South Austin Real Estate Investor Group September 2018

[Scott MacDonald]

Hi All,

Firstly I wanted to thank everyone for their attendance last month. I thought there was some great networking going on and I understand there were a few deals discussed and agreed upon. I am open to feedback but I think the location was a great success so we have looked to book the same venue again for Septembers meet up.

Septembers meet-up guest will be Todd Hanzelka presenting information on property and casualty insurance for investment properties and the exposures faced in real estate investing. He is a Managing Advisor with Iscential; a full service insurance, risk management and financial services firm working with successful families and businesses by helping clients understand the complex world of insurance and the exposures that come with personal and business endeavors. Representing multiple single-family and multi-family habitational risks, associations and property management companies, Todd brings a wealth of knowledge in advising clients on how to handle the known and unknown exposures in real estate risk management. Todd holds a property, casualty, life, and health license in the states of Texas, California and New York, is a licensed Risk Manager in Texas and holds his Security License 6 & 63.

I have personally used Todd for many years and his knowledge is second to none so I am confident in saying everyone will leave the meet up a little smarter than they arrived which is my goal for all of these events. 

I also have a guest speaker lined up for the October meet-up who is a CPA specializing in small business and real estate tax services. With the end of the year approaching I think it will be important to get people thinking about their tax returns and making any business strategic decisions such as millage deduction, cost segregation, doubling up on property tax for single people etc. With that said I am busy negotiating a speaker for the November slot but again I always welcome feedback so if anyone has any subjects they are interested in please reach out with such requests.

Finally I want to thank everyone for their continued commitment to this group and helping it grow. Without you guys we wouldn't have this excellent network of resources to help us all work towards our goals.

Happy deal hunting and see you all on Sept 19th.

Thanks

Scott

[Scott MacDonald]

@Nasar Bhegani

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@Account Closed

[Scott MacDonald]

Just a reminder guys that this event is on Wednesday for anyone looking to come.

Thanks

Scott

[Angela Mantia]

Hi @Scott MacDonald, I'd love to attend. Is it open to all BP members?

We sold one of our investment properties in June. We want to get back in and buy another property. I am down to one investment property in my portfolio which is in Dove Springs. I'm holding on to this one until the market picks up in the area.

I am stuck on what my next step should be. Undecided on whether we should flip, BRRR or save our money until the market slows down.

I want to meet people who I can invest with and learn how they continue to grow their business in such a competitive market. Let me know this meeting is for finding like-minded folks or if I should keep an eye out for something else.

I don't want to intrude. 

Thank you,

angela

[Scott MacDonald]

Originally posted by @Angela Mantia:

Hi @Scott MacDonald, I'd love to attend. Is it open to all BP members?

We sold one of our investment properties in June. We want to get back in and buy another property. I am down to one investment property in my portfolio which is in Dove Springs. I'm holding on to this one until the market picks up in the area.

I am stuck on what my next step should be. Undecided on whether we should flip, BRRR or save our money until the market slows down.

I want to meet people who I can invest with and learn how they continue to grow their business in such a competitive market. Let me know this meeting is for finding like-minded folks or if I should keep an eye out for something else.

I don't want to intrude. 

Thank you,

angela

Hi Angela, not only is it open to all I'd love to have everyone join! The group is only as good as its members and we need members from all areas one REI to make this an informative well rounded group.

I think the group could be particularly useful to someone in your position as there is a ton of resources to network with from flippers, wholesellers, realtors etc etc. 

I hope you can make it and I look forward to networking with you. 

Thanks

Scott

[Angela Mantia]

I’ll see you on Wednesday evening!

[Bill Coletti]

Thank you Scott for a great event.