Real Estate WEALTH Magazine PART 2
This magazine is so LARGE, we had to break it up into two sections.
Real Estate WEALTH is a new publication reaching Accredited Investors, Entrepreneurs, Commercial Real Estate Brokers, Lenders and Private Acquisition Companies.
The print and online magazine is published by Manifest Media Partners, owners of Realty411.
The California-based media & marketing company that own several websites reaching real estate investors.
Our publications reach investors around the United States and abroad.
THANK YOU FOR STOPPING BY.
Real Estate WEALTH Magazine PART ONE
It's so large, it had to be broken into two parts!
Real Estate WEALTH is a new publication reaching Accredited Investors, Entrepreneurs, Commercial Real Estate Brokers, Lenders and Private Acquisition Companies.
The print and online magazine is published by Manifest Media Partners, owners of Realty411.
The California-based media & marketing company also own several websites, which reach thousands of real estate investors daily.
Reaching Accredited Investors and High Net Worth individuals. The magazine is published by investors with numerous years experience in local as well as long-distance investing. To reach us, call: 310-499-9545 or visit www.reWEALTHmag.com for more issues and to join our network.
Reaching Investors, Entrepreneurs and Real Estate Providers around the Globe, Realty411 magazine is a complimentary print and online resource guide developed to assist investors in the acquisition, management and growth of their real estate portfolios. Realty411 is
published by investors who own properties around the nation. The publishers have been landlords since 1993. Our company also owns CashFlowCows.com and GreenBlasts.com and operate numerous real estate blogs as well as many online social media groups reaching nearly 30,000 globally.
Reaching Investors, Entrepreneurs and Real Estate Providers around the Globe, Realty411 magazine is a complimentary print and online resource guide developed to assist investors in the acquisition, management and growth of their real estate portfolios. Realty411 is
published by investors who own properties around the nation. The publishers have been landlords since 1993. Our company also owns CashFlowCows.com and GreenBlasts.com and operate numerous real estate blogs as well as many online social media groups reaching nearly 30,000 globally.
The Source for Real Estate Finance. A special supplement published by Realty411 (http://realty411guide.com). This NEW Issue of Private Money411 features the executive team of B2R Finance. Learn about new financing options that are available for investors of real estate.
This document provides an overview of investing in mobile home parks. It outlines a three-step plan for buying distressed parks, increasing occupancy and rents, then reselling for a profit within 1-2 years. Step one involves buying a 50-space park with investors, improving operations over 18 months, then selling for a 10 capitalization rate, netting $125,000. Step two has the original investors reinvesting along with the $125,000 to buy another distressed 50-space park and repeating the process. Step three scales up to buying a 100-space park using the profits from steps one and two. The document promotes the book "Unconventional Wealth" by Mike Conlon and provides contact information for his
Learn from the top leaders of real estate finance, asset protection, property management and business with our FREE publication created to help our readers create wealth through passive income. This publication is published by Realty411(http://Realty411guide.com), your source for real estate wealth.
This document summarizes the advantages of investing in apartment buildings over single family homes for the purposes of passive income and financial freedom. It notes that while house flipping can be profitable, it requires continuous work to maintain income. Apartment buildings, on the other hand, provide positive cash flow from the start and allow investors to live off rental income without dealing with tenants or repairs. The author owns numerous apartment complexes that provide over $9,700 per month in passive income with just one phone call to managers per property. He argues apartment investing is a superior strategy for attaining real financial independence compared to house flipping.
Real Estate WEALTH Magazine PART ONE
It's so large, it had to be broken into two parts!
Real Estate WEALTH is a new publication reaching Accredited Investors, Entrepreneurs, Commercial Real Estate Brokers, Lenders and Private Acquisition Companies.
The print and online magazine is published by Manifest Media Partners, owners of Realty411.
The California-based media & marketing company also own several websites, which reach thousands of real estate investors daily.
Reaching Accredited Investors and High Net Worth individuals. The magazine is published by investors with numerous years experience in local as well as long-distance investing. To reach us, call: 310-499-9545 or visit www.reWEALTHmag.com for more issues and to join our network.
Reaching Investors, Entrepreneurs and Real Estate Providers around the Globe, Realty411 magazine is a complimentary print and online resource guide developed to assist investors in the acquisition, management and growth of their real estate portfolios. Realty411 is
published by investors who own properties around the nation. The publishers have been landlords since 1993. Our company also owns CashFlowCows.com and GreenBlasts.com and operate numerous real estate blogs as well as many online social media groups reaching nearly 30,000 globally.
Reaching Investors, Entrepreneurs and Real Estate Providers around the Globe, Realty411 magazine is a complimentary print and online resource guide developed to assist investors in the acquisition, management and growth of their real estate portfolios. Realty411 is
published by investors who own properties around the nation. The publishers have been landlords since 1993. Our company also owns CashFlowCows.com and GreenBlasts.com and operate numerous real estate blogs as well as many online social media groups reaching nearly 30,000 globally.
The Source for Real Estate Finance. A special supplement published by Realty411 (http://realty411guide.com). This NEW Issue of Private Money411 features the executive team of B2R Finance. Learn about new financing options that are available for investors of real estate.
This document provides an overview of investing in mobile home parks. It outlines a three-step plan for buying distressed parks, increasing occupancy and rents, then reselling for a profit within 1-2 years. Step one involves buying a 50-space park with investors, improving operations over 18 months, then selling for a 10 capitalization rate, netting $125,000. Step two has the original investors reinvesting along with the $125,000 to buy another distressed 50-space park and repeating the process. Step three scales up to buying a 100-space park using the profits from steps one and two. The document promotes the book "Unconventional Wealth" by Mike Conlon and provides contact information for his
Learn from the top leaders of real estate finance, asset protection, property management and business with our FREE publication created to help our readers create wealth through passive income. This publication is published by Realty411(http://Realty411guide.com), your source for real estate wealth.
This document summarizes the advantages of investing in apartment buildings over single family homes for the purposes of passive income and financial freedom. It notes that while house flipping can be profitable, it requires continuous work to maintain income. Apartment buildings, on the other hand, provide positive cash flow from the start and allow investors to live off rental income without dealing with tenants or repairs. The author owns numerous apartment complexes that provide over $9,700 per month in passive income with just one phone call to managers per property. He argues apartment investing is a superior strategy for attaining real financial independence compared to house flipping.
Christian Yepez and Ruth Ortiz are real estate investors in Southern California known as the "Property Flip Pros." They credit their success to years of real estate education and having a team that helps find, fund, and complete deals. They make many offers on distressed properties and are able to profit from flipping homes month to month. The article provides tips from Yepez and Ortiz on how to find deals and make offers in the competitive Southern California real estate market.
Reaching Investors, Entrepreneurs and Real Estate Providers around the Globe, Realty411 & Real Estate Wealth magazine is a free print and online resource guide developed to assist investors in the acquisition, management and growth of their real estate portfolios.
The magazine, which features two different covers, each focusing on alternate marketing strategies, is published by investors who own properties around the nation. The publishers have been landlords since 1993. Our company also owns CashFlowCows.com and GreenBlasts.com and operate numerous blogs as well as many online social media groups. Google us for more information.
This document provides an overview of early stage capital opportunities in Georgia. It discusses the challenges of raising early capital in Atlanta compared to other tech hubs. It also outlines sources of early funding including angel investors, grants, and personal assets. Tips are provided on identifying angel investors, pitching to them, and structuring good angel deals.
This document promotes private lending as a way to achieve financial freedom and retire from a corporate job. It discusses how private lenders can generate significant cash flow by borrowing money at lower rates and lending it out at higher rates, keeping the spread as profit. It encourages contacting the company to learn more about how to get started in private lending using other people's money with hard money loans, low fees, and leverage to build a portfolio without needing good credit. The goal is to understand the "secrets of private lending" and learn to "be the bank" to achieve wealth and the life of one's dreams.
Our ENTIRE magazine for FREE!!!! Why? Because it's our mission to help you GROW your wealth with real estate, just as we have. Our magazine was created by investors for investors, come learn from the best investors in the industry!
This document provides information about real estate investment opportunities through an organization called Real Estate Investors Store. It profiles Dr. Frederick Tingley, an experienced real estate investor and coach who works with the organization. The document advertises opportunities to learn from Dr. Tingley and start building a real estate investing portfolio by acquiring rental properties that provide positive cash flow. Contact information is provided to learn more.
Carolina Docu-mentors, LLC is a company located in Harrisburg, North Carolina that provides home and property inventory services to help clients be prepared in the event of catastrophic events like fires, floods, or break-ins. They inventory all of a client's personal possessions in a written and photographic portfolio to give to insurance companies or police after a loss. Carolina Docu-mentors believes that having a thorough inventory of one's possessions provides peace of mind by ensuring clients know exactly what they own and are adequately covered by insurance.
Reaching Investors, Entrepreneurs and Real Estate Providers around the Globe, Realty411 & Real Estate Wealth magazine is a free print and online resource guide developed to assist investors in the acquisition, management and growth of their real estate portfolios.
The magazine, which features two different covers, each focusing on alternate marketing strategies, is published by investors who own properties around the nation. The publishers have been landlords since 1993. Our company also owns CashFlowCows.com and GreenBlasts.com and operate numerous blogs as well as many online social media groups.
Understanding and Making the Most of Business Angels (Alan Barell) connectestonia
The document discusses business angels and early stage financing. It provides an overview of different sources of financing including banks, venture capitalists, business angels, seed funds, and government grants. It describes the stages of investment from seed to expansion. The rest of the document focuses on engaging business angels, including how to impress them, find them, structure deals, and conduct due diligence. It emphasizes the importance of having a clear business model and plan to "show the money" to potential investors.
The document summarizes the services and support provided by Coldwell Banker Residential Brokerage to agents. It outlines various types of support including office support, technology tools, marketing and advertising assistance, education and training opportunities, and additional services to help agents succeed. The document highlights Coldwell Banker's long history and national brand recognition as a benefit to agents.
This document provides a summary of the Realty Inside magazine, which covers topics related to real estate investing. It includes articles on IRA investing, tax liens, crowdfunding, mentors, tax strategies, probate investing, partnerships, and interviews with leaders in the real estate industry. The magazine aims to provide investors with education and resources to help them achieve financial freedom through real estate. It is published by Realty411 and contains advertisements for real estate investment properties, funds, and services.
This document discusses raising money from angel investors. It provides an overview of angel investors, including that there are over 260,000 individual angels and 155 angel groups in the US. Angel groups typically invest $19 billion per year in 55,000 deals, with 45% going to seed and early stage companies. The document then provides 7 practical tips for raising money from angels, such as managing the process like a sales campaign, the importance of an experienced attorney, differences between working with individual angels and angel groups, and considerations around convertible notes versus preferred stock.
This document provides an introduction to the report "Expectations & Market Realities in Real Estate 2011" which analyzes the commercial real estate market amid ongoing economic uncertainty. The report was produced through a partnership between Real Estate Research Corporation, Deloitte, and Real Capital Analytics. It examines risks and returns for real estate investors in the current environment and how capital markets, property sectors, and the economic outlook may impact the real estate industry in 2011 and beyond. The report aims to help investors balance risk and reward during this period of uncertainty.
The Carlton Group is an international real estate investment bank founded in 1991 specializing in investment sales, equity and debt placement, and commercial loan restructurings. They have completed over $80 billion in transactions, including $25 billion since the 2008 financial crisis. Carlton executes specialized strategies to raise capital and maximize proceeds for clients. Their advisory services include investment sales, equity and debt placement, hospitality advisory, loan sales, valuations, and loan restructurings. Carlton has a proven track record in large, complex deals around the world totaling billions of dollars.
HAPPY HOLIDAYS! Keller Williams Realty was named the best place to work in Atlanta and Minnesota. The publication discusses new technology helping agents save time and increase results. It also features success stories of agents growing their business and profit share trees.
Creating a Brand Identity for Wealth ManagementChappy_02
This document provides an overview of Constellation Wealth Advisors, a financial advisory firm that specializes in advising celebrities and athletes. It discusses the challenges athletes face with finances, common mistakes made, and how CWA aims to help clients build sustainable wealth through personalized strategies, sound investments, and comprehensive financial planning and advisory services. The goal is to help clients maximize earnings potential during their careers and maintain financial stability after retirement from sports.
This document discusses real estate investment opportunities in Florida for investors interested in short sales and bank-owned properties. It notes that Florida has a large number of foreclosures, presenting opportunities for investors. It promotes the services of Today Home Solutions, which helps investors navigate the market, limits risk, and achieves high returns. The company provides access to discounted properties and insider tips. New investors can expect to learn profit strategies that work in any market and make money faster than traditional real estate investment.
The Source for Real Estate Finance. A special supplement published by Realty411. This NEW Issue of Private Money411 features Randy Reiff, CEO of FirstKey Lending. Inside he reveals their innovative NEW program that makes 30-Year loans available to portfolio borrowers.
PLUS: Tim Herriage, Managing Director of B2R Finance; Leonard Rosen, from Pitbull Hard Money Conference, writes on Why Bankers Rule; as well as Insight from GCA Equity Partners
This document provides the staff listing and contact information for Realty411, a real estate investor magazine. It lists the publisher, realtor, marketing associates, vice president, business advisor, advertising staff, design director, editorial staff including writers and editors, contributors, web master, marketing team, and events staff. It provides the magazine's contact information and discloses that the information in the publication is for entertainment and informational purposes only and does not constitute investment or real estate advice. It encourages readers to seek professional advice before taking action.
Investors: Are you ready to explode your portfolio as quickly as possible? Do you want to skip decades of mistakes and mediocrity? Then detour your way to success by reading our newest Realty411 magazine today. In this enormous edition, readers can find fantastic resources to guide their REI business to higher levels. Whether you are new to real estate or you're an accredited investor, Realty411 can help you. Our publication has helped tens of thousands of investors across the nation since 2007.
Christian Yepez and Ruth Ortiz are real estate investors in Southern California known as the "Property Flip Pros." They credit their success to years of real estate education and having a team that helps find, fund, and complete deals. They make many offers on distressed properties and are able to profit from flipping homes month to month. The article provides tips from Yepez and Ortiz on how to find deals and make offers in the competitive Southern California real estate market.
Reaching Investors, Entrepreneurs and Real Estate Providers around the Globe, Realty411 & Real Estate Wealth magazine is a free print and online resource guide developed to assist investors in the acquisition, management and growth of their real estate portfolios.
The magazine, which features two different covers, each focusing on alternate marketing strategies, is published by investors who own properties around the nation. The publishers have been landlords since 1993. Our company also owns CashFlowCows.com and GreenBlasts.com and operate numerous blogs as well as many online social media groups. Google us for more information.
This document provides an overview of early stage capital opportunities in Georgia. It discusses the challenges of raising early capital in Atlanta compared to other tech hubs. It also outlines sources of early funding including angel investors, grants, and personal assets. Tips are provided on identifying angel investors, pitching to them, and structuring good angel deals.
This document promotes private lending as a way to achieve financial freedom and retire from a corporate job. It discusses how private lenders can generate significant cash flow by borrowing money at lower rates and lending it out at higher rates, keeping the spread as profit. It encourages contacting the company to learn more about how to get started in private lending using other people's money with hard money loans, low fees, and leverage to build a portfolio without needing good credit. The goal is to understand the "secrets of private lending" and learn to "be the bank" to achieve wealth and the life of one's dreams.
Our ENTIRE magazine for FREE!!!! Why? Because it's our mission to help you GROW your wealth with real estate, just as we have. Our magazine was created by investors for investors, come learn from the best investors in the industry!
This document provides information about real estate investment opportunities through an organization called Real Estate Investors Store. It profiles Dr. Frederick Tingley, an experienced real estate investor and coach who works with the organization. The document advertises opportunities to learn from Dr. Tingley and start building a real estate investing portfolio by acquiring rental properties that provide positive cash flow. Contact information is provided to learn more.
Carolina Docu-mentors, LLC is a company located in Harrisburg, North Carolina that provides home and property inventory services to help clients be prepared in the event of catastrophic events like fires, floods, or break-ins. They inventory all of a client's personal possessions in a written and photographic portfolio to give to insurance companies or police after a loss. Carolina Docu-mentors believes that having a thorough inventory of one's possessions provides peace of mind by ensuring clients know exactly what they own and are adequately covered by insurance.
Reaching Investors, Entrepreneurs and Real Estate Providers around the Globe, Realty411 & Real Estate Wealth magazine is a free print and online resource guide developed to assist investors in the acquisition, management and growth of their real estate portfolios.
The magazine, which features two different covers, each focusing on alternate marketing strategies, is published by investors who own properties around the nation. The publishers have been landlords since 1993. Our company also owns CashFlowCows.com and GreenBlasts.com and operate numerous blogs as well as many online social media groups.
Understanding and Making the Most of Business Angels (Alan Barell) connectestonia
The document discusses business angels and early stage financing. It provides an overview of different sources of financing including banks, venture capitalists, business angels, seed funds, and government grants. It describes the stages of investment from seed to expansion. The rest of the document focuses on engaging business angels, including how to impress them, find them, structure deals, and conduct due diligence. It emphasizes the importance of having a clear business model and plan to "show the money" to potential investors.
The document summarizes the services and support provided by Coldwell Banker Residential Brokerage to agents. It outlines various types of support including office support, technology tools, marketing and advertising assistance, education and training opportunities, and additional services to help agents succeed. The document highlights Coldwell Banker's long history and national brand recognition as a benefit to agents.
This document provides a summary of the Realty Inside magazine, which covers topics related to real estate investing. It includes articles on IRA investing, tax liens, crowdfunding, mentors, tax strategies, probate investing, partnerships, and interviews with leaders in the real estate industry. The magazine aims to provide investors with education and resources to help them achieve financial freedom through real estate. It is published by Realty411 and contains advertisements for real estate investment properties, funds, and services.
This document discusses raising money from angel investors. It provides an overview of angel investors, including that there are over 260,000 individual angels and 155 angel groups in the US. Angel groups typically invest $19 billion per year in 55,000 deals, with 45% going to seed and early stage companies. The document then provides 7 practical tips for raising money from angels, such as managing the process like a sales campaign, the importance of an experienced attorney, differences between working with individual angels and angel groups, and considerations around convertible notes versus preferred stock.
This document provides an introduction to the report "Expectations & Market Realities in Real Estate 2011" which analyzes the commercial real estate market amid ongoing economic uncertainty. The report was produced through a partnership between Real Estate Research Corporation, Deloitte, and Real Capital Analytics. It examines risks and returns for real estate investors in the current environment and how capital markets, property sectors, and the economic outlook may impact the real estate industry in 2011 and beyond. The report aims to help investors balance risk and reward during this period of uncertainty.
The Carlton Group is an international real estate investment bank founded in 1991 specializing in investment sales, equity and debt placement, and commercial loan restructurings. They have completed over $80 billion in transactions, including $25 billion since the 2008 financial crisis. Carlton executes specialized strategies to raise capital and maximize proceeds for clients. Their advisory services include investment sales, equity and debt placement, hospitality advisory, loan sales, valuations, and loan restructurings. Carlton has a proven track record in large, complex deals around the world totaling billions of dollars.
HAPPY HOLIDAYS! Keller Williams Realty was named the best place to work in Atlanta and Minnesota. The publication discusses new technology helping agents save time and increase results. It also features success stories of agents growing their business and profit share trees.
Creating a Brand Identity for Wealth ManagementChappy_02
This document provides an overview of Constellation Wealth Advisors, a financial advisory firm that specializes in advising celebrities and athletes. It discusses the challenges athletes face with finances, common mistakes made, and how CWA aims to help clients build sustainable wealth through personalized strategies, sound investments, and comprehensive financial planning and advisory services. The goal is to help clients maximize earnings potential during their careers and maintain financial stability after retirement from sports.
This document discusses real estate investment opportunities in Florida for investors interested in short sales and bank-owned properties. It notes that Florida has a large number of foreclosures, presenting opportunities for investors. It promotes the services of Today Home Solutions, which helps investors navigate the market, limits risk, and achieves high returns. The company provides access to discounted properties and insider tips. New investors can expect to learn profit strategies that work in any market and make money faster than traditional real estate investment.
The Source for Real Estate Finance. A special supplement published by Realty411. This NEW Issue of Private Money411 features Randy Reiff, CEO of FirstKey Lending. Inside he reveals their innovative NEW program that makes 30-Year loans available to portfolio borrowers.
PLUS: Tim Herriage, Managing Director of B2R Finance; Leonard Rosen, from Pitbull Hard Money Conference, writes on Why Bankers Rule; as well as Insight from GCA Equity Partners
Similar to Real Estate Wealth Magazine PART 2 (20)
This document provides the staff listing and contact information for Realty411, a real estate investor magazine. It lists the publisher, realtor, marketing associates, vice president, business advisor, advertising staff, design director, editorial staff including writers and editors, contributors, web master, marketing team, and events staff. It provides the magazine's contact information and discloses that the information in the publication is for entertainment and informational purposes only and does not constitute investment or real estate advice. It encourages readers to seek professional advice before taking action.
Investors: Are you ready to explode your portfolio as quickly as possible? Do you want to skip decades of mistakes and mediocrity? Then detour your way to success by reading our newest Realty411 magazine today. In this enormous edition, readers can find fantastic resources to guide their REI business to higher levels. Whether you are new to real estate or you're an accredited investor, Realty411 can help you. Our publication has helped tens of thousands of investors across the nation since 2007.
Celebrate our new Realty411 issue in Southern California. Now is the time to learn how to invest in real estate to hedge against this surging inflation. Learn techniques to increase your existing rental portfolio or discover how easy it is to begin one. Experienced educators and top leaders in the industry are here to teach our guests. Join us for an amazing day of learning and networking in Irvine, California. Brokers, discover how to grow your agency here as well. Register at: Realty411.com.
Sophisticated investors are always thinking ahead. One of the most important aspects of ensuring a successful business continues is Legacy Planning. To provide valuable tips and information on how to do just that, we reached out to Gene Guarino, founder of RAL Academy (Residential Assisted Living Academy), one of the most influential family-owned businesses in the REI industry. Be sure to read Gene's suggestions to ensure that the company you've worked hard to build continues for generations!
The document outlines an investing strategy called Infinite Banking Concept (IBC) that allows individuals to build wealth through leveraging their own debt and expenses. It profiles Brent Kesler, a chiropractor who used IBC to pay off $984,711 in debt in 39 months. The benefits of IBC are described as keeping money in the family, controlling cashflow, recapturing spent money, protecting assets from lawsuits, and building tax advantages.
Are you ready to take your portfolio to the next level? Or, perhaps you want to begin investing in real estate? Well regardless of where you are in experience, Realty411 can help you reach your investing goals. Be sure to join us for our virtual and, now, in-person events. This is the place to be for maximum education, networking and motivation.
Real estate investors, agents/brokers, lenders and service professionals be sure to pencil in Realty411's new "Ladies Who Rock Real Estate Conference" to be held Saturday, June 26th, starting at 9 am. This complimentary, online, co-educational summit will educate novice, as well as savvy investors, to make wise decisions for their portfolio, business, and overall life.
ALL ARE WELCOME TO ATTEND THIS FREE EDUCATIONAL EVENT.
DISCOVER REAL ESTATE INVESTING FROM A FEMALE PERSPECTIVE - THE LADIES OF REAL ESTATE ARE HERE TO HELP YOU TO INVEST PROPERLY
Real estate investors, agents/brokers, lenders and service professionals be sure to pencil in Realty411's new "Ladies Who Rock Real Estate Conference" to be held Saturday, June 26th, starting at 9 am. This complimentary, online, co-educational summit will educate novice, as well as savvy investors, to make wise decisions for their portfolio, business, and overall life.
ALL ARE WELCOME TO ATTEND THIS FREE EDUCATIONAL EVENT.
This issue focuses on the most timely topics of today, such as fix and flip rentals, how to market to the most motivated of sellers, probate leads, enhanced asset protection, plus a tribute to Geraldine Barry, an icon in Bay Area REI.
Realty411, the source for real estate news, just uploaded their brand new draft of REI Wealth Monthly. This unique and though-provoking publication reaches real estate investors, entrepreneurs, private lenders, wholesalers, real estate service providers, brokerages, real estate top-producing agents and more! Discover our latest issue. Normally, this issue sells for $45 annually, but we upload our draft issues up her on occasion so we can test it out and edit the publication on screen. ENJOY...
Join us in Marina del Rey, CA on November 17th to celebrate our NEW ISSUE! Learn new strategies and techniques that can take your life and investments to a new level. Network with our speakers during our Breakfast Mixer - PRIVATE MONEY HERE: http://realty411expo.com/events/marina-del-rey-ca/
Amazing connections, up-to-the minute news, and influential deal makers await YOU in the Technology Center of the World -- SILICON VALLEY.
Join us THIS SATURDAY and get Up Close & Personal with the TOP Leaders of the area and in the REI Industry at ZERO cost to you.
Some key topics that we will focus on include: Finance and Leverage, Tax Liens, Multifamily Growth with SYNDICATION, Single-Family Rentals, Vacation Home Ownership, Entrepreneurship, Multiple Streams of Income, Self-Directing Your Future, Business Lines of Credit, Creative Cashflow, & ALL THE PRIVATE MONEY YOU WILL EVER NEED!
Our recent schedule included events in THREE states, don't miss the opportunity to grow your business and leverage our massive network, creative and innovative resources, latest marketing techniques, and national media coverage, SEE YOU THERE:
>>> http://realty411expo.com/events/pleasanton-ca/
Get ready for a Superstar Rockstar REI Weekend!!! Our July events are hosting investors from around the nation and throughout California. In addition to complimentary admission, enjoy a breakfast mixer, plus a Funding Corner to meet private lenders.
We are also adding a preview of our pilot Property Pitch. Plus, bring flyers of your listings and deals for our 411 booth. Learn to look your best with tips from a TOP celebrity stylist, plus a fashion show showcasing So Cal's top designers: https://joom.ag/EG7Y
ATTENTION REALTY411 FANS: LEARN TO LEVERAGE AND GROW! Join us for our conference on Saturday, Feb. 10th, in Santa Clara to learn the latest on finding cash flow markets, flipping and finding deals, note investing, bitcoin and more!! Get access to the PRIVATE CAPITAL you need to leverage your portfolio or expand your business. WE HAVE MANY FUNDING SOURCES HERE!!! Complimentary networking mixer at 9 am. FREE EXPO - Priceless Experience. IT'S ON US - LET'S MAKE 2018 THE BEST!
The document announces an investor summit and expo hosted by Realty411 to be held on February 10, 2018 at the Biltmore Hotel & Suites in Santa Clara, California. The event will feature breakfast, networking opportunities, and presentations from various sponsors and real estate investors focused on strategies for growing wealth in the current market. Attendees can learn about upcoming real estate investment opportunities and connect with sponsors in the real estate and finance industries.
ENJOY SOUTHERN HOSPITALITY IN ATLANTA - Join us for our Complimentary Conference and learn the latest strategies, techniques and tips from active investors from around the nation, including throughout Georgia, PLUS: California, Florida, Michigan, Missouri, Nevada, Texas and more! Learn about Private Money, Local Deals, Out-of-State Opportunities, Private Capital, Business Expansion, Wholesaling, Tax Liens and More! #Realty411Atlanta > https://joom.ag/2BjL
It's time to Get Serious about your future and success! We are here to help you every step of the way in growing your portfolio and level of influence in the real estate arena. Be sure to download the leading magazine for real estate investors!
Join us in California for our Complimentary Real Estate Investor Expos. This is your chance to learn Creative Real Estate with some of the TOP educators in the country! Our goal is to expand real estate knowledge and help everyone build financial freedom through real estate.
Join us in Las Vegas, Nevada for our Complimentary Real Estate Investor's Expo and Breakfast Mixer. Here is your chance to learn Creative Real Estate with some of the TOP educators in the country!
This article discusses a new real estate crowdfunding platform called RealCap that focuses on self-storage properties. RealCap was founded by Tim Soto and Matt Schuberg to take advantage of the growing crowdfunding industry and provide investors with stable, cash flowing self-storage assets. Self-storage provides advantages over residential real estate like less competition and higher projected returns of 8-15% annually. The self-storage sector also remains undersupplied and performs well even during economic downturns as demand increases with more people moving and needing storage.
More from Realty411 Magazine for Real Estate Investors (20)
Discover Yeni Eyup Evleri 2, nestled among the rising values of Eyupsultan, offering the epitome of modern living in Istanbul.
With its spacious living areas, contemporary architecture, and meticulous details, Yeni Eyup Evleri 2 is poised to be the star of your happiest moments. Situated in the new favorite district of Eyupsultan, claim your spot and unlock the doors to a peaceful life alongside your loved ones. Nestled next to the historical and natural beauties of Eyupsultan, embrace the comfort of modern living and rediscover life.
Social Amenities:
Yeni Eyup 2 offers a life filled with joy with its green landscaping areas, gym, sauna, children’s play areas, café, outdoor pool, and basketball court. Reserve your place for unforgettable moments!
Reliable Structure:
With 1+1, 2+1, and 3+1 apartment options, Yeni Eyup Evleri 2 is designed with first-class materials and craftsmanship. The doors to a safe and comfortable life are here! Choose the option that suits you best and step into your dream home.
Project:
Yeni Eyup 2 is conveniently located, with Istanbul Airport just 26 minutes away, the Mecidiyeköy Metro Line 4 minutes away, and the Tram Stop 5 minutes away, making your life easier with its central location.
Location:
Your home is positioned in a privileged location, providing easy access to the city center, shopping malls, restaurants, schools, and other important places.
Yeni Eyup 2 offers 1+1, 2+1, and 3+1 apartment options designed to meet different needs. Find an option suitable for every lifestyle and open the doors to a comfortable life in your dream home.
https://listingturkey.com/property/yeni-eyup-evleri-2/
Rixos Tersane Istanbul Residences Brochure_May2024_ENG.pdfListing Turkey
Tersane Suites Residences is a luxurious real estate project located in the heart of Istanbul, next to the beautiful Golden Horn. This unique development offers hotel concept residences with Rixos management, making it the perfect choice for both homeowners and investors.
The Tersane Suites Residences offers a wide range of options, from studio apartments to spacious four-bedroom units, all designed to the highest standard. The suites are finished with high-quality materials and feature modern, open-plan living spaces, fully-equipped kitchens, and large balconies with stunning views of the city and sea.
One of the standout features of Tersane Suites Residences is the Rixos management, which provides a truly exclusive and upscale living experience. Residents will have access to a range of luxury amenities, including a fitness center, spa, and indoor and outdoor swimming pools. Plus, the on-site restaurants and cafes provide a taste of the local and international cuisine.
The Tersane Suites Residences also offers a great opportunity for investors, as it provides a rental guarantee program. This means that investors can enjoy a steady income stream, with the peace of mind that their property is being managed by a reputable and experienced team.
The location of Tersane Suites Residences is also unbeatable, with easy access to the city’s main transportation links and within close proximity to the historic center, making it the perfect base for exploring all that Istanbul has to offer.
Recent Trends Fueling The Surge in Farmhouse Demand in IndiaFarmland Bazaar
Embarking on the journey to acquire a farmhouse for sale is just the beginning; the real investment lies in crafting an environment that contributes to our mental and physical well-being while satisfying the soul. At Farmlandbazaar.com, India’s leading online marketplace dedicated to farm land, farmhouses, and agricultural lands, we understand the importance of transforming a humble farmland into a warm and inviting sanctuary. Let's explore the fundamental aspects that can elevate your farmhouse into a tranquil haven.
Rams Garden Bahcelievler - Istanbul - ListingTurkeyListing Turkey
Implemented by Rams Global in Bahcelievler, the Rams Garden Bahcelievler Apartments includes 796 residences of different types from 2+1 to 5+1.
Next to the project, which will have 33 thousand square meters of green area, there will be 42 thousand 300 square meters of woodland. There will also be a 210-meter-long pond in the landscape of the project. There are 94.5 square meters of green space per flat.
Rams Garden Bahcelievler Apartments, which has 8 times more green space than the average of Istanbul with its 33 thousand square meters of green area located within a total of 75 thousand square meters, offers various housing options from 2+1 to 5+1.RAMS Garden has brought a lifeline to the construction industry.
Rams Global, which has signed projects in many places from Dubai to Phuket and delivered more than 20 thousand residences, is now starting new projects in Istanbul.
Rams Garden Bahcelievler is located 9 minutes from Metroport AVM, 5 minutes from Marmara Forum AVM, 12 minutes from Kazlıçeşme beach, 9 minutes from Yıldız Technical University, 7 minutes from Istinye University, 9 minutes from Ramada Hotel and Medicana Hospital.
https://listingturkey.com/property/rams-garden-bahcelievler-apartments/
Serviced Apartment Ho Chi Minh For RentalGVRenting
GVRenting is the leading rental real estate company in Vietnam. We help you to find a serviced apartment for rent in Ho Chi Minh & Saigon. Discover our broad range of rental properties in Vietnam.
For more details https://gvrenting.com/
AVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing TurkeyListing Turkey
Looking for a new home in Istanbul? Look no further than Avrupa Konutlari Esentepe! Our beautifully designed homes provide the perfect blend of luxury and comfort, making them the perfect choice for anyone looking for a high-quality home in the city.
With a wide range of apartment types available, from 1+1 to 4+1, we have something to suit every need and budget. Each apartment is designed with attention to detail and features spacious and bright living areas, making them the perfect place to relax and unwind after a long day.
One of the things that sets Avrupa Konutlari Esentepe apart from other developments is our focus on creating a community that is both comfortable and convenient. Our homes are surrounded by lush green spaces, perfect for enjoying a peaceful stroll or having a picnic with friends and family. Additionally, our complex includes a variety of social and recreational amenities, such as swimming pools, sports fields, and playgrounds, making it easy for residents to stay active and socialize with their neighbors.
https://listingturkey.com/property/avrupa-konutlari-esentepe/
Keep Your Home Naturally Cool and Warm Out Change in Seasons
Vinra Construction is a private limited company registered under the ROC. The management has an experience of over 15 years of understanding the needs and delivering apt solutions to the end users We are providing turnkey solutions in construction fields. like Construction, Interior Designing Facility Management, Plantation Management, etc..
Vinra Construction Tech Enabled Company for Eco-Friendly Home Construction
Contact With Vinra for a Greener Future >>> Call us @ 888 4898 765
Sense Levent Kagithane Catalog - Listing TurkeyListing Turkey
Sense Levent offers a luxurious living experience in the heart of Istanbul’s vibrant Levent district.
This cutting-edge development seamlessly integrates modern design with natural elements, featuring live evergreen plants maintained by an advanced irrigation system, ensuring lush greenery year-round.
The building’s elegant ceramic balconies are both stylish and durable, enhancing the overall aesthetic and functionality. Residents can enjoy the 700m Sky Lounge, which provides breathtaking views of Istanbul and a perfect space to relax and unwind.
Sense Levent promotes a healthy and active lifestyle with a full gym, swimming pool, sauna, and steam room, all available in the building. The interiors are crafted with high-quality materials, ensuring a luxurious and inviting living space.
Designed with young professionals in mind, Sense Levent features 1+1 and 2+1 units with smart floor plans and balconies. The project promises high investment returns, with an expected annual return of 6.5-7%, significantly above Istanbul’s average ROI.
Located in the rapidly growing and highly desirable Levent area, the development benefits from ongoing urban regeneration projects. Its prime location offers proximity to shopping malls, municipal buildings, universities, and public transportation, adding immense value to your investment.
Early investors can take advantage of discounted units during the construction phase, with an expected capital appreciation of +45% USD upon completion. Property Turkey provides comprehensive rental management services, ensuring a seamless and profitable investment experience.
Additionally, robust legal support and significant tax advantages are available through Property Turkey’s licensed Real Estate Investment Fund. Levent is a dynamic urban hub, ideal for young professionals with its numerous corporate headquarters and shopping malls.
Sense Levent is more than just a residence; it’s a place where dreams and opportunities come to life. Contact us today to secure your place in this exclusive development and experience the best of Istanbul living. Sense Levent: Sense the Opportunity. Live the Dream.
https://listingturkey.com/property/sense-levent/
At Geomatrix, we Pride Ourselves on our Commitment to Superior Craftsmanship and client satisfaction. Our team Consists of Highly Qualified specialists including Architects, Engineers, project Managers, and skilled labourers who work seamlessly together to achieve ourclients' Objectives. Geomatrix is recognized as the Best Construction Company in Haldwani, Dedicated to bringing visions to life with unparalleled Expertise and Professionalism.
For more information visit:
https://geomatrix.co.in/
Presentation to Windust Meadows HOA Board of Directors June 4, 2024: Focus o...Joseph Lewis Aguirre
Presentation to Windust Meadows HOA Board of Directors June 4, 2024: Focus on Public Safety as Job #1, Engagement, Wealth of HOA, Branding, Communication, Culture, Civic Responsibility
The KA Housing - Catalogue - Listing TurkeyListing Turkey
Welcome to KA Housing, a distinguished real estate development nestled in the heart of Eyüpsultan, one of Istanbul’s most promising districts.
Just 10 minutes from the bustling city center, Eyüpsultan offers a serene escape with the convenience of urban living. The direct metro line ensures seamless connectivity to all parts of Istanbul, making it an ideal location for residents who seek both tranquility and vibrancy.
KA Housing boasts unparalleled accessibility, with proximity to Istanbul Airport only 30 minutes away, facilitating easy international travel. Effortless city access is guaranteed by direct metro and transportation links to Istanbul’s cultural and commercial hubs. Quick access to key metro lines connects you to every corner of the city within minutes, making commuting and exploring the city hassle-free.
The development offers luxurious living spaces with a range of unit layouts from 1+1 to 4+1, designed with meticulous attention to detail. Each unit features balconies or terraces, providing stunning vistas of Istanbul and enhancing the living experience. High-quality materials and superior craftsmanship ensure durability and elegance, while sound-proof insulation and high ceilings (2.95 m) offer comfort and sophistication.
Residents of KA Housing enjoy exclusive on-site amenities, including a state-of-the-art gym, outdoor swimming pool, yoga area, and walking paths. Entertainment options abound with a private cinema, children’s playground, and a variety of dining options including a café and restaurant. Security and convenience are paramount with 24/7 security, a dedicated carpark garage, and an IP intercom system.
KA Housing represents a prime investment opportunity with limited availability in a high-demand area, ensuring enduring value and potential for lucrative returns. Homes in this development provide exceptional value without compromising on quality, offering affordable luxury for discerning buyers. The construction is of the highest quality, built to the latest seismic and disaster resistance standards, ensuring safety and resilience.
The community and surroundings of KA Housing are enriched by close proximity to prestigious universities such as Haliç University, Bilgi University, and Istanbul Ticaret University, making it an ideal location for students and academics. The development is adjacent to the Alibeyköy stream leading into the Halic waters, offering serene natural escapes amidst lush greenery. Residents can enjoy the cultural richness of the area, surrounded by historical and cultural landmarks that blend leisure, nature, and culture seamlessly.
https://listingturkey.com/property/the-ka-housing/
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
1. Wealth
Real Estate
th
A ubl
eP
Sp is
ec he
ia rs
l E of
di Re
tio a
n f lty
ro 41
m 1
Vol. 1 • No. 1 • 2010
Maverick Investor Group
Serving the Needs of Accredited Investors - INSIDE: Information to Grow and Maintain Your Wealth
16 Words of Wisdom from
Masters of Real Estate 19 Maverick Investor Group
Reveals the Next BIG Thing 35 Bruce Norris Prepares for Annual
“I Survived Real Estate” Charity
2. << Table of Contents >>
7 Secrets from the Master! Charity Walk and Gala
Dave Lindahl shares his latest 37 Join the Ultimate Bus Tour
tips for Investing Success with MemphisInvest.com
9 No Drama in Dayton 39 Creative Financing Options
Triple Net Houses Helps with MMG Capital, LLC
Investors Profit without Issues 40 Philbin Capital Discovers
11 California Living with Deals in the Golden State
Tennessee Cash Flow 42 The Key to Success by Club
Mathew Owens, CPA, owner of Founder Sam Sadat
OCG Properties, explains why
he loves to invest out of state
14 Beware of the Investment
Vampires by RBS Homes
16 Dolf & Carter: A Master-
mind with Arizona Investors
19 Enjoy a Tropical Paradise
with Phenomenal Returns
photo: Sam Green
45 Buy Bigger and Better Deals
by Kathy Fettke
46 Alternative Economics™
Club Debuts in California
51 Stop the Gambling!
Mike Woo, a “Rich Dad, Poor
In search of their latest gem in Dad” protégé, advises clients
Nicaragua, Maverick Investor 52 Is Your Mortgage Underwa-
Group traveled the world ter? Perhaps a Short Pay Refi-
22 Investor Nation Shares their nance is the Answer
Blue-Chip Real Estate Strategy 55 Pay Off Your Rental House
2 5 G i n g e r M a c i a ’s T h r e e in Five Years with the Short
FREE Ways to find a Great Term Retirement Program
Wholesale Deal
27 Creative Real Es-
tate Techniques with
Educator Bill Gatten
28 Matt Malouf’s 10
Weeks to Massive,
Passive Cash Flow
30 A Visit with Sensei
at his 12 Rounds Club
35 Bruce Norris discusses the 57 Who’s On Your Team?
“I Survived Real Estate 2010” Insights by 360 Investments
3.
4.
5. California Trust Deed Investing
Not everyone has the time or expertise necessary to be full-time
real estate investor. But there’s still a way to take advantage of
the unbelievable opportunity at hand. Welcome to the world of
trust deed investing.
Savings accounts, CDs, and stocks have of dollars every month and demand 9% Return
offered dismal returns over the past continues to increase. We scrutinize 1st Trust Deeds Only
several years. The Norris Group’s trust
deed investments earn 9% return backed a trust deed is ever presented to our No Pooling
private money sources. 8-Year Term
real estate.
60-65% LTV
Since 1997, our experienced team of resources are helping investors clean Cash Flowing
experts has originated California trust
CA Properties
deed investments to private individuals,
Ideal for Retirement
accounts (including IRAs). Accounts (IRAs)
Experienced Team
DVD on trust deed investing.
Navigating the
prof itable world of
trust deed investing
with the help of one of
California’s leading
hard money lending
companies.
Call or visit our website
today for your
Free Book and DVD.
w w w.TNGtrustdeeds.com
951.780. 5856
California Depar tment of Real Estate, Real Estate Broker
Bruce Norris Financial Group Inc.
DBA The Norris Group
DRE License 01219911
6. Investors & Industry Leaders Share
an Evening of Glamour & Giving
The 3rd Annual “I Survived Real Estate 2010” will Raise Money for
Breast Cancer Research & Unite the Nation’s VIPs to Discuss Investing
by Lori Peebles for investor rights. For the past two years, event honors her courageous effort to fight
D
he has united real estate giants to discuss this disease and hopefully adds to the like-
oes “Shadow Inventory” really ex- the issues that matter, and most important- lihood of someday finding a cure.”
ist? What is the state of the REO ly, to exchange ideas that can help investors In addition to raising breast cancer
market? These are just some of do what they do best: rebuild communities awareness and funds for research, as well
the crucial questions to be and rejuvenate econo- as providing investors of all levels access
Bruce Norris with his wife & son.
tackled by real estate in- mies. to information, “I Survived Real Estate”
dustry experts on the eve- “The panel we’re has been instrumental in spotlighting the
ning of September 17. putting together can crucial role investors have in our nation’s
The Norris Group, speak about these issues economic infrastructure.
headed by Bruce Norris, from several differ- Norris explains: “This event gives a
a 30-year veteran known ent point of views and chance for investors to be seen in a different
among investors as the hopefully provide us light. We all know investors are often seen
“Nostradamus” of Cali- with some new as the “sharks”
fornia real estate, is once insights mov- Tommy Williams of the real estate
again organizing their an- ing forward,” i n d u s t r y. We
nual philanthropic event in Norris explains. take this night
Orange County. Some returning to show other
This black-tie affair guests, include: sectors that we,
is one of the most fash- Joseph Magdz- as investors,
ionable tickets in town, iarz, 2011 presi- play a signifi-
mixing charity, important dent for the Ap- cant role in the
trend updates, education, praisal Institute; solution side of
entertainment and industry networking. It Tommy Williams, 2008 president of the market.”
is always a sold-out gala, one that attracts the National Auctioneers Association; and Norris knows firsthand that real estate
the Who’s Who of real estate. Christopher Thornberg, principal of Bea- investors take great risks in a volatile mar-
When we attended last year, it was fasci- con Economics. ketplace. “With greater acceptance, their
nating to note that besides all the tuxedos, New guests are also being added. “We ideas have a better chance at being heard
satin dresses and crème brulées on fine chi- are very excited to have Sean O’Toole and being implemented,” he says.
na, some serious industry trends and alter- from Foreclosure Radar joining the panel The charity event was designed to give
native solutions were pre- this year to add his everyone, regardless of personal income,
Guests at the last year’s event.
sented in just a few hours. data-driven and in- an opportunity to participate.
It was an evening of edu- vestor-minded per- “By joining our walk team and raising
cation with a sophisticated, spective.” the money in their networks, attendees
entertaining twist, much like For Norris, the “I and sponsors can technically come free of
the man behind the event. Survived Real Es- charge,” Norris explains.
“The theme for ‘I Sur- tate” series is per- Sponsorship opportunities are also
vived Real Estate 2010’ sonal. This night is a available. Benefits for advertisers include
will again focus on trends, way of honoring his inclusion in all mailers to local, state and
solutions and have an added wife, his family, his national government officials, SEO op-
focus on the state of REOs,” Norris says. community and profession. timized website advertising, inclusion in
“With constantly changing government In the last two years, the fundraiser has mailers and flyers, plus event program
regulations, it’s been difficult for anyone in raised over $100,000 for the Susan G. and screen exposure. Each sponsor is also
the real estate business to build a sustain- Komen Foundation; these funds are used mentioned in video and radio segments that
able business model.” for breast cancer research. air before and after the event.
Norris, a 30-year veteran investor (from “My wife, Marsha, was diagnosed with For more information, please visit online:
rehabber to private lender) is a champion breast cancer more than 15 years ago. This www.ISurvived2010.com
Realty411Guide.com PAGE 35 • 2010 reWEALTHmag.com
7.
8. ALL ABOARD!
for The Ultimate Cash Flow Buying Tour
The Clothier family, from left to right:
Chris, Brett, Kent and Kent Sr.
M
ainstream reporters who
present real estate as
doom and gloom surely
haven’t been to Mem-
phis. The city, known as
the birthplace of rock ’n’ roll and the blues,
is bustling with industry activity — and
visitors aren’t just touring Graceland and
Beale Street, they’re leaving as bona fide
landlords. MemphisInvest.com & FortuneBuilders
Our editorial team was invited to attend
The Ultimate Cash Flowing Buying Tour Unite Investors from 18 States & 2 Countries
by MemphisInvest.com, a boutique, Mem-
phis-based brokerage catering to out-of- and Sell 29 Rental Homes in 2 Days!
state investors. by Linda Pliagas
The company, which serves more than
200 clients and manages more than 650 in- outstanding views and plump pillows. In- where we have our own personal invest-
vestment properties for them, joined forces vestors traveled from 18 states to attend, ments,” Chris says. The Clothiers person-
with the San Diego-based FortuneBuild- one couple arrived from Canada. ally own more than 100 rental homes in a
ers, Inc., (owned by Than Merrill and the Most of the attendees were investors handful of quality, long-term buy-and-hold
“Flip This House” team) and wanting to learn how to be- areas of Memphis.
together they organize one of come MemphisInvest.com Typical home prices range from $34,000
the largest property buying clients. Many were referrals to $85,000, rents average out be $850 per
events in the nation. from their existing client month. The city boasts high rents and low
“You’ll never see anything base, and some were repeat prices. But surprisingly, 48% of Memphis
quite like this,” promised customers. residents rent.
Kent Clothier Sr. during our “Our average client buys The Clothier family, who were formerly
telephone conversation a few four homes and refers us to in the grocery business, moved to Tennes-
months ago. Kent Sr. is found- all of their friends and fam- see because they saw such an opportunity
er of MemphisInvest.com. He ily,” says Chris Clothier, for long-term real estate investing and
takes the helm of the 18-team- director of sales and market- monthly cash flow.
member operation, which is ing. At the time, Kent Sr., Kent and Chris
managed by his three sons, MemphisInvest.com pro- were scattered about, working in different
Kent, Chris and Brett. vides clients with an option of either buy- real estate markets (Texas, Colorado and
In my six years as an out-of-state inves- ing a turn-key rental home or one that needs Florida). Memphis real estate brought the
tor, I had never attended a property buy- rehab. The company oversees the work for family together. It’s an additional perk for
ing tour. Plus, I repeatedly heard about the investors. Each property has a separate proud papa Clothier. “I’m the luckiest man
the benefits of the Memphis market from quote for the renovation included in its pro- in the world to have my sons working next
many sources. I thought, ‘What a perfect forma profile. If the rehab goes over bud- to me,” Kent Sr. told the crowd that day.
time to put on my reporter’s cap and go get get, it comes out of the company’s pocket. On the first day of the tour, the investors
the scoop.’ MemphisInvest.com caters to investors gathered to get educated on the local mar-
The Ultimate Cash Flow Buying Tour def- who are looking to buy in typical middle- ket, meet the Clothier family, and mingle
initely stood up to its name. Just being in a class areas. The company says they stay with JD Esajian from FortuneBuilders.
room filled with investors from around the away from crime-ridden pockets of the (The “Flip This House” team owns numer-
nation was electrifying. On the first day, the city, regardless of how the numbers may ous rentals in the area.)
event was held at a ballroom in the Hilton appear on paper.
Hotel, a circular 27-story glass beauty with “We only offer houses in the same areas Continued on pg. 58
Realty411Guide.com PAGE 37 • 2010 reWEALTHmag.com
9.
10. Seeking Financing Interview and article
by Lori Peebles
for Your Next Deal? We’re looking for current
value as opposed to future
This California-based private value. Loans that need to be
based on an ARV or higher
lending company offers creative appraisal value won’t typi-
financing solutions in all 50 states cally work for an asset-based
M
lender. However, we do have
clients who are rehabbers
MG Capital, LLC, compared to a bank. who own other free-and-clear
an asset-based lend- With MMG Capital, property, they then secure a
ing company, be- no income verifica- line of credit with us for the
lieves successful in- tion is needed nor is purpose of purchase and re-
vestors need to have credit score or sea- habbing more property.
Chris Gleason
skin in the game. soning taken much
For that reason, they still invest company into consideration. The allure of their program
funds alongside those of their investors Recently, our editorial team spent time is that underwriting guidelines are not
who supply the private money used in their reviewing some of the company’s pro- based on the borrower’s credit, income or
operation. grams, which include private lending, trust seasoning, which truly opens up the play-
Both company and client assets have deed investing and unique investing vehi- ing field for many more investors. In real
grown significantly since their formation in cles, which offer short-term liquidity and estate transactions, time is truly of the es-
2007. In fact, the compa-
ny’s principals have been
responsible for the man-
agement of assets valued MMG Capital Funds Creative
at more than $6 billion.
Although MMG Capi-
tal is only three years old,
Investors Across the Country
the principals have over
50 years of combined industry experience; safety backed by real estate. sence, and Gleason explains how their pro-
their expertise includes banking, private We then asked Gleason to give us and gram can help investors move confidently
equity transactions, development, secured our readers a better understanding of how on offers and close quickly on deals.
lending, land acquisitions and sales. their services can help leverage the as-
From an investor’s point of view, one of sets of their clients so they can grow their We take a very common sense approach
the most impressive features of the com- wealth more quickly. to lending. Asset-based lending has been
pany is that they lend on a national scale First, Gleason gives us a glimpse as to around for decades, but it was largely
— most “hard money” firms keep close to who their typical “hard money” lending abandoned by most firms during the boom
home and rarely venture off into faraway client might be and shares some of the cri- years because anybody who could fog a
markets. teria they look for when funding deals. mirror could get credit. Now we’ve ar-
“We’ll go to all 50 states,” says Chris rived back to an old school standard where
Gleason, managing director of MMG Capi- We see a very wide range of real prop- we’re lending realistic amounts against
tal, LLC. He explains further, “There are erty investors who are looking for capital, realistic values and realistically taking
a number of markets across the country all the way from the most sophisticated into account the kind of trouble that our
where we’ve found the types of deals that investor down to the beginner. The inves- marketplace is in. It’s really a plus and a
we look for, and they tend to be in higher tor who makes the best candidate for an minus for investors – only those who have
value areas with greater demand.” MMG Capital Loan is the investor with solid assets are able to obtain financing
Currently, the states where MMG is the at least moderate real estate investing ex- and “nothing down” scenarios don’t ex-
most active are California, Florida, New perience and a substantial balance sheet. ist anymore. But, for those who have the
York and Tennessee. MMG Capital is an asset-based lender, so net worth to support an asset-based loan,
The firm’s success stems from their rig- we’re really looking for two things: hard there’s very little competition for them and
orous lending practices, Gleason admits equity and net worth. We can be a great they can align themselves with a private
that only one deal out of 75 makes sense for financing partner for a real estate inves- lender like us who will provide them quick
them to lend on. However, since they are tor who is doing significant business and capital based on their current equity.
an asset-based lender most investors have already has some substance to their bal-
an easier time qualifying for an MMG loan ance sheet. Continued on pg. 61
Realty411Guide.com PAGE 39 • 2010 reWEALTHmag.com
11. Veteran Syndicator Discovers
Golden Opportunities in California
by Lori Peebles
W
oodson “Chip” Philbin be- come about in everyday affairs. Routine His angel investor continued to be in-
gan his career as a securi- business connections can turn into friend- volved in projects with Philbin and togeth-
ties broker, but he soon ships, which can then evolve into joint ven- er they built a solid portfolio.
left Wall Street tures. That was exactly the “With him as my partner, I developed
to sell “tangible” investments. case for Philbin. His career three single-tenant NNN leased commer-
Fast forward 23 years later, as a commercial mortgage cial buildings, all leased with terms of 15
the Sacramento-based lender broker opened the way for to 20 years, in which I placed fixed-rate
and mortgage broker now has joint ventures with his as- permanent financing right after completion
a successful career as a real es- sociates and clients. and occupancy by the tenants.”
tate syndicator. “I was referred to a well- Long-term buys may be his strategy of
Many professionals are lured heeled investor by Comer- choice, but make no mistake, cash flow to-
into the real estate industry ica Bank, who owned day is the goal when Philbin and his inves-
with a hope of one day purchas- a high tech company in tors acquire a property.
ing the very object they sell. At Santa Clara and needed His success record is impressive. “The
first, Philbin, CEO of Philbin to refinance his plant. I ar- cash flow from this small portfolio is
Chip Philbin
Capital, wasn’t focused on his ranged the loan and didn’t nearly $400,000 annually, plus I was able
own portfolio as much as those hear from him for about to finance out almost all of our entire cash
of his clients. He was initially attracted to four years,” he recalls. But then one day, investment, so we have very little cash left
the business as a commercial real estate opportunity knocked. in these deals.”
lender and mortgage broker because it “He called me in to discuss another refi- The massive passive cash flow has been
made financial sense in contrast to the high nance, this time a cash-out refinance. We a blessing, but Philbin admits it made him
volatility of the securities market. did some analysis on how much he should a bit complacent. For the past several years
“At one of my previous employers, the borrow and I arranged another loan for he’s been working primarily on his handi-
management started a real estate investment him. At that point we decided to become cap at the Northridge Golf Club in Fair
trust, got it listed on the American Stock partners and to purchase cash-flowing Oaks instead of pounding the pavement to
Exchange, and raised about $100,000,000 commercial and multifamily property.” procure new investors.
to do mortgage loans. They went through The new partners joined forces and But now that his primary angel investor
the hundred million in about five years,“ he funds, which led to the purchase of a 72- is retiring, Philbin is actively recruiting
recalls. “Here I learned that one of the main unit apartment complex in Chico, Calif., a new investor partners who are interested
objectives of those that manage REITS is property they still own today. in commercial investment opportunities in
to generate management fees and not nec- When questioned about his transition the Northern and Central California mar-
essarily safeguard their investors’ money.” from adviser to partner in his dealings with ketplace.
That experience, along with his experi- clients, Philbin replies: “People have a real The company prides itself in investing
ence as a stock broker and other stories need for trusted advisers who are experts funds into every deal alongside the partner.
similar to ENRON, made Philbin wary of in their given industry. If you have a high He believes in full disclosure, low manage-
paper assets. He explains: “Stocks have degree of integrity and put your clients and ment overhead, and welcomes partners who
limited true inherent asset value contrary to investors ahead of your own interests, then are relationship-oriented and are seeking
real estate, which is tangible.” opportunities will present themselves.” long-term, tax-sheltered passive income.
Philbin, who was busy arranging funding Although rehabbing tends to attract the While profits and returns are what inves-
for multimillion dollar deals his investors spotlight in real estate, Philbin shuns those tors strive for, Philbin stresses that build-
were securing, did not stay on the sidelines quick-turn deals and prefers to invest with ing long-term business relationships is the
for long. “I formed a partnership with ten a five to seven year minimum holding pe- most gratifying aspect of the real estate
people I knew, and we made a hard money riod. Because of his mortgage background, business.
loan to a small grocery store north of Sac- when possible, Philbin prefers to refinance “I really enjoy people and enjoy the real
ramento,” Chip says. He adds, “We loaned the asset after an initial holding period so estate business,” says the 29-year industry
the owner/operator about $1,000,000 at that investors can retrieve their initial down veteran.
11% for two years. I had $100,000 in this payment, leaving little or no cash in the deal
deal and my investors provided the rest.” and magnifying returns. Philbin is partial to For questions regarding commercial real
One of the benefits of working in real owning retail centers, single tenant NNNs, estate, contact Chip at (916) 961-6832 or
estate is the networking opportunities that multifamily and industrial properties. visit: www.PhilbinCapital.com
Realty411Guide.com PAGE 40 • 2010 reWEALTHmag.com
12. Real Estate Investments/Partnerships
“[Chip] is unique in that he has true professional understanding of all key
He has been very open in his communications and honest to a fault in
Gerald McIntyre - Partner
Chip Philbin 916-961-6832 wlphilbin@yahoo.com
Visit our website at www.philbincapital.com
Realty411Guide.com PAGE 41 • 2010 reWEALTHmag.com
13. Success and Happiness in Life
by Sam Sadat, founder of Los Angeles Real Estate Investors Club
A re you a creative person? When
was the last time you came up
with a creative idea? But why
be creative? Why challenge the rules and
perhaps even appear stupid to others? Be-
for a few more years,
but to benefit from it
maximally
new knowledge and
requires
applications. Remem-
later when he worked for the
Atari Corporation. Thanks
to his modern dance classes,
he was able to calculate how
much resolution of movement
cause creativity is the stuff of life. That is a ber how our lives have was needed in their video
big reason, but there are other more reasons changed since the 9/11? games.
to consider. Another reason is change. We Well, the business rules The real estate entrepreneur
all know the only constant in life is change, of engagement have Frank Morrow explains that
albeit we tend to resist change. (In fact, the also changed drasti- he got his entrepreneurial
only person I know who likes “change” is cally. Real estate has education while attending the
a wet baby.) taken the biggest blow, graduate school of business at
When things change, new information and as usual, our gov- Stanford. Although he took
emerges, which leads to a brand new set of ernment’s answer to every problem is more all the required courses in marketing, fi-
problems. It’s proven time and time again regulation. In contrast, I advocate educa- nance and accounting, he said. “I learned
that it’s no longer possible to solve today’s tion over regulation. But you can’t find more about business from a drawing course
problems with yesterday’s answers. So you that kind of knowledge in any accessible than anything else. My teacher taught us:
have a decision to make: You can either or even comprehensible fashion in our bu- ‘All art is a series of recoveries from the
complain about how difficult things have reaucratic system. first line. The hardest thing to do is to put
become or employ your creative juices to To obtain this kind of knowledge required down the first line. But you must.’ The
come up with new ideas, new solutions, for prosperity, you need to attend and net- same is true in business. You must act. A
work in real estate meetings lot of business school-types analyze things
and seminars. Venues such as to death and never get around to acting.
Socrates once said: our real estate club, Los Ange-
les Real Estate Investors Club
Perhaps more of them should take drawing
lessons.”
“An unexamined life (LAREIC), will provide you
with the new knowledge on
I believe your mindset is more important
than nuts and bolts. We have plenty of real
is not worth living.” how the game is being played
now. Once you know what’s
estate knowledge at our monthly meetings
and seminars to arm you with helpful tools
working in today’s market, to succeed in this market. But I challenge
and new paradigms. you’d be able to further develop your cre- your beliefs relative to success. Remem-
This economic turndown has vastly influ- ativity and capitalize on it more effectively. ber that unless you break with the old,
enced our lives in recent years. It has forced Without this new information, you’re lim- you won’t let in the new. In other words,
us to stop and examine our lives. Socrates ited to old solutions, which are ineffectual Light (education, abundance and love)
once said “an unexamined life is not worth in our fast-changing world. won’t come into your life until you show
living.” So, I think this recession may ulti- I believe there are ways to enhance your the courage to literally kick out Darkness
mately prove to be a good thing because we creative powers. Here are a couple of sug- (ignorance, scarcity and fear.)
are learning valuable lessons. What would gestions from two highly successful peo- So expand your horizons, step outside
make it even better is if we further examine ple. of what’s considered normal, break the
our spending habits and reasons why we Steven Jobs was asked why some people boundaries of what seems reasonable, and
tend to live beyond our means. This kind are more creative than others. He replied, act upon your knowledge. There’s never
of introspection is needed if we are to attain “Innovation is usually the result of con- been a more important time in our coun-
financial freedom ourselves and to save our nections of past experience, but if you try’s history (or the world for that matter),
great country from becoming another great have the same experiences as everybody than the present. What we do today will af-
civilization that was. else, you’re unlikely to look in a different fect humanity and shape our future destiny.
To affect positive change we needed an direction.” For example, in college, Jobs So, let’s make it a good one.
impetus and we got one, the Subprime took modern dance classes to meet women.
Meltdown, the biggest economic downturn What he didn’t realize was how much he Kindest regards,
since the Great Depression (or as I call it, learned about movement and perception Sam Sadat — sam@samsadat.com
the 9/11 of the business world). It is here in those classes, which came handy years Be sure to visit online: www.LAREIC.org
Realty411Guide.com PAGE 42 • 2010 reWEALTHmag.com
15. DPW helps investors create wealth through Real Estate Investments. We will show you how to become
a successful investor. We take away all the guess work because real estate investing should be effortless. We
will do everything we can to make sure our investors are taken care of and are educated on the entire process.
Our goal is to make real estate investment easy for the average investor through our various investment programs.
?
16. How to Get the
Bigger Better
by Kathy Fettke Deal
T rying to get
a good deal
in today’s market
individual investor
because the price tags
are much higher, but
can be frustrat- the deals are sweeter.
ing. It might mean For example, we just
making a hundred wrote down a $12.9
offers before you million FDIC loan to
get the one that $3 million on 27 al-
makes sense. And even if you most-finished water-front con-
have cash and will close “as dos in Portland. Investors will
is,” you still might lose out. make over 40% in one year.
Or you might end up with the This is truly the greatest
property and find out later you wealth transfer in history. Op-
paid too much or got stuck with portunities abound, and to-
a lemon. gether we can make it happen.
So how are the experienced Mistakes happen when inexpe-
investors getting deals with rienced people jump into some-
less effort? At Real Wealth Net- thing they don’t understand.
work, we have found the power That’s why so much wealth has
of numbers. Our teams buy in been lost over the past decade.
bulk directly from the bank. You don’t have to go it alone,
The banks love this because learn from the experts.
they can move more property Real Wealth Network brings
at once, even if it means slash- new and experienced investors
ing prices. In most cases, the together to share information
properties never make it to and learn from each other.
the open market before we’ve Our site has articles, videos,
hand-picked our favorites. It’s blogs, podcasts and downloads
tough for an individual to com- to help educate our members to
pete with a bulk purchase. make smart investing decisions
We also pool funds to pick during this once-in-a-lifetime
up almost-complete subdivi- opportunity.
sions or multi-family proper- For information, visit:
ties. Again, this is tough for the www.RealWealthNetwork.com
17. CashFlowCows.com Alternative Economics™
Sales and Referrals since 2006
- Se
CA nwide
Natio
in
Basedrvice
Club Launches in CA
C
by Linda Pliagas
alifornia is that owns a 112-unit apartment
Our Personal Team Can Help You one of the complex in Florida.
Start or Grow Your RE Portfolio most active Ritchie wholeheartedly
Sign Up Online for e-Mail Alerts! states for believes in the importance of
investors. Even during
Over $7 Million in Sales! this current economic
diversification and says others
feel the same way. “This breadth
We help clients every step of the way...
downturn, the state is of investment strategies attracts a
still a powerful economy much larger segment of my com-
We Even
Hel
You Manag p
in the global market. To munity,” he says. “Being built
e
After the
Sale! meet the demand for in- around Alternative Economics™,
vestor education, a new I am providing applicable eco-
investment club system nomic alternatives to help mem-
Owned by Linda Pliagas was recently launched bers develop their own personal
Her credentials include: in California by Roger system of financial growth.”
Landlord since 1994
Roger Ritchie Leads New Group
Licensed Real Estate
Sales Agent since 2000
Out-of-State Landlord
since 2004 - 5 States
Founder & Publisher of Ritchie, a Los Angeles-based real estate Through monthly meetings, Ritchie says
Realty411 since 2007 License # 01355569 investor and frequent club-circuit guest. CIEC will provide educational products
“I’m NEVER too Busy for YOU!” The Cerritos Investor Education Club, to educate investors about a broad range
310.994.1962 • pliagas@msn.com founded by Ritchie, however, goes way of investment vehicles, both locally and
beyond the typical real estate club. The nationally.
Sign Up for VIP Listings @ CashFlowCows.com financial education training is based on CIEC is now part of what makes up a
Alternative Economics™, a personal growing investor community known as the
system of financial growth education. It is National Strategic Investor Group (NSIG),
SAM GREEN Photography
designed to reveal hidden assets and apply whose clubs are based on the NSIC club
them to alternative investment strategies model.
using personal money rules that engage The NSIC is a company teaching invest-
Personal Photographic Artist four asset-acceleration principles, through ment and economic alternatives.
three financial growth stages. In addition to its readily applicable
Ritchie, who has regularly attended real financial education, NSIC provides
estate clubs for years, chose to align him- resources, products, services and oppor-
self with the National Strategic Investment tunities through local and virtual investor
Corporation (NSIC). His new club, the clubs.
Cerritos Investor Education Club (CIEC), Ritchie is excited about CIEC’s launch
is the first California chapter. Ritchie’s and he credits Hettema’s office with
“Take Care, Keep Smiling” goal is to form a club with diversified providing him with the tools needed for an
investment strategies to provide his mem- association to succeed.
bers with “alternative investment strate- “ Not only does NSIC provide me with
gies, not just real estate,” he says. all the resources to start and manage
Ritchie has spent a lot of time and my club, but the NSIC model shows me
resources in developing his investment exactly how to successfully establish my
game plan. He is a David Lindahl graduate club step by step.”
and also learns through the Joel Block’s To learn more about NSIC, visit online
* Headshots * Portraits * Personal Photo Shoots
syndication system. It is at Block’s event www.ciec.nsicgroup.com and download
* Boudoir Photo Shoots * Private Parties * Special
Occasions * Red Carpet Events * Children * Pets where he met NSIC founder, Steve Het- the free Alternative Economics™ e-book.
tema. Ritchie is also a member of All For information about CIEC, contact:
(310) 947-6261
Sam@SamGreenPhotography.com Cities Network, a collection of networking Roger Ritchie, Club Leader of the Cerritos
www.SamGreenPhotography.com groups. Currently, Ritchie is managing Investor Education Club, (714) 793-3167,
www.facebook.com/SamTheManGreen partner of an investment syndication group roger.ritchie@nsicgrouop.com
Realty411Guide.com PAGE 46 • 2010 reWEALTHmag.com
18. Triple Net Houses, pg. 9
They pay no expenses. If they News about Julian’s NNN
finance the house for example model has spread quickly large-
at 5.5% or 6%, you’re going to ly through referrals and online
get that spread using the bank’s connections. “We have a blog,
money. If you buy a house for we do webinars, we do confer-
$60,000 and you put down ences just like your magazine.”
20%, $12,000 on the $48,000 Now that Julian has estab-
you’re borrowing, you’re going lished his NNN presence in
to make 3.5% but that’s not us- the investment market, his new
ing any of your money. You’re goal is to expand conserva-
not making 3.5%; you’re mak- tively. He explains: “We want
ing an infinite return. It’s the to grow fiscally responsibly.
bank’s money. Now you’re go- This year we’d like to do about
ing to get 9.1% on the balance, 120 houses, about 10 a month.
“This year we’d like to do about
120 houses, about 10 a month.”
for a total return of 17%.” We’re not quite at that target
Obviously, a lot of planning but we’re real close. It’s grow-
went into Julian’s investing ing in the right direction. Next
modes. His personal experi- year we’d like to do 150 to 160
ence as an investor started in houses.”
1975, and he’s been a real es- As they continue to grow
tate broker since 1979. Born in and prosper, Julian expressed
New York City, he moved to his thoughts about expand-
Dayton with his parents while ing to other locations or cities.
he was in high school. He later “In another year or so we plan
attended Wright State Univer- to move to Cincinnati, which
sity. Julian has been married would be the logical city. It is
for 36 years. His wife is a re- about 50 miles south of us with
tired public librarian who still similar demographics.”
substitutes when needed. They In real estate investing, slow
have one son, Paul, who is 26 and steady wins the race, and
and is trained as a chemical en- Triple Net Houses would win
gineer. the Innovative Risk Reduction
“But guess what?” Julian Award if they were to establish
asks, and proudly replies: “He’s one in our industry.
working for us now as an op-
eration’s manager. It’s a family For more information, please
affair.” visit ww.TripleNetHouses.com
Realty411Guide.com PAGE 47 • 2010 reWEALTHmag.com
22. M
any Investors gamble to invest, Woo says he bases his compa- the CEO of ER Real Estate Investments.
their financial future ny’s approach on solid, factual data. “Our Reynolds purchased her first rental at age
and retirement dreams team constantly seeks out markets that 24 for $10,000 cash. Since then, she has
on capital appreciation. can weather the storm based on strong job been involved in numerous transactions
Michael Woo, chairman growth and economic or population expan- and she is also currently an out-of-state in-
of Longfin Investment Solutions, thinks sion.” vestor. Reynolds enjoys assisting others in
that is unwise. “It’s time to get paid month- Woo began his career as a real estate also maximizing their potential through the
ly instead of gambling on a 20-year pay investor in 1995. Before eBay was ever in purchase of passive income real estate.
out,” he says. the picture, Woo sold and marketed collect- “My core belief is that real estate creates
As chairman of Longfin Investment Solu- ible toys as a way to raise capital for his wealth, and wealth is effectively amassed
tions (LFI), Woo created a turn-key invest- first investment. In two years, Woo raised through real estate acquisitions,” she says.
Stop The Gambling!
Why Bet on Future Appreciation When You Can CASH FLOW Today?by Lori Peebles
ment system for investors who seek cash $50,000, a down payment for his very first Both Woo and Reynolds have great na-
flow in emerging markets. “Our properties property. Since then, Woo has been in- tional resources accumulated from years of
are totally rehabbed, with existing property volved in hundreds of transactions. personal relationships, which they pass on
management, and often His skills in to their clients. They also have established
already have renters in Mike Woo with “Rich Dad, Poor Dad” the industry did relationships with private equity lenders
place,” Woo says. “Our founders, Robert and Kim Kiyosaki not go unnoticed. for financing. “Lending is not a problem
average NOI (Net Op- In February, Woo for LFI and we do not want financing to be
erating Income) rate of was honored as the reason you do not take action toward
return is between 25% the recipient of investing,” says Woo.
to 36% ROI (Return Rich Dad edu- LFI also created an affiliate marketing
on Investment) with cation’s Hall of partner program, which offers profit shar-
10% to 12% cap rates. F a m e Aw a r d , ing.
Erica Reynolds
Why wait for tomor- presented by Reynolds ex-
row when you can cash “Rich Dad Poor plains, “Being a
flow today?” Dad” author marketing partner is
An avid fisherman, Robert Kiyosaki. a great way to join
Woo, who is a native Woo was hon- the team and partici-
of Southern California ored for his role pate on many great
and graduated from Torrance High School in increasing financial intelligence. In ad- deals. As a market-
and San Diego State University, named the dition, he was acknowledged for dedicat- ing partner, we offer
company Longfin to commemorate a fish- ing his time to helping others improve their great referral fees,
erman’s special name for the albacore. own lives. equity partnerships
“Albacores are renowned by sportsmen all “We teach real estate investing funda- and other benefits.”
over. They are a much sought-after game mentals, including having the right mind- Lately, Woo and Reynolds have been
fish with attributes of being fast-moving set and goals,” Woo explains. “We want to busier than ever attending many network-
hunters that operate together to achieve make each investor a better person and ex- ing events and also hosting their “Stop
goals,” he explains. tend their investment dreams further than the Gambling” seminars for the public in
Woo’s individualism also positively im- they could have ever imagined.” Southern and Northern California. LFI is
pacts his investment philosophy. In addition, Woo says they teach inves- also organizing investment road trips to In-
For example, while many investment bro- tors to understand demographics, locations, dianapolis, one of their target markets.
kerages only deal with one specific type cash flow and ROI.
of property, such as single-family homes, Recently, Woo expanded LFI and added To learn about the “Stop the Gambling”
Woo’s investment strategy is to find deals a dynamic partner: Erica Reynolds. She educational seminars, contact Longfin
across the entire market spectrum. has been appointed as vice president and Investment Solutions at: (949) 388-0678.
Instead of letting headlines predict where marketing partner. Additionally, she is also Visit LFI at: www.longfininvestments.com
Realty411Guide.com PAGE 51 • 2010 reWEALTHmag.com
23. Short Pay
Refinance
The Solution for Homeowners who
have Underwater Mortgages
by Shahid Habib and Ketan Naran
H
Shahid Ketan
omeowners all
across the U.S. are
feeling stressed
out due to a decline in the
value of their homes and
the fact that they now owe
the bank more than their
property is worth. However, up-front fees to homeowners. It
there is hope through an option offers a solution for both banks
known as short pay refinance, as well as for the homeowners.
which is a great solution for The homeowners get to keep
them, if they qualify. their home with a lower princi-
According to a report pub- pal balance and lower monthly
lished in May 2010 by First mortgage payments more in
American CoreLogic, a real es- line with the current value of
tate information company based their home, and the banks get a
in Santa Ana, Calif., “more than chance to “clean-up” their bal-
11.2 million, or 24% of all resi- ance sheet by getting a property
dential properties with mort- completely off their books.
gages were in negative equity Banks are becoming more
at the end of the first quarter willing to accept a short pay
of 2010.” Out of that number, refinance especially if the bor-
in California alone, more than rower is current on their mort-
2.4 million homes, or one third gage but is experiencing some
of all mortgages, have negative type of short-term financial
equity. difficulty or the interest rate on
The underwater mortgages the borrower’s current loan is
and negative equity pose a about to increase.
roadblock to a housing recov- A short pay refinance also
ery because the underwater provides the bank with an infu-
mortgages are more likely to sion of “cash,” which increases
fall into default leading to a po- their ability to invest in other
tential foreclosure by the bank. opportunities or to lend out.
Most banks have already been Banks are in the “lending”
taking big losses on foreclosure business and not the real estate
and short sale properties and business.
are considering other options Unlike a loan modification or
as well. a short sale, which sometimes
Short Pay Access, a company requires a borrower to be delin-
based in San Ramon, Calif., quent on their mortgage pay-
is able to help homeowners ments, the short pay refinance
anywhere in the U.S. through program follows standard lend-
the best short pay refinance ing guidelines and only works if
program available today. The the borrower has a clean recent
company does not charge any mortgage payment history.
24. 1. The mortgage needs to be their home with a new lender at
more than the current market
value of the home.
the current market value.
The Short Pay Access team
Do You Feel
2. Borrowers need to be current
on their mortgage – no late pay-
consists of experienced nego-
tiators who have carefully built Trapped by Your
ments.
3. The borrower’s credit score
working relationships with
lenders. The negotiating team Current Mortgage
must be 620 or better.
4. They must have verifiable
is well versed in the lender’s
requirements and preferences and the Loss of
Your Home's Value?
income. and uses this experience to help
5. The prop-
erty must be
the borrower’s Let us help you
primary resi-
dence. 'Short Pay Refinance'
Short Pay a new option with
Access works
with the lender NO Upfront Fees!
in order to complete the short the homeowner without wast- (This is not a loan modification or a short sale)
pay refinance and gets the lend- ing any time dealing with un-
er to write off a portion of the knowns.
loan amount. A short pay refi-
nance gives homeowners the
ability to refinance their homes For more information, contact
at the fair market value. The Short Pay Access online at
process involves paying off the www.ShortPayAccess.com or
current lenders loan at fair mar- call (925) 309-6109 for a no
ket value and then refinancing obligation free consultation.
It could help you to
Keep your home
Lower your principal balance
Lower your monthly payment
Eliminate Negative Equity
ket to lawyers who specialize
in family law, estate planning
and probate. Also, don’t over-
look paralegals who can be a
wonderful source of leads.
#3: Your Target Zone: For
maximum success, farm your
area just as a REALTOR
would. Posting signs around
your farm area, as well as
displaying a clever advertise-
ment on your vehicle can lead
to success.
#2: Make Many, Many Offers!
Contact us today to
An aggressive investor should find out if you qualify
be making at least 10 offers a
day or 200 offers per month.
925-309-6109
How do you compare? Well,
then please don’t complain www. Short Pay Access .com
that you can’t land a deal!
Realty411Guide.com PAGE 53 • 2010 reWEALTHmag.com
25.
26. tional roadblocks, such investors annually, he says they can deliver
as the number of existing properties at deep discounts.
mortgages one has, or a Additionally, since Reedy knows that
lack of seasoned funds cash flow and built-in equity at purchase are
or less-than-stellar credit primary components of a great investment,
scores are simply non- he says they “are willing to leave enough
issues with their private profit in the deal for the client to have great
financing program. cash flow and success, which leads to re-
by Linda Pliagas & Lori Peebles So what’s the catch? A larger-than-normal turning clients and more business.”
downpayment for a residential purchase is To handle the management of his own
STOP! Before you purchase
that shiny, new luxury
vehicle — the one that’s going to plum-
required (30% to
50%), which is ac-
tually a percentage
rentals, as well as
Craig Jennings and Jim Reedy. t h e b u r g e o n i n g
empire of his cli-
met in value as soon as it’s driven off the that is common these ents, which now
lot — think about buying a rental income days in commercial number close to
property instead. real estate transac- 1,000 properties,
That’s right, for about the same price tag tions. The property Reedy relies on his
as a 2010 Mercedes-Benz M-Class (MSRP: is then paid off in 60 staff of 15, which
$45,700), an investor can purchase a rental months (amortized includes four full-
property in Memphis, Tenn, instead. Plus, in seven years). In time leasing agents
they can pay it off completely in five years the meantime, in- and numerous
— the same time as the car. vestors can expect a independent con-
This turbocharged investing structure, bit of monthly cash tractors.
Keep the Older Car|Buy a Rental Instead
coined the Short Term Retirement pro- flow to help them maintain the property. In 2008, Craig Jennings was recruited
gram, is marketed by Jim Reedy, CEO of It’s a bullish investing program offering to handle investor relations. Jennings es-
Memphis Investment Properties, LLC, a easy terms and, best of all, no restrictions. tablished himself with Reedy as a talented
full service real estate investment broker- When Reedy found out about the pro- wholesaler, often providing Reedy with
age and management company. gram, which was developed by Robert outstanding deals for his clients.
Memphis Investment Properties (www. Feol, a local real estate finance expert, he Shortly after, the team was joined by Curt
memphisinvestmentproperties.net), found- knew he wanted his company to have ex- Davis, who is now a leading sales execu-
ed in 1985 by Reedy and his wife, Debi, clusivity. Reedy says the program was so tive for the company. Together they field
is an exclusive provider for the Short Term good, he wanted to keep it all to himself. requests and answer questions from in-
Retirement (STR) program in the Memphis Real estate has been Reedy’s passion and vestors around the nation, and even from
metro area. focus for 34 years. He majored around the globe.
The team relaxes after a meeting.
The most in real estate at the University When asked where the majority of Mem-
enticing as- of Memphis and has been sell- phis Investment Properties’ clients come
pect of STR ing homes since his senior from, Reedy quickly replies that most of
is the speed year. their investors come from the West Coast,
in which an “I fell in love with real estate California in particular. The East Coast also
investor can during college,” he admits. brings in a lot of activity. Tennessee is also
have their “The sky was the limit.” gaining popularity with investors living
rental com- Reedy says that from per- outside of the United States, as well as with
pletely paid sonal experience he knows recent U.S. immigrants. Reedy says lately
off, which investing in real estate is more he is seeing “lots of foreign activity.”
then maxi- lucrative than working as a For Reedy and his team, real estate in-
mizes cash REALTOR®. His family cur- vesting is not just a business, it’s a lifestyle.
f l o w. T h e i r rently own and manage an In fact, his wife, Debi, is chief operation
program also offers tremendous flexibility, impressive personal portfolio of more than officer, and one of Reedy’s five children
enabling people who normally would not 300 single family rentals. is also a top producer in her market in the
be able to qualify for a property a chance Because Reedy and his team are active
to build wealth by owning rentals. Tradi- real estate investors, servicing hundreds of Continued on pg. 62
Realty411Guide.com PAGE 55 • 2010 reWEALTHmag.com
27.
28. by Crystal Han of 360 Investments™ | edited by Scott C. Seckel
Who’s On Your Team?
T
hese days with the current economic well-earned commission. available to your type of business.
and credit crisis, it’s not what you •A mortgage professional is essential. They •Get an insurance agent who will issue your
know, it’s who you know. 360 In- can be a direct lender, bank or mortgage policies for the best protective coverage in
vestments™ realizes that investing in real broker. Shop around until you find one who the state where you own real estate at the
estate is a team sport. That’s why we have can tackle creative ways to finance a deal. best prices. Always compare rates.
built local power teams in major cities Ask about their loan fees and programs. •A reliable general contractor will give
across the country. Having the right indus- It’s critical to find out about their qualifi- you work estimates and project bids. These
try professionals on your team will make cations, seasoning and percentage-down quotes are tools with great negotiating
all the difference in your investing success. requirements. power. Request a copy of their license and
Here is a list of important team members to These professionals can also lead you to check with the state board to make sure the
have on board: private and hard money sources. Always contractor is in good standing. Get plenty
•Get a mentor, with a proven track record, ask for a Good Faith Estimate (GFE) and of references and do not pay in advance.
who has successfully acquired the type of compare statements. Find out their average •Locate a certified property inspector who
real estate investments you want to have. time to fund and close a deal since time is will inspect your properties and provide a
money! detailed inspection report and photographs
•The right title, escrow or of their findings. The report can be used for
closing attorney, depending negotiating the purchase price. It can also
on the state, is your best be used as a walk-away clause.
friend. Interview several •Appraisers are priceless in this current
until you find one that un- market. They provide market values, com-
derstands unconventional parable sales, and draft up appraisal reports
ways to transact real estate on their findings. Please note, with the new
deals. Ask them if they are HVCC guidelines, lenders choose their
familiar with assignments, own appraisers when determining value for
double or simultaneous lending purposes.
closings. You want some- •Property managers and management com-
one who can draft up notes, panies are the key to long-term investing
deeds of trust or mortgages. success. Make sure to get lots of referenc-
Title representatives can es from other property owners. Review the
also provide you with ac- property management agreement carefully
cess to title reports, foreclo- and make sure you understand everything
sure listings, and farming clearly. Find out the management fee, ad-
packages made up of mail- vertising costs, service call fees, average
ing lists and labels for mar- turn-over costs, vacancy rates, eviction
keting purposes. rates, total number of units managed, num-
•You will need several at- ber of years in business, term of agreement,
Your local real estate investment associa- torneys on board, who specialize in differ- monthly statement schedule, online system
tion, abbreviated as REIA, may be a good ent areas. Engage an asset protection at- accessibility, and direct deposit options.
place to find a mentor. Make sure you con- torney who understands entity formation, a Always retain copies of lease agreements
tribute to your mentor if you are not pay- local real estate transactional attorney who with tenants. It’s your job to manage the
ing for their time to teach you and take you can review your contracts, and an estate property manager!
under their wing. planning attorney to pass your inheritance •Last, but certainly not least, get an ac-
•Find a REALTOR® who can give you in- on to your heirs without costly and time- countability partner and a local network of
formation about the local market. consuming probate proceedings. investors who will provide you with ongo-
A REALTOR® can provide you with •Real estate investments offer huge tax ing support and updated information on
comparable sales (COMPS), current mar- benefits. It is important to get a highly other industry professionals, the markets,
ket values, average days on market (DOM), qualified tax professional, a certified pub- and other investment opportunities.
appreciation/depreciation rates, and other lic accountant (CPA), or a tax attorney who Building a profitable real estate invest-
valuable information. Provide leads to your understands the tax codes. Choose a pro- ment portfolio takes a strong team, and
REALTOR® by sending potential clients fessional who also invests in real estate. more importantly, a great team leader who
their way and make sure they receive their They will know the maximum deductions selects the right team members!
Realty411Guide.com PAGE 57 • 2010 reWEALTHmag.com
29. The Ultimate Cash Flow Buying Tour, pg. 37
The Clothiers discussed their own per- about $350 monthly. very first day of the tour.
sonal story of their quest for passive income The elegant banquet room where the Kent Sr.’s luring promise that I would
and presented their research on the market. education took place was filled with many never see anything quite like this proved to
Then they introduced the members of their Californians like me, including a young be true. The action that was taken on that
team. After a brief networking break, they couple from Burbank who rented a rec- day was mind-blowing. A total of 29 homes
passed out a large, white sealed envelope reational vehicle and drove nearly 2,000 were sold, all sight unseen. I was captivated
with the information everyone was waiting miles to buy a property in Memphis. by the volume of deals done as well as the
for: The Deals. “We left on the Fourth of strategies they spoke about, such as their
Guests were more than July and plan on touring dif- guerilla-marketing leasing system.
eager and ready to buy a ferent cities for two weeks Here is the creative way they fill vacan-
cash flow property based after this,” Declan and Shaun cies: MemphisInvest.com hires multiple
on an address, a photo- Hoare said. The new investors leasing agents on commission to show and
graph and numbers. Most purchased a three-bedroom, rent out their client’s property. A total of
rental homes cash flowed two-bath brick home on the four signs are placed on the lawn, each with
Guests listen to Kent Sr. a different number, each reaching a distinct
agent. Competition is created. Each leasing
agent is on high alert: If they want to get
paid, they have to be the first to answer the
phone and show the property.
Another management technique that re-
ally stood out is the system they have of
calling their clients just to touch base. Once
a month, investors receive a status report,
even if there is nothing wrong with the
property.
“If a client has to call us to check on their
property, then we are not doing our job,”
Chris explained to the audience.
Our group saw their four-sign leasing
AUGUST SCHEDULE system on the second day of the tour. On
that day, we hit the road on two buses and
August 4, 2010 August 24, 2010 saw numerous sample properties.
6:30 to 8:30 pm 6:00 to 8:00 pm We saw houses in all states of renovation,
Pasadena Library Valencia Library from the stinky and messy to the shiny and
285 E. Walnut St. 23743 West
Pasadena, CA 91101
fresh. The rehabbed homes featured hard-
Valencia Blvd.
Valencia, CA 91355 wood floors, soothing earth-tone colors,
August 5, 2010 new tile and new countertops. The quality
6:00 to 8:00 pm August 25, 2010 of their remodel is a testament to Kent Sr.’s
Torrance Library 6:30 to 9:00 pm perfectionism and attention to detail.
3301 Torrance Blvd. LA Real Estate After attending the tour, it became clear
Torrance, CA 90503 Investors Club that I was in the middle of one of the best
Beverly Hills
August 10, 2010
investing markets in the country, and in the
Country Club
5:30 to 7:30 pm 3084 Motor Ave. presence of industry leaders. If your goal is
Angela Iacobini Los Angeles, to purchase a quality rental in a burgeoning
Library CA 90064 market and have it managed by a proactive
4900 Clark Ave. and creative team, then be sure to pencil in
Lakewood, the next The Ultimate Cash Flow Buying
CA 90712 Tour on your calendar.
Don’t Miss the Next Tour
* September 24 & 25 *
Space is Limited, Reserve Early
1-877-773-9998 or 1-901-751-7191
http://www.MIBuyingTour.com
or http://www.MemphisInvest.com
Realty411Guide.com PAGE 58 • 2010 reWEALTHmag.com
30. A Visit to 12 Rounds, pg. 30 Secrets from Sensei, pg. 30
More recently, an out-of-town owner of #4: Attorneys and Paralegals: Be
a vacant home began to receive citations sure to market to lawyers who spe-
from the city due to the blighted condition cialize in family law, estate planning
of a property she owned. The woman no and probate. Also, don’t overlook
longer had a need for the home, which had paralegals who can be a wonderful
been broken into and vandalized. Instead source of leads.
of having to pay additional fines or incur
#3: Your Target Zone: For maximum
a large expense to fix the abandoned prop-
success, farm your area just as a
erty, she opted to sell “as-is” to Sensei at a
REALTOR® would. Posting signs
45% discount, and Sensei flipped the prop- around your farm area, as well as
erty using a double-close technique to a displaying a clever advertisement on
rehabber. Sensei used no money, no credit your vehicle, can lead to success. Expertise:
and no loans, just pure wholesaling. Retail
Yes, a profit (typically larger than most #2: Make Many, Many Offers! An ag- Foreclosures
real estate transactions) will be made for gressive investor should be making Short Sales
wholesaling a property as it should be. An at least 10 offers a day or 200 offers Agreement for Deeds
per month. How do you compare?
Apartments
Wholesaling #1: Piggyback Your Deals: Don’t be REOs
afraid to partner up and share your Auctions
“does not require deals with other wholesalers. The Subject-to
more wholesalers in your database, Lease Options
cash, credit or a the easier it is to share buyers and
sellers. Don’t be greedy and dishon-
license, which
6601 Owens Drive, Suite 245
est. Remember: Your reputation is
Pleasanton, CA 94588
more important than money. Once
equals NO RISK.” tarnished, it seldom can be restored. Tel: 925-460-8255
www.bestrealty-ca.com
investor is providing a creative solution to GreenBlasts.com
the owner of a distressed property and/or Millions of Opt-In eMails Available “Obstacles are the things we
the owner may be distressed. Having a dis- The Largest Industry Database is Here!
see when we take our eyes off
tressed situation creates an opportunity for 310.439.1145 | greenblasts@gmail.com
the investor to help and profit as well. Serving Companies Since 2007 our goals.” -Zig Ziglar
Sensei reminds his devotees that in to-
day’s flooded foreclosure market, whole-
saling is a service that is needed more than
ever. Sensei’s mindset of placing people
before profit is the philosophy he carries
with him when he approaches any deal and
in his own dealings with people.
“Help first,” he stresses, adding, “You
will be blessed with rewards later.”
Keep the Flame Burning!
Log On to Realty411’s VIP Network
FREE to Join * LIVE Chat Available
http://realty411guide.ning.com
Find Events, Deals, Friends & MORE
Questions? Call: 310.499.9545
Realty411Guide.com PAGE 59 • 2010 reWEALTHmag.com
31. David Lindahl, pg. 7 Knowing how to invest in apartments from taking advantage of the huge money-
without personally dealing with tenants is making potential that apartments hold.
them deals). I learned what they were look- essential to becoming a multimillionaire Misconception #1: Small investors
ing for in a property. And whenever I found investor. should start with single family homes be-
something in common among investors, I I never deal with tenants personally. I cause there’s less risk.
knew I was on my way to developing a sys- never personally fix leaky faucets. I don’t Apartments can be the safer way to get
tem for creating wealth with real estate. mow lawns. I turn all the landlord duties started. If your tenant moves out of a single
My first building was small three-unit over to management companies. A good family house, your property sits empty. The
flat. But it was a “profit snowball” that put management company makes you money mortgage isn’t going to stop until you find
everything in motion and would lead to an and should be viewed as an income genera- another tenant. However, if a tenant moves
avalanche of income. tor, not as an expense. out of an apartment complex, the income
Within six months I had nine proper- Today I control over 7,400 units. That’s continues to flow from other units.
ties. At the end of my first year, I owned 7,400 checks from tenants. My monthly Misconception #2: Apartments are more
11 small apartment buildings, giving me a cash flow is greater than what many people difficult and time-consuming than single-
positive cash flow of $9,700 per month. I make in a lifetime. family houses.
was motivated! But I almost never got started because Think of it this way… does buying a
of a few misconceptions that most newbie Porsche take exceedingly longer than buy-
Millionaires Are Not Landlords investors face. ing a Kia? No. It’s the same basic process.
It surprises some people when I say that With apartments, you use largely the same
my key to moving into the major leagues of 4 Misconceptions That Can methods as with single-family homes. And
real estate investing — what skyrocketed Cost You Millions where there are differences, I’ve developed
me from owning just a handful of small Some notions about investing in apart- systems that clearly spell out what needs to
buildings to controlling more than 300 ments are as outdated and flat-out wrong as be done and when.
properties — was my decision not to be a thinking the world is flat. Yet they continue Misconception #3: You need stellar per-
landlord. I would do no “hands-on” work. to hang on and stop thousands of investors sonal credit and high income to buy apart-