New Investor Sub-Group Meeting
ByFor all Newer Investors that come to TREIA Meetings, the overwhelming #1 Question always is – Where do I Start?
AC Johnson, TREIA current President and active member since 1997 bought his first property in SE Raleigh in 1988 and since has remained active in the business to date….during the best of times and the more challenging of times, yet keeps a-Goin’. Since 1999, he has had an opportunity to share his personal experiences and the basics of how to do Real Estate Investing with over 20,000 others in Real Estate Educational Environments.
On the 16th, for New Investors, we’ll do a 2.5 to 3 hour Training on the below listed topics; allow Q & A at the send of the session; and will have other Industry Professionals Present essential to the future of your Real Estate Business.
We will get into the basic nuts and bolts of: Where do I start?
Power Team?
Attorney
CPA/Book Keeper
Insurance Agent
Lender
Conventional
Private
Realtor
Or with Your Own Marketing for Distressed Owners?
How will I interact?
What will I say?
Buy and Hold as a Rental?
Where?
Why?
How do I find these areas?
Cash Flow
Buy, Fix and Sell?
Where?
Why?
How do I find these areas?
First Time Homebuyers
Or, do I just Control rather than Buy?
How?
Owner Finance
Lease Option
(SB1015)
(Due on Sale Clause-3years)
Subject 2
(Due on Sale Clause)
Why?
Who does this paperwork?
What do I Buy or Control?
Single Family?
Duplex to 4 – Family?
Mobile Homes?
Larger Multi-Family?
Or, do I just become a Private Money Lender?
Why?
How?
What will my ROI be?
What will my COC be?
Who handles the paperwork?
Be aware of the NC Safe Mortgage Licensing Act
Or, do I become a Wholeseller?
Why?
How?
Cash
Or
Terms
WS = Market
Take Phone Calls
Negotiate
Cash
Or
Terms
If Yes, Contract
If No, Send them to your Realtor
If Yes = Market
Take Phone Calls
Negotiate
Cash
Or
Terms
If Yes, Contract – Get Paid
If No, find out what will make it work
FAQ:
Do I have to have a Real Estate License to be a Real Estate Investor?
Do I have to put up Earnest Money when I go to contract?
If I put up Earnest Money and back out during my inspection period, do I lose my Earnest Money?
Do I have to put up Option Consideration Money?
Do I have to have money to be a Real Estate Investor?
Do I have to have any significant credit?
Can I do this Business in 4 hours per week and be successful?
Is Wholeselling where I should start?





