of two. I mean, of course, have meetings where we only have one speaker, but this boring few. But we’ll have a minimum of two and try to have a maximum of three and we try to diversify. We try to have women. We try to have, you know, all this all different types of stakes in one meeting. And it really helps our members. And I guess
Olatokunbo Oni [00:04:19] I let me add to that to not only the speakers. Also, we had one, we have three options, as at one time speak. Yeah, I was so funny that they were actually networking within a cell talking like that. But even as we improved, it was kind of an interesting scenario where I was even an auctioneer themselves. We’re kind of talking about what they talk about, the kind of what kind of business and how, what and what if the business would change. So it’s not just, you know, just within the group itself about within the speakers themselves. They look forward to the future because everyone is busy on their own. So we share that, you know?
Dave Dubeau [00:04:55] So, you know, getting together in person is really important, especially for a smaller local club like you guys have created that connection and the networking in the in person is very important. How did the whole COVID pandemic thing affect your club?
Keoshoa Gordon [00:05:14] It didn’t affect us so much, actually, we were already kind of gearing towards like Rome and things like that. We were already incorporating those things when we first started. So we had already had we have a board members and the actual board members and all our members board. I don’t know why I’m having a hard time saying it, but in our group, we have people that do something specific, so we have missed it. We was not on this call. He is our tech guy, so he came and incorporated in our Zoom meetings recording things of that nature. So we really did not get hit so hard because we kind of just keep moving. And I think we were one of the only groups that were doing the Zoom meetings. We did our networking, we had two meetings, we have networking meetings and we have a main meeting and both we did on Zoom and the networking meetings, you know, we kind of get together and drink, so we will get on Zoom and we would like to have a toast or something like that. And it was really fun for people. So we did. I don’t think we got hit really hard with it.
Olatokunbo Oni [00:06:21] And just after dodging your restriction, you are allowed a certain amount of people to come together. So together as a person when we have a camera, so we have a hybrid version that you have a lot of people on Facebook like a meta-analysis. We know he’s a tech guy, so it never slowed down. And actually, it opened more doors to knock people from New Jersey who are trying to invest in Richmond to but the Stanley real estate market down here just by offering his millions of beer, the virtual. So it actually open more doors for other people coming to tech. And remember,
Keoshoa Gordon [00:06:55] we had a guy from Germany who started to invest in the regiment and our meetings on Zoom. He lived in Germany.
Dave Dubeau [00:07:04] So you’ve gone international. That is wonderful. Yes. So, OK, so you two started the Chesterfield we a couple of years ago, three years ago at the time that we’re recording this. And you, if I recall correctly, you did it because, you know, you wanted something local and traveling all these different areas far away was not very convenient. What have been some of the big benefits for you as being part of the board of this REIA as being the organizers, as being kind of the boots on the ground people? What benefits have you seen as real estate investors by being involved like this in a real?
Keoshoa Gordon [00:07:47] I’ve met some awesome people who has literally taken my business because, I mean, we still learn is will we learn from those meetings? So I’ve met some people who has taken my business to crazy heights, just friend the meeting, you know, and like I say, I meet the client, the person from Germany, he actually became a client of my longtime partner. So I’ve gotten clients as a realtor and as an investor. So I mean, and I can’t tell you the amount of things I’ve learned from the meetings like, I mean, like you said, syndication and commercials and things like that options, you know, so many things that I’ve learned.
Dave Dubeau [00:08:29] Wonderful. How about you, Audie?
Olatokunbo Oni [00:08:31] So this is one of them. I mean, I know other Christians. I like to learn, so I learn a lot. I get to learn a lot from those turned out all the time and putting together as interested in what you know about and listening to reach out to the speakers. That’s one it has opened a lot of investors of public and private lenders when it comes to our butcher shop team. I like that that look that all they do is look for properties for me and I put it all together. I’ll be going to a money summit. It has given me a reputation that I’m an expert in my field, and that’s what people and most importantly, you know, when you go to meetings, you’ve got a good network, you’ve got to go network, and sometimes it can be very challenging or you don’t know who you’re on a network, but now the network is coming to me. So they’re comprehensive on that, and I don’t know which side is what we have. I’m not Profits, which is a final see and reason why we do that because we do not want to put ourselves in a position of risk if we do decide to give it to somebody else. There will not be as a profit center. This is more because, you know, we all make money, but we have to find that good enough to give back to beginning. And that’s one of the main reasons we started this is to be able to get back and give back education. But more importantly, for the new ones are coming because we have a lot of newbies are coming to us and we don’t want them making the mistakes that we have made in the past because it takes time when you make a mistake. It takes time to get back on your feet. But we ask because you are a little more experienced with being able to give back on us. For us to be able to give back to the newer are the new investors should you don’t screw up or, you know, all that will wipe them out of business order or cohesion in the business?
Keoshoa Gordon [00:10:18] Yeah, yeah. I agree with everything. I agree. I would say the same thing for me. Private then there’s definitely being known as the expert in our fields of things like being here and giving back. Yeah, business. Or you guys
Dave Dubeau [00:10:31] mentioned that you meet twice a month. Is that correct? You’ve got a network meeting and then you’ve got an educational meeting. So if people are interested in finding out more because it sounds like you don’t need to be in Chesterfield to attend the Chesterfield RIA, what are the days and the times that you have your meetings? And how can people find out more about you guys?
Keoshoa Gordon [00:10:51] So our meetings are scheduled, we have our main meetings every third Thursday of the month at 6:30 to 8:30. We have our networking meetings every first Wednesday of the month, 6:30 to 8:30. Keep it very simple. You can catch us on Facebook. You can just a few to Instagram, all of the social media outlets. We don’t change. It is just a few really across the board. We also have W Dot just to be a real dot com that gives you all of the information about us. You can join. You can. You can either. You can even set up with lenders on our website, lenders and builders and things like that. So you can find a lot about us on our website. Is live.
Dave Dubeau [00:11:33] That’s wonderful. Well, the ocean only. Thank you so much for your time here today. It’s been a real pleasure interviewing you about the Chesterfield Red. Hats off to you for getting it started, getting it going. The Sodi associating yourself with a larger national organization for keeping us as a nonprofit. You know we do well by doing good, so it sounds like it’s done really well for you guys. And you’re also helping newer investors avoid some of the mistakes that they might make otherwise are learning from very, very accomplished real estate entrepreneurs. So thank you very much.
Keoshoa Gordon [00:12:08] Thank you, sir. Thank you.
Dave Dubeau [00:12:10] All right, everybody. Take care and we’ll talk to you on the next episode. Thanks for tuning into this special Spotlight episode. Now, if you’re a real estate investor and you’re looking to find private money partners and raise capital for your deals, then check out Money Partner Formula dot com, you get a free copy of my book. You can find out how to raise six figures or more in six weeks or less. Again, that’s money partner formula dot com.