All Forum Posts by: Nina M.

If you're working yourself into the ground to reach your goals, you need to come to KREIA in January. Wouldn't you like a more productive, fulfilling, meaningful, and joy-filled life, while also making more money and having more free time?

Register now for our first meeting of 2019 at KREIA.com with Lifeonaire on January 24! 

Meeting Details:

• Tickets are $20 for current KREIA members and $30 for non-members
• Pre-registration online is encouraged and gives you a chance to win a door prize!
• Doors open at 5:15pm
• Early Meeting is at 5:30pm
• Buffet Opens at 6:15pm
• Main Meeting begins at 7pm

Come network with experienced, local real estate investors in Louisville, KY! See you there! 

Do you have properties you'd like to sell but want to avoid or defer capital gains taxes on the sale? Consider a 1031 Exchange: Replace those properties with new, similar investments.

According to the IRS: "IRC Section 1031 provides an exception and allows you to postpone paying tax on the gain if you reinvest the proceeds in similar property as part of a qualifying like-kind exchange. Gain deferred in a like-kind exchange under IRC Section 1031 is tax-deferred, but it is not tax-free."

Come to the July 26 meeting to learn the ins and outs from someone who's got a handle on the process: KREIA past president Joe Hampton.

Meeting Schedule:
5:00pm - Registration Begins
5:30pm - Early Meeting
6:15pm - Buffet Line Opens
7:00pm - Main Meeting Starts

Register online to save time in line at KREIA.com. Registration fee is $20 for Members, $30 for Non-Members. Registration fee includes a dinner buffet and networking time with experienced real estate investors. See you there! 

Protecting Your Assets With Contracts: With Attorney Harry Borders

Are you using contracts that are written specifically to protect you? Attorney Harry Borders walks us through fine-tuning contracts for the best protection in every situation. Early Meeting: Jay Bowman of 60 Day Realty.

Attorney Harry Borders writes:

"For every different type of real estate deal, there is a very different and very specific contract needed. Your contract to purchase a rental should look similar to your contract for a wholesale deal, but it is NOT the same. And your contract to sell looks different from your contract to purchase. Subject-to contracts? Different. Assignable contracts? Different. Double closing contract? Different. You get the idea. Register Now for KREIA's June Meeting.

"On June 28th we will dive deeply into the differences and the why's and how's. If you think your contract is sufficient, I bet we can convince you it needs some tweaking at the least -- if not a total overhaul. We hope to see you there!"

Harry says these are also among the topics he plans to cover:

• The differences between general warranty deeds and special warranty deeds
• Enforcement of contracts
• The consequences of breaking a contract
• Good faith deposits: How much should they be, and who holds them?

Harry is a real estate investor himself as well as a prolific closing attorney with Borders & Borders. Can he do contracts involving seller finance and creative financing? Yes, he can! Whatever deal you're trying to put together, Harry is ready with the paperwork. "It's pretty rare that somebody says 'I need a contract for ... fill-in-the-blank... and I don't have it," he said.

Early Meeting: Jay Bowman, broker/owner of 60 Day Realty, will talk about how to save money at closing.

Advanced registration is encouraged. Only pre-registered guests have a chance to win Door Prizes. Tickets are available at KREIA.com. Tickets are $30 for Non-Members and $20 for current KREIA Members.  

5:00 pm - Registration Opens
5:30 pm - Early Meeting with Jay Bowman (June guest)
6:15 pm - Dinner Buffet Begins (included in Registration price)
7:00 pm - Main Meeting Starts

Pre-register Now before this event sells out!

At our Saturday workshop, spend the morning in the classroom learning how to estimate repairs, then take a tour of a rehab house in the afternoon to put what you learned into hands-on practice.

Thursday evening's main meeting (May 24, 2018) will be packed full of tips on how to fund and rehab a house for big profits. If you want to learn more about how to build income flipping houses, and even how to do it part-time, you need to be in your seat at our Saturday workshop.

Two of Thursday night's speakers are returning to give you a deeper dive into the process: Jordan Pohn, who makes loans to rehabbers, and Bryan Snider, a high-volume house flipper. Plus, we're negotiating now to bring you a third investor who has logged many years of successful, hands-on house flipping.

You'll spend the morning in the classroom, then after breaking for lunch, you'll head over to a project house to put your new skills to work. Here's some of what we'll be covering in the workshop:

• How to do repair estimates
• How to deal with contractors
• How to make a budget that includes all costs, including holding
• How to approach lenders
• The ABCs of steps involved from time to close until time to list a property for sale
• The order of rehab

Seating is limited to the first 50 people. 

Early Bird Pricing!

If you sign up before midnight on the night of the main meeting on Thursday, May 24, you'll save $20. If you're a non-member, please note that joining KREIA will save you $100 on the cost of attending our workshop.

The event will take place in the basement of the Hockensmith Building at the Home of the Innocents, (1100 E Market St, Louisville, KY 40206). Preregister now at KREIA.com • Hope to see you there! 

Want to flip a house and cash the big check? Local house flippers will walk you through the steps of finding, funding and fixing houses. They'll share tips on estimating repairs and hiring contractors. 

Can you really flip a house for big paydays, across Kentucky, like you see on HGTV? Yes, you can! Come to KREIA on Thursday, May 24 to find out how local investors are rehabbing houses for healthy paydays. They'll share what house-flipping is like in real life, away from the cameras, and they'll include all the numbers and expenses that get glossed over on TV.

Learn how to target the kinds of houses and neighborhoods that give the best returns. Can't afford to buy and rehab a house out of pocket? Find out how you can get funding for flipping. Get advice on the best practices for vetting and hiring contractors. Hear stories of what works and what doesn't ... and lots more!

We've lined up three accomplished speakers for this month's panel:

Jordan Pohn of SurePoint Equity. Jordan's company has loaned money to many KREIA members to fund their house flips.

Bryan Snider of Freedom Property Group. Bryan's company buys and rehabs dozens of houses each year, packaging them up for turnkey investor-buyers.

Joe Burnett Jr. of Joe Jr's Flooring, Joe is a longtime investor who rehabs to both flip and hold.

Be sure to register now, because our house rehabbing meetings draw a crowd, and the presenters always give up tons of practical, actionable tips. 

Last year's meeting sold out -- preregistration is strongly encouraged for this event. 

Early Meeting Speaker: Jay Bowman

Jay Bowman of 60 Day Realty is our Early Meeting guest. Got a question about how to best stage your flip for sale -- now that selling season is here? This is your chance to ask Jay! 

(Our newsletter says that attorney Harry Borders is the early meeting speaker, and we weren't able to fix that before it went to print. Harry will be the main meeting speaker at our June meeting, talking about how to write contracts to best protect yourself.)

May's Meeting agenda:
Doors Open- 5:00pm
Early meeting- 5:30pm
Buffet Opens- 6:15pm
Main Meeting Begins- 7:00pm

Registration Fee (includes dinner buffet): Non-Members $30 • Members $20

If you are new to real estate investing, or have never done a deal before, KREIA meetings are the ideal way to network with experienced investors. If you are a Flipper, use this meeting as a refresher course or to pick up a few new insights. Either way, this Must Attend meeting! Preregister for a chance to win door prizes at KREIA.com! Hope to see you there!

Micah, I don't think that's required. The QB version that works with this system is listed on the site. 

Come to KREIA on March 22nd for a crash course in rental property: how to get it, how to manage it, how to stay legal, and how to implement systems to save time and money.

Whether you're brand new to investing or already have a fleet of houses tucked away in your portfolio, you need to hear what the guys on the March main meeting panel have to say. Three major players in our market are going to share what they know about property management and building wealth with rentals. Mike Butler, Erik Hitzelberger and Clay Smith will get you up to speed on managing tenants, increasing cash flow, and using systems to save time.

Mike Butler wrote the book, literally, on landlording (see the bestseller Landlording on Autopilot), maintains an impressive portfolio and runs a tenant-placement service. Mike is also a noted authority on creative financing, so if you're looking to acquire rentals with little money down (or even no money down), you should listen to him. A retired Louisville police officer, Mike says he started building his portfolio while working full-time as an undercover detective -- and he has never approached a bank in order to buy rental property. Mike is a national real estate coach and speaker and a past president of KREIA. VIDEO: Mike previews using systems to get over 100% of rents

@Erik Hitzelberger owns the largest turnkey rental business in Kentuckiana, rehabbing dozens of houses each year. He places tenants in those rentals, then sells the houses to passive investors, but stays on as the property manager. So it's safe to say Erik knows his way around a rental rehab and how to deal with tenants. If you're looking to turn a house into an ideal rental -- using the most durable and cost-effective materials -- Erik is a good person to ask. Erik is also a real estate coach and KREIA's current vice president. VIDEO:Erik previews how to run numbers on rentals

Clay Smith owns a property management business, oversees a growing rental portfolio of his own, and also runs a contracting business that helps house flippers and other landlords with window replacements, gutters and new roofs. And he works a full-time job. Don't think you have enough time to get into rental property? Talk to this guy! Clay also serves on KREIA's board of directors. VIDEO: Clay previews how he "tenant-proofs" his rentals

All three gentlemen are masters of using systems to streamline their businesses. So if you're new, they can help you get started with tips on making efficient use of your time. If you're an old pro, ask yourself if you ARE making the best use of your time -- then listen to what these three have to say.

Register now for the main meeting on Thursday, March 22. But if you want to learn even more from these guys, make plans to attend the day-long Saturday Workshop on Rental Property on March 24! They'll have more time to teach you what's worked for them in rental property, and you'll have time to ask all your questions! Click here to find out more about the Saturday Workshop!

Pre-register NOW for the March 22 meeting for a chance to win an ADVANCED copy of Mike Butler's new book "Landlording on Autopilot (2nd Edition)!"

KREIA Members Pre-registration price of $20, Non-members $30.
Each ticket comes with a dinner buffet and plenty of networking opportunities!

The Early Meeting begins at 5:30pm with Hank Schildknecht on "Legal ABC's on Landlording"

You will love Mike Butler's brain-dead simple ‘Post Office Method” of accounting allowing you to quickly master even the most complicated real estate transactions while having FUN! Yes, I said it – “Accounting… Fun? Yes it’s true!” 

Each registration includes a workbook/study guide and a Hot Lunch Buffet.

Your full day LIVE interactive workshop is an absolute must attend training for every real estate investor, professional, office manager, accountant, and CPA! 

FYI, the word “DEBIT” is not allowed and will never be mentioned!

This Workshop will SAVE Your Precious, Valuable TIME while Reducing Expenses and increasing your profit and income to spend more time enjoying LIFE! >> Register now at QuickBooksForInvestors.com. 

• Push a Button to See Your “CASH FLOW” Report by month, property, YTD, etc.
• Capture Every Penny Spent So Far with “REHAB Expense” Report by property
• Properly Enter a New Real Estate investment in 3 minutes or less!
• Properly Enter the SALE of a Property in 4 minutes or less!

• Cash-Out Re-Fi’s, Borrow Money, Loan Money, all done in 3 minutes or less
• Wholesale, Ho-Tail, Fixer Uppers, Seller Financing, Brokers/Agents made EZ
• How to Properly Set Up and Handle Multiple Entities and Partnerships

• Residential, Commercial, Land, Builders, Developers, Marinas, Mobile Homes, Self-Storage, and absolutely anything YOU can imagine doing in your real estate business using this one simple system.
• 100% PAPERLESS System – seriously, no more paper!
• Run Your Business from anywhere in the world for FREE using your SmartPhone, Tablet, or Laptop. (you must have internet access)

ALL Reports are Investor Friendly using our investor vocabulary and are already set up for you thru year 2035.
TAX TIME Benefits – 6 Simple Steps makes everything Ready for Tax Time in minutes, not hours, days, or weeks. 

Find out more and register at 

As You Pay Bills and Make Bank Deposits, this system “does your books behind the scenes” allowing you to keep track of what You Buy, Sell, Borrow, Loan, Trade, along with your Income & Expenses.

Using this system will slash your Tax Prep fees because you will have everything ready to go – no more grocery bags, shoes boxes, or wheelbarrows full of file folders and receipts.

Your HOMEWORK Before the Workshop – root around in your pile of papers, receipts and folders and find the HUD 1 Settlement Statement on a property you purchased and then sold AFTER you purchased it. BRING BOTH Hud 1 closing statements and we will use them as a “class project” to show you how simple and easy this system works for you.

Mike Butler is your instructor. Yes, the same Mike Butler featured in Money Magazine, and author of #1 Best Seller on Amazon “Landlording on Autopilot.” 

Who Should Attend This Workshop?
Greener than a gourd investors, old-veteran seasoned pro investors, broker/agents, private lenders, office managers, accountants, CPAs, and accounting firms. Absolutely anyone who may have an interest in the real estate business and housing industry.

Have you ever had the opportunity to buy a Great Deal, but failed to pull the trigger because it might just be too big a bite to take at one time? You will now have the confidence in yourself and your system to buy-out a burned out landlord with 200 properties or a large apartment community, shopping mall and more.

You MUST attend this LIVE workshop to experience first hand, the power it will give you for your real estate business.

Mike Butler created this simple system for his own real estate business almost 30 years ago. Thousands are using Mike Butler’s real estate system for QuickBooks Pro. 

You may bring your laptop and your own extension cord.

Early Bird Discount Registration is ONLY $39 and 2 for $49 until sold out.
(discount expires midnight April 5). Doors open at 7:30am

Register now at www.QuickBooksForInvestors.com -- see you there! 

Mark your calendars for November 16: It's the last KREIA meeting of the year and also our holiday party. And we've booked a headliner who will blow your mind — illusionist Joel Meyers. You've seen him on TV, now see him onstage at Woodhaven. There will also be prize drawings, raffles and delicious food and drinks. You could win a 65-inch TV! Best of all, it's free for current KREIA members ($30 for non-members).  

Pre-register now to reserve your spot for a night of entertainment and networking with experienced investors. Thanks go to SurePoint Equity, who is sponsoring the event. Kick off your holiday season with KREIA! 

Reserve tickets online at KREIA.com for this upcoming event. Our early meeting starts at 5:30pm - the main event starts around 7pm.  KREIA Meetings are held at Woodhaven Country Club, 7200 Woodhaven Lane, Louisville, KY 40291. See you there! (11/16/17)

Equity Trust Company is the largest and most well-known company for offering "self-directed investment" options for using retirement accounts to invest in real estate! Learn how to invest tax-deferred or even tax-free the right way, legally!

Self-Directed IRA/401(k) investing, although widely misunderstood and underutilized, allows investors to architect a diversification strategy with assets often not found in traditional asset allocation models. Assets including, but not limited to, real estate, mortgage notes and trust deeds, small businesses, joint ventures, private equity, and precious metals.

Our featured presenter will be John Bowens, Sales Supervisor and Equity Trust National Education Specialist. John offers a comprehensive self-directed IRA/401(k) educational program, providing useful tools, resources, and insight into the methods used by Equity Trust's 130,000+ clients. The strategies discussed will demonstrate methods to potentially eliminate capital gains tax and ordinary income taxes within your real estate and or alternative investment assets. Attendees have the opportunity to leave this training with the knowledge and guidance to formulate and implement alternative investing into their financial plan. We look forward to seeing you there!

Tickets are $20 for members. $30 for non-members. Each ticket includes a dinner buffet, beginning at 6pm.
The early meeting opens at 5:30pm and the monthly meeting starts at 7pm. Networking goes on the entire evening! 

Purchase tickets for this event at KREIA.com

PS - Don't forget about our Saturday workshop with Equity Trust! Look on our website for more details.