Atlanta Real Estate Investors Alliance Blog
Landlording is a Business… with Customers!
Posted on July 22, 2011 byThe number of people who are terrified of owning rental property and managing tenants is amazing. This unfounded fear is the stopping block that prevents MANY would-be millionaires from ever becoming wealthy.
When Kim and I were in our early thirties, our goal was to retire in our fifties. Not just retire, but to retire with means…enough means to do what we wanted, when we wanted, where we wanted.
At the time – and this is true for most Americans who are in their thirties and forties – our chances of becoming wealthy and retiring early were zero to nil. Read More→
What’s Happening at Atlanta REIA – Week of July 18, 2011
Posted on July 19, 2011 byEven though we have postponed a few event this week until next month, like the What’s Hot and Business Opportunity Webcast and Atlanta REIA North Meeting, there is still plenty going on this week at Atlanta REIA. The Movers & Shakes Lunch Meeting is on Monday, July 18th with John Adams on his Top 10 Landlording Tips. Haves & Wants is on Thursday, July 21st for investors looking to buy or sell their deals and promote their services. And Saturday, July 23rd, Mr. Rehab himself, Pete Youngs, is going to spend a day teaching us how to get started investing in “fixer upper” properties at the Rehabbing 101 Workshop. We look forward to seeing you and one of these exciting events soon! Read More→
Real Estate Investing Ain’t All Wine and Roses
Posted on July 15, 2011 byWant to see me go off like a bottle rocket? Just let ONE of those real estate investing infomercials pop up on the TV. You know the ones: fancy cars, expensive mansions, beach scenes in Hawaii…with the TV “investor” claiming: All this can be yours if you’ll just buy my super-secret system. Oh, just shoot me dead!!!
Folks, those poop-filled infomercials aren’t real. What is real? Let me take you through a typical day of real estate investing. Read More→
Federal Reserve Seeks Comments on Proposed Rule for Dodd-Frank Act
Posted on July 15, 2011 byFrom THE PAPER SOURCE JOURNAL, July, 2011:
The Federal Reserve, which received sweeping new authority under the Obama regulatory reauthorization, wants to effectively eliminate seller-held (a.k.a. purchase money) mortgages. It will do this by enacting a rule for the Dodd-Frank Act prohibiting property sellers from taking back a mortgage unless the buyer essentially can qualify for conventional financing! What’s more, Ma and Pa Homeowner, who create 95% of seller-held mortgages, won’t be able to qualify buyers under the same underwriting standards that banks are required to perform, and therefore the cash flow notes won’t be created.
If this is enacted it also will remove access to housing for millions of Americans, because seller “financing” is the only way people who can’t qualify for conventional loans can buy a house. Moreover, it would allow a buyer a three year right of rescission (they can cancel the sale) if the seller did not properly qualify them. The right of rescission also applies to anyone who buys the note. We have precious little time to try to stop this. Read More→
Rehabbing 101 Workshop with Pete Youngs – July 23, 2011
Posted on July 15, 2011 byAtlanta REIA invites you to attend a full day learning how to rehab houses for huge profits with “Mr. Rehab” himself, local and national real estate expert, Pete Youngs. You probably know many investors that are making $25,000, $50,000 or even $100,000 per deal by buying properties dirt cheap, fixing them up and selling them for a big profit a few months later. But to make the big money like the pros, you need to have the knowledge and secrets of the pros.
At the Rehabbing 101 Workshop on July 23rd, Pete will teach you all of his tips, tricks and systems in a day crammed full of 20+ years of rehab and renovation experience. He will show you how to buy distressed properties dirt cheap as well as valuable contractor techniques you need to know to lower your fix up or maintenance costs by 50% or even 75% and get the absolute best quote from your contractors! Come spend a full day with Pete where you’ll learn everything from minor cosmetic procedures to enhance the value of a home, to major renovation techniques that will add THOUSANDS to your equity position and net worth.
Atlanta REIA Gold Members can register now for ONLY $10, Silver Members for $15 and Guests for $20.
Rehabbing 101 Workshop
July 23rd at 1960 Skylar Hill Dr, Ste D, Buford, GA
Here’s just a few topics you’ll learn during the jam-packed Rehabbing 101 Workshop… Read More→
What’s Happening at Atlanta REIA – Week of July 11, 2011
Posted on July 10, 2011 byThis week the Atlanta Real Estate Investors Alliance (Atlanta REIA) is celebrating our 1 Year Anniversary our Main Meeting and Vendor Trade Show on Monday, July 11th. We also have several exciting subgroup meetings this week such as the Creative Financing Group on Wednesday as well as Haves & Wants, the Small Business Group and Atlanta REIA South on Thursday. Read More→
Atlanta REIA Main Meeting – July 11, 2011
Posted on July 10, 2011 byVendor Trade Show & 1 Year Anniversary Celebration
Attention Atlanta REIA Members, friends, followers and guests,
The Atlanta Real Estate Investors Alliance is very excited to announce that on Monday, July 11th at 5:00 PM, we will be having a very special Atlanta REIA Main Meeting & Vendor Trade Show to celebrate our 1 Year Anniversary. We will be meeting at the Westin Atlanta Perimeter North located at 7 Concourse Parkway in the Bernstein Ballroom overlooking the hotel pool.
This meeting and celebration is all about YOU, our members, business members, local speakers, trainers and subgroup leaders who have supported us throughout out very successful first year! Their 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 and have a very exciting line up.
If you haven’t joined Atlanta REIA as a member yet, now is your chance to join and save big! If you attend our July 11th meeting live and in person, you can join as an Atlanta REIA Silver Member for only $60 (Save $40) and add a spouse for only $25 more (Save $25) for your first year. Again, you must attend our event live and in person to get this special discount.
If you cannot attend our meeting on July 11th, you can Join Atanta REIA as a Silver Member Online now through Monday for $80 (Save $20) and add a spouse for $30 (Save $20) for your first year.
*This special offer is not eligible for Goodwill Ambassador referral fees.
If you own a business that caters to real estate investors and other real estate professionals and haven’t joined Atlanta REIA as a Business Member yet, now is your chance to join and save big! If you attend our July 11th meeting live and in person, you can join as an Atlanta REIA as a:
- Silver Business for $100 (Save $50) for 1st yr + partner for $50
- Gold Business (2 partners) for only $200 (Save $150) for 1st yr
If you cannot attend our meeting on July 11th, you can Join Atanta REIA as a Silver Business Member now through Monday for $125 (Save $25) and add a partner for only $50 more for your first year. You can Join Atlanta REIA as a Gold Business Member now through Monday for $300 (Save $50) for your first year which is good for two business partners.
Click here for more information on Atlanta REIA Business Memberships.
*This special offer is not eligible for Goodwill Ambassador referral fees.
- Don DeRosa on iPad Investing
- Pete Youngs on Rehabbing Right & Lead Certification
- Andy Heller on REO Investing & RealtyJoin.com
- Steve Brown on Commercial Real Estate Investing
- Russ Hiner on Wholesaling & Negotiations
- Mark Durham on Creative Financing
- Leslie Mathis on Overcoming Fear
- Catherine McFarland on Goal Setting
- Karen Bershad on Small Business Strategies
- Chris Littleton on Landlording in Today’s Market
IMPORTANT NOTICE: Don’t forget, for Monday, July 11th only, the Atlanta REIA Main Monthly meeting will be held at the Westin Atlanta Perimeter North located at 7 Concourse Parkway (map) near I285N and GA400. Free parking is available for members and guests in the parking lot conveniently located behind the hotel.
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iPad Workshop Replay (Part 2)
Posted on July 9, 2011 byEveryone has probably heard about the hot new iPad 2 by now. You’ve probably also heard Don DeRosa talk about how its not just a cool new toy, but an integral tool he uses to run his real estate investing business. You’ve probably already seen many investors actively using their iPad at our Atlanta REIA Meetings and Networking Events to take notes, take pictures, play music, videos and webcasts, send and receive emails and keep track of all our upcoming events and more.
Perhaps you’ve recently purchased an iPad yourself and, like the rest of us, want a lesson on how to not only use it more effectively for personal use, but more importantly, use it to run your investing business from virtually anywhere, on-the-fly. If you want to learn how to the iPad to revolutionize your business, be sure to watch the Workshop Replay of Part 1 & 2 of the iPad Workshopfor Real Estate Investors with Don DeRosa that we recorded on June 22 and July 6th at our Atlanta REIA North Office.
If you missed the workshop and would like to watch the Workshop Replay (Part 1 & 2), Gold Members can register for $15 and Silver Members for $25. Click here to Register for the Workshop Replays Now! Read More→
Haves & Wants Speed Marketing Session: June 6, 2011
Posted on July 8, 2011 byThis was the Haves and Wants Speed Marketing Session that we recorded live at our June 6, 2011 Atlanta REIA Meeting. This is a new 30 minute session at our Atlanta REIA Main Monthly Meeting that starts at 6:00 PM on the 1st Monday of the month and is hosted by Joe Thompson. The purpose of this marketing session is 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. Thanks to all those of you who participated. And special thanks to Joe for hosting the session and to Alan McDonald for recording the session and improving the quality of this video each and every month. Read More→
Chris & Donna Littleton
Posted on July 8, 2011 byChris & Donna Littleton, co-owners of Solutions Realty Network, Inc. (SRN) share a passion for seeking out sound real estate investment opportunities. Their commitment to making them profitable is realized through standardized renovations, reliable property management, and consistent maintenance. The team at Solutions Realty Network prides itself on being experts in their field and proves it by successfully managing over 400 single & multifamily homes in 17 metro Atlanta counties.
The Littleton’s have been active real estate investors and property managers since 2003. Their franchise, The Real Market Experts® of Atlanta, assisted investors nationwide in acquiring $60 Million of Investment Property in just a few years. They are members of the National Association of Realtors (NAR), the National Association of Residential Property Managers (NARPM), and among the first in Georgia to earn the “Real Estate Property Management” REPM designation. Read More→
Learn How To Increase The Cash Flow On Your Rentals
Posted on July 7, 2011 byThis month at our Creative Financing Group (CFG) meeting on Wednesday, July 13th at 6:30 PM at Champps at 7955 North Point Parkway in Alpharetta, GA (map), local real estate expert and subgroup leader Mark Durham will teach you how to increase your cash flow and reduce your maintenance and management hassles on your rental houses.
You should definitely attend this meeting if you want to hold rental properties long term while increasing your monthly cash flow while reducing all of the maintenance responsibilities and management hassles of a typical landlord. This is possible using a very powerful technique known as a Lease Option, which is a form of creative financing where the tenant/buyer leases the house and also has an option to buy it.
At this month’s Creative Financing Group, Mark will teach you: Read More→