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May 16, 2012, 6:05pm




MEETING DETAILS
Location:

Cafe Trieste
2500 San Pablo Avenue
Berkeley, CA 94702-2013

Time: Thursday evenings @ 6PM sharp
Cost: $15

-RSVPs REQUIRED-
Email us at js@strishakrp.com to RSVP.

Only members will be admitted.
 
 
Note: Realtors, mortgage brokers, and other real estate professionals are
not eligible to join us.  They will be promptly asked to leave.
 
Our Members are Creating a Legacy...Join us!

This is your place, now is your time...to build substantial wealth through real estate investing. The Legacy Investor Network enables accredited investors to make wise, profitable investments. Whether you just made your first investment, purchased your first property or just completed your five hundredth deal, you've found the bay area's most dynamic real estate investment network.

You are the company you keep. The Legacy Investor Network was created for investors by investors. Each and every one of our members is either currently invested in real estate or an accredited investor looking to invest in real estate deals.

The most experienced, impactful speakers. Legacy Investor Network offers excellent programs and networking opportunities. Whether we're discussing how to locate deals, legal entity formation, debt or equity financing, property management, insurance or any other topic of interest to the real estate investor--we provide speakers with experience and integrity. Speakers that present are experts in their field and have the sole aim of making you a better investor.

Not located in San Francisco? That's okay you are welcome to join this online forum.


*Member Requirement: to join you must be either (1) currently invested in real estate (email a current link to the current tax statement on a property at the county appraisal district) OR (2) be an Accredited Investor and complete and submit the Accredited Investor Form (AIF). Please email js@strishakrp.com the property tax document and request for the AIF. First sign up on our website, then submit the appropriate documents. Once you are approved, you will be accepted into the group.



Forum Topics now trending:

What markets are you investing in and why?
Where are we in the real estate market cycle?
How to locate equity sources.
What is cost segregation?
What is a land improvement and how can it be depreciated?

Join the conversation. Join the Legacy Investor Network.

Accredited Investor Corner
"Ninety percent of all millionaires become so through owning real estate.
More money has been made in real estate than in all industrial investments combined.
The wise young man or wage earner should invest his money in real estate."
-Andrew Carnegie, 1835-1919
Is Limited-Partner investing right for you?
Do you have the financial and emotional staying power for success?
I'm in a high tax bracket. What are the tax benefits?
What kind of people invest in real estate limited partnerships?
How should I select a General Partner and Investment?
At the Legacy Investor Network, we believe that each investor has an obligation to gain a proficient level of
knowledge about the investment he or she plans to put his or her money into. In order to get you started,
we've provided links to some great resources below. You'll discover the answers to all the questions above,
and after reviewing these resources, you should be able to confidently evaluate general partners and
particular investments.

"How to Beat Inflation & Taxes Through Partnership Investment" by Craig Hall
Note: this book is out-of-print. If you're not able to find a copy, please email js@strishakrp.com

"The Risks and Rewards of Real Estate Partnerships", Changing Times, The Kiplinger Magazine

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Quote of the month
At each monthly meeting we have an open discussion revolving around a particular quote.
Please come to next months meeting prepared to discuss the quote below.

This months quote:

“Coming years will focus on readapting real estate to people’s revised goals, priorities, and expectations.
We’ll be working longer, saving more, and looking for greater efficiencies in how we live and work.”

Have a quote you would like the group to discuss? Please send it to js@strishakrp.com


News

 

Where do entrepreneurs plan to invest within the next 12 months? Where will demand for housing be high?

A recent report from the Global Entrepreneur Indicator tells us... The new US Census population data has been released...

Where entrepreneurs plan to invest within the next 12 months The new US Census population data

Source: http://www.entrepreneurindicator.com/investments/


LIN Live Chat:

Directions: Chat room will open in a pop-up window. Then enter your desired screen name.


Links

RECOMMENDED BOOKS

Real Estate Syndicator/Investor
How I Turned $1,000 into Five Million in Real Estate in My Spare Time by William Nickerson
Confessions of a Real Estate Entrepreneur by James A Randel
Timing the Real Estate Market : How to Buy Low and Sell High in Real Estate by Craig Hall
Creating and Growing Real Estate Wealth: The 4 Stages to a Lifetime of Success by William J. Poorvu
The Real Estate Game: The Intelligent Guide To Decisionmaking And Investment by William J. Poorvu and Jeffrey L. Cruikshank
Investing in Real Estate by Gary W. Eldred
Make Money with Small Income Properties by Gary W. Eldred
Handbook of Commercial Real Estate Investing by John McMahan

Investing in Real Estate General Partnerships - For Accredited Investors
How to Beat Inflation & Taxes Through Partnership Investment for High Returns at Low Risk by Craig Hall


WEBSITES
Research
recenter.tamu.edu Texas A&M University Real Estate Center
www.loopnet.com commercial real estate listings
www.costar.com commercial real estate listings
www.altosresearch.com real time real estate market data
www.rcanalytics.com current commercial investment market data
www.walkscore.com provides walkability ratings
www.bestplaces.net cost of living, school, crime data
www.mynewplace.com apartment rental search
www.altosresearch.com real time real estate market intelligence
www.zillow.com residential real estate valuations
www.trulia.com residential real estate valuations
www.realquest.com real estate valuations
www.housingmaps.com map oriented website for rent or for sale
www.apartmentratings.com nationwide apartment ratings
www.homepricerecords.com price of homes
www.alnsystems.com Apartment Listing Network (Rental Comps)
www.redcapitalgroup.com/research multifamily market research
mortgage-x.com/general/rate_trend.asp mortgage rate trends

Print / Magazines
Multifamily Executive
Apartment Finance Today - Online Articles
Multi-Housing News - Free Subscription

Your Team
www.ashi.org American Society of Home Inspectors
www.irem.org Institute of Real Estate Management (to find Property Managers)
www.thecreativeinvestor.com Online Community for RE Investors

Organizations & Conferences
www.naahq.org National Apartment Association
www.uli.org Non-profit education and research with focus on land use to enhance total environment
Multifamily Pro Brainstorming For review of this conference click here
M|PF YieldStar Apartment Markets Conferences
www.multifamilyexecutive.com For review of this conference click here

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