Atlanta REIA Meeting Updates

How to do “Subject-To” Investing
with Mark Durham & Attorney Bob Witcher

Robert WitcherLast month, local real estate expert Don DeRosa introduced our group to “Subject-To” investing. Due to overwhelming demand from our members, this month at our Creative Financing Group meeting on Wednesday, June 8th at 6:30 PM at Champps at 7955 North Point Parkway in Alpharetta, GA (map), subgroup leader and real estate expert Mark Durham and local real estate attorney Robert “Bob” Witcher will discuss in further detail how you can buy houses “subject-to” without qualifying for a loan and with little or no money down. Attorney Witcher will discuss the forms and language you need to use to protect yourself as an investor as well as your seller.

  • If you don’t have good credit or a lot of cash to invest, but want to get in the real estate investing game, you can get started by buying houses without qualifying for a loan or having a lot of cash.
  • If you’re renting and want to own, or if you’re tired of your current home and want to move, you can buy a beautiful new home in an nice neighborhood and possibly pay less than you are paying in rent or on your current mortgage, without going to the bank for financing.

Read More→

Doug ShaddixAtlanta REIA is pleased to announce that Attorney Doug Shaddix will be our special guest speaker at our Atlanta REIA West Meeting on Monday, May23rd at 6:30 PM at the Marietta Fish Market located at 3185 Canton Road in Marietta, GA. Many of you recall that Doug was on our Attorney Panel at our Atlanta REIA Main Meeting. Doug is back this month to talk all about asset protection, estate planning and buying with entities such as trusts, LLCs, corporations and more!

If you have significant assets of any type, you are a target for a lawsuit!  You need to know more about asset protection.  Enjoy greater privacy, limits on your personal liability, as well as tax benefits through the use of entities such as LLC’s, corporations and trusts.

In today’s litigious society, you need only one person unhappy with your business, one injured tenant, one disgruntled individual to ruin all that you have worked for by going to a plaintiff’s lawyer to see how they can get to everything you own.  If you are sued, you could lose your business, its equipment and vehicles, your personal automobiles, your home, your rental properties . . . anything that you own in your own name. Read More→

Jeff KallerAt our next Atlanta REIA Main Meeting on June 6th we are excited to feature the original founding father of today’s short sale techniques, Mr. Jeff Kaller. He has promised to share the refined plan he uses to turn over One Billion Dollars in negotiated short sale deals into his collective network. Don’t let the numbers scare you, he plans to lay out a blue print for how you can fill your deal pipeline (he calls it his money funnel) with productive deals that will produce cash. It’s the same techniques that he used to save over one million homeowners from the perils of foreclosure.

The strategies are simple,cost effective, and produce amazing results. Jeff will show you fully automated lead generation campaigns that find hard to locate homeowners who yield big profits. He also uses a virtual team of assistants to mine data and is willing to share scripts, letters and strategies he uses in his brokerage office in St Augustine to drive calls into his office. He was recognized by the local Atlanta media as the country’s most influential person in short sales and you can see an interview done by a local station on the registration page. Read More→

Atlanta REIA Main Monthly MeetingOur next Atlanta REIA Main Meeting is on May 2nd at the W Hotel Atlanta Perimeter starting at 5:30 PM. Because of our high attendance, this meeting is the perfect opportunity for you to get together and network with vendors and other real estate professionals; participate in our Speed Marketing Session to promote your properties or business; catch up on what’s happening and coming soon at Atlanta REIA; and to hear and learn from some of the best real estate experts in the industry. If you are a serious, active real estate investor or professional, this is the one meeting of the month you don’t want to miss.

Because our Main Meeting is our “Member’s Main Meeting”, we take member feedback for our meetings very seriously. This is one of the reasons our meetings are so well attended. We are constantly asking our members what they would like to see, hear or do at our main meeting and we have consistently been getting these two requests that we are fulfilling this month:

Question #1: “Can we have a town hall style discussion with real estate industry experts in addition to the keynote speaker presentations we already have?”

Expert Legal Panel DiscussionAnswer #1: YES! On May 2nd, we are having an Expert Panel Discussion with 3 Attorneys who are all real estate investor friendly, who know GA law inside and out and will help keep you compliant with the ever changing rules and regulations such as the SAFE Act, MARS Rule, etc and keep you out of legal trouble. We are also having a Certified Public Accountant sit on the panel who will help you earn and keep more money by saving you money in taxes. Our Expert Panel will include:

Question #2: “Can we go to the Tilted Kilt for the meeting after the meeting?”

Tilted KiltAnswer #2: YES, ABSOLUTELY! Atlanta REIA volunteer, Lee Budden, is making arrangements with the Tilted Kilt Perimeter located at 1155-B Mount Vernon Highway in Atlanta (about 1/2 file from W Hotel) to accommodate as many of our members and guests as possible for the Late Nite Networking Meeting After the Meeting on May 2nd at 9:30 PM until late. We hope you will come eat, drink and network with us until late into the nite!

Catherine McFarlandConquer your fears and take the guesswork out of buying houses “as-is”. Long time successful real estate investor, code enforcement and zoning officer, Catherine McFarland, will put your fears to rest.

More and more these days houses are being sold as is. Sellers and banks are not accepting contracts with the old protection contract clause of “subject to inspection” or “subject to approval of partner”. These days contract contingencies are rarely being accepted.

To get in the game, you have to be able to make a decision and commit to it. Do you really want to buy the house? And are you so confident that you can comfortably put your earnest money on the line?

Catherine will show you how you can quickly assess damages and repairs to a house and determine the estimated repair costs. She will address your valid concerns:

  • What is wrong with this property?
  • Am I losing all my rights?
  • The awful truth about the seller’s property disclosure statement.
  • Should I get a home inspection by a certified inspector? Pros and cons.
  • Don’t let your investment go down the toilet because you missed repairs.

If you are serious about real estate investing, you have to hear this. Presented by Catherine E. McFarland, Longtime Successful Investor & Certified Housing Inspector, Certified Inspector Southern Building Code Congress, International Property Maintenance Inspector, Housing Inspector, Legal Aspects of Code Enforcement.

Come join us at the Atlanta REIA West Meeting on Monday, April 25th from 6:30 to 9 PM at the Cherokee Cattle Company at 2710 Canton Road, Marietta, GA (map).

“Getting Rich in Today’s Market with Bank-Owned Foreclosures and Rent-Smart Lease Options”

Andy HellerThere are literally hundreds of wealth-building strategies available for real estate investors.  Some are more lucrative than others, and many are too much work for the return on investment.  At our next Atlanta REIA Main Meeting on April 4th, 2011, local Atlanta and national real estate expert, Andy Heller, will show you why of the hundreds of wealth-building formulas,  Fortune Magazine recommended Andy’s “Buy Low, Rent Smart, Sell High” strategy among the top five recommended strategies for real estate investors.

Andy and his story will inspire and connect with you, as it is a “regular guy” get rich story.  Like so many of us, Andy started investing part time, pulling aside a few hours each week for his hobby.  The lack of success of Andy and his partner Scott’s “buy and flip” plans led them literally by accident to a goldmine called buy low, rent smart, sell high. Read More→

Bill & Kim CookI don’t know if you’ve noticed or not yet, but Bill Cook, real estate expert and leader of the North GaREIA, has been allowing us to publish his weekly articles on AtlantaREIA.com.  Bill writes on a wide variety of topics such as finding motivated sellers, buying properties at auction, lowering your property taxes, and more… Click here for a Full List of Bill’s Articles.

Not only is Bill buying and selling foreclosures, writing articles and running his REIA group, but he and Kim will be speaking at our Atlanta REIA West Meeting on Monday, March 28, 2011, from 6:30 to 9 PM at the Cherokee Cattle Company at 2710 Canton Road, Marietta, GA (map). Bill and Kim will be speaking about…

How to Make Money at Foreclosure Auctions!

These days, with so many BIG-PROFIT deals popping up at each month’s foreclosure auction, lots of real estate investors – both new and experienced alike – are asking how to successfully buy at the foreclosure auction. Now is your chance to learn from a couple who buys at the courthouse steps every month! Read More→

Thursday, March 24th, 11:30 AM @ 5 Seasons Brewing in Sandy Springs

Atlanta REIA Commercial Real Estate GroupThe Cash Cow Commercial Real Estate Group is a new educational and networking subgroup led by Steve Brown for new, intermediate and advanced investors with a serious interest in purchasing commercial real estate. The group meets on Thursday, March 24th at 11:30 AM at 5 Seasons Brewing located at 5600 Roswell Rd (map).

Steve BrownSteve is having two great guests at this month’s meeting… SBA/USDA Lender, Melanie Brown, and Commercial Broker, Tom Hogan. Melanie is going to talk about SBA & USDA loans available for commercial properties. Tom is also going to talk about some different loan programs available for commercial properties as well as some apartment building that are currently on the market. Steve is also going to talk about how to make the transition from single family homebuyer to becoming a commercial real estate investor. He will also talk about how to option commercial properties for huge profits. Read More→

Eric NicollAt our next Atlanta REIA Movers and Shakers Lunch Meeting on Monday, March 21st at 11:00 AM at 5 Seasons Brewing in Alpharetta, we’ll be talking all about taxes!  2010 was a year of change with respect to tax law with a couple major iterations of new law and then an end of year “back-up” that left a great deal of the “old” law still in place.  This has caused a great deal of discussion and confusion.   Our special guest speaker on Monday will be Eric Nicoll, CPA, who will discuss all the changes thoroughly to show WHAT has changed and WHEN it will take effect.

Additionally, Eric likes to work with investors towards a mind-set of building wealth.  We will touch on several subjects with the intention of becoming aware of the issues:  Timing of Income Strategies; Character of Income Strategies; the effect of Social Security Taxes; Benefits of Long-Term Capital Rates; Installment Sales; Tax-Deferred Sales; Other Tax-deferred strategies. Tax season is upon us, so this is an informational and networking meeting you don’t want to miss!

Buying REO Properties at Auction
What to Expect & How to Buy

Atlanta REIA South Monthly MeetingSo many properties have been foreclosed on and repossessed by the banks which are using “ballroom auctions” to liquidate the extreme excess of properties they have in inventory right now. Many times these REO’s sell for 40-50-60 cents on the dollar! There are some incredible deals to be had at these auctions, but you MUST know what you are doing to play in this game. The deals are plentiful if you know what to look for and what to avoid.

Leslie MathisCome join us on Thursday, March 10that 6:30 PM at the Atlanta REIA South Monthly Meeting at Ryan’s Restaurant located at 5425 North Henry Blvd in Stockbridge, GA (Map) where Leslie Mathis will take you step-by-step through what you can expect, and more importantly, what you need to know, to successfully buy REO Properties at these ballroom auctions. She will even cover a couple of strategies that will allow you to make quick cash without long-term ownership, simply by putting these properties under contract, then finding investor-buyers for them. Get paid thousands of dollars in just 30 to 45 days!

Pete YoungsDon DerosaCome to the Atlanta REIA Main Meeting on March 7th at the W Hotel Atlanta Perimeter for a SNEAK PREVIEW to find out how the iPad gives you a HUGE competitive advantage and all the confidence you need in your real estate investing business.

Don DeRosa & Pete Youngs on Using the iPad for Real Estate InvestingSee Don DeRosa and Pete Youngs show you how the iPad will totally change the way you do business…saving you countless hours of time, and giving you access to everything you need to run your real estate investing business, wherever you are.

With the simple iPad apps at your fingertips, see how you’ll get a lead, follow up immediately, evaluate the deal and decide whether to go on the appointment. Before your competition has booted up a laptop, found a Wifi Hot Spot, logged in to email and called the seller.  Now that’s competitive advantage. Read More→

Bill & Kim CookThese days, with so many BIG-PROFIT deals popping up at each month’s foreclosure auction, lots of real estate investors – both new and experienced alike – are asking how to successfully buy at the foreclosure auction.

Here are the main topics Bill and Kim Cook will cover at March’s Atlanta REIA West Meeting on Monday, March 28, 2011, from 6:30 to 9 PM at the Cherokee Cattle Company at 2710 Canton Road, Marietta, GA (map).

If you want answers to your questions like:

  • How does the foreclosure process work in Georgia?
  • How do you make sense out of the foreclosure ads in the legal section of the newspaper?
  • What do you do when you’re out looking at foreclosure property?  What do you say to a homeowner?
  • How do you prepare for the monthly foreclosure auction?
  • How do you finance your foreclosure deals?
  • What are the biggest mistakes made – by both new and experienced investors – at the foreclosure auction?
  • If you are the high bidder, what do you do next?

Bill and Kim will show you some of their foreclosure deals that went right AND went wrong!  We’re talkin’ pictures, documents and numbers…you know, real-world stuff! Read More→