Atlanta Real Estate Investors Alliance Blog
Peter Pasternack
Posted on November 2, 2017 by
Growing up in Connecticut, Peter Pasternack came by his entrepreneurial spirit very early on. Peter’s parents owned and operated a Dunkin’ Donuts location as well as a fast food restaurant in the West Hartford area. From an early age Peter had a knack for numbers as he assisted his father with payroll for both businesses, even processing payroll checks himself starting at age 5 when his parents were away for vacations.
Peter’s love of numbers lead him to the University of Georgia where he earned undergraduate and master’s degrees in accounting. Upon graduation he began his career at Price Waterhouse in Atlanta before transitioning to the banking industry where he gained over 20 years of experience. From this He financed over 500 businesses and saw firsthand why some ventures succeed and many fail.
In 2005, Peter co-founded Foundations Design, LLC with his best friend and business partner, Brian Trow. The award winning company designs, builds, and renovates residential properties in the Greater Atlanta area. Peter is responsible for the operational and financial aspects of Foundations Design as well as the long term growth of the company. Read More→
Ramon Tookes
Posted on November 2, 2017 by
Ramon Tookes is a real estate investor, coach, author, wealth builder, public speaker, radio celebrity and developer with 20+ years of experience in the industry. Ramon currently oversees the daily operations of The Tookes Group, a firm that he founded in 2005, specializing in real estate investment consulting.
Ramon has been surrounded by entrepreneurs for his entire life. He watched his grandfather build many successful businesses, his father amassed a respectable real estate portfolio and his uncles had a lucrative contractor business. Ramon began his entrepreneurial career as a teenager when he started his own lawn care service and car wash. He inked his first real estate deal as a freshman in college and financed his college career with the proceeds from his real estate investments. Read More→
Learn To Fix & Flip From an All Star Panel of Local Expert Rehabbers on November 6, 2017
Posted on October 30, 2017 by
& Vendor Trade Show
All-Star Panel of Local
Expert Rehabbers
with Special Guests,
Mike Cherwenka, Roger Blankenship, Ramon Tookes & Peter Pasternack
Atlanta REIA Members Can Attend at No Charge. This month,
Guests Can RSVP Online Now for $20 or Pay $25 at the Door.
Have you ever wanted to Fix & Flip Houses for Fast Cash or to Fix and Hold for Long Term Cash Flow but didn’t know how or where to get started? If so, be sure to join us at the next Atlanta REIA Main Monthly Meeting on on Monday, November 6th at 6:30PM at 3125 Presidential Pkwy, Atlanta, GA (near Doraville).
We are very excited to announce that we are having an All-Star Panel of Local Rehabbers who will be sharing their wisdom on how they have all made huge profits renovating houses over the years and how you can too! The panel will consist of Mike Cherwenka, Roger Blankenship, Ramon Tookes and Peter Pasternack.
Join us and you will learn…
- How they got started
- What their rehabbing business looks like today
- How they find their deals
- How they quickly analyze a deal and make a buying decision
- How they fund their deals
- Kinds of houses to buy and those to avoid
- Where to buy and where not to buy
- How to set yourself up for the best chance of success
- Answers to your questions and much more!
This is the first time we have ever done an Rehabbing Panel, so it is definitely going to be rare opportunity to pick the brains of 4 successful rehabbers and learn from their many years of experience. This is definitely going to be event you don’t want to miss!
Mark your calendar because this is happening on Monday, November 6th at the Atlanta REIA Main Monthly Event. RSVP NOW & DON”T MISS IT!
As always, Atlanta REIA Members can attend the event at no charge and Non-Members can Register Online for $20 or pay $25.00 at the door. Be sure to bring your business cards and flyers and join us for an evening of real estate deals, vendors, networking, education and fun! See you there! RSVP Now!
Mike Cherwenka is Atlanta’s leading expert in residential quick turn real estate. Mike has wholesaled and fixed and flipped over 2,050 single family homes since 1996 and is known as the “Godfather in flipping homes”. Mike has also acquired 93 rental properties on the Atlanta Housing Authority Section 8 program.
Roger Blankenship is the “Flipping America Guy.” He’s host of the nationally syndicated real estate show, “Flipping America,” author, educator, motivational and inspirational speaker, and business leader. He is a member of several professional real estate organizations and is part of the Forbes Magazine Real Estate Council.
Ramon Tookes is a real estate investor, coach, author, wealth builder, public speaker, radio celebrity and developer with 20+ years of experience in the industry. Ramon currently oversees the daily operations of The Tookes Group, a firm that he founded in 2005, specializing in real estate investment consulting.
Peter Pasternack, star of A&E’s “Flip This House”, is a CPA, is an entrepreneur, investor, rehabber, networker and trainer. Peter co-founded Foundations Design, LLC, the award-winning company designs, builds, and renovates residential properties in the Greater Atlanta area. Peter also runs Real Estate Connections and The Investor’s Blueprint which educates and inspires new and seasoned real estate investors.
WIN A VIP EXPERIENCE JUST FOR YOU: All participants who attend the Atlanta REIA Meeting will entered into a drawing for a chance to win a *Complimentary 6 Day, 5 Night Stay for You and a Guest at One of 6 Incredible Mexico Destinations! *You must be present at the meeting to win. Giveaway does not include dining, transportation, transfers, taxes, upgrades, etc.
*Please Note: Meeting agenda is subject to change.
with Don DeRosa
Atlanta REIA Members Please RSVP on Meetup.com
Are you ready to know the quickest and easiest way t get started in the real estate business with limited time and funds?.
Would you like to learn how to structure deals so you can buy houses with little or none of your own cash and none of your own cred? 15 hours a week… That’s all you need! Imagine… taking any seller lead and being able to create a winning deal out of it… Making thousands of dollars where you thought there were none. No more wasted marketing dollars. No more wasted phone calls. No more wasted time.
Join Don DeRosa at the High Tech Home Buying Creative Deal Structuring Subgroup on Monday, November 6th from 5PM to 6PM at the Atlanta REIA Main Monthly Event at City Of Light where he will be teaching about Jump-starting Your Real Estate Investing this month. Don will teach you about the state-of-the-art tools and techniques you’ll use to evaluate deals and figure out how to make them work – so you can work less and spend more time where you want, when you want and with whom you want.
Some points Don will be teaching you include:
- Finding the easiest ways to attract motivated sellers
- 20 questions you should always ask a potential seller
- Exit strategies that will not only make you lots of money today, but make you wealthy long term.
- How to be a problem solver.
- And so much more…
Bring your deals and Don will walk through them step-by-step and he’ll show you how to easily evaluate the lead, determine your exit strategy, structure the deal, negotiate with the seller, and get the paperwork done in a snap.
Its an amazing time to be a real estate investor. Don’t look back 5 years from now and wish you had acted. Learn how to buy right… Learn to Make More and Work Less, Right Now!
At 5:00 PM in the Main Lobby, we have a Vendor Trade Show that lasts throughout the meeting where you can come out and meet many of our participating Business Members and Vendor Guests who help sponsor our meeting. See a full list of our vendors and sponsors below as they are added.
Vendor tables are limited, so any vendors wanting to reserve a table for the meeting can RSVP for a Vendor Table here. Vendor tables are reserved and setup on a first-come, first-serve basis.
Starting at 6:15 PM, Dustin Griffin kicks off the Atlanta REIA Main Monthly Event with updates and announcements. Dustin covers what’s happening at Atlanta REIA in the upcoming weeks and months such as upcoming workshops, webcasts, special events, members benefits and much more! Be sure to be in the main meeting room at 6:15 PM for your chance to be one of the first to receive a printed copy of The Profit Newsletter while supplies last.
At approximately 6:30 PM, Joe Thompson will be hosting the Haves & Wants Speed Marketing Session which gives our members the opportunity to quickly market deals they HAVE and to find deals they WANT. We also give our business members the opportunity to get up and say a few words about their businesses. Members who want to participate in the Haves & Wants Marketing Session must bring your flyers and get to the meeting early to get on Joe’s list of participants.
Three Dollar Cafe
After the conclusion of the Atlanta REIA Main Meeting, we will be reconvening at 9:30 PM at Three Dollar Cafe located at the 3537 Chamblee Tucker Rd in Atlanta, GA for the Late Nite Networking and the “Meeting-After-The-Meeting”! There is no charge for Atlanta REIA Members or guests to attend Late Nite Networking, so bring a friend and head on down to Late Nite Networking and have a cold brew with us! Just be sure you order food and beverages from the restaurant and please tip their wait staff generously.
American IRA – The American IRA mission is to provide the highest level of customer service in the self-directed retirement industry.
Read More>>
Goldmine Properties, Inc. – As Atlanta’s first full service real estate wholesaler, we offer wholesale property at 65% loan to value, with financing available. Purchase price and repairs are 65% of certified after repaired appraisal. Read More>>
The Small Business Advisor – A full service small business consulting firm specializing in QuickBooks with a wide variety of specialized services, trainings and products for small businesses. Read More>>
Advanta IRA Administration – With the help of your local Advanta IRA staff, use your IRA to invest in assets you know, understand and control, such as real estate, notes & mortgages, private placements, and much more! Read More>>
Networth Realty of Atlanta, LLC – A licensed, full-service residential wholesale brokerage that specializes in finding quality wholesale properties and making them available to you. Read More>>
Auction.com – The nation’s leading online real estate marketplace, having sold over $34 billion in real estate assets. Auction.com’s mission is to provide the most trusted online real estate marketplace, making transactions easier and more transparent. Read More>>
Secured Investment Lending – A licensed direct mortgage lender specializing in non-traditional hard money loans for non-owner occupied buy/fix sell properties or rental properties throughout the GA and FL. Read More>>
CRS Data – We offer comps from the MLS & FSBO’s, custom searches, property tax records, interactive maps, sales & mortgage info, real estate valuations, mailing lists & more. Read More>>
Ramon Tookes Flipology
Yellow Letters & More
Learn All About Virtual Wholesaling with Jeff Richman at BIG Online in October
Posted on October 20, 2017 byHow To Wholesale Virtually
with Jeffrey Richman on Oct 25th
@ 7PM on GoToWebinar
No Charge to Attend for Members or Guests
Who Attend Online via GoToWebinar.com!
You may ask, “What is Virtual Wholesaling”? It is when you buy and sell properties at wholesale prices, often sight unseen, from long-distances using computers, tablets, smart phones, online references along with local help when you can get it. On Wednesday, October 25th at 7:00PM at the Beginning Investors Group Online, we will have as our special guest speaker, Jeffrey Richman, from Charlotte, North Carolina, who will show you the in’s and out’s of Virtual Wholesaling!
The big advantage of Virtual Wholesaling is that the investor can spread their efforts across multile markets, which can maximize their potential return on investment, especially if they are operating in a hot, crowded market area.
Jeffrey Will Show You:
- Why not to limit yourself to just your own local market
- The tools necessary for success
- How to utilize technology
- Answers to your questions and much more!
TO ATTEND ONLINE: 7:00PM Start Time. To attend the Beginning Investors Group Online via your PC, smart phone or tablet, Register Here for the Meeting on GoToWebinar.com and you will be emailed login instructions for the event.
Once you get your Webinar Confirmation Email, you can login on about 5-10 minutes prior to the 7PM start time to reserve a spot using your PC, Mac, Tablet or Smart Phone. You can download the GoToWebinar App here on iTunes App Store or the Google Play Store.
Getting the Deed Subject-To Workshop on October 28, 2017
Posted on October 14, 2017 by3125 Presidential Pkwy, Atlanta, GA
Have you heard what buying houses Subject-To is all about? If you want to know, or want a refresher course, then join Don DeRosa, on Saturday, October 28th from 9:00AM to 7:00PM (Registration starts at 8:30AM) at 3125 Presidential Pkwy, Doraville, GA
Don DeRosa will be conducting a special full day workshop with Atlanta REIA on “How To Do The New Subject-To”. This class is all about how to buy and own real estate and make lots of money with little or no money down.
Learn How To Buy Houses…
- Without using your own cred
- Without having to sign personally on a note
- Without having to qualify for a mortgage
- Without having much money
Beginner or experienced real estate investors can find immediate success using Don’s simple formula. There are six easy steps to follow when buying “Subject To.”
- Locating Sellers
- Prescreening Sellers
- Constructing Offers
- Presenting Offers
- Finding the Money
- Selling Houses
Once you learn to follow these steps you can do this over and over again for an average profit of over $20,000 per property!
This event will show you from start to finish how to buy “subject to” properties… from raising capital, to finding leads, to meeting with the seller and closing the deal.
This workshop is jam packed with very important topics that Don will cover such as:
- How to buy houses with little or no money up front
- Finding the easiest ways to attract motivated sellers
- How to evaluate any lead and decide whether it’s deal or a dud
- Know how much money you’ll make before you make an offer
- How to structure a deal in less than 10 minutes, using multiple strategies
- How to use Don’s Green means ‘GO’, Red means ‘NO’ tools to negotiate for you, so you never let your emotions talk you into making a bad deal
- How to meet with the seller and make them feel comfortable with your offer, and how to avoid getting shut out of a deal
- How to walk away with a signed offer the same day and put it in your lawyers hands while you’re with the seller
- Learn the top five negotiating tactics to get sellers to say “yes”!
- Find all the private money you need without putting loans in your name
- Exit strategies that will not only make you lots of money today, but make you wealthy long term
- The Secret to creating passive income deals of $350 + per month without any of your own money and with NO management on your part.
- And much, much more including answering your questions!
SEATING IS LIMITED: If you want to gain the cutting egde yu need to succeed and bypass your competition.
Don will give you practical tips with real life examples. Prepare to be fascinated and blown away by what today’s technology offers, and what tomorrow can bring! REGISTER NOW!!
*PLEASE NOTE: The 2-for-1 Early Registration Special expires on Wednesday, October 25th at midnight. Non-Members who join Atlanta REIA between October 16th through October 25th, 2017 can attend the workshop for NO CHARGE. Also, Atlanta REIA Members who renew their membership for an additional year on or before October 16th through October 25th, 2017 can attend the workshop for NO CHARGE as well. When joining Atlanta REIA or renewing your membership, please indicate that you want to attend the workshop at no charge. You can join Atlanta REIA at https://atlantareia.com/membership.
REGISTER NOW WHILE SEATS ARE AVAILABLE for the workshop and bring your iPad, tablet or smartphone and join us at the event.
Learn All About Virtual Wholesaling with Jeffrey Richman at BIG on October 16, 2017
Posted on October 10, 2017 bywith Jeffrey Richman
You may ask, “What is Virtual Wholesaling”? It is when you buy and sell properties at wholesale prices, often sight unseen, from long-distances using computers, tablets, smart phones, online references along with local help when you can get it. On Monday, October 16th at 6:30PM at the Beginning Investors Group in Sandy Springs, we will have as our special guest speaker, Jeffrey Richman, from Charlotte, North Carolina, who will show you the in’s and out’s of Virtual Wholesaling!
The big advantage of Virtual Wholesaling is that the investor can spread their efforts across multile markets, which can maximize their potential return on investment, especially if they are operating in a hot, crowded market area.
Jeffrey Will Show You:
- Why not to limit yourself to just your own local market
- The tools necessary for success
- How to utilize technology
- Answers to your questions and much more!
Atlanta REIA Members Please RSVP on Meetup.com
The Beginning Investors Group (BIG) is an educational and networking group for new investors who are just getting started in real estate investing as well as “new again” real estate investors who’ve taken a few years off and are looking to get back in the game.
BIG is hosted by Dustin Griffin who will be bringing in local and national real estate experts to teach new investors how to survive and thrive in our ever changing economy and real estate market.The entire purpose of the group is to help new investors get their first deal and help new again investors get their next deal.
This is a “dinner” group and we kindly request that you buy dinner and/or drinks since the Hudson Grille allows us to meet there. There will be lots of learning and lots of networking. Bring your deals and your haves, wants and needs to the meeting for discussion.
As always, Atlanta REIA Member can attend the meeting at no charge and not-yet-members can RSVP Online for $15 or pay $20 at the door.
Onsite Renovation Group Meets in Hapeville on October 17, 2017 at NOON
Posted on October 10, 2017 byHands-On Learning “Onsite” at Real Renovation Projects
Tuesday, Oct 17th at NOON
259 Maple St, Hapeville, GA
Please join us on Tuesday, Oct 17th at NOON for the Atlanta REIA Onsite Renovation Group (ORG), hosted by Don DeRosa and Dustin Griffin, to learn all about finding, funding, fixing, and flipping houses for big profits. This month’s gathering will be held at a property being renovated by Sherry Meeks located at 259 Maple Street, Hapeville, GA.
This house was a 2 bedroom 1 bath when purchased. Sherry is converting it to a 3/2 with an addition of at least 300 sq ft, a new front porch and a rear deck. Come see how Sherry is transforming this old, small, run-down house into a gorgeous home!
The Atlanta REIA Onsite Renovation Group (ORG) is an educational and networking group that focuses on the acquisition, renovation and retail resale (fix and flip) of single family residential homes. The purpose of the group is to allow both new and experienced rehabbers and investors to meet, network and share knowledge and experience with “hands on” access to real property.
The Onsite Renovation Group meets on the 3rd Tuesday each month at NOON at an active renovation site, build site or rental property which will vary from month to month. As always, there is no charge for Atlanta REIA members to attend. Guests & Non-Members can RSVP Online for Only $15 or pay $20 at the door.
Atlanta REIA Members Please RSVP on Meetup.com
Making The Impossible Deals Possible and Profitable with Bill Cook at Mountain REIA
Posted on October 3, 2017 byMaking The Impossible Deals, Profitable!
October 3rd @ 6:30PM,
Golden Corral Cumming,
2025 Market Pl Blvd, Cumming, GA
$2 Charge for ALL Attendees.
Did you know that every month, within 5 miles of your home, there’s a $15,000 net-profit deal waiting to be had? The hard part is finding it, and then knowing how to creatively structure it into a big-profit deal. There won’t be a large sign in the yard that reads: Stop Here – $15,000 Deal Inside! A common mistake made by many would-be real estate investors is to run a We Buy Houses ad, then sit back and wait for the phone to ring. A truth: The phone rarely rings! Because of this, most new investors go out of business long before they find their first deal!
To succeed at real estate investing, you must get face-to-face with sellers on a regular basis. The fastest, cheapest and most effective way to accomplish this all-important task is to simply knock on sellers’ doors and ask why they’re selling.
In addition to door-knocking, you must continually learn creative deal structuring techniques from experienced real estate investors. The best creative deal structurer I know is Pete Fortunato. With nearly 50 years of deal-making experience under his belt, he’s the master! If you want to learn how to make impossible deals possible, do what we do: hang out with been-there-and-done-that investors. They know stuff! You will find these been-there-done-that experienced investors at your local REIA functions.
RSVP Now and join us for Mountain REIA at 6:30pm on Tuesday, October 3rd at The Golden Corral in Cumming at 2025 Market Place Blvd. in Cumming. Come join us for this fun, informative event. See Y’all There!
Everyone can attend for $2.00. Show up at 6:30 PM to eat and network before the meeting officially starts at 7:00 PM. Buying your own meal is optional but highly recommended and greatly appreciated since Golden Corral allows us to use their meeting room.
There will be lots of learning and lots of networking. Bring
your deals and your haves, wants and needs to the event.
Atlanta REIA Members Please RSVP on Meetup.com
Atlanta REIA South with Bill Cook on Making The Impossible Deals Possible and Profitable
Posted on October 3, 2017 byMaking The Impossible Deals, Possible!
with Bill Cook
October 4th @ 6PM, Club E,
3707 Main Street, College Park, GA
$15 CASH cover charge for everyone who attends
which includes a light meal
Did you know that every month, within 5 miles of your home, there’s a $15,000 net-profit deal waiting to be had? The hard part is finding it, and then knowing how to creatively structure it into a big-profit deal. There won’t be a large sign in the yard that reads: Stop Here – $15,000 Deal Inside! A common mistake made by many would-be real estate investors is to run a We Buy Houses ad, then sit back and wait for the phone to ring. A truth: The phone rarely rings! Because of this, most new investors go out of business long before they find their first deal!
To succeed at real estate investing, you must get face-to-face with sellers on a regular basis. The fastest, cheapest and most effective way to accomplish this all-important task is to simply knock on sellers’ doors and ask why they’re selling.
In addition to door-knocking, you must continually learn creative deal structuring techniques from experienced real estate investors. The best creative deal structurer I know is Pete Fortunato. With nearly 50 years of deal-making experience under his belt, he’s the master! If you want to learn how to make impossible deals possible, do what we do: hang out with been-there-and-done-that investors. They know stuff! You will find these been-there-done-that experienced investors at your local REIA functions.
RSVP Now and join us for this Atlanta REIA South/Multi-Family Real Estate Meeting at 6PM on Wed, Oct 4th at The Club E at 3707 Main St. in College Park. Come join us for this fun, informative event. Don’t miss this opportunity to learn from the master!
There will be lots of learning and lots of networking. Bring
your deals and your haves, wants and needs to the event.
Atlanta REIA Members Please RSVP on Meetup.com
The Atlanta REIA South monthly meeting, led by Reggie Jackson and Gordon Catts, is held on the 1st Wednesday of each month at 6PM at Club E Atlanta located at 3707 Main Street, College Park, GA.
The Multi Family Investing Focus Group Meeting, led by Carla Gamper and Gordon Catts now meets on the 1st Wednesday of each month at 6PM at Club E Atlanta located at 3707 Main Street, College Park, GA.
The Profit Newsletter October 2017 Edition
Posted on October 3, 2017 by
The October 2017 Edition of The Profit Newsletter, the official newsletter of the Atlanta Real Estate Investors Alliance, is now available for download. There are 46 pages this month full of upcoming meetings, workshops, webcasts, educational articles and other valuable information for your real estate investing pleasure and success. Download it and check it out!
The Profit is Atlanta REIA’s digital, interactive newsletter for serious real estate investors delivered as an Adobe PDF file to read on your PC, Mac, Smart Phone, iPad or other mobile ready devices. Many of the articles and ads in The Profit contain many hyperlinks you can click to get more information online! The high res version of The Profit is “print ready” for those who want to print the newsletter on their home or business printer.
Be sure to Subscribe to The Profit by Email or Subscribe to The Profit by Text so you don’t miss a single issue.
7 Strategies to Increase ROI on Keeper Properties by Reducing Vacancy
Posted on October 3, 2017 by
Here are my seven strategies to help increase your return on investment on keeper properties by reducing vacancy.
- Do Your Homework Before You Buy
Location, Location, Location… Search out the areas that have low vacancy rates. Talk to local realtors, property managers, and seasoned investors who have been renting units for over a decade before you take the plunge and buy a property.
For example, I want to own property where supply of rental properties is low and the demand is high. I own properties in a town where the schools are in the Top 50 Schools in America. Demand for rental property is high and my average days on market to rent are usually less than 2 weeks. Read More→
Why Improve Your Raising Capital Presentation Skills?
Posted on October 3, 2017 byI believe we all need to improve our businesses. The only way to do this is intentional reflection and forensic analysis. We all can learn a better way to look at our business to stay on top of our game. The best example of this was back in 2000 when the market opened up and anyone who had credit could get into a house. I was using an old business model to screen tenants and respond to inquiries about my properties. I had to make a change quickly because the vacancies lasted longer than needed. I learned the lesson to stay on top of the market. If you become complacent your business will drop off.
In the last article, I wrote about sitting at the table with two sellers and working to get them to finance their house so I could renovate it. Then I would pay off the mortgage. It was a buy, fix, and sell. I will be using poetic license in referring to the “lender” as owner financing / private lending/ hard money. Read More→
