Beau Dawkins Speaks at TREIA North

September 14, 2010 meeting –

Beau Dawkins is our speaker. He is a long-time TREIA member (but not too long, I think he is only 33 years old!!) and has done an amazing job investing in real estate, amassing quite an impressive investment portfolio. He spoke at TREIA West last month and attracted a record crowd! I understand there are many who attended TREIA West who will be coming back to hear Beau again! There will be a brief meeting prior to Beau’s presentation to give more time for him and Q&A. See you there!

At a Glance

Beau Dawkins is the owner of Dawkins Properties, LLC and Carolina Commercial Management, LLC. He owns and operates roughly 150 apartments in the Raleigh area and a Car Wash Facility in Asheville, NC.  After finishing a Masters degree in Systems Engineering at NC State, he took a job with IBM.  While working at IBM, he began buying small apartment buildings as an alternative investment strategy to the stock market.  By 2005, he grew his real estate holdings to the point that allowed him to pursue real estate investing full time.  While Beau subscribes to the buy and hold approach to investing, he has also participated in numerous short sale pre-foreclosures, foreclosures, and rehabs.

Surviving The Cash Flow Game

Each day I wake up thinking of ways to drive cash flow from my investments.   I am constantly looking for opportunities to squeeze out cost and increase revenue.  This was driven into me from the beginning.  I have learned this business from a true real estate veteran. This man has not written any books and does not offer any boot camps.  For the last 35 years, he has been going about his business making millions upon millions in real estate.  He showed me early on that there are people who will make it in this business and there are people that don’t.  Those that make it, those that survive are almost guaranteed to amass wealth.  So what can we all do to constantly increase the odds that we end up on the winning side?

One Man’s Way

I don’t know all the ways to manage property to positive cash flow.  However, I do know some strategies that have worked for us.   This Tuesday night I will be glad to answer any questions that you have about managing your property better.  I am happy to share how we do things and how these proven systems help us get more done with less.  Topics can include:

• How to analyze a deal
• Sample deals
• Advertising
• Maintenance
• Evictions
• Application Screening
• Construction
• Repairs
• Property Management Software
• Keys
• Policies and Procedures

I have been extremely lucky to meet people willing to help me.  I hope I will be able to clearly pass on useful information to you.