Real Estate Investors Association of Greater Cincinnati

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General Membership Meeting

with...  Multiple Speakers

Lease/Options: They are golden!

Thursday, July 20, 2017

Ramada Plaza
11320 Chester Rd.
Cincinnati, OH 45246

2.50

OPHP Credits
What is OPHP

Early Meeting:
Entities and asset protection for beginners.
Here at REIAGC, we see WAAAAY too many new investors who are talked into complex, unnecessary asset protection schemes that cost a lot of money and don’t do much to protect you.

At this new investor’s workshop, attorney James Flax will untangle the differences between the most commonly-used entities for owning real estate, running a flipping business, and more, and discuss how having the right –simple!--business structure saves you taxes AND is an important part of your liability-reduction strategy.

Early active
What to do when your (tenant/buyer/debtor) declares bankruptcy

It’s a scary moment when you get one of those big envelopes from the bankruptcy court—and if you deal with enough rentals, or lease/options, or land contracts, or notes, it’s going to happen to you. What are your rights as a creditor? Should you get your own attorney? Are you even allowed to contact your debtor? All these questions and more will be answered at this early meeting!

Main meeting

Lease/Optioning: Your Perfect Wealth Building Strategy with Matt Reed

The exit strategy of leasing houses with option to buy (“lease/options”) has come roaring back along with the health of the housing market. And no wonder; in some ways it’s the perfect strategy, giving you:

  1. Upfront cash (in the form of a non-refundable ‘option fee’ paid by your tenant)
  2. Monthly cash flow
  3. Tax breaks from depreciation and write offs
  4. Back-end cash, when your tenant buys the property at top dollar in 2-3 years
  5. Tax-free cash, if you exchange the property or do the deal in your IRA

If you’re looking for a real-life, no B.S., warts-and-all look at how this strategy works right here in Ohio, look no further than our July meeting, when Matt Reed shares his business of buying middle-end homes using private money, renovating them, then lease/optioning them to moderate-income tenant/buyers.

He’ll talk about what types of properties he targets and which he won’t touch with a 10 foot pole, who beats down his door to give him 5-10% cash up front, how many actually buy and why it doesn’t matter when they don’t, and more.

Matt is a REIA favorite for his no-hype style and his deep understanding of how the market works. Be there for this detail-filled presentation.


Members:
FREE
Non-Members:
$0


Print a FREE Guest Pass

Never been to a meeting before? First Time Guests can attend their first meeting for Free with a complimentary Guest Pass.


Date: Thursday, July 20, 2017
Time: 6:00 PM - 9:00 PM

Location:
Ramada Plaza
11320 Chester Rd.
Cincinnati, OH 45246

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OPHP Credits:
Regulations - Federal (1.00 hours)
Finance (1.50 hours)
What is an OPHP Credit?

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