Atlanta Real Estate Investors Alliance Blog
Let’s Make a Deal on March 22, 2017 at 6:30PM
Posted on March 20, 2017 byLet’s Make a Deal!
with Don DeRosa & Barry Beers on March 22nd @ 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 Don, Barry and any guest panelists 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.
Also, if your deal is a poor or marginal deal, Don, Barry and the attendees will discuss how to restructure and renegotiate the deal to make it a more marketable and sellable deal. As the deals are analyzed and pre-screened, you will learn how other investors evaluate deals, determine as-is and after repair comps, estimate repairs, etc. So in addition to actively doing deals, this is a learning event as well.
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:
Let’s Make a Deal on Wed, March 15, 2017 at 1PM
Posted on March 13, 2017 byLet’s Make a Deal!
with Don DeRosa, Barry Beers & Guest Panelists on March 15th @ 1PM 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:
Haves & Wants Meets March 16, 2017
Posted on March 13, 2017 byThurs, March 16th 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 6 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
Atlanta Intown Investors Club Meets on March 16, 2017
Posted on March 13, 2017 byThis Group is All About Doing Deals!
Mar 16th, 6:30PM at Wrecking Bar Brewpub
Bring Your Deals, Biz Cards & Flyers
Atlanta REIA Members & Non-Members Welcome!
The Atlanta Intown Investors Club is an Atlanta REIA Subgroup led by Maggie Groholski that meets on Thursday, March 16th at 6:30PM at the Wrecking Bar BrewPub in Atlanta, GA. Our mission and focus is to provide an open forum for real estate investors and industry professionals to network and have direct access to hot real estate deals. The format for this meeting is totally member-centric. It’s content and value is derived from our members and guests actively participating and networking with each other during the meeting.
This meeting is all about transacting and doing deals. You will have the opportunity to pitch your properties, products, and services; voice your real estate haves and wants; and participate in open discussions of real estate questions and concerns. We will not be pitching products from the front of the room. We will strive to remain a forum for investors to do deals and learn and seek advice from your peers and trusted industry professionals. The more you attend and participate, the more deals you’ll do and, the smarter we all become.
Meetings will be held on the 3rd Thursday of each month from 6:30PM – 9PM in the Cellar Room of the Wrecking Bar BrewPub located at 292 Moreland Ave NE in Atlanta, GA. Dinner will be available to order as well as a wide variety of beers and cocktails. Join us for the meeting as well as dinner to support the brewpub. Stop by the valet station for COMPLEMENTARY Valet Parking or COMPLEMENTARY Parking Passes to park across the street
Atlanta REIA Members & Guests, Please RSVP on Meetup.com
Learn All About Creative Deal Structuring at BIG on March 20, 2017
Posted on March 13, 2017 byCreative Deal Structuring!
with Leslie Mathis on Mon, Mar 20th at Hudson Grille in Sandy Springs
Join us at the Beginning Investors Group on Monday, March 20th at 6:30PM at the Hudson Grille located at 6317 Roswell Rd in Sandy Springs, GA, with Leslie Mathis and learn all about how creative deal structuring can help you generate more profits for your real estate investing business.
When you find a seller with a real estate problem that you can’t solve by buying for cash at a discount, Creative Deal Structuring gives you many more tools in your toolbox for you to solve their problem…giving YOU more ways to PROFIT! Leslie will share with you those tools.
You’ll learn:
- 4 Different Deal Structures
- What you must get from your motivated sellers to structure deals that will solve their problems
- 3 Ways You Can Make A Profit Using Creative Deal Structures
- And answers to your questions and much more!
Leslie began her real estate career when she found herself broke and living in her parents garage after following the traditional path of “get a degree (she got two), get a job, and live the American Dream” failed her. With no money and no cred, she had to find a way out of her situation. When she was introduced to buying real estate without using her own money or cred, she embraced Creative Deal Structuring with a passion and was able to leave her job shortly thereafter. Leslie has never looked back, using Creative Deal Structuring to build financial freedom for herself. She wants you to know that you can do it too!
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.
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 Snellville on March 21, 2017
Posted on March 13, 2017 byHands-On Learning “Onsite” at Real Renovation Projects
Tuesday, March 21st at NOON
3773 Lamar Way, Snellville, GA
Please join us on Tuesday, March 21st 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 meeting will be held at a new renovation project located at 3773 Lamar Way, Snellville, GA. Come see how we are going to turn this
subject-to, fire damaged home into a profitable rehab deal.
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
Learn to Buy, Sell & Hold Real Estate Tax Free at EPIC on March 21, 2017
Posted on March 13, 2017 bywith Scott Maurer of Advanta IRA
March 21st, 6:30PM, Flat Creek Country Club
100 Flat Creek Rd, Peachtree City, GA 30290
Come Join Us for COMPLIMENTARY Appetizers!
The mission of the EPIC Group is to provide a platform for success in Real Estate Investing through Education, Properties, Income and a Community (EPIC) of like minded investors. EPIC is held on Tuesday, March 21st at 6:30PM (3rd Tuesday) at the Flat Creek Country Club located at 100 Flat Creek Rd, Peachtree City, GA.The EPIC Group is hosted by successful real estate entreprenuers Donna Littleton, Broker & Co-Owner of Solutions Realty Network, and her husband Chris Littleton. There is no charge for Atlanta REIA Members and currently no charge for non-members as well.
This month’s speaker is Scott Maurer, Director of Business Development for Advanta IRA. Scott is also a licensed attorney. He is a frequent speaker on the topic of self-directed IRAs and has been in the industry since early 2006.
Scott will be covering:
- Why invest in real estate in an IRA
- Private Lending with SDIRAs
- CHECKBOOK Control with Your IRA
- Different ways to structure your purchase in the IRA
- How you can use other people’s IRAs to fund your deals
- And more including answers to all your questions!
Come Out on Tuesday, March 21st and every 3rd Tuesday of Each Month. You are sure to meet some great individuals and make lasting connections that will help propel your business in the right direction. We look forward to seeing you there!
Meeting Agenda*
- 6:30PM: Networking, Haves and Wants & Introductions
- 7:00PM: Information, Upcoming Events & Market Update (Chris & Donna)
- 7:20PM: Main Presentation with Special Guest Speaker
- 8:30PM: Closing Comments & Last Minute Networking
Creative Deal Structuring Workshop with Leslie Mathis on April 1, 2017
Posted on March 13, 2017 byJoin us at the Creative Deal Structuring Workshop on Saturday, April 1st from 9:00 AM to 5:00 PM at 3525 Piedmont Rd NE, Bldg 5, Ste 100, Atlanta, GA with Leslie Mathis where she will show you how to structure real estate transactions using little or none of your own cash and credit. When you find a seller with a real estate problem that you can’t solve by buying for all cash at a discount, Creative Deal Structuring gives you many more tools in your toolbox for you to solve their problem… giving YOU more ways to PROFIT!
At the workshop, you will learn:
- Different Deal Structures Defined And Explained
- 3 Ways You Can Make A Profit Using Creative
- Deal Structures
- Testing Your Sellers For Motivation And Flexibility
- Collecting And Evaluating Your Numbers
- Structuring Your Deals For Maximum Profit
- Interactive Learning Gives You Best Environment
- To Practice What You’ve Learned
- Real-Life Examples You’ll Be Amazed By!
- Answer your questions and more!
Come spend the day with Leslie Mathis on Saturday, April 1st and learn creative ways to buy properties other than paying all cash. Register Now & Save!
PLEASE NOTE: Early registration expires on Wednesday, March 29th at midnight. You can join Atlanta REIA at http://membership.atlantareia.com and save on tuition fees.
Learn How to Raise Private Money to Fund All Your Deals on March 25, 2017
Posted on March 13, 2017 byLearn How to Borrow All the Money You Need, For All the Deals You Have!
3125 Presidential Pkwy, Atlanta, GA
Hi, my name is Don DeRosa and I am a full time real estate investor who uses private lenders to fund all my cash and creative real estate investment deals. On Saturday, March 25, 2017 from 9AM to 6PM at 3125 Presidential Pkwy, Atlanta, GA, I am teaching a Private Money Workshop to teach you how you too can raise all the private money you need to fund your deals. Register Now!
So why are private lenders so important to my real estate investing business? Because using private lenders gives me the flexibility and the speed to grab up deals other investors have to pass on.
Here are just a few good reasons to use private money to fund your deals:
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Having private lenders allows you to close quickly. If I had to close on a house today I could have a certified check for $25,000 within two hours. Why? Because I have private investors ready, waiting, willing and able to send me a check at my call. If I didn’t do that, I’d have to pass on a lot of deals because I wouldn’t be able to find the money fast enough. Even if you’ve got bank financing lined up, you can’t close as quickly as you can with a private lender.
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You can buy houses that the banks aren’t willing to finance. If a house needs a lot of repairs, banks will not lend on it. Let’s face it, banks are picky! Recently one of my buyers was rejected for a bank loan on one of my houses because the house didn’t have carpeting. I had to go put carpet in it so we could close. A private lender doesn’t have to operate by the same narrow policies.
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You will not survive the cash-flow game if you use your own money. Like it or not, it takes money to make money. If you depend on using your own money, sooner or later you’re going to run out. You never need to run out of private lenders!
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You can make all-cash offers more readily if you have private money. And that means you can get the houses at a huge discount. You can say: “Look, I’ll pay you cash and I’ll close quickly, but here’s my cash price. Take it or leave it.” And your competitor? He comes to the same seller, saying: “I’ll buy your house, but I want you to do owner financing. And let’s spread it out over five years. I’ll give you cash some now and some later.” Which investor do you think is going to get the deal? I am, because I’ve got cash in hand!
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Exit strategies will be much quicker and more profitable, because you can make better offers. If you can buy a house subject to the existing financing and only bring $10,000 to the table, you’ll have your choice of exit strategies. It’s not your money, so you don’t have to get out of the deal as quickly. You can hold on to it for a month or for twelve months. It doesn’t matter, because it’s not your money.
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You can negotiate more flexible terms with private lenders You’ll pay less than you will if you borrow from a bank or other money lender. You can negotiate simple interest instead of compound interest, or you can make one payment at the end instead of paying every month. And you can negotiate the amount of time you have the money.
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You can take on more loans if you borrow from private lenders. If you use bank financing, at some point you’ll be told you’re maxed out and you can’t take out any more loans. And that limits your income. With private lenders, you don’t have that limit.
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You avoid closing costs by using private lenders. Have you ever seen a HUD statement from a person that got conventional financing? The fees on that HUD statement are astronomical. When I do a subject-to loan with a private investor, my average closing costs are about $1,100 regardless of the size of the loan. All I’m paying for is my attorney, some recording fees, and title insurance. That’s it!
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No credit report is required with private loans. Even better, not one of these loans shows up on your credit. And that means you can buy higher-priced homes, and more of them. Meanwhile, your credit becomes squeaky clean, which helps you in other parts of your life. I buy ten or more pretty houses every month. None of them are on my credit. I could buy a hundred a month if I had that many houses coming at me, and if I had the funds available.
Thank You for Attending the ACT / REACT Workshop
Posted on March 13, 2017 by
We wanted to thank everyone who attended the ACT / REACT Workshop with Jon & Stephanie Iannotti this past Saturday. We also wanted to give a BIG THANKS to Jon and Stephanie for coming to Atlanta and spending so much time with us. It was a PHENOMENAL EVENT!
We got such good feedback and every one learned so much about how to structure creative deals as well has how to do the deal when the seller wants full price and all cash. I think everyone’s favorite part of the event was listening to Jon talk to sellers live and make deals happen right there in class.
Many of you took advantage of purchasing Jon and Stephanie’s home study course on the ACT / REACT Strategy. However, a few of you didn’t because of the lack of a payment. It came to our attention after the event was already over, that Jon & Stephanie forgot to mention that we do have payment plans available for their training products and can do a two or three payment plan with you. Jon & Stephanie have agreed to honor the special Atlanta REIA pricing for the remainder of this week so you take advantage of a payment plan.
For more info on Payment Plans for the Iannotti’s ACT / REACT System, please call Chrissy at (678) 701-7160.
The ALL NEW Let’s Make a Deal Group Meets on March 8, 2017
Posted on March 7, 2017 byLet’s Make a Deal!
with Don DeRosa, Barry Beers & Guest Panelists on March 8th @ 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 3-5 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.
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:
The Profit Newsletter March 2017 Edition
Posted on March 6, 2017 by
The March 2017 Edition of The Profit Newsletter, the official newsletter of the Atlanta Real Estate Investors Alliance, is now available for download. There are 52 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.
