Next Meetup

Illinois REIA Madison County / Riverbend Meeting
Second Thursday of the Month - Madison County / Riverbend Meeting Guest Fee: $ Free First Time Guest $10.00 Second Time Guest $20.00 Returning Guest Topic: Special Needs Housing Speaker: Chance Belleza Advance Tickets and Registration click Here 5:30 Networking and registration 6:00 Dinner on your own 6:30 Alton Fair Housing Legal Defense Fund. This is a Not for Profit with the goal of building a coalition of like minded individuals and filing a class action lawsuit against the city of Alton to end landlord licensing and warrant less searches in Madison County and then Federal Court. 6:45 Buy Sell Trade 6:55 Benefit of the month 7:00 Key Note Speaker: Topics include landlording, Property Management, Real Estate Investing, cash flow, purchasing, renovating, legislation affecting landlords, and many more topics all geared to help our bottom line. Our guest speakers' expertise includes insurance, purchasing/financing, good screening practices, rehabbing, plumbing, roofing, and many other topics. Come Early and network. The Illinois Real Estate Investors Association, Inc. (Illinois REIA) offers Real Estate Investor Training under the Professional Housing Provider designation established by the National Real Estate Investors Association. This training is valuable to both new and experienced real estate investors and is offered in Marion, IL on the second Tuesday of each month. This is a 36 month educational cycle leading towards the student receiving the “Professional Housing Provider” (PHP) designation. Students will participate in a combination of classroom participation and online courses totaling 62 hours of training. All classes are provided under the guidance and outlines set forth by the National Real Estate Investors Association, Inc. (National REIA) National REIA confers the PHP designation to students all across the United States. Students can attend the Mid Year Leadership Conference and recieve their designation on the national stage or at their local association. Members of the Illinois REIA can attend the monthly classroom training at no charge. Guests may attend the classroom training for $10.00 per class to see if it is what they are interested in. Only members of Illinois REIA a Chapter with National REIA can earn the PHP designation. Membership in Illinois REIA is $100.00 per year per person and can be paid annually or monthly. What is a National Professional Housing Provider? The National PHP designation is a nationwide education-based certification program designed to recognize the high level of knowledge and professionalism among the designation holders. It is sponsored and overseen by the National Real Estate Investor’s Association. Why obtain the National PHP designation? Only persons completing the educational requirements will be permitted to hold themselves out to the public as a Professional Housing Provider. The designee will be recognized in the form of an award certificate, pin and the right to use the designation on business cards, web sites and other public domains. He or she should recognize that having a basic education in the topics outlined below will increase his or her ability to reach his goals in real estate investment. In addition, National REIA and the PHP program raise the investors level of professionalism and status in the eyes of the public and government. It also aids in encouraging legislators to think of educated investors as a larger group for political action. Other tangible benefits, including discounts on courses and educational materials, will be available as the number of graduates grows How will I obtain these hours? These hours may be obtained through local association meetings and seminars or through courses taught outside of the local groups. All outside courses and seminars must meet the following requirements: they must be taught live or online; they must be pre-approved by the National PHP committee; and they must provide a certificate of attendance acceptable to the National PHP committee. Course of Study The course of study will be divided into 42 clock hours of core courses and 18 hours of elective topics for a total of 60 hours of formal education. The core topics are as follows: Appraisal 2.00 Hours Including formal appraisal methods (cost, income, and replacement method), PACE instruction, how to compare properties, etc. ________________________________________ Contract Law 3.00 Hours Including basic contract law; using contracts and clauses to protect yourself, developing contracts such as leases, options, purchase contracts, etc. for the real estate investment business ________________________________________ Ethics 1.00 Hours Including enacting and actual use of national, state, local, and personal business ethics statements, policies and practices ________________________________________ Fair housing Law 2.00 Hours Including federal, state and local fair housing regulations ________________________________________ Finance 6.00 Hours Including conventional financing, FHA/VA financing, owner financing of all types; comparing financing, offering financing ________________________________________ Inspections 2.00 Hours Including pre- and post- purchase inspections and pre- and post- move-out inspections of properties held. ________________________________________ Insurance - Liability 1.00 Hours Including why and how much ________________________________________ Insurance - Property 1.00 Hours Including what type of property insurance is appropriate for investment property; negotiating for the best rates and renter's insurance ________________________________________ Insurance - Worker's Compensation 1.00 Hours Including when, how and for whom to carry worker's compensation insurance ________________________________________ Management 4.00 Hours Including record keeping; dealing with tenants; maximizing cash flow; and others ________________________________________ Marketing 2.00 Hours Including how to market properties for sale and for rent; how to market buying services ________________________________________ Negotiation 3.00 Hours Including negotiating with sellers, buyers, renters, contractors and vendors, banks, etc. ________________________________________ Purchasing 2.00 Hours Including finding deals and calculating profitability ________________________________________ Regulations - EPA 1.00 Hours Including regulations affecting real estate investment such as lead paint regulations, wetlands regulations, underground storage tank regulations, Environmental Quality Zone regulations, etc. ________________________________________ Regulations - Federal 1.00 Hours Including regulations affecting real estate investment such as lead paint regulations, wetlands regulations, underground storage tank regulations, Environmental Quality Zone regulations, etc. ________________________________________ Regulations - Local 2.00 Hours Including zoning and building codes. ________________________________________ Rehab - Classroom 2.00 Hours Including estimation, which projects will pay for themselves, etc. ________________________________________ Rehab - Hands-on 2.00 Hours Including actual hands-on opportunities and demonstrations ________________________________________ Tax Law - Income 1.00 Hours Including calculating and minimizing taxes, and tax laws as they affect the real estate investor ________________________________________ Tax Law - Other 1.00 Hours Including property taxes, 1031 tax deferred trades, etc. ________________________________________ Tenant-landlord Law 2.00 Hours Including landlords' and tenants' responsibilities, evictions, etc. ________________________________________ Elective Items The remaining 18 hours may include further education in any or all of the above topics, as selected by the National PHP candidate.

Polly's Restaurant

15 S. Stanley Road · Cottage Hills, il

What we're about

Illinois REIA - Madison County - Riverbend meeting.

This meeting is for Landlords and Real Estate Investors who Buy, Own and Rent real estate in Saint Louis and the Metro East Saint Louis areas.

Do You Know .... How to Properly Screen for good tenants? What Forms you need to avoid huge fines? What type of Insurance you should have? We are a group of seasoned landlords willing to help you learn these things ... and more!

Second Thursday of the Month – Alton / Riverbend Meeting

https://www.meetup.com/IL-REIA-Riverbend/

Where: Polly's Restaurant 15 South Stanley Road - Cottage Hills, IL 62018

Second Thursday of the Month - Madison County Meeting

Guest Fee:

Free First Time Guest

$10.00 Second Time Guest

$20.00 Returning Guest

Topic: Choosing the right paint

Speaker: Micheal Banker PPG Paint Territory Manager

Advance Tickets and Registration click Here

5:30 Networking and registration

6:00 Dinner on your own

6:30 Alton Fair Housing Legal Defense Fund

6:45 Buy Sell Trade

6:55 Benefit of the month

7:00 Key Note Speaker Topics include landlording, Property Management, Real Estate Investing, cash flow, purchasing, renovating, legislation affecting landlords, and many more topics all geared to help our bottom line.

Our guest speakers' expertise includes insurance, purchasing/financing, good screening practices, rehabbing, plumbing, roofing, and many other topics.

Did You Know that Illinois REIA has four Meetup.com sites?

1. Main Site: https://www.meetup.com/IL-REIA/

2. Alton/Riverbend Site: https://www.meetup.com/IL-REIA-Riverbend/

3. Marion, IL Site: https://www.meetup.com/Illinois-REIA-Carbondale-Marion/

4. Saint Louis, MO Site: https://www.meetup.com/Missouri-REIA/

Check out our website at http://www.ilreia.com to see all the benefits of membership.

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