Minnesota Real Estate Investors Association, Inc.

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Evaluating Deals and Constructing Multiple Offers - July Meeting

with...  Mike Jacka

Learn how to look at a property, ask the right questions and easily construct multiple offers that will increase your chances of getting your offers accepted. As well as what to do with the properties once you have them under contract

Tuesday, July 11, 2017

Ramada Plaza Minneapolis
1330 Industrial Blvd. N.E.
Minneapolis, MN 55413

1.50

PHP Credits
What is PHP?

Topics:

Comps: We'll show you how to use some free online resources to find true comparable sold properties to determine the ARV (After Repaired Value) of the subject property.

Negotiating: With the right tools at your disposal and a little understand of how to find the sellers true motivation then negotiating is actually a lot easier than most people think. We will spend a considerable amount of time learning how to use a Seller Net Sheet, which is a realtor’s #1 tool for getting offers accepted.

We'll also discuss some basic negotiating techniques that will turn you into a master negotiator once you learn some key phrases to listen for and when to speak and how to speak when necessary.

Constructing Multiple Offers: Estimating repairs and finding good comps are the most important part of any offer, but if you don’t know how to construct an offer, then all that effort was for not. To increase your odds of getting your offer accepted, you need to present the seller with multiple options. The challenge for most investors is how to construct more than one option that works for both the seller and yourself. By the end of this workshop, you will have the tools to help you do just that.

Building a Buyers List: A Good quality buyers list will make you more efficient and confident when it comes to negotiating with sellers and constructing multiple offers. At this workshop, we will even discuss some proven strategies to help even the most inexperienced newbies as well as many seasoned investors looking to shift their business model build a quality buyers list.

This workshop is designed to help you build the tools/systems needed to get your offers made and increase the likelihood of them getting accepted, and then what to do with the properties once your get them under contract.

Meeting Agenda

  • 5:30 pm - Registration / Check-In / Networking / Vendors / MnREIA Trivia
  • 6:00 pm - Early Bonus Session (Market Update)
  • 6:40 pm - Break Out Session
    • New Gust Orientation
    • Networking for Members
  • 7:00 pm - Haves and Wants
  • 7:30 pm - Main Presentation
  • 9:00 pm - Adjourment

Play MnREIA Trivia

Everyone that plays is a Winner,
and one lucky winner will receive $50 in REIA Bucks. 

To Play REIA Trivia, simple visit the Vendors to get the Questions (if you ask them, they may even help you find the answers), write your answers down on the Answer Sheet that you get when checking in. Then turn the Answer Sheet in and take a spin at the REIA Trivia Spin Wheel to see what you have won.
Audio Archive from this Meeting

Log In to listen to the Audio Archives.

  • 14:10 minutes
  • - Haves & Wants
  • 16:29 minutes
  • - Vendors & Announcements
  • 16:21 minutes
  • 19:13 minutes
  • 17:52 minutes
  • 18:20 minutes
  • 15:33 minutes
  • 20:07 minutes

Members:
FREE
Non-Members:
$30.00


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: Tuesday, July 11, 2017
Time: 6:00 PM - 9:00 PM

Location:
Ramada Plaza Minneapolis
1330 Industrial Blvd. N.E.
Minneapolis, MN 55413

Google Map

PHP Credits:
Negotiation (1.50 hours)
What is a PHP Credit?

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