Atlanta Real Estate Investors Alliance Blog

LaGaylia ApplebyOn June 21, 2012 we did a special Business Opportunity Webcast with Atlanta REIA Business Member, LaGaylia Appleby of Real Estate Works 4 U! LaGaylia and her company works diligently to lower property taxes for both homeowners and real estate investors across the Atlanta Metro Area. She’s got many tips and techniques to share with us on how we can go about lowering our property taxes legally, ethically, and honestly. By working within the laws and guidelines of our government agencies, she’s been able to save her customers thousands of dollars on their annual property taxes.

On the webcast, LaGaylia will cover:

  • Why you should still appeal when your property tax has already been lowered?
  • Appeal Process
  • Appeal Deadlines
  • Property Tax Strategies

Watch the webcast replay and let LaGaylia show you how to lower your property taxes and lock in the lower rates for years! Read More→

Creative Deal Structuring Group (CDS)Are you even familiar with the term “subject to deals”?

Do you know how to do “subject to deals”?

What kind of paperwork is needed to do “subject to deals”?

Are you familiar with the term option?

Do you know how to do options?

What kind of paperwork is needed to do an option?

Would you like to learn how to finance your deals without going to the bank?

Bill CookOn July 11th, real estate expert and leader of North Georgia REIA, Bill Cook, will be our guest speaker at the Creative Deal Structuring Group where he will show you how to put together a creative real estate deal.

Bill is going to be bringing in case studies in order to demonstrate the proper way to put a creative deal together.

Have you ever had a deal that you knew was a deal but you just couldn’t structure it correctly? Attend the Creative Deal Structuring Group on July 11th at 7 PM at the Whitehall Tavern located at 2391 Peachtree Rd NE in Atlanta, GA and learn how to do it!

Bring in your deals and attempt to stump the experts! Bring in a deal you working on right now! Don’t be shy you could get paid in 10 days. If you have ever been stumped on how to put a deal together, this is the opportunity for you.

Get there early… appetizers will be served at 6:30 PM.

Big Bucks in Bankruptcy

Posted on June 27, 2012 by

Are you tired of searching the MLS for REOs and then getting into a bidding war with other investors or having the properties sold before you can even get your offer submitted? “Stupid money” is back in the market. Are you tired of seeing properties going for 20+% over listed price because of multiple offers? Tired of no/low equity deals where you have to wrestle with the bank to do a short sale?  Tired of watching the lender sell the same property at the courthouse steps for less than your short sale offer? If so, you might want to consider other purchase options.

Mathew LettichAtlanta REIA is pleased to announce that Attorney Matthew Lettich will join us at the new Active Investors Group on July 2nd at 3:00 PM at the “meeting-before-the-meeting” to share his insider secrets of investing in bankruptcy properties. We will discuss the different types of bankruptcy as well as the various opportunities and pitfalls.  We will discuss how to locate prospects and create opportunities in this little known area of investing.

Matthew Lettich is a practicing Attorney whose area of practice is primarily involved in bankruptcy representing both debtors and creditors. Mathew is affiliated with John J. McManus & Associates, PC. Their main office is located in Tucker, however Matthew is fairly well known in Gwinnett County since he has spent most of the last three and a half years practicing in the field of bankruptcy in Lawrenceville, where they currently have a satellite office. 

 The Active Investors Group is a new educational and networking group, led by Gordon Catts, that meets once per quarter at 3:00 PM in the private meeting room at Total Wine & More located at 124 Perimeter Center W in Atlanta, GA before the Main Atlanta REIA Meeting. Gordon will be showcasing various, lesser known real estate investing niches so you locate profitable deals that have not been picked over by the hoard of investors entering or re-entering the market.

Total Wine & MoreAt 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.

Matthew Lettich

Posted on June 27, 2012 by

Mathew LettichMatthew Lettich is a practicing Attorney whose area of practice is primarily involved in bankruptcy representing both debtors and creditors. His other specialty is immigration. Matthew is affiliated with John J. McManus & Associates, PC. Their main office is located in Tucker, however Matthew is fairly well known in Gwinnett County since he has spent most of the last three and a half years practicing in the field of bankruptcy in Lawrenceville, where they currently have a satellite office.  His firm has also conducted real estate closings, foreclosure, foreclosure defense, litigation, family law, and other assorted fields in which he’s been involved in various degrees. 

What's Happening at Atlanta REIAWe have another exciting week of meetings and webcasts for real estate investors this week at Atlanta REIA. Monday is Atlanta REIA West with Leslie Mathis. Tuesday is special webcast with Robert Woodruff on “Getting the Power Out of Your Power of Attorney”. Tuesday is also the Note Buyers Group with Tom Boyer. Wednesday is the Beginning Investors Group with Alan McDonald. Thursday is the Cash Cow Commercial Group with Russ Hiner, the Haves & Wants Meeting with Joe Thompson and a Live Webcast with Eric Shurke of VoiceNation on Voice Mail Systems and Live Operators for real estate investors. Read More→

June 26th & July 19th @ 7:00 PM on GoToWebinar.com
Live Webcast: How to Get the POWER
Out of Your Power of Attorney

with Robert Woodruff
On June 26th & July 19th at 7:00 PM ET

Robert WoodruffIf you are serious about your real estate investing success, you need to be sure you are on this live webcast with Robert Woodruff on June 26th and July 19th at 7:00 PM ET.

What Robert is going to show you is a closely guarded secret used by Professional “Seasoned” Real Estate Investors all across the country. “How to Get the Power out of Your Power of Attorney” is a simple, yet brilliant way of tying-up and controlling investment property that Robert is going to share with you.

Register Now!

Using this strategy will save you tens of thousands of dollars each year acquiring property. It doesn’t matter whether the property is a mobile home, a single family home, land, or commercial property. This strategy gives you every right to a property without ever having to purchase the property yourself conventionally.

Robert says “This is the fastest strategy I’ve ever used to tie up and wholesale investment property. You can earn tens of thousands of dollars virtually overnight by using this strategy to wholesale properties to other investors. I’ve used this strategy to easily gain control of properties and acquire them NO MONEY DOWN for years. I’m sharing this strategy with you on the webcast. I know that once you’ve learned the power of this strategy, you will want to learn more powerful ways of acquiring real estate.”

As an Added Bonus for You: Robert will be going over his Motivated Seller Sheet that he provides to screen callers and how this is one of the most important forms in your arsenal of tools for dealing with sellers. He will explain in depth how to use this form and provide a FREE copy to all the listeners on the webcast. Read More→

The Profit July 2012 Edition

Posted on June 25, 2012 by
The Profit for July 2012 is Here!

The Profit - July 2012The 2nd edition of The Profit, the official newsletter of the Atlanta Real Estate Investors Alliance (Atlanta REIA), is out for the month July 2012! Read and enjoy articles from Jim Hitt, Chris Littleton, Don DeRosa, Erven Kimble, Tony Pearl, Mike Vazquez, Bob Massey, Gordon Catts, Russ Hiner, Deborah Harris, Jeff Nix, Craig Halperin, Robert Woodruff, Dustin Griffin and more. Don’t forget, Atlanta REIA Business Members can advertise in The Profit at discounted rates.

The Profit Newsletter

Read More→

Become a Massage Therapist?

Posted on June 25, 2012 by

Employment as a Massage TherapistFirst, let me preface this article by saying that massage therapists are amazingly talented and giving people.  They spend hours leaning over a table, using their hands and their knowledge of muscles to help rejuvenate tired bodies.

With that said, a few weeks ago, Bill and I were cruising down I-85 heading to Florida when a commercial for a Massage Therapy School came on the radio.  The announcer touted the benefits of a career in massage therapy, and when the commercial ended, Bill turned to me and said, “You know, a therapist’s income stops every time a body gets off their table.”

Well that led to a discussion.  If a therapist has a client on their table they are making money to help pay the bills, but what are they doing to create wealth?  What about their retirement?  What happens in their ‘golden’ years?  Are they still leaning over a table when they reach their 50’s? Read More→

Atlanta REIA 2nd Annual Vendor Trade Show & 2 Year Anniversary Celebration
Monday, July 2, 2012@ 5:00 PM
Members are FREE! Guests Can RSVP Online for $10 or $20 at the Door

Attention Atlanta REIA Members, friends, followers and guests,

2nd Annual Atlanta REIA Vendor Trade ShowThe Atlanta Real Estate Investors Alliance is very excited to announce that on Monday, July 2nd at 5:00 PM, we will be having our 2nd Annual Atlanta REIA Vendor Trade Show to celebrate our 2 Year Anniversary. We will be meeting at the Atlanta Perimeter Hotel & Suites located at 111 Perimeter Center West in Dunwoody, GA.

This trade show and celebration is all about YOU, our members, business members, local speakers, trainers and subgroup leaders who have supported us throughout out very successful second year! There will be plenty of opportunities for you to promote yourself, your deals and your business to our other members and guests. In order to draw out a crowd, we are keeping admission free for members and guests can RSVP Online for $10 (or pay $20 at the door) and have a very exciting line up.

THIS MONTH’S GUEST SPEAKERS

Dustin GriffinDustin Griffin will be updating 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, member’s benefits and more!

Joe ThompsonJoe Thompson will be hosting a 60 minute Haves & Wants Speed Marketing Session 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 bring your flyers.

Don DeRosaDon DeRosa is going to show you how to simplify the rehab process by using the iPad and show you exactly what apps he uses to get the best prices and to ensure you don’t get taken advantage of by your contractor. Whether you are wholesaling or holding a property, identifying the rehab cost can be one of the most difficult tasks a new investor can face. Even a small miscalculation could mean the difference between making a profit or doing real estate as a hobby. Don will walk you through a complete inspection so you won’t miss a thing. Don’t miss this exciting display of today’s latest technology.

Bob MasseyBob Massey is going to be talking about how to legally flip PRETTY houses with 25% profit margins by taking advantage of widespread banker fraud throughout the process. He will be covering how the United States financial system is set up and how they take advantage of homeowners. Their shenanigans have opened up an awesome but little known opportunity for investors to help out a huge number of underwater homeowners AND make some serious money. He will be explaining it all and taking your questions.

Robert WoodruffRobert Woodruff, President of the Charleston REIA, retired at 32 years of age with $6,000 dollars in monthly passive income. Robert now spends his time traveling the world with his family, speaking nationally, and filming videos on financial freedom and quality of life. Robert will be sharing his specialized knowledge on low-risk cash flowing investments and how to control property without the need for ownership. Learn how to retire early and control property without ownership with Robert’s specialized knowledge.

Russ HinerRuss Hiner is going to talk about three different marketing methods you can use in order to get high quality leads consistently coming to you. You will then be able to cherry pick the properties to make deals. Join Russ on July 2 and pick up just another couple of tools so that you feel better about where you’re going in today’s real estate market. You’ll receive practical tools that are going to allow you to get much better at marketing and understanding what marketing is all about.

Chris LittletonChris Littleton will be discussing the option of hiring a property manager vs. do-it-yourself property management. He will address common landlord issues, how to stay out of court and take questions from the audience. Chris is a licensed Realtor; his team currently manage 560+ homes in 18 metro Atlanta counties. If you’re buying property to hold – you won’t want to miss this valuable information.

MEETING AGENDA FOR JULY 2, 2012
3:00 pm: Active Investors Group at Total Wine & More
4:00 pm: Vendor & Event Setup
5:00 pm: Doors Open, Trade Show Begins, Networking
6:00 pm: Haves & Wants Speed Marketing Session
7:00 pm: Q & A Sessions with Local REI Experts
9:30 pm: Late Nite Networking at Tilted Kilt Perimeter
Just a Few of the Vendors in Attendance
  • Robert Woodruff Investing
  • Goldmine Properties, Inc.
  • Air Conditioning Experts, Inc.
  • Scott Bowen’s Specialized Services
  • C. Brown Property Management
  • Advanta IRA Administration, LLC
  • Simply Amazing Staging
  • AquaGuard Foundation Solutions
  • Allgood Pest Solutions
  • More to be posted soon!
  • Get Listed Here!
*NEW MEMBER SPECIAL!
Individuals Can Join Atlanta REIA for Only $75 for 1st Year & Add a Partner for $25 More!

You can Join Atanta REIA as a Silver Member on July 2nd only for $75 (Save $25) for your 1st year. You can also add a spouse, partner, significant other or adult child for only $25 extra (Save another $25).

You can Join Atlanta REIA as a Gold Member on July 2nd only for $250 (Save $50) for your 1st year which is good for two people (spouse, partner, significant other or adult child).

Click here for more information on Atlanta REIA Individual & Couples Memberships.

*NEW BUSINESS MEMBER SPECIAL!
Businesses Can Join Atlanta REIA for Only $125 for 1st Year & Add a Partner for $25 More!

If you own a business that caters to real estate investors and other real estate professionals and haven’t joined Atlanta REIA yet, now is your chance to join as a Business Member and save big!

You can Join Atanta REIA as a Silver Business Member now through July 2nd for only $125 (Save $25) for your 1st year. You can also add a partner for only $25 extra (Save another $25).

You can Join Atlanta REIA as a Gold Business Member now through June 2nd for $300 (Save $50) for your 1st year which is good for two business partners.

Click here for more information on Atlanta REIA Business Memberships.

Would you like to be a vendor at our July 2nd Atlanta REIA Meeting & Trade Show? Sign up for a Vendor Table Now! Gold Members can reserve a vendor table for $50, Silver Members for $60 and Non-Members and guests for $85. RSVP Now and join us at our July 2nd Vendor Trade Show and 2 Year Anniversary Celebration!
Register Now!

*This special offer is not eligible for Goodwill Ambassador referral fees.

Monday, July 2nd @ 3:00 PM in Atlanta, GA
The Meeting-Before-The-Meeting
Big Bucks in Bankruptcy
with Attorney Matthew Lettich

Mathew LettichAtlanta REIA is pleased to announce that Attorney Matthew Lettich will join us at the new Active Investors Group on July 2nd at 3:00 PM at the “meeting-before-the-meeting” to share his insider secrets of investing in bankruptcy properties. We will discuss the different types of bankruptcy as well as the various opportunities and pitfalls. We will discuss how to locate prospects and create opportunities in this little known area of investing.

The Active Investors Group is a new educational and networking group, led by Gordon Catts, that meets once per quarter at 3:00 PM in the private meeting room at Total Wine & More located at 124 Perimeter Center W in Atlanta, GA before the Main Atlanta REIA Meeting. Gordon will be showcasing various, lesser known real estate investing niches so you locate profitable deals that have not been picked over by the hoard of investors entering or re-entering the market.

Total Wine & MoreAt 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.

Real Estate Investors establishing multi-member LLCs should always consider how broadly or narrowly to define the rights, duties, and powers of their members and managers based on the structures and needs of their respective companies. A thorough declaration of rights and duties in an LLC operating agreement will reduce the likelihood of future confusion and conflict. Furthermore, it will ensure that the members and managers of the LLC understand and have agreed upon each party’s responsibilities and limitations.

Real estate investment LLCs, especially those that either have a member or members out of state or out of the country, or who do business out of state, have especially strong incentives to structure management provisions with care. Limited liability companies can assign limited management duties or rights, such as signatory authority, to parties, without granting those parties full management authority. These non-member managers can save the company time and travel expenses by acting as local agents of the company in certain capacities. Limited liability companies with more complex management needs must give careful consideration to scopes of management authority; operational efficiency should be achieved without sacrificing an appropriate balance of managerial power. Therefore, real estate investors should always consult an attorney who is experienced in entity formation and business transactions before forming their LLC operating agreements. Read More→

Why Do You Do What You Do?

Posted on June 25, 2012 by

I want to talk to you about the reason you chose to get into real-estate. The “why” we are willing to risk, and spend our resources in real estate as a vehicle to create income for ourselves will make or break the adventure.

I was working in a job and the boss passed me over for a promotion. I decided I would make enough money from real estate to buy the house across the street and on both sides of her house. Then I would rent to the house to social misfits. This would drive down her property value, make her life miserable, and I would have my pound of flesh. What happened was I made enough money on a few real estate deals to buy the house across the street from hers. When I had accumulated that money my goals changed and I bought something which would make more money rather than seeking revenge.

When people go the big seminars of the national speakers they get excited. The speakers stress financial independence, paying off the credit cards, creating a legacy for your children, vacations, and more time with the family. These are all good reasons to become involved in real estate. The truth of the matter is only a few of these items will keep you in the game when luck runs out. There are a few reasons that will keep you passionate about what you do, when the times get hard. I put together a goal to make enough money to have the beautiful women on the infomercials, like Tom Vu. I realized quickly that I had the best friends money could buy. This was not inspiring. Read More→

Goldmine Properties

Mike CherwenkaMike Cherwenka and Goldmine Properties offers step-by-step real estate success through a proven system with a 17 year track record of over 1,700 wholesale deals on the books.  “With our system, we’ve taken all the risk out of the deal for you” says Cherwenka. Goldmine’s streamlined process includes sourcing properties at 65% of the after repair value, inclusive of the purchase price, providing a certified appraisal, financing of purchase and repairs, providing contractor estimates, agent support for selling or property management for buy and hold properties, and much more. See the Goldmine Properties website at www.GoldMineProperties.net for more information and be sure to stop by and visit their vendor booth at the Atlanta REIA Main Meeting.

Lima One Capital

Lima One Capital“Our mission at Lima One Capital, is to become the nation’s largest and most respected lender dedicated to real estate investors and home builders, emphasizing excellence and integrity in every aspect of our business”, says John Warren, founder of Lima One Capital. With offices in Atlanta and Greenville, Lime One is a fully capitalized, direct lender for real estate investors and home builders.  Lima One holds a firm a policy of no hidden fees, no junk fees, quick self-capitalized closings and the most professional customer service in the industry. Read More→