All Forum Posts by: Kathleen E.

Landlord Lunch ~ Tuesday Nov. 15,  12pm at First Watch Bentonville, AR 

Tips From A Real Handyman

Yep, there actually is a real Handyman out there - at least one, anyway. These guys need to be a Jack of All Trades. They can do everything from installing that ceiling fan to fixing a leaky toilet to adding that extra family room you've been saving for.

This month we're bringing you a seasoned guy who recently moved here (and hasn't been overbooked yet!). He'll share some of the tips and tricks he's picked up along the way. Chris tells me he's going for his General Contractor license, but in the meantime he's letting us pick his brain. We'll explore:

· Saving $$ with the right maintenance

· Pros & Cons of buying quality materials

· Handyman vs General Contractor - What are the rules?

· Plumbing: A little drop can cost you

· Ideas for cost-effective remodels

Chris Crosby is an experienced handyman with years of experience in all aspects of rehabbing, repair and remodeling. A recent transplant from Sacramento, Chris operates a One-Stop-Shop with skills in carpentry, drywall, plumbing, electrical and more. He's new to NWA so If you're looking for a handyman, get him now while he has time to spare!

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

Main Meeting ~ Changing World of Money
November 10, 5:30PM at Home2 Suites 

In uncertain times, investors look for as much solid information as they can find. While no one has a crystal ball, our Panel of Pros are seasoned professionals who have seen many cycles of ups and downs. We're also bringing you a bright young lender with insight to tomorrow's investor pool.

A Chinese blessing/curse says: May you live in interesting times. Well, here we are! If you are searching for a better idea of what is causing today's conditions, savvy advice for weathering the storm or potential solutions to future conditions, you won't want to miss this program. We'll explore:

· Local market conditions

· What's working and will probably endure

· What's breaking in the current system

· Fledging solutions

· Mindset of tomorrow's investor

Sam Harris is Market President of Armstrong Bank, a community bank with locations in the Ft Smith area and NWA. Incredibly knowledgeable about real estate investing, Sam has his finger on the pulse of the market in NWA, he has been a solid partner to many of our members involved in both residential and commercial projects.

Mark Cloud wears many "real estate" hats. Vice President of Commercial Lending for First National Bank NWA, Founder of Integrated Solutions Group providing design and construction consulting for architects, investors and developers. In January, Mark was appointed to the Springdale Planning Commission.

Wes Fikes is the owner of North Forty Realty, North Forty Property Management and North Forty Construction located in Bentonville. He's a well-diversified real estate Broker, and cash flow investor with a portfolio of single and multi-family properties and Limited Partner interests in 1,900+ doors located in AR, NC, SC, KY and TX.

Yu Ning is President of Delight Funding, a mortgage brokerage specializing in solutions for residential and commercial lending. Yu has studied the strengths and weaknesses of different lending programs and brought together a team of bright, young financiers to provide instructions and tools for anyone who wants to achieve the goal of financial independence.

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

It's always been inspiring for me to hear how other investors have achieved success in real estate investing. Often, it it's more of a winding road than a straight path. If you're a Rookie wondering if this is something you'll actually be able to do, join us to hear how one investor has achieved success despite several roadblocks.

Like many investors, Deborah started out with little indication this was a career that would work for her. Tonight she'll share how she overcame several obstacles using creative financing; she'll offer ideas for how you can do the same and answer all your questions. She'll explore:

· Her personal journey to success

· Getting started with the best resources and tools

· Subject To as a favorite saving grace

· The MERP Deal

· Preparing for a Short Sale explosion

Deborah Myers started investing in 2008 with no credit, no money, no connections or reputation, no education and no knowledge of how to invest in real estate. She began with self-education, completed dozens of transactions and eventually progressed to some high-level coaching and mentoring. New to NWA, she is eager to share some of her success stories and how others can achieve their dreams through real estate

Hard to believe it's almost 2023, but for investors who may need to make adjustments to their portfolio, we wanted to give you enough time to make those changes for this year - or next.

Our Panel of Pros will offer suggestions that can save you money, enhance your portfolio and remind you of those annual maintenance tasks to preserve the value of your assets. They'll discuss:

• Tax savings tips in time to make needed adjustments
• Legal review of your portfolio for possible consolidation
• Property maintenance tips for more efficient operations
• How last year's performance can lead to next year's goals
• Best guesses for 2023 Real Estate Market

Paul Younger comes to us with a wealth of real estate experience and has leveraged his practice as a real estate attorney to start TWS Title Company. Paul has advised many of our investors on the legal, financial and now title aspects of closing real estate transactions. A well-rounded speaker and great networker.

Wes Fikes is the owner of North Forty Realty, North Forty Property Management and North Forty Construction located in Bentonville. He's a well-diversified real estate Broker, and cash flow investor with a portfolio of single and multi-family properties and Limited Partner interests in 1,900+ doors located in AR, NC, SC, KY and TX.

Jennifer Langhover is Branch Manager at Highlands Mortgage. She started her career with Lindsey, purchased Cornerstone Mortgage Group and has transitioned to running the Highlands office in Rogers. Exceptionally knowledgeable about the ever-changing loan programs, Jennifer is known for personalized customer service and going to bat for our members.

Meetings Now In-Person & Open To All

Non-Members: $20 Door Charge ~ Members Always Free

• October 27, 2022
• 5:30 PM - 7:30 PM
• San Miguel Mexican Grill - Fayetteville

One of the things our developers tell us is that zoning regulations in most municipalities prevents them from being able to build with flexibility. Planned Unit Developments (PUDs) and Planned Residential Developments (PRDs) are designed to address that issue.

Developed to ease some of the zoning regulations in order to promote creativity, PUDs/PRDs can be designed for project as small as one acre! They can be created to address a specific purpose such as Affordable Housing or Mixed use and are used to implement community development goals.

Tonight we bring you a multi-talented, seasoned pro to explore this creative tool for our current crazy market. He'll share:

• What exactly are PUDs/PRDs
• Who can develop them
• When does it make sense
• What criteria must you meet
• Pros and Cons of this tool

Mark Cloud wears many "real estate" hats. Vice President of Commercial Lending for First National Bank NWA, Founder of Integrated Solutions Group providing design and construction consulting for architects, investors and developers. In January, Mark was appointed to the Springdale Planning Commission.

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

It's a stressful time for everyone with lots of uncertainties, maintenance issues, money and sometimes drama. Having a good lease can make a difference, but having a checklist and a few tips can make the transition a little easier.

This month we're bringing you a seasoned property manager with some strategies to keep you on track for a quick, efficient turnover process. Savvy landlords know we all make mistakes, but they don't have to be yours. We'll explore:

• Enforcing the lease
• Hidden costs
• Tips for minimizing the timeline
• Strategies to reduce the turnover "negotiations"
• What you may want to include in your next lease

Nick Slagle is owner of Home Roots Property Management, a real estate broker and a landlord. As such, he’s seen most every repair/maintenance scenario and has developed best practices to minimize time and cost to resolve them. Nick understands the downside of vacancy and value of maintenance. He's a great addition to your team.

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

October 04, 2022, 5:30 PM – 7:30 PM

@ Whole Hog Cafe ~ Bentonville

Perhaps the most important thing a Rookie can learn is how to "Run the Numbers". We're going back to basics this month and bringing you a seasoned investor who will take you through the analysis process.

For the most part, the numbers are the same, but every investor has their own process for getting to the bottom line. That's why we like to present this program with a variety of investors. You'll learn something different from each one and gain a new perspective each time. Tonight we'll explore:

• The basic formulas you must master
• Other key numbers to help you think like an Investor
• Three key numbers you need to negotiate a good deal
• Other factors impacting the bottom line
• What this investor has seen in today's market

Ryan Wegerer is a seasoned investor specializing in single- and small multi-family properties across NWA. With a strong passion for real estate, he enjoys helping newer investors get their start whether it be buy & hold, short term rentals or flips. Ryan is an agent with the investor-friendly team, Blackstone & Company.

Meetings Now In-Person & Online

Non-Members: $20 Door Charge ~ Members Always Free

Many of our smart, creative investors who find today's market scarce and overpriced are looking at mobile homes as a lucrative alternative.

Yes, there's a learning curve with wells and septic, but the options expand exponentially outside our NWA municipalities. Mobile Home parks are actual gold mines for the savvy investor.

Tonight we're trying a new format - what I'm calling a Peer Discussion. Rather than have one "expert" presenter, we'll invite several investors with experience in the topic at hand; in this case Mobile Homes and Mobile Home Parks. We think this will be a fun, collaborative event for all. We'll explore:

• Existing vs New Build
• Where to find them
• Can you rehab a mobile home
• What do the numbers look like
• Cautionary tales from real deals

Since we won't have just one speaker, here are the investors who will share their stories, good and bad, to ensure an informed, lively discussion. Feel free to jump in with your own experiences, questions, ideas or comments.

Here's the group who'll get us started:

Priscilla Gamble, Investor
Kari Hodges, Executive Broker, Pedigree Realty
Seth Ellsworth, Investor

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

We all know Cash Flow is important, but how you get it, nurture and keep it is less understood. Turns out - it can flow in two directions!

Today, we're going to hear from one of our savvy investors whose spent a good deal of time thinking about this, practicing in his own portfolio and sharing a few strategies he's learned along the way for growing Cash Flow and keeping it headed in the right direction. We'll explore:

• Sources for interest rate shopping
• How to find an investor-friendly lender
• Building banker relationships
• Approaching private lenders
• What is a Negative Interest Rate

Pasha Maleknia is a local investor with a background helping Walmart with Real Estate market and feasibility research. Pasha and his wife have been honing creative funding strategies while investing in long term rentals, Airbnb, flipping and wholesaling. He uses his instagram page @techie.realestate to share his real estate journey.

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