Live Event - will also be Simulcast via a Live Stream!
We as Real Estate Investors love to invest close to home for many reasons. Not only is it familiar, but it's comfortable, easy to monitor, and sometimes more profitable. So, why would we ever invest out of state?
For the November Utah REIA Networking Luncheon, Earl Cline, Real Estate Broker and Certified Investment Coach, will be walking us through why investing out of state can be so beneficial.
During his presentation, Earl will walk us through:
WHY WOULD ANYONE INVEST OUT OF STATE?
1. Market CyclesOne market may be up while another one is downThey may be headed different directionsLook for emerging market cycles
2. Population Trends
Flight to Warmer Weather
Flight from Taxes
Flight from Overcrowding
Flight from Ugly Politics
3. Invest in Markets Where you Like to VacationTax free to Visit FamilyTax free to your favorite vacation spotTax free to warm up in the winter or cool off in the summer
WHAT TO LOOK FOR IN A MARKET
Population Growth
Cap Rates value play vs. cash flow
Housing Appreciation
Affordable Housing Market
Stable Rental Base, Hospital, Small College Area Occupancy 90% or higher
A, B, C or D market
MANAGING A PROPERTY FROM A DISTANCE
Flip without ever seeking the property
Use technology
Set up budgets and timeline to monitor contractor
Create checks and balances
George Smith story
ABOUT EARL CLINE: Mr. Cline has held an active real estate broker’s license for 25 years. He graduated from the University of Utah with a BS in Finance. He worked for California based property Management Company. Mr. Cline worked for a national developer of apartments, where he was involved with the acquisition, rehab, and repositioning of over 3,000 apartment units.
As the Regional V.P, he supervised the properties in several of the Western States for a publicly traded R.E.I.T. that owned and managed over 80,000 apartment units. He supervised the construction and leasing of close to 200 units of Section 42 properties in East Idaho.
Mr. Cline has been involved in construction management, real estate development and property management for the gambit of the real estate industry from multifamily housing, office, industrial, storage and retail properties. With his real estate experience, he was able to raise several million dollars last year through a private Reg. D offering to invest in Apartments. He has been training real estate investors for over ten years.
He can be reached at: Summit Real Estate and Management
Summit.Real.Estate.Capital2@gmail.com
385-215-9501
ABOUT THE SPONSOR: REI Title takes our team’s four decades of experience in real estate investing to provided targeted closing and escrow services to real estate investors. From wholesalers to flippers and from landlords to lenders, we review your transaction from every angle. We don’t just close your deal—we protect you and your property. Give us a call to explain how we catch issues that others miss. Welcome home!
Contact: Jeff Breglio, Whitney Druce, or Andrea Butler
(385) 528-1523
info@reititle.net
www.reititle.net
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. At this time, one may select on whether to attend this meeting in-person or virtually. If the selection is to attend virtually - further instructions will be provided.