Monday, January 9, 2017

This Week Open Forum And REI Rehab Opportunities and Brainstorming. 


Hello Everyone,

This is the big week. This will be the week where we will have a moderated group forum that will consist of random topics. Due to the wide variety of topics, these are the types of meetings where most people will walk away with some great info. Landlording tips, buying, selling, rehabbing, wholesaling, negotiating, it’s all on the table for discussion.

We also plan to have a brainstorming session with the group regarding the REI rental rehab we are purchasing. Things we are juggling around are ways to get members trained in rehabbing to rental quality, how to on fixing their own units, what to do regarding paying members in our group that have particular skills to do one aspect or another. We will need a fair priced paid painter, carpenter, possibly a plumber, electrician, etc. We will also need someone to manage the project that should get paid to do so. As well as someone to be the property manager for all of the properties we buy in the end.

And we will need investors who want to cash out REI by giving REI of Virginia Inc a loan against the rehabbed and rented property with a first mortgage on it in your name to be a super safe investment. We will use that money to buy another and develop a portfolio that will continually have training opportunities, income opportunities for members and investment opportunities in the end. There will be no personal cosigner. The property will be your security. And the value of the property will be significantly more than what we borrow which will be no more than what we have in to it. We’re doing this by using tried and true methods that help eliminate risk. The same methods that we teach our membership.

If you are unable to attend the meeting but are interested in any of this than feel free to shoot me an email with your thoughts.

See those at the meeting that can attend! If you have questions about any aspect of investing, this meeting is the place to bring them.

2 comments:

Anonymous said...

I have a company that can do the rehab work. Looking to get on with investors and get some work.

Dallas ® on January 22, 2017 at 10:46 PM said...

Come out to the meeting and introduce yourself. Every Tuesday from 6:30pm to 8:00pm at Corned Beef & Co downtown Roanoke.

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