Jared Pomranky ~ Detroit Foreclosures

Our Next Renegade Detroit Investors Meeting

Tuesday April 7th at 6:00 PM

Renegade Detroit Investors presents:
The first ever Metro-Detroit Credit Panel

I don't know if you've heard but credit can be a great asset to both your business and for real estate investing. Oh, you have heard? Good. We're on the same page. Now, who understands credit fully and wants to explain it to everyone? Okay, less virtual hands are raised.

Credit is a complicated mess of three credit bureaus, complex algorithms, mis-information, fly by night experts, and a lot of unknowns. Did I mention there's a lot of mis-information out there?

Renegade Detroit Investors has said, "Enough!". Tell me what I need to know. Tell me how to build or rebuild my credit. Tell me how to fix my credit and tell me what I need to watch out for.

It seems simple enough...

We have scoured Metro-Detroit for the best credit experts that aren't going to give you great content and not a bunch of fluff, they're going to tell you exactly how it is and not going to give you a bunch of maybes or shoulds. They're here to give you the cold hard facts on credit and we're doing it in a format where YOU get to ask the questions. Sound like a good event? Expect nothing less from RDI.

Our Credit Experts are:

• Jeffrey Mulholland with First American Credit
• Tim Thrift with United Credit Education Services
• Maurice Scott with Credit 1, Inc
• Carolyn Feldmen with Nationwide Credit Clearing

Each of these speakers has incredible resumes so I recommend not only coming to this credit panel but also checking out their websites. Everyone has the qualifications to make this one of the best meetings yet!

The cost for first time attendees is only $10 or $25 for everyone else. Annual memberships are available at a discount. Free food is always available at the meetings!

Jared Pomranky - Drew Sygit - Jeremy Burgess - Jeanna Kiehle
Renegade Detroit Investors

Meeting Location:
Peking House (second floor)
Just South of 11 Mile on the East side before the railroad tracks
215 S Washington St.
Royal Oak, MI 48067

I’ve been listening a lot to the new budget proposed by Obama and there is a lot that we should be concerned with. Let me first preface this by saying that I would like nothing more than for this to turn our economy around and for everything to work out as planned for our President. I just don’t agree with the socialist view of taking from the “rich” and giving to the poor. If you think the “rich” are just people that make more than you, think again. That classification keeps going lower and encompassing more and more people, Wealthy Lose out as Others Gain. There are also taxes that aren’t called taxes that will affect everyone, and a reduction of write-offs and tax raises for businesses. Regardless of your political views, taxes are increasing for YOU.

What does this mean for you? Well, taxes are increasing and it doesn’t look like there’s much we can do about that. What you need to do is plan for these increases by creating tax advantaged income and creating more write-offs. One of the best ways to do this is through the ownership of cash flow real estate that creates passive income and many write-offs including depreciation. I’m not one to just look at how you can reduce your taxes, however, and I’m sure your CPA can explain all of the tax advantages of real estate. Just know that there are many tax advantages to owning real estate.

What about the income? Well, tax write-offs aren’t great without income are they? Real estate generates great income from rents but that’s not where it ends. You get pay down on a mortgage and long-term appreciation. The great thing about real estate is that over time it always increases in value, especially when you’re buying at such a discounted rate in Detroit right now! When you add up all of the cash flow from rent and future appreciation, you have a better return than you can get anywhere. I know. It’s hard to believe that there can be a better return than you can get in the stock market right now but it’s true!

Real estate investing has gone back to its roots in rental real estate and that’s great for you. Rental real estate is a conservative investment that is proven to create wealth. Add to that the fact that you can buy at such low price points in Detroit right now and taking action right now and purchasing real estate becomes a must!

Successfully Yours,
Jared
Urban Detroit Wholesalers
Renegade Detroit Investors
Detroit Investment Secrets
Detroit Hard Money Secrets
Detroit Cash Flow Analysis
Urban Detroit Online

Hold the Press! New Speaker Announced!

Renegade Detroit Investors presents:

Kirk Armstrong, Sales Training Expert!

Come out to see this blockbuster event that is sure to leave you with excellent sales tips and techniques for your business!

Kirk is a trainer, speaker and consultant with more than 15 years experience in the areas of sales, management, strategic planning, interpersonal communications, and team building. An outstanding record of growth and accomplishment in sales, consistently achieving record revenue and gross profit goals has followed him throughout his career. With extensive roles in sales, sales management, and as director and vice president of sales, he found great success in the electrical equipment, heating and back-up power industries.

Now an accomplished associate with Gerry Weinberg & Associates, he has been the recipient of numerous awards for his sales production, training and coaching. Known for his unique personal style and experience, he has the ability to help each of his clients to gain confidence, break out of their "comfort zone" and achieve results they never thought possible.

He lives with his wife and two children in Royal Oak, Michigan, where he may be found running every morning, (just ask to see his journal!) coaching children's sports or playing competitive softball.

The cost for first time attendees is only $10 or $25 for everyone else. Annual memberships are available at a discount. Free food is always available at the meetings!

Get more details and directions to to the Peking House in Royal Oak at http://www.RenegadeDetroit.com

Stay in touch with Renegade Detroit Investors at our Metro-Detroit Michigan Real Estate & Entrepreneur Group

Be a Renegade,

Jared Pomranky

It's not mine. I'm choosing not to participate in this recession and I suggest you do the same. Why? Well, the people that are participating in the recession are having a tough time. They're losing their jobs, unable to find other jobs, seeing their income drop, and are just all in all in a depressed mood. That doesn't sound like a good time!

I don't have a choice in this recession!
Everyone has a choice in what they do each day. There are those of us that thrive and are successful during down times and there are those that flounder and are depressed in down times. It all starts with your mindset and your outlook. I just met with Terry Bean of Magnetic University at one of his classes yesterday and he was talking about this exact subject. It's all about our subconscious mind and how we influence it with our conscious mind and visualization. Now I'm not the expert to be telling you all about that but the quick summary is that we all have a choice on our outlook.

A better outlook is great but how does equal more dollars in my pocket?
It's all about seeing the opportunity or seeing a problem. Those of us that choose to see the opportunity in challenging times are those of us that will do business and will buck the recession trend. I wrote a good blog about Seizing Opportunities in Times of "Crisis" yesterday that explains this well.

I'm with you so far but what are the opportunities?
Well, you've come to my site on real estate so I'm going to assume that you're interested in it. I see real estate as the biggest opportunity that someone can currently take advantage of. Prices have been pushed down so low because of a lack of credit, lack of demand because of our economy, and just general fear in everyone. When people are afraid they usually don't act. When investors push through the fear and take a conservative look at the numbers on real estate, the opportunity is hard to deny. This is a time of conservative investing and long term investing in real estate. Buying houses and renting them out is how true wealth was built and is built.

Where do I get the money to invest in real estate?
There are many places you can look for investment capital from private sources. One of the most exciting sources that we have been working with many investors on is investing in real estate from their 401k or IRA utilizing a Self-Directed IRA with Equity Trust Company. We help our clients get their funds moved over where they can use the capital for an investment in most anything, including real estate. Talk about rocket fuel for your IRA!

The biggest piece of advice that I can give you is to take action to take yourself out of this recession. Too many people button down the hatches and try to wait out a recession out of fear. What they don't realize is that real estate and business continue and that all of the great opportunities have passed them by.

Read more about Not Participating in this Recession

Successfully Yours,
Jared Pomranky
Detroit Market Expert
Detroit Real Estate - Wholesale Deals - Main site
Detroit Real Estate Blog - Detroit Investment Information
Detroit Investment Properties Free Report - Detroit Real Estate Secrets
Cash Flow and Property Analysis Spreadsheet - Property Evaluator
Secrets to Hard Money Lending in Detroit - Free Report for Lenders