Atlanta Real Estate Investors Alliance Blog
Finding Deals without Flapping Your Lips?
Posted on May 1, 2017 byI have been mentoring for many years and have found that my best deals come from actually “speaking” directly to a Seller and working out a win-win situation. Since I first started investing back in 1998, I have not purchased a property directly from the Multiple Listing Service. However, some Investors would prefer not to talk to Sellers and would like to be fed deals from other Investors or from the Multiple Listing Service. We each have different personalities and based on your personality and your personal preferences, I may be talking to you. If this is your mind set, then I would recommend the following:
1) Find at least 2 Realtors that will be willing to set you up to receive listings that are emailed directly to you for your review, along with Expired Listings. You will want them to do a search for some of the following key words: TLC, Handyman Special, Must Sell, Seller Motivated, Short Sale, and REO. Read More→
Why Would Anyone Give Me $100,000 Cash to Invest?
Posted on May 1, 2017 byI think the better question is why wouldn’t someone give you $100,000 in cash? Is it because you would run off with the money? Is it because you have little to no experience in handling that kind of money? Does that thought run through your mind on a regular basis? Well it needs to stop! Focus on the goal and dump the negativity! If you are a crook stop reading this article. The best question to ask is, who will fund my whole project, (the purchase price, the repair costs, the monthly payments, the utilities, the taxes, and insurance) and allow me to make a good profit?
Let me put the quantity of money into prospective. Let me also put into prospective the major two differences between a hard money lender and a private lender.
In the past I thought that $100,000 was a lot of money. Today this amount will buy a nice single family house in a blue collar neighborhood. The house will need to be fixed up and it might be in an area with a less than desirable school system. So, if your business plan is to fix up houses in the price range of $50,000 then sell at the $100,000 this will work. You will be very happy to have a person invest in your project. The project must make sense. The project must make money for the investor/ lender. The investor/ lender is sharing the risk with you. The investor/ lender will want to know that they will be paid back on time and in full with no excuses or late night phone calls. Read More→
The Profit Newsletter May 2017 Edition
Posted on May 1, 2017 by
The May 2017 Edition of The Profit Newsletter, the official newsletter of the Atlanta Real Estate Investors Alliance, is now available for download. There are 50 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.
How to Control Real Estate Without Signing the Dreaded Bottom Line
Posted on May 1, 2017 byThe majority of us have been taught that financing means putting your name on that dreaded bottom line. Be thankful that the time has come for you to learn a new way to play the game of financing. Understand, however that the rules of financing have not changed; you were just not aware of all the rules. I am about to share with you ways to buy real estate without having to jump through credit hoops and debt to income foolishness. Since going to the bank is my least desirable method to finance real estate, I will discuss with you my four favorite ways: owner financing, subject 2 financing, private lending and hard money.
Owner Financing:
Owner financing is my all-time favorite way to finance real estate due to the fact that you get to set the terms of the financing, if the property is owned free and clear. You may be asking yourself, why would someone owner finance a property instead of just selling it and moving on for cash? Well, I could give you all the reasons in the world; however, for the sake of time I will give you the top three reasons: Read More→
The Carrot? Or the Stick? Which Do YOU Prefer?
Posted on May 1, 2017 byIn this article, we’re going to discuss something vitally important that may very well help you understand a LOT about yourself and everyone around you on this planet. Yes, that includes dealing with sellers, buyers, private lenders, and even those alien creatures we love to call tenants. Also-your mother, brother, father, sister, sons and daughters, uncles, best friends and distant relatives.
So You might NOT want to read this article… Unless you want to discover the secrets behind the reasons WHY people DO or DON’T Do the things they do…or don’t do.
It all comes down to TWO things. The Carrot and the Stick.
The CARROT represents something GOOD that we WANT, while the STICK represents something BAD that we DON’T want. Read More→
The Power of Networking
Posted on May 1, 2017 byNetworking is perhaps the most underestimated resource every single investor has. I am constantly amazed at how in a world as interconnected as it is, I am constantly seeing how little we leverage each other to get more deals done. I sat recently and wondered why and came to some conclusions:
- Perhaps we are too ‘competitive’ and don’t want to share our deals
- Perhaps due to some less than ethical behavior, we keep our deals to ourselves and as a result have to work harder to get them moved
- Perhaps we had a bad experience in the past with another investor that has us playing ultra conservative
- Perhaps you believe ‘everyone else’s deals are bad’ therefore you must find your own (common issue)
- Perhaps you have know idea how big your market really is
- Perhaps you are too married to social media (most people who are Buyers want a phone call!)
There are probably several reasons we can come up with that aren’t written down here. The point is all of these above and more keep us from simply reaching out to others, much less doing business with them. Take for example social media. Read More→
Jonathan Henrich
Posted on April 30, 2017 by
Jonathan Henrich was a professional drummer from Philadelphia in his early 20’s. He started his investing career in 2009 investing in paper, stocks, real estate wholesaling, then bought and rehabbed his first rental property in 2012 even after battling a debilitating brain tumor. His interest was piqued by Larry Harbolt who introduced him to a legendary real estate investor in the St. Pete area, he decided to move to Florida in 2012 as part of his recovery and to study under the legends of investing.
He worked alongside Wayne Arnold and Peter Fortunato to help develop the Creative Real Estate Exchangers (CREE) where he has gotten a unique look at the real estate business. He has since authored his first book The Secret Recipe for A Happy Life: Practical Guide to Conquering Fear Depression and Anxiety and spends his time writing, speaking, investing, working on his Tech Start-Up company Jinzi Tech, and enjoying life.
Atlanta REIA Meets on May 1, 2017 on Notebuying with Donna Bauer
Posted on April 24, 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.
We are excited to announce that Donna Bauer will be our special guest trainer this month at Atlanta REIA on Monday, May 1st at 5:00 PM at the Crowne Plaza Ravinia located at 4355 Ashford Dunwoody Rd, Atlanta, GA. Whether you are a conservative investor or a risk taker, buying notes puts you in control of your real estate transactions and your personal wealth planning.
Donna Bauer, nationally known as The Original NoteBuyer®, is one of the nation’s most recognized subject matter experts on Discounted Notes, Seller Financing, and Distressed Mortgages. For over two decades, Donna’s exclusive strategies have produced stunning results regardless of economic conditions.
As thousands of successful investors have discovered, Donna’s approach to real estate investing is brilliantly suited to today’s unique market and the shift toward alternative forms of financing.
During her 90 minute presentation, Donna will teach you how to…
- Create quick cash and long term cash flow with 3 Basic Note Buying Strategies—WITHOUT your own cash or credit
- Evaluate 4 critical areas before buying a note
- Create an ‘ultra safe’ deal, even in a down market
- Buy ‘part of a note’ for super high returns and safety
- Create SMART seller financing for maximum cash out later
- Buy and sell properties WITHOUT ever needing a bank
Plus, you’ll learn how to:
- Use defaulted bank loans as a backdoor to acquiring properties well below market value
- Use defaulted bank loans to create super high yields by modifying the mortgage and allowing the homeowner to stay in the house — a real win/win!
Donna will be quick to tell you that in her life time, she has never seen so many amazing opportunities with notes. With deals galore in the market place and bank financing hard to come by, seller financed notes have once again become the rage. This creates an awesome opportunity in the secondary market to make huge profits without all of the hassles of the proverbial “tenants, trash and toilets,” not to mention without using your own cash or credit. There’s no doubt, buying and selling other people’s seller-financed notes is the quickest, easiest, safest way to CASH IN on today’s fantastic real estate market!
Donna began her note buying career over 25 years ago in search of a vehicle that would offer her financial security without sacrificing cherished time with her four children. Working from her dining room table, as she began closing discounted note deals across the country, she realized that she had found a gold mine! Now, with well over a thousand deals under her belt, her peers consider her to be the foremost subject matter expert on note buying, while her students acclaim her as being a gifted, inspiring mentor.
If you are serious about building wealth in today’s real estate market, you don’t want to miss this presentation! 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!
Atlanta REIA Members Please RSVP on Meetup.com
*Please Note: Meeting agenda is subject to change.
WIN A 4 NIGHT STAY IN CANCUN: All participants who attend the Atlanta REIA Meeting will entered into a drawing for a chance to win a *Complimentary 5 Day, 4 Night Stay in Cancun! *You must be present at the meeting to win. Giveaway does not include dining, transportation, transfers, taxes, upgrades, etc.
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 credit? 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, May 1st from 5PM to 6PM at the Atlanta REIA Main Meeting at the Doubletree 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!
Atlanta REIA Members Please RSVP on Meetup.com
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. When you get there, be sure to look for Joe Thompson who will be leading our Late Nite Networking.
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>>
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>>
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>>
Equitable Consulting – Investors, wether you have a short term or long term plan, “fix & flip” or “buy & hold”, individual units or entire portfolios, Equitable Consulting is your resource at every step. 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>>
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
FundSource Financial
Note Buying Workshop with Donna Bauer on May 20, 2017
Posted on April 24, 2017 byLearn How to Profit on
Discounted Notes, Seller Financing,
and Distressed Mortgages.
Donna Bauer
Join us at the Note-Buying Workshop on Saturday, May 20th at 9:00 AM at 3125 Presidential Pkwy, Atlanta, GA with Donna Bauer to learn how buying notes and discounted mortgages the right way, could put you on a path of financial success. During this full day workshop, Donna will expand on the concepts she was only briefly able to talk about Monday night at the Atlanta REIA Main Meeting.
Donna will teach you specifically how to…
- Create quick cash and long term cash flow with 3 Basic Note Buying Strategies—WITHOUT your own cash or credit
- Evaluate 4 critical areas before buying a note
- Create an ‘ultra safe’ deal, even in a down market
- Buy ‘part of a note’ for super high returns and safety
- Create SMART seller financing for maximum cash out later
- Buy and sell properties WITHOUT ever needing a bank
- Have all of the safety and high returns of a real estate investment without dealing with the tenants, trash and toilets
- Answer your questions and more!
Plus, You will learn how to…
- Use defaulted bank loans as a backdoor to acquiring properties well below market value
- Use defaulted bank loans to create super high yields by modifying the mortgage and allowing the homeowner to stay in the house — a real win/win!
Donna began her note buying career over 25 years ago in search of a vehicle that would offer her financial security without sacrificing cherished time with her four children. Working from her dining room table, as she began closing discounted note deals across the country, she realized that she had found a gold mine! Now, with well over a thousand deals under her belt, her peers consider her to be the foremost subject matter expert on note buying, while her students acclaim her as being a gifted, inspiring mentor.
Come spend the day with Donna at the Note-Buying Workshop on Saturday, May 20th at 9:00 AM – 5:00 PM. If you are serious about building wealth in today’s real estate market, you don’t want to miss this workshop!
*PLEASE NOTE: The 2 for 1 Early Registration Special is for Atlanta REIA Members Only and is limited to spouses, adult children and corporate partners. Early registration expires on Wednesday, May 17th at midnight. Non-Members who Join Atlanta REIA between April 25th – May 17th, 2017 can attend the workshop for NO CHARGE. Also, Atlanta REIA Members who renew their membership for an additional year between April 25th – May 17th, 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 http://membership.atlantareia.com.
7 Ways To Find 7 Deals In 7 Days at Wild West Group on April 24, 2017
Posted on April 24, 2017 by7 Ways To Find 7 Deals In 7 Days
with Rock Shukoor
April 24th @ 6:30PM, Cherokee Cattle Company,
2710 Canton Rd, Marietta, GA
No Charge for Atlanta REIA Members, Guests $10 at the Door.
Whether you’re a new investor or seasoned pro, finding good deals is essential to the success of your business. The ability to find deals is an absolute must, and marketing is the key to doing so! Rock will show you how at our Wild West Meeting on April 24th!
At this meeting, you will learn:
- How to find the owners of vacant properties
- Where to find sellers and then buyers for the same deals
- Where to get your comps from and what is a good comp
- Answers to Your Questions and much more!
Rock has worked as an investor, consultant, mentor and coach in the field of real estate for more than 10 years. He frequently speaks at investment conferences and has been interviewed and consulted by other real estate investors and promoters. He started acquiring properties at age 28, and has become an expert in residential single-family homes. He’s a big believer of multiple streams of income and believes that marketing is the life and blood of your business.
RSVP Now and join us for this Wild West Real Estate Meeting at 6:30pm on Monday, April 24th 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 guests 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 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
Why Wholesaling & Why Now with Mr. Tycoon at BIGOnline.com on April 26, 2017
Posted on April 24, 2017 bywith Mr. TyCoon on April 26th @ 7PM on GoToWebinar
No Charge to Attend for Members or Guests
Who Attend Online via GoToWebinar.com!
Please be sure to join us at the Beginning Investors Group Online on Wednesday, April 26th at 7:00PM ET with Mr. TyCoon will be teaching our members and guests “Why Wholesaling & Why Now?!.
You’ve probably hear that wholesaling houses is all about “finding bargain properties and passing them along to bargain hunters at a great price”. You’ve probably also heard that “you make your money in real estate when you buy”. At the meeting, Mr. Tycoon is going to show you “when you wholesale houses, you make your money – in cash – before you buy!” He’s also going to show you why finding bargain properties is probably the most important skill you can ever possibly learn as a real estate investor.
You’ll learn:
- What is means to wholesale a house
- How wholesaling can be done with very little money, training and absolutely no cred
- How to wholesale houses part time and make a full time income
- And answers to your questions and much more!
Mr. Tycoon will teach strategies that will enable you to…
- Pay off all your debt and past due bills
- Start building (or re-building) your retirement account so you never have to work about running out of money during retirement
- Quit your job and live your life in freedom
- How to get on the fast track to wealth
Wahid Shakur, aka “Mr. Tycoon”, is an internationally renowned Motivational Speaker, Personal Development Coach, Investment Real Estate Guru and Entrepreneur of Success. Mr. Tycoon is legendary for his “tough but fair” deal-making and negotiation skills. His bestselling book, “Success Is Not A Secret, It’s A System,” extracts the lessons he learned on the road to building his successful real estate investment company and personal fortune, and is the “must-have” guidebook to achieving financial and personal success.
Join us on Wednesday April 26th and learn how to get started wholesaling houses or how to take your existing wholesaling business to the next level. You do not want to miss out on this career changing information! We look forward to seeing you at the meeting!
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.
PLEASE NOTE: This is a BRAND NEW Registration Link for 2017. Even if you have registered for BIGO prior to Feb 2017, you must re-register using this NEW Registration Link for 2017 or you won’t be able to attend any of the upcoming BIGO webinars.
Bring Your Deals and Let’s Make a Deal on April 26, 2017
Posted on April 24, 2017 byLet’s Make a Deal!
with Don DeRosa, Barry Beers & Guest Panelists on April 26th @ 6:30PM 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:
