The Atlanta Homebuyers Society (AHS) is a brand new membership program and discussion group (a mastermind alliance) for persons interested in buying and selling houses for fun and profit that was inspired by Ron LeGrand’s Homebuyers Society in Jacksonville, FL. The program consists of the sharing of information and experiences among participants related to their efforts, successes, and mistakes in regard to buying and selling real estate.
AHS offers a combination of brainstorming, education, peer accountability, and support in a group setting to help sharpen participants’ real estate investing skills and achieve the success the desire. Participants will challenge each other to set goals, and more importantly, to achieve them.
Participation in AHS requires commitment, confidentiality, willingness to be creative and to brainstorm ideas and solutions to common real estate problems and to support each other with total honesty, respect and compassion in order to get deals done successfully. The purpose of AHS is to help participants become better and more profitable real estate investors and to share in those profits.
Four (4) AHS Groups are now forming now in Atlanta. Russ Hiner, Rock Shukoor, Leslie Mathis and Gordon Catts will each lead an AHS group consisting of five (5) members/entities each. Because of the limited number of openings in each group, the available positions will fill quickly. So if you are interested in participating in the Atlanta Homebuyers Society…
- Visit AtlantaHomebuyersSociety.com to read all about the program.
- If you are interested in applying, download the Atlanta Homebuyers Society Application.
- Complete the Application & Agreement fax or email it in quickly (today).
- Group leaders will review your Application and let you know if you have been accepted or have been put on the waiting list for future openings.
PLEASE NOTE: The number of participants in the program is extremely limited. Once membership of the group reaches capacity, a waiting list will be created for additional applicants. If you want to be the first to be considered for the program, send in your Application ASAP.
The April 2014 Edition of The Profit Newsletter is available for download just in time for our Atlanta REIA Main Meeting on April 7th. The Profit is an digital, interactive newsletter for new and seasoned real estate investors delivered as an Adobe PDF file to read on your PC, Mac, Smart Phone, iPad or other mobile ready devices with a PDF reader. Many of the articles and ads in The Profit contain many hyperlinks you can click or tap to visit websites, watch videos, listen to audios, download content, send emails, comment on articles, share socially and much more! The high res version of The Profit is “print ready” for those who want to print the newsletter on their home or business printer. Also, be sure to Subscribe to The Profit Here so you don’t miss a single monthly issue.
See The Profit Archives for our past editions.
Agenda for April 7, 2014
Atlanta REIA Members Can Attend at No Charge. This month,
Guests Can RSVP Online Now for $20 or Pay $25 at the Door.
PLEASE NOTE: The Atlanta REIA Meeting is being held at the Salvation Army Building located at 2090 N Druid Hills Rd NE, Atlanta, GA (Map) on Monday, April 7th at 5:00PM until 9:00PM. Atlanta REIA Members can attend at no charge and Non-Members and Guests can RSVP Online for $20.00 or pay $25.00 at the door. Non-Members can Join Atlanta REIA before the meeting and then attend the meeting for FREE!
*Please Note: Meeting agenda is subject to change.
New Group Forming: At 3:00 PM, Carla Gamper is holding the first “Multi-Family Investing Focus Group” in the Green Room. This is a new focus group that is forming for people who want to learn to increase their wealth by investing in multi-family properties. The group will work together to hone our skills at finding, analyzing and purchasing multi-family properties using the methods taught by David Lindahl, author of the Apartment House Riches home study course.
This will be a private focus group, but any Atlanta REIA Member or guest is eligible to participate in the first meeting in order to learn more about the group and get details on how to join. For this first meeting, we will be introducing ourselves and deciding as a group, discussing the purpose of the group, what we would like to accomplish, where and when the meetings will be held, etc.
Carla says “I am interested in helping others as well as myself, move farther and faster on our paths to creating passive income now. The purpose of this group is to make the most of our knowledge, leverage our time, take action, be accountable and be successful! If you want this too, I look forward to seeing you there!”
A New Group for Doing Creative Quick Turns
The Atlanta Homebuyers Society (AHS) is a brand new mastermind group that is forming now for persons interested in buying and selling houses for fun and profit. The program consists of the sharing of information and experiences among participants in the program related to their efforts, successes, and mistakes in regard to buying and selling real estate. The purpose of the group is to help participants become better and more profitable real estate investors and to share in those profits.
At 4:00 PM in the Main Meeting Room, the Atlanta Homebuyers Society is having its first meeting for all those who may be interested in participating in the program. At this meeting, interested participants will learn more about the program, meet group leaders and learn how to apply for the program. If you are interested in participating in the Atlanta Homebuyers Society…
- Visit AtlantaHomebuyersSociety.com to read all about the program.
- Download the Atlanta Homebuyers Society Application.
- Complete the Application & Agreement and bring it to the first meeting on April 7, 2014 at 4:00 PM.
- If you like what you hear about the Program, turn in your Application and group leaders will review your Application and let you know if you have been accepted or have been put on the waiting list.
PLEASE NOTE: The number of participants in the program is extremely limited. Once membership of the group reaches capacity, a waiting list will be created for additional applicants. If you want to be the first to be considered for the program, be sure to bring your Application and attend the meeting.
How To Cherry-Pick The Best REOs
& Notes The Banks Have To Offer
At 4:15 PM in the Green Room, Bob Massey will kick off the Short Sale & Foreclosure Group as the “Meeting-Before-The-Meeting” where he will be covering the latest developments and news in the real estate investing world regarind shorts sales and foreclosures, but that’s not all. He will also explain:
- How you can make $96,000 without actually buying the house or risking your own money
- What the recent billion dollar fines against the banks mean for real estate investors
- How to avoid the short sale process completely and make more money
- How to get around the no-flip clause
- And much, much more!
At 5:00 PM in the Main Lobby, we have a Vendor Trade Show that lasts throughout the meeting where you can come out and meet many of our participating Business Members and Vendor Guests who help sponsor our meeting. See a full list of our vendors and sponsors below as they are added.
Vendor tables are limited, so any vendors wanting to reserve a table for the meeting can RSVP for a Vendor Table here. Vendor tables are reserved and setup on a first-come, first-serve basis.
Starting at 6:00 PM, Dustin Griffin kicks off the Atlanta REIA Main Meeting with updates and announcements. Dustin covers what’s happening at Atlanta REIA in the upcoming weeks and months such as upcoming workshops, webcasts, special events, members benefits and much more! Be sure to be in the main meeting room at 6PM for your chance to be one of the first to receive a printed copy of The Profit Newsletter while supplies last.
At approximately 6:15 PM, Joe Thompson will be hosting the Haves & Wants Speed Marketing Session which gives our members the opportunity to quickly market deals they HAVE and to find deals they WANT. We also give our business members the opportunity to get up and say a few words about their businesses. Members who want to participate in the Haves & Wants Marketing Session must bring your flyers and get to the meeting early to get on Joe’s list of participants.
with Rateb “Rock” Shukoor
Atlanta REIA is excited to have Rateb “Rock” Shukoor as our keynote speaker for the month of April. Rock has worked as an investor, consultant, author, mentor and coach in the field of marketing and real estate for more than a decade and is a very successful wholesaler. During his presentation, Rock is going to teach you the fastest and easiest way to make fast cash investing in real estate with little or no cash, credit or experience. You will learn how to become a marketing machine and how to “Wholesale Like a Pro” so you can be the “Go-To Person” in your market for profitable real estate deals. Rock will teach you…
- How to invest in real estate with low risk and little experience
- How to buy all the houses you want without using your own cash or credit
- How to locate deals no one else can or will take the time to find
- How to negotiate with sellers and get properties under contract quickly
- How to work hours and not weeks or months to achieve the same results
- How to get paid in as little as 2 weeks to 30 days
- And much, much more!
FREE BONUSES JUST FOR ATTENDING: Rock will be giving away several bonuses for all those who attend: (1) a digital copy of his new book “The Dynamic 6″, (2) a digital copy of his book “Extraordinary Results by Ordinary Investors”, and (3) a marketing audit of your business or one-on-one consulting (a $250 value). Thanks Rock!
Don’t miss this opportunity to spend the evening with Rock and learn how to get started investing in real estate or how to take your wholesale business to the next level!
After the conclusion of the Atlanta REIA Main Meeting, we will be reconvening at the Famous Pub located at 2947 N Druid Hills Road NE in Atlanta, GA (in the Toco Hills Shopping Center) at 9:30 PM for the All New Late Nite Networking and the “Meeting-After-The-Meeting”! The Famous Pub will be extending our members and guests food and beverage specials throughout the evening.
- Do you love hanging out with other fun loving, like-minded real estate investors who love to talk about real estate investing and doing deals?
- Do you want to work with fun, energetic people who are consistently doing deals?
- Are you always looking for new contacts and resources to build your real estate dream team?
- Do you ever have trouble putting together profitable deals and need help?
- Are you constantly looking for new leads sources as well as home buyers and sellers?
If you answered “yes” to any of these questions, then you belong at Late Nite Networking! Whether you are brand new to real estate investing or have years of experienced, everyone benefits from Late Nite Networking. Come eat, drink, connect, and have fun with like-minded real estate entrepreneurs as we network late into the night!
There is no charge for Atlanta REIA Members or guests, so bring a friend and head on down to Late Nite Networking! Just be sure you order food and beverages from the pub and tip their wait staff generously.
The Small Business Advisor – A full service small business consulting firm specializing in QuickBooks with a wide variety of specialized services, trainings and products for small businesses. Read More>>
Advanta IRA Administration – With the help of your local Advanta IRA staff, use your IRA to invest in assets you know, understand and control, such as real estate, notes & mortgages, private placements, and much more! Read More>>
Lima One Capital, LLC – A fully capitalized, direct lender for residential real estate investors and homebuilders. We are fully capitalized and our team prides itself on closing loans quickly for our clients. Read More>>
Goldmine Properties, Inc. – As Atlanta’s first full service real estate wholesaler, we offer wholesale property at 65% loan to value, with financing available. Purchase price and repairs are 65% of certified after repaired appraisal. Read More>>
FirstCall Claims – Our public adjusters are experts in preparing, documenting, and negotiating claims. With more than 20 years of experience and millions of dollars for our clients, FirstCall has a solid record of improving settlement outcomes. Read More>>
Solutions Realty Network – Providing expert property management and investment services since 2003. You invest and we take care of the rest! We’re the solution to all your real estate needs. Read More>>
Craftbuilt, Inc. – We are a Metro Atlanta design-build construction firm specializing in whole-structure renovations, restorations, and new construction. No matter what the situation, we are up to the challenge! Read More>>
Pete’s Friendly Home Inspections, LLC. – Pete’s provides home inspections, radon monitoring, gas/water/septic tests, checks pools/sprinklers and any other type of inspection needed to get you that next home! Read More>>
Atlanta Capital Funding – A privately funded hard money residential and commercial lender specializing in unconventional financing where speed and attention to special circumstances are critical. Read More>>
Atlanta Private Lending – Atlanta’s premier private real estate lending company. We provide private, hard money loans to professional real estate investors for renovation and investment purposes. Read More>>
Angel Oak Prime Bridge – A direct hard money lender headquartered in Atlanta. We provide renovation/construction loans for investors and builders to purchase and renovate residential properties. Additionally we provide long term loans for rental owners to buy and hold. Read More>>
Atlanta Carpet Services, Inc. – Providing carpet, wood, vinyl, and tile, ACS is dedicated to every aspect of your floor covering needs from initial consultation to the sale and follow-up services. Read More>>
Fuller Center for Housing of Greater Atlanta – A faith-driven, Christ-centered, non-profit organization dedicated to providing adequate shelter for people in need in the Greater Atlanta area. Read More>>
- Sign Mafia
- Georgia Home Deals
- ApexTkHomes, LLC
- Air Conditioning Experts, Inc.
- Property Jetpack
- Floor and Decor
Salvation Army, 2090 N Druid Hills Rd NE, Atlanta, GA
DIRECTIONS: Get off the exit at 1-85 and North Druid Hills Rd. Turn into the driveway just to the left of Krystal and follow the driveway straight back to the Salvation Army Temple. We will have some directional signs out to make it easy for you to find.
Marketing Madness Workshop
aka Marketing 101 Workshop
April 19th, 9am-5pm – *Keller Williams
200 Glenridge Point Pkwy, STE 100, Sandy Springs
to make money in real estate?
It’s a proven fact that real estate has created more millionaires than any other investment in history, so what’s stopping you from being the next real estate multi-millionaire?
Do any of these obstacles apply to you? If so, you must attend my upcoming Marketing Madness Workshop on Saturday, April 19th from 9AM to 5PM at the Keller Williams Office* located at 200 Glenridge Point Pkwy NE, Suite 100 in Sandy Springs, GA. During this full day event, I am going to personally help you overcome each and every one of the obstacles that may be stopping you from bringing home some really big checks in a very short period of time with little or no cash, credit, experience or risk required on your part.
Whether you know it or not, as real estate investors, we are all in the “marketing” business. Yes, “real estate” is our product and “solutions” is the service we provide, but we are in the marketing business. You must learn how to be a great marketer to be able to find great deals no one else can and be able to attract cash buyers so you can close within days.
When you run your real estate investment business properly, you will get paid within days not weeks or months, just like most successful wholesalers do. Of course this is easier said than done, right? Well, it is that easy when you know what to do, how to do it, when to do it and when you have the right resources available to you.
During the Marketing Madness Workshop, I will share tons of useful and up to date information and teach you how to become a “Marketing Machine” and the “Go-to Person” for hot deals in your market.
I will teach you direct mail marketing secrets, voice broadcasting, mobile marketing, text message broadcasting, video marketing, social media marketing, how to build a buyers list, and many more killer marketing techniques that can be used in any market. I will also teach you many of my wholesaling techniques, share the resources you need and keep it simple, fun, fast and easy!
So what are you waiting for? Will you be the next real estate millionaire? It is up to you. Success starts with taking action, one step at a time. So don’t let anything stand in your way. Clear your schedule, forget the past and come join me at the workshop so I can help you become a Marketing & Wholesaling Machine! See you at the event!
*Meeting facilities provided by Deborah Harris of Keller Williams Realty First Atlanta. Contact Deborah for all your commercial or residential real estate needs at 404-272-9827 or AtlantaRealty@KW.com. Thanks Deborah!
March 27th – 30th in Atlanta, GA
Registration Starts at 8:00AM. Class Starts at 9:00AM
Come join Don DeRosa, Dustin Griffin and their subject matter experts at this jam packed, fun 4-day workshop.
The High Tech Real Estate Academy will be in session March 27-30th at the Hilton Garden Inn Atlanta Perimeter Center and YOU don’t want to miss it!
This fast pace educational event will be the one to see this year, you’ll learn so much you need to know about the in’s and out’s the tips and tricks of real estate investing.
- How to do business without an office.
- Carry your business with you so you never miss an opportunity!
- Route calls right from your device to your answering service, Title Company and others.
- Lose all those paper receipts! Use electronic receipts for your taxes, for your contractor, track your expenses!
- Send the sale contract to the lawyer for title search while you’re still at the seller’s home.
- Keep all your data in one place, each deal will have its own file with pictures of the property, offers you’ve made, comments, contact information for the deal and much more.
- Give the seller your e-card right on the spot!
- How to get a great web site to attract buyers and sellers.
- Creative financing solutions so any opportunity can be a winning one!
- How to be the first offer on the table
- Creating multiple offers to suit the sellers’ needs
- Rehabbing, the best way to do it, save money, and get a great property out of the rehab.
- How to structure entities to benefit the sale and closing.
- Finding leads without investing thousands of $$
- Applications that will make you more effective and increase your productivity.
- So many tips and tricks you’ll wonder why you have not been doing this all along!
Learn to Cover Your Assets
& Avoid Unnecessary Risk!
with Special Guest, Attorney Doug Shaddix
You’re working hard to put together a real estate portfolio to financially take care of you and your family. Have you stopped long enough to be sure you’ve done what’s necessary to protect those assets? John D. Rockefeller once stated, “Own nothing, but control everything.” Basically what he meant was ‘what you don’t own can’t be taken from you’.
Join us as at the upcoming Atlanta REIA Wild Wild West Subgroup on Monday, March 24th at 6:30PM where Special Guest, Attorney Doug Shaddix, will show you how to protect your assets so people can’t take them from you on a whim.
Attorney Shaddix will be covering all of the ways to protect your assets… corporations, LLCs, trusts, Wyoming or Nevada LLCs, offshore and more. This insider info is how the “in-the know” wealthy do business to grow and protect their assets and keep their name off the public record! Join us Monday for “don’t miss” info, including:
- When is the right time to STOP buying and selling real estate in your own name and START forming entities to do business in?
- Which entity should you consider using for your deals? (Yes there is a BIG difference here… learn it before it’s too late and Uncle Sam gets in your pocket WAY too deep!)
- How do you structure your empire for maximum asset protection and lowest taxation?
- True stories of those who failed to protect their assets and what happened to them
We’ll be meeting Monday night at the Cherokee Cattle Company at 2710 Canton Road in Marietta (just off I-75) for a great evening of fun, must have information for any investor, drinks, desserts, and great networking! Doors open at 6:30pm, so come on in and order dinner and get some networking in before the meeting officially starts at 7pm. There will be great door prizes too! Come on down and bring a friend! Atlanta REIA Members get in FREE and guests are just $5.00 at the door.
BTW, you may submit questions to Attorney Shaddix via my email address at firstname.lastname@example.org and I will be sure to get them to him. He will address them on Monday evening at the meeting. See you there!
Saturday, March 22nd from 8:30 AM – 5:00 PM
DoubleTree Hotel, Roswell, GA
Atlanta REIA is very excited to announce that Ron LeGrand will be teaching his all-day Fast Track to Wealth Seminar in Atlanta on Saturday, March 22nd at 8:30AM at the DoubleTree Hotel located at 1075 Holcomb Bridge Rd in Roswell, GA for a full days’ worth of serious money making strategies for real estate investors.
One of the topics that we are most excited about Ron teaching you is ACTS which stands for “Assignment of Contract & Terms System”. ACTS is all about quick turning houses on terms instead wholesaling for all cash. Click here to learn more about ACTS!
The new Atlanta Homebuyers Society which is forming now is based on implementing and using the ACTS investment strategy to quick turn houses and put cash in your pocket quickly with little or no risk.
If you are at all serious about doing more deals this year and/or joining the Atlanta Homebuyers Society, this is an event YOU DO NOT WANT TO MISS!
Here’s a little of what Ron will be covering at the Fast Track to Wealth Seminar…
Making Big Money With No Money Or Credit
How To Make $5,000 Per House On Over-Leveraged Houses And Never Own Them And Do 4 A Month Part Time. This is ACTS!
Please Note: When you register for this event, you will be able to download a copy of Ron’s Property Information Sheet (Download here). Take this lead sheet, call a few sellers and get a few of these completed lead sheets to class and Ron will analyze the deals with you and try to help you close some deals in class. Ron will be giving out “I Buy Houses” T-Shirts to everyone who brings in some fully completed lead sheets!
You can also listen to the teleseminar below that we recorded with Ron this week where he explains how to fill out the Property Information Sheet and what to expect in class.
- Getting Rich In Your IRA Tax Free
- Where To Find The Best Deals Even With Hot Competition
- Handling A Personal Financial Crisis
- Updates on the Dodd-Frank Law That Took Effect on January 10, 2014
Ron will cover all this and much more!
with Ron LeGrand at 7:30PM
SATURDAY: A Full Day Seminar with Ron LeGrand from 9:00AM – 5:00PM
Hey Atlanta REIA Members and Friends,
We are super excited about our Fast Track to Wealth Seminar in Atlanta on March 22nd with Ron LeGrand. You will get to spend a day with the man who has been the mentor to many of our most successful members and real estate investors. Ron is going to spend a full day with us in Atlanta to discuss America’s perfect home-based business.
Read more about the Fast Track to Wealth Seminar here: http://FromRon.AtlantaREIA.com
Register for the Fast Track to Wealth Seminar here: http://Ron.AtlantaREIA.com
Your tuition is ridiculously low. Gold Members only pay $19.95, Silver Members $29.95 and Non-Members only $49.95! Members can bring a spouse, parent, adult child or partner for no additional cost.
Even better… if you join Atlanta REIA as a new member or renew your existing Atlanta REIA membership for another year, you and a qualified guest can attend at no charge! It doesn’t get any better than that!
After you’ve registered, we will email you a link to download Ron’s “Property Information Sheet”.
Bring as many completed leads sheets to class as you can. Ron will review these leads with you in class and help you structure a deal. Everyone who brings in a fully completed lead sheet will get on of Ron’s “I Buy Houses” T-Shirts.
If you don’t get the download link for any reason, download the lead sheet here: http://LeadSheet.AtlantaREIA.com
Join us on a Special Teleseminar with Ron Tonight at 7:30PM!
Date & Time: TONIGHT, Wednesday, March 19th at 7:30PM ET
Telephone Number & Code: 712-432-5480 passcode is 44039#
Join us at the Fast Track to Wealth Event this weekend!
Date: Saturday, March 22, 2014
Registration Time: 8:30AM.
Class Time: 9:00AM – 5:00PM
Location: DoubleTree Hotel, 1075 Holcomb Bridge Rd, Roswell, GA
This month, on Tuesday, March 18th at Noon, the Atlanta REIA Onsite Renovation Group makes a final visit to 839 Gilbert St SE, Atlanta GA 30316 in Ormewood Park. We’ve seen this house at various stages of completion, and it’s time to gawk at the completed project. Doug Billian will lead a conversation about the prevailing market trends and neighborhood analysis. Bring your questions!
The Onsite Renovation Group, led by Aaron McGinnis of Craftbuilt Properties, is an new educational and networking group that focuses on the acquisition, renovation and retail resale (fix and flip) of single family residential homes inside the I-285 perimeter and the in-town neighborhoods. The purpose of this 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 of each month at NOON at an active renovation site, build site or rental property which will vary from month to month. There is currently no charge to attend these meeting.
The 7 Tips For Success
in Real Estate Investing
with Mark Jackson on March 17th
Come join us at BIG on Monday, March 17th at 6:00PM at Hudson Grille located at 6317 Roswell Rd in Sandy Springs, where Mark Jackson, affectionately known as MJ, will be revealing to you his 7 Tips To Real Estate Success. We all have limited time in a day, the same as everybody else trying to make some money. So why in the heck would you even try to do a deal without getting SMART first? You have to be in a position of authority to move quicker and negotiate faster to get that deal which is going to PAY YOU and your family big time.
Do you want to make more money per deal? Do you want to make a lot more money? If you could make as much as $20K per deal, would you be interested? If you answered “Yes”, then you should definitely attend this month’s BIG meeting where you will learn:
- How To Review Deals Quickly
- Negotiate With Power
- Buy Right And Insure A BIG Profit
- Why Valuation Always Comes First
- And much, much more.
After the conclusion of out BIG Meeting, we will be hanging out in the meeting room at the Hudson Grille for “Late Nite Networking”. Hudson Grille will be offering burger and other meal specials for our members and guests. Come eat, drink, network and have fun with like minded real estate investors and other professionals late into the night!
Each and every month, come out and meet our participating business members who help sponsor our meeting. Thanks again sponsors!
Catalyst Properties, LLC – We work as an independent contractor for Keller Williams Realty First Atlanta in Sandy Springs to help buyers, seller and investors with any of their real estate needs. Read More→
Angel Oak Funding – A direct hard money lender headquartered in Atlanta. We provide renovation/construction loans for investors and or builders to purchase and renovate residential properties. Read More>>
Legalshield Independent Associates Alan McDonald & Karen Bershad.
*Please Note: Meeting agenda is subject to change.
with Ron LeGrand on March 13th from 10:30AM-3:30PM
Set your calendars now for the upcoming ACTS Live Simulcast delivered by Ron LeGrand and Scott on March 13th from 10:30 AM – 3:30 PM EST.
On this 5 hour simulcast, they will go through each step of the ACTS (Assignment of Contract & Terms System) process from the very beginning to the point where you get a check. ACTS is the fastest way to make money in Real Estate today and 80% of the deals that Ron and Scott do are ACTS deals.
The minimal profit they will accept is $10,000 and the highest check to date so far is $35,000 on one simple, easy flip that took less than 3 weeks to do. They never owned the property nor used a dime of their own money or credit and had none of the costly entanglements some people think are involved in Real Estate.
ACTS has changed our industry. Ron’s students all over North America are using it to create 6 figure incomes and you can too, after participating in this training.
Clyde Wilson dropped out of high school in 1950 when he was 16 years old. Clyde has mastered the ability to spot incredible opportunities and structure profitable transactions. You’ll never find Clyde without his financial calculator which he uses to investigate various “what if” scenarios to improve cash flow, yields, and/or profits. Clyde has an easy, down-to-earth way of explaining how to build wealth and cash flow.
In 1954 Clyde bought his first investment property but lost money on it. Not one to give up easily, in 1959 Clyde bought a house for $199 down and $88 a month ( piti) plus another commercial property for $1500 down. Since then, Clyde has purchased single family homes, commercial properties, mobile home parks, mobile homes, industrial properties, subdivisions and more throughout the United States. In addition, he has parlayed his monies into building two 100-unit senior citizen facilities and eleven town home projects plus he has bought several International House of Pancakes and Jiffy Lube Centers.
Clyde states he has a simple philosophy for his success in real estate investing, “When you purchase a property, you want ‘income’ property not ‘out go’ property, so the property needs to have either break even or a positive cash flow from day one. If it cannot do either, walk away from the deal.”