All Forum Posts by: Kathleen E.

You've done your due diligence. You bought it right. Those weeks of mail out campaigns, 99 calls, miles of driving for $$ have paid off and you've finally closed on that “unicorn” distressed property! Now what?!

For many savvy investors, the answer is BRRRR! Tonight we bring you one of our most trusted investor real estate agents who will share how she grew her portfolio using this crazy successful investment strategy: Buy, Renovate, Rent, Refinance & Repeat! She'll discuss

· How BRRRR works in real time

· Timeline for successful results

· Using BRRRR to leverage your existing resources

· How she has grown her portfolio by following these steps

· Tips for a fast start

Joy Hagerty is an experienced investor – and tenacious overachiever. Starting with 15 years at Wal Mart, Joy earned an MBA and CPA. She is a realtor working exclusively with investors. Beginning her investing career with a short-term rental rehab, Joy has grown her residential portfolio to 30+ doors and entered the storage-commercial market.

Have you noticed that the tenant pool is trending a bit older? The Boomers Are Coming! Discover why that's going to make your life easier.

The numbers are clear: More than 11,200 people are turning 65 every day. Many of them are choosing to downsize and shed the responsibilities of maintaining a house and yard. That is good news for landlords - IF you are prepared.

There's a lot to be said for older tenants: not so many wild parties, more stable income, less turnover. There are a few practices that will make your life easier when servicing this market, however. This month we're bringing you a seasoned property manager who loves working with this growing tenant pool. With a few simple adjustments, Brian will show you how. He'll discuss:

• -How older tenants are different
• -Important initial discussion
• -Easy, adaptable onsite changes
• -Cool gadgets Boomers look for

Brian Clark owner of ABC Property Management, a company specializing in managing a diverse portfolio of properties spanning across the Northwest Arkansas area. Brian has a passion for delivering exceptional service and maximizing the value for each account.

Looking for a way to grow your portfolio in a tough market? Check out the AR Tax Lien Auction held this year in July!

Each year Arkansas auctions tax-delinquent properties that have been claimed by the state. There are great opportunities here, but there are a few "Buyer Beware" warning you need to understand.

We're bringing you the people who actually run the auction from the Commissioner of State Lands office who will walk you through the process. Then, local attorney Paul Younger will explain post-auction title work - just in case you win! They will explore:

· How properties become delinquent

· Cool online listing of all available parcels

· How the auction works

· What happens if you win

· Perfecting the title

Building codes can be so confusing that many investors may just ignore them. Not the best plan! When you understand the reasons for the codes and what cities are trying to accomplish, they make more sense.

Tonight Benton Co. Fire Marshal Yarno offers a fun way to walk us through the building codes maze and what new codes are implemented for them. While the codes may vary from city to city - 39 municipalities in NWA, the basis for creating them and how they affect what you can do with your investments is the same. He'll share with us:

· Why are codes implemented

· Why it's important investors comply

· How to find the codes for your town

· What to do if you need a variance

Gary Yarno is the Director of Fire Services and Building Safety for Benton Co. Gary also serves as the Fire Marshal for Benton County. He previously served for 20 years as a professional firefighter and in San Bernadino Co. His goal is to help you understand the permit and code requirements when building in unincorporated Benton County.

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

Although large multifamily properties, defined as properties with more than 50 units, are usually what come to mind when thinking of an apartment building, but what about the small multifamily properties? Small multifamily are defined as properties with between five and 50 units, are the predominant property type of multifamily.

Investing in multifamily properties can change your life, whether you want just a few small deals or a real estate empire. Buying in bulk and can quickly scale up your passive income faster than you think possible. If you are considering multi-family real estate investing as a serious source of income, we have a panel of experts in this area. Find out how investing in this area would work for your portfolio:

· How is doing a deal of 5+ doors different than 1 door deal

· What are the ways to a more affordable entry to MF for the new investor

· Opportunities in MF syndications

· How to find profitable MF deals and best markets to invest in

· What about ground up development to profits

Alexandra Tirado is a full-time real estate developer, working alongside her husband James. They are in the process of completing a 30,000 SF townhome development in the heart of downtown Bentonville and are currently planning a 60,000 SF condominium project, also in downtown Bentonville. She also is our Government Affairs team leader working with the scouts to generate our weekly Government Affairs Scout Newsletter.

Joel Treat Executive Broker at Weichert Griffin Commercial Division. He has held an Arkansas license for 18 years and Oklahoma for 6 years, servicing clients with both residential and commercial. Joel comes to us with a eye for the market of commercial development and investing.

Anthony Doss is Multi Family - Investor as a limited partner in 5 multifamily syndications consisting of 1272 doors with these properties being in Texas, Arizona, and Nevada, he also holds single family rentals properties in Barling, AR. and operates in the lending space, holding notes on REI backed securities and commercial non-collateral signature loans.

Josh DeBlaay Multi Family GP Investor in AZ and UT and founder of Vidascend Investment Group helping others on the journey to passive income through multifamily real estate investing.

Nate Robinson is Vice President at Todays Bank. With a history of working in the banking industry. He also co-owns a successful boutique retail company and residential investment property.

In Person and Open to All! Non-Members: $20 Door Charge ~ Members Always Free

Running clean jobsites is imperative - not only for your contracted workers, inspectors, and reputation, but for your sanity. Keeping track of everything takes time and attention, but it must be done or else the whole system breaks down. There is no excuse for wasting time looking for tools and supplies through a wreck of leftover debris.

A clean site is simply safer and more rewarding to work at. We are going to hear from specialty businesses on how they can help keep the Jobsite - Safe and looking good.

· Getting started: Permits, city code requirements, and varying municipalities

· Working with the city: Bella Vista

· Subcontractors - setting the expectation

· Executing the final result: periodic touch ups and the final cleaning

Austin Rawls began with REI NWA as a semi-rookie and, like a rare few, has done all the things he's supposed to do to become the successful, savvy investor he is today. He invests in all types of real estate, works alone and with partners. He is an active investor and has put his money to work for him in syndications as well. Along the way, he has co-founded Perfect Edge Lawn Care to assist his fellow investors in maximizing the return on their assets. Austin is rapidly becoming our next Rock Star!

Mitchell Humbard comes from a family of builders and is owner of Black Oak Builders. His business specializes in building spec homes in Bella Vista where he works in hand with real estate investors. As a general contractor he has executed many remodels for customers and personally done his own fix and flip properties.

Amanda Nikel began her entrepreneurial journey with 1 investor. This investor ended up with 15 short term rentals that she cared for and maintained. She has walked alongside many investors from the clean up and quick flip sales to the complete home renovation with a big construction site detailed and deep clean up to maximize and beautify their products.

Ramon Gutierrez owner of Strong Lion Junk removal and Hauling. They assist real estate investors by clearing out debris, removing junk, demolishing sheds, old fencing, or just any unwanted items from properties. Our junk removal services plays a crucial role in supporting real estate investors across various stages of property development and sales.

Whether you are new to real estate investing or evolving your niche, you are only as strong as the team with which you surround yourself. You will find networking is a valuable business skill to find your super team. Be it partnerships or re professionals, having the right connections are the building blocks to your business growth.

Today we are going to hear Joes experience at building his team. Whether you do wholesale, fix n flipping, or rental you will have take-aways as he shares how your social capital, or your ability to build a network of authentic personal and professional relationships, is the most important asset in your portfolio.

· Who are these super team professionals

· How an outside re professionals support overlaps in the different re niches

· Best networking skills used to qualify the right super team players

· Activating the super team resources

Joe Daniels is a Director of Zero Emission Fleet Strategy at Walmart, with an education in civil engineering. He is teamed with his wife Tiffany in their real estate investment business, BCTL Properties, crafting their company name from a personal initiative called Build Community Through Love (BCTL). Their rei strategies include house-hacking, buy-fix-flip, BRRR with long-term rentals.

Meetings Now In-Person & Open To All

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

There is a saying - if you stay ready, you don’t have to get ready. So, if you manage your own rentals or are a property management business are you ready this year for the upcoming tax date? If not there is still time to get ready or adjust accordingly so it is not the dreaded day!

As active investor- in the rental business you have a lot on your plate. You need to wear many hats and juggle multiple tasks simultaneously in order to keep your business running smoothly. But even if you're doing everything yourself, there are certain things you can't afford to ignore - like bookkeeping to tax preparation. Learn from one of our members some valuable tips to get ready and stay ready for this season:

• Organizing for tax time
• How a bookkeeper can help you get or stay organized

• Expenses or Costs - They're not the same

• What to do about workers and service providers

• Relevant recent tax changes for landlords

Brian Fleming is an Accountant and Enrolled Agent in NWA. An investor himself, Brian has presented at REI NWA meetings and been one of our instructors for the REI 101 courses. In addition to his accounting background, his specialty is running the numbers and finding money-saving strategies for our investors.

Meetings Now In-Person & Open To All

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

~Note New Location~

****Hyatt House in Rogers****

We look forward to this program every year when we bring together a Panel of Pros to see if you can Stump the Chumps! We're especially excited about our Panel this year. Some of the top real estate minds in the state are sharing their wisdom. Attorney Jenna Fogleman Saifi, Bank President Mark Cloud, General Contractors The Adams Family and Realtor Broker Stephen Mansfield are going to be tough to "Stump"!

Is there a question that's been bugging you, but you haven't known who to ask? Questions about forming or funding that joint venture? The REI funding options available? What is best practice for quality checking your material orders before they are installed? How to shop for that realtor- rei relationship win-win experience? We've got you covered. Bring it on!

Jenna Fogleman Saifi is a Partner at Miller, Butler, Schneider, Pawlik & Rozzell. Licensed to practice in AR, OK, and MO, Jenna is experienced in residential & commercial purchase & leasing, landlord/tenant law, 1031 transactions, contracts, business formation and governance, and estate and trust administration.

The Adams Family. Charlie and his wife, Elizabeth, are long-time investors, landlords and developers in the Springdale area. They're a savvy team working together, keeping up with market trends, have a ton of connections and have mentored many of our REI NWA members. The Adams will bring us their best practices in the area of General Contracting.

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. Mark is also on the Springdale Planning Commission. Integrating his construction background with funding expertise makes Mark a "must have" for your team.

Stephen Mansfield is a Managing Executive Broker with Re/Max Real Estate Commercial division. He gained experience during more than 30 years in various positions in the commercial real estate field and has had his renovation projects featured in national publications including Lodging Magazine. Stephen comes to us with a wealth of rei expertise.

Non-Members: $20 Door Charge

Members Always Free

Build-to-rent real estate takes rental property investing to the next level by building new homes from the ground-up for the specific purpose of renting to tenants. Build to Rent (BTR) has been around for a few years now but, it's still a relatively new concept.

Because the sector is generating so much attention and investment, it’s important to understand what’s involved, decide what role you might have in the BTR business, and understand how the niche may help clients. One of our own members is going to give us insight by unpacking his experience in this area:

• The spark of build to rent and why it is growing
• Process of determining profitability of project
• What to look for in a BTR location
• Features attracting the renters
• Gauges to know if this area is for you

Tyler and Renee Casey are the owners of Pro X Property Management, a unique real estate and property management firm focused on helping investors build wealth. Investors themselves, the Casey's have built a 20-unit apartment complex, and currently have 6 infill duplexes under construction, 2 infill SF builds and a 12-unit duplex subdivision in development.

In Person and Open to All!

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