REIA of Macomb All-Star Luckily my new friend Jeff Maniaci walks in first with his wife Judy and happens to know quite a bit about heating and cooling. I tell him my issue and explain that I don’t want him to worry about it we’ll just get done quickly today. He drug me down to the furnace and looked at me with a smile, flipped one switch on and “we had heat!” Now I know what you may be thinking, “This guy Dylan has bought and flipped over 100 properties and he doesn’t know how to get a furnace going?” The answer is a resounding YES! There are a few things that I am an expert at but heating and cooling is not one of them. Now this guy Jeff’s really on my radar. He’s showing up at REIA events and flying in like Superman to keep me from looking stupid, and he’s knowledgeable about things that I’m not. He tells me that he’s working on getting a house he’s been watching and he’s going straight ot the asset manager to get it. I figure good for him but that’s a big hill to walk up. The next time I see him he’s already bought and closed on it, with help from private lender might I add. After attending Adam Davis’ Private Money Bootcamp and a few conversations with Adam, Jeff was able to build his confidence up enough to bring in a private lender on his first deal. At a recent REIA meeting I was talking with Judy, Jeff’s wife and she asked me if I had the time to stop by their rehab the following week. Notice the use of the word “their”? Judy and Jeff are a team, very important in your investing career to have an accountability partner. So I loosely told Judy I’d try to get by one day the following week. Friday came around and I knew that I’d be able to spend some time in the trenches with Jeff at his project. I called and we agreed to meet around 4 p.m. I figured I’d be on my way home before 5. Boy was I wrong! We had such a fun time talking about houses, construction, and REIA that I was there till 6:20, and it was worth every minute. Without getting into too much detail I’ll go over what Jeff’s got going on in this project. As I eluded to earlier he bought the house without an agent, utilized a private lender, and stands to profit $15,000-$20,000. Not bad for their first deal. The most important reason that I’m so excited about Jeff & Judy’s deal is that the are doing all of the rehab work the right way. As you can see from the picture they’ve installed cherry cabinets with granite on top. (See my earlier post on how important granite is to successfully selling retail) They’ve had Joey LaFata come in to consult with them on paint colors & layout-not just staging. They’ve installed all new interior doors, exterior doors, light fixtures (one a very special antique from Judy), new floor molding, new windows, new furnace & AC, plus tons more. They’re doing an A+ job. The moral of this story is to get out to the REIA of Macomb events. Jeff & Judy will both tell you that it’s made a tremendous impact on their fist deal. You’ll be able to meet them there and pick their brains about what they’ve done specifically to make this project . *Congrats to Jeff & Judy and I hope for many more successful deals* Will you be the next REIA of Macomb All-Star? Dylan Tanaka-Founder
This same gentleman, who’s name happens to be Jeff Maniaci shows up to the house and saves the day for me…here’s the short version of the story…the workshop took place sometime in April and it was still chilly outside , probably 45 degrees or so. Now 45 degrees is not dangerously cold but when the heat isn’t on in a vacant property it tends to trap that cold air and get colder. I arrived around an hour before our scheduled event to make sure everything in the property was in order. When I tried to turn on the furnace it was a no go. I ran to Rite Aid and bought some batteries for the thermostat as I though it would cure my problem (we jus finished a 25k rehab and I knew that the contractors had the heat on). New batteries, no good. Now I was stumped. It was around 45 degrees in the house and I had 20 people on their way there for a 90 minute get together in a pretty cold house.
All Star REIA of Macomb Member Making It Happen
The REIA of Macomb has had over 50 separate events to date all primarily focusing on Michigan real estate investing. I’ve personally been to every one of those events and strive during and after each to meet just about everyone who comes through our doors. Since I am a full time real estate investor my numbers may be a little skewed, that’s a joke, but I believe I’ve met well over 2000 people over the last few years. Some of them have been 30 year real estate veterans and others may have just stumbled into the event from something they found on Google for their first ever networking meeting. Basically what I want to get across to you is I meet a lot of people.
About 4 months ago a guest showed up at our Main Event and when we shook hands and introduced ourselves I remembered him because he shares the same last name as another old friend of mine. I asked if they were related by chance and my new friend said “not that I know”. He seemed like a nice guy and I was glad he came out the the meeting. A couple weeks later I held a special workshop for recent guests and new members of the REIA at one of my rehab projects.
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