Search Results for "don derosa"
Discovering an Old Favorite
Posted on May 6, 2013 by“A self-taught man usually has a poor teacher.” ~ Henny Youngman
Did you know that the little iPhone I carry around with me is more powerful than the computer that took Apollo 11 to the moon? It’s true. The Apollo 11 computer was just 64 kilobytes!
It’s amazing, isn’t it? I can balance my checking account on my phone. I get 200 cable stations on my TV, and I bet someday I’ll be able to watch them all at the same time. And I’m pretty sure my kids don’t know how to dial a rotary telephone.
Yes, we’ve come a long, long way from Atari Pong!
(For my younger readers, Pong was a very simple computer game where you made a little ball go back and forth and .…. Well, I guess you kind of had to be there.)
But technology development for its own sake just creates shiny distractions. In the rush for new hardware, new applications, and new and more sophisticated Internet sites, it’s easy to forget about yesterday’s website of the day.
So this month, I’m taking a look at a website that’s well-known and not so shiny anymore, but incredibly useful: Youtube.
Yes, Youtube. I know, it’s old news,
But Youtube Isn’t just for wardrobe malfunctions anymore. Sure, you can watch the Shamwow guy, or see the zoo lady tickle the baby penguin (I love that one!), or be inspired by that great Chrysler Super Bowl commercial from 2011. Read More→
The Profit April 2013 Edition
Posted on April 5, 2013 by
The April 2013 edition of The Profit Newsletter for Tampa REIA is now ready for download as a High Quality PDF or Low Res PDF format. The Profit Newsletter is a digitally delivered, interactive newsletter for real estate investors to read and use with your PC, Mac, Smart Phone, iPad or other mobile ready device. Many of the articles and ads in The Profit contain hyperlinks you can click or tap to visit websites, watch videos, listen to audios, download content, send emails, comment on articles, share socially and much more! And “Yes”, The Profit is “print ready” and prints out beautifully on your black and white or color printer. Be sure to Subscribe to The Profit so you don’t miss a single monthly issue.
Protecting Your Stuff: Cloudy Skies Ahead
Posted on April 5, 2013 by“Treat your password like your toothbrush. Don’t let anybody else use it, and get a new one every six months.” ~ Clifford Stoll
Tonight you’re closing on a lucrative short sale. Afterwards, you’ve got a special dinner planned. And it’s good to know your seller will sleep better than she has in months. Yes, it’s going to be a great night. All you need to do now is print out the paperwork.
So you turn on your laptop and … nothing. Nothing. Just the dreaded blue screen of death!
Viruses happen. Spilled coffee happens. Accidentally dropping your iPhone in the swimming pool because you insisted you could carry four margaritas while you dance the hula with your cute cousin Betsy, well, that happens too.
If you’re like me, your whole life is in your iPad. Heaven forbid all that information should suddenly disappear! You can install anti-virus programs, you can be careful what you download, but here’s the bottom line: It’s not a matter of if your system will crash. It’s just a matter of when. It’s true for notepads and smartphones as well as laptops and PCs. So no matter what else you do, you’ll need to make sure all that wonderful information lives somewhere safer than your laptop. Read More→
The Profit March 2013 Edition
Posted on March 11, 2013 by
The March 2013 edition of The Profit Newsletter for Tampa REIA is now ready for download as a High Quality PDF or Low Res PDF format. The Profit Newsletter is a digitally delivered, interactive newsletter for real estate investors to read and use with your PC, Mac, Smart Phone, iPad or other mobile ready device. Many of the articles and ads in The Profit contain hyperlinks you can click or tap to visit websites, watch videos, listen to audios, download content, send emails, comment on articles, share socially and much more! And “Yes”, The Profit is “print ready” and prints out beautifully on your black and white or color printer. Be sure to Subscribe to The Profit so you don’t miss a single monthly issue.
Back to Basics: Getting Started with Subject-To Transactions
Posted on March 11, 2013 by“The right tool for the job” ~ slogan for True Temper Tools
Congratulations – you made it through the winter and spring is on its way! I think spring is a perfect time to take an inventory of your real estate investment “tools.” And if you’ve been sitting on the sidelines, wondering if real estate investing is for you, spring is also a great time to dive in! Either way, it’s a good time to get back to basics. Today, let’s focus on one of my favorite investment techniques: “subject to” mortgages.
Most of you know that when you buy a house, you usually receive a warranty deed, which gives ownership of a piece of property. If you’re paying all cash for a property, you just exchange the cash for the warranty deed. So far so good.
But if you don’t have all the cash, you have to borrow the money. Most of you know how the typical mortgage loan works: Buddy Banker says, “Sure, just sign this promissory note that says you’ll pay it all back.” In return, you get a security instrument that says if you don’t pay the promissory note, the bank gets the property. In most states, that security instrument is the mortgage (In Georgia, we use security deeds). That mortgage, when it’s recorded, creates a lien on the property. In other words, the bank puts everyone on public notice that if the owner sells or transfers the property, the bank has to be paid off first.
A “subject-to” transaction is a little different. When you buy a house this way, you’ll take over payments on the original mortgage. You’ll bring the house up to date on the mortgage and back taxes and then continue to make mortgage payments, subject to the existing financing. The seller gives you a warranty deed, which conveys ownership to you. That means you get the tax benefits and the profits, but you also get the headaches and costs. Read More→
The Profit February 2013 Edition
Posted on February 9, 2013 by
The February 2013 edition of The Profit Newsletter for Tampa REIA is now ready for download as a High Quality PDF or Low Res PDF format. The Profit Newsletter is a digitally delivered, interactive newsletter for real estate investors to read and use with your PC, Mac, Smart Phone, iPad or other mobile ready device. Many of the articles and ads in The Profit contain hyperlinks you can click or tap to visit websites, watch videos, listen to audios, download content, send emails, comment on articles, share socially and much more! And “Yes”, The Profit is “print ready” and prints out beautifully on your black and white or color printer. Be sure to Subscribe to The Profit so you don’t miss a single monthly issue.
CaptureNotes: Your Life, Color-Coded
Posted on February 8, 2013 by“I’m known for my handwritten notes.” ~ Pamela Anderson
You’re driving your Uncle Bugsy to the doctor when you spot a “for sale by owner” sign in front of a nice little brick house. You’re already running late, but you’ve been watching this house – it’s got a big blue tarp draped over the roof – for a couple of months now. You’ve got no pen and paper, and you won’t have time to stop later. Sure, you can snap a picture with your cellphone, but you’d really like to take some notes, too.
Unfortunately, Uncle Bugsy isn’t known for his patience, so you’re only going to have about a minute before he starts complaining about how inconsiderate kids are nowadays.
What should you do?
If you have an iPad, the solution is a great little app called CaptureNotes. CaptureNotes might look like just another note-taking application, but it’s not. Yes, it lets you do all the usual note-taking things: create notes, choose the type of paper and ink color, and doodle and scribble on a touch screen. So far, it’s pretty ordinary.
But there are three other things CaptureNotes does that make it really useful for us as real estate investors. Read More→
Members Only Downloads & Bonuses
Posted on January 22, 2013 by
INSTRUCTIONS: Click on any of the links below to download your member bonuses. Availability of these Tampa REIA Member downloads and bonuses are subject to change at any time, for any reason, at Tampa REIA’s sole and absolute discretion. Please do NOT redistribute these downloads and bonuses without written permission.
About the Downloadable File Types Used Below:
PDF – Use Abobe Reader or some other PDF software to open this file.
Zip – Use WinZip, WinRar or some other Zip software to open this compressed file.
MP3 Audio – Use a MP3 Player to listen to this audio file.
MP4 Video – Upse a MP4 Player to watch this video file.
MSI – Use Microsoft Windows to open and install this Microsoft Installer file.
Sorry, this content is for members only.
If you are already a Tampa REIA Member, please login below. Otherwise, click here to Join Tampa REIA to access this content and more!
The Profit January 2013 Edition
Posted on January 6, 2013 by
The January 2013 edition of The Profit Newsletter for Tampa REIA is now ready for download as a High Quality PDF or Low Res PDF format. In cash you didn’t notice by now, The Profit Newsletter is a digitally delivered, interactive newsletter for real estate investors to read and use with your PC, Mac, Smart Phone, iPad or other mobile ready device. Many of the articles and ads in The Profit contain hyperlinks you can click or tap to visit websites, watch videos, listen to audios, download content, send emails, comment on articles, share socially and much more!
The Profit is a “new” Newsletter and were just getting started, so be sure to Subscribe to The Profit Here so you don’t miss a single monthly issue. And please be sure to tell your real estate investor friends to subscribe as well. This newsletter is for sharing.
This month you can read, interact and enjoy a variety of articles on real estate investing and more from Don DeRosa, Bill Cook, Bob Massey, Larry Harbolt, Kimberlee Frank, Dustin Griffin, Kathy Kennebrook, Ron LeGrand, Jim Hitt, Tony Pearl, Russ Hiner and Erven Kimble. And don’t forget, Tampa REIA Business Members can advertise in The Profit at deeply discounted rates. Enjoy!
New Habits for a New Year
Posted on January 6, 2013 byTime and health are two precious assets that we don’t recognize and appreciate until they have been depleted.” ~ Denis Waitley
Wow. What a year! The turkey leftovers are gone. There are just a few pine needles left in the carpet. And your Aunt Miriam, thank goodness, has gone home to Indiana and has taken the fruitcake with her. Now it’s time to reflect.
I don’t know about you, but I reached many of my goals in 2012, and that feels great! Still, I know 2013 will bring plenty more challenges and opportunities. It would be boring, wouldn’t it, if we were completely finished with everything by the end of the year. I mean, what would we do then?
So we carry our unfinished business into the following year. That’s what New Year’s resolutions are for, right? “For every single day of 2013. I’m going to eat just 700 calories and jog six miles!”
For many of us, new year’s resolutions are made to be broken. In fact, for some of us, the best way to make sure something doesn’t get done is to make a new year’s resolution to do it. It’s the kiss of death!
Thankfully, though, we live in the digital age where help is as close as your iPad. So this month, I’ve got two apps to recommend. Read More→
The Profit December 2012 Edition
Posted on December 9, 2012 by
The December 2012 edition of The Profit Newsletter for Tampa REIA is now ready for download as a High Quality PDF or Low Res PDF format. In cash you didn’t know, The Profit Newsletter is a digitally delivered, interactive newsletter for real estate investors to read and use with your PC, Mac, Smart Phone, iPad or other mobile ready device. Many of the articles and ads in The Profit contain many hyperlinks you can click or tap to visit websites, watch videos, listen to audios, download content, send emails, comment on articles, share socially and much more!
The Profit is a “new” Newsletter and were just getting warmed up, so be sure to Subscribe to The Profit Here so you don’t miss a single monthly issue. And please be sure to tell your real estate investor friends to subscribe as well.
This month you can read, interact and enjoy a variety of articles on real estate investing and more from Kimberlee Frank, Tony Pearl, David Lindahl, Bob Massey, Jim Hitt, Kathy Kennebrook, Don DeRosa and Larry Harbolt. And don’t forget, Tampa REIA Business Members can advertise in The Profit at deeply discounted rates. Enjoy!
CallerID Note Pro: Get the Names Straight!
Posted on December 9, 2012 by“Discretion in speech is more important than eloquence.” ~ English proverb
It’s eight p.m. on a Saturday night. You’ve just settled into your front-row seat at the opera – you’re seeing your favorite, La Traviata.
Okay, so you’re really at a WWE wrestling smackdown. Work with me here.
At any rate, you’re in your seat waiting for the action to begin, and your phone vibrates. Caller ID says it’s Francine Fudley, a very motivated seller who’s on the verge of signing a contract. But wait, that’s wrong! Isn’t Francine Fudley the name of your brother’s second wife’s third cousin? The seller’s name is really Freddie Pfeffer, right? Or is that Frances Furman?
Sheesh. What a dilemma! You’ve got to take a call from the seller, even if it means missing a perfectly good cage match. But if you take the call and it turns out to be your brother’s second wife’s third cousin, you’ll be stuck in a long, long conversation about how her gout is a sure sign of a decaying society.
Do you answer the call, or not? Read More→
The Profit November 2012 Edition
Posted on November 3, 2012 by
The November 2012 edition of The Profit Newsletter for Tampa REIA is now ready for download as a High Quality PDF or Low Res PDF format. The Profit Newsletter is a digitally delivered, interactive newsletter for reading and using with your PC, Mac, Smart Phone, iPad or other mobile ready device. Many of the articles and ads in The Profit contain many hyperlinks you can click or tap to visit websites, watch videos, listen to audios, download content, send emails, comment on articles, share socially and much more!
The Profit is a “New” Newsletter and were just getting warmed up, so be sure to Subscribe to The Profit Here so you don’t miss a single issue and please tell your real estate investor friends to do the same. The Profit is for sharing.
This month, please read, interact and enjoy a variety of articles on real estate investing and more from Bill Cook, Peter Fortunato, Don DeRosa, Mike Barnes, Russ Hiner, Bob Massey, Erven Kimble, Jim Hitt, Larry Harbolt, Tony Pearl, Kathy Kennebrook and Kimberlee Frank. And don’t forget, Tampa REIA Business Members can advertise in The Profit at deeply discounted rates. Enjoy!
MDScan: Quick! I Need it Yesterday!
Posted on November 3, 2012 by“A picture is worth a thousand words.” ~ Anonymous
Today, here’s on offering for you Android fans.
Let’s set the scene: You’ve found a terrific little house to buy. You’ve finally reached an agreement with the seller, but one of his requirements is a little unusual. You want to run it by your lawyer.
Unfortunately, it’s 4:00 p.m. on Friday. In one hour, your attorney is flying to the Himalayas for three weeks to climb Mt. Everest. Even if he could get a signal up there, he has no intention of answering his phone while he’s gone. If he receives the offer before he leaves, he will read it on the plane and at least send you a quick text before he piles on his mountain-climbing gear. But if you don’t get it to him in time, well, you’re going to have to rely on Bernie, your wife’s aunt’s boss’s son, a really strange guy who just passed the bar exam after failing it twelve times. You’d really, really like to use your own attorney.
Now here’s the problem: You are at the house with the seller. Neither of you has a scanner. You are 45 minutes away from your office. Your assistant has the week off. What to do? Read More→
The Profit October 2012 Edition
Posted on October 3, 2012 by
The October 2012 edition of The Profit, the official newsletter of the Tampa Real Estate Investors Alliance (Tampa REIA), is now ready for download in high or low resolution format. Read and enjoy a variety of articles on real estate investing and more from Kathy Kennebrook, Robyn Thompson, Dustin Griffin, Larry Harbolt, Bob Massey, Erven Kimble, Don DeRosa, Jim Hitt, Mike Barnes, Tony Pearl and Russ Hiner. And don’t forget, Tampa REIA Business Members can advertise in The Profit at deeply discounted rates.
Zillow: More Information for Me and for You!
Posted on October 3, 2012 by“An investment in knowledge pays the best interest.” ~ Benjamin Franklin
Remember when your dear Aunt Myrtle asked you to help her sell that Miami condo? You did the research, helped arrange some inexpensive upgrades, priced the home sensibly, and voila! It sold in a week and a half. Aunt Myrtle was so grateful she sent you homemade bread and cookies for a year.
But that was then. This isn’t your Aunt Myrtle’s condo market anymore, and it’s not just because of the Great Recession. While prices were hurtling downward, the amount and availability of information online was increasing like crazy. Databases that used to cost hundreds of dollars per year are now available to everyone for free. And that includes resources like MLS listings that used to be available only to real estate professionals.
Zillow is a great example of just how far online resources have come. Established in 2005 by economists, Zillow doesn’t just provide current home listings; it’s a one-stop shop that analyzes everything from the housing market as a whole to detailed information on single properties. The smart folks in charge have developed mathematical algorithms based on comps and other data, allowing Zillow to predict (or “zestimate”) the value of any property based on comps and other data. Enter an address, and there it is: Zillow’s zestimate of a property’s worth, along with pictures and details from the listing. Comps are even available. And a blog. And a mortgage calculator, and a lot more! The mobile version can also use GPS to find properties nearby. You can sit in your car in front of a house that’s for sale, look up the price, check Zillow’s value estimate, and then see what houses might be available just around the corner. If you happen to be a bird-dogger, Zillow is your best friend. Read More→
What’s Happening at Tampa REIA – Week of September 17, 2012
Posted on September 24, 2012 by
Please join us on September 25th & 27th at 7 PM ET for a very special Evening with a Real Estate Expert Webcast with real estate investor, author, national speaker and trainer and private lending expert, Alan Cowgill! On this webcast, we are going to introduce our attendees to Alan, talk about how he got started in the real estate investing business, and talk about how he and his students raise and use private money to buy all of their single-family houses, commercial buildings, apartment complexes or other investment properties regardless of their cash on hand, credit or financial situation. Register for this Webcast Now!
The 3rd edition of The Profit, the official newsletter of the Tampa Real Estate Investors Alliance (Tampa REIA), is out for the month September 2012! Read and enjoy a variety of articles on real estate investing from Larry Harbolt, Don DeRosa, Bob Massey, Russ Hiner, Robyn Thompson, Erven Kimble, Mike Barnes, Jim Hitt, Kathy Kennebrook, Tony Pearl and more. Don’t forget, Tampa REIA Business Members can advertise in The Profit at deeply discounted rates.
What’s Happening at Tampa REIA – September 2012
Posted on September 11, 2012 byThe 3rd edition of The Profit, the official newsletter of the Tampa Real Estate Investors Alliance (Tampa REIA), is out for the month September 2012! Read and enjoy a variety of articles on real estate investing from Larry Harbolt, Don DeRosa, Bob Massey, Russ Hiner, Robyn Thompson, Erven Kimble, Mike Barnes, Jim Hitt, Kathy Kennebrook, Tony Pearl and more. Don’t forget, Tampa REIA Business Members can advertise in The Profit at deeply discounted rates.
Business Success Workshop
A Full Day Workshop & Strategy Session
with Larry Harbolt on Sept 15th, 2012
Right now is the best time in modern history to buy real estate. Join Larry Harbolt on Saturday, September 15, 2012, and he will share with you his secrets on how to make money in today’s real estate market. Larry will show you what you really need to know to buy real estate profitably with only $10 down, even if you have bad credit or are bankrupt!
At this workshop, you will learn:
- Buy real estate profitably in any market or economic cycle.
- Learn how to buy real estate when you have No money.
- Buy real estate when you have No good credit.
- Learn how to create the terms to make cash today.
- Learn how to overcome seller objections like a pro.
- Learn the right questions that will create Golden Deals.
- How to create extra profit out of thin air on most of your deals.
- Never have to beg for or apply for a loan again.
- How to buy and sell all the property you want and never use a bank.
- How to structure offers with no payments or interest and get the seller to gladly accept. This will drive your cash flow through the roof.
- Why you can buy millions of dollars in real estate and never have a debt show on your credit report or be personally liable for a penny.
- Build your income stream, like the banks have, acquire free assets, without investing a dime.
- How to change the terms of the loan months or years after the closing and make the seller ecstatic to do so.
- Build an empire from monthly cash flow and cure negative cash flow – The secret only a handful of people know how to do.
- Big profits from the “deal after the deal”. All seller-financed deals have back end profit centers if structured properly, and will cost you a fortune not knowing them.
- How a few carefully chosen words you can easily master in minutes can potentially earn you big paydays when you’re ready to cash out your seller.
Come and join Larry on Saturday, September 15th, 2012 for The Ultimate Fast Track to Your Business Success Workshop. Bring a new pad and a couple sharp pencils because Larry promises you will leave with New Methods, Processes and Systems that are Efficient, Effective and WHEN YOU WILL Learn them can be measured by the NEW CASH in YOUR bank account.
If you wish to attend, Reserve Your Seat(s) Now! Gold Members can attend for $19.95, Silver Members for $29.95 and Guests for $39.95.
Workshop registration starts at 8:30 AM on September 15th at the Doubletree Suites Tampa Bay located at 3050 North Rocky Point Dr West in Tampa, FL.
After the conclusion of the Tampa REIA Workshop with Larry Harbolt on Your Fast Track to Success (after 5:30PM), we will be reconvening on the Beach 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 on the Beach on Tampa Bay!
Be sure to join our new Tampa REIA Mobile Real Estate Investor VIP List by texting the word Tampa to 813-377-3428 and we will text you with important Tampa REIA updates, announcements and events from time to time. We will NOT share your phone number with anyone and have no plans to send you more than 4 text messages per month. Standard text message rates apply. Join the Mobile REI VIP List Now!
If you want to be emailed updates on Tampa REIA and our upcoming meetings, webcasts, workshops more often, please Subscribe to Our Email Updates Now.
The Profit September 2012 Edition
Posted on September 10, 2012 byThe 3rd edition of The Profit, the official newsletter of the Tampa Real Estate Investors Alliance (Tampa REIA), is out for the month September 2012! Read and enjoy a variety of articles on real estate investing from Larry Harbolt, Don DeRosa, Bob Massey, Russ Hiner, Robyn Thompson, Erven Kimble, Mike Barnes, Jim Hitt, Kathy Kennebrook, Tony Pearl and more. Don’t forget, Tampa REIA Business Members can advertise in The Profit at deeply discounted rates.
How to Get a “Yes” to Your Offer
Posted on September 10, 2012 by“An agreement cannot be the result of an imposition” ~ Nestor Kirchner
Imagine. You have a hot lead in your hands that could make you thousands in the next 30 days. Tens of thousands. Appears to be a decent house. Needs a little updating. Good neighborhood. Great schools.
But the owner tells you he’s talked to other investors. He tells you, “Don’t bother to come if all you’re going to do is make a low offer.”
So…do you go? Even if you’re going to make a low offer.
The answer is yes. Always yes.
You’ll go because you’ll get a ‘yes’ to your offer. You’ll be prepared. You’ll do your due diligence and analyze the numbers. And unlike the other investors, you’ll have a tool that will explain the numbers, explain why your offer is reasonable. Your tool will negotiate for you. In fact, you will become the seller’s advocate. You’ll try to make the numbers work, for both of you.
Even if your offer is tens of thousands less than the seller wants out of his house, you will get them to say ‘Yes.’ Read More→
