November 12, 2009 6:30 PM - 105 attended

Make Up Meeting For: How to Buy Bank Owned Property BEFORE They Hit the MLS

This location is shown only to members

NOTE: We are trying to coordinate a question and answer session before the start of the regular meeting. More details to come.


Special Q/A Session with Andy Heller 5:30
Registration 6:30
Meeting Time 7:00 to 8:30


40% of ALL PROPERTY sold in the United States last quarter were bank-owned properties (REOs). Come to SSIC's November 12th's Meeting and learn from the nationwide expert in bank-owned properties how to get RICH in today’s market when you learn how to buy bank-owned properties.


"Getting Rich in today’s market with bank-owned foreclosures and ‘rent-smart’ lease options”

Presented by Andy Heller of Regular Riches: Real Estate Riches for Regular People

There are literally hundreds of wealth-building strategies available for real estate investors. Some are more lucrative than others, and many are simply way to much work for the money that an investor hopes to make. Fortune Magazine is arguably the leading magazine in North America today that teaches people how to make money. “Regular Guy” Andy Heller, will show you why of the hundreds of wealth-building formulas, Fortune Magazine recommended Andy Heller’s “Buy Low, Rent Smart, Sell High” strategy among the top five recommended strategies for real estate investors.

Andy and his story will inspire and connect with you, as it is a “regular guy” get rich story. Like so many of us, Andy started investing part time, pulling aside a few hours each week for his hobby. The lack of success of Andy and his partner Scott’s “buy and flip” plans led them literally by accident to a goldmine called buy low, rent smart, sell high.

When Andy and Scott found buying properties from distressed sellers to be tedious, hard work, and depressing they discovered by accident a hidden gem in the foreclosure process…BANK OWNED REAL ESTATE. With bank-owned real estate an investor is able to purchase MULTIPLE PROPERTIES from single sources, without emotions, and with clean and clear title.

Once purchased, when Andy and Scott were then unable to flip their first home after 9 months on the market, they modified the typical lease/purchase deal to come up with their unique rent smart and sell high formula. Their SHORTEST lease is 3 years, and each of their tenants (gladly) accepts responsibility for repairs and maintenance. High turnover, nightmare tenants, and lengthy vacancies are non-issues when you “rent smart”

How profitable is their formula? The last home Andy and Scott sold required about 20 hours of effort, and netted a profit of $57,400. That is $2870/hour. But don’t leave your day job just yet. Come hear Andy speak and he will cover:

• Why Fortune Magazine recommended the Buy Low, Rent Smart, Sell High program
• Why today’s COOLING market is a RED HOT opportunity for investors
• Buying Low: Learn about the untapped fortunes with bank-owned real estate
• Why especially today bank owned properties offer investors of all means unlimited deals
• WHY ESPECIALLY TODAY AN INVESTOR CAN MAKE ENORMOUS PROFITS BUYING BANK-OWNED FORECLOSURES!!!
• Why bank-owned properties may be the best SOURCE for investors who have limited cash and/or credit
• How to calculate the EXACT price you need to buy properties at in order to maximize your profits
• What types of properties can you buy from banks
• Why a MOTIVATED tenant is the key to landlording fortunes
• How the “typical” lease options minimize, not maximize, an investor’s profits
• How to make a fortune in real estate AND help your tenants at the same time
• How to sell for top dollar WITHOUT paying real estate commissions
• Achieve your REGULAR RICHES: Real estate fortunes for regular people…without the hassles

Andy will explain why the “Buy Low, Rent Smart, Sell High” strategy is specifically positioned to take advantage of two dominant characteristics of today’s real estate market. First, on the buying end, we are seeing record foreclosures, and the lucrative post-foreclosure market has been their favorite hunting ground for deals for close to 20 years. Secondly, on the marketing end, their unique lease/purchase strategy positions today’s investor to take advantage of a rapidly strengthening rental market.

Andy Heller is a nationally recognized real estate expert, and has been interviewed and prominently featured in respected publications including Kiplinger, WallStreetJournal.com, TheStreet.com, Personal Excellence, Money Magazine, and MarketWatch.com.

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105 attended
4.00 4.0010 (10 ratings)
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$75.00 or 10/meeting 1stTIMEFREE

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Rebecca Meier with Continental Title

Handling all title issues from REO Properties to Short Sale Transactions

Fred Middlekauff / Crawford Butz Ins.

23+ years experience in Personal & Business Insurance

The Nick Baur Home Selling Team

St. Louis Metro Area, your home sold or I'll buy it!* Call for details!

Equity Missouri

Broker support and Low Fees for Realtors in the Saint Louis area!

Loan Sum

Hard Money Loans.... FAST!!!

Hallmark Complete

Hallmark offers insane discounts on high quality materials for rehabbers

BGP Buyers Protection Group

Home Warranties for you and your buyers, Plus Great Home Inspections!!

HomesForRehab.com

Your source for wholesale deals!!!

REI Funding

Short Term Loans For Real Estate Flips - Funding For Up To 35 Days

Michael Barletta/Home Guard Pest

Home Guard Pest Elimination is one of the area's leaders in pest control

Mark Anthony Group

Rehab/Rental Home/Auto Insurance Options at Great Rates! 314-799-9962

Griffin Appraisal

Appraisal company specializing in investment property appraisals

REIBlackBook.com

Your source for ALL investor tools you'll ever need!

Zoom Loss Mitigation

Experts in negotiating Short Sales for you and your clients!

EZ Data Group

Your source for the BEST leads in Real Estate.

FixMyCreditSTL

Good Credit is Just a Click Away

Strategic Property Advisors

Short Sale Loss Mitigation Services

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