Behind the Numbers with Ben Leybovich - Creative Financing, Cap Ex & Repairs

This is a past event

28 people went

TOZ Gangnam

1307-26 Seocho-dong, Seocho-gu, Seoul · Seoul

How to find us

http://www.toz.co.kr/branch/main/index.htm?id=10

Location image of event venue

Details

(At the bottom, you'll see info on how you can win a 25,000 W gift certificate at our next event!)

Hi Real Estate Entrepreneurs,

(NOTE: I updated this. After talking with Ben Leybovich, we decided that in addition to creative financing, there'll be a lot of value in discussing Cap Ex and the 'real numbers' behind repairs and expenses.)

If you're new to real estate investing, you may not know about a concept known as 'Creative Financing' - that's where savvy investors are able to purchase properties using none of their own money.

Our next guest is an expert in the field of Creative Financing and he's been using creative financing to build his own real estate portfolio, including a 10 unit building worth $373,500 that he purchased for $5,300 (http://justaskbenwhy.com/wp-content/uploads/2015/07/Case-Study-Transforming-Financials-of-Apartment-Building-in-2-Years.pdf).

He will also discuss his analysis of Cap Expenditures and why buying cheap houses might lead to disappointing results.

BIO:

* He's a three time guest of BiggerPockets's Real Estate podcast and also blogs on BiggerPockets regularly.

* He's been a guest on Grant Cardone's Podcast - "The Cardone Zone"

* And he's has his own website: http://justaskbenwhy.com/ where his courses are regularly 'waitlisted.'

The Seoul REI Meetup is proud to welcome Ben Leybovich as our next guest!

(This is one you won't want to miss!)

TIME: Saturday, Oct 17, from 1p-3p

LOCATION: TOZ Gangnam

RSVP BY THURS, OCT 15, AND SAVE 40% OFF THE ENTRANCE FEE (6,000 W instead of 10,000 W)

More about the Seoul Real Estate Investing Meetup:

* Are you interested in learning how to invest in real estate, but not sure where to start?

• Are you looking for new strategies to increase your current investments?

• Do you enjoy spending time with growth-oriented individuals who will help encourage and support you in your real estate dreams?

If so, make sure to attend the next Seoul Real Estate Investing Meetup on:

Saturday, Oct 17, 1-3p

At our meetups, you will hear from REAL INVESTORS and connect with INVESTORS who are investing all over the world including:

The US, Korea, Hong Kong, The Phillippines, Taiwan.. to name just a few places.

At each meetup, we have a completely open Q&A where members are free to ask whatever questions they want to our featured speakers.

Our Meetup has been mentioned on several occasions during the BiggerPockets Podcast, Itunes #1 Ranked Real Estate Podcast with over 30,000 subscribers (http://www.biggerpockets.com/renewsblog/category/podcast/).

With over 300 Members, we are one of the largest business-oriented Meetups in Korea.

Our Meetup members are here to support each other by sharing resources and advice on general contractors, real estate agents, neighborhoods to buy in, etc.

Additionally, we have plenty of space and provide time for members to mix and mingle to strengthen your own personal networks..

If you'd like to learn more about our past meetups, check out some of the recaps or videos below:

2015 RECAPS

June (http://www.biggerpockets.com/forums/223/topics/204830-247-members-and-climbing---we-bring-chris-clothier-to-korea-to-talk-turnkeys-and-his-biggest-mistake)

May (http://www.biggerpockets.com/forums/223/topics/198034-what-do-brandon-turner-josh-dorkin-ali-boone-engelo-rumora-and-matt-faircloth-have-in-common-international-speaking-experience)

April (http://www.biggerpockets.com/forums/223/topics/191695-from-3-to-197-the-story-of-how-we-grew-our-meetup-while-investing-overseas?page=1#p[masked])

Mar (http://www.biggerpockets.com/forums/223/topics/185201-what-began-as-3-people-is-now-165-how-a-meetup-supercharged-our-networking-and-connected-us-with-experienced-investors)

Feb (http://www.biggerpockets.com/forums/223/topics/174579-how-we-got-joshua-dorkin-ceo-of-biggerpockets-to-spend-30-minutes-motivating-us-about-real-estate-last-friday-night)

Jan (http://www.biggerpockets.com/forums/223/topics/166167-how-one-of-brandon-turners-worst-real-estate-experiences-turned-into-one-of-our-best)

VIDEOS

Chris Clothier, Turnkey Specialist - GP of Memphis Invest (https://youtu.be/tnPX4g0vzns)

Matt Faircloth, Multifamily Investor and Syndicator - CEO of DeRosa Group (https://youtu.be/SAVmk7tKS-c)

Engelo Rumora, Turnkey Operator - CEO of OhioCashflow (https://www.youtube.com/watch?v=spUrf203HOA&feature=em-upload_owner)

Ali Boone, Turnkey Advisor - CEO of HipsterInvestments (https://youtu.be/tVFHBSi9ipY)

Joshua Dorkin, CEO of BiggerPockets (https://www.youtube.com/watch?v=zNe1b178zWY)

Brandon Turner, Author & VP of Development - BiggerPockets (https://www.youtube.com/watch?v=nqgZTwwu_2Q&feature=youtu.be)

Still not sure if you want to spend a Saturday moving a step closer to your future dreams?

If you have any questions about what to expect or what the meetups are like, feel free to send me a message through the Meetup page.

Getting to TOZ:

[masked]) 서울시 서초구 서초대로77길 23 (서초동[masked] 승원빌딩 3~4층) / TEL :[masked] / FAX :[masked]

오시는길:

1. 2호선 강남역에 내리셔서 10번(구6번) 출구로 나오세요. (Go out Gangnam Station Exit 10)

2. 나오신 방향으로 50미터 직진하면 좌측에 PAGODA 어학원 건물이 보입니다. (Follow the arrows in the picture above)

3. PAGODA 어학원 바로 뒤, 아사히 맥주가 보이는 건물(승원빌딩) 3,4층에 토즈가 있습니다. (PAGODA 어학원 건물 우측 작은 골목을 통해 들어오시면 건물이 보입니다.) (It's behind the PAGODA BUILDING.)

10,000 W Fee (6,000 W if you RSVP by Oct 15)

This includes free drinks!

Dan Ryu,

Co-Organizer,

Seoul Real Estate Investing Meetup

PS. If you fill out this survey (Choose either - English or Korean), you will be eligible to win a 25,000 W gift certificate at our next meetup! In English:

https://docs.google.com/forms/d/1Hnf3sGOktszZnID_108VgGqLTy8gzUYwhp_x-pmdG2g/viewform

In Korean:

https://docs.google.com/forms/d/19nIXDNSyT2ilg_nqnrV3bG1Ejybg-dEgBl3g2QjjAoI/viewform