RIG's May Business Member of the Month is Michael Plaia of Michael Plaia Farmers Insurance Agent Watch his presentation at the link below. Contact Michael at mplaia@farmersagent.com or 720-360-1637
RIG Welcomes its newest Business Member, Oxford House. Oxford House is a concept in recovery from drug and alcohol addiction. In its simplest form, an Oxford House describes a democratically run, self-supporting and drug-free home. Parallel to this concept lies the organizational structure of Oxford House, Inc. This publicly supported, non-profit 501(c)3 corporation is the umbrella organization that provides the network connecting all Oxford Houses and allocates resources to duplicate the Oxford House concept where needs arise.
The first Oxford House was established in 1975 in Silver Spring, Maryland. From the beginning, the group rejected ownership of any property and continues to rent – not purchase – single-family houses in good neighborhoods to establish new Oxford Houses. Between 1975 and 1988, eighteen Houses were established by and for recovering individuals. The principles of replication and guidelines for running a group home for recovering alcoholics and substance abusers embodied in the Oxford House Manual had become institutionalized in the Washington, D.C. Metropolitan area and in 1987 a house for ten men was rented in Bethlehem, PA.
We have something big coming to Denver. We are still in the planning stages and are looking for Speakers, Vendors, and Sponsorships.
Our conference will host incredible educators from around the country who are ready to share their valuable insights. We will have wonderful resources, plus guests will have access to private capital and business and commercial funding. Now is the time to grow your real estate business to new levels and network with sophisticated real estate investors joining us from around the nation!
Several Options for Ticket Purchases will be available soon. If you would like to promote your business during the event as a Speaker, Vendor, or Sponsor, email JEdenfield@Invest-Success.com
For those that do not know, I served in the US Coast Guard for 20 years. The Coast Guard Motto is Semper Paratus, a Latin phrase that translates to "always ready," and it's a motto that can be applied to many aspects of life, including real estate investing.
Real estate is a popular investment opportunity, and for a good reason. It has the potential to generate significant wealth, provide a steady income stream, and serve as a hedge against inflation. However, you must always be ready to succeed in real estate. This means having a solid plan, understanding the market, and being willing to adapt to changing circumstances.
A key aspect of always being ready in real estate investing is having a plan in place. Before investing in any property, you must clearly understand your goals, investment timeline, and risk tolerance. This will help you determine what type of property you should invest in, how much you can afford, and your expected returns.
In addition to having a plan, it's also important to understand the real estate market. This means staying current with trends, keeping an eye on property values, and understanding the factors that can impact real estate prices. You can make informed investment decisions and adapt your strategy as needed by staying informed.
Being always ready in real estate investing also means adapting to changing circumstances. Real estate markets can be volatile, and unexpected events can impact property values. As an investor, you need to be able to adjust your strategy and your investment approach to account for these changes. For example, if property values start to decline, you may need to consider selling your property or changing your investment approach to minimize losses.
Finally, being always ready in real estate investing means being prepared to put in the work. Real estate investing requires a significant amount of research, due diligence, and ongoing management. Whether you're managing your own properties or working with a property management company, you must be willing to put in the time and effort required to ensure your investments succeed.
Real estate investing can be a lucrative investment opportunity but requires significant planning, knowledge, and hard work. By adopting the Semper Paratus mindset and being always ready, you can increase your chances of success and build a solid real estate investment portfolio that generates steady income and long-term wealth.
Groups like Realty Investors Group (RIG), the John Fisher’s Breakfast Club, and Invest Success are great resources to help you develop your plan, network to find the people needed to put your plan in motion and stay current with the trends. Make plans now to join upcoming events and prepare to be Semper Paratus!!!!!
RIG welcomes our newest Business Member, Pamela Maass Garrett, with Law Mother Law Firm. Law Mother specializes in Estate Planning and Asset Protection for real estate investors. Start protecting the people you love and everything else you care about today. Schedule a complimentary 15-minute call at LawMother.com/go, call 720.706.0036 or email info@LawMother.com. Mention that you are a RIG member to receive $650 off a Family Wealth Planning Session (offer valid for Colorado Residents only).
RIG's Business Member of the Month is Steve Walsh with Exceptional Transformations.
Exceptional Transformations, LLC was founded in 2019 with a mission to inspire insight and transform the journey into joyful experiences. The founders recognized an opportunity to leverage their experiences and expertise in business, consulting, and investments to make a positive impact on society. At the core of the company's mission is the belief that by helping individuals and organizations unlock their potential, they can create lasting and meaningful change.
Steve, in particular, has a deep passion for helping others and inspiring continuous learning. His coaching expertise and extensive experience in the consulting industry make him a valuable asset to Exceptional Transformations' clients. Steve is committed to using his knowledge and skills to help individuals and organizations achieve their goals and reach their full potential.
At Exceptional Transformations, the focus is always on creating joyful experiences and transforming lives through insightful and transformative approaches. The team strives to provide exceptional service and support to all clients, with a commitment to always delivering measurable results.
Find out more information at https://www.2bexceptional.com or email swalsh@2bexceptional.com
Fix and flip projects are a popular investment opportunity for real estate enthusiasts in the Denver Metro area. These projects involve buying a distressed property, renovating it, and then selling it for a profit or holding it as a rental property. However, finding reliable and competent contractors to execute these projects can be challenging. In this article, we will discuss some tips for finding contractors for fix and flip projects in the Denver Metro area.
Research: Conduct thorough research to find a list of contractors specializing in fix and flip projects in Denver. You can use online resources, such as Angie's List, Yelp, HomeAdvisor, ManyBuild, and BidMyVid, to find a list of contractors in your area. Of course, a better method is to attend local investor meetup groups where contractors and investors come together.
Ask for referrals: Ask friends, family, or acquaintances who have completed a fix-and-flip project in the past for referrals. You can also contact real estate agents, property managers, or local real estate investment groups for recommendations. Two of the best groups are RealtyInvestorsGroup.org and https://invest-success.com/breakfast-club.
Check credentials: Verify the contractor's credentials, licenses, and insurance before hiring them. You can check with the Better Business Bureau and the Colorado Department of Regulatory Agencies for complaints against the contractor.
Interview candidates: Interview multiple candidates before selecting a contractor. Ask for references, portfolio of completed projects, and a detailed estimate of the project's cost and timeline.
Review the contract: Once you have selected a contractor, review the contract thoroughly before signing. Ensure that the contract covers all aspects of the project, including the scope of work, materials, cost, and timeline.
In conclusion, finding reliable and competent contractors for fix and flip projects in Denver Metro area requires thorough research, referrals, checking credentials, interviewing candidates, and reviewing the contract. By following these tips, you can ensure a successful and profitable fix and flip project.
RIG's March Business Member of the Month is Bryan Looney, Owner of ITrip Vacations Denver. Reach Bryan at denver@itrip.net or 303-835-0729
Short-term property management minus the headaches. iTrip Vacations Denver serves vacation rental homeowners and guests in: Denver, Douglas and Jefferson counties, including the cities of Arvada, Aurora, Denver, Englewood, Indian Hills, Littleton, Morrison and Golden.
Homeowners who list with iTrip receive: ✓ 24/7 Support From Local Property Managers ✓ Exposure on Over 80 Sites: Airbnb, HomeAway, VRBO, etc. ✓ No Restrictions on Owner Usage ✓ Free Light Maintenance ✓ No Rotation That Prioritizes Listings ✓ Automatic-response Systems ✓ Free Professional Photos and Video Tour ✓ Owners' Portal with Online Statements and Booking ✓ Expansive Marketing and Social Media Efforts ✓ Competitive management Fees
RIG’s February Business Member of the Month is the Many Build Solutions Team. Watch their video to see what they offer. Find them at ManyBuildSolutions.com