Join us for a Panel Discussion with successful local investors, contractors and agents, Laurel Sagen, Gordie Mc Carty and Mike Gobbi to learn what’s happening TODAY and what we can likely expect TOMORROW in our local Sacramento real estate market. Is there something new, what’s worked and as well as “things to avoid” in our Real Estate market.
See you on Second Wednesday, October 12th
When: Wednesday October 12th
Meeting before the meeting from 6:00 PM – 6:30 (all are welcome)
Networking 6:30 PM – 7:00
Meeting from 7 PM – 9:00 / 9:30
Members are FREE
$25 for non-members register @ www.NorCalREIA.com
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Bo and Mandy Snell present, “The Pitfalls of Financing your Project.”
Number One Rule in Real Estate is Financing and it will make or break a 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:
Five items you need to know to calculate in 5 minutes your profit including financing.
Private Money versus Hard Money.
How to use cross collateral to finance your deal.
Is the appraisal going to make or break my deal?
What do you do if you don’t have enough skin in the game, but want to get started?
Make sure you account for all the fees.
Do you have room in your deal for interest reserve?
Can you extend my loan and how much is it going to cost?
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.
Save your seat for this amazing event on the Second Wednesday February 11th. Old timers and Newbies alike will learn from the experience and success these speakers have created. Dave Wilson alone has 45 years of experience Real Estate investing.
Fixing, Flipping and Holding. Old timers and Newbies alike will learn from the experience and success these speakers have created. Dave Wilson alone has 45 years of experience Real Estate investing. Dave, Gordie &Bo
Gordie McCarty / Bo Snell:
Learn the Financial Pitfalls that make or break a project.
Bo will share his excel spread sheet he created to analyze deals in 5 minutes.
Five items you need to know for calculating your profit in 5 minutes, including financing.
What do you do if you don’t have enough skin in the game, but want to get started?
Do you have room in your deal for things that happen? They WILL happen.
The top 5 things that can go wrong and how to be sure it doesn’t happen to you.
Dave Wilson:
Looking Back at 45 years of Real Estate Investing
Investing for the long term-safely
How to keep your money safe
Come to participate if you are an old timer or just beginning to invest in Real Estate.
The trials, triumphs, pay checks and the joy of land lording.
We will discuss creating “Cash Flow Streams” and “Tax-free” investing.
Learn how to BUILD your net worth through income and equity growth.
Please make note our next meeting is on the “FIRST” Wednesday, January 7th 2015.
Please make note our first meeting in 2015 we are on the “FIRST” Wednesday January 7th.
Join us on the “FIRST” Wednesday January 7th 2015 for one of our favorite speakers.
Richard Kelly
Richard shares his success and teaches how to:
Create success in your real estate business by getting out of your comfort zone
— breathe deep and jump in!
Richard Kelly is a top investor who’s grown his real estate business in the Bay Area. His focus is doing real estate right: keeping it simple and profitable by flipping some, keeping some, and making sure there’s lots of upside.
He’s always learning — and he has lots of new experiences that will make you big money and save you big money, too.
How to find high-profit deals
How get succeed, even if you have little to no money for investment
How to owner financing can super charge your deals
Getting outside your real estate comfort zone — the good, the bad and the ugly!Richard’s been a full-time real estate investor for the past 10 years. Before switching into investment, Mr. Kelly worked was a journalist for 12 years. He has a BA in Economics and an MBA in Finance.
