Learn How to Generate 2 to 3 Times the Monthly Cash Flow of a Regular Rental Property with Richard Munroe
Posted on November 8, 2019 by& Vendor Trade Show
3125 Presidential Pkwy, Atlanta, GA
How to Generate 2 to 3 Times the Monthly Cash Flow of a Regular Rental Property!
with Richard Munroe
RSVP on Facebook or RSVP on Meetup
Atlanta REIA Members Can Attend for no charge.
Guests Can RSVP Online Now for $20 or Pay $25 at the Door.
There is an exciting new shared economy that has created a huge opportunity in real estate to increase your returns and profit, two to three times the regular rental amount of a traditional lease.
The short-term rental model keeps your property in better shape with the average stay of each guest limited to 3-4 days with professional cleanings and inspections in between each stay.
The cycle of evictions and minor rehabs in between each tenant is no longer an issue, along with, less wear and tear on the appliances, as most guests are eating out at local restaurants.
My name is Richard Munroe. On Monday, November 11th from 5PM to 9PM at the Richard Munroe located at 3125 Presidential Pkwy, Atlanta, GA , I will cover how to approach the market analysis and develop a conservative estimate of the short-term rental revenue based on the average nightly rate and the monthly occupancy percentage.
One of the main reasons for this industry’s growth and success is the Air Bnb platform. I will provide an introduction and overview of the platform from a host’s perspective. We will also cover the multiple ways to get started and how to navigate through all the new ordinances and laws on the city, county and state level.
Join me and we will discuss…
- Shared Economy
- Market Analysis
- Air BNB Platform
- Property Options
- Legislative Efforts
- Answers to your questions
- And more!
RSVP NOW and come learn more about the lucrative opportunity that short-term rentals have to offer!
Richard Munroe has over fifteen years of experience with acquiring and improving distressed real estate of over four hundred properties. Mr. Munroe is the managing member of Diamond Edge Properties, an Atlanta based real estate investment firm that specializes in the acquisition, management and hosting of short-term rentals. Mr. Munroe is a frequent speaker at industry events and is also involved with state and federal legislative initiatives and is an active member of the Atlanta Real Estate Investors Alliance and serves as Board Advisor for Lend Street Financial, Inc., a peer to peer lending platform. Mr. Munroe serves as Board Member of the Short-Term Rental Owners Association of Georgia (STROAG) which is a statewide, diverse group of property owners and affiliates representing theneeds and collective voice of short-term rental property owners. Mr. Munroe is also the leader of the Atlanta REIA Short-Term Rental Owners Networking Group (STRONG).
*Please Note: Meeting agenda is subject to change.
As always, Atlanta REIA Members can attend our Main Meeting event at no charge and Non-Members can Register Online for $20 or pay $25 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 on Monday, November 11th! See you there!
Negotiating with Sellers
with Don DeRosa
Join Don DeRosa every month at 5PM SHARP at our Meeting-Before-the-Meeting that we like to call the High Tech Home Buying Creative Deal Structuring Subgroup one hour BEFORE the Atlanta REIA Main Monthly Event.
Each month, Don will teach you about different real estate investing purchase and sale strategies to put more money in your pocket as as well as state-of-the-art tools and techniques you’ll use to evaluate deals and figure out how to make them work. You’ll learn to work less and earn more so you can spend more time where you want, when you want and with whom you want.
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 6:00 PM, Dustin Griffin kicks off the Atlanta REIA Main Monthly Event 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.
Door Prizes & Giveaways for Atlanta REIA Members!*
All Atlanta REIA Members who check in and attend the Atlanta REIA Meeting will be entered into a drawing for a chance to win a Flat Screen LED TV, a variety of Gift Cards (such as Home Depot, Lowes, Walmart, Amazon, etc), Flashlights, Phone Chargers and all sorts of other miscellaneous items that vary from meeting to meeting each month. *You must be present and in the room during the drawing to win. Door prizes and giveaways can change at any time for any reason. Non-Members and Vendors are not eligible to win.
Help Feed the Homeless & Needy Here in Atlanta*
Atlanta REIA Members who bring in 5 canned goods will get an extra ticket for the drawing. Bring in 10 canned goods and get 2 tickets, etc. The current limit is 5 additional tickets for 25 canned goods. Please do not bring in any canned goods that are expired or expiring soon. We reserve the right to change the terms and conditions of the giveaways at any time for any reason.
Three Dollar Cafe
After the conclusion of the Atlanta REIA Main Meeting, we will be reconvening at 9:30 PM at Three Dollar Cafe located at the 3537 Chamblee Tucker Rd in Atlanta, GA 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, so bring a friend and head on down to Late Nite Networking and have a cold brew with us! Just be sure you order food and beverages from the restaurant and please tip their wait staff generously.
American IRA – The American IRA mission is to provide the highest level of customer service in the self-directed retirement industry.
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Secured Investment Lending – A licensed direct mortgage lender specializing in non-traditional hard money loans for non-owner occupied buy/fix sell properties or rental properties throughout the GA and FL. Read More>>
Fynanc – Learn “Financial Shortcuts” and create “Financial Happiness”. Create a lifestyle where your personal finance system supports the experiences, relationships, and impact that make you happy. Read More>>
New Western Acquisitions – A full service Real Estate Brokerage that specializes in helping investors in acquiring inventory, securing contractors and lenders, as well as aiding in the liquidation of these assets. Read More>>
Auction.com – The nation’s leading online real estate marketplace, having sold over $34 billion in real estate assets. Auction.com’s mission is to provide the most trusted online real estate marketplace, making transactions easier and more transparent. 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>>
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>>
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>>