Triad Real Estate Investors Association
Serving real estate investors in the Greensboro, High Point, Winston-Salem North Carolina and surrounding areas
New Triad REIA Focus Group: “Real Estate Investing for the New Investor”
Presenter: Laura Farrell, Triad REIA Member & Past President of Triangle REIA
Price: $40 per Session – paid at the door — or — $120 for All Sessions Paid in Advance (2 Free Sessions and an $80 Savings)
Site: Magnolia Manor Learning Center, 8818 W. Market St. In Colfax (1/2 mile east of Sandy Ridge Rd.) View Map
SESSION 1 (Sep 19th – 6-9 :30 pm)
- How does an investor look at a building, the land, the zoning, location, other structures on the property. What questions should the investor ask the seller/owner of the property. What is the ultimate potential of the property
- How does an investor find the properties.
- Do you have what it takes to be a successful real estate investor?
- Analyzing the potential profit of the property by preparing a “flip chart”
- Analyzing the possibility of making the investment a rental and what are cap rates
SESSION 2 (Sep 26th – 6-9:30 pm)
- NET OPERATING INCOME STATEMENTS & CAP RATES
- The entire session will be devoted to working up a Net Operating Income Statement and analyzing the return on investment (cap rate)
SESSION 3 (Oct 3rd – 6-9:30 pm)
- Finance –What’s the difference between Fannie Mae, FHA, USDA, VA loans and what are they about – How do lenders look at borrowers, both investors and owner occupant purchases
- What is the GFE and how to tell if the lender is ripping off the borrower – Repairing credit and helping potential buyers get their credit ready for your sale – Why lenders allow some investors a huge line of credit & not others -Lender terms – what they mean
SESSION 4 (Oct 10th – 6 – 9:30 pm)
- The art of negotiating. Simple tools a savy investor would use to negotiate the best price and terms.
- We will do some role playing and discussion about how to communicate with the seller and make it a “win-win” for everyone.
SESSION 5 (Oct 17th – 6-9:30 pm)
- HUD Statements – It’s vital to understand them, as they are the final accountability of all the money that is transacted in the sale. We will have sample HUD statements to analyze.
- Real Property Laws – There are laws regarding a sale that even a non-licensed person needs to know about real estate. Understanding them and the vocabulary that goes with it is vital to staying on top of the “deal”. Each student will receive a vocabulary list, with definitions spelled out in simple terms, easy to understand.
Register now online!