Archive for September, 2017

Beach REIA Meets September 21, 2017

Posted on September 21, 2017 by
Thurs, September 21st @ 6:30PM in Madeira Beach, FL
Beach REIA
Buy – Sell – Trade – Promote – Network
Thursday, September 21st at 6:30PM
Hooters, 192 W Boardwalk Pl, Madeira Beach
No Cover! Everyone Welcome!
RSVP on Facebook or RSVP on Meetup

Beach REIABeach REIA meets every 3rd Thursday at 6:30PM at Hooters located at 192 W Boardwalk Pl in Madeira Beach, FL. Beach REIA is hosted by Courtney Larsen, Mark Lepzinski, Rex Gaugh and Elia Luti.

There is NO FEE TO ATTEND and EVERYONE IS WELCOME for an evening of networking and fun with other active, successful, like-minded real estate investors.

There is no agenda other than getting together, having fun, networking and making as many deals happen as possible.

Our goal is to get the Real Estate Investing community together in a fun setting where we can discuss opportunities, ideas, brainstorm, network, and figure out additional ways to help each other make more money investing in real estate.

Again, there is no agenda, no fee to attend and everyone is welcome! So come on out and network with us and let’s have a good time and talk about deals!

Bring your friends, bring your business cards and flyers, bring your haves and wants and LET’S DO SOME DEALS! See you there!

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Please RSVP on Meetup.com

See Tampa REIA Events Calendar for More Events!
Thu, Sept 28th @ 6:30PM at Hilton Tampa Westshore (NEW!)

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Tampa REIA Presents, the ALL NEW
Beginning Investors Group
Kick Off Meeting
With Local Real Estate Expert Panel
Thu, Sept 28th, 2017 @ 6:30PM
Hilton Tampa Airport Westshore
2225 N Lois Ave, Tampa, FL
Everyone Welcome! Attend 1st Meeting at No Charge!

RSVP on Facebook or RSVP on Meetup

Beginning Investors Group (BIG)The Tampa REIA Beginning Investors Group (BIG) is a BRAND NEW, educational and networking special interest group for new investors who are just getting started in real estate investing as well as “new again” real estate investors who’ve taken some time off and are looking to get back in the game and take their business to the next level and beyond! 

BIG is also a great place for experienced investors to learn some of the latest and greatest real estate investing tips and strategies from other seasoned investors who are teaching and leading the next generation of real estate investors. It is also a great place for experienced investors to meet new investors, to work with them and make deals happen! 

Dustin GriffinDavid MinorThe Beginning Investors Group (BIG), hosted by David Minor and Dustin Griffin, meets on Thursday, September 28th and the LAST THURSDAY of each month from 6:30 PM to 9:00 PM at a Hilton Tampa Airport Westshore located at 2225 N Lois Ave in Tampa.

This month’s meeting is sure to be incredible! We’re kicking things off with a Power Panel of Local Real Estate Experts… some of their names you may recognize and some you might not… all of them having completed hundreds of deals over the years representing millions of dollars in transactions. Find out how they got started, why they chose to invest the way they do and how to you too can prepare yourself to be successful in real estate investing.

Each month, David and Dustin will be bringing in local and national, successful, active 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!

There will be lots of learning, lots of networking and lots of fun. Invite your friends and bring your deals, your business cards, flyers, haves, wants, needs and questions meeting for discussion and new opportunities.

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Please RSVP on Meetup.com

Sponsors for BIG Meeting Wanted

Your Logo HereWe’re looking for vendors interested in sponsoring our Beginning Investors Group. We have plenty of advertising opportunities available for promoting your company at the BIG meeting as well as in our Profit Newsletter, email marking, text message marketing, our website and social media pages such as Facebook, YouTube, Meetup and more. For more information, contact David Minor or Dustin Griffin on Facebook Messenger or call (813) 358-8050. Thanks!

See Tampa REIA Events Calendar for More Events!
Wed, September 27th @ 7PM on GoToWebinar

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Beginning Investors Group ONLINE
You Don’t Need Money Or Cred To Buy Houses! September 27th
@ 7PM on GoToWebinar
with Don DeRosa

No Charge to Attend for Members or Guests
Who Attend Online via GoToWebinar.com!

Don DeRosaHave you ever watched those tv programs that show couples flipping properties for tens of thousands of dollars and wished you could do that? Do you wish that you could find something that could provide you with additional income that would make your life better? Well guess what. Real estate might be your answer and it’s easier than you think. Most people think you have to have lots of money or good cred to buy real estate. Some people even think you have to be really smart. The truth is NONE of this is true! Don’t get me wrong, having any and all of those things are helpful but definitely not needed. In fact, most of the time I prefer to teach people with none of those things because then you can’t use them as a crutch!

This month on the BIGO broadcast, I will be showing you how to make money without any of your own money or cred. All you will need is your willingness to learn and your ability to apply simple techniques. I will show you how to identify a property, put it under contract and simply assign that contract to someone else for a fee. I will also show you how to buy properties where the homeowner just deeds over the property to you and you become the owner. Can you imagine buying properties where you never have to use your cred and never have to go to the bank ever again. Would you like to buy a new home to live in but can’t afford the down payment? That’s no problem, I’ll show you how.

Here is some of the items you can learn from this session:

  • How to find properties to flip for virtually no money out of your pocket
  • How to identify what is a good deal and what is a dud
  • What three tiny pieces of paper can make you $10,000 per month
  • How to upgrade to the house of your dreams without needing a bank
  • How to buy property after property even if you have horrid cred and no money to your name
  • And Much, Much More!

If you’ve ever said these words to yourself, “ I wish I could afford that…” then you need to be on this broadcast. This could be the most important session you go to your whole life. There are two types of people out there in this world. Those that “Dream” and those that “Do.” Which do you want to be? Be on this month’s broadcast on Wednesday September 27th @ 7PM ET and let me change the statement from “I wish I could afford that…” to “How can I afford that?” Let me leave you with this thought. “ If you don’t build your dream, someone will hire you to build theirs”. Is that what you want? RSVP NOW!

Register Now!

The Beginning Investors Group Online ( The “BIG O” or BIGO) is an 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.

TO ATTEND ONLINE: 7:00PM Start Time. To attend the Beginning Investors Group Online via your PC, smart phone or tablet, Register Here for the Broadcast on GoToWebinar.com and you will be emailed login instructions for the event.

Once you get your Webinar Confirmation Email, you can login on about 5-10 minutes prior to the 7PM start time to reserve a spot using your PC, Mac, Tablet or Smart Phone. You can download the GoToWebinar App here on iTunes App Store or the Google Play Store.

See Tampa REIA Events Calendar for More Events!
Thu, Oct 12th @ 6PM at Doubletree Suites Tampa Bay

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Tampa REIA – October 12th
at the Doubletree Suites Tampa Bay
How You Can Put $20K
In The Bank Each Month

with Robyn Thompson,
the “Queen of Rehab”

Tampa REIA Members Can Attend for no charge.
Guests Can RSVP Online Now for $15 or Pay $20 at the Door.

RSVP on Facebook or RSVP on Meetup

Robyn ThompsonWe are very excited at Tampa REIA to announce that Robyn Thompson, “The Queen of Rehab”, will be our special guest speaker on Thursday, October 12th at 6:30PM at the Doubletree Suites Tampa Bay located at 3050 North Rocky Point Dr West in Tampa, FL. Robyn has visited our group many times over the years and each time she delivers something very powerful and special. This meeting is no exception and is an event you certainly DO NOT want to miss!

If you’ve ever seen those Fix & Flip shows on TV and ever thought about investing in real estate, ask yourself…

  • Are you tired of living paycheck to paycheck?
  • Are you sick of your same old job?
  • Are you looking for another way to create wealth?
  • Are you ready to start a business that will generate huge chunks of cash?

If you answered YES to any or all of these questions, then RSVP NOW and join us! Robyn is the nation’s leading expert on buying properties at deep discounts, renovating them at lightning speed and selling them quickly for huge chunks of cash. She takes her business very serious and has turned it into a fine tuned machine. She has rehabbed well over 390+ properties in her investing career and rehabbed as many as 51 houses in single year. She treats her real estate investing business as a serious cash machine and not just a hobby.

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At the meeting, Robyn will teach you…

  • Her Buying Machine
  • Where to Find Properties to Rehab for profit
  • 10 Criteria to Ensure High Profit Deals
  • The Rehab Process
  • Locating the Best Contractors to Get the Job Done
  • Prescreening Contractors
  • 9 Types of Houses to Never buy
  • 4 Strategies to Funding Deals when You Have No Money
  • Maximum Allowable Offer formula
  • Selling Houses in a Down Market
  • The Most Critical “WOW” Factors to Sell the house
  • Marketing to Attract “A” Credit Buyers
  • Prescreening Buyers in 4 Minutes to Ensure they can buy
  • And That’s Not All…

BonusSPECIAL BONUS for Meeting Attendees: Robyn also has a very special bonus for those who attend our meeting while supplies last. She will be giving away a brand new audio CD she created with Ron LeGrand called “Rehabbing Creates Big Fat Checks”. RSVP NOW so we know you are coming and make sure we have enough copies. Don’t miss this meeting if you want a CD!

As you can see this will be a knowledge packed evening full of excitement and education. Make a list of your questions and have them ready for her at her table following the end of the meeting. Robyn will hang out after the meeting and answer as many questions as possible for you all. All this is happening on Thursday, October 12th at the Tampa REIA Main Monthly Meeting. RSVP NOW!

RSVP Now!

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Please RSVP on Meetup.com

As always, Tampa REIA Members can attend the event at no charge and Non-Members can Register Online for $15 or pay $20.00 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! See you there!

*Meeting Agenda
6:00 PM: Tampa REIA Meeting in Tampa
6:15 PM: Announcements, Introductions, Haves & Wants
7:30 PM: Feature Presentation with Robyn Thompson
9:30 PM: Late Night Networking at Bahama Breeze

*Please Note: Meeting agenda is subject to change.

5 Days & 4 Nights in CancunWIN A VIP EXPERIENCE JUST FOR YOU: All participants who attend the Tampa REIA Meeting will entered into a drawing for a chance to win a *Complimentary 6 Day, 5 Night Stay for You and a Guest at One of 6 Incredible Mexico Destinations! *You must be present at the meeting to win. Giveaway does not include dining, transportation, transfers, taxes, upgrades, etc.

9:30PM: Late Night Networking at Bahama Breeze
Late Nite Networking at Bahama Breeze

Bahama BreezeAfter the conclusion of the Tampa REIA Main Meeting (around 9:30PM), we will be reconvening at Bahama Breeze located at 3045 N Rocky Point Dr E in Tampa for the “Meeting after the Meeting” with Tampa REIA Crew. Come eat, drink, network and have fun with us as hang out late into the night on Tampa Bay!

See Tampa REIA Events Calendar for More Events!
Sat & Sun, October 14th & 15th at Doubletree Suites Tampa Bay

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Tampa REIA Presents…
How to Turn Houses That Need Renovations into Quick Cash in Today’s Fast Paced Market!
A Full 2 Day Workshop with
the “Queen of Rehab”
Robyn Thompson
Sat & Sun, Oct 14th & 15th from 9AM–5PM
Doubletree Suites, 3050 North Rocky Point Dr West in Tampa, FL
Early Registration Special is Going on NOW Expires Oct 12th at Midnight!
Register Now, Save & Get Bonuses!

Robyn ThompsonJoin Robyn to Learn How to Turn Foreclosures, Estate Sales and Unwanted Houses into Fast Cash!

Robyn Thompson has taught thousands of students how to achieve economic independence by investing in distressed properties. Robyn has made retailing homes a science and she knows every technique imaginable to locate profitable deals, renovate distressed properties at lightning speed, minimize holding costs, and qualify good credit buyers and expedite closings so you can collect a big check.

In this special one-of-a-kind workshop right here in Tampa, Robyn Thompson will show you more of her proven, effective, affordable methods that she briefly touched on at Thursday’s meeting..

She will instruct you on:

  • Her Buying Machine
  • Where to Find Properties to Rehab for Huge Profit
  • The 9 Types of Houses to Never Buy
  • The Rehab Process
  • Locating and Hiring the Best Contractors to Get the Job Done
  • Prescreening & Controlling The 8 Contractors on A Dream Team
  • The Magic Buying Formula to Ensure Huge Profits
  • The 3 Critical Steps to Selling Houses in a Down Market
  • The 21 Critical “WOW” Factors to Make the Home Sell
  • 8 Marketing Strategies to Attract “A” Credit Buyers
  • How to Prescreen Buyers in 4 Minutes to Make Sure They Qualify for a Loan

Robyn has rehabbed over 390+ properties in her 20 years of investing and the majority of her profits were made on properties that were in a depressed market.

BonusSPECIAL BONUS: All Workshop Attendees with receive as a gift… the “Hire The Best, Fire The Rest” Audio CD by Robyn Thompson! Register NOW to Reserve Your Copy!

PLUS! An ADDITIONAL BONUS:
An Extra Day with Robyn on Advanced Wealth Building Strategies All Day Sunday!

One of the reasons we LOVE having Robyn Thompson here in Tampa because she often brings additional education and training with her. We asked her if she would do that for us and she said YES!

On Sunday, October 15th, attendees can get more time with Robyn Thompson, The Queen Of Rehab, to really pick her brain at a much deeper level on how she has built a Massive Passive bunch of keeper properties. This will be a detailed road map to follow step-by-step of her “advanced” strategies. She will show you in detail exactly how she built a massive Buy and Hold Portfolio that will crank out passive income for your retirement.

As you can see this will be a knowledge packed weekend full of excitement and education. We look forward to seeing you at this great event on Saturday & Sunday, October 14th and 15th!!

Register Now!

*PLEASE NOTE: Early Registration Expires on Thursday, October 12th at Midnight. Tuition will increase by at least $20 per person on October 13th. Non-Members who join Tampa REIA on or before October 12th, 2017 can attend the workshop for NO CHARGE. Also, Tampa REIA Members who renew their membership for an additional year on or before October 12th, 2017 can attend the workshop for NO CHARGE as well. When joining Tampa REIA or renewing your membership, please indicate that you want to attend the workshop at no charge. You can join Tampa REIA at http://tampareia.com/membership.

See Tampa REIA Events Calendar for More Events!
Wed, Oct 11th @ 6:30PM at Del Frisco’s Westshore (NEW!)
Tampa REIA Presents, the ALL NEW
Savvy Investor Networking
Buy – Sell – Trade – Promote – Network
Wed, October 11th, 2017 @ 6:30PM
Del Frisco’s, 4138 W Boy Scout Blvd, Tampa
Everyone Welcome! Attend 1st Meeting at No Charge!
RSVP on Facebook or RSVP on Meetup

Savvy Investor Networking (SIN Tampa)Savvy Investor Networking (SIN) is a brand new Tampa REIA Networking Subgroup that meets for the very first time on Wednesday, October 11th (2nd Wednesday) from 6:30PM to 9:30PM at Del Frisco’s Grille located at 4138 W Boy Scout Blvd in Tampa (Westshore) near the airport. SIN is hosted by Dustin Griffin, David Minor, Denise Brown and Tangie Cousins.

Your Hosts

Not only will this be our first Savvy Investor Networking event, but it will also be our first post hurricane investor happy hour networking get together.

Many of you have been cooped up at home or out of town for days and are probably getting a little stir crazy. Let’s get together!

We know you are working hard trying to get life back to normal, so why not get together with some of your fellow real estate investors and share hurricane stories over drinks, network, brainstorm, and get back to doing what we do best… solving problems and making deals happen?!?!

Your Network is Your Networth!

The entire purpose of Savvy Investor Networking is to bring that Beach REIA vibe to the Tampa Bay Real Estate Investing Community together in a fun, festive environment where we can network, discuss real estate opportunities, share resources, brainstorm ideas, ask questions, get answers and figure out additional ways to support one another, our community and all make more money.

Invite your friends and co-workers and be sure to bring your business cards, your flyers and come prepared to promote yourself, your deals and your business!

Everyone Welcome! Attend 1st Meeting at No Charge!

RSVP on Facebook

Please RSVP on Meetup.com

See Tampa REIA Events Calendar for More Events!
Tue, September 19th @ 1PM in St. Pete, FL
Onsite Renovation Group
Hands-On Learning “Onsite” at Real Renovation Projects
Tuesday, September 19th at 1:00PM
1716 23rd Ave N, St. Petersburg, FL

1716 23rd St NPlease join us on Tuesday, September 19th at 1:00PM for the Tampa REIA Onsite Renovation Group (ORG) to learn all about finding, funding, fixing, and flipping houses for big profits. This month’s meeting will be held at a renovation project located at 1716 23rd Ave N, St. Petersburg, FL.

David MinorThis month we meet at David Minor’s property at 1716 23rd Ave N, St. Petersburg, FL. David bought the property as a small 1500 sqft, 3 bedroom, 2 bath home. He is transforming it into larger 4 bedroom, 3 bath Smart Home with all the latest gadgets. Come see the rehab that is well underway and visit us again when the rehab is completed. David will also show us a few of his other rehabs in the area. RSVP Now!

Tampa REIA Members & Guests, Please RSVP on Meetup.com
Tampa REIA Members & Guests, Please RSVP on Meetup.com

RSVP on Facebook

Onsite Renovation GroupThe Tampa REIA Onsite Renovation Group is an exciting new educational and networking group that focuses on the acquisition, renovation and retail resale (fix & flip) or rental (buy & hold) of single or multi family residential homes in the Tampa Bay Area. The purpose of the group is to allow both new and experienced rehabbers and investors to meet, network, share knowledge and learn from each others successes and mistakes while getting “hands on” experience at real rehab properties.

Jim MieraThe Onsite Renovation Group, hosted by Jim Miera, meets on the 3rd Tuesday of each month at 1:00PM at an active renovation site, build site or rental property which will vary from month to month and be announced prior to the meeting on the Tampa REIA Calendar.

Come join us to learn how to rehab houses for big profits the right way… you will be glad you did!

See Tampa REIA Events Calendar for More Events!

The Profit September 2017 Edition

Posted on September 18, 2017 by
The Profit Newsletter for Tampa REIA September 2017
Download the September 2017 Edition of The Profit Newsletter Now!

The Profit - September 2017 - High Quality PDFThe September 2017 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.

Download Now!
High Quality PDF / Low Res PDF
See The Profit Archives for our past editions.

 “The more I examine the issue of clutter, the more effort I put into combating it, because it really does act as a weight.” ~ Gretchen Rubin

The Key Ring app is a mobile wallet that can consolidate all your store loyalty reward cards. This is a great way to keep all your cards in one place and stay organized with lists and coupons right in the app. Instead of cluttering up your physical key chain, the app allows the user to hold all the store membership cards. So, you’re never without them! It also holds gift card information, which is great! Never lose track of a gift card again. This app has over 12 million downloads, making this one of the most practical and useful apps.

This digital wallet makes your rear facing camera a barcode scanner, just point and shoot your membership card. Just be sure to get a clear view of the barcode on the card. It will recognize all the data associated with that barcode and store it for you. To present the card in store just show your phone. The barcode for that store’s loyalty card will appear on screen that the clerk can scan at the register.  Read More→

The Power of a Refusal Option

Posted on September 18, 2017 by

I hate being an idiot, but when you screw up like I just did, it qualifies me to be the biggest nimrod in the land!

The most powerful document in real estate investing is the option agreement.  Sadly, the least used and most misunderstood document in real estate also happens to be the option agreement.  Why don’t more folks know how to effectively use options to control property?  Probably because there are so few investors who have experience using options. 

Most folks have heard of Lease Options, but what about Purchase Options, Performance Options and First Right of Refusal Options, to name but a few?  Read More→

Many students have asked me “Can you short sale a reverse mortgage?” and I had informed them that I have never done one before.  However, recently I have received two seller leads who have reverse mortgages that had asked for assistance in selling their homes.  A Reverse Mortgage is different from a regular mortgage that a homeowner would receive. 

A Reverse Mortgage is normally used by elderly individuals who owned their home free and clear that don’t want to have a monthly mortgage payment, want their equity out of the home and want to continue living in their home until their death.  Here is my understanding of a reverse mortgage.  Read More→

Real estate held within a real estate IRA is no different than real estate held elsewhere. Most of the same general principles that are applicable to any other real estate investment apply to real estate IRA properties, including contractor selection and hiring. This piece will deal primarily with the specific issues that apply to real estate IRAs (as well as real estate investments held within self-directed 401(k)s, SEPs, SIMPLE IRAs and other tax-advantaged accounts).

  1. Observe prohibited transaction rules. When you own a real estate IRA, there are certain restrictions on whom you can bring on as a contractor to help fix, repair or renovate your real estate IRA properties. First of all, you cannot hire yourself. You cannot work for direct compensation or salary in any capacity in your real estate IRA. The IRS enforces very strict laws that prohibit you from using your real estate IRA to transact directly with yourself, your spouse, your children, grandchildren, parents or grandparents or those of your spouse, as well as any advisor who works with you on your real estate IRA in a fiduciary capacity. The same goes for any corporation or other business entity they control.  Read More→

I firmly believe that learning how to manage your rental properties as a Real Estate Investor is instrumental to the success and profitability of your income properties and your sanity, especially in today’s market where so many investors are buying and holding property.

As a Real Estate Investor, you don’t have to hire a property management company to manage your rentals unless you really want to. You can manage them yourself easily if you set down some specific rules for your tenants and your business. Once you reach a number of rentals where it becomes a lot more work than you want to deal with, then you may want to hire a property management service. But if you own fewer than 30 rental properties for example (I’m talking about single family homes or duplexes) you can definitely handle the management yourself by simply following a few rules.  Read More→

The Destroyer of Happiness

Posted on September 18, 2017 by

In this article, I will go over a life-threatening thinking disease most of us have (but are unaware), a way to cure that disease, and immediate actions you can take to cultivate happiness.

For the majority of my life I was plagued with a disease. This disease was the root of much pain and regret, along with endless rumination and misery.  I was pursuing a career as a musician and was fixated on the material wealth, vanity, and approval of others. Deep down inside I was truly empty.

I was never happy with any and all aspects of myself and my life, as a result of this self-hatred I criticized myself, family and friends, pushed everyone away, and sabotaged anything good in my life. What masked the underlying issues was a pattern of nit picking everything to avoid taking a good look at myself and the baggage I was holding onto. What troubled me most was that I had the most beautiful life and an abundance of happiness right in front of me, but I was plagued with NGE.  Read More→

Over the past few weeks I have had several conversations with investors who say they can never get any seller to give them seller financing terms. This just doesn’t make sense to me. I have in the past, and still do have success getting seller financing terms on many of the properties I buy. After having these conversations and several days to think about what the investors said to me and why they are having absolutely no success getting the sellers to give them any type of seller financing terms is why I decided to write this article.

One of the investors I talked with told me he is buying as many as 35 houses every month, paying cash for them.  This investor has already put together a group of private lenders who provides him with all of the money he needs to buy his properties. For him and all others who have private lenders providing them with the cash they need in my opinion have a wonderful thing going for them and I wish them much success. This article isn’t for those who already have all the money they need to do their deals. This article is for the majority of investors I meet who have little or no money or they don’t have private lenders who are willing to fund their deals.  Read More→

Tracking even the little expenses is important.

How does most of the money you owe individuals and companies get disbursed? Do you print checks, or write them by hand? Use credit cards? Pay online through your bank’s website?

Keeping track of your outgoing funds can be challenging, since there are so many ways to complete those transactions. But it’s important that all expenses are recorded correctly and consistently, to keep your company file accurate. In addition, so many of your expenses are tax- deductible. You don’t want to miss any of them.  Read More→

When Disaster Strikes

Posted on September 18, 2017 by

As most people know hurricane/ tropical storm Harvey has left a path of destruction in Texas and Louisiana. Now, only two weeks later, hurricane Irma is projected to hit Florida. These disasters do not come around as often as a foreclosure, fire, broken pipes, job loss, deaths or a number of other things but all these are life changing events in people’s lives. Keep this in mind when making an offer on their home.

The easiest way to make a profit in real estate, much like most things, is to buy low and sell high. If you are sourcing your own deals and speaking directly to these sellers you need to fully explain the reason behind your offer.  Read More→

In February 2017, I wrote about beginner’s rules and the first presentation a person could do when looking to raise capital.  I talked about the mistakes that I made early on. I just changed the names to protect the innocent, me.

I want you to think about being able to raise private money from local sources, business people, retirees, and people who have money sitting in banks or accounts that are barely earning them a .01% rate of return.  If you are one of those people then we need to talk.

So, picture yourself walking up to people and building a relationship. Is this scary? Is this awkward? Is this a cake walk?  Read More→

The Successful Deal

Posted on September 18, 2017 by

Many business owners try their hand at various business deals before stepping into their sweet spot.  Real estate investing is the avenue that many people have used to make their mark in the business world.  Ready to dive into the real estate market by investing in a rental property? The opportunities are ripe, but I certainly don’t want you to make any mistakes so follow these tips and you’ll be on your way to securing a successful deal.

First, the only numbers you should trust are yours.  Use REIAComps to do your due diligence which should involve determining the best purchase price and After Repair Value (ARV), along with potential expenses, maintenance fees, and any other costs associated with a given property. Double check any information provided by the broker or seller.  One of the easier avenues to check is REIAComps.  Confirm all of your numbers so you know exactly what kind of expenses to factor into the deal.  Read More→

The Art of Prescreening

Posted on September 18, 2017 by

In this article, we’re going to be discussing one of the essential skills you must possess if you’re going to be successful in this real estate (or any other) business.  When you master this skill, you’ll be MUCH more efficient with your time, reduce frustration & anxiety, and keep your self-respect and motivation.  Sound good?

Of Course, I’m Talking About How To Properly Pre-screen People.

We all know that the first thing we need in any business is LEADS – people who have raised their hands to signal that they’re interested in either our product or service…or are at least interested in getting more information about it. In real estate, this could simply be a list of people who either want to sell their house or buy a house.  Read More→

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