The Louisville Cashflow Game Night was established to provide a casual environment for both the seasoned real estate investor and those who are simply curious; to develop knowledge required to establish long-term passive income and financial freedom.
Where: Louisville CO (Contact Rob to get location address)
When: Friday, May 15, 2009
Time: 6 P.M. - 9 P.M.
Come and have some fun and learn something at the same time by joining us to play Robert Kiyosaki's Rich Dad Poor Dad CASHFLOW® game.
CASHFLOW® teaches you the basics of fundamental investing and how to take control of your personal finances, build a business through proper cash flow management, and learn how to invest with greater confidence in real estate and other businesses.
While money has the power to make you a slave to it ...it also has the power to set you free. CASHFLOW was created to teach people how to become a master of money and elevate their financial IQ.
For this event we will be running 4 games in parallel, with up to 6 people per game. There is therefore a limit of 24 people to this event so please book early to avoid disappointment!
To Register or questions, contact Rob Kelly at:
Front Range Real Estate Investing 101 class offered by Rob Kelly
You don't need a Master's Degree or years of experience to build wealth through investing in Front Range real estate. The one thing that keeps most people poor is the fear of buying that first house. Let us share our experience in finding, remodeling, renting, and/or selling your real estate investment for profit and long-term wealth building. Through our education and guidance, you will overcome the fear and learn the tips and strategies that will guide you to your first rental investment or resale property. A materials fee of $10 is payable to the instructor in class.
Please read: A materials fee of $10 is payable to the instructor in class.
Wednesday, 7:00 PM - 9:00 PM; 2 sessions starting May 6, 2009, ending May 13, 2009
Cost: $59.00 Materials Cost: $10.00
Location: New Vista High School
Just signed and sealed...a $787 Billion Stimulus Plan made up of tax cuts and spending programs aims at reviving the US economy. Although the package was scaled down from nearly $1 Trillion, it still stands as the largest anti-recession effort since World War II.
Home owners and potential homebuyers stand to gain from key provisions in this stimulus plan. Here is what we know as of today...
Tax Credit for Homebuyers
First-time homebuyers who purchase homes from the start of the year until the end of November 2009 may be eligible for the lower of an $8,000 or 10% of the value of the home tax credit. Remember a tax credit is very different than a tax deduction - a tax credit is equivalent to money in your hand, as opposed to a tax deduction which only reduces your taxable income.
The tax credit starts phasing out for couples with incomes above $150,000 and single filers with incomes above $75,000. Buyers will have to repay the credit if they sell their homes within three years.
Additional Housing-Related Provisions
Tax Incentives to Spur Energy Savings and Green Jobs - This provision is designed to help promote energy-efficient investments in homes by extending and expanding tax credits through 2010 for purchases such as new furnaces, energy-efficient windows and doors, or insulation.
Landmark Energy Savings - This provision provides $5 Billion for energy efficient improvements for more than one million modest-income homes through weatherization. According to some estimates, this can help modest-income families save an average of $350 a year on heating and air conditioning bills.
Repairing Public Housing and Making Key Energy Efficiency Retrofits To HUD-Assisted Housing-This provision provides a total of $6.3 Billion for increasing energy efficiency in federally supported housing programs. Specifically, it establishes a new program to upgrade HUD-sponsored low-income housing (for elderly, disabled, and Section 8) to increase energy efficiency, including new insulation, windows, and frames.
Expanding Housing Assistance-This provision increases support for several critical housing programs. It includes $2 Billion for the Neighborhood Stabilization Program to help communities purchase and rehabilitate foreclosed, vacant properties.
More Help for Homeowners in the Future
Another thing to keep an eye on in the coming weeks is President Obama's plan to help struggling borrowers before they are faced with a default on their mortgage.
According to reports, the Obama administration is discussing plans to help borrowers who are struggling to stay afloat, but who have not yet fallen behind on their payments. At this point, details are scarce; however, reports indicate that President Obama is looking to spend approximately $50 Billion to directly help homeowners before they face foreclosure and financial disaster.
While this is good news for individual homeowners, it will likely be good for the housing industry as a whole. That's because, assisting struggling borrowers before they default should help stop the wave of foreclosures, which are estimated to top two million this year. That, in turn, will help stabilize home prices.
The Economic Stimulus Plan is huge, and impacts a number of industries. Highlighted above are just some of the major provisions that may impact you now and in the future.
"Thinking of Real Estate? Think of Rob!"
www.RobKellyColorado.com
We had a great meeting of our Cash Flow 101 Group in Louisville, Colorado Feb 20, 2009! We encouraged all who have children to bring them along, ended up with approx. 8 kids and Approx. 18 adults. The kids made a run at playing "Cash Flow for Kids" but quickly ended up in a massive run around the building free for all...while the adults focused on the game. Thanks to Susan and Kathy @ the Marketplace Bakery, 820 Main Street, Louisville for keeping us supplied with tasty bakery treats, coffee and drinks. www.marketplacebakery.com
The Louisville Cashflow Game Night was established to provide a casual environment for both the seasoned real estate investor and those who are simply curious; to develop knowledge required to establish long-term passive income and financial freedom.
Are you interested in joing us for the next game night in March, 2009? Please send me and email and we'll put you on the invite list: rob@RobKellyColorado.com
Cash Flow 101 Game night in Louisville, Colorado is sponsered by Rob Kelly, Realtor with RE/MAX Alliance in Louisville, CO "Thinking of Real Estate? Think of Rob!" www.RobKellyColorado.com
Interested in following a residential flip project in real time? Welcome to our "Investor Tag Along"! Your opportunity to experience a flip project in person or via the web.
This Saturday Jan 31, 2 pm to 4pm we welcome you to a project completion walk through at our Northglenn, Co flip project! Come by between 2 and 4 pm for a tour.
1962 Brick ranch, 5/2, full basement, 2004 sq.ft Northglenn, Co.
42" Sunset Maple cabinets, Tile floor, granite tile counterops, new appliance package
Panoramic view, slight distortion from "stiching software" used to put 3 pix into 1
Hall view-, texture, paint, refinished oak hardwood floors
Upstairs bath- tile, granite vanity top, glass slider
"Thinking of Real Estate? Think of Rob!"
www.RobKellyColorado.com
www.DenverForeclosureTour.com
Twitter:@RobKellyCo
Real Estate Associate broker, Investor, Landlord. Focused on serving home owners and investors in Louisville and Boulder/Denver Metro area. www.RobKellyColorado.com www.DenverForeclosureTour.com
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