Atlanta Real Estate Investors Alliance Blog
Is a $100 Investment Home a Good Deal?
Posted on August 30, 2011 byEarlier this year, I wrote a column about a three-bedroom, two-bath investment home we bought for $101 (see “How to Buy a Home for $101 – REALLY!!!”). Needless to say, that column generated a lot of comments like: Holy Cow! Wow! Unbelievable! And, of course: You’re full of #*%@!
A few days ago, while speaking to a group of real estate investors in Gwinnett County, Georgia, I asked the question: Is a $100 investment home a good deal? Most folks shouted, “Yes!” A few shouted, “No!” The smart ones said: “It depends.” Read More→
RSVP For a FREE Vendor Table at September 12th Main Meeting
Posted on August 30, 2011 byAttention Atlanta REIA Business Members! We want personally invite you to attend and participate in our upcoming Atlanta REIA Main Monthly Meeting on September 12th at the Atlanta Perimeter Hotel & Suites (formerly the W Hotel Perimeter) located at 111 Perimeter Center West. We are giving away ten (10) vendor tables at NO CHARGE if you RSVP by Midnight on Sunday, September 4th. These tables are being given away for FREE this month to Atlanta REIA Business Members on a first come, first serve basis. DON’T WAIT until Sunday to register since these 10 tables will be long gone by then! REGISTER NOW at and use coupon code FREETABLE to RSVP for your vendor table at no charge for the September Main Meeting!
Bob Massey
Posted on August 29, 2011 byBob Massey, the nation’s leading expert on using Real Estate Agents to bring you deals, has a very unique background for a Real Estate Investing Trainer. Bob became a very successful Investor after retiring from a 30 year career in corporate sales and marketing. He is a career sales person, sales manager, sales trainer and former top level sales executive. Bob’s last position was as a partner in the 2nd largest accounting firm in the world. His job was to teach the accountants how to sell their services. Bob has been building sales and marketing campaigns his entire career. What is exciting is that Bob has brought that experience to our industry and has introduced a unique concept with a level of professionalism that is second to none. Read More→
Michael Vazquez
Posted on August 29, 2011 byMichael Vazquez graduated in 2004 from the University of Houston with a BS in biology and minor in marketing. By applying his marketing know-how he has been able to consistently acquire and sell multiple properties month after month. He is now the senior acquisition associate in Atlanta and leads the acquisitions team in finding the great deals Networth Realty has become known for. He has been with Networth Realty since 2006 and has grown into a well rounded associate having done many investments of his own. Michael taken on projects starting with just 4 brick walls (literally) to managing his own rental portfolio. When it comes to investing in real estate he has done much more than many twice his age, so Networth Realty entrusts that he will do the same for his investors.
What’s Happening at Atlanta REIA – Week of August 29, 2011
Posted on August 29, 2011 byThe 5th week of the month, is usually a slower week, but we still have plenty to do at Atlanta REIA. The Haves & Wants Meeting is on Wednedsay, followed later that night by a Business Opportunity Webcast with Michael Vasquez of Networth Realty on how they work with investors to provide low cost, high quality wholesale deals. We have also uploaded several webcasts to in the Member Only Area for 24/7 replay. We also have Saturday a the Park coming up this weekend with the Soul Phonics. Come network with us! Read More→
Wow – Does Waffle House Serve Strawberry Mocha?
Posted on August 26, 2011 byEarlier this week, I met with a seller. Over the past two years, we’ve probably gotten together four or five times. He has a rental property he wants to sell. Problem is, his asking price is too high for me.
This time when he called, I said, “Let’s meet at Waffle House, get a cup of coffee and talk.” He said, “Don’t you want to see the house?” “No, I already know what it looks like. I drive by it all the time,” I answered.
Here’s an interesting question for the real estate investors out there: When a seller or realtor calls you about a property for sale, what’s the MOST important thing you need to see? Read More→
Evening with an Expert Webcast Replay: Chris Littleton on Land Lording & Property Management
Posted on August 26, 2011 byThis month’s Evening with a Real Estate Expert Webcast was with Property Management Expert, Chris Littleton of Solutions Realty Network who has been an active real estate investor, Realtor and property manager since 2003. Chris shared many of his land lording insights, tips and tricks with us on the webcast. We talked to Chris about buying and holding vs fixing and flipping, the best types of houses to purchase for the buy and hold strategy, marketing for tenants, pre-screening tenants, renting houses quickly, contract management, maintenance, repairs, evictions, hiring a property management company and as much useful information as we can pack into this hour an a half hour webcast. Watch the webcast replay now! Read More→
What’s Happening at Atlanta REIA – Week of August 22, 2011
Posted on August 22, 2011 byWe have another great week of networking at educational opportunities at Atlanta REIA for the week of August 22nd! Monday is Atlanta REIA West with Catherine McFarland on “Changing Your Thinking & Changing Your Life”. Tuesday we the Note Buyers Group in Smyrna with Tom Boyer. Wednesday is our Atlanta REIA Beginning Investors Group Meeting with Leslie Mathis on “Overcoming Fear of the Deal”. Thursday we have the Cash Cows Commercial Group Meeting with Part 4 of the “How to Find Private Lender” training series with Steve Brown as well as the Haves & Wants deal makers meeting with Joe Thompson. Thursday night we have an Evening with an Expert Webcast. Saturday is a Property Management Workshop with Russ Hiner and Chris Littleton. Come join us! Read More→
Change Your Thinking and Change Your Life at Atlanta REIA West
Posted on August 22, 2011 byTONIGHT, Monday, August 22nd at 6:30 PM at the Altanta REIA West Monthly Meeting taking place at the Cherokee Cattle Company Restaurant in Marietta, Catherine McFarland will share with us easy to use, day-by-day steps to change our way of thinking. As humans, we tend to become what we think about and focus upon on a daily basis. Some of our negative thinking, including overcoming fears, feelings of not being good enough, not deserving the best life has to offer, defeatist attitudes, etc, can really hold us back. Read More→
Overcoming Fear of the Deal at the Beginning Investors Group
Posted on August 19, 2011 byWhat’s holding you back from your first deal? Afraid you will mess up the deal? Mess up your life? How do you work through your fears so you can succeed? Our special guest speaker for August is Leslie Mathis. Leslie is a published author, teacher, trainer, and mentor. For the better part of thirty years, Leslie has studied wealth creation and harnessing the power of the subconscious mind to obtain goals not only in real estate, but in every area of life. She will be discussing how to overcome fear. If some fear is holding you back from succeeding, you need to be at this meeting. Read More→
Webcast Replay: Training Opportunity Webcast with “Mr Rehab” Pete Youngs
Posted on August 18, 2011 byOn August 18th, 2011, we did a special “training opportunity” webcast with “Mr. Rehab” Pete Youngs. Pete talked about how he got started in the business and how is business has evolved over the past 30 years, especially over the past few years in our weak economy and trouble real estate market. Pete talked about how he buys houses at 50 cents on the dollar or less, how he makes offers to banks on foreclosed properties, how he uses mold and lead-based paint tests to justify his offers and more. Pete also talked about his upcoming 3 Day Boot Camp on August 20th – 22nd with his brother Tony Youngs and what they will be teaching during the event. Click here for more information on Pete & Tony Youngs 3 Day Boot Camp on August 20-22, 2011 or watch the webcast replay below. Read More→
How to Determine Your TOP Foreclosure Bid
Posted on August 18, 2011 byAt this month’s foreclosure auction, Kim and I were prepared to bid on four properties. After losing the bid on the Peppermill Drive property to another investor, a new investor asked how we determined our T.O.P. (Top Offer Price) bid. It was a very good question – one that we’re asked regularly.
Before we bid on a property, I’m adamant that we first do the following:
1) We see the house – both inside and out. Our goal is to do a thorough inspection of the property to determine an accurate rehab cost. Read More→