Atlanta Real Estate Investors Alliance Blog

Merry Christmas 2014 & Happy Holidays!

Posted on December 24, 2014 by
Merry Christmas & Happy Holidays
from Atlanta REIA

Merry Christmas and Happy New Year!

All of us at Atlanta REIA want to thank you so much for being a part of our organization this year and want to wish you and yours a very Merry Christmas and a Very Happy, Healthy and Wealthy New Year! We look forward to another great year in 2015… More deals, more networking opportunities, more affordable training workshops & boot camps and much more fun! We’ll see you on next year! Thanks again and God Bless!

Mon, Dec 15th at 6:30 PM @ Hudson Grille, Sandy Springs
Atlanta REIA BIG Christmas Party!
Mon, Dec 15th at the Hudson Grille Sandy Springs
with Special Guest Speakers & Sponsors
All Members & Guests MUST RSVP Online to Attend.
*Food & Non-Alcoholic Beverages Included!

Atlanta REIA BIG Christmas PartyAtlanta REIA wants to wish you a very Merry Christmas and Happy Holidays! On Monday, December 15th at 6:30PM, we’re having a very special Atlanta REIA BIG Meeting & Christmas Party at the Hudson Grille located at 6317 Roswell Rd NE in Sandy Springs, GA. Atlanta REIA Gold Members can attend for $10, Silver Members for $15 and Guests for $30. RSVP Now & Save Your Seats!

Register Now

*PLEASE NOTE: Food and non-alcoholic Beverages will be provided for those who register and show up on time. Attendees can also order off the Hudson Grille menu and/or purchase adult beverages at the cash bar at their own expense as if they wish.

We also have a very exciting line up of guest speakers whom all happen to be Atlanta REIA subgroup leaders. We also have ten vendor sponsors who will be in attendance as well. There will be lots of food, fun, networking, education and a cash bar as well. Come and celebrate the Christmas season with your fellow real estate investors and get ready for an exciting New Year full of new opportunities and exciting possibilities. RSVP Now!

Christmas Party 2014 Speakers

Don DeRosa – Apps For Organizing and Planning To Ensure Success In 2015

Russ Hiner – Special Creative Deal Structuring Exercises

Joe Thompson – Taking Advantage of Haves And Wants

Rateb Rock Shukoor – The Real Estate Investors Marketing Mindset for 2015

This Christmas Party will sell out fast, so please RSVP Now to reserve your seats so you can come celebrate the holiday season with us! Again Atlanta REIA Gold Members are $10 per person, Silver Members are $15 and Non Members $30. The small fee is to help cover the food and room rental. RSVP Now and we’ll save you a seat. We hope to see you there!

Register Now

Christmas Party Sponsors & Vendor Speakers

Halperin Lyman, LLCHalperin Lyman, LLC – A transactional real property law firm devoted to providing the full spectrum of non-litigation related real estate legal and consulting services to its clientele.
Read More>>

American IRAAmerican IRA – The American IRA mission is to provide the highest level of customer service in the self-directed retirement industry.
Read More>>

Goldmine Properties, Inc.Goldmine Properties, Inc. – As Atlanta’s first full service real estate wholesaler, we offer wholesale property at 65% loan to value, with financing available. Purchase price and repairs are 65% of certified after repaired appraisal. Read More>>

Solutions Realty NetworkSolutions Realty Network – Providing expert property management and investment services since 2003. You invest and we take care of the rest! We’re the solution to all your real estate needs. Read More>>

Advanta IRA Administration, LLC.Advanta IRA Administration, LLC. – With the help of your local Advanta IRA staff, use your IRA to invest in assets you know, understand and control, such as real estate, notes & mortgages, private placements, and much more! Read More>>

DirectBuy of AtlantaDirectBuy of Atlanta – We are a private members-only buying club that gives you huge buying power by eliminating mark-up and the middleman, saving you thousands of dollars and up to 50% or more over retail and online sales prices. Read More>>

Networth Realty of Atlanta, LLCNetworth Realty of Atlanta, LLC – A licensed, full-service residential wholesale brokerage that specializes in finding quality wholesale properties and making them available to you. Read More>>

Renter UpRenterUp – RenterUp is an online platform that simplifies rental management for busy property managers by helping them collect rent, manage maintenance issues, and manage their rental applications.

Century 21 Results Realty ServiceCentury 21 Results Realty Service (Scott Swanson) – Centruy 21 Results Realty Services is like no other real estate company and that is our promise to clients and customers. Our associates are the experts in the Atlanta area from Buckhead to Lake Lanier.

Comcast XfinityComcast Xfinity (Dylon Ross) – Comcast Xfinity provides the fastest In-Home Wifi, home phone service, and a total home security and control solution that simplifies your life.

See Atlanta REIA Events Calendar for More Events!
Would You Like to Advertise in
The Atlanta REIA Profit Newsletter
For as Little as $495/year?
New Year Special!

Goldmine AdThe Profit Newsletter Advertising Special for 2015: Also, we have a great New Year Special running on One Full Page Ad in The Profit Newsletter for Atlanta REIA Business Members. Gold Members can get One Full Page Ad for One Full Year for Only $495! Silver Members for Only $695! Any of our current advertisers can take advantage of this special as well. We will simply add an additional year to any remaining ads you have with us. If you sign up now, your Ad(s) will run from January 2015 through December 2015.

We are limiting this special to the 1st 10 Vendors who commit, so click here to Sign Up Now for As Little as $495/Year! Offer expires soon!

Register Now!
Wed, Dec 3rd @ 6:00 PM in College Park, GA
Atlanta REIA South Group
Fail To Plan, Plan To Fail
with Special Guest, Joe Thompson
at Club E in College Park

We are pleased to announce that Joe Thompson will be our special guest speaker this month at the Atlanta REIA South Group on Wednesday, December 3rd at 6:00 PM at Club E located at 3707 Main Street in College Park on the topic of Goal Setting.

Would you ever build your own house without a detailed set of plans? Why then would you try to build your business without a great plan? Do you know that only 7% of Americans retire financially secure or wealthy? Their secret? Planning! Would you like to be part of that 7%? Joe Thompson will show you a step-by-step process to shift your strategies and create a 2015 Action Plan that will create massive RESULTS in your business. Take control, get organized and learn proven profit strategies that will guarantee that 2015 will be the best year you have ever had.

What You Will Learn:

  • The first place you should start when it comes to planning
  • The 3 shifts that separate the top 5% of business owners
  • How to implement your goals and plans
  • How to ensure your motivation continues all year long
  • And much, much more!

Joe is going to educate you about the very most important things you can do that will make the difference between your success and failure, literally. The information he is going to give us is so powerful that it doesn’t matter whether or not you spend a gazillion dollars on going to trainings to learn real estate, then give it everything you’ve got–if you miss these key things, you might as well just give it up now! So, do not only plan to be at this event, BE THERE no matter what! Read More→

Wed, December 3rd @ 6:30 PM in Sandy Springs, GA
The Creative Deal Structuring Group
How A Full Time Mom Creates A Part Time Real Estate Goldmine
with Regina Sitterley
At Hudson Grille in Sandy Springs

Regina SitterleyCome join us at Creative Deal Structuring on Wednesday, December 3rd at 6:30PM at Hudson Grille located at 6317 Roswell Rd in Sandy Springs where Regina Sitterley will be presenting how a full-time mother of 3 daughters, with a W-2 job, can succeed in real estate investing using very simple techniques that anyone can learn and implement.

Most of us would consider ourselves busy people. Obligations and responsibilities can seem to take up so much of our day. We all have the same 24 hours though, right? You may have wanted success in real estate investing, but just do not know where that could fit into your busy schedule. Regina is someone who has discovered how to juggle her busy life and make her real estate investing a success. Come join us on Wednesday, December 3rd at 6:30PM at Hudson Grille located at 6317 Roswell Rd in Sandy Springs and let Regina Sitterley show you how she has made her investing a great success. If you haven’t had the success you want in real estate and think you just don’t have enough time, this is one event NOT TO MISS!

You will learn:

  • Do You Have A Deal Or A Dud?
  • What Types Of Offers To Make
  • What Tools Are Available To Manage Your Time?
  • How To Minimize Your Risks
  • And Much, Much More…

Before our main presentation, bring us your deals and let’s see how we can make several creative structures for maximum profit! Led By Russ Hiner.

Regina bought her first investment property right out of college in 2002. She has bought and sold real estate in upstate NY as well as the Atlanta area. In the past 2 years she has wholesaled 20+ deals and is involved with other projects as well. She has three lovely daughters ages 16, 10 and 3, and a day-job as an occupational therapist. Her goal is to continue wholesaling and rehabbing with long term plans to buy and hold. She enjoys teaching other new investors how to be successful with wholesaling

Atlanta REIA Members can attend at No Charge! Non-Members pay $20 per person. Seating is limited! Get there early & network!

*Meeting Agenda
6:30 pm: Networking, Food Ordering & Introductions
7:00 pm: Welcome, Announcements & Upcoming Events
7:15 pm: Creative Deal Structuring Exercises with Russ Hiner
7:45 pm: Main Presentation with Regina Sitterley
9:05 pm: Late Nite Networking

*Please Note: Meeting agenda is subject to change. Read More→

Regina Sitterley

Posted on December 3, 2014 by

Regina SitterleyRegina Sitterley bought her first investment property right out of college in 2002. She has bought and sold real estate in upstate NY as well as the Atlanta area. In the past 2 years she has wholesaled 20+ deals and is involved with other projects as well. She has three lovely daughters: ages 16, 10 and 3, and a day-job as an occupational therapist. Her goal is to continue wholesaling and rehabbing with long term plans to hold. She enjoys teaching other new investors how to be successful with wholesaling.

Thurs, Dec 4th @ 11:30 AM in Sandy Springs, GA
Small Business Group
Do You Have Alternative Financing Options in Place for 2015?
with Special Guest, Eric Barlow
at 5 Seasons Brewing, Sandy Springs, GA

Mr. Eric Barlow of FundSource Financial, LLC will be speaking about Alternative Financing Options for 2015 at the next Small Business Group on Thursday, December 4th at 11:30AM at the 5 Seasons Brewery located at 5600 Roswell Rd in Sandy Springs, GA. Investors will learn how to use Unsecured Credit Lines to explode their business as well as Alternative Residential Investment and Commercial Funding options to conserve the investor capital and allow them to do more deals.

Topics that will be covered:

  • Current Real Estate Investor Financing Options ­ Pros and Cons
    • Traditional Bank
    • Hard Money Lender
  • How to get around current financing hurdles
    • Solutions to Traditional Financing Hurdles
    • Solutions to Hard Money Financing Hurdles
  • How to explode your REI Business in 2015 with Unsecured Credit whether you are….
    • Wholesaling
    • Fixing and Flipping
    • Buying and Holding
  • How to get 0% financing for 12 months without needed to verify Income or Assets.
  • Alternative financing options that most investor don’t know exist.
    • Almost as easy to qualify for as Hard Money
    • With Much Much better rates and Terms
See Atlanta REIA Events Calendar for More Events!
Mon, December 8th @ 7PM – Hudson Grille, Sandy Springs, GA
All Inclusive Marketing (AIM) Group
Relationship Marketing
The Most Powerful Form of All Marketing
with Roger Salam on December 8th
at the Hudson Grille, Sandy Springs, GA
Atlanta REIA Members & Guests Can Attend This Month at No Charge!

Roger SalamThe next monthly meeting of the All Inclusive Marketing (AIM) Group is Monday, December 8th at 7:00 PM at the Hudson Grille located at 6317 Roswell Rd in Sandy Springs. Our special guest speaker this month will be Roger Salam, who is a very active real estate investor, mentor, international motivational speaker and best-selling author. Roger will be teaching us The Art of Relationship Marketing, the most powerful form of all marketing

Roger will teach you:

  • What Is Relationship Marketing & Why This is the Most Powerful Form of Marketing
  • Single Most Important Philosophy for Relationship Marketing
  • 7 Steps to Building Quality Marketing Relationship
  • Joint Venture Marketing Relationship
  • Key To Joint Venturing With Anyone
  • Case Studies: Buying Bulk Properties With No Money, but Through The Power of Relationships
  • All this and much, much more…

We will meet at our usual location at the Hudson Grille at 7 PM and be there until 9:30 PM and then hang out and have our meeting after the meeting until late.

BonusSPECIAL BONUS JUST FOR ATTENDING: Roger will be giving away his “Real Estate Success Secrets” DVD along with the PowerPoint Slides to follow along. Supplies are limited and will be given away on a first come, first serve basis. Arrive to the meeting early and stay late to network with other like-minded investors, vendors and other real estate professionals.

5 Days & 4 Nights in CancunWIN A 4 NIGHT STAY IN CANCUN: All participants who attend the AIM Meeting will entered into a drawing for a chance to win a *Complimentary 5 Day, 4 Night Stay in Cancun! *You must be present at the meeting to win. Giveaway does not include dining, transportation, transfers, taxes, upgrades, etc.

Late Nite Networking After AIM Meeting

Late Nite NetworkingAfter the conclusion of our All Inclusive Marketing Meeting, we will be hanging out a the Hudson Grill for “Late Nite Networking” to socialize and build stronger bond. So come and join us for the AIM Meeting and be prepared to stay late and network and have fun with like minded real estate investors, marketers and other professionals late into the evening!

About the All Inclusive Marketing (AIM) Group

All Inclusive MarketingThe Atlanta REIA All Inclusive Marketing (AIM) Group (formerly known as the “I Love Marketing” group) is a new networking and educational meeting led by Rock Shukoor and Dustin Griffin for like-minded real estate investors and small business owners who enjoy marketing and are interested in taking their business to the next level through creative marketing techniques.

Rock Shukoor & Dustin GriffinAIM is for people who want to want to get together, learn and discuss marketing challenges, strategies and opportunities. Although many of the examples we cover at the meetings will be geared towards real estate investors, the techniques and strategies learned can easily be applied to any business. AIM meets on the 2nd Monday of each month at 7:00 PM at the Hudson Grille located at 6317 Roswell Rd in Sandy Springs.

AIM Meeting Agenda*
7:00 pm: Arrival, Seating, Ordering Food & Networking
7:30 pm: Welcome, Introductions &Announcements
8:00 pm: Main Presentation with Guest Speaker
9:00 pm: Meeting Wrap Up
9:30 pm: Late Nite Networking for Real Estate Investors & Marketers

*Please Note: AIM Meeting agenda is subject to change.

See Atlanta REIA Events Calendar for More Events!
Mon, December 1st at 5:00 PM in Norcross, GA
Atlanta REIA Main Monthly Meeting
& Vendor Trade Show
Dec 1st @ Atlanta Unity, Norcross, GA
The New Paradigm of Real Estate Investing Success
How You Can Double, Triple or Quadruple Your Real Estate Success in 2015 with Roger Salam

“In times of change learners inherit the earth; while the learned find themselves beautifully equipped to deal with a world that no longer exists.” ~ Eric Hoffer

The above quote by Eric Hoffer is a profound one. If you’re not changing with the changing times, you’ll disappear like the dinosaurs of the past. It’s no secret that Real Estate is bouncing back quite strong in many areas of the country and if you’d like to get back into it or if you’re an active Real Estate investor now, we’d like to invite you to find out how the game has changed. Without this knowledge you’ll become Real Estate Dinosaurs.

Roger SalamJoin us at the Atlanta REIA December 1st Meeting at Atlanta Unity located at 3597 Parkway Lane in Norcross, GA with our special guest, Roger Salam, who is a real estate investor, mentor, international speaker & best-selling author. Roger will not only show you how the real estate game has changed, he’ll also give you the new rules of the game. Roger says, “Not only the paradigm of Real Estate investing has shifted, but the entire paradigm on success has changed.” Perhaps you’ve noticed, but don’t know how to adapt and change with the new shift and the new game.

Join us December 1st and Roger will show you:

  • The single most important philosophical change that will make immediate and the biggest difference in your Real Estate investing business
  • 5 New paradigms of success not only in Real Estate investing, but in life
  • How To Make Your First $5k In Two Weeks
  • The Biggest Mistakes New Investors Make That Get Them Sued
  • Automating Techniques That Will Reduce Your Actual Work By 80%
  • How market research before you begin can make or break you in this business
  • How to buy wholesale properties at 50% or below market value (his exclusive list)
  • How to get owner financing for your deals (He’ll owner finance, bad credit, no credit, ok!)
  • All this and much, much more!

December is a very special month and most people are pretty much wrapping up the year and getting ready for the New Year. Roger will also give you some very special tips for making 2015 your best year ever!

Join us for our last meeting of the year. We saved the best for last, but you be the judge. Bring a friend and they’ll thank you!

BonusSPECIAL BONUS JUST FOR ATTENDING: Roger will be giving away his “Real Estate Success Secrets” DVD along with the PowerPoint Slides to follow along. Supplies are limited and will be given away on a first come, first serve basis. Arrive to the meeting early to network with other like-minded investors, vendors and other real estate professionals.

RSVP Now!

Atlanta REIA Members Can Attend at No Charge. This month,
Guests Can RSVP Online Now for $20 or Pay $25 at the Door.

*Meeting Day Agenda
4:30 pm: Mobile Real Estate Rockstar Subgroup with Don DeRosa
5:00 pm: Vendor Trade Show & Networking
6:15 pm: Updates & Announcements
6:30 pm: Haves & Wants Speed Marketing Session
7:00 pm: Networking Break
7:20 pm: Vendor Door Prizes & Giveaways
7:30 pm: Main Presentation with Roger Salam
9:30 pm: Late Nite Networking at Three Dollar Cafe

*Please Note: Meeting agenda is subject to change.

4:30 PM in Meeting Room
The Meeting Before the Meeting
Mobile Real Estate Rockstars Group
with Don DeRosa

Don DeRosaPlease join us for the Mobile Real Estate Rockstar Group (Rockstars) hosted by Don DeRosa at our “Meeting-Before-The-Meeting” on Monday, December 1st at 4:30 PM at Atlanta Unity in the Main Meeting Room.

The Rockstars is an educational and networking group for investors who want to leverage mobile technology to become more competitive, profitable investors. You’ll learn how to use the latest apps, tips and techniques to use the information they need, right now, at their fingertips, from anywhere.

The Pretty House Boot Camp - Part 1: BuyingDon will also be discussing his upcoming “Pretty House Boot Camp – Part 1: Buying Pretty Houses” which takes on December 14th – 16th in Buford, GA which is designed to teach you how to Buy, Sell and Hold Pretty Houses with little or none of your own money. This this event is limited to 30 people and will only be offered once per year. Read More>>

5:00 PM in the Main Lobby
Monthly Vendor Trade Show

Dylon Ross with XfinityAt 5:00 PM in the Main Lobby, 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. See a full list of our vendors and sponsors below as they are added.

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.

6:15 PM in the Main Meeting Room
What’s Happening at Atlanta REIA

Dustin GriffinStarting at 6:15 PM, Dustin Griffin kicks off the Atlanta REIA Main Meeting with updates and announcements. Dustin covers what’s happening at Atlanta REIA in the upcoming weeks and months such as upcoming workshops, webcasts, special events, members benefits and much more! Be sure to be in the main meeting room at 6:15 PM for your chance to be one of the first to receive a printed copy of The Profit Newsletter while supplies last.

6:30 PM in the Main Meeting Room
Haves & Wants Marketing Session

Joe ThompsonAt approximately 6:20 PM, Joe Thompson will be hosting the Haves & Wants Speed Marketing Session which gives our members the opportunity to quickly market deals they HAVE and to find deals they WANT. We also give our business members the opportunity to get up and say a few words about their businesses. Members who want to participate in the Haves & Wants Marketing Session must bring your flyers and get to the meeting early to get on Joe’s list of participants.

9:30 PM @ Three Dollar Cafe, 6050 Peachtree Pkwy, Norcross
Late Nite Networking at Three Dollar Cafe

Three Dollar CafeAfter the conclusion of the Atlanta REIA Main Meeting, we will be reconvening at Three Dollar Cafe located at 6050 Peachtree Pkwy #100 in Norcross, GA at 9:30 PM for the Late Nite Networking and the “Meeting-After-The-Meeting”!

  • Do you love hanging out with other fun loving, like-minded real estate investors who love to talk about real estate investing and doing deals?
  • Do you want to work with fun, energetic people who are consistently doing deals?
  • Are you always looking for new contacts and resources to build your real estate dream team?
  • Do you ever have trouble putting together profitable deals and need help?
  • Are you constantly looking for new leads sources as well as home buyers and sellers?

If you answered “yes” to any of these questions, then you belong at Late Nite Networking! Whether you are brand new to real estate investing or have years of experienced, everyone benefits from Late Nite Networking. Come eat, drink, connect, and have fun with like-minded real estate entrepreneurs as we network late into the night!

There is no charge for Atlanta REIA Members or guests to attend Late Nite Networking at the Three Dollar Cafe, so bring a friend and head on down to Late Nite Networking! Just be sure you order food and beverages from the cafe and please tip their wait staff generously.

Participating Meeting Vendors & Sponsors
Meeting Vendors & Sponsors

American IRAAmerican IRA – The American IRA mission is to provide the highest level of customer service in the self-directed retirement industry.
Read More>>

Networth Realty of Atlanta, LLCNetworth Realty of Atlanta, LLC – A licensed, full-service residential wholesale brokerage that specializes in finding quality wholesale properties and making them available to you. Read More>>

Halperin Lyman, LLCHalperin Lyman, LLC – A transactional real property law firm devoted to providing the full spectrum of non-litigation related real estate legal and consulting services to its clientele. Read More>>

Goldmine Properties, Inc.Goldmine Properties, Inc. – As Atlanta’s first full service real estate wholesaler, we offer wholesale property at 65% loan to value, with financing available. Purchase price and repairs are 65% of certified after repaired appraisal. Read More>>

Advanta IRA AdministrationAdvanta IRA Administration – With the help of your local Advanta IRA staff, use your IRA to invest in assets you know, understand and control, such as real estate, notes & mortgages, private placements, and much more! Read More>>

The Small Business AdvisorThe Small Business Advisor – A full service small business consulting firm specializing in QuickBooks with a wide variety of specialized services, trainings and products for small businesses. Read More>>

Lima One Capital, LLCLima One Capital, LLC – A fully capitalized, direct lender for residential real estate investors and homebuilders. We are fully capitalized and our team prides itself on closing loans quickly for our clients. Read More>>

Island REIA Winter RetreatIsland REIA Winter Retreat – Dave Biddison from Dream Trips will be at the Meeting to tell our members and guests about our first annual Island REIA Winter Retreat that will take place on January 18th – 24th at the Hard Rock Hotel & Casino, an All-Inclusive Resort, in Punta Cana, Dominican Republic. Read More>>

CRS DataCRS Data – We offer comps from the MLS & FSBO’s, custom searches, property tax records, interactive maps, sales & mortgage info, real estate valuations, mailing lists & more. Read More>>

Atlanta Carpet ServicesAtlanta Carpet Services, Inc. – Providing carpet, wood, vinyl, and tile, ACS is dedicated to every aspect of your floor covering needs from initial consultation to the sale and follow-up services. Read More>>

Fuller Center for Housing of Greater AtlantaFuller Center for Housing of Greater Atlanta – A faith-driven, Christ-centered, non-profit organization dedicated to providing adequate shelter for people in need in the Greater Atlanta area. Read More>>

  • RenterUP
  • Air Conditioning Experts, Inc.
  • Scott Swanson, Century 21
  • APEXTKHomes with Tyler Sherman
  • Peachtree City EPIC Group with Chris Littleton
  • Haves & Wants with Joe Thompson
  • Atlanta REIA West Group with Leslie Mathis
See Atlanta REIA Events Calendar for More Events!
Download The Profit Newsletter for December 2014 (PDF)
The December 2014 Edition of
The Profit is Available for Download!

The Profit Newsletter - December 2014The December 2014 Edition of The Profit Newsletter is available for download just in time for our Atlanta REIA Main Meeting on December 1st. The Profit is an digital, interactive newsletter for new and seasoned real estate investors delivered as an Adobe PDF file to read on your PC, Mac, Smart Phone, iPad or other mobile ready devices with a PDF reader. 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 high res version of The Profit is “print ready” for those who want to print the newsletter on their home or business printer. Also, be sure to Subscribe to The Profit Here so you don’t miss a single monthly issue.

Download The Profit Now!
See The Profit Archives for our past editions.

Read More→

Roger SalamI’ll admit it; I’m a bit of a seminar junkie. I go to every seminar I can and I probably should go to the “Seminars Anonymous” meeting too. The truth is, I’ve learned from all of them (even the bad ones). I sit near the back so that I can find an electrical outlet for my laptop and type furious notes as I’m listening. Some larger conferences offer wi-fi (wireless) access so you can browse the Internet when a speaker mentions a specific site. Trouble is you tend to check your email and wander other places online. And then you’re not actively listening. So beware of being too plugged in.

How do you know if the seminar was worth the cost, the hassle of traveling and the time out of the office? If you’re not purposeful, after a week or two, you may not even remember the name of the great speaker let alone what he or she said or what you got out of it. And you really haven’t changed the way you do business or anything. Here are some steps to take to set yourself up for success before you actually fork out your hard earned dollars.

To get the most out of any seminar (or event in general), there are two sets of preparation, pre and post event. US Army lives by the 5 P’s – Prior Preparation Prevents Poor Performance. So, here are a few things you can do prior to jetting out. Read More→

Appreciation?

Posted on November 28, 2014 by

As the real estate market shifts in different areas investors must adapt to the changes in both their buying and selling strategies. Many people, including myself, strongly believe that you make your money when you buy a property at the right price. Recently, due to lack of inventory and/or more competition, investors have begun to buy outside my personal comfort level. I see them beginning to buy/invest based on future appreciation. If the appreciation comes the profits will be great but if not then they remodeled a house for a new owner for pennies or nothing.

Just two years ago I was acquiring single family residential properties for 65% LTV, last year I was still picking up a good amount of investments at 70% LTV and today I am having to go as high as 75% LTV. I understand that some areas are hot and demand is high but going above that seems ridiculous for a flip. Buying at a high LTV to rent I can understand but that is a whole other topic. There are investors who have given criteria that they will buy at 90% LTV. These are seasoned investors that buy, fix, and sell homes regularly. I ran into one of these investors the other day and had the opportunity to ask how he is making a profit buying at 90% LTV. He turned to me and said, “Appreciation!” As soon as he said this I already knew his business model. I myself benefited from the recent appreciation he was referring to on a few deals I joint ventured on this year. Essentially, he is figuring out the average appreciation in the area the property is located in and estimating what this property will be worth when it is renovated. He then runs his numbers based on those future appreciated values. Thus, while I am using current values and purchasing at 75% LTV he is buying based on estimated appreciated values at 75% LTV. This makes his true LTV greater than 75% based on current values and he would out bid my offer. When I benefited from appreciated values I still bought based on the current value. When I listed the property and ran a new CMA I adjusted the list price up to the new values. This increase in value was a bonus and nice to have but I did not base my entire investment on this appreciation. In fact, I could have still listed the property at the original ARV, undersold all the other listings on the market, had a better product, and sold even faster. Read More→