All Forum Posts by: David Page

https://www.baltimorereia.com/special-online-event-triple-your-rent-with-shared-housing/

There’s a massive, urgent need for Shared Housing. Discover how you can fill that need and enjoy huge cashflow. Join us for:

FREE online event: “Triple Your Rent With Shared Housing”

Wednesday, August 11, 7:00 p.m.

There’s a huge need for secure, shared housing. During this special webinar, nationwide experts Frank and Sherri Candelario will show you how to turn one single-family house into monthly cash flow of $4,000 to $10,000. You could easily TRIPLE the rent from a standard rental.

Frank’s and Sherri’s proven program? Invest in Shared Housing rental properties for:

Seniors in “golden girl” and “golden boy” homes
Disabled veterans who need a home
Men and women with justice issues
People in recovery of all kinds Foster kids or special needs adults
Students who need quality, affordable housing
Adult children with neurodiversity challenges
Shared Housing even works for short-term rentals like Airbnb.

You’ll learn how to tap into billions of dollars in state and federal funds. And how to attract respectful, appreciative residents who pay more for the opportunity you provide them with Shared Housing.

The bottom line? With the huge cashflow Shared Housing provides, you could be set for life with just a fraction of the homes you’d need with traditional rentals.

About your presenters. Frank Candelario has extensive experience in nonprofit management and real estate development. Sherri has a doctorate in pharmacology and personal experience with a family member who needed housing after hospitalization. Now they’ve combined their expertise and passion in Shared Housing Academy, and they are eager to share it with you.

Why this is a must-attend event. Shared Housing promises to be one of the best opportunities in real estate investing for the next 20 years. Join us for this free online event, learn from the top educators on this topic, and discover how you can do well by doing good.

https://www.baltimorereia.com/...

What’s the latest on rent collections? How about water bill discounts? Explore both topics on our next…

“Connections” Webinar:

“Vital Updates for Landlords”

Wednesday, July 28, 7:00 p.m.

For our next “Connections” webinar, attorney Jason Frotto returns to share his legal expertise with you. Jason will discuss:

The status of collections in 2021.

How to take action while a tenant is still in your property.

Pitfalls to avoid when vetting new tenants.

New legislation that affects your current lease agreements.

You’ll also hear from Rianna Eckel about the new Water 4 All bill, regarding water discounts from the Department of Public Works.

https://www.baltimorereia.com/...

Presented by John “Jack” F. Kiley, CPA, CISP,

Managing Partner, MidAtlantic IRA, LLC

Join us online on Tuesday,

July 27, from 6:30 to 9:00 p.m.

This meeting is FREE for all,

but the number of lines is limited.

Combine funds with your IRA? Great idea — when you know the right way.

At our next Strategies IRA Meeting, John "Jack" Kiley of MidAtlantic IRA will help you understand the best structures for pooling capital with your IRA.

Important: you'll learn not only how to combine IRA funds with other investment funds, but also the potential pitfalls.

You want to make money with your IRA, not invalidate it. All the more reason to attend this meeting and benefit from Jack's expertise.

QUESTIONS? Contact MidAtlantic IRA at 800-607-0145 x260 or [email protected].

https://www.baltimorereia.com/...

Our Main Event is back! Live and in person at the Best Western.

WITH FREE PARKING!

Set your calendar and join us on July 14.

Can’t make that date?

We’ll live-stream the event in our Facebook Community.

Doors open 6:00 p.m.

Newbie Meet & Greet 6:30 p.m. — bring any question about real estate investing.

It’s a challenging time to rehab. Inventory is tight, property prices are high, and many material costs have skyrocketed.

Rehabbers have always had to be careful to buy right and rehab the property right, and it’s true now more than ever.

At our upcoming Main Event, veteran rehabber David Page and veteran contractor Rhyan Gamet will share what to do — and what not to do — in today’s market. You’ll also learn from Charlie Beall, Rhyan’s business partner in R&G Remodeling.

The good news: when you rehab a house right, selling it is the easy part. You can push the limit on the after-rehab value. But don’t over-improve and over-price the house — it still has to appraise for the buyer’s lender.

What you’ll learn at this meeting could help you earn a big payday or avoid a big loss. Join us!

Early Bird promotion --> https://www.baltimorereia.com/rehabbing-for-big-rewards-july-2021/

In person on Saturday, July 17:
our “Rehabbing for Big Rewards” class.

PLUS: Property visits on Sunday the 18th to put your new knowledge to work — and perhaps buy a property

Once again your instructor David Page is bringing in contractor Rhyan Gamet as his special guest. Along with her partner Charlie Beall, Rhyan will share their expertise on estimating costs.

Who needs to know rehabbing? You do! Because virtually everyone in the real estate business needs to understand the fundamentals of fixing up a property.

Wholesalers need to know what rehabbers do, in order to get a house under contract at a price where both parties make money.

Buy-and-hold investors need to know rehabbing, because most of the properties you buy will need a rehab — and today’s renters are fussier than ever.

And of course, rehabbers themselves need to know what they’re doing. Because the paydays can be big, but so are the risks.

Local rehabber David Page will share his expertise with you — knowledge earned at a huge expense in time and money — so you can get up to speed fast for a modest amount of money.

David has been rehabbing exclusively in the Baltimore area for several years. With more than 40 rehabs under his belt — from row houses to detached houses, in the city and county — David has been there, done that, and bought the sump pump.

Special guest Rhyan Gamet is a general contractor who has done everything from cosmetic to full-gut rehabs. She’ll show you how to do a quick ballpark estimate so you can come up with an offer — before someone else gets the deal!

Here’s what we’ll explore

Why you may want to rehab: expected paydays… a bad reason to rehab… a bonus reason
Tough love: the truth about rehabbing… the risks… the ups and downs… it’s a job (a well-paying job if you do it right)
Where to rehab — including the single biggest mistake newbies make
What kinds of houses to rehab, and what kinds to avoid — hint: you want a house that has “the right things wrong with it”
How to work with contractors — and what to do when you find yourself working against a contractor — from hiring to firing
The scope of work — how much detail do you need?
The draw schedule — how much to pay and when — including when not to pay
Contractor’s lien release and warranty
Being your own general contractor — advantages and disadvantages — are you ready for it?
What insurance you need, and what contractors need
Licensing: who needs it?
Permits: where and when do you need ’em?
Estimating rehab costs — the second biggest area where newbies make mistakes — why you must be able to do it fast
What to do in your rehab — what not to do — where to spend your money — whose opinion matters — with plenty of photos to show you exactly what sells
Crunching the numbers: the quick formula vs. the long way
To stage or not to stage
Dealing with the buyer’s inspection addendum
Finding deals, funding deals, and choosing a business entity. The primary emphasis on this class is the rehab itself, but we will address these other areas.
Your generous support materials
include a wealth of documents

The extensive materials for this course include:

Property intake sheet — a quick form to help you determine if the property is even worth considering — including red flags to avoid
Two formulas for calculating offers — line-item and square footage — to help you make offers fast with reasonable accuracy
Scope of work
Checklist from closing to closing
Independent contractor agreement
Workers Comp form
W-9 and 1099
Lien release and warranty
Form for firing a contractor
FREE BONUS: Property visits on Sunday

You’ll see multiple properties in the afternoon. Using your new knowledge, you’ll determine what needs to be done and estimate the cost right then and there. You may even buy one of these properties to do your first rehab!

Want great cashflow? Get great tenants! Learn how from two experts!

For our next “Connections” webinar, your moderators Mary Jo Whelan and Michelle Yang, both property managers and buy-and-hold investors themselves, will show you their proven techniques. You’ll learn how to:

Find great tenants. Get Michelle’s and Mary Jo’s tips for using Craigslist, GoSection8, and tenant placement services.

Screen tenants to make sure they’re great. Learn clever questions to help you get at the truth. Plus vital details of the application process.

Make your property appealing to great tenants. Smell… temperature… little things matter. Plus: the advantages of group showings, and signs that a tenant may not be so great after all.

Get off to a good start when your tenant moves in. Tips on what kind of payment to accept… taking photos… how to handle BGE… lids for trash cans… and more.

If you’re a landlord now… if you ever want to become a landlord… this meeting is for you.

https://www.baltimorereia.com/...

On our next “Connections” webinar, Joe DiMaggio will help you spot 10 land mines that he has seen destroy all too many real estate investing careers.

Joe has been a full-time investor since 1987. He has an extensive rental portfolio for cash flow and does fix-and-flips for infusions of cash. He’s also a hard money lender who has assisted many investors with advice as well as funding.

Why this is a must-attend webinar. For the survival of your real estate investing career! Any of the 10 land mines can be financially lethal, and no one is better equipped than Joe to help you avoid them.

What you learn on this webinar could help you save huge amounts of money and stay on the path to success.

Want more of Joe’s wisdom? Along with Larry Blizzard, Joe teaches our “Millionaire Secrets for Creating Wealth and Cash Flow” class. You get a recording of the live class, the presentation slides, and all the supporting docs. Check it out!

P.S. to our members: THANK YOU for yo

During this live, online workshop the experts at Anderson Advisors will address 6 key strategies to help you keep more of what you earn and protect your wealth. 

1. Liability reduction. How to operate your business without bringing on personal liability exposure. 

2. Tax reduction. The top 20 tactics Anderson clients use to save an average of $13k per year in taxes. 

3. Business structuring. Choosing the entity for a business structure that works for you, not against you. 

4. Legacy wealth. How to pass the fruits of your efforts to future generations while avoiding taxes. 

5. Retirement strategies. Harnessing the tax code to create a tax-free retirement and put your IRA and 401(k) to work.

6. Asset protection. Multiple strategies to build a fortress around your life and assets.

FREE online event:
“Marketing Your Way to
More Profitable Deals”

Wednesday, June 9, 7:00 p.m
https://www.baltimorereia.com/marketing-your-way-to-more-profitable-deals-june-2021/

The market is tough, but some investors are still making money. How can you do the same?

Meet Jason Roberts and Rachel Schneider, creators of the REI Blueprint. They'll be live and online with you to share what's working now to find and acquire deals. Including:

Marketing for deals: 4 strategies that work if you do ’em right. We’re talking probate, local banks, foreclosures, and evictions. You say foreclosures and evictions are on hold? Be ready to pounce when they aren’t!
The effects of Covid today and tomorrow. It ain’t over, folks. Learn how you must adjust to Covid’s impact on the market.
The 5 stages of closing a deal. Marketing (see above) was only stage 1. Jason and Rachel also will touch on: 2) evaluating the deal, which includes estimating repairs, 3) getting the offer accepted, by building rapport with the owner, 4) determining the exit strategy that will net you the biggest payday, and 5) closing the deal, with funding you’ve lined up.
If it sounds like a lot to cover, that’s because it is. Good thing Jason and Rachel talk fast!

About your presenters. Jason Roberts and Rachel Schneider have been at the cutting edge of real estate their whole careers. They owned a mortgage company at a young age… experienced the market crash in 2008… and rose from zero to join the ranks of the country’s top real estate investors and educators.

Why this is a must-attend meeting. Jason and Rachel share strategies they’ve learned not only on their own, but also from other top investors nationwide. These up-to-the-minute, under-the-radar strategies are working now. Join us and put them to work for you!

Got a question?
Want help with a problem?
Have a tip to share?
Our next webinar is all about YOU.

https://www.baltimorereia.com/open-mic-night-for-landlords-may-2021/

Your hosts for this webinar:

Michelle Yang, Baltimore REIA Membership Director, property manager, and moderator of our Strategies Landlording Meeting
Mary Jo Whelan, Strategies Landlord Meeting moderator, property manager, and past President of NARPM (National Association of Residential Property Managers)
Joe DiMaggio, Executive Director of Baltimore REIA, landlord, and hard money lender.