!!! TAMPA BAY REIA GENERAL MEETING WITH TERRY HALE !!! NOVEMBER 6TH !!!

WorkshopProductsSub Groups


INSIDE THIS ISSUE:


Dear Members ...

1

Home and Income Realty - Supermortgage
2

Title insurance examples 3

Do it right, sleep at night
4

New Florida Land Trust Laws & Pitch Free Seminars

5


Prospecting Profits Bootcamp 6

Buying and Selling Houses In a Slow market 8-9

Pay off your Mortgage in as little as 8 -11 years 10

Selling on EBay
Abandoned Properties
11

TBREIA’s Vendor’s 13

TBREIA’s Advertising Catalog 14

Harper Realty - FREE Real Estate Roundtable 15

www.Mr3Days.com 17/18

Tampa Bay REIA’s Sub-Group Meetings 19

TBREIA Events 20

Tampa Bay Real Estate Investors Association TBREIA.COM,
April 2008

Dear Members, Volunteers, Sponsors, Vendors and Guests

A genuine Thank You to each of you for referring Tampa Bay REIA to your friends and Associates ! We truly appreciate it.

Your TBREIA Team

The PROPERTIES and SERVICES advertised through Tampa Bay REIA are NOT REVIEWED or Verified by TBRIEA, staff or their volunteers.

* * * * *

TBREIA is proud to sponsor the 3-full-day Prospecting Profits Bootcamp on April 25th, 26th, & 27th, in Tampa

Read more about this event and their speakers at:
www.ProspectingProfitsBootcamp.com

Also get Prospectizer Pro Package + 1 year TBREIA membership if you mention that TBREIA invited you at www.PitchFreeSeminar.com and fax the receipt to: (813) 354-3552. This seminar will have NO SALES PITCHES! Ask Mike Collins for more details about the event.

Don’t forget to network online at our TBREIA Google Groups. More information how you can participate for free at www.TBREIA.com then click on the Google Groups banner and register (it’s free). All 6 sub-groups are free to join and participate! Bring your deals, ask questions, network and make more money! For locations of our sub-groups go to www.TBREIA.com then scroll down to our sub-group section!

OF INTEREST INSIDE
THIS ISSUE

3
Title insurance examples
by Barbie Burgess
4
Do it right, sleep at night by Larry Goins
6
Buying and Selling in a Slow Market
by Kris Kirschner
8
Meeting with a Seller
9
Using Direct-mail by Dan Stojadinovic
12/14
TBREIA’s appreciated Vendors
17/19 Did you know…..
by TBREIA’s OP-Dept
21/22 TBREIA has 6 Subgroups.
Visit the one near you
23
TBRIA’s upcoming events



Home and Income Realty * Supermortgage



Bobbie Floerchinger

Senior Loan Officer
Pinellas * Hillsborough
* Pasco
Mortgages for Investors and the homes Investors live in.

Phone: (727) 547-8776
Cell: (727) 235-3181
Fax: (727) 768-0773


bobbie@flpropertyloans.com
www.FLPropertyLoans.com

bfloerchinger@tampabay.rr.com


I have been in the mortgage industry for the past 8 years. My experience and training in all facets of the mortgage industry will provide you with informed, professional advice working to make sure your goals are met in every transaction. As a loan originator at SMI Financial Services Corp, I have access to hundreds of lenders, hundreds of programs, and a solid processing staff. Through my commitment, experience, and expertise I establish a business relationship with my customers that will last a lifetime!

Suncoast Florida Mgmt., Inc.
7463 141st Street N. Seminole FL 33776

Mortgage Brokerage Business
http://www.SuncoastFloridaMgt.com
Bobbie Floerchinger
(727) 235-3181

Licensed Mortgage Broker
10 YEARS EXPERIENCE IN MORTGAGES

Call Bobbie Floerchinger at (727) 235 - 3181 today!




Title insurance examples by Barbie Burgess

Title insurance examples
by Barbie Burgess

Just another good example of why you should get title insurance prior to transferring property. We had a client who was purchasing a property “Subject to”. Property was owned by an acquaintance that had run into some financial difficulties and was behind on their mortgage payments. Our client agreed to bring the loan current and stop the foreclosure proceedings in return the owner executed a deed into our clients LLC. When they contacted us for title work, they had already sent the funds to the existing mortgage company to bring the loan current and they were getting ready to have the deed executed.

When we received the title work back, it was calling for a suit to quite title on an interest in the back chain of title. No worry, thought our client, because our owner has an Owner’s title policy. Upon receipt of a copy, we contacted the title agent who issued said policy regarding this interest. They informed us, and we passed on to our client, that there was a suit complete as part of their transaction, and they would fax a copy of the final order to us. A copy was faxed, but was never recorded in Public Records. They assured us that it was an oversight and said they would forward the original signed order for recording. In the meantime, our clients were getting very anxious about having fronted the funds to the owner’s mortgage company and not having a deed. We asked them to please hold off until we could verify the order and get it of public record.

After several weeks of stall tactics and promises that the order would be walked through, our office made a call to the Clerk’s office to see if we could get a court certified copy to record instead. The Clerk’s office informed us that the case had been dismissed for non action, and no order had ever been executed by the judge. Apparently the copy the title company had received from the attorney’s office who handled the suit to quite title was fraudulent.

Because the Owner of the property had an owner’s title policy, we had the ability to contact the owner of the title company who issued the policy, who happened to be an attorney and acquaintance of Barbie. He reopened the case and got a judge to push through the suit and finally we received a signed order releasing that interest. Had our clients executed and filed a deed of record, the Owner’s policy would have been null and void. Once title transfers and the insured was no longer the owner of record, there would be no recourse against the prior title company. They could have washed their hands of the situation and our clients would have been stuck paying for a suit to quite title themselves, thus diminishing their return on their investment.

Remember that this also applies when you purchase a property in one entity and then transfer or quit claim to another entity. Any title insurance you obtained at closing is no longer applicable. Also when purchasing property, an O & E search will not disclose items in the back chain, so it is always best to obtain a full search. In this case, an O&E search would have only revealed the Lis Pendens on the existing mortgage, not the back chain issues.

Brought to you by:
Barbie M. Burgess
Brokers Title LLC
Ofc. 727-785-2500
Cell 727-412-2304




DO IT RIGHT, SLEEP AT NIGHT!
By Larry Goins

I heard these words from my good friend, Jay Parker, a long time ago and have never forgotten them. The business of real estate investing requires that we work with a lot of different people and professions. We work with newbie’s, as well as, seasoned professionals. We work with realtors, builders, attorneys, appraisers, lenders, banks and also other investors. All of these professions are highly regulated, however it does not mean that you should always go along with what you are told. There is a phrase that I refer to whenever I am dealing with someone, especially someone that I have never done business with before. That phrase is “trust but verify”. It is a good thing to remember.

If you have a question or concern about a transaction or property you should ask several people that are unrelated to the transaction and also do your own homework. There are so many places to find information these days, especially on the internet that there is no excuse for lack of knowledge in a particular transaction.

It is unfortunate but some people will try to take advantage of a newbie. Please be aware that the purpose of your Real Estate Investors Association is to educate you so you can find the resources needed to make your own informed decisions and do your own due diligence.

Most Real Estate Investor Associations have a code of ethics and they make sure that everyone who is a member adheres to the code. If you do good business word will get around but I also promise you that if you don’t do clean business word will also get around much faster.

Just remember, “Do it right, sleep at night”.
I hope you have enjoyed this article.

Larry Goins has spoken twice at TBREIA in the past. For more articles and information about Larry Goins, please visit his web site at http://www.LarryGoins.com

 





New Florida Land Trust Laws & Pitch Free Seminars

Mike Collin’s has made special Deal for the Pitch FREE Seminar in Tampa on April 11th – 13thfor TBREIA! The normal price is $5997, but for TBREIA we have worked out a VOLUME PRICING DEAL. There are 3 TBREIA volume packages available to you (on a limited basis, so register early):
PACKAGE 1: TBREIA Diamond Package: Seminar + Bonuses + FREE Hotel Stay
for just $2,997.00
PACKAGE 2: TBREIA Platinum Package: Seminar + Bonuses
for just $1,997.00
PACKAGE 3: TBREIA Gold Package: Seminar Only
for just $1,497.00
If you would like to take advantage of the TBREIA volume packages, YOU MUST GO TROUGH TBREIA
first and select one of the TBREIA volume packages by calling (727) 452-9648.

Prospecting Profits Bootcamp

Dan will be teaching how to drive traffic to your web sites. Other speakers include: Roger Salam (HomeLandGroup.com), Scott Britton (RealEstateSuccess.com), Chris Daigle (EasyHud.com), Mike Collins (RehabList.com), Tom Nagle, Preston Ely, Charrissa Cawley, Mike Butler, Cris Chico, Matt Scott. Every Attendee will receive Dan’s new course on: Driving Traffic to YOUR website. http://ProspectingProfitsBootcamp.com/

Location: Embassy Suites Tampa - Airport/Westshore
555 N. Westshore Blvd, Tampa, Florida, United States 33609
9:00AM – 6:00PM

Sign-up options: online at:
http://ProspectingProfitsBootcamp.com
by Fax: (813) 354-3552

by mail: Make Check out to TechnoVestor, Inc
and mail it to: 204 – 37th Ave N # 368, St. Petersburg, FL 33704


Name(s) _______________________________________ Phone ______________________________

Billing Address ______________________________________________________________________

City _____________________________________ State ______________ Zip ___________________

E-mail _____________________________________________________________________________

Credit Card number _____________________ Exp. Date: _____________ CreditC. Type: ___________

Today’s Date:______________________ Signature: _________________________________________

PS: Registration can only be processed when your written information is legible.

 




Why Buying and Selling Houses In a Slow Market
May Be The Best Time to Make Money!

Why Buying and Selling Houses In a Slow Market May Be The Best Time to Make Money!
By Kris Kirschner

If you’re like most people, you are hearing lots of confusing news reports about the real estate market; specifically single family houses. Some say the price correction is over and we are in for a soft landing, others say the bubble is going to burst, and yet still others say this is the best time to buy. What’s sad is that a lot of investors out there that are sitting idle and doing nothing; which means of course they are making nothing. So what should you do to overcome all of the so-called uncertainty?

In my opinion, the worse the news about the conventional real estate market is the better. It will allow us to buy houses a lot cheaper, which of course means we make more money as long as we know how to turn the equity into cash flow. That means the number one thing you need to do is set yourself up to be able to sell to the very first buyer who comes along that loves your house and has either money or credit. That may sound like an easy answer to a confusing problem, so before I tell you how to deal with it, let’s look at what’s happening in today’s real estate market and also what we are trying to accomplish. Everybody agrees you need cash now and cash flow later, but few really truly understand how to control it and why you should not be afraid to invest in times when the market is stagnant or even slow.

First let’s examine why you still need to take action in the present moment rather than sitting idle doing nothing, waiting for the market to change. Isn’t it true that “deep inside” whether you want to face it or not; you have a decision to make? The decision is this. What do I need to do today to be ready for an uncertain tomorrow? If you’re only counting on your IRA, 401K, the stock market, or even social security to make money and retire early, you’re going to end up where you’re headed. The real truth is that when you reach that dead end it’ll be too late.

Secondly, if you work for a living or own your own business, you know it doesn’t get easier, it gets harder. You have to admit that if you left the corporate world and own your own business, some of the things at the top of your hate list are; you have all of the risk, you never get a break, and you have a business that owns you instead of supports you. If you work for a living for someone else; you have the same type of hate list. You work all year long and then barely get enough raise to keep up with inflation, there’s no security anymore, and you’re really not appreciated. So what’s left; how do we make more money and work less? Real estate of course.

You’ve got to agree with me that there’s no better way to make more money than you’ll ever need and get your life back than real estate; especially in uncertain times. If you’re ready to make more money and want to capitalize when others don’t, here’s what you need to know about the real estate market:

  1. Single family houses have appreciated 88% over the last ten years.
  2. Foreclosures reached almost 1.3 million in 2006 and are skyrocketing this year.
  3. In the last few years, first time home buyers and home ownership was at an all-time high.

So what does all this mean to you? Unprecedented opportunity; here’s why. It has never been easier to buy houses than it is right now. Everybody agrees that we make our biggest paydays when we can buy huge chunks of equity from motivated sellers. Will it continue and is now a good time to buy and sell houses? I say, yes. When the conventional real estate market is running a bit slow like it is now, there is tremendous opportunity to buy lots of equity without paying all cash and without personally signing for debt. The best way to get the biggest bang for your buck is to be able to spend small dollars (given to you by private lenders) and get big dollars in return. We do this by buying houses “subject to” existing loans rather than paying cash for them to make the same profits. The underlying loans that are in the seller’s name get paid off with our buyer’s new loan rather than from us getting a loan or raising the cash. IBy the way, is it legal, moral and ethical to buy houses without paying the loan off? Yes it is. Banks lend money to make money. They don’t want houses and they especially don’t want to lose money; they just want the payments and the full payoff.

Remember, nationwide lenders and banks lose an average of about $40,000 each time they foreclose and have to take a property back. Now here’s where it gets interesting, home ownership over the last few years (especially first time homebuyers) was at an all time high mainly due to three factors:

  1. 100% loan programs for buyers with as low as 560-580 credit scores
  2. Adjustable rate mortgages (A.R.M.’s) that allowed buyers to get houses much larger than they actually could afford. You see the initial interest rates were low and typically increased after 2 years. (2/28 loans)
  3. Interest only loans that allowed buyers to own a house about as cheaply as paying for an apartment!

Here’s why you need to be ready to take action now in the present moment and cash in on some amazing deals and huge profits. When the sub-prime market made it so easy to buy houses, the mortgage brokers and lenders made a killing. Also in some cases they knew the loans were risky but told the buyers not to worry about their lack of equity or adjustable rate mortgages because prices were going up fast and they could refinance them later. Then here’s what happened, the price of houses got out of hand in comparison to the incomes and economical conditions in many markets and when the prices got out of whack, the real estate market had to correct itself; and it did. Hard to believe? Look at what’s happened in Las Vegas, Southern California, South Florida, Phoenix, and Washington D.C. just to name a few. When the salaries of jobs and availability of work gets out of ratio with the prices of single family homes, it’s an indicator that you may be in for a correction cycle in the market. That’s where our opportunity comes in. In fact, the last time I looked 34 sub-prime lenders have gone out of business! The reason of course is too much bad debt due to foreclosures resulting from buyers not being able to refinance out of A.R.M.’s, plus too many buyers in over their heads due to no down payment. In fact, most of those new homeowners only had a couple hundred dollars in their bank accounts. So what does all of this mean to you?

Simply put, it means there is no better time than right now to buy houses. With a slow market, panic in the news, and A.R.M.’s going up, there will be more foreclosures available than there are investors. That means you’ll get to pick the “cream of the crop.” Understand this, historically over time more millionaires are made through real estate than any other field. If you know nothing else, know this; the “BIG MONEY” is made during times like this. First off, opportunities to buy enormous chunks of equity will abound. Secondly, the herds of untrained investors will thin out due to their inability to sell houses and create cash flow. That brings me back to where we started. How do I sell houses and create cash flow in a slow or uncertain market? You’ve got to set yourself up to sell houses to more than just buyers who have A and B credit. (620 and higher) If you do like the Realtors and Builders, you’ll get the same results. Look at it this way; you need cash now and cash flow later anyway; why not set your business up to sell quickly rather than following conventional wisdom like most investors do.

 


As you know there are 4 profit centers from which we can get paid from:

  1. Wholesale - (finding bargain deals and passing them to bargain hunters)
  2. Retail - (buy low, sell high and cash out)
  3. Owner Finance - (You finance instead of the bank after getting a very large down payment)
  4. Lease Option – (Lease to your buyer until they get a loan after getting several thousand dollars in a non-refundable option fee)

Why is this review important? Most people do not use the profit centers to their full advantage and as a result here are two main investor scenarios that I see.

1. Most investors only buy run down houses, do huge rehabs and then list with Realtors hoping they will sell. Here’s the problem with that. First they are giving away $10,000-$20,000 of their profits to a Realtor to sell their house when they don’t have to. Secondly, their holding costs are astronomical and they are not in control of their own investment. Here’s why. Typically most Realtors do the same thing; put your house on the MLS, put a sign in the front yard, and pray that it sells. This is not a good plan because with all of the foreclosures in the sub-prime market, the qualifications are definitely going to tighten up during the next 6-12 months and if this is your main strategy you’ll end up losing most of your profits to holding costs. There will be less buyers who can qualify for loans and unless you know how to owner finance and lease option, you’ll end up renting the property with all your profits buried in the house.

2. A lot of other investors just rent properties and although they may have lots of equity, they have no “real cash flow”. Now don’t get me wrong, I do believe in buying and holding, but not as the only option, and not until you have one lease option or owner finance back end cashing you out per month. You should create cash in the bank first and then focus on wealth later. Focus on getting several $20,000 to $40,000 back end cash outs from owner financing or lease options before you focus on renting. Cash is king and it makes more sense to have a $30,000 back end cash out then it does managing 30 tenants all giving you $200 per month on your rental spreads. The real truth is that when one rental property goes vacant, you burn up all your other rental cash flow which leaves no money left for you to live on or pay the bills. Everybody makes that mistake when they first start out and they only buy and hold. On the same token if all you do is buy and cash out, you end up with a job and no passive income.

So here’s the key setting yourself up to sell houses fast whether the market is good or bad.

1. Focus on buying pretty houses that are in good shape and are close to your median price range. This is what most buyers can afford so you have more buyers and make more money than off the low end junkers.

2. Only buy houses by leaving the existing debt in place (called “subject to”) and not using your money. This way you have no money and no credit at risk. Also, avoid hard money loans whenever possible! You’ll limit your exit strategy to only cashing out and they’re way too expensive.

3. Review my Loan Info Sheet to look at the terms of the existing loans before you buy the house. Your goal is to sell to anyone so if the monthly payment is high, again you limit your exit strategy.

4. Watch out for A.R.M.’s and short balloons on the loans you take over! They’ll limit you to only cashing out or you’ll end up with negative monthly cash flow. If you see a great deal that has an ARM or balloon, have a plan to cash out or just take an option to buy the property “subject to.” That way you have no risk! If you find a qualified buyer, exercise your option, if not, don’t buy the house. This eliminates your risk and ensures the sellers problem does not become yours. Many investors make this mistake.

If you want to make money faster with less effort, follow my plan of selling to the first buyer who loves your house and has either money or credit. You still make money off the spread but have more options to sell in a sluggish market.

Buy low $200,000
Sell High $250,000

Market to buyers who have credit and also those who need some help buying. Did you know that 65% of today’s buyers do not have A and B credit (above 620) however they are still good owner finance and lease option candidates. When you set yourself up to sell your house to the first buyer who loves your house and has either money or credit, you’ll transform your income 2-3 times over what it is today. You see if you buy profits (spread) you still have 3 ways besides wholesaling to get your hands on fast cash. If a buyer comes along and loves your house and has credit, cash out. If they have money and poor credit, owner finance until they cash you out. If they have some money and some credit then lease option until they cash you out. It’s that easy!

Remember, we make our money when we buy and get paid when we sell. The easier you make it to buy, the faster you can sell at a premium price. In fact, 2 out of 3 times you sell, you’ll probably not cash out right away. That means even if you are in a slow market, you don’t have to lose sleep at night worrying if the houses you sell will appraise. You see when you owner finance or lease option, there is no appraisal typically until 6-24 months down the road.

Ready to make money faster? Set yourself up to sell to anyone with money or credit and before you know it you’ll double your income, plus get the benefit of the huge back end checks that come later with owner financing and lease options. That’s how you overcome a slow market.

To Your Success,
Kris Kirschner




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Stop Working So Hard……….!!!.
Learn How to Sell Your Real Estate on

What:
Recently, Lydia Trotter shared how, after 18 long months of traditional marketing, she sold a $450,000 Land O Lakes, FL home on eBay in only 10 days!
 
  • Are you looking for new ways to sell real estate in this slow market?
 
  • Are you tired of wasting time and money on expensive tactics that no longer work?
 
  • Would you like to learn the “power” words that will drive buyers to YOU?
 
  • Would you like to learn how to build your own Successful eBay Real Estate
    Auction and Reach a Global Marketplace of Buyers?
   
Join us for this Informative and Fun Internet Marketing Class

When:
Fri April 18, 2008 9:00 a.m. – 4:00 p.m.
Where:
5509 West Gray Street, Tampa, FL 33609 813/ 948-7242 ext 11
Cost:
$97.00 Price includes Lunch, Internet Access, eBook with resale rights
Class Agenda and Details are on our website at www.wbhtampa.com
No previous eBay experience is necessary.

See what others have to say about this exciting class!
Call (813) 948-7242 ext 11 or Go to www.wbhtampa.com to Register Now!

Abandoned Properties – One Of The Best Kept Money-Making Secrets
by Reggie Brooks

When I began my career as a real estate investor in 1985, I stumbled across a little known area of real estate that had the potential to make us a ton of money. This was an area of the market that went unnoticed by most people. This was the area of abandoned properties.

How To Profit From Abandoned Properties
You might pass these properties on a daily basis, but just never paid much attention to them. You could be passing up hundreds of thousands of dollars in profits! These are properties that the owner has walked away from for whatever reason. It could be a divorce situation, an illness, a death in the family, a job relocation, or any number of other reasons. Do we care why? Absolutely not! Don’t waste your energy trying to figure out why sellers do what sellers do.

A $58,000 Profit Right Across The Street
I remember a young lady in one of my 2 day classes. In the first day of class, we taught a whole day of unconventional ways to find profitable deals. One of those methods was how to find and profit from abandoned properties. The next day, the young lady came to class and told us an interesting story about an abandoned house right across the street from her house. She said that when she got home from the first day of class, she put her key in her front door to go inside. Suddenly, for no apparent reason, she stopped and immediately turned around. Across the street was an abandoned house. She had unconsciously seen the abandoned house every time she walked out of her front door, but until now she just never paid any attention to it. The windows were broken out, the grass was high, there was trash in the yard, and on and on.

After the class was over, the young lady stayed in touch with me. I had asked her to keep me informed as to the progress of her deal. It took her around three months, but in those 3 months she successfully purchased the property, fixed up the property, marketed the property, and made a profit of $58,000! By the way, she had no money, no credit, and no job, but she was still able to make this kind of profit.

Why Abandoned Properties?
When you work with abandons, you have an excellent opportunity to use the best financing in the world – seller financing. There are several reasons why we prefer seller financing over conventional financing.
Rarely will a seller ask to see your credit report. If you have credit problems, it usually will not become an issue. Many times the seller is completely open to many creative strategies that will help to eliminate their abandoned property problem. After all, what does the seller have to loose? His abandoned property is just sitting there not making any money.

The seller may have a mortgage to pay on it every month, because he wants to keep his credit clean. More than likely, he’d like to rent it or sell it but he feels that he’d have to spend a lot of money to fix the property up before he could market the property. In the meantime, another month goes by and another mortgage has to be paid. The taxes and insurance will also have to be paid. Money will still have to be spent on maintenance and upkeep. The repairs might become extensive, since the property is vacant and subject to vandalism. The neighbors are probably complaining about the eye sore. The Department of Building and Safety might have become involved. This can all add up to the seller having to spend a sizable chunk of cash every month, which can also represent a sizable headache for the seller. You guessed it. The seller is probably very motivated!

How Do We Find Abandoned Properties?
Here’s one of the easiest ways to find abandoned properties. The first thing to understand is that the more affluent the area is, the fewer the abandons you’ll find. The less affluent the area, usually the more abandons you’ll find. I encourage you to find an area somewhere in between the two extremes. If you keep your eyes open, you’ll find properties that might have the windows broken out, they might be boarded up, you might see the grass and shrubs overgrown, you might see trash, handbills, newspapers and other signs that this property might be a good candidate for a profitable abandoned property.

Keep a pen and a pad of paper with you at all times. I teach my students to take different routes to and from their normal destinations and write down the addresses of any properties that might be abandon property prospects. This might require that you leave home a little earlier than usual, but it is certainly worth it if it brings you just one abandoned property deal.

Using A Little Known Government Program With An Abandoned Property
Several years ago, I was taking my aunt to an appointment with a dialysis center when I came across an abandoned four unit building. This property showed all the classic signs of abandonment: boarded up windows, tall grass, trash, etc… I wrote the address down and called my title company as soon as I got a chance. I gave them the address, and they gave me the owner of the property and the mailing address. I wrote an offer and bought the property for $82,000. We fixed the property up using a little known government program called the Rental Rehab Program to maximize our profits. This program provided a 3 to 5% loan when the prevailing interest rates were 12% The program also allowed any qualifying tenants to drastically reduce the amount of their out of pocket monthly rent by going on the Section 8 Government Subsidy Program after the rehab was complete. The average wait for the Section 8 Program at the time was 6 to 8 years. This was truly a win-win deal for everyone involved. We kept the property for a number of years, putting a positive cash flow in our pockets every month. We eventually sold the property and made a lot of money.

The Best Financing In The World
With the property needing as much work as it did, it would have been almost impossible to get a conventional bank loan to finance it and, at the time I was in no position to pay all cash. So, what is the solution? As I mentioned before, seller financing is the best financing in the world. The seller of the property financed the entire deal for us.

Here’s the point: Abandoned properties are one of the best kept money-making secrets in our industry. They are very good candidates for many of the government loans and grants that can super charge your profits. Tap into this area of real estate and watch your profits soar.

For more information about Reggie Brooks, visit his web site at ReggieBrooks.com.




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Road 2 Success LLC www.ReiFastTrack.com The Real Real Estate FastTracking Program provides Education and Hands on Experience through mentoring.

Call: 800-603-0119 x 302
Tony@yourlearningcenter.com
www.yourlearningcenter.com

  • Title Companies

ALDAY-DONALSON TITLE AGENCIES - Standard Vendor
ALDAY-DONALSON TITLE AGENCIES OF AMERICA, INC. is a leader in the title insurance market throughout Central Florida. We are eighteen offices strong and growing.

Office: (727) 323-2424
Fax: (727) 323-2626
Contact Chris Spangler MGR or
Jay Wazelle Marketing Rep
www.alday-donalson.com

Brokers Title - Standard Vendor
Specializing in Investor and traditional closings and escrow services.

Contact: Barbie Burgess
(727) 412-2304
www.BrokersTitle.net
Email: Burgess33779@yahoo.com

  • Mortgage / Hard Money

SuperMortgage (Bobbie Floerchinger) - Standard Vendor
Senior Loan Officer Bobbie Floerchinger is investor educated and works closely with real estate investors in providing a wide range of loan products.
She works in Pinellas, Pasco and Hillsborough. Mortgages for investors and the homes they live in.

Phone: (727) 547-8776
Cell: (727) 235-3181
Fax: (727) 768-0773
bfloerchinger@tampabay.rr.com


InvestWell - Standard Vendor
InvestWell provides short term, interim financing to professional real estate investors and renovators.
These loans can be user for the acquisition, rehabilitation and resale of residental, single family properties.

Go to: www.investwell.com
tel: 214.237.3320
fax: 214.237.3321
email: info@investwell.com


San Jose Investment Corp. Of America - Standard Vendor
Lending Money to Real Estate Investors. We finance deals from $50,000.00-$1,000,000.00. We offer 6 or 12 Month Terms. – Up to 75% ARV. No Pre-Payment Penalties.

Contact: Donna Salvator
San Jose Investment Corp. Of America
Tel: (352) 428 - 4857
donna@sanjoseinvestment.com
www.sanjoseinvestment.com

Little Known Banking Method - Standard Vendor
Escape the “normal” practice of repaying your Mortgage. STOP your Mortgage in as little as 8 -11 years.

Ayla Willer, Independent Agent
AylaW@Tampabay.rr.com
www.littleknownbankingmethod.com
Phone: (727) 452-9648
Fax: (813) 354-3552

  • Accounting / Tax Services:

Harper, Van Scoik & Company, LLP CPAs and Business Advisors - Standard Vendor
Whether you’re into rehabbing, flipping, wholesaling or buying and holding, we at Harper, Van Scoik & Company, LLP feel that we can be an asset to your business.
Please give us a call and let’s discuss how we can help.

Dave D. Burton, Charles D. Shapero,
Andrea Neenan or David S. Sietsma

E-mail : hvsinfo@hvs-cpas.com
Web site : http://www.hvs-cpas.com
(727) 446-0504 – Telephone number
(727) 461-7384 - Fax number

Keys Capital Inc - Standard Vendor
1031 Tax Free - 1031 Exchange
Personalized Exchanges since 1986. Experts in the Power of Strategy.

Jack Shea & Daniel Imbior
- Certified Exchange Specialists
E-mail : jack@1031taxfreesale.com
Web site : http://www.1031taxfreesale.com
(727) 581-7000 – Telephone number
(727) 581-7865 - Fax number

  • Legal Services

Shawn M. Yesner P.L. - Standard Vendor
We are Investors friendly and very creative.
Legal solutions for Investors who want to Buy / Sell / Rent or Loan.

Contact Information:
Shawn M. Yesner
(813) 251-2921
shawn@yesnerlaw.com
www.yesnerlaw.com

  • Realtors / Real Estate Companies

Harper Realty Inc. - Standard Vendor
Providing real estate services to investors: either new or experienced. Bank REO's, fixer uppers and already rehabbed rentals.

Phone: (813)-956-3563 Email:
Sales@HarperRealty.com
Se Habla Espanol

HomeVestors Home Buyers Gulf Coast,Inc - Standard Vendor
Bank REO's, hard money, fixer uppers and already rehabbed rentals.

Contact: "Johnny B" Buczynski
(727) 447-5500
http://YourNewHomeIsReady.com
email: JohnnyB@homevestors.com

New Heights Properties of Tampa, Inc. - Building Contractor - Standard Vendor
New Heights Properties of Tampa, Inc. is here to help, so let us know what we can do for you.

Contact info: Brenda Ayala
NEW HEIGHTS PROPERIES OF TAMPA, INC. - Building Contractor
14807 Clarendon Drive, Tampa, FL 33624
(813) 368-8823 cell
brenda@nhpoftampa.com
http://nhpoftampa.com

Chattel With Us, LLC – Standard Vendor
Serving all of Florida.
Helping Income Producing Property Owners to maximize their return through:

  • Improved Cash Flow
  • Lowering Your Taxes

John Racine
P.O. Box 182058
Casselberry, FL 32718
(866) 788 - 4925
john@chattelwithus.com
http://www.chattelwithus.com

Cartwright Realty Inc - Standard Vendor
Traditional real estate services for discounted price

Tiia Cartwright
tiia@cartwrightrealtyoftampa.com
www.cartwrightrealtyoftampa.com
phone:(813) 333-6698

Florida Patriot Realty - Standard Vendor
Buyers’ Broker - If you’re serious about buying, let Mark Wilson find or create your best deal.

Mark Wilson - Licensed Real Estate Broker
(727) 504 - 9615
mwilso21@tampabay.rr.com

www.Mr3days.com, Tampa Bay’s #1 Wholesaler!!! - Standard Vendor
Sign up for our Investor VIP List!!!

1-888-MR3-Days,CA$H IN 3 DAYS FOR YOUR HOUSE,
call: 813-935-3800

www.Mr3days.com

Home and Income Realty - Standard Vendor
Your source for Rich Investing. 21 Point Plan of Action for Sellers to market your home.

Janet Montano; Broker.
Cell: (813) 956-3563
Fax: (813) 319-5690.
jmontano@HomeandIncomeRealty.com
http://homeandincomerealty.com

Altieri Transco American Claims - Standard Vendor
We adjust Property Insurance claims for Policyholders and are YOUR advocate in the claims process.

Raymond A. Altieri, Jr., CPPA
Cell: 813-695-8639
Email: ray@transco.tv
Office: 813-247-4757
Fax: 813-242-4590
www.altieritransco.com

  • Other Services

TechnoVestor - Standard Vendor
Providing the ultimate, customizable websites! For real estate investors and for every Entrepreneur / EVERY business soon!!!

Dan Stojadinovic
Web Site: www.technovestor.com
Web Site: www.prospectizer.com

Entrust of Tampa Bay, LLC - Standard Vendor
Your Professional Support team. Self-directed investing, our industry-leading knowledge is based on hands-on experience in real estate and other nontraditional investments

Contact: Jack M. Callahan, JD, CFP™
www.TheEntrustGroup.com
Tel: 727.581.9853
800.425.0653
Fax: 727.585.0754

Little Known Banking Method - Standard Vendor
Escape the “normal” practice of repaying your Mortgage. STOP your Mortgage in off as little as 8 -11 years.

Ayla Willer, Independent Agent
AylaW@Tampabay.rr.com
www.littleknownbankingmethod.com
Phone: (727) 452-9648
Fax: (813) 354-3552

Innercoastal Hauling INC.- Standard Vendor
We offer very reasonable prices; Residential/Commercial. We will load and haul all unwanted items. We will come out and give you a free estimate.

Jim Gardner, President
727 – 465 – 4650
Email: jim@innercoastalhauling.com
www.innercoastalhauling.com

Primo Coach, LLC - Standard Vendor

Contact Jason R. Hanson:
Phone # 888-895-EASY
email him at: jason@primocoach.com
Author of “How to Build a Real Estate Empire” and mentor to students all across America.

 

Contact us for:
Elite Vendor and Sponsor-ship Opportunities
Looking to advertise your business on
TBREIA’s Website and in the Newsletter for one price?


Call Ayla Willer at: (727) 452-9648.
Or email her at: AylaW@TBREIA.com



TBREIA’s Advertising Catalog, 2008.

Elite Vendor, 3 nonconsecutive Saturday’s, 3 min. speaking ,3 out of 3 events, website- live link
Annual Vendorship, live-link, Scrolling Banner, Newsletter,table at the general meeting
TBREIA picks up & distribute your Marketing Material (each time - Service Fee)
Current TBREIA Vendor, Newsletter, one Full page
Current TBREIA Vendor, Newsletter, one ½ page
Pre-pay for one year:
(You receive 12, pay only for 11)
Deduct
price of 1
Non-TBREIA Vendor – one Full page
Non-TBREIA Vendor – one ½ page
Pre-pay for one year:
(You receive 12, pay only for 11)
Deduct
price of 1
 
Webinar (45 min.) stays online for 3 months
 
 
One Email-Tagline
(Your website link will be send to TBREIA’s entire list)