Atlanta Real Estate Investors Alliance Blog
Make Big Real Estate Profits Tax Free? You Bet!
Posted on August 10, 2011 by
Recently, I spoke to a group of real estate investors and was asked this question: “What is the best way to make money in real estate?” Easy answer: Internal Revenue Code (IRC) 121.
Since most of us aren’t CPAs, let’s look at this incredible way to structure a deal and get tax-free money. Here are the basics of Section 121: If you are married, have lived in your house for two of the past five years, and then sell your house, you get to keep up to $500,000 ($250,000 if you are single) of the profit from the sale – TAX FREE! Better still, the IRS says you can do this every two years! Read More→
Property Management 101 Workshop on August 27, 2011 with Russ Hiner & Chris Littleton
Posted on August 9, 2011 byI want to thank all of you who signed up for the Property Management Workshop, but inform you that we are postponing the event until October. One of the most common questions we received about the workshop was whether the training is going to be basic or advanced and therefore Chris and I are tweaking agenda to better suit your needs. We’re going to split the content into two trainings. One will cover the property management basics and the other will be more advanced. An updated agenda will be posted soon along with the new training date. We apologize for the inconvenience and look forward to seeing you at the training.
Perfecting the property management model by Russ Hiner of Home Buyers of Georgia and Chris Littleton of Solutions Realty Network.
- Did you become an unexpected landlord?
- Currently a landlord?
- Are the tenants running the show?
- Are you being held hostage by your tenants?
- Are your tenants in a slow and no pay mode?
- Are you tired of being a landlord?
This Property Management Training is going to help you understand how to be a better property manager. This one-day training will allow you to handle difficult tenants. By taking this training you are going to be able to have some guidelines to make better decisions. Being a better property manager will put money into your pocket. By being a taking this class you will learn and grasp your short comings.
This dynamic training is going to make your life easier as a hands on property manager. You will feel more confident because you have rules and guidelines in order to work with your tenants in a professional manner. Your ability to guide and direct and manage people is key to your success in the area of long-term wealth building.
From this training you will understand how to be able to hire the correct property management company. By Knowing the correct people to put on your power team you will save money and be able to manage the management better.
The Property Management 101 Workshop takes place on August 27th, 2011 from 9 Am to 5 PM at 1960 Skylar Hill Dr, Suite D in Buford, GA. Sign in for he workshop starts at 8:30 am. Tuition is discounted 10% now through August 20th. As an early bird special, Gold Members are $67 each, Silver Members $89 and Guests $112. After August 20th, Gold Members will be $74, Silver Members $99 and Guests $125. Register now! Read More→
Learn About Social Media and Identity Theft at the Small Business Group
Posted on August 9, 2011 byWho’s Plugging into Your Business?
Social networking sites have exploded in popularity in recent years, as it provides a fun, convenient way to remain connected with friends and family, and also provides a novel avenue for corporations to connect with consumers. However, organizations must be well-versed in the underlying risks of this form of communication, and should proactively approach management of these sites from both a security and employee usage standpoint.
Do you know the 5 different types of Identity Theft?
Learn more at the Small Business Group
August 11th at 3:30 PM
5 Season’s at the Prado
Super Smart High Tech Home Buying & Selling Workshop – Part 2 – Aug 2, 2011
Posted on August 8, 2011 by
On August 2, 2011, Dustin Griffin hosted the 2nd installment of the Super Smart High Tech Home Buying & Selling Workshop Series for 2011 which is being held online and recorded for the first time ever. In Part 2 of this workshop, Dustin covered how to setup and use your domain specific emails and check them online with SuperSmartDomains.com webmail or with Microsoft Outlook. Anyone can attend this live workshop for FREE by registering here and Atlanta REIA Members can login here and watch the Workshop Replay below. Read More→
What’s Happening at Atlanta REIA – Week of August 8, 2011
Posted on August 8, 2011 by
We have another great week of networking at educational opportunities at Atlanta REIA this week! We have an investor round table on Wednesday a the Creative Financing Group. On Thursday, we have a Haves & Wants deal making meeting, a Small Business Group meeting on internet privacy and the Atlanta REIA South Meeting on determining property values. Come join us! Read More→
The 800 Pound Gorilla
Posted on August 3, 2011 by
Although the drop in default rates shows promise, the amount of shadow inventory still creates a dark loom over the future of housing prices, according to latest results from Standard & Poor’s U.S. Residential Performance Index. The shadow inventory of unresolved distressed properties is currently at an estimated $405 billion, representing a four-year housing inventory and one-third of the outstanding U.S. non-agency residential mortgage debt. The report states that full recovery will only occur once the supply of distressed properties shrinks to less than a quarter of the current volume. Additionally, the monthly liquidation and cure rates are at about 2.5%. This is due to an overall resolution rate of 5%, where these rates have lingered in the past nine months. The slowing first default rates allows borrowers to resolve loans and clear out the inventory instead of defaulting and adding additional units to the current inventory. Read More→
One BIG Check or Lots of Little Checks?
Posted on August 2, 2011 by
Lonnie Deals are among our favorite – and most profitable – creative real estate investing deal structures. What’s a Lonnie Deal? It’s when you buy a mobile home in a mobile home park for cash and then resell it with owner financing. Lonnie Scruggs invented this technique, and that’s how it got its name.
Lonnie got into real estate investing in 1971 at age 41. He mainly bought single-family homes and rented them out. In 1986, because he was tired of being a landlord, Lonnie decided to get into the note business. Problem was, it was hard finding good notes to buy. Read More→
Deborah Harris
Posted on August 1, 2011 by
Deborah Harris moved to Atlanta in 1965 as a small child. After attending Georgia Tech, she went straight into real estate. Now, 30 years later, she still loves watching the constantly changing landscape of both the city and the real estate business. Although truly a “people person”, getting the deal closed is Deborah’s claim to fame.
In today’s demanding real estate climate, Deborah thrives with the new business expectations, teaches real estate, and is always ready to help with people’s buying, selling, or investing needs. She is an agent who cares, stays ahead of the technology curve, and is totally knowledgeable about Atlanta. Our team meets the client where technology and real estate connect. Let us help you with your real estate needs. Read More→
What’s Happening at Atlanta REIA – Week of August 1, 2011
Posted on August 1, 2011 byThis week is our Atlanta REIA Main Meeting for August. Come join us at the meeting for vendors, haves & wants, an Atlanta Real Estate Market Update and a training session on “Nuclear Negotiation Tactics” with local real estate expert Russ Hiner. After the Main Meeting will the “meeting after the meeting” at the Tilted Kilt. We’re also having Saturday in the Park this weekend. Come join us! Read More→
How to Find Private Money Lenders at Cash Cow Commercial Group
Posted on July 27, 2011 by
This month’s Cash Cow Commercial Group Meeting, on Thursday, July 28th at 11:30 AM, is Part 3 of a 7 part series on “How to Find Private Money” to fund your commercial and residential real estate deals.In Part 1, Steve Brown covered how to discover private lender leads a the courthouse. In Part 2, he covered how to structure your deal before you present it to your potential lender. In Part 3 this month, Steve is going to show you how to talk with people you meet, pre-screen them quickly and how to talk to them for a minute or two to get an appointment with them to talk about your deal and getting the money. Steve is going to give you a script and show you how he used his business cards to generate lender interest and get appointments. If you need private money to fund your deals, this is yet another excellent meeting that you don’t want to miss!
The Cash Cow Commercial Real Estate Group is a new educational and networking subgroup led by Steve Brown for new, intermediate and advanced investors with a serious interest in purchasing commercial real estate. The group meets on the 4th Thursday of the month at 11:30 AM at 5 Seasons Brewing located at 5600 Roswell Rd (map) just prior to the Haves & Wants Meeting. Read more→
What’s Happening at Atlanta REIA – Week of July 25, 2011
Posted on July 25, 2011 byAtlanta REIA Members and Guests like to get together often to eat, drink, learn, network and have fun and this week is no exception! This week we have many educational and networking special interest groups that take place at lunch or dinner time. Come out and join us and let us help you take you real estate investing to the next level and beyond! Read More→
The Beginning Investors Group Starts This Wednesday at 6PM
Posted on July 25, 2011 by
Have you been a “real estate investor” for several months or even years without doing your first deal? What is holding you back? Fear? Lack of money? Credit Problems? Lack of Focus? Are you afraid you will screw it all up? If so, there is a new investor group for you… “BIG”, the Beginning Investor Group! This group focuses on the defeat of fears, or act in spite of them to do that very important first deal. We want to help you break through those mental barriers. Inspire you to act. Crystallize your focus.
BIG meets once a month, the fourth Wednesday of each month and our first meeting is on Wednesday, July 27th at 6:30 PM at 5 Seasons Brewing in The Prado in Sandy Springs. We will have experienced local investors speaking on relevant topics to help unlock that mental block. We will also have mentors that can take you by the hand and walk you through that first deal. Read More→
