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Keep Your Name Good in the Real Estate Business

By Larry Harbolt on August 7, 2017
Larry Harbolt

Make Sure You Always Keep ALL Avenues of Communications Open If You Want to Keep Your Name Good In the Real Estate Business.

What an interesting thing to say.  Making sure you always stay in communication with everyone you have any type of financial obligations with. This is a subject that has caused much unneeded anxiety and stress that is totally not necessary if both people involved in every financial situation continually have open communications regardless of the status of the transaction they are involved in.

Over the years having been both a private Lender and a Landlord it has been my experience when life and unforeseen situations arise and the tenant or the borrower find themselves with a shortage of money to pay the obligations they originally agreed to pay, communications often stop. Somehow the tenant or borrower finds the money to pay for personal items such as their cell phone bill, their cable television bill, their car payment and eating out periodically or going out on the town.  Read More >>


Mayor Kasim Reed Blowing Smoke

By Russ Hiner on August 7, 2017
Russ Hiner

Mayor Kasim Reed is a short-sighted politician.  Thank goodness for term limits.

Mayor Kasim Reed says he is concerned about affordable housing. In a recent AJC article, Mayor Reed used terms like “predatory purchasing”. I believe this slanderous name calling only causes separation and stirs up animosity between the sellers and investor buyers. I am upset about this article where Mayor Reed said that investors are using predatory purchases to acquire houses and force the property values to go up, so there is no longer affordable housing in Atlanta.

If the city of Atlanta is going to point fingers they need to look at the predatory purchase of the surrounding land, which now houses the Falcons Stadium. My understanding is the city of Atlanta did threaten eminent domain in order to get that stadium in place. I did like the powers to be forcing that move though. Even if it will displace 30 properties of affordable housing. I think the Atlanta Mayor must have been referring to the investors that buy single family houses as predatory purchasers, not the commercial buyers. But that is another article.  Read More >>


How to Keep Your QuickBooks Data Safe

By Karen Bershad on August 7, 2017
Karen Bershad

You work hard to make sure your QuickBooks data is accurate. Make sure it’s safe, too.

Your QuickBooks company file contains some of the most sensitive information on your computer. You may have customers’ credit card numbers and employees’ Social Security numbers. An intruder who captured all that data could create tremendous problems for you and a lot of other people.

That’s probably the worst-case scenario. But other situations could also spell disaster for your business, which  involve losing your company data through fraud, hacking, or simple technical failures.

We can’t overstate the vital importance of protecting your QuickBooks company file, especially your customer and payroll information. Whether someone steals it or it’s inaccessible for another reason, it’s gone. Keeping your business going after such a loss would be very difficult – maybe even impossible.

Here’s what we suggest to prevent that.  Read More >>


How We Creatively Funded A Recent Deal

By Bill Cook on August 7, 2017
Bill Cook

How do seasoned real estate investors creatively fund their deals without going to a bank?  To show you one way, let’s look at a deal that Kim and I recently got funded using a private-money lender.

This deal began when Kim and I were high bidders at the December 3, 2013 property tax auction in Cartersville, Georgia.  We bought the tax deed on 50 Akin Drive for $2,800.  The purchase money came from our checking account and was used to pay up the property’s back taxes for tax years 2010, 2011, 2012 and 2013.  By the way, despite what the TV infomercial claims about buying tax deeds, as the high bidders, we only owned the tax deed, not the property

Over the next twelve months, either the property owners (who had abandoned the property) or their mortgage company had the right to buy back the property’s tax deed for our $2,800 purchase price, plus pay us a fee of 20% interest. Read More >>


Land Trusts! What You Need to Know to Get Started

By Tony Pearl on August 7, 2017
Tony Pearl

Land Trusts are one of the most confusing and often misunderstood aspects of real estate investing.

In this article, we’re going to discuss a few basic, essential things you should know about Land Trusts if you’re buying & selling houses, are concerned with privacy, and/or want to enhance your estate planning.

I'm often asked about these wonderful 'things' called Land Trusts, and the techniques & benefits that are associated with them.  As a land trust expert, it's an AMAZING feeling to have the knowledge & confidence to be able to use them correctly. Would you like to have that awesome feeling? Great! Keep reading...

There are SO many benefits you get by taking title to property in a Land Trust. Let's look at a few of the benefits associated with these entities and WHY it's vitally important for you to be familiar with them, shall we? 

Some Benefits of Owning Property in a Land Trust:

When To Use a Land Trust:

 Whenever you buy a house - whether it's for an investment or to live in, you'll want to buy it in a LAND TRUST. Why? Because of all the benefits listed above (in addition to all the other benefits I don’t have room to list here)!

Honestly, there's not a single reason I can think of on why you wouldn't want to buy in a trust.  Well, actually, there is - when you're getting an institutional loan (from a bank) to buy or refinance a property, they'll usually want you to close on it in your own name, because you have to personally sign for the note (that's one of the big ways the banks 'get' you).

But since you're not going to be going to the bank to get a loan, you don't have to worry about that, right?

The Main Entities You'll Need In Order To Form A Trust:

  1. The Grantor: The person/entity putting the property in trust (Usually the seller)
  2. The Grantee: The person/entity receiving the custody of the trust (Usually the Trustee)
  3. The Beneficiary: The person/entity who will have the BENEFIT of owning the Trust (Usually YOU or one of your entities)

You'll also need to pick a NAME for your Trust. This could be anything you want it to be. One popular naming strategy is to name the trust after the address of the property, and that's fine.  What you DON'T want to do is name it anything with your name in it, because one of your goals of owning a property in trust is anonymity!

The Trustee and the Beneficiary CANNOT be the same entity, or the trust is invalid.

In Order To Create a Trust, You'll Need:

  1. A DEED. This could either be a Warranty Deed to Trustee or a regular Deed (Warranty, General, or Special), just as long as that Deed names the TRUST, the TRUSTEE, and the date the trust was formed. The Legal Description also needs to be a part of it.
  2. A Trust Declaration. This is the document that sets the framework and names the parties, conditions, and powers of the various people/entities of the trust. Think of it as a set of instructions. It also stipulates who the beneficiary/ies is/are, what percentage of ownership he/she/they has/have, what the powers of the Trustee are, etc.
    NOTE: This is a PRIVATE Document that is NOT recorded!
  3. An Affidavit of Trust. This is a powerful piece of work, because it lets you show people that a trust exists, what the Trustee's powers are, and the basic/main information that the outside world needs to know - WITHOUT revealing any of the 'juicy details' of WHO owns the trust, etc!! I like to think of this like a receipt for something. This CAN be recorded with the deed.

Did You Know...?

Putting real estate into a trust converts it to Personal Property? Therefore, if you want to SELL (or Assign) your beneficial rights in a trust, you can do so without anyone in the outside world knowing about it?! All you'd need to do is create and execute a simple 'Assignment of Beneficial Interest' form and have it Notarized!  Let that sink in.

Naturally, there's a bit more to it than that. And there's still a lot to learn about all the wonderful details of how to properly form and use a land trust in your real estate investing business.

We've only scratched the surface here, so I encourage you to continue learning all you can about Land Trusts and how to leverage them for your maximum benefit.

I hope you've found this report/article to be informative.

Thanks for reading!

Until Next Time,

Tony Pearl

Read More >>


Coming Back Home… to Wholesaling!

By Frank Iglesias on August 7, 2017
Frank Iglesias

You have seen the infomercial… it goes like this…

There are a few variations on this theme, so allow me to share a different spin that I and a few colleagues of mine have explored.  It looks more like this…

So this is not exactly what we are doing since we are also doing new construction but remove the new builds from the equation and it is pretty close.  So what’s the deal?  Read More >>


Consistency

By Michael Vazquez on August 7, 2017
Michael Vazquez

Today after leaving a meeting I was approached by an investor that asked where I found my leads. I answered by giving him a few examples of where I received my most recent listings. By seeing the look on his face, I could tell that he didn't like my response. I think he believed I was holding out and not wanting to share or there was something special I was doing which was/is not the case.

Like this gentleman and probably like many of you, I once too believed there was a magic bullet/formula to successfully finding a lead in real estate or anything. After speaking with many "experts" I found out that there is no such thing as a magic bullet. In fact, the only thing that really separated a bad or good investor from a great one was/is consistency. The better question is, what should I do on a consistent basis to make me successful in real estate investing or anything else? Once you know what to do consistently, and you actually do it, you will be successful.  Read More >>


The HOT Atlanta Real Estate Market Stats Reflects That It Is Still A Seller's Market

By Deborah Harris on August 7, 2017
Deborah Harris

Atlanta continues to be one of the hottest real estate markets to rebound since the recession continuing through First Quarter 2017.  But, before we analyze the numbers, sellers must realize the following:

  1. Price and condition account for 80% of buyer interest and acceptance for any property therefore what needs to be done should be done to present your house in the best possible way.
  2. Nobody can dictate at what price your house will sell. The market will determine the price that buyers are willing to pay. When you price your house too low, the market will raise the price due to multiple offers over the price.
  3. Rather than using emotion, guesswork or assertions to arrive at your listing price, a good agent helps the Seller understand the real Atlanta market data, showing what actually happened to other sellers in the current market, as it reveals the most likely outcomes of pricing strategies for you. Using overall metro market statistics provides good agents with a large enough data set of real outcomes to feel comfortable that they will be likely to happen in future transactions, allowing us to take advantage of this knowledge to price your property to achieve your goals.

Read More >>


August Review: Quality Smart Lock System

By Don DeRosa on August 7, 2017
Don DeRosa

 “Preconceived notions are the locks on the door to wisdom.” ~ Mary Browne

There is none other than August that are doing Bluetooth locks to the caliber of quality like we've never experienced before. August Lock System is something that is worth it. It works best with a Schlage deadbolt or other high-end deadbolt lock. It faces the interior door, so it doesn’t add a level of security that is significant. It is a convenience for the homeowner if perhaps they aren't home and someone needs to attend to plants and pets.

The startup takes two steps to connect to a smartphone with the app pre-installed. The app does require a phone number and email. The subscription based security monitoring is worth it since the free subscription for the app is only as good as the deadbolt it is on.  Read More >>


Making Any Market Work For You

By Mark Jackson on August 7, 2017
Mark Jackson

When we are always confident that real estate comps are solid, we feel comfortable stepping out into any real estate deal. Using REIA Comps will give you a feeling of confidence and complete sense of control of the value for any deal you are doing.  Because things can be so busy these days, it is important to take the steps to make money on any project you pursue.  Learning to work with the highs and lows of any real estate market means longevity for you.

Most realtors do a good job but in a sellers’ market you can probably sell the property yourself.  Remember, nothing beats a failure but a try. If it doesn't sell then you can always call the pros in later. The internet has been a blessing to the average person.  There are multitudes of websites which could be used to market a property. Thousands of people visit those sites looking for a new home.  Even inexpensive ads on the internet are beneficial when trying to get a property in the sold column.   Read More >>


Change Your Investing Strategies with a Changing Economy and Real Estate Market with Bill & Dwan Twyford

By Savannah REIA on August 3, 2017
Thurs, Aug 14th at 6:30PM @ Homewood Suites Savannah
Savannah REIA – Aug 14th
Homewood Suites Savannah
5820 White Bluff Rd, Savannah, GA
Unlock The Secrets to Real Estate Investing Success in Today’s Changing Economy
with Bill & Dwan Twyford
Savannah REIA Members Can Attend for NO CHARGE.
First Time Guests NO Charge! RSVP On Meetup Now!

Bill & Dwan TwyfordWe are very excited to have national real estate experts Bill & Dwan Twyford, The Real Estate Rock Stars, right here in Savannah. Bill who started as a paint contractor, turned rehabber, turned flipper, turned Nationwide Real Estate Trainer and his wife Dwan who started as a broke, single mom that had been fired from Denny’s. She now heads up “The Investors Edge University” - A company that specializes in training new and seasoned investors in a wide range of real estate investing techniques through live workshops, weekly webinars, a member site, and seminars. Dwan, herself, has flipped over 2,000 deals so she is more than qualified to share her vast knowledge of real estate investing with us on Monday, August 14th at 6:30PM at the Savannah REIA Main Monthly Meeting.

Bill and Dwan are going to share how they've bought and sold over thousands of properties, Notes, Rehabs, Short Sales, and Wholesales and how you can do it, too! This will be a little taste of Bill's and his wife Dwan's upcoming Foreclosure Summit in Atlanta on Saturday & Sunday, August 26th & 27th.

You Will Learn:

  • How to find Real Estate for pennies on the dollar
  • How to turn YES’S into huge cash
  • How to get homeowners to say “yes”
  • How to get past pre-programed no’s in communication
  • How to build long-term wealth
  • How to classify the areas you work
  • And That's Not All...

Make plans to attend the Twyford’s presentation on Monday, August 14th to discover the golden nuggets of Secrets of Closing the Deal Bill and Dwan plan to share. They are flying in all the way from Denver, Colorado to be with our group. It is an honor and a privilege for us to have speakers of the Twyford's caliber so please RSVP today, let’s give them a great group, full of tons of energy, and make them feel welcome at the Savannah REIA Main Meeting.

If you want to learn how to grow your business exponentially, without the head and heart aches that could come along with it, please RSVP for Savannah REIA's Main Monthly Meeting,and join us on Monday, Aug 14 at 6:30PM!

Savannah REIA Members Please RSVP on Meetup.com
Savannah REIA Members Please RSVP on Meetup.com

As always, Savannah REIA Members can attend the event at no charge and First Time Guests no charge as well. Be sure to bring your business cards with you and join us for an evening of real estate deals, vendors, networking, education and fun! See you there!

See Savannah REIA Events Calendar for More Events!
Read More >>


Smart Home Technology Workshop for High Tech Rehabbers in Atlanta on August 19, 2017

By Savannah REIA on July 26, 2017
Sat, Aug. 19th at 9AM - Atlanta, GA
Smart Home
Technology Workshop
Learn How You Can Prepare Today's Rehab with Tomorrow's Technology
A Full Day Workshop with Don DeRosa
Sat, August 19th 9AM-6PM
Atlanta Area Location TBD

Don DeRosaAre you flipping houses? Why not make them "Smart" like a High Tech Rehabber?!?

Smart home technology is not a passing trend. As we rely more on mobile devices, different industries are creating ways to communicate with them. Imagine a home experience where the only remote you need is your smart phone. Turn lights on and off, monitor home security cameras, close or open window shades, or know what’s in the fridge, all from your phone.

Logistically this next step makes sense. The homeowner is the user in this case, and the user experience should be seamless and easy to use. Integrating existing tech, smart home components give the user faster access. In some cases, smart home technology eliminates the anxiety around leaving for long periods of time. A property may be unoccupied, but it takes no time out of your own schedule to create the illusion of a presence at that location.

Come see Don on August 19th at the Location TBD, and Don will share with you these techniques and more! Few companies offer a complete smart home system. There has been more user familiarity around individual components like Alexa by Amazon and the Ring System for home security. Don will teach you what the pros and cons are and what the estimated cost of it all can be.

Come To This Workshop and You Will Learn:

Don will go through comprehensive reviews, examining the pros and cons, of the following Smart Home applications::

It’s the small things in an average day made easier. These minor changes can improve your chances of selling faster. The best part is that many of these smart home options don’t need to be hard wired.

Don will give you practical tips with real life examples. Prepare to be fascinated and blown away by what today’s technology offers, and what tomorrow can bring! REGISTER NOW!!

Register Now!

PLEASE NOTE: Location and schedule subject to change. Pricing is per person. No refunds 5 days prior to event. Register before early registration expires to save big time!

See Savannah REIA Events Calendar for More Events!
Read More >>


Webinar with Bill Twyford on How to Close the Deal on July 26, 2017

By Savannah REIA on July 24, 2017
Wed, July 26th @ 7PM on GoToWebinar
Beginning Investors Group ONLINE
Closing The Deal, Golden Nuggets Revealed!

with Bill Twyford on July 26th
@ 7PM on GoToWebinar

No Charge to Attend for Members or Guests
Who Attend Online via GoToWebinar.com!

Bill TwyfordPlease be sure to join us at the Beginning Investors Group Online on Wednesday, July 26th at 7:00PM ET with Bill Twyford who will be teaching our members and guests about closing deals faster, better and easier than your competitors.

Bill Twyford, is also going to share how he has bought and sold over 1,000 deals by knowing what to say, when to say it and whom to say it to and how you can do it, too! This will be a little taste of Bill's and his wife Dwan's upcoming Foreclosure Summit in Atlanta on August 26th & 27th.

What You Will Learn from this Session:

Register Now!

Bill Twyford, The Real Estate Rock Star, started as a paint contractor, turned rehabber, turned flipper, turned Nationwide Real Estate Trainer. Bill considers education in today’s real estate market a priority for individuals and families as well as investors. He believes that integrity and accountability are paramount to maintaining a successful business. As author of the best-seller book, “How to Sell a House When It’s Worth Less Than the Mortgage", Bill has strived to help families in distress throughout his investing career. Bill believes that maintaining balance is important in everyone’s lives and strives to create a win/win/win situation in all of his business transactions.

Bill Twyford is funny, witty, and brings his “rock star” approach to life and will make an incredible impression to you on Wednesday July 26th on BIGO!

TO ATTEND ONLINE: 7:00PM Start Time. To attend the Beginning Investors Group Online via your PC, smart phone or tablet, Register Here for the Meeting on GoToWebinar.com and you will be emailed login instructions for the event.

Once you get your Webinar Confirmation Email, you can login on about 5-10 minutes prior to the 7PM start time to reserve a spot using your PC, Mac, Tablet or Smart Phone. You can download the GoToWebinar App here on iTunes App Store or the Google Play Store.

Register Now!
See Savannah REIA Events Calendar for More Events!
Read More >>


The Profit Newsletter July 2017 Edition

By Savannah REIA on July 10, 2017
Download The Profit Newsletter for July 2017 (PDF)
The July 2017 Edition of
The Profit is Available for Download!

The Profit Newsletter - July 2017The July 2017 Edition of The Profit Newsletter is now available for download. There are 50 pages this month full of upcoming meetings, workshops, educational articles and other valuable information for your real estate investing pleasure and success. Download it and check it out!

The Profit is Atlanta REIA's digital, interactive newsletter for serious real estate investors delivered as an Adobe PDF file to read on your PC, Mac, Smart Phone, iPad or other mobile ready devices. Many of the articles and ads in The Profit contain many hyperlinks you can click to get more information online! The high res version of The Profit is "print ready" for those who want to print the newsletter on their home or business printer.

Be sure to Subscribe to The Profit by Email or Subscribe to The Profit by Text so you don't miss a single issue.

Download The Profit Now!
High Quality PDF / Low Res PDF / The Profit Archives
See Savannah REIA Events Calendar for More Events!
Read More >>


The Strategy Behind Filthy Riches

By Larry Goins on July 10, 2017
Larry Goins

Everybody has driven by a house that has been on the market for what may seem like years. You know the house: there might be a broken window here or there, the grass hasn’t seen a lawnmower for the last few summers, and the property overall has the look of negligence.

It might seem ironic, but this is the dog with fleas property that Filthy Riches has based its success upon. We all know in today’s market, these unwanted houses are practically a dime a dozen. These properties are everywhere. They are located in nearly every state and likely even within easy driving distance for you. This is the type property that everyone else avoids – including real estate agents, if they can help it.

After all, who wants to be saddled with an ugly, dilapidated structure like this? There is little to no chance to move it off the market. Or the selling price is so low, the realtor’s commission is practically nonexistent. What realtor wants to put the time and effort into the small commission from selling a $25,000 home when the same energy could be spent selling a home with a selling price six times higher?  Read More >>


Leveraging Relationships to Expert Status

By Michael Vazquez on July 10, 2017
Michael Vazquez

I am sure you've heard the phrase “fake it till you make it” but I have never believed in this. I have found more success in being the real you. Even if it means that you don't know what you're doing in something you're looking to pursue. This belief continues to work to this day. As I mentioned before, I am in the process of immersing myself in commercial real estate (CRE) as a broker and investor.

I spent many hours learning from Google, YouTube and a few podcasts. I invested the time in learning more to insure this was something I am interested in doing. Just because a person likes residential real estate does not mean they will like commercial and vis-versa. Once I was certain I wanted to do CRE I started to reach out to practitioners and investors. Obviously, I picked the brains of those in my immediate network during social gatherings but I did not have serious conversations with them until I was committed. I make it a point not to waste people's time or my own because I learned, a long time ago, that time is too valuable.  Read More >>


Raising Private Capital - A Lesson Learned

By Russ Hiner on July 10, 2017
Russ Hiner

Sitting at the kitchen table there were three people, two sellers and the buyer.  I wanted to buy their house but did not have the $40,000 cash to do it… now. The presentation from my side went just like I had planned.  From the Seller’s prospective it was too good to be true. They were unfamiliar with investing in residential real estate. They did have other investments like a 401 K.  They let other people handle their investment accounts. They haven’t touched it or changed their investment direction in 20 years and they had lost money during the recession. When the 401K and investment statements came in the mail they never opened the envelopes to see what they had. What they had was HOPE! They had a mortgage and had owned two houses prior with a mortgage. They had never heard of private real estate investing and getting an interest rate as high as I was proposing.

What I wanted to do was to buy the house. The house had a first mortgage of $120,000 and equity of $40,000 for a total financing of $160,000.   I wanted to keep the first mortgage in place, have a $40,000 second and pay an interest rate of 8%. My exit strategy was to buy, fix and sell the property, just like they do on TV. It would be for one year, then I would sell the house and the mortgage would be paid off.  This method of financing was going to save me $16,600 in interest fees and costs. I could pay a higher price for the house with the owner financing. It would be a lower price if I paid all cash.  Read More >>


Four Critical Mistakes to Avoid with a Real Estate IRA

By Jim Hitt on July 10, 2017
Jim Hitt

A Real Estate IRA is a great opportunity. It’s freeing. It’s invigorating. It’s a thrilling way to potentially build up a major retirement nest egg so you can build wealth over the long term and enjoy the peace that comes with financial security. But that doesn’t mean it’s fool-proof, either. If you want to make the most out of a Self-Directed IRA in which you invest in real estate, you have to avoid some critical errors along the way. Here are four you need to be aware of:

Mistake #1: Not Hiring a Property Manager

Hiring a property manager is critical when you have a Real Estate IRA. Not only will it help take care of any problems with repairs, tenants, and other issues like that, but it will keep you from participating in a prohibited transaction since you are not allowed to provide services to your Real Estate IRA.  Read More >>


Setting Up Users in QuickBooks

By Karen Bershad on July 10, 2017
Karen Bershad

If you plan to have multiple employees using QuickBooks, you can limit their access to specific areas.

Controlling access to your QuickBooks company file is easy when you’re a one-person accounting department. You simply use one password to protect your data.

But when you add new employees to the mix, do you want them to have access to absolutely everything in QuickBooks? Probably not. You have confidence in your employees or you wouldn’t have hired them. But this isn’t solely a matter of trust. It’s just good business practice to restrict individuals to specific areas and responsibilities, no matter what the application.

That’s why QuickBooks has built-in tools to help you limit activity. Here’s how it works.  Read More >>


So! What Do YOU Do For a Living?

By Tony Pearl on July 10, 2017
Tony Pearl

“What do YOU do for a living?”

Those words can strike fear and paralysis in the hearts & minds of the tragically unprepared.  If you’re newly in business for yourself, or have just never really gotten your head properly wrapped around HOW you should respond to this powerful question, you’re sunk. Handle it the right way, and you’ll be rewarded with confidence, respect, and a fatter bank account.

And that’s exactly what we’re going to cover in this article. So shut off your Facebook & keep reading… 

It never fails. You’re out at a social event, taking a flight somewhere, or maybe you just strike up a casual conversation with someone somewhere sometime. If you’re both adults over the age of 25 or so, the question eventually comes up, “What do you do?”   Read More >>


Bigger Profits When You Buy a Short Sale and Retail the Home!

By Kimberlee Frank on July 10, 2017
Kimberlee Frank

When I am purchasing a property either for myself or with my student/partner, we determine which exit strategy is the best for both parties.  Knowing whether you want to wholesale a property for a small profit or rehab/retail it for a big profit is important.  Many investors start off with wholesaling the properties because they either don’t have a money lender or partner to help them rehab/retail the house and sell it for a bigger profit.  If this is you, then I believe you really should find a partner or money lender so you have more than one exit strategy.

When you purchase a short sale, some of the lenders will put a hold time for the new buyer requiring them to hold the property for 30, 60 or 90 days before they can resell the property for a profit.  In addition, they may tell you that you can only make a certain amount of money on the property if you sell it earlier than 90 days.   Holding doesn’t bother my student/partners or myself because we normally choose to rehab the property and retail it for a higher profit.  Read More >>


That Personal Touch: Touchnote App Review

By Don DeRosa on July 10, 2017
Don DeRosa

“I am thankful to all the souls, I meet in the journey of life.” ~ Lailah Gifty Akita

Touchnote App is a familiar app to many. It’s commonly used to create eCards for birthdays and holidays, as well as printing applications like greeting cards and framed photos. I have found a way to use this for my own needs that are unique to my business.

Using this app has freed up some of my time. How to gently and politely notify a homeowner that I have an interest in their home without knocking on the door and intruding on their routine. I’ve utilized the Touchnote App to reach out to these potential clients. I usually drive looking for vacant homes in particular. I just take a photo of the house and look up the homeowner’s address in the public tax records. I write a simple message explaining that I’m interested in buying the property. It’s so fast and takes the time and thought out of trying to reach out to these homeowners by phone or physically printing and paying postage on a postcard. The cost is $1.99, which is very reasonable. You can also reduce this price even more by buying in bulk, making the cost $1.50.  Read More >>


The Illusion of the Destination

By Jonathan Henrich on July 10, 2017
Jonathan Henrich

In this article, I want to discuss a simple way to develop peace within, while in the midst of the chaos that many of us live.

We spend our lives thinking that there is some end goal, some place where we can be that will finally bring total happiness. Then to get there we set crazy goals that consume most if not all our time.

You know the saying, “live like no one else today, so you can live like no one else tomorrow” a popular Dave Ramsey quote that is interesting to ponder. There is nothing wrong with dreams, setting goals, and hard work but the illusion that there is some destination, or some sanctuary that will save you is what I’m addressing here.  Read More >>


Using The Right Mailing Lists to Locate Motivated Sellers

By Kathy Kennebrook on July 10, 2017
Kathy Kennebrook

Implementing the right list and using the right letter when creating your direct mail campaigns to locate motivated sellers is crucial to your success as a Real Estate Investor. There are lots of different ways to find these lists and lots of different types of lists to choose from.

The easiest way I suggest to locate a list to use for mailings is to simply go to your property appraiser’s office or auditor’s office and have them create it for you. There are many different parameters you can use to create these lists.

Some of the lists you could create might be directed at out of town owners, deed transfers, zip codes ranges, sale dates, estates, evictions, delinquent taxes or pre-foreclosures. These can all be good lead sources for you to use to find motivated sellers and these are lists that I use in my business on a daily basis in addition to several others.  Read More >>


Knowing the Value of Your Property

By Mark Jackson on July 10, 2017
Mark Jackson

Making money investing in real estate begins with determining the actual value of the property. This is the most important out of the many factors in real estate. The price of the property is determined with real estate comparables or comps.  Being that this is the maximum amount a seller could expect to receive for a given property, it becomes the starting point for negotiations. This is where you, as a real estate investor, make your profit when you buy the property.  Mess up here and it could become difficult to make money on the deal or at the very least the ideal profit you had hoped for.

When researching a property, you begin by comparing your target property with those in the surrounding area.   Be sure you know the details of your property.  The square footage, beds/baths, year built and location of your property are important criteria for determining how closely these other properties match or compare to your subject property.  Read More >>


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