NorCalREIA- February 10th, 2016

Do you know how a self-directed IRA works? Do you know the rules?

Join NorCalREIA Wednesday February 10th for an expert and knowledgeable review on how a Self-Directed IRA works. We’ll have a panel of professionals that will provide you with the answers you need in creating wealth for you and your families future!

Our Self-Directed IRA Panel

Kaaren Hall, President, uDirect IRA Services

Lorraine Evans, L.D. Evans CPA

Mike Gobbi, Experienced REO Agent with Keller Williams Realty

In this meeting, the panel will address:

  • Is self-directed IRA investing for everyone?
  • What can you invest in with a self-directed account?
  • How do offers get presented?
  • What about smaller IRA accounts?
  • What types of self-directed accounts are available?
  • What is the primary purpose of investing with an IRA?
  • What should investors consider when investing with a self-directed IRA?
  • What you can and cannot do? What are prohibited transactions?
  • How do you fund a real estate deal with the IRA?
  • What if my asset goes bad and has a zero value?
  • What are the limits of self-directing my retirement account?
  • And much, much more!

About The Panelists

Kaaren Hall, President, uDirect IRA Services

After 20+ years of experience at Bank of America, Indymac Bank and her own mortgage brokerage experience, Kaaren Hall saw the recession take hold and the mortgage market collapse. Rather than folding up her tent, Hall took her real estate and finance knowledge in a promising new direction – self-directed IRAs. Hall has helped thousands of Americans invest their IRA into real estate, notes and other assets outside of the stock market to improve their financial future. Now, Hall is a passionate educator and facilitator for better retirement through highly diversified and individually controlled IRAs. She shares her expertise with investors and advisors through speaking engagements, online videos and a weekly newsletter.

Mike Gobbi

Experienced REO Agent with Keller Williams Realty Mike Gobbi entered into real estate in 1980 to work in property management. The company expanded into an investment company, so his duties grew to purchasing properties for the partnerships at the court house steps and qualifying seller carry back notes for investor clients to purchase. During that time Mike started listing REO properties for the lenders, that didn’t sell at the court house steps. Since 1974, Mike and his wife, Kathy have owned personal and investment properties in California, Idaho and Mississippi. They are always on the hunt for a good deal. Mike’s favorite clients are the investors; he has worked with many acquiring properties through their retirement accounts or personal portfolios throughout the USA. During the last 36 years, Mike has built a successful career in the Greater Sacramento Area. He has worked every aspect of the industry representing sellers, buyers, investors and banks.

Lorraine D. Evans, CPA, MST

Lorraine is a licensed CPA in California since January 1988. Originally from the Los Angeles area, she has her own accounting practice and has worked in the greater Sacramento area for over twenty years. She provides tax, consulting, and accounting services to a variety of clients in various industries throughout California and Hawaii. She specializes in closely held businesses operating as partnerships, LLC’s, and corporations. Lorraine also works heavily in the real estate industry, and provides tax preparation and planning services for individuals as well. She is a member of the California Society of CPA’s. Lorraine has written articles on taxation topics for the AICPA’s The Tax Adviser. She served on the AICPA’s Individual Income Taxation Technical Resource Panel for five years, serving as chair for two years. Lorraine is a native of Southern California. She holds a Bachelor of Science degree in Accounting from the California State University at Long Beach and a Master of Science degree in Taxation from Golden Gate University. Lorraine moved from Manhattan Beach to Elk Grove twenty years ago with her two sons, Cory and Kyle. She now spends her time traveling between Hawaii and California. In her spare time Lorraine loves to hike, spend time at the beach, garden, and is an avid golfer.

Meeting Location:

Crown Plaza

(formerly Holiday Inn)
5321 Date Ave [map]
Sacramento, CA 95841
(Off I-80 at Madison Ave)

Admission:

This meeting is FREE to members and $25 for non-members.
All are Welcome to Attend!

Contact:

David Granzella email
Phone: 916-791-8322

NorCalREIA presents Howard Blum, one of our most requested speakers, on January 6th 2016

Please note we are on the FIRST Wednesday January 6th 2016

NorCalREIA presents Howard Blum, one of our most requested speakers.

       Howard has been heard on live television around the world.

Howard Blum is an influential lecturer regarded for his abilities in analyzing complex economic issues and distilling them into plain English. An award winning and sought after speaker, Howard is routinely asked to present at colleges, universities and business groups around Northern California. His opinions and interest rate forecasting have been heard on live television around the world.

Howard’s success is tied to his Zen outlook. At this meeting you’ll learn and understand how to implement and evaluate your path in creating a successful life and business.

                     “Zen & The Art of Growing Your Business”

  • Why Zen?
  • Take an objective look at what you are doing.
  • Assessing your strengths
  • Recognizing your weaknesses
  • Team & relationship building
  • Recognizing and maximizing opportunities
  • The concept of “fixedness”
  • Learn or acquire a new skill
  • Mapping your business journey
  • Maintaining your discipline
  • Spread the word and get it done

Howard speaks our language and he’ll share with us his views on identifying key issues, and how to gauge and manage their impact on our real estate business.   We’re fortunate to have Howard address us in person!

Howard’s focus routinely includes comprehensive subjects, such as our banking and finance systems, the influence of the Federal Reserve as well as real estate trends. But more importantly to us, Howard is an active real estate investor with property holdings in CA, NM, UT and TX.

Join NorCalREIA on Wednesday November 11th when Merton Eaton & Gordie McCarty teach us the “Knitty Gritty” behind getting our deals done

Join us for another practical hands-on meeting of advice in avoiding common

pitfalls and maximizing your profit in evaluating real estate deals.

 

Often the Devil is in these Details:

  • Understanding what properties are actually selling for not just listed for!
  • What can I sell this property for?
  • Learn to make calculated and informed decisions.
  • Learn a wealth of information and mistakes to AVOID.
  • Working backwards on your ARV, what the ARV really is. ARV can be moving target, hit it.
  • What are YOU seeing in today’s market?

At this meeting we will cover:

  • The art of working smart and finding better deals.
  • Sellers WANT offers! Make a calculated decision – offer.
  • Holding costs the exact breakdown.
  • Hard money pricing for 6 months
  • Getting pest report AFTER work is completed.
  • Wholesalers and “the real pricing” do your due diligence
  • Property radar one of our best tools “USE IT”
  • Flipping versus rental rehabs
  • Comps use ¼ mile radius, SERIOUSLY.
  • Insurance what kind of rehab – umbrella policy.
  • Meet the experts with an open forum questions and answers.

NorCalREIA presents Jack Shea – Land Trusts, Options and 1031 exchanges

SECOND Wednesday October 14th NorCalREIA presents Jack Shea

Jack is a nationally recognized speaker & educator focused on Land Trusts, Options and 1031 exchanges. Jack has written a book on Options and taught seminars nationwide on Trusts, Options, Exchanges, IRAs and note investing. At this meeting Jack will cover:

                          “Trust a Power Tool for NorCalReia Investors”

 

  • Land Trusts
  • Land Trusts: History, uses, Benefits
  • California rulings and background.
  • A  New Operating System For Investments
  • Buying, Selling, Partnering, Managing and Financing in private.
  • Unique Strategies only available with trusts

 

  • Personal Property Trusts
  • For Notes, Receivables, Options
  • Automobiles, Boats, Airplanes
  • Guns, Gold, Stocks, Bonds
  • As a Manager of an LLC

 

  • IRA Checkbook Trust
  • A Hybrid Trust for Real Estate and Personal Property
  • Wraparound Mortgages, Accounts Receivable, etc.
  • All real estate, note, and flip proceeds go into your bank
  • No Cost or Delay of going through the custodian

 

  • Summary of Trusts, Benefits, and Uses

 

  • Trusts for holding real property. They are allowed in all 50 states. The land trust originated in Illinois in the 1890s. There are over 120 years of legal decisions covering all aspects of use and administration.  There are dozens of benefits, the greatest being the privacy of ownership. Avoiding probate, judgments, partition are among its features. They provide the best platform for purchasing, managing, partnering, financing and estate planning.

 

  • Trust for holding IRA funds. This irrevocable real estate investment trust is purchased by an IRA owner and this person directs the investment activities into real estate, notes, personal property and any other permitted investment. Thousands of IRA owners are using this Checkbook Control Trust to turbo-charge their retirement accounts.

 

Jack Shea is a licensed Realtor. He has concentrated on buying and selling single-family homes and notes.  Jack operates a 1031 exchange business as well as conducts classes on the details of tax-free sales and purchases. He also has written a book on Options and taught seminars nationwide on Trusts, Options, Exchanges, IRAs and note investing. He has developed several unique strategies using trusts, options, exchanges and a hybrid IRA Checkbook Control Trust that can hold real estate, notes and other personal property.

 

NorCalREIA presents Howard Blum

NorCalREIA presents Howard Blum

        Howard has been heard on live television around the world.

Howard Blum 2015

Howard Blum is an influential lecturer regarded for his abilities in analyzing complex economic issues and distilling them into plain English.  An award winning and sought after speaker, Howard is routinely asked to present at colleges, universities and business groups around Northern California.  His opinions and interest rate forecasting have been heard on live television around the world.

 

Howard’s success is tied to his Zen outlook. At this meeting you’ll learn and understand how to implement and evaluate your path in creating a successful life and business.

                     “Zen & The Art of Growing Your Business”

  • Why Zen?
  • Take an objective look at what you are doing.
  • Assessing your strengths
  • Recognizing your weaknesses
  • Team & relationship building
  • Recognizing and maximizing opportunities
  • The concept of “fixedness”
  • Learn or acquire a new skill
  • Mapping your business journey
  • Maintaining your discipline
  • Spread the word and get it done

 

Howard speaks our language and he’ll share with us his views on identifying key issues, and how to gauge and manage their impact on our real estate business.   We’re fortunate to have Howard address us in person!

 

Howard’s focus routinely includes comprehensive subjects, such as our banking and finance systems, the influence of the Federal Reserve as well as real estate trends.  But more importantly to us, Howard is an active real estate investor with property holdings in CA, NM, UT and TX.

Finding and Managing Profitable Real Estate Opportunities in Our Own Backyard

“Finding and Managing Profitable Real Estate

Opportunities in Our Own Backyard.”

Wednesday August 12th NorCalREIA members Mandy Snell & Laurel Sagen, local and experienced speakers with over 100 flips between them, share the secrets to their success in our Northern California market.

Where to FIND THEM –

  • 17 ways to find deals that work
  • Understand today’s market
  • How to make use of resources and relationships

How to Evaluate and Manage YOUR DEAL –

  • Evaluate the profitability of a deal in less than 5 minutes (everyone will have access to this valuable tool)
  • Define an appropriate and realistic scope of work and accurate cost breakdown
  • Avoid cost overruns
  • Understand your bottom line
  • Know how to manage the risks
  • Profit vs true NET profit
  • What did you forget?
  • How financing can make or break your deal

About our speakers ‘Boots and Stilettos’…

 

Mandy has 25+ years of experience in speculative building and custom homes, 2.5 years of rehabbing full time — completing 17 flips. Currently she’s the Project Manager for a large private equity group managing all their funded projects and Private lender working alongside Bo.

 

Laurel has 16 years of experience and 84 flips under her belt. She has owned 34 doors, including single-family homes and duplexes. Laurel started buying and rehabbing rental units in 1999 and in 2007 moved onto to her fulltime flipping business.

July 8th – Aaron Mazzrillo teaching us new skills on how to be successful Wholesaling & Beyond

Join us on July 8th when NorCalREIA hosts Aaron   

Mazzrillo teaching us new skills on how to be   

successful Wholesaling & Beyond…

 

     You won’t want to miss this informative presentation on

          “Ways and plays to make money in California”

 

     If Wholesaling is your goal, learn from one of the best!

 

Aaron1

Aaron Mazzrillo, a seriously Pro-California investor will walk you through 10 recent transactions, all with unique situations and break down each deal step-by-step. You’ll learn who he bought the property from, how he solved the seller’s problem, what he was paid for his services and how he was still able to pass along a profitable deal to his end buyer on wholesale deals and a variety of other exit strategies he utilized.

About Aaron Mazzrillo

Aaron runs a wholesaling business out of Riverside. He’s been investing in southern California properties since 2002 and is a pro-California investor. He’s well known for locking up great deals without ever seeing the properties or meeting with the sellers. He rarely even writes an offer! He mainly focuses on wholesaling and land lording because he has discovered they require the least amount of work and overhead while providing the most amount of time for fly fishing and kickboxing.

Wednesday June 10th when NorCalREIA Hosts Greg Pinneo CEO of The Cor Company

Join us on Wednesday June 10th when NorCalREIA Hosts Greg Pinneo CEO of The Cor Company

 

You won’t want to miss this presentation and the experience with Greg Pinneo and his Entrepreneurial Mind Set!

 

There is nothing more common than people with great “tools” who achieve nothing. Why? The answer, simply put, lies in the way we as individuals think. The topic of “Mindset” can be dismissed easily, but those who consistently live in abundance credit it as the engine in the vehicle of success. Greg Pinneo has been a student of the topic for nearly forty years. His ability to convey awareness around the topics of belief, possibility, intention, awareness, and choice are unmatched. Before agreeing to discuss the concepts of acquisition, finance, and negotiation, it has become a requisite in Greg’s teaching that every audience first tackle the questions that give these tools a chance to perform. The beliefs we choose to embrace frame the realities we experience.

 

Join Greg Pinneo at the June 10th NorCalREIA meeting where he’ll cover:

 

  • Awareness of your current beliefs.
  • Understanding your “default systems” and adjusting those to serve you better
  • How to “question everything” so that you are in agreement with your installed beliefs
  • Discovering how possibility, intention, and proactivity join to create opportunity
  • How we can choose to install certain beliefs that will propel us to the top of our industry
  • How we can be in deliberate control of every aspect of our life

 

Greg Pinneo’s forty years as a full time entrepreneur has been a journey of awareness and discovery. His candor regarding the highs and lows connect with real people who want an extraordinary life.   Greg’s primary goal when speaking to any group is to leave them “wonderfully disturbed” with a redefined definition of what is possible. Greg will be coming back to NorCalREIA on Saturday June 20th for a full day seminar that concentrates on the “Real Estate Toolbox”.

 

Biography:

Greg Pinneo, CEO & Founder

Website: Thecorco.com

Facebook: https://www.facebook.com/Thecorcompany

Gregory Pinneo is a Northwest native and a graduate of the University of Washington. For nearly 40 years Greg has been a full time real estate entrepreneur and has become a recognized expert in acquisition, finance, negotiation, property management, and the philosophical mindset that makes possibility a reality.

Greg’s personal portfolio has included the purchase of over 500 units in over 200 different buildings. In addition, he has conducted more than 500 brokerage negotiations. Beyond resume statistics, Greg would tell you that he is most proud of the fact that he has been in the arena doing things his own way since he was eighteen years old.

Greg gave many years to the school of business at Seattle Pacific University teaching real estate investment, negotiation, finance, and principles that create success in life. Greg would count those years as some of the most fulfilling. Seeing young students “redefine possibility” is a reward like no other.

Greg has a passion for “giving back” to the profession and people in his life. He has been a keynote speaker for numerous universities, high schools, business and community organizations. In these engagements he gives entrepreneurial insights, motivational challenges and underscores the victimless mindset. From the highlights of building an extraordinary entrepreneurial empire, to summiting some of world’s highest mountain peaks, to the lows of a prison cell where he spent several months, Greg’s diverse life experience and willingness to be open about all of his history allows him to bring a very unique message. Greg’s life story is one that entrepreneurs and students alike will find unforgettable. Greg hopes in communicating his lessons learned that he can help others avoid pitfalls and face their own personal challenges with ethics, hope and encouragement.

Greg’s speaking engagements now take him throughout the United States, Canada, Mexico and the Caribbean. Greg’s experience and professionalism coupled with an incredible ability to teach, motivate and inspire has led to Greg being highly sought after challenging business organizations and private engagements throughout the world.

A natural entrepreneur and motivator, Greg gives his audiences a challenge to live a more deliberate life. His message is one of focus and possibility, as well as delivering sound tools to make these possibilities a reality in peoples’ lives. His many students and seminar participants remain in touch and look to Greg as mentor and friend.

Greg’s sustainable motivation centers around his love for his bride Shauna and his seven children.  Greg is an accomplished pilot, diver, outdoorsman, and climber.  He loves a good round of golf and a cold beer with a good friend.

July 8th when NorCalREIA hosts Aaron Mazzrillo teaching us on Wholesaling & Beyond…

Join us on July 8th when NorCalREIA hosts Aaron Mazzrillo teaching us on Wholesaling & Beyond…

     You won’t want to miss this informative presentation on

         “Ways and plays to make money in California”

 

     If Wholesaling is your goal, learn from one of the best!

 

Aaron Mazzrillo, a seriously Pro-California investor will walk you through 10 recent transactions, all with unique situations and break down each deal step-by-step. You’ll learn who he bought the property from, how he solved the seller’s problem, what he was paid for his services and how he was still able to pass along a profitable deal to his end buyer on wholesale deals and a variety of other exit strategies he utilized.

About Aaron Mazzrillo

Aaron runs a wholesaling business out of Riverside. He’s been investing in southern California properties since 2002 and is a pro-California investor. He’s well known for locking up great deals without ever seeing the properties or meeting with the sellers. He rarely even writes an offer! He mainly focuses on wholesaling and land lording because he has discovered they require the least amount of work and overhead while providing the most amount of time for fly fishing and kickboxing.

Wednesday April 8th “Avoiding the Pitfalls of Financing your Project.” The Number One Rule in Real Estate is Financing and it WILL make or break a deal!

Wednesday April 8th Bo and Mandy Snell present, “Avoiding the Pitfalls of Financing your Project.”

 

The Number One Rule in Real Estate is Financing and it WILL make or break your deal!

 

In 2010 Bo developed his own system for purchasing properties for cash at the trustee sale (courthouse steps) where he analyzed 100s of properties daily and purchased, renovated, and sold more than 20 properties over a two and a half year period. This business fine-tuned his skills to analyze deal structures that only rely on facts that are supported by accurate data and documentation. At this meeting we will cover:

  1. Five items you need to know to calculate in 5 minutes your profit including financing.
  2. Private Money versus Hard Money.
  3. How to use cross collateral to finance your deal.
  4. Is the appraisal going to make or break my deal?
  5. What do you do if you don’t have enough skin in the game, but want to get started?
  6. Make sure you account for all the fees.
  7. Do you have room in your deal for interest reserve?
  8. Can you extend my loan and how much is it going to cost?
  9. The top 5 things that can go wrong and how to be sure it doesn’t happen to you.

 

 

Vision Capital Management, Inc. – Bo and Mandy Snell

Mr. Snell’s (Bo’s) background has been in the real estate building industry for over 30 years. Bo has been the borrower or contractor on over 100 construction loans himself and understands the banking process and managing cash flow as it relates to inspections, and construction timelines. In 2009 Bo attended and successfully completed the CCIM Institutes Financial and Market Analysis classes for Commercial Investment Real Estate. Over the last 30 years he has built 120 custom homes, completed over 30 major renovation projects.

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