Archive for November, 2015
How to Locate Highly Motivated Sellers Using Business Cards
Posted on November 8, 2015 byFinding ways to attract motivated sellers to your Real Estate Investing business is probably the most important element in your business, since without the motivated sellers, there are no deals to be made.
There are several different ways to find motivated sellers for your real estate investing business using a shot gun type of approach to locate as many sellers as you can. A shot gun approach is where you “blast” your message out to your market and hope that there are motivated sellers among the bunch. Some of these techniques include yard or vehicle signage, business cards, t-shirts and hats, door hangers, pens, buttons, business card magnets, flyers and auto shades. What I really want to focus on today though, is using business cards to locate motivated sellers.
When having business cards printed, there are a couple of things you want to keep in mind. One is that your business card needs to have a grabber headline and it needs to catch people’s attention by looking different from every other business card out there.
Use bright colors and a benefit driven message on your business cards. List the reasons on your card why that seller should work with you and how you can help them. Remember business cards are a highly effective inexpensive lead generating tool for your business. On your business card, you want to provide your potential seller with a couple of different ways to contact you so they can contact you in the way that is most comfortable for them. So for example your card might include your phone number, your email address and a website for them to check out. The more ways you give a potential seller to contact you, the more of them will. Read More→
Bring Your Deals, Your Checkbook and Let’s Make a Deal on November 9, 2015
Posted on November 8, 2015 byBring Your Deals & Your Checkbook
& Come Ready To Make a Deal!
Monday, November 9th at 6PM
Hudson Grille, 6317 Roswell Rd, Sandy Springs
MEETING DAY/DATE AND LOCATION HAS CHANGED
Atlanta REIA Members & Guests, Please RSVP on Meetup.com
The “Let’s Make A Deal” group is a subgroup of the Atlanta REIA led by Lynn Overall and Don DeRosa that now meets on the 2nd Monday of each month at 6PM at the Hudson Grille located at 6317 Roswell Rd in Sandy Springs, GA. The focus of the group is to take new investors through the entire process of repurposing distressed home. Each home is purchased by the group and is completed as a Joint Venture. An experienced rehab investor then leads the group through the rehab process. Risk of loss is mitigated through the use of a consistent system for rehabbing homes, and through the use of experienced contractors. Our goal is to purchase a new property at each of our meetings.
During the meeting, we will identify a property, hard or private money lender, and a contractor. We will finance the deal using a participating money lender, all of whom attend the meetings. Do not leave your checkbooks at home because we buy properties at each meeting.
The sponsors of the “Let’s Make A Deal” group have successfully repurposed homes in California, Texas, Georgia, and Florida. If you are a new investor looking to be a participant in a home rehab project, then this is definitely the group for you. Please keep in mind that everyone who attends “Let’s Make A Deal” is required to participate. The minimum size of the investment will be determined by the purchase price of the home presented at the meeting.
Come on out and check out the meeting. We would love to have you join our team! We are looking forward to learning and earning with you!
The Most Commonly Missed Items On Rehab Estimates
Posted on November 8, 2015 byWe’ve all been there. We go through and estimate repairs on a property and miss something. Sometimes, that something may be minor however it could be quite significant. This tends to happen when the rehabs are larger in scope or have a structural or foundation issue that needs addressing. I don’t usually see wholesale courses that teach how to address these sorts of things when dealing with these points beyond generalities. However, generalities is usually not going to get this done right and does little to build confidence in Buyers.
While Buyers of course are expected to do their own due diligence, it has more than frustrated countless Buyers when wholesaler numbers end up being way off due to this common ignorance. I thought I would take some time to outline some common figures for our market for a variety of these often overlooked items. Take this and adapt it to your area and this will give you a solid starting point. Read More→
Mountain REIA Meets November 3rd
Posted on November 2, 2015 bywith Special Guest, Machelle Redmond
November 3rd, 6:30PM, Golden Corral, Cumming, GA
Atlanta REIA Members & Guests, Please RSVP on Meetup.com
We are excited to announce that Managing Partner of the Redmond Law Group, Machelle Redmond Esq., will be our special guest speaker this month at the Mountain REIA monthly meeting. The meeting will be held on Tuesday, November 3rd at 6:30PM at the Golden Corral located at 2025 Market Place Blvd, Cumming, GA. During this presentation, Machelle will be giving us a briefing on the Dodd-Frank Act and how it applies to real estate investing.
The Dodd-Frank Wall Street Reform and Comprehensive Protection Act, or Dodd-Frank Act, Represents the most comprehensive financial regulatory reform measures taken since the great depression.
Whether you are a Wholesaler, a Flipper, a Buy and Hold Investor, a Lender or a consumer, Dodd- Frank will impact your real estate practices. Although the act is designed to “protect homeowners,” it will affect us all. Much about the Act is still not clear and the policies, etc. are still being formulated. As a result, there is much confusion and uncertainty within the investment community.
Machelle L. Redmond, Managing Partner of the Redmond Law Group, has been a resident of Atlanta since 1984. Ms. Redmond has practiced exclusively in the areas of real estate and business since 1998 and has been a featured speaker for numerous continuing education seminars for realtors, lenders and attorneys and has published several articles on real estate related matters for trade magazines and other publications.
In 2008, Machelle Redmond founded the Redmond Real Estate Institute, a non-profit organization providing continuing education courses to Realtors® and promoting real estate education within the community.
- State Bar of Georgia (Former Real Property Executive Board Member)
- Licensed Broker, Georgia Real Estate Commission
- Former Licensee, National Association of Securities Dealers
- Redmond Law,LLC is a HUD approved closing attorney in Georgia and Alabama
- Junior League of Atlanta
Atlanta REIA Members & Guests, Please RSVP on Meetup.com
Mountain REIA is a real estate investors association formed by Gordon Catts that meets on the 1st Tuesday of the month at 6:30PM at the Golden Corral located at 2025 Market Place Blvd in Cumming, Georgia. This group is an educational and networking group that brings in local, active investors and to provide information and education in a low or no-sales environment. This group is open to everyone, so please come join local real estate investors to network, share information, and interact with local and regional experts. There is a $2 meeting fee payable at the door. Also, please be prepared to patron the restaurant, enjoy the networking, and the outstanding information! Please remember to tip the wait staff generously as well for their support of our group. We look forward to seeing you at the meeting!
Atlanta REIA South & Multi-Family Group Meets Nov 4th
Posted on November 2, 2015 bywith Special Guest, Machelle Redmond
November4th, 6PM, Club E Atlanta
3707 Main Street, College Park, GA
Atlanta REIA Members and Guests Please RSVP on Meetup.com
We are excited to announce that this month at the Atlanta REIA South / Multi-Family Commercial Investing Group monthly meeting, our special guest speaker will be Managing Partner of the Redmond Law Group, Machelle Redmond Esq. The meeting will be held on Wednesday, November 4th at 6PM at Club E Atlanta located at 3707 Main Street in College Park, GA. At the meeting, Machelle will be giving us a briefing on the Dodd-Frank Act and how it applies to real estate investing.
The Dodd-Frank Wall Street Reform and Comprehensive Protection Act, or Dodd-Frank Act, Represents the most comprehensive financial regulatory reform measures taken since the great depression.
Whether you are a Wholesaler, a Flipper, a Buy and Hold Investor, a Lender or a consumer, Dodd- Frank will impact your real estate practices. Although the act is designed to “protect homeowners,” it will affect us all. Much about the Act is still not clear and the policies, etc. are still being formulated. As a result, there is much confusion and uncertainty within the investment community.
Machelle L. Redmond, Managing Partner of the Redmond Law Group, has been a resident of Atlanta since 1984. Ms. Redmond has practiced exclusively in the areas of real estate and business since 1998 and has been a featured speaker for numerous continuing education seminars for realtors, lenders and attorneys and has published several articles on real estate related matters for trade magazines and other publications.
In 2008, Machelle Redmond founded the Redmond Real Estate Institute, a non-profit organization providing continuing education courses to Realtors® and promoting real estate education within the community.
- State Bar of Georgia (Former Real Property Executive Board Member)
- Licensed Broker, Georgia Real Estate Commission
- Former Licensee, National Association of Securities Dealers
- Redmond Law,LLC is a HUD approved closing attorney in Georgia and Alabama
- Junior League of Atlanta
Atlanta REIA Members and Guests Please RSVP on Meetup.com
The Atlanta REIA South monthly meeting, led by Reggie Jackson and Gordon Catts, is held on the 1st Wednesday of each month at 6PM at Club E Atlanta located at 3707 Main Street, College Park, GA.
The Multi Family Investing Focus Group Meeting, led by Carla Gamper and Gordon Catts now meets on the 1st Wednesday of each month at 6PM at Club E Atlanta located at 3707 Main Street, College Park, GA.
There is currently a $15 cover charge for everyone who attends the meeting which is payable at the door and includes a light meal. Get there at 6:00PM to eat and network before the meeting begins. There will be lots of learning and lots of networking. Make sure to bring your deals and your haves, wants, and needs to the meeting. See you there!
