All Forum Posts by: Laura Alamery

@Shawn C.

Divorce filings are not my main core lead generation funnel, but I purse them if I see them in preforeclosure or Notice of Default, or tax delinquent.

@Jay Mott

I always say you have to become a private investigator as well when you become a real estate investor. :) 

Once I confirm ownership through the county website, I use WhitePages Premium (paid version - $20/month) as the first easy source to locate phone number and confirm mailing address. I have pretty good success with WhitePages (70% success rate.) If that doesn't work though, other sites to try are Intelius and beenverified.com.

If they all cannot get you good numbers, you can hire a private investigator, who can use a skip tracing service, and you can expect to pay $50+ per lead, but the success rate is pretty high.

@Shawn C.

I am copying/pasting below a letter I use for these type of leads:

Hello –

I am a cash investor, who is looking to purchase homes in ______ County.

I understand that you are in a situation where you have to sell your house or

investment property, cash in and/or relocate (choose one of the options) and

you need to do it quickly.

You have enough to worry about with the changes in your life going on, and

I am sure you would prefer not to list the house, waiting for the market to

change, before you can move on.

We have experience in dealing with difficult real estate problems and we do

understand that time is of the essence. We have the resources and the

knowledge about taking this property off your hands quickly and for a fair

price.

I have been in a real estate for a long time, and I am a private buyer, not an

agent.

Please let me know if interested.

Sincerely

Laura Alamery

@Matt D.

When wholesaling with another wholesaler, you should have a co-wholesaling agreement signed between you and the other party. Usually it is a 50/50 split, and a copy of the co-wholesaling agreement should be delivered to the title company prior to closing so they can disburse the proceeds accordingly.

You also have to be clear how the other wholesaler wants to split the proceeds: does he want you to sell the property for over what he wants or is he willing to disclose to you what he has the property under contract for, so you know the spread to split? If he wants you to sell the property for over what he wants, I would be careful about that. That would most likely price it off the market for a wholesale deal (buy low-sell low) and you would end up spinning your wheels for nothing.

@Tim Kirkpatrick

The tax assessor's office will have the last address where the tax bill was sent to, which might be an old address.

I double check the address against people search sites like WhitePages Premium, Intelius, BeenVerified, Inquiso or you can pay for a higher skip tracing service like Acurint or TLO by Transunion. 

As far as WhitePages, Intelius, etc. it is a trial and error situation: certain sites tend to perform better in certain areas and not as well in other, so I personally play around with all of them at different times. My accuracy rate right now is about 70% using WhitePages Premium and BeenVerified.

Those sites will give you also cell phone numbers, mailing address and relatives phone numbers (plus social media profiles.)

We had a great time last luncheon! Come and join us to see what it is all about!

*** PLEASE NOTE *** If you don't RSVP and PAY at the link below, your seat will not be reserved.

Click Here to Reserve Your Spot

We welcome women of all levels (new to seasoned investors) and professions to join us and learn or share experiences in an non-intimidating environment.

The ticket cost is to cover your lunch, taxes, tip and Take Away Manual.

During this lunch, I would like to meet you and discuss how we can grow this group of women in real estate investing, through training, workshops, live events and retreats.

This group is in dedication to women real estate investors and related professionals that are serious about business, cultivating strong relationships and dedicated to providing access to knowledge and information that can help each of us grow to the next level of real estate investing.

You will also receive a Take Away Manual with Presentation Training Notes plus a 3 Week Action Plan!

Here's a sample of what will be presented:

Our group is a fun-filled way to gain information on a variety of up to date real estate topics:

Click Here to Reserve Your Spot

Come join us! It will be fun with great food and like minded people!

About Laura (The Organizer)

Laura Alamery is a local real estate investor and consultant with extensive experience in several aspects of the real estate business. She has practiced real estate nationwide for 30 years and she has hosted seminars and public speaking engagements for over 15 years, in subjects like creative financing, wholesaling, fix & flip, buy and hold, buying notes and raising private money.

Read more about Laura and connect at Lauraalamery.com and Facebook

@Shane Sams

When dealing with sellers in distress, you always want to make it a win-win situation. What is in for them? How can you help them while making some money for yourself? 

Coming on too strong, will make them shy away. They have probably been approached by other high-strung investors. 

Using the word "foreclosure" is also a no-no and will trigger negative response.

Say something like, "I came across your property and I understand that you are going through some difficulties right now. I would like to discuss different options that I could help you with." Options could range from doing a short sale (if they are upside down on their loan,) taking over the payments (subject to), etc.

If you send them a letter, again write in the letter what is in for them and how you can help them. On the envelope, put some trigger line (I place mine underneath the return address,) like "Bail out plans available."

@Hannah Woodward

There are several ways to finance deals using creative financing strategies - seller financing or a combination of seller financing and more conventional terms (the old concept of OPM: Other People's Money)

• Locate deals where the sellers are willing to do Lease Options or Subject To: for example, tired landlords, people who need to relocate quickly and don't have much equity in their home at this point to sell and pay commissions. Of course the properties must still cash flow, cover expenses and produce a little bit of cash flow. Eventually you can refinance and cash them out (3-5 years). The good thing about this strategy is that when you refinance you don't have to come up with downpayment and closing costs can be financed into the loan.

• Open business lines of credit to finance quick purchases (that you can refinance) or downpayment: make sure that they are legit companies and don't charge upfront for application fees or transaction fees.

• Locate private lenders, like individuals looking to partner on deals to get higher ROIs, or institutional private lenders: these are companies or individuals using their IRAs to fund real estate deals.

These are just some suggestions. When I started buying properties for rentals (back in 1991) I used and leveraged a combination of these strategies to build a portfolio of 16 multi-family rentals in about 18 months. To this day, I still buy rentals that I can use creative financing, not conventional financing upfront.

*** PLEASE NOTE *** If you don't RSVP and PAY at the link below, your seat will not be reserved.

Click Here to Reserve Your Spot and Sign Up

If you are new to real estate investing or have not really built a thriving business yet, you might be thinking that the competition is hard nowadays, or you cannot find good deals.

Maybe your Realtor, title company, and attorney say it's illegal to flip houses with no money.

Well let me tell you, it is definitely not true!

I've been there and have heard it all.

I have been wholesaling since 1987. Investing in the Midwest for 30 years. I have done it pretty much all in the wholesaling arena: local wholesaling, virtual wholesaling, co-wholesaling, assignments, foreclosures, probate, auctions, tax delinquent property, REO, short sales all with just as little as $1 down!

Today I do 100% of my wholesale business with little to no money and you should too!

Event Location: 10 Drury Ln, Villa Park, IL 60181

Join me and you will learn:

- What will work in 2017 - the 3 main strategies (besides wholesaling) and how you can capitalize them for real estate investing;
- What is wholesaling & how to do it;
- What makes a good wholesale deal and where to find them - my 3 favorite ways;
- What makes a good buyer and where to get him/her;
- The Proven 5 Steps System - Just "Rinse & Repeat " - and how to scale the plan up exponentially and set it up on automated pilot - work smarter not harder;
- How to find your very first deal within the next week and close in less than 1 month;
- How to negotiate and what to say to property owners so you can get them to act now;

- & so much more

There is a lot of information out there and it can get confusing and overwhelming. It doesn't have to be. I will share with you the actual steps and strategies, nothing held back.

You will also receive a Take Away Manual with Presentation Training Notes!

As you can see this will be a knowledge packed event.

Register Now to Reserve Your Seat - Limited space available.

You will also have the opportunity to ask questions, and as always, network with other investors and professionals, before and after the presentation, who have services and information that can be beneficial to all attendees.

ADMISSION:

This event is limited to a max of 15 people. If you plan on attending, please register now!

There is a good chance this event will be Sold Out prior to event date.

- $15 paid online up to last day prior to event
- $25 at the door admission or online day of the event

Click Here to Reserve Your Spot and Sign Up

** REFUND POLICY: If you didn't learn anything valuable at the event simply request a refund and we will issue it. No Questions asked.

Also if you pay and cannot attend, please cancel at least 48 hours before the event for a full refund.

PARKING:

There is plenty of the free parking in the front.

About the Speaker

Laura Alamery is a local real estate investor and consultant with extensive experience in several aspects of the real estate business - she has pioneered several strategies from personal experience that she now teaches nationwide, even to other mentors!. She has practiced real estate nationwide for 28 years and she has hosted seminars and public speaking engagements for over 15 years.

She has started and run the following companies:

Midwest Realty Corp: flipping properties and property management division (started in 1996). Diversified Real Estate: Investments – private money and syndication (started in 2001) South City Investments: holding company for buy and hold assets (started in 2002) Archway Property Solutions: short sales negotiations and real estate consulting (started in 2006) The REI Lab: Real Estate Coaching, Real Estate Funding, Real Estate Software, & Real Estate Training (started in 2010)

Today Laura also runs several real estate groups around the country and organizes real estate expos with keynote speakers like Robert Allen (author of “Nothing Down” and “Multiple Streams of Income.”) Real estate is not an easy business to break into, however with the right knowledge and guidance it can become profitable and successful in a very short time. There are dozens of ways to make money in real estate investing, and you might try several venues, before you find the one that truly interests you. One thing Laura recommends in this business is that you have to find the niche that works for you and stick with it, before adding another strategy to your career in real estate.

Read more about Laura and connect at Lauraalamery.com and Facebook

*** PLEASE NOTE *** If you don't RSVP and PAY at the link below, your seat will not be reserved.

Click Here To Reserve Your Spot and Get Your Ticket

Want to learn how to fix and flip houses here in Miami, even if you have no money or credit?

I have been fixing and flipping since 1992. I actually started in Hawaii, which is even more competitive than Miami, and I have worked with private lenders and joint venture partnerships without ever using my credit. From single family homes, to multi-family and even new development.

This will be an intensive focus training event - I will share information that you can implement in your business today.

Here in Miami there is a great opportunity for fix and flip! If you ever wanted to learn how to fix and flip then this is an event not to miss.

It doesn’t matter if you are new in the business or if you already know it all, attend this event and learn:

… and much more

As you can see this will be a knowledge packed event.

Register Now to Reserve Your Seat - Limited space available.

Click Here To Reserve Your Spot and Get Your Ticket

You will also have the opportunity to ask questions, and as always, network with other investors and professionals, before and after the presentation, who have services and information that can be beneficial to all attendees.

***********************************

ADMISSION:

This event is limited to a max of 20 people. If you plan on attending, please register now!

There is a good chance this event will be Sold Out prior to event date.

- $15 paid online up to last day prior to event
- $25 at the door admission or online day of the event

** REFUND POLICY: If you didn't learn anything valuable at the event simply request a refund and we will issue it. No Questions asked.

Also if you pay and cannot attend, please cancel at least 24 hours before the event for a full refund.

PARKING & DIRECTIONS:

The Building will show 900 and the VERY next door is 990. Parking will be in a parking lot in front of the American Airlines arena for $10 or you can use meter parking.

About the Speaker

Laura Alamery is a local real estate investor and consultant with extensive experience in several aspects of the real estate business - she has pioneered several strategies from personal experience that she now teaches nationwide, even to other mentors!. She has practiced real estate nationwide for 28 years and she has hosted seminars and public speaking engagements for over 15 years.

She has started and run the following companies:

Midwest Realty Corp: flipping properties and property management division (started in 1996). Diversified Real Estate: Investments – private money and syndication (started in 2001) South City Investments: holding company for buy and hold assets (started in 2002) Archway Property Solutions: short sales negotiations and real estate consulting (started in 2006) The REI Lab: Real Estate Coaching, Real Estate Funding, Real Estate Software, & Real Estate Training (started in 2010)

Today Laura also runs several real estate groups around the country and organizes real estate expos with keynote speakers like Robert Allen (author of “Nothing Down” and “Multiple Streams of Income.”) Real estate is not an easy business to break into, however with the right knowledge and guidance it can become profitable and successful in a very short time. There are dozens of ways to make money in real estate investing, and you might try several venues, before you find the one that truly interests you. One thing Laura recommends in this business is that you have to find the niche that works for you and stick with it, before adding another strategy to your career in real estate.

Read more about Laura and connect at Lauraalamery.com and Facebook