New Multi-Family Investment Strategies Focus Group added to the REIN calendar

REIN member and corporate sponsor David Childers will be hosting a focus group the 4th Tuesday of each month to discuss intermediate to advanced multi-family investment strategies. Topics will include everything from deal-sharing to property management and much more!

Many of the meetings will also feature guest speakers who are experts in their field.

The first meeting is August 28th. Seating is limited to 45 so if you are interested, go click here to reserve your seat now.

Ground Floor a REIN Corporate Sponsor

GroundFloor

 

Investors Share Secrets – without a Court Order!

Three of our local rock-star members pull back the curtain on their Genius Investing Machine at The Main Event August 13th. You don’t want to miss it.

Brandon Rumbley, Brandon McDonald, and Jason Dodge (BB&J) – all of the Urban Dwell Team – share three of their recent deals. They’ll show you the details – and how and why they structured these deals the way they did. This is a huge takeaway for any investor who wants to profit in today’s market. If you aren’t sold yet, here’s a taste:

Deal #1 – How BB&J made an EXTRA $274,660 in pro t on a recent project because they set it up on purpose and thought ahead.

Deal #2 – How BB&J got a 49% ROI on a recent loan made from their kids’ Coverdell Education Savings Account. (If you have kids – or can borrow kids – you MUST know about this strategy.)

Deal #3 – How BB&J set up a 1031 to exchange an asset that was spitting out $650 per month – into FOUR assets producing $4,350 per month.

This event is for you if:

  • you like making money
  • 
you want to make more money
  • you want to save on taxes
  • you have no clue what this is but you know it sounds amazing!

Don’t stay home eating PB&J.   Get to this event with BB&J!

(Your future net worth will be glad you did.)

 

Get in on the ground floor with GROUNDFLOOR!

GROUNDFLOOR is bringing a new way to finance short-term residential fix & flip loans to Nashville.  Little to no documentation, deferred payments for up to a year and rolling points into the loan are just some of the ways we are changing the game in your favor.

Come to learn about this new source of funding. Chris Schmitt, of GROUNDFLOOR, will go over our program and teach you how to get funded quickly. Don’t miss this event!

This Free seminar and lunch will cover:

  • Who/What is GROUNDFLOOR
  • Crowdfunding for Real Estate Financing
  • Learn About Our August Promotion And How To Participate

And much more!

We’ll see you at 11:30 on Thursday, August 9 at the REIN Center on Harding.  Click here to register.

Lunch provided compliments of  GROUNDFLOOR.

Cash Deals Being Further Scrutinized by Feds

Back in January, 2016 we reported about the federal government requiring real estate companies in New York and Miami to disclose the names behind all-cash real estate transactions.  The measure was supposedly “temporary” and targeted properties purchased with cash in New York City and Miami-Dade County that met certain thresholds.  Now, flash-forward to the present; a recent article in the Miami Herald discusses some recent all-cash real estate deals (where the buyers are anonymous) that are being snagged by that very same Treasury Department rule.  However, in May of this year the thresholds for triggering those reporting requirements were quietly lowered to $300k (down from $1 million) and now includes trusts, which had previously been excluded.  Indeed…

“Where people get their money is none of my business,” Tony Elias, a Realtor who specializes in selling condos in Brickell and Miami’s urban core, told the Miami Herald in a recent interview. “I don’t see how Realtors can enforce where the cash is coming from. I’m not going on an expedition for that.”

Click here to read the full story at the Miami Herald.

Click here to read “U.S. Will Track Secret Buyers of Luxury Real Estate,” 1/14/16