Comparison · 13 material differences
Houston Angel Network vs REAPS
This comparison was generated on request from the records. It carries no editorial verdict and is not indexed. The published comparisons are listed on the compare page.
Read down each column for one organization, across a row for the difference. A bronze mark at the left of a cell means the organizations differ on that row. A dash or “not published” means the organization does not disclose the fact — it is not a zero.
Verified September 2026
Investment community
Verified September 2026 Houston Angel Network
Accredited investors in the Houston area who want to make and manage their own early-stage investments
Investment community
REAPS
Private real estate investors in the Puget Sound region, from beginners to experienced operators, plus service businesses selling to them
What the records say
- Accredited-investor status — Houston Angel Network: Members must be accredited investors as defined in SEC Regulation D; REAPS: No published accredited-investor status.
- Geographic restriction — Houston Angel Network: No published geographic restriction; REAPS: Puget Sound region for in-person membership; online-only membership is available without attending in person.
- Annual dues — Houston Angel Network: $2,080 a year; REAPS: $249 a year.
Side by side
| Houston Angel Network | REAPS | |
|---|---|---|
| Profile | ||
| Type | Investment community | Investment community |
| Founded | 2001 (The organisation describes itself as the oldest angel network in Texas, dating its investment record to 2001.) | 1983 |
| Headquarters | Houston, United States | Bellevue, United States |
| Geographic footprint | Single group based in Houston; invests principally in Texas and the US Gulf Coast | Greater Seattle and the Puget Sound region, with monthly meetings in Mercer Island, Fife, Everett, Bremerton and Bellingham and a commercial real estate group in Bellevue |
| Members | 100as of September 2026 | Not publicly disclosed. REAPS describes itself as the largest real estate investor association in Washington State but publishes no membership figure. |
| Chapters | Single-city organisation; no chapters | A single regional association rather than a chaptered body; it runs recurring meetings in several Puget Sound locations. REAPS is itself the Washington State affiliate of National REIA. |
| Primary audience | Accredited investors in the Houston area who want to make and manage their own early-stage investments | Private real estate investors in the Puget Sound region, from beginners to experienced operators, plus service businesses selling to them |
| Typical member | Members are accredited investors as defined in SEC Regulation D. The group draws heavily on Houston's energy, technology and health/life-sciences communities, and members invest their own money deal by deal rather than through a pooled fund. | Members are individual real estate investors — flippers, wholesalers, buy-and-hold landlords, lenders, short-term rental operators — at a range of experience levels, alongside business members such as contractors, lenders and property managers who buy the paid business tiers. |
| Qualification | ||
| Accredited-investor status | Members must be accredited investors as defined in SEC Regulation DQuoted on the membership page: members "must be accredited investors, as such phrase is defined in Regulation D promulgated by the Securities and Exchange Commission"verified September 2026 · source ↗ | No published accredited-investor status |
| Geographic restriction | No published geographic restriction | Puget Sound region for in-person membership; online-only membership is available without attending in personverified September 2026 · source ↗ |
| Invitation required | No | No |
| Sponsor required | Not documented | No |
| Application process | Prospective members apply through the network's Dealum membership application portal, linked from the homepage and membership page. Applicants can also contact the managing director directly. Accredited-investor status is a condition of membership, and the group publishes a code of conduct and bylaws that members agree to. | Membership is bought online from the REAPS site by selecting a level; there is no application, sponsor or review stage in the published process. Prospective members are invited to register through the events calendar and attend one main monthly meeting free before joining. |
| Selectivity | Not publicly disclosed | Not publicly disclosed; the published route is open paid enrolment. |
| Cost | ||
| Annual dues | $2,080 a yearIndividual membershipverified September 2026 · source ↗ | $249 a yearIndividual membership, annual planverified September 2026 · source ↗ |
| Monthly dues | Not publicly disclosed | $29 a monthIndividual membership, monthly planverified September 2026 · source ↗ |
| Initiation fee | $2,000 one-timeOne-time initiation fee payable in addition to annual dues at either membership levelverified September 2026 · source ↗ | Not publicly disclosed; no joining fee is listed alongside the published dues.verified September 2026 |
| Event costs | Not publicly disclosed | $0 one-timeMembers attend more than 50 live events a year free; first-time visitors may attend one main monthly meeting free as a guestverified September 2026 · source ↗ |
| Membership term | Annual | Annual or monthly, depending on the plan chosen |
| Structure | ||
| Meeting frequency | Monthly selection meetings plus approximately ten pitch events a year | More than 50 live events a year, including monthly meetings in Mercer Island, Fife, Everett, Bremerton and Bellingham and a commercial group in Bellevue |
| Peer forums | Not documented | Member forum online plus subject-specific learning groups; no confidential facilitated peer forum is published |
| Confidentiality | Members agree to a published code of conduct; deal material is held in a password-protected deal-management platform | Not publicly disclosed |
| Time commitment | Not documented | Not documented |
| Organized as | Event-focused, Clubhouse premises | Event-focused, Virtual |
| Confidential peer forums | No | Partial |
| Local chapters | No | No |
| Virtual membership | Not documented | Yes |
| Online community | Yes | Yes |
| Member directory | Not documented | Yes |
| Events | Yes | Yes |
| Programming | ||
| Educational programming | Yes | Yes |
| Leadership development | No | No |
| Retreats | No | No |
| Travel | No | No |
| Family programming | Partial | No |
| Spouse and partner programming | Partial | Partial |
| Next-generation programming | No | No |
| Investment discussions | Yes | Yes |
| Investment opportunities | Yes | Partial |
| Philanthropic component | No | No |
| Networking emphasis | High | High |
| Social emphasis | Low | Medium |
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Last verified: not yet reviewed
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Sources
Drawn from the sources listed on each page: Houston Angel Network · REAPS