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foreclosures: 1031 Exchanges, Self-directed IRA's, and How Will Your "Short Sale" Affect You? - 04/30/10 03:13 PM

How will your property that you "Short-Sold" REALLY effect your next tax return?
Have questions about 1031 Exchanges? Want to build your IRA ...and use it to fund your real estate deals? Not sure whether you should incorporate as a C-Corp, S- Corp or LLC?
                               The Charleston Real Estate Investors Association will host Former IRS Treasury Agent, Michael Hale, EA, at their May Meeting on Thursday, May 6th, 2010 at 5:30 PM at The North Charleston Inn, 2934 W. Montague Ave. N. Charleston, S.C. Michael teaches investors and small business owners how to to avoid paying tax on … (1 comments)

foreclosures: Robert Kiyosaki's CashFlow 101 Played In Charleston, SC! - 04/18/10 01:50 PM
Ever wanted to change your life but didn't know how? Ever played a game that changed your financial destiny? Robert Kiyosaki, the New York Times best -selling author of Rich Dad/Poor Dad, and Increase Your Financial IQ, has. He invented the game-CASHFLOW 101.

Why?
Because he wanted to teach every-day people how to think differently about their money and show them it was possible to get out of the "Rat Race." How? By playing a game that simulated investing-all kinds of investing. To what end? To change people's financial destiny and help them discover that passive-residual income is the secret … (2 comments)

foreclosures: How Are You Going To Get From Where You Are...To Where You Want To Be in 2010? - 01/04/10 07:48 AM
This January many of you will put together your New Year's resolutions list. It's a time for reflection, and more importantly making a personal commitment to yourself for the upcoming year.
The Charleston Real Estate Investors Association has brought and will continue to bring to you vital information, speakers, and resources that you cannot find anywhere else.
With that thought in mind, we would like to help you "Jump Start" your New Year's resolutions list and help motivate you to create the things you want in 2010, by bringing you one of the very best motivational speakers that you will ever have … (0 comments)

foreclosures: Tomi Dinkins, Short Sale Expert with Weeks, Foti & Irvin To Speak To Local Charleston Real Estate Investors - 10/05/09 08:23 PM

Due to the enormously high foreclosure rate right now, foreclosures & short sales has been a "Hot" topic of great discussion over the past two years.
Recent statistic show that "shorts sales" & "Bank Owned Properties" are accounting for 50% of the properties for sale in the Charleston area.
"How do you "short sale" a property" is a question many new members ask....
but the question that they should be asking is..."How can I make money off of short sales?"
Tomi Dinkins, is considered to be one of the top experts in the state on the subject of Foreclosures & … (1 comments)

foreclosures: Want To Learn How To Buy & Sell 7-10+ Houses A Month? - 07/19/09 07:59 AM

Larry Goins, author of the Ultimate Buying & Selling Course and How To Be A Real Estate Day Trader , will be the guest speaker at the Charleston Real Estate Investors Association on Tuesday, August 4th, 2009.
Larry is not only a published author, he is also licensed as a mortgage lender and mortgage broker in North Carolina and South Carolina, plus he is also licensed in both North Carolina and South Carolina as a Real Estate Broker and General Contractor.
He is a member of the North Carolina Association of Mortgage Professionals and a member of the National Association of Mortgage Professionals.
Over the past … (0 comments)

foreclosures: Charleston Real Estate Investing Association offers free foreclosure class and home tour - 07/08/09 03:52 PM

Home buyers view four  pre-screened homes in one morning?
In the past, buying a foreclosed home was a very
challenging process. This was because of the limited supply of foreclosures. In many
cases, it took several weeks, if not months, to find a good foreclosure. Next, you had to
win the bidding war to buy it. And finally, you had to have a bank-truck-full-of-money to
repair the home.
 
Well, this has all changed with the recent foreclosure crisis. Today, there is a large
supply of great foreclosure opportunities. In fact, you can find these homes very quickly,
banks are … (0 comments)

foreclosures: Will 259 Local Charleston Families Get Another "Band-Aid"? - 03/31/09 06:25 AM
Some of us have trouble remembering what got for a Christmas gift :)
so, I am not be surprised if a lot of folks will recall back in
October 2008, when Presidential candidate Barack Obama called for a
"90 Day Moratorium on Foreclosures"  http://www.msnbc.msn.com/id/27163985/

Obama's plan was that banks who participated in the $700 billion Wall Street
bailout plan would "temprarily postpone foreclosures for families making good-faith
efforts to pay their mortgage.
"We need to give people the breathing room they need to get back on their feet,"
he said, adding that families living beyond their means share some of the
responsibility.
Why … (1 comments)

foreclosures: Do You Know How Paris Hilton's Family Made So Much Money? - 03/30/09 05:15 PM
Unless you have been living in a cave, you know who Paris Hilton is...
but what you may not know, is how her family became so filthy rich.
Towards the end of the Great Depression, Conrad Hilton, Paris'
Great Grandfather bought up many hotels that were in or on the edge
of foreclosure...for dimes on the dollar!
 
When the economy recovered, and business travel boomed...
Conrad Hilton became one of the wealthiest men in America.
All around him, other investors bought  all kinds of real estate
and got rich when they re-sold..
 (They bought very, very low, and sold very, very high)
(0 comments)

foreclosures: Nationally Recognized Foreclosure & Short Sale Expert To Speak Today At Charleston Real Estate Investor's Association Meeting - 03/03/09 06:24 AM
 
      
Due to the current economy and enormously high foreclosure rate right now, short sales has been a topic of great discussion over the past two years.
Nationally recognized as an expert in the ever-changing short sale process, David Oswald, will be the guest speaker at the Charleston Real Estate Investor's Association March 3rd 2009 meeting.  The location for the meeting will be at The North Charleston Inn, 2934 Montague Ave. N. Charleston, SC.29406.
"David Oswald is considered to be one of the top experts in the nation on the subject of foreclosure and short sales, " said … (0 comments)

foreclosures: The 11 Things You Need to Know To Pass Your Home Inspection and Sell Your Home Fast, For Top Dollar - 01/18/09 02:44 PM
Imagine how excited you would be about beating out two other offers and getting a "Real Deal" on a nice 6 year old property in a great neighborhood....and the day after closing, you discover that you have a "little problem with your heating & cooling:
                                              HEATING & AIR CONDITIONING EVALUATION?


From the ground it appears the required spacing between the chimney flue liners does not exist. It also appears the chimney bricks are cracked through. Cracked and loose bricks also exist within the fireplace fire box. There is a separation at the fireplace lintel. The fireplace lacks … (2 comments)

foreclosures: Michael Vick's dogfighting headquarters back on the auction block...again. - 11/25/08 10:54 AM
Thinking that he had a chance to "Flip a celebrity's house", Wilbur Ray Todd purchased the former home of Atlanta Falcon's Quarterback Michael Vick, hoping that the publicity and notoriety that the dogfighting compound had generated in the press would bring out the check books of curiosity seekers. 
Last December, developer Wilbur Ray Todd Jr. rejected a $747,000 bid for the property, which he had bought for $450,000, along with an additional $50,000 in improvements.
Hundreds of curious people showed up; few actually bid.
Now a year later, after holding costs, taxes, etc and with the housing market and lending institutions … (0 comments)

foreclosures: Foreclosure King Odell Barnes Knows The Best Thing for Distressed Neighborhoods - 11/20/08 07:34 PM
The last time that Odell Barnes was interviewed he had over 400 would-be homeowners from all over the United States send hime their contact info in hopes that he would finance a home for them.
When "Nightline" first met Odell Barnes, the man known to some as the Foreclosure King, he was on his cell phone constantly, buying foreclosed homes by the dozens from his front porch in South Carolina. (ABC News)A year later, he's still answering the phone, but he's off his porch and in Detroit.
 "It's too big for me," he said of the current housing crisis. "One thousand … (27 comments)

foreclosures: Local Charleston REIA Gives Away FREE Real Estate Investing Book – INCOME FOR LIFE! - 11/15/08 09:12 PM
A good Mentor is sometimes hard to find.
I think I may have found one.
You may have heard of real estate broker Rob Minton in the media. He was featured on the front page of The News-Herald business section.  He was the feature story in the Real Estate Investors Journal.  Rob has also just co-authored a new book with the legendary Dan Kennedy, titled "No BS Wealth Attraction for Entrepreneurs"
Last year, Rob released his own book "Income for Life - How You Can Achieve Financial Freedom With This Proven Real Estate Investment System." ($15.95 on Amazon)
I have talked Rob into offering his … (1 comments)

foreclosures: Local Charleston man makes big money investing in a flat real estate market - 10/27/08 05:12 PM
CHARLESTON SC: -- Thirty five year old Joe Mercadante stumbled across a Free Real Estate Investing Report that has helped him create enough monthly income in 12 months to quit his high paying corporate job. 
     According to Joe, "I started investing in properties using the strategy outlined in this free report. I have accumulated 20 homes that combined are paying me $4,363 of cash flow each and every month.  Plus I have locked in $580,442 of profit. I plan on quitting my 9 to 5 job next month and will be able to live off of the income from my properties!"
(0 comments)

foreclosures: Who do you know that thinks their house is a "Teller Machine?" - 10/18/08 10:50 PM
On November 4th & 5th, local Masters-in-equity will auction 201 properties on the courthouse steps.
 201 families, many of which have already abandoned their homes, will have to face the consequences of some bad choices.
 One of them is a good friend of mine.
"Bill" (not his real name of course} had worked for the same company for 10+ years; he was earning around $70,000+ when he bought his house in 2003; with his wife earning $50, 000 a year, they could easily afford the $1200 a month house payments.
First year: Like most people, might have overspent a little in furnishing … (0 comments)

foreclosures: What would you say? - 10/09/08 09:39 PM
"Did you know?" the voice on the other end of the telephone asked.
"Who is this?" was my initial response, quickly followed by "Did I know what?"
That's how the conversation began this morning with a local real estate agent (Let's call him Bill) who is a member of the  Charleston Real Estate Investor's Association.
"Did you know that the restaurant that our local real estate club meets at once a week, has just been listed on the Charleston MLS for $1,900,000?"
I could hear the frustration and intensity in "Bills" voice...so, I tried to choose my words carefully as I tried to recall something - … (1 comments)

foreclosures: Internet Marketing Expert Josh Brown to Speak To Local Charleston Real Estate Investors - 10/02/08 10:59 AM
Josh Brown, real estate investor and internet marketing expert, will be the guest speaker at the Charleston Real Estate investor's Association August 5th 2008 meeting. The location for the meeting will be at Carey Hilliard's Restaurant, 6601 Rivers Ave. N. Charleston, SC.
"Josh will talk about "Taking Your Business To The Next Level With The Power, Affordability, & Ease Of The Internet!" said Bobby Wallace, club President.
Josh will also be covering:
► How to instantly create a flood of motivated sellers and wholesale buyers to your business without       leaving your desk!
► How to create automatic profits every month without ever buying or selling … (0 comments)

 
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