- Sacramento Real Estate Adventures - Your Sacramento Real Estate and mortgage blog!

Save the date! Our next Sacrament investment club meeting is August 23rd.
Join me for Elk Grove REIA's monthly meeting!

How do you create more profit from a rental? Create a business inside of it!

Right now in the Sacramento real estate market we are able to get cash flow! For years investors were taking their money outside of California in order to get cash flow properties.

A nice cash flow home is good …. But what if you kicked it up a notch and buy a property… THEN add a business to pump up the cash flow! OR lease it to a business and potentially net more rent because the location is move in ready for that type of business.

Did you know that many of the occupations projected to grow the fastest in this economy are concentrated in the health care industry? This is according to the U.S. Bureau of Labor Statistics. With our aging population and our baby boomer starting to go into retirement… Running a care home can be a profitable venture!

Come and learn from Delia Quinley, owner of M&D professional Services, and find out what it takes to run this kind of business.

You will learn… 

• What specs the home needs to have in order to optimize the income potential of the business!
  
• What type of licensing requirements, inspections, and certifications are needed!
  
• What type and how many staff needs to be on-site!
  
• How profitable these care homes can be!
  
• What you should know about your liability!
  
• Bring your questions!
  

You may not want the liability of actually running the care home… but what if you bought one and leased it to someone who does? They get a location to run their business… and you might do a lease to own with them so they buy it from you in the next 5 years. It’s a different twist on your normal investment property purchase!

Join us for our next meeting and find out if this twist on a real estate deal is for you!

Delia is an owner of M&D Professional Services in Elk Grove. Her company assists their clients to start-up care home facilities in Sacramento County. Her team knows the ins-and-out of the care home business and will give us great in-site into this up and coming industry. Learn more about Delia at her website at www.mdquinley.com!

MEETING INFORMATION

August 23rd, 2010 <——– PLEASE NOTE: Our meeting dates for August is not on our usual night due to a scheduling conflict!

6:30pm Networking
7:00pm Meeting starts

Cost: Members are FREE! Non-members $15 at the door/$25 for a couple!

Become a member >>

Location: 9275 East Stockton Blvd. #100, Elk Grove, CA 95624

Elk Grove REIA was created to offer investors (regardless of their skill level), an opportunity to come together and sharpen their skills. We would love it if you would join us for our next meeting! For more information please call Erin Newington at (916) 585-3858 or email her at erinnewington@kw.com!

If you are an investor (or homeowner for that matter), and want to get a deal on your next Sacramento foreclosure purchase.... join us for our Sacramento Investment Club April meeting! We will show you how to navigate through the process of buying a home at the auction.

Everything you need to know BEFORE you attend a foreclosure home auction! 

There is another Sacramento foreclosure auction on April 24th!

It seems once a local home auction is scheduled... Calls come in from clients who want to better understand the auction process. 

Well... This year it just happens to fall the week of our Elk Grove REIA monthly meeting! We thought it was a timely time to talk about how to use the auction model to get a deal. 

There are things you will need to know BEFORE you step foot into the auction! It's important you understand the rules and the due diligence it takes to buy at an auction. 

Let the hype get you excited and you will over-pay! Attend the auction prepared with your final numbers for each property you are interested in and you may come out with a deal! 

Join us on April 20th at the Elk Grove REIA monthly meeting and we will show you how to navigate through the Sacramento foreclosure home auction process! 

For those who are interested... We will be putting a group together of folks who want to preview homes being auctioned off on April 24th!  More of these detail will come later! 

For now... Mark your calendar for the Elk Grove REIA meeting...  Home Auction Boot Camp on April 20th!

If you would like more information before the meeting, please call Erin at (916) 226-9617!

Calling all Sacramento Real Estate Investors!  Do you want to network with other folks who are actively investing in real estate in Sacramento? Join us for our next Sacramento Investment Club meeting on March 23rd in Elk Grove!

See the topic for this month... 

DO YOU HAVE A GET OUT OF JAIL FREE CARD?

Our job as Investors is to pick up as many Sacramento Investment Properties as we can at a discounted price. But... have you ever thought about the potential liability you are taking along with it.

If you read the FBI fraud reports, there is more-and-more mentions of Short Sales deals gone wrong. Many of them involved an Investor. In fact, if you read the FBI's mortgage fraud report 08, it mentions transactions for primary residences are less likely to be an issue of fraud when compared to an Investor.  

Knowing the potential liability when buying a Sacramento Investment Home is just as important as running your cash flow numbers!

Join us for this month's club meeting for a candid conversation with a local real estate attorney.

We will be covering liabilities concerns regarding:

•·       Subject-to purchases

•·       Short sale negotiating and purchase transactions

•·       Bank owned home purchases and disclosures

•·       Negotiating Owner financing

•·       Buying a home at the Trustee or Auction sale

Bring your questions and scenarios and join us for a lively discussion about how each of us can stay out of trouble!

NEXT MEETING DETAILS:

March 23rd, 2010  
6:30pm Networking
7:00pm Meeting Begins

GET DIRECTIONS:  9275 East Stockton Blvd. #100, Elk Grove, CA 95624

COST: Members FREE/$15 Monthly Pass

Get more information about our Elk Grove Investment Club by visiting our website at www.ElkGroveREIA.com ! 

Meet our Speaker:

Stephen Beede
BPE Law Group. Inc.
(916)966-2260
www.bpelaw.com

Since founding the law firm in 1995, Steve has personally handled over 1,000 cases from contract reviews to complex multi-party litigation. He also serves as a mediator, arbitrator, and pro-tem judge in Sacramento & El Dorado Counties. Steve was a licensed real estate broker, with over 27 years experience in brokerage, development, and property management.

Elk Grove REIA was created so local Sacramento Investors could meet at least-monthly for mutual support, encouragement, stimulation and information to further their investment goals. Our main objective is to inspire the real estate entrepreneur to reach his or her own goals through the avenue of acquiring income producing real estate and related investments.