About The Meetup
Have you ever watched A & E's Flip This House or read a book about real estate investing and wondered the true story behind the property? Most of these shows and books give details about the rehab, but what about how they found the property, financed it, and sold it?Investor Tom Cafarella will shine some light on this topic at 6pm. When Tom started investing in real estate, he read every book there was and watched every show there was but found there was a huge difference between what he read and actually applying that knowledge. Tom will walk us through all of the steps in the process of a recent renovation including:
1. How he found the deal
2. How he got it under agreement
3. How he financed it
4. How his team renovated it, including the actual repair costs
5. How he sold it, including sales price.
6. And finally, how you can take his methods, replicate them, and make a ton of money doing the same thing that he and his team are doing now.
Tom is a principle of Ocean City Development and is head of acquisitions. Tom has been on the front lines of Ocean City Development's team, and has acquired over 16 properties to fix and flip over the past 6 months.
Location: This Boston-North Meetup will be held at 31 Malvern Street in Melrose, MA. This is an open invitation, and all that we ask is that you rsvp on our page prior to the event.
Environment: We will have an informal environment with food and refreshments. We are keeping this event informal so that members can get to know one another and so that we can determine the structure going forward. Suggestions for future structure of the meeting going forward are appreciated.
Time and Structure of Event: the event starts at 4:00pm, but feel free to come anywhere between 4:30- 6:45pm. You will be able to go in and out at your convenience.
Future Plans: We will most likely add local speakers with experience in the Boston/North local. There will never be any multi-level marketing or programs/selling to members of any sort. There will never be any fees or dues.
Attendees: typical attendees usually consist of other real estate investors, wholesalers, hard money lenders and brokers, real estate agents, real estate attorney's, contractors and anyone looking to get into the real estate business.