Free Real Estate Investing Teleseminar with Linda and Nyrick Huuskonen - 03/22/10

[CTREIA]

Free Teleseminar with Linda and Nyrick Huuskonen
Monday, March 22. 8:00 - 8:45pm
Register at: http://www.ctreia.com/events.php?a=v&i=249

Be sure to check your email after registering. We'll email you the phone
number and pin access code for this Webinar.

Linda and Nyrick would like to thank you for the opportunity to share our approach to
real estate investing with your members. We get a great deal of
satisfation from sharing our experiences with others and helping them
avoid many of the pitfalls that we have experienced first hand.

After hearing us teach, Tom attended one of our weekend classes. This class
is the same class that we will be teaching to CTREIA on March 27th and
28th. At that time, he owned 5 rental properties in Massachusetts and
was extremely frustrated because most months he had to support his
properties with outside sources of cash. He had bought them using
conventional financing and his model required that everything function
perfectly in order for the properties to cash flow. Unfortunately, given
the current economy, he found that he was having a difficult time
collecting rents on time and in many cases going through the eviction
process. These two factors resulted in negative cash flow.

In November of last year, Tom went on the road to Pennsylvania with us and
he bought 2 bank owned houses.

One of the houses was 506 E.Division Street. It is a 4 bedroom 1 and 1/2 bath that need very
little work. We negotiated a purchase price of $9,250.00 and the rehab
cost was $3,817.00. The after repair value of this house is $57,000.00.
This means that he has created over a 400% return on his cash
immediately. Tom has now rented the property for $600.00 per month with
the tenant paying all utilities including water and sewer. If Tom has 6
months of vacancy, he will still make over a 20% return from cash flow
on his investment.

Tom is so excited from this new approach to investing that he is joining us for our Tax Sale Road Trip next month.
He is one of a number of students that have come on REO road trips with
us, bought properties and then joined us on road trips to other markets
or to the tax sale. The reason they want to pay to learn these new
markets is simple. They made more money on their first deals than they
spent on the education.

After we spoke at the CT REIA Monthly Meeting last night, more members had questions than we had time to speak
to. As a result, we are going to offer a free teleseminar on Monday
March 22nd at 8pm. It will be a forum where were will be able to answer
any questions that folks have.

We are looking forward to teaching you, in great detail, our approach to investing on March 27th and 28th.
The cost of $595.00 is for 2 people, not one. For those who are
interested in going on our Tax Sale Road Trip in April, it is important
to know that the weekend class is a pre requisite to going on the Road
Trip. The students must have the educational foundation from the weekend
so that we can hit the ground running when we get to Pennsylvania.

Thank you again for allowing us the opportunity to bring our story to your
members.