Curious About 'No Money Down' Deals?
Then you'll want to attend our Sept. 23rd main meeting! You'll learn all about creative finance deals.
Register for either the...
Live, in-person meeting at Woodhaven Country Club
or the
Virtual, livestreamed version of the event (Zoom call)
Creative financing includes a number of bank-less strategies, among them:
- Seller financing (aka seller carryback) — having sellers "be the bank" themselves and sell you their houses on payments
- Subject-to, in which investors step in and take over making a seller's mortgage payments
- Investing using your IRA
- Lease options
Many KREIA members who are successful today were broke when they started out — or were cautious in committing their capital — and used creative strategies to launch their rental portfolios. Whether you're a brand-new investor or a longtime landlord, you will learn new techniques you can add to your investor toolkit.
For our September 23rd main meeting, we've invited four well-known local investors who've benefited from using creative financing strategies.
Learn from Chris McCarty, Dennis Erhard, Jay Long and Darin O'Neil. They're going to share stories from their background in investing (more than 100 years' combined experience!) and answer your questions. Including this one, which has probably occurred to you:
Why in the world would people sell their houses to someone who doesn't put money down?!
You know, that's a very good question! Please register for either the live, in-person event at Woodhaven or for the Zoom call to hear some very good answers!
Video and Photos From Aug. 31's L.O.T.S. Event
We had technical difficulties livestreaming from August 31's L.O.T.S. event with Diamond Shirley-Alexander in Newburg. So if you attended on Zoom, or wanted to, please check out the video and photos Alexis Fentress shot from the site.
You'll be able to hear Diamond's presentation to the KREIA crowd, see photos from the interior (including some "before" photos, so you can see how far the house has come), along with a shot of Diamond's numbers sheet showing how much she's spent rehabbing this BRRRR deal into a rental — and what her cash flow looks like.
The video and photos are posted in KREIA's Private Facebook Group:
All KREIA active members are allowed entry into the Private Facebook Group. Not yet in the group? Please go here and click the Join button.
Besides viewing exclusive photos and footage from KREIA events in our Facebook Group, you can also go there to ask questions, share tips, and see deals posted by wholesalers.
Supreme Court Blocks Eviction Moratorium
In a decision late Thursday evening, August 26, the U.S. Supreme Court blocked the CDC from enforcing a federal moratorium on evictions that was recently reinstated by the Biden Administration.
CNBC called it a defeat for the Biden administration’s efforts to continue the eviction moratorium despite an earlier signal from the court that the government lacked the proper legal basis.
According to the The Wall Street Journal, in the unsigned opinion, the court’s conservative majority said the temporary eviction ban exceeded the CDC’s authority to combat communicable diseases, forcing landlords to bear the pandemic’s costs.
Read more at:
Full Replay: Beginning Investors Workshop
If you're a new investor who has questions about what it takes to get started in real estate, you'll find a lot of answers by watching the replay of June 26th's Beginning Investors workshop.
KREIA teamed up with NAREB and Master Builders Academy to present a free workshop to the public, and we're making the video free to view via our public Facebook page.
You'll hear from KREIA members George Foree, Marcus Britton, Donnie Adkins, and Frank Miller — plus experts from NAREB and Master Builders Academy — on how they got started in real estate and what strategies they use today. You'll hear about how they flip houses for quick cash and build portfolios of rental properties to create financial freedom and build generational wealth.
You will learn so much — about how to buy houses with little of your own money, how to buy vacant houses from the city, and more.
Thanks to board member Hampton Scurlock for emceeing and Alexis Fentress for recording and livestreaming the video!