Archive for May, 2017

David Tilney

Posted on May 19, 2017 by

David TilneyDavid Tilney has owned and operated single-family houses for 39 years.  He understands that real estate, if vacant, is not an asset but a liability. He also believes that his tenants are his greatest assets. David views his tenants as his on-site resident managers who are compensated with good long-term housing. Empowering tenants has allowed David and his wife, Mary, to spend 8 months each year in Naples FL and 4 months in Colorado Springs, without the need for any employees.

In 1984 David became a tenant and rented a house for 35 years, which he then sub-leased for a profit. By the end of 1996 David had leased and sub-leased over 100 houses. Many others have achieved real estate success using this business model.

John D. Rockefeller once said, “Own nothing, but control everything.” David has found master leasing to be a great way to control most of the benefits of real estate without all of the liabilities.

Mon, May 22nd @ 6:30PM in Marietta, GA
Atlanta REIA Wild Wild West Group
Marathon For Money!
Buy & Hold Real Estate
For Riches!

with Chris Littleton
May 22nd @ 6:30PM,
Cherokee Cattle Company,
2710 Canton Rd, Marietta, GA

No Charge for Atlanta REIA Members, Guests $10 at the Door.

Chris LittletonJoin us on Monday May 22nd at 6:30PM at Atlanta REIA West to welcome Chris Littleton of Solutions Realty Network Inc. Chris will be showing you several different areas of real estate investing such as commercial, multi-family and residential for your buy and hold plans. There are many benefits and some pitfalls with each type. Chris can help show you which ones may be the best that fit your investing style.

At this event, you will learn:

  • How to evaluate properties properly
  • How to read and use market trends to your advantage
  • What are the best tools to analyze market trends and evaluate properties
  • Answers to Your Questions and much more!

Chris along with his wife Donna Littleton, are co-owners of Solutions Realty Network Inc.(SRN). They share a passion for seeking out sound real estate investment opportunities. Their commitment to making them profitable is realized through standardized renovations, reliable property management, and consistent maintenance. The team at Solutions Realty Network prides itself on being experts in their field and proves it by successfully managing over 400 single & multifamily homes in 17 metro Atlanta counties. They also host EPIC each month in Peachtree City.

RSVP Now and join us for this Atlanta REIA West Real Estate Meeting at 6:30pm on Monday, May 22nd at The Cherokee Cattle Company at 2710 Canton Rd. in Marietta. Come join us for this fun, informative event. See Y’all There!

Atlanta REIA Members can attend for no charge and guests for $10.00. Show up at 6:30 PM to eat and network before the meeting officially starts at 7:00 PM. Buying your own meal is optional but highly recommended and greatly appreciated since the Cherokee Cattle Company allows us to use their meeting room.

There will be lots of learning and lots of networking. Bring
your deals and your haves, wants and needs to the event.

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

See Atlanta REIA Events Calendar for More Events!
Wed, May 24th @ 7PM on GoToWebinar
Beginning Investors Group ONLINE
Protecting Yourself &
Your Assets With Land Trusts

with Larry Harbolt on May 24th
@ 7PM on GoToWebinar

No Charge to Attend for Members or Guests
Who RSVP Online via GoToWebinar.com!

Larry HarboltPlease be sure to join us at the Beginning Investors Group Online on Wednesday, May 24th at 7:00PM ET with creative real estate expert, Larry Harbolt on how and why you should be using Land Trusts to purchase and control your real estate deals. Perhaps you’ve hear many, more seasoned investors talking about buying houses in trust but didn’t know what they were talking about. Now is your chance to find out more about why Land Trusts are so important for your real estate business.

Register for BIG Online Now (No Charge) and Larry will teach you things like…

  • What is a Land Trust
  • Why you should be using a Land Trust for every property you purchase
  • Advantages of Using Land Trusts
  • Disadvantages of Land Trusts & what to do about it
  • How to create a Land Trust in minutes
  • And much more!

If you’ve been wanting to learn more about Land Trusts, Register for BIG Online Now and don’t miss this rare opportunity for Larry to teach you how to add this powerful tool in your real estate investing tool box.

Register Now!

Larry Harbolt is the nation’s leading creative Seller Financing expert as well as a popular national real estate speaker and teacher whose time-tested strategies and nuts and bolts teaching style has helped thousands of aspiring real estate entrepreneurs realize their financial dreams with little or no money and without the need for credit. Larry has been successful creatively buying and selling real estate for over 30 years and has written numerous popular articles and real estate courses.

TO ATTEND ONLINE: 7:00PM Start Time. To attend the Beginning Investors Group Online via your PC, smart phone or tablet, Register Here for the Meeting on GoToWebinar.com and you will be emailed login instructions for the event.

Once you get your Webinar Confirmation Email, you can login on about 5-10 minutes prior to the 7PM start time to reserve a spot using your PC, Mac, Tablet or Smart Phone. You can download the GoToWebinar App here on iTunes App Store or the Google Play Store

About the Beginning Investors Group Online (BIG O)

Beginning Investors Group Online (The BIG O)The Beginning Investors Group Online (The “Big O” or BIGO) is an new online educational group that currently meets on the 4th Wednesday for new investors who are just getting started in real estate investing as well as “new again” real estate investors who’ve taken a few years off and are looking to get back in the game.

Each month, we will be bringing in local and national real estate experts to teach new investors how to survive and thrive in our ever changing economy and real estate market. The entire purpose of this group is to help new investors get their first deal and help new again investors get their next deal.

See Atlanta REIA Events Calendar for More Events!
Mon, June 5th at 5PM at Crowne Plaza Ravinia in Dunwoody
Atlanta REIA Main Meeting
& Vendor Trade Show
June 5th @ Crowne Plaza Ravinia Dunwoody
Unlocking The Secrets Of Master Leasing!
Get Started In Real Estate Investing Without $$$
With Special Guest,
David Tilney

Atlanta REIA Members Can Attend at No Charge. This month,
Guests Can RSVP Online Now for $20 or Pay $25 at the Door.

David TilneyWe are very excited to announce that David Tilney will be our special guest trainer this month at Atlanta REIA on Monday, June 5th at 5:00 PM at the Crowne Plaza Ravinia located at 4355 Ashford Dunwoody Rd, Atlanta, GA. If you are interested in becoming a long term real estate investor and don’t think you can afford to buy and hold an investment property using your own cash or credit, don’t despair! Think about this… what if you could rent houses from owners who are saddled with “inconvenient property” and negotiate the right to sub-lease their property to others. You could get into a property light with little or no money down!

This is exactly what “Master Leasing” is all about. You lease of a property from an owner and then sub-lease that same property to a tenant. Master Leasing is the most economical way to get started in the real estate business today. It is a way to produce an immediate income stream without large amounts of capital. David Tilney, will be showing you how to take advantage of Master Leases so you can substantially increase your monthly cash flow.

Master leasing is an incredible tool, which can benefit both owners and investors. It will lose an owner less than he is losing with a vacant property and it will insulate him or her from dealing with sub-tenant occupants. Master tenants are not agents of the owners, but rather entrepreneurs who are professional landlords. This gives a master tenant the flexibility to tailor a lease to the specific needs of each owner. They do not offer a ‘one size fits all’ solution, as do most property management companies. Since they are not agents working for the owner, the owners cannot be held vicariously liable for any of the actions master tenants take with their sub-tenants

During his 90 minute presentation, David will show you..

  • How you can achieve financial freedom without taking on debt
  • How to acquire most of the benefits of real estate without ownership
  • ‘Test drive’ properties before their purchase
  • The difference between leasing and sub-leasing properties
  • How to lessen the owner’s liability dramatically
  • And Much Much More..

David started buying houses in 1978. As he acquired properties, he hired out the management, always with dismal results. His first house had a conical fireplace and chandelier stolen, a fire started in one of the bedrooms, and the rear fence burned down. In another case, his manager left town absconding with funds and was later arrested by the FBI. David quickly learned that property acquisition was the easy part of real estate investment. The key to long-term success was, and still is, good management. David has spent more than 35 years learning property management from the most knowledgeable managers he could find and from the ‘school of hard knocks.’ In his quest to be the best manager he could be, he has implemented, revised, tested and modified other people’s ideas, and created new material as necessary. David has changed systems and procedures as the laws and times have dictated.

If you are serious about building wealth in today’s real estate
market, you don’t want to miss this presentation! RSVP Now!

As always, Atlanta REIA Members can attend the event at no charge and Non-Members can Register Online for $20 or pay $25.00 at the door. Be sure to bring your business cards and flyers and join us for an evening of real estate deals, vendors, networking, education and fun! See you there! RSVP Now!

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

RSVP Now!

See Atlanta REIA Events Calendar for More Events!
Mon, May 15th @ 6:30 PM – Hudson Grille, Sandy Springs, GA
The Beginning Investors Group
How to Find, Fund, Fix & Flip
Your Way Into MASSIVE Profits!

with Don DeRosa on Mon, May 15th at Hudson Grille in Sandy Springs
Atlanta REIA Members Can Attend at No Charge.
Guests Pay $15 Online or $20 at the Door. RSVP Now!

Don DeRosaJoin us at the Beginning Investors Group on Monday, May 15th at 6:30PM at the Hudson Grille located at 6317 Roswell Rd in Sandy Springs, GA, with Don DeRosa, who will show you about rehabbing houses for massive profits.

The real estate market is on fire right now. There are so many money-making opportunities around every corner. Do you know this but don’t know where to get started to claim your profits? Have you already gotten started but need an extra bump to kick things into higher gear? Don’t sit back and watch all your friends get rich flipping houses. Get in on the action and get your house flipping business making the money you deserve.

Don will teach you about:

  • Where to get started
  • How to get the “biggest bang for your buck”
  • How to evaluate deals based on repair costs
  • How to find and manage good contractors
  • How to protect yourself from being taken advantage of
  • How much rehab you should do to a house
  • How to evaluate what repairs need to be done
  • And much much more!

Don is a seasoned investor who has completed many of his own profitable rehabs. Don is also a mentor and has taught many other investors how to successfully complete their own. Don’t miss out on this great opportunity to get your house flipping business up and going quickly. You will learn a great deal of information about the entire rehab process.

RSVP Now!

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

Beginning Investors GroupThe Beginning Investors Group (BIG) is an educational and networking group for new investors who are just getting started in real estate investing as well as “new again” real estate investors who’ve taken a few years off and are looking to get back in the game.

This is a “dinner” group and we kindly request that you buy dinner and/or drinks since the Hudson Grille allows us to meet there. There will be lots of learning and lots of networking. Bring your deals and your haves, wants and needs to the meeting for discussion.

As always, Atlanta REIA Member can attend the meeting at no charge and not-yet-members can RSVP Online for $15 or pay $20 at the door.

See Atlanta REIA Events Calendar for More Events!
Tue, May 16th @ Noon in Atlanta, GA
The Onsite Renovation Group
Hands-On Learning “Onsite” at Real Renovation Projects
Tuesday, May 16th at NOON
476 Maynard Terrace SE, Atlanta, GA
Atlanta REIA Members Can Attend at No Charge.
Guests Pay $15 Online or $20 at the Door. RSVP Now!
Come See the Finished Product
& Massive Transformation!

Onsite PropertyPlease join us on Tuesday, May 16th at NOON for the Atlanta REIA Onsite Renovation Group (ORG), hosted by Don DeRosa and Dustin Griffin, to learn all about finding, funding, fixing, and flipping houses for big profits. This month’s meeting will be held at Frank Iglesias’s property located at 476 Maynard Terrace SE, Atlanta, GA.

Onsite PropertyIf you recall, we visited this property back in September before the renovation began. Please come join us again onsite and see how Frank has transformed this property into the finished product!

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!
Tue, May 16th @ 6:00PM – Peachtree City, GA
Atlanta REIA EPIC Group
Managing Your Property Manager
with Chris Littleton
of Solutions Realty Network Inc.

May 16th, 6:30PM, Flat Creek Country Club
100 Flat Creek Rd, Peachtree City, GA 30290

Come Join Us for COMPLIMENTARY Appetizers!

Chris & Donna LittletonProperty management can be a rewarding and sometimes a bewildering experience.There are so many moving parts it can be hard to manage or remember everything that needs to be done. This is one of the reasons the EPIC Group exists. To relay great information to better manage your properties. Join us this Tuesday, May 16th at 6:00PM (3rd Tuesday) at the Flat Creek Country Club located at 100 Flat Creek Rd, Peachtree City, GA.The EPIC Group is hosted by successful real estate entrepreneurs 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 not-yet members as well.

This month, Chris Littleton, of Solutions Realty Network Inc. will share his expertise with Managing Your Property Manager.

Chris will share:

  • The Ins and Outs for Home, Apartment & Commercial Property Management
  • Understanding your Manager’s Responsibilities
  • Things to Look for and Ask when Hiring a Manager
  • Make Your Life Simple & Free with Good Management
  • How To Choose the Most Effective Manager
  • And more including answers to all your questions!

Come Out on Tuesday, May 16th 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!

Meeting Agenda*

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

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!

Donna BauerAre you looking for the fastest, easiest, safest way to make money in today’s real estate market?  Then you need to learn about notes!  Notes are the number one way to quickly make huge cash profits in real estate, even if you don’t have your own cash or credit to get started.  In most cases, you never even own the property, which really makes for a fast, easy, safe way to profit in this marketplace.

Many people are buying defaulted bank loans at very steep discounts, either as a backdoor to acquiring the property or in order to restructure the note into a very high yielding, passive investment.  You can use the non-performing note (NPN) as leverage to get the property, either by negotiating “Cash for Keys” or by foreclosing on the property.  Even with the time and expense of foreclosing, since you are buying the defaulted notes at very steep discounts, there are still fantastic profits to be made.

If you are looking for a passive investment, then you may want to focus on restructuring NPNs to allow the homeowner to stay in the property.  Many people use this as a ministry to help distressed homeowners.   Even though the homeowner is paying only a nominal interest rate, you can make super high, double-digit returns because of originally buying the note at such a steep discount.  Read More→

Master Due Diligence

Posted on May 1, 2017 by

I have always been surprised by the lack of time investors, wholesalers and even real estate agents put into properly advertising an investment deal. They all invest an endless amount of time and money on contracting a deal, only to drop the ball on the advertising side. Many times you can take the numbers, CMAs, spreadsheets, etc. that are used to advertise a property and in a few minutes pick the deal apart. Maybe it is a lack of time or knowledge but unfortunately I feel most of the time it is an attempt to mislead or just make a paycheck. Sometimes the info looks so well put together and impressive that it might even slip by an experienced buyer. Therefore you must know your numbers.

If you are a wholesaler, investor and/or real estate agent you really need to know your numbers. There is not a day I do not receive a wannabe deal that looks good at first glance. However, once I take a closer look, it is as bad as the ones I just deleted. Let us start with the most obvious mistake, the numbers. So the very first thing I do is add the recommended repairs plus the asking price and divide it by the estimated after repair value (ARV). I like for this number to be between 70%- 75% loan to value (LTV). Nowadays, this number is 80%+ which is usually not worth the headache unless the property value is higher. But even then, I try to stay away from that high of a LTV. Heck sometime the property is marketed at one LTV when it is a completely different LTV.  Read More→

I have talked about this subject many times before but because of a recent call from one of my students I felt it important to talk about this subject again.  A few days ago one of my students called and told me she was facing a dilemma and was worried about losing her property. She told me that she had no money to pay for the annual property insurance coming due and for two years of property taxes. She didn’t have the money to pay for either. This seems to be a common problem many beginning real estate investor’s experience. This is a subject I knew all too well because years earlier I experienced this very same problem.

I guess part of this problem stems from inexperience and lack of knowledge. Although this is a problem for many, it can be solved very easily with just a little effort and discipline. I felt it very important to write this article hoping to save many newer investors the distress and sleepless nights this problem can cause.  Read More→

Your Credibility Kit tells a story about who you are and what you can do for your seller or buyer in order to get a deal done. It will list the benefits to the sellers or buyers as to why they should work with you, a Real Estate Investor. The other main function of a Credibility Kit is to give you the confidence you need in order to create a win-win solution for you with your sellers. It should have all the tools you need in it to get you through the offer making process.

For example, in the back of my personal Credibility Kit, I have a list of different types of offers I can make on a property. This helps me when talking to the seller and keeps me from getting tongue-tied or forgetting a strategy that could just help out that particular seller. It also includes a cost analysis sheet which shows my sellers exactly how much it would cost them to sell their home in the traditional way and how much money I can save them at the closing table. My personal Credibility Kit gives my sellers all the facts they need to make a sound decision to sell their property to me.  Read More→

Some say the best real estate investors achieve the title and results through years of experience. I would have to agree, however in saying that I would also add that the experience these people have is only a part of their success equation in real estate.

The most important components I would suggest you have in investing are solid real estate comps from REIA Comps to work with, diligence and focus on a daily personal marketing plan. That marketing plan should be developed, directed, and in tune to the local property market.

Goal setting is the primary reason for business success.  It goes without saying that a lack of proper planning is the number one reason for failure. Proper goal setting involves setting a business plan in place for your business goals. To many people this sounds tedious. On the contrary, goal setters have more time, freedom, more money, and more success in all areas of their lives than those who don’t.  Well, it’s no different with real estate investing.  Read More→

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