Atlanta Real Estate Investors Alliance Blog
Women Who Behave Never Get Rich!!
Posted on July 30, 2012 byI am often asked by women at events I speak at whether or not I think a woman can make a go of the real estate investing business on their own. My personal answer to this question is always a resounding-YES!
Actually, women have a distinct advantage over men in the real estate investing business. Sorry guys, it’s the truth! You see women are generally much more comfortable working with other women. That’s a given. So this makes the whole process go a lot more smoothly. And Men really like working with Women because it kind of levels the playing field. Women are seen as easier to work with. So Women end up doing really well in the real estate investing business even if they are working on their own.
Men are more comfortable working with a female investor for a lot of reasons. The first and most important is that there is no ego or testosterone coming into play in the negotiation process so generally a man and a woman working together are going to come up with a win-win solution much more quickly and easily than a man working with a man. It’s not like one of the guys “has to win”. Read More→
Tax Identification Numbers and Tax Classifications
Posted on July 30, 2012 byWhen a real estate investor or his attorney is filing for a Limited Liability Company (or any other business entity) with the Georgia Secretary of State’s office, it is pertinent to make sure that he or she acquires a federal Employer Information Number (EIN) from the IRS as well. Federal law requires federal taxpayer identification for income and employment taxation purposes. Furthermore, banks generally require an EIN to open any business account. For these and other reasons, business owners will benefit by applying for their EINs as early as possible in their business entity formation process.
Applying for an EIN can be a relatively simple process, but complications may arise where foreign persons or entities hold ownership interests in a company seeking an EIN. For example, IRS Form SS-4 requires applicants to name a “responsible party.” The responsible party can be held liable for any failure by the business to withhold and pay over income tax withholding or social security taxes. In the case that a business entity that is not publicly traded or registered with the Securities and Exchange Commission, the responsible party may be an individual, or if the owner of the entity being applied for is another disregarded entity for tax purposes, the responsible party can be this parent entity itself. Read More→
Marc Hrisko
Posted on July 30, 2012 by
One of the youngest members ever to be inducted into the Real Estate Hall of Fame, Marc Hrisko has been labeled a “rising star” and one of America’s most dynamic wealth and entrepreneur strategists.
A top speaker for Robert Kiyosaki’s Rich Dad, Poor Dad national seminars and Dean Graziosi’s The Insiders Edge Events, Marc Hrisko’s speeches and wealth-building seminars have been enjoyed by thousands of entrepreneurs in virtually every major city in the United States. In his role as a business coach, Marc has been responsible for helping launch the careers of some of the nation’s top entrepreneurs.
Prior to his professional speaking and executive coaching career, Marc served 10 proud years as a firefighter and medic. Marc’s commitment to public service stems from his family’s military legacy. Marc’s father, a retired Navy Master Chief, is now an employee of Marc Hrisko International. Read More→
Webcast Replay: An Evening with Real Estate Expert Robyn Thompson
Posted on July 27, 2012 by
Robyn Thompson, “The Queen of Rehab” was our special guest on the Evening with a Real Estate Expert Webcast on July 26, 2012. Robyn shared her story on how she got started investing in real estate as a broke waitress back in the 90’s and has since bought, fixed and sold 320+ homes and did as many as 51 houses in a single year.
Robyn talked in detail about how to decide which houses to flip for quick cash versus which houses to keep and hold for long term wealth creation and cash flow. She also talked about making the mental transition from the employee mindset to the 7 figure business owner mindset and well as the 5 important steps that took her from broke to millionaire status in just a few short years.
Robyn also talked about her two upcoming visits to the Atlanta REIA Main Meeting on Augusts 6th and what she will be sharing, as well as the Wealth Blueprint to the Millionaire Mind Workshop on August 18th in Atlanta with Larry Harbolt and all the free bonuses attendees will be receiving. Please watch the replay to learn more. Read More→
Robyn Thompson’s 5th Annual Millionaire Mastermind Convention
Posted on July 27, 2012 by
Robyn Thompson Wants You To Be A Multi Millionaire or At Least Drive Like One!!
Dear Real Estate Investor,
My good friend, Robyn Thompson, wants you to be a multi millionaire or at least drive like one! In fact, she is giving away a brand new 2013 Mercedes Benz at her Fifth Annual Millionaire Mastermind Convention on October 25th – 28th, 2012 in Tampa, FL and you could be the lucky winner for ABSOLUTELY FREE!
This gorgeous state of the art fully loaded car will be a 2013 Jet Black Mercedes C Class. You could be driving home this sweet ride after the event in October 2012!
Let me make myself clear for all of you that are in shock. Yes, Robyn is paying the sticker price for the car plus all the sales tax and fees. Let me remind you, this is not a lease. The winner will own it outright with no payments. All the lucky winner will need to do is to get their own car insurance.
So what’s the catch, you may be asking? Nothing except you must be present at Robyn’s Fifth Annual Millionaire Mastermind Convention at the Hilton Tampa West Shore in Tampa, FL on October 25th- 28th to win. We are announcing this event now, well in advance of the October date, because this event will be sold out long before it happens, especially since Robyn is offering Atlanta REIA Members a limited number of FREE Tickets and VIP Tickets for only $250 each.
As if the car was not enough of an incentive to get you to attend event with many of your fellow Atlanta REIA, Tampa REIA and Savannah REIA members, the education presented at his convention will be top notch. Here is just a partial list of the topics… Read More→
Webcast Replay: Cheap & Easy Ways to Find Motivated Sellers
Posted on July 27, 2012 by
Do you want killer real estate deals? Do you want deals as low as 10 cents on the dollar? If so, be sure to listen to the replay of the Training Opportunity Webcast with did like with real estate expert and President of Charleston REIA, Robert Woodruff, on July 19th where he taught attendees 5 of the Best, Easiest, Cheapest and Safest Ways to market your real estate investing business. Don’t waste your time and money on marketing strategies that don’t work when you can learn how to save thousands of dollars on your advertising costs. After investing more money than most people make a year on advertising, Robert quickly learned the most cost effective approaches to marketing. Listen to the replay to learn how to find the best deals from motivated sellers, in any market, at any time, for mere pennies-on-the-dollar. Read More→
Atlanta REIA Main Meeting on August 6, 2012 with Robyn Thompson
Posted on July 24, 2012 bywith 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, August 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!
with Robyn Thompson on Aug 6th
Guests Can RSVP Online Now for FREE or Pay $20 at the Door
Atlanta REIA is excited to announce that Robyn Thompson, “The Queen of Rehab”, will be our main speaker at our Main Meeting on August 6th at 5:30 PM at the Atlanta Perimeter Hotel & Suites, located at 111 Perimeter Center West in Atlanta, GA. Robyn is the nation’s leading expert on buying properties at deep discounts, renovating them at lightning speed and selling them quickly for huge chunks of cash. She takes her business very serious and it is a fine tuned machine. She has rehabbed over 320 properties in her 15+ years of investing and actually rehabbed 51 houses in single year. Her real estate investing business is a serious cash machine and not a hobby.
When Robyn visited us earlier the year, she talked about how to get started investing in real estate by purchasing foreclosures, REO, estate sales and ugly houses. During her August visit, Robyn is going to pick up where she left off and show our members and guests how to run their real estate investing business like a finely tuned money making machine, and not just a part-time hobby.
On Monday, August 6th and Saturday, August 18th, Robyn will teach you…
- When to buy and flip houses and when to buy and hold
- The evaluate properties and determine your best purchase and exit strategy
- How she purchased and renovated 6 houses her 1st year, 17 her 2nd year and 51 her 3rd and how you can too
- The actions serious business owners focus on daily to increase their revenue without wasting their time on minimum wage activities
- Her detailed step-by-step wealth blue print for developing a millionaire mind and becoming a successful business owner
- How to develop a marketing plan to bring in high profit deals
- Highly effective delegation strategies free up your valuable time and maximize your profits
- Time management skills you need to boost your income potential
- A detailed list of all her employees and contractors and their responsibilities
- How to hire the best employees, contractors and virtual assistants to take the work load off of you
- And much, much more!
Members & Guests Can RSVP for FREE!
Robyn has a very special bonus for the first 50 people who RSVP for our Atlanta REIA Main Meeting on Monday, August 6th… a copy of her new audio course entitled “The Best Properties to Hold vs The Best Properties to Flip” ($99.95 value) which, as the name implies will teach you which properties to flip for fast cash versus which ones to keep for monthly cash flow and long term wealth. Register for the meeting now to reserve your free copy!
“What’s Happening at Atlanta REIA” is a mini-session hosted by Atlanta REIA Executive Director, Dustin Griffin, to update our members and guests on many of the exciting new things that are going on at Atlanta REIA in the upcoming weeks and months such as upcoming workshops, webcasts, special events, members benefits and more!
“There’s an App for That” is a fun new mini-session dedicated to updating you on some of the latest and greatest applications or “apps” for your iPad, iphone or Droid smartphones and tablets for both business and personal use. We want to help you become a high-tech, mobile real estate entreprenuer and this month, Don DeRosa is going to help you do just that!
“Have’s & Wants Speed Marketing” is 30 minute marketing session hosted by Russ Hiner that is held to help facilitate deals by giving our members the opportunity to quickly market things they HAVE and no longer want and to find things they WANT but don’t yet have. Be sure to get to the meeting early and get on the speed marketing list if you want to participate.
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!
*Please Note: Meeting agenda is subject to change.
Each and every month, for the duration of our meeting, we have a Vendor Tradeshow in which you can come out and meet many of our participating business members who help sponsor our meeting. Thanks again sponsors!
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→
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→
Atlanta Private Lending – Atlanta’s premier private real estate lending company. We provide private, hard money loans to professional real estate investors for renovation and investment purposes. 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→
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→
American IRA – The American IRA mission is to provide the highest level of customer service in the self-directed retirement industry. 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→
Goldmine Properties, Inc. – As Atlanta’s first full service real estate wholesaler, Goldmine Properties offers wholesale property at 65% loan to value, with financing available. Purchase price and repairs are 65% of certified after repaired appraisal. Read More→
Paces Funding – A direct hard money lender based in Atlanta. We specialize in quickly closing investor rehab loans. Low hassles lead to quicker profits. 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→
Scott Bowen’s Specialized Services
C. Brown Property Management
Advanta IRA
Allgood Pest Solutions
Homevestors of Atlanta
AquaGuard Foundation Solutions
Rock Shukoor
Also, special thanks to all of our volunteers that help make our meetings and networking events possible!
A Real Estate Investors Magical Marketing Elixir
Posted on July 23, 2012 byI was like any other investor, I did the best with what I knew and when I knew better, I did better. I used to find my properties by searching for them on the internet or hiring a Realtor to scout the local market for good deals. I remember the very first creative financing property I bought was so dirty we had to set up a tent in the master bedroom just to save us from the bugs. The deals I got were normal deals. Somebody would find me a deal, I would fix it, and I would wait for somebody else would sell it. My marketing efforts were not bold by any means, but worked fairly well for some time.
Then I heard about motivated sellers. Apparently, there were loads of people who needed help. These were folks who couldn’t deal with their obligations anymore and would give me their properties for free Or even pay me to take them. He told me that these sellers didn’t care about money anymore. All that all they wanted was for someone to solve their problems. All I needed was television commercials, large scale print advertising, and other expensive forms of marketing to find them.
It sounded too good to be true. Besides, My marketing budget was $0. I certainly couldn’t afford to pay for commercials or billboard advertising. I heard of franchise companies that investors had to pay dearly and spend copious amounts of time buying property. I thought of my quality of life. I knew there had to be a better way. If only I could figure out how… Read More→
What’s Happening at Atlanta REIA – Week of July 23, 2012
Posted on July 23, 2012 by
We have another exciting week of meetings and webcasts for real estate investors this week at Atlanta REIA. Monday is the Atlanta REIA West with guest speaker “Cash Flow” Tom Boyer on how to use a financial calculator. Tuesday is the Note Buyers Group as well as a webcast with Stefan Kasian. Wednesday is the Beginning Investors Group Meeting. Thursday is the Cash Cows Commercial Group, the Haves & Wants Meeting and an Evening with an Expert Webcast with Robyn Thompson. Saturday is a full day workshop with Robert Woodruff on 51 Ways to Find Seller Leads. Read More→
Let The Best Deals Find You
Posted on July 21, 2012 byI’m coming to your city next weekend for 1 Purpose and 1 Purpose Only … to put more money into your bank account by saving you tens-of-thousands in needless marketing costs. When I leave, you will know how to get sellers who’ll crawl over broken glass to sell their homes regardless of your credit or financial situation.
Have You Ever Wondered How Millionaire Investors Find the Best Deals? Well, I have news for you! Contrary to popular belief; Millionaire Investors don’t find deals. The Best Deals find THEM.
Do You Want Killer Deals? …Real Estate for 10 cents on the dollar?
On Saturday, I’m going to teach you; “51 Ways for Motivated Sellers to Find YOU.”
Many investors who are just getting started ask the question, “How are experienced investors finding such profitable deals?” Other investors are doing deals and haven’t spent the copious amounts of capital that it takes to try-out all the various marketing strategies, let alone master which marketing strategies work best.
“Many a small thing has been made large by the right kind of advertising.”
-Mark Twain
Who should focus On Marketing?
- A beginner… Needs to know how to find profitable deals
- An Intermediate… Needs more ways to find profitable deals
- An Experienced Investor… Has to keep up with the NEW strategies.
- … the answer: (All Business Owners)
I’m going to train you; The Best, Easiest, Cheapest, and Safest ways to market your real estate investing business. “Over 51 Ways to Build Your Real Estate Portfolio Now!”
- Best – Get Response Rates so High from Your Marketing that Professional Marketers simply won’t believe you.
- Easiest– A kid can do it. Literally. I’ve used high school & middle school kids to do some of the most profitable strategies.
- Cheapest – Strategies that cost less than a dollar & make your phone ring off the hook.
- Safest– How to Stay Legal with Your Marketing & Make your business invisible to code enforcement.
Learning Marketing didn’t come easy for me. I wasn’t fortunate enough to have someone teach me. I had to learn marketing the old-fashioned way. I used trial and error. Learning which forms of marketing provide massive results and which forms cost thousands with no guarantees is extremely valuable experience & knowledge for real estate investors. Through my ups and downs, I have found truly amazing forms of marketing that easily deliver unimaginable response rates for pennies-on-the-dollar. Read More→
Would You Like To Stop Foreclousre, Settle Your Overleveraged Mortgage and Get a Free and Clear House?
Posted on July 21, 2012 byDear Fellow Real Estate Investor,
Do you know a homeowner who can answer yes to any of these questions:
- You are at risk of losing your home and other properties
- You are running out of money to pay your loans
- Adjustable interest payments increasing soon
- Have sellers calling you facing foreclosure
- Short sales too long and frustrating, not big enough discounts
- Loan Mods not working, still owe too much
- In over your head and want an easy way of the mess
- Facing foreclosure? Want a new way to stop it that actually works?
Look, its not your fault. This economy is the result of a deliberately orchestrated financial time bomb. And you are left holding the bag while the elite “banksters” in their corporate jets and yachts are laughing… well… all the way to the bank.
But there is a secret “Achilles heel” to the bankers. It gets them pale as a ghost. Ever heard of Regulation Z? Well, its just one of the amazing laws that let you beat the banks at their own game.
And we on Tuesday July 24, 2012 at 7:00 PM ET, on a special webcast, we will reveal a “secret source” system that at no upfront cost to you, will scan your mortgage documents for violations that turn the tables on the banks: Read More→
Atlanta REIA West Meeting with Cash Flow Tom Boyer on July 23, 2012
Posted on July 21, 2012 bywith “Cash Flow” Tom Boyer
It’s no secret that there’s no better time in history to buy real estate than right now. Deals are abundant and many sellers are now open to owner financing. And there is certainly no shortage of buyers who want to take advantage of lease purchase and owner finance deals in today’s market conditions. All this sounds very exciting and great opportunity exists for those who know how to work the numbers and structure deals to work in their favor. Are you among the enterprising elite who know how to do this to create win-win situations for all parties involved?
Maybe you’ve wondered how the bank figures out the monthly payment on your mortgages or other loans. Are you just getting started in the real estate game, finding words like amortization and PITI have you a little intimidated and confused? Maybe you’re just now getting back into real estate investing, so some time has passed since you’ve run numbers with your financial calculator. A good overview and quick refresher course would be great to hone your skills as you get back in the game.
Join us at the Atlanta REIA West Monthly Meeting on Monday, July 23rd at 6:30 PM at the Cherokee Cattle Company in Marietta, GA as we bring “Cash Flow” Tom Boyer for an evening of enlightening education and fun as you learn. Cash Flow Tom will be sharing in very simple language and easy to follow steps how to use a financial calculator to figure out the numbers you need to know to be successful in this business.
He’ll run through scenarios and examples of deals and show you how to calculate and run the numbers on them. He’ll take the time to explain the most common financial buzzwords and what they mean for us as investors. He’ll also answer questions you have on these and related topics. You’ll leave this evening feeling confident and equipped to go out and get your piece of this amazing real estate pie! This is surely one evening you won’t want to miss—see you there!
*Attendees are strongly encouraged to bring their financial calculators and pen and paper in order to get the most out of this evening’s presentation. We also invite attendees to bring a note to analyze (NOT a property), so you can see exactly what goes in to figuring the numbers on that note.
Heat of the Summer Admission Special — Members, bring up to 2 guests for FREE! Non-members just $5, and you can bring a guest for FREE! As always, admission is FREE with your Atlanta REIA Membership. See you Monday evening! Read More→
