Archive for January, 2013

Greedy people bring trouble to their families, but the person who can’t be paid to do wrong will live.” (Pr 15:27)(NCV)

 The relentless drive to acquire the elusive “American Dream”, is what fuels many business professionals. To many, in pursuit of the world’s definition of success, means “getting more and more”, “climbing the corporate ladder at all cost”, or perhaps it means “the end justifies the means, no matter what!”  This kind of ill-advised pursuit requires that a person disconnect other areas of life that makes significant demands on their time and attention. One way to separate these distractions is to departmentalize them.

Highly motivated entrepreneur and business professionals often compartmentalize their professional interests from the rest of their personal lives. Many “go-getters” tend to divide their lives into these different compartments and make decisions as if they are not interconnected. For many, their thoughts about church, religion, matters concerning God and the Bible, or even their family, have little or nothing to do with their day-to-day business decisions and activities that are required to be successful. They rationalize that these different compartments neatly and separately co-exist. For instance, one might; Read More→

New Territories

Posted on January 30, 2013 by

With each New Year comes new ventures. More and more often investors have to expand their investment territories in order to stay active. As technology continues to make the world a smaller place many investors are also looking at investing in different states and some in different countries. By doing this the amount of inventory increases dramatically if you make the right contacts. At the same time if you work with investors that are open in investing out of state or in different countries you have the ability to sell more.

With all this said it is not always as easy as it may sound whether you are the buyer or seller. As the buyer you need to make a trip to the new area you are looking to invest in. The reason to do this is obviously to learn the market but secondly to make a few key contacts in the area. The main contacts you need to make are a few wholesalers, real estate agents, contractors, a title company, and property management if you are looking for rentals. Not only will these contacts help you in their area of specialty but they can also be go-to people for a second opinion on any potential deals. In order for this to be a win-win situation you want to use these contacts’ services. For example, if you ask a contractor to verify repair cost on a home you should use him/her for that project. Read More→

Every New Year’s Day, people consider what they want to accomplish in the following year. Well, we are now 30 days into 2013, and I am sure that you have reflected on 2012. What resolutions did you follow to success? What results have you seen from last year’s work?

At the beginning of 2013, I reflected on what I considered success. Like many of you, I realized that I want to improve my monetary, financial, relationship and problem-solving skills because these lead us to success. What is success in 2013? ACHIEVING MORE OF YOUR GOALS.

We all know that success in our business means learning new tricks, tips, and techniques. We must accumulate knowledge and power. We must achieve a superior capacity to think and act effectively through presentations, best practices, and strong strategies. We must have a highly competitive advantage: a platinum value. But how do we strengthen the skills that we MUST have? Read More→

Welcome back!  If you read Part One of this article, you know that we covered the other different types of popular real estate deals that most people do, and the biggest problems with them these days. Then we talked about how advantageous it is to do the new type of deals: Wholesaling Pretty Houses! 

But we still have a few important things to cover, so let’s pick up where we left off…

Once you agree on the deal & terms with the seller, you get all the paperwork signed & closed at either a title company or attorney’s office. No exceptions.  You’ll want that legal backup in case the seller conveniently forgets what they agreed to later.

So now you’ve got a deal under contract & all the paperwork signed.  What now?  Simple.  You get it ‘sold’ as an opportunity to a tenant buyer who: 1. Has a decent chunk of money to put down (typically $5,000+/minimum), and 2. Can afford the existing monthly mortgage payments. Read More→

Bill Ham

Posted on January 30, 2013 by

Bill HamBill Ham has been investing in real estate for 8 years and has created a portfolio of nearly 400 units in Macon, GA. He created his entire real estate investing portfolio using creative and seller financing.

Jon David Huffman

Posted on January 30, 2013 by

Jon David HuffmanJon David Huffman is a litigation attorney specializing in real estate disputes, business disputes and commercial collections. With more than a decade of experience managing small businesses before attending Emory Law School, he brings a business owner’s perspective to the practice of law.

Dear Atlanta REIA Business Members:

Our next Atlanta REIA Main Meeting is on Monday, February 4th at the Crowne Plaza Ravinia Hotel located at 4355 Ashford Dunwoody Road in Atlanta, GA. This month, local real estate expert, Bill Cook will be our main speaker and will be talking about how to make extremely high yields investing only a few thousand dollars in mobile home deals.

We are offering vendor tables this month for $29.95 for Gold Members, $49.95 for Silver Members and $79.95 for Guests if you are one of the 1st 10 Business Members to RSVP. Please reserve a table before they are all taken at this discounted rate. As always, your ongoing support and participation in Atlanta REIA is GREATLY APPRECIATED!

Please RSVP Now so we know you are coming and can start marketing your business to our members ASAP!

Register Now!

Again, we appreciate your participation with our group. I hope to see you at the meeting!

What's Happening at Atlanta REIAMonday is Atlanta REIA West with special guest Joe Thompson who will be speaking on the importance of having well defined goals for 2013. Three will be Late Nite Networking after the Atlanta REIA West Meeting. Thursday is the Haves & Wants Meeting with Joe Thompson at 5 Seasons Brewing in Sandy Springs. Next Monday will be the Atlanta REIA Main Meeting for February with Bill Cook on “How to Earn Mailbox Money!” Come join us! Read More→

Taking the Mystery Out of Money by Lonnie ScruggsFolks,

Lonnie Scruggs, the father of Lonnie Deals, published a new book today: Taking the Mystery Out of Money

You can download it today AND TODAY ONLY for F-R-E-E!

Lonnie is a national treasure and one of the most talented and successful real estate investors in the country. We LOVE this guy!!!

Here’s a link to down load his his book. Again, it’s free for today and today ONLY!

LINK: http://www.amazon.com/Taking-Mystery-Out-Money-ebook/dp/B0036ZAO6Q

Bill Cook

PLEASE NOTE: Bill Cook will be speaking at Atlanta REIA on February 4th about “Lonnie Deals”, so come join us and learn how to make ridiculously high yields on your money buying Lonnie deals!

Joe ThompsonWe’re kicking off 2013 with a bang at the Wild Wild West Group! Saddle up and hold on to your bootstraps, cause believe me, partner, you’re in for a real treat. Join us next Monday, January 28th at 7pm at The Cherokee Cattle Company as we host our special guest speaker, local successful businessman Joe Thompson. Joe is going to talk about New Year’s resolutions and goal setting. Are you gonna be one of the multitudes that throw in the towel, toss another one of your dreams to the wind, or you gonna COWBOY UP and ride that buckin’ bronco to the finish? Are you ridin’ that bull…or just talking some bull? What if you only had to hold on 8 more seconds to win the prize? Could you ride it out…or will you jump off, full of self-doubt, fear, and lack of focus?

Joe holds on and STICKS WITH IT. Yeah, he gets bruised up a bit along the way (all cowboys do!), yet he is walking tall and focused. My daddy always said, if a horse bucks you off, you gotta get right back on. Horses can sense fear a mile away, and so can goals and resolutions. Come learn to lasso yours in and get control of them by “knowin’ where you’re goin’”. It’s a new year, and a new beginning. Joe will show us how we can all set some realistic, easily achievable goals to make 2013 our most successful and profitable year ever. Come learn what SERIOUS goal setting can do for you and your business!

Round up your posse, mosey on over, and we’ll see you there. Doors open at 6:30, program starts at 7pm. And don’t forget Late Nite Networking in the Saloon after the meeting, where you can talk with Joe and network with all the partners. Members attend FREE, and guests are just $5 at the door. Yeeeehaaaaaaa! Remember, you’re either making dust or eating it, so COWBOY UP! Read More→

The Profit January 2013 Edition

Posted on January 1, 2013 by
Download The Profit Newsletter for January 2013 (PDF)
The January 2013 Edition of
The Profit is Ready for Download!

The Profit - January 2013 - High Quality PDFThe January 2013 edition of The Profit Newsletter for Atlanta REIA is now ready for download as a High Quality PDF or Low Res PDF format. In case you didn’t know, The Profit Newsletter is a digitally delivered, interactive newsletter for real estate investors to read and use with your PC, Mac, Smart Phone, iPad or other mobile ready device. Many of the articles and ads in The Profit contain many hyperlinks you can click or tap to visit websites, watch videos, listen to audios, download content, send emails, comment on articles, share socially and much more!

The Profit - January 2013 - High Quality PDFThe Profit is a “new” Newsletter and were just getting warmed up, so be sure to Subscribe to The Profit Here so you don’t miss a single monthly issue. And please be sure to tell your real estate investor friends to subscribe as well. The Profit is for sharing!

This month you can read, interact and enjoy a variety of articles on real estate investing and more from Ron LeGrand, Dustin Griffin, Karen Bershad, Russ Hiner, Chris Littleton, Larry Harbolt, Deborah Harris, Michael Vazquez, Kathy Kennebrook, Kimberlee Frank, Tony Pearl, Don DeRosa, Bob Massey, Jim Hitt, Erven Kimble and Bill Cook. And don’t forget, Atlanta REIA Business Members can advertise in The Profit at deeply discounted rates. Enjoy!

Download The Profit Now!

The Five Critical Steps to Success

Posted on January 1, 2013 by

Ron LeGrandThere’s a lot of ways to make a million bucks, but most involve some kind of business, and that business must have the potential to achieve a high income, or all one has is a low paying job he/she happens to own.  We all have a choice.  So, why not choose a business that can make you rich?

I know a dentist who spent $400,000 on two sandwich shops which his family runs and can barely break even.  There’s no way to sell because there are hundreds on the market and a business making no money isn’t worth much, especially when it has no upside potential.  He’s headed for a $400,000 seminar, but hey, we all take them and look how much smarter he’ll be the next time.

In 1982, I was bankrupt broke, working as a mechanic, 35 years old and clueless.  I got into a heated argument with my wife over a washing machine.  She wanted a new one and I wanted to fix the old one because I didn’t have the $150 to spend.

That night, there was no sleep.  All I could think about was how big of an “a—hole” I was for arguing with a mother of four whom I’d already been married to for 17 years because she wanted to wash clothes for her family.  The next day, I started looking for a way out.  I didn’t want to live like this for the rest of my life.  There had to be something I could do to make a better living.

My way out was real estate.  I started reading books and attended a seminar to get me started.  Greed and hunger took over from there.  Before I knew it I’d bought and sold several hundred houses without using my money or credit, and still do it today, over 2,000 now.

I tripled my income easily the first year, and it continued to climb for years thereafter until I started creating courses on what I know, and selling them in 1987.  Then my income tripled again.

Today, my company continues to market information products to real estate investors and those who want to triple their income on the internet or learn how to start and grow any business.  Since that has become my chosen field and hundreds of thousands have gone through our training, it puts me in a good position to see what people do right and what they do wrong.

One lesson I learned the hard way has become my credo: Read More→