Tomorrow (Thusday Feb 19) I’ll be giving the stats presentation for the monthly Austin Real Estate Networking Club. Each month a different Realtor is invited to provide a real estate overview of the Austin market, and I’ll be up this month and March also.
But that’s not why I want to encourage and invite you to attend the meeting tomorrow. My friend Rick Villani, author of the book Book “Flip – How to Find, Fix and Sell Houses for Profit“, will be be presenting the topic for the night, “How To Make Smart Investment Decision”.
If you are an Austin real estate investor, you must attend this and hear what Rick has to say. I’ve attended several of his workshops and cannot say enough about how much I admire and respect the evaluation processes and approach that Rick brings to the business of flipping real estate.
His company Home Fixers has flipped over 1,000 homes as well as performing rehabs for other investors. They did a beautiful remodel for one of our buyers last year. He knows how to evaluate a deal, which rehab items to focus on, and most importantly, he’ll share some of the most common mistakes and pitfalls he sees investors make, and his 5 step process for making smart offers.
Topics will include:
Why do so many people lose money investing in real estate?
What are the biggest mistakes others make and how can I avoid them?
How do you determine the risk of a particular improvement project? How do you compensate for risk?
When should I manage improvements myself verses hiring a general contractor?
The Austin real investors networking club meets the third Thursday of each month from 7PM till 9PM at Ventana Del Sol, 1834 E Oltorf St. A map is below. Guests are invited for a $10 cover charge. The $10 is credited toward your annual membership fee if you join. See you there.
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