Tuesday, June 18, 2013

If you live in Texas you have 42 investor clubs to Help You Achieve Success

===> http://www.creonline.com/webinars/Jim/ <===

Real Estate Investment Club of Austin (REICAUSTIN)

Contact: Ashton C. Mouton, Jr.
Telephone: (800) 844-9639 ext. 6025
When: 2nd Tuesday of each month, 6:30pm
Where: Double Tree Hotel, 6505 IH-35 North, Austin

The Realty Investment Club of Houston

Contact: Charles Chin
Telephone: (713) 947-7424
When: Monday through Saturday, 9:00am Saturdays, 7pm Weekdays
Where: RICH Conference Center, Houston

Wealth Builders of Houston

Contact: Jim Kennedy
Telephone: (713) 903-7777
When: 3rd Thursday of the month, 6:30pm
Where: Crown Plaza Hotel Restaurant,
2222 W. Loop South, Houston

San Antonio Real Estate Investors Association (SAREIA)

Contact: Orlando Rodriguez
Telephone: (210) 666-4742
When: 1st Tuesday of each month, 6:00pm
Where: 2379 NE Loop 410, Ste. 15, San Antonio

South Texas Real Estate Investors Association

Contact: Mark Pantak
Telephone: (832) 766-6997
When: Sundays (varies), 4:00pm (varies)
Where: Varies, see our Meetup Group, Houston

Houston House and Apartments Investing Group
Contact: Mark Pantak
Telephone: (832) 766-6997
When: Sundays (varies), 4pm (varies)
Where: Varies, see our Meetup Group, Houston

REIC of San Antonio

Contact: Gary Young
Telephone: (210) 310-2920
When: 1st Thursday of each month, 9:00am
Where: 7500 Paradise Rd. (off Walzem Rd.), San Antonio

Austin Real Estate Networking Club

Contact: Shenoah Peck
Telephone: (512) 853-9522
When: 3rd Thursday of each month, 7:00pm
Where: Norris Conference Center - 2525 W. Anderson Ln., Austin

Contact: Jimmy Reed
Telephone: (817) 731-0120
When: 2nd Thursday of each month, 6:00pm to 9:00pm
Where: Botanic Garden, 3220 Botanic Garden Blvd., Fort Worth

Rio Grande Valley Real Estate Investors Assoc. (RGVREIC)
Contact: David Fair
Telephone: (956) 631-4361
When: 2nd Thursday of each month, 7:00pm to 9:00pm
Where: Best Western Hotel, 415 S. International Blvd., Weslaco

Central Texas Investors Club

Contact: Rick Gossett
Telephone: (254) 776-5888
When: Last Monday, 7:00pm
Where: AG Title Conference Room, Second Floor, 1227 N. Valley Mills Dr., Waco


Contact: Jimmy Reed
Telephone: (817) 731-0120
When: 2nd Thursday of each month, 6:00pm to 9:00pm
Where: Inn Suites, 2000 Beach St. & I-30, Fort Worth

Real Estate Investment Organization (REIO) - Amarillo

Contact: Johnny, Becky, or Amy Horton
Telephone: (806) 655-7976
When: 3rd Thursday of each month, 6:30pm
Where: Amarillo Association of Realtors Building, 5601 Enterprise Circle, Amarillo

Brazos Valley Real Estate Investors Club

Contact: Chris Bounds
Telephone: (979) 676-1287
When: TBA
Where: see web site, College Station

Clear Lake Investment Club, LLC

Contact: Marilyn Smith
Telephone: (281) 335-3938
When: 3rd Saturday of each month, 9:00am
Where: Ryewater, Houston

Southeast Texas Realty Investment Club

Contact: John Polk
Telephone: (409) 769-3264
When: 2nd Monday of each month, 7:00pm
Where: Elegante Hotel, Beaumont

Houston Association of Real Estate Investors (HAREI)

Contact: Jerry Davis/Roderick Lightfoot
Telephone: (832) 594-5488 or (832) 724-7430
When: 2nd Saturday of each month, 9:30am to 1:00pm
Where: 3050 Post Blvd., 2nd Floor Conference Room, Houston

HEB Cashflow

Contact: Mike
Telephone: (817) 685-7574
When: Wednesdays, 6:00pm
Where: 230 Vine St., Euless

Free Woman Real Estate Investment Group

Contact: Dawn Jordan-Wells
Telephone: (817) 614-6904
When: 1st Monday of each month, 7:00pm
Where: Golden Corral, North Richland Hills


Contact: Rick Hernandez
Telephone: (210) 379-1636
When: 1st Thursday of each month, 6:00pm
Where: Little Italy Restaurant, San Antonio

AREA - Arlington Real Estate Association of Investors

Contact: Dennis Henson
Telephone: (817) 371-8658
When: 4th Saturday of each month, 10:0am
Where: Chase Bank Bldg., 1301 S. Bowen Rd., Rm. 301, Arlington

Real Estate Investors Training Club

Contact: Chapter Manager
Telephone: (972) 642-6600
When: 2nd Tuesday of each month, 6:30pm
Where: TBA, see website, Dallas

Texas Real Estate Investors' Circle

Contact: Iain Day
Telephone: (214) 503-7509
When: 2nd Wednesday of each month, 6:00pm
Where: Crowne Plaza Suites, 7800 Alpha Rd., Dallas

El Paso REIA

Contact: Mark Pantak
Telephone: (832) 766-6997
When: Last Thursday of each month, 7:00pm to 9:00pm
Where: Varies (contact us), El Paso

IN-POWER Real Estate Investing Club of San Antonio

Contact: Angel Rodriguez
Telephone: (210) 707-0473
When: Last Saturday of each month, 9:30am to noon
Where: San Antonio

North Texas Association of Real Estate Investors

Contact: Roger Hodkin
Telephone: (214) 769-1473
When: 3rd Thursday of each month, 6:30pm
Where: Crowne Plaza Hotel, LBJ Fwy. (635) at Coit Rd. exit, Dallas

Dallas Fort Worth Real Estate Investors Club
Contact: Greg Wilson
Telephone: (817) 683-7100
When: Every Saturday, 9:00am
Where: Diamond Oaks Country Club, Fort Worth

Lindale Taylor Real Estate Investors

Contact: Roger Paschal
Telephone: (817) 401-1767
When: 4th Monday of each month, 7:30pm
Where: Spring Creek BBQ, Tyler


Contact: Mark Pantak
Telephone: (832) 766-6997
When: Last Wednesday of each month, 7:00pm - 9:00pm
Where: Varies between Las Cruces, NM & El Paso, TX

West DFW REI Group

Contact: Tim Cook
Telephone: (817) 599-8058
When: 1st Saturday of each month, 9:30am - 11:30am
Where: Granny's Kitchen, Weatherford

South East Texas Real Estate Investors Association

Contact: Eric Gradney
Telephone: (832) 766-6997
When: Varies, 6:30pm to 9:30pm
Where: Beaumont

West Texas Real Estate Investment Association

Contact: Flower De Raadt
Telephone: (432) 363-5REI (5734)
When: 1st Thursday of each month, 7:00pm
Where: Atmos Energy - Community Room, Midland

El Paso Investors Club

Contact: Lacy O'Leary
Telephone: (915) 861-7160
When: 1st Tuesday of each month, 6:30pm
Where: Holiday Inn Sunland Park, El Paso

East Texas Real Estate Investing Group "East Texas REI"

Contact: Roger Pascal
Telephone: (817) 401-1767
When: TBA, see website
Where: TBA, see website, Tyler


Contact: Ryan Webber
Telephone: (806) 336-7295
When: 3rd Tuesday of each month, 6:30pm
Where: 5th Seasons Inn, I-40 West, Amarillo

Corpus Christi Real Estate Investment

Contact: Timi Abney
Telephone: (361) 658-1195
When: Last Thursday of each month, 6:30pm
Where: TBA, Corpus Christi

DFW Investor Community

Contact: John Garbutt
Telephone: (702) 266-1833 or (855) 846-8378
When: Every Thursday & Saturday, 7:00pm and 9:00am Saturday
Where: Call for RSVP, Dallas

Uptown Village Creative Investors Association
Contact: Arturo D. Hill IV
Telephone: (469) 225-4654
When: 2nd Sunday of each month, 6:00pm to 9:00am
Where: Email or call to confirm location, Cedar Hill

Dallas Real Estate Investment Group

Contact: Cindy Pullen
Telephone: (214) 232-7414
When: Saturdays, 10:30am to 2:00pm
Where: Seminars Training Room, Dallas

San Antonio & Austin Real Estate Education and Mentor Group

Contact: Jody Carrillo
Telephone: (201) 787-2235
When: Every Tuesday, 6:30pm to 8:30am
Where: 2700 NE LOOP 410, Ste. 600, San Antonio

Alamo Real Estate Investors Association
Contact: Tom Hannigan
Telephone: (210) 732-7500
When: 2nd Thursday of each month, 7:00am
Where: Josephine Theatre, 339 W. Josephine St., San Antonio

The Wealth Club
Contact: Tom Berry
Telephone: (832) 271-6873
When: Last Saturday of each month, 9:00am
Where: 5855 Sovereign Dr., Ste. D151, Houston


Friday, June 14, 2013

A simple letter or phone call can result in millions of dollars

 Here's a  easy, fool proof, and can be duplicated way to raise money for all your real estate deals that  anyone can do.
You should have developed a local network by now. In this  network, there should be agents, investors, bird dogs, attorneys, money guys, rei members.....anyone that has anything to do with investing.
You should stay in touch with this network  of people by phone or via email.  Tell
then what you are doing, keep them posted on local market conditions, tell
them about the deals that are taking place by doing this you are creating credibility.
Your email could read something like this

Hello John , I just wanted to let you know I have an opportunity available  for you to invest/partner  with  me on a deal.  If you would like  to do this  deal with me and you have the available funds would you please contact me.

This is the best way to see if you can raise thousands then millions of dollars.  This is a very effective way to start making contact with those who may help your are those who may know others who will.
This is a very logical way to move forward in your investing efforts.   That small letter is not hard to write and it is easy to understand how to correctly apply it, by starting to do simple steps  you will be very successful and profitable!!!!!!

Friday, June 7, 2013

What is Private Money?

Private money is a term used in banking and finance. It refers to lending money to a company or individual by a private individual or organization. While banks are traditional sources of financing for real estate, and other purposes, private money is offered by individuals or organizations and may have non traditional qualifying guidelines. There are higher risks associated with private lending for both the lender and borrowers. There is traditionally less "red tape" and regulation.
Private money is usually similar to the prevailing rate of interest or it can be very expensive. When there is a higher risk associated with a particular transaction it is common for a private money lender to charge an interest rate above the going rate.

Wednesday, June 5, 2013

"Private Money Getting "Join' The New Rich

 "Private Money Getting" video training series that we're putting
together for you over the next couple weeks...

... oh, and my Private Lender Power point
download link is below for ya.

There's already some great content over there for
ya... so head over to your Members area to check
it out... we've uploaded the first fully detailed
"private money getting" training video for ya :-)

(get ready to take some notes... and to
take some action... cool?)

Here's the link to download the fully customizable
powerpoint and script... also, you'll want to check
out the video over there (cool stuff :-)
This first video I take you in my Jeep to
show you 4 real deal case studies...  you'll see
the #'s, the closing docs, and how I got the private $.
Then, you'll learn the "foundation" of private
money... which is some rock solid stuff you'll
want to take notes on.

Anyhow, dive into the first solid training content over
there... and be sure to check your email box
here over the next couple weeks for our next videos.
Oh, almost forgot :-)

Again, the link to the Private Lender PowerPoint
Presentation is over there too :-):

Tuesday, June 4, 2013

What is Transactional Funding?

Transactional funds are used for intermediate funding in short sale and foreclosure real estate flips. This funding is same-day financing and the property will close to your end-buyer.  You only want to use transaction funds to complete the sale to a traditionally qualified or cash buyer. The buyer's funding is what repays the transactional funds.

Step 1

Find a REO Property usually through a Real Estate Agent or Banker.

Step 2
Transactional funding should take care of the  cost,  which is closing costs and any secondary closing costs for which you the buyer will be responsible for.  You need to know  the terms of the transactions; there is usually a  30 day holding period, this may not qualify  as transactional funding but it may be able to become a transactional deal.

Step 3

Go to Google and locate a transactional lender in your state. Tell the lender the type of deal you have so that the lender can determine the terms and conditions, including fees for the transactional funds.

Step 4

You should always have a list of  end-buyer for  any  property.  This will speed up the process for the transactional funds  being approved.

Step 5

The lender will give you a proof of funds letter. This letter is a pre-approval letter showing how much funding is available for the period of time and for the property you will purchase.  Some banks have 30-day holding requirement , you may need to put 20% down to use as earnest momney to secure the reminder  of the funds.

Step 6

Now you are ready for the  double closing providing there is no holding period required by the bank. A double closing transfers title on the same day, first from the bank to you and then from you to the end-buyer. If you need a title company that is well versed in these transactions, ask your transactional fund representative for a referral.

The quickest place to find local private lenders


A few years back, my buddy and former business partner,
Patrick (a young investor who lives in Charleston, SC, and
I were looking through the public records. 
The public records are a magical place :-)
He actually just recently (3 weeks ago) pulled a really targeted
list from the public record for a motivated seller mailing... sent
out 300 letters... got a crazy 16% response rate (people calling
him)... and he closed a deal netting them $10k+ in less than a
Thats a story for another day though :-)
But, it's just to say that when you know how to look strategically
in the public records, what to look for, what to avoid, and how
to contact people... 
... public records are powerful. 
So, back to private money. 
One of the fastest ways to find local people who are lending
their own money to real estate investors for deals is through

the public records (when you do it right).