Atlanta Real Estate Investors Alliance Blog
What’s Happening at Atlanta REIA – March 21, 2011
Posted on March 20, 2011 byAtlanta REIA has a lot of meetings, webcasts and workshops this week that you should attend if you are able. We have Movers & Shakers on Monday; the Commercial Subgroup and Haves & Wants on Thursday; two Cash Flow Games this week; three workshops this week and several webcasts. For more information, see below or checkout our events calendar for more details. Read More→
Eric Nicoll Speaking on Taxes & Wealth Building at Movers & Shakers on March 21st
Posted on March 18, 2011 by
At our next Atlanta REIA Movers and Shakers Lunch Meeting on Monday, March 21st at 11:00 AM at 5 Seasons Brewing in Alpharetta, we’ll be talking all about taxes! 2010 was a year of change with respect to tax law with a couple major iterations of new law and then an end of year “back-up” that left a great deal of the “old” law still in place. This has caused a great deal of discussion and confusion. Our special guest speaker on Monday will be Eric Nicoll, CPA, who will discuss all the changes thoroughly to show WHAT has changed and WHEN it will take effect.
Additionally, Eric likes to work with investors towards a mind-set of building wealth. We will touch on several subjects with the intention of becoming aware of the issues: Timing of Income Strategies; Character of Income Strategies; the effect of Social Security Taxes; Benefits of Long-Term Capital Rates; Installment Sales; Tax-Deferred Sales; Other Tax-deferred strategies. Tax season is upon us, so this is an informational and networking meeting you don’t want to miss!
Subscribe to Atlanta REIA Newsletter & Get Andy Heller’s eBook for FREE!
Posted on March 18, 2011 by
Subscribe to our Atlanta REIA Email Newsletter and receive Andy Heller’s 46 page ebook entitled “10 Ways to Buy Low”. You’ll get a download link in your email once you subscribe and verify your email address. And don’t forget, Andy will be our keynote speaker at our Atlanta REIA Main Meeting on Monday, April 4th at the W Hotel Atlanta Perimeter.
& receive Andy Heller’s “10 Ways to Buy Low” eBook for FREE!
Are Your Property Taxes Too High?
Posted on March 18, 2011 by
Do you think your property taxes are too high? If you do, how do you get them lowered? And who’s responsible for determining the amount you pay in property taxes, anyway?
Let’s begin with the last question first. I greatly respect and much admire the folks who work in the Tax Assessor’s office. They have a daunting, thankless job!
When Kim and I first began disputing our property taxes in 2006, I viewed the Tax Assessor’s office as my adversary. Over the years, after spending a lot of time getting to know these folks and learning how the process works, I now realize how WRONG I was. Read More→
Haves & Wants Speed Marketing Session: Mar 7, 2011
Posted on March 17, 2011 by
This was the Haves and Wants Speed Marketing Session that we recorded live at our March 7, 2011 Atlanta REIA Meeting. This is a new 30 minute session at our Atlanta REIA Main Monthly Meeting that starts at 6:00 PM on the 1st Monday of the month and is hosted by Joe Thompson. The purpose of this marketing session is to help facilitate deals by giving our members the opportunity to quickly market things they HAVE and no longer want and to find things they WANT but don’t yet have. Thanks to all those of you who participated. And special thanks to Joe for hosting the session and to Alan McDonald for recording the session and improving the quality of this video each and every month.
Download Mar 7, 2011 Speed Marketing Flyers (pdf). Read More→
What’s Hot in Real Estate Investing Webcast Replay: RealtyJoin.com 2.0 with Andy Heller
Posted on March 17, 2011 by
Local real estate expert Andy Heller was our special guest on the March 2011 What’s Hot in Real Estate Investing Webcast. Andy talked about the recent launch of RealtyJoin 2.0, the new and improved Social Networking Site for Real Estate Investors, Agents, Brokers and Tradespeople. It’s a site specifically designed for real estate investors matchmaking, and will help you make more MONEY. Be sure to take 5 minutes to visit www.RealtyJoin.com, create a profile for yourself and/or your company and “Friend” Atlanta REIA on RealtyJoin.com Read More→
Eric Nicoll
Posted on March 17, 2011 byFor over a decade, Eric Nicoll, CPA has been helping real estate investors to maximize their opportunities to create wealth through real estate. Having been a builder, developer, investor and financial strategist himself, he is able to bring a depth of knowledge to the table to assist investors with their transactional issues as well as tax planning strategies and tax preparation needs with the prime goal of helping people to build wealth.
Determining Accurate Property Values In Today’s Market
Posted on March 17, 2011 by
Most seasoned real estate investors and other real estate professionals are pulling comps entirely different than they did a few short years ago. One of the main reasons many investors are sitting on the sidelines is because they are not comfortable determining home values in this market. Find out why on Tonight’s Live Webcast at 7PM where Gordon Catts will be talking about resources available through public records, the Internet as well as subscription services and explain why it is critical to have a better understanding of the valuation process. In this market the difference between making a big profit and making a big loss rests on the investor’s ability to understand and apply the valuation process to investment properties. There are a number of excellent resources available for gathering the necessary information to make an informed decision. We will identify some of these valuable resources as well as identify professionals who can help you identify opportunities as well as steer you clear of pitfalls. Register for the Webcast Now!
Lenny Ogburn
Posted on March 17, 2011 by
Lenny Ogburn has always been an entrepreneur and investor, owning a partnership in 3 video stores in the early 1990’s, owing over a dozen rental properties and self storage units, rehabbed and/or flipped over 30 properties, has invested in car notes, business notes and real estate notes. In 1998, when he bought his present home at a great price, paying the sellers asking price and acquiring it by a subject-to deal, the county that year raised his property tax value to over $60,000 higher than the purchase price of his home. Having bought 7 properties that year, Lenny quickly realized that buying properties as an investor was tough to make cash flow from the rentals when the county jacked the values for investors and home owners. Read More→
Atlanta REIA North on Determining Property Values in This Market and More!
Posted on March 16, 2011 byWednesday, March 16th @ 6 PM: Atlanta REIA North Meeting
One of the main reasons many investors are sitting on the sidelines is because they are not comfortable with home values in this market. On Wed, March 16th, Gordon Catts will be talking about resources available through public records, the Internet as well as subscription services and explain why it is critical to have a better understanding of the valuation process. In this market the difference between making a big profit and making a big mistake rests on the investor’s ability to understand and apply the valuation process. There are a number of excellent resources available for gathering the necessary information to make an informed decision. We will identify some of these valuable resources as well as identify professionals who can help you identify opportunities as well as steer you clear of pitfalls. We’ll also do a Q & A with Gordon.
Join us Wednesday night from 6:00 PM to 8:00 PM at 1960 Skylar Hill Dr, Suite D in Buford, GA (Map) as we explore this fascinating topic. Atlanta REIA Members may attend at no charge. Guests may attend for $5.00. Late Nite Networking takes place after the meeting at the Mall of GA Taco Mac.
What’s Hot in Real Estate Investing Webcast on RealtyJoin.com 2.0 with Andy Heller
Posted on March 15, 2011 byTONIGHT, Tuesday, March 15th @ 7 PM
Local real estate expert Andy Heller will be our special guest on Tuesday’s Webcast. Andy will be discussing the launch of RealtyJoin 2.0, the new and improved Social Networking Site for Real Estate Investors, Agents, Brokers and Tradespeople. It’s a site specifically designed for real estate investors matchmaking, and will help you make more MONEY. Register for the Webcast Now! Andy will also be our guest speaker at the Atlanta REIA Main Monthly Meeting on April 4th, 2011 at the W Hotel Atlanta Perimeter.
Also, be sure to take 5 minutes and register a profile for yourself and/or your company and “Friend” Atlanta REIA on
www.realtyjoin.com
Some of the leading real estate gurus in the country have teamed up with a group of top software developers and Web designers in Silicon Valley and formed RealtyJoin, a social networking site for the real estate industry. RealtyJoin will make it easier for you to find great deals, opportunities, and vendors, and make more money – and membership is free!
RealtyJoin is designed to help you connect with new clients and develop new business opportunities. Think of RealtyJoin as a marketplace for real estate investors, agents, contractors, architects, and other companies that provide goods and services to the real estate industry. Read More→
Use What You Have… to Get What You Want
Posted on March 15, 2011 byPete Fortunato (PeterFortunato.com) has been one of my main real estate investing teachers for many years. The guy is phenomenal! (Not to be confused with pneumonia…I’m dyslexic – what happened to “spell it like it sounds?”) Pete is one of the best and most creative deal structurers on the planet!
Pete has a great saying: “Use what you have, to create what you need, to get what you want.”
Until recently, I’ve never fully understood what he meant. But finally, the light turned on!
As real estate investors, we’re often asked by prospective tenants or buyers, “Will you work with me on the deposit?” The usual answer is, “No. Are you nuts?” Ok, perhaps we only think the “Are you nuts?” part.
Point is, we’ve always required the cash up front in order to make the deal work.
Similarly, when we’re buying a property, all too often, the homeowner also wants all the cash up front. Since I’m always light of having the amount of cash the seller needs, the deal is lost.
Now, let’s think like Pete. It’s not the cash that the seller wants, is it? Isn’t it what the cash will buy or do that’s the key? Read More→
