All Forum Posts by: Angelique Tinney

Where: Bellevue Red Lion Hotel
When: Thursday, April 28, 2016
Doors Open: 6:00pm Meeting Starts: 7:00pm

Our main event is held monthly on the 4th Thursday and is open to the public. Most of these meetings will be at the Bellevue Red Lion Hotel. Members can attend this meeting free. Guests are $20 online or $25 at the door. If you have never attended one of our main events then just use coupon code “bigger” at checkout to register for free for your first meeting.

What happens at a REAPS meeting? A lot! Doors open at 6:00pm in to our amazing networking room. Meet vendors and other members and see what kind of people join REAPS. Food is served and the company is great. Pose a question about real estate to any of our volunteers at the Genius Bar or attend our Orientation at 6:30pm where we cover all the reasons why REAPS is one of the best Professional Associations in the nation for real estate investors. At 7:00pm our make your way into the ballroom for our jam-packed main meeting with your host and President, Katherine Swanberg. Watch as members announce what they have and what they need during the “Haves and Wants” round. Learn about the current real estate market during our Market Update. Then, stick around to see our guest speaker. We look forward to having you as our guest.

The Wealthy Code is a top-selling book written by George Antone. The book teaches how to structure deals for maximum passive income with the least risk possible and this month we are hosting Paul Rossano to discuss:

There are 3 aspects to any deal:

1. The money side (other people’s money such as private money)
2. The asset side (where the money is placed such as real estate, businesses, paper, etc)
3. Structuring the deal (I’ll expand below)

Most courses out there teach one of the top 2, where to place the money (#2 above) or how to raise the money (#1 above), but very few people if any teach how to structure the deal, and worse yet, most investors THINK they know how to structure the deal but very few really know. But this is where investors are dying! And structuring deals is the foundation of success for any investor.

For example, how much debt versus equity should the investor have? Should they use HELOC for their down payment, or not? Why or why not? Should they structure the private money raised as debt or equity? What if their money source is Aunt Mary, should that be different than Uncle James? Should they use their own money if they have it? How can they QUANTIFY and MEASURE risk on that deal structure? (i.e. give the risk an actual number – a measurement) How much return should they aim for? (the higher the better is the worst mistake) Or better yet, how can they have the CONFIDENCE that this is indeed a great deal? (good return and low risk, backed by real data, not "gut feeling").

Our speaker is Paul Rossano. You might remember Paul. He was a part of George's team at the 2-day event they taught here for our members last April and we are excited to have him back.

After graduating from Florida Southern College with a degree in finance, Paul Rossano returned to his home town in the suburbs of New York City where he immediately entered the world of real estate. Throughout his 15 year career as an investor and broker, Paul has bought and sold dozens of properties and been involved in hundreds transaction on both the residential and commercial side of the business.

Paul is a devoted student and teacher of success, and embraces a philosophy of constant and never-ending improvement in all areas of life. Now a lead trainer for MPactWealth (recognized by Inc. 500), Paul’s mission is to share his vast knowledge and experience with others to help them achieve the level of success and freedom they desire and deserve.

An exclusive benefit for our members only and only available for purchase until April 30th. Purchase a pass to all 8 dates of our Saturday trainings in 2016 and save $93. This offer is for members only. Each pass holder gets you VIP seating in the front of the room until 10:00am (so you don't have get there early for a good seat). Each pass holder is automatically registered for the event and of course our VIP pass holders will always be guaranteed a spot for any of our limited drill-down Friday night series when we host a National Trainer.

REAPS Members free when you pre-register
Guests: $20 online, $25 at the door

Promo Code: "bigger"

Bellevue Red Lion Hotel
11211 Main Street
Bellevue, WA

Where: Embassy Suites Hotel in Tukwila
When: Monday, April 4, 2016
Who: Members Only
Time: Doors open 6:00pm

An exclusive benefit for our members only and only available for purchase until April 30th. Purchase a pass to all 8 dates of our Saturday trainings in 2016 and save $93. This offer is for members only. Each pass holder gets you VIP seating in the front of the room until 10:00am (so you don't have get there early for a good seat). Each pass holder is automatically registered for the event and of course our VIP pass holders will always be guaranteed a spot for any of our limited drill-down Friday night series when we host a National Trainer.

Cost:
REAPS Members FREE with registration. Wear your badge! Limited to first 12 people to register.

Location:
Embassy Suites by Hilton Seattle Tacoma International Airport
15920 West Valley Highway
Seattle, Washington, 98188

***Meet inside Basils Restaurant***

Where: Bellevue Red Lion Hotel
When: Thursday, March 24, 2016
Doors Open: 6:00pm Meeting Starts: 7:00pm

Can you trust Zillow? What other free home valuation websites are out there? What information can you get off of public records to help you determine a home’s value? What criteria are most important in determining the value of real estate? Is it square footage? Number of bedrooms? Number of bathrooms or the age of the home? What about the quality of the home compared to all of the homes in the same neighborhood?

How do foreclosures and short sales in the same neighborhood affect the appraised value of your home or the home you want to buy?

This month at REAPS we are hosting “How In the World Do I Determine the Value of A Property Workshop”!!!!! This is a HANDS-ON MEETING.

We will have a panel of agents, investors and appraisers and put them each to the test of valuing several properties LIVE while YOU watch. We’ll uncover exactly how they do it, what tricks they use online to find information and what criteria each of them consider ‘important’ to determining value of real estate.

The participants won’t know ahead of time the properties we’ve chosen and will have the same time to complete their research and then they will report back to the audience their problem-solving methods!

Most importantly YOU get to play along in the audience. We’ll have wifi for all of you so you can bring your ipads, laptops and smart phones and we’ll put you to the test too. We'll have door prizes for the people in the audience who participate and come closes to the experts in the room.

What happens at a REAPS meeting? A lot! Doors open at 6:00pm in to our amazing networking room. Meet vendors and other members and see what kind of people join REAPS. Food is served and the company is great. Pose a question about real estate to any of our volunteers at the Genius Bar or attend our Orientation at 6:30pm where we cover all the reasons why REAPS is one of the best Professional Associations in the nation for real estate investors. At 7:00pm our make your way into the ballroom for our jam-packed main meeting with your host and President, Katherine Swanberg. Watch as members announce what they have and what they need during the “Haves and Wants” round. Learn about the current real estate market during our Market Update. Then, stick around to see our guest speaker. We look forward to having you as our guest.

An exclusive benefit for our members only and only available for purchase until April 30th. Purchase a pass to all 8 dates of our Saturday trainings in 2016 and save $93. This offer is for members only. Each pass holder gets you VIP seating in the front of the room until 10:00am (so you don't have get there early for a good seat). Each pass holder is automatically registered for the event and of course our VIP pass holders will always be guaranteed a spot for any of our limited drill-down Friday night series when we host a National Trainer.

REAPS Members free when you pre-register
Guests: $20 online, $25 at the door

Promo Code: "bigger"

Bellevue Red Lion Hotel
11211 Main Street
Bellevue, WA

Where: Bellevue Red Lion Hotel
When: Thursday, March 24, 2016
Doors Open: 6:00pm Meeting Starts: 7:00pm

Hey Bigger Pockets Community!

What the Heck is the Property Worth?

Ever wonder how it is that you can ask your trusted Realtor how much a property is worth and their number varies so much from the Appraiser who actually appraises the property? Do you think it’s possible you could hire 4 different Appraisers to evaluate a property and come up with 4 different values? It is possible but WHY?????

Can you trust Zillow? What other free home valuation websites are out there? What information can you get off of public records to help you determine a home’s value? What criteria are most important in determining the value of real estate? Is it square footage? Number of bedrooms? Number of bathrooms or the age of the home? What about the quality of the home compared to all of the homes in the same neighborhood?

How do foreclosures and short sales in the same neighborhood affect the appraised value of your home or the home you want to buy?

This month at REAPS we are hosting “How In the World Do I Determine the Value of A Property Workshop”!!!!! This is a HANDS-ON MEETING.

We will have a panel of agents, investors and appraisers and put them each to the test of valuing several properties LIVE while YOU watch. We’ll uncover exactly how they do it, what tricks they use online to find information and what criteria each of them consider ‘important’ to determining value of real estate.

The participants won’t know ahead of time the properties we’ve chosen and will have the same time to complete their research and then they will report back to the audience their problem-solving methods!

Most importantly YOU get to play along in the audience. We’ll have wifi for all of you so you can bring your ipads, laptops and smart phones and we’ll put you to the test too. We'll have door prizes for the people in the audience who participate and come closes to the experts in the room.

What happens at a REAPS meeting? A lot! Doors open at 6:00pm in to our amazing networking room. Meet vendors and other members and see what kind of people join REAPS. Food is served and the company is great. Pose a question about real estate to any of our volunteers at the Genius Bar or attend our Orientation at 6:30pm where we cover all the reasons why REAPS is one of the best Professional Associations in the nation for real estate investors. At 7:00pm our make your way into the ballroom for our jam-packed main meeting with your host and President, Katherine Swanberg. Watch as members announce what they have and what they need during the “Haves and Wants” round. Learn about the current real estate market during our Market Update. Then, stick around to see our guest speaker. We look forward to having you as our guest.

An exclusive benefit for our members only and only available for purchase until April 30th. Purchase a pass to all 8 dates of our Saturday trainings in 2016 and save $93. This offer is for members only. Each pass holder gets you VIP seating in the front of the room until 10:00am (so you don't have get there early for a good seat). Each pass holder is automatically registered for the event and of course our VIP pass holders will always be guaranteed a spot for any of our limited drill-down Friday night series when we host a National Trainer. Get your pass today.

REAPS Members free when you pre-register
Guests: $20 online, $25 at the door

Promo Code: "bigger"

Bellevue Red Lion Hotel
11211 Main Street
Bellevue, WA

Where: Bellevue Sheraton Hotel
When: Saturday, February 13, 2016
Doors Open: 7:30am Start Time: 8:00am

Hey Bigger Pockets Community!Advanced WholesalingHow to Sell a Deal a Week and Build a Passive Wholesale Income To truly get out of the “rat race”, you need a plan that goes beyond learning the strategies, and takes you to the point where your real estate business more or less runs without you. For wholesalers, this means two things: using advanced strategies to do more deals and create passive income, and systemizing your business so that others can easily do deals FOR you.

Once you learn the basics of any real estate strategy, every problem you have is a marketing problem. Not enough deals? That’s because not enough motivated sellers know that you buy properties. Properties staying vacant too long? That’s because not enough qualified renters or buyers know about your great deal.

Great marketing give you incredible leverage, making your phone ring off the hook with customers who want to give you money or give you properties. But do you REALLY know how to make your marketing as effective as possible for as little money as possible?

In this afternoon workshop, you’ll find out:

How to create messages that your prospects can’t resist, and get 5-20% response rates to your very first mailing, and make lots of money without spending lots of money.

How to get lists of motivated sellers, buyers, lenders, and more.

How to make absolutely sure your mail gets opened and read.

How to develop a marketing plan that will get you the sellers, buyers, renters, lenders, whatever’s missing from your business right now!

About Vena....

…Trying to figure out how to explain in 1,000 words or less (which is the number that someone told me is the most anyone will read these days) who I am.

Well, let’s start with the “official resume” version of my real estate life, for those of you who are impressed by that sort of thing:

• I do all of my investing in the Greater Cincinnati area, which includes Northern Kentucky.
• I bought my first rental property in 1989. I still own it.
• Since then, I’ve bought and sold, or continue to manage, somewhere in excess of, oh, I don’t know, 700 deals. People who can quote the exact number crack me up. Seriously, if you have time to count, you’re not making enough offers.
  
  

  Me answering listener questions on Real Life Real Estate. See, it’s a real radio show, not “internet radio”, whatever that is. No, I don’t own that brick phone anymore.

• Yes, I wholesale properties. A lot of them. At the moment, an average of 1 every 9.125 days
• Yes, I also lease/option, rent, and land contract properties. At the moment, I acquire about 5 new “keepers” a year.
• Yes, I buy properties using owner financing, private financing, buying subject to, and in lots of other creative ways. No, I do not buy properties using lease/options, and neither does anyone else. That’s not buying a property, it’s renting it.
• I’ve been the president of the Real Estate Investors Association of Greater Cincinnati, the Ohio Real Estate Investors Association, and the National Real Estate Investors Association. If that impresses you a lot, let me add that my salary was doubled each time I moved up the ladder from local to state to national. Yep, it was $0 all 3 times.
• Real estate investing is only my vocation; my avocation is teaching other people about real estate investing. I’ve written, I don’t know, a dozen homestudy courses on various aspects of real estate investing.
• The only thing I love more than teaching real estate to a crowd of people is helping ONE person do a deal, or build their business to the next level, or solve a real estate problem. I love it so much, in fact, that my partner made me start charging people to do it, because it was taking time away from my own business. Since I started charging, I’ve noticed that my coaching and mentoring students are much more likely to actually take my advice, which I find even more satisfying.
• I’m a licensed real estate broker in the state of Ohio, but I never list properties that aren’t my own or work directly with buyers.
• Since 1998, I’ve hosted a Public Radio show called “Real Life Real Estate Investing”. You can listen to it on Wednesdays at 5 p.m. eastern at 89.9 FM in the Cincinnati area. If you’re not in the Cincinnati area on Wednesdays at 5, you can listen to it streaming at www.WMKVfm.org. You can also download prior shows as podcasts.
• No, I don’t do 50 deals a year PLUS manage 40+ rental units PLUS rehab, travel, teach, volunteer, and have a life all by myself. You won’t, either. I do it with the help of a partner, a part-time property manager, an acquisition coordinator, and a part-time bookkeeper. And yes, I’m still pretty busy, but I still find time to take a nap every day.

Of course none of that stuff actually tells you the first thing about me, or why I do what I do, or why you should do it, too…

…and I’m not sure how to start with any of that. I can tell you this:

I love what I do. I am, it’s been said, a real estate geek. I’m interested in just about every aspect of real estate investing, I find it all fascinating, and I’m a sort of walking encyclopedia of techniques, trivia, and both useful and useless information about real estate.

I am a true, rabid believer in the idea that real estate investing is the best way to achieve financial independence—at least for those of us aren’t going to inherit millions, invent the next iPhone, or win the lottery. I’ve seen it over and over, and I have a hard time relating to people who don’t see it. Yeah, I know that not everyone is cut out to run a real estate business—but people who aren’t the slightest bit interested in owning even one rental property? They confound me.

I am also fanatical about the idea that real estate investors, through their activities in turning ugly houses into pretty ones, and providing affordable rental housing, and employing people, and paying taxes, and a hundred other things that they do in the course of normal business, are just about the best thing that ever happened to the world. Yeah, I know, there are bad guys out there—But the teeny percentage bad guys get 99% of the attention from the media and legislators, which, unfortunately, makes it lots harder for the rest of us to do business.

One of my non-real estate goals in life is to pet every kind of animal in the world. I’ve also pet bats, penguins, moles, groundhogs, squirrels, sharks, camels, hawks, and about a zillion others.

Which makes it, in my view, all the more important that each and every one of us non-bad guys really scrutinize what we do in our day-to-day businesses, and how it affects the people we deal with, whether those be buyers, sellers, tenants, partners, lenders, neighborhoods, contractors etc. Everything we do has to pass the 6 o’clock news test (if the local Troubleshooter aimed a camera in your face and asked you to explain your business, or a particular deal, would you be glad to, or would you be one of those people pulling your sweatshirt up over your head?), and I don’t think that nearly enough real estate entrepreneurs devote any time to this at all.

You can attend this meeting for free if you use your annual bonus for renewing or joining REAPS! When you joined or renewed you received a coupon code. Apply it at checkout! Don't remember your secret code? No problem, just email Katherine and she will hook you up.

Cost:
REAPS Members $39 in advance, $59 at the door
Guests: $79 in advance, $99 at the door

Location:
Bellevue Sheraton Hotel
100 - 112th Ave NE
Bellevue, WA

This event qualifies for Kitsap Karpool!

For our members traveling from Kitsap, we do have an incentive to help you ease the burden of expensive ferry rides! If you travel over via ferry with at least two other members attending this event you can submit your ferry receipt to the President and she will reimburse you for your ferry expenses. Pretty Cool, huh?

Where: Bellevue Sheraton Hotel
When: Saturday, February 13, 2016
Doors Open: 7:30am Start Time: 8:00am

Hey Bigger Pockets Community!

You can attend this meeting for free if you use your annual bonus for renewing or joining REAPS! When you joined or renewed you received a coupon code. Apply it at checkout! Don't remember your secret code? No problem, just email Katherine and she will hook you up.

Advanced Marketing:How to Find More Motivated Sellers, Buyers, Renters, and Lenders

Once you learn the basics of any real estate strategy, every problem you have is a marketing problem. Not enough deals? That’s because not enough motivated sellers know that you buy properties. Properties staying vacant too long? That’s because not enough qualified renters or buyers know about your great deal.

Great marketing give you incredible leverage, making your phone ring off the hook with customers who want to give you money or give you properties. But do you REALLY know how to make your marketing as effective as possible for as little money as possible?

In this afternoon workshop, you’ll find out:

How to create messages that your prospects can’t resist, and get 5-20% response rates to your very first mailing, and make lots of money without spending lots of money.

How to get lists of motivated sellers, buyers, lenders, and more.

How to make absolutely sure your mail gets opened and read.

How to develop a marketing plan that will get you the sellers, buyers, renters, lenders, whatever’s missing from your business right now!

About Vena....

…Trying to figure out how to explain in 1,000 words or less (which is the number that someone told me is the most anyone will read these days) who I am.

Well, let’s start with the “official resume” version of my real estate life, for those of you who are impressed by that sort of thing:

• I do all of my investing in the Greater Cincinnati area, which includes Northern Kentucky.
• I bought my first rental property in 1989. I still own it.
• Since then, I’ve bought and sold, or continue to manage, somewhere in excess of, oh, I don’t know, 700 deals. People who can quote the exact number crack me up. Seriously, if you have time to count, you’re not making enough offers.
  
  

  Me answering listener questions on Real Life Real Estate. See, it’s a real radio show, not “internet radio”, whatever that is. No, I don’t own that brick phone anymore.

• Yes, I wholesale properties. A lot of them. At the moment, an average of 1 every 9.125 days
• Yes, I also lease/option, rent, and land contract properties. At the moment, I acquire about 5 new “keepers” a year.
• Yes, I buy properties using owner financing, private financing, buying subject to, and in lots of other creative ways. No, I do not buy properties using lease/options, and neither does anyone else. That’s not buying a property, it’s renting it.
• I’ve been the president of the Real Estate Investors Association of Greater Cincinnati, the Ohio Real Estate Investors Association, and the National Real Estate Investors Association. If that impresses you a lot, let me add that my salary was doubled each time I moved up the ladder from local to state to national. Yep, it was $0 all 3 times.
• Real estate investing is only my vocation; my avocation is teaching other people about real estate investing. I’ve written, I don’t know, a dozen homestudy courses on various aspects of real estate investing.
• The only thing I love more than teaching real estate to a crowd of people is helping ONE person do a deal, or build their business to the next level, or solve a real estate problem. I love it so much, in fact, that my partner made me start charging people to do it, because it was taking time away from my own business. Since I started charging, I’ve noticed that my coaching and mentoring students are much more likely to actually take my advice, which I find even more satisfying.
• I’m a licensed real estate broker in the state of Ohio, but I never list properties that aren’t my own or work directly with buyers.
• Since 1998, I’ve hosted a Public Radio show called “Real Life Real Estate Investing”. You can listen to it on Wednesdays at 5 p.m. eastern at 89.9 FM in the Cincinnati area. If you’re not in the Cincinnati area on Wednesdays at 5, you can listen to it streaming at www.WMKVfm.org. You can also download prior shows as podcasts.
• No, I don’t do 50 deals a year PLUS manage 40+ rental units PLUS rehab, travel, teach, volunteer, and have a life all by myself. You won’t, either. I do it with the help of a partner, a part-time property manager, an acquisition coordinator, and a part-time bookkeeper. And yes, I’m still pretty busy, but I still find time to take a nap every day.

Of course none of that stuff actually tells you the first thing about me, or why I do what I do, or why you should do it, too…

…and I’m not sure how to start with any of that. I can tell you this:

I love what I do. I am, it’s been said, a real estate geek. I’m interested in just about every aspect of real estate investing, I find it all fascinating, and I’m a sort of walking encyclopedia of techniques, trivia, and both useful and useless information about real estate.

I am a true, rabid believer in the idea that real estate investing is the best way to achieve financial independence—at least for those of us aren’t going to inherit millions, invent the next iPhone, or win the lottery. I’ve seen it over and over, and I have a hard time relating to people who don’t see it. Yeah, I know that not everyone is cut out to run a real estate business—but people who aren’t the slightest bit interested in owning even one rental property? They confound me.

I am also fanatical about the idea that real estate investors, through their activities in turning ugly houses into pretty ones, and providing affordable rental housing, and employing people, and paying taxes, and a hundred other things that they do in the course of normal business, are just about the best thing that ever happened to the world. Yeah, I know, there are bad guys out there—But the teeny percentage bad guys get 99% of the attention from the media and legislators, which, unfortunately, makes it lots harder for the rest of us to do business.

One of my non-real estate goals in life is to pet every kind of animal in the world. I’ve also pet bats, penguins, moles, groundhogs, squirrels, sharks, camels, hawks, and about a zillion others.

Which makes it, in my view, all the more important that each and every one of us non-bad guys really scrutinize what we do in our day-to-day businesses, and how it affects the people we deal with, whether those be buyers, sellers, tenants, partners, lenders, neighborhoods, contractors etc. Everything we do has to pass the 6 o’clock news test (if the local Troubleshooter aimed a camera in your face and asked you to explain your business, or a particular deal, would you be glad to, or would you be one of those people pulling your sweatshirt up over your head?), and I don’t think that nearly enough real estate entrepreneurs devote any time to this at all.

You can attend this meeting for free if you use your annual bonus for renewing or joining REAPS! When you joined or renewed you received a coupon code. Apply it at checkout! Don't remember your secret code? No problem, just email Katherine and she will hook you up.

Cost:
REAPS Members $39 in advance, $59 at the door
Guests: $79 in advance, $99 at the door

Location:
Bellevue Sheraton Hotel
100 - 112th Ave NE
Bellevue, WA

This event qualifies for Kitsap Karpool!

For our members traveling from Kitsap, we do have an incentive to help you ease the burden of expensive ferry rides! If you travel over via ferry with at least two other members attending this event you can submit your ferry receipt to the President and she will reimburse you for your ferry expenses. Pretty Cool, huh?