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Author: Rachel Mendoza

May 2019 Meeting

by Rachel Mendozain Past Meetings

Mo’ Money. . .Mo’ Deals! Find out how to tap unlimited funds for your deals!

Date: May 16, 2019

Everyone says “You find a deal and the money will appear”, but really is that true?

YES!

If you have a true deal there is money everywhere.  The bigger question is what is the right money to go after for a given deal.

  • What is the best money to go after if I’m a rehabber? 
  • What if I’m a landlord that fixes the house first then places a tenant? 
  • What if I just do “buy and hold” rentals? 
  • What if I’m a wholesaler that just needs money for a couple of weeks?

You can do it all with just your own cash but will that reach your real estate goals?  Probably not!

So, how do you decide what source of money to use for a given deal? 

There are several different sources of money for deals.  Suzanne Hunn with FasterFunds Lending and her expert panel of Tim Nash of American Bank (local banker) and John Heinkel with USA Mortgage (mortgage broker) will be explaining how you can leverage various types of funds to reach your goals faster.

There are many variables or factors that go into which type of financing is best for a given deal:

  • Are you going to live in it or is it strictly investment?
  • How long you plan to own it?
  • How fast you need to money to fund the deal?
  • How many current personal real estate loans do you have?
  • What area is the property in?
  • Do you buy using an LLC, other type of Corporation status, or your personal name?
  • Are you currently a W-2 wage earner or self-employed?
  • What type of property is it?  (single family residence, multi-family, apartment complex, etc…)
  • How often do you buy or how many deals do you want to purchase in a year?

Once you figure out your overall approach to real estate investing then it is much easier to know what type of financing or combination of financing will be optimal for you.

Suzanne and her expert panel will be covering different strategies that you can use a real estate investor which can really accelerate your net worth and monthly cash flow!

One such method that uses leverage is the BRRRR Method.  This is where you purchase a house, fix it up, place a tenant, then refinance the short-term construction loan for long term mortgage loan AND pull out the funds you personally have tied up in the property.

Then you do it again! 

Buy, Rehab, Rent out, Refinance, Repeat (BRRRR Method)

What if you are a rehabber?  Now you need money for the purchase and the fix.  How can you do that without using all your own money? Or how can you strategically use your own money and not have to go through construction disbursing.

Well, I have to leave a little cliff hanger.  Come on out May 16th and Suzanne will tell you exactly how to fund that type of deal and more!

Angle Ridge Remodeling

by Rachel Mendozain Trusted Vendors

Contact Info

Quality Roofing and Siding for All Your Rehabs

Quality Roofing and Siding for All Your Rehabs

Call For a Free Estimate

How We Help Real Estate Investors:

  • We understand the rehab/rental business and therefore know that time is of the essence
  • We are familiar with the Fasterfunds program and understand the process
  • We are proud of our work and our reputation, we want to give investors a great price, but also the future homeowner a great product they can trust in

Services for all your roofing and siding needs!

For decades Shaun has been developing his expertise as a roofing contractor. He makes an effort to be personally involved in each of their remodels from start to finish.

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 All Over the St. Louis Area*

*Except for Illinois

Roofing and Siding Company

Call For a Free Estimate

Reviews

As a real estate professional, Angle Ridge is always my #1 go to, if my clients are needing work done. They’re extremely professional, fair, and I can always count on them to get the job done right!

From start to finish, I haven’t seen a better run organization. Coming from the trades myself I can say that this is a company that I would trust and recommend to my dearest relationships. Thank you Angle Ridge Remodeling for being an honest, “stand-up” company that always gets things done.


Best contractor I’ve ever used. Angle Ridge Remodeling designed, planned, and installed an entirely new roof on my new construction home. His crew had the plywood on in just a day, and knocked out the shingles before dinner time on the following day. They cleaned up the job site and it came out absolutely perfect.Shawn and his crew are the ONLY contractors I would recommend for the work they do. Friendly, affordable, on time, and rock solid. 
Great job!!!” 

Shaun & Sandy Wright, owners of Angle Ridge Remodeling

Roofing and Siding Company

Call For a Free Estimate

April 2019 Meeting

by Rachel Mendozain Past Meetings

A Peek Behind the FasterHouse Flipping Curtain

Date: April 18, 2019

Join us in April while Sam Primm takes a deep dive into the FasterHouse Flipping team and how we buy and sell houses!

Sam will be sharing a few case studies of deals FasterHouse has done. Along with walking us through the process of what we do on a daily basis to get deals from the very beginning (marketing)…to the final closing table.

He will have real examples and real numbers! He will also share some funny stories along the way and really give people a chance to get to know our team and our processes.

Haves and Wants For 4-18-19 Meeting

March 2019 Meeting

by Rachel Mendozain Past Meetings

Alternative Asset Investing: Leveraging Self-Directed IRAs

Date: March 21, 2019

We are excited about having Kent Kinzer with Equity Trust presenting on how to leverage self-directed IRAs!

Self-Directed IRA/401(k) investing, although widely misunderstood and underutilized, allows investors to architect a diversification strategy with assets often not found in traditional asset allocation models. Assets including, but not limited to, real estate, mortgage notes and trust deeds, small businesses, joint ventures, private equity, and precious metals. Kent Kinzer with Equity Trust will be covering:

-7 types of tax-advantaged accounts available at Equity Trust

-What type of self-directed IRA investments are allowable by the IRS Real-life case studies of self-directed IRA success

-Answers to other common questions about how the investment process works and what documents are required

Equity Trust Company offers a comprehensive self-directed IRA/401(k) educational program, providing useful tools, resources, and insight into the methods used by Equity Trust’s 130,000+ clients. The tactics discussed will demonstrate methods to potentially eliminate capital gains tax and ordinary income taxes within your real estate and or alternative investment assets through tax-advantaged retirement accounts. Attendees have the opportunity to leave this training with the knowledge and guidance to formulate and implement alternative investing into their financial plan. We look forward to seeing you there!

Mark your calendars for March 21st!

Call Porter

by Rachel Mendozain Uncategorized

Contact Info

Never Lose A Deal Again

Live call answering for real estate investors

Schedule a Free Demo!

How We Help Real Estate Investors:

  • Our call center only handles calls for real estate investors
  • Trusted by over 150 investors around the country
  • Instant web lead calls available (if someone fills out your web form we call them back within 30-60 seconds)
  • Cold calling services
  • Featured in Forbes, Entrepreneur, and Bigger Pockets
  • We use only US based agents

For Investors Who Hate Losing Deals

Call Porter is the world’s only live answering service and lead management system built exclusively for real estate investors who want to buy and sell more properties.

Without working harder or being glued to the phone!

Built by investors, for investors. First impressions can make or break a deal. Call Porter’s staff are all expertly trained in all aspects of real estate and work exclusively with real estate investors.

We Are Based In St Louis,

But Work With Investors Nationwide.

Never Lose A Deal Again

Live call answering for real estate investors

Schedule a Free Demo!

Reviews

Justin and his team made a game changer in our business. They follow instructions closely and they’re know what they’re doing. Their reps are trained more than what I could train my lead managers, and I had 4.They’re always willing to help and to improve and it’s impressive. Thank you guys keep your hard work!
~ Guy Nizri

I have been using Call Porter for not even a month, and have already gotten a deal under contract. At this point my biggest dilemma is to buy it or whole sale it. This is a deal that I would have missed because I rarely can get to the phone in time to answer. Ryan and his team answers on time, every time, and they are way better than I could ever hope to be. They feed all information into my CRM and I call the sellers back and take it from there. Thanks again guys, Life Changer!
~ Nick Vehr


If you want a professional answering service to handle your hot leads for real estate then Call Porter is the right company. After spending a great amount of money and time on direct mail, the last thing I wanted was for these hot leads to get thrown into voice mail. The best part of Call Porter is they are real estate trained and know just what to ask the customer. Highly recommended.
~ Anthony DeBiasi

Call David Cruise

Never Lose A Deal Again

Live call answering for real estate investors

Schedule a Free Demo!

Mike Kitko Professional Development

by Rachel Mendozain Trusted Vendors

Contact Info

How We Help Real Estate Investors:

  • Guide them to achieve what they desire most from life.
  • Help them create authentic and intense personal power for optimal career performance.
  • Help them maximize their wealth-earning potential.
  • Assist them to refine/define their unique life’s purpose and step into it powerfully.
  • Help them lead and serve their family, giving them a financially secure environment in which to thrive.

Mike Kitko is a passionate executive coach who helps business owners find success and happiness. He has assembled a mastermind group of business owners who want to exponentially grow their businesses while helping each other grow and achieve higher levels of success in all areas of life. They openly share wins and challenges with each other for support and accountability to achieve their desired outcomes. Join today!

Find out more about how Mike Kitko can help you take the first step to everything you desire!

Get Inspired!

Reviews

“As the owner of a small business, I love to have someone to brainstorm with. It makes it even better if this person is a trusted resource that knows your business well but doesn’t have a stake in the outcome.


I hired Mike Kitko because I was looking for someone to help me take my company to the next level. It has worked out so well. He has really come to understand our company, our team, and our culture.


He is someone I trust to go to when I need to talk through a tough decision. He has brought several blind spots to the surface that I didn’t know were holding our team back.


I really love our weekly talks and they either make me think about something in a different way or lead to a breakthrough I didn’t see coming.


He has become an awesome resource for me and our leadership team.”

– Bryan Schroeder
Owner and CEO of Fasterhouse (Real Estate Investment Company)

“I highly recommend Mike to any and everyone. He’s not just a coach, mentor or accountability partner. Most importantly he’s a friend. First time I sat with Mike he read me like a book, felt like he knew my ins and outs.

He’s amazing at what he does. If it wasn’t for him I wouldn’t be on the path I’m on or I wouldn’t be the person I am. He’s the reason I pick up the crown I’ve been so afraid to touch.”

– Jervon Hill
Real Estate Entrepreneur

Find out more about how Mike Kitko can help you take the first step to everything you desire!

Get Inspired!

“Big shout out to Mike Kitko!  Incredible job today talking about being the best version of yourself.

You have found your passion in speaking and coaching and I truly appreciate you.

If anyone is struggling through a tough time, lacking some confidence or is successful in one aspect of life but feeling empty in others Mike Kitko is your guy.”

– James Brinkmann, Owner and Team Leader
The Fidelis Group Real Estate Team
Mike Kitko
High-Performance Leadership Coaching

“Mike is an incredible executive coach. After working with him for a short period of time, he provided me with the tools and resources to recognize and realize my full potential.


I have never encountered a coach that has such an infectious energy that is so easily passed on to his clients. He is empowering, inspirational, thoughtful, and extremely driven. Working with Mike will result in reaching your full potential.


I strongly recommend Mike to anyone searching for an improved ability to be all that you are destined to be.”

– Tony Garavaglia, Senior Vice President
Willis, Towers, Watson

Find out more about how Mike Kitko can help you take the first step to everything you desire!

Get Inspired!

Haves & Wants January 2019

by Rachel Mendozain Haves-Wants
NamePhone.NumberHave / Want
Nicholas Smith314-755-5229Has property in south city ain 63116, arv 110k, 4832 allemania st 63116
Mike Chatfield314-322-7466Wholesaler workshop February 2nd in St. Charles. $100 for all day event. Text “workshop” if interested and to learn more
Michael Babcock314-329-7378looking for private money, 36 months
Tom Priester314-580-15623 bed in st john, all brick, 1.5 bath, could be made to 4 beds, 68k asking price, 8k rehab for move in ready, 105 arv
Alex S314-808-4321has 6 duplexes, 4 unit, range from 9500-59000, 10 out of 12 units already rented, in 63111 and one in 63132 and 63136
Denny Robert314-478-4332has 2 family in south city at chippewa and compton, has updated electrical and plumbing, asking 20k; has single family 4363 baisch ln – had fire so needs full rehab, asking 12k
Jason LiCavoli314-681-7700has jefferson county real estate investment club, wants property in jeff co – arnold, fenton, dittmer
Matthew R314-359-5779has triplex in south city chippewa and grand, fully occupied, rents for 1650/ month, asking 115k
Caurie Floyd314-459-0004approved short sale 1815 n hanley, 63114, 3/1, 1000 sqft, 1 car garage, needs updated, on lockbox, call or text to see property, bring offer
Holly G314-629-3858has property in city on Nebraska, boarded up property, had a fire or two, asking 11k, arv is 90-100k
Sheila Bueltman314-606-4810has new tricounty investment club in st charles, lincoln and warren county, open to realtors, investors, contractors, next meeting is feb 7th
James Carlock478-412-5284Has rental property in ferguson, arv 38k, 21000 asking, less than 5k in repairs, rents 795
Corey Haney314-606-5022has rehab in st peters, 5/2.5, 3000 sqft, all new exterior, hvac replaced this month, stripped to studs, asking 219k
Forest Luhcs314-202-9007Luchs enterprices.com, has small general contracting company, has properties to wholesale

Austin Andrews
636-219-2318
has 180 units off market in north county, looking for multifamily units off gravois

Jennifer Donley
636-887-6341
has 4/1, attached garage, good rental, asking 38k

REI Print Mail

by Rachel Mendozain Trusted Vendors
Graphic Connections

Contact Info

Direct Mail Customized For Real Estate Investors

With over 20 years of experience with direct mail for real estate investors, REIPrintMail knows what works and what doesn’t.

How We Help Real Estate Investors:

  • We only partner with the best
  • REIprintmail continues to create unique mailers that are exclusive to REIprintmail
  • They’ll custom design a DM (direct mail) campaign around your budget
  • If you’re not using DM as part of your marketing strategy, you’re leaving money (yours!) on the table
  • 20 years serving the REI community, they know what works. . .and what doesn’t

They are experts in Real Estate Investor Direct Mail. Specializing in high ROI mail marketing campaigns and creating fantastic new mailers, they are absolutely going to get you more responses and more leads.

Even though we are located in the St Louis Metro area, we work with investors throughout the United States

Reviews

We use REIPrintMail for all FasterHouse’s direct mail needs. They are great to work with and completely understand the needs of real estate investors.

Yates

Marketing Coordinator

REIPrintMail handles all our crazy ideas and they make many suggestions to help us get a better ROI. There expertise is invaluable!

Sam

Fasterhouse

Direct Mail Customized For Real Estate Investors

With over 20 years of experience with direct mail for real estate investors, REIPrintMail knows what works and what doesn’t.

Full disclosure – FasterHouse.com/DirectMail is an affiliate which gives you a 10% discount and it gives us some spare change so help support the cost of the FasterHouse Buyers’ Club

Haves & Wants October 2018

by Rachel Mendozain Haves-Wants
NamePhone.NumberHave / Want
Dustin Hoog314-709-8990has 4 bed/ 1 bath in Ferguson, asking 35k, rent is 850-900, value around 50k, needs 4k
Tim Grimmett314-283-60222 bed/ 1bath slab in St. Ann, 3622 Long Ave, around 65-69k; needs people who have money (private lenders)
Robert Redd636-675-2850has potential flip in Webster, price around 200k, will sell around 300k; looking for rehabs in St. Charles County
Merle Schneider314-422-8040looking to buy fix and flips around 200-250k, deals in st charles county
Thomas Priester314-569-0777custom discount exteriors, has 9 roofing crews
Jason Dover636-639-1304marble life, popped grout, tile, grout – let him restore it
Tom Clark314-704-3896has 1031 money trying to place, multifamily or portfolio of single families, purchase price between 1 and 2 million
Thomas G314-925-7550can repair credit, TNT credit repair
Donald Shaver314-649-0471Bookkeeping services, accounting – no taxes

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