All Forum Posts by: Josh Caldwell

The Pittsburgh REIA club is dedicated to providing the best education for real estate investors in the Greater Pittsburgh Area.

 Real estate by the numbers. This month we will be discussing how we use numbers to evaluate different types of real estate. Come and learn how the pros do it.   We will discuss every possible metric for measuring the value of a deal. We have numbers for landlords, numbers for flippers, and numbers for wholesalers.  Come and learn the formulas that make money !! 

All are welcome.  It doesnt matter if you are brand new or an old veteran. 

As always, first time guest get in for free. All other non-REIA members are $10 at the door.

We welcome you to join but there is no pressure. You can pick up an application at the front door. 

The meeting starts at 6pm for pizza and networking. 

7-9pm is the education portion.  

The address is 

3579 Masonic Way

Pittsburgh PA 15237 

(Ross Twp, just off of the Perrysville exit of 279) 

The banned breeds have been covered above    You might want at add "pet rent" to your lease.  While you cant really charge much of an extra security deposit, you can change pet rent in PA and it will stand up in court. 

Robyn Thompson 2 day real estate investors seminar.

For those of you who weren’t at the meeting on Tuesday, you missed a fantastic event. Robyn Thompson did live Q n A before she launched into a 90 minute lecture on everything from flipping houses, asset protection, marketing, multi offer strategies, and vacation rentals.

Robyn is coming back for a 2 day seminar where she will do a deep dive into these subjects and much more. She will cover how to locate, evaluate, negotiate, and sell flips and rentals. We had more than 80 people try to sign up for this event right on the spot but I didn’t have a registration link ready. Now here is the important part. The room that we have booked for this event, only holds 80 people. I am working with the hotel right now to expand the space. I am also working with catering to make sure that we can feed everyone who wants to attend. My goal is to make sure that we don’t have to turn anyone away. I am not 100% sure that I can accomplish that goal, so make sure you sign up quickly. If we run out of space, I will either do standing room only or a wait list.

Robyn hinted at all of the free stuff she will be giving away. More than $300 worth of bonuses for each attendee to include: Vacation Rental revenue report, Vacation Rental occupancy report, Property inspection form, Buy and hold profitability spreadsheets, Horsey (marketing) Letter, Hire the best fire the rest CD, 3x income with Vacation Rentals CD. I think she is even bringing her Home Depot and Lowes SKU’s for her house flipping business, but I will confirm that later.

When -

September 28-29th

9 -5 each day

Where -

DoubleTree by Hilton Hotel Pittsburgh - Green Tree

500 Mansfield Avenue, Pittsburgh, PA 15205

How to register –

Copy and paste this link - http://pittsburghreia.com/2019-robyn-thompson/

If you have any questions, email Josh directly at [email protected]

How to make big checks flipping houses.

The legendary Robyn Thompson, the “Queen of Rehab” is coming to town to teach us the secrets that have made her a multi-millionaire. You don’t want to miss this one. Robyn has flipped over 400 houses, and made a big pile of money doing it. I have been to her mansion in Orlando and her horse ranch in Ocala, FL. If you learn to follow Robyn’s proven system, you can have nice things too! You can probably even quit the 9-5 job that is sucking the life out of you.

Robyn has distilled every step in the flipping process into a series of actions. Starting with finding the right house to flip and ending with you cashing a fat check. She will be talking about these steps, and the wisdom behind them drawing on her years of experience. There is nobody on Earth more qualified to teach you house to make money flipping houses.

EVERYONE is welcome. First time guests get in for free. All other non-members of the Pittsburgh REIA club are $10 at the door.

When - Tuesday September 17th

Doors open at 6 PM for networking

Robyn teaches from 7-9 PM

Where – 3579 Masonic Way

Pittsburgh PA 15237 (Ross Twp)

If you have any questions, email Josh Caldwell – [email protected]

@Tony Blasioli I just sent you an email from my REIA email

@Haji Dunn Sure, I can explain that, or at least try to explain it. 

In the post above, I am talking about a master lease option.  This is where I am negotiating on a poorly managed property, where I know that I can increase net revenue. The current owner is making X dollars per month, that is all I am giving him. I have no interest in offering him a down payment.  What I am offering him is a guaranteed sale at a price we have agreed upon, and he doesn't have to manage the property anymore. 

For your second question, the amortization table is tied to the option price, so when I make a payment each money, my option purchase price decreases just like a payoff on a mortgage would work.  Every month, my option to buy is a lower price than the month before. 

Learn how to raise all the private money you will ever need.

FREE Seminar on raising private money with legendary Alan Cowgill. All are free to attend. We are even providing lunch.

Have you ever stumbled upon a fantastic real estate deal only to watch it slip through your fingers because you didn't have the money to close on the deal?    Well, I sure have, and it happened more times that I wish to admit. Then I learned about raising private money.  

In it's simplest forms, you find someone with extra cash, and you offer them a good rate of return for funding your killer deal. 

Where it gets complicated and difficule is when you realize that your great aunt isn't a multi-millionaire just waiting to launch your new career. Now you have to figure out how to target strangers or near strangers with money, and show them how you are their golden ticket to hands free, safe, high return, investing. 

If you already know how to do that, and understand all of the legal nuances, and contract law, then this event is not for you. If you are like everyone else in the investor world, and you business could take off with a few good financial backers, then you need to get your butt into a seat at my event. 

I have the nation's leading private money expert coming in to teach us how he locates, educates, and closes with as much private money as you will ever need. 

Come one, come all 

Saturday August 24th

9 am to 3 pm or whenever we run out of questions

3579 Masonic Way

Pittsburgh PA 15235

No need to register, this is the regular monthly meeting for the Pittsburgh REIA club and all first time guests get in for free. We use the drug dealer theory of marketing, we give you free samples and expect that you will become addicted just like the rest of us, lol

The Address is 3579 Masonic Way, Pittsburgh PA 15237   

Doors open at 6PM the meeting starts at 7

@Joe Palmer

I don't think it is all that new, realtors have been using it for years.  I expect that we will all see more of these messages as they are easy to send and can be done in large batches for no cost.