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All Forum Posts by: David Torres

David Torres has started 39 posts and replied 298 times.

Post: August 2017 - Make More $$$ using a stager for your flips

David TorresPosted
  • Full Time Investor
  • Albuquerque, NM
  • Posts 320
  • Votes 154

This month's speaker will be Nicole Rorem designer and owner of Su Casa stages to sell.

In 2009, Nicole was selling her home and noticed that the realtors who filed through kept telling her that it was “beautifully staged.” Her passion for "staging" (if by “staging” we mean endlessly decorating your own home and your friends’ and family members’ homes) led her to the idea of making staging her business. At her first try she helped her own Realtor with staging a vacant listing, and it SOLD in only four days! She has been staging professionally ever since, obtaining Home Staging Resources (HSR) and Staging Design Professional™ certifications along the way to beef up her Bachelor’s Degree in Business.

Where: North Domingo Baca Multigenerational Center

When: Wednesday, August 16, 2017

Dress: The dress is always casual

Cover Charge is $10 per person, however your first meeting is FREE!

Do you like ABQREIA Meet UP's ? Don't miss out on this new opportunity to get annual membership for just 100 $.

To sign up contact Dave via e-mail at [email protected] or just come to our Meet up in person.
We now also take Credit Cards!

___________________________________________

Our agenda will include:

6:00 Doors and networking

6:30 - 6:45 Haves and Wants

6:45-7:30 Nicole’s Presentation

8:00 Doors close

____________________________________________

We’ll talk about staging

  • How to increase your sales prices through stagin
  • How to setup staging
  • Facts about staging
  • Common staging mistakes
  • After a rough start working alone out of her three-car garage packed floor to ceiling with furnishings, accessories and an ocean’s worth of cushions, she moved her stylish inventory into two huge warehouses and no longer fly solo. With the help of her team she started: Su Casa stages to sell!

    With her team of designers and their stunning and widely-varied inventory, they can transform any house–from the $100,000 to the $1,000,000–into a place that buyers long to call home!

    Post: Title companies almost costing us deals.

    David TorresPosted
    • Full Time Investor
    • Albuquerque, NM
    • Posts 320
    • Votes 154

    Matt, only a few in town know how to work with wholesalers.  The one I like, is so buried right now I have a hard time getting their attention.  The market is hot and it seems like every title Co is struggling to keep up.  Give me a call or email and I can pass along the 2 I know.

    Post: Rio Rancho, New Mexico Investor

    David TorresPosted
    • Full Time Investor
    • Albuquerque, NM
    • Posts 320
    • Votes 154

    @Alex Anagnostidis the market here is really good.  I have several rentals in Rio Rancho and rents are up year over year and vacancy is down.  As a matter of fact, I can often have my rentals re rented with no vacancy.  I love Rio Rancho for its low crime and great schools.  Some say we may be facing some economic headwinds with the closure of Intel.

    Also, anything under $200K is selling very fast.  Things are even moving very well during the winter months.

    Post: How to Manage REI Networking Group - Seeking Suggestions

    David TorresPosted
    • Full Time Investor
    • Albuquerque, NM
    • Posts 320
    • Votes 154

    @Account Closed congrats on your success!  For my group, I think the most important part is having a phenomenal speaker.  People want great content.  Don't be afraid to have a cover charge.  This is definitely not a money maker.  You have to pay for memberships (on BP and meetup), room fees, and food.  

    One other important thing is to be on meetup.com.  It is a great platform and has good built in reminder and communication features.

    Post: July 2017 - Educating investors on the process of Auction.com

    David TorresPosted
    • Full Time Investor
    • Albuquerque, NM
    • Posts 320
    • Votes 154

    This month's speaker will be Ericka Zepeda a newcomer to Albuquerque, Ericka recently moved here with her boyfriend after a visit during the Balloon Festival. The city culture and friendly atmosphere convinced them to make the move. She previously lived in Irvine, CA where she worked at Auction.com's corporate office for over 4 years. She began her Auction.com career as a part time Contract Writer but her attention to detail soon earned her the position of Contract Auditor and Lead Auditor. Within a couple of years she became a full time employee working as a Contract Specialist for the VIP team.

    Where: North Domingo Baca Multigenerational Center

    When: Wednesday, July 19, 2017

    Dress: The dress is always casual

    Dinner will be provided from the auction.com team

    Cover Charge is $10 per person, however your first meeting is FREE!

    You can RSVP here:

    https://www.meetup.com/ABQREIA/events/237763855/

    ____________________________________________

    Our agenda will include:

    6:00 Doors and networking

    6:30 - 6:45 Haves and Wants

    6:45-7:30 Ericka’s Presentation

    8:00 Doors close

    ____________________________________________

    We’ll talk about auction.com

  • Who are they
  • What they do
  • How they work
  • Ericka will take us through the whole process.

    Understanding the growing volume of Latin buyers, Ericka took it upon herself to translate buyer communication documents to Spanish and was asked to translate marketing materials as well. Her bilingualism, dedication and contributions to the success of Auction.com elevated her status giving her the opportunity to travel to Arizona, Texas and Puerto Rico to facilitate Live and Online auctions. Ericka enjoys assisting teams during live auctions and educating investors on the process and benefits of purchasing with Auction.com.

    Featured vendor:

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    Albuquerque Bin There Dump That has been providing bin rental services for many years. We are one of the leading providers of bin rental services in Albuquerque and North America!

    https://www.youtube.com/watch?v=Z8gl5RX-cGs

    Call Us: 505-299-0641

    Family Owned & Operated, Offering Same Day Delivery!

    Post: LLC Mandatory for all Private/Hard Money Lenders in NM?

    David TorresPosted
    • Full Time Investor
    • Albuquerque, NM
    • Posts 320
    • Votes 154

    Jason, it depends on the lender. The hard money guy I used for one of my projects required an LLC and a track record of successful projects. A lot of the "hard money" people are coming out of Guru's boot camps and have pretty stringent guidelines as they are not generally lending their own money.

    With Private Money you have a lot more flexibility, but you should consult with a local attorney to ensure you protect yourself and your lender.

    Post: June 2017 - Choosing the right inspector with Chris Utzman

    David TorresPosted
    • Full Time Investor
    • Albuquerque, NM
    • Posts 320
    • Votes 154

    This month's speaker is Christopher Utzman, owner of Home Team Inspections. As a real estate investor, we deal with inspectors regulara. Chris is the owner of the Home Teaminspection service since his father retired in 2012.

    Where: North Domingo Baca Multigenerational Center

    7521 Carmel Ave NE Albuquerque, New Mexico 87113

    When: Wednesday, June 21, 2017

    Dress: The dress is always casual

    Cover Charge is $10 per person, however your first meeting is FREE!

    You can RSVP here:

    https://www.meetup.com/ABQREIA/events/237763828/

    ____________________________________________

    Our agenda will include:

    6:00 Doors and networking

    6:30 - 6:45 Haves and Wants

    6:45-7:30 Chris’s Presentation

    8:00 Doors close

    ____________________________________________

    We’ll touch on the following points and many more:

     Common items that you find on inspections (I.E. Poly pipes, underground ducting,etc)

     How to prepare your flip for an inspection

     Why you should hire an inspector before you buy a house

     How to select a good inspector

    Chris proudly continues the successful business that his father brought to the Albuquerque area more than 20 years ago. He has been working on inspecting homes since 2005. In those 12 years in which the first 7 mentored under his father mentorship he performed thousands of home inspections and became one of the top inspectors in town. With his strive to be Fast, Accurate and trusted he got the Home Team to be a member of GAAR and a memberof the American Society of Home Inspectors.

    Post: Real Estate Groups or Cash Flow Meet ups?

    David TorresPosted
    • Full Time Investor
    • Albuquerque, NM
    • Posts 320
    • Votes 154

    Heather, there are two main groups in Albuquerque.  Acre is the oldest group.  I started abqreia (meetup.com/abqreia) about a year and a half ago.  We have steadily grown and see between 50 and 75 people per Meetup. Hope to see you at our next Meetup next week!

    Post: Just closed on our first deal

    David TorresPosted
    • Full Time Investor
    • Albuquerque, NM
    • Posts 320
    • Votes 154

    Good job Matt!   How did you end up selling it?  Let's hear some details!

    Post: May 2017 - How to Successfully Flip your first house

    David TorresPosted
    • Full Time Investor
    • Albuquerque, NM
    • Posts 320
    • Votes 154

    Join us for a truly inspirational night about the power of perseverance and success as a Real Estate Investor. Our guests for the night will be Lisa and Curtis Steinman. Some of the topics that they will be covering include:

    Finding the money to get you started

    Managing your rehab budget

    How to pick the right properties

    Buying through auctions

    And much more!

    Dress: The dress is always casual

    Where: North Domingo Baca Multigenerational Center

    7521 Carmel Ave NE Albuquerque, New Mexico 87113

    When: Wednesday, May 17th 2017

    Cover Charge is $10 per person, however your first meeting is FREE!

    You can RSVP here:

    https://www.meetup.com/ABQREIA/events/235599315/

    ____________________________________________

    Our agenda will include:

    6:00 Doors and networking

    6:30 - 6:45 Haves and Wants

    6:45-7:30 Lisa and Curtis Steinman's Presentation

    8:00 Doors close

    ____________________________________________

    Starting from 2005 to 2008 Lisa has flipped over 50 vacant lots and gotten her license as a Realtor. In 2009 she pulled out of the Real estate market and started working as a RN.

    In 2014 she was diagnosed with kidney failure and had to stop working. In 2015 she had a kidney transplant. On the way back from the Hospital Lisa and her husband looked at a house and decided it was time to get back in Real estate.Since then, they placed many offers before they got their first one. They have been buying one at a time. After a successful flip they reinvest their money back into the next one. They are finishing the fourth one now.