- Learn How You Can Turn Houses Into Cash Flowing Senior Housing
Do you Want Cash Flow Properties Here in SoCal? Learn How You Can Turn Houses Into Cash Flowing Senior Housing THIS WEDNESDAY April 10 @ LAREIA! THE BOOMERS ARE COMING… Are you ready to take advantage of the opportunity of a lifetime? Gene Guarino is the founder and the President of the RAL Academy. RALA is the premier educational resources for owners, operators and investors in Residential Assisted Living. He’s coming in person to our monthly LAREIA meeting on Wednesday April 10 and then for a half day or training on Saturday April 13. Senior housing is a “hot” topic all over the country and especially right now. With 77,000,000 baby boomers, there are millions of “future clients” that will need help. Millions of them are aging in place and the need is growing every single day. The RAL Academy shows you step by step, how to take advantage of that opportunity while providing a tremendous service to your community. Gene will share with us how to turn a Single-Family Home into a cash flow machine with Residential Assisted Living. Each home has the potential for making $5,000 $10,000 or even $20,000 per month, all while helping others and providing a tremendous service to them. That is what they call, “Doing Good And Doing Well” Your time will come… In addition to the tremendous cash flow you can earn now, you will also be creating a place for yourself to live when your time comes. By taking action now you will be saving your family or your estate, from needlessly paying hundreds of thousands of dollars to others during those crucial years. You spent a lifetime creating your wealth, why give it all away in a few years at the end? Leave a Legacy, not an empty bank account, behind. The need for RALs is growing exponentially and the capacity isn’t keeping up. Timing is key and this is it. This Mega Trend of Senior Housing is here NOW. For those that want to be “hands off” real estate investors, you will learn how to get TWICE the market rent with long term low impact tenant. As Gene says “one way or the other you will be getting involved in senior housing. Right now, you have a choice in how you participate in this unstoppable opportunity”. You’ll either be getting involved in the real estate side, the business side or as a customer. Many of you have already experienced that and understand that the need is real and cost of being in a home is incredibly high. That is either going to be a crisis or an opportunity in your life depending on the decisions you make right now. It all starts with knowledge. In the Saturday session on April 13, Gene will show you step by step: - How to turn a Single-Family Home into a cash flow machine. - How to rent your home and get TWICE the fair market rent. - How to operate the business (if you want to) AND still collect the rent. - How to make $5,000, $10,000 or $20,000 per month in NET PROFIT - How to do it all “hands off” with or without your own money. Come and meet Gene in person on April 10 at our regular LAREIA monthly meeting. And then Join Gene for a special “One Time Only” half day of training on Saturday April 13. At that special training on Saturday Gene will share the “3 Best Ways To Get Started In Assisted Living” and the “5 Keys To Success” in the industry. Pre-registration is required and space is limited. Here's a video invite Gene Guarino's Special Training for Residential Assisted Living properties: https://youtu.be/Em72Z1A71Lg (you may need to copy & paste the link)
- Peter Fortunato
The incomparable Pete Fortunato is back!!! BRING DIFFICULT DEALS AND PROBLEMS TO THE MEETING FOR PETER TO SOLVE! Peter is one of Bill’s favorite teachers and has traveled all the way from Florida. Peter Fortunato is known for having one of the most creative deal structuring minds in the business. Who else would say, “Marrying your grandmother IS a legitimate tax strategy.” :-) LOL With over 50 years of real estate experience he has taught and advised investors through thousands of transactions. No matter how many times you attend his classes or hear him speak your mind is blown. He really puts a different spin on real estate transactions - “Price vs Terms” “Seller involved Solutions” “Structure your deals in terms of Benefits, not dollars”. He lives and breathes real estate, solving the most challenging transactions. He prides himself on living his dream of being a capitalist with enough assets to live on, being home for his children when they were young. He has been inducted into the Creative Real Estate Hall of Fame and the Real Estate Exchanger Hall of Fame, and has become one of the most sought after real estate investment educators. He has been a speaker at the Legends of Real Estate and Legends of Cash Flow in Las Vegas. And in 2017 Peter was award the Rohny Award for Excellence in Real Estate by The Norris Group at the I Survived Real Estate 2017. If you truly are a player in this game, you will know Peter Fortunato. RSVP now! A short clip of Pete https://youtu.be/TCP6LKYs8NA http://www.peterfortunato.com/ About Peter: Peter needs no introduction to veterans in the field of real estate investing. He believes that transactions that you can be proud of result from carefully conceived goals and plans followed by purposeful actions and scrupulous documentation. He is respected for his clear and patient explanations of investment concepts and transactions. Peter is a libertarian and a capitalist. He believes that transactions which you can be proud of result from carefully conceived goals and plans followed by purposeful actions and scrupulous documentation. Upon graduating from high school in 1965, Peter went right into the real estate business. His motivation was his desire to be self-employed. Pete says “Almost everyone who knew me believed that I was unemployable. They were right. I still am!” Peter was excited about being free to build his business and his future. His greater goal was to be unemployed and free with enough asset-produced income to fund his lifestyle. Peter attended seminars and read at every opportunity. He sought out and learned from many mentors who unselfishly made themselves available to him. He benefited from the example and counsel of his father who encouraged him and supported him from the beginning. Pete finished college with a clientele and an investment portfolio. By 1975 his investment income had eliminated his need for fees from clients to fund his lifestyle. Peter continues to teach and to attend real estate and investment seminars and meetings regularly. He is respected for his clear and patient explanations of investment concepts and transactions. He has been building, structuring, manipulating and managing investment transactions and portfolios for more than 50 years. Peter now works only when he wants to, has been inducted into the Creative Real Estate Hall of Fame and the Real Estate Exchangor Hall of Fame, and become one of the most sought after real estate investment educators. He is acknowledged as one of the most knowledgeable and creative minds in real estate investing today.
- Kristi Cirtwill - Three Strikes Against Her to Start... And She Succeeds Anyway!
Alhambra/San Gabriel Elk's Lodge$20.00
Kristi Cirtwill - Three Strikes Against Her to Start... And She Succeeds Anyway! I've observed Kristi's real estate career from a distance. Actually, I do that with most everybody. In her case: she a woman (face it, in business, most people consider that handicap) (strike 1), she started while working at a full-time JOB (strike 2), and finally, she's a foreigner (steeeerike 3). Despite these handicaps, and considering that she spent a lot of money on her real estate education (strike 4?), Kristi has successfully made a career in real estate. It's been mostly fix-n-flips however she's does other projects too. - She's not going to sell anything. - She's not a professional speaker. Kristi is openly sharing with us: - current strategies to get deals - recent deal examples - sharing information on opportunities of ADU's (granny flats) and other value-add opportunities Here are some questions you might ask her: ? Ask her what she means by: "flipping is a high paying JOB!" ? Ask her about her best deal; worst deal ? Her best lesson learned ? Ask her about BNI & networking ? Ask her how she evaluates deals ? Ask her why she doesn't shop around for bids with contractors ? Ask her about her marketing and BNI for getting started quickly ? Why and how she uses a day planner for staying organized ? How to develop credibility ? Maybe ask her about partnerships. Probably not. And besides all that; she's really nice!
- Chasing the Cheese: Strategies for finding value in a Shifting Market
Alhambra/San Gabriel Elk's Lodge$20.00
Kathleen Kramer - Chasing the Cheese: Strategies for finding value in a Shifting Market Kathleen Kramer is back! The market is shifting, what are smart investors doing now to prepare for the next phase of the cycle? Where to find value in today's market? Come and listen to Kathleen Kramer with her marvelous market update! About Kathleen: Kathleen Kramer has closed over 2500 transactions for more than $1 billion in volume in her 20+ years as a licensed Real Estate Broker and Mortgage Originator. She and her husband, Michael, have personally invested in SFRs, Multi-Family, Commercial Office, Land, Syndications and Distressed Debt in several states. Today, Kathleen has two businesses: a Multi-Family and Commercial Real Estate Brokerage and a Residential and Multi-Family mortgage company. Kathleen and her team specialize in real estate investment and finance solutions for clients with complicated tax and entity structures, but comments she ‘will close the easy ones, too!’ Kathleen earned a degree in Business Economics from the University of California at Santa Barbara in 1990. She holds certifications in Commercial Real Estate, Private Lending and Mortgage Planning. She is a regular speaker at the Orange County Real Estate Investor Association, providing monthly economic and local Real Estate market updates. She enjoys teaching classes on due diligence and coaching her clients on moving up from single family to multi-family investing.
- Robert Fragoso! Adjustments You Can Make for a Successful 2019
Alhambra/San Gabriel Elk's Lodge$20.00
The Incredible Robert Fragoso is coming to present to LAREIA! When he speaks... YOU SHOULD LISTEN! "Adjustments You Can Make for a Successful 2019" It's pretty clear the market is shifting. Taking the time now may save you tens of thousands of dollars next year. Know the changes that could make you more money that others gloss over and more importantly the changes that could cost you. - Turn negative issues in the market to opportunity - Niche Opportunities - An Easier Way to find Real Deals - Time Wasters which Cost You Money and How to Avoid Them About Robert: Robert Fragoso was exposed to real estate investing at an early age. His natural acumen has allowed him to be a successful private real estate investor since the early 1990s. With over 25 of years experience on both sides of a real estate transaction, his ability to identify untapped opportunities, combined with his expertise in maximizing the potential value in properties, remain fundamental in fostering success. Today, he embodies a true love of the real estate business, embracing new techniques and creating win-win opportunities as well as assisting others tap into opportunities they could not otherwise find without his expertise. Robert's experience includes syndicating apartment buildings, business development, networking, fixing and flipping homes, purchasing at trustee sale and spending 16 years of his career helping to build Anchor Loans as the lead originator for the company helping 100's of investors expand their business and increase their yields through real estate investments. His experience has given him a unique outlook which crosses many boundaries as he has seen and participated in over 10,000 transactions. This helps other in communication with him to avoid many of the pitfalls accompanied with real estate investing.
- Ward Hanigan, The One, The Only! Plus a 2019 Tax Update from from Tony Watson
Alhambra/San Gabriel Elk's Lodge$20.00
Ward Hanigan, The One, The Only! The Legend in Our Minds! Plus a 2019 Tax Update from from Tony Watson of Robert Hall & Associates, CPAs Just know that Ward is "The Man" that EVERYONE goes to for help with problems in real estate, foreclosure, trusts, etc. We will start off the program with Tony Watson of Robert Hall & Associates, Tax Consultants. Tony will give us a tax update for 2019. You need to know the changes to the tax laws in order to effectively plan to minimize any tax liability BEFORE the year's end. And we will end the evening with the one-and-only (thank goodness) Ward Hanigan. Ward is the person that ALL the gurus go to to get their questions answered!!! Me too! His presentation, Tons of Niches (used to be Sons of Niches & was funnier), will show you real estate niches that most of you NEVER heard of. AND HOW TO HOLD TITLE!!! If you read our weekly LAREIA Saturday Summary, you'll notice that I am always referring to possible profitable real estate niches. Large amounts of money are made by people that specialize in specific real estate specialties and become the expert in those niches. Ward is going to serve up a smorgasbord of niches for you to consider. And he is providing all attendees with a 9 PAGE HANDOUT of information. How many speakers have ever done that! I can count them on one hand in over 27 years of presentations!!! Be there or be square! AND REMEMBER! WE HAVE THE ROOM TO 11 PM AND THE BAR IS NOW OPEN TO US FOR ADULT BEVERAGES... AFTER THE MEETING. About Ward Hanigan: Since 1970 Ward Hanigan has worked in the real estate field full-time. His first real estate position was with Countrywide Funding as a field loan solicitor for 2 years. He then struck out on his own and got his real estate license. For the next 10 years he specialized in the apartment brokerage business...buying, selling, and managing apartment buildings for investors. When that market cratered in 1982 (due to excessively high interest rates) he switched gears. For the next 24 years he focused exclusively on flipping foreclosures that he bought at local, courthouse auctions (Trustee Sales). During that time he bought, fixed up, and re-sold about 500+ foreclosure properties, parlaying his initial grubstake from $86K into seven figures. As a consequence, Ward is THE most knowledgeable and well-known foreclosure expert in Southern California–not only due to his expertise, but more importantly, his willingness to fearlessly train newbies. He has personally trained about 1,800+ individuals, one on one, on the intricacies of raising cash, title searching, rehabbing, and reselling foreclosure flippers. In addition, over the years he has taught a large number of individuals on the methodology of holding title to real estate in a title holding trust for anonymity reasons. In 2015, at the annual “I Survived Real Estate” event, the Norris Group presented Ward with the prestigious Rhony Award. The Rohny is a lifetime achievement and mentorship honorific, which lauds distinguished individuals who have elevated the real estate investing profession with their outstanding leadership, and willingness to share their knowledge and work with others. Ward continues to offer private, hands-on trainings at his San Diego office and continues adding to his growing collection of Dingbat rental houses in California and Arizona. About Tony Watson: Tony Watson is an Enrolled Agent who focuses on providing personalized financial guidance and tax preparation services to individuals and businesses. In addition to his one-on-one client work, Tony Watson is the keynote speaker for Robert Hall & Associates. He speaks on various tax related topics at over 100 engagements throughout California each year. His dedication to his clients and expertise in the field of taxation lead him to win the Glendale Reader’s Choice Award for Best Tax Preparer in 2016. When not preparing taxes or speaking at an event, Tony enjoys reading books and mixing music.
- Looking back on 20 years; The Hidden Traps of Multi-Family Investments
Alhambra/San Gabriel Elk's Lodge$20.00
Looking back on 20 years; The Hidden Traps of Multi-Family Investments by Ellis San Jose Have you been told, “Start with single family homes then move up to apartment buildings, that’s where the real money is”? Ellis San Jose, full-time investor & co-founder of FIBI, will share his 20+ year journey discussing: - The Good about apartment investing - The Bad about apartment investing - The Ugly about apartment investing - Solo Investing vs. Syndications - Active Investing vs. Passive Investing - Financing - 1031 exchange - Due Diligence - Management - Condo-conversions - and Especially, the IMPORTANT NUGGETS OF WISDOM his mentors shared. About Ellis: Ellis San Jose is full-time investor, licensed real estate broker and investment advisor in Westlake Village, California. Recognized as an expert on real estate, trust deed and note investing, he has been interviewed by CNN Money Magazine, appears in the book FLIP from the national best-selling “Millionaire Real Estate” series, and is also a featured lecturer at UCLA. Ellis is passionate about sharing the story of his journey from working as a stockbroker and trusted investment advisor, and his transition to becoming a full-time real estate investor. Ellis spends his time buying and selling real estate and notes, advising select investment clients and, serving as a board member for FIBI (For Investors By Investors), a nationwide mastermind network of investors he co-founded in 2007.
- David Tilney - The Safest Way to Build Real Estate Cash Flow
Master Lease Options - The Safest Way to Build Real Estate Cash Flow We are so fortunate to have David Tilney speaking at our LAREIA meeting September 12! He is a sought after nation-wide speaker and teacher. GURUS come to HIS CLASSES! Here's what David is going to talk about: A Master Lease (ML) is a lease from a landlord to a tenant, followed by a sublease by the tenant to another sub-tenant or occupant. A master lease does not have to include an option to purchase the real estate. • Achieve Financial Freedom Without Taking On Debt - Net positive cash flow (after lifestyle cost) is what sets us free. Leasing property with the right to sublease is a great way to generate that cash flow and there is no ‘one size fits all.’ • Acquire Some Of The Benefits Of Real Estate Without Ownership (RE benefits as listed in Peter Fortunato’s “Paper Course”) - Income (listed above) - Tax benefits: - Profit: Can sell or sub-lease ML interest (Keyper-Caravan & Joe West-Jack Miller) - Growth - Management: Allows you to manage your sub-tenant (the owner manages you) - Use: You have the right to use; however, if sub-leased this right is given away - Amortization: Only available if coupled with an option on owner’s equity - Security: Master tenants can borrow against well secured long-term leases • ‘Test Drive’ Properties Before You Buy • Consider Adding Master Leasing To Your Real Estate Investing Toolbox - Little or no capital needed - Less risk than ownership if property values drop - Income is passive and can increase over time - All rent paid by Master Tenant is deductible - Works anywhere and with better houses than you could afford to purchase - Control property without ownership • Is There Any Downside To Master Leasing? NONE - if you know how to manage! - Know and comply with applicable laws - Screen for the best tenants - Share expectations • Change Your Management Paradigm to Maximize Your Real Estate Results. - Tenants are the assets, not the real estate. - They are the solution to meeting your goals, not the problem. - They are your on-site resident managers. • Good Management is the Key to Master Leasing, as it is also to Long-term Real Estate Ownership - Income is not based upon the time you spend managing. - Income is not based upon your ability or willingness to work. - Management proficiency allows you to acquire ‘burned-out’ landlords’ property. - The management skillset provides you an asset you can use to negotiate equity positions with financial investors. - Your skill set can help unintentional landlords solve problems. Managing properties fits the ELF formula (easy, lucrative & fun). Have fun! About the speaker: David Tilney has owned and operated single-family houses for 38 years. He understands that real estate, if vacant, is not an asset but a liability. He also believes that his tenants are his greatest assets. David views his tenants as his on-site resident managers who are compensated with good long-term housing. Empowering tenants has allowed David and his wife, Mary, to spend 8 months each year in Naples FL and 4 months in Colorado Springs, without the need for any employees. In 1984 David became a tenant and rented a house for 35 years, which he then sub-leased for a profit. By the end of 1996 David had leased and sub-leased over 100 houses. This business model has been so successful that one of his daughters and her husband support themselves and their family doing the same thing, as do many others who have studied and learned David’s systems. John D. Rockefeller once said, “Own nothing, but control everything.” David has found master leasing to be a great way to control most of the benefits of real estate without all of the liabilities.
- Andy Teasley on Wobbly Boxes! Deals you can do today with very little cash
Alhambra/San Gabriel Elk's Lodge$20.00
Andy Teasley on Wobbly Boxes! Flipping Mobile Homes Deals that make sense are very hard to find right now, prices are increasing, and buyers are still being very selective and cautious. Andy Teasley will teach an underserved section of real estate investing that still makes sense today. Based on his 20 years or investing experience and on his mentors much longer experience, this technique can consistently generate yields of over 35%. - How to find and flip a house when you have very little cash - How to create notes that generate a 40-60% yield - How to double your investment funds in 60-90 days - Stop fishing in a pool full of other's poles - Use your IRA contribution to grow a tax-free retirement
- Paige Panzarello - Learn How to Be the Bank (Notes)
Paige Panzarello - Learn How to Be the Bank (Notes) Discover Your Power and Control by Investing in Notes! Don't Miss Out On Learning: -How to create real wealth with Real Estate backed Non-Performing Notes -Where to find more capital to fund your deals -How to maximize your success in your Real Estate Note business -How to avoid pitfalls that could hurt your bottom line -How to create a steady stream of continuous passive income -The hidden power of Real Estate Note Investing -How to be the bank, and make money the way banks do!!! You are not going to want to miss this amazing presentation! About our speaker: Paige Panzarello is the “Cashflow Chick”. Having been a Real Estate investor and entrepreneur for over 20 years, Paige has experienced many facets of real estate investing. Her experience includes founding and running her own Residential and Commercial Construction and Acquisition companies, Buy and Hold residential and commercial real estate investing, Tax Deeds/Liens, and Fix and Flip, to name a few. She currently focuses on Non-Performing Notes that she purchases all across the United States. Whether in notes, residential or commercial real estate, in California, Arizona, or nationwide, Paige has been successful in completing over $150 million in real estate transactions to date. She has been a regularly featured guest on “The Cashflow Guys” podcast, and you can also find her on the “The Note Closers Show”, “Cashflow Ninja”, “Secrets to Real Estate Investing” and “Real Estate Investor Goddesses” podcasts, to name a few. Paige is a Founding Member and the Vice President of WREN, the Women’s Real Estate Network, which currently has chapters across the West coast, and is expanding rapidly across the United States. Paige teaches the “Building Wealth with Notes” Workshop that drills down into the details of how to buy Non-Performing Notes, what to look for, due diligence to perform, and how to mitigate risk. Having experienced the hardship of economic downturn, and what she calls “a very difficult learning experience”, Paige knows first-hand how “life can happen” to everyone. Her company was founded to help people in distress. Paige is also driven to help educate people on the importance of passive income, deal evaluation, money and debt management. She wants everyone to elevate their situation and become free of dependence so that when “life happens” they will be ready not broken. Whether it is improving communities one house at a time, helping borrowers stay in their homes, or working with other investors to learn a new way to potentially earn higher investment dollars for their retirement years, Paige is dedicated to helping people improve their lives in every way. She lives by the motto, “People first, profit second.” For more information about Paige, the workshop, or the Cashflow Chick Community, please go to www.CashflowChick.com and www.BuildingWealthwithNotes.com.