Atlanta Real Estate Investors Alliance Blog
Atlanta REIA Main Meeting on April 2, 2012
Posted on March 29, 2012 bywith John Mangham on 1031 Exchanges
(with FREE WINE TASTING!)
Please join us as we host the “1031 Guy”, John Mangham at our “Meeting-Before-The-Meeting” on April 2nd at 3:00 PM in a private meeting room at Total Wine & More located at 124 Perimeter Center W (see map), just across down the street from where we meet for the Main Atlanta Meeting. John is a CPA and a real estate broker but most importantly he’s been an active investor for over 3 decades. During the past 3 years, John and his partners have bought over 120 houses!
On Monday, John will take us through Essential Elements of a 1031 Exchange transaction and walk through the steps of a successful exchange transaction. In addition, John will help you evaluate what kind of investor you are and provide suggestions to maximize your investing efforts. 1031 topics include: Financial Benefit of an Exchange, Balancing an Exchange, Opportunities with Like Kind Property, Timing in an Exchange, and Your Role in a Successful Exchange. He’ll also share several scenarios to illustrate how to structure your own deals for maximum tax deferral!
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!
Robert Shemin & Other Special Guests
Guests Can RSVP Online for $10 or pay $20 at the Door
Have you ever gone to a class reunion where the “least likely to succeed” showed up in the fanciest car, wearing the most expensive suit, flashing the latest Rolex, and wondered, “How come that idiot’s rich and I’m not?” Bestselling author, wealth expert, and multimillionaire real estate investor, Robert Shemin, became that “Rich Idiot”. Robert is an active investor who has been involved in more than 1,000 deals. He became a millionaire by investing in real estate by the age of 32. He has a law degree and an MBA from Emory University.
On Monday, April 2nd, Robert is going to teach our members and guests how they too can become “Rich Idiots” by turning their thinking upside down, unlearning the things that keep them from making money, and instituting a three-part, wealth building plan based on buying real estate, investing in stocks and bonds, and starting a business. Robert is going to show you what will make you a fortune in today’s market If you really want to make more money in your real estate business than you ever have before, don’t miss this value-packed meeting.
Come hear Robert speak and he will cover:
- What Makes a Successful investor!
- The 7 Best Ways to find a Motivated Seller in Today’s Market.
- How to Analyze Any Deal in 20 Minutes or Less.
- Discover How to Analyze Which is the Best Profit Process for You!
- Learn the 3 Best Ways TO Get Money in Today’s Market.
- How to Locate and obtain Multiple Sources of Money.
- How to Vertically Integrate Your Profits.
As a special bonus gift, Robert has generously agreed to give everyone attending Atlanta REIA’s Main Meeting on Monday, April 2nd a digital copy of his book “The Little Book of Questions” as well as his brand new book entitled “Living the Significant Life: 12 Principles for Making a Difference”. Thanks Robert!!!
Robert will also be teaching a Full-Day “7 Keys to Making a Fortune in Real Estate!” Wealth Training Workshop on Saturday, April 7th. The first 20 people to register for this Wealth Training Workshop will receive a hard copy of his Wall Street Journal Best-Selling book “How Come That Idiot’s Rich and I’m Not?” The next 20 people who register will receive a paperback copy of the same book. The early registration price is $10 for Gold Members, $20 for Silver Members and $30 for guests. This price is good for 2 people. Register now while seats and supplies last! Read More→
Courthouse 101 Workshop with Gordon Catts on April 28, 2012
Posted on March 29, 2012 by
Every month there are over 10,000 Pre-Foreclosure Ads posted in the “Legal Organs” for the 13 Metro Atlanta Counties. The “Shadow Inventory” is estimated to be over two million properties nationwide with Georgia in the top five. Bankruptcies are at record proportions with record breaking filings in the Greater Atlanta region. There are homes in all price ranges sitting vacant. They are not for sale, they are in limbo. The average mortgage delinquency is over 20 months and not expected to get better any time soon. In other words, there are lots of motivated sellers as well as motivated lenders. Learn how to find the hidden jewels that most investors pass by not even knowing that they exist.
At my upcoming Courthouse 101 Workshop on April 28th, 2012 at the Whitehall Tavern located at 2391 Peachtree Rd NE in Atlanta, GA (map), I will teach you the insider secrets of locating property, lenders and other investors, as well as how to research ownership and mortgage information, sale prices, liens and judgments, etc. You’ll also learn how to:
- Find property owners of vacant properties
- Locate legal descriptions of properties
- Find out sales prices before making an offer
- Find out about Private Lenders
- See what liens and judgments are outstanding against
- Properties before making an offer
- Find out what else the seller/buyer owns
- How to find property owners with problems (situations)
- Pre-foreclosure leads
- Foreclosures
- Delinquent property taxes
- Bankruptcy situations
- How to find a continuing source of active real estate
- Investors
- How to locate a source of cash buyers
- Learn which lenders have REO’s
Peter Fortunato
Posted on March 29, 2012 by
Peter Fortunato is from Boston and now lives in Tampa, Florida. He’s been investing in real estate since 1964 and is known for having one of the most creative deal structuring minds in the business. Peter, through his courses and advice, has helped thousands of investors reach their full investing potential.
Peter is a libertarian and a capitalist. He believes that transactions which you can be proud of result from carefully conceived goals and plans followed by purposeful actions and scrupulous documentation.
Upon graduating from high school in 1965, Peter went right into the real estate business. His motivation was his desire to be self-employed. Pete says “Everyone who knew me believed that I was unemployable. They were right. I still am!” Read More→
The 8 Benefits of a Real Estate Transaction
Posted on March 27, 2012 by
One of the best real estate investing teachers in the country is Pete Fortunato. What makes him so special? Pete knows how to creatively structure deals in ways that make impossible deals possible.
Before Pete became one of our primary teachers in 1999, Kim and I did all of our deals the same old way. We’d find a house, apply for a mortgage, close with an attorney and then either sell or rent the property. Bottom line: If we couldn’t get a mortgage, we couldn’t do the deal. We felt like we were buying a Model T Ford from Henry Ford. Mr. Ford used to tell his customers, “The Model T comes in whatever color you want – as long as you want black.”
One of our biggest real estate investing ah-hah moments happened at our first Pete seminar. He flashed a diagram of a house up on the screen. The thing making this house different was that each room represented one of the eight transactional benefits of a real estate investing deal. The eight benefits are: Growth, Income, Amortization, Profits, Management, Security, Tax Benefits and Use. Read More→
John Mangham
Posted on March 27, 2012 byJohn Mangham, aka “1031 Guy”, is a CPA and a real estate broker but most importantly, he’s been an active investor for over 3 decades. During the past 3 years, John and his partners have bought over 120 houses! He is the Southeast Regional Manager of Starker Services, the oldest and largest independent 1031 exchange company. Collectively saving clients over 100 million dollars of capital gains taxes since 1988, they help to keep tax dollars at work in your local real estate! John will help you evaluate what kind of investor you are and provide suggestions to maximize your investing efforts.
Are You Burnt Out On Short Sales and Foreclosures?
Posted on March 27, 2012 by
We’ve been hearing more and more from our members and guests that they are burnt out on foreclosures and short sales due to all the time and frustration it takes dealing with the banks. If you’re a little tired of Short Sales… You NEED to be on the special training webcast we’re having TONIGHT, Tuesday, March 27th at 7PM ET with Atlanta REIA sub-group Leader and expert investor Bob Massey.
It’s the What’s Hot in Real Estate Investing Webcast and Bob is going to tell us about some HOT, NEW, SHORT SALE ALTERNATIVES!
Bob has discovered an incredible strategy for getting pretty houses (no more spending months rehabbing junkers or flipping them for $5k profits), at 65% of current market value. All this with NO SHORT SALE, no foreclosure, no deficiency, no deed-in-lieu, etc. Wow, this does sound HOT!
Bob says “This strategy gives us the biggest opportunity I have ever seen in Real Estate Investment. Not only do we have a chance to make HUGE profits, we also finally have a way to help underwater homeowners fight back against the banks. You’re going to get an education that will drive you crazy after you hear what the banks have been doing.” Join us on the webcast to learn more!
What’s Happening at Atlanta REIA – Week of March 26, 2012
Posted on March 26, 2012 by
We have another great week of education, networking and fun at Atlanta REIA. Monday is Atlanta REIA West with Attorney Doug Shaddix on Land Trusts. Tuesday is a special Webcast on “No More Short Sales?!?” with Bob Massey. Wednesday is the Beginning Investors Group with Russ Hiner on Wholesaling for Huge Profits. Thursday is Haves & Wants and Part 2 of the Investing in Your IRA Webcast with Jim Hitt. Saturday is the Real Estate 101 Workshop with Gordon Catts. Read More→
Robert Shemin Speaking at Atlanta REIA Meeting on April 2, 2012
Posted on March 23, 2012 byJUST ANNOUNCED: You may recall that Robert Shemin dropped by one of our Atlanta REIA Meetings last fall while he was in town. The good news is that Robert is coming back to our Atlanta REIA Main Meeting on April 2nd as our main guest speaker for the month! For those of you who don’t know Robert, he is a best selling author of 16 books, a wealth expert, and a multimillionaire real estate expert. Robert will also be back in Atlanta on April 7th for a full day workshop with Atlanta REIA. More details will be posted soon!
Landlording Math: Tenants + Pitbulls = Eviction
Posted on March 23, 2012 by
I advise landlords to regularly inspect their rental properties – both inside and out. This will help keep little problems from becoming big problems. Another good piece of advice is to know the neighbors around your rentals and make sure those neighbors have your phone number.
A few weeks back, I inspected a property we manage in Canton, Georgia. The tenants had lived there for about five months. They kept the home spotless, paid on time and were comfortable to work with.
While we allow pets, these folks didn’t have any…or so they told me. As I did a walk-around inspection, I opened the gate to the backyard and suddenly realized three very important things: First, the tenants had acquired a momma Pitbull and her six pups. Second, momma Pitbulls are VERY protective of their babies. Third, I didn’t have a change of underwear – something I suddenly needed DESPERATELY! Read More→
Don’t Ask: “What’s Your Asking Price?”
Posted on March 23, 2012 by
Cruising yard sales and working at a pawn shop are two of the best ways to learn how to negotiate.
I’ve spent years doing both, and one of the biggest mistakes I see people make is asking the seller, “What is your asking price?’
Big Mistake – huge!
Think about it: when a seller prices an item for sale – whether it’s a boat, house, or trinket – he has a ‘written’ price in his mind. Usually, he will ask one price, but will take another. So when you, as the buyer, ask the seller, “What’s your asking price?” he mentally sees the ‘written’ asking price in his mind and gives you that answer, instead of the price he will actually take. Read More→
Robert Shemin
Posted on March 23, 2012 byWealth advisor for both CNN, and FOX News, New York times and Wall Street Journal bestselling author with 16 titles including his mega success “How Come that Idiot’s Rich and I’m Not?” and “7 S.E.C.R.E.T.S of the Money Masters”. Robert Shemin is one of the nation’s most sought after real estate and financial market forecasters today.
Robert became a millionaire by the young age of 32, retiring from investing. Instead of keeping all of his wealth building strategies to himself, Robert decided to share his secrets and became an Internationally-respected Wealth Creation Expert.
Regularly sharing the podium with such financial luminaries as Donald Trump, Robert Kiyosaki, David Bach, Suze Orman and Tony Robbins, Shemin helped create The Learning Annex Wealth Expo and has consistently been voted the “#1 speaker” by crowds of over 50,000 people.
Robert has been interviewed and quoted on all topics of finance ranging from real estate to branding, negotiating, entrepreneurship and investment strategy in over 300 publications including the Wall Street Journal, Business Week, USA Today and TIME Magazine. He is a frequent guest on national, regional, and local television and radio programs such as National Public Radio (NPR) and CNBC’s “The Big Idea” with Donny Deutsch. Read More→
Kristin Mack
Posted on March 23, 2012 by
Kristin Mack has been in Real Estate for over ten years: first as a licensed realtor in California and now as a Real Estate Investor in Savannah, Ga. Her passion in real estate has led her to focus on continually buying and selling properties, while managing existing income-producing units. Upon moving to Savannah, she quickly saw the need for a creative real estate investment group where investors could work together and stay abreast of the current real estate trends and laws, while partnering and growing their business. Kristin is a founding member and volunteer director of the Savannah Real Estate Investors Alliance (SavannahREIA.com). Read More→
