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John Adams on Fox 5 - May 15, 2012 |
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WEBINAR: REO's to Rentals |
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Tuesday, 15 May 2012 |
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Bank REO's to Rentals Webinar with JOHN ADAMS
CLICK HERE TO VIEW FULL SCREEN
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Tuesday, 08 May 2012 |
 Use Your Home to Stay at Home
Click above to download a booklet on Reverse Mortgages.
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Read this week's AJC article |
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Tuesday, 08 May 2012 |
What Do HomeBuyers Want In A House Today?
by John Adams
Regardless of what you hear in the media, there are some buyers in today's real estate market, and they are not just investors. Believe it or not, some 4.6 million existing homes were resold during 2011, and we will probably exceed that this year, according to economists. So what is it that makes a prospective buyer ready to sign on the dotted line? What are buyers looking for in today's market?
In the last couple weeks, I have conducted an informal and unscientific poll of agents across the metro Atlanta area, and the results may surprise you.
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Read more...
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LEAD PAINT: The New World of Renovation, Repair & Painting |
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Wednesday, 31 August 2011 |
The new EPA "RRP rule" affects contractors, property managers and others who disturb known or presumed lead-based paint during renovation. The term renovation covers all activities done for compensation that disturb painted surfaces including most repair, remodeling and maintenance activities, such as window replacement, weatherization and demolition. The RRP rule applies to all renovation work performed in residential houses, apartments and child-occupied facilities such as schools and day-care centers built before 1978. Those affected by the RRP rule should read the complete rule, which is available on EPA’s Web site at:
EPA.GOV
Training, certification, and work practice requirements in the Renovation, Repair and Painting Rule are effective to any job in progress on April 22, 2010. Pre-renovation education requirements are effective now.
Requirements for Renovation Contractors Include:
Certification and Training Requirements
* Firms must have one or more “Certified Renovators” assigned to jobs where lead-based paint is disturbed. To become certified, a renovator must successfully complete an EPA-approved one-day training course conducted by an EPA-accredited training provider. To find the nearest provider in Georgia, call 404-997-2278 or toll free 888-373-0029 or visit Renovate99.com. Total cost of the training is $350 for a five year certification, less a $50 discount for your association membership.
* All renovation workers must be trained. Renovation workers can be trained on-the-job by a Certified Renovator to use lead safe work practices, or they can become Certified Renovators themselves. Many firms will choose to hire only Certified Renovators to satisfy this requirement.
* What About Landlords Working in Their Own Property or Property Managers?
Landlords receive rental payments and maintenance personnel in rental property or child-occupied facilities receive wages or salaries derived from rent payments. This is considered compensation under the RRP rule. Therefore, renovation and repair activities performed by landlords or employees of landlords are covered by the rule. Work performed by landlords or their employees in pre-1978 housing and child-occupied facilities must be performed using lead safe work practices, if lead-based paint or presumed lead-based paint is disturbed.
Any landlord who becomes a Certified Renovator is educated and trained to perform lead-safe repairs, renovations and turn-key jobs on his own property, and can hire non-certified workers to performs tasks under his supervision. Also, as an EPA Certified Renovator, the landlord may be able to avoid or divert liability by showing “good faith” efforts at providing lead-safe housing. In other words, it’s cheap insurance.
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Upcoming Events
John Adams Presents
REAL ESTATE ACADEMY
with John Adams
Saturday, May 19th
This ONE DAY INTENSIVE is designed to bring the REALTOR or INVESTOR to the next level in today's GUERILLA INVESTOR techniques, from finding & evaluating BANK OWNED HOMES to FINANCING & REHAB techniques. Includes using ROTH IRA and RETIREMENT FUNDS to invest in Real Estate, Income Tax and Property Tax Reduction strategies, Landlording methods for maximum cash flow, Exit & Retirement planning, and Pre-emptive Disruptive Appraisal Methods. In addition, a bonus session on GOOGLE TOOLS for Investors has been added to this class to allow you take full advantage of the power of the Internet to your profit system.
For more details and to REGISTER, Click HERE
The Foreclosure Tour of Homes
Saturday, May 26th
Starting at 9:30am, a small group of investors and buyers will have the experience of a lifetime. First, we have an in-class learning session where we learn about today's market.
You will see abandoned dumps and finished products, and everything in between.
And Snap will be there to answer all your questions and explain the rehab and rental strategies.
For more details and to REGISTER, Click HERE
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