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Thur 4/17 was a ROCKIN' meeting about funding!

April 19, 2014 by bostonareia Leave a Comment

OLYMPUS DIGITAL CAMERAThursday’s meeting was absolutely ROCKIN’!  Standing Room Only!

These are just some of the comments we got:

Anya wrote, “A can-do approach to real estate investing!”

Ann wrote, “There was a lot of great information!”

Karen Lee wrote, “This was my first meeting with BostonAreia and it was full of invaluable info on raising capital. I initially went to get more info on the IRA funding for real estate but left with a bunch of new ideas. Many thanks to Bernadette for arranging this meet up. I’ll be back.”Bernadette Trafton, Chief Connector

Kathryn Acciari wrote, “Good morning Bernadette,It took me a few years, but I finally made it to a meeting and I am very happy to have done so.  Last night was quite informative, and I am excited to be looking at next steps. What a friendly and professional group of people you have at BostonAREIA.  I hope to be a regular attendee at the meetings and to also be able to provide folks with some connections and leads in Worcester County.  There are deals out here.  Thank you!”

First, I want to thank the members that took the time to walk up to me to thank me for such a great meeting and thank you to those who took the time to send a quick note!  I love the members of Boston AREIA!!!  Kathryn is absolutely right about what a friendly and professional group of people we have.

A quick recap…So, we started our 5pm coaching session which focused on building and developing your connections through networking.  I hope that everyone got a lot out of it and if you are a member of Boston AREIA and you want a copy of the powerpoint, make sure that you contact me at dette101@gmail.com.  Remember folks, it’s important to contact the people you met at the meeting no later than Tue and plan to get together for coffee.

OLYMPUS DIGITAL CAMERAWe began the meeting and of course, everyone knows that ENERGY IS EVERYTHING!  The energy you put into something is what you will get out of it.  So, first 5 lucky investors had their business cards pulled out of the proverbial hat and were given the opportunity to stand up and promote themselves to the group.  We followed this with forced networking…which gave folks the opportunity to exchange business cards fast and furious with rehabbers, wholesalers, investor savvy Realtors and more…I think that section is a favorite among our investors!

We followed the networking section with Dickens Pierre-Louis putting together a market update…we actually sped through this section because we had so much jam packed into the meeting…I will be posting this soon.  Thank you soooo much Dickens!  Our mentee, Mike Fitzpatrick got up and talked about how he and Jacqui are progressing and asked if folks could please vote on their logo – check out the blog post!  Then, Peg Graveline and Lisa West of JEM Property Group and Dan McKenna of Mckenna Family Homes walked through the numbers of the Walpole deal!  They made it real and dispelled some of those beliefs people get from the flipping houses shows on tv.  After that, we introduced our phenomenal panel of funding experts.  Peter McLoughlin talked about hard money, how it’s used, what a lender will expect from the borrower, one of the hottest topics based on questions asked by the group, was Investing through your IRA with Kevin Collins of Advanta IRA, then Ric Beaudoin of Sage Bank went over traditional lending, Kim Harrington covered how to develop your funding partners and Peg Graveline covered JVing with other investors to get your deals done.  What a great night!  I have to tell you, I had more people walk up to me at the end of the meeting to tell me how much they appreciated the programming and the speakers!  Thank you so much to Peter, Kevin, Ric, Kim and Peg!

Next month, we are doing a special coaching session from 5pm – 5:30pm for members.  Ric Beaudoin is going to come back and he’s going to go over becoming credit worthy for those with credit problems and maximizing your credit score with those who don’t have issues, but would love tips to get your score as high as possible.  After that, it’s all about exit strategies….so, the contract is signed, NOW WHAT?

See you next month!  And, remember, if you need something or if I can help with anything between meetings, feel free to reach out to me.  Happy Investing!

Yours in success,

Bernadette Trafton, Boston AREIA Chief Connector

Filed Under: Uncategorized Tagged With: 12/31/2012 deadline for gift tax, an advisor you can trust, boston, Boston Area real estate investors, boston area real estate investors association, boston areia, Boston Commercial Real Estate, Boston Marathon, boston Real estate, diary of a newbie real estate investor, flipping, free real estate education, lead geneRation online, ma Real estate, real estate mentorship, real estate mentorship contest, real estate social media, trusted advisor, www.bostonareia.com

MENTORSHIP CONTEST sponsored by Boston AREIA and JEM Property Group!

January 22, 2014 by bostonareia 2 Comments

We are excited to present this mentorship opportunity to the members of Boston AREIA!

We’ve had folks already reach out to us and ask…                               

“How do I submit my entry????!!!!” 

The winning entry will work directly with both Peg Graveline of JEM Property Group and Bernadette Trafton of Boston AREIA who will be focused on success!  TJem-Property-Logoopics being tackled (On the job training, not reading about) will cover:  finding the deal, analyzing the deal, putting the property under contract, funding, working with lenders, exit strategies (rehab and sell, wholesaling, buy and hold), really all the ins and outs of flipping properties and more.

In order for people to submit an entry for the Mentorship contest, you must be a member of Boston AREIA and complete and agree to the following by Feb 14th as the winner will announced at the Feb 20th meeting :

1. Submit an essay to Bernadette@BostonAREIA.com by Feb 14th, describing the following:

a.  What is your WHY?  What is your driving force? What is going to self-motivate you to follow through with your schedule.  For example, My WHY is a desire to provide the best lifestyle I can for my family and be able to do what I want, when I want.  Because of this, I’m pretty self and money motivated to reach my goals.  I am accountable to those goals as well.  Perhaps you are sick of working for someone else or you are looking for time freedom.  If we know your WHY it will be easier for us to hold you accountable to your goals.

b.  Why real estate?  There are multiple ways that people have the ability to create income and residual income.  Why are you choosing real estate?

c.  What are your short term goals over the next 3 months, 6 months and a year?

d.  What are you long term goals?  Where do you see yourself in 1yr, 3yrs, 5 years?

e.  What are your resources?  What kind of funds do you have for the purposes of marketing?  What kind of funds do you have to get a deal done, do you have funds for deposits on properties?  Do you have access to funds to invest in deals (savings, available credit, family or friend interested in investing, etc…?)

f.  How much time are you going to devote to your business every week?  Set yourself a schedule to work your real estate business and outline that schedule.

g.  What do you think is the biggest reason why we should choose you for the mentorship program?

2.  It will be required that the winning participant submits a blog entry once a month which will be featured in our “Diary of a Newbie real estate investor” segment.  Do you agree to submit a blog entry once per month to Bernadette@BostonAREIA.com?

3.  Boston AREIA and Peg Graveline of JEM Property Group reserve the right to outline any deals resulting in this mentorship program for the purposes of presentation and training purposes.

We look forward to receiving and reading essays from all who enter the contest and we are excited to work with you!

All the best and GOOD LUCK EVERYONE!

Bernadette Trafton, Boston AREIA

Peg Graveline, JEM Property Group

Filed Under: Uncategorized Tagged With: 12/31/2012 deadline for gift tax, an advisor you can trust, Boston Area real estate investors, boston area real estate investors association, Boston Commercial Real Estate, Boston Marathon, flipping, real estate education, real estate mentorship contest, www.bostonareia.com

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