All Forum Posts by: Joseph Scorese

Diversified Investors Group - Philadelphia Commercial Sub Group

Tuesday, April 7, 2015

6:30 PM to 8:30 PM

London Grill, 2301 Fairmount Avenue, Philadelphia, PA

We meet every 1st Tuesday of the month at London Grill, 2301 Fairmount Avenue Philadelphia, PA 19130

Philadelphia Note Education Group/DIG Networking Happy Hour – Your Network is your Net Worth – Bringing Real Estate Industry Professionals and Investors Together

Complimentary Snacks and Appetizers Being Served!

The DIG Philadelphia Commercial Sub Groups Mission is to create the Strongest Educational Platform for Real Estate in Philadelphia for the new to the very experienced real estate investor. Each meeting is filled with Real Estate Industry Professionals not just talking the talk. They are Full Time Real Estate Industry Professionals working every day at Success. Look forward to seeing you there and get ready to be part of Education, Networking & Opportunity.

Saturday, April 18, 2015

9:00 AM to 2:00 PM

CAMA Academy 5 Valley Square, 512 East Township Line Road, Blue Bell, PA

www.camaplan.com/cama-academy

Residential & Commercial Lending Fundamentals: Having the Right Financial Resume in Obtaining Mortgages!

The Residential & Commercial Real Estate Lending Market has changed dramatically, for consumers and real estate professionals.

• But what’s really happening?

• What’s driving that change?

• And what role will real estate professionals have in the future?

• Develop a game plan

The Real Estate Lending Game Plan answers those questions with a look at the forces shaping the industry and their impact on who will be the winners—and losers—in the future. We will provide a specific, how-to guide for new and expert real estate professionals to capitalize on these lending fundamental changes and create thriving real estate businesses in the years ahead.

• Financing the first deal – The 8 Step Rule

• Negotiating the First Deal

• Alternative Types of Financing – Bridge Lending, Commercial, Development, Mixed Use & Etc.

• 5 Ways to get Rehab loans – ARV, MAO & CASHFLOW

Presented By:

Joseph V. Scorese

Area Manager

Monument Bank

378 No. Main St., 1'st Floor

PO Box 306

Doylestown, PA 18901

Tel. 267-455-0520

Cell 215-290-5108

e-Fax 267-244-4458

[email protected]

NMLS#391784

Diversified Investors Group - Philadelphia Breakfast Sub Group

Friday, March 27 at 8:00am - 9:30am NETWORK, NETWORK & MORE NETWORKING! CREATE ADDITIONAL POWER TEAM MEMBERS TO YOUR REFERRAL TEAM!

Come out and join the Diversified Investors Group - Philadelphia Breakfast Sub Group in Philadelphia. The meetings are designed to help all types of area business professionals meet other professionals to exchange information and warm leads to assist in growing their businesses.


Darling's Diner, 1033 N 2nd St, Philadelphia, PA 19125

Diversified Investors Group - South Philadelphia Subgroup

Monday, March 23, 2015

6:30 PM to 8:30 PM

Famous Dave's, 1936 South Christopher Columbus Boulevard, Philadelphia, PA 

www.digonline.org

Diversified Investors Group – South Philadelphia Sub Group February 23rd, 2015 6:30-8:30 PM Famous Dave’s BBQ - 1936 South Christopher Columbus Boulevard Philadelphia, PA 4th Monday of the Month 6:30 - 8:30 PM

Speaker & Discussion: Bill Kratz - The Soldier Real Estate Team Soldier Real Estate 2424 E. York St. Suite 213 Philadelphia, PA 19125 (267) 770-1168

In this presentation you will discover… -Why every newbie wholesaler needs a mentor & how you can get one ABSOLUTELY FREE! -The “TOP SECRET” & most heavily guarded marketing secrets of the most successful wholesalers! -How to build a buyer’s list from 0 to over 28,000 in less than 1 day! -The one weapon that most wholesaler’s overlook & by adding it to your wholesaling arsenal you could potentially generate tens of thousands in additional income this year! -The 3 “CARDINAL SINS” that most newbie wholesalers make when getting started & how to avoid them! -How correct the one “GRAVE MISTAKE” that most experienced wholesalers make when marketing Properties! -How to LEGALLY maneuver around the dreaded double transfer tax issue -Plus plenty of time to ask any questions that have been burning a hole in your mind. The speaker says the night is yours! Be sure to write them down & have each one answered by Philadelphia’s wholesaling aficionado. ***Question for you…What good is a mechanic with no tools? Answer…About as good a wholesaler with NO contracts! That’s why everyone who attends this meeting will receive a FREE COPY OF THE 2 PAGE AGREEMENT OF SALE THAT I USE FOR ALL OF MY WHOLESALE DEALS!!!

Hi Harry,

Look forward to meeting you and networking.

Regards,

Joe Scorese

Diversified Investors Group - Philadelphia Breakfast Sub Group

Every Friday Morning!

NETWORK, NETWORK & MORE NETWORKING! CREATE ADDITIONAL POWER TEAM MEMBERS TO YOUR REFERRAL TEAM!

Come out and join the Diversified Investors Group - Philadelphia Breakfast Sub Group in Philadelphia. The meetings are designed to help all types of area business professionals meet other professionals to exchange information and warm leads to assist in growing their businesses.

Darling's Diner

1033 N 2nd St

Philadelphia, PA 19125

8:00-9:30AM

Diversified Investors Group – South Philadelphia Sub Group

Famous Dave’s BBQ - 1936 South Christopher Columbus Boulevard Philadelphia, PA 4th Monday of the Month 6:30 - 8:30 PM

Speaker & Discussion: Bill Kratz - The Soldier Real Estate Team Soldier Real Estate 2424 E. York St. Suite 213 Philadelphia, PA 19125 (267) 770-1168

In this presentation you will discover…
-Why every newbie wholesaler needs a mentor & how you can get one ABSOLUTELY FREE!
-The “TOP SECRET” & most heavily guarded marketing secrets of the most successful wholesalers!
-How to build a buyer’s list from 0 to over 28,000 in less than 1 day!
-The one weapon that most wholesaler’s overlook & by adding it to your wholesaling arsenal you could ...potentially generate tens of thousands in additional income this year!
-The 3 “CARDINAL SINS” that most newbie wholesalers make when getting started & how to avoid them!
-How correct the one “GRAVE MISTAKE” that most experienced wholesalers make when marketing Properties!
-How to LEGALLY maneuver around the dreaded double transfer tax issue
-Plus plenty of time to ask any questions that have been burning a hole in your mind. The speaker says the night is yours! Be sure to write them down & have each one answered by Philadelphia’s wholesaling aficionado.


***Question for you…What good is a mechanic with no tools? Answer…About as good a wholesaler with NO contracts! That’s why everyone who attends this meeting will receive a FREE COPY OF THE 2 PAGE AGREEMENT OF SALE THAT I USE FOR ALL OF MY WHOLESALE DEALS!!!

Diversified Investors Group & HAPCO - Philly Riverwards Sub Group

Wednesday, March 18th, 2015
6:30-8:30 PM
Johnny Utah’s Philly
461 N 3rd St, Philadelphia, PA
3rd Wednesday of the Month 6:30 - 8:30 PM

Diversified Investors Group & HAPCO – Philly Riverwards Real Estate Networking Group

David Plante is a Professional Civil Engineer with over 25 years of site design experience. Since 1996, Mr. Plante has focused his practice on re-development within the city of Philadelphia. As a Principal of Ruggiero Plante Land Design, David has guided hundreds of development projects through design, approval, and construction all over the city, and helps clients to navigate the quirky an often frustrating city bureaucracies that impact the development community. Ruggiero Plante Land Design is currently involved with more than 30 development projects in the River Wards.

David will discuss the site development and regulatory issues facing builders and developers in the city as they move from small to medium size projects, and from medium to larger projects. Zoning requirements, Streets Department regulations, Water Department requirements, and Storm Water Management regulations all impact project design and the timeline to obtain building permits. We will cover the current state of affairs as well as what’s ahead in 2015.

The Event is a combination of two Real Estate Educational Networking Associations that include over 4000 members combined with the mixture of Novice, Real Estate
Industry Professional and Real Estate Developers. The common thread between the members is Education and Networking themselves with the right Circle of Influence to create the Power Team which will provide Real Estate Successes.

Also, the Memberships focus is covering the latest information from Government, Policy and Industry Professionals that will impact there real estate portfolio growth. In addition, the Speakers are current with insight on various neighborhoods, projects and evaluations that when the attendee walks away from the meeting they are that much more informed of the City of Philadelphia and its Real Estate Renaissance .Finally, we have attracted some very informed Past Speakers that have assisted in the attendance to grow every month which because of the amount of information given. There is a saying that will always hold true; Education + Networking = Opportunity. We welcome partnerships with other associations, organizations & etc. like minded providing this platform to their associates.

Speaker & Discussion;

Ryan Spak, Director of Project Rehab, University City District.

What is Project Rehab? Hear Ryan Spak share his Real Estate experiences in University City with Project Rehab. Doesn't it sound a bit like what you do as a Real Estate Professional or Investor?

Like nearly all thriving urban neighborhoods, University City has parcels and properties that seem “stuck” — derelict, abandoned, underutilized, neglected, or otherwise not fulfilling their potential. These properties can have a devastating impact on their surrounding communities and, to the City, they can represent safety hazards, uncollected taxes, and costly demolition fees. In 2011, University City District (UCD) established Project Rehab to transform problem properties into neighborhood assets. Working through a partnership of neighborhood groups and City agencies, Project Rehab works creatively and comprehensively to unlock the economic potential of vacant and underutilized properties and to leverage private investment in their redevelopment. Since the program’s inception, Project Rehab has unlocked over $7 million dollars of real estate value in formerly problem properties, creating an additional $13 million dollars in value for adjacent properties.

About Project Rehab

University City District builds and maintains a database of problem properties; the list comes from physical surveys by UCD staff, input from community organizations, and city agencies, including the Department of Licenses and Inspections (L&I).

Once a property is listed in the problem properties database, UCD works to determine ownership using a variety of online and public resources. This process is rarely straightforward; public data for vacant properties is often incomplete or non-existent. Some properties may have been abandoned by absentee landowners, while others are ensnared in estate problems resulting from owners who died intestate.

Next, UCD diligently establishes contact with the property owner and works to determine the reasons for the property’s status. Did a well-meaning owner run out of resources and abandon a property? In some cases, UCD will pass updated contact information to City agencies, with the hopes of incenting a response.

Once UCD is in conversation with the property owner, UCD works to develop a course of action, which might include:

Financing - Working in partnership with local banking institutions, UCD drafts and develops financing packages for owners who want to finance the rehabilitation of the property.

Rehabilitation - UCD has developed a list of licensed contractors who are experienced with the rehabilitation of distressed properties. UCD staff provides support and knowledge to owners throughout the rehabilitation process, including attainment of all required permits, licenses and inspections necessary.

Sale - UCD has built a network of realtors who can support owners who decide to sell.

Zoning - UCD connects owners with local zoning attorneys and community organizations to work through the zoning process.

Outside the box strategies - From assisting a family with opening an estate, untangling a title issue to developing strategic partnerships with legal clinics to ensure that owners are well represented while seeking equity partners for development, Project Rehab works with each owner towards his/her rehabilitation goals – no matter the issue surrounding the property

Diversified Investors Group – Philadelphia Commercial Sub Group

Location: London Grill, 2301 Fairmount Ave, Philadelphia, Pennsylvania 19130

Date: March 3rd, 2015 6:30-8:30PM we meet the 1st Tuesday of the Month

Discussion: Protecting your Landlord Rights with the Right Lease in Place for Investment Property

Speaker: Michael E. Adler, Esquire, Law Office of Michael E. Adler, Business Law - Real Estate – Litigation, Email: [email protected], Phone: 215-485-0542

Though the investment housing market has started to recover, many Professional Real Estate Investors still are renting there properties quickly. The key is with your Lease for the Tenants being correctly put together or you may become a reluctant landlord.

Protect your rights with a lease. Have a written lease so that each party understands their rights and obligation. A good lease complies with fair housing, rental, health and safety, and tenant and insurance laws of your region. Working with a Local Attorney is very important. Avoid using blank leases from the Internet, she warns, because they may not comply with the laws in your area.

A Lease should spell out the following and will be discussed:

?Lease term
?Security deposit
?Due date for rent
?Routine repairs, upkeep and maintenance responsibilities
?List of tenants
?Rules of behavior
?Pet policies
?Homeowner association dues and rules
?Arrangements for showing
?Eviction terms