Author: Rachel Mendoza
August 2019 Meeting
Have you ever walked into a house and seen a repair or a situation that you had no idea how to fix or what the cost would be? Or are you brand new and thinking, “Where do I even start with a rehab?”
How do I know what the cost of a repair is going to be?
Most of us are not contractors. Luckily for you, our next speaker has worked on over 1000 rehabs and will show you how to estimate repairs accurately every time! Most of the time in under 10 minutes.
-Did I budget enough for repairs in my offer?
-Am I making the right repairs?
-How do I find my contractors?
-What repairs command the highest return?
Matt Hedstrom is going to answer all of these questions and more as he has worked as a general contractor and rehabber for over 20 years in Wisconsin.
Matt may not be from our market, but he has tested and used his numbers across the US, including the St. Louis market.
If you are interested in learning more about Rehab Estimator Pro or what Matt Hedstrom was offering feel free to reach out to him at [email protected] or visit his website at https://www.reiestimatorpro.com/
July 2019 Meeting
Cover Your Ass (ets) with Davis and Travaglini
Date: July 18, 2019
We are having fan favorite attorneys from Davis & Travaglini back at the club this month. Kathy, Christine & Chris are passionate about helping landlords maximize profits on their rentals while staying within their legal rights. They have some hilariously funny stories from being in the courtroom for so many years. Their specialty is in landlord – tenant law. If you have rentals or think you might one day you need to come out to the club this month so you know your rights. After hearing them speak you are going to want them on your team to help deal with the inevitable tenant issues you will encounter.
What is the craziest story you have heard a landlord do to get a tenant out of their house? The one I have heard a lot is, “I just take the front door off the house.” Well, that is not legal. The other one I used to hear a lot is, “I’ll just turn off the water or electric”. Yep, you guessed it, not legal either.
These guys know what is legal and the quickest, most cost-effective way to get that bad tenant out of the house so you can get it re-rented to an awesome tenant. Also, they come with lot’s of tip on how to attract and retain the best tenants.
PS Attn: Rehabbers and Wholesalers – This applies to you as well! How do you legally remove a stubborn (previous) owner or worse yet a relative of a the previous owner, after you purchase a property?
June 2019 Meeting
Bryan’s Journey to Financial Freedom Thru Real Estate!
Date: June 20, 2019
Bryan has had a huge desire for Financial Freedom ever since meeting Robert Allen back in the 90’s. Robert had an income stream WAY greater than his monthly expenses. He didn’t have to work another day in his life if he didn’t want to. Bryan thought, “holy shit, that would be a game changer.” At the time he was living pay check to pay check as a real estate appraiser.
Then one day in 2002 at breakfast he and his business partner Jim Stiegemeier decided to quit their jobs and jump into Real Estate Investing Full-Time. At first it was two men and a truck (Jim, Bryan and a Toyota Tundra) flipping one house at a time.
In one sense this gave a ton of Freedom. No boss, no time clock, no schedule. Just find deals, rehab then and sell them. Hopefully, for a HUGE profit. There were challenges along the way but they were WAY outweighed by the FREEDOM! But he wanted more…….
He wanted that income stream that came in whether or not he found that next deal. This is when they started buying rentals. One or two every month for the next 12 years. Damn, that is a lot of houses! Every time they bought another house, as long as it cash flowed, they increased their income. This is how Bryan eventually found Financial Freedom.
Come out to the club on June 20th. He is going to share some hilarious stories from the journey along with some incredibly valuable lessons he has learned over the years. Lessons that you can use in your business today whether you are a new real estate investor or if you have been in the business for many years.
Bryan loves to share what he has learned in the hopes to help others who also have that strong desire to find Freedom!
Haves & Wants May 2019
American Bank of Missouri
Contact Info
How We Help Real Estate Investors:
The commercial lenders at American Bank will work with you to come up with customized solutions that meet your needs and goals.
Locations
O’Fallon
901 Hwy K
O’Fallon, MO 63366
RockHill
9800 Manchester Rd
Suite A
Rock Hill, MO 63119
Des Peres
12161 Manchester Rd.
St Louis, MO 63131
Wright City
690 N Service Road West
Wright City, MO 63390
Haves & Wants April 2019
Haves & Wants March 2019
Shelter Insurance
Contact Info
How We Help Real Estate Investors:
John & Jill have more than 30+ years experience in insurance and are landlords themselves so they understand what kind of insurance landlord are looking for. Also, Shelter Insurance has an insurance product that most insurance companies don’t offer they are save you a lot of money. Call John & Jill and have them talk to you about how they can save you a ton of money and keep your rentals insured properly.
Lindenwood Agency
Contact Info
Insurance Agents for Flips and Commercial Buildings
How We Help Real Estate Investors:
We provide commercial coverage at the best possible rates!
With the motto that our customer is always right, the Lindenwood Agency goes above and beyond to satisfy all of our customer’s needs. As an independent agency, we work with all of our companies to find a customized package to fit our customers’ needs while still maintaining very competitive rates. With so many outlets, there is no customer too big or too small for our insurance agency to handle.
You will receive an unparalleled level of expertise from our team, to achieve the look you want and the protection your rehab or rental needs, all within a time frame that is right for you.
We Work with Investors fromSt. Charles, St. Peters, O’Fallon, St. Louis, and the surrounding areas
Insurance Agent for Flips
Reviews
Lindenwood Agency is one of the best insurance companies we have dealt with in our day to day business. Melodie Smith is our go to girl and is quick to respond and help out with any questions or concerns we may have. She is always willing to help with our last minute requests and walk our borrowers through the insurance process. We love the way Lindenwood’s certificates are designed, making it easy for us as a lending company to understand and follow. Melodie is always on top of the renewals on all of our files which helps us out tremendously. 10/10 would recommend working with Melodie Smith at Lindenwood Agency
–Sarah Maxon, Longhorn III Investments, LLC
During my time as a client of The Lindenwood Agency I’ve been made to feel that I’m more than just a policy. They take the time to handle my problems with speed, accuracy, and heart. Each employee is knowledgeable and there to make sure that my life goes right in the face of whatever comes my way. At the end of the day I know I can count on The Lindenwood Agency to be there for me and ensure my life goes on without any complication, while they pick up the pieces and put it back together better than before!
– Christopher, St. Louis, MO