I recently joined the Texas Real Estate Investor's Association as a full member. I am currently a member of the Austin Real Estate Investment Club. The state-wide association was formed in 2005 as a result of laws that were passed in our state that severely limited the use of lease options. Investors realized that we did not have a governing body to represent our interests or obtain our input.
The purpose of Texas REIA is to create a higher level of ethical standards for honest and trustworthy real estate investors in our state. Similar to the National Association of REALTORS® and other large, member-based associations, Texas REIA will have a code of ethics, bylaws and a political action committee. As investors, we are often not against consumer laws. We often support them, but must join together to to guide legislators.
"Real estate investors must gain a foothold in politics and legislative activity all across the country. We must begin to protect ourselves and our customers from the recent series of laws and ordinances passed by many state legislatures, ranging from anti-lease option initiatives to landlord registration requirements and mandatory inspections. More are coming! These overreaching and often destructive measures become law because small investors and landlords have no voice or influence in the local, state and national legislatures".
The Texas REIA site is currently under construction, but the group is currently accepted new members.
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