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  • November 28, 2018 12:00 PM | Anonymous


    This is a quick review of yesterday’s court decision nd whether an investor bought a 5 Unit Apartment or a Single Family Home. Don’t make the same mistake as this investor!


  • November 23, 2018 12:00 PM | Anonymous

    Get Funds

    When it comes to real estate investing, one of the most common concerns is how to get funding for an investment deal. Far too often, traditional financing options like a mortgage or hard money are out of reach especially for those who are just starting out – and even for season veterans.

    For anyone who wants to succeed in the ultra-competitive real estate industry, thinking outside the box is a non-negotiable skill. So when it comes to raising money to finance your deals, a little creativity goes a long way to secure funding.

    5 Creative Ways to Fund Your Next Investment Deal

    • WHOLESALING

    Low risk yet high in potential profit, wholesaling is when you contract a home seller and market the contract for the home to interested buyers. It’s similar to flipping, except you never actually purchase the house or do repairs.

    You simply take the amount of the contract, find a buyer who’s willing to pay a bit more, then assign the contract to them — and you profit from the difference. CIREIA does not endorse daisy chaining in this field.  For details please attend the monthly sub-group on wholesaling on how to do this strategy the right way.

    • BIRDDOGGING

    This method is an excellent way to hone your skills at identifying profitable properties, grow your network, and enhance your reputation while earning money on the side.

    It involves finding properties with excellent investment potential. These properties are typically distressed and on the market for a discounted price due to remodeling or repair needs. If you’re a member of a real estate investment group, then it becomes much easier to gain exclusive leads.

    After pinpointing these properties, you present them to real estate investors and receive a finder’s fee.

    • SELLER HOLD BACK

    Real estate holdbacks are employed when the seller still has remaining contractual obligations to satisfy at the time of transaction close.

    It’s typically 5% or more set aside from the sales proceeds. To get funding, you need to figure out where the money will be used. Then, present an alternative solution that will get them a higher ROI.

    If you want to go this route, remember to employ tact during the deal. Your job is to present a better solution that will help them profit, not just your own gain.

    • FRIENDS AND FAMILY

    On a more personal note, you can also tap your friends and family to generate funding for your investments. This is especially effective when you have a proven history of successful deals.

    Make a promissory note that states how you will pay them back the money, which can be a certain amount every month. Then use their money to find profitable investments.

    • HOME EQUITY LINE OF CREDIT

    To get money in a short time, consider taking out a home equity line of credit. You can get a large amount of cash with low interest. Take note however that some credit will ask for your home as collateral.

    Another way is to explore second mortgage installment loans. A significant advantage here is having fixed payment amounts and fixed interest rates.

    Lastly, think about taking out a 0% credit card. Use it to buy a property, do repairs, then flip.

    Join Central Indiana Real Estate Investors Association!

    If you’re willing to take risks and are confident enough in your abilities, you’ll find that there’s plenty of funding to go around – if you know where to look for it!

    As the largest non-profit real estate investors association in Indiana, CIREIA has been helping real estate investors of all experience levels for more than 30 years. As a member, you’re set to receive valuable education on how to generate wealth through real estate, both from traditional methods and more creative means. Call us today at (317) 670-8941, and let’s talk about building your future in the real estate industry.


  • November 12, 2018 12:00 PM | Anonymous


    Shout out and thanks to my client for sending me this beautiful Divine Mercy coffee mug. Enjoy learning a little bit about this gracious devotion and God’s message of mercy.

  • November 12, 2018 12:00 PM | Anonymous

    Watch to learn the outcome of the Utility battle in Bargersville. The town amended the ordinance granting some but not all concessions to Landlords.

    https://www.jeffjinkslaw.com


  • November 12, 2018 12:00 PM | Anonymous

    This buyer lost his property because he failed to record his deed! Subsequent buyers were bona fide purchasers for value and without “notice” because there was no recorded deed. Common knowledge and use of the property were insufficient to establish a claim where the deed wasn’t recorded. This was a tax sale and foreclosure property. See the full case: John Reno v Dennis O Hamilton, Cathy A. Hamilton et al; Court of Appeals of Indiana, Memorandum Decision, 33A01-1711-PL-2669;

    https://www.jeffjinkslaw.com


  • November 12, 2018 12:00 PM | Anonymous


    Judges agree that the three most important considerations in their decision in court are “documentation, documentation, and documentation.” Listen to learn more.


  • November 12, 2018 12:00 PM | Anonymous


    Just starting with our first client and new Government Relations practice area. Listen to learn how we make YOUR voice heard at the Indiana General Assembly


  • November 12, 2018 12:00 PM | Anonymous


    Landlord Registration Update


  • November 12, 2018 12:00 PM | Anonymous


    Younger generations are really stepping up to care for aging parents and grandparents. Beautiful to see the love and devotion of the next generation. Another reason to be hopeful and optimistic about the future!

    https://www.jeffjinkslaw.com


  • October 16, 2018 12:00 PM | Anonymous

    Data on 3 States

    Real estate investing is not only about making a profit from buying and selling properties. It has a lot to do with keeping a finger on the industry’s pulse, analyzing trends, and making intelligent decisions and plans based on the information.

    An important resource is foreclosure trends, which serve as reliable barometers of a state’s stability and vitality. This year’s data on foreclosures hold significant potential for real estate investors.

    2018 Foreclosure Trends

    Halfway through 2018, foreclosure rates are still dropping fast. In fact, experts are predicting a historically low year for foreclosures.

    Despite this, 40% of local markets are also seeing a rise in foreclosure filing rates. This translates to 362, 275 foreclosure filings across the United States. These include scheduled auctions, default notices, and bank repossessions.

    Compared to 2017, foreclosure rates for this year are down by 17%. Out of 299 metropolitan statistical areas (MSAs), 26 announced year-over-year increases when it comes to foreclosure starts. The recent housing bubble may have some impact on present foreclosure trends, but analysts are quick to point out that several other factors are responsible as well, such as present distress in real estate markets.

    Of all states, three were hit with the highest foreclosure rates. These are:

    1. New Jersey
    2. Delaware
    3. Maryland

    New Jersey may have bagged the unfortunate spot as the country’s leader in foreclosure, but compared to 2017, filing rates in this state have actually decreased by 2%. Sadly, that’s not enough to place them lower down the rank. It’s also important to note that more than half of foreclosure filings in New Jersey can be traced to loans back in 2004 and 2008.

    Is a Foreclosure Crisis on the Horizon?

    That’s one of the biggest questions that the industry is trying to answer right now. The good news is that only a few states show the remnants of the latest foreclosure crisis. Experts are foreseeing impressive low levels of mortgage delinquencies in the second half of 2018, and explain that a housing bubble is not very likely.

    While existing home sales remain healthy, they’re not as strong as they can be due to factors like home price appreciation, limited inventory, and rising rates. Therefore, real estate investors should keep a close eye on changes in the foreclosure market.

    Foreclosure Trends in Indiana

    As for Indiana, foreclosure rates are pegged at 1 in every 1802. Top counties in terms of foreclosure are Lake, Huntington, Greene, Morgan, and Miami. Auctions make up a bigger part of foreclosures, with bank-owned and pre-foreclosures following closely.

    For the smart real estate agent, this offers a good opportunity to find great properties and make a profit off them. It also offers an opening to reach homeowners who are looking for an alternative type of housing.

    However, it’s not easy to keep track of foreclosures and determine which ones have solid potential. If you’re not a member of an established real estate investment group, then you’re missing out on the chance to generate wealth from this section of the industry.

    CIREIA leaders have prospered in all market conditions.  With that said, they believe that our market is not headed toward a downturn; rather a correction back to normal. 

    As Central Indiana’s foremost real estate investors association, CIREIA can help you gain a better understanding of foreclosures and other key elements of the real estate industry, as well as how to take advantage of them and find success as a real estate agent. Call us today to find out how to become a member!