All Forum Posts by: David Page

Rent court, vacancies, water bills, and now COVID! How can you keep your head above water? Get insights from local experts at our next: CONNECTIONS webinar: “How Landlords Can Stay Afloat During the COVID Crisis”

On Baltimore REIA's next "Connections" webinar, four rental property veterans will help you keep your head above water during the COVID crisis. They'll enlighten you about these issues and more:

• Rent court filings and the resumption of hearings. It’s about time! But how much time do they take?
  
• Re-renting your units. Taking longer? What safety measures must be in place?
  
• Tenant payments (or not). Slow payments? Partial payments? No payments? What are your fellow landlords experiencing?
  
• Water bills. The usual word applies: ugh. But there’s also good news: programs to assist tenants and help keep you from getting stuck with the bill.

This webinar will give you the opportunity to ask questions and share your insights as well.

Don't miss this chance to get educated, and to connect with Baltimore REIA and your investor colleagues. Staying in touch (figuratively) could help you stay in business!

Visit our website for more details:
https://www.baltimorereia.com/connections-webinar-how-landlords-can-stay-afloat-during-the-covid-crisis/

On Baltimore REIA's next "Connections" webinar, guest speaker Valarie Scott, the "Queen of Short Sales," will show you how to ethically and profitably take advantage of the upcoming situation as the COVID crisis inevitably leads

to a foreclosure crisis. Valerie will address these issues and more:

• The difference between pre-foreclosures and foreclosures. And how you can profit from both.
  
• Exactly what is a short sale? Do banks really give big discounts on houses?
  
• How you can help distressed homeowners while making huge profits. Yes, there are advantages for both owners and investors.
  
• Four essentials for successful short sale investing. No, we’re not going to list them here — attend the webinar!
• Misconceptions that keep investors from doing short sales. This is a great strategy for all investors — especially newbies.

This webinar will give you the opportunity to ask questions, too. Don't miss this chance to get educated, and to connect with Baltimore REIA and your investor colleagues. Staying in touch (figuratively) could help you stay in business!

https://www.baltimorereia.com/connections-webinar-how-to-profit-from-the-next-wave-of-foreclosures/

Is it getting easier or harder for you to find deals? Do you think it's less important or more important to do accurate comps when evaluating deals?
What if you're rehabbing? Is it less helpful or more helpful to see how successful rehabbers are fixing up properties and selling them?

It's a no-brainer, isn't it? Nothing is getting easier, and it's more important than ever to have the most recent, most accurate data.
This powerful online tool is known as "The MLS for Investors" because it gives you real-time MLS data. Yes, the same, up-to-the-minute data realtors get -- at your fingertips -- whenever you want it.

Sign up NOW for the FREE webinar on Tuesday the 19th at 7:00 p.m. Lines are limited -- don't get locked out!

At our next Strategies IRA Meeting, Jack Kiley of MidAtlantic IRA will show you how to borrow money within your self-directed IRA without getting into trouble.

Real estate investors understand the power of leverage, and the sharp ones use it inside their IRA as well as outside of it. Join us and understand the techniques to do it right.

Visit our website for more details:
www.baltimorereia.com/strategies-ira-meeting-may-2020

YES, you can still start building your rental property empire with the help of Janet Tonkins. Sign up NOW for the “Real Estate Rental Cash Machine” class, continuing this Saturday ONLINE.

We’ll send you a link to the recording of this past Saturday’s sessions. You’ll attend the balance of the class online with Janet this coming Saturday, and you can ask her questions. You’ll receive all the presentation materials in advance, too.

Visit our website for more details:
https://www.baltimorereia.com/real-estate-rental-cash-machine-online-class-may-2020/

MEMBERS ONLY:
Use coupon code MEMBER (all caps) to attend the webinar for free. Act now — the number of lines is limited.

NON-MEMBERS:
You’re welcome to attend for just $19. Better still, join Baltimore REIA first at the reduced rate of just $97 for a full year, then attend this webinar and future webinars for free, and save $100 on every one of our classes.

On Baltimore REIA's next "Connections" webinar you'll get informed insights from a contractor, 2 rehabbers, and Executive Director Joe DiMaggio. The experts will address these questions and more:

• Does the usual price formula still work? Rehabbers have typically paid about 70% of ARV for purchase and rehab combined. But what if the ARV goes down in a few months? Should you buy at 60%? Can you? What if others are still paying 70% — or even more?
  
• 
  What’s happening with lenders? On our last webinar, we heard about lenders pulling the plug at the last minute. Is hard money still out there for rehabbers? If so, is it harder to get? What about loans for buyers?
  
• 
  What’s the best niche to be in? First-time buyers can afford homes of $300k or more thanks to today’s low interest rates — if their credit hasn’t been compromised. Does it make sense to stay in that price range or move up?
  
• 
  Where can you economize in your rehab? Kitchens and master baths still need to be gorgeous. But can you get away with savings elsewhere? Such as a semi-finished basement? Or maybe opening up fewer walls?
  
• 
  Will you be able to get the work done? If anything, most contractors seem eager for work. But what about inspectors? Will they walk into a house if anyone is there? You don’t want your project to grind to a halt!
  
• 
  And much more! Are remodelers who used to work with homeowners starting to work with investors? Are video tours an option or a necessity? What about staging — save your money, or more essential than ever? Do you actually have an advantage selling a rehabbed, vacant home compared to an owner-occupied home? Are prices of materials going up? Any shortages in stock? Is it getting harder to find the finish materials you prefer?

This webinar will give you the opportunity to ask questions, too

Visit our website for more details:
https://www.baltimorereia.com/connections-webinar-flipping-houses-during-the-crisis-without-flipping-out/

The experts will address these issues and more:

• Keeping open the lines of communication with your tenants. Phone, email, snail-mail — what works best? Plus the importance of being proactive instead of just reactive.
  
• Regaining possession of your property when you aren’t getting paid. The courts are closed and evictions are halted. What’s a landlord to do when the rent stops coming? Offer cash for keys? Something else?
  
• Keeping your cool. It isn’t personal, it’s business. Even when it feels personal, you want to keep emotions out of your decisions.
  
• Turning fear into focus. Worried about when this crisis will end? Wondering if it’ll get worse before it’s over? Flip yourself from fear to action! As Kipling said, there’s power in keeping your head when all about you are losing theirs.

Visit our website for more details:
https://www.baltimorereia.com/connections-webinar-dealing-with-tenants-during-the-crisis/

You can still save on our "Real Estate Rental Cash Machine" class, which starts Saturday ONLINE.

It's now at the regular price on our website, but as a friend of Baltimore REIA, you can use coupon code FIFTY (all caps) to save $50.

Members of Baltimore REIA save even more!
Use coupon code HUNDREDFIFTY (all caps) to save $150.

Presented by John “Jack” F. Kiley, CPA, CISP, Managing Partner, MidAtlantic IRA, LLC
Join us online via Zoom on Tuesday, March 24, from 6:30 to 9:00 p.m.

This meeting is FREE for all.