50 THINGS YOU NEED TO KNOW ABOUT FORECLOSED PROPERTIES, especially if you want to buy them!!
"Investors are drawn to foreclosures like bugs to a light. Problem is that many don't know the light is sometimes a bug zapper! "
Foreclosed properties represent one of the greatest opportunities to build equity and wealth in today's changing markets. Foreclosed properties present fantastic opportunites for Cash Flow. Some properties lend themselves to Quick fixes to build Equity. Some are ideal for Flips. Others ideal Buy & Holds. Today, homes are being sold for pennies on the dollar and the right buy can bring a bundle.
But there are issues...clouded titles, unknown occupants, undisclosed defects, deferred maintenance, financing complexities, lopsided contracts, overlapping jurisdictions, countermanding claims. What you don't know about foreclosures can cost you a bundle.
Foreclosed properties are not monolithic. There are literally thousands of potential foreclosure scenarios with different platforms, guidelines, documents, processes and strategies.
Bryan Young, Broker of Young Realty Group, LLC and President of STLIPA will host a an interactive presentation on the essentials of buying foreclosed properties. We will talk about what foreclosed properties are and aren't, how to analyze and spot a deal, how to analyze the risks and how to make money!
If you want to buy foreclosed properties, you can't afford to miss this presentation.
Bring your questions an be prepared for a fun and informative and profitable experience with Bryan Young. He will answer your questions and help you understand the real inside workings of foreclosures in Missouri. This is a no-holds barred interactive discussion that you can not afford to miss!!
THIS IS FREE TO PAID MEMBERS AND FIRST TIME GUESTS
LEGISLATIVE and MARKET UPDATE:
Just as it sounds, learn more about the local St. Louis Market and the GOOD, BAD and UGLY of key legislation working through Congress, the General Assembly and local City Halls...this is economic preservation folks, so you have to attend.
JOINT MEMBERSHIP DEALS AVAILABLE WITH STLIPA AND TWO OTHER MEMBERSHIP GROUPS...SEE BRYAN YOUNG FOR DETAILS...
If you are a landlord and investor, or are just thinking about investing in real estate, we encourage you to check us out for FREE.
The STLIPA monthly member meeting is FREE to paid members and first time guests, and includes a light snack/food and drink...we have weekly networking lunches at Cecil's on South Grand...we have our members only website and newsletter....we also have a family friendly Annual Picnic in June and Christmas Party in December (nominal ticket price). If you join STLIPA (and we think you would be nuts not to) our annual dues are JUST $50 for YOU and YOUR BUSINESS PARTNER/LIFE PARTNER/SIGNIFICANT OTHER/SPOUSE. Just another way we give lots of value for $50 per year. Join two other Meetups - 695 and 520 - for just $50 more annually...See Bryan Young for Details...
Call with questions to[masked]-1221.
When: Wednesday, MARCH 19, 2014 from 7:00 PM to 9:00 PM
Where: Southern Commercial Bank
4914 Gravois Avenue
St. Louis, MO 63116
This Meetup repeats on the 3rd Wednesday of every month.