Discover Why Tampa REIA is the Hottest New REIA Club in Tampa Bay Florida
Tampa Real Estate Investors Alliance is All About Florida Real Estate Investing
Tampa Real Estate Investors Alliance (Tampa REIA) is a Tampa Florida real estate investors association for real estate investors, real estate entrepreneurs and other real estate professionals who invest in Tampa real estate for fun and profit and are dedicated to the highest level of professionalism and integrity.
Tampa REIA’s mission is to help ensure our members’ real estate success by providing extremely affordable, high quality, relevant real estate investing information and education, as well as frequent, fun and rewarding real estate networking opportunities. Our goal is to be the premier educational and networking organization for real estate professionals in the Tampa Bay area.
Posted on June 8, 2016 by
The Profit Newsletter for Tampa REIA June 2016
The June 2016 edition of The Profit Newsletter is now available for download as a High Quality PDF (print quality) or Low Res PDF for mobile devices. The Profit Newsletter is the official newsletter of the Tampa Real Estate Investors Alliance and is a digital, interactive newsletter for serious real estate investors delivered as an Adobe PDF file to read on your computer, tablet, or smart phone with a PDF reader. Many of the articles and ads in The Profit contain hyperlinks you can click to get more information online. The high res version of The Profit is “print ready” while the low res version will load faster on your mobile device. Also, be sure to Subscribe to The Profit so you don’t miss a single monthly issue.
Posted on May 16, 2016 by
Sat & Sun, July 16th & 17th @ 8:30AM – Tampa, FL
Tampa REIA Presents…
A 2-Day Member Appreciation
Real Estate Investors
Learn To Structure Deals For Passive Income Like the Top 1% of Investors…
Avoid Key Mistakes & Lower Your Risk!
Join us on July 16th & 17th for a Special 2-Day Hands-On Member Appreciation Workshop Where You’ll Learn:
- A proven way to generate cash flow from any investment method.
- How to structure your real estate investments to minimize risk and maximize upside.
- How to quantify risk and return, and how to adjust both metrics to make deals work for you.
- What key mistakes to avoid in order to earn a consistent and dependable monthly income.
- How to live a dream lifestyle with less work, less stress, more money and more freedom!
Regular Price: $797
Tampa REIA Members: $49/pp*
This is a special opportunity for 50 Tampa REIA Members Only. Seating is very limited and will fill up fast.
Learn The Closely Guarded Strategies Of The Top 1% Of Passive Income Investors!
Yes, there is a secret way to wealth. At this event you’ll discover what most will never know about creating passive income.
This is your opportunity to gain the strategies, skills, resources, and tools for building passive monthly cash flow into your business. Follow this formula to create a fortress around your family’s financial future today… and for years to come!
See a Preview of The Wealthy Code Training
Your Bonuses for Attending
The Wealthy Code Workshop
The Wealthy Code Book ($15 value)
You will receive a complimentary copy of “The Wealthy Code”, a book which is a story of how a very wealthy man shared with the author the practical secrets to becoming wealthy. The story reveals the code the wealthy use and unveils the details of the code. It allows readers to understand wealth, to build wealth, and ultimately, to become wealthy. This simple, easy-to-understand book walks the reader through advanced and powerful concepts that can help you become wealthy.
The Class Workbook ($297 value)
All attendees of the Wealthy Code Workshop get a copy of the Wealthy Code Training Workbook to use in class. The workbook contains formulas, calculations, problems, answers and examples used in class. You’ll get to complete the workbook in class and use it over and over again when needed.
The Wealthy Code Calculators on USB Flash Drive ($297 value)
In addition to the class workbook, all attendees of the Wealthy Code Workshop get a USB flash drive that contains all the Wealthy Code formulas and calculators that you will need to analyze deals and construct offers in class, at home and in the field.
Seating is VERY Limited! Register Today!
This training is presented by Paul Rossano, who has been involved in real estate for the past 15 years. He has bought and sold dozens of properties and has been involved in hundreds of transactions on both the residential and commercial side of the business as both an investor and a broker. Paul is now a lead trainer for MPactWealth. Paul’s mission is to share his vast knowledge and experience with others to help them achieve the level of success and freedom they desire and deserve.
*PLEASE NOTE: This event is only $29 and is limited to 50 Tampa REIA Members only and will fill up quickly due to this very low price for 2 full days of high quality training you can’t get anywhere else. This price will go up after early registration expires. There will be absolutely no refunds for no shows, for those who leave early or arrive late. No exceptions. Date, Time & Location are subject to change.
This event is NOT open to Non-Members. However, if Non-Members Join Tampa REIA as a new member between June 1st and June 9th, you may attend this event at no additional charge as a BIG THANK YOU for joining. Once you join, you must Register for the Wealthy Code and can do so at no charge.
Also, any Tampa REIA Member who renews their membership for an additional year between June 1st and June 9th may attend this event at no charge as well as a BIG THANK YOU for being a member of Tampa REIA. Once you renew, you must Register for the Wealthy Code and can do so at no charge.
What Others Are Saying About The Wealthy Code
Important Info for those who registered for the Wealthy Code:
Date & Time:
Saturday, July 16th – Registration 8:00am to 8:30am; Workshop 8:30am to 7:00pm
Sunday, July 17th – 8:30am to 7:00pm
Location: Doubletree Suites Tampa Bay, 3050 North Rocky Point Dr West,Tampa, FL
WARNING: DUE TO THE ADVANCED NATURE OF THIS TRAINING NOBODY WILL BE ADMITTED AFTER IT BEGINS, SO PLEASE BE ON TIME!
Here’s what you need to do:
- Read “The Wealthy Code” book (Available as Digital Download Upon Registration)
And here’s what you need to bring:
- Fully charged laptop
- Light jacket
- Business cards
Posted on June 23, 2016 by
BIG Online Webinar Replay – Watch 24/7
BIG Online Webinar Replay
Learn the Quickest, Easiest & Most Affordable Way To Get In Front Of Sellers
Watch the “BIG O” Webinar Replay
with Bill Cook
Here’s the big picture: You must let everyone know who you are and what you do. The goal is to have all the folks in your area call you if they are considering selling their property. Your next task is to separate the folks who WANT to sell from the folks who NEED to sell. And finally, when you find a motivated seller, you must be able to creatively structure a win-win deal, as well as be willing to pull the trigger quickly – ’cause great deals don’t hang around long!
By far, the MOST effective thing we do to accomplish the above goals is knocking on sellers’ doors and asking Pete Fortunato’s famous question: “Why are you selling such a nice house like this?” Nothing, nothing, nothing works better than knocking on sellers’ doors!
I know that, in this day of iPads, websites and high-tech gadgetry, many will disagree with me. That’s fine. But realize that, for the most part, the ones who disagree with me have NEVER gone out knocking on sellers’ doors. Think about it: What’s the point of websites, direct mail campaigns, squeeze pages, dialing for dollars, etc.? Isn’t it to get you face-to-face with a seller?
If you want to learn more about how to get face-time with 8 out of every 10 sellers you meet, be sure to watch this Webinar Replay we recorded live with Bill Cook on May 25, 2016 at the Beginning Investors Group Online where he taught us the “Quickest, Easiest & Most Affordable Way To Get In Front Of Sellers!” Watch the Webinar Replay Now! Read More→
Posted on June 15, 2016 by
Wed, June 22nd @ 7PM ET on GoToWebinar.com
June 22nd, 2016 at 7PM ET on GoToWebinar
Learn To Do Your Due Diligence on Your Deals
A Live Webinar with Russ Hiner
Register @ bigonline.tampareia.com
No Charge to Attend Online for Members or Guests!
New investors often have lots of questions when it comes to evaluating a property and doing their due diligence. Questions like…How do I know if a property is a good deal or not? Should I do my due diligence before or after I get a property under contract? How do I determine the property’s value before and after repairs are made? How do I determine how much repairs will cost? How do I check title? How much valuable information can I pull from public records?
If you would like to get the answers to these questions and more, this is definitely an online meeting you don’t want to miss!!
You Will Learn:
- What your due diligence priorities should be
- Where to do your due diligence
- How to determine a due diligence plan
- Buying houses with tenants in them, buying vacant houses, multi family
- What to do when your plan doesn’t work!
- And much, much more…
Learn what “buyer beware” really means, register now and join us on Wednesday, June 22nd at 7:00 PM ET.
No Charge to Attend ONLINE for Members or Guests!
If you are really serious about upping your investing game, You should NOT MISS this webinar!
About The Beginning Investors Group Online (BIGO)
The Beginning Investors Group Online ( The “BIG O” or BIGO) is an new ONLINE educational group for new investors who are just getting started in real estate investing as well as “new again” real estate investors who’ve taken a few years off and are looking to get back in the game.
We will be bringing in local and national real estate experts to teach new investors how to survive and thrive in our ever changing economy and real estate market. The entire purpose of this group is to help new investors get their first deal and help new again investors get their next deal.
The Beginning Investors Group Online meets on the 4th Wednesday of each month from 7:00 PM ET to 9:00 PM on GoToWebinar. The main presentation will start at 7:00 PM ET and go to approximately 8:30 to 9:00 PM.
Register for BIG Online Now via GoToWebinar.com
Posted on June 8, 2016 by
Deal structuring is hands down the most important skill to learn when it comes to creating success as an investor, but what exactly does that mean? Well, it basically means arranging your financing in such a way that you have the proper balance between RISK and RETURN.
I’ve been a full time investor for over 15 years and I’ve taught “The Wealthy Code” to thousands of investors all over the country, and the reality is most investors know how to measure their return on investment (ROI), but very few understand how to measure RISK, and therein lies a HUGE problem.
Why is not understanding how to measure risk so significant? Well, let’s imagine these 3 scenarios. Read More→
Posted on June 8, 2016 by
Perhaps you’re a new real estate investor who has thought about using real estate comps to dive into real estate investing but have been hesitant due to a feeling that the market will collapse once you get in and you will lose all your money. Well rest assured; you are not alone.
Fear touches every new investor; and no one successfully investing in real estate today would tell you otherwise. So let’s address some of the most common fears and see whether we can help calm you and urge you to take the plunge into real estate investing.
Having to feed a property won’t cut it; no investor wants to feed a rental property. Believe it or not, this fear might be the easiest to manage because it’s straightforward: simply run the numbers before you buy, using real estate comps makes this a breeze. Obtain the property’s last twelve months income and operating expenses, calculate a mortgage payment, and plug the results into a spreadsheet or real estate investment software program to determine cash flow. If the cash flow is negative, weigh the deal and decide. If the numbers work then, move forward. Read More→
Posted on June 8, 2016 by
One of the most common questions I get asked is “how do you find master lease option deals?” In this article I will show you how I have found most of my master lease option (MLO) properties.
The short answer to this question is REALTORS!
I will acknowledge that in the single family investment market, most hot deals probably come from your own advertising or from wholesalers that find you the best deals. In the commercial world the game changes significantly. Most sellers of a commercial property, such as an apartment complex, are not going to go out to the road and put up a FSBO sign hoping a buyer rides by and sees the sign. Most of the best deals are not on Loopnet.com either. While advertising such as direct mail and other forms of marketing can work in the commercial world, I have found that the response rate is usually too low to be worth the effort. The response is significantly lower than when advertising for houses. Read More→
Posted on June 8, 2016 by
Right now, in my office, I am receiving short sales from sellers who decided to do a loan modification which was only valid for 3-5 years. In my opinion, this is the second wave of short sales that you will be coming across. Many Investors stay away from short sales because they say it takes “too long” or they do not want to negotiate the short sale itself. After speaking with them, I find out that they really don’t understand the short sale process. So they miss out on BIG profits that are available by making offers on short sales that are listed and/or controlling the whole deal by finding the seller that needs to do a short sale, list it and have a title company process the short sale. When you close and make your $thousands$, that would get you real excited about short sales! The key to a successful short sale is making sure that the Short Sale Lender has the correct value on the property and this is where so many Investors and Realtors fail!
Many title companies will agree to negotiate the short sale on the property for the cost of title work so all they need is the financial package from the Seller and a Purchase Agreement from YOU! In fact, title companies are contacting the Seller directly, so you do not even have to obtain the information from the Seller when it is needed. Why, then, are Investors not making offers??? I believe it is due to a lack of knowledge. You have to know what to tell the title company’s negotiator to say to the short sale lender’s negotiator if you want to create a great discount. My Home Study Course teaches you what to say and ask, in order to create your great discount. Read More→
Posted on June 8, 2016 by
Using the people around you to locate motivated sellers for you is a great way to find even more deals absolutely free. Think about it, the more people you have locating deals for you, the more deals you are going to make. And personally, I always advocate “free” techniques for finding motivated sellers, especially those of you with a very limited budget for marketing.
So how are we going to find these people to find deals for us? Well first of all, look around you. Friends, relatives and co-workers are good sources of leads for you. They usually live, drive and work in different areas of town than you do and they come in contact with a lot of people that you simply won’t. So they are likely to bring you deals you would never know about otherwise.
You can also ask anyone who does deliveries to be a bird dog for you. For example, mail delivery, Fed-X or UPS delivery people are delivering packages all over your area and can tell you about vacant houses they may see. In fact, you could even give them some of your business cards to stick in the doors of vacant houses they find. Just have them write their first name on the back of the card so you can pay them if you get a deal from it. Read More→
Posted on June 8, 2016 by
In my early twenties, I’d decided that to be successful, I needed to buy a Mercedes Benz and a gold Rolex watch. Dean Kates, who was my mentor back then, told me the following story to help me understand that greatness comes from within, not from what you own – that bling is pretty much meaningless!
After many years away, a world-famous violinist returned to his small hometown in Georgia. He came to play a benefit concert to raise much-needed funds for his high school’s music program. Because the violinist was one of the very best musicians in the world, the town spared no expense rolling out the red carpet for him.
At a reception held two hours before the concert, many of the performer’s high school chums showed up to pat him on the back and wish him well. As a group, they asked to see his one-of-a-kind Stradivarius that had been built in the 17th century. It was said that the music that flowed from his Stradivarius was the sweetest, purest, most heart-touching melody the world has ever known. Read More→
Posted on June 8, 2016 by
Can any bank foreclose on your house? You would think the answer would be a resounding “no!” A reasonable person would assume that only the bank that lent you the money to buy your house or bought your loan through a legitimate sale would be able to foreclose on your home. Well, until a recent decision in the California Appellate Court, that wasn’t necessarily the case.
In a May ruling from the California Court of Appeal, it was finally and clearly declared that “only the person or institution entitled to payment may enforce the debt by foreclosing on the security.” That is to say that a bank must prove a clear chain of title on any loan on which it intends to foreclose. In this specific case, there was a void assignment of a Monica Sciarratta’s note to US Bank. US Bank then claimed the right to foreclose. Sciaratta then sued for wrongful foreclosure and won in this decisive ruling from the Court of Appeals.
The court also included in the Sciarratta ruling a clear indictment of the attitude many judges take that says that a borrower who defaults deserves to have their home foreclosed upon, no matter who does the foreclosing. The Court stated that “The borrower owes money not to the world at large but to a particular person or institution” and that person or institution is the only one allowed to foreclose in the case of a default on that debt. Read More→
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