Atlanta Real Estate Investors Alliance Blog
Coming Back Home… to Wholesaling!
Posted on August 7, 2017 byYou have seen the infomercial… it goes like this…
- Start with wholesaling
- Make some money
- Start Rehabbing
- Make Bigger Checks
- Retire
There are a few variations on this theme, so allow me to share a different spin that I and a few colleagues of mine have explored. It looks more like this…
- Start with wholesaling
- Make some money
- Start Rehabbing
- Make Bigger Checks… sometimes but not always
- Quit working so hard and go back to doing some wholesaling.
So this is not exactly what we are doing since we are also doing new construction but remove the new builds from the equation and it is pretty close. So what’s the deal? Read More→
Consistency
Posted on August 7, 2017 byToday after leaving a meeting I was approached by an investor that asked where I found my leads. I answered by giving him a few examples of where I received my most recent listings. By seeing the look on his face, I could tell that he didn’t like my response. I think he believed I was holding out and not wanting to share or there was something special I was doing which was/is not the case.
Like this gentleman and probably like many of you, I once too believed there was a magic bullet/formula to successfully finding a lead in real estate or anything. After speaking with many “experts” I found out that there is no such thing as a magic bullet. In fact, the only thing that really separated a bad or good investor from a great one was/is consistency. The better question is, what should I do on a consistent basis to make me successful in real estate investing or anything else? Once you know what to do consistently, and you actually do it, you will be successful. Read More→
The HOT Atlanta Real Estate Market Stats Reflects That It Is Still A Seller’s Market
Posted on August 7, 2017 byAtlanta continues to be one of the hottest real estate markets to rebound since the recession continuing through First Quarter 2017. But, before we analyze the numbers, sellers must realize the following:
- Price and condition account for 80% of buyer interest and acceptance for any property therefore what needs to be done should be done to present your house in the best possible way.
- Nobody can dictate at what price your house will sell. The market will determine the price that buyers are willing to pay. When you price your house too low, the market will raise the price due to multiple offers over the price.
- Rather than using emotion, guesswork or assertions to arrive at your listing price, a good agent helps the Seller understand the real Atlanta market data, showing what actually happened to other sellers in the current market, as it reveals the most likely outcomes of pricing strategies for you. Using overall metro market statistics provides good agents with a large enough data set of real outcomes to feel comfortable that they will be likely to happen in future transactions, allowing us to take advantage of this knowledge to price your property to achieve your goals.
August Review: Quality Smart Lock System
Posted on August 7, 2017 by“Preconceived notions are the locks on the door to wisdom.” ~ Mary Browne
There is none other than August that are doing Bluetooth locks to the caliber of quality like we’ve never experienced before. August Lock System is something that is worth it. It works best with a Schlage deadbolt or other high-end deadbolt lock. It faces the interior door, so it doesn’t add a level of security that is significant. It is a convenience for the homeowner if perhaps they aren’t home and someone needs to attend to plants and pets.
The startup takes two steps to connect to a smartphone with the app pre-installed. The app does require a phone number and email. The subscription based security monitoring is worth it since the free subscription for the app is only as good as the deadbolt it is on. Read More→
Making Any Market Work For You
Posted on August 7, 2017 byWhen we are always confident that real estate comps are solid, we feel comfortable stepping out into any real estate deal. Using REIA Comps will give you a feeling of confidence and complete sense of control of the value for any deal you are doing. Because things can be so busy these days, it is important to take the steps to make money on any project you pursue. Learning to work with the highs and lows of any real estate market means longevity for you.
Most realtors do a good job but in a sellers’ market you can probably sell the property yourself. Remember, nothing beats a failure but a try. If it doesn’t sell then you can always call the pros in later. The internet has been a blessing to the average person. There are multitudes of websites which could be used to market a property. Thousands of people visit those sites looking for a new home. Even inexpensive ads on the internet are beneficial when trying to get a property in the sold column. Read More→
Flipping Vacant, Ugly, Abandoned Properties in Your Own Back Yard with Reggie Brooks on August 7, 2017
Posted on July 31, 2017 by& Vendor Trade Show
Atlanta REIA Members Can Attend at No Charge. This month,
Guests Can RSVP Online Now for $20 or Pay $25 at the Door.
Come join us at Atlanta REIA on Monday, August 7th at 5PM at the Crowne Plaza Ravinia located at 4355 Ashford Dunwoody Rd, Atlanta, GA where Reggie Brooks is going to teach you the steps he took to go from making $3,000 per month at the telephone company, to over $42,000 per month in his real estate business. He did it by doing exactly what he’s going to be teaching, with Vacant, Distressed, Abandoned Properties!
Whether it’s quick cash that you need right now, or long term wealth that you’re looking to build, it can be done fairly quickly. Vacant Property specialist Reggie Brooks is the expert to teach you how to do it.
Here is some of what you will learn from Reggie:
- How to make big profits using a unique niche in the marketplace – Vacant/Distressed Properties
- How to invest with no cash or cred
- Insider secrets that the professional investors use to turn $15,000 profits into $50,000 profits and more
- Hot new tips and insights that the professionals use to find profitable deals – especially in today’s market
- Hidden cash producing secrets that even so called smart investors don’t even know
- How to uncover hidden value in properties that most seasoned investors overlook
- How to profit from properties that most investors consider worthless
- How to write your contracts to maximize your profits
- How to use creative funding for your deals
- And answers to your questions and much more!
Reggie is a dynamic speaker/educator. Come prepared to take lots of notes. You don’t want to miss out on golden nuggets like very creative ways to find motivated owners of vacant properties, or the various case studies of people who have used Reggie’s system to make big profits buying and selling these unwanted properties. RSVP NOW!
Atlanta REIA Members Please RSVP on Meetup.com
Then Reggie will be returning on Saturday, August 12th for his Vacant/Distressed Property Opportunities Workshop and show you how to buy properties for pennies on the dollar! Do not miss this great learning opportunity!
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
Atlanta REIA Members Please RSVP on Meetup.com
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, August 7th from 5PM to 6PM at the Atlanta REIA Main Meeting at Crown Plaza Ravinia 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 Meeting 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.
Taco Mac Perimeter
After the conclusion of the Atlanta REIA Main Meeting, we will be reconvening at 9:30 PM at Taco Mac Perimeter located at the Perimeter Place, 1211 Ashford Crossing, 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>>
Visio Lending – Simply put, we thrive on real estate. Dedicated to serving the landlord investor space, we crafted our loan products with three words in mind: fast, simple and dependable. Our suite of 30-year fully amortizing loans starts as low as 5.99%. 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>>
Legal Shield
Braswell Capital Solutions
Tomorrow’s Tech in Today’s Homes… Rehabbing For The Future at Mountain REIA on August 1, 2017
Posted on July 31, 2017 byTomorrow’s Tech
in Today’s Homes…
Rehabbing For The Future
with Don DeRosa
August 1st @ 6:30PM, Golden Corral Cumming,
2025 Market Pl Blvd, Cumming, GA
$2 Charge for ALL Attendees.
We are pleased to announce that Don DeRosa will be our special guest speaker this month at the Mountain REIA monthly Meeting. Don will be showing us some futuristic technology that’s being implemented in a lot of today’s homes and how you can use them to improve the value of your rehab.
This will also be a sneak preview of Don’s upcoming workshop that he will be holding on Saturday, August 19th. When you see some of these gadgets, you will, without question, will want to attend Don’s workshop.
RSVP Now and join us for Mountain REIA at 6:30pm on Tuesday, August 1st 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
Let’s Make a Deal on Agust 2, 2017
Posted on July 31, 2017 byLet’s Make a Deal!
with Don DeRosa, Barry Beers & Guest Panelists on August 2nd @ 1:00PM at Hudson Grille in Sandy Springs, GA
No Charge to Attend for Members or Guests
The Let’s Make A Deal (LMAD) group is back with an ALL NEW format that is all about making deals happen! Let’s Make a Deal is subgroup of the Atlanta REIA that will meet on the 1st & 3rd Wednesday at 1:00PM and the 2nd & 4th Wednesday at 6:30PM at the Hudson Grille located at 6317 Roswell Rd NE, Sandy Springs, GA (map). This group is all about making deals happen at the meeting which means Buying, Selling and Trading Wholesale Deals and Creative Real Estate Deals before, during and after the meeting!
Atlanta REIA Members Please RSVP on Meetup.com
Each month we will have a 3-4 person panel who will quickly pre-screen your deals and decide if they want to buy them from you on the spot. If someone on the panel wants your deal, you can have it under contract before you leave the meeting. If everyone on the panel passes on your deal, you can make it available to the entire audience. If we don’t have time to present your deal to the panel and the audience, after the meeting is over there will be plenty of time to network with other buyers and sellers and share your deals.
Your Property Flyers – In order to analyze your deals quickly, please put as much the following information on your Property Flyers as possible:
- High, Average and Low After Repair Value (ARV)
- Asking Price
- How Much is Owed on the Property?
- Amount of Monthly Mortgage Payments on the Property and the Interest Rate
- If Behind on Payments, How Much?
- Repairs Needed and Estimated Cost of Repairs
- Annual Taxes
- Annual Insurance Amount
- Property Details such as Bedrooms, Baths, Square Feet, Year Built, Construction etc
- Seller Situation and Reason for Selling
- Photos of Property
Here is our schedule which is subject to change from time to time, especially around the holidays. Be sure to check our calendar for the most update dates and times.
- 1st Wednesday at 1:00PM at Hudson Grille
- 2nd Wednesday at 6:30PM at Hudson Grille
- 3rd Wednesday at 1:00PM at Hudson Grille
- 4th Wednesday at 6:30PM at Hudson Grille
If you are a new or experienced investor looking looking to buy or sell houses, this group is for YOU! Be sure to bring your deals, property flyers, business cards, contracts and Let’s Make a Deal!
You can also join our Let’s Make a Deal Facebook Group and post your deals here:
Learn Why Investing in Apartments is Such a Good Investment at Atlanta REIA South Group
Posted on July 31, 2017 byShowing “The Math” of Why Apartments Are The Best Investment Vehicle
with Ernie Eden
August 2nd @ 6PM, Club E,
3707 Main Street, College Park, GA
$15 CASH cover charge for everyone who attends
which includes a light meal
On Wednesday, August 2nd, Ernie Eden will share with us information on why Apartments are an excellent vehicle for real estate investment. He will explain the advantages of apartment ownership and go over the numbers. He will “show us the math.” Ernie M. Eden. S.E.C., C.C.I.M. Heads up Eden Realty Services, based in Atlanta, Georgia. Mr. Eden specializes in brokerage and exchanging of income properties, and the brokerage of multifamily housing in particular. He is a Certified Commercial Investment Member (CCIM), Past President of the Association of Georgia Real Estate Exchangers, and has been Georgia Exchanger of the Year. He is a Member of the Apartment Association, and of the Atlanta Commercial Board of Realtors. Mr. Eden is a published author, having written numerous articles in professional journals. He is noted for his ability to find creative solutions in structuring transactions and for handling tough real estate problems.
RSVP Now and join us for this Atlanta REIA South/Multi-Family Real Estate Meeting at 6PM on Wed, Aug 2nd 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.
Flipping Vacant, Distressed, Abandoned Properties Workshop with Reggie Brooks on August 12, 2017
Posted on July 31, 2017 byWorkshop for Real Estate Investors
Pennies On The Dollar!
Join Reggie Brooks on Saturday, August 12th from 9:00 AM to 5:00 PM (Registration starts at 8:30 AM) at the City Of Light located at 3125 Presidential Pkwy, Atlanta, GA where he will show you how you can make $30,000 cash in the next 60 days.
While you’ve been keeping your nose to the grindstone, paying taxes and worrying about keeping up with inflation… silently all across America, shrewd real estate investors are cleaning up. But, right here and right now, things are going to change.
Here’s Some Of What You’ll Learn:
- How To Invest With Only A Few Hundred Dollars
- How To Earn From 18 To 55% Interest On Your Money And More
- How Your Investment Is Safe, Secured By Real Estate, And Guaranteed
- How Your Checks Automatically Come Straight From The Government
- If The Tax Payer Doesn’t Pay, You Foreclose The Property
- When You Foreclose, The Loans Get Wiped Out!
- Easiest Way To Own Real Estate Free And Clear For Pennies On The Dollar
- And Much, Much More…
The truth is it’s very easy and simple to make millions… IF you just have and use the know-how. Right now, right here in your area, there are undervalued properties ready to be scooped up for pennies on the dollar. This is the time to buy these deeply discounted properties and make “a killing” down the road. The money is there for the taking.
“There Are Millions To Be Made In Real Estate – Right Now, In Today’s Changing Market”
“In Fact, If You Don’t Make $30,000 Or More In The Next 60 Days, You Didn’t Attend My Training!”
Mark you calendar right now for August 12th! Reggie’s going to teach you the steps he took to become a multi-millionaire. And he did it doing exactly what he will be teaching you!
Here’s More Of What You’ll Learn:
- How to formulate the correct amount to offer on a potential investment property
- How to buy investment property well below market value
- How to buy houses, apartments, commercial, etc. for pennies on the dollar
- Loads of hot new tips and insights that the pros use to find good deals in this changing market
- Clever ways to automate the abandoned property system – get these properties chasing you instead of you chasing them
- Amazingly simple, low cost ways to fix up properties for maximum profits
- Quickly getting rid of fear and get moving quickly toward your level of success
- And Much, Much More…
We are going to PROVE IT to you live at this full day Vacant/Abandoned Properties Workshop on Saturday, August 12th from 9AM to 5PM.
Register Now and join us to discover Reggie’s secrets that he will be to sharing with you. These are the strategies that he has perfected throughout his own Real Estate Investing ventures and he will show you step-by-step how YOU can implement them into your business today. Register Now!
*PLEASE NOTE: The 2-for-1 Early Registration Special is only for Atlanta REIA Members and is limited to spouses, adult children and corporate partners. Non-Members who join Atlanta REIA between August 1st through August 10th, 2017 can attend the workshop for FREE as new members and can bring a qualified guest. Also, Atlanta REIA Members who renew their membership for an additional year between August 1st through August 10th, 2017 can attend the workshop for FREE as well. When joining Atlanta REIA or renewing your membership, please indicate that you want to attend the workshop at no charge.
Haves and Wants Meets August 3, 2017 and Every Thursday at 1:30PM
Posted on July 31, 2017 byThurs, August 3rd at 1:30PM
5 Seasons Brewing, 5600 Roswell Rd, Sandy Springs
Hosted by Joe Thompson
Haves and Wants is a weekly investor networking and deal making lunch meeting hosted by Joe Thompson and held every Thursday at 5 Seasons Brewing at the Prado from 1:30 PM till approximately 3:00 PM. This group has been meeting for over 9 years and is all about networking, sharing information, doing deals and making money right now. Be sure to bring lots of your business cards and flyers and be prepared to promote your business and/or your haves, wants and deals with our group. If you are a real estate player or want to be, this is one weekly meeting you don’t want to miss!
5 Seasons Brewing is located at 5600 Roswell Rd (map) inside the Perimeter at the “Prado” in Sandy Springs. The all natural, organic food at the 5 Seasons is excellent and the hand-crafted beer is even better! Come out and eat, drink, network and share your deals with us! There is no charge to attend this meeting for Atlanta REIA Members or guests. Please come early and stay late. We would love to have you!
Atlanta REIA Members & Guests, Please RSVP on Meetup.com
Smart Home Technology Workshop on August 19, 2017
Posted on July 26, 2017 byTechnology Workshop
Learn How You Can Prepare Today’s Rehab with Tomorrow’s Technology
A Full Day Workshop with Don DeRosa
Sat, August 19th 9AM-6PM
1960 Skylar Hill Dr, Ste D, Buford, GA
Are you flipping houses? Why not make them “Smart” like a High Tech Rehabber?!?
Smart home technology is not a passing trend. As we rely more on mobile devices, different industries are creating ways to communicate with them. Imagine a home experience where the only remote you need is your smart phone. Turn lights on and off, monitor home security cameras, close or open window shades, or know what’s in the fridge, all from your phone.
Logistically this next step makes sense. The homeowner is the user in this case, and the user experience should be seamless and easy to use. Integrating existing tech, smart home components give the user faster access. In some cases, smart home technology eliminates the anxiety around leaving for long periods of time. A property may be unoccupied, but it takes no time out of your own schedule to create the illusion of a presence at that location.
Come see Don on August 19th at 1960 Skylar Hill Dr, Ste D, Buford, GA and Don will share with you these techniques and more! Few companies offer a complete smart home system. There has been more user familiarity around individual components like Alexa by Amazon and the Ring System for home security. Don will teach you what the pros and cons are and what the estimated cost of it all can be.
Come To This Workshop and You Will Learn:
- What Devices to Buy, Guide and Review
- How to Setup and Install Step by Step
- The Best Smart TV and Lighting Systems Guide and Review
- Apps for Apple and Android Users that work with these Products
Don will go through comprehensive reviews, examining the pros and cons, of the following Smart Home applications::
- Arlo Camera System Setup and Installation Tutorial
- Harmony TV Guide
- Ring Doorbell System Guide
- Alexa by Amazon
- August Home Smart Lock System Review and Installation Guide
- Nest Thermostat Guide
- Introduction to Samsung Smart Products
- Smart Garage Door Tech Ideas
- Voice Controlled Light Switch Technology
- Bluetooth Light Bulb Technology for color therapy and audio
It’s the small things in an average day made easier. These minor changes can improve your chances of selling faster. The best part is that many of these smart home options don’t need to be hard wired.
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: Location and schedule subject to change. Pricing is per person. No refunds 5 days prior to event. Register before early registration expires to save big time!