May 19, 2012

Find the Money at April’s Investor Money Panel

You’ve seen those crazy ads on TV where folks holler “It’s MY Money and I want it NOW” out their windows.

Do you ever feel this way about your real estate profits?
Then make plans now to join us Monday, April 11, 2011, at the REIN General Meeting at Lipscomb University.

In this vital “Investor Money Panel” you will hear hand-selected experts

Yogi Dougher,

Ron Greenfield,

Mary Wester

on how and where you can get funding for your deals – right now – in today’s market.

 

 

 

original image by Andrew Magill

Don Beck Rocks REIN with Latest Buy and Hold Rental Secrets

The average life of a landlord is three years.

No, they don’t die—but they do get out of the business... because they didn’t screen properly, use a landlord-friendly lease, or have a strong control system in place.

On March 14th, Don teaches REIN Members and Guests hard-won advice on the most profitable strategies and methods for managing those rental properties that you bought for “no money down.”Don Beck left a tenured teaching position after only five years of investing to manage full time his growing real estate portfolio.

It is Don's contention that too many people learn the no money down concepts and other fancy acquisition techniques and then fall flat on their faces because they have no idea of how to control tenants.

Before they know it, the tenants are controlling them by not paying the rent! And the positive cash flow property quickly turns negative. Smart Investors avoid this trap by putting as much time and effort into learning good property management skills as was spent learning creative ways to buy property.

Thousands of students from around the country have benefited from Don's tried and proven "Down to Earth Landlording" techniques that he shares with REIN.

Don is a real leader.  He has been President of Philadelphia's Diversified Real Estate Investor Group and has served as Board of Directors and Training Cruise Chairman for the National Real Estate Investors Association.  His accomplishments have been featured on CNBC, Smart Money magazine, and numerous radio talk shows.

Don's training at REIN will jump start you into doing the things that make the difference between success and failure.

Register today at www.reintn.org/don.

Put Your Rental Properties on Cruise Control

Put Your Rental Properties on Cruise Control with Don Beck’s Property
Management Training at REIN. Learn how to become a part time landlord
with a full time income.

Additional details can be found at www.reintn.org/don .

Bring your Sweetie to REIN for….

Valentine's Expert Panel Night!

REIN Members Share the Good, the Bad, and the Ugly of Making Real Estate Investing Teams Work

Valentine's Day is all about loving your Sweetheart. But don't pay full retail by eating out or buying roses and candy on this night! Come to REIN and hear your fellow married and unmarried REIN members share their tips and tricks on how they successfully invest in real estate - with or without help from a spouse.

[original image by Carmela Nava]

A Quick Message for You from Wendy Patton

Please be advised that we have been in contact with Wendy and she will be in Nashville to present the Lease/Option Workshop this Saturday, January 15 at a special low rate if you sign up soon.!

[ more info on wprkshop]

Rental Markets are BACK – the time has come!

Rental Markets are Back!

Creative seller financing is what is needed yet, unfortunately most real estate agents and sellers, do not understand it.

For the last several years I have been saying that the foreclosure epidemic would be a good thing for real estate investors. Real estate investors have such a great opportunity when foreclosure rates go up. What opportunity exists? Real Estate investors can buy foreclosures, of course, and they can also benefit from the displaced owners of the foreclosures. They now have “tenants” for their new purchases and their existing properties.

For the most part, from 2000 until early 2007, if you could fog a mirror you could qualify for a mortgage. This easy qualification process lead to two things: 1) The tenant base decreased causing higher vacancy rates and lower rental rates and 2) it put so many people in a situation they couldn’t afford. Many people had no savings and barely squeezed into a home with minimal down. They couldn’t afford any blip in their lives or with their new home. Unfortunately, things happen in life. Also, many people got put into the interest only adjustable rate mortgages. They qualified when it was interest only or a negative amortization loan, but when it adjusted, they found themselves way over their heads financially.

The Wall Street Journal published an article on May 3, 2008 that talked about how rental homes are now going for a premium in many markets around the country. Many home owners that have gone through recent foreclosure are having a difficult time finding a rental home. There is now so much competition of renters added to the market. It also stated that many renters are looking for a new place due to the home they are living in suddenly being pulled out from under them when an owner is in foreclosure. Many of them have little or no time to move. Some have only a few days notice, as they did not know the owner was even in foreclosure.

I have waited for this time with baited breath. I, personally, am excited that lending requirements have tightened. It keeps out many investors that can’t qualify for a loan, AND it keeps many of my tenants renting from me. Over time when the rental rates stabilize, it will drive up property values for landlords/investors.

What does this mean for you? Make a smart move by making plans to attend the January REIN meeting! I will see you January 10th!

Wendy Patton

End of Year Special REIN Event – This Monday night!

Just a reminder of our "Snow Meeting" this coming Monday at the REIN Education Center.  As you know we called off the regularly-scheduled REIN Main Monthly Meeting.  But several of our Presenters have such time-sensitive info that they have agreed to come this Monday, December 20, 2010, to the REIN Education Center for a special, one-time-only Event.

At this meeting, you'll learn more about:

- recent tax law changes that affect your business
- year-end tax planning you should do right now
- finding the right people for your real estate success team
- how to make driving for dollars really pay off
- how 3 of our experienced investors are buying and holding their way to long-term wealth
- what they are doing right now with this economy to keep their properties filled with tenants who pay on time

You won't want to miss this Special Event this coming Monday Night, starting at 6 pm (and ending by 8:30 pm - or whenever you finish networking)

EVENT LOCATION: REIN Education Center - near Opryland Hotel
2416 Music Valley Drive - Suite 151 (look for the big, lighted REIN sign)
Nashville, TN 37214

If you have questions, visit www.reintn.org or call the REIN office at 615-885-5454.

See you Monday!

REIN brings Tax Saving and Landlording Tips to your December meeting!

Taxpayers! Learn about year-end Tax Planning (while you still have time to act), and 2011 pending Tax Law Changes you MUST know. Plus, learn how Buy & Hold Rentals can produce long-term wealth for you. <More>

Gangs, Crime and Punishment – Main Presentation – August 9

Back by popular demand, Sergeant Dan Ogren returns to REIN on Monday, August 9th, 2010.

Members and Guests will gain so much 'hidden' knowledge with this special meeting. Sgt. Ogren will reveal tips and tricks on how to detect possible criminal activity in and near your property. Plus, he teaches how to spot this in an area *before* you invest to help you make more informed investment decisions.

He will have graphics and overlays of crime concentration by certain types of crimes and criminal activity, such as drug complaints, gangs, and more.

As a special bonus for REIN, Sgt. Ogren will have templates and examples of on-line resources that investors can access.

Knowledge is power!  And crime *doesn't* pay investors.   Find out what you need to know right now. Mark your calendar *now* to attend this special event!

About Our Speaker:  Sgt. Dan Ogren is a 22-year veteran of the Metro Nashville Police
Department. Sgt. Ogren has been the East Precinct Community Affairs Coordinator for 11 years. Prior to joining the police force, he served 8 years on active duty in the US Coast Guard & US Navy. He has been married to Yvonne for 23 years. Together, they are applying the finishing touches on the raising of a biologist and an economist.

Fixin’ & Flippin’ in Today’s Real Estate Market – Nashville Main Presentation – June 14th spea

An Unfiltered Q&A with Fellow Investors

REIN Members Ray Burkhalter, Mark Hayes and George Mitchell have mastered the art of fixing and flipping properties. And at the June meeting they will be sharing tips and secrets including:

  • Which improvements add value (and which don’t)
  • Importance of a detailed property inspection
  • Which properties make the best investments
  • How to make the most money when you sell

Ray Burkhalter has been an active Real Estate Investor in Tennessee since 2004 and a real estate agent from 2009. After 12 years working as a mechanical engineer, he made the transition to full time investor in 2008 and opened Sugarbush Investment Group, Inc. with his wife Gail. Together they have purchased over 30 properties using a combination of owner financing and private lenders. They currently own and manage 16 investment properties in Rutherford County. A number of their investments have employed the fix and flip strategy which they continue to use on a limited basis today.

Mark Hayes was born and raised in Asheville, North Carolina, and is a 1997 graduate of Vanderbilt with a degree in Civil Engineering. From 1997 to 2001, Mark was a project manager for a geotechnical engineering firm. In 2002 he started RE Investing. Mark worked 5 part-time jobs for the next two years to pay the bills & worked on real estate during the day. He has been a full-time Real Estate Investor since January, 2005, having renovated over 35
homes. He currently has 35 rental units but his specialty is rehabbing homes to sell in the West Nashville area. He rehabs 6-8 homes per year.

REIN member George Mitchell made his first real estate purchase when he was 18 years old. He has built new houses, renovated multiple properties from houses to small apartment complexes, and is a licensed real estate agent. George buys, sells, and manages properties throughout Nashville.

[ Nashville June Monthly Meeting Summary ]