Atlanta Real Estate Investors Alliance Blog
Three Good Ways To Find Pretty House Deals, Part 3 of 3
Posted on May 1, 2013 byMethod Number Three: Call Ads
I know this doesn’t sound appealing but if you’ll do it my way, you’ll probably grow to love it. You see, I don’t want you to call ads, I want you to get someone else to do it for you. Someone who will do it every night because it’s their job and you’re paying them. Here’s how it works. It’s so simple.
Get the Property Information Sheet out of my course or one of my Boot Camp manuals and have someone call all of the Sunday FSBO ads every Monday night between 6-9 p.m. Have them fill out the basic information you need to determine if you want to call the seller back.
Frankly all I need is the asking price, the estimated value, and the loan balance, condition of the property, name, and phone number, address and whether or not it’s listed with a Realtor. With this information, I can prescreen the prospect sheet in 5 seconds and make my decision to follow up or not. I can’t get into prescreening here so if you don’t know how to do this, I’d suggest you fix that before getting real serious about generating leads on houses when you can’t spot a deal when it appears. Read More→
Deal or No Deal?
Posted on May 1, 2013 byI’m excited. I am using new techniques and they are working!
Where do I learn new techniques? Recently I took training because I know that change is one of the key factors of staying ahead of changes in the economy, the market, and life in general. I chose trainings about lease options and 0% owner financing. Each of these gave me a new in my tool in my belt – a tool to help me to make more money.
But understand, for any scenario to work, I MUST know my plan.
I assume that you want what I want: to maximize my profit potential. So, we are interested only in the properties that will help us do this. We must make choices with this in mind.
Here is a scenario to show you concrete ways of deciding… Read More→
A Fast, Easy, and FREE Way to Fill Your Pipeline Full of Deals, Part 2
Posted on May 1, 2013 byIn our last issue, I’d promised to deliver to you a fast, easy, and FREE way of getting a good chunk of motivated Seller Leads, so that you could start filling your pipeline full of deals, in order to avoid the dreaded condition known as “One-Deal-Itis!” Sound familiar? Great! We’re all caught up.
In this issue, you’re going to learn exactly what information you need to compile about each lead you’re going after. Remember, we’re targeting For Sale By Owner leads (aka FSBOs), and we’ve also selected Craigslist.com as a source for those leads.
But let me also point out that there are many other sites you can use to gather a nice list of leads, such as Fsbo.com, ForSaleByOwner.com (yes, they’re separate sites), Owners.com, and others.
You’re also about to get a sweet script to use when calling these FSBO leads.
Ready? Here we go… Read More→
Do You Need Help with QuickBooks Reports?
Posted on May 1, 2013 byIt is the goal of this column to answer questions about QuickBooks and how it is used in the REI arena. Know how to record transactions in the proper way and have your set of books in good shape when it comes time for taxes. It is our intention to do this by you the members submitting questions to Karen@smallbusinessadvisor.biz, and getting answers here in this column.
Q: P&L report does not match with Sales Report – how do I fix this?
A: An apparent discrepancy between P&L and Sales Reports can trace to one or more of several issues, including, but not limited:
- The accounting bases of the reports do not match.
- Sales items point to incorrect sales accounts
- The P&L report includes transactions that do not use items (e.g. The Expense Tab on a bill or a journal entry).
- List or transaction damage in the company data file.
Reserve a Vendor Table for the May 6th Atlanta REIA Main Meeting
Posted on April 29, 2013 byAtlanta REIA Business Members:
Our next Atlanta REIA Main Meeting is on Monday, May 6th at 5PM at the Crowne Plaza Ravinia Hotel located at 4355 Ashford Dunwoody Road in Atlanta, GA. This month, real estate appraiser founder of Investor Comps Online, Mark Jackson will be our main speaker and will be sharing his timely message on “You don’t know what you don’t know” about market analysis and deal evaluation.
We are offering vendor tables this month for $29.95 for Gold Members, $49.95 for Silver Members and $79.95 for Guests if you are one of the 1st 15 Business Members to RSVP. Please reserve a table before they are all taken at this discounted rate. As always, your ongoing support and participation in Atlanta REIA is GREATLY APPRECIATED!
Please RSVP Now so we know you are coming and can start marketing your business to our members ASAP!
Again, we greatly appreciate your participation with our group. I hope to see you at the meeting!
FREE Online Lead Finder Software Version 2.2.3.5 from Duncan Wierman
Posted on April 29, 2013 by
I just wanted to let you know that Duncan Wierman just sent me an updated copy of his Online Lead Finder Software Version. As of today, 4/29/2013 he is up to version 2.2.3.5 since he is always working to improve the software. With this latest update he fixed a major bug with Craigslist and Yahoo Answer Search.
PLEASE NOTE: If you already installed any previous versions of Online Lead Finder, be sure to UNINSTALL it before installing this new version.
If you are an Atlanta REIA Member you can download the software for free by logging in to the Atlanta REIA Members Only Website and then navigating to the Members Only Downloads & Bonuses page where Duncan’s Online Lead Finder Software is listed 2nd in the list of available member downloads.
If you are a Gold Member, there will be instructions in the ReadMe.txt file in the software download telling you how to activate the Unlimited Gold Edition at NO CHARGE ($a $500 value!).
I hope you all enjoy this lead generating software. Duncan, thank you again for this amazing software!
Atlanta REIA Main Meeting on May 6th, 2013 with Mark Jackson on Market Analysis & Deal Evaluation
Posted on April 29, 2013 bywith Mark Jackson on
You Don’t Know What You Don’t Know
About Market Analysis & Deal Evaluation
May 6th at 5PM at the Crowne Plaza Ravinia
Guests Can RSVP Online Now for $15 or Pay $20 at the Door.
Atlanta REIA is excited to announce that real estate appraiser and founder of Investor Comps Online, Mark Jackson, will be our special guest speaker at our Atlanta REIA Main Meeting on Monday, May 6th. In his presentation, Mark will be answering the first two questions EVERY real estate investor should be asking when evaluating a potential deal:
- “How much can I acquire this house for?”
- and more importantly… “How much can I sell it for?”
As an investor, having accurate comparable sales data AND KNOWING WHAT TO DO WITH IT is going to affect nearly EVERY aspect of EVERY single deal you ever do. It’s one thing to have access to comps, but if you don’t know how to use that information, it’s not going to do you any good. So Mark is going to show us how to use this data to analyze potential deals the right way.
Mark will also introduce you to Atlanta REIA’s new “REIAComps.com” evaluation system which provides valuation analysis for most homes in the U.S., as well as ongoing training that will help you become a valuation EXPERT in no time.
Mark will show you how to access the BEST comparable sales date in Atlanta and for ALL the major markets across the country WHEREVER you are, all from REIAComps.com!
So come out an join us on Monday, May 6th at 5PM at the Crown Plaza Ravinia where Mark will be sharing his timely message to help Atlanta REIA’s members, friends and followers discover “what you don’t know about comparable data in your market area” so you can evaluate real estate deals more effectively and maximize your profits while minimizing your losses. Get ready for a game changing evening! We hope to see you there!
with Don DeRosa
Please join us for the “Mobile Real Estate Rockstars Group” (Rockstars) hosted by Don DeRosa at our “Meeting-Before-The-Meeting” on Monday, May 6th at 3:00 PM at Total Wine & More located at 124 Perimeter Center W (see map). The Mobile Real Estate Rockstar Group 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. At 5:00 PM, Total Wine & More will be offering a complimentary wine tasting to all those who attend our meeting and wish to participate. There is NO CHARGE to attend this meeting or the wine tasting for Atlanta REIA Members and guests. Thanks Total Wine & More!
After the conclusion of the Main Meeting, we will be reconvening at the Tilted Kilt Perimeter located at 1155-B Mount Vernon Highway in Atlanta for the “Meeting-After-The-Meeting”. The Tilted Kilt will be offering half price appetizers as well as food and drink specials for our members and guests. Come eat, drink, network and have fun with us as hang out late into the night! Thanks Tilted Kilt Perimeter!
*Please Note: Meeting agenda is subject to change.
Each and every month, for the duration of our meeting, we have a Vendor Trade Show in which you can come out and meet many of our participating business members who help sponsor our meeting. Vendors can Reserve a Table Here. Thanks again sponsors!
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>>
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>>
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>>
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>>
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>>
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>>
Pete’s Friendly Home Inspections, LLC. – Pete’s provides home inspections, radon monitoring, gas/water/septic tests, checks pools/sprinklers and any other type of inspection needed to get you that next home! 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>>
Angel Oak Funding – A direct hard money lender headquartered in Atlanta. We provide renovation/construction loans for investors and or builders to purchase and renovate residential properties. 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>>
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>>
WGC Commercial Lending – A national full service commercial real estate and business financing company. We provide conventional, bridge, SBA, refinancing/cash-out refinancing, credit lines and construction loans. Read More>>
Atlanta Capital Funding – A privately funded hard money residential and commercial lender specializing in unconventional financing where speed and attention to special circumstances are critical. 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>>
Simply Amazing Staging Atlanta – We have a proven record of converting those “For Sale” signs into “Sold” signs. We use 5 proven and time tested steps to sell your home in record time.
- Scott Bowen’s Specialized Services
- Invest Atlanta
- Georgia Home Deals
- Mary Bryant and Associates, Insurance Agency
- American Family, Robin Mitchell Agency
What’s Happening at Atlanta REIA on April 25th, 2013
Posted on April 24, 2013 by
Thursday’s Cash Cows Group will be on why I love mobile home parks. The number #1 reason is because mobile home parks have a very high rate of return… more than just about any other form of real estate. And, you can get seller financing and non-recourse loans on most of them. Come join us on Thursday to learn more about investing in mobile home parks where we will be raffling off Daren Dicke’s ebook on “Find Deals Free” as well as a 9 CD Internet Marketing Training Course by Rank Mogul called “Getting Clients” (a $499 value)!
The Cash Cows Commercial Real Estate Group is an educational, networking and call to action subgroup, led by Steve Brown for new, intermediate and advanced investors with a serious interest in purchasing commercial real estate. The Cash Cows group meets on the 4th Thursday of each month at 11:30 AM, before the Haves & Wants Meeting, at 5 Seasons Brewing located at 5600 Roswell Rd in Sandy Springs, GA at the Prado. If you yearn to learn, come learn to earn!
Hosted by Joe Thompson
Haves and Wants is a weekly investor’s networking, brainstorming and deal making jam session hosted by Joe Thompson and held every Thursday at 5 Seasons Brewing at the Prado from 1:30 PM till approximately 3:00 PM. This group has been meeting for over 6 years and is all about networking, sharing information, doing deals and making money right now. Be sure to bring lots of your business cards and flyers and be prepared to promote your business and/or your haves, wants and deals with our group. If you are a real estate player or want to be, this is one meeting you don’t want to miss!
5 Seasons Brewing is located at 5600 Roswell Rd (map) inside the Perimeter at the “Prado” in Sandy Springs. The all natural, organic food at the 5 Seasons is excellent and the hand-crafted beer is even better! Come out and eat, drink, network and share your deals with us! There is no charge to attend this meeting for Atlanta REIA Members or guests. Please come early and stay late. We would love to have you!
Join Ron & Jay for a Full Day Money Making Workshop on Saturday, April 27th
Posted on April 24, 2013 by& Get Two for the Price of One!
With our next Real Estate Investing Workshop coming up this Saturday, April 27th, I have a very important question to ask you:
Is your Real Estate Business Suffering because of any of these problems?
- Short on cash and can’t do deals?
- Don’t know where or how to get the cash?
- Feel sick because you lost out on a great deal and watched another investor with the money pocket your profits?
- Lack the confidence to raise money?
- Frustrated and feel stuck?
My guess is you might have answered “YES” to at least a few of these questions. How do I know? Because in today’s economy, one of the questions I hear the most often is… “Where do I get the Cash to do my Real Estate Deals?”
When I dig a little deeper and ask them a few questions, what I find is that they really want is for “someone to come along and hand them the money” but what the really need is an “Easy, Step-by-Step Proven System that will enable them to raise all the cash they need to provide the freedom and lifestyle for themselves and their family”… And both are POSSIBLE with the right training!
The good news is, on Saturday, April 27th, my good friend Jay Conner will be teaching a Full Day Money Making Workshop in Atlanta with Ron LeGrand, on “How and Where to Get the Money Now!”
Jay has raised cash in ways I haven’t seen anybody else do, and now he’s going to share the knowledge he’s acquired while creating a 7-Figure annual income in his own Real Estate Business with you! Jay is the best I’ve ever seen at acquiring money to do private loans for his properties. And whether you know it or not, the difference between the rich and the “just getting by” into today’s Real Estate World…is Private Money.
A large part of Jay’s business is based on people putting up the money to make a loan so he can buy a property cheap and take advantage of the bank-owned real estate bonanza that’s going on out there right now. Jay always gets a big check when he buys a property and doesn’t even make monthly payments on his loans!
If you’re remotely interested in transforming your Real Estate Career from a frustrating hobby to a thriving 6-Figure business that churns out thousands of dollars in passive income month after month, this may be the most important Workshop you’ll ever attend. Read More→
This Monday at the Wild Wild West Group – April 22, 2013
Posted on April 22, 2013 byDeal or Dud? PLUS…Guest Speaker LaGaylia Applebee shows you where to easily find FREE money!
Come join us this month as Subgroup Leader Leslie Mathis shares with you how to sift and sort your leads so you’ll know whether to pass or play, balk or buy.
- Real deals and what Leslie did
- Quick and easy ways to prescreen your deals
- Bring your leads to the meeting and we’ll structure deals for you!
Last year LaGaylia Applebee saved her clients an average of 40% on their property tax bills! This month she’ll be showing you how she works her magic.
- Reduce property taxes on your home, rental properties, vacation home
- Simple step-by-step method you can use to reduce property taxes yourself
- Push button services to save you time and money
Led by Cowgirl Leslie Mathis, the WILD WILD WEST Subgroup meets on Monday April 22 at 6:30pm at the Cherokee Cattle Company in Marietta. Just $5 cash at the door, AtlantaREIA Members attend for free. Leslie can reached at 678-895-1460 or LeslieMathisMentor@gmail.com.
How to Help Underwater Georgia Homeowners and Make a Nice Profit at the Same Time
Posted on April 18, 2013 by
In a recent article in the Atlanta Journal-Constitution on Sunday, April 13th by Arielle Kass entitled “More Than 40% of Georgia Homes Underwater”, she quotes…
“In an arc that stretches from Cartersville to McDonough to Winder, dozens of metro Atlanta neighborhoods are drowning. There’s not another metro area in the United States with as many concentrated pockets of mortgage holders who are underwater on their loans. No place else comes close.”
She goes on to say “The biggest losers, of course, are individual homeowners”… “When a home is underwater, it makes the homeowner feel poorer. It means that people are less mobile, less likely to move for new jobs or better schools. When they are unable to move, underwater homeowners stall the rest of the market. That limits the options for people who want to buy their first house, or those who are shopping for a bigger house.” Read the full article here >>
Despite this gloomy news and this serious problem that many Georgia homeowners now face, there is a very practical solution to save these drowning homeowners…
On Saturday, April 27th at 8 AM at the Crowne Plaza Atlanta-Airport located 1325 Virginia Ave in Atlanta, GA, Ron LeGrand will be having a full day workshop with Atlanta REIA and Jay Conner where he will reveal a brand new strategy to help rescue drowning homeowners from these underwater homes.
It’s Hot! It’s New! It’s Very Profitable & Can Make You a Lot of Money Very Quickly By Helping These Underwater Homeowners!
FREE Online Lead Finder Software Version 2.2.3.3 from Duncan Wierman
Posted on April 17, 2013 byI just wanted to let you know that Duncan Wierman just sent me an updated copy of his Online Lead Finder Software Version. As of today, 4/17/2013 he is up to version 2.2.3.3 since he is always working to improve the software.
This is the same software we will be talking about at my upcoming 800 Pound Guerilla Marketing Workshop on Saturday, April 20th in Buford, GA. Get a FREE copy if you attend the event. It is also the same software that Don DeRosa was demonstrating at his recent 2 Day Subject-To Boot Camp showing you how to capture leads on the Internet in seconds.
PLEASE NOTE: If you already installed any previous versions of Online Lead Finder, be sure to UNINSTALL it before installing this new version.
If you are an Atlanta REIA Member you can download the software for free by logging in to the Atlanta REIA Members Only Website and then navigating to the Members Only Downloads & Bonuses page where Duncan’s Online Lead Finder Software is listed 2nd in the list of available member downloads.
If you are a Gold Member, there will be instructions in the ReadMe.txt file in the software download telling you how to activate the Unlimited Gold Edition at NO CHARGE ($a $500 value!).
I hope you all enjoy this lead generating software. Duncan, thank you again for this amazing software!
