Suncoast REIA
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SREIA.com Tampa Bay's Real Estate Investor's Resource

"Promoting educational and networking opportunities for experienced and aspiring Tampa Bay

real estate investors."

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NOTICE & Update

Legislation to end private lending (and other funding sources)
Status of recent action below*

It's not too late, but action is required to keep private lending in Florida

The matter is now in the hands of the House, in a companion bill (HB 7103) to the Senate version that was recently passed. Please contact the House bill's sponsor: Representative Fischer (R), to express your opposition to any possible inclusion of the mortgage lender licensing language into HB 7103 as it moves to align with SB 1730 in order to pass.

IMPORTANT NOTE: We are NOT opposing HB 7103. Rather, we want to make sure that the language that was added to the Senate version does NOT get added to the House version. (That language changed the definition of "mortgage loan" so that use of private lending would require going through a licensed mortgage lender, along with all the restrictions, qualifications, etc. that go along with it. Currently, if the money is used for an investor's purchase [business/investor buyer, as opposed to residential/homeowner-occupant buyer], a licensed mortgage lender is not required.)

Contact your senators (senator list and contact info here) to express your concerns about the language in Section 7 of SB 1730. (This is the Senate bill that was passed in committee, that redefines "mortgage loan" and eliminates private money lending, etc. for investor purchases.) It is important that they understand the impact of that language when it returns to the full Senate for their vote. (Previously it was in committee and the senators that were informed of the problem language were those on the committee. We want the rest of the senators to understand the negative impact before they vote.)

Sample letters, and more detail
It may be that the sample letters may not apply to you. In that case, please use your own words to express your concerns about this bill.


* SB 1632, discussed at last month's meeting, was tabled and is now dead, because of the voices opposing it.
The offending language was quickly introduced into another bill, SB 1730, in a different committee. While the voices opposing it were heard, unfortunately the Senators felt the majority of the bill (without the problematic addition) was too important to justify voting against it. It was passed, although they were distressed about the last-minute addition that was made. (It is that last-minute change, Section 7, that is the basis of our concern. Info we posted about that here)

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Upcoming Events

  • General Meeting First Tuesday of each month at 6 - 9 p.m.

    May 7: Investing in Tax Certificates

  • Investor’s Luncheon  Second Tuesday of each month
    (except November and December) at 12:30 p.m.

    May 14: Find Properties, Make the Deal and Sell the Properties

  • Special classes  All-day classes presented by national experts are held periodically, usually on Saturdays

Join or Renew Online


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Suncoast Real Estate Investors Association

 Suncoast Real Estate Investors Association ("SREIA"), a not for profit organization run by

 volunteers, is recognized as the premier Tampa Bay real estate investors association

 SREIA is dedicated to assisting in the success of experienced and beginning real estate

 investors in Tampa Bay by promoting top notch education and superior networking opportunities.  In addition, SREIA has many Tampa Bay "Business Vendors" that are eager to assist in  acquisition, financing, rehabilitation, sales, rental management and/or financial planning needs.

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Join or Renew Online


Go to our Member Center to:

  • Find out more about membership
    (Click on the new member or new vendor option--you may look around and will not be charged until you click on "Pay Now," enter your payment information, and then confirm your payment)
  • Become a new member or vendor
  • Renew your existing membership (investor member or vendor)

Member Center



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Suncoast REIA
General Meeting


Tuesday, 7 May 2019

 

Networking starts at 6 pm
Featured Presentation: 7:30 pm




"A Funny Thing Happened
On the Way to the Florida Real Estate
Tax Certificate Sale"


Photo of Walter Kaminski as a youth

 

Presented by: Walter Kaminski
YouandMeRealty.com



GOT TAXES?

Taxes open up an opportunity for investing. Walter will show how.

Walter Kaminski is an accomplished speaker and experienced real estate investor. He has extensive experience in real estate tax sale investing.

He will be sharing many useful insights into:

  • The property tax cycle
  • The upcoming tax certificates sales
  • The tax deed process and
  • Tax deed sales

Don’t miss this unique evening of real estate tax sale education, information and resources.

Come early. Bring a friend and questions!


About Walt

Walter is a long-time SREIA Member who has explored and experienced many of the moving parts in the veritable cornucopia that real estate provides. He learned early that, "It's not when YOU get into real estate, it's when real estate gets into YOU!"

For the last 20+ Years, Walter has invested in tax certificates, tax deed properties, learned mom-&-pop landlording, managed rental duplexes, created notes with mobile home "Lonnie deals," chased mortgage foreclosures, and pursued the elusive "tired landlords." He considers himself fortunate to be a member of and learn from the fabulous real estate community/market that we have here in Tampa Bay.

When getting started, Walter leveraged his time, energy, and money while learning real estate investing. Walter also became a real estate broker while working a J.O.B. as an electronic technician at the U.S. Postal Service for 25+ years after serving in the U.S. Air Force.


Come early, bring your questions, network and learn.




Meeting Location:

The Ramada Tampa Westshore Inn and Conference Center

1200 North Westshore Blvd., Tampa, FL 33607

(West side of Westshore, between Cypress and International Mall)

Free to SREIA members.
Guests are welcome - $20 guest fee.

Arrive promptly at 6:00 pm and participate in the Brainstorming Sessions led by Expert Investors and Experienced Speakers.  

Some topics at the Brainstorming Sessions will include:

Evictions * Marketing * Appraising * Rehabbing * Wholesaling * Landlording

Asset protection * Property insurance * Title Insurance * Eliminating Taxes

Social networking * Commercial property * Property acquisition

A realtor’s perspective * Property management REO properties

Organizing Your Business * Hard money loans

Real Estate Investing with IRAs * Curbside appeal & the Wow Factor

Proper structuring your business * Mortgages for wholesale & retail

Buying or selling with owner financing * Litigation avoidance

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The Investor’s Luncheon

14 May 2019, 12:30 PM

IHOP
4910 Spruce St.
Tampa, FL 33607



"Find Properties, Make the Deal and Sell the Properties"


Presented by: Francisco Mago
REI Property FAX, LLC


Francisco will share the condition of the markets in the tri-county area, which includes Hillsborough, Pinellas and Pasco Counties.

He will discuss how to find potential deals, including properties with equity, those that are for sale and also those properties that are not for sale. He will identify properties in financial distress starting with pre-foreclosed properties, REOs, probate, tax delinquencies, and absentee owners.

Francisco will show how to simplify the contract in process to speed your offer and get the deal closed as soon as possible.

He will discuss why and how to follow up with your sellers about the properties you are prospecting. He considers the most important part of the investment process to be the follow-up. If the follow-up process is not strong, you have less chance of getting the deal done to everyone’s advantage.

He will cover how to identify cash buyers and what a huge help it will be to have this information.

This will be an informative and unique meeting so make sure you join with your fellow SREIA members for fun and education.





SREIA Members and Guests purchase their own lunch.
Guests are welcome for a $20 Guest Fee.
Lunch starts at 12:30PM, with the presentation during lunch.
Seating is limited so arrive a few minutes early.
Call SREIA (813) 287-1515 to join in advance!

IHOP

4910 Spruce St.
Tampa, FL 33607

SREIA members:  Buy your own lunch

Non-members:  $20 Guest Fee + buy your own lunch - or join at the door and get free admission to all regular meetings (meal fee extra for luncheons).

Need to re-enroll in SREIA? Click Here   This is an awesome opportunity to get

re-involved in Suncoast REIA ! 

Come early to network with members and guests.

Luncheon starts at 12:30 pm.

Be prepared to make new contacts and gain vital information about Tampa Bay Real Estate Investing and Business Marketing !

And enjoy a fabulous luncheon at IHOP!




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SREIA events are relaxed and casual, and guests are always welcome to attend.  Attend a meeting and increase your real estate I.Q. while you meet like-minded people who want to share ideas and real estate investing strategies. 

Interested in speaking at a SREIA meeting? Call the SREIA office and share your ideas for presenting at Suncoast REIA meetings. Suncoast REIA members and guests are a proven demographic of qualified real estate investors and professionals who desire to learn more about real estate investing. Get active in Suncoast REIA!

SREIA is a 30-plus year established not-for-profit members association dedicated to promoting practical knowledge and ethical acquisition of real estate through education, discussion and networking. Be sure to visit the SREIA Business Vendor page and find out about SREIA vendors and how they can help you reach your real estate goals.

 

 

Membership Benefits

Suncoast Real Estate Investors Association Individual Membership Benefits

Being a member of Suncoast REIA is all about education and learning from each other and the experts. Suncoast REIA is dedicated to bring in only the best national and local educational speakers in order to keep us informed on up-to-date real estate investing innovations, laws and techniques.

All Applications are subject to approval.


Suncoast Real Estate Investors Association Business Vendor Membership Benefits 

Being a Business Vendor of Suncoast Real Estate Investors Association is a cost-effective way to get your product or service to the main stream of active Real Estate Investors, Estate Builders and others.  Read More

Business Vendor Application Form. All Business Vendor Applications are subject to approval.

Search The Suncoast Real Estate Investors' Site

Trying to find a particular vendor? Use our search facility.


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Don't Insure Your Investment Properties With Just Anyone! Call the Specialist. We Do It Right the First Time!

- L & M Insurance -



Coffee Sponsor

Thanks to

Mark Holley of

L & M Insurance


813-672-4100 x.303

  for his ongoing and generous sponsorship of the coffee and tea at

the General Meeting.

 

 

 

 





  Thanks to

Rony Tanis

CTY Realty LLC

for Donating the
Door Prizes for the general meeting.

For Property Management,

Call Rony at 813-406-6871

or e-mail
rony@ctyrealtyllc.com


"Managing properties around the Tampa Bay area is my passion and commitment in life."
- Rony
CTY Realty LLC