Friday, February 1, 2008

Happy Birthday REIA of Macomb


Michigan's Premier Real Estate Investor Association Turns 1!!!


Anyone who reads this blog knows what The REIA of Macomb is and what it means to real estate investors. On January 31st, 2008 The REIA of Macomb had it's first birthday.


The air was absolutely electric at The Royalty House, The REIA's new location for The Main Event. There were more vendors, plasma screens, and video cameras than ever before.


Dwan Bent-Twyford shared her expert knowledge on shortsales, not just how to find them, but how to wholesale them after you get the payoff accepted!!! Isn't that an awesome weapon to have in your arsenal in Michigan real estate investing? You bet it is.


The most exciting part of the night was the REIA member of the year awards. There were 3 separate awards given out. The first two were for REIA of Macomb Make It Happen members of the year runner ups. It was actually a tie between 3 people. What does that mean?


We'll the first runner up award went to Tina Puma, who is a very active REIA of Macomb, as well as Wealth In REI member. Tina is finishing up her first deal in Roseville, MI. Believe it or not her first rehab is going to come in around $45,000 in repair cost. her purchase piece was around $25,000. That puts her at a total of $70,000 on a house that sold for $130,000 only two short years ago. She plans on either selling it outright or on lease option.


Great Job Tina, You Are Making It Happen!!!


The next runner up went to a partnership. Raja Gomath and Prakash Patel have purchased 4 properties since becoming members of both The REIA of Macomb & Wealth In REI. I met them a little over a year ago, they promised me that they would do their first deal in 2007. Well their finishing up their 4th in a little more than 12 months!!!


Awesome Year Fellas, You're Both Definitely Making It Happen!!!


Last but certainly not least is The REIA of Macomb Make It Happen Member of the Year for 2007. This award didn't go to a single investor, it went to a family. Ray Barwin is a full time employee with one of the Big 3, he bought a 50 unit apartment building and turned it around in no time. Now he's buying single family homes around his building to help his apartment tenants transition into home ownership.


All of that may warrant being REIA member of the year, but that's nothing. The best part about this man and his family is that they attend all of the REIA of Macomb functions together as a family. From the Make It Happen BBQ to the Christmas Networking Event, The Barwins are always there learning, sharing and networking.


So the award goes out to Minnie, Kristen, Ken, and Ray Barwin, the #1 family in Michigan real estate investing.


If you missed January's REIA, DON'T miss February. We're going to have 10 different experts that you will be able to personally talk to.



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