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All Forum Posts by: Kathleen E.

Kathleen E. has started 180 posts and replied 188 times.

Post: Rookie Nook - Finding a Deal in a Tough Market

Kathleen E.
Posted
  • Investor
  • Northwest Arkansas
  • Posts 196
  • Votes 16

It's Still a Seller's Market, but Deals are being made. This month we're bringing you a successful investor who will share how he does it - an how You Can, Too!

After a few years of trial and error, Darrel has settled on 3 strategies for finding Deals in any market: Networking, On Market research (MLS) and Foreclosures. He'll share with us:

  • How he got started
  • Using technology to minimize labor & maximize results
  • Leveraging relationships through networks
  • Making foreclosures work for you
  • What he sees in today's market - and tomorrow's

Speakers

Darrel Donohew is an experienced Investor/Builder, a Realtor and an Army Veteran. His primary strategy of buy-and-hold has garnered a portfolio of single- and multi-family properties. Darrel finds building new ensures low/no maintenance for many years. He has become great mentor and joint venture partner.

Post: Breaking the Lease: Move Out & Assessing Damages

Kathleen E.
Posted
  • Investor
  • Northwest Arkansas
  • Posts 196
  • Votes 16

For landlords, breaking a lease isn't a matter of "If", it's a matter of "When". It will happen to you. We've asked one of our property manager pros to share how they navigate the process successfully.

There are legitimate reasons for people to ask for an Early Move Out and how the right attitude and process can make the experience compassionate, fair and Win-Win for all parties. He'll explore:

  • Legal reasons for early move-out
  • What kind of damages can be charged
  • How to assess damage costs
  • Documentation you should have, understand and use
  • When it's Not a compassionate scenario

Speakers

Tyler and Renee Casey are the owners of Pro X, a unique real estate and property management firm focused on helping investors build wealth. Investors themselves, the Casey team assists their customers in sourcing Deals, developing and managing assets.

Post: Builders Circle - Nightmare Commercial Lease

Kathleen E.
Posted
  • Investor
  • Northwest Arkansas
  • Posts 196
  • Votes 16

It all started with a Lease - that nobody read! This will be a Case Study in Underwriting 101. A commercial building with a restaurant and a nightmare that could easily have been avoided.

Tonight Steve will take us through a commercial lease with so many things wrong that it actually becomes a real life study on what should go into a commercial lease and why. He'll discuss:

  • Missing Due Diligence and how to do it right
  • Maintenance issues that should be clearly defined
  • Accountability: What happens if . . .
  • Asset valuation
  • Tips for navigating the deal - before you buy/sell/lease/rent

Stephen Mansfield is a Commercial Broker with Coldwell Banker in Rogers. With 30+ years as a commercial investor/property manager, underwriter and banker, Steve is still dedicated to introducing "non-experts" to this multi-faceted, lucrative segment of the market.

Post: Rookie Nook - What's the Deal - FSBO

Kathleen E.
Posted
  • Investor
  • Northwest Arkansas
  • Posts 196
  • Votes 16


Meetings Now In-Person & Open To All
Non-Members: $20 Door Charge ~ Members Always Free

    Hey Rookies! Wondering how to get started in today’s tough market? FSBOs – For Sale By Owner properties can kick off your rei efforts and pave the way for future successes. We’ll walk you through the best practices for a winning strategy.

    One of our most successful investors got her start with FSBOs and will share with you how she did it and what you can do to grow your own Portfolio. From finding the Deal, learning to navigate the “Seller Story” and listening for the true motivation, Cheri will discuss:

    · What is a FSBO?

    · Finding the “Why”

    · Tips for Win-Win negotiations

    · Who is involved – influencers you need to know about

    · Closing the deal

    Cheri Bergez is owner of OP2YP, LLC. By building personal relationships with investors and mentors, she has acquired 30+ properties in 5 years while working a W2 job. In return she pays it forward by helping others do the same. Cheri continues to grow her network, partnering with others creating passive income for financial independence.

    Post: Landlord Lunch - New Voice in Little Rock For NWA Landlords!

    Kathleen E.
    Posted
    • Investor
    • Northwest Arkansas
    • Posts 196
    • Votes 16

    Meetings Now In-Person & Open To All
    Non-Members: $20 Door Charge ~ Members Always Free

    Exciting times are ahead for NWA landlords! Join us to learn about the formation of a new local association dedicated to representing and advocating for the small buy-and-hold investor.

    Larry will introduce this new association and discuss its plans to lobby on behalf of NWA landlords at the state level. He’ll provide an overview of the association's mission, goals, and how you can get involved. Join us to learn how our voices will be heard in policy discussions affecting the AR rental market. Larry will discuss:

    • - How the association was started.
    • - Who they will represent.
    • - Plans for local and state lobbying efforts.
    • - How you can get involved and contribute.
    • - Upcoming events and initiatives.

    Larry Gibson is an investor with a strong background in property management. With over 20 years of experience, Larry is passionate about empowering landlords and ensuring that their interests are represented at all levels of government. His leadership in the new association brings a powerful voice for landlords in NWA.

    Post: Main Meeting ~ Leveraging with Joint Ventures & Private $$

    Kathleen E.
    Posted
    • Investor
    • Northwest Arkansas
    • Posts 196
    • Votes 16

    Non-Members: $20 Door Charge

    Members Always Free

    We're in an interesting market today with lots of uncertainty. One thing is sure, however: for the savvy investor, that means more opportunity for those with the right tools in their toolbox.

    Two valuable tools are the Joint Venture and Private Money Lending (PML). This month we're presenting a panel of investors who will take you on a tour of how private lenders work with investors and a REI NWA program to help leverage these resources for larger and more profitable returns.

    Private Lenders: Ken is a private funder who will describe how he operates, what he'll invest in and what he looks for in a Deal and the person who brings it to him. Here's your chance to ask questions and learn how funders think.

    3rd Party Brokers: Linda will review the various types of private lenders - there are as many types of funders as there are investors. She'll talk about which ones may be right for you - and which won't fit your investment strategy.

    Hard Money Lender: Tim will discuss the purpose of hard money lending, when to use it and why. He'll explore various strategies where hard money may be the right choice and worth the extra cost.

    REI NWA Joint Venture Club: Kathleen will explain this dynamic program, open to qualifying members, which is actively promoting joint ventures, creative funding techniques, and finding sponsored JV projects.

    Ken Hagerty is the owner of Arkansas Security, one of the top retailers in the state for alarms and surveillance cameras. A seasoned investor himself, Ken knows what investors need when building or remodeling. A member of all NWA Chambers of Commerce, Springdale Rotary, he is our guy with private money lending expertise.

    Linda Breckenridge is a real estate investor with a niche in business purpose & commercial lending. Partnered with several REITs Mortgages, she gives her investor clients options to funding their fix n flips, LTR, STR, Mixed use and Commercial deals based on the 3 Cs.

    Tim Bishop is a 20+ year investor/builder who frequently used Longhorn Investments to fund his projects. In 2023, Tim was chosen to as their representative to open an AR branch. He is dedicated to helping any qualified investor with a zero-down hard money loan.

    Kathleen Everitt Executive Director of REI NWA, The Mentor Program and Investor Escrow Services. A former real estate agent, paralegal and trainer, Kathleen is passionate about real estate, education and elevating the small investor. She believes: if you dream it you can do it

    Post: Builders Circle ~ Kicking Butt with a Commercial Realtor

    Kathleen E.
    Posted
    • Investor
    • Northwest Arkansas
    • Posts 196
    • Votes 16

    Are you a savvy investor looking for more and better opportunities and curious about commercial? You are not alone! It's a great time to Go Commercial!

    Whether it's a larger multi-family, a storage unit or small strip center, intriguing opportunities abound in the commercial market. If you haven't dipped your toe in that segment, but would like to know more about it, join our trusted commercial broker as he shares his real life experiences. Steve will discuss:

    · The Commercial Mindset

    · Best due diligence to get you started

    · How working with a commercial agent differs from residential

    · Selecting the right commercial project for you

    · Red Flags to watch for

    Stephen Mansfield is Managing Broker charged with building the premier commercial and investment division at Re/Max Results in Bentonville. With 30+ years as a commercial investor/property manager, underwriter and banker, Steve is still dedicated to introducing "non-experts" to this multi-faceted, lucrative segment of the market.

    Post: Rookie Nook - BRRRR it for Success!

    Kathleen E.
    Posted
    • Investor
    • Northwest Arkansas
    • Posts 196
    • Votes 16

    You've done your due diligence. You bought it right. Those weeks of mail out campaigns, 99 calls, miles of driving for $$ have paid off and you've finally closed on that “unicorn” distressed property! Now what?!

    For many savvy investors, the answer is BRRRR! Tonight we bring you one of our most trusted investor real estate agents who will share how she grew her portfolio using this crazy successful investment strategy: Buy, Renovate, Rent, Refinance & Repeat! She'll discuss

    · How BRRRR works in real time

    · Timeline for successful results

    · Using BRRRR to leverage your existing resources

    · How she has grown her portfolio by following these steps

    · Tips for a fast start

    Joy Hagerty is an experienced investor – and tenacious overachiever. Starting with 15 years at Wal Mart, Joy earned an MBA and CPA. She is a realtor working exclusively with investors. Beginning her investing career with a short-term rental rehab, Joy has grown her residential portfolio to 30+ doors and entered the storage-commercial market.

    Post: Landlord Lunch - Aging in Place for Tenants

    Kathleen E.
    Posted
    • Investor
    • Northwest Arkansas
    • Posts 196
    • Votes 16

    Have you noticed that the tenant pool is trending a bit older? The Boomers Are Coming! Discover why that's going to make your life easier.

    The numbers are clear: More than 11,200 people are turning 65 every day. Many of them are choosing to downsize and shed the responsibilities of maintaining a house and yard. That is good news for landlords - IF you are prepared.

    There's a lot to be said for older tenants: not so many wild parties, more stable income, less turnover. There are a few practices that will make your life easier when servicing this market, however. This month we're bringing you a seasoned property manager who loves working with this growing tenant pool. With a few simple adjustments, Brian will show you how. He'll discuss:

    • -How older tenants are different
    • -Important initial discussion
    • -Easy, adaptable onsite changes
    • -Cool gadgets Boomers look for

    Brian Clark owner of ABC Property Management, a company specializing in managing a diverse portfolio of properties spanning across the Northwest Arkansas area. Brian has a passion for delivering exceptional service and maximizing the value for each account.

    Post: Main Meeting ~ Winning at the AR Tax Lien Auction

    Kathleen E.
    Posted
    • Investor
    • Northwest Arkansas
    • Posts 196
    • Votes 16

    Looking for a way to grow your portfolio in a tough market? Check out the AR Tax Lien Auction held this year in July!

    Each year Arkansas auctions tax-delinquent properties that have been claimed by the state. There are great opportunities here, but there are a few "Buyer Beware" warning you need to understand.

    We're bringing you the people who actually run the auction from the Commissioner of State Lands office who will walk you through the process. Then, local attorney Paul Younger will explain post-auction title work - just in case you win! They will explore:

    · How properties become delinquent

    · Cool online listing of all available parcels

    · How the auction works

    · What happens if you win

    · Perfecting the title