All Forum Posts by: Megan Krekorian

A business line of credit provides flexibility that a regular business loan doesn't. With a business line of credit, you can borrow up to a certain limit — say, $100,000 — and pay interest only on the portion of money that you borrow. As the amount of the borrowed principal is reduced, your effective interest rate is reduced as well. AND It's NOT attached to your personal credit!

Do you know having credit with certain lenders can actually hurt your credit profile? You might have enough “credit” to build a house BUT due to WHO you are borrowing money from it could be hurting your chances of having more and better credit options. Why does this matter?

Having the wrong lenders can literally cost you hundreds of thousands of dollars over your lifetime. On an amortized $200,000 loan, every point over 10 years costs an extra $10,250 ($20,000 if a simple interest-only loan). But that is just the start of it. 

This does not take into account compounding interest!Fair Issac®, the developer of the FICO® Scoring software, has 88 products (and growing) to help financial institutions grade borrower trustworthiness according to purchase type. There are rules to this game, and the rules aren’t readily available to you and me.All of these different products are weighted one way or another. 

There are a series of steps that are actually fairly simple you can take to make your credit identity perfect in the eyes of lenders. Perfect meaning that you can go through “automatic underwriting” instead of going through all the tedious manual underwriting we have become familiar with.

, will talk about how doing some simple tricks to your personal credit identity can set you up to start building massive Lines of Credit (LOC) with check writing capabilities through your business(es). These LOCs should be attached to your business only, with no personal guarantees. There is easy and cheaper money out there.

And these things don’t have very much to do with your FICO score! This is NOT Credit Repair. This is Credit Optimization. FICO scoring software measures 40+ characteristics of your credit profile. Only 10 of those characteristics measure derogatory or negative listings. 

That means there are 30+ ways to improve your credit profile and raise your credit score without touching a single negative listing. Think of that. Correcting negative listings comprises less than 10% of available credit profile fund-ability strategies.Bring your questions and your notebook.

About Our Meetings…

Sacramento Real Estate and Investment club Meetings follow the same general format every month:

• 6:30-7:30 pm: Come early for NETWORKING (Bring business cards!)
• 7:30-9:30 pm: MAIN MEETING (including market updates, live investor profiles, a one-hour speaker presentation, and much more)
• 9:30 pm – On: Stay after for MORE NETWORKING

As always, FREE to Annual Club Members, $20 Non-members

To find us, ask the front desk where Capital City Wealth Builders are meeting (and for a free cookie!)

Check out our next meetings here!

Check out our next meetings here!

How long does it take to raise $100k+? For some of our experienced members it’s a matter of one phone call to the right money partner. Many members of CCWB and the club leaders have done this many times. Money partners need to be created and nurtured just like deals. However, there are some very specific rules to dealing with OPM (other people’s money) and how you go about raising it - whether your raising money for real estate or any other sort of business deal or investment.

Running a Real Estate club, we see way to many new and even intermediate investors making the same mistakes when it comes to raising money for deals. We think this knowledge is soo important we are waiving the entrance fee to the December 2017 meeting – we think everyone needs to know this information.

On Wednesday, December 20th, find out:

• What you should NEVER say
• When you can ask and when you shouldn’t ask
• What you should know before you ask
• What could land you in hot water with the authorities
• How to put a deal together

Real Estate deals take money, even the “no money down” deals take SOME money. There are very specific things you can and can’t do when talking about projects with potential investors.

In December you will get a nuts and bolts look on how to put a deal together and learn how to protect yourself in the process.

Our speaker this month is Jillian Sidoti, Attorney, CCIM, Author, Public Speaker, Teacher. Read more about her, click here!

Sacramento Real Estate and Investment club Meetings follow the same general format every month. The Wednesday, December 20th, 2017 meeting is the same:

• 6:30-7:30 pm: Come early for NETWORKING
• 7:30-9:30 pm: MAIN MEETING (including market updates, live investor profiles, a one-hour speaker presentation, and much more)
• 9:30 pm – On: Stay after for MORE NETWORKING

Where? At the Sacramento DoubleTree Hotel (Across from the Arden Mall)

2001 Point West Way, Sacramento, California, United States 95815

To find us, ask the front desk where Capital City Wealth Builders are meeting (and for a free cookie!)

Typically…. meetings are FREE to Annual Club Members, $20 Non-members BUT our December 20th, 2017 meeting is FREE!!! Why? Because we hear investors say things ALL THE TIME that can get them in hot water. Stop it! Come to the meeting, and get educated.)

http://www.sacramentorealestateclub.net/next-meeting/

Yes, this was in September. The dates are at the very top of the event posts, just under the title

Please note that the doors open at 6:30pm NOT 5:30p.... I am not able to change the meeting information in the post!

"I'll NEVER do that again!" 

Come hear stories about difficult people and challenging projects from experienced club members. They've seen large ups and sometimes equally large downs. Learn from their experiences so you don't have to make the same mistakes. You can use what they have learned to become a better investor.

Check in at the Table with the CCWB signs!

Free to Annual Members or $20.00 /per person

6:30-7:30 pm: Come early for NETWORKING (Bring your biz cards!)
7:30-9:30 pm: MAIN MEETING (including market updates, live investor profiles, a one-hour speaker presentation, and much more)
9:30 pm – On: Stay after for MORE NETWORKING

http://sacramentorealestateclub.net/next-meeting/

Due diligence on houses is straight forward, but what about due diligence on your business partners!?

Find out Wednesday, September 20th, from Norm Solaski, his background includes both risk analysis and fraud prevention within various national banks, merger and acquisitions with a major San Francisco Law firm, and finally started his on private investigations firm specializing in Real Estate Due Diligence. He's going to talk about what to do before you invest, what to do during a project and what to do after a project goes wrong.

About this Meeting...

Capital City Wealth Builders, Sacramento Real Estate and Investment Club is open to EVERYONE! Beginners & advanced investors welcome, come meet and talk to the people who are doing deals today. Friendly folks happy to talk and share info who flip houses, hold rentals, buy apartments and other commercial deals, contractors, money lenders, and more...

Meetings follow the same general format each month:

6:30-7:30 pm: Come early for NETWORKING

7:30-9:30 pm: MAIN MEETING (including market updates, live investor profiles, a one-hour speaker presentation, and much more)

9:30 pm – On: Stay after for MORE NETWORKING

As always, FREE to Annual Club Members, $20 Non-members

More Info:

http://www.sacramentorealestateclub.net/next-meeti...

Capital City Wealth Builders, Sacramento Real Estate Investment Club Monthly Meeting

Have you ever wondered if there are legal loopholes in the financial system that can help you leap forward financially without having to invest or live below your means? 

As the financial system grew into what it is today, there were loopholes created, either on purpose or by mistake. These legal loopholes provide shortcuts (opportunities) for anyone (investor or not) to use to catapult them forward financially. Some of these shortcuts can be implemented in a few hours, set on autopilot, and never touched again!

If you had the luck of hanging out after the meeting with George the last time we got him to Sacramento, you got a sneak peak at a few of the things he is going to talk about in February. All those crazy but brilliant strategies he sketched out on the back of the bar napkins as we all huddled around… 

About this Meeting...

Sacramento Real Estate and Investment club Meetings follow the same general format each month:

• 6:30-7:30 pm: Come early for NETWORKING
• 7:30-9:30 pm: MAIN MEETING (including market updates, haves & wants, live investor profiles, a one-hour speaker presentation, and much more)
• 9:30 pm – On: Stay after for MORE NETWORKING

P.S. If you have still not liked our Facebook page please do so now!

Capital City Wealth Builders Facebook Page: http://www.facebook.com/SacramentoRealEstateClub

Also, if you are interested in sharing DEALS, join our Facebook Group: https://www.facebook.com/groups/sacrealestateclub/

Check us out on Meetup with over 2,000 other investors: https://www.meetup.com/Sacramentos-Real-Estate-Club-Capital-City-Wealth-Builders/

Sacramento, CA 

6:30 PM | Wednesday Feb 15, 2017

Have you ever wondered if there are legal loopholes in the financial system that can help you leap forward financially without having to invest or live below your means?

As the financial system grew into what it is today, there were loopholes created, either on purpose or by mistake. These legal loopholes provide shortcuts (opportunities) for anyone (investor or not) to use to catapult them forward financially. Some of these shortcuts can be implemented in a few hours, set on autopilot, and never touched again!

Capital City Wealth Builder'sFebruary speaker is George Antone. George runs one of the largest private lenders associations in America.

If you had the luck of hanging out after the meeting with George the last time we got him to Sacramento, you got a sneak peak at a few of the things he is going to talk about in February. All those crazy but brilliant strategies he sketched out on the back of the bar napkins as we all huddled around…

While George will be providing a lot of great information (more than 80% of the presentation), he will also be presenting his new financial learning product. 

Every meeting we have a "Haves & Wants" deal sharing section, a market update, and lots of networking!

About Capital City Wealth Builders:

Sacramento Real Estate Investment Club Monthly Meeting is for Investors and Entrepreneurs - New and experienced professionals welcome! Even if you are just curious, all are welcome!

Meetings follow the same general format each month:

6:30-7:30 pm:Come early for NETWORKING

7:30-9:30 pm:MAIN MEETING (including market updates, haves & wants, live investor profiles, a one-hour speaker presentation, and much more)

9:30 pm – On:Stay after for MORE NETWORKING

Capital City Wealth Builders Facebook Page

http://www.facebook.com/SacramentoRealEstateClub

Also, if you are interested in sharingDEALS, join our Facebook Group:

https://www.facebook.com/groups/sacrealestateclub/

Meetup Group: https://www.meetup.com/Sacramentos-Real-Estate-Club-Capital-City-Wealth-Builders/

Also check out Capital City Wealth Builders on Meetup

@Andrew Gillings

Hi Andrew,

Also make sure to go to your local REIAs to network! Take lots of business cards and don't be afraid to talk with people. I volunteer with one of Sacramento's Largest Real Estate Clubs (Capital City Wealth Builder's). We have a lot of BP members (like @Tim Kunz - hey Tim!) and it is a great way of networking with people who are not online. It's a fun group with a lot of great speakers, education and networking. Check out the past and upcoming meetings on Meetup: https://www.meetup.com/Sacramentos-Real-Estate-Clu...

Or through the Facebook page: https://www.facebook.com/SacRealEstateClub/

and a Facebook group for posting Sacramento deals, haves & wants, services, etc:

https://www.facebook.com/groups/sacrealestateclub/

The meetup page has information about the location, date and times.

Hopefully we'll see you there!