All Forum Posts by: Kathleen Everitt

Tonight the Auction.com team will put on a mock foreclosure auction. If you've never attended an auction - or attended another type of auction, you'll want to share in this fun exercise. The team will take you through all the steps of searching properties, bidding and what happens when you win. You'll learn:

• How to research properties on Auction.com
• What to bring to the auction
• Online vs in-person auctions
• Bank-owned vs foreclosure properties
• Streamlined closing at Auction.com

Join us for this fun, informative program that is chock-full of information to help you keep your investing engine running smoothly and efficiently. Meet the people who run the auctions in our area and nationwide. This could be the best answer to finding more deals in our NWA tight market!

Auction.com is a national marketplace for residential bank-owned and foreclosure properties. Their simple online process makes it easy to find deals, bid and then close with confidence. 

Remember the glory days when good deals were falling in our lap? Gone. With vacancy rates between 0-4%, existing housing is rare and new construction is a viable and necessary alternative.

For the small investor, joint venture partnerships are a great way to increase the number of deals you can do and leverage your existing capital. REI NWA is lucky to have two seasoned investors and a rock star rookie who will share their experience in putting together successful joint ventures. They'll discuss:

• How to find JV partners
• Partner vs Mentor
• How to split the numbers
• Structuring the Partnership
• Being a good partner

Brant Barnes is one of our co-founders and has used joint venture partners to increase the number of flips and buy-and-hold investments in his portfolio. He's bought and sold real estate throughout the US and is willing to share what he's learned along the way.

Dustin Davis has put together many lucrative joint venture partnerships during his investment career. A soft-spoken guy, he has a wealth of knowledge about what works and what to look out for when putting together this important relationship.

And then there's Henry Washington, our Rock Star Rookie! Henry began investing in late 2017 and hasn't stopped yet. He met Dustin at an REI NWA meeting and they've been doing joint ventures ever since. Tonight he'll tell us how he did it.

I'm excited about bring this talented group of hands-on investors tonight. They are all generous with their time, knowledge and experience. If you want to know how it's really done, join us tonight and learn from the best. 

Buy & Hold investors have unique issues and challenges and who knows them better than other Landlords!

They meet for 3 months every other year. In that time, our senators and representatives will submit, consider and vote on up to 2,000 bills. Some of those bills affect you, your assets and your livelihood. We've brought in a woman from Little Rock to give us some insight into what goes on during those 3 months.

Sarah Scanlon is a consultant who's been involved with the political process for many years. She has conducted candidate training, run state-wide campaigns and developed issue strategies for various organizations. She'll join us Tuesday to discuss:

HB1410: The Minimum Standards bill introduced by Jimmy Gazaway, an attorney and first-term Representative from Paragold.

SB170: County and Municipal Regulation of Residential Building Design Elements determining who can set design standards for housing.

What to do to make your voice heard by those who are making the laws

How to keep up with rapidly moving legislation that may affect you

Join us for a lively discussion and get an insider’s view of how our laws are being made, who is investor-friendly and what issue are being planned that affect real estate investors. We'll have a great conversation, learn a lot and enjoy a wonderful lunch. See you at The Egg and I!

Seasoned Investor or Rookie, there is always something new you can learn to make that rehab faster, cheaper and smoother. We're breaking it down into three parts for you: pre-construction, project management, and post-construction. 

We've put together a Panel of Pros you're going to love:

David Cox is licensed an architect, a retired Navy Captain and an experienced house flipper. He specializes in project management, budgeting, and expediting permits. David is in the unique position of having managed new construction, commercial projects, and individual residential flips.

Jeff Stutesman appeared last month as our General Contractor "Chump" - and wasn't stumped! He's a 3rd generation General Contractor with 45 years of rehabbing, building and developing experience. Recently relocated from Missouri to NWA, Jeff is one of the few local GCs who may have room in his schedule for your project!

Henry Washington and Dustin Davis are one of our best Rookie team success stories. Starting in November of 2017 with $1,000 in capital, they now own 25 doors and have flipped over 7 properties. With results like that, everyone wants to hear what Henry and Dustin have to say!

This stellar panel will share their experience - good, better, best - and offer tips for honing your rehab skills including:

-Site observation and best-use options
-Streamlining the permit process
-Budgeting for flips and rentals
-Life-cycle of building materials
-Sequence and scheduling of the rehab project
-Determining exit strategy: Flip vs Buy-and-Hold
-Sales and leasing strategies: Leveraging your Contacts

We welcome anyone to attend their first program as our guest to see what we all about. If you like what you see, we ask that you join us. This is going to be a great program with lots of hands-on information. Join us to learn new best practices, meet other investors and add a few new pros to your team.

See you on Tuesday!

What are builders/developers looking for? Contractors, land, news, and connections. You'll find them all at Builders Circle.

It would seem that getting a building permit would be an easy process, right? And if all you're talking about is filling out the paperwork, you'd be right. But turns out there's a lot more to it.

BJ Hyde is the Deputy Chief of Community Risk Reduction for Rogers. That's what they call the building permit department now. He's also the Fire Marshal. In a past life, he was a real estate agent with Harris McHaney. So he's been around a while and has accumulated a wealth of knowledge, experience and stories - some bad, some good. He'll talk to us about:

This is your chance to meet the guy who could become an important member of your team. Learn what the rules are, why they are in place and how they can actually help you have a more successful project. Pick his brain and learn how to make the whole process as easy as possible.

Join us for an informative evening. Network with other investors, find out what's happening in Rogers and enjoy a fantastic dinner.

See you at Mimi's!

Buy & Hold investors have unique issues and challenges and who knows them better than other Landlords!

Landlord/Tenant relationships are the key to stable, long-term rentals. Having a clear understanding from the beginning makes all the difference when issues come up. Putting it in writing protects you and your asset. But there's more to leases than the written document. Find out what else you need to know.

Erik Danielson is the founder and Managing Partner of Danielson Law Firm with offices in Fayetteville and Booneville, AR. An investor himself, Erik brings us hands-on knowledge that goes beyond the written lease. He'll discuss:

• What to put in and leave out of your lease
• The rent application
• Termination procedures
• District vs Circuit Courts
• Tracking damages and tenant history
• Potential changes from 2019 General Assembly

So bring your questions, check out that idea you've been wondering about and join us Tuesday. You'll hear some good information, have a lively discussion and enjoy a great lunch. See you at The Egg and I!

What are builders/developers looking for? Contractors, land, news, and connections. You'll find them all at Builders Circle.

In NWA, septic is a fact of life. Whether flipping, leasing or building, you are bound to come across properties on a septic system. Knowing how they work, what restrictions apply, and why can make the difference between making a good deal or walking away from a tidy profit.

We've brought two industry pros to help you make an informed decision about that next Deal. Jon Jouvenaux is President of BBB Septic, Storm Shelters and Portable Toilets. He has been an investor for 15+ years and is well-respected in the NWA.

Piper Satterfield is Sr. Environmental Health Specialist with AR Department of Health. She specializes in onsite wastewater and provides technical assistance for the public and licensed professionals in the wastewater industry.

They'll discuss:

• How a septic system works
• What requirements are needed for septic
• Multi properties on one system
• The permit process and AR regulations
• What to bring when applying for a permit
• Why the regulations are needed
• How NWA is handling its growth in unincorporated areas

Join us for an informative evening with a couple of pros who have been there, done it and are willing to share the ins and out of septic. Network with other investors, find out what's happening in the area and enjoy a fantastic dinner.

See you at Mimi's!

It's that time of year again. 2018 is ending and 2019 is almost here. We have the perfect program to help you handle both events.

To close 2018, we're bringing you Brian Fleming, a CPA with Vantine, Barrett, and VanWinkle who will provide his year-end checklist for flippers as well as buy-and-hold investors. Some of the changes from recent changes in tax law will kick in this year so you'll want to hear what Brian has to say.

As for 2019, there is a new program encouraging investors to spend some of their resources in Opportunity Zones. To sweeten the deal, new rules allow investors to defer or even eliminate capital gains. It's not for everyone, however.

Rodger Lecy a Realtor at Weichert-Griffin Realty and long-time investor has done his due diligence and will tell us who can benefit from this program and why it may not be for everyone. Regulations are still being fine-tuned, but Rodger will explain what the government is trying to accomplish and who they are targeting.

Join us Tuesday for a great way to close the old and plan for the New Year. Network with successful investors, Rookies and investor-friendly businesses that can help 2019 be the best year yet! 

www.rei-nwa.com

Yes, it's smack dab in the middle ~ after Christmas and before New Year. We're meeting anyway! Never too soon to start learning about money! Debt! Risk! And what it takes for Success!

Ever felt like you're in a Rat Race? No time or no money and working for everyone but yourself? Cashflow 101 was created by Rich Dad Poor Dad's Robert Kiyosaki to help you battle your way out of the Rat Race by acquiring property, stocks, and businesses.

You'll start in a typical 9-to-5 job (that's not the fun part) and embark on a journey to build up an arsenal of assets that will propel you onto the Fast Track where real wealth is built (the fun part). You'll learn:

• What is good income and bad
• The difference between an asset and a liability
• What's good debt and bad debt
• Active vs passive income
• How you truly feel about risk, debt, and money

Everyone is welcome; membership is not required to play. Games typically last 2-3 hours.

If you're ready to become wealthy and financially free, this game is for you. Bring your sense of fun and a friend. For more information, call Kathleen at 479 601-3472.

www.rei-nwa.com

Are you a Rookie Investor or still looking for that first Deal? You'll enjoy this friendly group that gets together each month to network and talk about real estate.

Well Christmas is over and New Year is next week. Let's take a moment to breathe, think about what we accomplished this year before we start planning our world-class investment strategy for 2019.

No matter where you are in your investing career, you have to start there. If you've had some successes, tell us about them and give us a chance to celebrate with you. If you're still on the fence - and it's uncomfortable - we'll talk about what you need to take that first step.

The "Just Us" programs we've had in the past have turned out to be some of the best meetings of the year. Our members are friendly, willing to share what has worked for them and what didn't. Here's a wonderful way to expand your personal network and get tips for building your team.

Join us Thursday for a special evening with other Rookies, some investor-friendly businesses and a great dinner. See you at San Miguel!

www.rei-nwa.com