Archive for Beginning Investors Group
Learn How to Find It, Fund It, Fix It and Flip It at the Beginning Investors Group on Sept 16, 2013
Posted on September 11, 2013 byHow to Find It, Fund It, Fix It & Flip It
with Aaron McGinnis on Monday, Sept 16th
Atlanta REIA Members are always FREE!
Join us at the Beginning Investors Group on Monday, September 16th at 6:30 PM at the Hudson Grill located at 6317 Roswell Rd NE in Sandy Springs, GA which is being co-sponsored with the Onsite Renovation Group. At this month’s meeting, Real Estate Investor and Property Renovation Expert, Aaron McGinnis, will be teaching new and “new again” investors about “Renovating Ugly Houses for Huge Profits”. Aaron and his special guests will teach you “How to Find a House, Fund It, Fix It and Flip It”. If you want to learn more about how to renovate houses, this is a special BIG Meeting you don’t want to miss!
PLEASE NOTE: The Beginning Investors Group will also be co-sponsoring the Onsite Renovation Group with Aaron on Tuesday, September 17th at NOON where they will be meeting on a renovation job site located at 3040 Waters Road, Atlanta, GA 30354 (map). This property is a lightweight, paint and carpet renovation, perfect for newbies, in a re-gentrifying area, so come on out, take a look and learn how you can get into the profitable business of renovating ugly houses.
How Accurate Comps Can Make or Save You Thousands
Posted on August 11, 2013 byHow Accurate Comps Can Make or Save You $1000’s on Your Next Deal
with Linda Dana on Monday, August 19th
Atlanta REIA Members are always FREE!
Join us at the Beginning Investors Group on Monday, August 19th at 6:30 PM at the Hudson Grill located at 6317 Roswell Rd NE in Sandy Springs, GA where property evaluation expert, Linda Dana, will be teaching new investors the art and science of “Determining Accurate Property Values”. Linda is a long time real estate investor and “transaction engineer”, a mentor and the President of Charlotte REIA.
Knowing “How to Determine Accurate Property Values” is a highly critical skill that we must master as real estate investors in order to create profitable deals.
As investors, we determine a property’s value by “pulling comps” using property evaluation websites, software or the MLS. By “comps” we mean recent “comparable sales” of other properties in close proximity to our subject property that are similar in age, bedrooms, baths, square footage, lot size, style, amenities, etc.
We gather this recent sales data and analyze the high sales, low sales, average sales and distressed sales to determine the properties current “As-Is Value” as well as the “After Repair Value”. We must carefully determine which comps we include in our calculations and which ones to exclude if they are not truly “comparable”. We then carefully calculate our offer(s) to the seller based on these numbers.
If we get these numbers wrong and think the property is worth less than it really is, we may offer the seller too little and lose the opportunity to buy the property and any profit we would have made to another buyer who is willing to offer more.
If we think a property is worth more than it really is in its present, as-is condition or fixed up, we may pay too much and lose thousands of dollars when we sell. For example, if we are off by $5,000 to $10,000 on the properties value, our anticipated $5,000 profit on a wholesale flip may quickly evaporate.
Most investors don’t want to hire an appraiser to determine the value of every house they make an offer on, nor do they want to rely on a Realtor to determine these critical numbers for them. Therefore one of the first skills every new investor must master is how to determine accurate property values by pulling comps and doing the research themselves.
Join us at the Beginning Investors Group on Aug 19th where Linda will teach us…
- What criteria to use in your comp search
- How to know a good comp from a bad comp
- Which comps to include and which to eliminate
- How to determine a property’s value based on comps
- How to pull comps without being a Realtor
- All this and much more…
If you want to learn to put more money in your pocket and leave less on the closing table, this is a BIG Meeting you don’t want to miss!
Remember, Retail Buyers buy based on emotion… Investors buy based on the numbers. Join us at BIG to learn more about how to determine these important numbers!
Beginning Investors Group Meeting on July 15, 2013
Posted on July 10, 2013 byGenerating Leads with Guerilla Marketing Strategies & Techniques
with Dustin Griffin
Atlanta REIA Members are always FREE!
As a new or “new again” investor, are you generating enough motivated buyer and seller leads each month to survive and thrive in today’s competitive real estate market? Are you generating at least 25-50 leads per month from your marketing efforts? If you’re not generating this many leads or more, you should join us for our next BIG Meeting to learn how to generate all the motivated buyer and seller leads you can handle.
Dustin Griffin will be speaking at the Beginning Investors Group (BIG) on Monday, July 15th at 6:30 PM at Hudson Grille located at 6317 Roswell Rd NE in Sandy Springs, GA on many of the Guerilla Marketing Strategies and Techniques that he and other successful real estate investors use to generate a steady flow of leads for their real estate investing businesses. You will learn…
- What is Marketing?
- What is Guerilla Marketing?
- How can one dominate their local market online and offline on a budget?
- Marketing in 7 Easy Steps
- Multiple ways to consistently market your business
- 12 Tips for Search Engine Domination
- And much more…
Come join us and learn how you too can totally dominate your local competition online and offline with little effort and a relatively low budget using new and traditional marketing techniques, a little creativity and the power of the Internet. This meeting is FREE for Atlanta REIA Members. Guests and Non-Members can pay $20.00 at the door or RSVP Online for $10.00. If you Join Atlanta REIA before attending or at the door, you can attend at no charge.
WIN A CRUISE: All participants who attend the BIG Meeting on July 15th will entered into a drawing for a chance to win a *Complimentary 2 Day Cruise to the Bahamas with Caribbean Cruise Line! *You must be present at the meeting to win. The 2 day Cruise does not include port fees, transportation and taxes.
The Beginning Investors Group 1st Annual BIG Summer Cookout on June 26, 2013
Posted on June 21, 2013 by1st Annual BIG Summer Cookout!
with Special Guests, Bill Cook & Dorsie Boddiford
PLEASE NOTE: We had over 200 reservations for this event and had to shut down the FREE reservations due to the overwhelming demand. Anyone who wishes to attend that has not RSVP’d yes can still do so for only $5.00 per person to help cover food and beverage costs. Food and beverages will be limited to those people who RSVP and bring their ticket/receipt. We also encourage everyone to bring their own non-alcoholic beverages just in case we run out.
RSVP Here for Only $5.00 per person
The Atlanta REIA Beginning Investors Group (BIG) is having our 1st Annual BIG Summer Cookout on Wednesday, June 26th, 2013 at 6:00 PM at the Hammond Park Pavilion located at 705 Hammond Dr NE in Sandy Springs, GA.
Come listen to Dorsie Boddiford and Bill Cook talk about how they invest real estate, why they do it, and what keeps them motivated when the going gets tough. If you are a new or “new again” investor, you do not want to miss this fun and information packed event.
We are expecting over 100 people along with experienced investors as well as our sponsors who have products and services that every investor needs for success. This event will be a great way to network, build new friendships and partnerships. There will be hot dogs, hamburgers and lots of food. You can even bring your own food and beverages if you want. We will have 3 grills going. There is a playground very close by with adult supervision.
Halperin Lyman, LLC – A transactional real property law firm devoted to providing the full spectrum of non-litigation related real estate legal and consulting services to its clientele.
Read More>>
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>>
American IRA – The American IRA mission is to provide the highest level of customer service in the self-directed retirement industry. Contact us to learn how to invest in real estate with your IRA. 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>>
Don DeRosa is Speaking on Selling Houses Fast at BIG on June 17, 2013
Posted on June 10, 2013 byThe Beginning Investors Group (BIG) meets this month on Monday, June 17th at 6:30 PM at Hudson Grille located at 6317 Roswell Rd NE in Sandy Springs, GA. This meeting is FREE for Atlanta REIA Members. Guests and Non-Members can pay $20.00 at the door or RSVP Online for $10.00. If you Join Atlanta REIA before attending or at the door, you can attend at no charge.
As a new or “new again” investor, have you ever asked yourself what you’ll do with your first or next property once you buy it? Will you quick turn it? Fix and flip it? Rent it? Lease-option it? Sell it with owner financing? How long will it take you to sell or fill your new investment property? These are common questions many new investors face when considering their first purchase.
Not having a clear “exit strategy” is an obstacle that often prevents many new investors from doing their first deal. If you would like to get a better understanding of how to quickly sell or fill your investment properties once you buy them, be sure to join us on Monday, June 17th at BIG where real estate expert and trainer, Don DeRosa, will be teaching our new investors how to market for tenants and buyers and how to choose thei right exit strategies for maximum profits and minimal out of pocket expenses.
Don will teach you:
- How to choose the correct Exit Strategy so you can buy the house right
- Marketing the property for a quick sale
- Numberous proven methods of Don’s to put more dollars in YOUR pocket
- Questions & Answers with the audience
- All this and much more…
Don will use his 17 years of real estate investing experience to help you overcome many of the challenges you may be facing as a new investor. After his presentation, we will do some buyer and seller role playing to give you a chance to practice your negotiation skills. So come out and join us. Come early and stay late for Late Night Networking after the meeting.
Negotiating for Newbies with Russ Hiner at BIG on May 20th
Posted on May 13, 2013 byJUST ANNOUNCED: The Beginning Investors Group (BIG) is going back to a monthly meeting format starting Monday, May 20th at 6:30 PM at Hudson Grille located at 6317 Roswell Rd NE in Sandy Springs, GA. This meeting is FREE for Atlanta REIA Members. Guests and Non-Members can pay $20.00 at the door or RSVP Online for $10.00.
This month at BIG, local real estate expert and mentor, Russ Hiner, will be teaching new investors how to negotiate win-win real estate transactions with buyers and sellers. As you know, having the right negotiating skills is essential for putting together real estate deals that are not only profitable for you, but meet the needs of your buyers and sellers. If you want to learn how to start negotiating like a pro, this is a BIG Meeting you don’t want to miss! Join us and Russ will teach you:
- The number one reason why most people will not negotiate
- How to break negotiation deadlocks
- How to spot and stop negotiation tactics that will put you on the defensive
- How to “read” people so you can be a better negotiator by giving them what they want and getting what you want
- Tips and tactics for face-to-face negotiations
- All this and much more!
After his “Negotiating for Newbies” presentation, Russ will be calling for volunteers to join him in the “hot seat” for some live, face-to-face role playing negotiations. Read More→