The Real Estate Agent Blog

As a REALTOR working in metro Atlanta, the market is picking up. Buyers are out, sellers are contacting us weekly and banks ARE lending easier than last year. Just listed a home in Conyers today, went under contract at a condo at StudioPlex in Atlanta and tomorrow writing an offer on a condo in the Ridenour complex in Kenessaw. Real estate is definitely picking up, for sure. Buyers are about to lose out on getting the amazing deals with the tax credit going away, interest rates increasing and other factors in purchasing a home.

Want to purchase investment properties at wholesale prices? What if you don’t have the funds to do so?

As a licenced real estate agent, in the process of securing an LLC business license in Georgia, I can make it possible for investors to “pool” their money together, and with enough money, help those investors purchase real estate at wholesale prices. The reason we would get a wholesale price, because we will be buying in BULK.

Currently I work for a small investment group who buy properties to flip. We do not have enough money to buy in bulk, and are limited to only flipping property. With enough money circulating, a large group of investors (big and small), we could buy multiple properties at once and separate those properties into different types of real estate investing. This would successfully diversify our assets and create a steady profit. Not only would this investment group profit from the liquidation of assests (flipping properties), but receive returns based on percent of investment from rental properties and by the appreciation of properties which the group is holding.

So, you don’t have the funds to buy in bulk, no problem. Join a property investment group, like the one I’m forming now, and you won’t have to have the funds. Don’t have any money outside of your IRA? No problem, I can assist in turning your current IRA into a Self-Directed IRA.

This method to wealth building has extreme benefits. The real estate fund type of investment is based on income fundamentals, appreciation, and liquidity.

You may can call this the perfect investment, because with the right investors, the right real estate agent (one who will only take commissions on profits) and the LLC set up in the correct manor you will have a diversified portfolio using rental properties and flip properties, while having some serious assets on the increasing number of “hold” properties. The “hold” properties liquidated as needed, to pay off investors wanting out or to obtain other investment properties.

More on this topic in the future…

Hey there,

Just wanted to write a quick note to happily inform my readers, my Real Estate business has picked up amazingly, the true reason for my lack of posts.  Sorry about the HUGE delays between posts, I’m going to try to start a routine of posting at least once a week.

I’ve been working with an investment group dealing with flipping properties (current deal we’re working on can earn these investors ~$34,000; my potential commissions, for the buy and then the sell total ~$5,900).  Also, this investment group has asked if I knew anyone else that currently had money to invest, making for a quicker build-up of the investment group’s funds.  With current funds, we are finding decent, but stressed properties in “so-so” school districts and horrible properties in hot school districts around Gwinnett Co. and immediate surrounding areas.

Other buisiness includes the short-sale of 2 residential quadraplex buildings in Snellville and (sad, but true) an old friend of mine having to short-sell his home a mile from Lake Lanier.  Turned out not to be sad after all; we ended up negotiating with the mortgage company, they were willing to drop his monthly payments down to a number he could comfortably afford.  Keyword = “comfortably”.  Anyone needing assistance with the gloomy situation of not being able to afford your home, please go get help from a local REALTOR.  Its difficult to ask for help for many reasons when dealing with financial woes, but talk to someone who works in real estate and remember that its NOT JUST YOU HAVING A FINANCIAL CRISIS.

Working with investors and the difficult talks to my clients who are financially distressed about their last options for saving their homes and/or credit has pretty much been a full-time job for me.  Also juggling a submitted contract on a short-sale property, a seller which ‘had’ a close date, on their ranch home, of Dec. 30th from a legitimate buyer, somehow has been delayed for over a month, 4 buyer referrals received within a months time, 2 clients who either need to rent or find owner financing available properties and (believe it or not) I just had to take a 30 minute break away from typing this post while I took notes about another buyer referral sent to me.  Yay!

Anyhow, I’d best get to working.  Be back soon with more of my interesting “insider” articles & posts for you all!

God bless,
-Craig Miller