Archive for October, 2023
What’s Happening at Atlanta REIA as of October 13, 2023
Posted on October 13, 2023 byAtlanta’s HOTTEST LIVE, In Person
& Online REIA Club! See For Yourself…
Monday, October 16th @ 11:30AM (LIVE in Dunwoody): The Atlanta Landlord Luncheon meets at HOBNOB Neighborhood Tavern located at 1221 Ashford Crossing, Atlanta, GA.
The Atlanta Landlord Luncheon is hosted by Chip Cagle and Chris Littleton of PMI Atlanta and meets on the 3rd Monday of each month for lunch at 11:30AM.
with Don DeRosa
The Beginning Investors Group Online (BIGO) is meets ONLINE ONLY on the 3rd Monday of each month at 7PM on Zoom Webinar. This month, our special guest speaker will be Don DeRosa on “Hard Lessons Learned in Real Estate Investing & How to Avoid Them.
Real estate investing can be very exciting and extremely profitable, but many folks have learned some very hard lessons because they didn’t take the time to understand their deals.
Picture this: someone buys a property without thoroughly checking it out, like skipping a crucial chapter in a book. These mistakes often involve overlooking hidden problems in the property, like leaky roofs or crumbling foundations, under estimating needed work and repair costs. Or not keeping an eye on the ever-changing real estate market and knowing when to buy, sell or hold. These often overlooked details can turn what seemed like a golden opportunity into a financial nightmare overnight.
Now, let’s talk about the solution. At BIG this month on October 16th at 7PM, we aim to be your guiding light through the real estate investment maze. Join us on the webinar and you’ll have the chance to tap into the wealth of knowledge that our good friend and real estate coach, Don DeRosa, brings to the table.
With years of experience under his belt, Don knows the ins and outs of real estate investing better than most. He’ll share insider strategies and tools to help you steer clear of the costly blunders that many have stumbled upon. Whether you are a seasoned investor or a brand new beginning investor, this is a webinar you don’t want miss. RSVP Now!
Imagine your real estate dreams are within reach, and you can avoid the haunting stories of others. The key could be as simple as attending our exclusive webinar with Don DeRosa so you can learn to avoid common mistakes other investors make. This is your chance to arm yourself with valuable insights and knowledge so you can make better informed decisions.
Register Now! to secure your spot and take that crucial step toward a brighter financial future. Say goodbye to those past mistakes and hello to a confident, successful real estate investing journey. Don’t miss out – reserve your spot today!
- For Members: If you’re an Atlanta REIA or Tampa REIA Member, you can attend the webinar at NO CHARGE by Registering on Zoom at http://REIA.us/BIGOZ. Your membership must be current and not expired. If you need to renew, contact Chrissy at 770-379-4501.
- For Non-Members: Guests can 1) Pay the $20 Guest Fee to Attend at http://REIA.us/BIGO and then, 2) Register for the Webinar on Zoom at http://REIA.us/BIGOZ. If you join Atlanta REIA or Tampa REIA, you can avoid paying this cover charge.
Tuesday, October 17th @ NOON: Onsite Renovation Group with Don DeRosa and Chrissy Griffin meets at Jeanette Davis and Georgette Black’s rehab project located at 5232 Audubon Place, Norcross, GA.
Atlanta REIA Members can attend at no charge. Non-Members for $15. RSVP at http://areia.us/on.
The Onsite Renovation Group is being sponsored by our friends at Bay Mountain Capital and New Western.
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Post Your Deals or Find Deals on Our Facebook Groups (Full List). Be sure to join 1) Atlanta Real Estate Investors Network, 2) Georgia Real Estate Investors Network, 3) Atlanta Wholesale Real Estate Deals & 4) Georgia Wholesale Real Estate Deals.
Deal Analysis aka Due Diligence Workshop with Don DeRosa on October 21, 2023
Posted on October 9, 2023 byAKA Due Diligence Workshop
1960 Satellite Blvd, Ste 1500, Duluth, GA
Understanding your numbers is paramount when evaluating real estate investment properties. In today’s market, with high interest rates, this knowledge becomes even more crucial. Let’s delve into why comprehending these numbers is essential and how adopting the right strategy can serve as an effective solution.
In the realm of real estate investing, knowing your numbers isn’t merely advisable; it’s a non-negotiable requirement. As interest rates continue to soar, the financial landscape for real estate investors has evolved significantly. Therefore, having a firm grasp of your financial metrics is like holding a compass in a dense forest – it guides you toward success.
In this climate of rising interest rates, the cost of borrowing capital has escalated. This, in turn, impacts your property’s cash flow and overall profitability. Without a deep understanding of these numbers, investors risk making uninformed decisions that could lead to financial hardship.
However, there is a solution to this challenge. By implementing the right investment strategy, you can navigate these turbulent financial waters successfully. Choosing the correct approach, whether it’s through creative financing, long-term holds, or other tactics, allows you to mitigate the adverse effects of high interest rates. This strategic approach not only safeguards your investments but also positions you to capitalize on opportunities that arise in this dynamic market.
In today’s climate of rising interest rates, knowing your numbers is the bedrock of real estate investment success. By adopting a well-informed strategy, you can not only weather the storm but also thrive in the ever-evolving landscape of real estate investment. Remember, the key to prosperity in real estate is not just owning properties; it’s owning the right properties using the right financial strategies.
At this Due Diligence Workshop with Don DeRosa on Saturday, October 21st, 2023 from 9AM to 5PM, you will Learn:
- How to become a transaction engineer
- How to determine the different types of property values
- Using different property valuation models
- Reliable sources of “comparable” information data
- How to find and run comparables
- How to decide which comparables to use and which to ignore
- How to be a problem solver to create win-win deals for everyone
- How to take a lead and come up with multiple ways to structure the deal
- How to use your computer or mobile device to do your due diligence
- How to use state of the art tools to do all your negotiating for you
- How to overcome all seller objections when buying a house
- How to know the differences with a property’s rental income and it’s value
- Determining how much an investor should pay for a property
- Identifying the target market (buyers) for the property
- How to utilize public and near public information
- How to inspect the property
- How to determine what kinds of repairs are needed based on your exit strategy
- How to estimate the costs of repairs based on your exit strategy
- How to determine if a lead is a deal or no deal
- Checking title and solving title flaws
- Pitfalls to Avoid
- All this, answers to your questions & so much more!
Sign Up Today and make this next year your most profitable ever in real estate investing by knowing how to run your numbers and how to buy right! REGISTER NOW!
Event: Due Diligence Workshop
Dates: October 21st | Time: 9 AM – 5 PM
Location: 1960 Satellite Blvd, Ste 1500, Duluth, GA (Park in behind building)
Register Now: http://areia.us/dd
Atlanta REIA on Tax Liens with Andrew Gurvey & Overcoming Subject-To Objections with Don DeRosa
Posted on October 7, 2023 byAtlanta’s HOTTEST LIVE, In Person
& Online REIA Club! See For Yourself…
& Vendor Trade Show
3125 Presidential Pkwy, Atlanta, GA
with Attorney Andrew Gurvey
Atlanta REIA Members Can Attend for no charge.
Guests Can RSVP Online Now for $20 or Pay $25 at the Door.
Join us at the Atlanta REIA Main Meeting & Vendor Tradeshow on Monday, October 9th from 5:30PM-9PM at the City of Light located at 3125 Presidential Pkwy, Atlanta, GA with this month’s special guest speaker, Attorney Andrew Gurvey on Tax Liens.
When you join us at Atlanta REIa to learn about tax liens, Andrew will teach you several valuable insights and opportunities:
- Real Estate Investment: Tax liens offer a unique investment avenue where you can potentially acquire properties at a lower cost through auctions or sales of properties with delinquent taxes.
- Risk Assessment: You’ll learn to assess the financial risk associated with properties, understanding their tax histories, and evaluating the potential for profit.
- Legal Processes: Understanding tax lien procedures and local laws is crucial. It provides knowledge of the legal framework and helps you navigate the complexities of acquiring properties through tax liens.
- Due Diligence: You’ll learn effective due diligence processes, researching properties, assessing their condition, and estimating the costs involved in rehabilitation or resale.
- Financial Management: Managing tax lien investments requires sound financial management and an understanding of cash flow, budgeting, and financing options.
- Diversification: Tax liens can be a part of a diversified real estate investment strategy, reducing risk and broadening your real estate portfolio.
- Potential for Profit: Successful tax lien investments can yield significant profits, making it a worthwhile area to explore within the real estate market.
Overall, learning about tax liens equips you with the knowledge and skills needed to leverage this unique real estate investment strategy effectively. So RSVP Now and join Andrew at Atlanta REIA and “Learn How Tax Liens and How They Can Supercharge Your Real Estate Investments!”
Atlanta REIA Members Can Attend for no charge.
Guests Can RSVP Online Now for $20 or Pay $25 at the Door.
*Please Note: Meeting agenda is subject to change.
As always, Atlanta REIA Members can attend our Main Meeting event at no charge. Non-Members can attend for $20 by registering in advance at http://areia.us/rsvp/ or pay $25 at the door.
What Alternatives Do We Have When a Seller Says “No” to Our Subject-To Offer?
with Don DeRosa
Join Don DeRosa every month at 5:30PM SHARP at our Meeting-Before-the-Meeting that we like to call the High Tech Home Buying Creative Deal Structuring Subgroup that meets one hour BEFORE the Atlanta REIA Main Monthly Event.
Hey there, fellow real estate enthusiasts! I’m thrilled to invite you to an eye-opening presentation titled, “What Alternatives Do We Have When a Seller Says No to Our Subject-To Offer?” Have you ever become stuck in a negotiation when a seller rejects your subject-to proposal? Well, I have some exciting news for you! Join me, Don DeRosa, for an hour of enlightenment where we’ll explore creative financing options beyond subject-to purchases.
During our time together, we’ll dive deep into a world of creative financing alternatives that will empower us to seal the deal, even when a seller initially turns down our subject-to offers. Let’s unlock the potential of wraparound mortgages, a strategy that offers flexibility and better terms. We’ll also venture into lease options, a powerful way to gain control over properties with minimal upfront investment. Plus, I’ll introduce you to other ingenious financing methods that will expand your real estate toolkit and help us secure profitable transactions.
I don’t want you to miss this golden opportunity to gain a competitive edge in the real estate market alongside me. I will guide you through these innovative financing techniques with real-world success stories. Whether you’re a seasoned investor or just starting your journey in real estate, this presentation is a must-attend event. Come join me on Monday Oct 9th at 5pm and let’s open doors to exciting new possibilities together!
Join us at the Meeting-Before-the-Meeting each month where Don will teach you about different real estate investing purchase and sale strategies to put more money in your pocket as as well as state-of-the-art tools and techniques you’ll use to evaluate deals and figure out how to make them work. You’ll learn to work less and earn more so you can spend more time where you want, when you want and with whom you want.
Atlanta REIA Members Can Attend for no charge.
Guests Can RSVP Online Now for $20 or Pay $25 at the Door.
At 5:00 PM, we have a Vendor Trade Show that lasts throughout the meeting where you can come out and meet many of our participating Business Members and Vendor Guests who help sponsor our meeting.
Vendor tables are limited, so any vendors wanting to reserve a table for the meeting can RSVP for a Vendor Table here. Vendor tables are reserved and setup on a first-come, first-serve basis.
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Post Your Deals or Find Deals on Our Facebook Groups (Full List). Be sure to join 1) Atlanta Real Estate Investors Network, 2) Georgia Real Estate Investors Network, 3) Atlanta Wholesale Real Estate Deals & 4) Georgia Wholesale Real Estate Deals.
