Archive for November, 2018
Tampa REIA with Lawrence Malloy on Evaluating Deals on December 13, 2018
Posted on November 29, 2018 byat the Doubletree Suites Tampa Bay
with Lawrence Malloy
RSVP on Facebook or RSVP on Meetup
Tampa REIA Members Can Attend for no charge.
Guests Can RSVP Online Now for $15 or Pay $20 at the Door.
Join us at the Tampa REIA Main Meeting on Thursday, December 13th from 5PM-9PM at the Doubletree Suites Tampa Bay located at 3050 North Rocky Point Dr. West in Tampa, FL where Lawrence Malloy will be discussing how he evaluates deals.
A common saying in our industry is that “You make your money when you buy, you get paid when you sell.” To make your money when you buy, means you have to buy right. Well, during this month’s Tampa REIA Meeting, Lawrence is going to show us how he evaluates his potential deals.
Lawrence says… “as a local investor right here in Tampa, I see a ton of deals that come across my desk from wholesalers and time and time again, I wonder why would they think this is an actual deal? What I wanted to do is break down the extremely effective way that we evaluate deals here at Ethical Home Buyers. We’ve purchased over 400+ properties over the past 15 years and one of the few constants in my office is how we evaluate the deals. Let’s face it, if it’s not broke, why fix it? Not only do we purchase a lot of homes, we are able to evaluate them quickly and efficiently. In my presentation, a few things that I will be teaching you is…
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I’m going to teach you step by step how to take the information that you gathered from your lead sheet and see if you have a dud or a stud.
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How to evaluate a deal so you can have the confidence to make offer’s fast
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I’ll show you the exact formula I use to run comps
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I’ll show you how to align yourself with a Realtor, so you can have access to their MLS which will allow you to get the most accurate comps
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I’ll show you why understanding your exit strategy before you enter is key
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I’ll show you how I’m able to buy houses, condo’s, townhomes, and mobile homes with complete confidence
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I’ll show you 11 types of houses you should probably steer clear of
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Answers to your questions and much more!
Lawrence Malloy is the owner and CEO of the investment company, Ethical Home Buyers, National Speaker, Investor Coach, Mentor, President of GOREIA (Greater Orlando Real Estate Investors Association) and is a licensed Real Estate agent in Florida. Throughout the past 15 years, by using his various dynamic approaches to marketing, he has bought and sold over 400+ properties from as low as $3,000 to as high as $1.6 million. Read More>>
Come join us on Thursday, December 13th at Tampa REIA with Lawrence Malloy and learn how to evaluate deals better and faster! RSVP NOW & DON’T MISS IT!
As always, Tampa REIA Members can attend our July Main Meeting event at no charge and Non-Members can Register Online for $15 or pay $20 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 Thursday, December 13th! See you there!
*Please Note: Meeting agenda is subject to change.
*Please Note: Meeting agenda is subject to change.
with David Minor
Join David Minor this month at the High Tech Home Buying Creative Deal Structuring Subgroup (AKA the “Meeting Before the Meeting”) as he discusses how to multiple offers to every seller you talk to. David is going to show you how to take any potential deal and make up to 3 offers on every house.
Making multiple offers increases your chances of getting a contract ten fold. He will show you ow to make an all cash offer and several owner financed offers on every deal will allow you to offer the seller more money than simply offering one, low, all cash offer.
If you’ve got deals you’re working on, bring them and David will help you figure out a few offers so you can make some money!
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 6:20 PM, Dustin Griffin kicks off the Tampa REIA Main Monthly Event with updates and announcements. Dustin covers what’s happening at Tampa 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, we will be having 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 our list of participants.
Door Prizes & Giveaways!*
All members who check in and attend the Tampa REIA Meeting will be entered into a drawing for a chance to win several Flat Screen LED TVs, 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.
After 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!
New Western Acquisitions – An Investment Real Estate Brokerage whose primary focus is to provide discounted property to real estate investors. New Western provides discounted off market properties, in house financing, access to local contractors, and resources for any exit strategy. 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>>
American IRA – The American IRA mission is to provide the highest level of customer service in the self-directed retirement industry. Checkout our profile page and feel free to contact us for all of your IRA questions and needs. Read More>>
Foreclosures & Probates Daily – We are a nationwide lead provider for Investors, Realtors and Attorneys. We provide leads to suit your real estate needs such as Probates, Pre Probates, Inheritance, Lis Pendens, Auctions, Absentee Owners, Tax lates and Cash Buyers just to name a few. Read More>>
VESADO – Our team of experts have an intricate understanding of every aspect of real estate investing. Whether you are working on your first investment property or you’re buying your fiftieth we have the resources and knowledge to exceed your expectations. More>>
EquityPro Tampa Bay – A real estate brokerage specializing in investment real estate. Our primary focus is to help you identify properties that get you closer to your investment goals. Whether you’re looking for rental properties, flips, just starting out or have multiple properties, we can help. Read More →
Come See this Quadplex Rehab at Onsite Renovation Group on November 20, 2018
Posted on November 14, 2018 by
Come See This Unique Quadplex Renovation!
Tuesday, November 20th at 1:00PM
1436 San Juan Ct, Clearwater, FL
Learn “Onsite” at Real Renovation Projects
Please join us on Tuesday, November 20th at 1:00PM for the Tampa REIA Onsite Renovation Group (ORG) hosted by Jim Miera, to learn all about finding, funding, fixing, and flipping houses for big profits. This month’s meeting will be held at 1436 San Juan Ct, Clearwater, FL.
For the first time ever in the Onsite Renovation Group series, we are featuring a unique 4-plex rehab which will offer an awesome array of knowledge & exciting insights into renovating quadplexes! The quad was built in 1948 and offers two 2BR/1 baths & two 1 BR/1Baths.
Let’s discuss strategies and run the numbers! What is the exit plan… flip, hold or perhaps AirBnB? Don’t miss this exciting opportunity of to learn about rehabbing quads!
We look forward to seeing everyone at this unique rehab case study on Tuesday, November 20th at 1PM. This rehab will be an exciting and powerful event to learn from! RSVP Now! and we will see you there!
Tampa REIA Members & Guests, Please RSVP on Meetup.com
The 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.
The Onsite Renovation Group 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!
Learn to Turn Your Social Media into a Lead Generating Machine with Amy Ransdell on BIG Online
Posted on November 14, 2018 byTues, Nov 27th @ 7PM on Zoom Webinar
with Amy Ransdell
If you’d like to turn your social media into a highly profitable lead generating machine, make sure that you don’t miss the Beginning Investors Group Online on Tuesday, November 27th at 7PM ET to learn how! Register for the BIG Online Webinar now at BIGO.co with Amy Ransdell who is a full time real estate broker, agent, investor, flipper and social media expert!
Never before in history have we had a platform that that gives you the ability to establish your brand faster and more cost effectively with greater reach and greater potential to find and convert leads than we do now with social media.
The prospects that we are trying to connect with everyday are spending as much as 2 hours per day on average browsing social media. So, if you aren’t putting your company, your solutions, and your opportunities on social media, then you are missing out on lost money, lost deals, lost time.
The first step is accepting that social media is a tool for your business and not just entertainment. From there, automated value-add content & lead generating campaigns will sky rocket your business.
- Are you using social media to expand your business?
- Do you view social media as a waste of time or as the massive market exposure opportunity that it is?
- Are you consistently using social media but don’t see the reward for all the effort?
- Are you READY for more lenders, more buyers, more property leads, more deals in your pipeline?
JOIN us at BIG ONLINE on Tuesday, November 27th at 7PM ET for EXACTLY how you can turn social media into lead generating machine for every business you own.
Together we are going to:
- Learn how to generate leads automatically 24/7
- See the exponential results you can have making some key changes to how you manage social media
- Get the checklists you need, from basics to advanced, to take your existing social media effort to the next level
- See how to start earning money on-line even when you are off-line
- Grow and expand your brand starting immediately
- Answer your questions and more!
If you’ve been wanting to learn how to leverage social media to generate more leads for your business, join us at the Beginning Investors Group Online on Tuesday, November 27th to find out more! Take Action and Register Now and join us on the webinar!
TO ATTEND ONLINE: To attend the Beginning Investors Group Online via your PC, smart phone or tablet, Register for the Online Meeting on Zoom.us and you will be emailed a Webinar Confirmation Email with instructions on how to attend the event.
Once you get your Webinar Confirmation Email, you can click the “Please click this URL” link in the email about 5-10 minutes prior to the 7PM start time to reserve a spot using your PC, Mac, Tablet or Smart Phone.
The web browser client will download automatically when you start or join your first Zoom meeting, and is also available for Download Zoom for Your Computer.
You can also download the Zoom.us App here on for your mobile device.
Shark Tank Tampa with David Minor Meets on November 29, 2018
Posted on November 14, 2018 by
The Tampa Real Estate Investors SHARK TANK meets on Thursday, November 29th, 2018 at 7 PM at the Westshore Grand located at 4860 W Kennedy Blvd, Tampa, FL.
If you need to sell a deal or want to find fix and flip or buy and hold deals, this is the meeting you don’t want to miss!
WHOLESALERS, bring your deals and pitch them to a group of people ready to write checks on the spot for your deals!
INVESTORS, if you’re looking for a deal to buy, bring your check books. We will have plenty of deals, agreements and blue ink pens to write up contracts.
Be ready to network and pitch your deals to Tampa’s top Buyers & Wholesalers. Financing will be available if needed and resources in developing your power team as you grow your real estate investing business.
Contracts will be provided by the Vesado team and you have the right to bid on properties being offered. You will leave with a deal done, an outline on how to pitch the deal and a team that will walk you through the process. Get ready, you don’t want to miss this new meeting! RSVP Now!
Tampa REIA Members can attend at no charge. Non-Members can attend their first meeting at no charge, pay $20 at the door or RSVP online at SharkTankTickets.TampaREIA.com for Only $15.
Download the November 2018 Edition of The Profit Newsletter
Posted on November 14, 2018 by
The November 2018 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.
Tampa REIA on Wholesaling with Tom Krol
Posted on November 3, 2018 byat the Doubletree Suites Tampa Bay
RSVP on Facebook or RSVP on Meetup
Tampa REIA Members Can Attend for no charge.
Guests Can RSVP Online Now for $15 or Pay $20 at the Door.
Join us at the Tampa REIA Main Meeting on Thursday, November 8th from 5PM-9PM at the Doubletree Suites Tampa Bay located at 3050 North Rocky Point Dr. West in Tampa, FL where Tom Krol will be discussing the Greatest Real Estate Business… Wholesaling. Tom will be talking about what is working today and what is not when it comes to wholesaling houses for fast cash.
For those of you that may not be familiar with Wholesaling yet, it is the art of finding bargain (discounted) properties and passing those bargains along to bargain hunters for profit.
During Tom’s presentation you will learn…
- Keep revenue in first position
- Target motivated sellers everyone else is ignoring
- Take Massive Imperfect Action
- Replace education with instruction
- Get out of your own way
- Treat wholesaling like a pawn shop instead of a real estate business
- Price a house in 30 seconds
- Keep an attitude of progress, not perfection
- Become who you need to be in order to be a millionaire
- And totally automate your business with delegation instead of tools and systems!
- Answers to your questions and much more!
Tom is the founder of Wholesaling Inc and PSL Homebuyers and is considered to be one of the most successful Real Estate Wholesalers in the country. Through his unique approach to Real Estate investing, Tom has bought and sold numerous properties across the country and has taught aspiring Real Estate investors how to do the same. His no-nonsense, “step by step” coaching methods along with his passion to help others succeed has created a loyal “Tribe” of Wholesaling Rhinos!
Come join us on Thursday, November 8th at Tampa REIA and learn one of the simplest, fastest and most affordable ways to invest in real estate! RSVP NOW & DON’T MISS IT!
As always, Tampa REIA Members can attend our July Main Meeting event at no charge and Non-Members can Register Online for $15 or pay $20 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 Thursday, November 8th! See you there!
*Please Note: Meeting agenda is subject to change.
Professional Dealmaker!
with Don DeRosa
Join Don DeRosa this month at the High Tech Home Buying Creative Deal Structuring Subgroup (AKA the “Meeting Before the Meeting”) as he discusses how to be a Professional Dealmaker. Come bring your difficult deals and see how Don can turn a nothing deal into cold hard cash. He is going to show you how you can turn even the ugliest deal into money in the bank.
At this meeting he will discuss…
- How to run comps quickly
- What costs you need to take into consideration when you buy
- How to quickly assess repairs
- How to handle holding cost
- And then what costs you need to consider when you go to sell
- Answers to your questions and more!
He will show a very quick and easy way to push a few buttons and get a green light or red light on every deal and how you should make a minimum of 20k on every flip and a minimum of $400 per month in rental income. Bring your most difficult deals and see if Don can help you make money.
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 6:20 PM, Dustin Griffin kicks off the Tampa REIA Main Monthly Event with updates and announcements. Dustin covers what’s happening at Tampa 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, we will be having 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 our list of participants.
Door Prizes & Giveaways!*
All members who check in and attend the Tampa REIA Meeting will be entered into a drawing for a chance to win several Flat Screen LED TVs, 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.
After 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!
New Western Acquisitions – An Investment Real Estate Brokerage whose primary focus is to provide discounted property to real estate investors. New Western provides discounted off market properties, in house financing, access to local contractors, and resources for any exit strategy. 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>>
American IRA – The American IRA mission is to provide the highest level of customer service in the self-directed retirement industry. Checkout our profile page and feel free to contact us for all of your IRA questions and needs. Read More>>
Foreclosures & Probates Daily – We are a nationwide lead provider for Investors, Realtors and Attorneys. We provide leads to suit your real estate needs such as Probates, Pre Probates, Inheritance, Lis Pendens, Auctions, Absentee Owners, Tax lates and Cash Buyers just to name a few. 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>>
VESADO – Our team of experts have an intricate understanding of every aspect of real estate investing. Whether you are working on your first investment property or you’re buying your fiftieth we have the resources and knowledge to exceed your expectations. More>>
Property Protege Group on Negotiating with Sellers
Posted on November 3, 2018 byJoin Us for PPG Coaching
We’ll Be Covering…
Negotiating with Sellers!
Fri, Nov 9th at 6PM-LATE
Are you wanting to learn how to invest in real estate but don’t know where to begin, how to really crank things up or don’t want to do it alone?
If so, please join us Friday at 6PM at the Property Protege Group hosted by Don DeRosa and Dustin Griffin at Vesado Office, 2203 N Lois Ave, 12th Floor, Suite 1210, Tampa, FL.
ALL TAMPA REIA MEMBERS ARE WELCOME TO ATTEND THEIR FIRST PPG MEETING AT NO CHARGE, but seating is extremely limited, so arrive early to get a seat.
The Property Protege Group (PPG) is a private coaching group led by Don and Dustin that meets in-person in Tampa, Atlanta or Online via Facebook Live for PPG Members that cannot attend in-person (Replays are available for PPG members who can’t attend live). The first part of the meeting is educational and the second part is where we evaluate your deals and decide if they are a deal or no deal.
If you are interested in becoming a better, more profitable investor, those of us in PPG are here to help! PPG was created for new investors and existing investors who want to take their investing to the next level and beyond with the help of others!
If you are interested in learning more about the PPG program, we invite our Tampa REIA Members to attend their first Tampa PPG Meeting as our guest at the Vesado Office in Tampa at 6PM so you can check us out. We look forward to seeing you there!
At PPG, we will be coving topics such as:
- How to locate properties and motivated sellers
- How to pre-screen sellers and properties
- How to analyze deals
- How to determine repair costs
- How to determine property value before and after repair
- How to construct multiple offers
- How to present and negotiate your offers
- How to put properties under contract and complete the paperwork
- Where to find the money to fund your deals
- How to find buyers and sell houses fast
- Wholesaling and how it works
- Buying & selling pretty houses with creative terms
- Finding deals with the most profit potential
- How to avoid pitfalls and minimize risk
- How to find leads on your mobile device
- How to automate and systematize your business using mobile technology
- And much more!
If you would like to take your investing business to the next level, don’t miss the opportunity to be a part of the Property Protégé Group!
Creative Deal Structuring Workshop on November 10, 2018
Posted on November 3, 2018 byStructuring Workshop
Doubletree Suites Tampa Bay
3050 North Rocky Point Dr West, Tampa, FL
When you come across a lead, do you know how to look at the information, analyze it and determine what to do with it next? There’s nothing worse than losing a deal because you don’t know multiple ways to structure the deal and how to present multiple offers to the seller.
We are in the midst of a sellers’ market. Although I wish it would never end, that simply isn’t possible. As Sir Isaac Newton once said “what goes up must come down“. He was referring to gravity of course, but the same can be said for real estate.
I want you to learn NOW, how to buy properties with no money down or with as little as possible because you can’t and shouldn’t always rely on traditional funding and traditional methods.
To be a good, creative deal structurer, two things need to happen…
- You need to become a problem solver. The better you understand the problem, the more solutions you can offer your seller.
- You need to become your seller’s partner. It needs to be a win-win scenario for everyone.
During the Creative Deal Structuring Workshop, I’m going to teach you how to collect the right information, how to analyze the details and then how to use it to create a win-win solution for you and your seller.
At this event, you will learn how to:
- Ask the right kind of questions
- How to perform proper due diligence
- How to structure three different deals on each lead
- How to become a top 1% by using techniques such as “subject to” owner financing, options, lease purchases and many more
- How to structure deals that eliminate/limit your need for cash or credit
- All this, plus answers to your questions and much more!
So join me, Don DeRosa, at the Creative Deal Structuring Workshop on Saturday, November 10th, 2018 from 9AM to 6PM at the Doubletree Suites Tampa Bay located at 3050 North Rocky Point Dr West in Tampa, FL as we discuss multiple offer strategies, negotiating and creative deal offer making.
I will also show you how to use my “Easy Offer Maker” to make profitable offers every time, using multiple strategies like owner financing, subject to, options and lease-options. If you want to learn how to make money on every lead you get your hands on, then REGISTER NOW and come join us to learn how to structure deals creatively and become a transaction engineer.
*PLEASE NOTE: The 2-for-1 Early Registration Special is for Members Only. Tuition price will increase and will be per person after Early Registration Expires. Register now and save! Date, time and location are subject to change. Renew your Tampa REIA Membership or Join Tampa REIA as a Silver or Gold Member prior to registering and you can attend this event for FREE. You can join Tampa REIA at membership.tampareia.com.
