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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

Is it S.A.F.E….?

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 originator’s 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.