Don’t miss the TREIA West meeting this Monday, May 21 at the Golden Corral on Highway 55 in Durham.  We have two speakers for the evening, that are a MUST SEE!

The first speaker is Scott Selig, Associate Vice President for Capital Assets and Real Estate at Duke University.  Scott is charged with developing the overall real estate strategy for space leased by Duke University and the Duke University Health System.  The portfolio managed by the Real Estate office contains more than 220 leases covering 2.5 million square feet of office, medical clinic, laboratory, and warehouse space.  Scott will be talking about the current and future plans for the Duke Real Estate office.  Scott has been a real estate broker, developer, and investor.

Our second speaker is Christine Ryan, Ombudsman, Office of the Commissioner for Small Business, NC Department of Commerce.  Christine has a wealth of information about resources that are available for the solo-preneur and small businesses, yes even real estate investors.  Come with your “Where do I find?” or your “Who should I contact?” questions.  Christine is a wealth of information.

And of course, third up, our Mystery Sizzle Speaker.

Networking will start at 6:00pm with the program starting at 6:30pm.  You must buy a delicious Golden Corral buffet (includes that chocolate waterfall dessert thing) to attend. 

Members are free

 Guests are $15  

Lost or forgotten name tag $3                                                                                              REGISTER HERE!

See you next Monday!

        Pete is an experienced real estate investor who has developed a program to take you through every step of the process of wholesaling, from finding deals, to talking to sellers, to getting the cash buyers.

Pete will detail his techniques in a full day workshop this Saturday, May 19th. If you heard him at the main meeting Tuesday night, you know you want to be there Saturday!

Pete will be teaching at Wake Tech, Western Wake Campus – Room 118, 3434 Kildaire Farm Rd., Cary, NC 27518 from 8:30 am to 4pm. Members $59, non-members $89. He will be giving out free gifts worth $450 to attendees. Registration is required! 

Click here to see Cap’t Pete’s latest video just for TREIA members.

—> Register Here for the Saturday Seminar <—

Want to know more? Keep reading . . .

Pete will also be offering his complete wholesaling course, a load of material you’ll need help carrying home, with everything from  recordings of him making deals with real sellers, to DVDs, to the actual forms to use, to personal sessions with him to help you – a $10,000+ value - to attendees only for $1,997. Come prepared to get everything you need to start wholesaling for big cash.

Below is a long list of the Wholesaling Secrets Pete will reveal Saturday . . .

• How To Wholesale Deals For Quick Cash
• What Areas To Target To Find Deals
• The Latest and Most Effective Marketing Methods To Get Killer Deals Today
• How To Leverage The Internet
• How To Get A Proof Of Funds Letter To Make Your Cash Offers
• How To Find Real Buyers and Qualify Them To Buy Your Deals
• How To Analyze Your Deals So You Know How Much To Offer
• How To Talk With Motivated Sellers
• The 7 Deadly Sins Of Wholesaling And Avoiding Them For Huge Profit
• How To Find Where The Cash Buyers Are Buying
• How To Find Out Who They Are
• How To Make Killer Wholesale Deals Using Just A $10 Option
• How To Boost Your IRA and College Savings Plan Through Wholesaling
• How To Avoid Getting A Bad Deal That Won’t Sell
• How To Create A Feeding Frenzy Of Buyers Who Want Your Wholesale Deals
• How To Wholesale Deals If You Have A Full Time Job
• Why You Need To Wholesale If You Are A Rehabber or Landlord
• Do I Need To Be A Real Estate Agent?
• The Types Of Paperwork To Use In Your Deals
• How To Estimate Repairs
• How To Know How Much A Property Will Be Worth After Renovation AND Why This Is so Important
• The Three Biggest Mistakes Wholesalers Make and How You Can Turn This into A Strength
• How To Get Leads For Free
• How To Make $10,000 In The Next 30 Days

 When You Attend You Will Receive The Following Free Gifts From Pete Worth $450:

1. Pete’s CD “The 7 Deadly Sins Of Wholesaling And How To Avoid Them For
   Huge Profit”; and
2. Pete’s Wholesale Buyer Questionnaire which guides you in building your buyers
   list with quality buyers ready, able and willing to buy your wholesale deals; and
3. Your Own Free Website for your wholesaling business.

Peter Gauthier Bio

Peter Gauthier is a Real Estate Rehab Investor and Wholesaler in the Washington, DC/Baltimore Area and began in the Real Estate business shortly after 9/11.  By profession, Pete is a commercial airline pilot flying Jumbo Jets to Europe, but his real passion lies in touching real peoples lives through his real estate activities.

Pete is know for his “Deal Buying” Foreclosure Bus Tours for local investors through his company where he frequently sells multiple wholesale deals in a single day!  Pete has had as many as 144 investors on three full size buses competing for his wholesale deals all at once!

Additionally, Pete has perfected the use of options in his business to control the real estate he wholesales using as little as $10,  and without taking on any credit or risk.  Pete’s Real Estate Attorney calls his techniques “Pure Genius”!

In addition to his direct Real Estate operations, Pete is the owner of FlippingHomes.com, the nation’s leading site on the internet for Real Estate Investors to congregate, network, and learn.

A National Speaker, Pete is regularly invited to make guest appearances at real estate investor clubs nationwide, and has made several guest appearances on WFED FM Talk Radio and has been interviewed in The Washington Post, other newspapers, and TV.

REGISTER HERE TO SEE PETE THIS SATURDAY!

 

New Investors Subgroup, join us if you are new,

or “new-ish” to Real Estate Investing!

This group is focused on the New Real Estate Investor.  There are many areas of real estate investing and this group will discuss the pros and cons of the many different areas therein.  This is a great networking opportunity and learning means to your start. 

                       May 17, 2012  6-9                                                             REGISTER HERE!

We’ll begin with dinner (provided) around 6 PM and move directly into your introductions and Q & A you may have about the General Meeting (it is our intention to have this group meeting on the Thursdays following the general meetings).

 This Sub-Group is for those members with less than a year or so exposure to Real Estate Investing.  It is not to replace the In-Depth Educational Opportunities you will be exposed to, for those are where you will receive the more advanced trainings you will need, without debate. 

 Around 7:30 to 8, we’ll go through a power point presentation on some basics of Real Estate and allow for all the questions you want to get in.

 This is all about you and your comfort from 6 to 9:45.  Please bring business cards to exchange and paper and pen to take notes.

NOTE:  Please register right away as the cost to attend goes up 24 hours prior to the event.

 PS…Yep, you read it, dinner is provided!

REGISTER HERE!

Wake Tech, Western Wake Campus – Room 118
3434 Kildaire Farm Rd.,Cary, NC27518

DATE: Thursday, May 17th
TIME : 6:00PM - 9:45PM

Cash Flow Game

         So come out and join us, I promise you will be glad you came.

                               Seats are limited so sign up now!

        All levels of experience welcome!              Event Leader: Brad Millon

HOPE CAFE                                REGISTER NOW!

                    May 12   1:00-4:00pm                                                                   

Attention Investors!

Have you completed atleast 5 Real Estate transactions? If so, you are qualified to join us at the Advanced Investors Sub Group.

The purpose of this group is for advanced investors who have completed a minimum of 5 real estate investment transactions to network; share information; ideas; and strategize on deal making.

The truth is, if you’ve completed 5 transactions, you’ve had extensive interaction in the business to get them completed, typically. With that said, this group is designed for those Investors that have advanced education and experience and able to actively contribute. However, this group is open to TREIA members only and admission to the group must be approved by the Advanced Investors Sub Group Leader, Andy Standen.

If you are interested in joining this dynamic group, and meet the above criteria, please email him at support@andybuys.com and he will send you the short application.

    May 9th                                                   REGISTER HERE!
Comfort Suites Arena
1200 Hurricane Alley Way at Trinity Rd          $10 – Members ONLY!
Raleigh, NC, US, 27607

Topics to include (BUT NOT LIMITED TO): Rehabbing, Private Money Lending, Wholesaling, Seller Financing, Lease Options, Subject To and other topics with an emphasis on the local market.

Meet other investors both new and seasoned, interested in the Northern end of the Triangle.

Mingle with other investors and learn about the different aspects of investing. ALL ARE WELCOME.   

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 

THIS MONTH’S TOPIC AT TREIA NORTH;

Making Sure You Have The Correct Insurance for your Situation.

Speaker: Eric Stevens with Moore & Johnson (an independent Insurance Company here in the Raleigh area).

Eric Stevens Bio
Eric is a Property and Liability insurance fanatic and loves sharing his knowledge about what he has learned in the insurance business with others. As a graduate ofMethodistUniversity’s Reeves School of Business with a concentration in professional golf management, Eric knew his future in business was going to be a career that involved playing an occasional round of golf and telling his wife that “No seriously honey, it is work”.  In 2009 Eric was named “Best Young Independent Insurance Agent” by the Independent Insurance Agents Association of North Carolina. This recognition meant a lot to Eric, as the award was voted on and selected by all independent insurance professionals throughout the state ofNorth   Carolina. Eric earned his Accredited Advisor in Insurance (AAI) and his Certified Insurance Counselor’s designation through the National Alliance in 2005 and 2006. He started his insurance career as an independent insurance agent atMooreand Johnson Agency in the fall of 2003 and has remained there ever since. Eric loves being an independent insurance agent or broker, as it provides him the opportunity to literally assist anyone with their risk management and insurance needs. Eric lives inRolesville,NCwith his three boys, ages nine, five and two and his lovely wife that is also an independent insurance agent atMooreand Johnson Agency.

We will be meeting in the front private dining room as Eric shares his information with us! Tribeca has a variety of options for dinners and prices range from approx. $10-$15. You can check out their menu here.

Location: TRIBECA TAVERN
6004 FALLS OF NEUSE RD
RALEIGH, NC 27609

Date: May 8

Time: 6:00-8:30 pm

FREE for all TREIA members

$15 for Guests

 REGISTER HERE!

This month, we welcome: Steve Huber, Mortgage Broker
Steve will speak about “Financing for Investors”, followed by a Q and A.

Licensed Mortgage Broker since 2003
Debt Counselor 2001-2003
Currently with Pinnacle Funding in Durham
“I am an active investor, so I’m focused on finding lenders who have investor friendly loans.”

               FREE for all TREIA MEMBERS/$15 for GUESTS
May 1 6:30-8:30                      REGISTER HERE!
Golden Corral -5707 DILLARD DRIVE CARY, NC 27511

Home Staging – From Stagnant to Sold

What makes the difference between a hard-to-sell listing, and one that appeals to the widest possible range of buyers? Staging! This concept is especially important in today’s market flooded with houses owned by motivated sellers, including the rising numbers of foreclosures. When it’s a buyer’s market and the competition is fierce, staging is one of the finest tools. This topic will be covered with visual slides and practical suggestions, followed by a Q&A to bring it “home” to your particular concerns.

REGISTER HERE for this Month’s WIRE at Biaggi’s April 25!

Come join us at TREIA West this coming Monday!
Our main speaker is Diane Reid, Director of the Chatham County Economic Development Corporation.Diane will be speaking about the Chatham County development plans and EDC accomplishments. Our second speaker will show you how to get a 2% rebate on your Home Depot day to day (non-large project) purchases. Our third speaker will explain how to draw up a site plan on your own. Purchased meal required.

April 23, 2012  6:30-8:30PM

REGISTER HERE!

The recovery keeps marching on, and we’re likely to see more of the same in coming months. What’s most reassuring about the statistics in the past six months is that they’re consistent; we’re not seeing jobs up one month, down the next, or car sales strong in January, weak in February. It’s a real recovery.   The big missing piece of the recovery, so far, is real estate, where there are 3 million fewer jobs than at the height of the boom. But that will change in the next year. Our Housing Demand index, which went into Contraction in mid-2006 and stayed there for 64 months, has finally switched to Expansion. The index is tied to hiring by single-family home builders, mainly small operators who are very sensitive to demand in their local market. I think we’ll see a strange housing market for the next couple of years, where foreclosures and vacancies continue at the same time as new construction grows rapidly.   The details of the March job figures confirm that business is picking up because consumers are buying again. Jobs increased 2 percent in manufacturing in the past year, including 8 percent in the auto industry. Jobs were up only 1 percent in retail, but 3 percent at restaurants and bars. Temporary jobs were up 9 percent and health care jobs 2.5 percent. The only main sector lagging behind was government, where jobs decreased 1 percent, largely at the local level.   The unemployment rate also ticked down to 8.2 percent and could easily be 7.5 percent in six months.

About the Author: Ingo Winzer is President of Local Market Monitor, and has analyzed real estate markets for more than 20 years. His views on real estate markets are often quoted in the national press and in 2005, he warned that many housing markets were dangerously over-priced. Previously, Ingo was a founder and Executive Vice President of First Research, an industry research company that was acquired by Dun and Bradstreet in March 2007. He is a graduate of MIT and holds an MBA in Finance from Boston University. He resides in Cambridge, Massachusetts.

Local Market Monitor – Local Capitalization Rates & Risk Premiums

Local Market Monitor is the only publisher of Local Capitalization Rates for residential properties.  Included in each market report are Local Capitalization Rates, Local Market Risk Premiums and national information on the Target Capitalization Rate.

How to act on the data:

The Local Market Risk Premium is used to help determine the market price of a residential property in view of the risk in the local market. The price of a property needs to be discounted sufficiently to produce a yield that includes the risk premium. If an investor might ordinarily expect a yield of 6 percent from a rental stream but the risk premium in that market is 2 percent for example, the price of the property must be discounted enough to achieve a yield of 8 percent.

The “market price” is often taken to be what a comparable property has recently sold for, but this assumes the previous sale was priced correctly. The “market”, especially in real estate, is often very bad at including the correct amount of risk in the price [as we saw with the real estate bubble]. Our risk premium is an objective way to incorporate that risk.  To learn more about Local Capitalization Rates and Local Market Risk Premiums, click here.