Atlanta Real Estate Investors Alliance Blog

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

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

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

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

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

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

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

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

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

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

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

Are you tired of making offers on houses listed in the MLS only to have the price bid up by other investors and hedge funds? Well, that’s what happens when there is an inventory shortage and everyone is chasing the same leads.  The minute a new listing hits the MLS, there are often multiple offers on the home by the end of the day.

Instead of competing for the same small pool of leads, you need to generate your own leads… leads no one else knows about but you.  You can do this by using many of the same methods and techniques that have been working for years such as…

• Bandit Signs – Putting out we buy houses signs with your phone number and web address in and around the neighborhoods where you want to purchase will get the leads coming in almost instantly. Be sure to be aware of the sign ordinances in your area to avoid fines.
• Flyers – You can distribute we buy houses flyers virtually anywhere to get the leads pouring in almost as soon as you put them out. You can flyer parking lots, neighborhoods and houses for sale. You can also have your flyers distributed with the local paper, on pizza boxes or by the postal service for about 14 cents each. Read More→