We are so excited the success of DMV REIA and it's members! The amount of information that is going to be shared with you is overwhelming. We have set funding, training, construction, rehab, inspection and property management partnerships to ensure that you receive priority services.
DMV REIA takes our motto "Where Investors work together for the success of us ALL!" to heart.
It is now the time of year where we all come together not just for the success of ourselves but for the benefit of everyone.
We have adopted the Covenant House. Every year, children and youth living in the District of Columbia and surrounding areas face challenges no young person should have to endure. They are homeless, living in poverty, lacking adequate healthcare and victims of violence.
Covenant House Washington was established in May 1995 to address widespread problems of homelessness and poverty among teenagers and young adults. With an open intake philosophy, CHW readily embraces those youth who take the first step to change their lives. No youth in crisis is ever turned away.
Hypothermia season is the time of year when the temperature is likely to drop below freezing levels. Hypothermia is a life-threatening condition occurring when a person's body temperature goes below 95 degrees due to exposure to cold and wet conditions. Hypothermia season last until March 31st. Every year the Covenant House host a Blanket Drive. Their goal this year is to collect 400 blanket.
When we heard about the lack of support for homeless youth, we knew our members would help. DMV REIA is going to have a Blanket Drive at the November 7th meeting. We will be collecting new and gently used blankets. You can support this effort by bringing a blanket, simply spreading the word about this effort or reposting this to your facebook page.
As usual, we appreciate you and all of your support. Please forward this message to your contacts so that we can help fight hypothermia for our area homeless youth.
Meeting:
Hilton Garden Inn
7810 Walker Dr., Greenbelt., MD 20770
9:00am to noon
RSVP at http://www.dmvreia.com
WE WILL STILL EDUCATION,TRAINING and NETWORKING!
SPEAKERS:
Jeff Levin, Specialty Lending Group
Learn how to acquire hard money lending for up to $7,500,000 for your real estate deals. Specialty Lending Group specializes in lending for fast closings and has helped hundreds of investors find solutions to the special investor needs! He will also share tips the make this sometimes difficult process run smoothly.
Don't miss the opportunity to speak directly with the person who makes the final decisions for these deals. As you know, this can sometimes make all the difference!
Barrett Matthews, Real Property Solutions
Learn how to protect yourself on your insurance policies when dealing with tenants or a a homeowner yourself.
Learn who to contact and what to do before contacting the insurance company to make a claim.
What are the insurance mythes and lies that make your protection cloudy?
Speak with and ask questions directly to Barrett Matthews, Public Adjuster, before speaking with your insurance company!@
We hope to see all of you at this event. Prizes and raffles will given out during the throughout the day.
See Ya there!
Valarie Jacobs and Dante Mayo
DMV REIA Presidents
DMV REIA
"Where Investors Work Together For The Success of Us ALL!"
RSVP at http://www.dmvreia.com
DMV REIA Mission
1. To be the premier networking organization for real estate professionals in DC, Maryland Virginia and surrounding areas.
2. To provide a forum for the exchange of the most relevant and timely investment ideas and knowledge.
3. To foster the creation of capital formation in all areas of real estate investment.
Showing posts with label real estate investing. Show all posts
Showing posts with label real estate investing. Show all posts
Thursday, October 22, 2009
Wednesday, May 27, 2009
FREE Real Estate Wealth Seminar in Maryland DC & VA with Kris Kirshner and DMV REIA
DMV REIA - Maryland DC VA Real Estate Investing ClubLearn Real Estate Investing Strategies for Maryland, DC and Virginia at the top rated Real Estate Investment Club in DC, MD and VA! Meet fellow Real Estate Buyers and Investors near you! Come to a local Real Estate Buying & Investing Club to discuss properties on the market, contracts, mortgages and anything else about land and realty. We have training on the latest investment techniques. If you are not serious about making alot of ... | |
FREE Seminar: Brown Truck Millionaire - Kris Kirshner DO NOT MISS THE DMV REIA June 6th MEETING! Hilton Garden Inn Greenbelt See the full event details at http://www.meetup.com/DMVREIA/calendar/10118413/. | |
Check out what members are saying about DMV REIA - Maryland DC VA Real Estate Investing Club: "This group seems to have a lot of motivated members." - Ozie Jackson "If serious about investing it is a great networking venue. Everything needed is there." - Cindy Schaller "Others should join DMV REIA because it has alot of positive energy. We provide investors an environment they can learn in, grow in, and feel comfortable in. We allow time for plenty of networking, deal announcements, and we are giving back to the community. We will be doing something for the Covenant House once per quarter. We make everyone feel welcome and feel an ownership of the REIA like it's their REIA." - Dante Mayo "This group is amazing. The education provided to the members is top notch! The members are the best. I love this group. Everyone is so willing to help one another and share information. It doesn't seem possible that the meetings can get better every month...but they do! This REIA is absolutely awesome and the networking is unreal. Can't wait until next month!" - Valarie "Valarie is a great resource for any new investor! As a trainer of hundreds of local investors, I think this would be a great meetup to connect with!" - Frazier O'Leary | |
Wednesday, April 22, 2009
Maryland, DC, and VA Real Estate Investor Are Making Money With Transactional Funding!
As foreclosures continue to rise, and as our members continue to tie up 20-30 new deals every day... what are you doing to get your piece of this market?
It will only last a few more years and then the play will change. Now is the time to flip foreclosure deals using No money and No credit of your own. You can be in bankruptcy and still you are qualified to use our CASH FOR A DAY funding program to flip foreclosure short sales, REO's and Wholesale deals.
The whole program will be covered tonight at 8:00pm EST at:
http://www.dmvreiafunding.com
Listen by phone this week at the phone number found at the site.
To watch or call in, go to the site and click on LIVE WEBCAST on the Menu bar right before the start time tonight.
Date: Wednesday April 22nd
Time: 8:00pm EST
7:00 CST
6:00 MST
5:00 PST
DMV REIA Meeting
Location Change
The May 2nd and June 6th Meetings
Hilton Garden Inn Greenbelt
7810 Walker Dr.
Greenbelt, MD 20772
The 14 best reasons to get involved with tax liens
- Your entire investment is 100% backed by the Government.
- It's secured by real estate with a 95% margin of safety.
- You earn a super-high rate of return that is not tied to fluctuations in interest rates.
- Your investments won't get whacked 50% to 80% when the stock market turns down.
- You can actually make more money during a recession.
- You never have to buy any properties.
- If you end up with a property (and you hope you do) it's free and clear and can be sold for huge profits.
- It can be done from anywhere in the world.
- There's next to no overhead.
- You don't have to hire employees.
- There's no recruiting your friends and family.
- You don't have to fix leaky faucets, evict tenants or any other conventional real estate headaches.
- You can start with as little as $300.
- And there is absolutely no selling.
DO NOT MISS THE DMV REIA MAY 2nd MEETING!
What you will learn:
- What is a tax sale certificate
- The Tax Sales Auction Process
- The Tax Lien Bidding Process
- The Foreclosure Process
- Time Line for Tax Sales Ownership
- Specific Expenses of Tax Sale Investing
- Contact numbers and website for every county in Maryland to get tax sale dates
The information being given away this month is invaluable. You have no more excuses for why you can’t get involved in Real Estate. The guest speaker is selling NOTHING! He is simply coming to overload you with information that you can use tomorrow.
The Baltimore tax sale is in a few weeks. You will have complete knowledge on how to get involved in real estate tax investing.
Speaker Information:
Anthony Onwuanibe is a graduate of the University of Maryland School of Law in Baltimore. His practice focuses on the many areas of real estate, from settlement services, through his title company Golden Trust Title & Escrow, LLC, to tax sale and mortgage foreclosures. He has filed over 1000 tax sale foreclosure suits in the last two years and has worked very closely with local municipalities, individual homeowners, individual investors and corporate and non-profit investors.
Anthony Onwuanibe regularly conducts tax sale seminars throughout the State of Maryland. He has been featured in the Daily Record, a business and legal newspaper based in Baltimore and several other publications as a point of contact regarding tax sale and other real estate issues.
DO NOT MISS THE DMV REIA MAY 2nd MEETING!
We anticipate a full house at the May Meeting. Please RSVP today at www.DMVREIA.com. We have already reserved a larger space; however, we want to make sure we have materials for everyone.
Do not underestimate the value of receiving such valuable information on a silver platter.
We are so enjoying working with all of you and look forward to all of our continued growth and success in this industry. We remember our motto "Where real estate investors work together for the success of us ALL!" whenever we are planning an event and we want our members to remember it as well when they are networking and looking for support from one another.
Sunday, March 8, 2009
DC MD & VA Real Estate Investing Club Grand Opening was Awesome!
DC Maryland and VA Real Estate Investors had and Awesome Time at DMV REIA!
Hello Everyone!
I am still so pumped about yesterday's grand opening. It was absolutely amazing! I want to thank all of you who came out and made this such a wonderful event.
We had over 125 real estate professionals show up and everyone who was there was ready to network, share and learn. From day one, all of you fully accepted the motto"Where Real Estate Investors Work Together For The Success of Us ALL!" People were sharing marketing ideas, rehabbing ideas, exchanging contact information, etc. It was as if, this was what we were all waiting for...an open forum to network, share and grow where everyone is welcome!
Dante and I may not have said it yesterday but we consider this REIA to be all of ours. We may organize it but everyone who was there made it the great event that it was. We want your suggestions, we want you to participate and share your deals, we want you to work with the DMV REIA investor agents. We want everyone to come to the meeting ready to support their fellow real estate professionals. If we all have this goal, the growth in our businesses and OUR REIA will be phenomenal!
If you were not there, you truly missed something special.....but don't worry....EVERY DMV REIA meeting is going to have this spark and energy.
I won't miss the next DMV REIA meeting!
We collected over 50 blankets for the Covenant House! Isn't it wonderful that DMV REIA members were able to help homeless youth and we can't wait to do it again in June?
We have 80 new DMV REIA members ready to "Work together for the success of us ALL!".
We received so many compliments from all of you. We are so happy that you were pleased and your needs as a real estate investor are going to be met. This is the only thing we ask of you. The more real estate professionals that we have in our network the more support for all of our businesses. We need you to spread the word about your new REIA...bring a friend or forward an email. When you receive the ratings email, let everyone know about the wonderful experience you had at the meeting in the comment box. Investors are looking for a place like this and just don't know where to find it.
We can't wait to see you next month. You can RSVP now by clicking the link below if you'd like to.
Dr. Cashflow is coming to town!
I want to see Dr. Cashflow!
Thanks again. I truly appreciate all of you.
Valarie Jacobs
DMV REIA President
PS. Photos will be on the site next week
DC Maryland and VA Real Estate Investor Association DMV REIA
I want to be a part of ths group!
What do other people have to say who where there:
Wednesday, February 6, 2008
"Quit Real Estate Investing!" That's What They Said Until I Showed Them My "Never Say Die" Investing System MD/DC/VA
Never Ever Quit.......Never Say Die........Never
Investors,
I know that many of you are ready to throw in the towel. Your mind says "Maybe this just isn't for me....I think I just missed the time to get into to real estate investing. Then your closest friends say "You are just wasting your time...it's time to move on....you gave it your best shoot...you can't say you didn't try" Does this sound familiar?
No matter what you decide to do in life, there are going to be obstacles, dry times, and times where it seems as though nothing is going your way. There is no way to avoid this. You must hold your position until you have the strength to move forward. Never go backwards. Now you have to be wise when you are a real estate investor or anything else. If what your are doing isn't working, try a different angle. Find another way to support your ultimate goal. This way you're not quitting. You are just taking a different means to an end. If you were flipping homes, master wholesaling. If you were wholesaling, master how to do lease options or shortsales. You must always be willing to increase your knowledge in order to move with the market demands.
If you analyze anyone who is where you want to be or anyone who you look at as a mentor, they have gone through major trials. If they had given up, you would not admire what they have accomplished.
There are certain things that you must do to remain on course through rough times in the real estate investing business.
1. Don't focus on what is going wrong.
If you focus on what is wrong with your business, that is all that you will see. Focus on the one thing that is positive and build on that.
2. Stay connected to a mentor.
I know that you have heard the saying "Nothing is new under the sun". We normally tell this to our children. Well, the same holds true with real estate investing. Someone has already dealt with the challenge that you are having. Learn as much as you can from their mistakes.
3. Education yourself.
Education is invaluable. Always keep yourself abreast of new terminology, new funding sources, new creative ways of financing. There are so many ways to do more than just survive in this industry. Commit to paying for some type of education on a monthly basis. It can be coaching, seminars, classes or tapes as long as you are always increasing your knowledge.
4. Pass it on
When you are doing well, always be willing to help the person coming behind you. There are so many shady investors. We need as many ethical investors to support one another as we can find. Helping someone else always ends up helping you in the end!
Everything has a time and a purpose. The sooner you figure out what the purpose of the time you are in - the sooner you will move on to a new one.
You Can Survive As A Real Estate Investor!
Blessings to your Real Estate Investing Career
Valarie Jacobs
Learn Real Estae Investing In Maryland
Learn Real Estate Investing in DC
Learn Real Estate Investing in Virginia
Monday, January 21, 2008
Why Haven't YOU Invested in Real Estate? (DC/MD/VA)
Why haven't YOU Invested in Real Estate?
You always wanted to....You know that wealth is in real estate....so what is stopping you!
Well, I'll tell you what is holding back most new investors that I meet " I DON'T WANNA LOSE MY MONEY!"....Does that sound familiar? Everything is new for you so you are not confident in your decisions regarding what property to purchase. Well, that's what I'm here for so just sit back, keep reading and learning and when you are ready, I'll be here to guide you.
The first thing that you should know is that you don't have to have the perfect deal for a real estate deal to make money for you. Don't pass by good deals waiting for the perfect flawless deal. I'm gonna let you in on a little secret...."There's no such thing".
No one says it better than Nike "Just Do It". You will never reap the benefits of investing in real estate until you....invest in real estate.
The main blockers for new real estate investors are:
- afraid of risk
- afraid of maintenance and repairs
- afraid of vacancies
Let dissect these fears:
Afraid of Risk
"YOU WILL NEVER EVER FIND A RISK-FREE INVESTMENT!" Some of you want no risk. If this is what you want, you don't want to make any money anywhere. Just put your money in your ceramic pink piggy bank but watch out for Mr. Inflation because he'll eat away at that with out a sound. If you follow the advice that I gave you before about investing in Metropolitan areas, good rental market areas, stable market areas and low median areas, you are already reducing your investment risk. You also want to invest in fairly good neighborhoods. Pay attention to safety, schools, shopping etc. In decent neighborhoods, your tenants tend to stay longer, pay on time and take better care of the property.
Afraid of Maintenance and Repairs
Just because you own the property doesn't make you and automatic handy man. Hire a property management company. Your time is more valuable than touch up paint, plumbing and carpeting. We hire professionals for everything else. It's worth it!
Afraid of Vacancies
If you take my advice and invest in a good neighborhood in a good market, vacancies are very unlikely. Normally, if your house is not renting the problem is the owner. It's not that there isn't anyone to rent to...you are asking to much. Think long term. It better to occupy your property for a little less than to pay a mortgage on a vacant property. You can always gradually raise the price of your rent and end up getting what you want. Even if you have a negative cash flow at first, the tax benefits will offset this.
Hopefully, this has helped ease some of your fears regarding investing. It's time to start securing your financial future with real estate investing.
Blessings to your real estate investing,
Valarie Jacobs
Learn Real Estate Investing in Maryland
Learn Real Estate Investing in DC
Learn Real Estate Investing in Virginia
Sunday, January 20, 2008
Caution: Read This Before Investing In Real Estate!
Caution: Read This Before Investing in Real Estate
Many investors are hesitant about investing in this market. If you watch the news or read the paper, reports would have you believing that the sky is falling. Well, the sky falling should be the ONLY reason why you would be leery about investing in real estate. The question is not "Should I invest in real estate right now?" it's "Where do I invest in real estate right now?"
There are four key factors when deciding where to invest in real estate:
- Metropolitan Area
- Good Rental Market
- Low Median Price
- Stable Market
Let's look at each of these key factors a little closer.
Metropolitan Area
A metropolitan area offers a wide variety of possible tenants. The last thing you want is a great VACANT property. Small towns often only have one source of employment. If that company closes, so does your rental market. Larger areas also offer a great selection of property management companies so if you are to busy to play landlord you have options.
Good Rental Market
A good rental market has single family homes that keep up with or surpass the amount of the mortgage payment. This does not mean that a property with a temporary negative cash flow doesn't still make a good investment in the long run.
Low Median Price
You want to purchase most of your investment properties in the median range. This should keep you mortgage payment below what you can reasonably ask for in rent. You also want to avoid jumbo loans. Jumbo loans ask investors to put down 25% on non-owner occupied homes. This can tie up to much of your cash that you could be using for another investment.
Stable Market
Believe it or not you don't want to invest in a booming market. During a booming market, there are many offers being made on one property. You have to compete with to many buyers. This drives up the prices for the houses and you don't get the best deals. You want to buy in an area that simply has a steady rise in market prices. It doesn't have to be rapid.
Blessing to Your Real Estate Investing,
Valarie Jacobs
Learn Real Estate Investing In Maryland
Learn Real Estate Investing in DC
Learn Real Estate Investing in Virginia
Thursday, January 10, 2008
Real Estate Investing vs. Stock Market Investing
Breaking Investment Discovery
Invest in the Real Estate Market or the Stock Market?
Everyone should have a well rounded financial portfolio. This means that you should at least have some investments in the stock market. Over the past years the stock market does appear to have kept up with the rate of inflation; however, investment in real estate is a far more stable investment.
The stock market has made many people wealthy. The problem with the stock market is that profits can be wiped away in the blink of an eyes. An unexpected drop in the stock market can destroy an investors portfolio. If you have a large percentage of your investments in the stock market you must move a large portion of your investments into a more stable real estate investment.
One of the greatest benefits of investing in the real estate market is the leveraging opportunity. With real estate investing, you can leverage your investment 10 to 1. With stock market investments, you can only leverage your money 2 to 1.
What does leveraging your money mean?
When you leverage money, it means that you can use the money of someone else to raise money. Just like a lever raises something up, in real estate, you can leverage money 10 to 1. If you have $10,000, you can use this to get (or raise) a loan of $90,000 for a total of $100,000 towards a real estate investment. With stock investments, $10,000 would only get you $20,000 for stock investments. This is called buying on margin in the stock market (very risky).
Now of course, no investment is perfect. If property values fall, this leverage can work against you. The solution to this is to hold on to your real estate investments for the long term. This will begin to secure your financial future.
Blessings to Your Real Estate Investing,
Valarie Jacobs
Learn Real Estate Investing In Maryland
Learn Real Estate Investing In DC
Learn Real Estate Investing In Virginia
Learn Real Estate Investing in Maryland, DC and Virginia. Learn Real Estate Investing in Maryland (MD). Learn Real Estate Investing in DC. Learn Real Estate Investing in Virginia. (VA) Real Estate Investment Training. Real Estate Investments. Learn Real Estate Shortsales. Best Real Estate Investing Course. Number one Real Esate Investment Class.
Saturday, December 1, 2007
A .99 Cent Calculator Can Save You $99,000!
I came upon some invaluable information that I wanted to pass along to you.
Present Value Insights
All financial calculators have buttons you push to discover various financial factors. These buttons are labeled N for the number of payments until a loan is fully paid off; I for the rate of interest being paid in each payment period; and PMT for the amount money paid for interest and principal. FV stands for the future value of the sums being paid. A very important button is labled PV for Present Value. Many creative financial formulas take P.V. into consideration. What is Present Value? Let me see if I can explain it to you:
Somehow, money that is received right away is more valuable than money that will be received later. How much more valuable like beauty lies in the eyes of the recipient, but absent of a pressing need for the money, financial mathematicians have come up with a term that expresses the difference between now and later. It is called Present Value.
When the Present Value is contrasted with the value of the money paid at a future time (Future Value), a difference in value can be calculated and that in turn can be related to the yield that the person who is paying later might realize, albeit it may be intangible.
For some reason, many people refuse to take the time to learn how to figure out how to use a calculator, even though knowing a few simple techniques can make the difference of thousands of dollars on a single deal. Here’s why:
By learning how to manipulate these buttons, it is possible to discover how much the rate of interest is, the number of payments until a loan is paid off, the amount of money still to be paid on an existing loan and the remaining unpaid balance; and the amount of money your money would earn if you loaned it for a set period of time, with a set payment, until it was completely paid off. Can you see how this might be of value to you?
For example, which would be better for me: Buying a house with a $125,000 secured Note which called for no interest for ten years, at which time $125,000 would be due and payable in a lump sum? Or, buying the same house for $100,000 with a Note calling for 120 monthly payments of $1213.28 including 8% annual interest? To figure out which offer would be best for the buyer, he would have to compare these two methods of payment to discover the PV.
The PV of the single payment, zero interest note would be equal to the sum of $125,000 discounted at the same rate as the other alternative, or .67% per month, for 120 months. The PV of this loan would be $56,315.43. Hold that thought a moment.
If you multiplied out all the monthly payments on the more conventional Note, you’d wind up paying $145,533.11. The difference in cost to you would be $89, 271.68. Now does learning how to calculate PV seem of any value to you.
Can you see why I’ll let the seller have his price almost all of the time without a murmur if I can get as financing terms a single payment, zero interest Note?
Supporting Your Real Estate Investing Career!
You Can Survive As a Real Estate Investor in Maryland!
You Can Survive As a Real Estate Investor in DC!
You Can Survive As a Real Estate Investor in Virginia!
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