Archive for October, 2017

Sat, October 28th at 9AM – Atlanta, GA
This Event Sold Out Last Year. Register Now!
Making a Fortune Buying Houses with No Money and No Credit
The Ultimate “How To” Workshop on Buying Houses “Subject To”
A Full Day Workshop with Don DeRosa
Sat, October 28th 9AM-7PM
3125 Presidential Pkwy, Atlanta, GA
Bring Your iPad, Tablet or Smart Phone

Don DeRosaHave you heard what buying houses Subject-To is all about? If you want to know, or want a refresher course, then join Don DeRosa, on Saturday, October 28th from 9:00AM to 7:00PM (Registration starts at 8:30AM) at 3125 Presidential Pkwy, Doraville, GA

Don DeRosa will be conducting a special full day workshop with Atlanta REIA on “How To Do The New Subject-To”. This class is all about how to buy and own real estate and make lots of money with little or no money down.

Learn How To Buy Houses…

  • Without using your own cred
  • Without having to sign personally on a note
  • Without having to qualify for a mortgage
  • Without having much money

Beginner or experienced real estate investors can find immediate success using Don’s simple formula. There are six easy steps to follow when buying “Subject To.”

  • Locating Sellers
  • Prescreening Sellers
  • Constructing Offers
  • Presenting Offers
  • Finding the Money
  • Selling Houses

Once you learn to follow these steps you can do this over and over again for an average profit of over $20,000 per property!

This event will show you from start to finish how to buy “subject to” properties… from raising capital, to finding leads, to meeting with the seller and closing the deal.

This workshop is jam packed with very important topics that Don will cover such as:

  • How to buy houses with little or no money up front
  • Finding the easiest ways to attract motivated sellers
  • How to evaluate any lead and decide whether it’s deal or a dud
  • Know how much money you’ll make before you make an offer
  • How to structure a deal in less than 10 minutes, using multiple strategies
  • How to use Don’s Green means ‘GO’, Red means ‘NO’ tools to negotiate for you, so you never let your emotions talk you into making a bad deal
  • How to meet with the seller and make them feel comfortable with your offer, and how to avoid getting shut out of a deal
  • How to walk away with a signed offer the same day and put it in your lawyers hands while you’re with the seller
  • Learn the top five negotiating tactics to get sellers to say “yes”!
  • Find all the private money you need without putting loans in your name
  • Exit strategies that will not only make you lots of money today, but make you wealthy long term
  • The Secret to creating passive income deals of $350 + per month without any of your own money and with NO management on your part.
  • And much, much more including answering your questions!

SEATING IS LIMITED: If you want to gain the cutting egde yu need to succeed and bypass your competition.

Don will give you practical tips with real life examples. Prepare to be fascinated and blown away by what today’s technology offers, and what tomorrow can bring! REGISTER NOW!!

Register Now!

*PLEASE NOTE: The 2-for-1 Early Registration Special expires on Wednesday, October 25th at midnight. Non-Members who join Atlanta REIA between October 16th through October 25th, 2017 can attend the workshop for NO CHARGE. Also, Atlanta REIA Members who renew their membership for an additional year on or before October 16th through October 25th, 2017 can attend the workshop for NO CHARGE as well. When joining Atlanta REIA or renewing your membership, please indicate that you want to attend the workshop at no charge. You can join Atlanta REIA at http://atlantareia.com/membership.

REGISTER NOW WHILE SEATS ARE AVAILABLE for the workshop and bring your iPad, tablet or smartphone and join us at the event.

See Atlanta REIA Events Calendar for More Events!
Mon, Oct 16th @ 6:30 PM – Hudson Grille, Sandy Springs, GA
The Beginning Investors Group
Mon, Oct 16th at 6:30 PM at
Hudson Grille in Sandy Springs
How To Wholesale Virtually
with Jeffrey Richman
Atlanta REIA Members Can Attend at No Charge.
Guests Pay $15 Online or $20 at the Door. RSVP Now!

Jeffrey RichmanYou may ask, “What is Virtual Wholesaling”? It is when you buy and sell properties at wholesale prices, often sight unseen, from long-distances using computers, tablets, smart phones, online references along with local help when you can get it. On Monday, October 16th at 6:30PM at the Beginning Investors Group in Sandy Springs, we will have as our special guest speaker, Jeffrey Richman, from Charlotte, North Carolina, who will show you the in’s and out’s of Virtual Wholesaling!

The big advantage of Virtual Wholesaling is that the investor can spread their efforts across multile markets, which can maximize their potential return on investment, especially if they are operating in a hot, crowded market area.

Jeffrey Will Show You:

  • Why not to limit yourself to just your own local market
  • The tools necessary for success
  • How to utilize technology
  • Answers to your questions and much more!

RSVP on Facebook

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

RSVP Now!

The 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.

BIG is hosted by Dustin Griffin who 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 the group is to help new investors get their first deal and help new again investors get their next deal.

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, Oct 17th @ Noon in Hapeville, GA
The Onsite Renovation Group
Hands-On Learning “Onsite” at Real Renovation Projects
Tuesday, Oct 17th at NOON
259 Maple St, Hapeville, GA
Atlanta REIA Members Can Attend at No Charge.
Guests Pay $15 Online or $20 at the Door. RSVP Now!

Onsite PropertyPlease join us on Tuesday, Oct 17th 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 gathering will be held at a property being renovated by Sherry Meeks located at 259 Maple Street, Hapeville, GA.

This house was a 2 bedroom 1 bath when purchased. Sherry is converting it to a 3/2 with an addition of at least 300 sq ft, a new front porch and a rear deck. Come see how Sherry is transforming this old, small, run-down house into a gorgeous home!

The 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.

Onsite Renovation GroupThe 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!

RSVP on Facebook

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

See Atlanta REIA Events Calendar for More Events!
Tues, October 3rd @ 6:30PM in Cumming, GA
Mountain REIA
Making The Impossible Deals, Profitable!
October 3rd @ 6:30PM,
Golden Corral Cumming,
2025 Market Pl Blvd, Cumming, GA

$2 Charge for ALL Attendees.

Bill CookDid you know that every month, within 5 miles of your home, there’s a $15,000 net-profit deal waiting to be had? The hard part is finding it, and then knowing how to creatively structure it into a big-profit deal. There won’t be a large sign in the yard that reads: Stop Here – $15,000 Deal Inside! A common mistake made by many would-be real estate investors is to run a We Buy Houses ad, then sit back and wait for the phone to ring. A truth: The phone rarely rings! Because of this, most new investors go out of business long before they find their first deal!

To succeed at real estate investing, you must get face-to-face with sellers on a regular basis. The fastest, cheapest and most effective way to accomplish this all-important task is to simply knock on sellers’ doors and ask why they’re selling.

In addition to door-knocking, you must continually learn creative deal structuring techniques from experienced real estate investors. The best creative deal structurer I know is Pete Fortunato. With nearly 50 years of deal-making experience under his belt, he’s the master! If you want to learn how to make impossible deals possible, do what we do: hang out with been-there-and-done-that investors. They know stuff! You will find these been-there-done-that experienced investors at your local REIA functions.

RSVP Now and join us for Mountain REIA at 6:30pm on Tuesday, October 3rd at The Golden Corral in Cumming at 2025 Market Place Blvd. in Cumming. Come join us for this fun, informative event. See Y’all There!

Everyone can attend for $2.00. 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 Golden Corral 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, October 4th @ 6PM in College Park, GA
Atlanta REIA South/Multifamily/Commercial
Making The Impossible Deals, Possible!
with Bill Cook
October 4th @ 6PM, Club E,
3707 Main Street, College Park, GA

$15 CASH cover charge for everyone who attends
which includes a light meal

Bill CookDid you know that every month, within 5 miles of your home, there’s a $15,000 net-profit deal waiting to be had? The hard part is finding it, and then knowing how to creatively structure it into a big-profit deal. There won’t be a large sign in the yard that reads: Stop Here – $15,000 Deal Inside! A common mistake made by many would-be real estate investors is to run a We Buy Houses ad, then sit back and wait for the phone to ring. A truth: The phone rarely rings! Because of this, most new investors go out of business long before they find their first deal!

To succeed at real estate investing, you must get face-to-face with sellers on a regular basis. The fastest, cheapest and most effective way to accomplish this all-important task is to simply knock on sellers’ doors and ask why they’re selling.

In addition to door-knocking, you must continually learn creative deal structuring techniques from experienced real estate investors. The best creative deal structurer I know is Pete Fortunato. With nearly 50 years of deal-making experience under his belt, he’s the master! If you want to learn how to make impossible deals possible, do what we do: hang out with been-there-and-done-that investors. They know stuff! You will find these been-there-done-that experienced investors at your local REIA functions.

RSVP Now and join us for this Atlanta REIA South/Multi-Family Real Estate Meeting at 6PM on Wed, Oct 4th at The Club E at 3707 Main St. in College Park. Come join us for this fun, informative event. Don’t miss this opportunity to learn from the master!

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

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.

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

The Profit Newsletter - October 2017The October 2017 Edition of The Profit Newsletter, the official newsletter of the Atlanta Real Estate Investors Alliance, is now available for download. There are 46 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

Robyn ThompsonHere are my seven strategies to help increase your return on investment on keeper properties by reducing vacancy.

  1. Do Your Homework Before You Buy

    Location, Location, Location… Search out the areas that have low vacancy rates.  Talk to local realtors, property managers, and seasoned investors who have been renting units for over a decade before you take the plunge and buy a property.

    For example, I want to own property where supply of rental properties is low and the demand is high.  I own properties in a town where the schools are in the Top 50 Schools in America.  Demand for rental property is high and my average days on market to rent are usually less than 2 weeks.  Read More→

I believe we all need to improve our businesses. The only way to do this is intentional reflection and forensic analysis. We all can learn a better way to look at our business to stay on top of our game. The best example of this was back in 2000 when the market opened up and anyone who had credit could get into a house.  I was using an old business model to screen tenants and respond to inquiries about my properties. I had to make a change quickly because the vacancies lasted longer than needed. I learned the lesson to stay on top of the market. If you become complacent your business will drop off.

In the last article, I wrote about sitting at the table with two sellers and working to get them to finance their house so I could renovate it. Then I would pay off the mortgage. It was a buy, fix, and sell. I will be using poetic license in referring to the “lender” as owner financing / private lending/ hard money.  Read More→

Rehabbing Your Way To Millions

Posted on October 3, 2017 by

In just about any real estate market I believe that there are a lot of great ways to make a fortune in real estate and one of those ways is to rehab and sell properties quickly. This is a strategy I implement on a daily basis in my own Real Estate Investing business.

There are some excellent resources for you to use to find vacant, ugly properties to rehab and sell in virtually any price range. One of those ways is to simply use targeted direct mail campaigns like I do to find motivated sellers of ugly vacant properties or estates.

This is a great way to find highly motivated sellers who need to sell quickly and there are great deals to be made for pennies on the dollar. Remember, your profit is made when you buy a property.  Read More→

We are seeing more interest among real estate IRA enthusiasts in purchasing distressed and vacant properties. Many times, the real estate IRA investor can purchase a promising vacant property at a substantial discount to its intrinsic value, which make these properties attractive value investments – especially for those real estate IRA investors who have the capital to upgrade these properties and make them once again attractive to tenants at a reasonable rent.

But as long as a property is vacant, there are some special considerations that investors need to consider:  Read More→

Last month I explained why sellers who live in the property they are selling usually do not have to pay high capital gain taxes. It is the exact opposite for property owners who do not live in the property they are selling. This is why I always prefer buying properties from sellers whose property is not their primary residence. These sellers will definitely have high capital gains taxes to pay if they get all cash when they sell.

Paying high taxes can be a huge deterrent for many sellers once they understand how much they will be losing. On the other hand, if the sellers do not, or have not lived in the property as their primary residence and you can’t convince them that if they get all of their money from the sale of their property at closing they will have to pay high taxes in the year of the sale you need to explain to them…  Read More→

Never Take Orders From Paint

Posted on October 3, 2017 by

The late Jack Miller was one of my primary real estate investing teachers.  He was a wonderful man and an incredible educator and mentor.  It’s hard to believe that he went to heaven almost six years ago…not a day goes by that he and I don’t have a conversation in my head. 

Jack was the type of guy who very much marched to his own drum.  One of his best quotes was: Never take orders from paint.

Let me explain: Have you ever turned onto a street, seen the One Way sign and realized that you were going the wrong way?  What did you do – an immediate U-turn, right?  That’s what most of us would do.  But not Jack!  Jack would keep going the way he was going and say, “Never take orders from paint!”  Read More→

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