Atlanta Real Estate Investors Alliance Blog
Nothing But Paperwork Workshop Replay
Posted on July 25, 2016 byHow To Properly Complete Real Estate Investor Contracts & Paperwork
Are you ready to take the fear out of doing the paperwork to complete a real estate transaction? Do real estate contracts and paperwork scare the daylights out of you? Do you wish you had a better understanding of how to fill out all the paperwork that comes with being a real estate investor for each and every deal you do? We have the solution to your problem!
During this live workshop recorded on Friday, June 3rd, 2016, we will teach you how to be a paper pushing real estate pro. We are going to show you how fill out all the paperwork that you use on a daily basis to become a real estate investor and more importantly, a “transaction engineer”.
Paperwork like:
- Purchase and Sale Agreements
- Authorization to Release Information
- Power of Attorney
- Land Trusts
- Beneficial Interest
- Appointment of Trustee
- Assignments
- Leases
- Options
- Disclosures
- And many other documents that you will use on a daily, weekly, or monthly basis depending on the kinds of deals your doing.
Here are some things that you will learn:
- How to fill out all the documents needed to protect yourself from potential legal issues
- How to explain each paragraph to your sellers, your lenders, and even your buyers so everyone is informed and comfortable with the paperwork
- How to write in the financing terms – the payment structure, who’s paying closing cost, who’s doing the home inspections, what the closing dates are, and who is the closing attorney
- What steps need to be taken when someone defaults on an agreement
- What paperwork needs to be notarized
- What paperwork needs to be filed at the courthouse and what paperwork is private that nobody sees
- What kind of disclosures you have to offer, such as:
- Seller Disclosures
- Lead-based paint
- Asbestos
- Radon
- Agency disclosures
We are also going to show you how to take all of these mounds of required paperwork that you will use on a daily, weekly, and/or monthly basis and put it all in the palm of your hands! We will show you how to make the mounds of paperwork into electronic files that can be filled out within seconds versus minutes, hours, or in some cases, days.
We are also going to share with you the 8 things that could blow up your real estate transaction if you are not careful:
- The seller doesn’t have the authority to sell
- The purchase and sale agreement is signed improperly
- The purchase and sale agreement has the wrong or in adequate legal description
- Earnest money is handled improperly
- Allowing the seller to stay in the property after closing without the right possession agreement
- Failure to indicate clearly what the seller gets and what the buyer gets so that everyone understands
- Failure to get all of the initials and signatures to make it a valid sale
- Failing to give proper disclosures
- Not allowing yourself enough special stipulations or out clauses to protect you from losing your earnest money
If you want to take the fear out of filling out contracts and completing the paperwork properly and want to organize and systematize your real estate documents, this is a one day training event you don’t want to miss! We hope you will join us!
Haves & Wants Every Thursday at 1:30 PM in Sandy Springs
Posted on July 21, 2016 byHosted 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!
Buy, Sell, Trade & Network at Atlanta Intown Investors Group with Maggie Groholski
Posted on July 21, 2016 byThis Group is All About Doing Deals!
July 21st, 6PM at Wrecking Bar Brewpub
Bring Your Deals, Biz Cards & Flyers
Atlanta REIA Members & Non-Members Welcome!
The Atlanta Intown Investors Club is a new Atlanta REIA Subgroup led by Maggie Groholski that meets on Thursday, July 21st at 6PM 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.
Atlanta REIA Members & Guests, Please RSVP on Meetup.com
This meting 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 6PM – 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
Learn All About Buying Houses at Online Auctions at Atlanta REIA West
Posted on July 21, 2016 bywith Special Guest Bob Townsend
No Charge for Atlanta REIA Members, Guests $10 At The Door
We are seeing a lot of changes in the way properties are being offered for sale, especially as technology continues to advance, and Auction.com is at the forefront of this movement. At the meeting, Bob will be discussing the benefits of working with Auction.com as an investor. They will also show you Auction.com’s products and services you can benefit from and how to use the Auction.com website.
Come get the inside scoop on how Auction.com can benefit your real estate business and help you achieve your investing goals!
Join us on Monday, July 25th at 6:30pm at The Cherokee Cattle Company at 2710 Canton Rd. in Marietta and let Bob show you:.
- How to find the right foreclosure for you and your budget.
- Tips for using Auction.com to research properties and access due diligence information.
- Opportunities for expanding investments by purchasing REO assets online.
- Commercial investment opportunities
- And Much, Much More
Auction.com offers many products and services for its clients. As an investor, you can benefit from utilizing these resources to acquire deeply discounted properties. Come on out on Monday, July 25th. You are sure to meet some great individuals and make lasting connections that will help propel your business in the right direction. DO NOT MISS IT!
Join us Monday, July 25th at 6:30pm at The Cherokee Cattle Company at 2710 Canton Rd. in Marietta for info that you can’t afford to miss. We’ll have door prizes, networking, learning, haves and wants, and as always, a great time!
Remember to bring your have and wants flyers and business cards to the event. See you there!
Atlanta REIA Members Please RSVP on Meetup.com
*Please Note: West Meeting agenda is subject to change.
The Atlanta REIA West Monthly Meeting is an Atlanta REIA Subchapter led by Leslie Mathis that is held on the 4th Monday of each month at 6:30 PM at the Cherokee Cattle Company located at 2710 Canton Rd in Marietta. The next meeting will be held on Monday, July 25th at 6:30PM. Atlanta REIA Members can attend for no charge and guests for $10. 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.
See you at the meeting on Monday, July 25th at 6:30PM at the Cherokee Cattle Company located at 2710 Canton Rd in Marietta!
After the conclusion of the Atlanta REIA West meeting (after 9PM), you are encouraged to hang around and join us for Late Nite Networking also held at Cherokee Cattle Company. So please come eat, drink, network and have fun with like-minded investors and real estate professionals as we hang out late into the night!
Learn 6 Secrets to Maximize Profits on Every Deal on July 27, 2016
Posted on July 21, 2016 byAKA “The Big O!”
Use to Maximize Profits
On Every Deal
with Larry Harbolt on July 27th
The Beginning Investors Group Online (The “Big O” or BIGO) is an new online educational group that currently meets on the 4th Wednesday at 7PM ET for new investors who are just getting started in real estate investing as well as “new again” real estate investors who’ve taken a few years off and are looking to get back in the game.
We will be bringing in local and national real estate experts to teach new investors how to survive and thrive in our ever changing economy and real estate market. The entire purpose of this group is to help new investors get their first deal and help new again investors get their next deal.
This month, on July 27th at 7PM, Larry Harbolt will be our special guest speaker on how to maximize profits on each and every deal you do. Larry is the nation’s leading expert on creative seller financing. He is also an author, mentor, teacher, and full time real estate investor.
Have you ever wondered how successful investors are continually finding and doing profitable deal after deal? Did you ever ask yourself what seasoned investors look for and what they think about before they ever make an offer on any property? Have you ever thought about what makes a good deal and what is missing from the deals that you don’t want?
Join us on the webinar and Larry will teach you 6 secrets of how successful investors think through every deal they do and how they structure offers in multiple ways to buy any property. He will also show you why “CASH” isn’t always the best solution for every seller and why they may not want All CASH for their property.
Join us on July 27th at 7PM online at GoToWebinar and learn:
- The Key Components of Every Successful Real Estate Transaction
- What Types of Properties Generate the Most Profit
- What Key Questions You MUST Ask Every Seller
- How to Overcome Your Fear of Talking to Sellers
- And Much, Much More!
New Investors, DO NOT MISS THIS EVENT!
TO ATTEND ONLINE: 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.
No Charge to Attend for Members or Guests
Who Attend Online via GoToWebinar.com!
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.
How to Find Your Next Deal at the Beginning Investors Group
Posted on July 17, 2016 byGet Started Finding Deals…
No Bull!
Come join us at BIG on Monday, July 18th at 6:30PM at Hudson Grille located at 6317 Roswell Rd in Sandy Springs, and learn ho to get started finding deal for your real estate investing business with special guest speaker Leslie Mathis.
So you’re new to real estate and want to get started on the right track. What do you need to do to make that happen? My name is Leslie Mathis, aka The Ca$h Cowgirl. When I first started my real estate career, I didn’t know anything else to do but to find a house through a realtor that needed work, put it under contract, go get a bank loan so I could close on it, then rehab it myself to get it ready to go back on the market for sale. That’s exactly what I did, and that first house flip went pretty well. It took about 3 months to complete the process, and we profited around $30,000.
Atlanta REIA Members Please RSVP on Meetup.com
With that first deal, I caught the real estate bug. I was hooked. I was ready to do another fix and flip. Then I quickly realized that those deals aren’t always readily on the market for me to just go pick another on up when I got ready to flip another house. I had to find another way to get more properties to buy and sell, and I needed more ways to buy and sell them. I became increasingly curious about what successful real estate investors were doing and how they were doing it. So I started surrounding myself with their influence and knowledge. I didn’t realize there was so much more to learn. Back then, I simply didn’t know what I didn’t know!
What I’m going to share with you this month at BIG is what I did, and continue to do to be successful in my real estate investing business. I invite you to join me on Monday, July 18th at 6:30PM as I share vital information you need to know to kick off your real estate investing. I’ll be covering things like:
- NO and LOW COST ways to market to get leads
- How to tell if a lead is a good deal or not
- Where to find the good deals
- How to talk with sellers
- What to do to position yourself for success
- And more!
Marketing for leads and finding deals in real estate isn’t so much hard as it is different from conventional thinking. Plan on joining us on Monday, July 18th, bring a friend or family members with you, keep an open mind, and be prepared to take lots of notes. This is one evening you don’t want to miss. See you there!
RSVP NOW! Seating is limited!
Onsite Renovation Group Meets July 19, 2016
Posted on July 17, 2016 byHands-On Learning “ Site” at Your Real Renovation Projects
Tuesday, July 19th at NOON
272 S Howard St SE, Atlanta, GA 30317
Please join us on Tuesday, July 19th at NOON for the Atlanta REIA Onsite Renovation Group (ORG) to learn all about finding, funding, fixing, and flipping houses for big profits. This month’s meeting will be held at 272 S Howard St SE, Atlanta, GA 30317. Come join us onsite and learn how we will turn this house from trash into cash!
The 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 & Guests, Please RSVP on Meetup.com
Movers, Shakers & Deal Makers Meeting is Starting on October 10, 2016
Posted on July 15, 2016 byAtlanta REIA Members & Guests Who RSVP
Below Can Attend at No Charge!
Movers, Shakers and Deal Makers (MSDM) is a BRAND NEW Atlanta REIA networking, deal making, vendor trade show and educational subgroup whose purpose is to provide an open forum for real estate investors and industry professionals to network, exchange information and ideas, have direct access to hot, off market real estate opportunities and to make deals happen!
Our first MSDM Meeting will be on Monday, Oct. 10th at 6:30PM at Hudson Grille located at 6317 Roswell Rd in Sandy Springs. Atlanta REIA Members and Guests who RSVP on Meetup.com can attend at No Charge! Atlanta REIA Gold Business Members can RSVP for a Vendor Table at No Charge as well.
MSDM is all about networking, transacting, learning something new and doing deals. You will have the opportunity to pitch your properties, products and services; voice your real estate haves & wants; and participate in open discussions of real estate questions, concerns and transactions.
MSDM is really 3 Meetings in one, all happening simultaneously!
Vendor Trade Show & Networking – The Vendor Tradeshow, being led by Barry Beers, will be for networking with local real estate professionals and building your dream team. High Top cocktail table and booths are available for vendors who RSVP on a first come, first serve basis. Talk to Barry for details.
Haves & Wants – There will be a full length Haves & Wants and Question and Answers session with Joe Thompson and all who attend. Be sure to bring your property lists and your property flyers, so we can put them up on the big screens. Also be sure to bring lots of business cards to circulate and make many new real estate connections.
Deal Makers Bar – This deal making session, led Don DeRosa and Lynn Overall, along with local, active real estate investors, will be for getting together and transacting with other fellow real estate investors. Unlike Haves & Wants where you simply pitch your deals, this event will be for discussing potential deals in greater detail and making deals happen. Be sure to bring your deals, your questions and your contracts.
Atlanta REIA Members & Guests, Please RSVP on Meetup.com
MSDM is intended to be a “Who’s Who” for local real estate investors and professionals. Will you be there? If so, RSVP Now and be sure to bring plenty of business cards, flyers and contracts.
PLEASE NOTE: All attendees are expected to order food and beverages and to tip the wait staff generously.
The Profit Newsletter July 2016 Edition
Posted on July 11, 2016 by
The July 2016 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.
Options: The Safest & Cheapest Way To Control Real Estate
Posted on July 11, 2016 byLong ago, Kim and I learned that options are an incredibly powerful deal-structuring tool that allows you to control lots of real estate for little or no money…and with very little risk! And here’s the best part: Because so few know anything about options, you have almost no competition!
Simply put, if you are not using options as one of your primary real estate investing tools, then you’re leaving a lot of money and opportunity on the table.
When most folks hear the word “option,” they automatically think lease-options. While lease-options are fairly popular, they are just the tip of the option iceberg.
Options allow you to control a property without the risks associated with ownership. You can control one (or all) of the benefits that come with ownership: income, profit, amortization, growth, use, management and tax benefits.
One of the best things about options is that you can control hundreds of thousands of dollars worth of real estate for less than $100 – and control it for decades. No other document in real estate is this powerful! Read More→
Forget Ownership, Just Control A Property And Make Money!
Posted on July 11, 2016 byAre You Afraid To Buy A Property Because You Can’t Qualify For A Loan Or You Have Less Than Good Credit?
Today I had an interesting conversation with one of my Advanced Life-Line students who confessed that he continues to have great anxiety and fears making an offer to buy a property even if it would be a good deal for him. He always hesitates pulling the trigger and submitting his offers because of his fears. He is really missing out on creating an income stream he really needs as well as being able to create wealth over time.
Being a new Life-Line student he has fears of buying any property where he will have to get some type of financing to pay for the properties he is making offers on. After talking to him about doing the numbers before making an offer to buy any property he felt much better but he still had fears of having to deal with the responsibilities associated with ownership he had never had to deal with. Seeing I wasn’t getting very far explaining how to buy real estate with the least amount of risk I finally decided to talk to him about a powerful way to profit from real estate without having to deal with the responsibilities of ownership, that I still use today. Read More→
Benefits and Types of Passive Investing
Posted on July 11, 2016 bySome people avoid investing in properties due to the amount of time and energy it takes. REIA comps is a great resource to assist you in researching and deciding on a property. After your purchase of a potential property you need to actively care for your investment either by becoming a landlord or managing the property. Real estate investment can be time consuming yet rewarding, and the question is asked, how many properties can one person manage at one time? This is why investors who are looking at diversifying with real estate participate in passive real estate investing.
Passive real estate investing removes headaches for those who don’t want to deal with the day to day issues of property management. There are several different ways you can do this, each with their own set of pros and cons.
One could form a partnership, general or limited, and have the partner take the responsibility of managing the property(s) your partnership purchases. To move through the loophole of having financial backing, I suggest considering working with only one to two people you know and trust. Pooling resources in a partnership allows participants to purchase more expensive properties with less outside funding. However, as suggested you need to trust your partner to take care of the properties and your best interests, and if neither of you are experienced in real estate investing, working with the Support System via REIAComps provides the knowledge you need. Read More→
