Presentation Transcript

1. The “Secret” to Real Estate Investing

   instructor: Joe Locklear “America’s Newest and Most Dynamic Real Estate Investing Network”
2. What is ProREIA ? The “Professional Real Estate Investor’s Association” Founded in 2012, by Joe & Adam Locklear We are a for-profitcorporation Our main purpose is to make money and to secure the future for ourselves and every one of our members ProREIA provides the VERY BEST Education, Networking and Hands-on Entrepreneural Mentoring in America We welcome you to this class and encourage you to join our Association!
3. Who is Joe Locklear ? 72- Associates Degree, Building Constr Technology FJC 74-81- City of Jax, Engineering Div, Sr Assoc. Engineer 82-86- Full Time R.E. Buy-Rehab-Sell Tax Partnerships 87-92 - Full Time Contracting, Custom Homes & Renovation 93-01 - Sr Proj Mgr., Abba & Milcon Inc. Commercial to 18M Past Vice President American Congress on Real Estate Past President & Education Director Jacksonville Real Estate Investors Association Current President & Education Director, Professional Real Estate Investors Association State Cert General Contractor CGC043461 State Certified Roofing Contractor CCC1328056 President, Community Building & Restoration Inc. , General Contractor Various associated Family Companies include Locklear Realty/Property Management, Jax Home Rescue & Innoweb Marketing LLC. Thanksgiving 2001-Present –Real Estate Entrepreneur
4. Where are YOU now ? Education, Experience Cash/Credit How much TIME can you invest?
5. What do you want RE to do for you? Cash income now? Retirement income? Wealth, financial independence? Freedom to pursue other goals? “Hobby”, opportunity to socialize? What is YOUR Time Frame? 20 Years? 10 Years? 3 Weeks? “Your RE business MUST reflect YOUR goals”
6. Buy & Sell As-Is UPSIDE Generates Quick Cash Low Capital Required Low Personal Liability DOWNSIDE Time consuming Need refined buying skills Unstable income Wholesaling is a full-time business, however “even an old blind hog will pick up an acorn every now and then”
7. Buy, Rehab & Resell Upside High Profit per Deal Need Low or No Cash Help People & Neighborhoods Downside Takes 3-6 Months per Deal Must Learn Contracting Skills Dealing with Retail Buyers Why not… Consider rehabbing and selling to Landlords for quicker turn and less “Qualifying” problems.
8. Buy & Sell “Delayed Purchase” UPSIDE Sell for FULL Value Get it OCCUPIED quickly Build Pride of Ownership Eliminate Maintenance Cost DOWNSIDE Need 36mo Financing or Cash Profit Delayed up to 3 years Must Help Tenants Qualify Requires MUCH Expertise Be Careful… Avoid methods and contracts that are not “Attorney Approved”
9. Build a Rental Portfolio UPSIDE Retire in 5-20 Years Solid path to Wealth Cash Flow + Equity Growth Tax Breaks + Appreciation DOWNSIDE Become or Hire a Manager Takes time to build Cash-Flow Requires DISIPLINE In my humble opinion – “Timing has NEVER been better to acquire and hold property”
10. Buy & Sell Subject-to & Lease Options UPSIDE Low Capital Investment No Credit Needed Low Legal Risk High Profit Potential DOWNSIDE Complicated for Beginners Need a complete REI Education for Success The “Gurus” often only cover the “Shiny Side” LOTS of disclosure required and deals can “Go South” “Learn the Real Truth about Subject-to and how to do it the RIGHT way at ProREIA University”
11. Become an Investor UPSIDE Minimal Time Required Predictable Results Safest Venture in R.E. HUGE Tax Advantages (IRA) DOWNSIDE Need Cash, IRA or Line-of-Credit A thought from Joe… “Tax advantages of self directed IRA’s are too good to pass up. Sheltering aspects of ROTH treatment are almost unbelievable”
12. YOU are the Key to Success – Not any Methodology or Technique! My advice to you is… Determine YOUR best path based on YOUR Assets, Abilities, Goals & Time Frame Attendthe next ProREIASaturday Seminar on Real Estate Business Planning and Build your Business Plan Center your ProREIAReal Estate Education around your Business Plan Next… Just Do It! Avoid the “Paralysis of Analysis” “Determine realistic goals and time frames, then put your true assets and abilities to work in obtaining those goals ”
13. And now FINALLY…. (drum roll)… “The Secret to Real Estate Investing is” …
14. “There is NOSecret to Real Estate Investing” “Success in Real Estate Investing begins with a little Basic Education and a good Business Plan. Next you need to pursue Detailed Education specifically centered around your Business Plan. Finally you will need to develop the Confidence and Motivation to jump-in and Make it Happen – ProREIA is your source for the Tools, Mentoring and Motivation that you will need to reach your true entrepreneurial potential” Joe Locklear, 2013
15. It’s Not the Critic that Counts… It's not the man who points out how the strong man stumbles, or where the doer of the deed could have done it better. The credit belongs to the man in the arena, whose face is marred by dust and sweat and blood, who spends himself in a worthy cause, who strives valiantly, who errs and come up short again and again, who at best knows the high achievement of triumph, who at worst, fails while daring greatly for he knows his place shall never be with those cold and timid souls who know neither victory nor defeat. --Theodore Roosevelt-- “What will you do TODAY to change the future for the better?” Yesterday is gone, tomorrow never comes – Do it TODAY!

16. Join Tonight !

    “America’s Newest and Most Dynamic Real Estate Investing Network”