Know what makes the numbers hold up.
For real estate deal review Riverside investors can learn from, sit in on the Deal Room at the FIRE Center. Hear experienced investors question the price, repairs and exit strategy, with the live deal in front of you.
Reserve Your First Visit
Real estate deal review Riverside investors can follow
The spreadsheet says it works. What has to be true for that answer to hold up?
Members and guests bring live deals. Experienced investors work through the comps, repairs, exit strategies and missing information with rotating hosts.
Hear what they would pay and what would make them walk. Follow the reasoning behind the decision, one question at a time.
Start with what you have. Flag what's missing.
Gather these details for the discussion:
- Asking price and proposed purchase terms.
- Comparable properties supporting your value estimate.
- Property condition and estimated repairs.
- Planned exit strategy and supporting numbers.
- Missing information and the question you want to work through.
Label estimates as estimates. Bring the question marks with the numbers so the room can examine both.
A property card might read:
You do not need a polished presentation. Give the room enough information to start asking questions, then fill in the details when your card comes up.
Boards have included mobile homes in parks, mobile homes on land, single family houses, land, first and second notes, joint ventures, options, trailers, vehicles, and more.
Recent opportunities have come from Fontana, El Cajon, Valley Center, Indio, La Habra, Lake Arrowhead, Hemet, Perris, Palm Springs, Hesperia, Beaumont, Moreno Valley, Murrieta, Lake Elsinore, La Quinta, Yucca Valley, Wildomar, and Thousand Palms.
Hear where a deal holds up or falls apart
Follow a live deal through the questions behind the decision:
- What is the property, and what are the terms?
- What supports its estimated value?
- What repairs does it need?
- How would the exit work?
- Where do the numbers stop working?
- What needs checking next?
Listen for the answer that changes how investors see the deal. That's the part a finished spreadsheet leaves out.
The cards are color coded:
A green arrow marks an accepted offer. A black arrow marks an offer that was not accepted.
An accepted offer is not a closed or funded deal. It only means an offer was accepted in the room.
Nothing on the board is binding. Every buyer is responsible for their own due diligence.
Start learning before you have a property
Come watch. An active deal is not required.
Listen to someone else's numbers get questioned. Note what investors check, what they question and what information they still need.
You can follow the analysis from your seat, without preparing a deal presentation first.
You may hear a few abbreviations during the discussion:
You do not need to memorize these before coming. If a term is unfamiliar, ask what it means and keep following the deal.
One short line gets your deal on the board
Put one short line on the board with your first name and last initial.
Keep your numbers, estimates and missing information clear. That gives the discussion somewhere useful to start: what you know, what you are working out and the question you want to examine.
Watch the analysis. Continue the conversation over dinner.
Your first Wednesday is free, once per person.
Join us at 1660 Chicago Ave STE M2, Riverside, CA 92507.
See upcoming events or reserve your first visit.
- Doors: 3:45 PM.
- Deal Room: 4 to 5 PM.
- Power Hour: dinner and networking, 5 to 6 PM.
- FOCUS: one speaker, one practical skill, 6 to 7 PM Pacific.
FIRE Starter members may also join the Deal Room live on Zoom. Visit membership for membership details.
“Best SoCal Real Estate club. People helping people and making deals happen.”
What people want to know before they walk in
Yes. Watch live deals get discussed and listen to how investors work through the numbers.
The Deal Room has rotating hosts. Members and guests bring live deals for discussion with experienced investors.
Gather the asking price, terms, comps, repair estimates and exit strategy you have. Include missing information and the question you want to work through.
Your first Wednesday at the FIRE Center is free, once per person. Deal Room runs every Wednesday from 4 to 5 PM.
See the remote participation page for details about joining from outside Riverside.
Stay for the other two hours.
Google: 5.0 from 40 reviews · Facebook: 100% recommend, 25 reviews · Yelp: Read the reviews
“FIRE Center is the premier Real Estate Investment Community!”
“As a real estate agent with 20 years of experience, I highly recommend the FIRE Center. I wish I had discovered this group years ago.”
“This is an incredible group of people. As long as you come with an open mind and willingness to learn this place is right for you.”
Hear the questions behind the decision.
Come to your first free Wednesday and watch investors work through a live deal, from the asking price to the sticking points.
Reserve Your First Visit