Frequently Asked Questions

Q: What is NFREIA?

A: The purpose of NFREIA is to assist its members in succeeding in their real estate investment plans by providing tools, continuing education, motivation and opportunity in a positive and mutually supportive environment as well as present a professional image to the public and government.

Q: Who are your members?

A: Our membership makes up the following:

• Full and Part time investors
• Beginning investors
• Real estate brokers and agents
• Accountants and Attorneys
• Property managers
• Rehabbers
• Entrepreneurs

Q: I am just starting out and have not yet purchase a property. Do I have to own rental or investment properties to join the organization?

A: No. Joining before purchasing property can be beneficial in making better decisions with information from networking with other people.

Q: What is the oganizational structure of NFRIA?

A: NFREIA is a non-profit corporation in Ohio and is directed by non-paid annually elected officers and Board Members whose main purpose is to direct the group’s activity toward its goals. Responsible commitment is required of each officer and board member. We have highly active, organized committees of volunteers who assist in running the organization. Membership participate is highly encouraged.

Q: When and how are the board members elected?

A: Elections are held in November. Board members are elected by a 2/3 vote from the membership.

Q: What are the benfefits and services offered to the members of NFREIA?

A: Our members benefit from the following:

Educational Programs---
Members can attend meetings on the third Tuesday of every month. Topics and speakers are announced in the newsletter.

Buying Power---
Membership immediately entitles you to money-saving discounts offered by many commercial vendors. There are too many to list here.

OPHP Designation---
By attending 60 hours of programs, members can earn the Ohio Professional Housing Provider (OPHP) designation awarded by the Ohio Real Estate Investors Association (OREIA).

Legislative Impact---
NFREIA plays an active role in legislative issues affecting members’ businesses and works closely with affiliated organizations to monitor local, state, and national laws and regulations.

Network Opportunities---
Serve on committees, attend social events, learn how other investors turn problems into opportunities.

Promote Your Business---
NFREIA is involved in the community, working with local government and the local commerce association.

Newsletter---
Our members rely on our monthly news-letter for information on laws, taxes, products, services, property management, and investment strategies, etc.

Q: Is there are fee to get the OPHP Certification?

A: No. A lot of the programs qualify at our monthly meetings. There could be costs if you choose to attend other seminars not offered by our group.

Q: What are some of the affiliations of NFREIA?

A: NFREIA is affiliated with a number of organizations including the Newton Falls Area Commerce Association (NFACA), Ohio Real Estate Investors Association (OREIA) and the National Real Estate Investors Association (NaREIA).

Q: I'm somewhat interrested in joing, but I would like to find out a little bit more. Can I come to one of your meetings to see in person what NFRIA is all about?

A: Absolutely. Come see what we are all about and network with other investors and landlords. You are invited to attend your first meeting FREE.

Q: What is the NFREIA Manual?

A: The NFREIA manual is included with your first year membership. Included are contracts, forms and Ohio Landlord and Tenant Laws, Fair Housing Laws and much, much more.

Q: Who should join NFREIA?

A: If you fall into the following categories, you should seriously consider joining NFREIA.

• Individuals interested in achieving financial independence through real estate investing.
• Individuals serious about learning the how-to’s of real estate investing, or looking to buy their first investment property.
• Companies interested in promoting their goods and services to real estate investors.
• Experienced investors interested in learning creative and advance methods of real estate investing.
• Landlords interested in becoming educated professionals in managing properties.

Q: What are the NFREIA membership dues?

A: The following is the fee schedule for our membership dues:

Q: How is the membership fees used?

A: To benefit our members.

Q: When are the NFREIA meetings?

A: The following is when we hold our meetings:

Monthly Meeting – 3rd Tuesday every month, 7:00 p.m. at the Newton Falls Community Center, 53 E. Quarry St., Newton Falls, Ohio

Board Meetings – 1st Tuesday every month, 7:00 p.m. at the Newton Falls Community Center, 52 E. Quarry St., Newton Falls, Ohio.

Q: Do I have to attend every meeting to keep my membership active?

A: No, but so much information is given at these meetings. It would be to your benefit to attend them on a regular basis.

Q: How can I post rental property on your website?

A: Become a member of the Newton Falls R.E.I.A.

DISCLAIMER: The information contained herein is believed to be accurate; however, it is not guaranteed or warranted in any manner by any party. The information is provided with the understanding that neither the authors, program speakers, nor the trustees, officers, etc. Are engaged in rendering legal, accounting, or other professional advice. If you require such advice, please seek the services of a competent professional in that field. While we may make every effort to update the information contained on this site in a timely manner it should be understood that any and all information is subject to change without notice.