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December 2014 >>>
Main Monthly Meeting
Mortgage Delinquencies up 4% in
April
Zillow’s Instant Offers Connects
Sellers with Investors
ClearVue Bed Bug Traps Now
Available
Rent Perfect
Vendors
Subgroups
A Monthly Insight into Metrolina Real Estate Investor’s Association JUNE 2017
Join Sean McKay from American IRA at Metrolina REIA on Thurs-
day, June 15th from 6:00 - 9:00 pm.
Please welcome our new
Executive Director,
The PHP designation stands for
Professional Housing Provider, and
is a nationwide education-based
certification program designed to
recognize the high level of
knowledge and professionalism
among the designation holders. It is
sponsored and overseen by the
National Real Estate Investor’s
Association. The Metrolina REIA is
proud to be the only REIA in the
Charlotte area to offer the PHP
program to it’s members!
Metrolina REIA Member & Expert, Sean McKay of American IRA
specializes in administering "non-traditional" IRA's. This means
that you are able to invest your IRA/401K in more that just
securities (stocks and bonds).
YOU CAN INVEST YOUR IRA MONEY IN REAL ESTATE, BUSINESSES,
TAX CERTIFICATES, AND LEND MONEY ETC.
Essentially, you have the ability to invest in almost anything that
you would want to. True diversification does not mean a few
different stocks. True diversification is a combination of stocks,
real estate, private placements etc.
Sean's goal is to educate you about all of the ways that they can
grow your retirement funds. There are endless tools to grow
wealth and unfortunately most people do not know about them.
Sean is a real estate investor and his specialty is real estate based
transactions. Most of his time is spent working with investors to
show them how to optimize their resources. Many of his clients
have real estate holdings but there are just as many that like to be
more passive with their investing. There is something for you out
there too.
When Sean does not have his "American IRA hat on" he is working
on his own real estate deals.
Visit out website at MetrolinaREIA.org
Mortgage Delinquencies up 4% in April
Subscription link: https://
subscribe.mecktimes.com/M5ZMREI
Black Knight Financial Services recently reported a spike in
mortgage delinquencies that were the largest monthly rise in
more than eight years. Their First Look report for April 2017 is
taken from month-end mortgage performance statistics
derived from its loan-level database representing the majority
of the national mortgage market. According to the report:
First-lien mortgage delinquencies rose by 13 percent, the
largest monthly increase since November 2008
Month-over-month, the number of borrowers past due on
mortgage payments increased by 241,000
April’s delinquency rate increase was primarily calendar-
driven (due to both the month ending on a Sunday and
March being the typical calendar-year low) and largely
isolated to early-stage delinquencies
The inventory of loans in active foreclosure continues to
decline, hitting a 10-year low in April
At just 52,800, April saw the fewest monthly foreclosure
starts since January 2005
Prepayment speeds (historically a good indicator of
refinance activity) fell by 11 percent from March
Zillow’s Instant Offers Connects Sellers with Investors
By now most people in the world of real estate are
all too familiar with Zillow and their Zestimate.
However a new home selling product from Zillow
has turned some heads. Zillow Instant Offers is a
new option for people wanting to sell their homes
quickly. Right now it’s only available in a few areas
but this gist is this; you submit your property
address and get no-obligation offers from
“qualified” investors. This ought to be
interesting…..
Zillow says it can be done in 5 easy steps:
Share your home’s details – Answer some
simple questions about your home. Submit
photos for the most accurate offers.
Get multiple offers -Receive investor offers
within 2 business days if your home qualifies.
Compare them with your free comparative
market analysis.
Connect with an investor – Once you pick an
offer, we will help you get started with the
verified investor.
Schedule your free inspection – A home
inspector will check your home’s condition to
make sure there are no surprises that could
impact your offer.
Close – on your schedule. Accept the offer
and you’re on your way!
ClearVue Bed Bug Traps Now Available
There has been a lot of talk lately about the
growing problem of bed bugs and how to deal
with them. Previous issues of RE Journal have
shown that bed bugs are here to stay which, while
disheartening, is the new reality. Unlike other
vermin and pests which can be controlled and
eliminated using any number of methods, effective
solutions to detect andprevent bed bug
infestations are limited. Fortunately, NREIA’s latest
Tier I vendor partnership with ClearVue
Technologies provides a new alternative that has
proven effective and affordable for residential
property managers and owners: ClearVue Bed Bug
Traps are now shipping, with a discount available
to NREIA members (use Coupon Code “NREIA” at
bedbugtraps.com).
Bed bugs are attracted to you while you sleep by
the Carbon Dioxide (CO2) you exhale when you
breathe. ClearVue Bed Bug Traps use the bed
bug’s natural instinct to attract and intercept these
pests as they come looking for you. The traps use
a safe, low-level, CO2 beacon which mimics the
exhaled breath of a human. The CO2 becomes
highly concentrated within the base of the trap,
simulating a meal that bed bugs cannot resist.
These traps use scientifically designed, patent
pending technology to mimic the favorite food of
the bed bug: you!
As we’ve learned, the scale of this problem has
reached global proportions. Bed bugs do not
discriminate. They know no social barriers and
affect people of all incomes in all neighborhoods.
They take up residence in apartments, condos,
houses, hotels, schools, public transportation,
hospitals, businesses, and even movie theaters.
This means that even if you have an exceptionally
clean and well-kept home, your normal daily
activities give bed bugs a way to hitch a ride home
with you.
Continued on the next page...
Here’s the scary part: just one egglaying female (the
size of an apple seed) can produce a full infestation
of bed bugs in just a few weeks (yikes!). Even worse,
you're very unlikely to detect bed bugs in your home
until you have thousands of them already living with
you. Bed bugs can hide in paper-thin crevices and
typically come out at night to feed on blood from
you, your kids and your pets. They are so incredibly
tiny they’re able to spread from room-to- room using
the wall outlets and even the air vents. If your
neighboring apartment has bed bugs, you're only six
inches away from having them as well.
Too close for comfort? You bet. These little vampires
only feed on fresh blood. In some severe cases, peo-
ple have been bitten hundreds of times in one night!
By the time you see even one bed bug, there are usu-
ally hundreds or thousands more hiding nearby.
So what can be done? The number one strategy rec-
ommended by the EPA and the Centers for Disease
Control is to use insect monitors to detect bed bugs
faster and earlier.
That’s where the new ClearVue Bed Bug Traps come
into play. They intercept hungry bed bugs that come
out of hiding seeking a meal. Once the trap is acti-
vated and producing CO2, the bed bugs’ natural in-
stincts compel them to follow the beacon emanating
from the trap to its source. Once trapped (safely in-
side on the glue surface), the patent-pending design
ensures trapped bed bugs cannot escape. ClearVue
Traps have been fieldtested and proven effective in
several trials:
A multi-family apartment with a severe infestation.
After repeated use of ClearVue Bed Bug Traps, sev-
eral thousand bed bugs were captured and the ten-
ants reported no more bites.
A major hotel that had been spraying rooms with
pesticide powders and sprays for 15 years without
success. Immediately following professional spray
treatments, physical inspections revealed no more
bed bugs in the rooms. However, ClearVue Bed Bug
Traps continued to draw out and trap more, finish-
ing the job pro exterminators started.
A validation test by a top regional pest control
company. Hundreds of bed bugs were intercepted
before they could reach their human prey.
An apartment that had been sprayed weekly for
nine weeks in a row. Within 15 minutes of placing a
Clear-Vue trap, an adult female bed bug was cap-
tured.
The trap is safe and easy to activate, and features
secure disposability. Simply place one trap on the
floor by the bedposts at the head of your bed for
monitoring, or one at all four bedposts for further
protection. Traps can also be placed near other furni-
ture susceptible to bed bug infestation.
ClearVue Bed Bug Traps combine the best features of
proven traps, including a pitfall ledge that bed bugs
love to climb, a pressuresensitive glue floor to trap
bugs forever, and of course, the active beacon tech-
nology to produce the CO2 attractant that bed bugs
can’t resist. Best of all, ClearVue traps are disposable
and include a sealable plastic bag for No Touch, No
Escape© disposal, ensuring the trapped bed bugs
remain contained without risking contact or release.
ClearVue's active traps are nontoxic and pesticide-
free. Each trap takes less than a minute to prepare
and place, and protects your family for weeks. The
traps are easy to use, discreet to deploy and are
small enough to be hidden throughout your home.
They measure 4”x3” at the base and are just 1” tall.
The traps feature the dark colors that bed bugs are
proven to love.
ClearVue Bed Bug Traps are available in a Starter
Pack of 2 traps, a Value Pack of 12 traps, and a Bulk
Pack of 100 traps. The larger package sizes come
with a volume discount. ClearVue also offers an an-
nual subscription plan with monthly replacement
traps (2 traps delivered per month).
Act now to protect your family, your tenants, and
your investment. As an introductory offer, NREIA
members receive a 10% discount on all purchases.
To order your traps, visit bedbugtraps.com and enter
Coupon Code “NREIA” during checkout.
ClearVue Bed Bug Traps Now Available continued...
Rock Hill Subgroup
1st Wednesday of every month
@ 6:00 pm. Carolina Hard Money;
4607 Charlotte Hwy, Suite 3 , Lake
Wylie , SC 39710
Business dinner, with speaker,
discussion, deal sharing and
networking.
Group Leader: Bill Fairman
Free for members
Charlotte Landlord
Association
2nd Wednesday of every month
@ 7:00 pm.
Open discussion and support on
landlord related real estate.
Group Leader: Sean McKay
Robert Shoffner
Location: Wishart, Norris,
Henninger and Pittman Law
Offices 6832 Morrison Blvd,
Charlotte, NC
Free for members
Concord Subgroup
2nd Monday of every month
@ 6:00 pm.
Come join us for good food and
lots of learning. Location: Golden
Corral, 540 Highway 29 N,
Concord, NC 28027
Group Leader: Mark Younts Free
for members
Hickory Subgroup
1st Tuesday of every month
@ 6:30 pm Join our newest
subgroup for investors in or
around Hickory, NC.
Location: Bob Evans, 2330 15th
Avenue, SE Group Leader: Mark
Gerson (828) 552-5560Free for
members and first time guests
Matthews Subgroup
2nd & 4th Thursday of every
month @ 7:30 am
Discussion and networking in all
aspects of real estate investment
Location: Jonathan’s Restaurant
10630 Independence Pointe Pkwy
Matthews, NC 28105
Group Leader: Wayne Clanton
(704) 221-5888
Free for members
Sonrisers Subgroup
Every Friday @ 7:00 am.
Each meeting opens with a 3-5
minute devotional on investing,
based on Ethical, Moral and
Biblical principles. Discussion and
networking in all aspects of real
estate investment
Group Leader: Wendy Sweet
Location: LightRail Family
Restaurant, 8045 South Blvd
Charlotte, NC 28210
Free for members
Union County Subgroup
1st and 3rd Thursday @8:30 am.
Meets on the first and the third
Thursdays of each month from
8:30 AM- 9:30 AM. Many who
attend end up staying until 10:00
AM or later, but the official end of
the meeting is 9:30 Am.
Group Leader: David Bothwell
Location: Derby Restaurant 1012
Skyway Dr., Monroe, NC 28110
Free for members
Lake Norman Subgroup
4th Thursday of the month @
6pm.
November and December
meetings to be held on
Wednesday, Dec 7th
Location: Huntersville Family
Restaurant, 105 N Statesville
Road, Huntersville, NC 28078.
This group will have various guest
speakers to provide insight
and knowledge to help the new
investor, the seasoned investor or
present a new point of view for
all. Open discussion is welcome
and bring your questions!
Contact Jack Knochel 704-502-
3589 or Michelle Knochel
Phone: 704-607-2100;
Free for members
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