When a property owner is delinquent on the mortgage, the bank will then step in and hold a foreclosure auction for that property. Because the bank is trying to recoup loan balances, these properties can usually be purchased at a great price. Something is better than nothing, right?
Meet Rud Johansen - someone who has attended Trustees Auctions most every day for the past 20 years. He knows the ins and outs of Foreclosure Auctions and is here to help us take advantage of these opportunities.
At the October Monthly Meeting, Rud will be teaching us "Auction L.I.T.E. So You Don't Loose Money in the Dark". This will be one presentation that has been in the works for the past 20 years!
During this presentation, Rud will teach us about the L.I.T.E. process:
1-Locate
2-Inspect
3-Title
4-Execute bid
MORE ABOUT RUD: Rud Johansen has been investing in Real Estate for over 20 years, and has attended Trustees Auctions on a daily basis for most of that time. He is the President and/or Manager of multiple Real Estate flipping and holding companies. Fluent in Spanish, along with a Masters Degree from the University of Utah and Bachelors from Weber State University, he has significant knowledge in both the ideas and pay-dirt of Financing, Fixing and Flipping Properties. He coaches and supports Investors through the process. Rud resides in Draper Utah with his wife and four children. Family is first for him. Rock climbing, mountain biking, back country skiing and travel are some of his hobbies. Contact him at 801-403–8244 or Johansenrv@gmail.com if you would like help financing, finding, fixing or selling real estate.
Rud is the President of Investor Connections, Inc. and Bide-A-Wee Property Management, LLC and is a licensed Real Estate Agent with Realtypath LLC.
ABOUT THE SPONSOR: If you are looking for property management services or rental options in Northern Utah, Reeder Asset Management is here to help. Our family-owned and operated company has over 15 years of experience in rental real estate, including personal experience with ownership, and we are ready to go to work for you.
We serve a broad area in Northern Utah covering over 130 miles – including Salt Lake City, Davis County, Weber County, Box Elder County and Cache Valley. Our familiarity with such a broad market makes us an excellent partner in the management of your investments. We know how to attract and retain quality tenants, helping to reduce turnover, improve revenue streams and build successful rental investments. For more information, call us today at (801) 828-8944 or visit us at https://www.reederproperties.com/
For More Info: Contact Rebecca Dearing by calling (801) 647-8862 or by sending an e-mail to rebecca@utahreia.org.
To Pre-Register: Click the blue "Register Now" button at the top of the screen.