Atlanta Real Estate Investors Alliance Blog
What Sales Orders Are and When to Use Them
Posted on October 3, 2017 byThey’re not as commonly used as invoices. But if you need them, they’re there.
When you want to document sales that you can’t (or won’t) fulfill immediately, but you plan to do so in the future, you can’t create an invoice just yet. This is where sales orders come in.
You may never need to create a sales order for a customer. Perhaps you have a service-based business, or you never run out of inventory. Or you simply don’t enter an order unless you know you have the item(s) in stock.
But if you plan to use sales orders, you must first make sure QuickBooks is set up to accommodate them. Open the Edit menu and select Preferences, then Sales & Customers. Click the Company Preferences tab to open that window. Read More→
Irmageddon
Posted on October 3, 2017 byI hope all of you and your families affected by Hurricane Irma are all safe with little to no damage, and if that’s not the case, my thoughts and prayers are with you and your family. Irma taught me some valuable lessons. There are more than a few, but in this article I want to share with you 4 lessons that she taught me.
1) Worry: I’m sure many of you spent much time worrying about your family and loved ones, your safety, your rental properties, and much more. Personally, I probably took 10 years off my life with the amount of worry I experienced.
Shantideva, an 8th century monk said, “If a problem can be solved why worry, If a problem can’t be solved, then what use is it worrying?” Read More→
Can Playing “Monopoly” Help Your Real Estate Investing Business?
Posted on October 3, 2017 by“Negotiating is not something to be avoided or feared – it’s an everyday part of life.” ~ Leigh Steinberg
What does the term ‘negotiate’ conjure up in your mind?
- A conflict where each side tries to ‘win’ by outsmarting the other?
- A car salesman going to ”talk to his manager” about your offer, when you know he’s just going to get a cup of coffee and let you sit and stew?
- A store clerk trying to convince you to buy something you don’t need, for more than you want to pay?
Do you get sweaty palms and a dry throat just thinking about negotiating with a homeowner?
I hope not! But if you do, rest easy, because it’s really not difficult, if you keep a few things in mind. Read More→
Wholesaling Land – A Profitable Game to Explore
Posted on October 3, 2017 byLand is a beautiful thing, regarded by many as something of value in many places. Similar to home ownership, land ownership is viewed oftentimes as a significant asset that increases in value over time, in particular in areas that are more developed or developing.
It should come as no surprise then that wholesaling land can be just as effective as flipping a house. But there is more to land than just dirt. There are three primary categories to consider:
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Undeveloped raw land – these are lots with no utilities of any kind and has never been built on
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Developed land – these are lots with utilities in place, may or may not have ever been built on but has been recognized by the city as at least ‘somewhat ready to go’ for construction
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Teardowns – these are lots with a house on them that is no longer habitable or perhaps is habitable but due to property values, age of home or other variables is better suited for demolition and new construction Read More→
Your Real Estate Foundation
Posted on October 3, 2017 byReal estate investing has always been one of the ways that the determined investor can excel to great heights regardless of one’s educational, financial, or credit level.
I like to say there’s always time to do it right the first time. And in that spirit, I want to prevent you from making some of the same business mistakes I’ve made by sharing some foundational nuggets I’ve learned along the way.
The first and most paramount tool an investor can have is a solid real estate investing education. I cannot stress this point enough. Investing now is made up of so many different venues, options and techniques, you have to be prepared for any and every thing you may come across. If you aren’t prepared, that could mean leaving money on the table. I would challenge you to have at least a general idea of the different RE investing techniques. REIAComps is an avenue to help you see which areas are most profitable. This will assist you in deciding what area you enjoy and in which you work well. Read More→
The Devil’s In the Details
Posted on October 3, 2017 bySince being involved in investment real estate I have seen an unbelievable amount of disregard to details. At first I was surprised given that purchasing a house was such a large investment. These errors and/or lies range from rehab estimates to after repair values. Sometimes the information is an error like a typo or lack of knowledge. Other times it’s the seller, usually a wholesaler, attempting to hide the truth or sugar coat a bad situation. So like a carpenter, make sure you measure twice, sometimes three times, before you cut.
A few days ago, I received an email from a wholesaler that usually mass emails marginal deals. This time the numbers were horrible. Here is an example of what the real estate numbers looked like: Read More→
Reserve a Vendor Table at Atlanta REIA on October 2, 2017 (New Meeting Location)
Posted on September 26, 2017 byReserve a Vendor Table for
Atlanta REIA on October 2nd
We are very excited at Atlanta REIA to announce that Robyn Thompson, “The Queen of Rehab”, will be our special guest speaker on Monday, October 2nd at 6:30PM at the NEW LOCATION of the City of Light at 3125 Presidential Pkwy, Atlanta, GA. Robyn has visited our group many times over the years and each time she delivers something very powerful and special. This meeting is no exception and is an event you certainly DO NOT want to miss! RSVP Now so we can let people know you will be there!
The Atlanta REIA Main Monthly Meeting is a great opportunity for you to get to know our members and our members to get to know you and your business. You will also have the opportunity to get up and speak to our audience during the Haves & Wants Speed Marketing Session as well as the chance to give away a door prize, pass our flyers, etc. We hope you will join us by reserving a vendor table below!
RSVP for Vendor Table for 3 Months!
RSVP for Vendor Table for Next Meeting
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>>
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>>
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>>
Atlanta REIA with Robyn Thompson (New Meeting Location!)
Posted on September 22, 2017 by
& Vendor Trade Show
Mon, October 2nd from 5PM-9PM
Atlanta REIA Members Can Attend at No Charge. This month,
Guests Can RSVP Online Now for $20 or Pay $25 at the Door.
We are very excited at Atlanta REIA to announce that Robyn Thompson, “The Queen of Rehab”, will be our special guest speaker on Monday, October 2nd at the NEW LOCATION of the City of Light at 3125 Presidential Pkwy, Atlanta, GA. Robyn has visited our group many times over the years and each time she delivers something very powerful and special. This meeting is no exception and is an event you certainly DO NOT want to miss!
If you’ve ever seen those Fix & Flip shows on TV and ever thought about investing in real estate, ask yourself…
- Are you tired of living paycheck to paycheck?
- Are you sick of your same old job?
- Are you looking for another way to create wealth?
- Are you ready to start a business that will generate huge chunks of cash?
If you answered YES to any or all of these questions, then RSVP NOW and join us! Robyn is the nation’s leading expert on buying properties at deep discounts, renovating them at lightning speed and selling them quickly for huge chunks of cash. She takes her business very serious and has turned it into a fine tuned machine. She has rehabbed well over 390+ properties in her investing career and rehabbed as many as 51 houses in single year. She treats her real estate investing business as a serious cash machine and not just a hobby.
At the meeting, Robyn will teach you…
- Her Buying Machine
- Where to Find Properties to Rehab for profit
- 10 Criteria to Ensure High Profit Deals
- The Rehab Process
- Locating the Best Contractors to Get the Job Done
- Prescreening Contractors
- 9 Types of Houses to Never buy
- 4 Strategies to Funding Deals when You Have No Money
- Maximum Allowable Offer formula
- Selling Houses in a Down Market
- The Most Critical “WOW” Factors to Sell the house
- Marketing to Attract “A” Credit Buyers
- Prescreening Buyers in 4 Minutes to Ensure they can buy
- And That’s Not All…
SPECIAL BONUS for Meeting Attendees: Robyn also has a very special bonus for those who attend our meeting while supplies last. She will be giving away a brand new audio CD she created with Ron LeGrand called “Rehabbing Creates Big Fat Checks”. RSVP NOW so we know you are coming and make sure we have enough copies. Don’t miss this meeting if you want a CD!
As you can see this will be a knowledge packed evening full of excitement and education. Make a list of your questions and have them ready for her at her table following the end of the meeting. Robyn will hang out after the meeting and answer as many questions as possible for you all. All this is happening on Monday, October 2nd at the Atlanta REIA Main Monthly Meeting. RSVP NOW!
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!
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
Are you spending money on marketing and not getting any deals? Are you able to take any lead and make a deal out of it? Do you know how to make multiple offers that actually get accepted? Are you using technology to your advantage? If the answer is “NO” to these questions then you MUST attend this subgroup meeting.
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, October 2nd from 5PM to 6PM at the Atlanta REIA Main Monthly Meeting where he will be teaching about a wide variety of topics each 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 topics Don will be teaching about include:
- Using Apps on your iPad or other mobile device to evaluate deals on the go
- Creative Techniques such as Wrap Around Mortgages, Sandwich Lease Options, Subject-To, Seller Financing, and more
- How to be a transaction engineer.
- 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.
at the Three Dollar Cafe
After the conclusion of the Atlanta REIA Main Meeting, we will be reconvening at 9:30 PM at the Three Dollar Cafe located at 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>>
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>>
Yellow Letters & More
Jenkins Contruction
Flip Starter with Roger Blankenship
Rehab & Massive Passive Income 2 Day Workshop with Robyn Thompson on Oct 7th & 8th
Posted on September 22, 2017 by
the “Queen of Rehab”
Robyn Thompson
3125 Presidential Pkwy, Atlanta, GA
Join Robyn to Learn How to Turn Foreclosures, Estate Sales and Unwanted Houses into Fast Cash!
Robyn Thompson has taught thousands of students how to achieve economic independence by investing in distressed properties. Robyn has made retailing homes a science and she knows every technique imaginable to locate profitable deals, renovate distressed properties at lightning speed, minimize holding costs, and qualify good credit buyers and expedite closings so you can collect a big check.
In this special one-of-a-kind workshop right here in Atlanta, Robyn Thompson will show you more of her proven, effective, affordable methods that she briefly touched on at the Atlanta REIA Meeting…
She will instruct you on:
- Her Buying Machine
- Where to Find Properties to Rehab for Huge Profit
- The 9 Types of Houses to Never Buy
- The Rehab Process
- Locating and Hiring the Best Contractors to Get the Job Done
- Prescreening & Controlling The 8 Contractors on A Dream Team
- The Magic Buying Formula to Ensure Huge Profits
- The 3 Critical Steps to Selling Houses in a Down Market
- The 21 Critical “WOW” Factors to Make the Home Sell
- 8 Marketing Strategies to Attract “A” Credit Buyers
- How to Prescreen Buyers in 4 Minutes to Make Sure They Qualify for a Loan
Robyn has rehabbed over 390+ properties in her 20 years of investing and the majority of her profits were made on properties that were in a depressed market.
SPECIAL BONUS: All Workshop Attendees with receive as a gift… the “Hire The Best, Fire The Rest” Audio CD by Robyn Thompson! Register NOW to Reserve Your Copy!
An Extra Day with Robyn on Advanced Wealth Building Strategies All Day Sunday!
One of the reasons we LOVE having Robyn Thompson here in Atlanta is because she often brings additional education and training with her. We asked her if she would do that for us and she said YES!
On Sunday, October 8th, attendees can get more time with Robyn Thompson, The Queen Of Rehab, to really pick her brain at a much deeper level on how she has built a Massive Passive bunch of keeper properties. This will be a detailed road map to follow step-by-step of her “advanced” strategies. She will show you in detail exactly how she built a massive Buy and Hold Portfolio that will crank out passive income for your retirement.
As you can see this will be a knowledge packed weekend full of excitement and education. We look forward to seeing you at this great event on Saturday & Sunday, October 7th and 8th!!
*PLEASE NOTE: Early Registration Expires on Monday, October 3rd at Midnight. Tuition will increase by at least $20 per person on October 3rd. Non-Members who join Atlanta REIA on or before October 3rd, 2017 can attend the workshop for NO CHARGE. Also, Atlanta REIA Members who renew their membership for an additional year on or before October 3rd, 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.
Learn to SUPERCHARGE Your Real Estate Investing with Dorsie Boddiford
Posted on September 22, 2017 by
SUPERCHARGE Your
Real Estate Investing
with Dorsie Boddiford
Monday September 25th @ 6:30PM,
Cherokee Cattle Company,
2710 Canton Rd, Marietta, GA
No Charge for Atlanta REIA Members, Guests $10 at the Door.
Come learn the valuable vehicles that real estate investors are using to sock away tens of thousands of dollars each year tax-free! Are you tired of focusing your retirement funds on mediocre investments like stocks and bonds? Why not instead invest in what you know—real estate! Learn how to set up a Solo 401k and how to self-direct your retirement savings into real estate investments such as rental properties and notes.
Dorsie has been a full time real estate investor for the past 6 years. While focusing on building her real estate business and investment portfolio, Dorsie discovered that real estate investors have unique opportunities for retirement investing on which we should be cashing in! One of these tools is the Solo 401k where a business owner can contribute up to $54,000 per year. The Solo 401k has a lot of benefits that make it even more attractive than a self-directed IRA… AND you can even have a Solo 401k along with an IRA!
Here is some of what Dorsie will show you:
- How to qualify for a Solo 401k
- Setting up & using the Solo 401k
- Contribution Limits and how to maximize!
- Roth vs. Traditional Solo 401k accounts
- Planning for the future while saving on taxes now!
PLUS! Dorsie will show you the strategy she uses to generate exceptional returns for her investments both inside and outside her Solo 401k… Wrap Lending!
Get in on the big deals with little dollars. Learn how to become a lender using a small amount of money that will generate large returns! Dorsie will show you multiple real-life examples of Wrap Loans that she has funded that returned her very nice profits. You can use these deal structures as templates to create your own Wrap Loan opportunities and generate returns of up to 10% to 300+% !!!
RSVP NOW! and join us for this Atlanta REIA West Real Estate Event at 6:30pm on Monday, September 25th at The Cherokee Cattle Company at 2710 Canton Rd. in Marietta. Come join us for this fun, informative event. See Y’all There!
Atlanta REIA Members can attend for no charge and Not-Yet Members for $10.00. 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 the Cherokee Cattle Company allows us to use their event room.
There will be lots of learning and lots of networking. Bring your Flyers, your deals, haves, wants and needs to the event.
BIGOnline Meets on Sept 27, 2017 with Dustin Griffin & Don DeRosa
Posted on September 22, 2017 by
@ 7PM on GoToWebinar
No Charge to Attend for Members or Guests
Who Attend Online via GoToWebinar.com!
Have you ever watched those tv programs that show couples flipping properties for tens of thousands of dollars and wished you could do that? Do you wish that you could find something that could provide you with additional income that would make your life better? Well guess what. Real estate might be your answer and it’s easier than you think. Most people think you have to have lots of money or good cred to buy real estate. Some people even think you have to be really smart. The truth is NONE of this is true! Don’t get me wrong, having any and all of those things are helpful but definitely not needed. In fact, most of the time I prefer to teach people with none of those things because then you can’t use them as a crutch!
This month on the BIGO broadcast, I will be showing you how to make money without any of your own money or cred. All you will need is your willingness to learn and your ability to apply simple techniques. I will show you how to identify a property, put it under contract and simply assign that contract to someone else for a fee. I will also show you how to buy properties where the homeowner just deeds over the property to you and you become the owner. Can you imagine buying properties where you never have to use your cred and never have to go to the bank ever again. Would you like to buy a new home to live in but can’t afford the down payment? That’s no problem, I’ll show you how.
Here is some of the items you can learn from this session:
- How to find properties to flip for virtually no money out of your pocket
- How to identify what is a good deal and what is a dud
- What three tiny pieces of paper can make you $10,000 per month
- How to upgrade to the house of your dreams without needing a bank
- How to buy property after property even if you have horrid cred and no money to your name
- And Much, Much More!
If you’ve ever said these words to yourself, “ I wish I could afford that…” then you need to be on this broadcast. This could be the most important session you go to your whole life. There are two types of people out there in this world. Those that “Dream” and those that “Do.” Which do you want to be? Be on this month’s broadcast on Wednesday September 27th @ 7PM ET and let me change the statement from “I wish I could afford that…” to “How can I afford that?”
Let me leave you with this thought. “ If you don’t build your dream, someone will hire you to build theirs”. Is that what you want? RSVP NOW!
The Beginning Investors Group Online ( The “BIG O” or BIGO) is an ONLINE educational 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.
We 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 this group is to help new investors get their first deal and help new again investors get their next deal.
The Beginning Investors Group Online meets on the 4th Wednesday of each month from 7:00 PM ET to 9:00 PM on GoToWebinar. The main presentation will start at 7:00 PM ET and go to approximately 8:30 to 9:00 PM.
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 Broadcast 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.
Commercial Group Meets on Sept 28, 2017
Posted on September 22, 2017 byAtlanta REIA Members Attend for NO CHARGE & Guests for Only $5 at the Door.
Guests can join Atlanta REIA for Only $100/year and Attend for NO CHARGE!
Join us this at the Commercial & Multi-Family Group this month on Thursday, September 28th at 11:30AM at the 5 Seasons Brewing located at 5600 Roswell Rd, hosted by Steve Brown , Bill Ham and our Special Guests. Our group meets every month on the 4th Thursday at this location and time. At the end of each meeting Steve and Bill will tell about one big mistake they have made in their real estate carriers. We call this the “Gotcha” minute. Learn from our mistakes (and get some laughs too).
The Atlanta REIA Commercial & Multi-Family Real Estate Group is an educational, networking and call to action subgroup, led by Steve Brown and Bill Ham that is designed to help real estate investors take their investments to the next level by successfully investing in commercial real estate. You will meet the experts and the behind the scenes players in the game of commercial real estate investing. Come join us and learn to invest in commercial real estate for fun and extreme profits.
The group meets on the 4th Thursday of each month from 11:30 AM to 1:00 PM at the 5 Seasons Brewing located at 5600 Roswell Rd (map). Please note that the Commercial & Multi-Family Real Estate Group meets just prior to the Have’s and Wants Meeting which is from 1:30 PM until 3:30 PM. So please come enjoy both of these back to back meetings and get the most out of your day!
Atlanta REIA Members Please RSVP on Meetup.com
