All Forum Posts by: Kathleen E.

Congratulations! You've made the decision to jump into
the world of real estate investing. You've read the books,
watched the videos and are ready to go for it.
But first, there's a few things You Need!

What You Need to Know :
*Your Goals and Resources
*The Market
*What's a Good Deal

What You Need to Have :
*A System
*Pool of Buyers
*A Good Deal

What You Need to Do :
*Execute The System
*Build A Pro Team
*Be A Problem Solver

When and Where :
Saturday ~ July 15
8:30 am to 4:30 pm
Springdale Holiday Inn
Try new a new spot with 60 minute Lunch in Springdale

REI NWA Member Investment
Membership has its privileges!
We offer educational programs
at significant discounts to
our members.
$249.99

Non-Member Investment
The best investment
you will ever make!
$369.99

Not a member yet?
Join today and get the Member Cost
One full year of REI NWA events
and includes two people.
That's a bargain!

For more information, contact Kathleen
479 601-3472 ~ [email protected]
https://conta.cc/3Of5pCZ

Short Term Rentals (STR) went through a rough patch end of 2022. Increased regulations, growth of alternative accommodations, and a looming recession, but is STR niche still hot or not? This month we're bringing you a pro who will explain the basics steps to successful STR and taking it to 5-star experience.

Effective strategy and preparation can help an enterprise stay afloat in times of turmoil—as do the customers who keep coming back for great experiences. Join us to learn some of the challenges before you decide if this is the best strategy for your portfolio - and learn how to ensure your highest ROI if you are already STR investor. Garrett will discuss:

• STR Hot or Not
• Tips for successful set up
• How to manage for 5-star review
• What are watch outs for STR
• Taking it from active to passive

Garrett Ham incorporated his law education and military life in the US Airforce into a real estate investors future. With several buy and holds as he moved around the country to now owning his own local STR management business Weekender Management.

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

It's that time again! The annual Arkansas Tax Lien Auction for NWA will be held in person July 11-19. We wanted you to have the most up-to-date information possible before you start bidding so we've brought you a Panel of Pros.

The Tax Lien Auction is a great way to increase your portfolio, but there are a few "Buyer Beware" warnings you need to understand. Lisa Pelton will walk us through the Public Auction process. Then Paul Younger owner of TWS Title Company will talk about how your title is perfected for secure future activity. They'll explore:

· How Property Becomes Eligible for Auction

· The Auction Sales Process

· The Redemption Process

· Post-Auction Sales Process

· Confirming the Sale and Perfecting the Title

Mark your calendars for the State Tax Lien Auction schedule in NWA:

· July 11: Crawford, Franklin, Logan, Scott, & Sebastian Counties @ Wyndham Hotel Ft Smith

· July 18: Washington & Benton Counties @ Metroplex Rogers

· July 19: Carroll & Madison Counties @ Inn of the Ozarks Eureka

Lisa Pelton is Director of Real Estate for the AR Commissioner of State Lands. When they have auctions, Lisa supervises the process in each county. In the meantime, she is the person answering all questions about Arkansas real estate.

Paul Younger comes to us with a wealth of real estate experience. He has leveraged his law practice 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.

It used to be a simple Yellow Pages ad. In today’s world, businesses need 1) a cell phone, 2) a business card and 3) a web presence. For a Rookie, a professional website can help increase your credibility and demonstrate an ability to solve problems – and it does that 24/7.

But you say: I’m an Investor! I don’t need that exposure. Tonight, we’ll challenge that thought. Kirk will share:

· Why an Investor would need a website

· What should be on your site

· Who are you trying to reach

· How to drive traffic to your site

· Keeping it fresh

Kirk Kryger is the owner of Arizona Dutchman, a business targeted to support the Real Estate Investor community with specialty services in designing websites and other marketing tools. A serial entrepreneur, Kirk has focused his businesses on the digital marketing needs of real estate investors.

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

Join us EVERY OTHER Saturday as we walk you through The NEW Fix & Flip Project
MAY 20 to AUGUST 12 ~ 9 am to 4 pm

WHAT YOU WILL GET:

• Experienced mentors will guide you through each step
• Real estate experts will answer all your questions
• Local resources ready to complete your project
• Investors ready to assist in funding your project
• Working lunch with Mentor and Guest Speakers
• REI will partner with you to build your team and complete the project

WHAT YOU WILL LEARN:

• Finding deals and hands on due diligence
• Walk-through actual properties
• Certified Home Inspector's Report
• Meet local contractors, professionals & investors
• Planning the project, phasing & timeline
• Budgeting and funding the project
• Legal structure
• Build your professional team

Don't miss out on this opportunity to learn from the experts!
We'll guide you through the first project. Then partner with you on your next Flip or DIY with all the tools you'll need for success!

INVESTMENT: $2,995 ~ REI NWA Members: $1,995

Mastering the art of REI negotiating can be intimidating. Better to be practiced up for when the time comes, than choke on a prospect and lose the deal. Role playing, script studying, and great coaches are ways to gain confidence and perfect the art.

Come be “edutained” as we will get the dos and don’ts of negotiating from two of our seasoned pros as they go head-to-head negotiating several investment scenarios. Guaranteed to be a fun, interesting and informative program with our guys who are knowledgeable, funny, and charismatic.

Larry and Austin will role play buyers, sellers and even potential tenants to demonstrate negotiating techniques they've developed over many years and a wide range of businesses. We'll give them three scenarios and watch the magic.

• Buy/Sell Scenario
• Tenant Selection Scenario
• Creative Financing Scenario
• Audience Picked Scenario – Lets see their skill with a hot potato

Larry Kelly is a seasoned investor, real estate broker, contractor, landlord, property manager and one of REI NWA's most valued resource. He's negotiated everything from residential/commercial sales to leases, evictions and keeping tenants in place. Larry has good stuff we want to hear.

Austin Rawls was our online host during Covid and is well-known to our members. A savvy real estate investor and the co-owner of Perfect Edge Lawn Care and Landscaping. Real estate investing is at the heart of his business decisions. Real estate investing portfolio consists of LTR/STR rentals, flips, and several deals where he was the bank to other real estate investors.

Non-Members: $20 Door Charge

Members Always Free

Scaling a business is about building all those things that can't be seen from the outside. If your goal is to scale your rental portfolio and maximize the potential of your investment projects, you’ll need to prepare for what that growth requires. Adding more properties to your portfolio also means more to manage on a day to day basis, and as your investments grow your management plan naturally will, too.

Join us to hear from our seasoned investor team who also happens to have other REI business outside of rental properties. Learn how they leveled up their rental portfolio to 70 doors and what their future steps look like:

• Their sauce for scaling past 1-10 doors
• What it looks like - Being ready so you don't have to get ready
• Some acquisition strategies
• Single Family vs Commercial; Rehab vs Build up
• With growth there is pain - REI management or bust

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 family believe in Win-Win solutions and work hard to make them happen.

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

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

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 new investor who will take you through the analysis process as they confidently provide insight to what the numbers mean.

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

Chris Taylor is a founding partner is in REI NWA Mentor Program and founder of Meridian Property Solutions where he specializes in analyzing the deal & private capital raising. He is now entering the Fix & Flip space with his first property. Chris' goal is to build new construction and development projects to help raise our inventory in NWA.

Several of you have asked for a pure-and-simple networking program with no speaker - Just Us. We have done this from time to time for the programs held at restaurants, but never tried it for a Main Meeting.

So here it is! We'll have several Round Tables so each can have different discussions. There will be a moderator at each table - Look For The Red Hat!You are free to discuss what you want - or just hang out and network. This is your night, so . . .

• Look for the Red Hat
• Introduce yourself
• Hand out cards
• Start a discussion
• Just have a good time - people will gravitate to you!

Darrel Donohew is in Real Estate Sales and an Army Veteran experienced in new built constructions of two multi-family projects and currently holds 4 long-term rentals, 1 short-term rental and 5 lots with the ambitious goal of acquiring 40 more SFR's in the next 18 months.

Non-Members: $20 Door Charge

Members Always Free

Are you having a hard time finding a good deal in NWA? you are not alone. This month we're bringing an option for your consideration - Investing Out Of State! Many of you may think of it as risky, but like anything it's only risky if you don't know what you're doing.

We're bringing you two experienced investors with out of state experience. Retired vets have the benefits of seeing many different markets in different locations. Having invested in those markets, Darrel and Ryan will share what they've learned. They'll discuss:

• How to learn about an out of state market
• Available Tools
• Pros & Cons
• Building your out of state Team

Darrel Donhewis in Real Estate Sales and an Army Veteran experienced in new built constructions of two multi-family projects and currently holds 4 long-term rentals, 1 short-term rental and 5 lots with the ambitious goal of acquiring 40 more SFR's in the next 18 months.

Ryan Leviseur highly accomplished entrepreneur and a Marine Corps Veteran. Ryan is a successful hospitality entrepreneur, owning and managing a rapidly expanding company specializing in short-term rentals. He is poised to take his business to the next level by expanding into the hotel industry.

In Person and Open to All!

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