Archive for October, 2011

Kim is Getting Her Investor Calluses Back

Posted on October 18, 2011 by

Short Sales & ForeclosuresFor the last four years, I have sat at my desk every day coordinating Short Sale transactions for realtors.  With no risk involved, Retail Short Sales have been great for the pocketbook, but terrible for the “investor” side of me.  It has caused me to lose my investor calluses and be fearful of the homeowner behind the door.

Bill said that it’s OK to be scared, but I should be more afraid of failure.  “If you want to be an investor, then you need to get your calluses back,” he advised.   Read More→

Than Merrill

Posted on October 18, 2011 by

Than MerrillThan Merrill, star of A&E’s “Flip this House” and the founder of FortuneBuilders.com and CT Homes, LLC is one of the most successful real estate investors in the nation. In the past eight years he has bought and sold a total of over 500+ properties nationwide.

Than also coaches many other successful Real Estate Investor’s and business owners around the country. The key to his student’s rapid success is the franchise like systems he helps students set up within their business. Than’s mantra is derived from the belief that “Business Process Automation” is the key to insuring guaranteed success in any marketplace. Than absolutely loves guiding other investors towards financial freedom by teaching them the principles of how to invest strategically.

 

Don DerosaThis Thursday, October 20th at 7PM ET on the Atlanta REIA Training Opportunity Webcast, Don DeRosa will take the coolest tech tool out there – the iPad – and walk through step-by-step, how to use it to evaluate and structure real estate deals with the greatest of ease.

Don’s going to walk through two of his recent deals and cover:

  • How he got the lead
  • How he evaluated the deal
  • How he decided whether it was a buy and hold, or a fix and flip
  • How he determined his repairs, and captured them for competitive bids
  • How he determined how much he could offer
  • How he negotiated with the seller
  • How much he’ll make on it
  • and much more!

Register Now!

Read More→

Atlanta REIA West MeetingYou really want to take advantage of this hot Buyer’s market, you know it’s a great time to be involved in real estate, but there’s something stopping you—something BIG.  You just don’t know where to get the money to do your deals!  Well we’re about to fix that-come join us at Atlanta REIA West on Monday, October 24th at 6:30 PM and discover various ways to get access to CASH to do your deals.  We’ll expose you to some pretty creative and non-conventional methods to fund your deals.  This is one you definitely don’t want to miss, because its common knowledge that the one with the cash gets the best deals!

We have assembled a panel of REAL money sources for you.  This group of lenders and experts has never before been brought together like this!  Meet Jim Hitt with American IRA, a real source of a wealth of information on private money lending.  Meet David Dick, a Hard Money Lender right here in the Atlanta area.  Meet Tim Gibson, a Senior Loan Officer with the #1 Ranked Independent Mortgage Lender for Purchases in the U.S. Meet Jim Gibson, a Reverse Mortgage Specialist hand-picked from the masses to represent this very unique product.  Attend Atlanta REIA West and meet them all, live and in person.   These four people have access to millions of dollars to lend to people just like you.  Read More→

What's Happening at Atlanta REIAThis week we have another jam packed week of meetings, networking events and training for Atlanta REIA Members and guests. Monday, Bob Massey will be speaking at the Movers & Shakers Lunch Meeting on investing in short sales with an agents help. Tuesday, Jens Beatty will be doing a special webcast on LeadTheme 2.5 for WordPress as a bonus session for the Internet Marketing Boot Camp. Wednesday, Jim Hit will be at Atlanta REIA North teaching us how to invest in real estate using IRAs. Thursday is the Haves & Wants Meeting at 5 Seasons Brewing. Thursday evening, Don DeRosa will be doing a special Training Opportunity Webcast on evaluating and structuring deals with the iPad. Saturday, Bob Massey is doing a FREE half day workshop for Atlanta REIA Members! This is a great week to get involved with Atlanta REIA! Read More→

Bob MasseyShort Sale Expert, Bob Massey is back at Atlanta REIA teaching a FREE workshop for Atlanta REIA Members on Saturday, October 22nd from 9AM to 1PM at 1960 Skylar Hill Dr, Suite D in Buford, Georgia. This will be a two part workshop. The first will be on the foreclosure process in GA, the law and how it affects the agent, the seller and the investor. Bob will cover:

  • Foreclosure process in Georgia
  • Loan modification
  • Deeds In Lieu of Foreclosure
  • Tax implications of forgiven deficiency
  • Deficiency and foreclosure
  • Future Credit Implications of foreclosure, bankruptcy, DIL, Short Sale with FHA, Fannie, Freddie and USDA
  • Bankruptcy
  • Relationship between seller and bank
  • Agent’s responsibility to the seller
  • Agent’s responsibility to the bank
  • The bank’s process to evaluate an offer
  • Making offers on Short Sales
  • How to support your offer to get it accepted
  • BPO process
  • Is it a breach of fiduciary responsibility for agent to negotiate short sale for seller?

The second half of the workshop will be to discuss Read More→

Jim Hitt

Posted on October 14, 2011 by

Jim HittFor 30+ years, Jim Hitt has been committed to all aspects of investing, using self -directed IRAs for his own investments since 1982.

Jim’s forte is the financing and acquisition of real estate, private offerings, mortgage lending, business’s, joint ventures, partnerships and limited liability companies using creative techniques. He has developed, owned, and managed everything from single family homes to multi-unit commercial properties and million dollar business’s. Read More→

Internet Marketing Online Boot CampOn October 13, 2011, in Workshop #4 of the Internet Marketing Online Boot Camp for 2011, Dustin Griffin covered “Setting Up a WordPress Website and Blog (Part 2)”. The purpose of this class is to teach you how to start using a WordPress Website and Blog to promote your business online. In Part #1, Dustin gave attendees a good introduction to blogging and talked about how and why a WordPress.org standalone blog is great for Internet Marketing. He also showed attendees how to purchase a domain name, a hosting account and how to install WordPress on the server. In Part #2, Dustin showed attendees how to use the WordPress Dashboard CMS to setup, customize and configure their WordPress Website and Blog. In Part 2 of this 2 part WordPress Workshop, Dustin covered the following material… Read More→

Jens BeattyOur next What’s Hot in Real Estate Investing Webcast is on Tuesday, October 18th at 7PM ET with website designer and internet marketing expert, Jens Beatty, on his WordPress LeadTheme 2.5. As you know, many real estate investors and small business owners use WordPress to power their websites and blogs because of it’s flexibility, ease of use and its ability to achieve great search engine rankings without a lot of technical know how. In fact, if you haven’t noticed by now, AtlantaREIA.com is a customized WordPress Website and Blog.

LeadThemeBecause of the ever increasing interest in WordPress, Jens has created a fantastic WordPress theme that focuses on something that most WordPress themes do not… generating leads. His WordPress theme is called LeadTheme and it was designed specifically to make it super quick and easy to get your website online and generating leads. LeadTheme 2.5 is also designed to work with popular social networking sites such as Facebook, Twitter and Google +.

Register Now!

Join us on the webcast and download LeadTheme 2.5 for FREE! Read More→

Bob MasseyHave you ever had the problem of coming across a great short sale deal but it’s listed with an agent who refuses to work with you because you’re an “investor”?  Ever had an agent tell you that flipping short sales is illegal? Would you like to know what to say to those agents to get them to work with you and not against you? On October 6th, 2011, Bob Massey did a Training Opportunity Webcast with Atlanta REIA to teach us some simple ways to overcome the issues that often separate agents and real estate investors and prevent us forming profitable, working relationships. Bob addressed many of the common issues we must face when working with agents and also talked about how to make some huge profits investing in short sales by working with agents. Just so you know, Bob is one of the foremost educators in the country when it comes to teaching both real estate agents and real estate investors to work together for their mutual benefit and profit and has been doing so for years. Read More→

Internet Marketing Online Boot CampOn October 11, 2011, in Workshop #3 of the Internet Marketing Online Boot Camp for 2011, Dustin Griffin covered “Setting Up a WordPress Website and Blog (Part 1)”. The purpose of this class is to teach you how to start using a WordPress Website and Blog to promote your business online. Dustin gave attendees a good introduction to blogging and talked about how and why a WordPress.org standalone blog is great for Internet Marketing strategies such as Search Engine Optimization (SEO), Social Media Marketing (SMM), Search Engine Marketing (SEM) and Electronic Mail Marketing (EMM). In Part 1 of this 2 part WordPress Workshop, Dustin covered the following material… Read More→

Are Option Agreements Legal?

Posted on October 10, 2011 by

Real Estate Option AgreementsIn a column I wrote two weeks ago, I made the point that Options are the most powerful and underused documents in real estate.  After the column ran, I got a call from a long-time realtor.  He had some questions about Option Agreements and offered to buy me a cup of coffee.  I said yes because, as you may know, I love free coffee… and a doughnut!

The first question he asked was, “Are Options legal?”  I answered, “Yep, they’re very legal.  In fact, did you know that most Georgia Association of Realtors’ Purchase and Sale Agreements (aka The GAR forms) begin life as Option Agreements?” Read More→