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MAREI’s Monthly Meeting – 2nd Tuesdays
September 12, 2023 @ 6:00 pm - 9:00 pm
*Imagine if you will that Saturday in the fall of 2008 . . . several HUGE Banks had failed that week and 300 real estate investors were gathered for MAREI’s last big conference. We had a lot of speakers on a wide range of topics . . . Not a single one of those topics resonated quite as well as Andy Heller’s topic of buying Low with his method of buying Bank Owned Properties and then selling High by using Lease Options.*
**Fast Forward to 2023**
Headlines talk of Banks failing . . . at least a few and many others are on shaky ground, not for the same reasons or as many. And [ATTOM’s](https://www.attomdata.com/news/market-trends/foreclosures/attom-q2-2023-vacant-property-and-zombie-foreclosure-report/) recent 2023 Vacant Property & Zombie Foreclosure Report shows that there are 311,508 residential properties in the US in the process of foreclosure in the 2nd quarter of 2023, up 4.3% from the 1st quarter and up 20.2% from the same time last year. So, when the time comes will you be prepared?
And what if the time does not come and we don’t see a giant economic downturn and huge numbers of foreclosures? Banks have been foreclosing on houses long before 2008 and well after 2008. Maybe not during COVID, but even those are now working their way through the system. Knowing which banks to target and how to get in on their good side so they send you deals. And when you go to sell, sure, you can flip them for cash. But what if you possibly paid a bit more than the fix and flip formulas say you should? Knowing how to maximize your profits with a lease option can come in really handy.
So join us at the meeting on Tuesday, September 12th, when [Andy Heller](https://www.mareimember.com/Speaker.aspx?id=Andy-_Heller) takes the stage, so you can get prepared for the reset.
Members and first-time guests attend for free; repeat guests are $35 (and you might want to just [join now](https://www.mareimember.com/MembershipInfo.aspx), **monthly membership starts at $25 and then you get all the benefits of membership and no more guest fee**). Register at MAREI.org to reserve your seat and save time at check-in.
| ***All Events Open to the Public***
Meeting Will Be Recorded and made available for all members on the replay page.
Light Appetizers are planned at 6:00
Members & 1st Time Guests Can Register to Attend at no Charge.
Agenda for In-Person Meeting:
5:30pm Central — Set Up & Tech Check
6:00pm Central — Networking at our Vendor Expo
7:00pm Central — Announcements
7:30pm Central — Andy Takes the Stage
9:00pm Central — Wrap Up
9:15pm Central — After Hours Networking in the Hotel Bar
** Timing may adjust slightly from the agenda |
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