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Matthew Smith to speak @ the Two Rivers REIA meeting, Mar 7, 8:00AM

Matthew Smith, of S & G Investments will be our featured speaker on March 7, 8:00AM, at the regularly scheduled Two Rivers REIA of Central Iowa, LLC meeting.

S & G has rehabbed over 200 homes in the Des Moines area since their inception in 2003. Together with Paul Gengler, S & G is one of the most active rehabbing companies in the city, and they work anything thing from "cosmetic only" to "gut to the studs and rebuild".

If you're into rehabbing, short sales, contract sales, interested in purchasing a fixer either as an investment property, or as an owner-occupied property with the chance to build some significant sweat equity very quickly, our March 7 meeting will be one you'll want to catch.

I expect there will be standing room only so get there early!

Guests are $10, Quarterly dues are $20, and annual dues are $75. Check out TwoRiversREIA.org for more info.

Posted by Andrew Lietzow-MBA, GRI on 02/22/2009 09:12 PM

Comments (2)

real estate investing, rehabbing, short sales, two rivers reia, reia, des moines

This post has been included in Iowa Information
Post is included in group: Two Rivers REIA of Central Iowa
Post is included in group: Short Sales Specialists
Post is included in group: Iowa Real Estate
Post is included in group: Investors
Post is included in group: Fixers, Flips, and Rehabs

2 Comments on Matthew Smith to speak @ the Two Rivers REIA meeting, Mar 7, 8:00AM

FEB

Andrew,

Wow, Thanks for the intro! After that, I was even interested in hearing what I had to say :) I am looking forward to speaking with the group, if there are any questions that the group may be currently discussing or things we may be able to help answer let me know and I will try and work it into our presentation. Thanks again!

Matthew Smith

www.MatthewSmithonline.com

FEB

I think you already know all the answers, so now it's just a matter of waiting for some questions. But to give you a head start, I'll provide a few of my own. :^)

1) How to you balance "I need to find a deal", against "I need to find a good deal", against (particularly for beginners), "I need to find such a good deal that I won't make any mistakes that will prevent me from hitting an out of the park home run".

I often state that the key is to ensure that you always get on first base -- that you always enjoy the experience and at least make enough profit that you'd want to do this again. However, I'm probably shooting too low. Another way of asking the question is ...

2) You set up profit targets on the buy side right off the bat. Do you set dollar amounts or percentage amounts?

3) Approximately how much time should a BEGINNER invest in analysis of the expected SOW costs? Hours, days, weeks, or whatever it takes to get it right?

4) What to you think of our "collaboration effort" on the costs of building materials, and our collection of Contractors and Vendors?

5) If you have any mentors, beside Paul G., who are they and why?

That's enough for now... I'm really looking forward to next Saturday!

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