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

Announcing a NEW bREakout $ession – The Talking Spot

Join us at the next General Meeting at 6 pm for Networking, Deal Making and Relationship Building with Fellow Investors.  As you may know, our meeting place has classes going on during our meeting time.  This room is your place to meet, mix, and mingle with other attendees.  Bring your business cards to this one!

**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.

GPS Monitoring of Suspected Gang Members/Af​filiates Begins

Chief Steve Anderson and Tennessee Probation & Parole Board Chairman Charles Traughber today announced a pilot program designed to interdict gang activity through global positioning system (GPS) monitoring.  Ten offenders with suspected gang affiliations, who remain under the authority of the court system and the Board of Probation & Parole due to prior convictions, have now been placed on GPS monitoring.

        “This new initiative with Chairman Traughber and his staff sends yet another very clear message that our police department has no tolerance for criminal gangs and gang violence," Chief Anderson said.  "From daily intelligence gathering by our Gang Unit, to our weekly Operation Safer Streets program, to our partnership with the U.S. Justice Department in the recent racketeering indictment against violent gang members, we mean business.  And our business is the safety of Nashville’s neighborhoods.”

        "Our goal is no more victims,” said Chairman Charles Traughber. “GPS is a tool that tells us where an offender is and tracks his or her movements. We’re sharing this technology with Metro Police to determine whether it can have an impact on gang activity in the area.” 

        GPS is a relatively new technology.  The Board of Probation & Parole has used it statewide since 2007 to strengthen supervision of sex offenders and other high-risk offenders.  Metro officers taking part in the gang pilot program have been trained to use the same software used by Probation & Parole staff to monitor offenders on GPS, and will respond to any alerts involving offenders in the pilot program.
 
        GPS monitoring relies on tracking devices and ankle bracelet transmitters worn by offenders. Tracking data is processed through a web-based application. If alerts are received, they are processed, and officers are notified when further action is needed. Alerts might include signals that indicate tampering with devices, offender presence in a forbidden area or failure to be at a specific location at a scheduled time (curfew, attending treatment, reporting for employment, etc.). Alerts are also triggered if units are not recharged on time, or if the unit is not being carried properly.

     This is the second joint project for Metro Police and the Board of Probation & Parole. State probation and parole officers are stationed in several Metro Police precincts. Both agencies say the joint effort has strengthened their working relationship and has made it easier to serve warrants.

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 .

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!

New Changes in MDHA’s Section 8 Affect You!

This Friday, December 10, 2010 Metro Development and Housing Agency will conduct a briefing for all existing and new Landlords.  MDHA will be discussing the new changes within the department specifically regarding Section 8 and how it affects all Landlords in Middle Tennessee.  The meeting details are as follows:

When:  Friday, December 10, 2010

Where:  MDHA Training Center
                 1419 Rosa Parks Boulevard
                 Nashville, TN  37208

Time:  1-3:00PM

If you need additional information please call MDHA at (615) 252-6500.

All of the Info You Need to Make $5,000 or more!

Real Estate 101 - November 6-7

Sure, there are tons of expensive, out-of-state bootcamps and seminars out there that will help you take the first steps toward becoming financially independent. But...there is Vena's Real Estate 101 workshop that is affordable, comprehensive and will teach you what you need to know to make money in real estate, Guaranteed! Best of all, Vena's workshop takes place November 6 & 7 in Nashville!

RE101 will build your knowledge from the ground up. It will give you the education you need to start making deals and making money right away! You will learn:

  • How to create a business plan that guarantees success
  • How to choose the best strategy for YOU
  • How to appraise properties accurately
  • 8 ways to buy properties using none of your own $$
  • How to wholesale, retail, lease/option, and rent properties successfully

When you register to attend this class today you will receive:

14 hours of live, up-to-date strategies, Vena's 200 page course manual, a CD Rom with all contracts from the manual, the RE101 "Forms and Contracts Supplement," and 3 months of personal email support!

Even if you've never bought or sold a property in your life, Real Estate 101 will teach you how to make money and build wealth in the highly profitable, proven business of investing in real estate

Register today!