Archive for January, 2017

Tue, January 17th @ Noon in Atlanta, GA
The Onsite Renovation Group
Hands-On Learning “Onsite” at Real Renovation Projects
Tuesday, January 17th at NOON
3131 Vandiver Dr, Marietta, GA

Don DeRosaPlease join us on Tuesday, January 17th at NOON for the Atlanta REIA Onsite Renovation Group (ORG) to learn all about finding, funding, fixing, and flipping houses for big profits. This month’s meeting will be held at one of Don DeRosa’s renovation projects located at 3131 Vandiver Dr, Marietta, GA which we visited back in November before the renovation began. Come join us onsite this month, see how the renovation is coming along and find out how Don will turn this old run down house into a profitable deal.

Onsite Renovation GroupThe Atlanta REIA Onsite Renovation Group (ORG) is an educational and networking group that focuses on the acquisition, renovation and retail resale (fix and flip) of single family residential homes. The purpose of the group is to allow both new and experienced rehabbers and investors to meet, network and share knowledge and experience with “hands on” access to real property.

The Onsite Renovation Group meets on the 3rd Tuesday each month at NOON at an active renovation site, build site or rental property which will vary from month to month. As always, there is no charge for Atlanta REIA members to attend. Guests & Non-Members can RSVP Online for Only $15 or pay $20 at the door.

RSVP Now!

Atlanta REIA Members Please RSVP on Meetup.com
Atlanta REIA Members, Please RSVP on Meetup.com

See Atlanta REIA Events Calendar for More Events!

Ron Dimmock

Posted on January 10, 2017 by

Ron DimmockComing from humble beginnings, working his way up, Ron Dimmock swept the streets for free in a new construction project back in 2002, Atlanta native, Ron Dimmock understands hard work. He believes that one should never let where they are in life define who they are, or who they can become. Ron is currently serving new and seasoned investors by assisting them in creating long term wealth through Real Estate Investing. His Real Estate experience includes over 40 million dollars in real estate projects. In addition, he’s partnered with some of the largest builders in the city, and has had the opportunity to work with large investors in joint ventures that have been very successful.

Outside of Real Estate Ron enjoys spending time participating in various community involvement projects. Mentoring young men, teaching entrepreneurship and public speaking engagements are all part of his vision.

Tue, Jan 17th @ 6:30PM – Peachtree City, GA
Atlanta REIA EPIC Group
Is It a Good Time to Purchase an Investment Home?
with John Ellison of Fairway Independent Mortgage Corporation
January 17th, 6:30PM, Flat Creek Country Club
100 Flat Creek Rd, Peachtree City, GA 30290

Come Join Us for COMPLIMENTARY Appetizers!

Chris & Donna LittletonThe mission of the EPIC Group is to provide a platform for success in Real Estate Investing through Education, Properties, Income and a Community of like minded investors… A place to Network and Learn the pathway to success in real estate investing through different monthly topics presented by experts inside the real estate industry.

The meeting takes place on Tuesday, January 17th at 6:30PM at the Flat Creek Country Club located at 100 Flat Creek Rd, Peachtree City, GA. The host for this event is Donna Littleton, Broker & Co-Owner of Solutions Realty Network, and her husband Chris Littleton. There is no charge for Atlanta REIA Members and currently no charge for non-members as well.

John EllisonThis month’s topic “Is It a Good Time to Purchase an Investment Home?” is presented by John Ellison, Sr. Loan Consultant at Fairway Independent Mortgage Corporation. John has a BBA in Management from the University of West Georgia. He is a residential mortgage originator since 1991 and is licensed to originate Conventional, FHA, VA and USDA loans. He is a certified originator for Fairway’s Repair and Renovation loan covering investor properties along with primary residences. John is a former FBI consultant and informant. He is native to Fayette County and lives in Tyrone with his wife and 2 children.

He will be covering:

  • Is it a good time to purchase an investment home?
  • What type of properties can a conventional loan purchase?
  • How to get prepared for the mortgage process
  • What loan structure is the best?
  • Step by step from pre-qualification to closing.
  • And much more!

EPIC groupYou are sure to meet some great individuals and make lasting connections that will help propel your business in the right direction. We look forward to seeing you there!.

Meeting Agenda*

  • 6:30PM: Networking, Haves and Wants & Introductions
  • 7:00PM: Information, Upcoming Events & Market Update (Chris & Donna)
  • 7:20PM: Main Presentation with Special Guest Speaker
  • 8:30PM: Closing Comments & Last Minute Networking

Come Out on Tuesday, January 17th and every 3rd Tuesday of Each Month. You are sure to meet some great individuals and make lasting connections that will help propel your business in the right direction. We look forward to seeing you there!

Atlanta REIA Members Please RSVP on Meetup.com
Atlanta REIA Members & Guests, Please RSVP on Meetup.com

See Atlanta REIA Events Calendar for More Events!

Haves & Wants Meets January 19, 2017

Posted on January 10, 2017 by
Thur, Jan 19th @ 1:30 PM in Sandy Springs, GA
Haves & Wants Meeting
Thurs, January 19th at 1:30PM
5 Seasons Brewing, 5600 Roswell Rd, Sandy Springs
Hosted by Joe Thompson

Joe ThompsonHaves and Wants is a weekly investor networking and deal making lunch meeting hosted by Joe Thompson and held every Thursday at 5 Seasons Brewing at the Prado from 1:30 PM till approximately 3:00 PM. This group has been meeting for over 6 years and is all about networking, sharing information, doing deals and making money right now. Be sure to bring lots of your business cards and flyers and be prepared to promote your business and/or your haves, wants and deals with our group. If you are a real estate player or want to be, this is one weekly meeting you don’t want to miss!

5 Seasons Brewing5 Seasons Brewing is located at 5600 Roswell Rd (map) inside the Perimeter at the “Prado” in Sandy Springs. The all natural, organic food at the 5 Seasons is excellent and the hand-crafted beer is even better! Come out and eat, drink, network and share your deals with us! There is no charge to attend this meeting for Atlanta REIA Members or guests. Please come early and stay late. We would love to have you!

Atlanta REIA Members Please RSVP on Meetup.com
Atlanta REIA Members & Guests, Please RSVP on Meetup.com

See Atlanta REIA Events Calendar for More Events!
Thu, Jan 19th @ 6PM – Atlanta, GA
Atlanta Intown Investors Club
Buy, Sell, Trade, Network, Q&A
This Group is All About Doing Deals!
Jan 19th, 6PM at Wrecking Bar Brewpub
Bring Your Deals, Biz Cards & Flyers
Atlanta REIA Members & Non-Members Welcome!

Maggie GroholskiThe Atlanta Intown Investors Club is an Atlanta REIA Subgroup led by Maggie Groholski that meets on Thursday, January 19th at 6PM at the Wrecking Bar BrewPub in Atlanta, GA. Our mission and focus is to provide an open forum for real estate investors and industry professionals to network and have direct access to hot real estate deals. The format for this meeting is totally member-centric. It’s content and value is derived from our members and guests actively participating and networking with each other during the meeting.

Atlanta Intown Investors ClubThis meeting is all about transacting and doing deals. You will have the opportunity to pitch your properties, products, and services; voice your real estate haves and wants; and participate in open discussions of real estate questions and concerns. We will not be pitching products from the front of the room. We will strive to remain a forum for investors to do deals and learn and seek advice from your peers and trusted industry professionals. The more you attend and participate, the more deals you’ll do and, the smarter we all become.

Wrecking Bar BrewpubMeetings will be held on the 3rd Thursday of each month from 6PM – 9PM in the Cellar Room of the Wrecking Bar BrewPub located at 292 Moreland Ave NE in Atlanta, GA. Dinner will be available to order as well as a wide variety of beers and cocktails. Join us for the meeting as well as dinner to support the brewpub. Stop by the valet station for COMPLEMENTARY Valet Parking or COMPLEMENTARY Parking Passes to park across the street

Atlanta REIA Members & Guests Please RSVP on Meetup.com

Atlanta REIA Members & Guests, Please RSVP on Meetup.com

See Atlanta REIA Events Calendar for More Events!
Download The Profit Newsletter for January 2017 (PDF)
The January 2017 Edition of
The Profit is Available for Download!

The Profit Newsletter - January 2017The January 2017 Edition of The Profit Newsletter, the official newsletter of the Atlanta Real Estate Investors Alliance, is now available for download. There are 50 pages this month full of upcoming meetings, workshops, webcasts, educational articles and other valuable information for your real estate investing pleasure and success. Download it and check it out!

The Profit is Atlanta REIA’s digital, interactive newsletter for serious real estate investors delivered as an Adobe PDF file to read on your PC, Mac, Smart Phone, iPad or other mobile ready devices. Many of the articles and ads in The Profit contain many hyperlinks you can click to get more information online! The high res version of The Profit is “print ready” for those who want to print the newsletter on their home or business printer.

Be sure to Subscribe to The Profit by Email or Subscribe to The Profit by Text so you don’t miss a single issue.

Download The Profit Now!
High Quality PDF / Low Res PDF / The Profit Archives

Stay the Course

Posted on January 9, 2017 by

How do you succeed as a real estate investor?  How do you succeed as a person?  Simple: Stay the course!

But what course?  Whose course?  Heck, how do you know if you’re even on the right course?

Your course begins with an idea – YOUR idea!  What feels right to you?  Answer this question: What were you put on earth to do?  Ever thought about this?  I mean, after all, you’re here for a reason, right?  What’s that reason?

For eighteen years, I sold Electrolux vacuums door-to-door.  It paid me a lot of money.  Only one problem: I wasn’t put on earth to sell vacuums door-to-door.  So why didn’t I quit much sooner?  Because everyone around me told me that I’d be a fool to walk away from the huge money-earning potential Electrolux offered.  Read More→

Last month, we talked about the words we use and how powerful they are. This month, we’re going to take it to the next level.

So there’s a famous study that was done a while ago by Dr. Albert Mehrabian, that showed that only 7% of our communication is conveyed through words, 38% is from our vocal tonality, and the rest (55%) is through ‘nonverbal elements,’ such as your posture, gestures, and facial expressions.

Based on what I wrote in my last article, I believe that our words represent a lot more than only 7%, but that’s not what this article is going to be about. No, in this article, we’re going to get into that other stuff – specifically: Tonality – HOW we say what we say. 

Call me crazy for trying to write about something you HEAR.  Obviously, this would be a lot easier for me to demonstrate in a video, or on an audio recording. But we don’t have that luxury here, so I’ll just have to flex my writin’ skills!  Read More→

Making Foreclosures Your Choice

Posted on January 9, 2017 by

When looking for an investment opportunity it is always worth considering buying foreclosure properties. You should absolutely take the time to explore all avenues to make this the most profitable. The best thing you can do for yourself is learn about ways to purchase a home any party lost. As they say, “their loss could be your gain”.  REIA Comps can help you navigate the twists and turns of the buying process. 

Unfortunately, homeowners being foreclosed on know that once the bank forecloses, their house with be up for auction. At that point, the property will be sold to the highest bidder. By working with homeowners before their foreclosure is finalized, you can pick up their home at a fraction of the price before it goes public. It’s a common practice among real estate investors and brokers. I want you to keep reading and learn how to pick up these deals.  Read More→

Atlanta continues to be one of the hottest real estate markets to rebound since the recession continuing through third quarter 2016.  But, before we analyze the numbers, sellers must realize the following:

  1. Price and condition account for 80% of buyer interest and acceptance for any property. What needs to be done to present your house in the best possible way?
  2. Nobody can dictate at what price your house will sell. The market will determine the price that buyers are willing to pay. When you price your house too low, the market will raise the price due to multiple offers over the price
  3. Rather than using emotion, guesswork or assertions to arrive at your listing price, a good agent helps the Seller understand the real Atlanta market data, showing what actually happened to other sellers in the current market, as it reveals the most likely outcomes of pricing strategies for you. Using overall metro market statistics provides good agents with a large enough data set of real outcomes to feel comfortable that they will be likely to happen in future transactions, allowing us to take advantage of this knowledge to price your property to achieve your goals

For the purposes of this article, my statistics for the third quarter are about the numbered areas below.  Read More→

We all know that developing an effective marketing strategy is essential to getting any business off the ground. Educating yourself and discovering how to locate and motivate potential sellers to contact you is a must in making your real estate business a success. You must be able to locate prospects who want to do business with you. You must find the sellers who need to sell, not just want to sell their properties. This is essential to your success as a real estate investor. Coming into the new year this will an important step to growing your real estate investing business.

Marketing is also a numbers game, the more leads that come in, the more opportunities you will have to make deals. You won’t buy every deal that comes your way, but when you develop a machine that brings in quality leads, you will be able to pick and choose the deals you want to do. You will quickly learn to recognize quality prospects.  Read More→

Would You Close on Your Own Deal?

Posted on January 9, 2017 by

As we get ready to start the new year, I would like to start with a basic question…would you close on your own deal?

I am an investor who loves wholesaling so I ask this question with sincerity.  Would you close on your own deal that you send to your Buyers?  Seriously, assuming you had the money in cash, would you?

If you  have to think about the answer, then is it really a deal you should be sending out to your Buyers?  Of course one can say ‘well it is not an area I invest in but others do’ and I would respect that of course.  However, what I have found is a lot of wholesalers are not confident enough to where if they had to close on the deal, that they would actually do it.

In which case, I ask, why would you present that deal to your Buyers?  Read More→