Atlanta Real Estate Investors Alliance Blog

Mon, May 16th @ 6:30 PM – Hudson Grille, Sandy Springs, GA
The Beginning Investors Group
Credit Restoration And How It Really Works!
with William Crowley (AKA “The Credit Man”)
Atlanta REIA Members Can Attend at No Charge.
Guests Pay $15 Online or $20 at the Door. RSVP Now!

William CrowleyCome join us at BIG on Monday, May 16th at 6:30PM at Hudson Grille located at 6317 Roswell Rd in Sandy Springs, where long time credit restoration expert, William Crowley, will be our special guest speaker.

William is an honorably discharged Marine and the owner of Complete Care Financial Services which has specialized in providing Credit Restoration Assistance to real estate investors, agents and other real estate professionals and their clients since 1999.

After getting fed up with all the misinformation from the Credit Reporting Agencies and all the hype from so called “Credit Repair Companies”, William created a powerful, yet simple, proven 4-Step Credit Restoration Formula that you can put to use immediately to start removing negative items from your credit reports or those of your clients.

During his presentation, William will teach how to use the Fair Credit Reporting Act to greatly benefit yourself, your family and your customers by deleting negative entries off their credit report in as little as 30 days. Negatives such as bankruptcies, tax liens, student loans, late payments, collections, repossessions, foreclosures, charge offs and much, much more.

RSVP Now!

Atlanta REIA Members Please RSVP on Meetup.com
Atlanta REIA Members Please RSVP on Meetup.com

You will learn:

  • William’s 4-Step Credit Restoration Formula
  • How to delete negatives off your credit report and dramatically increase your credit score for the cost of a postage stamp.
  • How to get tax liens, student loans, late payments, collections, repossessions, charge-offs and even foreclosures and bankruptcies removed from your credit reports due to the Credit Reporting Agencies’ incompetence.
  • How to use a Cease and Desist Letter to stop harassing calls from Collection Agencies.
  • How to use the Fair Credit Reporting Act to your advantage.
  • How to settle accounts with Collection Agencies the right way.
  • Any much, much more about Credit Restoration…

RSVP NOW and come learn about bettering your credit score, your clients and your tenant/buyers to unleash your investing business. Seating is limited!

Late Nite Networking After BIG Meeting

Hudson GrilleAfter the conclusion of the Atlanta REIA BIG Meeting (after 9:00PM), we will be hanging out at the Hudson Grille for Late Nite Networking also known as the “Meeting After the Meeting”. Stick around, have some dessert, a drink, network and have fun with like-minded investors and real estate professionals as we hang out late into the night!

Event Agenda*
6:30 PM: Networking, Haves and Wants & Introductions
7:00 PM: Information & Upcoming Events
7:30 PM: Prizes and Giveaways
7:35 PM: Main Presentation with Special Guest Speaker, William Crowley
9:05 PM: Closing Comments & Late Nite Networking

*Please Note: Meeting agenda is subject to change.

About the Beginning Investors Group (BIG)

Beginning Investors GroupBIG is an educational and networking special interest group, hosted by Dustin Griffin 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 start investing again. The entire purpose of this group is to educate and inspire new investors working on their “first deal” and help new again investors get their “next deal”. Please join us on the 3rd Monday of each month at Hudson Grille located at 6317 Roswell Rd in Sandy Springs.

RSVP Now!

Atlanta REIA Members Please RSVP on Meetup.com
Atlanta REIA Members Please RSVP on Meetup.com

See Atlanta REIA Events Calendar for More Events!
Tue, May 17th @ Noon in Atlanta, GA
The Onsite Renovation Group
Hands-On Learning “ Site” at Your Real Renovation Projects
Tuesday, May 17th at NOON
5575 Miller Grove Rd, Lithonia, GA

Rock ShukoorThis month, on Tuesday, May 17th at Noon the Onsite Renovation Group will be meeting at a home of “Rock the Investor” located at 5575 Miller Grove Rd, Lithonia, GA. Come join us and have your renovations questions answered by one of the most prolific investors in Atlanta. Lynn and Rock will show you the secrets of how to make maximum profits from your flips.

Lynn OverallThe Atlanta REIA Onsite Renovation Group (ORG), hosted by Lynn Overall, 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 pay only $20 at the door.

Atlanta REIA Members Attend for NO CHARGE and Guests for $20 at the door.
Guests can join Atlanta REIA for Only $100/year and Attend for NO CHARGE!

Atlanta REIA Members Please RSVP on Meetup.com
Atlanta REIA Members & Guests, Please RSVP on Meetup.com

See Atlanta REIA Events Calendar for More Events!
Tue, May 17th @ 6PM – Peachtree City, GA
Atlanta REIA EPIC Group
Come Discover the EPIC Group
with Chris & Donna Littleton
May 17th, 6PM, Flat Creek Country Club
100 Flat Creek Rd, Peachtree City, GA 30290

Come Join Us for COMPLIMENTARY Appetizers!

Atlanta REIA EPIC GroupThe mission of the EPIC group is to provide a platform for success in Real Estate Investing through Education, Properties, Income and a Community of like minded investors. A place to Network and Learn the pathway to success in real estate investing through different monthly topics presented by experts inside the real estate industry.

The meeting will be held on Tuesday, May 17th at 6PM at the Flat Creek Country Club located at 100 Flat Creek Rd in Peachtree City, GA. This will be a great opportunity for you to network with other like-minded investors and to learn all about buy and hold investing. 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!

Atlanta REIA Members Please RSVP on Meetup.com
Atlanta REIA Members & Guests, Please RSVP on Meetup.com

EPIC Meeting Agenda*
6:00PM: Networking, Haves and Wants & Introductions
7:00PM: Information, Upcoming Events & Market Update (Chris & Donna)
7:20PM: Main Presentation
8:30PM: Closing Comments & Last Minute Networking

*Please Note: EPIC Meeting agenda is subject to change.

See Atlanta REIA Events Calendar for More Events!

Don DeRosaWhen you come across a lead, do you know how to look at the information, analyze it and determine what to do with it from there? There is nothing worse than losing a deal because you didn’t know multiple ways to structure the deal and how to present multiple offers to the seller. Would you like to learn multiple ways of how to structure each deal you are considering buying? This is exactly what Don DeRosa will teach you how to do at the Creative Deal Structuring Workshop we recorded on Saturday, March 26th, 2016.

At this workshop, you will learn about…

  • How to become a transaction engineer
  • How to be a problem solver to create win-win deals for everyone
  • How to take a lead and come up with multiple ways to structure the deal
  • How to install and use Don’s Easy Offer Maker software on your Mac, PC, tablet or smart phone
  • And much, much more!

FREE BONUSES

Creative Deal Structuring ManualIn addition to all this great information, Don will also be giving all attendees additional bonuses valued at over $1000 you will not want to miss!

  1. Don’s Patented Easy Offer Maker software (Normally Sells for $397)
  2. Red Light, Green Light eBook – Use in conjunction with Easy Offer Maker software to tell you what numbers you need to be paying attention to
  3. Don’s Creative Deal Structuring Course (Normally Sells for $697)

Don’t miss this great opportunity to learn about creative deal structuring from an expert real estate investor who lives right here in your backyard! You will get back more than double your cost of tuition! Don’t let this one-time offer pass you by!

Click here to Purchase the Creative Deal Structuring Workshop 2016 Replay. Read More→

Wed, May 4th @ 6PM – College Park, GA
Atlanta REIA South & The Multi-Family Investing Group
How To Be the Bank!
with Special Guest, Michael Ventry
May 4th, 6PM, Club E Atlanta
3707 Main Street, College Park, GA

Mike VentryThis month at the Atlanta REIA South / Multi-Family Commercial Investing Group, on Wednesday, May 4th, we are excited to announce that Michael Ventry, Business Development Specialist with Advanta IRA Administration will be our special guest speaker. The meeting will be held at 6PM at Club E Atlanta located at 3707 Main Street in College Park, GA. Mike will be talking about how to use your IRA to fund real estate projects and earn tax-free passive income.

Have you ever thought about being a private lender but don’t know enough about how it all works in order to make an informed decision? Mike is here to help shed some light onto the subject for you. During his presentation, Mike will be discussing the various types of loans that his company has seen their clients make out of their IRA accounts as well as all the benefits that come along with being a private lender.

Mike will also talk about…

  • Non-Recourse Loans
  • Disqualified Persons
  • Potential Pitfalls of Private Lending
  • Examples of Transactions Executed by Advanta Clients
  • And much, much more!

Mike has over a decade of experience in the mortgage banking industry. He has an exceptional background in providing superior customer service and communication to his clients. Mike holds an MLO license with the federal and State of Georgia Departments of Banking and Finance. IN his current role, he assists new clients and investors by providing them with the education and knowledge to learn about self-direction. Mike is also a frequent attendee at real estate (and non-real estate) networking groups that meet in the area.

You definitely do not want to miss this meeting and learn from Mike Ventry and hear all about how to earn the big bucks by “being the bank.” There will be a lot of learning and great networking. Make sure to bring your business cards and deals to discuss.

We look forward to seeing you at the meeting!

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.

There is currently a $15 cover charge for everyone who attends the meeting which is payable at the door and includes a light meal. Get there at 6PM to eat and network before the meeting begins. There will be lots of learning and lots of networking. Make sure to bring your deals and your haves, wants, and needs to the meeting. See you there!

Atlanta REIA Members Please RSVP on Meetup.com
Atlanta REIA Members & Guests Please RSVP on Meetup.com

See Atlanta REIA Events Calendar for More Events!
Download The Profit Newsletter for May 2016 (PDF)
The May 2016 Edition of
The Profit is Available for Download!

The Profit Newsletter - May 2016The May 2016 Edition of The Profit Newsletter is now available for download. There are 54 pages this month full of upcoming meetings, workshops, 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.

Download The Profit Now!
High Quality PDF / Low Res PDF / The Profit Archives

Paul RossanoWith a degree in finance and over 15 years of experience investing in real estate, I thought I knew how to structure my cash flowing investment deals correctly, but I didn’t, and chances are, neither do you.

Most investors know how to calculate returns, but very few understand how to quantify and minimize the risk in their deals, which can (and usually does) destroy their chances of creating long term success.

I was one of the many investors (99% in fact) who thought I knew how to structure my deals correctly when I actually did not. Then I discovered The Wealthy Code and it changed everything for me, just like it has for hundreds of other investors all over the country.

So what makes The Wealthy Code Workshop different from any other training out there? Well, A LOT! Here are just some of the things you’ll learn (AND PRACTICE) when you attend this training: Read More→

Leads, leads and more leads. No matter if you plan to wholesale, fix and flip, fix and rent, subject-to, owner finance or anything else involving real estate you must have leads. Some may agree with this statement and some may disagree but any time I needed anything in real estate, it was resolved by simply finding a great lead/deal.

I have heard investors and newbies alike say that they need to find financing or private money before finding a deal. While financing is important it cannot be put to work without a deal. I would argue that it is easier to find financing than it is to find a great deal. In fact, if you think you have a real deal and can’t find financing you may not have a good enough deal. Or it is possible you may not have the experience some lenders require. If this is the case and you really do have a deal there are investors out there that will partner with you. If it is your first investment it may be wise to partner with someone. Partnering with a veteran real estate investor can be invaluable. You will be making him/her money so they will be more willing to answer the hundreds of question you have been wanting to ask. Another way to tell if you have a great deal is if investors are requesting to take the deal off your hands. Sometimes when I’m approached to partner or lend on a deal, and it is a no-brainer of a deal, I ask if they would be willing to wholesale. I’ve always said, “You don’t ask, you don’t get.” It is always worth asking. Read More→

If you want to get the most out of your retirement, we have three words for you: knowledge is power. No, we’re not talking about any sort of “inside” knowledge when it comes to investing, or any sort of illegal tips and tricks. We’re talking about real investing knowledge: knowledge about the different types of accounts and investments you have available to you, and how to use those accounts and investments to the best of your ability. And one of the most important things for people to learn is how to use their Real Estate IRA in the best way possible.

Why a Real Estate IRA? Because self-directing this type of IRA allows you to utilize some amazing things that you simply can’t get when you invest in other types of accounts and asset classes. With real estate, you’ll be able to tap into your experience with this asset class…and possibly even get a lot of value out of it if this is your first foray into the world of real estate. How is that possible? Well, knowledge is power. Here are some tips and strategies for getting the most out of your Real Estate IRA. Read More→

BIG Reminder:  Follow up, follow up, follow up is crucial for capturing real estate deals!  What makes any deal is a Motivated Seller.  There are 13 main Seller motivators such as a vacant home, in pre-foreclosure, loss of job, job relocation, etc.  But how do we know when the “price” of the pain of home ownership becomes more than the price they want for the house?  How do we know when they’ve reached that tipping point, therefore agreeing to take a discount to allow an Investor to purchase the property and make a profit?  You guessed it….we follow up. 

Over 1 year ago, I was tracking a pre-foreclosure vacant home and I went to the next door neighbor to find out if they knew where the sellers moved.  During my conversation, I was informed that they hadn’t seen the neighbor in years and really didn’t even know them.  The couple I was talking to was an elderly couple who owned their home free and clear.  I asked them if they were interested in selling their house and John told me that he and his wife just might sell it at the right price; however, he and his wife were going to the doctor’s and he would call me to talk about the home and set an appointment to see inside.  I also got his telephone number so I could follow up in case he didn’t call me.  My first thought was whenever I hear the Seller say “at the right price,” that they always want more than what the house is worth and/or retail value.  I did ask John what the “right price” was and he replied again that he will call me back.  Read More→

“The building art is man’s spatial dialogue with his environment and demonstrates how he asserts himself therein and how he masters it.” ~ Ludwig Mies van der Rohe

Many apps I use are in lieu of something else, whether that be a tape measure or an architect’s blueprints. The RoomScan Pro seems to have replaced a lot of the physical tools needed to plan furniture placement, estimate how many gallons of paint or just to showcase a very simple to follow floor plan. It’s been helpful for prospective buyers to look at before they arrive at the open house. The app has its uses. For my own purposes, it saves me a lot of time trying to locate the original floor plan or determine whether a piece of furniture I want to use in the staging will fit in the room.

RoomScan Pro uses the iPhone’s accelerometer and additional sensors to map out the room. The app also has an option to create a whole floor plan. For me, in general, mapping out a single room works best. It charts the distance between walls in the room and then the end result is a clean illustration of what the app thinks the room dimensions are.

To get the best use out of the app you’ll need to buy the premium version. There is a free version but it is limited. I have my location settings activated so there’s no need for me to enter my location when I come to a new property. Tap on a named location like the street address and it will send you to the next step to create a “new room” with the app. You can name the room. If you’re doing the whole floor plan you don’t want to leave this blank. You can also name the floor you are on as well. By the end you will have a well-labeled illustration at the end, and it’s easier to navigate too. Read More→

In the last 15 months, thousands of TILA rescissions have been filed across the country. As a result we are finally seeing the patterns in how the banks are responding to rescissions. In case after case, the banks are obfuscating. They try to intimidate homeowners and confuse the courts into ignoring the clear letter of the law; that rescission is effective upon mailing as a matter of law. While they keep up this charade in the courts, they refuse to admit to federal regulators the risks posed by these wrongful foreclosures and the mortgage backed securities swindle as a whole.

First let’s clarify a few things about rescission. Whether disputed or not, a rescission is effective at the time it is mailed as a matter of law. It doesn’t matter what a judge WOULD rule if a challenge is filed by a party with legal standing. The rescission is valid until a party with legal standing can prove through a lawsuit in federal court that it should be vacated within the 20 day window.

Servicers will rarely try to dispute that the rescission happened, but will argue that it is not effective. First they usually send a letter to the homeowner stating that the rescission is invalid and they will not honor it. If the homeowner (correctly) challenges this, the bank will try to get a judge to ignore the law through motions that allow the bank to avoid having to prove actual facts in a lawsuit to vacate the rescission. The bank is trying to get the court to agree to the premise that the disclosures made at the time the loan was made were adequate and that the loan was consummated on the date they allege. All of these are questions of fact for a jury to decide the merits of, not a judge. Read More→