Atlanta Real Estate Investors Alliance Blog
Learn the Investors Tools You Need to Succeed at the Beginning Investors Group on July 21
Posted on July 16, 2014 byStarted in Real Estate Investing
with Russ Hiner
All Members & Guests Must RSVP Online to Attend
Members Attend for FREE and Guests for $15 Online or Pay $20 at the Door.
Guests can join Atlanta REIA for Only $100/year and Attend for FREE!
If your goal is to become a successful real estate investor, you need a diverse set of tools in your toolbox that will help ensure your success. To learn about the investors tools you need to succeed, be sure to join us on Monday, July 21st at 6:00PM at Hudson Grille located at 6317 Roswell Rd in Sandy Springs with real estate expert Russ Hiner.
Russ Hiner has spent 30 years reaching his goals and becoming an expert. He has worked with Rich Dad and Russ Whitney as a mentor for 13 years. Russ actively plays the real estate game including working every day doing wholesales, buy & fix sells, lease options, rentals, notes and deeds, and loaning private and commercial money. Russ is an absolute expert at making YOU an expert! He also is the leader of Atlanta REIA’s Creative Deal Structuring Group and has an article in Atlanta REIA’s monthly newsletter, “The Profit”.
Russ will be revealing the tools he uses in his real estate investing business as well as his system called P.L.A.N.S. where you will learn:
- P. Property Acquisition
- L. Liquidate The Property
- A. Accelerate Your Business Through Automation
- N. Next Step Using Tools To Help In Your Investing
- S. Success
Russ knows what action to take. He can lead you in the right direction to achieve success in the real estate business. How do you know that Russ can help YOU? Because he has helped others. Russ uses proven methods to help you evolve, change, and build your skill set. He will show you at BIG on July 21st, the essentials you need to advance your investing business. If you want to learn how to get started in real estate investing the right way, join us at Hudson Grille in Sandy Springs at 6PM.
*Please Note: Meeting agenda is subject to change.
WIN A CRUISE: All participants who attend the BIG Meeting can enter into a drawing for a chance to win a *Complimentary 2 Day Cruise to the Bahamas with Caribbean Cruise Line! *You must be present at the meeting to win. The 2 day Cruise does not include port fees, transportation and taxes.
If you become an Atlanta REIA member before 11:59PM, July 20th, you may attend this dynamic meeting for free, plus great discounts on other Atlanta REIA meetings and Workshops.
BIG is an educational and networking special interest group, hosted by Alan McDonald, and Dustin Griffin for new investors who are just getting started in real estate investing as well as “new again” real estate investors who’ve taken a few years off and are looking to start investing again. The entire purpose of this group is to educate and inspire new investors working on their “first deal” and help new again investors get their “next deal”.
Please join us on the 3rd Monday of each month at Hudson Grille located at 6317 Roswell Rd in Sandy Springs.
All About Direct Mail Marketing at AIM on July 14th
Posted on July 13, 2014 bywith Rock Shukoor on July 14th
at Hudson Grille, Sandy Springs, GA
Is Direct Mail Marketing Dead? To find out more and find out the truth about direct mail and why it is not working for many people, join us at the All Inclusive Marketing (AIM) Group on Monday, July 14th at 7:00 PM at the Hudson Grille located at 6317 Roswell Rd in Sandy Springs.
Rock says “In this meeting I will be sharing my experience with Direct Mail and I will show you some examples of what you can do to get a very high response rate. I have had up to 13% response rate from my pre-foreclosure campaigns and some other campaigns I have put together. The market is changing and it is almost a sellers market now. You, as a real estate investor must know how to find deals. In a buyers market that skill is not that important as deals are everywhere. When you are in a sellers market, you must have this skill, otherwise you will always be at the mercy of other investors like myself who can find deals. I will explain the whole process, the small but vital details, bring samples of some of my most successful campaigns, and most of all, how to automate it.”
Rock will teach you…
- What to do to get your mail open
- How to cut trough the clutter
- How to stand out and beat your competition
- How to get up to 13% response rate
- What bonuses to offer
- What to do to make your phone ring after the mail is opened
- What market to choose
- How many pieces of mail to send out per person
- What is the magic number in direct mail
- Where to get the list from
- And much, much more
We will also hanging out after the meeting to socialize and build stronger bond. Come join us!
BONUSES FOR ATTENDING: Rock has some special bonuses for all those who show up early or on time: (1) a digital copy of his book, “Extraordinary Results by Ordinary Investors”, (2) a digital copy of his book, “Go Mobile Now Or Die!” and (3) a 30 point marketing audit of your business ($250 value).
After 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!
The 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.
AIM 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.
*Please Note: AIM Meeting agenda is subject to change.
Onsite Renovation Group Meets on July 15th at Noon
Posted on July 13, 2014 by
This month, on Tuesday, July 15th at NOON, the Onsite group will meet at a project that is in a large house that has been divided into apartments located at 233 Kinsey Court NE, Atlanta, GA 30305 (Units A & C). Craftbuilt has been hired to update two of the apartments. The renovation on Unit A is just getting started this week. Unit C, in the basement, is nearing completion. So join us this week for your chance to see 2 rehabs in different stages of renovations.
The Onsite Renovation Group, led by Aaron McGinnis of Craftbuilt Properties, is an new educational and networking group that focuses on the acquisition, renovation and retail resale (fix and flip) of single family residential homes inside the I-285 perimeter and the in-town neighborhoods. The purpose of this group is to allow both new and experienced rehabbers and investors to meet, network and share knowledge and experience with “hands on” access to real property. The Onsite Renovation Group meets on the 3rd Tuesday of each month at NOON at an active renovation site, build site or rental property which will vary from month to month. There is currently no charge to attend these meeting.
Happy 4th of July!
Posted on July 4, 2014 by
The 4th of July not only marks our Nation’s Independence Day, but it also serves as Atlanta REIA’s 4 year Anniversary. We started Atlanta REIA four years ago to not only celebrate our life, liberty and pursuit of happiness, but also the pursuit our Financial Freedom and Independence with other like-minded investors. So we want to extend a big THANK YOU all those who serve in our military and make our dreams and pursuits possible. We also want to thank all those who have joined us over the past four years to make our organization what it is today. Thank you and God Bless America!
Learn to Grow Your Wealth Tax Free at the Creative Deal Structuring Group on July 2nd
Posted on July 1, 2014 byYour IRA TAX FREE!!
with Jim Hitt
Please Note the New Meeting Location Below
Come join us at Creative Deal Structuring on Wednesday, July 2nd at 6:30PM at 57th Fighter Group Restaurant located at 3829 Clairmont Rd in Chamblee, right beside Peachtree-DeKalb Airport where Jim Hitt, Founder and CEO of American IRA will be showing you many different ways that you can use your IRA to invest and grow your wealth tax free.
A self directed IRA is an investment tool that allows the account owner to make investment decisions on behalf of the retirement plan. A truly self-directed IRA has a range of investment options that is extremely broad and isn’t limited to stocks, bonds or mutual funds. This makes the self-directed IRA a tremendous tool to build your wealth and fortune. You can also use your or other people’s IRA to invest in your real estate deals. This opens up the floodgates of financing, allowing you to accomplish your real estate investing goals.
Jim will be presenting how he built his own IRA with tremendous growth in a short period of time. If you have, or know someone with an IRA, you do not want to miss this event!
You will learn:
- What Options You Have In Your IRA
- How To Explosively Grow Your IRA In A Short Period Of Time
- How To Use IRA’s As A Source Of Private Funds
- What Types Of Retirement Accounts Can Be Self Directed
- And much, much more…
For 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.
Jim is the Chief Executive Officer of American IRA. Allowing their clients to invest in non-traditional assets, such as real estate, partnerships, limited liability companies, private loans and many other investment choices, American IRA teaches you how to use your IRA or 401k plan to earn tax free income.
Door Fees are: Atlanta REIA members $3. Non-Members $5 per person.
Seating is limited! Get there early!
CDS is a group about creative deal structuring and how to apply it in your everyday life and business. If you’re looking to obtain tools, get knowledge, and feel better about structuring real estate transactions for profit, then the Creative Deal Structuring Group is the right group for you. CDS is led by Russ Hiner who is currently focusing on the need for his experience in assisting people who face “the people business” issues everyday to get a resolution and “real life” solutions. Russ is also on of the leading coaches for the Atlanta Homebuyers Society. He is also a sought-after keynote speaker and, trainer of sales and communication skills.
Please join us on the 1st Wednesday of each month at 57th Fighter Group Restaurant located at 3829 Clairmont Rd, in Chamblee, right beside Peachtree-DeKalb Airport
Expert Panel Discussion on the Ever-Changing Atlanta Real Estate Market at Atlanta REIA on July 7, 2014
Posted on July 1, 2014 byUnderstanding the Ever-Changing
Atlanta Real Estate Market
Atlanta REIA Members Can Attend at No Charge. This month,
Guests Can RSVP Online Now for $20 or Pay $25 at the Door.
We are very excited about our next Atlanta REIA Main Meeting is on Monday, July 7th at the Salvation Army Building located at 2090 N Druid Hills Rd NE, Atlanta, GA 30329. This month we will be having our monthly vendor tradeshow as usual, but will also be having a Expert Panel Discussion on “Understanding the Ever-Changing Atlanta Real Estate Market”. Gordon Catts will be moderating a panel of real estate experts consisting of Rhonda Duffy of Duffy Realty, John Holman of HomeVestors, Robert Locke of Crown Management and John Mangham with Starker Services.
The Atlanta Metro Area real estate market has changed dramatically since this time last year. Perhaps you’ve heard there is an “Atlanta Inventory Crisis”.
- Certain areas have gone from a buyer’s market to a seller’s market due to the inventory shortage of available homes for sale at auction or on the MLS.
- Many Realtors are not only struggling to get listings, but also to find suitable properties for their buyers.
- Some area property values have risen close to 2007 levels. Many home owners who have been “under water” may be close to break even in these areas.
- REO Brokers are reporting that banks are not releasing foreclosed inventory. Instead, they are reportedly selling off blocks of pre-foreclosed (“bad paper”) and foreclosed homes to large institutional buyers.
- Shadow inventory is alive and well and some of the foreclosure firms have laid off staff. The number of pre foreclosures is down and yet it is not consistent with delinquencies.
- Out of state and foreign buyers are active in the market and Atlanta is a favorite destination for real estate gurus once again.
To learn more about the changing market conditions, be sure to join us at Atlanta REIA on July 7th to hear a panel of local real estate experts discuss their opinions on the Atlanta Real Estate Market. This is your opportunity to hear from folks you don’t normally get to hear from who truly have valuable first hand insights into the Atlanta Market. So please bring your questions and do not miss your chance to learn what’s hot and what’s not in the Atlanta market.
*Please Note: Meeting agenda is subject to change.
How To Buy Homes at 65%
of Current Value Every Time!
At 4:00 PM in the Green Room, Bob Massey will kick off the Short Sale & Foreclosure Group as the “Meeting-Before-The-Meeting” where he will be covering the latest developments and news in the real estate investing world regarind shorts sales and foreclosures, but that’s not all.
How would you like to know the fool-proof way to buy houses at 65% of current market value?
At this meeting of the Short Sale and Foreclosure subgroup, Bob is going to show you how you can work with virtually any homeowner and buy their home at incredible discounts. We’re not talking about finding some tiny subset of people either! It doesn’t matter which bank their mortgage is with, whether they have equity or are underwater, or if they are current or behind on their payments. The last two people Bob worked with made over $90,000 on their deals!
At 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.
Starting at 6:00 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 6PM for your chance to be one of the first to receive a printed copy of The Profit Newsletter while supplies last.
At approximately 6:15 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.
After the conclusion of the Atlanta REIA Main Meeting, we will be reconvening at the Famous Pub located at 2947 N Druid Hills Road NE in Atlanta, GA (in the Toco Hills Shopping Center) at 9:30 PM for the All New Late Nite Networking and the “Meeting-After-The-Meeting”! The Famous Pub will be extending our members and guests food and beverage specials throughout the evening.
- 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, so bring a friend and head on down to Late Nite Networking! Just be sure you order food and beverages from the pub and tip their wait staff generously.
Networth 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>>
American IRA – The American IRA mission is to provide the highest level of customer service in the self-directed retirement industry.
Read More>>
The 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, 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>>
Advanta 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>>
Craftbuilt, Inc. – We are a Metro Atlanta design-build construction firm specializing in whole-structure renovations, restorations, and new construction. No matter what the situation, we are up to the challenge! Read More>>
Solutions 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>>
Duffy Realty of Atlanta Real Simple. Real Savings. Real Results. Selling or buying a home has never been easier or cost less! Join other Atlanta sellers and buyers experiencing real estate in the 21st century using technology and methodology that produces results. Read More>>
Halperin 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. – 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>>
CRS 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 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 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>>
- ApexTkHomes, LLC
The Profit Newsletter July 2014 Edition
Posted on July 1, 2014 by
The July 2014 Edition of The Profit Newsletter is available for download just in time for our Atlanta REIA Main Meeting on July 7th. 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.
Doing a Subject-to Deal?
Posted on July 1, 2014 byIn last month’s column, we outlined a Subject-to Deal. This month let’s look at this advanced deal-structuring technique in action. (NOTE: You can find last month’s column here on AtlantaREIA.com).
In mid-March, we got a call from an experienced investor. He owned several single-family rental homes. He had received a call from a motivated seller, who, because of a difficult family situation, wanted his house sold in less than a week.
For years, this investor had heard me talk about Subject-to Deals. He thought this technique would be the perfect solution for this seller’s problem, and called to see if I’d help him with the deal.
(Sidebar: A Subject-to Deal is when you buy someone’s property, but instead of paying off their mortgage at closing, the seller leaves his mortgage in place, and you agree to make the seller’s mortgage payments, on the seller’s mortgage, for the seller.)
The first thing we did was meet at the seller’s house to discuss the situation and to look at the property. Read More→
Calling in the Home Pro
Posted on July 1, 2014 by“There are no shortcuts to any place worth going.” ~ Beverly Sills
Poor Cousin Roy. He sure loves a bargain, and he couldn’t wait to show this one off to me. He just bought a property, he said, that would be perfect for a big family. It’s got a sparkling pool! A gourmet kitchen! Four huge bedrooms, and three updated bathrooms!
I was skeptical, because I’ve seen some of Roy’s “bargains” before. But, what the heck, I had some free time, so I was willing to take a look. Maybe I could be helpful.
Well, it turns out the pool wasn’t exactly sparkling, unless you count the sun’s reflection off the black, oily sludge at the bottom. And the bedrooms were huge only if you’re a gerbil. The kitchen had all the extras, all right: a battered old garbage disposal sitting on the floor, a vintage double oven in trendy harvest gold, and – well, who really needs a faucet, anyway? And let’s not talk about the bathrooms. Ever. To anyone.
Now, my readers already know that this is the kind of property I love, because I can make a ton of money on it. But it takes careful due diligence to make sure it’s going to be profitable, and I was pretty sure cousin Roy didn’t even know where to begin. Read More→
What Not to Do When Negotiating – Part 1
Posted on July 1, 2014 byJimmy Napier made the following quote and I truly believe these words are a key to create wealth in today’s real estate market.
Quote: “You Make The Majority of Your Money In Real Estate During Your Negotiations”.
Last month I made reference to what I believe will be the key to success for real estate investors in the event the economy tanks like the economist Harry S. Dent has recently predicted. As you may remember I talked about how every investor needs to learn how to talk to sellers face-to-face and negotiate profitable deals without thinking that all every seller wants is all CASH. Since then I have had much thought about things I have experienced through my career of over 35 years that were what I call “Deal Killers”.
If you want to be a successful real estate investor you need to not make the same mistakes I made when negotiating with sellers. For the first 20 years of my career I had no training of what to say and what not to say, I learned negotiating by just opening my mouth and saying what I thought every seller wanted to hear. I can’t tell you how many deals I screwed up just by saying the wrong things or by not asking the right questions. This article is about some of the things I have said and how those things were deal killers for me. Read More→
Selling Houses Fast
Posted on July 1, 2014 byIn our last several issues we covered the entire process of buying houses step-by-step. Going forward, we’re going to cover the process of selling houses, but they include the same five steps, which are:
- Locating Prospects
- Prescreening Prospects
- Constructing and Presenting Offers
- Follow Up
- Close Quickly
Fortunately today, locating prospects to buy houses from you is almost free, and, in fact, many of the things you do will be free. Here in Jacksonville, where we buy 6-12 houses per month and sell them, mostly to lease option tenant buyers, there’s only a couple of things we do. The main thing is running ads online to attract buyers to call us, and obviously there’s no cost to that. The only other thing we really do is put signs out in front of houses we have ready to sell and pointer signs in several places around the house to drive people to it. Read More→
Practicing Mastery
Posted on July 1, 2014 byDoes this sound like you:
“I have spent thousands of dollars on education…I have spent time researching the properties…I have been in a coaching program…I have spent money on marketing…
So why is it I haven’t done a deal?”
I challenge you to consider this: Could it be fear of taking a risk that is holding you back?
When you make a change in your life to become successful, you take a risk.
You take a risk because things might not turn out the way you think they should. Instead, I choose to think that, yes, they may not turn out the way I imagined, but they might turn out even better.
When I want to make a change, I look forward to it. I do it with mastery: having small wins every day. The small wins give me confidence and a sense of moving forward. The small wins can be that I did three things from my to-do list. Maybe I posted one ad or I answered one phone call or I called a new seller. These small things are mastery: mastery over your time and yourself. Mastery and consistency allow you to win. Read More→
