Tuesday, January 30, 2018

Two Topics This Week At The Real Estate Investors Of Virginia Meeting ~ 1.) Slumlord Millionaire Show 2.) Situational Awareness for Landlords and Rehabbers

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Hello Everyone,

This evening we will have 2 speakers. For the first 30 minutes Spanky Macher will tell the group about his new reality TV show Slumlord Millionaire.  https://www.facebook.com/theslumlordmillionaire/  

He’s going to fill us in on the details regarding where it currently stands. Spanky set up a booth at a national trade-show that had attendees who were buyers for both big and small networks as well as television station conglomerates. He got some great leads who were interested in the program and is well on his way to getting a signed contract. 

Our next speaker starting around 7pm will be Scott Leamon who is a certified crime prevention specialist through the Virginia Department of Criminal Justice Services. 

Scott is going to give us a presentation on crime Situational Awareness for landlords, Realtors and flippers. This includes preparing your properties to make them unattractive to criminals, early recognition of tenants, clients or individuals hanging around a property that could become hostile, etc. 

I have some landlord specific advice that I learned the hard way over the years that has kept me from getting into it with irate tenants several times that I will share. 

People who are down and out, for one reason or another, that are getting a 21/30 day notice, a 5 day pay or quit or an eviction can quickly become dangerous if the wrong things are done by you.

It’s going to be another fun meeting. Come on out and enjoy some time with educated, like minded people, who are experiencing the American Dream as successful entrepreneurs in our area. 

We’ll see you there!

Tuesday, January 23, 2018

We Love Money… This Week it’s About Getting It!

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Hello Everyone,

Going to be another fantastic meeting this week as we will be talking about the one topic that will do more than anything to take you and your company to the top. That is obtaining financing and wisely leveraging money so you can build wealth over time. Without all of the “creative” techniques that I have found to not work and for the most part be a complete waste of time. 

There is nothing better than an old school loan and commercial loan officers and mortgage brokers are the place to get them. They have the ability in many cases to not so much focus on your credit, but to look more at the deal you are bringing to the table. And weather or not that deal will end up hurting them if they have to take it back from you on a worst case scenario. 

Our special guest speaker will be Kevin Reeder of First Bank & Trust. Kevin is a commercial loan officer. He specializes in investment real estate and small business lending. Kevin works with many investors who hold portfolios of single-family and multi-family real estate. He helps them with purchases, refinances or lines of credit. 

Come on out to the meeting. Lets see what these guys can do. 

       ___________________________________

New Meeting Location for those who haven’t been this year. 

This is a reminder to everyone that we now have a new meeting location. Our meetings are still on Tuesdays at the same time, 6:30-8:00pm, now at Logans Roadhouse. 

     ___________________________________

2018 Membership ~ Time To Renew ~ Education Well Worth The Small $100 fee.

It’s time to renew membership for the 2018 calendar year. You can pay by Paypal below where it says click this link to sign up. If you don’t have money this minute don’t worry about it. We’re not going to put you out. Come on down and you can get it caught up soon. 


We’re still keeping Dues cheap for the upcoming 2018 year. 

As we’ve stated many times. We are all volunteers. There is NO person in this group that has ever been paid to do all the work we have to do to operate it. And that’s a part time job for a couple of us. We do not personally benefit for the work we do. We do it because we understand the importance of investors uniting together. If you take advantage of the membership you will make money as a result of being a member. You will also save money as a result of your membership. I can guarantee that.  And it will be significantly more than the cost of membership. 

Dues Value OVER $25,000 for a year of educational meetings every single week. If you base the cost on the minimum charge for education that most of the gurus charge for their 1 on 1 training. REI of Virginia is full of gurus. Investors that have made millions in real estate. Investors that are happy to show you the ropes and lead you the right direction towards the path of your own financial freedom. Our Educational meetings will make you rich if you follow what is said. But we don’t charge $25,000 like the other gurus. We ONLY charge $100. I don’t care how tight you are. You may be as tight as me with my money. I think you can handle that for the value you get. 

If you haven’t signed up yet, you can pay at the next upcoming meeting by check or cash. Or you can sign up with your credit card or debit card via clicking the Paypal link below or above. BTW, Real estate education is tax deductible! 

But please don’t ask me or other members of our group to help you through your real estate investment problems with questions throughout the year without at least signing up and paying our dues. YOU CAN’T EXPECT ME OR ANY OTHER MEMBER OF OUR GROUP TO HELP YOU IF YOU DON’T CARE TO HELP OUR CAUSE!  $100 is nothing. You don’t need to attend the meetings to pay the dues. If you want the support of our group, you have to do the minimum of being a paid member. 

Monday, January 15, 2018

Learn About Real Estate Titles and the Closing Process This Week at REI

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Hello Everyone,

Real Estate Investors of Virginia has, since it’s inception in 2012, been focused on real estate education. This week we have another awesome educational meeting lined up by Yvonne. 

Our discussion this week will be about the legal aspects that an investor needs to know, regarding real estate titles, when purchasing an investment property. Our guest speaker will be Kathi Anderson of Acquisition Title and Settlement Agency. 

There are several different things that can cause a real estate deal to fall apart at the closing table. Buyers or sellers changing their mind, ownership issues, undisclosed mortgages that someone forgot about, unknown judgements / liens are among a few of many things that can  either cloud a title causing additional negotiation or prevent the purchase of the property all together. 

Kathi has been doing title work for many years and is going to cover the closing process and all of the reasons she has seen over the years that have ended up preventing the sale of the property. We will also have a discussion of what can be done in each of these situations to get around the issue and continue with the sale. 

It’s going to be a fantastic meeting, as many are, so cancel any plans you may have, and schedule the REI of Virginia meeting into your calendar as your permanent Tuesday evening entertainment. 

We’ll see you there!

___________________________________

New Meeting Location for those who haven’t been this year. 

This is a reminder to everyone that we now have a new meeting location. Our meetings are still on Tuesdays at the same time, 6:30-8:00pm, now at Logans Roadhouse. 

     ___________________________________

2018 Membership ~ Time To Renew ~ Education Well Worth The Small $100 fee.

It’s time to renew membership for the 2018 calander year. You can pay by Paypal below where it says click this link to sign up. Thank You!


We’re still keeping Dues cheap for the upcoming 2018 year. 

As we’ve stated many times. We are all volunteers. There is NO person in this group that has ever been paid to do all the work we have to do to operate it. And that’s a part time job for a couple of us. We do not personally benefit for the work we do. We do it because we understand the importance of investors uniting together. If you take advantage of the membership you will make money as a result of being a member. You will also save money as a result of your membership. I can guarantee that.  And it will be significantly more than the cost of membership. 

Dues Value OVER $25,000 for a year of educational meetings every single week. If you base the cost on the minimum charge for education that most of the gurus charge for their 1 on 1 training. REI of Virginia is full of gurus. Investors that have made millions in real estate. Investors that are happy to show you the ropes and lead you the right direction towards the path of your own financial freedom. Our Educational meetings will make you rich if you follow what is said. But we don’t charge $25,000 like the other gurus. We ONLY charge $100. I don’t care how tight you are. You may be as tight as me with my money. I think you can handle that for the value you get. 

If you haven’t signed up yet, you can pay at the next upcoming meeting by check or cash. Or you can sign up with your credit card or debit card via clicking the Paypal link below or above. BTW, Real estate education is tax deductible! 

But please don’t ask me or other members of our group to help you through your real estate investment problems with questions throughout the year without at least signing up and paying our dues. YOU CAN’T EXPECT ME OR ANY OTHER MEMBER OF OUR GROUP TO HELP YOU IF YOU DON’T CARE TO HELP OUR CAUSE!  $100 is nothing. You don’t need to attend the meetings to pay the dues. If you want the support of our group, you have to do the minimum of being a paid member. 


As always new members get a free month to decide if they like us. 
 

Tuesday, January 9, 2018

Q&A From an Industry Expert Tonight at Real Estate Investors of Virginia

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Hello Everyone,

This week we have a great meeting lined up for you. We will have our friend “Tiny Tim Hogan” as our group moderator. Tim is an expert in the fields primarily of wholesaling and flipping to “up-sell” properties. When he is speaking about these subjects he "stands tall" as his advise is as good as gold. Tim has helped me get some “high returns" with successful flips I’ve done in the past and has some great guidelines on determining “how low a property can go” in our market. 

Tim has done more flips in Roanoke than anyone I know. By a “long shot”  This "little guy" is full of good information… that is if you can get it out of him. Just don’t ask him for any favors or win any bets against him as he has a “short term memory". 

Tim will be moderating a group discussion so bring a “long” list of questions. “Short" insufficient answers won’t be acceptable as we’re going to hold our mini friend to some very “high” standards. 

Come on out to a memorable entertaining meeting as it always is with the "little guy". 

See you there!

A Blast From The Macher Past...

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Click To Read
An interesting look back in history on one of the celebrity slumlords in town, Spanky Macher… AKA The Slumlord Millionaire. Spanky is well into the production of a television reality show about low income landlording that has shown an awesome response from several major national networks. This one is looking like it’s going to happen. 

Here is an interesting article out of the paper years ago showing Spanky as a young man back in the days he envisioned and founded Macado's and Spanky's restaurant chains.

 

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