May 19, 2012

**Monthly Meetings Move to Swang Business Center @ Lipscomb University in March**

Beginning March 14, 2011, REIN’s General Association Meetings will be held in the Swang Business Center on the campus of Lipscomb University.

Many of you know these as our “main monthly meetings” on the second Monday of each month.  The REIN Board of Directors considered many options and chose Lipscomb for its central location, good parking, nice facilities, nearby food, and reasonable cost.  

Your Questions Answered:
 
How do I get to Lipscomb University?
Lipscomb University is situated between Belmont Boulevard and Granny White Pike.  It is bordered to the North by Woodmont Boulevard and to the South by Shackleford Road in the Green Hills area of Nashville.   Find directions to Lipscomb using this Google map.

Where do I park?
Parking is available off of Belmont Boulevard on University Park Drive.  A parking garage is also available off of Granny White Pike.  The parking garage is adjacent to Allen Arena.  Swang Business Center is a brown brick building, northwest of Allen Arena.  Parking is available at any non-reserved space.  Once you are on campus follow the red and white REIN “bandit” signs to Swang Business Center, and look for your REIN Red Vest Hosts. 

What about food?
Food options available next week once confirmed.

What about the books I have checked out from the REIN Library?
Please bring with you any books that are due at this time.

What about….?
If you have additional questions that have not been answered please email Rachel at management@reintn.org

Directions:   

FROM NORTH OF NASHVILLE ON I-65: Take I-65 to the Wedgewood Avenue exit, turning right on Wedgewood Avenue.  Turn left on 12thAvenue South.  12thAvenue South becomes Granny White Pike.  After crossing Woodmont Boulevard, travel approximately 1 mile and the campus will be on your right. 
 
FROM SOUTH OF NASHVILLE ON I-65: Take the Harding Place exit, turning left on Harding Place.  Travel West on Harding Place, crossing Franklin Road.  Turn right on Granny White Pike.  Go approximately 2 miles and the campus will be on your left.  Parking is available in the parking garage or any other non-reserved space.
 
FROM EAST OF NASHVILLE ON I-40: Take I-24 East to I-440 West. Take Exit 3 (21st Ave./Hillsboro Pk). When the off-ramp splits, follow the signs to Hillsboro Pike. Once you are on Hillsboro Pike, turn left at the third stoplight.  This is Woodmont Blvd. At the first stoplight, turn right onto Belmont Blvd.  Go approximately two blocks and the campus will be on your left.
 
FROM WEST OF NASHVILLE ON I-40: Take I-440 East. Take Exit 3 (21st Ave./Hillsboro Pk).  When the off-ramp splits, follow the signs until you are on Hillsboro Pike.  At the third stoplight, turn left onto Woodmont Blvd.  At the first stoplight, turn right onto Belmont Blvd.  Go approximately two blocks and the campus will be on your left.

Google map

Driving direction address:
3901 Granny White Pike
Nashville, TN  37204

Physical address:
One University Park Drive
Nashville, TN  37204
 
 Note: 
- All Education Classes will continue to be held at the REIN Education Center near Opryland.
- This change ONLY affects the monthly meeting, beginning in March.

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 .

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>

Nashville June Monthly Meeting Summary

Monday June 14, 2010 Nashville REIN Monthly Meeting will be held at the REIN Education Center. Future home of this monthly meeting will be announced as soon as we can.

Main Presentation: [7:00p]

Fixin' & Flippin' in Today's Real Estate Market
- An Unfiltered Q&A with Fellow Investors.

  • Geo Mitchell
  • Mark Hayes
  • Ray Burkhalter

[ more ]

Table Topics: [5:45p]

  • The Appraisal Business: What affect an appraisals positively and negatively - Danny Wiley
  • How will the flooding affect loans and rates? What is going on in the mortgage world and why are rates changing - Al Murad

Seasoned Investor Group: [4:15p]

  • EPA Lead Based Paint - Kenneth Bakari
  • Wheelin' and Dealin' - a time of networking & deal making. Bring deals or come looking for them.

Nashville April Monthly Meeting Summary

Main Presentation: [7:00p]

An A-to-Z Guide to Getting $$$ from Bad Tenants
Join us Monday evening, April 12, 2010, to learn the ins and outs of how to deal with every Landlord's fear: the deadbeat tenant.

This month's General Meeting Presentation will feature two Metro General Sessions Judges and a Real Estate and Collections Attorney.

Have a question you would like asked? Post it in the comment section.

[more]

Table Topics: [5:45p]

  • How to Find Deals in Today’s Real Estate Market – Robert Mohon
  • How to Manage the Rehab Process – Bob Potter
  • How to Make the Web Work for You – Bianca Basch
  • The A-Z Process for Leasing – John Ehlers

Seasoned Investor Group: [4:15p]

The Market is GREAT!
Ray West of Rayburn West Financial Services will give us a summary of what happened over the past year to get us to where we are.

[more]

Nashville May Monthly Meeting Summary – May 10th @ REIN Ed Center

Due to the flooding, this meeting has been altered to a new location & change in program.

LOCATION: REIN Education Center - 2416 Music Valley Drive, Suite 151, Nashville, TN 37214 [map]

SIG [4:15p]
Investing Across State Lines - Kenneth Kraft

As many investors grow, they begin to look in other markets. The geography of Tennessee and the proximity of other states to the Middle Tennessee area make it very likely that you will invest in another state before you in one of the other major markets of Tennessee. Kenneth will speak on this topic many are contemplating today.

Table Topics [5:30p]
Government Affairs - Mark Hill and Andy Neuman

Mark & Andy will share their knowledge on a new law that will affect all landlords. Lead paint has been an issue for years and the government is now trying to solve this problem. These men will explain how this government regulation will affect landlords, rehabbers and flippers for replacement windows in the future.

Protecting Insurance Coverage Immediately After a Disaster - Rob Dodson, attorney

Property owners sustaining losses resulting from the unprecedented recent rains in Tennessee may have insurance coverage available to respond to some or all of their losses.  Rob will share the steps to conserve and protect your insurance coverage.

Main Presentation  [7:00p]
Ask The Expert - bring questions to asked seasoned investors.

This will be a time where you can ask questions of seasoned investors, life members of REIN, and other experts in their field.

FOOD - there are several local resultants in the immediate area including:

No food will be available for purchase at the meeting, we encourage you to pick up food on the way, or during the break.

Than Merrill
Than will *not* be presenting at this meeting, we will attempt to reschedule him for later this year.