Atlanta Real Estate Investors Alliance Blog
Co-Wholesaling: Legit or Problematic?
Posted on December 7, 2015 byLots of real estate courses out there talk about the subject of co-wholesaling or JV’ing. (Joint Venturing for short) It sounds simple enough. If you are new, work with someone experienced to do business together that seem trustworthy. If you are experienced, work with people you know and trust. You can market their deals for them and hopefully bring them a Buyer. It’s very simple so what could go wrong?
In a word: Everything
If there is one topic that I think is one of the most scathing I hear from Buyers, it’s co-wholesaling. It ranks right up there with off base renovation estimates. How can something so simple be so problematic?
Let’s take a look at the issues so you can see how to avoid these pitfalls and have more success with this underutilized subject. This is a simple subject as long as you get it right. Read More→
Focused Investors
Posted on December 7, 2015 byEntrepreneur’s minds go a hundred miles an hour in many directions. This can be great at times and at other times not so great. In the case of real estate investors, it tends to be the latter. Real estate investors have a habit of learning how to make money in one aspect of real estate investing and then another and then another etc.
Before the investor realizes it, he/she is just doing what comes easiest and not considering the most profitable exit strategy. Or worst, the investor has not fully learned one strategy and is not maximizing profit. How can you solve this issue? FOCUS!
Investors usually progress in the following order: bird dog, wholesaler, flipper, landlord, and lender. This is not mandatory but it tends to be a natural progression for many. At the beginning bird dog will usually only bird dog because it is all they know how to do. Naturally, by being in the real estate investing community, they begin to learn how to wholesale.
At this point, the wholesaler will still be pretty focused but then he/she begins to buy-fix-sell properties. This is where it gets tricky. Should the investor wholesale a property he/she finds or invest in the property himself/herself. This question comes up every time the investor puts a property under contract.
Then after a few homerun deals the investor decides it is time to begin keeping a few homes as rentals. A few months go by and now the question to wholesale, fix-sell, or fix-rent begins soon after placing a property under contract. Read More→
Long Term Benefits of Using Direct Mail to Locate Motivated Sellers
Posted on December 7, 2015 byAs you probably know if you have been reading my articles, I strongly advocate using direct mail to locate highly motivated sellers for your Real Estate Investing business no matter what market you live in and no matter what your real estate market is doing. With the market being in its current state of affairs, there are more motivated sellers than ever before if you know how to find them.
As a seasoned Real Estate Investor I fully understand that I need to be locating the most highly motivated sellers in order to construct the very best deals. Remember, the profit on a deal is made when you buy a property.
In addition, while many investors enjoy working with pre-foreclosures, short sales, REO properties and buying houses on the court house steps, these properties take time to close on and there is a lot of competition for them.
In the meantime you need to be able to continue to fill your funnel with cash producing deals in order to keep your business moving forward. Working with motivated sellers that your competition knows nothing about is definitely the way to accomplish this goal and direct mail is the best technique to draw in these very motivated sellers. Read More→
Atlanta REIA Main Meeting on December 7, 2015
Posted on December 2, 2015 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.
Atlanta REIA Members Please RSVP on Meetup.com
Has a lack of money stopped you from getting your real estate investing started? Could you close more deals if you didn’t need money? Do you want to invest in real estate without having to use bank financing?
If you answered “Yes” to any of these questions, you don’t want to miss Bill Ham’s special presentation on “Buying More Properties with Creative Financing” at the Atlanta REIA Main Monthly Meeting on Monday, December 7th at 5PM. The meeting will take place at Atlanta Unity located at 3597 Parkway Lane in Norcross, GA.
Bill has built a 400 unit portfolio without using any of my own cash and without ever stepping into a bank! Want to learn how? Bill can show you how to use techniques like Master Lease Options and Seller Financing to get your next deal funded without going to the bank.
At the meeting, Bill will show you…
- How to use Master Lease Options to close more deals
- How to get sellers to carry back financing for their own properties
- How to find deals with Creative Financing
- How to analyze deals using Creative Financing
- How to get Realtors to work with you and bring you Creative Financing deals
- How to MAKE MORE MONEY!
If you need to close more deals with less cash, Bill can help you. Don’t miss Bill at the Atlanta REIA Main Monthly Meeting on Monday, December 7th!
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!
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.
is the Meeting Before the Meeting
with Don DeRosa
Atlanta REIA Members Please RSVP on Meetup.com
Are you spending money on marketing and not getting any deals? Are you able to take any lead and make a deal out of it? Do you know how to make multiple offers that actually get accepted? Are you using technology to your advantage? If the answer is “NO” to these questions then you MUST attend this subgroup meeting.
Would you like to learn how to structure deals so you can buy houses with little or none of your own cash and none of your own 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, December 7th from 5PM to 6PM at the Atlanta REIA Main Meeting at Atlanta Unity where he will be teaching about a wide variety of topics each month. Don will teach you about the state-of-the-art tools and techniques you’ll use to evaluate deals and figure out how to make them work – so you can work less and spend more time where you want, when you want and with whom you want.
Some topics Don will be teaching about include:
- Using Apps on your iPad or other mobile device to evaluate deals on the go
- Creative Techniques such as Wrap Around Mortgages, Sandwich Lease Options, Subject-To, Seller Financing, and more
- How to be a transaction engineer.
- How to be a problem solver.
- And so much more…
Bring your deals and Don will walk through them step-by-step and he’ll show you how to easily evaluate the lead, determine your exit strategy, structure the deal, negotiate with the seller, and get the paperwork done in a snap.
Its an amazing time to be a real estate investor. Don’t look back 5 years from now and wish you had acted. Learn how to buy right… Learn to Make More and Work Less, Right Now!
At 5:00 PM in the Main Lobby, we have a Vendor Trade Show that lasts throughout the meeting where you can come out and meet many of our participating Business Members and Vendor Guests who help sponsor our meeting. See a full list of our vendors and sponsors below as they are added.
Vendor tables are limited, so any vendors wanting to reserve a table for the meeting can RSVP for a Vendor Table here. Vendor tables are reserved and setup on a first-come, first-serve basis.
Starting at 6:15 PM, Dustin Griffin kicks off the Atlanta REIA Main Meeting with updates and announcements. Dustin covers what’s happening at Atlanta REIA in the upcoming weeks and months such as upcoming workshops, webcasts, special events, members benefits and much more! Be sure to be in the main meeting room at 6:15 PM for your chance to be one of the first to receive a printed copy of The Profit Newsletter while supplies last.
At approximately 6:30 PM, Joe Thompson will be hosting the Haves & Wants Speed Marketing Session which gives our members the opportunity to quickly market deals they HAVE and to find deals they WANT. We also give our business members the opportunity to get up and say a few words about their businesses. Members who want to participate in the Haves & Wants Marketing Session must bring your flyers and get to the meeting early to get on Joe’s list of participants.
After the conclusion of the Atlanta REIA Main Meeting, we will be reconvening at Three Dollar Cafe located at 6050 Peachtree Pkwy #100 in Norcross, GA at 9:30 PM 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 at the Three Dollar Cafe, so bring a friend and head on down to Late Nite Networking! Just be sure you order food and beverages from the cafe and please tip their wait staff generously.
The Small Business Advisor – A full service small business consulting firm specializing in QuickBooks with a wide variety of specialized services, trainings and products for small businesses. Read More>>
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>>
Auction.com – The nation’s leading online real estate marketplace, having sold more than $34 billion in residential and commercial assets. Auction.com’s mission is to provide the most trusted online real estate marketplace, making transactions easier and more transparent. Read More >>
Air Conditioning Experts, Inc. – For all your air conditioning services throughout Atlanta, contact Air Conditioning Experts. We have all the training and experience necessary to ensure the success of your home cooling system.
Solutions Realty Network – Providing expert property management and investment services since 2003. You invest and we take care of the rest! We’re the solution to all your real estate needs. 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>>
Atlanta Carpet Services, Inc. – Providing carpet, wood, vinyl, and tile, ACS is dedicated to every aspect of your floor covering needs from initial consultation to the sale and follow-up services. Read More>>
Fuller Center for Housing of Greater Atlanta – A faith-driven, Christ-centered, non-profit organization dedicated to providing adequate shelter for people in need in the Greater Atlanta area. Read More>>
How Scott and Company Made 12K in 3 Weeks from Contract To Closing
Posted on December 2, 2015 byIn this lengthier video, Scott walks you through the ABLE System using a bread and butter deal he closed recently. On this deal he and his Little Pink Houses Team made $12K in 3 weeks from contract to closing. Here’s how they did it…
If you’ve been frustrated and unable to put deals together from the leads you’re currently getting, then Scott’s upcoming 2 Day ABLE Mentoring Crash Course is exactly what you need to help connect the dots so you can get you paid fast. Read more about the ABLE Crash Course coming up on December 5th and 6th. Also checkout the upcoming Teleseminar on Wed, December 2nd at 7PM to learn more about the ABLE System.
How Scott Made 11K in Less Than 40 days with NO Money and NO Credit
Posted on November 30, 2015 byScott Ulmer wanted us to share a short video with you highlighting a deal that he put together using his ABLE Strategy. In this video Scott will discuss the numbers and the details showing you the process from contract to closing. He cleared $11K in profit on a lower price point home in a short period of time. His ABLE System will work in any market at any price point. Check it out…
Be one of few to take advantage of this 2 Day ABLE Mentoring Crash Course. If you’ve been frustrated and unable to connect the dots with your real estate investing, then this training is exactly what you need. Read more about the ABLE Crash Course. Also checkout the upcoming Teleseminar on Wed, December 2nd, 2015 at 7PM to learn more about the ABLE System.
2 Day ABLE Crash Course Coming This Weekend
Posted on November 30, 2015 by
Scott Ulmer wanted us to share a short video with you highlighting a deal that he put together using his ABLE Strategy. In this video Scott will discuss the numbers and the details showing you the process from contract to closing. He cleared $11K in profit on a lower price point home in a short period of time. His ABLE System will work in any market at any price point. Check it out…
Be one of few to take advantage of this 2 Day ABLE Mentoring Crash Course on Sat & Sun, December 5th & 6th. If you’ve been frustrated and unable to connect the dots with your real estate investing, then this training is exactly what you need. Read more about the ABLE Crash Course here below. Also checkout the upcoming Teleseminar on Wed, Dec 2, 2015 at 7PM to learn more about the ABLE System.
Conference Call with Scott Ulmer Wed, Dec 2nd @ 7PM on ABLE System
Posted on November 30, 2015 by
Wed, Dec 2nd @ 7PM
Call 857-216-3692 & use PIN 73951
We will be hosting a Teleconference Call on December 2nd at 7:00PM with Scott Ulmer of Little Pink Houses of America and ABLE Mentoring. Scott, Mike and Marcy will all be on call to talk about the ABLE System, talk about some example deals, outline the 2 Day ABLE Crash Course Event and to field some questions about the program. If you have any specific questions regarding the ABLE Platform or the 2 Day Crash Course, this is the time to get the answers directly from the guys and gals out doing these kinds of deals every day.
Teleconference Call-In Information
Date & Time: Wednesday, December 2nd at 7PM ET
Dial in Number: 857-216-3692 PIN: 73951
Special Message from Scott Ulmer About His Upcoming ABLE Mentoring 2 Day Crash Course in December
Posted on November 24, 2015 by2 Day Crash Course
With Scott Ulmer & Staff
December 5th & 6th from 9AM-6PM
1960 Skylar Hill Dr, Buford, GA
Scott Ulmer of ABLE Mentoring wanted us to post this email to everyone who was or was not able to attend the Beginning Investors Group (BIG) where Scott spoke on Monday, November 16th…
From the Desk of Scott Ulmer…
We will be back in Atlanta on December 5th & 6th for our 2 Day ABLE Mentoring Crash Course at the Atlanta REIA Office located at 1960 Skylar Hill Dr, Suite D, in Buford, GA. During those 2-days, we will train you on how to implement our ABLE strategy immediately, and show you how you too can make a minimum of $10,000 for every deal you do. I have two passions outside of my family and religion… Perfecting the ABLE exit strategy, and seeing others succeed using the ABLE system. My team and I are going to give you 110% during these two days!
You will also receive the following:
- Access to 100% of our Real-Time Marketing.
- Live Breakout Sessions Where We Will Call Your Leads.
- Flow Charts Laying Out The Process.
- Several Real Deal Examples.
- Common Seller Objections and Rebuttals.
- And Much, Much More!
We are offering all of this for NOT $1995, NOT $995… Just $197 for Atlanta REIA Gold Members, $297 for Silver Members and $497 for Non-Members. Based on your Minimum Payday of $10,000, the ROI on this training can be hugely significant. You simply cannot find a more applicable and sound investment strategy in today’s real estate investing world. Banking restrictions are more stringent than ever, and believe it or not, the FDIC is getting ready to raise rates. Even more reason “non-traditional” sales, for both buyers and sellers alike, are becoming the wave of the future when it comes to transacting residential real estate. The timing for this training could not be any better.
We feel So Strongly about you chances for success that we are willing to offer you a 100% money-back guarantee. If after the 1st day you don’t feel you can make a substantial amount of money and a substantial ROI (potentially 20 to 1 on your first deal), we will refund your money, no questions asked.
For those rehabbers and flippers this same strategy can apply to your current investment properties. We will show you how you can DOUBLE and sometimes even TRIPLE your profits utilizing ABLE’s back-end system. We put together a video detailing how you can recognize the full value of this exit strategy in your own personal investments.
See this short video with Scott detailing how he can nearly triple his profits on a typical fix and flip deal:
Elevate Your Success!
This is a genuine opportunity to enhance your financial life, increase your success and increase your business. Spend two information-packed days learning some of today’s best techniques and approaches with the market transformers who pioneered this investing strategy, and hear how they broke through complexity, constraints and constrictions to achieve greater abundance, freedom and success.
You owe it to yourself to be here, to learn this strategy. This is a tremendous value and can be a tremendous addition to your existing real estate portfolio. Regardless of all of the “white noise” out there and all of the latest and greatest investing strategies, this program, its details and merits, and ability to generate a payday immediately exist nowhere else.
We are excited to see you all again on December 5th & 6th at the Atlanta REIA Office located at 1960 Skylar Hill Dr, Suite D, in Buford, GA. Please reserve your seat asap. Seats are limited and are on a first come first served basis.
Mark off December 5th and 6th and we will see you there!
Sincerely,
Scott Ulmer
What’s That House Worth? – A Panel Discussion at Atlanta REIA West
Posted on November 19, 2015 byA Discussion with a
Panel of Real Estate Experts
November 23rd, 6:30PM, Cherokee Cattle Company
2710 Canton Rd, Marietta, GA
Atlanta REIA Members Attend for FREE. Guests pay $10 at the Door.
Guests can join Atlanta REIA for Only $100/year and Attend for FREE!
Atlanta REIA Members Please RSVP on Meetup.com
So many investors, new and seasoned alike, struggle with accurately determining house values. So often they want to overlook important details that can wind up costing them quite a pretty penny before its done! Don’t let this happen to you. This month at the Wild West Event, we’re hosting a panel of real estate experts to have a discussion about how to determine what that house is really worth. Our experts include Gordon Catts, the Grandfather of Investing, Leslie Mathis, Full-time Investor and Mentor, and Shay Mitton, General Contractor and Investor. The meeting will take place on Monday, November 23rd at 6:30PM at the Cherokee Cattle Company located at 2710 Canton Rd in Marietta.
This panel of experts is not to be missed if you want to really learn how to determine values of single family houses like the pros do it! This is one of those areas that you MUST know well if you expect to be a successful investor. The Wild West Event puts the Real back in Real Estate, without the high price tag!
News alert! We’ve just added to the panel yet another pro, single-family house appraiser Jeremy Williams! Jeremy is on the ground out there on a daily basis doing appraisals for bank loans. Talk about real-time info delivered to you on a Silver Platter! You’ve got to be at this meeting!
This will be a great evening. We look forward to seeing your smiling faces on Monday night. Please bring family and friends. And remember: We LOVE questions and input – questions and input make us all better, smarter, wiser real estate investors!
Join us Monday, November 23rd at 6:30pm at The Cherokee Cattle Company at 2710 Canton Rd. in Marietta. Bring your business cards, your haves and wants and be ready to have a great time! See you there, pardner!
Holiday Toy Drive! Bring toys new and unwrapped! As an incentive to make local children’s holiday special , You’ll receive three door prize tickets for each toy you bring or $10 you contribute! We’ll Donate everything collected to a local charity right here in Atlanta, to be chosen by attendees at the meeting. We’ve got some great door prizes this month – please come with a giving heart!
Atlanta REIA Members Please RSVP on Meetup.com
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, November 23rd at 6:30PM. Atlanta REIA Members can attend for FREE 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, November 23rd 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!
*Please Note: West Meeting agenda is subject to change.
All Inclusive Marketing Group Meets on November 11, 2015
Posted on November 10, 2015 bywith Rock Shukoor
Nov 11th, 7:00PM, Hudson Grille, Sandy Springs, GA
Atlanta REIA Members Please RSVP on Meetup.com
Our next All Inclusive Marketing (AIM) Group Meeting is Wednesday, November 11th at 7:00PM at the Hudson Grille located at 6317 Roswell Rd in Sandy Springs. Get there early at 6:30 to order your food and drink and network. Atlanta REIA Members are free, non-members $20 at the door.
The Atlanta REIA All Inclusive Marketing (AIM) Group (formerly known as the “I Love Marketing” group) is a new networking and educational meeting led by Rock Shukoor for like-minded real estate investors and small business owners who enjoy marketing and are interested in taking their business to the next level through creative marketing techniques.
AIM is for people who want to get together, learn and discuss marketing challenges, strategies and opportunities. Although many of the examples we cover at the meetings will be geared towards real estate investors, the techniques and strategies learned can easily be applied to any business. AIM now meets on a new date on the 2nd Wednesday of each month at 7:00PM at the Hudson Grille located at 6317 Roswell Rd in Sandy Springs.
Small Business Group Meets November 12, 2015 at 11:30AM
Posted on November 10, 2015 bywith Rosario D. Mercedes-Maldonado, CPA
November 12th, 11:30AM
5 Seasons Brewing, Sandy Springs, GA
Atlanta REIA Members & Guests, Please RSVP on Meetup.com
Come be part of the Small Business Group on Thursday, November 12th at 11:30AM at the 5 Seasons Brewing at the Prado located at 5600 Roswell Rd in Sandy Springs where where Rosario D. Mercedes-Maldonado, CPA of the Galanti & Company, P.C. will be sharing with us all about your Financial Year End Check-Up. The meeting is hosted by Karen Bershad.
Rosario will be talking all about…
- Brief overview of importance of tax planning (year-round activity, avoids underpayment penalties, multi-year analysis)
- Items to consider as real estate investors
- Type of entity
- Have you maximized expenses
- Repairs versus upgrades
- Maximize depreciation via components (cost segregation)
- Accelerate certain expenses
- Definition of Real Estate Professional (doesn’t limit losses)
- Grouping real estate activities (aggregation)
- Tax free exchange Section 1031
- Empowerment Zone Tax Credits
- Items to consider for personal returns
- Tax Rate Schedules
- Capital gains and Losses (different rates)
- Harvest capital losses to offset gains
- Medicare surtax
- Retirement Plan Limits
- Donate appreciated securities
- And much, much, more…
See you at the meeting!
Atlanta REIA Members & Guests, Please RSVP on Meetup.com
