We are very excited to announce our 5th Annual Los Angeles Real Estate GRAND Expo. The GRAND Expo returns on Saturday, October 26, 2024, 9:00 am to 6:00 pm. We’re taking over the entire Iman Cultural Center for the day.
Last year, the GRAND Expo was the largest real estate event in Southern California! We had over 800 investors, 64 vendors, and 12 national speakers. This year will be even LARGER! An entire day celebrating real estate investing and you can be involved. Best of all, the GRAND Expo will be FREE to attend. This Expo is going to be grand, really GRAND!
SPEAKERS. There will be national guest speakers (in three breakout rooms). Here is a partial list of speakers:
1. Jonah Dew – “The Money Multiplier” 2. Eddie Speed – “Buying Discounted notes” 3. Steve Matley – “Syndication” 4. Joe Arias – “How to Get Started Investing” 5. Christopher Meza – “Developing Raw Land” 6. Tony Watson – “Tax Advantages for R.E. Investors” 7. Lauren Wells – “Passive Income Strategies” 8. Marco Kozlowski – “How to Buy Lots and Lots of Houses” 9. Amanda Brown – “Invest in Commercial Real Estate” 10. Ken Letourneau – “Tax Sales Master” 11. Arturo Olivas – “Create More Deals” 12. Steve Matley – “Do More Deals Bringing Partners together” 13. Tim Edenfield – “Top 5 Secrets to Out Of State Investing” 13. Rick Sharga (Keynote) – Real Estate Economist
INVESTMENT EDUCATION. Just think of it! An all-day in-depth educational extravaganza celebrating real estate investing. Most importantly, this will NOT be a sales pitch. Each of the speakers have contractually agreed to educate and teach us successful real estate investing strategies. So regardless of whether you are a new investor, already own properties, or are very experienced, our Grand Expo is for you.
COMPLIMENTARY PRIVATE CONSULTATIONS. As a special unique feature of our Grand Expo, you can sign-up for private half-hour consultations with your favorite guest speakers. Registration will occur Saturday morning, starting promptly at 8:00 am. First come – first serve. So come early and schedule your private consultations. A once in a lifetime opportunity to get free advice from national real estate experts!
VENDOR EXPO: Don’t miss our “Vendor Expo,” which will occur throughout the day in the North Hall. We’ll have 70+ vendors where you can “meet and greet” real estate professionals with services and products that you’ll want to utilize in your real estate investing. (If you have a product or service that would be valuable to real estate investors and would like to be a vendor, please contact us directly.)
FOOD TRUCKS. What would a Grand Expo be without food trucks? A day full of workshops, vendors, networking, and real estate investments demands sustenance, and we’ve got you covered. We’ll have 3-4 international food trucks in our central courtyard, plus a coffee wagon (for caffeine injections throughout the day).
DATE: Saturday, October 26, 2024, 9:00 am to 6:00 pm.
LOCATION: Iman Cultural Center, 3376 Motor Avenue (between Palms and National), Los Angeles, 90034.
FREE PARKING: Street parking (free and metered). There are also two FREE parking structures just two blocks away. The first structure is at the northeast corner of Motor and Palms. The second structure is at the northeast corner of Motor and National. From either parking lot it’s short two block walk to the Iman. Valet parking ($15) will also be available.
FREE ADMISSION: Admission to our Grand Expo will be COMPLIMENTARY (free!), but reservations are recommended.
PRODUCERS. The Grand Expo is joint presentation of the Los Angeles County Real Estate Investors Association, Sam’s Real Estate Club, Realty411.com, Women’s Real Estate Network (“WREN”), REI Wealth, and Greater LA-REIA.
https://www.realestateinvestormagazines.com/wp-content/uploads/2024/09/LA-Grand-Expo-featured-image.jpg4001000dulcehttp://www.realestateinvestormagazines.com/wp-content/uploads/2013/04/logo.pngdulce2024-09-17 05:36:572024-10-31 05:29:325th Annual Los Angeles Real Estate GRAND Expo
IS IT CRAZY TO SELLER FINANCE YOUR RENTALS—OR CRAZY NOT TO?
We’re now in a note cycle. It’s as obvious to a note guy like me as when
an oil guy hits a gusher.
I’ve been a note guy since 1980. As anyone in any phase of real estate knows,
the market is constantly changing and evolving. We either change with it or get
left behind. I can say from experience that what worked in one decade wouldn’t
work in the next. And so on for the next, and the next, and the next.
Which leads us to 2023. We’re seeing a market phenomenon that’s producing
a phenomenal opportunity.
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I’ve lived through cycles where owning rental properties made a lot of
sense financially. But in today’s market, not as much. You owe it to yourself
to test your investment strategy. Run the numbers and compare the profit
potential of owning rentals versus selling your rentals with seller financing. Because
of today’s high home prices and mortgage rates, I predict you’ll discover it
makes more sense to be the bank (with NO expenses like taxes, repairs or
insurance) instead of being the landlord (paying ALL those expenses). I bet
you’ll also realize how much more income you’ll bring in every month by seller
financing instead of renting.
HERE’S WHY NOW IS THE TIME FOR SELLER FINANCING
If you’ve ever dropped a coin into a slot machine, your eyes would pop
out if all the dials lined up. Well, when it comes to dropping some money on an
investment, all the dials are lining up on seller financing—especially in
regions of the country where rents have dropped significantly. Here are some of
the factors we’re seeing in today’s market:
• RENTAL HOUSE AFFORDABILITY The cost of buying a potential rental house is the highest since at
least 1996. If you get a mortgage around 8%, and pay an inflated price due to
the pandemic, you’ll pay 60% more than buying the same house three years ago.
This makes it very challenging to scale up your rental business. On the other
hand, if you sell your rental houses now with seller financing, you’ll get
substantially more than three years ago. And you’ll be getting double or triple
the interest now than you would have gotten three years ago.
• INCREASES IN RENT ARE WAY BELOW
INCREASES IN PRICE Averaging all US markets
together, the cost of buying a house is up 60%, but rents have risen only 22% during
the same 3-year period. In many markets (mainly in the western half of the
country), rents have declined since last year.
• SOFTER DEMAND FOR RENTAL PROPERTIES A glut of
newly built apartments is depressing rent growth. And according to the St.
Louis Federal Reserve, an additional one million units currently under
construction will hit the market soon. Fannie Mae predicts vacancy rates in
multifamily buildings will reach 6.25% in 2024, which exceeds the 15-year
average of 5.8%. Apartment stocks are underperforming. To avoid vacancies,
apartments lower the rent which depresses rental income for landlords.
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• CREDIT AVAILABILITY Underwriting standards have changed drastically because of the covid
pandemic. Traditional lenders arenow hurting from over two million delinquent
home loans. Money from banks and mortgage companies has gotten tighter and
tighter, putting eager buyers—even ones with steady jobs and solid credit—in
the penalty box. The mortgage
credit availability index stood at 96.3 in October, 2023; which is about half
what it was three years ago. Well-qualified homebuyers are getting turned down by traditional lenders;
driving them right into the arms of seller financing.
• HOME
APPRECIATION HAS LEVELED OFF Even though home prices shot up during
the pandemic, prices aren’t maintaining the same trajectory. They’ve hit a
plateau. Goldman Sachs
expects home prices and mortgage rates to increase only 1.7% in the next year.
That’s not just flat, that’s “stand on a brick and see fifty miles flat.” Now’s
the time to sell your rental portfolio at top dollar and cash out before home
prices stagnate.
• TAX ADVANTAGES When you sell a rental property
that has greatly appreciated, you’ll owe a bundle in capital gains taxes. But
if you take the profit over time through seller financing, the Internal Revenue
Service allows you to spread out the gains using the “Installment Sales
Method.” This technique has allowed countless sellers to pay no capital gains
taxes at all. Of course, there’s always the possibility the IRS could close
this loophole in the future, so better take advantage of it now.
YOU CAN MAKE MORE THAN DOUBLE THE MONTHLY INCOME FROM SELLER FINANCING
THAN LANDLORDING
Today’s home prices and interest rates are both elevated. So when you
sell your rental with seller financing, the monthly mortgage payment you
receive will be much larger than your monthly rent check.
In the rental world, there’s the “50% Rule” (also what they call “The
Magic Number”). It means 50% of rental income goes toward expenses. If the rent
checks you get don’t surpass the 50% Rule—after paying taxes, repairs, and
insurance—you’ll lose money. But as a note owner in today’s market—who DOESN’T
pay taxes, repairs, and insurance—even a mediocre note would easily beat the
50% Rule of profitability. And with today’s high interest rates being paid TO
you instead of BY you, the checks you get every month could be lots more than
you get from rent.
GET
YOUR APPRECIATION NOW INSTEAD OF YEARS FROM NOW
A
frequent objection people raise when they compare note investing to landlording
is that when you own a rental house, the property appreciates over time. It’s a
fair question that deserves a fair answer.
As
long as the rental property is kept in good repair, and the neighborhood
doesn’t decline, its value should increase over the years until you decide to
sell it. But let’s say there are two investors; one buys a rental property, the
other buys a note, and both pay the same amount. Over ten years, the note
investor makes double the monthly income compared to the landlord who pays
taxes, insurance, and repairs for ten years. If the landlord sells the property
after ten years, he gets the appreciation—but the rent checks stop (unless he
sells with seller financing). As for the note investor, after ten years he
still has twenty more years of payments coming!
Even
if the landlord’s rental house appreciates roughly 10% a year, fire up your
calculator and you’ll see how much more the note investor makes over the life
of their investments.
THEN
THERE’S THE HEADACHE FACTOR
Lots
of landlords think they’re getting an investment, but it turns into a job.
You have to deal with showings, repairs, and midnight calls from tenants to fix
a leaky hot water heater. But when you own the note, repairs are the homeowner’s
headaches. Every investor who has transitioned from landlording to seller
financing will agree: You can own a thousand notes for the same amount of work
as owning a hundred rentals.
If the
note investor’s homeowner stops paying, your investment is completely
collateralized by the property. But if the landlord’s tenant stops paying, good
luck collecting the back rent.
ARE
YOU READY TO TURN THE CORNER ON YOUR CAREER?
It’s been said that “Timing is to
investments what location is to real estate.” The time is now and the door is wide open for you to consider
selling your rental properties with seller financed notes. Don’t keep doing
things the same way as always, and don’t look past this tremendous window of opportunity
to boost your net worth like never before.
Learning
the tools of seller financing and note creation will open up a whole new world
of monthly cashflow and wealth-building—and we make it surprisingly easy at
NoteSchool. The first step is to take my free 2-hour Master Class where you’ll
be introduced to the lucrative world of notes. Just visit: NoteSchool.com/EddieMasterClass
Eddie Speed: Author, Teacher, Innovator, Visionary
Eddie grew up around horses, but in 1980 he learned there’s more wealth to be built with a pencil than a rope. That’s when his father-in-law, a pioneer of seller financed notes, taught him the ropes of the note business. Eddie has been perfecting his craft ever since, introducing creative innovations that changed the way note investing is done.
As the nation’s most experienced note buyer, he has closed over 50,000 note deals. He launched NoteSchool in 2000, where anyone can learn the art of creative financing for performing and non-performing discounted mortgage notes. He is the owner and president of Colonial Funding Group LLC, which acquires and brokers discounted real estate secured notes, and he’s a principal in a family of Private Equity funds that acquire bulk note portfolios.
Thousands of NoteSchool students have testified to the wealth building, life-changing power of his tried-and-true, data-driven approach to note investing.
Learn live and in real-time with Realty411. Be sure to register for our next virtual and in-person events. For all the details, please visit Realty411Expo.com or our Eventbrite landing page, CLICK HERE.
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We are very excited to announce our 4th Annual Los Angeles Real Estate Grand Expo. The Grand Expo returns on Saturday, October 21, 2023, 9:00 am to 6:00 pm. We’re taking over the entire Iman Cultural Center for the day – it’s all ours!
The North Hall (vendor exhibition area), the South Hall (workshops), and the middle parking lot (loaded with workshop tents and food trucks). The theme of this year’s Grand Expo will be “Hedge Inflation – Buy Real Estate”.
Last year, the Grand Expo was the largest real estate event in Southern California. We had over 800 investors, 64 vendors, and 12 national speakers…this year will be even BIGGER! An entire day celebrating real estate investing and you can be involved. Best of all, the Grand Expo will be FREE to attend.
This Expo is going to be big, really BIG! We are hosting investors from around the nation once again.
EDUCATORS. There will be national guest speakers (in three breakout rooms). Here is a partial list of our top educators:
1. Jonah Dew – “The Money Multiplier” 2. Eddie Speed – “Buying Discounted notes” 3. Rusty Tweed – “1031 Tax-Deferred Exchanges” 4. Joe Arias – “How to Get Started Investing” 5. Christopher Meza – “Developing Raw Land” 6. Tony Watson – “Tax Advantages for R.E. Investors” 7. Dani & Flip Robison – “Fixing & Flipping Houses” 8. Abbas Mohammed – “Investing in Multi-Residential Properties” 9. Marco Kozlowski – “How to Buy Lots and Lots of Houses” 10. Amanda Brown – “Invest in Commercial Real Estate” 11. Shawn Tiberio – “Marketing for Real Estate Investors” 12. Joeseph Scorese – “How to Finance Your Next Deal” 13. Jeremy Rubin – “From Employee to $100M in Flips” 14. Steve Price (Keynote) – Vice President at Auction.com
INVESTMENT EDUCATION. An all-day in-depth educational extravaganza celebrating real estate investing. Most importantly, this will NOT be a sales pitch. So regardless of whether you are a new investor, already own properties, or are very experienced, our Grand Expo is for you!
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