May’s General Meeting Topic:  (May 27th)

Equity out of Thin Air with Patty Burgess and Kathy Gentner

Do you want to learn…

• the advantages of a short sale over traditional transactions
• why a Lender/Buyer/Investor would be a party to a short sale
• the foreclosure timeline regarding a short sale
• options in lieu of a short sale
• 2 Different deal structures for short sales
• Fannie Mae, Freddie Mac, and title guidelines for flips (is flipping fraudulent?)
• how to calculate a deal
• short sale challenges with Seller/Lender/Buyer
• how to manage the seller’s expectations
• what it takes to do short sales
• the short sale process (Leads/Offers/BPO/Negotiations/Approval/Close/Title)
• the goal of the process
• how to develop your team
• seller documentation
• the BPO and lender negotiation
• the approval
• short sale title issues – getting to settlement
• exit strategies
• how to fund your deals

5:45 PM – 6:30 PM 

DIG Toolkit

an intense advanced discussion of the last meetings topic usually let by the speaker from the last meeting. Come get the answers to your question directly from the source.

Real Estate Authors Discussion (READ) for Profit Program

DIG is fortunate to have a few members who have written books on Real Estate. The DIG Board thought it would be a great idea to take advantage of this terrific local knowledge. The authors, Marc Sherby, Marc Halpern and Don Beck, were contacted to see if they would be interested in hosting a READ for Profit program featuring their books. All thought it was a great idea and have agreed to moderate the sessions on their books. This new “READ” for Profit Program starts in February and will be held from 5:45 to 6:30 PM each month (same time as the Toolkit) before the monthly membership meetings. Members will have the opportunity to purchase the author’s book for $25 at all DIG meetings. Dates for each session will be noted in the newsletter. This will give everyone plenty of time to read the book and write down questions and comment.

GENERAL MEETING  6:30 – 9:30 PM

Roundgroups:   6:30 – 7:15 PM
 

RE Law

Getting Started

New Member Orientation

DIG Marketplace

The DIG Marketplace is an opportunity for DIG members who have real estate to sell.  Listings can be written up at the meetings and will be printed in the next several DIG newsletters.  Even if your property is currently listed with a real estate broker, the exposure to over 1100 serious investors each month can be a better sales opportunity.

Market Update - by Kathy Gilmore

Kathy Gilmore will be providing an exciting new service for investors to help them with their planning and investing strategies.  Kathy’s segment will provide a quarterly market briefing to help keep investors informed of the state of the market. Kathy will share statistics on current sales, average sale prices, days on market, available inventory, what areas are hot, and what’s not! Kathy will provide updates on a quarterly basis in January, April, July and October and will include input from active realtors and investors in the DIG market area to get snapshots of certain areas each quarter.New Feature at DIG Meetings!  Learn what’s going on in YOUR market! Join us at the meeting and Be in the Know – the first step to know what’s going on in YOUR market!

BUY-SELL-TRADE HAS COME TO DIG!

Enables DIG members to bring deals to the meeting and have them presented in front of the entire DIG membership! Visit the Buy-Sell-Trade page for more information, or click here to download the Buy-Sell-Trade form which you can submit to: Stephanie.pappas@verizon.net.  

Hope to See you there!