November

Volume 10, Issue 9
November, 2008
How to Get More Short Sales Accepted By the Bank
(REIANO.COM) REIANO Plus
LLC, the Real Estate Investors
Association of Northern Ohio,
welcomes ‘ short-selling ’ real
estate investing expert Dwan
Bent-Tywford to our monthly
TELESEMINAR
on
Wednesday, November 19th
, 2008 from 7pm to 9pm.
This new format will allow
more of our members and
guests
to
benefit
from
REIANO monthly program by
being able to participate every
month from the comfort of
your own home. Just call 1712-432-3000 and punch in
PIN Code 752403 and join us.
NOVEMBER AGENDA!
Virtual General Meeting via TELESEMINAR *
Wednesday, November 19th, 2008
7:00 pm to 9:00 pm
Call In Number: 1-712-432-3000
(Members, watch for your TOLL-FREE number in the mail)
Bridge Code: 752403
* In Lieu of REIANO’s Wednesday Monthly Meeting at the Holiday Inn – Independence
Inner Circle NETWORKING Club
...In Less Time
...At Bigger Profit Margins
Do YOU Want To Learn What Dwan Bent-Twyford's
Been Doing Right Now in This Market
to Maximize Her Profits in This Economy
and How She's Recommending You Do Deals
to Cash in While You Still Can ! ! !
(REIANO.COM) REIANO Plus LLC, the Real Estate
Investors Association of Northern Ohio, is very excited
to have ‘ short - selling expert ’ ,Dwan BentTywford, deliver a highly educational and
enthusiastic presentation that reveals how to turn nogo real estate deals into highly profitable ones, during
REIANO’s monthly TELESEMINAR on Wednesday,
November 19th , 2008 from 7pm to 9pm. This
new format will allow more of our members and
guests to benefit from REIANO monthly program by
being able to participate every month from the
comfort of your own home.
VIRTUAL GENERAL MEETING*
via TELESEMINAR
Wednesday, November 19th, 2008
7:00 pm to 9:00 pm
Call In Phone Number
1-712-432-3000
Bridge Code
752403
Tuesday, December 9th, 2008
6:30 am to 8:30 pm
* In Lieu of REIANO’s Wednesday Monthly Meeting at the
Holiday Inn - Independence
at Ponderosa Steak House
12555 Rockside Road
Are You Missing Out on The
BIGGEST BONANZA in a
Decade or Lifetime ? ? ?
Members - $10*
Non-Members - $ 20*
* Includes Dinner – Buffet with Steak or Chicken Dinner (eating is optional – cost is not)
(Continued on page 2)
Page 2
The Wealth Builders Journal
(Continued from page 1)
How to Get More Short Sales Accepted …
Did YOU know that Dwan and Bill are
buying everything that they can get their
hands on . . . here’s how and why ! ! !
Houses are cheap, short sales are
getting easier (done correctly) and you can
still sell houses despite the economy. You
may not be able to sell them to every 'Tom,
Dick & Harry' but there's still plenty of
house buying going on and investors who
tap into the correct strategies are making a
bundle and or setting themselves up for big
paydays in the coming months and years.
You Need to Listen to This
Teleseminar . . .
If you: Spend what seems to be an
eternity doing one short sale. (they don't
take that long if you do it the right way)
If you: Get less than 85% of your short
sales accepted by the bank
If you: Have to "scramble" to close the
deal once you have the short sale accepted
because you don't have a huge list of
waiting buyers who have money and the
experience to close quickly
If you: Don't even do short sales because
you thought they were too hard or
complicated
(or
for
any
other
reason/excuse "under-the-sun")
If you’re:
New and just have not
learned what they're all about yet...
If Any of These are True for YOU . . . Then
YOU will want to tune in on WEDNESDAY,
November 19th, 2008 at 7 pm EST to
REIANO Plus LLC interview with the
leading authority on Short-Sales, Dwan
Bent-Twyford.
VIRTUAL
GENERAL MEETING*
via TELESEMINAR
Wednesday,
November 19th, 2008
7:00 pm to 9:00 pm
Call In Phone Number
1-712-432-3000
Bridge Code
752403
* In Lieu of REIANO’s Wednesday
Monthly Meeting at the Holiday Inn
- Independence
November 2008
In Dwan's Own Words
Throughout my adult life I have
worked an endless string of dead-end jobs
ranging anywhere from waiting tables at
Denny's, to selling vitamins on the phone,
to owning a chain of tanning salons. Most
of the jobs in my past paid okay, but they
were unrewarding and required me to
work a lot of hours. I went from job to job
searching for something that I could really
sink my teeth into without much success. I
thought I had found it with the tanning
salons. As it turned out, I was tied to the
salon seven days a week. Every weekend
when one of my girls called in sick, guess
who had the privilege of working? Right…
me. I got to the point where I hated the
business because of the insane hours.
Around this time, I met a man and
decided to get married, have babies, and be
a stay-at-home Mom. At 29, I had a baby
on the way and life was looking pretty
good. But… things happen and a year later
I found myself with an eight-month old
daughter going through a divorce. Life as
a single Mom had definitely not been in my
game plan. I needed to go back to work,
but the idea of leaving my daughter in daycare, working for someone else all day,
and then at the end of the week, paying my
hard earned money to the day-care center,
was unacceptable. This just wasn't a
sacrifice I was willing to make!! I needed a
new game plan and quickly.
As fate would have it, around this time
I met a group of guys who seemed to be
leading a pretty leisurely life… golf every
day, always traveling, constantly going
out and spending money freely. You name
it; they were doing it. Turns out they were
real estate investors. I knew I had found
the answer to my prayers. Being a real
estate investor would allow me the
freedom to work from home and raise my
daughter myself. I learned as much as I
could and went for it.
(Continued on page 3)
“The Wealth Builders Journal”
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Mary Lou Best
Shannon I. Best, II
Contributing Writers:
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Richard Hackerd
Rex Harper
Howard Kass
Howard Krantz
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Nina Murzyn
Chris Myrick
Jackie Parries
David Riehl
Dennis Zab
Writers’ and speakers’ comments are not necessarily those of the Association; seek
professional advice. Members are encouraged to submit articles, questions, and letters or
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Phone: (216) 961-8855
Volume 10, Issue 9
(Continued from page 2)
In Dwan's Own Words …
I bought my first dump and went to
town. I became such a regular at Home
Depot; the guys would run from me. They
knew if they stopped to answer "just one
quick question," I'd keep them for an hour
asking details about my next step of rehab.
I took all the weekend classes they offered,
learned what I could, and got my rehab
underway. I did all the work on the
property myself: paint, tile, plumbing; you
Short
Sale
Secrets
A
by Dwan Bent-Twyford
NYONE
actively
investing
in
foreclosed and distressed properties
has no doubt come across one
major problem… Finding deals with equity!
Trust me, this is a nationwide problem.
There are so many foreclosures out
there;
unfortunately
most
of
the
homeowners owe what their property is
worth. I find that most investors walk away
from deals with no equity. They either
don’t know what to do with a no-equity deal
or they are unwilling to put forth the effort
necessary to make the deal work.
In situations like this, I SHORT SALE
the mortgage. “What is a short sale?” You
ask. To short sale a mortgage means
getting the bank to accept less than is what
is owed as payment in full.
There are several steps that will ensure
your success when short selling mortgages.
First of all, you must have the
homeowner under control. Many investors
are under the misconception that they can
buy the property directly from the bank
while it is in the foreclosure process. Not
true! The bank does not own the property
until the moment of the courthouse sale.
You can buy the mortgage and finish the
foreclosure process, but you cannot buy the
property. You’ll have to work hand-in-hand
with the homeowner if you plan to short
sale mortgages.
Here is how it works: A homeowner
calls you and tells you he is in foreclosure;
owes $95,000 on his property; it’s worth
The Wealth Builders Journal
name it, I did it. I started to see a light at
the end of the tunnel. The more I worked,
the better my property looked. After the
repairs were completed, I put the house on
the market, sold it four days later, made
over $20,000 on my first deal and never
looked back!!!!!!
Being a real estate investor has been
such
an
incredible
life-changing
opportunity for me, I can't wait for you to
get started. The last several years have
been especially good. I met a wonderful
Page 3
man at a real estate seminar and recently
got married! Along with Bill came two
bonus kids. Now we are a family of five
having a blast together. I have never been
happier. For all of you reading this,
especially parents, you owe it to yourself
and your kids to live the American dream.
If you're like me, you won't regret one
single day in thi s business. You might even
find the perfect mate!
.
$100,000 and he is 8 months in arrears.
He wants to move on with his life but can’t
sell his house because he owes what it is
worth. Here is where you come to the
rescue. You meet with the homeowner and
have him sign an “Authorization to Release”
form (this gives the bank permission to
speak with you about the account) and a
sales contract for the amount you are
willing to pay for his property. In this
scenario I am going to offer $50,000.
She contacted the bank and began the
process. Her first offer was $50,000. The
bank laughed and told her to make a higher
offer. After several phone calls, the bank
agreed to accept $130,000 as payment in
full. That is a $67,000 short sale!! With
the new payoff of $130,000, she then
wholesaled the property to her friends for
$140,000 and made a smooth $10,000 in
less than a week!!! Personally, I think she
gave the property away too cheap (smile).
Next, you call the bank and ask for the
Loss Mitigation Department. This is the
department that handles properties that are
in foreclosure. Tell the person handling the
account that you are trying to help Mr.
Smith with his foreclosure and you are
willing to buy the property from him.
However, due to it’s poor condition you are
only willing to pay $50,000 as payment in
full. Fax the sales contract for $50,000;
comps in the area; an extensive list of
repairs that are needed to bring the
property up to marketable condition; a net
sheet (a title company will help you with
this); and some really bad pictures. The
bank will then review the information and
make a decision. Let’s say they counter at
$65,000; you counter again at $55,000;
they accept! It’s that simple! I short sale
many, many mortgages every year. Banks
are not in the business of owning
properties. They would rather short sale a
mortgage than go to the courthouse steps.
This is a typical case where having a
firm grasp on creative real estate enabled
Cathi to turn a “nothing deal” into a
“something deal” just by picking up the
phone. She made money (and a lot of it) on
a deal most investors would have passed by.
The bank was happy with the short sale,
Cathi made $10,000, and her friends
bought a home with $60,000 equity!
I’d like to share an incredible deal one
of my Foreclosure Fortune Hunt graduates
put together. Her name is Cathi Dubois.
Cathi was helping some friends find a
home in which they would live. They came
across a property valued at $200,000 in a
distress situation. The property had a
mortgage of approximately $197,000 and
was in need of several thousand dollars of
repairs. Based on the fact that the current
owner owed what the property was worth
Cathi did what any prudent investor would
do, she did a successful short sale.
So… the next time you get a call from a
distressed homeowner with no equity, what
will you do? Walk away or make a few
simple calls
and turn your
time
into
cash?
I
certainly
hope you will
make
the
small effort it
takes to short
sale
the
mortgage. It
is such an
easy way to
make money
in
an
industry
where great
deals are tough to come by. When you
short sale a mortgage, not only are you
helping yourself; you are helping a very
distressed homeowner and giving them the
chance to start over.
One can never go wrong when win/win
is the solution.
Contact us at
www.theieu.com
Page 4
The Wealth Builders Journal
November 2008
This Month’s “HOT” Investor Tip
Frequently Asked Short Sale Questions
By Dwan Bent-Twyford
When investors find out I specialize in short
sales, they always have so many questions.
Here are the answers to some of the most
common. Hopefully, these answers will
give you a better understanding of a short
sale and how to do one.
WHY DO THE BANKS SHORT SALE?
• The mortgage is in arrears or foreclosure.
• The property is in poor condition.
• The homeowner has hardships and
cannot afford the payments.
• New homes in the area are being chosen
over existing homes.
• The
area
or
neighborhood
depreciated in value.
has
• The bank’s shareholders are concerned
when there are too many defaulting
loans on the books.
• Some banks are required to prove a loss
each month… let’s help them out.
• Some banks are required to have an
amount equal to or up to six times the
retail value of each REO “on hand” –
ouch, that hurts.
• An REO is a liability, not asset. Too many
liabilities will cause any business to go
under if not dealt with quickly.
CAN I SHORT
PROPERTY?
SALE
A
NICE
Absolutely! As you can see, banks short sale
for many reasons other than the poor
condition of the property.
WHAT STEPS DO I TAKE TO
COMPLETE A SUCCESSFUL SHORT
SALE?
Find a property owner in distress.
Put a deal together with the homeowner.
Call the Loss Mitigation department at the
bank.
Fax them your offer along with the
following:
a. Your cover letter explaining why you
can’t offer full price.
b. The sales contract.
c. Justifying comps of the area.
d. Pictures, if you have them.
e. A net sheet or closing statement (a sheet
that shows the bank exactly how much
they will net after closing costs, taxes,
etc. are paid).
f. A hardship letter from the homeowner
that mentions the dreaded word….
bankruptcy.
Have the homeowner sign an authorization
to release form.
g. Estimated list and cost of repairs, using
retail repair prices that the normal
homeowner would pay for these items.
Fill out a sales contract for the amount you
want to offer the bank and have the
homeowner sign it.
(Continued on page 8)
Volume 10, Issue 9
The Wealth Builders Journal
Page 5
TAX RETURN PREPARATION
by CPA with Specialty in
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Served on REIANO board for years
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[email protected]
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Page 6
The Wealth Builders Journal
November 2008
Finding Your Magic Investing Formula
P
by Robert Kiyosaki
eople often ask me, "How do you find great investments?"
My standard reply is, "You have to train your brain to see
them. Great investments are all around you."
lot of money, and then legally use the tax laws to minimize my own
taxes. I suspected it would spark some controversy, and it did.
I know that's not a very satisfying answer. Most people want
something more specific and concrete. But my reply is as accurate
as possible. If we could've seen all the great investments just in the
past decade, we'd all be multi-billionaires.
Missing Out on Millions
There have never been more opportunities to become rich than
in the last 10 years. And there'll be even more opportunities in the
next 10. Let me explain. Like many investors, I didn't see the power
of eBay almost a decade ago. If I had, I'd be a billionaire today. Nor
did I see the power of YouTube, or Google, or MySpace. Being an
old guy, my brain isn't trained to see investing opportunities in
cyberspace. So I missed them.
Thirty years ago, when my business career was just starting at
Xerox, I was introduced to a new type of computer. I wasn't tuned
into computers at the time, so little did I know that I was looking at
the early version of what was to become the Macintosh. So I also
missed that billion-dollar opportunity, too. How many billion-dollar
opportunities have I missed? Maybe millions.
If I've missed so many million- and billion-dollar
opportunities, why am I writing articles and speaking worldwide
about financial independence? That's a valid question, and the
answer has to do with helping you find great investments.
Perseverance Pays Off
I took my first real estate investment course in 1974 in
Honolulu. The cost was $385, and I believe it was two or three days
long. Toward the end of the class, the instructor said something I've
never forgotten: "Now you know the difference between good real
estate investments and bad real estate investments. Now you all
know what to look for."
He paused and then added, "The problem is, most people will
tell you such investments don't exist. Your friends will tell you so,
and so will real estate agents." Truer words were never spoken. For
the next few months, I went from real estate office to real estate
office, looking for investments. As promised, the real estate agents
told me what I was looking for didn't exist. My friends and coworkers at Xerox told me the same thing, and said I was either
dreaming or smoking funny cigarettes.
Finally, in a small, obscure real estate office in downtown
Waikiki, I met a scruffy little broker who said, "I have what you
want." The next weekend I was on a plane to Maui, where he'd
found an entire condominium development that was in foreclosure.
I purchased my first piece of investment real estate for
$18,000, putting the $2,000 down payment on my credit card. The
one-bedroom/one-bath condo paid me a positive cash flow, even
after all the expenses and mortgage payments. My investment
career had begun. More important, I was training my brain to see
what most people don't see. That $385 real estate course has made
me millions of dollars over the years.
Keep an Open mind
Earlier this year, around tax time, I wrote an article, "Think
Rich to Lower Your Taxes." It was about an investment strategy
known as the "velocity of money," and how I use it to invest, make a
For a couple of weeks, I kept track of responses. Some of the
less-complimentary comments reminded me of what those real
estate agents and my friends at Xerox said to me back in 1974.
You see, our brains are either our greatest assets or our
greatest liabilities. As I said, when it comes to investment
opportunities in technology, my brain is a liability; I just don't get
it. When it comes to investment opportunities in real estate, gold,
oil, and silver I'm above average, but not great. And that's because
I've trained my brain to see opportunities in those areas.
So, instead of criticizing the readers who were close-minded (or
even mean-spirited) about my advice, I encourage them to keep an
open mind and find their own way of seeing investments most
people miss. That's how you get rich. People who refuse to open
their minds to new strategies seldom become rich -- which I guess is
why there are more critics in the world than rich people.
Finding Your Magic Formula
One of the most important things my rich dad taught me was to
never say, "I can't do it" or "I can't afford it." Those thoughts are
self-limiting, and it's hard to find great investments when you're
basing your behavior on limitations. In today's world, there are
more investing opportunities than ever before. Why would anyone
want limited financial results in an unlimited world?
One of the reasons I write about financial independence is so I
can put forth ideas that challenge the way people think about
investing. If you want the same old financial-planning dogma of
"work hard, save money, live below your means, get out of debt, and
invest in a well-diversified portfolio of mutual funds," then my
philosophies are obviously not for you.
My job is to stimulate your thinking, inform you about why rich
people get richer, and encourage you to find the magic financial
formula that works for you. I found mine, and I want you to find
yours.
Robert Kiyosaki wants you to enjoy financial freedom. Believe it or not, even in today's shaky
economy, there's HUGE opportunity financially.
Reproduced with permission from the Ron White Ezine. To subscribe to Ron White's Ezine, go to
http://www.MemoryInAMonth.com Copyright 2008 All rights reserved worldwide.
Volume 10, Issue 9
The Wealth Builders Journal
Page 7
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E-Mail: [email protected]
Page 8
The Wealth Builders Journal
November 2008
Loss Mitigation: Friend or Foe
I
By Dwan Bent-Twyford
t is virtually impossible to complete a successful short sale
without dealing with the loss mitigation department at the
bank. So, how does one deal with loss mitigation successfully?
Hopefully I can shed some light on that today.
For those of you who are new to investing, you might be
wondering what a short sale is. Good question. A short sale is
getting the bank to accept less that what is owed as payment in full.
For example: You find a homeowner in distress who owes
$100,000 on a property that is worth $100,000. What do you do?
Most investors walk away unless they know how to short sale.
Using my “short sale secrets”, you get the bank to accept $55,000 as
payment in full. You now have equity in a deal that had none, the
homeowners are ecstatic as they can move on with their lives, and
the bank has a defaulted loan off its books. Short sales are win/win
for everyone.
Once you have your homeowner under control and your short
sale package together, you are ready to deal with loss mitigation.
When making the initial phone call to the bank, ask for the loss
mitigation department. Some customer service reps may say that
the bank does not have a loss mitigation department. Keep trying.
Ask if the bank has a work-out department, foreclosure department,
short sale department, loan modification department, or
reinstatement department.
The reason I ask for different
departments is many times a new person is working the customer
service phone and may have no clue what you actually want. By
using a term they are familiar with, you will eventually get to the
right person.
You have loss mitigation on the phone; it’s time to get to work.
This person will make or break your deal so be very nice. Your
initial conversation should go something like this: “Hi, my name is
your name here and I am calling on behalf of Bob and Sally Smith
(your distressed homeowners). I have an “authorization to release
information” form I’d like to fax to you. What is your fax number?
(Stay on the phone while the rep retrieves the form from the fax
machine) Great, I’ll send it right over. – the rep gets the
authorization and returns - As you know Bob an Sally are in
foreclosure. I recently met them and they seem like sweet folks.
When I found out about Bob and Sally’s dilemma, I said I’d try to
help. They would like to sell their property and move on with their
lives. I own several rentals in the area and am willing to purchase
Bob and Sally’s property. However, we have a big problem. I called
a real estate agent friend of mine and ask her to run comps for me.
Based on her comps and based on what I know about the area, Bob
and Sally owe much more than their property is worth. As I said,
I’m willing to help them out of foreclosure as well as helping you get
a defaulted loan off your books, but I can’t possibly pay the
mortgage balance. Will you entertain some sort of short payoff or
something along those lines? Great! What do you need from me?”
As you can see in my conversation, I do not come across as a
professional investor out to make a killing on the banks loss. Many
investors chose to present themselves that way. I have much more
success as a friend trying to help poor Bob and Sally. Use
whichever approach makes you feel most comfortable. However,
don’t lie to get the deal. I did recently just meet Bob and Sally, I do
have rentals, I do have a real estate agent friend, and I am willing to
purchase Bob and Sally’s property. In your conversations with loss
mitigation, be certain to refer to your distressed homeowners by
name as often as possible. This makes them seem more real to the
rep. I am trying to get a banker to make an emotional decision as
well as a business one.
Once you build rapport with the loss mitigation rep, send your
short sale package. I call my reps at least once a day to follow-up.
Always ask the rep how the day is going, how the weather is where
they are, how the kids are, and so on. You want the rep to look
forward to your calls, not dread them. Find out who makes the
actual decision, how long it typically takes, how long the rep can
give you to close once your deal is accepted, etc. With a helpful
attitude from you, your loss mitigation rep will push your deal
through quickly.
Once your deal is accepted, get it in writing immediately. Find
your buyer or arrange financing and get the deal closed. You don’t
want anything to happen between the acceptance and the closing to
make you lose your deal. Once the deal is closed, send the rep
flowers or a gift basket and write a letter to the reps boss. The rep
will remember you and the next time you call about a short sale, the
rep will be more than willing to help you again. Loss mitigation:
Friend or foe? I say friend!
For more information on short sales, contact me at
www.theieu.com
(Continued from page 4)
This Month’s “HOT” Investor Tip …
WHAT HAPPENS TO THE HOMEOWNERS CREDIT?
When you negotiate a successful short sale, keep in mind that
the agreed upon price is payment in full. However, the homeowners
may still owe the difference between the mortgage balance and the
discounted amount via a “deficiency judgment.” If granted, this
judgment will affect the homeowners and their credit report just as
any other judgment. You must get the bank to agree to accept
“payment in full without pursuit of any deficiency judgment.”
In addition, you need to explain to the homeowners that the
discounted amount (the difference between the mortgage balance
and the short sale) may be declared as income on their income tax
return by means of a “1099.” The homeowners can speak with their
accountant for advice. Since the homeowners have been in such
duress and probably haven’t made much income, a 1099 may not
adversely affect them.
I hope this sheds some light on short sales. As you know, nine
out of ten deals have no equity. To be successful in this business,
trends call for you to be a short sale expert. Check out my website
www.theieu.com
“LIKE A GOOD NEIGHBOR, STATE FARM IS THERE”
WE LIVE WHERE YOU ARE
Carolyn Kuczmarski, Agent
7119 Brecksville Road
Independence, OH
(216) 328-0280
LIKE A GOOD NEIGHBOR
STATE FARM IS THERE
www.statefarm.com
PO26040 State Farm Insurance Companies Home Offices: Bloomington, Illinois 04/02
Volume 10, Issue 9
Reiano Plus reserves the
right to refuse any and all
advertising
requests.
REIANO
Plus
also
assumes NO responsibility
for claims made in advertisements appearing in
this newsletter.
The Wealth Builders Journal
Page 9
Trade, Swap & Sell
Reiano Plus LLC assumes no responsibility for claims made in Trade, Swap & Sell
Following is the list of those items presented for Trade, Swap & Sell at the July. 2008 Membership Meeting:
™
™
™
™
™
™
™
™
™
™
PROPERTY MANAGEMENT FOR INVESTORS ............. BEST & ASSOCIATES
C 21 HOMESTAR REALTY, OVER 25 YEARS EXPERIENCE INVESTORS ........ SHANNON
ODORXIT-CONCENTRATE $35.00 /KO EXTREME ODORS ..................... MARY LOU
INVESTMENT ADVISOR OFFERS RE INVESTORS ASSET MANAGEMENT .......... DARREN
INVESTMENT LOANS - MORTGAGE NOW INC ............................................ RICK
IDENTITY THEFT TAKES PLACE EVERY 7-9 SECS-BE PROTECTED FOR $12.95 CHARLIE
PROPERTY @ WHOLESALE PRICES ..................................................NANCY
NEED PRIVATE LENDER FOR QUICK RETURN ON MONEY – SHORT SALES ... ART & LEE
CREDIT REPAIR WWW.LIBERTYCONSULTING.FIXCREDITBIZ.COM ..................... RICK
NEED A CREDIT PARTNER FOR A PRECONSTRUCTION ............................... BERNIE
(216) 961-8855
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(216) 832-9001
(216) 373-7425
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(440) 537-2026
(440) 935-3720
(216) 373-7425
(440) 773-6102
Success is nothing more than a few simple disciplines,
practiced every day; while failure is simply a few
errors in judgment, repeated every day. It is the
accumulative weight of our disciplines and our
judgments that leads us to either fortune or failure.
Jim Rohn
REIANO 2008
MEETING SCHEDULE
January
February
March
April
May
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23rd ;
20th ;
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ADVISORY BOARD
Dennis Zab
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Howard Kass
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(216) 214-3537 cell
Mary Lou Best
(216) 214-3538 cell/vm
Nina Murzyn
(216) 496-0428 cell
Jacqueline Parries
(216) 721-5333
Diane Friedman
(216) 291-1009
BEFORE YOU PAINT STINKY AREAS
OR REPLACE SMELLY CARPETS AND
REFRIGERATORS –
Use OdorXit To Eliminate –
Pet and Organic Odors Forever!
Make Sure Your Investment
has No Smell At All!
OdorXit will SAFELY Eliminate:
•
•
•
•
•
•
Cat Urine Smells Embedded in Carpets, Fabric,
Wood & Concrete!
Rotten Food Odors from an Unplugged
Refrigerator!
Dog/Cat Feces Odors in Carpets/Floors!
Male Cat “Territorial Spray” Odors!
Mold & Mildew Odors! Flood Damage Odors!
Sewer Backup Odors!
Only $ 35* for a 16 oz
concentrated bottle.
Makes 4 Gallons!
Call (216) 651-6655
or Fax (216) 961-8816 and ORDER Now!
Members price only. Non-Members: $39.00.
Page 10
The Wealth Builders Journal
The Identity Theft Shield gives you easy
access to the resources you need to
understand your credit ratings…and to
fight back if an identity thief threatens
your financial standings.
For more information call:
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Mountain Resort
Lots for Sale
Innsbruck Resort & Golf Club is nestled high in the
mountains of northeast Georgia in the scenic
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Private owner is retiring and liquidating assets.
Owner financing for qualified individuals.
Contact: Bob Murzyn at (440) 461-4646
November 2008
REIANO plus y (216) 651-6655
MORTGAGE NOW INC.
“Your Partners In Lending”
RICK KUCZMARSKI
RESIDENTIAL LENDING SPECIALIST
OFFICE: (216) 373-7425
FAX: (216) 373-7425
VOICE MAIL: (216) 590-1139
E-MAIL: [email protected]
7119 BRECKSVILLE ROAD, INDEPENDENCE, OH 44131
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PH: 440-230-2929
Fax: 440-230-0317
• Credit Report
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www.ScreeningServices.com
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VIRTUAL MEETING … WEDNESDAY, NOVEMBER 19 th, 2008 AT 7 PM
How to Get More Short Sales Accepted By the Bank
(REIANO.COM) REIANO Plus
LLC, the Real Estate Investors
Association of Northern Ohio,
welcomes ‘ short-selling ’ real
estate investing expert Dwan
Bent-Tywford to our monthly
TELESEMINAR
on
Wednesday, November 19th ,
2008 from 7pm to 9pm. This
new format will allow more of
our members and guests to
benefit from REIANO monthly
program by being able to
participate every month from
the comfort of your own
home.
Just call 1-712-4323000 and punch in PIN Code
752403 and join us.
TELESEMINAR
STARTS at 7:00 PM !
...In Less Time
...At Bigger Profit Margins
Do YOU Want To Learn What Dwan BentTwyford's Been Doing Right Now in This Market
to Maximize Her Profits in This Economy
and How She's Recommending You Do Deals
to Cash in While You Still Can ! ! !
VIRTUAL GENERAL MEETING*
via TELESEMINAR
Wednesday, November 19th, 2008
7:00 pm to 9:00 pm
*
In Lieu of REIANO’s Wednesday Monthly Meeting at the
Holiday Inn - Independence
See front page article
For full details