Pat Bell, REIS Member and Mortgage Broker with M-Lend, presented a case study on one of his recent personal investment endeavors. In sharp contrast to other case study presentations, Pat’s premise was that he had a “Gut Feeling” about this deal and he acted on his gut.

JUNE’S EVENT- REIS is a proud sponsor of a spactacular Business Coaching Event. Please join us on June 17th by clicking here and enter the Promo Code SWDC070 for a complimentary ticket.

LAST MONTH’s MEETING RECAP- On May 18th the members of REIS met for their usual meeting but the meeting content and format was brand new.

Over the past couple month’s we had been hearing requests from our members to try an incorporate some real case studies into our monthly meetings. And this month’s meeting saw just that.

Deborah Diehlman, a REIS investor member and CPA lead a case study of a property she had just completed. The goal was to discuss and analysis a complete investment transaction from identification to close. The result was that, and MORE! The meeting was extremely interactive and topics covered everything from financing to rehab to exit strategy. Based on the evaluations, the content and our meeting was the most successful to date.

Learn the tricks of the trade from the experts and from your piers!!!
This month REIS will continue it’s Case Study Series. The attendees will be working with actual scenarios, discussing challanges, analyzing numbers and extrapolating outcomes. Click here to register

On March 16th the members of REIS discussed the current state of Fannie Mae/Freddie Mac lending. Powell Jones with Wells Fargo Home Mortgage explained, in detail, how the investor rehab loans work and what the qualifications are. Larry Finkelberg, Mortgage Planner with Amerihome Lending, Inc reviewed traditional Fannie/Freddie investment loan guidelines and also provided some forecasting for both interest rates and guidelines.

OUR NEXT EVENT…
April’s Investor meeting will bring a new twist. On April 20th REIS will be holding a very hands-on meeting. We will be reviewing an actual case study of one of our members recent investments. We will be looking at several different sides of the transaction and discussion the challanges along the way.

THIS IS A CAN”T MISS FOR INVESTORS (the registration will be posted soon)

On March 16th the members of REIS discussed the current state of Fannie Mae/Freddie Mac lending.  Powell Jones with Wells Fargo Home Mortgage explained, in detail, how the investor rehab loans work and what the qualifications are.  Larry Finkelberg, Mortgage Planner with Amerihome Lending, Inc reviewed traditional Fannie/Freddie investment loan guidelines and also provided some forecasting [...]

For a summary of the bill click here

Attend March event

The D.C. Council passed new and tougher legislation against lead paint hazards – “Lead-Hazard Prevention and Elimination Act of 2008” D.C. Code 8-117.04 (2009).
Overview:

Requires landlords to disclose potential at-risk tenants about previous LBP findings
Requires landlords to remove lead paint from properties that will be rented [...]

Attend this event

What’s in that MRIS print-out anyway?

Are there code words? Does your Realtor even know what they mean?

At our February meeting, we’re going to take-apart a few of those print-outs to look for signs that there might be a good deal hiding in excessive text.

REIS kicked off it’s 2010 Investor series with a bang!  There was a great turn out for Chris Majerle’s presentation on to effectively inspect a property.  The presentation was followed, as always, by our Investor Member Exchanges.  This exchange fostered the discussion of a multitude of current issues facing real estate investors.  We hit on [...]