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I just wanted to remind you that if you have been waiting for the right time to join Atlanta REIA as a card carrying, charter member, today is a great time to do so!

1) Join Atlanta REIA Today & Attend Our Saturday Workshop at No Charge!

If you join today (November 19th, 2010) as an individual member or business member for as little as $100 to $150, you not only get all of our regular Atlanta REIA Membership benefits, but you can also attend John Maurer’s “Setting Up a Georgia Corporation the Right Way Workshop” tomorrow, Saturday, November 20th at 9AM at no additional charge (a $50 value).

2) Join Atlanta REIA as a Business Member and Save $200 Off Gold Membership!

That’s right, any business who joins Atlanta REIA today only as a Silver Business Member for $150 will automatically be upgraded to an Atlanta REIA Gold Charter Business Member ($350 value) for no additional charge! This is another $200 savings for joining today and today only.

3) Join Atlanta REIA Today & National REIA Member Benefits As Well!

Atlanta REIA just became a member of the National Real Estate Investors Association. This means you will be getting additional member benefits from National REIA over and beyond Atlanta REIA’s normal member benefits for joining today. Stay tuned for more details.

4) Get Paid Up To $150 to Refer Atlanta REIA New Members!

Just so you know, Atlanta Charter Members will get additional member benefits for life that other regular members who join later will not receive. Right now, Charter Members can become Atlanta REIA Ambassadors and receive up to $150 for every new member referred to Atlanta REIA during our Charter Membership Drive!

5) Attend Select Atlanta REIA Meetings, Special Interest Groups and Webcasts at No Additional Charge!

Also, don’t forget that Atlanta REIA Members can attend our Atlanta REIA Main, North & South Meetings at no additional charge as well as other select special interest group meetings.

This special offer is for today and today only. Join Atlanta REIA Now!

Setting Up a Georgia Corporation WorkshopHello everyone. I just wanted to make sure you are all aware of the workshop we have coming up this weekend and the very special offer we are making you so you can be sure to attend and get the most bang for your buck. This week only, if you join Atlanta REIA as a card carrying member, you can attend our Saturday Workshop with Attorney John Maurer on “How to Setup a Georgia Corporation the Right Way” at no additional charge. That’s right, join Atlanta REIA and attend John’s workshop at no additional charge! Read More→

Atlanta REIA News for Nov 15th, 2010

Posted on November 15, 2010 by

Watch Video on What’s Happening This Week at Atlanta REIA

Tues, Nov 16 at 7PM: What’s Hot in Real Estate Investing Webcast

What's Hot in Real Estate Investing WebcastOn Tuesday’s Webcast, Jeff Nix will be talking with local businessman and real estate investor Scott Bowen on some money saving rehab & repair tips and techniques. Click here to register for the webcast on GoToWebinar.com.

Wed, Nov 17 at 6PM: Atlanta REIA North Meeting

Atlanta REIA North Monthly MeetingThe Atlanta REIA North Monthly Meeting is our newest Atlanta Real Estate Investor Group held on the 3rd Wednesday of each month at at 1960 Skylar Hill Dr, Suite D in Buford, Georgia. There is a $5.00 cover charge for non-members. There will be Late Nite Networking immediately following the Atlanta REIA North Meeting at 8:30 PM at the Mall of Georgia Taco Mac.

Wed, Nov 17 at 8:30PM: Late Nite Networking at Taco Mac

Late Nite Networking NorthThe Late Nite Networking North Meetup is held on third Wednesday of the month at 8:30 PM until late at the Mall of Georgia Taco Mac located at 3250 Woodward Crossing Blvd, Buford, GA 30519. This Late Nite Networking event immediately follows the Atlanta REIA North Monthly Meeting.

Thurs, Nov 18 at 1:30PM: Have’s & Wants Meeting

Haves & Wants Weekly MeetingThe Haves and Wants Meeting, hosted by Joe Thompson is a weekly real estate investor brainstorming and deal making jam session held at the 5 Seasons Brewing located at 5600 Roswell Rd in Sandy Springs, GA inside the Perimeter at the Prado from 1:30 PM until 3:30 PM. The Haves and Wants Meeting meets every Thursday except major holidays.

Sat, Nov 20 at 9AM: Setting Up a Georgia Corporation Workshop

John Maurer, Attorney at LawOn Saturday, November 20th, Atlanta Real Estate Attorney John Maurer will be holding a Do-It-Yourself, But Not-By-Yourself Workshop on Setting up a Georgia Corporation in class. If you’ve been wanting to start a new LLC for your real estate investing business or any business, but have been putting it off…. now is your chance to finally get it done the right way, live in class with an attorney’s help, but without the expensive legal fees! The cost of the workshop is only $24.95 for Atlanta REIA Gold Members, $39.95 for Silver Members and $49.95 for non-members (Register Now). However, if you join Atlanta REIA this week as a Silver or Gold Member, you can attend this event at no charge as a “Thank You” for becoming a member.

Sun, Dec 21 at 6:30PM: Atlanta REIA Cash Flow Players Group

Cashflow Player MeetingsThe Atlanta REIA Cashflow Players Group, a new special interest group led by Alan McDonald, is a meetup where individuals can learn to take control of their financial future by playing Robert Kiyosaki’s educational Cashflow 101 and Cashflow 202 board games. This group will share experiences, practice real world investing using Cashflow 101 and/or Cashflow 202 strategies and be provided with educational information which will increase your financial IQ. Come play with us!

Mon, Dec 6 at 5:30PM: Atlanta REIA Main Meeting with David Lindahl

David LindahlJust Announced: Commercial real estate expert David Lindahl to speak on the secrets of his success at our next Atlanta REIA Main Monthly Meeting on December 6th! Just so you know, David has rehabbed over 820 houses in just under 10 years and currently owns over 7,400 apartment units and has a wealth of information to share with you. So mark your calendars and come join us at our December 6th Atlanta REIA Meeting to find out how to get started investing in commercial real estate. Everyone who attends will get complimentary tickets to David’s 2 Day Wealth Building Conference in Atlanta on Dec 11th and 12th, so don’t miss out!

Thurs, Dec 13 at 6:30PM: Atlanta REIA South & Late Nite Networking South

Atlanta REIA South Monthly MeetingAtlanta REIA South will begin meeting again on December 13th at Ryan’s Restaurant in Stockbridge, GA at 6:30 PM and will continue to meet on the 2nd Thursday of the month thereafter. We will also be having Late Nite Networking following Atlanta REIA South at the Taco Mac in Stockbridge starting at 9:00 PM.

All Week: Atlanta REIA Charter Membership Drive

Our Atlanta Real Estate Investor Alliance Charter Membership Drive has begun and will last for a limited time only. Now is your chance to join the hottest new real estate investor association in town as a Founding Member! Charter Members will get additional member benefits for life that other regular members who join later will not receive. Right now, Charter Members can become Atlanta REIA Ambassadors and receive up to $150 for every new member referred to Atlanta REIA during our Charter Membership Drive! Read more about Atlanta REIA Charter Individual Memberships or Business Memberships right now!

One of the big pitfalls of starting a small business, such as real estate investing, is how to protect your personal assets from your business investments, and the other way around. If you buy everything in your personal name, you run the risk of a single lawsuit wiping out not only your investment, but also your personal property. As such, I generally recommend that  all small business owners incorporate their business in some way as to provide maximum reasonable protection for your assets.

There is one good reason to buy property in your own name solely, and that is for a refinance.  If you buy real estate and plan to refinance the property to get cash out, or to pay off a hard money loan, almost all conventional banks will require the property be in your own name.  If you know this is your plan going in, then I recommend you buy the property in your personal name and keep it in your personal name until the refinance takes place. This will leave you exposed to the liability of the security deed, and any consequences of foreclosure or defaulting on the loan, but it is the only way to get the refinance done in the first place.  Buying originally in your own name will save you from troubles with possible seasoning issues down the road.  Even in this instance, I still recommend putting the property into a business entity of some sort after the refinance is complete. Read More→

TONIGHT, Atlanta REIA Main Monthly Meeting

Where: Doubletree Hotel of Roswell GA (map)

How Much: No Cover Charge. Bring your friends to at no charge.

When: Tonight, Monday, November 1st from 5:30 PM till 8:30 PM

  • 5:30 to 6:00 – Registration, Meet & Greet, Networking
  • 6:00 to 6:20 – Speaker: Dustin Griffin on Membership & Revenue Sharing
  • 6:20 to 6:40 – Speaker: Attorney John Maurer on Forming a Corporation
  • 6:40 to 7:00 – Marketing Your Properties & Shameless Commercials
  • 7:00 to 7:10 – Short Break
  • 7:10 to 8:30 – Main Speaker: Dyches Boddiford on Funding Your Deals
  • 8:30 to Late – Late Nite Networking in Hotel Lobby

Tonight’s Speaker Topics

Dyches BoddifordFunding Your Real Estate Deals. Many of you have asked us how and where to get the money to fund your real estate deals in our poor economy and troubled credit market place. Now is your chance to come out to Atlanta REIA and learn firsthand from one of the best real estate investor trainers around, Atlanta’s own Dyches Boddiford. Dyches will be speaking TONIGHT on how to using various investor financing techniques and money partners to fund all of your real estate transactions so that you can seize upon some of the best home buying opportunities in our lifetime. Read More→

Tuesday, Oct 26th Live Webcast: Cut Your Mortgage to 50% Without Short Sales or Loan Mods, Avoid Foreclosure and Still Keep Your Home!

On this month’s Economic Survival Tactics Webcast on Tuesday, October 26th at 7PM, learn how to restructure your mortgage below today’s market value and still keep your house!  This is not a short sale or a loan modification. This webinar features the principals of an incredible mastermind. His group is based in California and claims over 100 successful cases and growing. On this informative call, he will explain step-by-step how you can get better-than-short-sale results with your home or investment properties and still keep the house! Here is how he describe it… “18 Million homeowners are upside down and owe more on their property than what it’s worth. Now there is a solution which most homeowners can qualify for. There are no legal hassles, no complex calculations, no loan modifications or short sale hassles, no government bureaucracy paperwork. It’s not credit score driven, therefore, it doesn’t matter if you’re in bankruptcy, have judgments against you, or you’re currently in foreclosure. Your up-side down Mortgage is restructured down to what the current market value is without you ever being off the title!” Register for the Webcast Now to learn more about how this exciting new program works!

Thursday, Oct 28th Live Webcast: An Evening with Real Estate Expert Dyches Boddiford

Dyches BoddifordOn this week’s Evening with a Real Estate Expert Webcast at 7PM, Jeff Nix will be spending the evening with local real estate legend Dyches Boddiford and you can too! In case you are new to Atlanta real estate investing and don’t know Dyches, he’s a full time investor who speaks from experience in a variety of real estate areas such as asset protection, the corporate fortress, Nevada corporations, LLCs, partnerships, self-directed IRAs, tax strategies, estate planning, bankruptcy tactics for creditors, mobile homes, private money lending, discounting notes as well as other advance real estate and business strategies. Now is your chance to learn from a legend, ask questions on a wide variety of real estate topics and get them answered live on the webcast. This is a NO SALES, TRAINING ONLY webcast you definitely don’t want to miss! Register for the Webcast Now! Read More→

Monday, Oct 4th is a Very Special Atlanta REIA Main Meeting On Charter Memberships, Credit Repair and Rehabbing for Profit

Atlanta REIA Main Monthly MeetingWe have a very special agenda planned for our next Atlanta REIA Main Monthly meeting on October 4th at 5:30 PM at the Doubletree Hotel in Roswell. Our Charter Membership drive starts Oct 4th! Dustin Griffin will be rolling out our new Atlanta REIA Charter Membership Packages and tell you how you can get paid handsomely to help us grow our Charter Membership. You must be present to participate in this month’s Charter Membership rollout.  Also, our special guest Rick Harper from Summit Credit Group is going to talk about how to repair your credit and your life as well as that of your customers, tenants and buyers. And Atlanta’s very own Pete Youngs, AKA Mr. Rehab, will be talking about how run a profitable home renovation “fix and flip” business.

Pete YoungsMore specifically, Pete is going to talk about:

  • Making an extra $10,000 average profit on every deal
  • Learn to evaluate repairs and estimate costs
  • How to create thousands in profits while rehabbing
  • Where to get low cost labor without losing quality
  • Getting contractor discount savings from 10% to 30% or more
  • Managing rehabs without doing the work yourself
  • Hands on training for “Do it Yourselfers”
  • Rehab 101 techniques to turn ugly houses into $30,000 pay checks
  • Doing minor cosmetic repairs to major renovations
  • Covering your assets using liability and lien waivers
  • Making thousands of dollars extra per deal by being the job boss
  • Being your own general contractor for the big bucks
  • And more!

Read More→

Safe ActCongress has reacted to the financial meltdown in the housing sector in a number of interesting ways. Very few of them, I feel, are likely to actually deal with the root issues of why the bubble grew so much in the first place. In 2008, the US Congress passed the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (Also called SAFE Mortgage Licensing Act or simply the SAFE Act).  The main purpose of the act was to restrict the ability to make mortgages to those that are licensed by the state. Georgia incorporated the SAFE act into law in 2010 with an update to the Georgia Residential Mortgage Act (Called GRMA) that can be found in O.C.G.A. 7-1-1000 and following to about 7-1-1018. The changes to the law have significant impact on investors who buy real property in Georgia and sell it using owner financing.

The first and easiest thing to note is that there are no changes when the purchaser is an investor. The law does not attempt to restrict buyers who are also investors. If you are an investor-to-investor seller of property, you need read no further and be glad that this is the case. Read More→