Archive for Bill & Kim Cook

A few days back, Brad flew in from Virginia to discuss his real estate investing business.  He’s an experienced investor who, for the past three years, has been having a really tough time keeping his head above water.

Brad owns 17 single-family homes, 2 duplexes and a 26-unit apartment building.  He wanted me to look over his portfolio to find out what he’s doing wrong and what he can do to become more profitable.

Over the years, I’ve had the opportunity to meet with a lot of investors, study their portfolios and discuss ways they can do better.  One of the biggest and most common mistakes made – by both new and experienced investors – is doing deals that should never have been done. Read More→

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Bill & Kim CookThese days, with so many BIG-PROFIT deals popping up at each month’s foreclosure auction, lots of real estate investors – both new and experienced alike – are asking how to successfully buy at the foreclosure auction.

Here are the main topics Bill and Kim Cook will cover at March’s Atlanta REIA West Meeting on Monday, March 28, 2011, from 6:30 to 9 PM at the Cherokee Cattle Company at 2710 Canton Road, Marietta, GA (map).

If you want answers to your questions like:

  • How does the foreclosure process work in Georgia?
  • How do you make sense out of the foreclosure ads in the legal section of the newspaper?
  • What do you do when you’re out looking at foreclosure property?  What do you say to a homeowner?
  • How do you prepare for the monthly foreclosure auction?
  • How do you finance your foreclosure deals?
  • What are the biggest mistakes made – by both new and experienced investors – at the foreclosure auction?
  • If you are the high bidder, what do you do next?

Bill and Kim will show you some of their foreclosure deals that went right AND went wrong!  We’re talkin’ pictures, documents and numbers…you know, real-world stuff! Read More→

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How to Buy a Home for $101There Kim and I were, standing in front of the Bartow County Courthouse in Cartersville, Georgia, at the December 2010 foreclosure auction – freezing our tails off.  We’ve been working the monthly foreclosure market since 1995.

Cheryl Bagby, the young lady who cries the foreclosures for McCalla Raymer, the largest foreclosing attorney in the southeast, had just finished reading the legal notice for a home in Acworth, Georgia.

It was a nice 3-bedroom, 2-bath home in a great location on about an acre of land.  The home was rented to a tenant who was paying rent of $795 per month.

When Cheryl finished reading the legal, she said, “The opening bid for this property is $100.  Are there any other bids?  Going once, going twice….” What happened next will blow your mind!  But you’ll have to read along a little further if you want to know how this story ends. Read More→

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