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Updated over 10 years ago,
Bellevue, WA Real Estate Investor Night!
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- 08/28/14 06:00PM
- Bellevue Red Lion Inn, WA
- Free
Disclaimer: BiggerPockets does not support or sponsor any meetups unless otherwise noted. Do your due diligence before attending any events. You may be agreeing to attend an event that includes promotion, pitching, or high-pressure sales tactics or techniques. There may be pitching of products, services or properties at this event!
Hey Bigger Pockets Community. REAPS is hosting Andy Heller as our guest speaker this week in Bellevue, WA. We’d love to have you join us. Our meetings are FUN and full of over 200 members doing deals around the Seattle area. If you have never attended one of our main events then please be our guest for free to your first meeting! Just register online and use promo code “bigger” at checkout. Here’s the link http://reaps.memberize.com/clubportal/EventDisplay...
Andy and his story will inspire and connect with you, as it is a "regular guy" get rich story. Like so many of us, Andy started investing part time, pulling aside a few hours each week for his hobby. Their success led them literally by accident to a goldmine called buy low, rent smart, sell high.
When Andy and Scott found buying properties from distressed sellers to be tedious, hard work, and depressing they discovered by accident a hidden gem in the foreclosure process. . .BANK OWNED REAL ESTATE. With bank-owned real estate an investor is able to purchase MULTIPLE PROPERTIES from single sources, without emotions, and with clean and clear title. Andy and Scott learned how to get these bank-owned properties, often referred to as REOs, before the properties are listed on MLS.
Once purchased, Andy and Scott will either flip the properties for quick cash, or hold for long-term wealth. They modified the typical lease/purchase deal to come up with their unique rent smart and sell high formula. Their SHORTEST lease is 3 years, and each of their tenants (gladly) accepts responsibility for repairs and maintenance. High turnover, nightmare tenants, and lengthy vacancies are non-issues when you "rent smart".
http://reapsweb.com/
How profitable is their formula? The last home Andy and Scott sold required about 20 hours of effort, and netted a profit of $57,400. That is $2870/hour. But don't leave your day job just yet. Come hear Andy speak and he will cover:
• Why Fortune Magazine recommended the Buy Low, Rent Smart, Sell High program
• Why today's COOLING market is a RED HOT opportunity for investors
• Buying Low: Learn about the untapped fortunes with bank-owned real estate
• Why especially today bank owned properties offer investors of all means unlimited deals
• Why especially TODAY, an investor can make enormous profits buying bank-owned foreclosures!!
• Why bank-owned properties may be the best SOURCE for investors who have limited cash and/or credit
• Interested in WHOLESALING. Learn not only how wholesalers can buy from banks but why banks are the BEST source of discount properties for wholesalers!
• How to calculate the EXACT price you need to buy properties at in order to maximize your profits
• What types of properties can you buy from banks
• Why a MOTIVATED tenant is the key to landlording fortunes
• How the "typical" lease options minimize, not maximize, an investor's profits
• How to make a fortune in real estate AND help your tenants at the same time
• How to sell for top dollar WITHOUT paying real estate commissions
• Achieve your REGULAR RICHES: Real estate fortunes for regular people. . .without the hassles
Bonus session runs from 6:15pm to 6:45pm. Doors open at 6:00pm.
Andy will explain why the "Buy Low, Rent Smart, Sell High" strategy is specifically positioned to take advantage of two dominant characteristics of today's real estate market. First, on the buying end, we are seeing record foreclosures, and the lucrative post-foreclosure market has been their favorite hunting ground for deals for close to 20 years. Secondly, on the marketing end, their unique lease/purchase strategy positions today's investor to take advantage of a rapidly strengthening rental market.
Andy and Scott feel if you look at today's record foreclosures, and the number of tenants wanting (and needing) a lease/purchase, their Buy Low, Rent Smart, Sell High investment strategy is an absolute necessity for any real estate investor seeking to invest today and in the foreseeable future.
Andy Heller is a nationally recognized real estate expert, and has been interviewed and prominently featured in respected publications including Kiplinger, WallStreetJournal.com, TheStreet.com, Personal Excellence, Money Magazine, and MarketWatch.com.
Bonus session runs from 6:15pm to 6:45pm. Doors open at 6:00pm.
Here's the link to learn more about this month's speaker and register. http://reaps.memberize.com/clubportal/EventDisplayNew.cfm?clubID=173&EventID=197182&mo=8&tDate=%7Bd%20%272014-08-24%27%7D
Cost:
REAPS Members free when you pre-register
Guests: $20 online, $25 at the door
Promo Code: craig
Location:
Bellevue Red Lion Hotel
11211 Main Street
Bellevue, WA