Atlanta Real Estate Investors Alliance Blog

Setting Up a Georgia Corporation WorkshopHello everyone. I just wanted to make sure you are all aware of the workshop we have coming up this weekend and the very special offer we are making you so you can be sure to attend and get the most bang for your buck. This week only, if you join Atlanta REIA as a card carrying member, you can attend our Saturday Workshop with Attorney John Maurer on “How to Setup a Georgia Corporation the Right Way” at no additional charge. That’s right, join Atlanta REIA and attend John’s workshop at no additional charge! Read More→

Atlanta REIA News for Nov 15th, 2010

Posted on November 15, 2010 by

Watch Video on What’s Happening This Week at Atlanta REIA

Tues, Nov 16 at 7PM: What’s Hot in Real Estate Investing Webcast

What's Hot in Real Estate Investing WebcastOn Tuesday’s Webcast, Jeff Nix will be talking with local businessman and real estate investor Scott Bowen on some money saving rehab & repair tips and techniques. Click here to register for the webcast on GoToWebinar.com.

Wed, Nov 17 at 6PM: Atlanta REIA North Meeting

Atlanta REIA North Monthly MeetingThe Atlanta REIA North Monthly Meeting is our newest Atlanta Real Estate Investor Group held on the 3rd Wednesday of each month at at 1960 Skylar Hill Dr, Suite D in Buford, Georgia. There is a $5.00 cover charge for non-members. There will be Late Nite Networking immediately following the Atlanta REIA North Meeting at 8:30 PM at the Mall of Georgia Taco Mac.

Wed, Nov 17 at 8:30PM: Late Nite Networking at Taco Mac

Late Nite Networking NorthThe Late Nite Networking North Meetup is held on third Wednesday of the month at 8:30 PM until late at the Mall of Georgia Taco Mac located at 3250 Woodward Crossing Blvd, Buford, GA 30519. This Late Nite Networking event immediately follows the Atlanta REIA North Monthly Meeting.

Thurs, Nov 18 at 1:30PM: Have’s & Wants Meeting

Haves & Wants Weekly MeetingThe Haves and Wants Meeting, hosted by Joe Thompson is a weekly real estate investor brainstorming and deal making jam session held at the 5 Seasons Brewing located at 5600 Roswell Rd in Sandy Springs, GA inside the Perimeter at the Prado from 1:30 PM until 3:30 PM. The Haves and Wants Meeting meets every Thursday except major holidays.

Sat, Nov 20 at 9AM: Setting Up a Georgia Corporation Workshop

John Maurer, Attorney at LawOn Saturday, November 20th, Atlanta Real Estate Attorney John Maurer will be holding a Do-It-Yourself, But Not-By-Yourself Workshop on Setting up a Georgia Corporation in class. If you’ve been wanting to start a new LLC for your real estate investing business or any business, but have been putting it off…. now is your chance to finally get it done the right way, live in class with an attorney’s help, but without the expensive legal fees! The cost of the workshop is only $24.95 for Atlanta REIA Gold Members, $39.95 for Silver Members and $49.95 for non-members (Register Now). However, if you join Atlanta REIA this week as a Silver or Gold Member, you can attend this event at no charge as a “Thank You” for becoming a member.

Sun, Dec 21 at 6:30PM: Atlanta REIA Cash Flow Players Group

Cashflow Player MeetingsThe Atlanta REIA Cashflow Players Group, a new special interest group led by Alan McDonald, is a meetup where individuals can learn to take control of their financial future by playing Robert Kiyosaki’s educational Cashflow 101 and Cashflow 202 board games. This group will share experiences, practice real world investing using Cashflow 101 and/or Cashflow 202 strategies and be provided with educational information which will increase your financial IQ. Come play with us!

Mon, Dec 6 at 5:30PM: Atlanta REIA Main Meeting with David Lindahl

David LindahlJust Announced: Commercial real estate expert David Lindahl to speak on the secrets of his success at our next Atlanta REIA Main Monthly Meeting on December 6th! Just so you know, David has rehabbed over 820 houses in just under 10 years and currently owns over 7,400 apartment units and has a wealth of information to share with you. So mark your calendars and come join us at our December 6th Atlanta REIA Meeting to find out how to get started investing in commercial real estate. Everyone who attends will get complimentary tickets to David’s 2 Day Wealth Building Conference in Atlanta on Dec 11th and 12th, so don’t miss out!

Thurs, Dec 13 at 6:30PM: Atlanta REIA South & Late Nite Networking South

Atlanta REIA South Monthly MeetingAtlanta REIA South will begin meeting again on December 13th at Ryan’s Restaurant in Stockbridge, GA at 6:30 PM and will continue to meet on the 2nd Thursday of the month thereafter. We will also be having Late Nite Networking following Atlanta REIA South at the Taco Mac in Stockbridge starting at 9:00 PM.

All Week: Atlanta REIA Charter Membership Drive

Our Atlanta Real Estate Investor Alliance Charter Membership Drive has begun and will last for a limited time only. Now is your chance to join the hottest new real estate investor association in town as a Founding Member! Charter Members will get additional member benefits for life that other regular members who join later will not receive. Right now, Charter Members can become Atlanta REIA Ambassadors and receive up to $150 for every new member referred to Atlanta REIA during our Charter Membership Drive! Read more about Atlanta REIA Charter Individual Memberships or Business Memberships right now!

Alan McDonald

Posted on November 15, 2010 by

Alan McDonaldAlan McDonald was born in central New Jersey in the early 1970’s, grew up near Charleston SC, moving to Atlanta in 1995. Alan’s interest in entrepreneurship, audio production, and real estate investing began early in his teenage years.

Alan is an avid reader, discovering Robert Kiyosaki’s  series in 2001, and has followed Rich Dad’s teachings ever since.

Alan became involved in Atlanta’s investor community in 2002. Some of his adventures have led him to be a property manager for Metro Management and Investments, a marketing coordinator for a local Domino’s Pizza franchise, and an event planner, performer and talent for Avalanche Entertainment.

Alan is currently building a support and professional network. One of the ways he is doing that is by organizing the Atlanta REIA Cashflow Players Group and Cashflow Game Nights throughout the Atlanta metro area. Alan’s hope is to inspire others to learn about financial literacy. Alan’s driving force is to live by a statement from Zig Ziglar, “help others get what they want, and in turn, you will get what you want”.

Alan is also currently serving as Atlanta REIA’s Volunteer Director of Audio Video Services and helps record and produce the Atlanta REIA’s Haves & Wants Speed Marketing Session at the Main Meeting each month.

Alan is also the host of the new Atlanta REIA Beginning Investors Group (BIG) which is is an educational and networking special interest 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 start investing again..

More About Alan McDonald

Setting Up a Georgia Corporation WorkshopOn November 20th from 9AM to 2PM at 1960 Skylar Hill Dr, Suite D, Buford, GA 30518 (map), Atlanta Real Estate Attorney John Maurer will be holding a Do-It-Yourself, But Not-By-Yourself Workshop on setting up a Georgia Limited Liability Corporation (LLC) in class. The cost of the workshop is only $24.95 for Atlanta REIA Gold Members, $39.95 for Silver Members and $49.95 for non-members (Register Now).

Here’s what John will be teaching  in class:

  • Differences between sole proprietorships, partnerships, LLCs and corporations
  • Tax consequences and liability coverage of each entity and which is right for you
  • How to check to see if your company name is available with the state.
  • How to setup an LLC in under an hour,
  • How to work with LLCs or Corporations for single members or those that have multiple members
  • Difference between members, managing members and registered agents
  • How to setup your operating agreement how to get a tax id in minutes.
  • and much more!

Register Now!

Read More→

Update November 15, 2010: Atlanta REIA South Meetings will resume in Stockbrige on December 13th under new leadership. Late Nite Networking will follow the Atlanta REIA South Meeting. See Atlanta REIA South Monthly Meeting for more information.

Hello everyone. We sincerely regret to inform you that Marc Fordham has canceled the SMART Group AKA Atlanta REIA South for November. Additionally he is canceling all future meetings as well. See Marc’s email below for his reasons.

Atlanta REIA will be attempting to make other arrangements to form a new Atlanta REIA South group in the near future. If you would like to help us start such a South, East or West group, please let us know. In the meantime, please check out our Atlanta REIA Calendar for other meetings we have throughout the month or in the Atanta area.

Again, we are very sorry for any inconvenience or disappointment this has caused you. Read More→

One of the big pitfalls of starting a small business, such as real estate investing, is how to protect your personal assets from your business investments, and the other way around. If you buy everything in your personal name, you run the risk of a single lawsuit wiping out not only your investment, but also your personal property. As such, I generally recommend that  all small business owners incorporate their business in some way as to provide maximum reasonable protection for your assets.

There is one good reason to buy property in your own name solely, and that is for a refinance.  If you buy real estate and plan to refinance the property to get cash out, or to pay off a hard money loan, almost all conventional banks will require the property be in your own name.  If you know this is your plan going in, then I recommend you buy the property in your personal name and keep it in your personal name until the refinance takes place. This will leave you exposed to the liability of the security deed, and any consequences of foreclosure or defaulting on the loan, but it is the only way to get the refinance done in the first place.  Buying originally in your own name will save you from troubles with possible seasoning issues down the road.  Even in this instance, I still recommend putting the property into a business entity of some sort after the refinance is complete. Read More→

David Lindahl - Commercial Real Estate EntrepreneurMany of our Atlanta REIA members and guests have been asking how to get started in commercial real estate because of their interest in purchasing office buildings, strip malls, apartments and the like. Because of these repeated requests, I have managed to convince  my good friend and commercial real estate expert David Lindahl to speak on the secrets of his success at our next Atlanta REIA Main Monthly Meeting on December 6th at the Doubletree Hotel in Roswell GA (map)!

Just so you know, David has rehabbed over 820 houses in just under 10 years and currently owns over 7,400 apartment units and has a wealth of information to share with you. David will be talking about…

 

  • How to own apartments and never have to deal with tenants
  • How to get paid three different ways by investing in multi family properties
  • How to hire the right management company to do all of the work for you
  • How to find properties that have the highest profit potential
  • How you can buy local real estate in the best areas of Atlanta and Georgia
  • Discover the low risk and high cash flow of multi-family investing
  • Learn about recession proof investing and attracting all the money you need to finance your deals

 

So mark your calendars and come join us at our December 6th Atlanta REIA Meeting to find out how to get started investing in commercial real estate. We are waiving the cover charge for the December meetings so you can attend for FREE and bring your friends, family and business associates.

David Lindahl

Posted on November 9, 2010 by

David LindahlDavid Lindahl has rehabbed over 820 houses in just under 10 years and currently owns over 7,400 apartment units. Starting out as a struggling landscaper with no experience in construction, Dave accepted an opportunity to renovate a foreclosed house for a local bank during the wintertime when there was no landscaping to do in Boston.

The job was completed mostly with the advice of relatives and friends who knew how to do the work. After completing the first house, he did another and then (after getting over his initial fears) began to buy and hold small apartment buildings for himself. Read More→

Dyches BoddifordOn our October 28th, 2010 Evening with a Real Estate Expert Webcast, Jeff Nix and our members and guests spent the evening with local Atlanta estate investor and trainer Dyches Boddiford talking about his real world, creative real estate investing and financing strategies. Dyches answered many frequently asked questions about creative investing and deal funding and took questions from  Jeff and our live audience. Read More→

Rick Harper of Summit Credit GroupOn our October 21st, 2010 Atlanta REIA Business Opportunities Webcast, credit repair expert Rick Harper of Summit Credit Group (an Atlanta REIA Business Member) spoke to our members and guests how to repair your credit and your life and that of your family members, customers, tenants and buyers. Rick took live questions from our audience about credit repair and removing negative items such as inquiries, late payments, tax liens and even bankruptcy and foreclosure from their credit reports.
Read More→

Atlanta REIA Main MeetingWow, our November 1st Atlanta REIA Meeting was our biggest and best yet! A lot of new friends and old ones turned out last night to hear Dyches Boddiford speak on creative financing techniques for many your potential real estate investment deals. Including Dyches, there were five Georgia Real Estate Investors Association (GaREIA) past Presidents in attendance including Debby Henning, Steve Jordan, Jeff Nix and Don Derosa. If Gordan Catts had been in attendance, there would have been six! Atlanta REIA truly appreciates all of the support that GaREIA leaders and members, past and present, have been showing our new REIA group. Thank you everyone who attended our November Atlanta REIA Main Meeting and became Atlanta REIA Charter Members!

I must admit, hearing Dyches speak last night was like drinking water from a fire hose. Though what he teaches is more advanced and caters more to seasoned investors, he offered exactly what our group needed to hear in our troubled economic times. Simple investing and financing techniques for the  new investor and much more creative, outside-of-the-box, investing and financing strategies for the seasoned investor that are capable of generating large sums of equity and cash flow today and in the near future. Not only did I learn a few new things from Dyches, but he also reminded me of a few techniques that I had long forgotten that are totally applicable to today’s economy and real estate market. Read More→

TONIGHT, Atlanta REIA Main Monthly Meeting

Where: Doubletree Hotel of Roswell GA (map)

How Much: No Cover Charge. Bring your friends to at no charge.

When: Tonight, Monday, November 1st from 5:30 PM till 8:30 PM

  • 5:30 to 6:00 – Registration, Meet & Greet, Networking
  • 6:00 to 6:20 – Speaker: Dustin Griffin on Membership & Revenue Sharing
  • 6:20 to 6:40 – Speaker: Attorney John Maurer on Forming a Corporation
  • 6:40 to 7:00 – Marketing Your Properties & Shameless Commercials
  • 7:00 to 7:10 – Short Break
  • 7:10 to 8:30 – Main Speaker: Dyches Boddiford on Funding Your Deals
  • 8:30 to Late – Late Nite Networking in Hotel Lobby

Tonight’s Speaker Topics

Dyches BoddifordFunding Your Real Estate Deals. Many of you have asked us how and where to get the money to fund your real estate deals in our poor economy and troubled credit market place. Now is your chance to come out to Atlanta REIA and learn firsthand from one of the best real estate investor trainers around, Atlanta’s own Dyches Boddiford. Dyches will be speaking TONIGHT on how to using various investor financing techniques and money partners to fund all of your real estate transactions so that you can seize upon some of the best home buying opportunities in our lifetime. Read More→

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