How to Buy Your FIRST Apartment Building: Feb 6, 2010

Dennis Fassett

Due to the tidal wave of chaos and uncertainty that’s building right now in commercial real estate, I believe that 2010 is the year to buy Apartment Buildings!

Because of this I’m teaching a half-day FREE seminar on How to Buy Your FIRST Apartment Building. Saturday, February 6, 2010. 8:30 am to 1:00pm.

There’s a catch though – in order to be admitted free I’m asking for your help with something that’s very important to me. Medical care for pregnant mothers.

I’m doing this seminar to raise money for a charity that I personally work with and have supported for years called Mother and Unborn Baby Care in Southfield, Michigan. I came to realize how critical medical care is to pregnant mothers when my 4th child developed a very serious and life threatening problem prior to her birth. One of my goals now is to make sure that every pregnant mother has access to proper medical care.

I’m asking that you donate $15 per person with the proceeds going to Mother and Unborn Baby Care. If you choose not to donate, then the cost to attend is only $97.

The updates for 2010 include:

  • The Michigan Real Estate Update for 2010 – why this is the year to buy apartment buildings.
  • Land contracts and seller financing
  • Self Directed IRAs
  • How deal partnering works and why it’s a no-brainer

    And I’ll also be talking about:

  • What do you need to know BEFORE you buy your first apartment building.
  • Demystifying all the terms you’ve heard but might be unsure of like Cap Rates, Cash-on-Cash Return, Cost per Door, Operating Expense Ratio, positive cash flow, forced appreciation, etc etc etc.
  • The math – and how you know that you have a good deal despite what your broker tells you.
  • The CRITICAL SUCCESS FACTOR that you MUST know to be successful in this business, ESPECIALLY in this market and these economic conditions.
  • Due Diligence – what it is and why it’s critical. And you’ll learn my approach to doing it.
  • The timeline is NOT your friend – ignoring this will cost you THOUSANDS of dollars.
  • The situation with commercial financing – and they way that I got around it and what I’m doing today to buy more units.
  • How to setup a correct corporate entity to protect yourself and get the maximum tax benefits.
  • My 90-day quick-start roadmap for you to buy your first apartment building here in Michigan.

    And I’m offering a special bonus this time: round tables with some of the experts that I use every day in my business.

    It’s going to be a jam-packed half day talking about everything you need to know to start looking for your first apartment building.

    Who should attend?

    Beginners!!! Or at least people brand new to apartment building investing. This is an entry level seminar about what you need to do when you’re just starting out looking for your first apartment building. I’ll walk through the purchase process and tell you what to expect, and what to look out for, during each phase of the purchase process. If you have already bought your first apartment property, this seminar is probably not for you.

    Act fast if you want to attend. Due to hotel conference room availability, space is extremely limited.


    2010: An Apartment Odyssey

    Get the details:

    How to Buy Your FIRST Apartment Building