Archive for March, 2012

What's Happening at Atlanta REIAWe have another great week of education, networking and fun at Atlanta REIA. Monday is Atlanta REIA West with Attorney Doug Shaddix on Land Trusts. Tuesday is a special Webcast on “No More Short Sales?!?” with Bob Massey. Wednesday is the Beginning Investors Group with Russ Hiner on Wholesaling for Huge Profits. Thursday is Haves & Wants and Part 2 of the Investing in Your IRA Webcast with Jim Hitt. Saturday is the Real Estate 101 Workshop with Gordon Catts. Read More→

Robert SheminJUST ANNOUNCED: You may recall that Robert Shemin dropped by one of our Atlanta REIA Meetings last fall while he was in town. The good news is that Robert is coming back to our Atlanta REIA Main Meeting on April 2nd as our main guest speaker for the month! For those of you who don’t know Robert, he is a best selling author of 16 books, a wealth expert, and a multimillionaire real estate expert. Robert will also be back in Atlanta on April 7th for a full day workshop with Atlanta REIA. More details will be posted soon!

Tenants + PitbullsI advise landlords to regularly inspect their rental properties – both inside and out.  This will help keep little problems from becoming big problems.  Another good piece of advice is to know the neighbors around your rentals and make sure those neighbors have your phone number.

A few weeks back, I inspected a property we manage in Canton, Georgia.  The tenants had lived there for about five months.  They kept the home spotless, paid on time and were comfortable to work with.

While we allow pets, these folks didn’t have any…or so they told me.  As I did a walk-around inspection, I opened the gate to the backyard and suddenly realized three very important things:  First, the tenants had acquired a momma Pitbull and her six pups.  Second, momma Pitbulls are VERY protective of their babies.  Third, I didn’t have a change of underwear – something I suddenly needed DESPERATELY! Read More→

What’s Your Asking Price?Cruising yard sales and working at a pawn shop are two of the best ways to learn how to negotiate.

I’ve spent years doing both, and one of the biggest mistakes I see people make is asking the seller, “What is your asking price?’

Big Mistake – huge!

Think about it:  when a seller prices an item for sale – whether it’s a boat, house, or trinket – he has a ‘written’ price in his mind.  Usually, he will ask one price, but will take another.  So when you, as the buyer, ask the seller, “What’s your asking price?” he mentally sees the ‘written’ asking price in his mind and gives you that answer, instead of the price he will actually take. Read More→

Robert Shemin

Posted on March 23, 2012 by

Robert SheminWealth advisor for both CNN, and FOX News, New York times and Wall Street Journal bestselling author with 16 titles including his mega success “How Come that Idiot’s Rich and I’m Not?” and  “7 S.E.C.R.E.T.S of the Money Masters”.  Robert Shemin is one of the nation’s most sought after real estate and financial market forecasters today.

Robert became a millionaire by the young age of 32, retiring from investing.  Instead of keeping all of his wealth building strategies to himself, Robert decided to share his secrets and became an Internationally-respected Wealth Creation Expert.

Regularly sharing the podium with such financial luminaries as Donald Trump, Robert Kiyosaki, David Bach, Suze Orman and Tony Robbins, Shemin helped create The Learning Annex Wealth Expo and has consistently been voted the “#1 speaker” by crowds of over 50,000 people.

Robert has been interviewed and quoted on all topics of finance ranging from real estate to branding, negotiating, entrepreneurship and investment strategy in over 300 publications including the Wall Street Journal, Business Week, USA Today and TIME Magazine.  He is a frequent guest on national, regional, and local television and radio programs such as National Public Radio (NPR) and CNBC’s “The Big Idea” with Donny Deutsch. Read More→

Kristin Mack

Posted on March 23, 2012 by

Kristin MackKristin Mack has been in Real Estate for over ten years: first as a licensed realtor in California and now as a Real Estate Investor in Savannah, Ga. Her passion in real estate has led her to focus on continually buying and selling properties, while managing existing income-producing units. Upon moving to Savannah, she quickly saw the need for a creative real estate investment group where investors could work together and stay abreast of the current real estate trends and laws, while partnering and growing their business. Kristin is a founding member and volunteer director of the Savannah Real Estate Investors Alliance (SavannahREIA.com). Read More→

Aislee Jackson

Posted on March 23, 2012 by

Aislee JacksonAislee Jackson was one of six children born and raised in Savannah, Georgia. He graduated from HV Jenkins High School and attended Georgia Tech. Aislee joined the Georgia Air National Guard in 1995 where he served as an Computer and Telephone Maintenance technician until 2001. Aislee continued his formal education majoring in Business and is scheduled to graduate in fall of 2012 with a BS in Business with a concentration in Small business & Entrepreneurship from the University of Phoenix. Read More→

Doug ShaddixThis month on Monday, March 26 at 6:30 PM, at the Atlanta REIA West Subgroup*, we have an incredible opportunity for you to learn the basics of asset protection from one of the country’s foremost experts on the subject!  We are very proud to host Atlanta’s own Attorney Doug Shaddix, founder of Wealth Preservation Solutions, LLC. which specializes in helping clients avoid probate, minimize their tax burden, and maximize their privacy by utilizing trusts and entities that assist you in your asset protection. Attorney Shaddix will be sharing his knowledge and expertise on this very timely and important subject.  Why is this so important? Here’s why…

If you have significant assets of any type, you are a target for a lawsuit.  You need to know more about legally protecting your assets.  Enjoy greater privacy, limits on your personal liability, as well as tax benefits through the use of entities such as LLC’s, corporations and trusts.

In today’s litigious society, you need only one person unhappy with your business, one injured tenant, one disgruntled individual to ruin all that you have worked for by going to a plaintiff’s lawyer to see how they can get to everything you own.  If you are sued, you could lose your business, its equipment and vehicles, your personal automobiles, your home, your rental properties . . . anything that you own in your own name.

Sounds pretty scary, right?  Read More→

What's Happening at Atlanta REIAWe have another great week of education, networking and fun at Atlanta REIA. Monday is Movers & Shakers with Robert Locke. Tuesday is the Short Sale and Foreclosure Group with Bob Massey as well as the “Fish Club” with Russ Hiner on Negotiations. Thursday is the Cash Cow Commercial Group with Steve Brown and the Haves & Wants Meeting with Joe Thompson. Read More→

Atlanta is Attracting a Growing Number of Foreign Buyers. How Will This Affect Local Investors?

Atlanta is Attracting a Growing Number of Foreign BuyersWe hear about all these foreign buying groups, hedge funds, big investor groups, etc. coming into Atlanta and purchasing big portfolios of properties. What’s the real story? Rumors are flying about large packages being sold off by government agencies. Who is going to purchase them, and who is going to manage them? What are they going to do with them once they purchase them? Will the “small” investor have a chance to participate or will they be locked out?

Robert LockeWe are very pleased to have Robert Locke, Broker Owner of Crown Realty and Management as our Speaker for the Movers & Shakers Meeting on Monday, March 19th at 11:00 AM who will be addressing these topics and more. Robert speaks to these folks on a regular basis and has some interesting insights to share on these trends and more.

Robert got his real estate license in 1973 and has practiced real estate sales, investing, leasing and property management ever since. He and his wife Betty started buying houses in 1978 in Atlanta and have bought over 150 houses for their own account. Robert has also sold over 500 houses to investor clients. Read More→

What's Happening at Atlanta REIAWe have another great week of education, networking and fun… all included in your Atlanta REIA Membership! Monday is not only our Main Atlanta REIA Meeting, but we are also having a “Meeting-Before-The-Meeting” and a “Meeting-After-The-Meeting”! Wednesday is the Spanish Investors Networking Group Meetings in Lawrenceville and the I Love Marketing Meeting in Vinings. Haves & Wants is on Thursday as always! Read More→

How to Negotiate Win-Win Deals

Posted on March 8, 2012 by

How to Negotiate Win-Win DealsMost folks mistakenly think negotiating is a beat-the-other-side-over-the-head-until-they-quit thing.  This couldn’t be further from the truth!  Over the years, we’ve sat down with thousands of buyers, sellers and tenants and successfully negotiated hundreds of Win-Win deals.

What’s a Win-Win deal?  It’s when both parties leave the negotiating table feeling like they ended up in a better place than where they started.  They may not be in the exact place they wanted to be, but they are in a better place!

Here’s a nugget I learned from Pete Fortunato: No one is gonna say yes to a deal that puts them in a worse place than where they started.  Given a choice between a worse place and the same place, folks will take the same place about every time – in other words, no deal! Read More→