With REIC of L.A.
being the largest & most trusted real estate investors
club on the West Coast, our General Monthly Meetings have
an average attendance of 200-300 investors who come together
to network, get introduced to various real estate related
vendors and learn about hot real estate topics from our monthly
speakers.
Come early so you
will have ample time to schmooze and network with your fellow
Investors and vendors from various real estate services &
opportunities, as they host vendor tables for our "mini
trade show". We make it easy for you to meet the business
experts that can serve your unique real estate investors needs!
When you attend, you'll also be able to take advantabe of
our amazing raffles for investing courseware - often worth
more than $1,500.
Come to an REIC
of L.A. General Meeting and create your network and support
group that will help make you successful today!
I
recently attended one of your club meetings and was extremely
pleased with the level of operation and the guest speaker.
It was honestly one of the best and most sincere real
estate investment meetings I have ever attended. Everyone
I spoke to thinks very highly of you and your club. It
is very apparent that you are a woman of strong moral
character, a trait that is rare in your industry. I am
amazed and inspired by your unselfish devotion to train
and motivate your members to achieve financial freedom
through real estate investing. Thank you very much. – Antonio Crutchley
All
general meetings take place the 2nd Tuesday of every month.
Our next meeting date is listed below.
Members admitted free - Non-Members pay only $29 per person
at the door.
Networking and check-in begins at 6:30 pm. Meeting begins
at 7:30 PM
September
General Monthly Meeting
Radisson
Hotel
6161 W. Centinela Ave. - Culver City, CA 90230
310-649-1776
Tuesday September
14th, 2010
Networking
and check-in begins at 6:30 PM
Meeting begins at 7:30 PM
Phyllis
Rockower
President & Founder REIC of LA
REIC
of LA's September Meeting
Michael
Morrongiello
How to always offer owner financing on your deals
and sell them FAST
Michael
Morrongiello
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.
For over 20 years, he has conducted business 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 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.
Every
Real Estate Investor should have an understanding of
the power of being able to couple Real Estate Transactions
with Real Estate "Paper" and financing techniques.
By combining Real Estate acquisition & disposition
techniques with Real Estate "paper" you have
the ability to out negotiate, outmaneuver, and outsmart,
much of your competition.
Here
are a few of the topics that will be covered:
Buy
for Cash and Still Get Terms. Selling fast with Limited
fees or closing costs.
Getting Top Retail prices in Weak Markets.
How to sell your property fast and for top
dollar--often in just 30 days or less
How to stop relying on "traditional"
institutional mortgage programs
The new S.A.F.E. Act
The SAFE Act (The Secure and Fair Enforcement for Mortgage
Licensing Act www.snipurl.com/safeact) is Title
V of the 700-page Housing and Economic Recovery Act.
It prohibits anyone except a person selling their primary
residence from taking back a mortgage on a residential dwelling
(SFR or 1-4 units) without a mortgage originators license
unless they sell to a direct family relative. That means real
estate investors, vacation home owners, people who own a vacant
residential lot and even heirs will have to be licensed to
take back a note in almost all cases.
Learn what this means to you and whether or not it is S.A.F.E.
and some of the techniques you might consider to get around
its restrictions.