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June 21st 2012 Meeting The California SPEAKER:
Stephen Frank Don't miss this insightful discussion about many of the woes our Great once "Golden State" faces and thoughts for remedy. You will learn about:
Who is Stephen Frank? He is a long time political activist Human Rights Activist (Freedom is a human right) (Foodie-devotee to The Food Network)
He has worked with numerous Charity Groups, along with D.C. based organizations from Americans for Tax Reform, NRA, and many of the supporting groups of CPAC Upcoming
Peter Fortunato Pre-Register early to get Discounted tuition and a FREE BONUS copy of Jack Miller timely book; "Financial Strategies in Uncertain Times" Workshop Info: Using Skill Sets & Currencies to Acquire Assets and Generate Income If your have certain "Skill Sets", are already in business or aspire to be in business – Pete will cover and discuss the use of Inventory, Investments, and Promises as "Currencies" that can be used other than cash in Business building and in Estate building. Learn how to acquire Assets and Inventory which can be resold to generate ordinary income and fund your lifestyle. And Learn how to acquire Investments which can be held for the production of Portfolio, Passive, and / or Tax advantaged Long Term Capital Gain Income to fund your lifestyle. Some of the Topics Covered:
This will be quite the valuable day! As always Pete requests you Challenge him, Ask Questions, and Offer Suggestions and Alternatives. Don't Wait – Pre- Register Today!
BAWB
Regular Monthly Meeting Thursday May 17th 2012
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The true extent of Wall Street's role in the current mortgage and credit crisis is revealed for the first time by authors Paul Muolo and Mathew Padilla, two acclaimed journalists who have long tracked the financial industry. In CHAIN OF BLAME: How Wall Street Caused the Mortgage and Credit Crisis (Wiley; $27.95; July 2008, Hardcover), the authors spin a tale of greed and recklessness all around Countrywide Chief Angelo Mozilo, whom Muolo has known for 20 years. Going behind the scenes of Mozilo's dramatic rise and fall, the book outlines his love-hate relationship with The Street, and how he paved the way for mortgage banking firms to use loan brokers who had "no skin" in the lending game. The idea was to fund loans as quickly as possible and securitize them through Wall Street. It was then Wall Street's job to transform the mortgages into "investments" and find people (sometimes suckers) to buy them. The whole system became concerned with one thing: earning a commission.
Muolo and Padilla chronicle this disaster, and explain in detail what went wrong at the nation's top subprime lending institutions including Countrywide, and non-banks such as New Century Financial, Ameriquest Mortgage and its sister firm, Argent Mortgage, the latter two of which were owned by the late Roland Arnall, former ambassador to the Netherlands, and a large political donor to the George W. Bush. (Many of the nation's largest non-bank subprime firms were backed by such Wall Street giants as Bear, Stearns, Credit Suisse, Merrill Lynch, Lehman Brothers and Greenwich Capital, among others.
Revelations from CHAIN OF BLAME include the following
(and more):
CHAIN OF BLAME is a sweeping, narrative of greed run amok, one that has not come down the pike since James B. Stewart's Den of Thieves and Michael Lewis's Liar's Poker.
About the authors:
Paul Muolo is the co-author of the bestselling "Inside Job: The Looting of America's Savings and Loans." He is the executive editor of National Mortgage News, which won a Polk Award in 1990 for its reporting on the S&L Crisis. His freelance work has appeared in The New York Times, The Washington Post, Barron's, Playboy, and various other publications.
Mathew Padilla (Santa Ana, CA) is a business reporter for The Orange County Register and a regular business news commentator on KOCE and KDOC television. His work on the subprime crisis was recognized by the Society of American Business Editors and Writers and was nominated for a Pulitzer Prize. He also hosts the popular Mortgage Insider blog website, which has been featured on CNBC, MarketWatch, and Editor & Publisher.
Copies of the book will be available for purchase and autograph
at the meeting.
Topic:
CONFESSIONS OF A REAL ESTATE
ENTREPRENEUR
WHAT IT TAKES TO
WIN IN HIGH-STAKES
COMMERCIAL REAL ESTATE
SPEAKER: Author, commercial Real Estate Attorney, Real Estate Broker and investor;
James A. Randel
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Everything You Need to Know To Make It Big In Real Estate
Confessions of a Real Estate Entrepreneur: What It Takes to Win in High-Stakes Commercial Real Estate will be of great interest to anyone interested in real estate or entrepreneuring. Full of real-world wisdom from successful investor James Randel, this discussion will be packed with detailed examples of real-life deals, demonstrating strategies to help you avoid the mistakes that Randel and other investors learned the hard way.
Randel is NOT a get-rich-quick, no money down proponent. His approach to the accumulation of wealth, using real estate, is aggressive and creative but by no means, risk-free. Inside you'll learn first hand lessons and secrets about:
Below are two endorsements written by leaders of two of the largest commercial real estate companies in the United States:
"I've tracked
Jimmy's incredible run of successful real estate investments for 20
years and more recently invested very profitable with him. His latest
book, Confessions of a Real Estate Entrepreneur,
provides all the tools for analyzing, buying, improving and profiting
from the investment in income producing properties. It is a must read
for anyone interested in real estate investing."
Jeff Dunne, Vice Chairman, CB Richard Ellis.
"Jim Randel's
book, Confessions of a Real Estate Entrepreneur,
expounds on all of the exciting elements of commercial real estate.
Jim's focus on the building blocks, the creativity and the strategy of
deal making gives its readers a front row seat into this high stakes,
and richly rewarding game. I have completed many transactions with Jim
and have found his excerpts to be a true and readable accounting of
just some of his dealings. For all the real estate professionals who
work for me, this is a must read."
Jim Fagan, Managing Director, Cushman &
Wakefield.
Don't Miss this outstanding evening and a chance to listen and learn from the author of the book; Confessions of a Real Estate Entrepreneur - the book that the late Bob Bruss reviewed and stated;
"Hidden under that shell is one of the best real estate investment books I've ever read. On my scale of one to 10, this unique book rates an off-the-chart 12…."
To Read the entire Bob Bruss book review click here
Who is James A. Randel?
JAMES A.
RANDEL
Commercial Real Estate Attorney, Real Estate Broker,
Investor
Jim Randel is a
graduate of the Columbia University College and Law School. Since
graduating law school, he has been buying/selling, brokering and
lawyering real estate deals. His earliest ventures relied on creative
financing partnerships. With time, he moved into more aggressive real
estate strategies. Today Randel is a leader in "added value"
investing,
an approach to real estate that attempts to boost the value of a
property well beyond normal appreciation or inflation. His strategies
have been followed by many investors around the country.
Randel is also the author of two books. His first book, THE REAL ESTATE GAME AND HOW TO WIN IT, was published in March of 1985. His second book, CONFESSIONS OF A REAL ESTATE ENTREPRENEUR, came out in January, 2006 and demonstrates commercial real estate investment strategies through examples of detailed real-life deals.
Randel has also been a daily commentator on real estate issues on television and has spoken at national real estate conferences around the United States, including Harvard Business School.
And don't miss the exciting Peter Fortunato's exciting October Workshop:
Taught for First Time in over a Decade on the West Coast! - Don't Miss
this Opportunity to learn from the Master
Dealmaker
Peter Fortunato's
Real Estate Acquisition Techniques Class
Peter will
present (2) two days of lecture and discussion, with case studies,
regarding the acquisition and control of Real Property. Questions &
Discussion are encouraged!
PRE - REGISTER
TODAY for the Upcoming BAWB sponsored
FULL DAY WORKSHOP - Saturday & Sunday October
11-12
For more
information on this fabulous workshop event please CLICK HERE!
Thursday
September 18, 2008
Speaker: Master Dealmaker; Peter Fortunato
TOPIC: Real Estate Acquisition
Techniques
In what may
represent one of the greatest buying opportunities in ones lifetime to
creatively acquire or control Real property which will produce income,
growth, and lifestyle for you and your family for years to come - don't
miss this opportunity to listen and learn from the Master Dealmaker
himself;
Peter Fortunato
Whether you're just starting out or consider yourself a seasoned pro you don't want to miss month's meeting and the follow up Saturday and Sunday workshop.
Invite a friend, associate, family member or loved one for a wonderful evening out of education, discussion, and networking.
Pete will outline his views about:
* Capitalism and Freedom
* The subjectivity about Value for property
* What do you
want?
Income, Growth, Tax Benefits, Amortization, Management, or
Use?
* Why the statement; "I need Cash…" is often a BIG lie
* How to get started
* Equity Financing and Equity Participation agreements
* How to involve other investors, family and friends in your investments
* Why non institutional financing is far better than "off the rack" financing
* Dealing with Promises to Property
Thursday August 14, 2008
Speaker: Steve Moskowitz, Attorney, CPA
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TOPIC:
Winning on your
Taxes
Undoubtedly
you've heard Steve on the Bay area radio airwaves and seen him on TV.
His law firm specializes in taxation matters and negotiation with the
IRS. Visit with us this evening and learn from his expertise
about;
* What
Real Estate investors need to know about their investments and
taxes?
* What happens if you don't file or file truthfully
* Audit trigger issues and preparedness
* IRS penalties and defenses
* And so much more…
About the Speaker:
Steve Moskowitz, is the Senior Partner in the Law Office of Steven
Moskowitz, LLP, located in San Francisco, California. Steve Moskowitz,
LLP, also represents clients with local, national and International
needs.
The Steve Moskowitz tax law firm specializes in civil and criminal business and individual tax law. For over thirty-five years, Steve Moskowitz has successfully helped thousands of clients with tax representation and resolving different types of tax situations that can arise with the IRS or State. His services include Criminal Tax Representation, Audit Representation, Civil and Criminal Representation, Tax Planning, Current and Delinquent Tax Returns, Tax Disputes, Money Laundering, Tax Levy Release, Offshore Tax Shelter, Employment or Payroll Taxes and International Tax Representation.
The Steve
Moskowitz tax law firm includes a professional staff of attorneys,
certified public accountants, paralegals and administrative
assistants.
Steve Moskowitz
has earned an advanced law degree specializing in tax, in addition to
the regular law degree. His degrees all with Honors include an M.B.A.
Specializing in Accounting from New York University and a Bachelor
Degree, Specialization in Accounting from Drexel University. His
licensing include, State Bar of California and the State Bar of New
York, Certified Public Account-New York, United States Tax Court,
Federal Appeals Court, United States Supreme Court, Northern District
of California, Eastern District of California, Southern District of
California and Central District of California.
Steve has
published articles featured in a variety of publications on the subject
of Tax Law, How to Reduce your Taxes, Avoiding Tax Return Preparation
Penalties, Tax Aspects of Financial Planning and Hong Kong Revenue Law
to mention a few. He has conducted seminars on such topics as Tax
Aspects of Financial Planning, Legal Liability of Certified Public
Accounts, and Tax Planning for Small Business, Tax Saving Through
Year-End tax planning and taxation of Individuals and
business.
Steve Moskowitz
media accomplishments include being the Fox TV Legal Analyst for seven
years, Talk Show Host for KNBR-San Francisco and KGO and KSFO Talk
Radio-San Francisco speaking about legal and tax
issues.
As a tax attorney, Steve taught for ten years in Law School, Graduate Tax School and University.
Thursday
July 17, 2008
Speaker: Master Dealmaker; Peter Fortunato
TOPIC: The ART of the
Deal
Good Deals are not found…Opportunities are located or locate you….Then good deals (Transactions) are constructed…
There are
certain fundamental negotiating and investment techniques that are
universal regardless of your location.
This month's
featured speaker is Peter Fortunato. Nationally known as an expert
in using Real Estate creatively coupled with "paper" to formulate
profitable Real Estate Transactions for the buyer, seller, and
investor.
Learn how to
create profitable Transactions, Income and Wealth- often without
cash, credit, or extensive connections.
Discover
negotiating techniques and paperwork which make the numbers work
and allow for deals to happen.
Visit with us
and learn from one of the Masters on how to "Construct" Deals. Hear
Pete's clear, patient explanations, and practical insights. You Do
NOT want to miss this month's meeting, plan on being with
us!
Taught for First Time in over a Decade on the West Coast! - Don't
Miss this Opportunity to learn from the Master
Dealmaker
Peter
Fortunato's Real Estate Acquisition Techniques
Class
Peter will
present (2) two days of lecture and discussion, with case studies,
regarding the acquisition and control of Real Property. Questions
& Discussion are encouraged!
PRE -
REGISTER TODAY for the Upcoming BAWB sponsored
FULL DAY WORKSHOP - Saturday & Sunday October
11-12
For more
information on this fabulous workshop event please CLICK HERE!
Thursday
June 19, 2008
Speaker:
Author,
investor, educator,
Michael Morrongiello
TOPIC:
"Paper" into Cash - The Convertible Currency
How to Manufacture Your Own Financing
Don't
just survive the credit crunch - THRIVE during changing market
cycles!
Discover how
to effectively create marketable real estate-secured Notes that can
be easily and readily converted into a cash lump sum. With the real
estate markets softening, Wall Street no longer buying certain
loans, and qualifying criteria becoming more stringent - with the
right knowledge, you can fill the void in the marketplace by
offering seller financing for both the acquisition and disposition
of properties.
What
is Seller Carryback financing?
When a
property seller assists the buyer by acting as the lender, the
property seller may finance part or all of the sale. The term given
to such seller financing is "carryback financing." A seller is
literally carrying back part or all of the financing on the
property instead of a financial institution.
In today's tight credit Market; Seller carryback financing is vital
to a successful sales program. It is so important that if more
property sellers, their agents, buyers, and Real Estate Investors
understood the principles of seller carryback financing, more real
estate activity would be generated across the country than with any
other marketing tool!
A Few
Advantages of Seller Carryback Financing:
It makes a
listing more salable.
It provides
the seller with an interest return (yield) on their note that
exceeds savings accounts, CD's and money market
accounts.
The seller
carryback note(s) can be an extremely safe
investment.
The seller carryback note(s) can be made salable, should the holder need cash in the future.
At
this Meeting you will learn About;
* The type of
notes preferred by "paper" investors or note buyers. Owner-occupied
homes are the most desirable. History has proven them the most
stable. Notes secured by land usually have the greatest
risk.
* Real estate
values fluctuate both up and down over time, even in good areas.
Why a note holder's best protection against loss is protective equity established at the time
he acquires a note. An owner with a substantial equity who is
paying on a note will be motivated to protect his/her equity
position.
Some
Terms & Concepts to become familiar
with:
Your
Financial Calculator:
TIME: Expressed in months or years (Calculator symbol =
N)
INTEREST: The rate of interest or yield desired usually expressed per month
or per year (Calculator symbol = I). The annual interest rate must
be divided by the number of payments that the note requires during
the year. Monthly + by 12, Quarterly + by 4, semi-annually + by 2,
etc.
PRESENT
VALUE: The dollar value today of dollars to be received in
the future. (PV is the symbol.)
PAYMENT: The amount of money paid periodically on the note. In the above
example, payment includes principal and interest. (Payment is the
PMT symbol on a financial calculator.)
FUTURE VALUE: As a seller carried back of a note to be fully amortized over 10 years, the future value (FV on the financial calculator) would be zero. However, suppose a note has a future balloon payment due before it fully amortizes. If you are solving for PV, you must first calculate the amount of the balloon or the Future Value (FV) before you can calculate or solve for the discounted PV value.
More
Terms
PROTECTIVE
EQUITY: Is the current market value of the property less
the total debt on the property. It is the sellers' or lenders'
cushion against possible loss. The larger the protective equity,
the more protection for the lender. Note: Having substantial
protective equity is the best way to take back a mortgage without
being taken.
LOAN-TO-VALUE
(LTV) ratio is the amount of debt on a property
expressed as a percentage of the Fair Market Value (FMV) of the
property. Example: A property valued at $100,000 has a first loan
of $50,000 and a second loan of $20,000. The $70,000 total debt
divided by the $100,000 Fair Market Value (FMV) = 70% LTV. The
lower the loan-to-value ratio, the more equity an owner has. For
example, with only $50,000 debt, the same property would have a LTV
ratio of 50%.
About
the Speaker:
Michael T.
Morrongiello is an active investor who specializes in Real Estate
& Real Estate "Paper" investments. Widely known as having one
of the most knowledgeable and creative minds in the paper business,
Michael started creating paper as a result of his own Real Estate
investment activities in the early 1980s. He has bought, sold or
held for investment multiple properties in several states as well
as thousands of real estate-secured mortgages. He has creatively
used seller financed mortgages to secure all types of residential
properties, apartments, mobile home parks, office buildings,
development land, businesses, and commercial properties in every
state in the Union from Alaska to Hawaii and Florida to California.
His tips, tricks, and traps articles often appear in industry
publications.
Thursday May 15th,
2008 Speaker: Marko Rubel |
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Topic:
"How to make $20,000 to $50,000 per month Buying Houses Part
Time"
Take Advantage of the Tidal Wave of Opportunities that currently
exist and will continue through this market
"correction"
Don't Miss this opportunity to listen and learn what is working for Marko under today's market conditions
Join the
growing number of groups and members around the country who are
embracing a fascinating personal story as well as an original voice
the real estate investing field. When Marko comes to speak for your
group, you will learn
to:
In over 5
years as a full time investor, Marko has completed several hundred
highly profitable transactions. Last year alone his automated
business produced over $1,000,000 in profits.
Marko
contributes his success to Marketing and Automating how he runs his
business. He will reveal one of his secret automation tools that
allowed him to systemize his operation. This proven system alone
was responsible for doubling his profits and
cutting his active involvement down to only several hours
per deal!
This
eye-opening presentation will blow you away! Marko will teach you
why setting up a "Motivated Seller Attraction
System" and a "Lazy Man's Back Office
System" is the key to doubling profits and at the same
time tripling your free time! You don't want to miss
it!
Don't let your competition get there first!
Thursday
April 17th, 2008
Speaker: Richard Desich - Equity Trust Company
Topic:
Accelerating Wealth with Self-Directed IRAs
Self-Directed
IRAs for the Real Estate Investor:
Your Knowledge + Your Expertise = Your Profits… Earned Tax Free with
the use of government sponsored retirement
plans.
One of the
greatest (and least known) tools available to real estate investors are
government sponsored retirement plans. Most real estate investors
believe that their only IRA investment options are bank CDs or the
stock market. Very few realize that they have the option to truly self
direct their IRAs in areas where they have knowledge and expertise such
as real estate.
About our Speaker- Who is Richard Desich?
Richard Desich
As a Vice
President of Equity Trust Company, Richard Desich Jr. is a nationally
recognized, pre-eminent authority on non-traditional investing in IRAs
and qualified plans. An experienced real estate investor, Rich holds
Series 7, 24, 55 and 63 licenses with the NASD. A graduate of Ohio
State University, he joined Equity Trust in 1998, and now travels
throughout the country educating numerous investor associations and
groups each year on the advantages of self-directed real estate IRAs.
Rich has been quoted in prestigious financial publications including
the Wall Street Journal and Investor's Business Daily, and investors of
all levels and experience benefit from his expertise.
About Equity
Trust Company
With more than 32
years experience, Equity Trust Company is a leading custodial provider
of self-directed IRAs and small business retirement plans. Clients
benefit from our extensive expertise, dedication and customer-focused
support in providing truly self-directed IRAs, and our clients increase
financial wealth by investing in variety of opportunities from real
estate and private placements to stocks and bonds. Equity Trust Company
manages more than 30,000 accounts for clients in all 50
states.
SPECIAL
WORKSHOP EVENT:
Tax-Free Wealth Seminar
Stop Paying Taxes On Real Estate and Other Non-Traditional Investments
Today!
When: Saturday April 19th 2008
Where:
Embassy Suites
South San Francisco Airport
250 Gateway Blvd.
San Francisco, CA 94080
# 650-589-3400
Time: 9
Am to 4 Pm - check in begins 8:30 am
For more information on this workshop, please click here
Speaker: author, investor, educator; John Schaub
Topic:
Creating Wealth During Uncertain Times
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Don't miss the wonderful opportunity to listen and learn from John Schaub
* Buying from sellers and lenders who are in trouble
* Using Investor money for your down payments
* Structuring financing that gives you the cash flow
* Buying property with the greatest profit potential
* Attracting and keeping the best tenants in your town.
* Selling quickly at market prices in a soft market
About John Schaub:
John has survived eight Presidents and prospered for 30 years as a landlord. He authored the original single family house seminar in 1976 which launched thousands on their way to successful investing. He is still an active buyer and engaged in managing his business and investments, when not traveling with his family, or building homes for Habitat for Humanity.
John is a reformed "Big Deal" guy, who discovered that most of the big talkers had small bank balances. John stresses keeping it simple. He talks only about what he has done and what has worked and sometimes not worked for him. John spends nearly all of his working time making deals and managing his properties. He teaches only three seminars a year.
He stresses buying better, well located houses as opposed to less expensive houses or other income properties. Better houses are much more profitable and far less trouble. He advocates paying off debt, owning properties free and clear and maximizing cash flow by only buying properties with larger profit potential, financed so they produce immediate cash flow.
John graduated in 1970 from the University of Florida College of Business, was an active Realtor for 10 years and served as President of both the Sarasota and Florida Real Estate Exchangers. He is listed in the Hall of Fame of Who's Who in Creative Real Estate, featured on the cover of Personal Finance magazine and was recently quoted in Forbes.
He is an advocate for privately owned affordable housing. He served 7 years on the International Board of Habitat for Humanity and has served four terms as President of the Sarasota Habitat Affiliate and served 17 years on their board.
John's wife Valerie, a real estate attorney, and their three perfect children enjoy skiing, boating, diving, horseback riding, and touring the country in John's plane. John is an instrument rated pilot and has been flying his own plane since 1973.
IMPORTANT WORKSHOP DATE CHANGE
The John Schaub
WORKSHOP event has been changed to a new date from Sat. 3-22-2008 to
the NEW date of Saturday 3-29-2008 - same times, same
location.
PRE-
REGISTER TODAY for John Schaub's
Full Day Sat. 3-29-2008 Workshop
Event
Creating Wealth During Uncertain Times
Time: 9 Am to 4 Pm
When: Saturday March 29
South San
Francisco Conference Center
Near SFO
This will be a powerful information filled event you simply must attend.
* Special Bonus Material to also be presented by Michael Morrongiello on using alternative & creative financing techniques
Seating is VERY limited! - Don't Wait - Pre-Register Today!
For a workshop brochure, registration form and more information click here
Speaker: Jay P. DeCima a/k/a "Fixer Jay"
Topic:
Investing in small Mixed use and Multi Unit
properties
About our
Speaker:
Author of the fabulous "Making BIG Money Fixing Ugly Houses" book and
"Trade Secrets" newsletter we distribute to all new BAWB members as
part of their membership package Jay will discuss a topic he knows very
well. How to invest in and make money with smaller mixed use and Multi
unit rental investment properties.
Don't miss this
opportunity to listen and learn from this seasoned "Old Timer" and the
wisdom he shares with Real Estate investors around the
country.
Jay P. DeCima,
known to many as "Fixer Jay", is a seasoned real estate investor with
more than 40 years of hands on experience; nearly half that time has
been devoted to Jay's specialty - fixing-up rundown houses and adding
value. In 1980, Jay quit his 23K-year telephone job to pursue real
estate investing full time. Today, Jay is widely regarded as the
undisputed king of fixer-upper houses on the national teaching circuit.
He spends a great deal of his time overseeing his 200 house empire in
Redding, California, and writing about his
experiences.
Since Jay's favorite recreation is the same as his day to day activities. He always enjoys sharing his knowledge with the various investor clubs around the country.
If you wish to get your book autographed - bring it to the meeting.
January
17th 2008 Meeting
A (2) Two Part Information filled Program you do not want to miss!
The Campbell
Method: A Proven Timing System that Tells You EXACTLY When to Buy and
Sell Real Estate to Make Maximum Profits!
&
The Mortgage Meltdown Freeze = Fraud
Part 1 –
San Mateo, CA Attorney, freelance writer;
Sean Olender
MORTGAGE MELTDOWN
Interest rate 'freeze' - the real story is fraud
Bankers pay lip service to families while scurrying to avert suits,
prison
Excerpt:
…unfortunately, the "freeze" is just another fraud - and like the other
bailout proposals, it has nothing to do with U.S. house prices, with
"working families," keeping people in their homes or any of that
nonsense.
The sole goal of
the freeze is to prevent owners of mortgage-backed securities, many of
them foreigners, from suing U.S. banks and forcing them to buy back
worthless mortgage securities at face value - right now almost 10 times
their market worth.
The ticking time
bomb in the U.S. banking system is not resetting subprime mortgage
rates. The real problem is the contractual ability of investors in
mortgage bonds to require banks to buy back the loans at face value if
there was fraud in the origination process.
And, to be sure, fraud is everywhere. It's in the loan application documents, and it's in the appraisals. There are e-mails and memos floating around showing that many people in banks, investment banks and appraisal companies - all the way up to senior management - knew about it.
To read the rest of this insightful article go to:
www.sfgate.com/cgi-bin/article.cgi?file=/c/a/2007/12/09/IN5BTNJ2V.DTL
Part 2 – Author of Timing the Real Estate Market, Statistician, & Investor;
Robert Campbell
The Campbell
Method: A Proven Timing
System that Tells You EXACTLY When to Buy
and Sell Real Estate to Make Maximum Profits!
"Is now a good time to buy ...
or should I wait?"
"Should I sell now ...
or will housing prices go even higher?"
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Dear Real Estate
Investor:
Imagine for a moment how you would feel if you could predict major
turning points in the real estate market.
Suppose somebody handed you a 21-year time-tested
system that would tell you ahead of time when property values
were going to hit a peak … and then when prices were going to hit
bottom years later.
If you could anticipate these kinds of critical real estate events in
advance … then not only could you make spectacular profits, but you
could protect your money as well.
Sounds pretty amazing, doesn't it?
Actually, it's not. The real estate market does signal its future intentions
if you know where to look.
Hello. My name is Robert Campbell and I wrote Timing the Real
Estate Market to help both professionals and ordinary people
make the most money in real estate with the least amount of risk. Based
on a major breakthrough in tracking and
predicting real estate trends, my book reveals the real estate timing
technique that I call The Campbell
Method.
As far as I know, The Campbell Method is the only proven method in the world that shows how to accurately anticipate upcoming changes in your local real estate market.
What this means
is that when you read Timing the Real Estate Market,
you are going to learn how to make – and protect – your fortune in real
estate in the same way that J. Paul Getty, the Rockefellers, Warren
Buffett, and other super-rich investors made their fortunes: by
focusing on WHEN to buy and sell.
It's true. When
it comes to making money in real estate, nothing beats good
timing.
The reason that The Campbell Method is going to change the way you think about how to buy and sell real estate is that I share my truly remarkable discovery of five key real estate indicators. I call them "Vital Signs," and they're able to predict the peaks and valleys of real estate cycles with an almost uncanny accuracy. As "leading indicators" to what's looming on the horizon for real estate prices, these Vital Sign indicators act like windows into the future, giving you advance notice of approaching trend changes from three to six months before they become obvious to the general public.
Author's
Note: Timing the Real Estate Market is used
at the University of San
Diego by Professor Elaine Worzala. The class: Real Estate
Investment. "The logic behind these Vital Sign indicators is
air-tight," says Professor Worzala. "I'm very impressed, and my
students love your book."
Copies of Timing the Real Estate Market will be available for purchase and autograph by Robert Campbell at the meeting.
Workshops in 2008
Saturday April 19th 2008
SPECIAL WORKSHOP
EVENT:
Tax-Free Wealth Seminar
Stop Paying Taxes On Real Estate and Other Non-Traditional Investments
Today!
Equity Trust Company's Tax-Free Wealth Seminar is coming to the SF Bay Area to educate you on how limited investment options and taxes that drain profits can be problems of the past...
Where:
Embassy Suites
South San Francisco Airport
250 Gateway Blvd.
San Francisco, CA 94080
# 650-589-3400
Time: 9 Am to 4
Pm - check in begins 8:30am
One of the nation's leading custodian for self-directed IRAs, details the amazing benefits that self-directed IRAs can provide you today and in the future. This day-long event showcases the power and astounding growth potential of self-directed IRAs and below is some of what you'll learn:
·
Quick turn real estate and Note deals TAX-FREE
· Raise millions of dollars hassle-free to fund your deals
· Compound your profits TAX-FREE for over 100 years
· Make your children or grandchildren millionaires
Sign-up Today! It's easy, just click below to obtain the workshop registration form, fill it out and mail or fax it in.
The Pre-registration deadline expires Tuesday April 15th 2008
If you pre-register in advance, your cost is just $99 per person, $149 per couple.
After the deadline and on a space available basis at the door the cost will be $199 per person or $249 per couple-no exceptions
FREE Bonuses available only to you but only if you PRE-REGISTER!
Sign up in advance and receive $410 worth of fabulous educational products including:
* Two FREE months of Investor Insights - a private teleconference with Dick Desich held the 1st Wednesday of each month- a $300 value.
*
Dick Desich's book, "Proven Wealth Building Secrets for You and Your
Children"
-a $50 value.
*
Dick Desich's lease option report
- $20 value.
*
Equity Trust's guide to "Stop Paying Taxes to Your Real Estate Profits
Today!"
- a $40 value.
The FREE Bonuses are yours but you must
PRE-Register BEFORE the deadline date!
Don't Miss This Incredible Opportunity To Learn From A Nationally Recognized Expert!
For a workshop brochure, registration form and more information click here
PRE-
REGISTER TODAY for John Schaub's
Full Day Sat. 3-29-2008 Workshop
Event
Creating Wealth During Uncertain Times
Time: 9 Am to 4 Pm
When: Saturday March 29
South San
Francisco Conference Center
Near SFO
This will be a powerful information filled event you simply must attend.
* Special Bonus Material to also be presented by Michael Morrongiello on using alternative & creative financing techniques
Seating is VERY limited! - Don't Wait - Pre-Register Today!
For a workshop brochure, registration form and more information click here
And don't miss the exciting Peter Fortunato's exciting October Workshop:
Taught for First Time in over a Decade on the West Coast! - Don't Miss
this Opportunity to learn from the Master
Dealmaker
Peter Fortunato's
Real Estate Acquisition Techniques Class
Peter will
present (2) two days of lecture and discussion, with case studies,
regarding the acquisition and control of Real Property. Questions &
Discussion are encouraged!
PRE - REGISTER
TODAY for the Upcoming BAWB sponsored
FULL DAY WORKSHOP - Saturday & Sunday October
11-12
For more information on this fabulous workshop event please CLICK HERE!
Meetings in 2007
Topic:
How to Profit from the Coming Wave of Bank Foreclosures
Speaker:
Author, Investor, Mortgage Counselor; Steve Dexter
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How Much, How Many, How Quick Will They Come?
Fact: 40% of all national loan purchases had marginal subprime or Alt -A- Loans. One in 5 will default
Fact: 2.2 Million foreclosures nationwide are forecast in the next two years
Fact: Bank foreclosures in California have exploded FIVE-FOLD in 2007 for one major lender!
Find out about:
I. The Subprime Contagious Effect
II. The People and the Areas most likely to get hit
III. How long will this downturn last?
IV. What lenders, builders and realtors are most likely to get hit ---Where the present state of the real estate markets is and where it is likely to go
V. How the Subprime Contagious effect will effect the real estate industry and the larger overall US economy
VI. To homeowners in trouble---How to talk to the people in loss mitigation if you are in foreclosure
VII. To investors seeking to profit----How to find asset managers in the REO departments and establish relationships with top producing bank brokers
Don't Miss Your Chance to Profit!
Tremendous Fortunes Will Be Made in the Coming Years
About Steve Dexter:
Speakers:
Bill Twyford & Dwan Bent Twyford
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Don't miss this exciting and successful couple and they share with you;
A Two Part Program - Short Sale Secrets in the Changing Market & Power Negotiating Techniques
Part 1 - Short Sale Secrets in the Changing Market
Building Your Case - Learn how to find deals, quickly and properly put together your submission packages with the banks, have the crucial conversation that will make or break your deal, how to pin down loss mitigation, how to handle the lenders property inspection, getting the deed, and more.
Additional Closing Arguments - When the bank says no, there is still work to do. How to place your second and third offer, how to delay the foreclosure, how to give the homeowners some money, what about bankruptcy, 1099's and deficiency judgments, etc.
About Dwan Bent Twyford
Dwan Bent-Twyford, the Queen of Foreclosures, is a distinguished author, motivating national speaker, and incredible teacher. She has published a home study course, Financial Freedom Through Foreclosures, that will teach you every aspect of the exciting foreclosure world….in detail! In a world dominated by men, this amazing woman has certainly made her mark wholesaling, short saling, buying, rehabbing, and successfully selling real estate for over a decade.
Her niche is finding foreclosures with no equity, negotiating with the banks to accept less than what is owed, thus creating a "Short Sale." Over the last several years she has developed a hugely successful "Short Sale" system that has earned her and her students hundreds of thousands of dollars. She wants to share that knowledge with you. Her goal is simple…to teach you how to become a "super investor" using her proven techniques, strategies, and concepts.
Bill Twyford has been buying foreclosures for almost a decade. In his first year as an investor, he sold eighty properties. The money was ten times better than any commission he had earned, so he made the switch from agent to investor, and his career took off. To date he has sold well over 800 properties.
Bill is successful because he has learned the art of proper communication. The difference between earning good money and great money is the way you speak.
Bill Twyford will touch on some of the scripts, objection handlers, and persuasive language patterns that will have banks and homeowners eating out of your hand. Once you learn these secrets, your income will go through the roof!
About Bill Twyford
Bill Twyford is a successful real estate investor with over 800 deals under his belt. In addition, he is a national speaker, author, motivator, and incredible teacher. He has taught thousands how to break down the communication barrier using his highly successful, one-of-a-kind concept: "Shut Up! and Stick To The Script!" and "The Secrets of Closing The Deal."
The key to success lies in your communication skills. Without them, you are like a fish out of water. He will teach you how to influence others using NLP (Neuro Linguistic Programming) geared especially for real estate investors.
Dwan's & Bill's follow up
FULL DAY WORKSHOP
Short Sales in the Changing Market & Learn to Negotiate Like a Pro
Saturday October 20th 2007
South San Francisco Airport Conference Center
9:00 Am to 5:00 Pm - registration begins 8:00 Am
Dwan & Bill are to going to share an amazing Saturday with you. They specialize in every aspect of investing from finding deals to short sales to bankruptcy to rehabbing to super negotiating, all with great success. They believe if you have the right scripts and use the right tools you'll be successful in this exciting business. Don't miss the chance to spend an entire day with this exciting couple.
For more information about the workshop, a printable workshop flyer, and registration form please click here.
Speaker: Kalinda Rose Stevenson, Ph.D.
TOPIC: No Money Limits: Teaching The Truth about Money
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Every hopeful real estate investor wants to make money in real estate. This is why people buy books and courses, take real estate seminars, and attend real estate investment club meetings.
The reality is that most people who want to make money in real estate investing don't make money in real estate investing. Why? It comes down to understanding the truth about making money.
The most successful real estate investors know how to make money because they understand that they are playing a game with specific money-making rules. Unsuccessful real estate investors are unsuccessful, precisely because they are playing with a different set of money rules. And this is where the game of Monopoly is significant. Too many real estate investors attempt to play the real estate game with Monopoly-like money rules.
Kalinda Rose Stevenson, Ph.D.
Author, Internet Marketer, Consultant, Certified Guerrilla Marketing Coach, and longtime student of real estate investing.
Kalinda brings a teacher's perspective and experience to real estate education, particularly on the topic of making money.
Join us for an interactive, entertaining experience with an experienced teacher who will forever change the way you think about money and real estate investing.
Kalinda is the author of No Money Limits For Real Estate Investors, published by Morgan James Publishing and Co-Author of ebooks, Partner For Profits, and Owner Financing Made Easy. In her academic life, Kalinda earned B.A, B.S., M.Div., and Ph.D. degrees. Through her own transition from former Adjunct Professor and Lecturer at various schools of the Graduate Theological Union in Berkeley, CA, to entrepreneur, Kalinda is committed to teaching others what she learned the hard way about living life with "No Money Limits."
Copies of her wonderful book will be available at the meeting and can be autographed.
Thursday August 23, 2007
It's Miller Time...and the "Big Kahuna" is back…
(Please read all the way down for info about the upcoming
do not miss Jack Miller & John Schaub Blockbuster Workshop Event)
Don't miss this once in a blue moon opportunity to spend an evening with the incomparable Jack Miller.
THERE IS A SECRET TO GETTING RICH...
Anyone can learn how to get rich, but there's a catch. You have to understand MONEY--Why people spend it? When? How. Where? For What? You have to understand how a little money, plus time, can create a fortune for anyone. Test yourself. Do you know someone who isn't particularly smart or talented or energetic who seems to have made a lot of money, or who owns a lot of property?
My name is Jack Miller. I've been a successful investor in single family houses for 45 years. I've bought, sold, leased, managed, built, exchanged, financed and owned several hundred properties. Real estate is the main source of both my income and accumulated assets, thus, I can speak from years of actual experience.
LET ME TELL YOU A LITTLE STORY...
Once upon a time I was 40 years old and out of work. I'd been an executive with a Fortune 500 company with specialized technical skills. Without warning, I suddenly became a casualty of a corporate downsizing. I had two teenagers at home and a mortgage. I'd placed my future into the hands of my employer and felt secure with a retirement plan which would provide enough money for a comfortable lifestyle, recreation and travel. Suddenly I was out of work.
MIDDLE-AGED, OUT OF WORK, AND BROKE
My assets consisted of experience for which there were no jobs and a real estate license I'd picked up just for fun. The only employment I could find was as a residential real estate salesman. Although I'd owned real rental houses previously, I knew nothing about real estate or financing and had never earned a living as a salesman before. I had to start from scratch to learn the business.
In the real estate market that prevailed then, there were lots of buyers, but no sellers. I had to learn ways to prospect for cash sale listings because unmotivated sellers would settle for nothing less. That involved developing innovative ways to qualify buyers so they could obtain financing for their home purchases. In the process of creating down payments, I had to devise supplemental income credits, decorating and landscaping allowances. In the process I discovered ways to use virtually anything they owned in trade as down payments to reduce the amount they had to borrow, and along with it, their monthly payments.
LEARNING HOW TO BUY AND SELL HOUSES FROM SCRATCH
Suddenly, just when I was beginning to learn how to make money in a competitive selling market, the economy flip flopped. The buyers all disappeared and the phones stopped ringing. In order to earn a living, I had to come up with creative ways to locate buyers for all the properties that eager sellers wanted to list with me. Even when I found a buyer, interest rates on mortgage money was often too expensive for them to be able to afford the purchase. Necessity forced me to innovate. I learned ways to "create paper" with which to close a deal. Leases and Options became basic building blocks for making deals. So did contracts.
BREAKTHROUGH! BUYING AND SELLING FOR MYSELF!
One day it occurred to me that rather than properties per se, what I was really selling were my negotiating and deal-making skills. Instead of listing properties for sale, I began focusing my efforts on increasing my income. I started by buying Options on houses, then "flipping my Options, selling them either for cash or terms depending upon the deal. When I controlled the property, I could make more sophisticated transactions. But this required me to develop better negotiating skills and closing techniques. In the process, I had to learn the ways that taxes affected a sale from both the buyer's and seller's points of view.
Some of the most powerful techniques I learned were based upon tax free exchanges and gifts. These benefited both buyer and seller at the expense of the tax collector. And I found ways to structure complex transactions which solved financial and tax problems for both buyers and sellers in order to earn bigger profits; far greater than might have been made simply earning commissions or merely "flipping options".
RETIREMENT AFTER ONLY 5 YEARS!
Finally things began to click. During one 153 week period, I closed one or more deals each week in the capacity of broker, buyer, seller, or Optionee. At the age of 45, a short five years after I first started selling real estate, I was able to close my office and retire to the good life with my wife, touring the country in my motorhome and traveling in Europe and Asia. Why am I telling you all this? Because the time is as ripe as I've seen it in almost 20 years for you to do it too. I'll even tell you how to do it. Read on . . .
You can only look at so many sunsets, catch so many fish, or play so many rounds of golf before retirement gets to be a job. As a bored retiree, I started making the rounds of community social clubs as a luncheon speaker telling others about my experiences. From this sprang the first seminar in the world oriented toward the single family house as an investment vehicle. For the person who wants to build wealth starting with little or nothing, the single family house still offers more possibilities than any other type of investment. But there's a catch: You've got to have an intense desire to be rich, and be willing to work hard to learn as many real estate insiders' fortune-building secrets as you can. I'll share these with you.
BIRTH OF A NATIONAL NEWSLETTER
I started as a speaker, then as a seminar educator of thousands of people, many of whom went on to start their own seminars. In 1978, I wrote the first issue of The Commonwealth Letters, the first ever monthly newsletter devoted to single family house investors. My objective was to provide readers with insights on how to achieve financial security over and above that provided by their career, regardless how successful. Since then, I've been able to help readers to consistently make money more than any other publication.
IT'S TIME TO MAKE A DECISION FOR YOUR FINANCIAL FUTURE
If you aren't 100% certain of your future financial security, it's time for you to make the decision to become financially independent. This will be an easy decision! Either you're happy with your lot in life or you're not! Either you've already provided for your family's financial security or you're willing to bet their lifestyle on your employer or the government. It's up to you to take action now before time passes you by.
Wouldn't you really rather control your financial future yourself? You can, as an entrepreneur in real estate. Thousands have done it before you starting with little cash or know-how. They didn't have the advantage of being coached by someone who's been where you are now, and gone where you want to go; someone who can make it happen a lot faster than you think possible if you take his advice. It's your choice...
BAWB is proud to co-sponsor a BRAND NEW Jack Miller / John Schaub Money Making Seminar.
"Making Mega Profits in the Sub Prime Meltdown!"
The next wave of fortunes will soon be created in the greatest discount buying opportunities seen in years! Learn how to Cash-In on the Buying bonanza that lies ahead.
This is a No Fluff, Real World Educational Event from (2) two of the so called "Florida Fab Four" Millionaire Makers; Jack Miller and John Schaub. Join Jack and John in San Francisco and learn from two guys who have seen these markets before and know how to profit from them. They have been teaching how to make money with houses longer than anyone in the business and now they can teach you.
WHEN: Saturday & Sunday August 25th & 26th 2007
WHERE: South San Francisco Airport Conference Center
275 South Airport Blvd., South San Francisco, CA 94080
COST: $500.00 per person or if two (2) register together then $400.00 per person.
For more information, please click here
Topic: Which Entity is Best for you?
Speaker: Garrett Sutton, ESQ
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About Garret Sutton:
Garrett Sutton, Esq., is the bestselling author of Own Your Own Corporation, Real Estate Advantages, The ABC's of Getting Out of Debt, The ABC's of Writing Winning Business Plans and How to Buy and Sell a Business in Robert Kiyosaki's Rich Dad's Advisors series. Garret has over twenty-five years experience in assisting individuals and business to determine their appropriate corporate structure, limit their liability, protect their assets and advance their financial, personal and credit success goals.
Asset & Business Protection
The Need for Asset Protection: Every three seconds another American is sued. We live in the most litigious society on earth. Many claims are frivolous and without merit, brought only to harass and squeeze settlement dollars out of an innocent party. In this environment it is prudent to protect your assets ahead of time. Once you have been sued the courts disapprove of moving or protecting assets. With the proper asset protection planning you can shield your valuable business, real estate and investment assets from claims brought against you as an individual.
In this presentation you will learn how to protect yourself through the strategy of asset protection. Asset protection involves utilizing limited liability entities, such as corporations, LLCs and LPs, as well as certain trusts to minimize your personal exposure. As John D. Rockefeller said: "Own nothing and control everything." When a plaintiff's attorney is looking for people to sue you want your profile to be low. If during an asset search your name does not show up as an owner, but you control your assets through a mix of limited liability entities and trusts with privacy protections, you will gain protection.
The Right (and Wrong) Way to Protect Assets: There is a misperception that asset protection is only for the very rich. This is not true. Almost all asset protection strategies are very affordable to implement, especially when compared with the potential loss of a lifetime's worth wealth building. The problem arises when you implement a "poor man's asset protection" strategy. Using the right mix of entities is an important asset protection tool. In some cases a series of both Nevada and Wyoming entities (LLCs, LPs and Corporations) can be used to implement an effective asset protection strategy. However, there is no one size fits all approach that works. You will learn that not every entity is appropriate for every situation. Deciding when and how to use a C corporation, S corporation, limited liability company or limited partnership, or a combination thereof, is an important consideration. Knowing how these entities can strategically work together to protect your assets, as well as how to maintain the limited liability protections, is also very important
The best way to approach asset protection is to do it early (before you are aware of a lawsuit or get involved in any business or investing activity) and do it right.
Garrett Sutton, attorney, best-selling author and Robert Kiyosaki's corporate advisor in the Rich Dad/Poor Dad series, is the founder of the Sutton Law Center. The firm assists individuals and businesses from around the world with asset protection, estate planning, trademark and corporate strategies. Sutton Law Center PC's attorneys provide the legal and planning opportunities for personal, business and real estate wealth building.
Thursday January 18, 2007
Topic: Options
Speaker:
Author, Investor, Exchange Expert; Jack Shea
Jack is an engineering graduate of University of Illinois and has done post-graduate studies in business and marketing. He has taught courses to MBA students, investors, CPAs and attorneys. He buys, sells, and finances houses and also operates a national 1031 Exchange Facilitator business. He deals in discounted paper and specializes and teaches Land Trust privacy strategies and ways to use them with Creative Options. He'll show you how to use Option techniques to catapult NET worth and legally take tax benefits and 1031 tax free exchange properties without ownership.
OPTIONS
Options are on of the most powerful tool for investors. Coupled with leases, options present the opportunity to control property with the little risk and with the least in investment. In these uncertain market times; down, level or up, options are available and are the best investment strategy for many reasons. Investors and exchangors typically buy property during all phases. If market prices decline, investors in options can elect not to close. Owners can elect to lower the price to current market, or investors can elect to move on to another opportunity.
In most areas of the country property sellers are becoming more agreeable and receptive to Options and Lease Purchase offers. Slow sales and large unsold property inventories are forcing sellers to consider terms that were not available in the past several years. Options have often been referred to as a financing devise in disguise.
Join us this month to listen and learn from this very experience investor not solely about options but also about how they can be implemented with Land Trust, management, 1031 tax deferred property exchanges, and other unique applications.
Upcoming Jack Shea Full Day Workshop
Saturday January 20th, 2007 - Clarion SFO Hotel
All you need to know about how to CONTROL, buy, sell, finance, option, and lease, along with complete privacy…and more.
Don't miss this wonderful opportunity to attend Jack Shea's:
Secrets of Lease Option Profits Workshop
For more information on the workshop, a workshop brochure & registration form click here.
"Creating Tremendous Real Estate Opportunities Through Tenancy In Common Transactions"
All sorts of BIG money is being made by converting properties in San Francisco and elsewhere (even internationally) to condo use or TIC's - Tenancy in Common use. The path to achieve this can be tricky and filled with mine fields of crazy bureaucratic requirements, paperwork, and expertise required. We are very fortunate to have one of the areas extremely well regarded TIC specialists and attorney visit with us this month; Andy Sirkin - www.andysirkin.com
Do not miss this opportunity to learn from Andy as he covers some of the following and more!
Who is Andy Sirkin:
D. Andrew Sirkin's law practice is devoted exclusively to real estate co-ownership and subdivision matters including transaction planning, offering materials, co-ownership agreements and CC&Rs, entity formations, regulatory approvals, fractional lending and mediation. He has been a
pioneer in the area of real estate co-ownership involving shared use of the co-owned property, such as group ownership and occupancy of apartment buildings of which condominium conversion is restricted or prohibited, vacation home sharing, and equity sharing between investors and home owner/occupants, and this is the work for which he is best known. He has prepared co-ownership agreements for over 4000 clients.
Mr. Sirkin received his law degree Magna Cum Laude from Boston College in 1984, where he was an editor of Boston College Law Review and admitted to Order of the Coif. He was admitted to the California Bar in 1984 and has practiced in San Francisco ever since. He has restricted his practice to real estate co-ownership and subdivision matters since 1986, and currently practices with the firm of Sirkin Paul Associates, with offices in San Francisco and Paris. In addition to his work on projects in the San Francisco Bay Area and Paris, he has recently advised clients and prepared documents regarding projects throughout California and the United States, as well as Argentina, France, Italy, Mexico, and Belize.
Mr. Sirkin brings extensive personal real estate development and brokerage experience to his law practice. In addition to advising clients including buyers, sellers, developers, syndicators, real estate brokerages, other attorneys including District Attorneys, and governmental agencies, Mr. Sirkin has personally developed 34 residential and mixed-use projects in the Bay Area and France, and operated and managed real estate brokerage, syndication, property management and construction companies.
Mr. Sirkin is an accredited instructor with the California Department of Real Estate, and frequently conducts co-ownership workshops for attorneys, real estate agents, corporations, and prospective home buyers. A vocal advocate for creation of affordable home ownership opportunities, Mr. Sirkin has made numerous appearances on San Francisco Bay Area television and radio, and addressed the Commonwealth Club of California. His first book, The Equity Sharing Manual, was published by John Wiley and Sons in November 1994, and his most recent book, The Condominium Bluebook, was published by Piedmont Press in January 2005.
Speaker: Hubert Bromma, Founder and CEO of the Entrust Group
Real Estate IRAs and 401(k)s: What you need to know in 2007 for your tax deferred investing
Real Estate IRAs and 401(k)s in a Changing Market:
The Future Potential In Changing Markets
What will be covered in session
The session will cover the advantages of purchasing real estate in down markets, as well as creating notes using your IRAs. The concept of Fair Market value as related to Real Estate IRAs and conversion of assets to Roth IRAs. The tax law changes of 2010 for traditional and 401(k) conversions and the positive impact on real estate and note investors will be discussed. How Single member Individual 401(k)s fit into the tax planning and real estate and note investing will reviewed. The "check book" IRA, Real Estate Investing and the impressions of that from the IRS will be discussed on the basis of discussions with the IRS.
Plan on being with us and don't miss this informative meeting!
Please read Hugh Bromma's bio here.
Thursday April 19th 2007
Speaker: Master Dealmaker; Peter Fortunato
TOPIC:
Good Deals are not found…Opportunities are located or locate you….Then good deals (Transactions) are constructed…
"That won't work here…" or "That can't be done here…"
Often we hear this statement from folks who live and invest in California. However there are certain fundamental negotiating and investment techniques that are universal regardless of your location.
This month's featured speaker is Peter Fortunato. Nationally known as an expert in using Real Estate creatively coupled with "paper" to formulate profitable Real Estate Transactions for the buyer, seller, and investor.
Learn how to create Transactions, Income and Wealth.
Discover negotiating techniques and paperwork which make the numbers work and allow for deals to happen.
Visit with us and learn from one of the Masters on how to "Construct" Deals. Hear Pete's clear, patient explanations, and practical insights. You Do NOT want to miss this month's meeting, plan on being with us!
REGISTER TODAY for the BAWB sponsored Upcoming
FULL DAY WORKSHOP - Saturday April 21st 2007
At the Hyatt Regency SFO
"Creative Financing Techniques & Transaction Solutions for Distress Times"
Join the "Master dealmaker" himself; Peter Fortunato along with Michael Morrongiello who will cover a variety of ways to survive and prosper in a down market. For more information on this fabulous workshop event please click here.
Building a successful real estate and loan portfolio
Speaker: Author, Investor, Educator; Lisa Moren Bromma
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ABOUT LISA MOREN BROMMA
Lisa has been a real estate investor since 1978, a note investor since 1988, and a well known marketing expert. She has consulted for some of the nation's top financial services industries in the private mortgage, business loans, and Individual Retirement Plans.
Lisa has taught over 1,000 workshops and seminars devoted to real estate investing, marketing and business forums.
She is a professional member of the National Speaker's Association and sits on the board of the National Real Estate Investor's Association.
She is the president of The Entrust Group, the nation's largest network of third party administrators. Entrust provides record keeping services for individuals who wish to truly self-direct their retirement plans to buy real estate or any alternative investment allowable by the IRS.
Lisa's recently published book by McGraw Hill titled "Real Estate Investing for The Utterly Confused" has motivated new investors with factual information told in her humorous and easy going manner.
Her new book, "Wise Women Invest in Real Estate…achieve financial independence and live the lifestyle of your dreams" is available in paperback.
Her topic, Building a successful real estate and loan portfolio will assist any investor, no matter what level of experience they have in real estate or notes, increase their knowledge and take home valuable information and techniques to build wealth.
Speaker: Author, Investor, Educator, Bruce Norris
Topic: "The California Crash"
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About Bruce:
Bruce Norris is an active investor, hard money lender, and real estate educator extraordinaire with over 25 years experience. Bruce has been involved in over 2,000 real estate transactions as a buyer, seller and money partner. Renowned for his ability to forecast real estate market trends and timing, the release of The California Comeback in 1997 gained him much notoriety and its accuracy of the extensive report led many California investors to financial freedom. His latest release, The California Crash is an in-depth look into the coming California market correction and the statistics behind Bruce's predictions.
Bruce speaks often at investment clubs throughout Southern and Northern California and has also been a guest speaker at the Learning Annex, Real Wealth Expo, Foreclosures.com and several other national investment clubs and investor events. He has contributed articles to many real estate magazines and newsletters including Creative Real Estate Magazine, AOA Magazine, and the Daily Commerce. He has also been featured in The Wall Street Journal, The New York Times, Fortune, Money Magazine, The Orange County Register, and many others.
Bruce is currently on the Board of Advisors at Chapman University's Roger C. Hobbs Institute for Real Estate, Law and Environmental Studies.
"California Only - Investor Essentials" - Bruce Norris Full Day Workshop Event - Saturday June 23rd, 2007
Get yourself ready to profit from this current "Golden State" Real Estate market correction. Learn the savvy tricks and tips from an experienced long time extremely successful California investor. BAWB is proud to sponsor an information packed Full Day Workshop event on Saturday June 23rd, 2007 at the South San Francisco Airport Conference Center with Bruce Norris titled; California Only - Investor Essentials - the cost is only $97.00 and it includes a valuable 200+ page workbook + audio CD's.
For a detailed course outline, and to register for this workshop, please click here.
Saturday January 20st, 2007 – Clarion SFO Hotel
All you need to know about how to CONTROL, buy, sell, finance, option, and lease, along with complete privacy…and more.
Don’t miss this wonderful opportunity to attend Jack Shea’s:
Secrets of Lease Option Profits Workshop
Jack Shea, an experienced long time investor co-authored with attorney Mark Warda this wonderful instructional manual on Lease Options which covers a wide variety of practical uses for the savvy Real Estate investor.
The revised 175+ page manual which is included with your registration contains hard copy sample option agreements, examples of how to combine an option with a lease, the lease purchase, the lease option, various sample leases, along with Jack's infamous "contract for option" agreement and other useful Real Estate forms. A CD with the forms outlined in the manual is also included, and much more.
We invite you to invite and bring your Realtor, Attorney or CPA to this workshop as well as this course has been taught in the past where 8 hours of CED- continuing education credits are given to Realtors, Attorneys, CFP’s, and CPA’s. The workshop is “hands on”, filled with practical tips, tricks, and traps, derived from Jack's years of "in the trenches" experience.
For more information and a workshop registration form, click here.
FULL DAY Saturday, April 21 2007 at the Hyatt Regency SFO
DON'T WAIT - REGISTER TODAY for this quality workshop event
"Creative Financing & Alternative Transaction Solutions for Distress Times"
Featuring the Master "Dealmaker" himself Peter Fortunato and Michael Morrongiello
Jack Miller has said; "In times of change, the learners are the winners…"
You must learn how to adapt to changes and transition in the marketplace. The PARTY IS OVER! , Skill sets are the KEY to getting into and staying in the game.
Visit with us and learn how to survive and prosper in a down market…. Learn how to create Transactions, Income, and Wealth.
For more information on this workshop, a workshop brochure, and registration form, please click here
Upcoming Workshop in June
"California Only - Investor Essentials" - Bruce Norris Full Day Workshop Event - Saturday June 23rd, 2007
Get yourself ready to profit from this current "Golden State" Real Estate market correction. Learn the savvy tricks and tips from an experienced long time extremely successful California investor. BAWB is proud to sponsor an information packed Full Day Workshop event on Saturday June 23rd, 2007 at the South San Francisco Airport Conference Center with Bruce Norris titled; California Only - Investor Essentials - the cost is only $97.00 and it includes a valuable 200+ page workbook + audio CD's.
For a detailed course outline, and to register for this workshop, please click here.
August Workshop
BAWB is proud to co-sponsor a BRAND NEW Jack Miller / John Schaub Money Making Seminar.
"Making Mega Profits in the Sub Prime Meltdown!"
The next wave of fortunes will soon be created in the greatest discount buying opportunities seen in years! Learn how to Cash-In on the Buying bonanza that lies ahead.
This is a No Fluff, Real World Educational Event from (2) two of the so called "Florida Fab Four" Millionaire Makers; Jack Miller and John Schaub. Join Jack and John in San Francisco and learn from two guys who have seen these markets before and know how to profit from them. They have been teaching how to make money with houses longer than anyone in the business and now they can teach you.
WHEN: Saturday & Sunday August 25th & 26th 2007
WHERE: South San Francisco Airport Conference Center
275 South Airport Blvd., South San Francisco, CA 94080
COST: $500.00 per person or if two (2) register together then $400.00 per person.
PLUS - for only $129.00 we have an extraordinary Special One Day Event you simply do not want to miss!
From the Desk of Jack Miller
All of us who make a living buying, fixing, selling, and renting houses face an uncertain future that none of us can truly predict. If prices continue to stabilize, or to fall, should we be buying or selling?
Will mortgage money be available for us to use when buying, or to fund buyers we might sell to? Will we be able to refinance short term loans, or to afford adjustable rate mortgages if interest rates continue to rise?
Will the market be glutted with foreclosed houses that could be bought for pennies on the dollar, reducing the value of our houses? If we have a period of inflation, will rents rise enough so that we can afford rising operating costs, taxes, and insurance?
Nobody really knows the answer. We can only guess! More than thirty years ago, John Schaub and I were the originators of the concept that single family homes could be bought and held as rentals. We were lucky. Just as we began teaching, we began to experience the highest rate of inflation in recent history, and those who followed out advice reaped millions of dollars of profit.
As time went on, we went our separate ways, but continued to buy houses. The years have been good to us, and we've had a lot of success, but now, we're at opposite ends of the seesaw. I'm of another generation than John. My concern is that I'll lose much of what I've accumulated, so I think it's time for me to take most of my chips off the table by selling my houses and to hunker down until the financial picture becomes clear. I expect to buy back in with the cash I've accumulated.
On the other hand, John sees the near future as a time to accumulate houses at good prices from people like me who are selling out. He sees rents rising as those who lose their houses to foreclosure rush back into the rental market in search of good homes, for which they will be willing to pay top rents.
Only time will tell which of us is right; but we thought you should get the benefit of our opposing points of view; hence, the Miller/Schaub seminar was held last year in Tampa, FL which we call "Making Good Deals in Bad Times"
The Miller/Schaub teaching team has never been surpassed, and this event should be no exception; but to add interest, we'll be proposing different strategies. Those who attend can't fail to benefit from hearing two guys who have almost 66+ years of combined experience in good times and bad; and who expect to continue to make money in the future. This is a unique event, which won't be repeated. Enhance your prospects for success and make a decision now to attend this one-of-a-kind special seminar.
PLUS - for only $129.00 we have an extraordinary Special One Day Event you simply do not want to miss!
Jack Miller & John Schaub's;
Problems & Solutions Q & A Help Day Workshop
Friday August 24th, 2007 - 9 Am to 5 Pm
Your chance to bring your questions and situations, and Jack and John will spend the entire day providing you with their innovative strategies and solutions. This is a rare opportunity to spend a FULL DAY with two guys who have been there, done that, and seen it all with their 66+ years of combined experience.
FREE WELCOME RECEPTION COCKTAIL PARTY - On Friday after the Q & A help day workshop. - Sponsored by Entrust Administration
Being able to listen and learn from Jack & John as their share their expertise, wisdom, interaction, and banter- plus the fabulous Friday evening Welcome Reception alone is worth the price of admission.
You can attend just the Friday Q & A Workshop for $129.00 - However if you also Attend the (2) two day event, then this special Q & A workshop is only $99.00!
Special Workshop Pre-Registration Bonus Package
If you Pre-Register by August 1st, 2007 you will receive this valuable $200.00+ Pre-Registration Bonus Package;
This FREE Bonus Package is available only to you but you must Pre-Register for the event by 8-1-2007. Don't delay - Register Today.
For more information, a workshop brochure, and a registration form for the very Special Friday Q & A Problems and Solutions Help Day, or the Saturday & Sunday Workshop event please click here.
Dwan & Bill Twyford's follow up
FULL DAY WORKSHOP
Short Sales in the Changing Market & Learn to Negotiate Like a Pro
Saturday October 20th 2007
South San Francisco Airport Conference Center
9:00 Am to 5:00 Pm - registration begins 8:00 Am
Dwan & Bill are to going to share an amazing Saturday with you. They specialize in every aspect of investing from finding deals to short sales to bankruptcy to rehabbing to super negotiating, all with great success. They believe if you have the right scripts and use the right tools you'll be successful in this exciting business. Don't miss the chance to spend an entire day with this exciting couple.
For more information about the workshop, a printable workshop flyer, and registration form please click here.
Meetings in 2006:
Thursday January 19th, 2005
The Real Estate Bubble: Is it a Time Bomb or Dud?
CALIFORNIA: With Golden State housing prices in a near vertical rate of climb (a 70%+ rise in last three years), some experts warn that the market could be in for a reality check. With the median priced home now at all time highs – home affordability indexes are now flashing danger signals.
WHO SHOULD ATTEND?
Any man or woman who is thinking about buying – or selling – a house in California. Anyone who wants to know if is better to be a buyer or seller at these price levels. Anyone who wants to know what Robert Campbell’s key market-timing indicators are now signaling for real estate prices.
YOUR SPEAKER
Robert M. Campbell – (1) author of Timing the Real Estate Market and (2) publisher of the only market-timing advisory for real estate investors – will be our featured speaker (read his Bio below)
WHEN YOU COME TO OUR MEETING January 19th, 2005 WHAT YOU WILL LEARN:
What direction will California housing prices head in the next 3-5 years. You'll learn the good, the bad, and the ugly.
Start out the New Year Informed– Plan on being with us Thursday January 19th, 2005
![]() | Copies of Robert’s fabulous book; “Timing the Real Estate Market” will be available for purchase at the meeting. |
About Robert M. Campbell
Robert Campbell is a real estate advisor and author. His book Timing the Real Estate Market presents what Robert calls; “The Campbell Method”, which successfully employs five key trend indicators to signal the coming peaks and valleys of real estate cycles.
Robert has been living and breathing real estate from the time he learned how to walk. The son of a successful San Diego homebuilder, he started investing in real estate at age 24, borrowing $14,000 from his parents for the down payment on a 6-unit apartment house. After doing some cosmetic repairs and raising the rents, he sold the property for an $11,000 profit one year later. He was hooked.
Since then, Robert Campbell has had a multifaceted 30-year real estate career that includes:
Based on the trend indicators presented in his book, Robert also publishes The Campbell Real Estate Timing Letter, which is a real estate timing advisory newsletter for Real Estate investors.
Robert Campbell earned a BA in Economics from the University of California at Los Angeles in 1969 and an M.B.A. in Real Estate Finance from San Diego State University in 1974.
Thursday, Febuary 16th, 2006
TOPIC: Build a Powerful Financial Future with Real Estate
SPEAKER: Adiel Gorel
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Mr. Gorel formed (1983) International Capital Group (ICG), a Marin County, CA based real estate investment company that assists investors worldwide in purchasing U.S properties and provides full service including lending and property management.
As CEO of ICG MR. GOREL has purchased over 4,000 properties in cities including Phoenix, Las Vegas, Jacksonville, Orlando, Tampa, Dallas, Houston, San Antonio, Austin, Oklahoma City, Salt Lake City, and many others and has also formed a variety of apartment-complex and development syndications throughout the Sunbelt.
ADIEL GOREL gives lectures world-wide on U.S real estate investing and has published two books on the subject; “Remote-Controlled Real Estate Riches—The Busy Person’s Guide to Real Estate Investing” (Progress Press) and “Discovering Real Estate in America” (Turquoise Press). MR. GOREL has been profiled on NBC, ABC, the San Francisco Examiner, Fortune Magazine and numerous radio shows. He is a highly rated speaker. His professional experience also includes management and director positions in Corporations including Hewlett-Packard and bio tech firms such as Marlstone, Lifecare, and Lifewave.
MR. GOREL holds a BSEE from McGill University, graduating first in his class and an MSEE from Stanford University graduating with a 4.0 GPA.
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BUILD A POWERFUL FINANCIAL FUTURE WITH REAL ESTATE |
Adiel Gorel will be covering the following topics:
DON’T MISS THIS INCREDIBLY INFORMATIVE BAWB SPONSORED LECTURE!!!!
BAWB Meeting Thursday March 16th 2006
TWO PART PROGRAM with Peter Fortunato and Warren Racine
Part One:
ONE STEP BEYOND…
Features the master "dealmaker" himself Peter Fortunato. Nationally known as an expert in using Real Estate creatively coupled with "paper" to formulate profitable Real Estate Transactions for the buyer, seller, and investor.
Learn how to create Transactions, Income and Wealth.
Discover negotiating techniques and paperwork which make the numbers work and allow for deals to happen.
Visit with us and learn from one of the Masters on how to "Construct" Deals. Hear Pete's clear, patient explanations, and practical insights. You Do NOT want to miss this month's meeting, plan on being with us!
Pete will also be conducting on Saturday & Sunday March 18th & 19th his powerful two day workshop class:
ONE STEP BEYOND
Two Full days of quality no fluff instruction, education, real world case studies, the forms used to create results, Pete's patient explanations, and discussion by the master "dealmaker" himself.
Special Price for BAWB attendees - $350.00 per person- only if pre-registered using our workshop registration form.
Given the short time until this event and the fact that this class is being marketed nationally you would be well advised to register as soon as possible.
This may be the first and only time this class will be held on the West Coast!
Don't miss this incredible workshop event & decide to wait again for it to come around- REGISTER TODAY!
For more information on Peter Fortunato's ONE STEP BEYOND workshop and a workshop registration form please click here.
Part Two of the March Meeting:
California Foreclosures; The Good, the Bad, & the Fantastic!
Speaker: Author, Investor, Instructor and California foreclosure expert:
Warren Racine
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Warren Racine, holds a Master's degree in Structural Engineering and a Master of Business Administration, has been a licensed California Real Estate Broker since 1972.
He is an investor in foreclosures and a mentor to those who buy distressed properties at a discount, repair the properties, and sell them for profit.
He has taught more than 10,000 students since 1974 and continues to teach, invest, and write weekly articles about foreclosures for The Daily Journal in Los Angeles that owns eleven subsidiary newspapers throughout the western United States.
At this meeting you will learn:
More information about Warren Racine is available on-line at www.discoverforeclosures.com
BAWB Meeting Thursday April 20th, 2006
Guest Speaker: Richard Desich
Self-Directed IRAs for the Real Estate Investor:
Your Knowledge + Your Expertise = Your Profits… Earned Tax Free with the use of government sponsored retirement plans.
One of the greatest (and least known) tools available to real estate investors are government sponsored retirement plans. Most real estate investors believe that their only IRA investment options are bank CDs or the stock market. Very few realize that they have the option to truly self direct their IRAs in areas where they have knowledge and expertise such as real estate.
Topics to be discussed in the presentation include:
About our Speaker- Who is Richard Desich?
Richard Desich
As a Vice President of Equity Trust Company, Richard Desich Jr. is a nationally recognized, pre-eminent authority on non-traditional investing in IRAs and qualified plans. An experienced real estate investor, Rich holds Series 7, 24, 55 and 63 licenses with the NASD. A graduate of Ohio State University, he joined Equity Trust in 1998, and now travels throughout the country educating numerous investor associations and groups each year on the advantages of self-directed real estate IRAs. Rich has been quoted in prestigious financial publications including the Wall Street Journal and Investor's Business Daily, and investors of all levels and experience benefit from his expertise.
About Equity Trust Company
With more than 32 years experience, Equity Trust Company is a leading custodial provider of self-directed IRAs and small business retirement plans. Clients benefit from our extensive expertise, dedication and customer-focused support in providing truly self-directed IRAs, and our clients increase financial wealth by investing in variety of opportunities from real estate and private placements to stocks and bonds. Equity Trust Company manages more than 30,000 accounts for clients in all 50 states.
Articles for your review (click on the article):
Investors Put Pension Money into Real Estate
BAWB Meeting Thursday May 18th 2006
Winning on your Taxes with the IRS for Real Estate Investors
Speaker: Investor, Author, Attorney, Accountant John Hyre
Learn How To Legally and Ethically Hammer the IRS!
Taxes are probably your #1 expense. I'd like to help you change that. As a tax attorney, accountant and real estate investor, I'm well equipped to do just that. On Thursday May 18th, I will cover the basics of how to legally and ethically lower your taxes. I will speak for approximately 1.5 hours on how I do it for my clients - ALL of whom are real estate investors. The speech will be full of substance, not sales hype. You will learn what the IRS is good at, what it's not good at, and how to take advantage of both situations. You will learn how to squeeze the most out of depreciation, which entities are best for you and how to get the deductions you deserve. You will learn about IRS penalties - and how to avoid them. I will also teach you how to prepare for an audit and why it's not something to be afraid of.
With your indulgence, I will take just 10 minutes of the presentation to tell you why my course, The Real Estate Investors KISS Guide to Bookkeeping will save you far more than its cost. That's it. Ten minutes of crass marketing and ninety minutes of dead-on substance. You can't help but make money by showing up!
Who is John Hyre?
John Hyre - Real Estate Tax Consultant
My name is John Hyre. I am an attorney, accountant and real estate investor. All of my clients are real estate investors. Prior to venturing out on my own, I worked for two of the Big Five accounting firms and for several Fortune 500 companies. I saved my clients millions of dollars in taxes annually. But working for the man got old- so now I'm here to save RE investors big bucks...and invest my earnings in more RE of my own.
My advice and research are thoroughly focused on real estate. I've heard most of the questions and researched most of the answers....and constantly work to stay on top of RE tax issues. That means that I can normally answer questions quickly, aggressively and ethically. Few generalists can compete with a focused specialist. Would you go to the family doctor for heart surgery? Of course not! So why use a jack of all trades (master of none) for your real estate business?
I have a JD. Unlike many accountants, I actually read the law, not just someone else's opinion of the law. I interpret that law aggressively whenever ethically possible. I LIKE gray law, unlike many accountants who just want a black and white box to fill in. I respect the IRS' power, but do not fear it.
I am also an accountant. So unlike many attorneys, my understanding of numbers goes beyond entering the fees on your billing invoice. I understand proper bookkeeping - without which, the most expensive tax planning is absolutely worthless. I also understand (and perform) tax compliance- and give tax planning advice that reflects compliance ins and outs.
I invest in real estate. I DO deal with tenants, buyers, contractors (ugh!), suppliers, title companies and other investors, to name a few. I needn't bill you to learn OUR business. My clients and I sometimes "talk shop" and learn more than just taxes from each other. In short, I have "a dog in the fight".
My firm provides tax services, including bookkeeping, return preparation, audit representation and planning advice to real estate investors in all 50 states. To learn more, please visit us at www.realestatetaxlaw.com and to click on the links below to read some of my articles;
Primary Asset Protection Against Lawsuits
BAWB Meeting Thursday June 15th 2006
Speaker: The Legal Wiz - William "Bill" Bronchick
Who is the Legal Wiz?
William Bronchick, CEO of Legalwiz Publications, is a Nationally-known attorney, author, entrepreneur and speaker. Mr. Bronchick has been practicing law and real estate since 1990, having been involved in over 800 transactions. He has trained countless people all over the Country to become financially successful. His best-selling book, "Flipping Properties", was named one of the ten best real estate books of the year by the Chicago Tribune.
William Bronchick is also the author of the highly acclaimed books, "Financing Secrets of a Millionaire Real Estate Investor" and "Wealth Protection Secrets of a Millionaire Real Estate Investor."
In the News
William Bronchick's articles appear in newspapers, magazines and journals worldwide. He has appeared as a guest on numerous radio and television talk shows, such as CNBC Power Lunch. He has been featured in countless publications, including:
William Bronchick has served as President of the Colorado Association of Real Estate Investors since 1996. He is admitted to practice law before the bars of New York and Colorado.
A BAWB sponsored FULL DAY Fabulous educational workshop with Bill Bronchick will be held on Saturday June 17th, 2006 at the Sheraton Gateway SFO airport hotel, 600 Airport Blvd, Burlingame, CA 94010.
For more information and to register for William Bronchick's seminar on Flipping Properties, please visit:
www.flipping-properties.com/seminar
BAWB Meeting Thursday July 20th 2006
Anatomy of Successful Fixer Projects in San Francisco
Speaker: Pete Brannigan, experienced agent with BJ Droubi & Company
SFFixers (www.sffixers.com) is San Francisco’s only direct marketing vehicle for buyers and sellers of deferred maintenance homes, probate properties, development properties, and buildable lots. Created by Pete Brannigan, SF Fixers has assisted in hundreds of fixer projects and sales since 1971.
About Pete Brannigan:
3rd Generation San Francisco native, Pete Brannigan has been buying, remodeling and working with fixers in San Francisco since 1971. As a San Francisco property owner for 30+ years and a very successful realtor for over 15 years, Pete has a first hand knowledge of San Francisco’s real estate market and all the changes real estate has gone through. With an eye for buildings with “potential” Pete constantly searches out the Fixers that are the raw material for a successful project. Knowledge plus experience and hard work is what Pete brings to each transaction. "I am a hard worker who really believes in-and delivers-personal service, integrity and a high level of knowledge and professionalism." In 1990 he joined BJ Droubi & Company where he has become one of the firm's hardest working and most successful sales associates. Pete was named a top producer in 2000, 2002 and the #1 Producer in 2003.
At this meeting you will learn:
It's Miller Time...and the "Big Kahuna" is back…
(Please read all the way down for info about the upcoming
do not miss Jack Miller & John Schaub Blockbuster Workshop Event)
Don't miss this once in a blue moon opportunity to spend an evening with the incomparable Jack Miller.
THERE IS A SECRET TO GETTING RICH...
Anyone can learn how to get rich, but there's a catch. You have to understand MONEY--Why people spend it? When? How. Where? For What? You have to understand how a little money, plus time, can create a fortune for anyone. Test yourself. Do you know someone who isn't particularly smart or talented or energetic who seems to have made a lot of money, or who owns a lot of property?
My name is Jack Miller. I've been a successful investor in single family houses for 45 years. I've bought, sold, leased, managed, built, exchanged, financed and owned several hundred properties. Real estate is the main source of both my income and accumulated assets, thus, I can speak from years of actual experience.
LET ME TELL YOU A LITTLE STORY...
Once upon a time I was 40 years old and out of work. I'd been an executive with a Fortune 500 company with specialized technical skills. Without warning, I suddenly became a casualty of a corporate downsizing. I had two teenagers at home and a mortgage. I'd placed my future into the hands of my employer and felt secure with a retirement plan which would provide enough money for a comfortable lifestyle, recreation and travel. Suddenly I was out of work.
MIDDLE-AGED, OUT OF WORK, AND BROKE
My assets consisted of experience for which there were no jobs and a real estate license I'd picked up just for fun. The only employment I could find was as a residential real estate salesman. Although I'd owned real rental houses previously, I knew nothing about real estate or financing and had never earned a living as a salesman before. I had to start from scratch to learn the business.
In the real estate market that prevailed then, there were lots of buyers, but no sellers. I had to learn ways to prospect for cash sale listings because unmotivated sellers would settle for nothing less. That involved developing innovative ways to qualify buyers so they could obtain financing for their home purchases. In the process of creating down payments, I had to devise supplemental income credits, decorating and landscaping allowances. In the process I discovered ways to use virtually anything they owned in trade as down payments to reduce the amount they had to borrow, and along with it, their monthly payments.
LEARNING HOW TO BUY AND SELL HOUSES FROM SCRATCH
Suddenly, just when I was beginning to learn how to make money in a competitive selling market, the economy flip flopped. The buyers all disappeared and the phones stopped ringing. In order to earn a living, I had to come up with creative ways to locate buyers for all the properties that eager sellers wanted to list with me. Even when I found a buyer, interest rates on mortgage money was often too expensive for them to be able to afford the purchase. Necessity forced me to innovate. I learned ways to "create paper" with which to close a deal. Leases and Options became basic building blocks for making deals. So did contracts.
BREAKTHROUGH! BUYING AND SELLING FOR MYSELF!
One day it occurred to me that rather than properties per se, what I was really selling were my negotiating and deal-making skills. Instead of listing properties for sale, I began focusing my efforts on increasing my income. I started by buying Options on houses, then "flipping my Options, selling them either for cash or terms depending upon the deal. When I controlled the property, I could make more sophisticated transactions. But this required me to develop better negotiating skills and closing techniques. In the process, I had to learn the ways that taxes affected a sale from both the buyer's and seller's points of view.
Some of the most powerful techniques I learned were based upon tax free exchanges and gifts. These benefited both buyer and seller at the expense of the tax collector. And I found ways to structure complex transactions which solved financial and tax problems for both buyers and sellers in order to earn bigger profits; far greater than might have been made simply earning commissions or merely "flipping options".
RETIREMENT AFTER ONLY 5 YEARS!
Finally things began to click. During one 153 week period, I closed one or more deals each week in the capacity of broker, buyer, seller, or Optionee. At the age of 45, a short five years after I first started selling real estate, I was able to close my office and retire to the good life with my wife, touring the country in my motorhome and traveling in Europe and Asia. Why am I telling you all this? Because the time is as ripe as I've seen it in almost 20 years for you to do it too. I'll even tell you how to do it. Read on . . .
You can only look at so many sunsets, catch so many fish, or play so many rounds of golf before retirement gets to be a job. As a bored retiree, I started making the rounds of community social clubs as a luncheon speaker telling others about my experiences. From this sprang the first seminar in the world oriented toward the single family house as an investment vehicle. For the person who wants to build wealth starting with little or nothing, the single family house still offers more possibilities than any other type of investment. But there's a catch: You've got to have an intense desire to be rich, and be willing to work hard to learn as many real estate insiders' fortune-building secrets as you can. I'll share these with you.
BIRTH OF A NATIONAL NEWSLETTER
I started as a speaker, then as a seminar educator of thousands of people, many of whom went on to start their own seminars. In 1978, I wrote the first issue of The Commonwealth Letters, the first ever monthly newsletter devoted to single family house investors. My objective was to provide readers with insights on how to achieve financial security over and above that provided by their career, regardless how successful. Since then, I've been able to help readers to consistently make money more than any other publication.
IT'S TIME TO MAKE A DECISION FOR YOUR FINANCIAL FUTURE
If you aren't 100% certain of your future financial security, it's time for you to make the decision to become financially independent. This will be an easy decision! Either you're happy with your lot in life or you're not! Either you've already provided for your family's financial security or you're willing to bet their lifestyle on your employer or the government. It's up to you to take action now before time passes you by.
Wouldn't you really rather control your financial future yourself? You can, as an entrepreneur in real estate. Thousands have done it before you starting with little cash or know-how. They didn't have the advantage of being coached by someone who's been where you are now, and gone where you want to go; someone who can make it happen a lot faster than you think possible if you take his advice. It's your choice...
BAWB is proud to co-sponsor a BRAND NEW Jack Miller / John Schaub Money Making Seminar.
"Making Mega Profits in the Sub Prime Meltdown!"
The next wave of fortunes will soon be created in the greatest discount buying opportunities seen in years! Learn how to Cash-In on the Buying bonanza that lies ahead.
This is a No Fluff, Real World Educational Event from (2) two of the so called "Florida Fab Four" Millionaire Makers; Jack Miller and John Schaub. Join Jack and John in San Francisco and learn from two guys who have seen these markets before and know how to profit from them. They have been teaching how to make money with houses longer than anyone in the business and now they can teach you.
WHEN: Saturday & Sunday August 25th & 26th 2007
WHERE: South San Francisco Airport Conference Center
275 South Airport Blvd., South San Francisco, CA 94080
COST: $500.00 per person or if two (2) register together then $400.00 per person.
For more information, please click here
BAWB Meeting Thursday September 21st 2006
Techniques to Help you Succeed
A (2) two part program with two dynamite speakers -
Author, investor, educator; Scott Britton discusses the art of mastering Short Sales…
And
Author, Investor, educator, Jeff Smith discusses why so called "Lazy Money" can hike your profit on each deal…..
Both of these seasoned investors / educators will present a BAWB sponsored Dynamite Dual (2) Two Full days Workshop on Saturday & Sunday, September 23rd & 24th at the Clarion SFO Hotel.
This is not a workshop event with a bunch of hype and fluff, just pure content. Don't miss this quality event and remember to pre-register for the FREE Bonuses.
For a workshop brochure and registration form please
click here.
About Scott Britton;
Scott Britton, author and publisher of the "University of Real Estate Letter" is an active, full time Investor who has been successfully buying, selling and investing in Single Family Houses and Mortgages since 1979. Beginners and seasoned pros alike have learned to trust and profit from Scott's down-to-earth, common sense investment advice. Scott is known for his clear thinking and straight-forward problem solving abilities. His strategies for generating cash and building wealth can help anyone accelerate their investment program while improving their lifestyle. Scott, along with his wife Cindy and their three children live and work out of their high-tech home office in historic Jackson, Mississippi, where Scott practices what he preaches on a daily basis. Visit www.Real-Estate-Investing-Resources.com for Scott's free list of resources for Real Estate Investors.
Scott Britton's "Mega-Profits with Short Sales"
No, this isn't just another "boxers-or-briefs" seminar. During this extraordinary (and rare) presentation, you will learn Scott's insider secrets to adding thousands of extra dollars to your bottom line by incorporating "Short Sales" into your buying business.
Scott has agreed to break down "Short Sales" to their simplest form so you will have a better understanding of why and how they work. Once you have this knowledge, Scott will show you how to develop an eye for "Short Sale" opportunities, plus give you the tools and strategies you need to capitalize on these opportunities the quickest and most efficient way.
Scott loves to interact with the audience and have a good time. But, don't expect him to pull any punches or dance around your questions. You will get his biased opinions and not the safe answer others rely on. If there is such a thing as educational entertainment, this is it.
Here is a partial list of items Scott has agreed to cover on "Short Sales":
Getting Scott to agree to present his techniques on Short Sales was no easy task. We had to muscle him a bit by reminding him of some incriminating pictures presently sealed in our safe deposit box. It's doubtful he'll do this again!
But, you decide if you can afford to miss this or not.
Who should attend Scott's presentation? Anybody who has an open mind and a desire to improve their lifestyle by working smarter, not harder. It doesn't matter if you are a new investor or a seasoned pro, if you have the desire to learn new money-making tricks, you should be in this room.
About Jeff Smith;
Jeff Smith is a Tampa-based real-estate entrepreneur, author and speaker. He manages a number of diversified real-estate ventures. He teaches "Fixers To Fortunes," his flagship seminar since 1998 that is considered the benchmark in how to rehab for maximum profits. He also teaches seminars on how to find, negotiate, buy, finance, market, wholesale and retail properties and is the author of "Real Estate Profit Line," a monthly newsletter.
'Finding Lazy (Cheap) Money'
Jeff Smith's complete workshop on how you can make $10,000 or more on each deal you do and have virtually unlimited private money!
We can't list all the dynamite stuff you will learn at this workshop. He says these 10 ought to be enough to convince you to come -
You will receive all the forms he uses on his deals with private lenders. You also will receive his "Lender's Financial Package," which includes an easy-to-complete financial overview. That gives potential lenders all they need to know in only five or six pages. It allows you to put your best side in front of your potential lenders.
You will not need to attend another boot camp to learn Jeff's secrets. The workbook for this workshop / seminar includes ALL of Jeff's materials on "Finding Cheap Money."
For a workshop brochure and registration form please
click here.
BAWB Meeting Thursday October 19th 2006
A Real Estate Investing Program that Provides Win-Win-Win
A Sustainable Wealth Generating Program for the Average Person
Speaker: Investor and Author, Andy Heller
Facing a volatile stock market, many people have turned to real estate as a way to invest their hard-earned money. While many investors opt to buy property and then sell it quickly, other investors choose to hold onto their property for a longer period of time to realize a greater return on their investment. Real estate experts Scott Frank and Andy Heller have developed a proven and diversified program for real estate investing that incorporates both approaches and enables investors to take control of their financial futures and build wealth over time.
Their book, Buy Low, Rent Smart, Sell High: Real Estate Investing for the Long Run (Dearborn Trade Publishing, October 2003), outlines a win-win-win program, one where average people can reap significant financial rewards by investing in real estate.
• Win One: Buying Low – The investors first win occurs by purchasing real estate at a 10-20 percent discount by seeking out motivated buyers and avoiding paying agent commissions. The book reveals the secret to buying foreclosed homes with clean titles from banks and mortgage companies.
• Win Two: Renting Smart – The property is rented through a lease/purchase agreement. Not only does the investor get a down payment from the lease/purchase, but he or she also receives monthly rent that usually exceeds the monthly mortgage payment. Also, the lease/purchase takes on the maintenance and repair responsibilities and tends to be a better tenant in return for their special lease/purchase terms. In addition, as the owner of the property, the investor is able to receive tax write-offs.
• Win Three: Selling High – The final win results when the lease/purchase exercises his or her right to purchase the property. The owner has realized the benefits of owning the property and has sold it to the lease/purchase without agent commissions. If the lease/purchase decides not to exercise his or right, the investor still wins because he or she can either extend the lease purchase agreement and increase the purchase price (based on property appreciation) or enter into another lease/purchase agreement with a new tenant and begin the cycle of wins all over.
“Buying low and selling high consistently is very difficult for most people in the stock market,” said author, Scott Frank. “But by using our proven methods to buy low and sell high plus rent smart in the residential real estate market, the average person can generate significant wealth over time.”
Buy Low, Rent Smart, Sell High contains an appendix complete with sample contracts and forms, plus a variety of adaptable marketing materials that will enable investors to jump-start their real estate investment businesses.
Over the past 20 years, Scott Frank and Andy Heller have bought, rented and/or sold approximately 100 residential properties valued at more than $10 million. They have done this while holding full-time jobs, and putting their families first. Frank and Heller are members of the Georgia Real Estate Investment Association.
Copies of their Book; Buy Low, Rent Smart, Sell High - will be available for purchase at the meeting
BAWB Meeting Thursday November 16th 2006
Don't miss this fabulous evening of quality education, instruction, and discussion
Speaker: Jeff Lerman, ESQ
Attorney and President-elect of the Marin County Bar Association www.realestateinvestorlaw.com
The first hour of his presentation will be 100% content.
However, the second hour of his presentation will be 100% informative Q&A with Jeff to address:
"WHAT IS YOUR SINGLE MOST IMPORTANT QUESTION ABOUT REAL ESTATE LAW?"
Jeff's expertise is in specifically representing real estate investors in real estate transactions and litigation. So, your questions could be about any topic in those areas including real estate contract questions, real estate disputes, family limited partnerships, land trusts, the so-called "privacy" afforded by Nevada entities, Delaware series LLCs, whether all those complicated, confusing, multi-layered, and expensive structures are really necessary to protect your assets, etc. - anything. Jeff will then take the most broadly applicable of those questions and then provide the answers. BUT, you need to get your questions e-mailed to him in advance. He's going to personally review and hand-pick the best questions for group discussion. If you don't submit your question in advance by e-mail, odds are Jeff won't have time to take it "live" during the seminar.
Jeff Lerman is known as "The Real Estate Investor's Lawyer". He is Managing Partner of Lerman Law Partners, LLP. His credentials include being co-chair of the State Bar Real Estate Litigation Section and co-chair of the Marin County Bar Association Real Estate Section. Jeff has been practicing law for 25 years and was formerly general counsel for two real estate companies. He has published articles nationwide and is a sought-after speaker.
Get those questions in ASAP - send to: [email protected]
Workshops in 2006:
Saturday January 21st, 2006 – Clarion SFO Hotel
All you need to know about how to buy, sell, finance, option, and lease, in complete privacy…and more.
Don’t miss this wonderful opportunity to attend Jack Shea’s:
Land Trusts for Privacy and Profit Full Day workshop.
Jack Shea, an experienced long time investor co-authored with attorney Mark Warda this wonderful instructional manual on Land Trust’s which covers a wide variety of practical uses for the savvy Real Estate investor. The 220+ page manual which is included with your registration contains hard copy land trust and other useful Real Estate forms, a CD with forms, Land Trust legal summary and statutes for all 50 states and much more.
We invite you to invite and bring your Realtor, Attorney or CPA to this workshop as well as this course has been taught in the past where 8 hours of CED- continuing education credits are given to Realtors, Attorneys, CFP’s, and CPA’s. The workshop is “hands on”, filled with practical tips, tricks, and traps, and you will actually create your own sample land trust from the instruction received during the day.
For more information and a workshop registration form, click here.
Saturday & Sunday March 18th & 19th San Francisco Airport Location
Peter Fortunato's ONE STEP BEYOND workshop event
Catch the master "dealmaker" himself; Peter Fortunato at this powerful workshop event
Don't miss what may be the first and only time this fabulous class is taught by Pete on the West coast.
The (2) two days is packed with quality no fluff education, an extensive handout workbook, Pete's patient explanations, the forms used to create results, and numerous case studies covered.
If you pre- register through BAWB - you will be able to attend for $350.00 per person
For more information on the workshop and a workshop registration form click here.
September 23 and 24: Dynamite Dual Workshop
Author, investor, educator; Scott Britton discusses the art of mastering Short Sales…
And
Author, Investor, educator, Jeff Smith discusses why so called "Lazy Money" can hike your profit on each deal…..
Both of these seasoned investors / educators will present a BAWB sponsored Dynamite Dual (2) Two Full days Workshop on Saturday & Sunday, September 23rd & 24th at the Clarion SFO Hotel.
This is not a workshop event with a bunch of hype and fluff, just pure content. Don't miss this quality event and remember to pre-register for the FREE Bonuses.
For a workshop brochure and registration form please
click here.
November 10th, 11th, & 12th
Author, investor, educator; Dyches Boddiford presents his
LLC, Limited Liability Company, Partnership, & Corporation Combo Workshop
Legal, Tax, & Investment Strategies that will teach you the Nuts & Bolts concepts as well as practical aspects of the LLC, S & C Corporations, as well as general and limited partnerships. This workshop class will provide you the information needed to not only setup but to properly run your LLC, Corporation, or partnership starting Monday morning!
For a workshop brochure and registration form
please click here.
Thursday December 21th, 2006
This is our final meeting of the year!
This is always judged by our attendees to be one of the BEST meetings we have all year. It's a great way to learn what others are doing, the genesis of their individual transactions, and more importantly where the profit centers are...you'll be amazed at how many different perspectives to doing a deal there are.
This also will be a great meeting to get to better know your fellow attendees. Come join us for a festive time of the year meeting that will feature some refreshments, wine, finger foods, and Holiday cheer in an open forum setting. You are invited to bring your spouse or a loved one for a night out and to better see what our meetings are all about.
Do you know of a BAWB member who did a Killer deal this past year?
Nominations are encouraged for our annual "BAWB 2005 Deal of the Year" awards.
Click here to obtain one of the nomination forms which can be sent in.
Each of the selected nominees will tell us their "deal story" which promises to be informative and fun. It's been an incredible year filled with change, tough lessons, and successes. We hope some of you will share a hard lesson or success from the past year.
Thursday January 20th, 2005
The Real Estate Bubble: Is it a Time Bomb or Dud?
CALIFORNIA: With Golden State housing prices in a near vertical rate of climb (a 70%+ rise in last three years), some experts warn that the market could be in for a reality check. With the median priced home now at all time highs – home affordability indexes are now flashing danger signals.
WHO SHOULD ATTEND?
Any man or woman who is thinking about buying – or selling – a house in California. Anyone who wants to know if is better to be a buyer or seller at these price levels. Anyone who wants to know what Robert Campbell’s key market-timing indicators are now signaling for real estate prices.
YOUR SPEAKER
Robert M. Campbell – (1) author of Timing the Real Estate Market and (2) publisher of the only market-timing advisory for real estate investors – will be our featured speaker (read his Bio below)
WHEN YOU COME TO OUR MEETING January 20th, 2005 WHAT YOU WILL LEARN:
Start out the New Year Informed– Plan on being with us Thursday January 20th, 2005
![]() | Copies of Robert’s fabulous book; “Timing the Real Estate Market” will be available for purchase at the meeting. |
About Robert M. Campbell
Robert Campbell is a real estate advisor and author. His book Timing the Real Estate Market presents what Robert calls; “The Campbell Method”, which successfully employs five key trend indicators to signal the coming peaks and valleys of real estate cycles.
Robert has been living and breathing real estate from the time he learned how to walk. The son of a successful San Diego homebuilder, he started investing in real estate at age 24, borrowing $14,000 from his parents for the down payment on a 6-unit apartment house. After doing some cosmetic repairs and raising the rents, he sold the property for an $11,000 profit one year later. He was hooked.
Since then, Robert Campbell has had a multifaceted 30-year real estate career that includes:
Based on the trend indicators presented in his book, Robert also publishes The Campbell Real Estate Timing Letter, which is a real estate timing advisory newsletter for Real Estate investors.
Robert Campbell earned a BA in Economics from the University of California at Los Angeles in 1969 and an M.B.A. in Real Estate Finance from San Diego State University in 1974.
Thursday February 17th, 2005
Speaker: Jay P. DeCima a/k/a “Fixer Jay”
Topic: Investing in small Mixed use and Multi Unit properties
About our Speaker:
Author of the fabulous “Making BIG Money Fixing Ugly Houses” book and “Trade Secrets” newsletter we distribute to all new BAWB members as part of their membership package Jay will discuss a topic he knows very well. How to invest in and make money with smaller mixed use and Multi unit rental investment properties.
Don’t miss this opportunity to listen and learn from this seasoned “Old Timer” and the wisdom he shares with Real Estate investors around the country.
Jay P. DeCima, known to many as "Fixer Jay", is a seasoned real estate investor with more than 40 years of hands on experience; nearly half that time has been devoted to Jay's specialty - fixing-up rundown houses and adding value. In 1980, Jay quit his 23K-year telephone job to pursue real estate investing full time. Today, Jay is widely regarded as the undisputed king of fixer-upper houses on the national teaching circuit. He spends a great deal of his time overseeing his 200 house empire in Redding, California, and writing about his experiences.
Since Jay's favorite recreation is the same as his day to day activities. He always enjoys sharing his knowledge with the various investor clubs around the country.
If you wish to get your book autographed – bring it to the meeting.
Thursday March 17th, 2005
How to Finance Any Real Estate, Any Place, Any Time.
BUY OUTSIDE THE BOX!
Seasoned Real Estate Pro James Misko offers over 50 ways to finance properties
Ever wonder how real estate magnates become real estate magnates? By filling out mind-numbing mortgage applications? By taking out ditech.com equity loans against their homes? By making personal guarantees to their bankers? Hardly. For years, successful real estate investors have used nontraditional methods of securing funding. They have created effective money strategies that circumvent banks, yet still result in profitable deals.
![]() | For over thirty years, real estate professional James Misko has trained thousands of licensed realtors in the use of nontraditional financing methods. Misko makes his creative techniques available to the general public in his book, How to Finance Any Real Estate, Any Place, Any Time. |
In this easy-to-use guide, Jim offers fifty-three time-tested nontraditional ways of buying properties. These are not pie-in-the-sky theories about what could happen "if," but proven deal-closing secrets that will put the wraps on virtually any real estate purchase. In his book, you will learn how to turn your dwindling stocks into real estate equities, how to take frozen equity and create real estate paper, how to exchange one property for another tax-free, how to maximize tax write-offs, how to acquire land without money, and so much more.
How to Finance Any Real Estate, Any Place, Any Time provides its readers with all the information you might pay hundreds--if not thousands--of dollars for through realty courses, at only a fraction of the cost. If the only thing holding you back from buying your dream house or investment property is financing, maybe it's time to buy "outside the box."
James A. Misko has been a highly successful real estate professional for over three decades. He is a Certified Commercial Investment member of the National Association of Realtors and has served as an instructor for this organization. As a sought-after lecturer, he speaks at local, state, and national real estate conventions. He is also a published author, an outdoorsman, and one of the most creative investment and exchange brokers in the nation. James splits his time between Anchorage, Alaska, and Palm Springs, California.
Books will be available for purchase and autograph by the Author at the meeting.
Thursday April 21th, 2005
"How to Write an Offer"
Speaker: Mary Morrongiello
You find a potentially profitable Real Estate opportunity. Now what do you do? Well nothing happens unless you make an offer!
Mary will take the audience through the process of writing an offer.
She'll share the contract she uses, why she chose it and more importantly how to complete it. Each audience member will have their own copy for personal notes. Additionally you will learn:
* How to present the offer to a listing agent and save 2.5% off the price
* What to ask a seller before the offer is made
* How to get a property with multiple offers and make money doing it.
* What "unique" addendums to use and why
* How to get out of the deal if you need to without losing a dime.
Mary Morrongiello is an active investor and "wine country" renovation specialist. She enjoys sharing with our audience some of her experiences in negotiating the fixer upper deal.
Additionally - A Real Estate Investing Q & A Session
This evening we will be having a special extended Question and
Answer session on any topic the audience wishes to take up.
Have some nagging questions about in State or out of State properties?
Do you have a burning issue about Real Estate or Real Estate "paper" investments that you need to have clarity about?
Issues surrounding marketing, negotiating, financing, fixing, are all on the table…
Michael Morrongiello and Mary Morrongiello will oversee this lively discussion which will draw on theirs and others vast experience with Bay area and out of state properties.
Thursday May 19th, 2005
Dyches Boddiford Presents:
“THE GRAND PLAN”
Entity structuring for asset protection and minimizing taxes is an area every investor and businessperson needs to understand. At our meeting Dyches will give those in attendance an overview of some of the advantages and disadvantages of “C” & “S” Corporations, Limited Liability Companies (LLCs), Partnerships and Land Trusts. It is intended to give you an understanding of how these entities interact to benefit you and your real estate portfolio.
To provide both asset protection and to minimize taxes, you need to develop your own Grand Plan of entity structures. Properly structured, your Grand Plan will provide:
IMPORTANT: Don’t Miss this Powerful Workshop!
BAWB will also be sponsoring a FULL DAY workshop with Dyches Boddiford on Saturday May 21st, 2005 to further explore the above Topics and to assist you in formulating your own “Grand Plan”.
For more information about the workshop, a workshop brochure, and registration form please click here.
Thursday June 16th, 2005
Speaker: Steven Good
"Churches, Jails, & Gold Mines: Mega-Deals from a Real Estate Maverick"
To The Highest Bidder Goes … The Golf Course, The Church, The Jail, And The Private Island
Steven Good’s Churches, Jails, and Gold Mines discussion this month will be an intriguing business narrative about real estate deals at the highest level. Until now real estate auctions were deemed “fire sales,” traditionally associated with hard-to-sell buildings and foreclosed properties. Now, Churches, Jails, and Gold Mines, real estate entrepreneur Steven Good shows how it’s done and you will get the insiders, behind-the-scenes story.
![]() | About Steven Good Steven Good is chairman and CEO of Sheldon Good & Company, LLC in Chicago, Illinois. Under Steven’s tutelage, the company, founded by his father Sheldon Good in 1965, has become the largest real estate auction firm in the United States responsible for the sale of more than 40,000 properties and $8 billion in sales. Good is the 121st President of the Chicago Association of Realtors (CAR) and is active in the leadership of the National Association of Realtors Forum. An established authority in his field, Good is regularly quoted in publications such as Forbes, Fortune, the Wall Street Journal, the New York Times, the Chicago Tribune, USA Today, and Newsweek. |
WORKSHOP:
Saturday May 21st, 2005 Dyches Boddiford Presents:
“THE GRAND PLAN” - Entity Structuring for Asset Protection and Minimizing Taxes
Entity structuring for asset protection and minimizing taxes is an area every investor and businessperson needs to understand. This class is an overview of advantages and disadvantages of "C" & "S" Corporations, Limited Liability Companies (LLCs), Partnerships and Land Trusts. It is intended to give you an understanding of how these entities interact to benefit you and your real estate portfolio.
To provide both asset protection and to minimize taxes, you need to develop your own Grand Plan of entity structures. This workshop is packed with useful information to assist the real estate entrepreneur in customizing his or her own "Grand Plan". Properly structured, your Grand Plan will provide:
* Asset Protection - You never know when someone will want what you have. Look at the many frivolous lawsuits in the news.
* Privacy - If they don't know you have it, you're less likely to be involved in a suit or someone trying to swindle you out of your assets.
* Diversification - All your eggs aren't in one basket, a bad deal in one area won't wipe out everything you have worked so hard to build.
* Simplification - Once you have a plan, you no longer have to make a decision on how to structure a deal, but only if you want to do it or not.
* Tax Savings - Taxes easily account for wealth reduction of 1/3 or more. Structuring should consider this fact to maximize wealth accumulation.
* Estate Planning - Proper structuring will build in an estate plan that can save your family hundreds of thousands in estate taxes and keep your estate private!
BAWB will be sponsoring this powerful FULL DAY workshop with Dyches Boddiford on Saturday May 21st, 2005 to assist you in formulating your own “Grand Plan”. For more information about the workshop, a workshop brochure, and registration form please click here.
Thursday July 21st, 2005
Don't miss this month's program as;
Barney Zick presents:
"How to Finance ANY Deal!"
If everything you thought was true was not, how long would you want to wait to find out?
There are myths about what to do and not do on the road to financial success...most people have heard the wrong story. Barney will touch on the following topics at the Bay Area Wealth Builders meeting on Thursday, evening July 21st, 2005
Bernard Zick CCIM, MBA, CCIM has put together a complete overview of all the ways you can pull cash out of real estate. All the ways to buy and sell, all the ways to get deals to close. To buy it, to re-invest, to get your cash out of deals so others can buy from you – all this takes financing knowledge. We will look at each and every way from the point of view of a real estate investor. Can you take out the cash? Can you hide who owns what? Which source is best for what kinds of financing, which is best for commercial property owners, how do you set up the financing so you can pass on the wealth?
Private Investor Money
Cash loans and how to get them. We can show you how to get 8%, 9% and 10% loans from friends, co-workers and associates. You can show them where to get the cash when they thought they did not have any. Open the doors to get, easy-to-pay private loans.
Options
It is no secret that fortunes have been made by those that know how to use real estate options. Now, details of those financial maneuvers are explained. Barney Zick will show you how to acquire immediate cash profits, cash flow and control your future wealth through the creative use of OPTIONS!
Hard Money Loans
There is a national network of people that exists who will loan based only on the value of the property and not care (relatively) about your credit! They close in days, not months. They loan on future value in some cases. If you don’t know this world, you need to get connected. This is one of the most often used but seldom talked about sources for the pros. And we will tell you where YOU can get the money too!
Cash Financing
Hard money loans, when and where to use quick cash lenders and how to negotiate terms.
Conventional Loan Financing
Last week, Karen Zick (my wife and life partner) closed five loans for real estate investors that ranged from nothing down to payments that started at a 1.95% payment factor! And next week she will do five more! Learn about the seldom discovered source for investor cash…conventional loans. Learn what they will take for down payments and how to structure a zero down deal that will close. Learn how to get past seasoning and other possible road blocks. You will also find out how you can be paid when you show a house to 20 people and no one buys. You can get paid for getting the next loan for whatever they do buy. Open the doors to the multi-billion dollar world of cash to allow you to get your money out and re invest again. How the application can kill or slow your deals. How to build a second stream of income as a “loan originator” and get “insider” control of you own loans with industry knowledge.
Owner Carried Financing
Everything about the art of taking “subject to” to the smart structure of a seller financed note, from Nothing Down to No Payments and No Interest!
When you know where all the stones are buried in the creek it is a lot easier to cross to the other side. This event will give you an overview of ALL the ways to bring cash to the table, making you a much smarter, faster-moving and more confident investor.
Bernard “Barney” Zick’s real estate problem solving skills have made him a legend among small real estate investors. His credentials include CCIM, (Certified Commercial Investment Member-Realtors) and an MBA from Northwestern. He is also a Real Estate Investment Banker Barney can empower an audience to face adversity and change with a positive attitude, and he does it with wit and wisdom. An innovative and experienced negotiator, Barney shares lessons gained through millions of business and investment acquisitions, sales and syndications. He is a problem solver who finds overlooked solutions. He is a master of the negotiated sale. He combines two key elements -- education and experience -- with equal parts of humor and empathy, and creates a blend that has made Barney Zick one of the most sought after Real Estate educators in America. |
Thursday August 18th, 2005
How One Man Achieved Financial Redemption. . . .
Topic: GOOD DEBT, BAD DEBT
Knowing the Difference Can Save Your Financial Future
Speaker: Author, Real Estate investor, Jon Hanson
Bring your, son, daughter and loved ones and plan on being with us as Jon Hanson provides us with a remarkably uplifting discussion about money and life.
Jon Hanson, survivor of a “near-debt experience,” is now the author of Good Debt, Bad Debt: Knowing the Difference Can Save Your Financial Life.
![]() | "The past is the past unless you still owe for it... This year break free from the chains of Debt" |
Debt as a topic of inspiration? You bet—especially in the hands of Jon Hanson, who barely survived a “near-debt experience” a few years ago and used the lessons he learned to mine a deeper joy out of the dysfunctional monetary habits and attitudes that nearly cost him his life.
Stressed, demoralized, nearly $100,000 in debt to the IRS, and suffering severe chest pains, Hanson imagined his own obituary while hooked to a heart monitor at his local emergency room: “Jon Hanson, 41, of Pickerington, Ohio, died Tuesday from complications stemming from lack of discipline, inability to delay gratification, and lack of discernment in financial matters. He showed great promise early in life. Unfortunately, he expired before much could be made of it.”
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GOOD DEBT, BAD DEBT is about what it takes to rise above the financial mistakes made by virtually everybody in today’s immediate-gratification consumer culture. Hanson is especially concerned about the alarming rate that young people are accumulating debt. “Debt can make or mar your entire life. It can build you up or tear you down. Debt absolutely changes the character of men and women. It is a severe mistake not to learn about the correct use of debt as early in life as possible.”
Good Debt is any debt that eventually increases your net worth; Bad Debt decreases your net worth. Consumer credit—the ultimate Bad Debt in Hanson’s view—is particularly insidious because it gives its victims temporary pleasure. Hanson calls credit cards the crack cocaine of the credit industry. Spending without earning can be addictive, but its four pernicious effects always catch up with you: loss of freedom, loss of cash flow, loss of time, and loss of opportunities. Good Debt, in contrast, increases cash flow, secures a discount that can be converted to cash, and/or creates a leveraged position with a strong margin of safety. Think of a (reasonable) mortgage or college loan.
Bad Debt can drag down virtually everybody—“from the guttermost to the uttermost.” With too much bad debt and an income of $200,000 a year, you may be in worse shape—financially and emotionally—than someone earning $50,000 a year with no Bad Debt. “We could further define Bad Debt as spending that reaches into the last 10 percent of your disposable income. For some people it’s not just the debt, it’s the spending. Your spending will determine your ending,” says Hanson.
Some people actually end up less happy the more money they make. Thanks to their debt-abuse habits, the more their income grows, the poorer they get.
Jon Hanson’s discussion about GOOD DEBT, BAD DEBT provides a wealth of practical, step-by-step instructions for getting out of debt and staying there. With information covered about real estate, car leasing, spending habits, spousal selection, and retirement planning, you’ll not only know exactly what to do—and what to avoid—on your way to building a better life; you’ll also be filled with inspiration to immediately start acting on it.
Don’t miss this profound discussion about money and life!
Thursday, September 15th, 2005
Times They Are A Changing…
It's Miller Time...(again)
Don’t miss this once in a blue moon opportunity to spend an evening with the incomparable Jack Miller.
Yes, the “Big Kahuna” Jack Miller is back. Jack rarely speaks at Real Estate club meetings any longer so don’t miss this golden opportunity to listen and learn from the master.
Nothing moves in a straight line forever, especially house prices. Housing almost everywhere has been appreciating for the past decade. This has created speculative fortunes for thousands of new millionaires, some of whom belong to our investor group. The reason for this is overall economic prosperity produced by a rare combination of low inflation coupled with interest and income tax rates that are at historically low levels.
How long can this fantastic housing market continue? Unlike the stock market, which boomed, then crashed and burned, wiping out a trillion dollars of wealth, why is the so-called "housing bubble” more myth than fact?
How will rising inflation, taxes, and interest rates affect the housing market and future prospects of full time Realty investors?
What new strategies will come into play in the coming years?
Every change in the market creates new opportunities for those who have the required knowledge and skills and are prepared to exploit them. Do you?
Jack Miller, our Thursday night speaker, will give us his insights based upon over a half century of economic booms and busts as a successful speculator, financier, landlord, and investor. He's been where you are presently; and is where you want to be in the future. Don't miss this rare opportunity to find ways to position yourself for any scenario the future might present.
October 20th, 2005
Using None of Your Own Cash Or Credit is the
HOLY GRAIL
Of creative real estate investing....
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Why is that? Because it takes the risk out of investing! |
Come hear how fellow California investor Bill Gatten has been doing it for the past 15 years from California to Florida.
Watch and learn as he teaches you how Landtrusts work, how they compare to other strategies for controlling property and why the Due-On-Sale Clause is not a problem if you know how to use the Landtrust.
PLUS! in a follow up 2.5 day FREE training workshop Bill will demonstrate Live how to do all of the above using his trademarked Landtrust Buying Systems known as the PACTrust and NEHTrust.
For more information and a registration form for the FREE 2.5 day Land Trust Buying Systems workshop event to be held on October 28th thru October 30th please Click HERE
National speaker, trainer, real estate investor, and creative real estate expert and author of two leading books on creative real estate investing, his first, No Down, No New Loan!, and his second, How to Make it Big in No Down, No Credit Real Estate Investing . . . And Keep It, have helped demonstrate that Bill Gatten is the countrys' leading educator and proponent re. use of the Illinois-Type Title Holding Land Trust for acquisition and disposition of real estate. Bill is also the President and CEO of North American Realty Services Inc. (NARS), as well as being the "inventor" of the much publicized PACTrust™ and NEHTrust™ systems for safe and secure No New Loan real estate transfers. These two remarkable systems allow for informal mortgage payment assumption while avoiding triggering lender's Due-on-Sale clause, while shielding and protecting the property's title from potential lawsuits, creditor judgments, bankruptcy claims, tax liens and Probate involvement.
Named by Creative Real Estate Magazine as one of the nation's "Top 25 Most Informative People In Creative Real Estate Today," Mr. Gatten is frequently a key note speaker at real estate investment clubs, conferences and myriad radio and TV stations across the country. He delights his audiences with his irreverent and humorous style of teaching his innovative sure-fire creative real estate financing strategies.
Having personally dealt in the acquisition and sale of thousands of properties over the past 20+ years, Bill Gatten continues to buy and sell for his own account while teaching others the hard-learned lessons and skills that have made him a financial success. Personally Walking the Walk and Talking the Talk and using the NEHTrust™ and PACTrust™ in virtually all real estate transactions. Bill's methods, knowledge, patience and teaching skills are unparalleled.
Read Bill Gatten's article on; "Avoiding the Due on Sale Clause" by clicking here…
Read Bill's "Diary of a No Equity Deal" by clicking here…
Thursday, November 10th, 2005
Important Note: This month's BAWB meeting is on a special 2nd Thursday 11-10-2005 meeting date.
Peter Fortunato: An Evening on Contracts
Real Estate Contracts
This month's featured speaker is Peter Fortunato. Nationally known as an expert in using Real Estate creatively coupled with "paper" to formulate profitable Real Estate Transactions for the buyer, seller, and investor.
Join us and learn how to create Transactions, Income and Wealth.
Discover negotiating techniques and paperwork which make the numbers work and allow for deals to happen.
Visit with us and learn from one of the Masters on how to "Construct" Deals. Hear Pete's clear, patient explanations, and practical insights.
You Do NOT want to miss this month's meeting with Pete, plan on being with us!
And don't miss our November workshop:
Dyches Boddiford & Peter Fortunato present:
Amassing Tax-Free WEALTH Using Self-Directed IRAs
November 12 & 13, 2005 in San Francisco, CA
For more information please visit our Workshops section here.
Thursday December 15th, 2005
This is our final meeting of the year!
This is always judged by our attendees to be one of the BEST meetings we have all year. It's a great way to learn what others are doing, the genesis of their individual transactions, and more importantly where the profit centers are...you'll be amazed at how many different perspectives to doing a deal there are.
This also will be a great meeting to get to better know your fellow attendees. Come join us for a festive time of the year meeting that will feature some refreshments, wine, finger foods, and Holiday cheer in an open forum setting. You are invited to bring your spouse or a loved one for a night out and to better see what our meetings are all about.
Do you know of a BAWB member who did a Killer deal this past year?
Nominations are encouraged for our annual "BAWB 2005 Deal of the Year" awards.
Click here to obtain one of the nomination forms which can be sent in.
Each of the selected nominees will tell us their "deal story" which promises to be informative and fun. It's been an incredible year filled with change, tough lessons, and successes. We hope some of you will share a hard lesson or success from the past year.
Thursday August 24th 2006
PLEASE NOTE: For this month only, our meeting is on the FOURTH Thursday of August.
Panel Discussion with Northern California Investors:
Times they are a Changin' - What is happening in the marketplace and how to adapt.
We see it happening around us- the California Real Estate market is far different today than just one year ago. What trends seem to be developing?How are other investors changing their business tactics during these uncertain times to survive and prosper? What angles today seem to work better than before? - Have an inquiring mind? - Want to know? Then don't this meet this wonderful opportunity to listen, observe, and learn from our panel of investors who are active in the Northern California marketplace.
A few of the topics to be addressed;
This is a very insightful meeting - Plan on being with us Thursday August 24th!
Special Jack Miller Workshops
BAWB is proud to sponsor Jack Miller's
"Everything you Ever Wanted to Know about Real Estate but Had No One to Ask" special HELP DAY workshop.
Friday September 16th, 2005 at the Holiday Inn Golden Gateway Hotel - 1500 Van Ness Ave, San Francisco, CA 94109
Jack will do a short presentation in the morning and then it's a full day of taking your questions on a wide variety of topics while providing you with Money making insights and concepts gleaned from "Uncle Jack's" 50+ years of experience and unique prospective.
We have purposefully made this powerful information filled HELP DAY workshop affordable at $79.00 for BAWB members and $99.00 for Non members. Don't miss this rare opportunity to listen and learn from Jack Miller in this format!
For more information, a workshop brochure, or registration form for the "Everything you Ever Wanted to Know about Real Estate but had No One to Ask HELP DAY" (1) one day Friday 9-16-2004 seminar event please click here.
September 17th & 18th - TWO DAY WORKSHOP
Creating Cash Flow with Creative Deals Workshop
Saturday & Sunday September 17th & 18th, 2005 at the Holiday Inn Golden Gateway Hotel - 1500 Van Ness Ave, San Francisco, CA 94109
Jack will be holding his wonderful (2) two day Creating Cash Flow with Creative Deals class in the San Francisco Bay Area on Saturday & Sunday, September 17h & 18th.
The Objective of the Investor should not be just to create Wealth, But to create Net Income that will support the Lifestyle they choose.
Whether you are a beginning investor or a seasoned Pro, this is great class on Buying & Selling Techniques to Build Cash Flow and Income Fast.
To register for this workshop, click here to view the registration form.
For more information about Jack Miller, go to; www.cashflowconcepts.com and be sure to mention BAWB.
October 28-30: 2.5 Day FREE Workshop:
Using None of Your Own Cash Or Credit is the
HOLY GRAIL
Of creative real estate investing....
Come hear how fellow California investor Bill Gatten has been doing it for the past 15 years from California to Florida.
Watch and learn as he teaches you how Landtrusts work, how they compare to other strategies for controlling property and why the Due-On-Sale Clause is not a problem if you know how to use the Landtrust.
JOIN US for a 2.5 day FREE training workshop Bill will demonstrate Live how to do all of the above using his trademarked Landtrust Buying Systems known as the PACTrust and NEHTrust.
For more information and a registration form for the FREE 2.5 day Land Trust Buying Systems workshop event to be held on October 28th thru October 30th please Click HERE
National speaker, trainer, real estate investor, and creative real estate expert and author of two leading books on creative real estate investing, his first, No Down, No New Loan!, and his second, How to Make it Big in No Down, No Credit Real Estate Investing . . . And Keep It, have helped demonstrate that Bill Gatten is the countrys' leading educator and proponent re. use of the Illinois-Type Title Holding Land Trust for acquisition and disposition of real estate. Bill is also the President and CEO of North American Realty Services Inc. (NARS), as well as being the "inventor" of the much publicized PACTrust™ and NEHTrust™ systems for safe and secure No New Loan real estate transfers. These two remarkable systems allow for informal mortgage payment assumption while avoiding triggering lender's Due-on-Sale clause, while shielding and protecting the property's title from potential lawsuits, creditor judgments, bankruptcy claims, tax liens and Probate involvement.
Named by Creative Real Estate Magazine as one of the nation's "Top 25 Most Informative People In Creative Real Estate Today," Mr. Gatten is frequently a key note speaker at real estate investment clubs, conferences and myriad radio and TV stations across the country. He delights his audiences with his irreverent and humorous style of teaching his innovative sure-fire creative real estate financing strategies.
Having personally dealt in the acquisition and sale of thousands of properties over the past 20+ years, Bill Gatten continues to buy and sell for his own account while teaching others the hard-learned lessons and skills that have made him a financial success. Personally Walking the Walk and Talking the Talk and using the NEHTrust™ and PACTrust™ in virtually all real estate transactions. Bill's methods, knowledge, patience and teaching skills are unparalleled.
Read Bill Gatten's article on; "Avoiding the Due on Sale Clause" by clicking here…
Read Bill's "Diary of a No Equity Deal" by clicking here…
Dyches Boddiford & Peter Fortunato present:
Amassing Tax-Free WEALTH Using Self-Directed IRAs
November 12 & 13, 2005 in San Francisco, CA
Theory and practice come together for one dynamic weekend. Just think of how much you could make if you could invest your retirement plan in an investment you already understand. For most of us, that is real estate and notes in our own local markets. Well, properly structured, you can. We have been doing it for years. This weekend is an opportunity to learn how to super-charge your IRA with returns of 12%, 15%, 25%, 50% and higher! You will learn nice and steady, as well as very aggressive, techniques for growth.
Peter and Dyches will join forces in what promises to be a lively conference on self-directed IRA investments. Pete will present case studies and will walk you through, step-by-step, exactly how the transaction would be crafted and the results. He will also suggest scenarios to watch for that can boost your returns significantly.
Dyches will take you through the technical issues in layman terms, as well as sharing some of his own IRA
experiences. He and Pete will analyze some actual transactions and show you the different ways they could have been done to gain different advantages or results.
For more information and a registration form, please click here.
Thursday, January 15th, 2004
Topic: Estate Planning and Protecting Your Wealth
Guest Speaker: Attorney Lee Phillips
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The guest speaker for this exciting, information packed presentation is attorney Lee Phillips. Whether you're new to real estate or a seasoned pro, you'll learn how you can preserve your wealth today and how to make a better plan for passing it on to your heirs with a minimum of taxes. Maybe more
importantly, you will learn how to reposition yourself using the law so you can establish a legal foundation for your wealth and make money faster than you could otherwise.
As a promising young attorney and fledgling entrepreneur, the last thing on Lee Phillips' mind was the possibility of a life-threatening disease. But at age 27, just three months after getting his first legal job as an attorney, he was told he had advanced cancer and had only weeks to live. That was in 1982.
Unfortunately, as he made medical progress and defied the odds, the legal system took its toll on his personal and business life. During months of debilitating cancer treatment and hospitalization, Lee gained firsthand experience in effectively dealing with the legal system, asset protection, the medical industry, and insurance companies. To survive, he figured out what he should have done to handle life's unexpected "bumps in the road" that we all face.
Since his recovery, he has become a nationally known author and lecturer on financial security. During the past 18 years, Lee has advised more than 500,000 financial professionals, attorneys, doctors, accountants and entrepreneurs throughout the United States and Canada. He is well suited to help you too.
BAWB invites you to attend this fantastic and financially rewarding program. We've designated January 15th as Guest Night, so why not invite your friends who haven't been to a BAWB meeting for awhile.
Join us and you'll have the chance to meet and network with successful investors and housing providers from all over the area. You'll also get a chance to check out BAWB's other great benefits, such as special discounts from vendors you use every day.
For more information, read these informative articles by Lee Phillips: (requires Adobe Acrobat)
Four Tools of Financial Foundation
Thursday
February 19, 2004
Topic: Detecting and Surviving Applicant Fraud
Guest Speaker:
Rex Maroney - Author and National Speaker
In the course of your daily business you regularly engage in the essential process of interviewing, investigating, and getting to know absolute strangers and their backgrounds. As an owner, investor, property manager, landlord & employer your livelihood depends on it. Come to our meeting when Rex Maroney will present The Landective Process © (landlording detective).
Rex teaches multi-family housing and Real Estate professionals how to successfully detect, survive and profit from the most cunning and sophisticated fraudulent applicants. Attendees will learn how to turn vacancy into cash flow by getting paid by every con, fraud, liar and thief who maliciously wastes your time. Our speaker comes from a 20-year background as a successful entrepreneur, investor, owner, landlord, general contractor, property manager, consultant, investigator, author and national keynote speaker. He has made a study of the methods and resources applicants use to create a phony identity and background to defraud you. The costs are huge – lost rents, long management hours, ongoing advertising, court filing costs, attorney fees, delayed evictions, appeals, malicious apt damage, skips and bankruptcy. Too often owners, managers and employers are forced to “Anti up“ for signing or hiring another fraudulent applicant.
Don’t miss this gripping presentation as Rex blows the cover on the very sly and sophisticated fraudulent applicants of our time. Yes… bring your friends as they’ll want to hear and see this presentation filled with
AMAZING INFORMATION !
For more information on this month's meeting, CLICK HERE.
Thursday, March 18th, 2004
Topic: REMOTE CONTROL REAL ESTATE RICHES!
Don’t miss this meeting featuring: Adiel Gorel
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Adiel Gorel has been investing all over the United States for the past twenty years. He considers several investment venues to be the best for most investors, especially busy people. One is the investment in Single Family Homes, especially in the Sunbelt States where the landlord –tenant laws are landlord-friendly and the prices and rents work to provide the investor with the best cash flow and appreciation potential.
Mr. Gorel also invests in large apartment complexes and teaches the small investor the optimal ways to participate in such properties.
In addition, Mr. Gorel is involved in land development deals and other specialized real estate deals.
He is also a managing partner of SVC Partners, A Real Estate diversified portfolio fund.
Adiel will be speaking on:
Mr. Gorel formed International Capital Group (ICG), a Marin-based real estate investment company that assists investors worldwide in purchasing U.S properties and provides full service including lending and property management. As CEO of ICG, Mr. Gorel has purchased over 4,000 properties in Sunbelt cities including Phoenix, Las Vegas, Orlando, Dallas, San Antonio, Tampa, Austin, and Jacksonville. Mr. Gorel has also formed a variety of apartment-complex and development syndications throughout the Sunbelt.
Adiel Gorel gives lectures world-wide on U.S real estate investing and has published two books on the subject; “Remote-Controlled Real Estate Riches – The Busy Person’s Guide to Real Estate Investing” (Progress Press) and “Discovering Real Estate in America” (Turquoise Press). Mr. Gorel has been profiled on NBC, ABC, and the San Francisco Examiner and is a highly rated speaker for the Learning Annex.
Mr. Gorel's professional experience also includes management and director positions in firms including Hewlett-Packard, Excel Telecommunications, and bio tech firms Marlstone, Lifecare, and Lifewave.
Mr. Gorel holds a BSEE from McGill University, graduating first in his class and an MSEE from Stanford University.
Thursday, April 15th, 2004
Guest Speaker: Peter Fortunato
"That can't be done here…" PART II
Often we hear this statement from folks who live and invest in California; however, there are certain fundamental negotiating and investment techniques that are universal regardless of your location.
This month's featured speaker is Peter Fortunato. Nationally known as an expert in using Real Estate creatively coupled with "paper" to formulate profitable Real Estate Transactions for the buyer, seller, and investor.
For those in attendance at our 2002 meeting who were able to listen to and learn from Peter, it was compared to a “gospel like” session. His profound discussion, expertise, and insight shined as the evening went on and those in attendance left energized.
Learn how to create Transactions, Income and Wealth.
Discover negotiating techniques and paperwork which make the numbers work and allow for deals to happen.
Don’t miss this opportunity to listen and learn from one of the most down to earth and practical Real Estate educators around. Peter rarely visits the Bay area so be sure to make it out to this meeting and invite a loved one, family member, or guest. You’ll be glad you attended!
Visit with us and learn from one of the Masters on how to "Construct" Deals. Hear Pete's clear, patient explanations, and practical insights. You Do NOT want to miss this month's meeting, plan on being with us!
HELP DAY
Unity of Real Estate and "Paper" WORKSHOP
Peter Fortunato and Michael Morrongiello will hold a; Unity of Real Estate & “Paper” Workshop and Help Day- which will be a FULL DAY Saturday April 17th event. Seating for this event will be very limited and pre-registration is encouraged. To get more information and for registration forms, Click Here.
Thursday May 20th, 2004
It's Circle Time… Join us as this promises to be a fun evening with the variety of information presented.
Plan on being with us this month as we break down the attendees into (5) five smaller groups who will have a chance to listen, learn, and question our panel of moderators on the following subjects;
Jeff Lerman, Lerman and Lerman, Attorney at Law
"Legal Issues When Buying Real Estate Investment Properties"
Darlene Jones, GM Mortgage & Real Estate- Investor
"Buying out of state properties- rental investment properties in the Sunshine State; Florida"
Cathie O'Hanks, O'Hanks Management - Investor
Managing your properties here and abroad"
Dave Wilson, Business owner and Investor
"Creating wealth with houses and a simple Buy and Hold Strategy"
Rick Garibaldi, Diablo Funding Group - Mortgage originator
"Financing options for Investors"
Thursday June 17th, 2004
ROCK, ROLL & REAL ESTATE
The #1 Sunday morning Radio Show on Real Estate
-in association with-
BAY AREA WEALTH BUILDERS “BAWB”
-present-
SIZZLING TALK
-on-
1031 REAL ESTATE EXCHANGE
SEMINAR & SYMPOSIUM
-at the-
MILL VALLEY COMMUNITY CENTER
180 Camino Alto, Mill Valley 94941
5:30pm
Wine Tasting * Meet the Experts in the
1031 Exchange Arena & BAWB Sponsors
7:30pm
“Rock, Roll & Real Estate” live taping
with Michael Yesk on Talk 910AM KNEW
8:30-10:00pm
Discussion on 1031 Exchange
For more info: www.rockrollandrealestate.com 408-892-3376
To print this information, click here.
Thursday July 15th, 2004 Meeting
Successful, experienced, investor Jeff Smith will reveal
"Fixers To Fortunes: Inside Secrets of the Rehab Game"
Smith has 25 years of profitable real-estate investing under his tool belt. He has remodeled, sold and rented scores of houses in Florida. His "Fixers To Fortunes" seminar is without question the best in the business. It sells out virtually every time. Jeff will share many of its money-making secrets with you.
Jeff never gets dirty. Instead, he hires out the work. Jeff will show you how to get the most work done for the cheapest price. He also will discuss:
For those who want more "inside secrets", details, tricks of the trade, and valuable tips when renovating and upgrading properties.... as a bonus, Jeff will offer his "Power Cashflow Generating Strategies" seminar Saturday, July 17th, 2004.
The special one-day price for BAWB member attendees is only $99.00 and $129.00 for Non members. This special one-day seminar will include strategies from Jeff's very popular and highly regarded "Power Negotiations" and "Buyer's Boot Camp" seminars. Jeff will show you how to use his unusual negotiating techniques to put together profitable winning deals. He also will reveal how to guarantee your deal will please any seller or buyer. Jeff will show you techniques to make your contracts irresistible to buyers or sellers.
For more information on the FULL DAY WORKSHOP Saturday 7-17-2004, a workshop brochure and registration form,
Click Here!
Who is Jeff Smith?
Jeff Smith is a savvy investor with 24 years experience rehabbing distressed houses and junkers for huge profits. He also finds and buys killer deals that virtually no one knows about. Jeff has been a successful landlord for more than two decades. He wrote for the prestigious Kiplinger Florida Letter for 14 years and was the dean of the Southeastern banking writers for a decade! Jeff writes “Real Estate Profit Line,” a best-selling real-estate newsletter, and is in demand to speak to investment groups nationwide.
Jeff teaches students how to become their own boss through real estate investments. His “Fixers To Fortunes” rehab course sells out almost every class! That power-packed course has limited seating because it includes an exclusive, all-day bus trip where you learn hands on how to rehab houses for incredible profits! This is a must-attend-at-all-costs seminar!
Jeff’s 2004 seminar schedule will include:
“Are you short of cash? Have bad credit? Do you want to quit that dead-end job and finally earn what you are worth? I will show you how to turn it around.” – Jeff Smith
Look at just some of the topics covered in our rehab seminar:
Call Jeff Smith (813) 980-3939 or fax (813) 980-1554
for more information about his seminars and newsletter.
Thursday August 12th, 2004
Please Note:
This month’s meeting is on the 2nd Thursday of the month instead of the normal 3rd Thursday of the month because of a scheduling conflict at our meeting facility
Fixer Uppers…
5 COSTLY MISTAKES
5 PROFITABLE LESSONS LEARNED
Our August speaker, Mary Morrongiello, is an experienced and very successful rehabber of Wine Country houses. She has recently completed her 9th MAJOR renovation in just 4 years and in that time has learned important information to help others in her field. Mary is always a crowd favorite as it motivates others to know that “one of our own” is out there everyday practicing what we preach.
At this meeting you will learn:
Thursday, September 16th, 2004
It’s Miller Time...
Don’t miss this once in a blue moon opportunity to spend an evening with the incomparable Jack Miller.
THERE IS A SECRET TO GETTING RICH...
Anyone can learn how to get rich, but there's a catch. You have to understand MONEY--Why people spend it? When? How. Where? For What? You have to understand how a little money, plus time, can create a fortune for anyone. Test yourself. Do you know someone who isn't particularly smart or talented or energetic who seems to have made a lot of money, or who owns a lot of property?
My name is Jack Miller. I've been a successful investor in single family houses for 45 years. I've bought, sold, leased, managed, built, exchanged, financed and owned several hundred properties. Real estate is the main source of both my income and accumulated assets, thus, I can speak from years of actual experience.
LET ME TELL YOU A LITTLE STORY...
Once upon a time I was 40 years old and out of work. I'd been an executive with a Fortune 500 company with specialized technical skills. Without warning, I suddenly became a casualty of a corporate downsizing. I had two teenagers at home and a mortgage. I'd placed my future into the hands of my employer and felt secure with a retirement plan which would provide enough money for a comfortable lifestyle, recreation and travel. Suddenly I was out of work.
MIDDLE-AGED, OUT OF WORK, AND BROKE
My assets consisted of experience for which there were no jobs and a real estate license I'd picked up just for fun. The only employment I could find was as a residential real estate salesman. Although I'd owned real rental houses previously, I knew nothing about real estate or financing and had never earned a living as a salesman before. I had to start from scratch to learn the business.
In the real estate market that prevailed then, there were lots of buyers, but no sellers. I had to learn ways to prospect for cash sale listings because unmotivated sellers would settle for nothing less. That involved developing innovative ways to qualify buyers so they could obtain financing for their home purchases. In the process of creating down payments, I had to devise supplemental income credits, decorating and landscaping allowances. In the process I discovered ways to use virtually anything they owned in trade as down payments to reduce the amount they had to borrow, and along with it, their monthly payments.
LEARNING HOW TO BUY AND SELL HOUSES FROM SCRATCH
Suddenly, just when I was beginning to learn how to make money in a competitive selling market, the economy flip flopped. The buyers all disappeared and the phones stopped ringing. In order to earn a living, I had to come up with creative ways to locate buyers for all the properties that eager sellers wanted to list with me. Even when I found a buyer, interest rates on mortgage money was often too expensive for them to be able to afford the purchase. Necessity forced me to innovate. I learned ways to "create paper" with which to close a deal. Leases and Options became basic building blocks for making deals. So did contracts.
BREAKTHROUGH! BUYING AND SELLING FOR MYSELF!
One day it occurred to me that rather than properties per se, what I was really selling were my negotiating and deal-making skills. Instead of listing properties for sale, I began focusing my efforts on increasing my income. I started by buying Options on houses, then "flipping my Options, selling them either for cash or terms depending upon the deal. When I controlled the property, I could make more sophisticated transactions. But this required me to develop better negotiating skills and closing techniques. In the process, I had to learn the ways that taxes affected a sale from both the buyer's and seller's points of view.
Some of the most powerful techniques I learned were based upon tax free exchanges and gifts. These benefited both buyer and seller at the expense of the tax collector. And I found ways to structure complex transactions which solved financial and tax problems for both buyers and sellers in order to earn bigger profits; far greater than might have been made simply earning commissions or merely "flipping options".
RETIREMENT AFTER ONLY 5 YEARS!
Finally things began to click. During one 153 week period, I closed one or more deals each week in the capacity of broker, buyer, seller, or Optionee. At the age of 45, a short five years after I first started selling real estate, I was able to close my office and retire to the good life with my wife, touring the country in my motorhome and traveling in Europe and Asia. Why am I telling you all this? Because the time is as ripe as I've seen it in almost 20 years for you to do it too. I'll even tell you how to do it. Read on . . .
You can only look at so many sunsets, catch so many fish, or play so many rounds of golf before retirement gets to be a job. As a bored retiree, I started making the rounds of community social clubs as a luncheon speaker telling others about my experiences. From this sprang the first seminar in the world oriented toward the single family house as an investment vehicle. For the person who wants to build wealth starting with little or nothing, the single family house still offers more possibilities than any other type of investment. But there's a catch: You've got to have an intense desire to be rich, and be willing to work hard to learn as many real estate insiders' fortune-building secrets as you can. I'll share these with you.
BIRTH OF A NATIONAL NEWSLETTER
I started as a speaker, then as a seminar educator of thousands of people, many of whom went on to start their own seminars. In 1978, I wrote the first issue of The Commonwealth Letters, the first ever monthly newsletter devoted to single family house investors. My objective was to provide readers with insights on how to achieve financial security over and above that provided by their career, regardless how successful. Since then, I've been able to help readers to consistently make money more than any other publication.
IT'S TIME TO MAKE A DECISION FOR YOUR FINANCIAL FUTURE
If you aren't 100% certain of your future financial security, it's time for you to make the decision to become financially independent. This will be an easy decision! Either you're happy with your lot in life or you're not! Either you've already provided for your family's financial security or you're willing to bet their lifestyle on your employer or the government. It's up to you to take action now before time passes you by.
Wouldn't you really rather control your financial future yourself? You can, as an entrepreneur in real estate. Thousands have done it before you starting with little cash or know-how. They didn't have the advantage of being coached by someone who's been where you are now, and gone where you want to go; someone who can make it happen a lot faster than you think possible if you take his advice. It's your choice...
BAWB is proud to sponsor Jack Miller's - Creating Wealth with Houses Seminar
Friday September 17th, 2004 at the Mill Valley Community Center
One Full Day of Money making insights and concepts on Four Essential Wealth Building Topics; BUYING, FINANCING, NEGOTIATING, & SELLING – You’ll learn from the Master, the WHO, HOW, WHEN, and WHY on each topic from Jack’s unique perspective. All the nitty gritty to help you on your way down the road to Real Estate Success! We have purposefully made this powerful information filled workshop affordable at $59.00 for BAWB members and $79.00 for Non members. Don’t miss this rare opportunity to listen and learn from Jack Miller.
For more information, a workshop brochure, or registration form for the “Creating Wealth with Houses” (1) one day Friday 9-17-2004 seminar please click here.
September 18th, 19th, & 20th - THREE DAY WORKSHOP- Options Combo Workshop
Jack will be holding his wonderful (3) three day Options Combo class in the San Francisco Bay Area on Saturday, Sunday, and Monday September 18th, 19th, and 20th. This is arguably the best, most in depth course on profitably using Real Estate options in the nation today. It is actually (2) two classes combined into one; starting with the Fundamental Uses of Options and then moving into some of the more Advanced Option Techniques.
To register for this workshop, click here to view the registration form.
For more information about Jack Miller, go to; www.cashflowconcepts.com and be sure to mention BAWB.
Thursday, October 21st, 2004
Guest Speaker: Hugh Bromma, Entrust Group
Topic: Tax Advantaged Strategies for Real Estate in 2005 and Beyond
Curriculum Vitae Synopsis: Hubert Bromma
Hubert Bromma is the CEO of Entrust Administration, Inc. and Principal of the Entrust Group, which supplies record keeping and administration services to discriminating investors who use Entrust's unique Self-directed retirement programs, including Individual Retirement Arrangements and Qualified Plans of all types.
He is a frequent speaker at real estate conferences, real estate investor gatherings, retirement and financial planners and other related affinity groups. He is the author of "Real Estate in IRAs and Keoghs, A Guide", "Real Estate Investments in Your Retirement Plan: A Guide", and "Do Your Own Qualified Retirement Plan” a Guide for Self Directed Plans for Business Owner, Spouses and Partners. He is a regular author for Creative Real Estate Magazine, and has written articles for various publications since 1988. His articles also appear on the Entrust web site at www.iraplus.com.
He has appeared on many television and radio programs internationally primarily discussing the diversification of assets in tax free and tax deferred environments. These include KABC, KNBC, KCBS, KJSL, KNBR, KRMS, FNN, ORF, WCIU-TV, WebFN and many others.
Entrust and its affiliates have been providing such services to thousands of clients internationally since 1981. The company was founded originally by Bromma as Consulting Associates, Inc. and has made a number of acquisitions over the years, including several trust companies and third party pension administration entities. The operations center is now located in Oakland, California at the edge of Lake Merritt, a rapidly growing business section of the San Francisco Bay area. Other Offices are in Los Angeles and Las Vegas.
From 1988 to 1992, he was the also Chairman of Commonwealth Administration, Inc., Mission Hills, California. In 1991 Bromma, as principal of Commonwealth acquired Providence Trust Company, Commonwealth’s wholly owned subsidiary, based in Houston Texas, with branches in Dallas and Amarillo. Providence was a combination of formerly failed trust companies which were combined by Bromma into a highly profitable organization. Providence was subject to a hostile takeover in 1992, and subsequently closed in 1993 by the Texas Department of Banking, due to unsound banking practices attributed to the take over management team.
From 1981 through 1989, he was the owner of the national bank consulting firm Consulting Associates, Inc. with offices in New York, Chicago, San Francisco, Los Angeles, and San Antonio. This firm performed 51 mergers, acquisitions or divestitures, and provide extensive consulting services to many banks and savings associations in the area of bank operations and profitability.
Bromma's prior banking career extended from 1967 to 1981 with positions of General Auditor to corporate manager of acquisitions and divestitures, at medium to large west coast banks.
His undergraduate degrees are in economics and political science, from San Francisco State University. His graduate work was completed in public administration in a combined program from UC Berkeley and SFSU.
Other information:
Thursday, November 11th, 2004
Guest Speaker: Albert Aiello
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Topic: Transform Real Estate from an Ordinary Tax Shelter into a Formidable TAX REDUCTION MACHINE.
Most rental property owners and real estate entrepreneurs say "good-bye" to hundreds, even thousands of dollars every year. They just let their money "fly" away in the form of taxes that they don't really have to pay. Former IRS officials have been quoted as saying that, "self employed people unnecessarily overpay the IRS over 150 billion dollars per year!"
C.P.A. Albert Aiello has spent his adult life finding legal ways to put a stop to this flight of cash. He has researched hundreds of little known tax reduction, tax saving and tax deferral strategies. Now he's brought them all together in a brand new presentation. Albert Aiello's GOLDMINE strategies will show you how to transform real estate from an ordinary tax shelter into a formidable TAX REDUCTION MACHINE.
Albert Will Show You How To Play The Tax Game And Win Big-Legally
A veteran of over 20 years teaching real estate agents and brokers his tax saving strategies, Albert now speaks to investor, landlord and rental property owner associations around the country. Geared for people who invest in real estate, he'll explain all three phases of a real estate investment (1) Acquisition, (2) Operation and (3) Disposition. He covers all kinds of real estate investing including, rental property, rehabs, flips, paper-virtually every kind of real estate situation imaginable. Fully documented, Albert gives the IRS code or other citation so you and your accountant can be sure all your activities are perfectly legal. This talk is the most complete presentation of tax reduction strategies ever offered to real estate investors at any time, any where.
Here's Some Of What You'll Learn From Albert's Real Estate Entrepeneur's Goldmine of Brilliant Tax Strategies
Articles by Albert Aiello (requires Adobe Acrobat)
Medical Expenses as Business Deductions
Tips on Hiring the Right Tax Advisor
Reap Immediate Deductions for Computers and Other Assets
Albert Aiello's Bio
Albert Aiello certainly has the credentials to be the featured speaker at Bay Area Wealth Builders' regular evening meeting, Thursday, November 11th.
He is a GRI Instructor, a Graduate Tax Professor, a licensed Real Estate Broker and a CPA who passed the exam in one sitting. He also has a Masters Degree in Taxation.
On the practical side, he has 25 years experience as a tax advisor, 23 years experience as a real estate investor and 20 years as a 1031 exchange facilitator make him uniquely qualified to address the tax issues that investors and landlords face.
As both a residential and commercial real estate Realtor, Albert has listed, bought, sold and managed millions of dollars of real estate. He has also had his own tax & accounting practice specializing in real estate and IRS audit representation.
But, wanting something more creative, challenging and rewarding, he sold his accounting practice to do what he really loves; actively invest in real estate, teach real estate courses and author books on creative real estate.
Albert remains active as a 1031 specialist, as president of National Exchange Services, Inc. (NESI), one of the leading 1031 Exchange Intermediaries in the country.
He is the author of hundreds of articles on taxation and real estate. He has also written a number of books. Some of his most popular ones are: The Real Estate Professional's Bible of Tax Strategies, The 1031 Money Machine, The Medical Reimbursement Plan Kit, Creating Tax-Free Wealth With Self-Directed IRA's and his newest, The Real Estate Investor's Goldmine of Brilliant Tax Strategies.
Today he travels around the country sharing his incredible wealth of information on how the average real estate investor can save hundreds even thousands of dollars in taxes every year.
Join us on Thursday, November 11th for this special meeting where Albert Aiello will be our featured speaker. We will meet at the Mill Valley Community Center.
This is our final meeting of the year!
This is always judged by our members to be one of the BEST meetings we have all year. It's a great way to learn what others are doing, the genesis of their individual transactions, and more importantly where the profit centers are...you'll be amazed at how many different perspectives to doing a deal there are.
This also will be a great meeting to get to better know your fellow attendees. Come join us for a festive time of the year meeting that will feature some refreshments, wine, food, and Holiday cheer in an open forum setting. The meeting will be catered and you are invited to bring your spouse or a loved one for a night out and to better see what our meetings are all about.
Important Note: Anyone can attend but to drink and dine the cost is $25.00 per individual and $40.00 for a couple.
Do you know of a BAWB member who did a Killer deal this past year?
Nominations are encouraged for our annual "BAWB 2003 Deal of the Year" awards.
Each of the selected nominees will tell us their "deal story" which promises to be informative and fun. It's been an incredible year filled with change, tough lessons, and successes. We hope some of you will share a hard lesson or success from the past year.
Saturday January 31st, 2004: FULL DAY WORKSHOP
National Expert on Cutting Edge Real Estate Investing is coming.
National speaker and author T.J. Marrs, developer of the “Financial Mastery Series” of Real Estate & Asset Protection Programs will be teaching:
The Secrets of finding thousands of hidden nothing or low down treasures in your own back yard.
HINT: The best ones you’ll least suspect. Over 50,000 per million homes are coming on the market every month!
For more information and to register for this exciting workshop, CLICK HERE.
Saturday April 17th, 2004: FULL DAY WORKSHOP
Unity of Real Estate and "Paper" WORKSHOP
Peter Fortunato and Michael Morrongiello will hold a; Unity of Real Estate & “Paper” Workshop and Help Day- which will be a FULL DAY Saturday April 17th event. Seating for this event will be very limited and pre-registration is encouraged. To get more information and for registration forms, click here.
Saturday July 17th, 2004: FULL DAY WORKSHOP
"Power Cashflow Generating Strategies"
For those who want more "inside secrets", details, tricks of the trade, and valuable tips when renovating and upgrading properties.... as a bonus, Jeff Smith will offer his "Power Cashflow Generating Strategies" seminar Saturday, July 17th, 2004.
The special one-day price for BAWB member attendees is only $99.00 and $129.00 for Non members. This special one-day seminar will include strategies from Jeff's very popular and highly regarded "Power Negotiations" and "Buyer's Boot Camp" seminars. Jeff will show you how to use his unusual negotiating techniques to put together profitable winning deals. He also will reveal how to guarantee your deal will please any seller or buyer. Jeff will show you techniques to make your contracts irresistible to buyers or sellers.
For more information on the FULL DAY WORKSHOP Saturday 7-17-2004, a workshop brochure and registration form,
Click Here!
BAWB is proud to sponsor Jack Miller's - Creating Wealth with Houses Seminar
Friday September 17th, 2004 at the Mill Valley Community Center
One Full Day of Money making insights and concepts on Four Essential Wealth Building Topics; BUYING, FINANCING, NEGOTIATING, & SELLING – You’ll learn from the Master, the WHO, HOW, WHEN, and WHY on each topic from Jack’s unique perspective. All the nitty gritty to help you on your way down the road to Real Estate Success! We have purposefully made this powerful information filled workshop affordable at $59.00 for BAWB members and $79.00 for Non members. Don’t miss this rare opportunity to listen and learn from Jack Miller.
Special Bonus Offer:
Pre register and prepay for this One (1) day seminar event and you may attend the phenomenal, one of kind (3) three day OPTIONS COMBO WORKSHOP to be held at the Holiday Inn, San Francisco Airport on September 18th, 19th, & 20th for a special discounted BAWB price of $300.00 per person. That’s (4) four days of quality education for $359 / $379.00 (Non BAWB members). (For more information on the Options Combo Workshop – See below)
For more information, a workshop brochure, or registration form for the “Creating Wealth with Houses” (1) one day Friday 9-17-2004 seminar please click here.
September 18th, 19th, & 20th - THREE DAY WORKSHOP- Options Combo Workshop
Jack will be holding his wonderful (3) three day Options Combo class in the San Francisco Bay Area on Saturday, Sunday, and Monday September 18th, 19th, and 20th. This is arguably the best, most in depth course on profitably using Real Estate options in the nation today. It is actually (2) two classes combined into one; starting with the Fundamental Uses of Options and then moving into some of the more Advanced Option Techniques.
To register for this workshop, click here to view the registration form.
For more information about Jack Miller, go to; www.cashflowconcepts.com and be sure to mention BAWB.
BAWB is pleased to have John Schaub as our speaker for a special FULL DAY Saturday workshop on October 30th.
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John has survived 8 Presidents and prospered for 30 years as a landlord. He authored the original single family house seminar in 1976 which launched thousands on their way to successful investing. He is still an active buyer and engaged in managing his business and investment, when not traveling with his family, or building homes for Habitat for Humanity.
John is a reformed "Big Deal" guy, who discovered that most of the big talkers had small bank balances. John stresses keeping it simple. He talks only about what he has done and what has worked and sometimes not worked for him. John spends nearly all of his working time making deals and managing his properties. He teaches only three seminars a year.
He stresses buying better, well located houses as opposed to less expensive houses or other income properties. Better houses are much more profitable and far less trouble. He advocates paying off debt, owning properties free and clear, and maximizing cash flow by only buying properties with larger profit potential, financed so they produce immediate cash flow.
John graduated in 1970 from the University of Florida College of Business, was an active Realtor for 10 years and served as President of both the Sarasota and Florida Real Estate Exchangers. He is listed in the Hall of Fame of Who's Who in Creative Real Estate, featured on the cover of Personal Finance magazine and was recently quoted in Forbes.
He is an advocate for privately owned affordable housing. He served 7 years on the International Board of Habitat for Humanity and has served four terms as President of the Sarasota Habitat Affiliate and served 17 years on their board.
John's wife Valerie, a real estate attorney, and their three perfect children enjoy skiing, boating, diving, horseback riding, and touring the country in John's plane. John is an instrument rated pilot and has been flying his own plane since 1973.
Don't miss John's "The Business of Buying and Selling Homes (and properties)" FULL DAY workshop event on Saturday, October 30th at the Four Points Sheraton in San Rafael, CA.
For more information on the workshop, a workshop brochure and registration form please click here.
Meetings in 2003
Wednesday January 8, 2003
Two (2) Great Speakers and Topics of Discussion
# 1 - It’s a New Year - Where is the Real Estate Market heading?
Guest Speaker: Allen Cymrot
Allen Cymrot is the principal of Cymrot Realty Advisors, Inc. His real estate and Wall Street experiences blend to give him a rare, in-depth understanding of real estate and securities.
The first 20 years of Cymrot's career were spent on Wall Street, where he was a successful broker, manager and allied member of the New York Stock Exchange.
The past 25 years of Cymrot's experience have earned him a reputation as a nationally recognized real estate strategist, planner and expert. Some business highlights from his real estate experience are:
• Supervised the purchase and management of approximately $2 billion of real estate in major metropolitan areas of the United States.
• Served as chairman and director of the National Multi Housing Council, which represents the owners of the country's largest apartment holdings.
• Testified before both the Senate and House of Representatives as a real estate expert.
• Wrote two highly recommended books; Critical Real Estate Issues of the 90s;
Required Reading for Successful Investing & Street Smart Real Estate Investing; Allen Cymrot's Strategies for Increasing Your Net Worth along with more than 100 articles on real estate.
• Has made numerous radio and television appearances in addition to having conducted seminars to more than 50,000 people, ranging in experience from first-time owners to sophisticated investors.
# 2 – Information / Data Retrieval Tools for the Real Estate Investor
Guest Speakers: Melody Starr and Michael Veprin with DataQuick Information Systems
DataQuick has been a leading provider of real estate data solutions designed to enhance productivity and the decision making processes of real estate investors and lending professionals since 1979. DataQuick's intuitive Internet and Online marketing and research tools, coupled with their convenient software solutions, provides easy access to everything you want to know about one or more properties.
Their information searches include; private seller carrybacks, notices of default, notices of trustee sales and property sale comparables for the properties in question.
Michael and Melody are long time DataQuick associates and are heavily versed in all facets of real property information retrieval. Their discussion will cover two aspects of Real Estate Investing. # 1 locating privately held notes carried back by sellers and # 2 researching investment properties using the DataQuick databases. Questions will be most welcomed.
Wednesday February 12th, 2003
Bottom Fishing; How to buy houses cheap!
Guest Speaker: Bruce Norris
About our Speaker:
Bruce has twenty years of comprehensive experience in property acquisitions, negotiation, sales, and management. He has purchased and sold approximately $20,000,000 worth of real estate at bargain prices. He has authored and self-published several books and workshops including; Food Stamps to Fortune, The Sweat Equity System, Power Profits, and a remarkably prophetic 200 page report on the California Economy called The California Comeback. His workshops, speaking style, and expertise is readily apparent as his teaches California investors a variety of methods of buying Real Estate.
Streamline your efforts and increase your profits. Learn from the man who has deals finding him! How does he do that? By knowing how to implement the best buying system appropriate to the current economy.
Some of the Topics to be discussed:
Wednesday March 12, 2003
Tax Saving Strategies for the Savvy Real Estate Investor
Learn How To Legally and Ethically Hammer the IRS!
By John Hyre, Tax Attorney, Accountant, Real Estate Investor
Taxes are probably your #1 expense. I’d like to help you change that. As a tax attorney, accountant and real estate investor, I’m well equipped to do just that. On Wednesday, March 12th,2003, I will teach you how to legally and ethically lower your taxes. I will speak for approximately 1.5 hours on how I do it for my clients – ALL of whom are real estate investors. The speech will be full of substance, not sales hype. You will learn what the IRS is good at, what it’s not good at, and how to take advantage of both situations. You will learn how to squeeze the most out of depreciation, which entities are best for you and how to get the deductions you deserve.
With your indulgence, I will take just 5 minutes of the presentation to tell you why my BAWB sponsored Full Day, Saturday March 15th, workshop, The Real Estate Investors KISS Guide to Bookkeeping will save you far more than its cost. That’s it. Five minutes of crass marketing and 90 minutes of dead-on substance. You can’t help but make money by showing up!
Speaking of crass marketing, here is a description of why good bookkeeping is so important to your business:
Save on Professional Fees: Every year, I get clients who hand me shoe-boxes full of receipts, check-stubs, and the like. Or books that make less sense than Jane Fonda’s politics. Or well-organized records that still fall short of qualifying as “books”. These clients often pay as much- or more- to have their books properly completed as they do for tax returns or planning advice. Had these clients properly kept their books from the get-go, they’d have saved plenty in professional fees alone. Learn to keep the books and stop overpaying your tax preparer!
Get the Deduction, Avoid the Penalties: A much higher cost of poor records is incurred upon audit. The IRS’ #1 weapon is poor record-keeping by taxpayers. When audited, taxpayers with lousy records or substandard books lose billions of dollars in legitimate deductions every year. If taxpayers cannot prove what their income and deductions were, the IRS will determine such numbers for taxpayers. Here’s a big surprise (Not!): the IRS tends to guess high on income and low on deductions- and the courts usually back them up. To add insult to injury, taxpayers pay automatic penalties and interest for failure to keep adequate books and records. The best tax planning from the most expensive advisors are worthless if a taxpayer cannot convincingly and accurately demonstrate his income and deductions. Do the books right and get the deductions you deserve!
Get the Most (out of) Depreciation: Depreciation deductions give real estate a HUGE advantage over other investments. One way to maximize this advantage is to break out certain assets….instead of putting non-depreciable land on the books, record depreciable sidewalks, driveways, trees, fences and plumbing…and so on. While most investors are aware of this technique, very few of them actually know exactly how to pull it off. I will show you how. The tax savings on a $450,000 rental: $6,000 to $18,000 in today’s money.
Mind Your Business: Finally, and most importantly, the books tell the story of your business- that’s why they’re called “the books”. No matter how good your “gut feel” for your business’ performance, if your books are not properly kept, you do NOT know how your business is truly doing. It is inconceivable that a business owner could make informed decisions without knowing his business’ assets, liabilities and income. Taxes are moot if the business makes no profit due to poor or incomplete information. This material will allow you to track your real estate business on a per property basis. You will know exactly what you have in each property, and exactly how much you’ve made (or lost!) on each property. Knowing how each property is performing will sharpen your decisions and increase your profits!
Bottom line: Consistently good business can only flow from good information, and good information flows from good book-keeping. Lousy books increase professional fees and taxes- or make those expenses moot by killing the business altogether.
My FULL DAY workshop, The Real Estate Investor’s KISS Guide to Bookkeeping, will teach you to keep proper books using Intuit’s QuickBooks Program. My course will save your real estate business THOUSANDS of dollars. Read on:
For People Who HATE Accounting
Most real estate investors are far more interested in making money on RE deals than in learning the intricacies of tax law and accounting entries. This book is for you.
Most people learn best by example. So I’ve included lots of them in the workshop book. You still should read the text. But to help you put it all together, there are plenty of examples with numbers plugged in. Examples written in English, not “tax speak”.
Train Your Accountant
Most accountants have no clue when it comes to real estate investing. Most of the work that I’ve seen accountants perform for real estate investors is plain wrong. The advice given or bookkeeping provided often constitutes flat-out malpractice. It’s not their fault, they don’t know any better…but you can bet you’ll still get a bill. If an accountant keeps your books, he needs to understand how it’s done for real estate. Give your accountant my course materials and watch him get a clue. Talk about the gift that keeps on giving!
QuickBooks Saves You Time
This entire workshop course is geared towards using QuickBooks 2002 (sold separately). Using QuickBooks saves you lots of TIME, because the computer performs the tedious, time-consuming calculations and quickly summarizes relevant information for you. In addition, using QuickBooks eliminates the need to learn a bunch of traditional accounting tasks (e.g. - posting accounts, preparing a trial balance, etc.). The program is well worth the $170 or so that you will pay for it. If you already have an older version of QuickBooks, acquiring the 2002 version should run you approximately $80, because Intuit (the company that created the program) sends a hefty rebate for upgrades.
To reiterate: The workshop course is designed for the investor with little or no accounting, tax or QuickBooks knowledge. There are many different ways to do the same thing in QB. I tend to teach just one way to do things, over and over and over again. That keeps things simple and drives home the lesson for non-accountants.
Feedback & Questions
I’d like to think that my workshop manual covers most of the situations that you will run into. Unfortunately, given the breadth of the field, and plain human imperfection, there will inevitably be questions not answered in this course. To get feedback to me, and answers to some general questions from me, I have set up a Frequently Asked Questions (“FAQ”) board. Attending the workshop or buying the course gets the original buyer one year of free access to the FAQ board. Each original buyer of this course can email me their name, address and email for the site address and a password. Once I provide that information, the original buyer can participate in providing feedback and asking questions. I won’t answer every single question, but I will answer many of them.
Bottom Line: You can pay a reasonable and nominal sum to attend my Saturday FULL DAY March 15th, 2003 workshop now, or you can pay MUCH more when:
1) Your accountant quickly does the books at a high billing rate to squeeze out your return at the last minute;
2) The IRS figures your taxable income for you (it’ll be high!) and charges penalties and interest;
3) You miss out on the deductions that are your LEGAL right; and
3) You make the wrong decisions for your business due to incomplete information.
It’s your call…attend the Wednesday March 12th, 2003 evening meeting and Full Day Saturday March 15th, 2003 workshop, or pay much more later!
Wednesday April 9, 2003
Negotiations:Guest Speaker: Bernard “Barney” Zick
We all continuously negotiate-whether we know it or not.
How to Get More by Giving More…..A simple negotiating method that will show you how to get more of what you want while making the other guy feel they won.
Learn how to add thousands of extra dollars per year to your income by learning simple yet profound techniques to win the battle of trading concessions
Using real -life examples, Barney's concept goes beyond the popular Win-Win or Win-Lose negotiating strategy and shows how highly successful people easily negotiate their way through life--not by strong arm tactics but by giving more to get more.
About our Speaker:
Combine two key elements; education and experience with equal parts of humor and empathy, and you create a blend that has made "Barney" Zick one of the most sought after Real Estate educators in America.
This promises to be a great meeting – Don’t Miss it!
Barney will also be conducting a Full Day Saturday April 12th, 2003 workshop titled:
"Getting Started"
32 Millionaires avoided "The BIG MISTAKES" that could have cost them their fortune! Will you?
A powerful information filled full day workshop with Bernard "Barney" Zick.
Click Here for more information on this workshop.
Wednesday May 14, 2003
Two (2) Great Speakers and Topics you don’t want to miss!
Cynthia Stringer:
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Cynthia Stringer, Founder in 1990 of Success By Design, is an Executive Coach and inspiring educator and networker. She is known as the network expert. She has worked with a diverse array of executives and business owners over the past 10 years; serving over 10,000 people. She is known for her ability to assess situations quickly and efficiently and design with her clients a constructive and powerful plan of action. Clients and workshop participants report feeling more clarity, motivation and confidence leading to comprehensive and effective results.
Ms. Stringer specializes in unique and powerful marketing strategies, leadership development, work-life enjoyment, presentation management, career enhancement and Character Development. Her style is direct, intuitive, and comprehensive. She engages various styles of learning to facilitate your results.
This presentation is designed to provide context, information and inspiration to challenge you to secure or enhance your ideal wealth generation goals in these unique economic times. You will explore and learn proven strategies to assist you with your confidence, momentum and personal contacts. Interactive and engaging exercises will be provided along with handouts with further explanation. You can learn more about her here: graceful style she'll inspire you to think and act differently. You may learn more about Cynthia Stringer here.
Learn the 7 principles of effective and profitable relationship building for business project acceleration. Develop strategies which bring investors, resources and opportunities. The concept of life long networking and relationship design will be explored.
Key objectives:
Participants frequently request tips on how to network more
effectively - learn the concept of quality verses quantity. Focus on valuing your time and that of others.
Mary Morrongiello – Discusses “How to Write an Offer”
Mary will walk you through a Purchase Contract one paragraph at a time while providing amusing and informative antidotes. She will also discuss the ways to handle objections to “creative offers”.
Wednesday June 11, 2003
Learn How to Get Banks to Accept Foreclosure Short Sales
NO EQUITY = BIG BUCKS
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Don't Miss!
The story of how two single ladies made a
Fortune in Foreclosures
On Wednesday, June 11th, Dwan Bent-Twyford & Sharon Restrepo will be the featured speakers at our regular monthy meeting. With over 15 years combined experience, this dynamic duo will amaze you with their knowledge of the foreclosure business as they show you how to make big profits—fast—by getting banks to accept less than what is owed!
“LET OUR NO EQUITY SHORT SALE SYSTEM WORK FOR YOU”
• Learn how to “short sale;” properties by negotiating with banks and put thousands of dollars in your pocket!
• Hear how one of Dwan & Sharon’s students turned a $10 deposit into $25,000 cash in less than 30 days from a $40 advertisement!
• See how another student mailed 100 postcards and bought THREE foreclosures his first week!
• Learn how a student got the bank to accept 50% of what was owed—and made over $40,000 profit!
• See how Cathi got a $70,000 “short sale” accepted!
• Discover how to get Freddie MAC to accept “short sales”!
• Hear how a new student earned $7,800 from a deal they passed on just one week earlier!
LOOK WHAT FOLKS ARE SAYING ABOUT THIS INCREDIBLE TRAINING SYSTEM…
Elizabeth R. Northern Florida… “I’ve listened to a lot of tapes and read a lot of books on how to do this stuff, but this weekend has been by far the best information I have ever received!”
Glendon R. Fort Lauderdale, Florida… “Dwan and Sharon have done an excellent job at explaining the foreclosure process and other related topics. Real estate investing is new to me and I felt really comfortable in the class. Their explanations were very clear. I’m ready to get started!”
Steve W. Nashville, Tennessee… “Dwan and Sharon were amazing. Their techniques work nationwide and I can’t wait to get started when I get home from the boot camp. This week was by far the best investment I have made. I liked the beach, too.”
Don M. Fort Lauderdale, Florida… “I appreciate the opportunity to learn about this business from charismatic and ethical people like Dwan and Sharon,- wish I would have met you sooner!”
The Dynamic Duo of Foreclosures
Dwan and Sharon learned the foreclosure business the old-fashioned way, by knocking on doors. Dwan's motivation to become an investor came out of sheer desperation. She went through a divorce and found herself a single mom not wanting to raise her child in daycare. She needed a career that would allow> her the freedom of working from home and raising her daughter at the same time. Investing in foreclosures was the perfect solution. She made $22,000 her first deal and never looked back.
Sharon was a real estate paralegal who loved the real estate business, but disliked her boss. She just could not imagine herself going to work day in and day out, until retirement age. She sat by and watched her boss become rich investing in real estate until she couldn't take it any longer. It was time to take a leap of faith. She quit her paralegal job, bought her first foreclosure, and has been loving life since.
Together they successfully handle every aspect of buying, rehabbing, marketing, and financing foreclosure and distressed properties.
In a world dominated by men, these amazing women have certainly made their mark buying, rehabbing, and successfully selling real estate for almost a decade. Their niche is finding foreclosures with no equity, negotiating with the banks to accept less than what is owed, thus creating a "Short Sale." Their goal is simple_to teach you how to become a "superstar investor" using their proven techniques, strategies, and concepts.
When they are not busy running the Florida Real Estate Investors Association or buying-up South Florida, they spend their time teaching their highly successful four-day boot camp: The Foreclosure Fortune Hunt.
Join these exciting ladies on Wednesday, June 11th at our regular monthly meeting.
Topic: Why I own Rental Investment Property?
Don’t miss this informative meeting as we will have a panel of your peers, local Bay Area Investors, share with us their thoughts surrounding their rental property investments.
Some topics to be discussed:
Where have I invested and why?
What is my overall philosophy in acquiring and owning Rental Investment properties?
What type of property do I favor or look for and why?
What type of financing do I look for?
How have these properties realistically performed and what is the real truth about the so called “thrill of management”?
If I was just starting out again today what would my game plan be?
What are my current and future thoughts about the marketplace and the investment potential for Rental property?
If you have questions, fears, concerns, or just some nagging questions you simply have to get off your chest, our distinguished panel will field questions at the end of the program.
Remember Financial Independence is achieved through Education – join us this month for some wonderful discussion.
Wednesday August 13th, 2003
Guest Speaker: Jay P. DeCima, "Fixer Jay"
“Fixer Jay” returns to discuss
"SHARE THE WEALTH - SMALL PARTNERSHIPS"
You’ve found a deal, but lack the financial resources to put it together OR
You have the financial wherewithal but can’t seem to find profitable opportunities. Don’t miss this session where Jay will discuss various ways to leverage your resources into making deals happen. Equity sharing, options, “Sweat equity”, and using your investment of time and expertise to create transactions will be explored and discussed.
About our Speaker:
Don’t miss this opportunity to listen to this seasoned “Old Timer” and the wisdom he shares with Real Estate investors around the country.
Jay P. DeCima, known to many as "Fixer Jay", is a seasoned real estate investor with more than 40 years of hands on experience; nearly half that time has been devoted to Jay's specialty - fixing-up rundown houses and adding value. In 1980, Jay quit his 23K-year telephone job to pursue real estate investing full time. Today, Jay is widely regarded as the undisputed king of fixer-upper houses on the national teaching circuit. He spends a great deal of his time overseeing his 200 house empire in Redding, California, and writing about his experiences.
Since Jay's favorite recreation is the same as his day to day activities. He always enjoys sharing his knowledge with the various investor clubs around the country.
Wednesday September 10th, 2003
Topic: “Savvy Real Estate Tax Strategies under the New Bush Tax Law”
Guest Speaker: Dennis Kamensky
Dennis Kamensky had been a tax accountant for 30 years. Through his real estate investments he was able to retire early and continue as a real estate investment consultant. Today, together with his wife Susan (who has her own tax practice), they work with clients to develop strategies to pay less taxes and increase their wealth though real estate investing. Their specialty is the Tax Advantages of Real Estate, and Small Businesses.
Dennis is the author of the books, “Women and Taxes”, “Winning On Your Income Taxes”, and the software programs “Hyper Tax,” and “Tax Tutor Plus.” He has also appeared on over 250 radio and TV shows including Larry King and Good Morning America. He has been a regular guest on KGO radio, and most Bay Area radio and TV programs.
Here is what you will learn:
Plan on being with us for this informative meeting….
Wednesday October 8th, 2003
Topic: Purchasing Real Estate with your Self-Directed IRA
Guest Speakers: Thomas W. Anderson and Patrick W. Rice
Don’t miss this unique opportunity to learn more on investing in real estate using IRA qualified funds from two of the most experienced guys in the field!
The topics will include a review of possible real estate investment options: the "do's and don'ts" of investing to avoid prohibited transactions; note and loan servicing for first and second mortgage investing; success stories and many practical examples of successful and effective real estate investing.
About the Speakers:
Tom Anderson is the President and CEO of PENSCO Trust Company, the leader of Self-Directed IRA custodians. PENSCO has specialized in the administration of real estate investments and private placements for over fourteen years. For more information on PENSCO, go to www.PENSCO.com.Pat Rice is the owner of IRA Resource Associates and has more than 22 years of experience with commercial real estate. He has recently published “IRA Wealth” the first book that thoroughly discusses Real Estate in your IRA. For more information on Pat Rice and IRA Resource Associates, go to www.IRAResource.com.
Wednesday November 12th, 2003
Topic: Equity sharing, Asset Protection and Investor-suited Real Estate Brokerage Services
Guest Speaker: Marilyn Sullivan
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MARILYN SULLIVAN, attorney, real estate broker and author will spend the evening of November 12 with us sharing her wisdom on equity sharing, asset protection and investor-suited real estate brokerage services. Marilyn’s new book The Complete Idiot’s Guide to Success as a Real Estate Agent will be released by Penquin-Putnam in Nov. 2003.
Marilyn is the national expert on equity sharing, having written two books on the subject and facilitated thousands of transactions nationwide, including direct real estate purchases with retirement funds. She is also an advocate of asset protection as a way of legally insulating assets from liability and reducing estate taxes at death. Finally, Ms. Sullivan will share information on the real estate brokerage services she has customized to real estate investors. Marilyn practices real estate law and real estate brokerage in Ross, California. She also gives weekly free seminars on these subjects in Marin County. See the schedule on her web site at www.msullivan.com/seminars/index.html.
Equity sharing is a popular method of co-owning property. Its traditional format is an investor who puts up the down payment funds and an occupier who lives in the property and pays its expenses. The Investor and Occupier are on title and share the property’s tax benefits and appreciation. Other formats gaining popularity are retirement account owners directly purchasing real estate with other retirement account owners. The equity share format is basically co-ownership of real estate hand-tailored to fit any situation. See www.msullivan.com/equity_sharing/index.html for more information.
Asset Protection is something every real estate investor should implement. Ms. Sullivan will explain how she has simplified and developed workable asset protection plans designed to accommodate the needs of each person to both reduce estate taxes and insulate assets from taking. Now, with the ever-present threat of lawsuits, business losses brought about by dot.com and stock market reversals, and an increase in divorce and government regulation, everyone should be aware of the need to protect their assets. And with the estate taxation laws in a state of flux, most Americans are wise to implement an asset protection plan to reduce the value of their assets for estate taxation purposes. Learn about the Asset Segregation plan whereby your assets are segregated and sheltered and then transferred to your living trust. Go to www.msullivan.com/asset_protection/index.html for information on this important subject.
To learn more about the Investor customized real estate brokerage services she provides, go to www.msullivan.com/for_sale/index.html.
We are pleased to announce that Ms. Sullivan has joined our organization as a preferred vendor under the category of attorney and real estate broker.
Wednesday December 10th, 2003
This is our final meeting of the year!
This was judged by our members to be one of the BEST meetings we had all of last year. It's a great way to learn what others are doing, the genesis of their individual transactions, and more importantly where the profit centers are…you'll be amazed at how many different perspectives to doing a deal there are.
This also will be a great meeting to get to better know your fellow attendees. Come join us for a festive time of the year meeting that will feature some refreshments and Holiday cheer in an open forum setting.
Do you know of a BAWB member who did a Killer deal this past year?
Nominations are encouraged for our annual "BAWB 2003 Deal of the Year" awards.
The nominees will tell us their "deal story" which promises to be informative and fun. It's been an incredible year filled with change, tough lessons, and successes. We hope some of you will share a hard lesson or success from the past year
Workshops in 2003
Saturday March 15th, 2003
FULL DAY WORKSHOP
Learn How to Legally and Ethically Hammer the IRS
AN INTRODUCTION TO THE REAL ESTATE INVESTOR’S “KISS” GUIDE TO BOOKKEEPING
For Workshop Details, a Brochure, and Registration information please Click Here. (requires Adobe Acrobat)
See what others have said about this Workshop; For Testimonials & Feedback: click here
Saturday April 12th, 2003
FULL DAY WORKSHOP
"Getting Started"
32 Millionaires avoided "The BIG MISTAKES" that could have cost them their fortune! Will you?
A powerful information filled full day workshop with Bernard "Barney" Zick
Sponsored by BAWB
If you start without a plan, and if you start without knowing what could go wrong with some of the suggested approaches to building wealth, you might waste years to only end up financially worse than where you started.
Do what 32 successful real estate millionaires did, start out by hearing BERNARD ZICK! Don't miss this opportunity!
For Workshop Details, a Brochure, and Registration information please Click Here. (requires Adobe Acrobat)
Saturday October 18th, 2003
FULL DAY WORKSHOP
"Reap What you Sow in 18 Short Months"
Learn how you can Maximize the next 18 months and profit using little of your own money...
A powerful information filled full day workshop with Bruce Norris
Learn from Bruce how to “talk the talk and walk the walk” in speaking to; People in Foreclosure, Brokers, Lenders, Ad Calls, Mailer Responses, Property Managers, Lawyers & Fellow Investors.
Sponsored by BAWB
For Complete Workshop Details, a Brochure, and Registration information please Click Here. (requires Adobe Acrobat)
Meetings in 2002
General Monthly Meeting for February 20th, 2002:
"Show me the Money!"
Our Guest Speakers:
Whether you're just starting out, or have a lot of experience under your belt, access to quick cash funds is often of paramount importance in successful negotiations of below-market transactions. With the right deal structure, you will never experience a shortage of funds.
Visit with us and learn from our two money experts about how some creative investor loan products along with "hard money" programs can become easy money to facilitate yours deals.
Wednesday March 20th, 2002
Jon Richards -Topic: Evaluating Income Properties
There are a number of variables that must be investigated and reviewed before making the decision to invest in an income producing property. Regardless of whether your considering individual rental homes or multiple rental units understand the fundamentals of income property investments.
About Jon Richards
A licensed Real Estate Broker, long time Real Estate investor and an expert in finding, appraising, buying and brokering discounted notes and mortgages. He is the professor and tenured instructor of Real Estate at the College of Alameda in California and has been at the College since 1973. He is considered an expert in the mathematical calculations of cash flows and the author of the best selling book in the industry: Calculator Power and More Calculator Power.
He has published articles in many real estate related journals and is a regular columnist for Creative Real Estate magazine.
Also at March's meeting:
Mary Morrongiello - Topic: Anatomy of a Bay Area Fixer Upper Deal
Relatively new to the Bay Area Real Estate scene, Mary acting as her own "GC" General Contractor has completed a remarkable numberl of profitable fixer upper projects to date. Join us as she shares with us pointers surrounding various design concern issues, what materials to choose from or use, cost cutting measures to consider, the human resource element, and how to get a project completed on time.
About Mary Morrongiello
She relocated with her family from Florida to the Bay Area approximately 3 years ago. She has an extensive background in Real Estate mortgage financing, having run a Florida based statewide mortgage lending operation for over 12 years and was the creator and instructor for the popular "fundamentals of mortgage loan brokering" seminar series.
She thoroughly enjoys renovating run down, "fixer" houses not only for the profits that can be realized but also because it allows her the opportunity for creative decisions to be made in formulating exactly what can and cannot be done to make a property marketable and attractive to prospective retail buyers.
Wednesday April 17th, 2002
Guest Speaker: Peter Fortunato
"That can't be done here…"
Often we hear this statement from folks who live and invest in California. However there are certain fundamental negotiating and investment techniques that are universal regardless of your location.
This month's featured speaker is Peter Fortunato. Nationally known as an expert in using Real Estate creatively coupled with "paper" to formulate profitable Real Estate Transactions for the buyer, seller, and investor.
Learn how to create Transactions, Income and Wealth.
Discover negotiating techniques and paperwork which make the numbers work and allow for deals to happen.
Visit with us and learn from one of the Masters on how to "Construct" Deals. Hear Pete's clear, patient explanations, and practical insights. You Do NOT want to miss this month's meeting, plan on being with us!
Pete's wonderful Real Estate Acquisition Course is in Anaheim, CA April 20th & 21st
Wednesday May 15th, 2002
Guest Speaker: Michael T. Morrongiello
Topic:
The Unity of Real Estate & "Paper" - Make the Profitable Connection!
About our Speaker:
Michael T. Morrongiello is an active investor who specializes in Real Estate & Real Estate "Paper" investments. He has bought, sold or held for investment multiple properties in several states and thousands of Real Estate secured Mortgages securing all types of residential properties, apartments, mobile home parks, office buildings, development land, businesses, and commercial property, in every state in the Union from Alaska to Hawaii and Florida to California. His tips, tricks, and traps articles appear in industry publications like the American Cash Flow Journal, the Paper Source, Noteworthy Newsletter, Real Estate Link, and Creative Real Estate, and he has also appeared in the Wall Street Journal.
His family and he recently re-located to the "Valley of the Moon" wine country region of Sonoma, CA and the greater San Francisco Bay Area which generally is considered to be one of the most expensive housing regions in the nation. He continues to implement creative money making techniques even in this region.
Having run a mortgage lending operation in the past, along with dealing in both Real Estate and Mortgage investments, he strongly believes in the powerful Unity that exists which allows solutions to be generated when Real Estate opportunities are creatively coupled with "paper".
Note: We also have a "Unity of Real Estate & Paper" full day workshop scheduled for Saturday May 18th, 2002 from 8:30 Am to 4:30 Pm Cost is $79.00 for Members, $99.00 Non Members only if pre-registered. Otherwise $119.00 at the door the day of the workshop.
ALSO This Month:
Topic:
Landlord / Tennant Laws in the Bay Area - Tips, Tricks, Travesties
Speaker: Karen Y. Uchiyama, ESQ
About our Speaker:
Karen is a Bay Area attorney who is also a property owner and landlord. Her practice places a strong emphasis on Landlord representation. Join us in Learning more about some of the legal Do's and Don'ts, along with the In's and Out's involving Bay Area property management laws, evictions, Breach of lease covenants, In Law units, Habitual late or Non payment of rent problems, rent control, and other related issues. If you currently manage property, plan to manage property, or pay someone to manage your property - Know your rights!
Wednesday June 19th, 2002
Guest Speaker: Bruce Norris
Topic:
Making Power Property Profits with Buying Systems - Learn how to make money in any market by using the right buying system!
About our Speaker:
Bruce has twenty years of comprehensive experience in property acquisitions, negotiation, sales, and management. He has purchased and sold approximately $20,000,000 worth of real estate at bargain prices. He has authored and self-published several books and workshops including; Food Stamps to Fortune, The Sweat Equity System, Power Profits, and a remarkably prophetic 200 page report on the California Economy called The California Comeback. His workshops, speaking style, and expertise is readily apparent as his teaches California investors a variety of methods of buying Real Estate.
Streamline your efforts and increase your profits. Learn from the man who has deals finding him! How does he do that? By knowing how to implement the best buying system appropriate to the current economy.
Some of the Topics to be discussed:
Wednesday July 17th, 2002
Two Great Speakers and Topics ! - Come Join Us!
Guest Speaker: Always entertaining with his straightforward practical tips speaking style, Attorney Al Seastrand
Topic: A Visit to California's "Foreclosure World"
About our Speaker:
Al Seastrand is a Sacramento area attorney specializing in real property title and foreclosure matters. His clients include individuals, investors, mortgage and real estate brokers, financial institution, attorneys, and other professionals who require assistance in real property matters. He also serves as a trustee for mortgage holders who want to foreclose. His work also includes assessing properties with title problems.
In addition to his legal practice, Mr. Seastrand is a Real Estate Broker and State-licensed General Contractor with 25 years of experience in the Sacramento area. Since the late 1970's, he has purchased and sold over 100 properties locally, handling the renovation of numerous distressed properties. Mr. Seastrand was featured in news stories in the Sacramento Bee and San Francisco Examiner after he secured title to five properties valued at over $500,000 for a $2,000 bid he made at the Reclamation District 1000 Lien Sale in Sacramento.
ALSO Featuring:
Guest Speaker: Thomas K. Standen, North American Loan Servicing
Topic: The Truth about Note and Contract Servicing
Some Issues to be discussed and covered:
About our Speaker:
Thomas K. Standen, Corporate Executive Officer of NORTH AMERICAN LOAN SERVICING is one of the Founding Directors of the California Trust Deed Brokers Association. As Past Vice President of this prestigious organization, he also sat on the Board of Directors as Legislative Co-chairman, representing the organization at an advocacy level at the State Capital in Sacramento.
In addition to his position with North American Loan Servicing, he is the President, organizer and founder of California Equity Management Services and Equity Holding Corporation involved in the management of the Land Trust. His experience covers a wide spectrum of Real Estate Finance including the operation and management of California Equity Investors, LLC, a Private Mortgage Pool invested primarily in the financing of "bridge loans" for Developers.
Tom is a man of vision with enormous entrepreneurial skill and ability. He has been involved in the Real Estate and Mortgage Industry since 1976.
A frequent speaker at the Noteworthy, American Cash Flow and National Council of Exchangor Conventions, Tom's articles have appeared in several Cash Flow Publications.
Tom attended the University of California at San Diego and is a graduate of the FBI National Academy. He holds a lifetime teaching credential and has a background of over 20 years in Law Enforcement both in Command and Administrative Positions, retiring in 1979 as an Area Commander with the California Highway Patrol.
Wednesday August 21, 2002
Guest Speaker: Jay P. DeCima, "Fixer Jay"
"Making BIG Money Fixing Up Ugly Houses"
About our Speaker:
Jay P. DeCima, known to many as "Fixer Jay", is a seasoned real estate investor with more than 40 years of hands on experience; nearly half that time has been devoted to Jay's specialty - fixing-up rundown houses and adding value. In 1980, Jay quit his 23 year telephone job to pursue real estate investing full time. Today, Jay is widely regarded as the undisputed king of fixer-upper houses on the national teaching circuit. He spends a great deal of his time overseeing his 200 house empire in Redding, California, and writing about his experiences.
Since Jay's favorite recreation is the same as his day to day activities. He always enjoys sharing his knowledge with the various investor clubs around the country. The two most frequently asked questions: How much are the profits? And how long will it take to become financially independent? According to Jay, the answers will vary, but the faster you can educate your self, the more profitable this business becomes!
Plan on joining us to find out which kind of properties earn the biggest profits and why. Hear Jay's valuable tips, tricks, and traps to avoid and learn from his vast experience fixing ugly houses for money.
Note: BAWB is sponsoring a Full Day "Making BIG Money Fixing up Ugly Houses" Workshop Saturday August 24, 2002 with "Fixer Jay" DeCima. Seating will be very limited, so pre-register early to avoid disappointment. Only if pre-registered, the cost for BAWB members and paid "Trade Secrets" subscribers is $129.00. Cost for all others, including at the door registrations, is $149.00 (space available on a first come basis). Click here to view a workshop brochure which can be printed for registration purposes. (Requires Adobe Acrobat).
Wednesday September 18, 2002
Guest Speaker: Richard Desich
Self-Directed IRAs for the Real Estate Investor:
Your Knowledge + Your Expertise = Your Profits… Earned Tax Free with the use of government sponsored retirement plans.
One of the greatest (and least known) tools available to real estate investors are government sponsored retirement plans. Most real estate investors believe that their only IRA investment options are bank CDs or the stock market. Very few realize that they have the option to truly self direct their IRAs in areas where they have knowledge and expertise such as real estate.
Topics to be discussed in the presentation include:
About our Speaker:
Mr. Desich is a general principal at Mid Ohio Securities; one of the nations leading self directed IRA custodians. He has spoken to numerous real estate investor groups around the country about the benefits of real estate IRAs. Mr. Desich is a graduate of the Culver Military Academy and the Ohio State University, and holds several professional licenses with the NASD.
Wednesday October 16, 2002
Guest Speaker: Lisa Moren
Soup to Nuts - The Seminar for the Serious Real Estate Investor
Brand new for 2002, Lisa Moren, an expert on Real Estate investing will share her marketing and business strategies to help you find, finance, hold, sell and manage your real estate investments. With the changes in the economy, this interactive hands-on session is a must for anyone trying to get ahead in today's real estate marketplace.
Here is a sampling of what topics will be touched on:
Also in October:
Saturday October 5, 2002
BAWB is proud to sponsor a full-day workshop:
Peter Fortunato's Fundamentals of Transaction Making- This extremely valuable course is limited to no more than 50 attendees. Click here to view a workshop brochure which can be printed for registration purposes. (Requires Adobe Acrobat).
Wednesday November 20, 2002
Two (2) great speakers and subjects to be discussed - Don't miss this discussion.
1) Title Insurance - The mystery unraveled
Some say don't buy a property without it!
What really is title insurance?
Why should a buyer or lender purchase title insurance?
What is the difference between a CLTA policy and an ALTA policy?
What coverage do these policies provide?
Is a policy of title insurance really enough - should additional coverage (policy endorsements) be purchased also?
What you absolutely must know and understand when reading a preliminary title report.
Our speaker is:
Mark Shepherd, Vice President and Underwriter for Old Republic Title Company in the San Francisco, CA office
Mark is both knowledgeable and experienced in all title insurance matters. He has worked in the title insurance industry for the past 24 years, the last 12 years with Old Republic Title Company. During his 24 years in the title industry, Mark has held the positions of title examiner, title officer, chief title officer, title department manager, joint plant
manager, escrow branch manager and underwriter. Mark regularly speaks on title insurance topics.
2) Foreclosure and Related Title Insurance Topics
Foreclosure trends - Where are they? Are foreclosures up or down?
What gives the beneficiary the right to foreclose?
Does notice have to be given before starting a foreclosure action?
How long must a breach in the Trustor's obligations exist before the beneficiary starts a foreclosure action?
Judicial foreclosure vs. Non judicial foreclosure a/k/a "Trustee's sale"
What is the Non judicial foreclosure process (i.e., what are the steps, how long does it take)?
Bidding at a trustee's sale. Surplus proceeds - what are they and who is entitled to receive them?
The trustee's sale guarantee ("TSG") - What is it?
What you should know when reading a TSG.
Bankruptcy - How does it affect the foreclosure process?
What is a short payoff and short sale?
What information is available to someone interested in purchasing distressed Real Estate notes or Real property in foreclosure?
Our speaker is:
James "Jim" A. Nordell, assistant vice president and Manager of Old Republic Title's Default Service Center, which provides foreclosure services anywhere in California, Arizona and Nevada.
Jim is currently a member of RMA (Risk Management Association) and serves on the Board of Directors of RMA - Sacramento Chapter.
For almost 20 years, Jim has managed and worked in the foreclosure industry. Jim's knowledge and experience are best characterized by his accomplishments, which include the following: past President of California Trustee's Association ("CTA") Capital Region Chapter; past member of the State Board of Directors of the CTA; former Vice Chairman of the CTA Political Action Committee; former editor of the California Trustee's Association Newsletter; expert witness in court litigation, testifying in regard to both Non judicial foreclosures and title insurance matters; researcher, preparer and editor of technical materials for seminars on foreclosure topics, speaker on foreclosure topics - making presentations to lenders, law firms and real estate trade organizations including RMA and SBA; and co-author of the 1989 California Department of Real Estate publication entitled "Trust Deed Investments - What You Should Know."
Wednesday December 18, 2002
This is our last meeting of the year. This will be a great meeting to get to know your fellow attendees. Come join us for a festive meeting that will feature some refreshments and Holiday cheer in an open forum setting.
Do you know a BAWB member who did a Killer deal this past year?
Nominations are encouraged for our first annual "BAWB 2002 Deal of the Year" award.
The nominees will tell us their “deal story” which promises to be informative and fun. Its been an incredible year filled with change, tough lessons, and successes. We hope some of you will share a hard lesson or success from the past year.
Workshops in 2002
Saturday August 24, 2002
"Making BIG Money Fixing Up Ugly Houses"
Jay P. DeCima, "Fixer Jay"
BAWB is sponsoring a Full Day "Making BIG Money Fixing up Ugly Houses" Workshop Saturday August 24, 2002 with "Fixer Jay" DeCima. Seating will be very limited, so pre-register early to avoid disappointment. Only if pre-registered, the cost for BAWB members and paid "Trade Secrets" subscribers is $129.00. Cost for all others, including at the door registrations, is $149.00 (space available on a first come basis). Click here to view a workshop brochure which can be printed for registration purposes. (Requires Adobe Acrobat).
Saturday October 5, 2002
BAWB is proud to sponsor a full-day workshop:
Peter Fortunato's Fundamentals of Transaction Making- This extremely valuable course is limited to no more than 50 attendees. Click here to view a workshop brochure which can be printed for registration purposes. (Requires Adobe Acrobat).
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