All Forum Posts by: Laura Alamery

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

Your spot will not be counted until payment has been submitted on Eventbrite.

Now that the busy Summer has passed, I would like to start back our monthly lunch meetings!

We had a successful lunch meeting in May and I know a lot of you have been waiting for an encore.

Come and join me and see what this is all about!

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.

Reserve Your Spot Here

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

I have reserved only a 12 persons table, so please reserve at your earliest convenience!

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, sharing experiences and business referrals.

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.

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

... and more!

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

RSVP & Reserve Your Spot Here

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

Let's create a Real Estate Investing BluePrint together!

New and Experienced Real Estate Investors are Welcome!

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

Sign Up Here

During this meeting, I would like to talk about where real estate investing is heading and the strategies that actually work in today's market.

If you are new to the business, I will give you the building blocks to real estate investing, and we can fill in the blanks together:

Please join us on October 5th and see what is all about.

I will work on a JV partnership on the following deals:

As always, this will be a very informative workshop with immediate actionable content.

** BONUS ** You will receive a Take Away Manual with All the Presentation Training Notes and your Action Plan. Available ONLY to attendees.

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

If you have properties that you want to buy or sell, and have money to loan out on deals, don't hesitate to come forward prior to the meeting and let me know so I can introduce you.

All investors and real estate services providers are welcome but seats are limited, so please keep RSVPs updated!

Sign Up Here

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

ADMISSION:

I have only 20 seats for this event - Please Register TODAY!

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

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** 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 and 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.

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

@William D. For steady income? Definitely passive income, like rentals, however quick spikes in cash/reserves can be achieved with wholesaling and flips. 

I always recommend as a real estate investor to look at each deal you come across having different exit strategies and then deciding based on numbers if it is better to wholesale, flip or hold. A mix of all the strategies is the best bet.

@William D.  If you have money for a downpayment, at least 3% plus closing costs, of course it would be a smart idea to invest in your own home instead of renting.

Also look for lease option to buy possibilities, where the seller will basically work with you on a seller's financing structure and you can cash him out down the road (by refinancing, once he puts you on title, also called a subject to.)

However if you are new to real estate investing, still have to learn and may be don't have enough money for downpayment or reserves, my suggestion is that you start with wholesaling, and you can do this virtually and outside of your area. You learn a lot with wholesaling while making money.

I have students who live in Manhattan and wholesale all over the US! :)

You are doing great and you are at the right place in your life (age and income) to really make things happen for yourself. I was 23 when I started in real estate investing (30 years ago ...) and I never looked back. Go for it!

@William DeLuca

@Jamal Parker Downpayment can be anywhere from 10% to 40%. 20% is about average.

If you can partner with private money lenders, you can work out 100% financing: they put up the money, you find the deal, supervise construction and sell it.

Also hard money lenders will usually be negotiable after you have done successfully a few deals with them.

@Brad Hammond A lot of private organizations, like Catholic Charities, Refugee Centers and Children Services, look for that type of rentals. Most of the times they guarantee the rent for a certain period of time and pay the deposit and rent for the tenants as well. They also voucher and take responsibility for the tenants not to damage the property.

I have used these organizations several times with very good experience.

Also offering incentives to rent, like one month free after they pay on time for 6 months, or low deposit, etc. might get more attention.

@Alice K. Interesting point, Alice, and yes, I think a lot of us have pondered that question! :) 

The way I have always looked at it, there are a lot of people being able to afford higher end homes (there are all over the place, right?), therefore it must not be as hard as it seems. If they did it, why not you? :)

How do you make more money to afford the higher end home, the Bentley, etc.? Find what you do best (and enjoy) and do it on a larger scale!

So if it comes to real estate investing, and you are a wholesaler, for instance, wholesale 10+ deals a month in different markets around the country. Put a team in place to help you and delegate. And yes. You will make several hundreds of thousands dollars a month and you can buy the higher end home for cash very soon! You can also go into syndication - pull private money together for the purpose of buying, redeveloping or building real estate. That will also give you bigger profits.

In other words, think large. That is why I love real estate. You can take it as big as you want, scale it to what you wish and have fun in the process ... and buy the big expensive home and the Bentlley ;)

@Jackson Guidry Not in Texas, but I will be speaking at a REIA in Arlington on the 26th of August and a lot of wholesalers will be present there.

@Christopher Gil If you are new to wholesaling, which seems you are :), wholesaling is definitely the best and safest way to go. You learn a lot, while making money. It's a win-win situation.

There are several resources to find sellers without spending money. Public databases and legal records are some of them: pre-foreclosures, tax delinquent properties, probate, etc.

Buyers? Check recent cash sales in your area and if you see a trend (several purchases in the last 12 months or an entity, not individual, purchasing,) contact them and ask them if they are interested in buying more properties.

As far as contracts, keep them simple. I use a 2 page contract, but what is more important is the right disclosures and stipulations to protect you and the other parties.

I do have meetups in Orlando. One coming up on August 19th. If you would like to attend, let me know. The next Meetup we will discuss how to find and fund deals here locally.