All Forum Posts by: Chad Gallagher

Tues, Aug 8th at the Lancaster Real Estate Hackers Meetup we have 2 amazing and talented speakers have an incredible amount of knowledge to share --- Craig Fuhr and Dan Kermaier

Dan Kermaier started his career flipping homes and has flipped over 200 homes. In virtually every home, he installed a new kitchen. Finding a reliable kitchen cabinet supplier seemed impossible. After trying dozens of companies he couldn’t find any that had quality cabinets, excellent customer service, and affordable pricing. So, Dan did what any good entrepreneur does --- he founded Current Cabinetry to be a direct to investor cabinet company! Current Cabinetry is now the single largest direct to consumer cabinet company in the Mid-Atlantic, and growing! Come here about his journey of scaling a company and his amazing knowledge of kitchens!

Craig Fuhr -- On April 4th, 2007, just one day after his 40th birthday, Craig was laid-off from his 6-figure per year I.T. Security job. Luckily, for him and his family, Craig already had a back-up plan; Real Estate Investing! Since then he’s flipped close to 500 houses in the Baltimore Metro area, as well as Phoenix AZ, Indianapolis, and Florida. He is from Baltimore and has seen it all in real estate. Craig now spends most of his time coaching other new investors. Craig will share what he has learned not just about real estate wealth creation, but also what he has seen are the key attributes that lead to long-term success in real estate.

I'm excited for both of these speakers to join us, and hope you can as well!

The vision of the Real Estate Hackers meetup is for their to be one night where you can hear from incredible role models in real estate investing + build important live interactions with every key real estate company and investors across the area. One night each month that the Central PA investing world blocks off to move their business forward. And it's free. Response has been amazing, and we are excited to keep growing the event monthly with an incredible speaker list getting booked out.

Held at 800 New Holland Ave, Lancaster, PA - 2nd floor. Come to the back of the building.
Learn more at RealEstateHackers.com
630 PM for networking, 7PM for content
For any questions -- please email [email protected]

The vision of the Real Estate Hackers meetup is for their to be one night where you can hear from incredible role models in real estate investing + build important live interactions with every key real estate company and investors across the area. One night each month that the investing world blocks off to move their business forward. And it's free. Response has been amazing, and we are excited to keep growing the event monthly with an incredible speaker list getting booked out.

This month we handpicked the speakers who continue to bring an intense amount of experience and perspective.

Speaker #1: Christina Diehl, aka Lancaster Home Girl. As an avid investor, she loves to share her knowledge to anyone who is curious about getting money to work for them -- rather than the other way around. She has recently written a book called "MoneyGirl: How You Can Attract Wealth, Nurture Your Soul, And Obtain Financial Freedom" Who doesn't want more of that in their life?? We dont talk about money education enough, this will be valuable stuff.

Speaker #2: Ben Sparango, the Chairman and CEO of Sparango Custom Homes, a successful privately held residential real estate development company active in Montgomery, Delaware & Chester Counties, Pennsylvania in operation since 1995. That means he has been investing for 30 years, that is a long time!

Ben resides in Villanova, Pennsylvania, graduated from Villanova University in 1985 with a BS degree in Civil Engineering, joining the family business of building and renovating custom homes prior to establishing his own company. As a 2nd generation builder, Mr. Sparango credits his longstanding business success to: Cutting-edge vision of future residential markets, disciplined work ethic, simplified processes managed by great employees, and passion for delivering the best product at the best price.

Ben owns and has developed hundred of units across Single Family Homes, Apartment complexes, and Short-term rentals.

Ben is one of those people who has thoroughly thought through every part of being a builder and landlord and has a well thought-out and real-life tested answer. I learn something everytime I am around Ben and am honored to have him speak to the group.

For example, Ben will tell you hands down the most important addition to make to a Short-term rental for ROI. And many many other hacks he has learned along the way in construction and landlording.

Monthly Real Estate Hackers meetup, for investors of all sizes.
The single fastest growing community in the Mid-Atlantic of real estate investors, looking to learn and engage around real estate investing.
Meetups typically have 2-3 speakers, along with a chance to meet various vendors in the industry.

Held at 800 New Holland Ave, Lancaster, PA - 2nd floor.
Free to attend, part of the Real Estate Hackers Community.
Learn more at RealEstateHackers.com
630 PM for networking, 7PM for content

Block off your calendars now for an incredible event in Lancaster, Pennsylvania.
Tuesday, June 13th we will have a very awesome night for real estate investors of all sizes, at 800 New Holland Ave, Lancaster on the 2nd Floor.
We have three unique, insightful speakers coming to talk about various things that are top of mind to folks in the marketplace, followed by a panel at the end. Plus, we are officially launching the Real Estate Hackers Membership (which is free by the way!) and will have a gift for everyone who attends (hint - it will save you $$ if you invest or plan to invest in real estate in the future)!

What is the Real Estate Hacker Member Marketplace you ask? Well that will need to wait until June 13th to find out!

Who are these insightful speakers that will be talking?

Speaker 1: Ryan Hess. Ryan Hess started as a broker in 1996 --- and has been CEO or Managing Director for various real estate brokerages and title companies including Coldwell Banker, which he sold along the way. When he sold it, Coldwell Banker had 650 independent agents -- that is some serious real estate scale. He successfully invests himself in real estate, has sold a real estate company, has overseen literally thousands of transactions, and truly has weathered many storms through the various cycles. We will get his perspective on where he is spending time and money in 2023 in real estate, and what he sees for the next 6 months ahead. Ryan is a flat out stud in real estate, you will want to hear his thoughts.

Speaker 2: Josh Eberly -- Josh is the CEO of 717 Home Buyers -- has scaled multiple businesses to over 7 figure in revenue, and done over 100 transactions in the last year. Josh is a wiz at new age marketing, worth hearing him talk for sure. I know I have previously had multiple phone calls and texts from his marketing group looking to buy my local investment properties, so they are definitely spending on the marketing front! Josh is what I think of as part of a new age of real estate investor --- using the latest in digital tech and marketing to find deals. I'm excited to hear what he has to say about how he is structuring deals --- In particular I'm interested in there are more deals where the seller is holding their original mortgage note than previously since the mortgage has value at a low fixed interest rate. Excited to hear from someone on the front lines!

Speaker 3: BRRRR Loans --- What if I told you there was a way to get $$ in a mortgage loan at interest only payments, with NO pre-payment penalty? Nervous about locking in a long-term loan because you think (hope) rates might come down. Hear from BRRRR Loans on their unique interest only product, with NO fee for early payoff, available for a short time only for Real Estate Hackers members, at not crazy interest rates.

Finally, Chad will show the latest B Class property he bought, at a 16% IRR off the MLS. Nothing crazy, just a simple purchase at a very reasonable return that anyone can do to start evolving their own investing.

Money, Marketing, Market Dynamics --- and a free gift all in one night. Be there and bring a friend!

630 PM for networking
700 PM for content
800 New Holland Ave, Floor 2

RSVP here: https://www.meetup.com/realest...

They metric we teach is IRR. As we see it, this does the best way to incorporate everything about an investment into one metric. Historically, we wanted to see IRR around 15% for our investments --- taking into account financing. With interest higher, we are now seeing 13-14% is a more reasonable target, assuming rates dont come down in the future.

We are closing this week on a B Class property that is 13.5% IRR, $145K, will rent for $1500. We actually got this off the MLS, so it wasn't some off market deal. So, to your point, it is still possible to find a property at 1% of the rent, but I dont think that should be the overall metric of choice when trying to find an investment.

Forget the beach for a night. Forget the poolside bar. Forget the evening trip for ice cream. This is not your normal summer evening...... block off the schedule as you will not want to miss this Pottstown meetup.

June 26th, 630PM --- Mark your calendars. A packed house will be at the back event space at Blackjax Pub & Grill to hear Michael Manthei come give an incredible update on his trip to acquiring $200M in real estate over the last decade. Michael Manthei is a professional investor, leader, and founder of ELEVATE Investing Group.

If you have never met Michael, he is one of the most down to earth people you will meet in real estate. His personal story of how he got here is truly wild, and continues to get more insane each year. He is fantastic at breaking down the various things he has done in his personal life to get to this point, to help you achieve whatever goals you have set out for yourself in 2023.

Michael did not start with a 7 figure bank account, so he had to structure a bunch of creative deals along the way. He will share how he solved problems for the seller to get him further down his own path.

He has also been wildly successfully in putting other investors money to work, also known as syndicating. Michael will give his success of how he was able to syndicate real estate and build a larger business than he could have on his own.

After achieving financial freedom in his thirties and with more than a decade of experience in syndications, property management, and over $200 million in real estate acquisitions, he teaches others how to achieve their own financial freedom.

Plus, we will also have the first exclusive Real Estate Hacker Vendor discounts available only to Real Estate Hacker members. A wide assortment of trusted vendors, at pricing that are only available as part of the larger Real Estate Hacker network. Free to attend. 630 for networking, 7PM for content.
See ya Monday night in Birdsboro!

RSVP here: https://www.meetup.com/pottsto...

Our Sponsors of this great event are...

Real Estate Hackers Community: RealEstateHackers.com

Pottstown Construction Company - PottstownConstruction.com

The Sheldon Zimmerman Team - ZimmermanTeam.com

Red Rabbit Insurance - RedRabbitInsurance.com

Thanks for posting Clark!  

Short term rentals with Elam King!

This month we are having Elam King in to talk about everyone's favorite topic as of late... Short Term Rentals, or STRs.

Also known as "AirBnBs" but that's a brand specific name so the industry is kinda moving to and has adopted the term STR.

I work with thousands of clients on their rentals, I see people make so much money STRs I get jealous, and I see others lose so much money they almost get out of the industry all together.

Come learn how to do it the right way.

Get registered now, join us

Please RSVP and Join us on March 23rd at 7pm
https://www.meetup.com/LIMG-Harrisburg/

And share this link on FB to tell others you are going to be here.

March 23rd 2022
Red Lion Hotel
7PM HARD START, many people show up at 6:30
4751 Lindle Rd
Harrisburg, PA 17111

Judah Hoover
solution creator, revenue driver, answer seeker, peace finder, connection maker, coffee drinker, friend to all
717-330-6648

Bring deals to discuss. Bring cards to hand out. Bring questions to ask. Bring ideas to share. Bring a mind ready to learn. Bring a friend. And come as you are, we are open to all, of any experience level. We have full time investors, people looking for the elusive first deal and all spots in between.

The meetings are held at the Red Lion Hotel 4751 Lindle Road Harrisburg, PA 17111

Call Judah Hoover for more information at 717-330-6648

Join our March meetup on Monday 3/27 to discuss REI strategy with Chad Gallagher, Chief Investment Officer of Home365 Property Management and seasoned investor!

Investing in real estate in 2023 does not look like it did in 2022.
Interest rates are up. And highly unpredictable moving forward.
Real estate value has stopped its rapid incline. In some areas it's down.
Time to sell a property is starting to increase with demand relatively low, mostly driven by higher rates.
And much more to discuss.

The market has changed, and with that has opened up new options and made some other options less attractive.
Over ten years of investing, I have learned that it's important to understand market dynamics each year, and then update our investing strategy off those dynamics.

Many of the same investing principles are exactly the same. But as a real estate investor, we are making some specific changes in 2023 to make use of the changes in market cycle.

On Monday, March 27th --- I will share how we are attacking the market in 2023.
For example, something I haven't done in 2023 we are doing in 2023 for the first time, I will show you what we are doing and why we think everyone should employ this tactic.

We will open up time for commentary to get others thoughts on investing in 2023, as you all know there is typically no one right answer. There is a lot of $$ to be made in 2023, but some of the tactics to get there might be a little different.

I hope you can come out and make it!

Follow @RealEstateHackers across Instagram, Tiktok, Twitter, and Facebook for more weekly content!

We meet the 4th Monday of the month to talk all things real estate. Deal analysis, tax planning and accounting, finding the money, legal issues, contractor best practices... you name it, we've done it (or we'll find someone else who has!) Hope to see you there.

BlackJax American Pub & Grill Restaurant
668 Benjamin Franklin Highway, Birdsboro, PA 19508

6:30pm for networking, 7:00pm for content

https://goo.gl/maps/6butRy7yVs...

RSVP and join us. Please let us know you are coming: Real Estate Hackers | Pottstown Meetup

This Real Estate Hackers group is designed for everyone in real estate investing: flippers, landlords, contractors, wholesalers & anyone/everyone (both new & experienced) interested in Real Estate Investing! Join us in February for a presentation from seasoned investor Darrell Eberly!

Darrell Eberly's mantra was, "I just wanted to do something that would stay done". Darrell grew up on a dairy farm near Chambersburg Pa, learning early in his life the habit of hard work and tenacity.

After being on the treadmill of "trading time for dollars" for years, Darrell's life took a significant turn at age 41 when he discovered the value of owning assets instead of trading time for dollars. His definition of an asset is :"something that puts profit in your pocket every month regardless of your health or ability to produce".

In the first 18 months, Darrell bought 29 apartments and flipped 16 houses, with only $3,800 of his own money. 7 years later in 2011, he began buying self storage facilities, which led to owning facilities in 9 states. He has traded stocks for 22 years, crypto for 4 years, and has diversified into investing in several crypto hedge funds, natural gas wells, ATM 's, early stage food production companies, cabin airbnb & timberland.

Darrell reads 1- 1.5 hours a day, and always wants to remain a "curious learner". Darrell says all of this is meaningless, without the love and support of his amazing wife Twila, with which he will soon be celebrating 40 years of marriage! 2 amazing children, Dallas and Katelyn, 6 grandkids make life rewarding. Darrell loves being outdoors , especially hunting adventures around the world, recently returning from a South African Safari with Twila and his son Dallas. Ironically, true wealth has little to do with money, it's about having options on free time, not trading time for dollars.

We meet the 4th Monday of the month to talk all things real estate. Deal analysis, tax planning and accounting, finding the money, legal issues, contractor best practices... you name it, we've done it (or we'll find someone else who has!) Hope to see you there.

BlackJax American Pub & Grill Restaurant
668 Benjamin Franklin Highway, Birdsboro, PA 19508

6:30pm for networking, 7:00pm for content

https://goo.gl/maps/6butRy7yVs...

RSVP and join us. Please let us know you are coming: Real Estate Hackers | Pottstown Meetup

We meet the 4th Monday of the month to talk all things real estate. Deal analysis, tax planning and accounting, finding the money, legal issues, contractor best practices... you name it, we've done it (or we'll find someone else who has!) Hope to see you there.

Join us Monday January 23rd to discuss private and owner financing with Judah Hoover!

BlackJax American Pub & Grill
668 Ben Franklin Hwy
Birdsboro, PA 19508

6:30pm for networking
7pm for content

See you there!