Atlanta Real Estate Investors Alliance Blog
Real Estate Junkie Webcast: Does Your BPO End Up Being “Broker Price OUTRAGEOUS”?!?
Posted on February 4, 2011 by
Does the following conversation sound familiar?
MITIGATOR: Our counteroffer is $79,000.
YOU: WHAT? The buyer offered $30,000, which IS current market value and current as-is value! We had the BPO last week, where did the value come in at?
MITIGATOR: It came in at $79,000 so you need to call the buyer and get them as close to $79,000 as possible. We need to net 91% of that, which is $71,100.
YOU: I don’t understand, this house is saturated with pet urine and needs $20,000+ in repairs???
This is a real story of a real deal and the person doing this short sale DID NOT ATTEND THE BPO!!! Do you wonder why the value was so exaggerated? They will go round and round with the lender on this file for the next 4 months until that BPO value expires and they can order a new one. SO… is the BPO a deal-maker or a deal-breaker? The answer is YES!
Are you personally attending each of your BPO appointments armed with an all-inclusive packet for your BPO agent? IF NOT, you are throwing yourself up against a brick wall! Ouch!
Is your BPO producing a short sale value? Make your next BPO your BEST BPO!
Join our call on February 8th at 7pm Eastern and let Kimberlee Frank, the BPO Queen, share her most effective tips regarding influencing the BPO.
What’s Happening at Atlanta REIA – Feb 7, 2011
Posted on February 4, 2011 byAtlanta REIA Main Meeting
Monday, February 7th @ 5:30 PM
W Hotel Atlanta Perimeter
with Guest Speaker, Scott Scheel
(Come See Our New Location!)
Some Quick Facts About Our Main Meeting
- What? The Atlanta REIA Main Monthly Meeting
- When? February, 7th 2011 starting @ 5:30 PM
- Where? W Hotel Atlanta Perimeter @ 111 Perimeter Center West (map)
- Why? To Learn, network, market, have fun and prosper!
- Cost? Guests can attend at NO CHARGE this month!
- Wear? Dress to impress
- Bring? A smile, positive attitude, enthusiasm, biz cards, flyers & a friend
- Parking?Free parking in hotel’s rear parking lot
Meeting Agenda for Feb 7th, 2011
5:00 PM in Lobby:
Sign in, Meet, Greet, Network, Market, Vendors
6:00 to 7:15 PM in Great Room:
Haves & Wants Speed Marketing Session
with Joe Thompson
Atlanta REIA Updates & Announcements for February
with Joe Thompson
Mark Galey on Fuller Center 2011 Community Service Projects
Gordon Catts on Movers & Shakers & Upcoming Workshops
Leslie Mathis on Atlanta REIA West Meeting in Marietta
Reggie Jackson on Atlanta REIA South Meeting in Stockbridge
Karen Bershad, on the Small Business Group
Steve Goines on East Point Subgroup Meeting
Russ Hiner on Wholesaling 101 Workshop
Alan McDonald on Cash Flow Players Group
Door Prizes & Giveaways
with Pam Moss
Member Discounts from Home Depot
with Gordon Catts & Home Depot Representative
7:15 to 7:30 PM in Lobby & Great Room:
15 Minute Intermission & Mixer
7:30 to 9:00 PM in Great Room:
7 Moves to Checkmate in Commercial Real Estate Investing
with Keynote Speaker, Scott Scheel
9:00 PM until Late in Lobby & Lounge:
Late Nite Networking for Real Estate Professionals
IMPORTANT NOTICE: Don’t forget, as of this February 7th meeting, Atlanta REIA is moving to the W Hotel Atlanta Perimeter located at 111 Perimeter Center West, Atlanta, GA (map) just across the street from Perimeter Mall. Members and guests can arrive early at 5:00 PM and mingle in the hotel lobby and lounge. The Haves and Wants Speed Marketing Session which will begin at 6:00 PM sharp. Free parking is available for members and guests in the parking lot conveniently located behind the hotel. Guest can attend at NO CHARGE this month to check out new location and our organization.
Other Events for the Week of Feb 7th, 2011
Tue, Feb 8 @ 7:00 PM: East Point Subgroup Meeting
The East Point Subgroup takes place on the 2nd Tuesday of each month from 7:00 PM to 9:00 PM at Giovanna’s Italian Kitchen located at 1375 Virginia Ave in East Point, GA. The meetings will cover many areas of real estate investing and offers many opportunities of participation by all attendees. Atlanta REIA members can guest can attend at no charge.
Tue, Feb 8 @ 7:00 PM: Real Estate Junkie Webcast
On the 2nd Tuesday of each month at 7PM ET, Kimberlee Frank is going to teach you real world investing strategies and techniques that work in today’s troubled economy and real estate market on the Real Estate Junkie Webcast. This month Kimberlee will be talking about how to influence the BPO (Brokers Price Opinion) or Appraisal when negotiating short sale payoffs with lenders. Register for the Webcast!
Thu, Feb 10 @ 1:30 PM: Haves & Wants Meeting
This meeting is a weekly investor’s brainstorming and deal making jam session hosted by Joe Thompson and held at 5 Seasons Brewing located at 5600 Roswell Rd (map) inside the Perimeter at the “Prado” in Sandy Springs from 1:30 PM till approximately 3:00 PM. This group is all about doing deals and making money right now.
Thu, Feb 10 @ 3:30 PM: Small Business Group Meeting (NEW!)
The Small Business Group is a new educational subgroup, hosted by Karen Bershad, that is designed to help real estate entrepreneurs and other small business owners run their business more efficiently and profitably. The group meets on the 2nd Thursday of each month from 3:30 PM to 5:30 PM at the 5 Seasons Brewing at the “Prado” located at 5600 Roswell Rd (map) in Sandy Springs, GA inside the Perimeter.
Thu, Feb 10 @ 6:30 PM: Atlanta REIA South Meeting
The Atlanta REIA South Monthly Meeting, run by Reggie Jackson, is held on the 2nd Thursday of each month at 6:30 PM at Ryan’s Restaurant located at 5425 North Henry Blvd in Stockbridge, GA (Map). Please show up at 6:30 PM to eat and network before the meeting officially starts at 7:00 PM. Atlanta REIA Members may attend at no charge. Guests may attend for $5.00. Immediately after the meeting, we will reconvene at the Stockbridge Taco Mac (Map) for Late Nite Networking. We hope you will come out and eat, drink, network, learn and have fun with us!
Sat, Feb 19 @ 10 AM: Building a Buyers List Workshop
This workshop, taught by Gordon Catts and Dustin Griffin, is designed to teach attendees how to create and manage a strong buyers list so that they can sell or occupy their investment properties quickly and have buyers and/or renters lined up before the investor ever even purchase a property. Read more about this event →
Sun, Feb 20 @ 1 PM: Social Networking 101 Workshop
This workshop, taught by Dustin Griffin, is designed to teach attendees how to network with other people and businesses online in order to promote themselves, their businesses and Atlanta REIA using various online social networking tools such as Facebook, Twitter, YouTube, Google, Meetup, Linked In, Realty Join, Skype and much more. Atlanta REIA Members can attend for FREE! Read more about this event →
Sat, Feb 26 @ 9 AM: Wholesaling 101 Workshop
Wholesaling is a great strategy for making quick cash, with low risk and without they use of your own cash or credit when done correctly. Wholesaling real estate is among the most popular investment strategies because anyone can do it, At this workshop, you will learn the 2011 wholesale strategies you need to succeed. Read more about this event→
Subscribe to Atlanta REIA Newsletter & Get Scott Scheel’s eCourse at No Charge
Posted on February 2, 2011 by
For a limited time only, subscribe to our Newsletter and receive Scott Scheel’s audio course and manual entitled “The 7 Moves to Checkmate in Commercial Real Estate”. You’ll get a download link in your email once you subscribe and verify your email. And don’t forget, Scott will be our keynote speaker at our Atlanta REIA Main Meeting on Monday, Feb 7th at the W Hotel Atlanta Perimeter.
& receive Scott Sheel’s “7 Moves to Checkmate in Commercial Real Estate” course!
Evening with an Expert Webcast Replay: Scott Scheel on Commercial Real Estate Investing
Posted on February 2, 2011 byOn Tuesday, February 1, 2011, Dustin Griffin spent some time with Commercial Real Estate Expert, Scott Scheel discussing how he is buying commercial properties at pennies on the dollar… even in Atlanta! Scott talked about why now is such a great time to invest in commercial real estate and how to do it without using your own money or credit and not nearly as much time as you might think. Scott will also talked about his upcoming appearance our Atlanta REIA Main Meeting on Feb 7th at the W Hotel Atlanta Perimeter and what he would be teaching our members and guests. This was an information only, no sales webcast. Enjoy! Read More→
Scott Scheel is Our Guest Speaker for Our Main Meeting Feb 7th
Posted on February 2, 2011 byI am very excited to announce that my good friend, Scott Scheel, is going to be our guest speaker at our Atlanta REIA Main Meeting on February 7, 2011 at the W Hotel Atlanta Perimeter located at 111 Perimeter Center West in Atlanta across the street from Perimeter Mall. Many of you have heard me say that I met Scott about 10 years ago at my first Ron LeGrand “Ugly House” boot camp where Scott and I were both attending as students. Since then we became very good friends and Scott has gone on to become a very successful commercial real estate investor and has trained thousands of other investors across the country to do the same. Read More→
Courthouse Field Trip on March 25, 2011 with Gordon Catts
Posted on January 31, 2011 by
Learn insider secrets of locating property, lenders and other investors, as well as how to research ownership and mortgage information, sales prices, liens and judgments, etc. We will take an actual tour of the courthouse! Courthouse records are easily accessible and offer a variety of opportunities. We will 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 the property before making an offer. Find out what else the seller/buyer owns. We will go into the Deed Record room, examine the books as well as go into the tax assessors domain to determine how to track down ownership of vacant properties.
“Courthouse Field Trip”
with Gordon Catts on March 25th, 2011
Meet at the Station House in Cumming at 9AM
Atlanta REIA News for Febuary 1, 2011
Posted on January 31, 2011 byAtlanta REIA “Charter” Membership Ends Forever
On January 31st at Midnight!
Now is your LAST CHANCE to join the hot new real estate investor club in town that everyone is talking about as a CHARTER MEMBER for as little as $100/year! Our Charter Membership Drive, which began on October 4th, will end on January 31st, 2011. This does not mean that you can’t still become an Atlanta REIA Member, it just means that you will NOT forever be classified as a “Charter” or “Founding Member” of the Atlanta Real Estate Investors Alliance. Join Atlanta REIA Now! Again we thank you for your overwhelming support!
What’s Happening at Atlanta REIA This Week…
Mon, Jan 31 @ 8 AM: Atlanta REIA Master Mind Meeting (NEW!)
(UPDATE: The Mastermind has reached capacity and is now a closed group) Russ Hiner and Beth Fasnacht are teaming up with the Atlanta Real Estate Investors Alliance to form a brand new Real Estate Investor Master Mind Group on January 31st, 2011. They will be meeting held at 8AM at La Madeleine French Bakery & Cafe located at 1165 Perimeter Center W (map) in Sandy Springs. Come join us and help shape the future of this new group!
Tue, Feb 1 @ 7 PM: Evening with an Expert Webcast with Scott Scheel
Tuesday’s Evening with a Real Estate Expert Webcast will be with Commercial Real Estate Expert, Scott Scheel. Scott will be discussing why now is such a great time to invest in commercial real estate and how to do it without using your own money or credit. Scott will also be talking about his upcoming appearance our Atlanta REIA Main Meeting on Feb 7th at the W Hotel Atlanta Perimeter. Register for the Webcast Now!
Wed, Feb 2 @ 6:30 PM: Cashflow Game Night in Buckhead
Cash Flow Players Group Buckhead meets on the 1st Monday of the month at the Cheyenne Grill located at 2391 Peachtree Rd NE in Atlanta, GA (map). Atlanta REIA Members play for FREE and guests for $7. Come eat, drink, play and network with us!
Thu, Feb 3 @ 1:30 PM: Haves & Wants Meeting
This meeting is a weekly investor’s brainstorming and deal making jam session hosted by Joe Thompson and held at 5 Seasons Brewing located at 5600 Roswell Rd (map) inside the Perimeter at the “Prado” in Sandy Springs from 1:30 PM till approximately 3:00 PM. This group is all about doing deals and making money right now.
Thu, Feb 3 @ 7 PM: Webcast with Andy Heller
Local Atlanta real estate investor and trainer Andy Heller will be our special guest on Thursday’s Atlanta REIA Webcast at 7PM ET. Andy will be discussing what is happening in Georgia with bank-owned properties that make Georgia the #1 state in the nation for investors to snatch up REOs for pennies on the dollar. Andy is one of the nation’s leading experts on purchasing REOs and we very lucky to have him right here in our back yard. Come hear what he has to say… Register for the Webcast Now!
Mon, Feb 7 @ 5:30 PM: Atlanta REIA Main Meeting with Scott Scheel
Scott Scheel is going to be our guest speaker at our Atlanta REIA Main Meeting on February 7, 2011 at the W Hotel Atlanta Perimeter located at 111 Perimeter Center West in Atlanta across the street from Perimeter Mall. Members and guests can arrive early at 5:00 PM and mingle in the hotel lobby and lounge. The Haves & Wants Speed Marketing Session will begin at 6:00 PM.
Tue, Feb 8 @ 7:00 PM: East Point Subgroup Meeting
The East Point Subgroup takes place on the 2nd Tuesday of each month from 7:00 PM to 9:00 PM at Giovanna’s Italian Kitchen located at 1375 Virginia Ave in East Point, GA. The meetings will cover many areas of real estate investing and offers many opportunities of participation by all attendees. Atlanta REIA members can guest can attend at no charge.
Tue, Feb 8 @ 7:00 PM: Real Estate Junkie Webcast
On the 2nd Tuesday of each month at 7PM ET, Kimberlee Frank is going to teach you real world investing strategies and techniques that work in today’s troubled economy and real estate market on the Real Estate Junkie Webcast. Don’t miss your change to learn from home. Register for the Webcast!
Thu, Feb 10 @ 1:30 PM: Haves & Wants Meeting
This meeting is a weekly investor’s brainstorming and deal making jam session hosted by Joe Thompson and held at 5 Seasons Brewing located at 5600 Roswell Rd (map) inside the Perimeter at the “Prado” in Sandy Springs from 1:30 PM till approximately 3:00 PM. This group is all about doing deals and making money right now.
Thu, Feb 10 @ 3:30 PM: Small Business Group Meeting (NEW!)
The Small Business Group is a new educational subgroup, hosted by Karen Bershad, that is designed to help real estate entrepreneurs and other small business owners run their business more efficiently and profitably. The group meets on the 2nd Thursday of each month from 3:30 PM to 5:30 PM at the 5 Seasons Brewing at the “Prado” located at 5600 Roswell Rd in Sandy Springs, GA inside the Perimeter.
Thu, Feb 10 @ 6:30 PM: Atlanta REIA South Meeting
The Atlanta REIA South Monthly Meeting, run by Reggie Jackson, is held on the 2nd Thursday of each month at 6:30 PM at Ryan’s Restaurant located at 5425 North Henry Blvd in Stockbridge, GA (Map). Please show up at 6:30 PM to eat and network before the meeting officially starts at 7:00 PM. Atlanta REIA Members may attend at no charge. Guests may attend for $5.00. Immediately after the meeting, we will reconvene at the Stockbridge Taco Mac (Map) for Late Nite Networking. We hope you will come out and eat, drink, network, learn and have fun with us!
Sat, Feb 19 @ 10 AM: Building a Buyers List Workshop
This workshop, taught by Gordon Catts and Dustin Griffin, is designed to teach attendees how to create and manage a strong buyers list so that they can sell or occupy their investment properties quickly and have buyers and/or renters lined up before the investor ever even purchase a property. Read more about this event →
Sun, Feb 20 @ 1 PM: Social Networking 101 Workshop
This workshop, taught by Dustin Griffin, is designed to teach attendees how to network with other people and businesses online in order to promote themselves, their businesses and Atlanta REIA using various online social networking tools such as Facebook, Twitter, YouTube, Google, Meetup, Linked In, Realty Join, Skype and much more. Atlanta REIA Members can attend for FREE! Read more about this event →
Mon, Feb 21 @11 AM: Movers & Shakers Lunch Meeting (NEW!)
Movers and Shakers is a new educational and networking subgroup led by Gordon Catts for intermediate and advanced investors rather than new investors. The group meets on the 3rd Monday of each month at the 5 Seasons Brewing located at 3655 Old Milton Parkway in Alpharetta, GA (Map). The doors open at 11:00 AM and the program officially starts at 11:30 AM. Atlanta REIA members can attend at no charge and non-members for $5.00. This month’s meeting is on how to reduce the property taxes on your investment properties.
Mon, Feb 28, @6:30 PM: Atlanta REIA West in Marietta (NEW!)
The Atlanta REIA West Monthly Meeting is our newest group that will be led by Leslie Mathis that is held on the 4th Monday of each month at 6:30 PM at the Cherokee Cattle Company restaurant located at 2710 Canton Road in Marietta, GA. Atlanta REIA Members can attend for FREE and guests for $5.00. Show up at 6:30 PM to eat and network before the meeting officially starts at 7:00 PM.
See all of our upcoming meeting and events on the Atlanta REIA Calendar→
Atlanta REIA Announcements
Sync Your Outlook or Google Calendar with the Atlanta REIA Calendar
You can now sync your Microsoft Outlook or Google Calendar with our Atlanta REIA Calendar so you can stay in sync and updated on all of our upcoming events. Click here for easy instructions on How to Sync Outlook or Google Calendar with the Atlanta REIA Calendar.
Atlanta REIA’s Top 12 Action Items for Serious Real Estate Investors
Atlanta REIA Executive Director, Dustin Griffin, outlined 12 easy ways that active investors can get involved and get in sync with Atlanta REIA and all we do. Click here to Plug In and Get Connected with Atlanta REIA.
Three Webcast Replays Are Now Online
- An Evening with a Real Estate Expert: Dyches Boddiford – Dyches gave his “State of the Real Estate Market Address” for 2011and talked about what the real estate market trends will be like for 2011, what to do take advantages of the buying opportunities and how to avoid the pitfalls and more.
- What’s Hot in Real Estate Investing: Using the iPad with Don DeRosa – On this webcast, Don showed us how he uses the iPad as an integral TOOL to run his real estate investing business and not just as a TOY. Learn how to use the iPad to revolutionize your business.
- The Real Estate Junkie Webcast for Jan 2011 with Kimberlee Frank – On this webcast, Kimberlee talked about how 2011 is one of the best years ever to invest in real estate and how you can do it with no money and no credit! She explained why what worked in the previous years isn’t working now and why.
New Atlanta REIA Mastermind Group for Real Estate Investors
Posted on January 31, 2011 byUpdate: This Mastermind Group has reached capacity and is now a closed group. You may contact Russ or Beth to put your name on the waiting list in case any new spots open up.
Russ Hiner and Beth Fasnacht are teaming up with the Atlanta Real Estate Investors Alliance to form a brand new Real Estate Investor Master Mind Group on January 31st, 2011. They will be meeting held at 8AM at La Madeleine French Bakery & Cafe located at 1165 Perimeter Center W (map) in Sandy Springs. Come join us and help shape the future of this new group!
Mastermind Mission: Support the Business Owner/Operator in a positive, uplifting, and trusting environment for the mutual benefit of the organization.
Internet Marketing 101 Workshop – April 2, 2011 – Free for Atlanta REIA Gold Members
Posted on January 30, 2011 byWe have scheduled our first Atlanta REIA Internet Marketing 101 Workshop for April 2nd, 2011 from 10:00 AM to 4:00 PM at 1960 Skylar Hill Dr, Suite D in Buford, GA. This workshop, taught by Dustin Griffin, is designed to give attendees a general overview of how to use search engine optimization, search engine marketing, websites, blogging, social networking, social bookmarking, online videos, RSS Feeds and much more to market their business and generate leads online. Atlanta REIA Gold Members can attend for FREE*!
Internet Marketing 101 Workshop
- When? Saturday, April 2nd from 10:00 AM to 4:00 PM
- Where? 1960 Skylar Hill Dr, Suite D, Buford, GA (map)
- Why? To learn the basics of Internet Marketing
- Cost? *FREE for Atlanta REIA Gold Members, $49 for Silver Members & $99 for guests. Register Now!
*PLEASE NOTE: Because seating is limited at this workshop, Atlanta REIA Gold Members must pay a $20 RSVP fee that is fully refundable if they attend this workshop and non-refundable if they do not attend.
Leslie Mathis
Posted on January 30, 2011 by
Leslie Mathis is a full-time, well-documented, proven real estate investment professional. Leslie buys and sells real estate by maximizing creative techniques to produce substantial profits with little to no risk. She invests by taking the approach that her main focus is on helping her buyers and sellers first, with the income following as a result. It is imperative for her that she creates win-win solutions for all parties involved in her transactions. She has mastered the art of and is a true transaction engineer, buying and selling hundreds of single family residences since her investing career began. Read More→
Karen Bershad
Posted on January 29, 2011 by
Karen Bershad has owned and operated several businesses during her career including a printing company and a remodeling business with her late husband. Having over thirty years of hands on business ownership experience, she learned many things about owning and operating a business and always felt “there has to be a better way”. This was the basis of developing The Small Business Advisor.
All the downsizing and our current economy has encouraged many who have been employees to change hats and become entrepreneurs. What has come to light is, most entrepreneurs know a product or service really well and decide to go into business for themselves, but they don’t know what they don’t know about running a business. Read More→
Andy Heller
Posted on January 26, 2011 byNeither Andy Heller nor his real estate partner Scott Frank, ever intended to become full time real estate investors. However, in their approximately 40 years of combined real estate investing, they have developed a long term real estate investing strategy that has allowed them to make loads of money while minimizing their time, effort and headaches.
On a part-time basis, while involved in successful non-real estate careers and putting their families first, Scott and Andy have bought, rented and sold approximately 100 homes. Additionally, in many years, they have made more money in their 2-5 hour a week “side real estate investing job” than in their 40+ hour per week day job. Read More→
