Jun
16

New Investor Sub-Group Meeting

By

For 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.

Register Here!

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?

 

Note: A portion of TREIA receipts is used for lobbying efforts for/against laws that affect real estate investing. According to the Internal Revenue Code, lobbying and political campaign expenses that are paid with member dues are not deductible. Because of this, we must notify you as to what portion of your dues cannot be deducted as a business expense. In January of each year, you will be notified of the percentage of your dues that cannot be deducted.

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