[TREIA North] Lease Options, Lease Purchase and Land Trusts with Andy Standen
ByAndy is a full time real estate investor and operates Searchlight Enterprises, LLC to handle his investing activities. He has personally rehabbed more than a dozen houses. His investment purchases have ranged from from $31,000 to $226,000 with repairs costs ranging $4000 to $60,000.
Andy uses real estate options as a major focus of his investing activities; both passive and active investments. Options are used to capture profits and to form partnerships while limiting market risk and liability exposure.
Andy also actively manages more than a dozen investment houses and provides financing and consulting services for investors on deals in Wake and surrounding counties including Cumberland.
Andy firmly believes in the need for ongoing education and regularly attends seminars and workshops to improve and develop his investing skills. He also offers mentoring services for new investors and assists experienced investors with deal structuring.
Before starting his real estate investing career, Andy earned his M.B.A. from The University of North Carolina Kenan-Flagler Business School (KFBS) in 2007 on a full tuition fellowship. At KFBS Andy concentrated in entrepreneurship with a focus on real estate finance.
TREIA North subgroup is facilitated by Jan Wynns and meets the Second Tuesday of each month at Perkins Restaurant, located near the intersection of Capital Blvd and the Beltline (I-440). We gather at 5:45 to order dinner, eat and network; meeting begins at 6:30. After dinner people stay for more interaction with other real estate investors and service providers. This group began in 2006, and was originally called the “Rehab Subgroup.” However over the years the group has diversified, and we not only discuss topics of interest to “rehabbers” but have expanded our programs to include such topics as Creative Financing, Lease Options/Lease Purchase, Tenant/Landlord Relations and Management, Using OPM to Fund Deals, Wholesaling and Using Your IRA to Invest in Real Estate (to name a few recent or upcoming topics). TREIA members are free; guests are always welcome and are $10.
Event Details
March 8th
5:45pm
Members: Free
Guests: $10
Location:
Perkins Restaurant
2657 Appliance Court
Raleigh, NC





