March 2021 Full Meeting Replay: The Guide to Wholesaling in 2021

March main meeting with Vena Jones-CoxEveryone knows that wholesaling is the quickest and easiest way to put cash in your pocket in the real estate business.

The problem is, most people don't actually understand what it really takes to do wholesale deals in today's seller's market.

Vena Jones-Cox does, because she wholesales a deal about every 12 days, and she's been doing it for over 2 decades in hot markets and cold. She shared her in-the-trenches experience with us at our March 25th main meeting, showing us how to put $10k in our pockets in 30 days.

She talked about how wholesaling works today — it's a very different business from what it was even a year ago — and what you need to do to get started right now. She also described which properties in which areas make for the most profitable, easiest-to-sell wholesale deals, and which you should avoid because they're huge time-wasters.

In the early meeting, attorney Chris Wakild taught us about how the tax lien investing process works here in Kentucky.

In all you'll find over 4 hours of real estate instruction, real estate talk and Q&A. Watch this members-only video. (You'll need to be logged in as an active KREIA member to see it.)

Family Eviction Ordinance Passes

Real estate attorney Michelle Rawn has notified us that, on April 22nd, Louisville's Metro Council passed an ordinance designed to help families facing eviction.

If the tenants have children, the ordinance allows them to be provided with legal assistance in eviction court. Read a PDF copy of the ordinance. Also, check out news articles from WDRB and The Courier-Journal.

L.O.T.S.: Frank Miller hosts in Fern Creek

L.O.T.S. with Frank MillerKREIA Past President Frank Miller leads us on a tour of a Fern Creek foreclosure condo he rehabbed for $40k profit. He shows us a "before rehab" video, shares his rehab numbers, and answers questions about his contractors and finishes.

MM Lending's Wendy Kays anchors the Zoom call, and MM Lending's Mike Fallot facilitates from the site.

Looking for inspiration for your next fix-and-flip project? Watch this members-only video.

Looking for more KREIA features? Check out the News & Updates blog  (Kentuckiana Real Estate Investors Association) does not give legal, tax, economic, or investment advice. KREIA disclaims all liability for the action or inaction taken or not taken as a result of communications from or to its members, officers, directors, employees and contractors. Each person should consult their own counsel, accountant and other advisors as to legal, tax, economic, investment, and related matters concerning Real Estate and other investments.   

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