Tampa Real Estate Investors Alliance Blog
Short Sales Still Selling Strong!
Posted on June 8, 2016 byRight 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→
Using “Bird Dogs” To Find Motivated Sellers
Posted on June 8, 2016 byUsing 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→
The Music is in the Man
Posted on June 8, 2016 byIn 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→
Appellate Court Finally Rules Banks Can’t Take Your House without Proving Standing
Posted on June 8, 2016 byCan 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→
Details
Posted on June 8, 2016 byMany people expect to learn how to invest in real estate from seminars, books, videos, etc. but until you actually pull the trigger and go all in you will not know how to invest in real estate. Yes, you will learn the procedure and steps involved but those usually do not go as planned either. As Mike Tyson once said, “Everybody has a plan until they get punched in the mouth.” Well, real estate is no different.
I know you heard this a million times but if this was easy there would be more people doing it, successfully. The amount of people that attempt to invest in real estate has increased drastically in the last few years. Suddenly, overnight, everyone was able to “BUY HOUSES CASH.” It might be due to all the new television shows, new investment clubs, one year old gurus, a volatile stock market, etc. but whatever the reason more people are giving real estate investing a shot. The best thing you can do when investing in real estate is to pay attention to the details. This can be the difference between getting punched in the mouth and moving forward or giving up because it was too much. Read More→
Would You Like to Sell Your Houses Faster and Get a Higher Price At The Same Time?
Posted on June 8, 2016 byHere is a great tip for you to think about when rehabbing your houses. I have written about this subject before and I thought I would share some different ideas that will help you sell your houses faster and many times get a higher price than other houses in that same price range.
So, What Is The Secret To Getting A Higher Price For Your Houses Than Your Competition Can Get For Their Houses?
The simple answer to this question is doing what other investors won’t do!
Years ago I learned a simple but very powerful lesson that has since made a huge difference for me and those who have followed these suggestions.
Here is what I mean. When doing your rehabs always put things in your houses that would normally be found in houses located in a higher price range. It is a good idea to take some time and go to a few open house showings and take notes about what things these higher priced houses have that aren’t usually found in houses in the price range of the house you are about to rehab. Read More→
How To Build Credibility With Buyers
Posted on June 8, 2016 byBuyers… a wholesalers best friend. A lifeline. The reason why we make the money we do with a smile on our face. However let’s face it, many wholesalers are fantastic at shooting themselves in the foot in this area. Even experienced wholesalers run into more challenging Buyers that while qualified to buy, are hesitant or even downright against buying from a wholesaler. Or they are just so picky that the time spent quickly feels like it is not worth the effort. These are not the easiest of hurdles to discuss. And even if they are willing to buy, how do you structure things to ensure you actually can close and not end up on the short side of the stick? (i.e. Buyer walks right before closing)
A few simple steps will make this hurdle much, much easier. We’ll cover two this month: Read More→
Become the Expert – Invest in Your Future!
Posted on June 8, 2016 byOk so you want to learn everything you can about a certain subject. Become an expert. It takes around 10,000 hours to become an expert. If you worked at it 40 hours per week you would get there in 5 years. If you do it part time, while you are working to put a few pennies together, then it will take 30 years. The choice is yours.
Becoming a realtor, mortgage broker, contractor, attorney, appraiser, and loan servicing company all require a learning curve. How long do you have before you are at a loss of income? The person who goes to College postpones their earning power for a period of time. They will command more money than a High School educated person. The interesting fact is the person who works straight out of High School will earn more gross money until the 20th year out of High School. After that the College educated person will earn 2 times more over their life time. One interesting idea to ponder is what do the people without the College education do with that money and if they invested it they would have more net worth at the age of 65 through compounding. Because the High school graduate only has life experience and does not think about investment, nor have the educational background on economics, they tend to fail financially. Understand that if that is you, then you are under more pressure to succeed than someone who went to College. Read More→
Hungry? Have Yourself a Nice Communication Sandwich!
Posted on June 8, 2016 byYou’re going to learn something very useful by reading this article.
This “something” is so valuable that you might want to use it for the rest of your life.
But before you learn what it is, let me start by saying…
The older I get, the more I realize things.
While that statement/observation could apply to just about anything…or anybody, I’d like to use this article to point out how it relates to people’s everyday communication skills.
We live in an age of instant information…yet people these days don’t seem to have any patience to communicate properly. We abbreviate stuff, like lol, brb, and wtf.
We text. We Tweet. We post. We share, and we like. What’s up with all the cat videos?
With so much information all around us, bombarding our everyday lives, it’s easy to understand why we need to curtail our communication. We just don’t seem to have the time to talk with most people the way we used to. Read More→
Shop Around: Homewyse Review
Posted on June 8, 2016 by“Plans are nothing; Planning is everything.” ~ Dwight D. Eisenhower
Only by finishing things is the way to learn. Despite this fact of life, I do find myself a bit overwhelmed at times with the various projects I’m planning at any given time. Making two or three phone calls to get a quote about one single project isn’t too much work. When you have three properties that need at least two large or small scale projects to be addressed that consumes at least two days of shopping around, getting in contact with the local businesses.
Homewyse is a site that was pretty much made for a person like me, but anyone who wants a jumping off point to get ballpark figures on home repairs will find this very useful. You don’t have to give up any personal information like a credit card to gain access to quotes in your area, or a property outside of your primary residence. Unlike Angie’s List, you don’t have to become a member to browse. Homewyse is an immediate source where you can get an idea of what things will cost. You don’t have to be specific about your project, I do find it great to look at comparable costs and then call or email local tradespeople to get a better picture. Read More→
Real Estate IRA: What Every Retirement Investor Needs to Know
Posted on June 8, 2016 byYou’re an investor who’s focused on the long-term: your ability to retire with a nest egg. You want to build over the long-term, and you know that there are many different vehicles for doing just that, including employer-based 401(k) plans and more. But what many investors overlook is the possibility of using a Real Estate IRA in their retirement portfolio.
Why do they overlook it? For one, the option is rarely presented to them. Many people don’t even know that you can invest in real estate with an IRA. Another reason: many people believe that investing in real estate is a “rich man’s” game. But investing in real estate is available to anyone with the drive and interest to make it happen. Let’s take a look at what every retirement investor needs to know about the Real Estate IRA in order to make it part of their portfolio. Read More→
Bill Cook is Teaching at BIG Online on May 25, 2016
Posted on May 19, 2016 byLearn the Quickest, Easiest & Most Affordable Way To Get In Front Of Sellers
A Live Webcast with Bill Cook
Register for Webcast @ BIGOnline.TampaREIA.com
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, join us on Wednesday, May 25th at 7:00 PM ET for a Special Webinar where Bill is going to tell you about the Quickest, Easiest & Most Affordable Way To Get In Front Of Sellers!
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!
The Beginning Investors Group Online (The “Big O” or BIGO) is an new online educational group that currently meets on the 4th Wednesday at 7PM ET 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.
TO ATTEND ONLINE: To attend the Beginning Investors Group Online via your PC, smart phone or tablet, Register Here for the Meeting on GoToWebinar.com and you will be emailed login instructions for the event.
No Charge to Attend for Members or Guests
Who Attend Online via GoToWebinar.com!
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.
Nothing But Paperwork Workshop on June 3, 2016 – Attend Online or In Person!
Posted on May 17, 2016 byHow To Properly Complete Real Estate Investor Contracts & Paperwork
Online via GoToWebinar or
In Person in Buford, GA
Do real estate contracts and paperwork scare the daylights out of you? Do you wish you had a better understanding of how to fill out all the paperwork that comes with being a real estate investor for each and every deal you do? We have the solution to your problem!
On Friday, June 3rd, 2016 at 9AM, (1) in person at 1960 Skylar Hill Drive, Suite D, Buford, GA or (2) Online via GoToWebinar.com, Don DeRosa will teach you how to be a paper pushing real estate pro. Don is going to show you how fill out all the paperwork that you use on a daily basis to become a real estate investor and more importantly, a “transaction engineer”.
Paperwork like:
- Purchase and Sale Agreements
- Authorization to Release Information
- Power of Attorney
- Land Trusts
- Beneficial Interest
- Appointment of Trustee
- Assignments
- Leases
- Options
- Disclosures
- And many other documents that you will use on a daily, weekly, or monthly basis depending on the kinds of deals your doing.
Here are some things that you will learn:
- How to fill out all the documents needed to protect yourself from potential legal issues
- How to explain each paragraph to your sellers, your lenders, and even your buyers so everyone is informed and comfortable with the paperwork
- How to write in the financing terms – the payment structure, who’s paying closing cost, who’s doing the home inspections, what the closing dates are, and who is the closing attorney
- What steps need to be taken when someone defaults on an agreement
- What paperwork needs to be notarized
- What paperwork needs to be filed at the courthouse and what paperwork is private that nobody sees
- What kind of disclosures you have to offer, such as:
- Seller Disclosures
- Lead-based paint
- Asbestos
- Radon
- Agency disclosures
We are also going to show you how to take all of these mounds of required paperwork that you will use on a daily, weekly, and/or monthly basis and put it all in the palm of your hands! We will show you how to make the mounds of paperwork into electronic files that can be filled out within seconds versus minutes, hours, or in some cases, days.
We are also going to share with you the 8 things that could blow up your real estate transaction if you are not careful:
- The seller doesn’t have the authority to sell
- The purchase and sale agreement is signed improperly
- The purchase and sale agreement has the wrong or in adequate legal description
- Earnest money is handled improperly
- Allowing the seller to stay in the property after closing without the right possession agreement
- Failure to indicate clearly what the seller gets and what the buyer gets so that everyone understands
- Failure to get all of the initials and signatures to make it a valid sale
- Failing to give proper disclosures
- Not allowing yourself enough special stipulations or out clauses to protect you from losing your earnest money
If you want to take the fear out of filling out contracts and completing the paperwork properly and want to organize and systematize your real estate documents, this is a one day training event you don’t want to miss! We hope you will join us!
To Attend Online Via GoToWebinar.com, Register Here and follow these instructions carefully…
- Register & Pay for the Event: Register for the Online Only Workshop below.
- Register for the Webinar: Once you have successfully paid and registered for the event, you will be taken to a screen with instructions on how to register for the webinar. You will also be emailed these same instructions. So follow the instructions to register for the webinar.
- Webinar Confirmation & Login Information: Usually within 24 hours of recieving your payments, we will confirm your webinar participation and send you confirmation information on how to login to the webinar on the date of the event. Once you get your Webinar Confirmation Information, you can login on Friday, June 3rd about 5-10 minutes prior to the 9:00AM start time using your PC, Mac, Tablet or Smart Phone. You can download the GoToWebinar App here on iTunes App Store or the Google Play Store.
To Attend In Person in Buford, GA, Register Here…
Real World Real Estate Investing Workshop with Kim Cook & Dorsie Boddiford in Sarasota, FL
Posted on May 17, 2016 bySoup-To-Nuts Real World Real Estate Investing Workshop
With Kim Cook & Dorsie Boddiford
Saturday, June 4th from 9AM-4PM
Der Dutchman Restaurant, 3713 Bahia Vista St, Sarasota FL
Whether you’ve done a dozen deals, or you’re just a beginner, this workshop is for you!
Would you like to learn strategies, skills & techniques from experienced, hands-on, active real estate investors? If so, Join us on Saturday, June 4th from 9AM – 4PM. We’ll show you real estate success at Der Dutchman Restaurant located at 3713 Bahia Vista St. in Sarasota, FL.
Lunch Will Be Included
What you will learn from TWO experienced, hands-on investors/rehabbers/landlords with 25+ years experience:
- How to find those hard-to-get deals that other investors are scooping up
- Templates of real deal structures you can use for profit
- Rehab tricks from experienced flip investors
- Bang-for-your-buck renovation tactics for flip properties as wells as rental properties
- How to work successfully with contractors
- Marketing the property: inexpensive ways to snatch a buyer
Plus, You WILL walk out the door with:
- Kim & Dorsie’s Top Offer Forms
- Quick Offer Forms
- Foreclosure Sheet
- Purchase & Sale Agreement
- Tax Appeal Authorization Form
- Closing Checklist
- Contractor’s Checklist
- Dorsie & Kim’s Marketing Letters
We also have a special NO-CHARGE-BONUS!, On Friday, June 3rd, Bill Cook will be taking us out on a half-day door knocking tour. Bill will show you how to get in front of sellers quickly. The will be a learning experience you will never forget. We will covering several local Sarasota neighborhoods. DO NOT MISS this opportunity!
PLUS After Party, Meet & Greet/Network at Siesta Key (BYOB)
Sarasota REIA & Tampa REIA Members are $29.00 and Not-Yet-Members $99 (this includes 2016 Sarasota REIA Membership dues).
If you have any questions, Feel free to reach out to Ed Taylor at (941)315-8050 or email equityproperties@gmail.com.
Make checks payable to Sarasota REIA. P.O. Box 15474, Sarasota, Florida 34277
Hurry and Mail TODAY!! Limited Seating! Receipt of your check is your RSVP.
Tampa REIA Meets on Jun 9, 2016 with Paul Rossano
Posted on May 16, 2016 byat the Doubletree Suites Tampa Bay
Tampa REIA Members Can Attend for NO CHARGE.
Guests Can RSVP Online Now for $15 or Pay $20 at the Door.
Tampa REIA is excited to announce that Paul Rossano, lead trainer with MPactWealth, will be the special guest speaker at our Monthly Meeting on Thursday, June 9th at 6PM. The meeting will take place at the Doubletree Suites Tampa Bay located at 3050 North Rocky Point Dr West in Tampa, FL. Not only will Paul be sharing his years of knowledge about being an entrepreneur and investor, but also how to analyze and structure deals for passive income like the top 1% of all investors.
For the past 15 years, Paul has been involved in business with real estate as an investor and a broker. He is a devoted student and teacher of success, and embraces a philosophy of constant and never-ending improvement in all areas of life. Now a lead trainer for MPactWealth (recognized by Inc. 500), Paul’s mission is to share his vast knowledge and experience with others to help them achieve the level of success they desire and deserve.
Most investors know how to find the deals, and many even know how to find the funds to close the deal, however, the majority of investors do not structure their deals properly and they leave themselves vulnerable down the road. You definitely don’t want to be that investor. So don’t miss this very important meeting.
Tampa REIA Members Please RSVP on Meetup.com
At the meeting, Paul will briefly discuss what he will be going into more depth about at The Wealthy Code Workshop in Tampa on July 16th & 17th. He will discuss…
- Mistakes to avoid in order to earn passive income that is consistent and dependable
- How to evaluate and adjust deal risks and rewards in a way that allows you to make the deal work for you
- Ways to minimize your risk and and maximize your profits by using different structures for your deals
- How to achieve the dream of most entrepreneurs of working less, having less stress, and having more money and time to spend your time doing what you love to do
- And much, much more!
Don’t miss this great opportunity to learn how to structure all of your income producing deals to make you more money! All this is happening at the Tampa REIA main meeting on Thursday, July 9th at 6PM at the Doubletree Suites Tampa Bay located at 3050 North Rocky Point Dr West in Tampa, FL.
As always, Tampa REIA Members can attend the 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! See you there!
WIN A 4 NIGHT STAY IN CANCUN: All participants who attend the Tampa REIA Meeting will be entered into a drawing for a chance to win a *Complimentary 5 Day, 4 Night Stay in Cancun! *You must be present at the meeting to win. Giveaway does not include dining, transportation, transfers, taxes, upgrades, etc.
*Please Note: Meeting agenda is subject to change.
After the conclusion of the Tampa REIA Main Meeting (around 9:30PM), we will be reconvening at Whiskey Joe’s Bar & Grill located at 7720 West Courtney Campbell Causeway in Tampa for the “Meeting after the Meeting”. Come eat, drink, network and have fun with us as hang out late into the night on Tampa Bay!
Door Knocking Field Trip with Bill Cook on June 18, 2016
Posted on May 16, 2016 byJoin us for a REAL, LIVE, HANDS-ON…
Door Knocking Field Trip
Meeting Sellers and Making Written Offers
With Bill Cook
Saturday, June 18th from 9AM-4PM
Meet at McDonald’s at 6505 S. Dale Mabry Hwy, Tampa, FL at 8AM for Breakfast. Registration & Sign-in at 8:30AM
Do you want to SEE and EXPERIENCE the fastest, cheapest, most effective way to get face-to-face with motivated sellers?
If so, then please join me, Bill Cook, for a day full of door knocking with real sellers on Saturday, June 18th from 9AM – 4PM. We’ll meet at McDonald’s located at 6505 S. Dale Mabry Hwy in Tampa near Ballast Point at 8AM if you want to have breakfast with us at your own expense. Registration and sign-in begins at 8:30AM. The event starts at 9AM. We will then spend the day out talking to sellers and constructing win-win deals at their kitchen tables.
Have you ever spent the day with a seasoned investor getting face-to-face with homeowners and sellers and making written offers? Do you want to?
On Saturday, June 18th, Bill Cook will take a select group of real estate investors from Tampa into local neighborhoods and show them:
- What to say to a seller!
- Where to stand after knocking on a homeowner’s door!
- How to get 8 out of 10 sellers to invite you in!
- How to make a written offer right there on the spot!
This isn’t classroom theory stuff. It’s a 100% real-world experience!
Most real estate investing teachers can talk-the-talk, but how many have you watched walk-the-walk? This will be a one-of-a-kind event. No other investing teacher does what Bill does!
Bill and Kim built their real estate investing business square on the back of knocking on sellers’ doors. They’ve been doing this for more than 20 years!
The 10 Most Important Things You’ll SEE Door-knocking with Bill on June 18th:
- What’s the fastest, cheapest and most effective way to build your investing business
- What to say to a seller…and the most important questions to ask
- How to get 8 out of 10 sellers to invite you in
- How to write a win-win offer right there on the spot
- Why you should never look for deals
- Why it’s critical to be curious
- Why the rainmaker is king
- The best way to find a property’s FMV (fair market value)
- The best way to find a neighborhood’s FMR (fair market rent)
- The best way to learn things about a vacant property
Will you learn something new? You bet! Will you see things you’ve never seen before? Positively! Will you be able to take what you’ve learned and put it to use the next day? Absolutely!
Bill and Kim have tons of experience at creatively constructing and funding win-win deals. Their investing portfolio is made up of single-family rental homes, mobile homes, a small mobile home park, plus notes and options.
Contact us now if you want to go out and watch Bill talk to homeowners and sellers, learn how he gets 8 out of 10 sellers to invite him in, and how he makes written offers right there on the spot!
We promise that you’ll see things you’ve never seen before – or will ever see again!
Here’s a ratio for you: If I talk to 10 sellers at the door, 8 will invite me in – EIGHT! Are you getting this kind of result from your bandit signs or website? A question for you: To be a successful real estate investor, do you need to meet with more sellers or less sellers?
While real estate investing is simple, it’s anything but easy. To be successful, the MOST important thing you must do is get face-to-face with sellers on a regular basis. Nothing takes the place of this. NOTHING! It’s the alpha and omega of real estate investing!
Your next question is probably: “Bill, what qualifies you to teach folks how to door knock and meet with sellers?” Beginning in 1978, I put myself through college selling Electrolux vacuums door-to-door. In 1995, I switched from Electrolux and became a full-time real estate investor. No one else in the country has this amount of experience at homeowners’ doors.
You are either serious about real estate investing or you’re not. If working 40 hours a week for the man isn’t your idea of financial freedom, if you’re a round peg who is being forced to fit in into a square hole, then come spend the day with me. It will be time well spent. And at the end of the day, if you feel that it wasn’t, I’ll gladly refund your hard-earned money with no questions asked.
Looking forward to having you join me. Remember, I LOVE questions! See you there!
Bill Cook
The Wealthy Code Member Appreciation Workshop on July 16-17, 2016
Posted on May 16, 2016 by
Workshop for
Real Estate Investors
Learn To Structure Deals For Passive Income Like the Top 1% of Investors…
Avoid Key Mistakes & Lower Your Risk!
Doubletree Suites Tampa Bay
3050 North Rocky Point Dr West in Tampa, FL
SPECIAL ANNOUNCEMENT: We will be having a special drawing at this event! You could win a COMPLEMENTARY GOLD or SILVER MEMBERSHIP RENEWAL (Up to a $350 Value) as well as other prizes! Every member who attends will receive a ticket!
BRING A GUEST & GET EXTRA TICKETS!!: You can bring a non-member guest with you at NO EXTRA CHARGE and receive an EXTRA TICKET to improve your chances at winning a door prize! You must register your guest when you register and can do so at no extra charge. If you have already registered and would like to bring a non-member guest, please email chrissy at admin@tampareia.com and let her know.
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!
Register Today!
Regular Price: $797
Tampa REIA Members: $49/pp*
Non-Members: $797
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 unless they attend as your FREE Guest. Yes, you may bring a FREE Guest if you indicate this during registration.
Also, any Tampa REIA Member who renews their membership for an additional year between June 1st and July 14th 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
The Profit May 2016 Edition
Posted on May 10, 2016 by
The May 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 may load faster on your mobile device. Also, be sure to Subscribe to The Profit so you don’t miss a single monthly issue.
Saving Taxes Accelerates Wealth Growth
Posted on May 10, 2016 by
If you take $1.00 and double it tax-free for 20 days it’s worth $1,048,576 (over a million dollars). Take that that same $1.00, taxed at 30%, it will be worth only about $40,640 — A LOSS of a MILLION DOLLARS! Why is this so? Because with tax-free compounding, earnings accumulate not only on the principal amount of money but also accumulate on the tax-free earnings as well. (“Earnings on Earnings“). Thus compounding combines earning power on principal and earning power on interest. Compounding has been called the ”8th wonder of the world”, a “miracle”. Compounding money at high rates of tax-free return is a definite advantage of real estate, especially with a great tax plan.
The wealthy know that taxes are a primary factor in determining whether you get rich or stay poor. Let’s say, for example, you’re able to save just $2,000 annually on your tax bill. (With a good tax plan it will be much higher). You invest the $2,000 annually in an IRA which earns a tax-free annual return of 10%. After 20 years, you’ll have over $114,000! If you can save $10,000 annually on your tax bill and invest it in a Simple IRA for 20 years, you’ll end up with almost $573,000!
$5,000 in tax savings (which is found money) as a 10% down payment can allow you to buy an additional $50,000 in real estate! Assuming a 20% yearly return you would earn $10,000 which in 5 years would accumulate to $50,000! Read More→
Leads, Leads and More Leads!
Posted on May 10, 2016 byLeads, leads and more leads. No matter if you plan to wholesale, fix and flip, fix and rent, subject-to, owner finance or anything else involving real estate you must have leads. Some may agree with this statement and some may disagree but any time I needed anything in real estate, it was resolved by simply finding a great lead/deal.
I have heard investors and newbies alike say that they need to find financing or private money before finding a deal. While financing is important it cannot be put to work without a deal. I would argue that it is easier to find financing than it is to find a great deal. In fact, if you think you have a real deal and can’t find financing you may not have a good enough deal. Or it is possible you may not have the experience some lenders require. If this is the case and you really do have a deal there are investors out there that will partner with you. If it is your first investment it may be wise to partner with someone. Partnering with a veteran real estate investor can be invaluable. You will be making him/her money so they will be more willing to answer the hundreds of question you have been wanting to ask. Another way to tell if you have a great deal is if investors are requesting to take the deal off your hands. Sometimes when I’m approached to partner or lend on a deal, and it is a no-brainer of a deal, I ask if they would be willing to wholesale. I’ve always said, “You don’t ask, you don’t get.” It is always worth asking. Read More→
