Atlanta Real Estate Investors Alliance Blog
Webcast Replay: The Wealth Building Plan with Robyn Thompson
Posted on October 16, 2012 by
On October 8, 2012, we did another webcast with The Queen of Rehab, Robyn Thompson on her “Wealth Building Plan for Real Estate Investors”. In the past, Robyn has made several appearances at Atlanta REIA and did a few webinars with us on “Fixing and Flipping Properties” (Rehabbing) as well as on “How to Run Your Business Like a Business and Not a Hobby”. But on this webinar, Robyn talked about her long term strategies for accumulating wealth beyond the short term cash she receives from renovating and flipping houses. She also talked about her upcoming 4 day Millionaire Mastermind Convention in Tampa and gave away free tickets. Read More→
What’s Happening at Atlanta REIA – Week of October 15, 2012
Posted on October 15, 2012 by
We have another exciting week of meetings and webcasts for real estate investors at Atlanta REIA. Tuesday (before the Presidential Debate) we have a webcast with Patrick James on “99 Ways to Beat the IRS”. Tuesday evening we also have the Gwinnett County Subgroup. Wednesday is the Atlanta REIA North with Gordon Catts on Courthouse Research. Thursday is the Haves & Wants Meeting with Joe Thompson and an Evening with a Real Estate Expert Mike Warren on Investing in Liens and Judgements. Read More→
Are You and Your Small Business Taxed Enough Already?
Posted on October 15, 2012 byWhen it comes to creating small businesses, some may say “You didn’t build that”, but any small business owner knows the blood, sweat and tears they put into their growing small business with or without the governments assistance or intrusion. Those same bureaucrats say that small business owners and anyone else they label as being “rich” need to “pay their fair share” and that it is “unpatriotic” to do otherwise. The more you and your small business make, the more the bureaucrats in Washington want to take. Well, if you feel you and your small business are taxed enough already, there is good news… as complicated and burdensome as our tax code has become for citizens and businesses alike, there are many legal and ethical ways avoid paying unnecessary taxes that were put into place by these very same bureaucrats.
Join us on Thursday, October 16th at 7PM for a special Business Opportunity Webcast on “99 ways to beat the IRS!” with Patrick James, the President and CEO of Tax Strategies and Solutions, Inc., who has dedicated his entire career to helping people and small businesses create and preserve wealth through knowledge. For over 10 years, Patrick has traveled the country teaching tens of thousands of people how the tax code really works and what they can do to minimize their tax burden by taking advantage of every possible tax deduction in order to minimize tax liabilities and maximize tax deductions.
So why not take advantage of these tax saving strategies, and make the tax code work for you instead of against you? If you would like to learn how to help your family and your small business by avoiding paying unnecessary taxes, this is definitely a webcast you don’t want to miss. Register Now!
To learn more about how Patrick and his business have helped other small business owners, read “Tax This! It’s Your Money, Not the IRS’s!”
Mike Warren
Posted on October 15, 2012 by
Mike Warren is a nationally known author, investor, and instructor specializing in investing in judgments and liens which are secured by real estate. Mr. Warren holds a double MBA in real estate and finance and is CEO of a diversified investment and consulting firm.
Mr. Warren started in the business of collecting judgments and liens many years ago when he was presented with the opportunity to buy a judgment attached to an investment property for $1,000. What resulted would forever change his financial future. He very quickly was able to collect on the judgment making an astounding $7500 profit without the assistance of an attorney! This simple investment opened the doors to a wealth of opportunities.
Mike Warren is a real estate investor who is an expert in the field of judgments & paper investing. Mike is the founder of a website dedicated to teaching wealth principles one student at a time. Mr. Warren has authored several books and has appeared on radio and TV. He speaks to both small and large groups internationally and throughout the United States. Mr. Warren is also co-host of the popular radio show “Millionaire Smackdown”. Read More→
Patrick James
Posted on October 15, 2012 byPatrick James is President and CEO of Tax Strategies and Solutions, Inc., and has dedicated his entire career to helping people create and preserve wealth through knowledge. His business expertise was instrumental in launching U.S.ITAP, a tax reduction program. For over 10 years, Patrick has traveled the country teaching tens of thousands of people how the tax code really works and what they can do to minimize their tax burden by taking advantage of every possible tax deduction in order to minimize tax liabilities and maximize tax deductions. Read More→
Tax This! It’s Your Money, Not the IRS’s!
Posted on October 15, 2012 byTrue Stories from United States Income Tax Audit Protection
Janitorial Business Operator Cleans House
CM was the victim of an IRS audit. While she was busy operating her large janitorial business, she left her books and records to the hands of her trusty accountant. As luck would have it, her “less than competent” accountant had no solid documentation of her business transactions, and the IRS was now claiming she owed more than $2.5 million in back taxes, penalties, and interest.
That’s when CM found US-iTap.
Through a process called an “offer in compromise,” US-iTap was able to convince the IRS and the State of Colorado to drop the $2.5 million in tax liabilities in exchange for $1,000 each.
Needless to say, CM was ecstatic with the results. Not only did US-iTap help her with her tax situation, his guidance led her to a new career. “I am now beginning a successful real estate business as the result of US-iTap help and advice,” comments CM. Read More→
Active Investor Group Meeting for October 2012 with Michael Keefe
Posted on September 29, 2012 byWhen was the last time you got to hear from a real, in the trenches advanced investor? One who is prospering in these challenging times? Join us to hear a 14 year investing veteran shares his Tax Deed Strategies as well as his take on in-town properties. You’ll learn learn how to purchase a deed for pennies on the dollar. Learn to purchase vacant lots at fire sales. Learn to get excellent returns on your investment with no tenants and no toilets.
Michael Keefe will be our speaker for this month’s Active Investor Group on Monday, October 1st at 3:00 PM at Total Wine & More located at 124 Perimeter Center W (see map), where he will be sharing information on the very lucrative investment strategy of purchasing tax deeds. He will discuss how to find, evaluate, and purchase tax deeds and explain how to avoid the common pitfalls in the bidding process . Tax sales are a special real estate investing niche utilized by advanced investors. We are lucky to have Michael share his vast experience in this little understood arena.
Michael Keefe is a specialist in buying tax deeds in Georgia. With 14 years experience in delinquent tax investing real estate business, he has been involved in over 900 tax deed purchases totaling over $26 million. As an active real estate investor, Michael has also purchased REO’s, wholesaled properties, rented, lease purchased, etc. Michael currently manages over 250 properties.
Webcast Replay: An Evening with Real Estate Expert Alan Cowgill
Posted on September 27, 2012 by
on September 20th, 2012, real estate investor, author, national speaker and trainer and private lending expert, Alan Cowgill joined us for a very special Evening with a Real Estate Expert Webcast. On this webcast, we introduced our attendees to Alan, talked about how he got started in the real estate investing business, and talked about how he and his students raise and use private money to buy all of their single-family houses, commercial buildings, apartment complexes or other investment properties regardless of their cash on hand, credit or financial situation.
Alan also talked to us about his upcoming visit to the Atlanta REIA Main Meeting on Monday, October 1st and what he will be sharing, as well as his full day Private Lending Workshop he will be doing on Saturday, October 6th. Please watch the webinar replay and join us at our main meeting and the workshop to learn more about how to raise all the private money you need to fund your real estate deals! Read More→
The Profit October 2012 Edition
Posted on September 25, 2012 by
The October 2012 edition of The Profit, the official newsletter of the Atlanta Real Estate Investors Alliance (Atlanta REIA), is now ready for download in high or low resolution format. Read and enjoy a variety of articles on real estate investing and more from Alan Cowgill, Deborah Harris, Bob Massey, Jeff Nix, Don DeRosa, Larry Harbolt, Russ Hiner, Jim Hitt, Robyn Thompson, Erven Kimble, Michael Vazquez, Tony Pearl and Mike Barnes. And don’t forget, Atlanta REIA Business Members can advertise in The Profit at deeply discounted rates.
Why You Need Private Money
Posted on September 25, 2012 byThe topic of Private Money is near and dear to my heart. When I started my real estate investing career many years ago, I heard about the necessity of finding private lenders. In fact I even found two. But then I stopped. For four years I PROCRASTINATED. I didn’t get it!!! For four years I continued to go to banks and jump through their hoops in order to fund my deals. I also had used hard money lenders, but found them very expensive.
It wasn’t until I quit my J.O.B. and found that banks wouldn’t loan me money that I realized that I needed to bring private lenders back into my life quickly. When I took that step, everything changed for the better.
What are some of the advantages of using private money for your real estate investments? Well, if you haven’t decided whether or not to use private money, I decided to lay it on the line here for everyone to see. Read More→
Uncovering the Secrets of Marketing To Motivated Sellers
Posted on September 25, 2012 bySeveral years ago, I attended my first real estate seminar and decided this was the business for me. I could do it in my own time and at my own pace and still make money. Considering I was still working a full time job at the time, this seemed to be just the scenario I was looking for. One of the things they taught us in those seminars was that finding truly motivated sellers was going to be the cornerstone to this business because without motivated sellers there simply are no deals to be made.
After spending a number of years in sales prior to becoming a real estate entrepreneur, I knew that when the prospect contacts you first, you have a much better chance of making a good deal. At the time I didn’t have a lot of money to work with and needed to make every marketing dollar count.
I discovered the same theory applied to working with motivated sellers. A motivated seller is the key to all good deals, and if they contact you first, this significantly increases your opportunity to make a profitable deal. There are lots of opportunities for those who want to find sellers, and some are more labor intensive and time consuming than others. Learning to influence motivated sellers to contact you first will increase your profits immensely, help you make better deals and most importantly save you valuable time. Read More→
Appreciation is Returning to The Real Estate Market in Atlanta
Posted on September 25, 2012 byAs a veteran real estate agent in the Atlanta Market for over 30 years (Yes, I started in real estate when I was 12), the current market is the darnedest thing I have ever seen. First and foremost, listing inventory is down by 36% from May 2011, sending home values up 2.35% from March 2012 for the first time, and, above the national average of 1.3% according to the Case-Shiller Report of June 2012. These new numbers indicate a firming of the market in a positive direction. Is this a signal that the metro Atlanta real estate market will continue to show signs of improvement for sellers? With an extended period of low inventory since last year, Buyer activity is strong. In 2012, Trendgraphix reports closed sales up 15% compared to 2011. At the same time, the pace of pre-foreclosures (notices of default) and foreclosures has slowed. For the past three months, RealValuator reports that market sales (resales, new homes) have outpaced bank-owned sales.
Recently, mortgage rates have dipped back to historic lows. The Fed has extended “Operation Twist” which is a program intended to keep 30-year rates low. But, mortgage rates are impacted by more factors than just interest rates. There are major legislative issues and other economic factors that could cause mortgage rates to rise. For example, the proposed legislation for QRM (Qualified Residential Mortgages) will require mortgage companies to hold back 5% in capital reserves for every loan. That is expected to be funded by higher mortgage rates. Right now, there is an incredible window of opportunity to buy the home of your dreams and set a future mortgage rate that we will not likely see again in our lifetimes. Read More→
