You are invited to attend the International Realty Investors Network (IRIN) meeting to be held at the La Plata County Fairgrounds on Thursday, November 12 at 6:30 PM in the Pine Room. Rick Lorenz will be presenting a program on How to Invest in Real Estate Using Your IRA Funds as well as a discussion on Investing in Single Family Homes…Am I Ready to Be a Landlord? Handout materials will be provided.
Many people are not aware that it is possible to use IRA funds to acquire investment real estate. There are certain rules and procedures that must be followed and that there are certain transactions that cannot be completed using IRA funds. These items will be discussed.
Owning single family homes and renting them out can be an excellent way to provide tax shelter, income, and wealth accumulation. If you bought one rental property per child when they were born and then put it on a 20 year note you could have a free and clear house that would pay for the college education of that child. When the child is done with college you might consider selling it to provide for a nice down payment as that young adult starts their new life. On the other hand you may want to keep the house and it makes for nice easy estate planning. This and a lot more will be discussed.
The vision of the International Realty Investors Network is to provide information, contacts, education and an effective marketing forum to support real estate investors, real estate professionals and others interested in learning more about both Domestic Real Estate and International Real Estate. Tony Measles, a local real estate investor, has formed a local IRIN chapter for Durango. There is no charge for first-time attendees and the meeting is open to the public. If you think you're going to attend, please let me know so that I can have a proper number of handouts available. Please RSVP at 970-375-7007.
Showing posts with label so you want to be a landlord class. Show all posts
Showing posts with label so you want to be a landlord class. Show all posts
Monday, November 09, 2009
Saturday, June 06, 2009
How to Be a Landlord Class Coming up
Are you one of those people that has been interested in the possibility of buying a home to use as a rental property? Real estate is the single greatest wealth producer in the country, so it would certainly be something that I would encourage you to do. Many times people don't know the ins and outs of being a landlord and owning a rental home. If you would like to learn about becoming a landlord, I will be teaching a class in conjunction with the Wells Fargo Real Estate Exposition to be held on Saturday, July 18 th. This will be at the La Plata County Fairgrounds and I will be teaching the class from 1 PM till 2 PM. The title of the class is: “So you want to be a landlord? Investing in single family homes." There will be a 20 page handout that you will find very helpful. This will cover everything from the right kind of properties to buy, special clauses you want to make sure you have in your lease to when you want leases to expire and so much more. For everyone attending the class, I will give away a free autographed copy of my book “How to make your Realtor get you the best deal…Durango Colorado edition”.
The purpose of the Wells Fargo Real Estate Expo is to get homebuyers, or potential home buyers, into the marketplace. There will be a number of Realtors exhibiting and some properties will be held “open-house” for the day so that a buyer can come in and look online at the property in the Fairgrounds, and then go right out to the house and take a look in person. In my 33 years of doing real estate I've never seen an Expo quite like this and I think that buyers will find this very helpful. In addition to the class that I will be teaching at one o'clock, there will be a first time homebuyers class taught at noon.
Searching for Durango CO homes for sale can be a daunting task because you really need to know the areas and subdivisions, the schools, and what the mineral situation might be for a particular property and so many more items of concern. Our Team has two full-time dedicated buyer agents who do nothing but work with buyers and probably preview a hundred properties per month. Knowing the inventory is certainly an important function for a good real estate broker. For the last 2 1/2 years, my two buyer agents have successfully closed with more buyers than any other broker or team in La Plata County. Whether you're a first-time home buyer or an investor buying your 10th property, we would love the opportunity to help you in that venture. To go directly to Durango homes for sale, click this link: Durango CO real estate and it will take you to my listings section of my BuyDurango.com website.
The purpose of the Wells Fargo Real Estate Expo is to get homebuyers, or potential home buyers, into the marketplace. There will be a number of Realtors exhibiting and some properties will be held “open-house” for the day so that a buyer can come in and look online at the property in the Fairgrounds, and then go right out to the house and take a look in person. In my 33 years of doing real estate I've never seen an Expo quite like this and I think that buyers will find this very helpful. In addition to the class that I will be teaching at one o'clock, there will be a first time homebuyers class taught at noon.
Searching for Durango CO homes for sale can be a daunting task because you really need to know the areas and subdivisions, the schools, and what the mineral situation might be for a particular property and so many more items of concern. Our Team has two full-time dedicated buyer agents who do nothing but work with buyers and probably preview a hundred properties per month. Knowing the inventory is certainly an important function for a good real estate broker. For the last 2 1/2 years, my two buyer agents have successfully closed with more buyers than any other broker or team in La Plata County. Whether you're a first-time home buyer or an investor buying your 10th property, we would love the opportunity to help you in that venture. To go directly to Durango homes for sale, click this link: Durango CO real estate and it will take you to my listings section of my BuyDurango.com website.
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