investing: Cathy Nelson - Red Maple Mgmt - to speak at Two Rivers REIA of Central IA - 04/04/09 05:50 PM
On Wednesday, April 15th, Cathy Nelson with Red Maple Property Management will be doing a presentation on the in's and out's of rental property management, or something along those lines for the Two Rivers REIA of Central Iowa. 
Her presentation will be of particular interest to those who want to own … (2 comments)

investing: Sometimes, the best advice is ... free! (Of interest to RE investors) - 04/21/08 01:29 PM
While I was poking around over at REIclub.com, checking out some of the free articles and audios, I came across an absolutely dynamite article about hiring contractors.  This is particularly of interest for investors who flip, rehab or will eventually need to hire a contractor. 
How many of us know what … (2 comments)

investing: Two Rivers REIA hosts Attorney - Kristine Corcoran Frye - Dec 1, 2007 - 8:00AM - 11/23/07 09:22 PM
Check out Two Rivers REIA for more a map to the location, and more info. 
The Two Rivers REIA meets on the 1st Saturday and 3rd Wednesday of each month.  We are an affiliate of the National Real Estate Investors Association, offering programs for a wide variety of RE investors. 
Kristine … (2 comments)

investing: John Sweeney, CPA - Senior Tax Manager, LWBJ - Speaks at Two Rivers REIA - 10/13/07 08:56 AM
The Real Estate Investor Association, Two Rivers REIA of Central Iowa, hosted John Sweeney for a presentation to our REIA meeting on Oct. 6th, at 8:00-10:00AM.  
Sweeny offered tips and insight into tax issues that specifically affect RE investors for buy & hold, flips, 1031 issues, with emphasis on cost segregation.  … (4 comments)

investing: The operating agreement for a TIC offering - 07/09/07 08:22 PM
I'm looking for prototypes for an operating agreement for a RE TIC.   I know there have to be some out there in the Real Estate world.  Anyone know of any other books beside Gene Trowbridge'?  
The primary need is to have buy/sell provisions, a mandatory sale on irreconcilable differences clause, and provisions for what constitutes grounds for termination … (2 comments)

investing: Restrictive Covenants against Tenants in Townhomes, condos, co-ops, etc. - 07/08/07 06:02 PM
We had a co-op apt down the street that sat on the market for over a year, at what seemed like a give away price.  Unfortunately, it was in a very old, three story building and you have to walk up to the third floor!  Yikes!  That was a tough one to sell … (3 comments)

investing: It's a Whole New Business - Gene Trowbridge -- book review - 07/07/07 09:28 PM
For those interested in group sponsorships of RE TIC's, or even securitized TIC's, this seems to be the current definitive text on the subject.   A little spendy at $295, but most likely worth it.  I'm only half way through but I know I'm going to get a lot of bang for investment.  … (1 comments)

investing: Two Rivers REIA (a Central Iowa Real Estate Investors Association) Grows! - 07/04/07 09:57 AM
Founded in October of 2006, the Two Rivers REIA is dedicated to helping RE investors navigate through the trecherous waters of Real Estate investment and to emerge a winner.   We've held approximately 15 meetings.  For many of those, we have featured a speaker who sheds light on various aspects of RE … (0 comments)

investing: Why investing in one rental per year is the right pace for many... - 06/18/07 09:06 AM
From Chris Lengquist's blog - he makes the case that REALTORS can build a good investment portfolio by investing in one property per year.  All that follows basically supports this advice, so if you're in a hurry you can skip this blog entry.  :^)
In our Two Rivers REIA we spend a lot of time … (8 comments)

investing: Working to develop network for distribution of RE TIC offerings (RE/MAX Agents in particular) - 06/15/07 01:04 PM
With the issuance of IRS Rev Proc 2002-22, Real Estate held for investment as a Tenant-in-Common was promulgaged as being eligible for a Tax-Deferred, 1031 exchange, subject to 15 provisions or restrictions.
Since that ruling 5 years ago, the total equity being invested in eligible TIC offerings has escalated at a phenomenal rate - from several hundred million to … (2 comments)

investing: Cap Rates (and P/E Ratios) does not explain the whole picture. - 05/15/07 08:22 PM
I'm going to take a stab at this and invite feedback where I might have gone astray with my assumptions or calculations, although I certainly can't figure how that might happen.  :^)
With fundamental analysis of equities (particularly publicly-traded, common stocks) one of the key statistics that is of importance is a P/E ratio.  Within certain industries, there are … (1 comments)

investing: Seeking a Rehab Loan? - Jo Swain to Speak, Wednesday, May 16, 2007 - 05/14/07 12:03 PM
The Two Rivers REIA , a Central Iowa-based, Real Estate Investors Association, will host Jo Swain from Wells Fargo Rehab Lending on Wednesday, May 16th, at 6:00PM.  This will be our last Wednesday night meeting until September.   (Saturday meetings continue throughout the summer).   
Mr. Swaim has over 9 years experience with rehab lending and is responsible … (0 comments)

investing: Des Moines Anti-Bubble Research - From NAR - 05/12/07 11:50 AM
Here is link to my favorite links page, and from there, if you select the entry for Des Moines Anti-Bubble Research,  you can open a PDF document published about RE values in Des Moines.   It's for the analytical types who want more info than what will be available in the local newspapers. 
I … (0 comments)

investing: Hard Money Lending - Wosmansky to Speak at Two River REIA - May 5th - 04/28/07 06:04 PM
The Two Rivers Real Estate Investors Association would like to welcome RE investors to hear Kevin Wosmansky speak on May 5th, 2007, at 8:00AM, the next scheduled meeting of the group.
Wosmansky is the General Manager of the Heartland Mortgage Group's Des Moines office.  An avid investor himself, Kevin has found Hard Money … (0 comments)

investing: Flipping Properties -- Besides William Bronchick, who else? - 04/21/07 09:34 PM
Who else writes a good book on Flipping Properties, besides Bill Bronchick ?
There is The Complete Guide to Flipping Properties by Steve Berges.  And, there is Buy It, Fix It, Sell It...PROFIT by Kevin Myers.  Anyone have any experience with either of these two texts?   
(0 comments)

investing: Real Estate Investment analysis tools - 01/29/07 08:24 PM
Each RE Investor has some kind of buying criteria, then a formula through which s/he runs the numbers.   This can be fairly simple yet the simplier it is, the more prone to error it could be.  
Take for example the old GRM (Gross Rent Multiplier).  Some used to advocate that 6 … (0 comments)

investing: Two Rivers REIA (A Central Iowa Real Estate Investor's Association) - 01/11/07 02:26 PM
If you've been looking for an investors association in Central Iowa, you may have been looking for a while and not come up with much.   That's why we started a group called Two Rivers REIA, and details can be found at http://tworiversreia.org/. 
The group meets twice per month, currently.   The goal … (3 comments)

 
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Andrew Lietzow-MBA, GRI

Des Moines, IA

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RE/MAX Opportunities, Inc.

Address: 4725 Merle Hay Rd Ste 200, Des Moines, IA, 50322-1983

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Des Moines, Iowa -- There are a lot of positive things going on in Des Moines that make it a great place to invest in Real Estate, either as an owner-occupant, or an investor. Check us out!


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