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Tampa Real Estate Investors Alliance is All About Florida Real Estate Investing

Tampa Florida Real Estate InvestorsTampa Real Estate Investors Alliance (Tampa REIA) is a Tampa Florida real estate investors association for real estate investors, real estate entrepreneurs and other real estate professionals who invest in Tampa real estate for fun and profit and are dedicated to the highest level of professionalism and integrity.

Tampa REIA’s mission is to help ensure our members’ real estate success by providing extremely affordable, high quality, relevant real estate investing information and education, as well as frequent, fun and rewarding real estate networking opportunities. Our goal is to be the premier educational and networking organization for real estate professionals in the Tampa Bay area.

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Sat, Sept 24th at 9AM – Online via GoToWebinar
Tampa REIA Presents the BRAND NEW:
Guerilla Marketing 1.0
Low Tech, Low Cost Marketing Tactics to Generate Motivated Buyer & Seller Leads
A Full Day Online Workshop with
Dustin Griffin & Don DeRosa
Saturday, September 24th from 9AM – 6PM
Discover Low Tech, Low Cost Strategies & Techniques to Generate All the Motivated Buyer & Seller Leads You Can Handle to Explode Your Real Estate Investing Business!

Dustin GriffinWhen it comes to making money as a real estate investor, nothing is more important than the ability to generate high-quality buyer and seller leads. After all, if you have no buyers and sellers to talk to, your skills as a savvy real estate investor never even come into play.

If you are going to be a successful investor, you must be a successful marketer! The good news is, generating motivated buyer and seller leads is pretty easy with a little time, effort, creativity and a reasonable monthly marketing budget.

Don DeRosaIn this special one-of-a-kind workshop, Dustin Griffin and Don DeRosa will show you those proven, effective, affordable methods you can use for little to no cost to generate waves of valuable leads day after day and month after month to achieve your financial goals.

Learn Low Cost, Low Tech Marketing Tactics to Generate Leads such as:

  • Developing Your Marketing Plan on a Limited Budget
  • Branding Your Business
  • Prospecting for Leads vs. Advertising for Leads
  • Many Different Low Tech, Low Cost Lead Generation Strategies & Techniques
  • Using the Internet, Websites & Online Resources
  • Using Voice Mail Systems
  • Using Live Operators & Virtual Assistants
  • High Tech Marketing Examples

You will also learn:

  • Which traditional marketing methods really work and which are a complete waste of time and money!
  • How to generate all the motivated buyer and seller leads you need to run a successful home buying business without spending a fortune!
  • How to determine exactly how many seller leads you need to achieve your short term cash flow needs and meet your long term financial goals… and then go out and get them!
  • How to tap into the power of the Internet to generate tons of new leads… plus, how to turn any website into a lead-generating machine!
  • How to triple your current seller response rate by using a proven 2-Step Marketing Technique!
  • The most affordable and most effective direct and mass marketing techniques to reach motivated sellers who need to sell and tenant/buyers who want to buy or rent, regardless of their credit!
  • How to gain instant credibility and establish your company as trusted experts who can solve problems and help prospects buy, rent or sell their home quickly!
  • How to market to the widest possible audience of buyers and sellers even on a shoestring budget!
  • And Much, Much More!

If you’re at all disappointed with the amount of money you’ve been earning in your investing business and are fed up with all the time you’ve been spending trying to figure out how to get more leads and do more deals… then come Join us at the Guerilla Marketing Workshop Training Series. Here we will teach you how to dominate your local real estate market both offline and online to generate all the motivated buyer and seller leads you need to run a successful home buying business using many free or affordable marketing techniques.

Don’t miss this opportunity to learn the marketing skills you need to know to start generating an endless stream of real estate buyer and seller leads for little effort and little expense. Register now before this event sells out!

Guerilla Marketing 1.0 takes place on Saturday, September 24th from 9AM to 6PM Online via GoToWebinar. We would love to help you take your Real Estate Investing to the next level by generating all the motivated buyer and seller leads you can handle!

To Attend Online Via GoToWebinar.com, Register Here and follow these instructions carefully…

  1. Register & Pay for the Event: Register for the Online Only Workshop below.
  2. Register for the Webinar: Once you have successfully paid and registered for the event, you will be taken to a screen with instructions on how to register for the webinar. You will also be emailed these same instructions. So follow the instructions to register for the webinar.
  3. Webinar Confirmation & Login Information: Usually within 24 hours of receiving your payments, we will confirm your webinar participation and send you confirmation information on how to login to the webinar on the date of the event. Once you get your Webinar Confirmation Information, you can login on Saturday, August 27th about 5-10 minutes prior to the 9:00AM start time 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!

Read More→

Wed, September 28th @ 7PM ET on GoToWebinar.com
Beginning Investors Group Online
Using Social Media to Explode Your Business!
A Live Webinar with Mark & Anne Lackey on Sept 28th @ 7PM on GoToWebinar.com

No Charge to Attend Online for Members or Guests!
Register @ bigonline.tampareia.com

Mark & Anne LackeyMark & Anne Lackey will be joining us at BIG Online on Wednesday, September 28th at 7PM ET on GoToWebinar.com to discuss how to use social media to generate leads and explode your business!

Are you looking to buy a house to invest in? How about finding a tenant or a buyer for your recently rehabbed property? Need to build your support network quickly? Or how about finding more private lenders?

A great way to answer these questions above and more, is through something you already have access to, and for the most part, they are free, is Social Media. You know, Facebook, LinkedIn, Twitter, Instagram, etc. You may not know how to utilize these platforms to your fullest advantage. You may be lacking a plan or may have not even thought about the power of these networks to further your business.

Join us on Wednesday, September 28th and Real Estate experts Mark & Anne Lackey will show and tell you how you can take advantage of this growing phenomenon. Now and in the near future, many investors will be adding social media networks and skills to their arsenal. Register NOW and be ahead of the curve!

You will learn:

  • How to Create and Implement A Social Media Strategy To Increase Leads
  • What Social Media Platform Works Best For Your Needs
  • How To Easily Create Engaging Content
  • How To Build A Step by Step Execution Plan To Get Started NOW
  • And Much, Much More…

Mark and Anne Lackey are well known around Atlanta and across the nation as Real Estate Investors, Authors, Speakers and Educators as well as Realtors. Whether they are helping other investors purchase turnkey investment properties, flipping homes, or helping traditional buyers and sellers, Mark and Anne’s work, play and life are all about Real Estate.

New Investors, DO NOT MISS THIS EVENT! Register now and join us on Wednesday, September 28th at 7:00 PM ET.

No Charge to Attend ONLINE for Members or Guests!

Register Now!

Read More→

The Profit September 2016 Edition

Posted on September 6, 2016 by
The Profit Newsletter for Tampa REIA September 2016
Download the September 2016 Edition of The Profit Newsletter Now!

The Profit - September 2016 - High Quality PDFThe September 2016 edition of The Profit Newsletter is now available for download as a High Quality PDF (print quality) or Low Res PDF for mobile devices. The Profit Newsletter is the official newsletter of the Tampa Real Estate Investors Alliance and is a digital, interactive newsletter for serious real estate investors delivered as an Adobe PDF file to read on your computer, tablet, or smart phone with a PDF reader. Many of the articles and ads in The Profit contain hyperlinks you can click to get more information online. The high res version of The Profit is “print ready” while the low res version will load faster on your mobile device. Also, be sure to Subscribe to The Profit so you don’t miss a single monthly issue.

Download Now!
High Quality PDF / Low Res PDF
See The Profit Archives for our past editions.

Mark & Anne Lackey

Posted on September 23, 2016 by

Mark and Anne LackeyMark and Anne Lackey are well known around Atlanta and across the nation as Real Estate Investors, Authors, Speakers and Educators as well as Realtors. Whether listing a luxury home, showing out of town buyers where to live or buying for himself, Mark and Anne’s work, play and life are all about Real Estate. Late 1999 while working a J.O.B. (Just Over Broke) in Corporate America, Mark and Anne made the decision to start a real estate investing career and they have never looked back. Their first month in the business, they purchased 4 rental homes and still own all 4 today as high cash flowing rentals.

Today, Mark and Anne own and manage close to forty residential properties in their own account, and manage 160 rentals for other investors. Each year they find, fix-up and flip for a good profit four to six properties. Together they own and operate Atlanta Housing Source and Rental Home Atlanta. They do everything together. They coach and train hundreds of investors on joining the ranks of successful real estate investors and can found on the stage at local investing events, on the radio as a guest with Jeff Davis GM at 1160 WCFO (where he and Anne had a successful 2 year radio show dedicated to real estate investing) or promoting his latest Amazon Number 1 e-book. He and Anne have written three books and developed multiple training modules in the area of Real Estate Investing. Read More→

Subject-To Real Estate Contracts

Posted on September 7, 2016 by

Existing Loan Stays In Place – No Liability To You!

“In order to carry a positive action we must develop here a positive vision.” ~ Dalai Lama

A Subject-To deal simply means that you get the deed/title to a property and take control over the property. The existing loans stay in place in the original homeowner’s name, negating the liability to the purchaser. The mortgage is not being paid off through a Subject-To contract transaction, just taken over by the purchaser. As long as the purchaser of a Subject-To deal makes the mortgage payment to the existing mortgage lender, there are no consequences to either party. However, if the purchaser stops making the payments on the mortgage, the seller’s credit will be damaged.

Most sellers are in a situation where they may have to relocate quickly, have no equity in the home and just “want out,” or are about to go into foreclosure and want to save their credit. These folks are motivated to sell on a Subject-To deal to get the payments caught up (or maintained) and stay on time to help their credit.

One reason you would purchase on Subject-To is to utilize a seller’s lower interest rate than that is on the market at the time. For instance, if the market rate is 7% and a seller has a 5% fixed rate, the 2% difference can make big difference in your monthly payment. You are able to purchase the home in a 7% market at 5% interest! For instance:  Read More→

Last month I talked about how I created a near disaster for my family because I got too big for my britches and thought I could buy 100 houses in one year when I truly was not prepared to undertake a monumental task that large that has so many tentacles I had no idea I had to deal with.

I now realize that every one of these people provide a service I desperately needed if I had any chance of buying anywhere near 100 houses in any year. Without the services of these people there would be no way I could have achieved my goal of buying 100 houses in any year

Each of the ten deals I did in that one-week period were good deals and bought at prices that would have given us a good profit. I had bought each of the ten properties with Hard Money loans from local private money lenders who knew and trusted me. Because I couldn’t get the repairs completed, I quickly ran out of the money I had borrowed in a very short period of time. To keep my name good with my lenders, I had to take out personal loans to make the individual monthly payments for each property that was sitting empty and not bringing in any money. I had to borrow money I needed quickly to make those monthly payments. It didn’t take long for me to realize I was out of money. I was scared to death I wouldn’t be able to continue to fund these empty houses and ruin my name and reputation with the lenders.  Read More→

There I was standing on the side lines in one of the hottest housing markets scratching my head as to whether I should buy and get in the game. I was new to the real estate game. I had been buying for a few years. I had limited access to money. The year was 1991. I was wondering what I should do to get more money (that still has not changed I need access to more cash).   I was wondering what I needed to do to get the great deals. I did not think about learning new tricks to buy houses. Then again there weren’t any seminars or real estate investment groups I could attend. So I missed it. Do I regret it? I got an important learning lesson.  The lesson was easy to understand and hard to implement. I needed to get more people involved in my investing business. I put an ad in the newspaper. “I am looking for a few good partners who are looking to take advantage of this incredible market. People who are willing to take calculated risk to get a reward of money.  Those individuals who want to earn wonderful rates of return on their money while enjoying a hands off approach have an opportunity to hit it big in this real estate market.”

The market is hot right now. There was a recent article in the Atlanta Journal Constitution that stated Atlanta was the hottest flipping market in the country. The bad news is a newspaper reporter picks up on the market when the market tends to be at the peak.  I have wholesaled more houses this year.  I have done more flipping this year than in past years. I wrote an article in 2012 that said the market had turned in Atlanta. So where are you?  Read More→

As a Mentor, one of the biggest things I stress to my Students/Partners is that you can’t buy and flip houses in sloooow motion.  As soon as a Seller calls you, you should fill out a Seller Information Sheet and schedule for the following day (within 24 Hours) an appointment to see the house.  Most of the information that is needed on the Seller Information Sheet you can get directly from the Seller.  I have been asked “How long do you talk to a Seller about their home?”  Since this is your first communication with a Seller and you NEED to build rapport, you should be on the telephone for a long time.  What does that mean to you?

I would suggest at least 30 minutes on the phone to talk to the Seller about their home, their life, where are they going…anything and everything you can think that you might have in common with the Seller.  Sellers like to do business with people they like.  So, if you are only on the telephone for 5 minutes, then did you build rapport or even completely ask all the questions that are on my Seller Information Sheet?  Probably not.  Call the Seller right back and ask ALL the questions on the Seller Information Sheet so that you will know what he/she wants for the house, why they are moving, where they are moving and when they want to leave.  Read More→

Since 1999, Kim and I have continually learned from Pete Fortunato how to creatively structure and fund our deals – without going to banks!

The BEST real estate investing meeting we attend is the weekly Real Estate Exchangers meeting in St. Petersburg, Florida.  It’s creative deal structuring and funding at its most pure.

Here’s an example of a deal that was put together at yesterday’s meeting.

Rich has a SUV that he’ll sell for $3,000 cash.  Pretty straight up deal, right? 

Pete offers to trade his Nissan truck for Rich’s SUV.  But Rich doesn’t want a truck; he wants $3,000 cash!  Does Pete have a hearing problem or what?

Here is a classic example of Use What You Have, To Get What You Need, To Get What You WantRead More→

If you own rental property or investment property within a real estate IRA, it’s important to be careful with the money you spend making improvements. While many people make improvements and upgrades to their own homes to increase their enjoyment of their homes, not every home improvement immediately adds to the dollar value of a home, net of costs.

But some do, depending on the property and the market. This is especially true if you are bringing a home up to the standard of the surrounding neighborhood.

Except in special circumstances, or when transforming an unlivable home to a livable one, most major renovations don’t add immediate resale value once you account for the costs of professional work, licensed contractors, etc.

However, there are a few projects that have proven themselves over time, when used in the right homes – chiefly things that improve the cosmetic appearances of a home and enhance curb appeal.  Read More→

Seven Touch-Ups to Help Sell Your House

Posted on September 7, 2016 by

In the world of real estate investing, knowing the key elements to make your current or next deal ready to sell fast can add huge profits to your pocket. After all, time is money.

I have to stress real estate investing using REIA comps to see all the transactions in your market area is key. Quickly looking up prior sales, reviewing the previous listing can give you keys to the types of finishing touches that are most desirable for your market area. Here are the Seven Touch Ups which produce fast sales.

  1. Door Detail

    If you want buyers to come rushing to your door, make sure it’s well painted. A fresh coat of paint will make a great first impression. Stats show Red is the best color drawing excitement to the focal point of the dwelling.  Read More→

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