Atlanta Real Estate Investors Alliance Blog
Doing Business in Deep Waters!
Posted on June 25, 2012 by“Those who go down to the sea in ships, Who do business on great waters, They see the works of the Lord, And His wonders in the deep. For He commands and raises the stormy wind, Which lifts up the waves of the sea. They mount up to the heavens, They go down again to the depths; Their soul melts because of trouble. They reel to and fro, and stagger like a drunken man, And are at their wits’ end. Then they cry out to the Lord in their trouble, And He brings them out of their distresses. He calms the storm, So that its waves are still. Then they are glad because they are quiet; So He guides them to their desired haven. Oh, that men would give thanks to the Lord for His goodness, And for His wonderful works to the children of men!”
(Psalm 107:23-31)(NKJV)
As you may know, there are two ways of doing business; the safe and tested way doing business in shallow water, or on the other hand, the risky and challenging path of doing business in deep waters. Many business men and women chose the latter path. Often the outcomes of their decisions are difficult and trying. When this happens there is the nagging doubt of whether of not the right choices were made. Well, no matter, the real mission now is to learn how to navigate in deep waters.
Many think the trials and struggles successful men and women experience on their voyage to success are chance, bad choices, regrettable drawbacks, or limitations acquired or even inherited. These factors have an effect on the voyage, but some of these are fundamental challenges that are always going to be there. The passage from the book of Psalms outlines the principles of what a person can expect when their career and life choices push them into unknown territory or causes them to venture into uncharted waters. Read More→
This App Will Save You Money on Your Next Rehab
Posted on June 25, 2012 by“We should not only use the brains we have, but all that we can borrow.”
Thomas Woodrow Wilson
One of the scariest things for new – and even experienced – investors is estimating the cost of repairs on a prospective investment property. If you’re off by even a little, it can cost you thousands in profits. If you’re off by a LOT, well, instead of walking away from the closing with a check for thousands, you might be bringing money to the table.
Finding a reliable contractor is a good first step. (Hint: go to your REIA meetings and network. Ask for recommendations. Interview several.) But the best way to know that you’ve got a good estimate is to become familiar with determining what repairs are needed and how much they cost.
So where do you start? One of the best apps I’ve seen to guide you through this process is the Home Builder Pro Calcs app. (At press time, this app costs $4.99 on the App Store and can be used on the iPhone and iPad.) Read More→
Property Inspections: Move-in, Live-in, Move-out & Move On!
Posted on June 25, 2012 byHow you monitor the condition of the property will influence your relationship with your tenant, how quickly you can turn the property when a tenant moves out, and the over-all income of the property. If you plan on holding a security deposit to be used for damages against a property, you must conduct a comprehensive move-in/move-out inspection.
This article addresses how communication, documentation and setting expectations with your tenants through scheduled inspections will result in a better landlord-tenant relationship, a better maintained property and avoid costly court cases, all of which effect the net income of rental property. Read More→
How Millionaire Investors Find the Best Deals
Posted on June 25, 2012 byEver wondered how millionaire investors find the most profitable deals? Satisfy your curiosity and save yourself time, effort, and loads of cash by consuming these five fundamentals that millionaire marketers use to gain massive wealth & prestige.
1. Don’t get caught up in the “BIG PICTURE”
Stay focused on your marketing. One of the biggest mistakes professionals make is they start to believe that they’re only a doctor or lawyer or mechanic. They forget that their number-one responsibility is marketing. Without marketing, there are no patients to see, clients to advise, or cars to work on. Smart business owners know how to market their product or service and are successful at doing it. You must constantly market your business if you wish to be successful. Constant marketing of your business is how you find the best deals.
To begin marketing you must first identify all the various methods to market in your area, how much they cost, and whether they even work. Learning what methods not only work, but are most cost effective can cost you thousands and even hundreds of thousands of dollars through trial and error. Read More→
Real Estate Investors Know the Real Estate Market is Swelling With Opportunity
Posted on June 25, 2012 byTidal Wave Warning: Real Estate Investors Know the
Real Estate Market is Swelling with Opportunity!
Grab those Real Estate Investment Opportunities and
Get that Cash Flowing!
Cash Flow Real Estate in Your IRA? You Betcha!
The folks on TV talk a lot about the importance of funding your IRA – and they’re always on about investing in stocks, bonds and mutual funds. Some of the more conservative pundits also mention annuities and CDs. But what if you’re not thrilled with the prospects for return in any of these assets?
After all, interest rates are still near record lows all along the length of the yield curve, and bonds may well not even keep up with inflation. Stocks, as an asset class, are limited by a slow outlook for growth – and stock dividends are nowhere near what they were a generation ago. Mutual funds? Well, you can’t get blood out of a stone. Fund returns are limited by the opportunities in the asset classes from which they come.
One option that is less well-known is this: Investing in real estate within your IRA. The tax code doesn’t restrict you to stocks, bonds, annuities and CDs in your IRA or any other retirement fund. In fact, with just a few restrictions on investing in life insurance, jewelry, gemstones, collectibles and certain forms of precious metals, you can take advantage of tax deferral in an IRA to invest in almost anything you can imagine. Read More→
51 Ways to Find Motivated Sellers
Posted on June 24, 2012 byJuly in Tampa, Charleston & Atlanta with Robert Woodruff
If you want to know how real estate investors find the best deals, this is your chance. At this live event in Atlanta, Tampa or Charleston, Robert Woodruff will teach you how to find the absolute best deals on Real Estate Investments. Robert has been investing for over 15 years and has spent hundreds of thousands of dollars testing out different marketing strategies promoted by the best in real estate. After years of trial and error, he has created an event for investors to learn the top 51 ways to find motivated sellers.
Robert is the President of the Charleston Real Estate Investors Association, national speaker and author of “How to Find Killer Deals” and “The Keys to Cash Flow”, member of the National Real Estate Investors Association and the Global Information Network. Robert’s specialty is teaching investors how to find single family houses, commercial buildings, mobile homes, and mobile home parks and acquire these properties with little to no money or credit.
At this one day live event, Robert will show you 51 Ways to find motivated sellers and share with you successful and unsuccessful marketing that he used to build his real estate empire.
You Will learn… Read More→
Tony Pearl
Posted on June 22, 2012 by
Tony Pearl is an entrepreneur, copywriter, proud father, mentor, marketing consultant and talented teacher who resides in the Washington, DC area. He has traveled to over 26 countries, speaks 4 languages, and continues to travel extensively. He has been a professional Ballroom and Latin dance instructor, competitor, and exhibitor for over 19 years. As a Real Estate Investor, Tony has bought and sold over Ten Million dollars worth of real estate, and has been educated by and associates with the best.
Robert Woodruff
Posted on June 22, 2012 byRobert Woodruff has been investing in real estate for over 15 years, is the President of the Charleston SC Real Estate Investors Association (Charleston REIA), and a national speaker, and author of several training programs for investors such as “How to Find Killer Deals” & “The Keys to Cash Flow” and the new “51 Ways to Find Motivated Sellers”. Robert loves to teach people how to make money investing by showing them how to quickly and easily identify opportunities in the real estate and personal property markets. His personal goal in sharing his specialized knowledge is to help individuals retire early via buying, selling, renting and flipping real estate & personal property in a manner that is beneficial “win-win” for all parties involved.
How to Automate Your Business by Capturing Calls 24/7 with Voice Mail & Live Answering Systems
Posted on June 19, 2012 byMost savvy real estate investors and business owners agree that the bulk of their business relies on effective marketing to produce a steady flow of leads. But what happens when you learn to market well and your phone starts ringing at all hours, day or night? What’s next?
The next step is to capture information from those callers so that you can follow-up with them and convert them from “suspects” into real “prospects”. When a potential customer calls, you can have a pre-recorded message that informs them about your business and urges them to leave a brief voice mail message. You can also allow them to press “0” to speak to a live person 24/7 who can capture more useful information rather than just a name, number and brief message.
Eric Shurke, of Voice Nation, will be our special guest speaker at the Atlanta REIA North Meeting on Wednesday, June 20th at 6:30 PM at 1960 Skylar Hill Dr, Suite D, in Buford, GA. Eric will be talking about how successful real estate investors leverage automated voice mail systems and live answering specialists to capture leads 24/7 effortlessly so they can work smarter and not harder to earn more money.
Eric will discuss: Read More→
Eric Shurke
Posted on June 19, 2012 byEric Schurke is the Director of Operations at VoiceNation, LLC, a local Buford, GA company providing toll free and local virtual office solutions and live answering services to thousands of businesses worldwide. During his nine years at VoiceNation, Eric has worked closely with many real estate investors and REIA’s (including Atlanta REIA and Super Smart) to create custom voice mail and live answering solutions to help them operate more efficiently so they can work smarter and not harder.
Where Best To Invest $93,000
Posted on June 18, 2012 by
Many folks who get into real estate investing say they’re doing it for the money. The truth is, no one does anything for the money – NO ONE!
When you’re done scratching your head, think about this: If you give someone $100,000 cash, would that person simply put the money on the table and stare at it for the next 30 years? Of course not! People don’t want money. They want the things money can buy.
Let’s say that today you’re given a big pot of money. What would you do with it? Too many folks (broke folks) would rush out and trade their pot of money for a shiny red thing that honks and drops like a rock in value. They mistakenly think that if they’re seen in a fancy red car, their “friends” will be impressed and think they’re rich. Read More→
Attention Vendors: 2nd Annual Atlanta REIA Vendor Trade Show is July 2, 2012
Posted on June 18, 2012 byDear Atlanta REIA Business Members:
On July 2nd, Atlanta REIA will be celebrating our 2 Year Anniversary with our 2nd Annual Vendor Trade Show. We have rented all 3 ballrooms at the Atlanta Perimeter Hotel & Suites for the event. This event will be similar to the mini trade show we do each month, it will just be BIGGER and we will have a lot more time dedicated to networking with vendors. More details are coming soon.
We are offering vendor tables this week only for $40 for Gold Business Members, $50 for Silver Business Members and $75 for Guests. Next week these prices will go up by $20 or more depending on your membership type. Please reserve a table ASAP to not only get the best rate, but to get listed in all of our forthcoming emails for the event.
