TOPIC: The opportunities and risk of tax lien REO
Real Estate Owned (REO) is property acquired through a lender through foreclosure and held in inventory.
Our guest speaker, Gregory Jacovini of ProCapital.com, is the REO Director for this local tax lien investment company. Their REO's are viewed differently than bank REO's and as a result investors are missing out on great opportunities! Find out about additional buying options for your investing portfolio.
ProCapital.com - 1000 Haddonfield – Berlin Road, Suite 203, Voorhees, NJ 08043
856-528-0477 Office | 215-990-8081 Cell
gregoryj@procapllc.com | www.procapllc.com
As the name implies the group will be focusing on the following:
- Different methods for finding a good Real Estate deal
- Analyze techniques to make sure the deal is a good one.
- What to do with the deal once you’ve gotten it.
There are hundreds of ways to prospect for your next real estate deal; from short sales & REOs to private owners and wholesalers. You can’t do them all so which technique will you focus on? Which one is right for you? Then, once you’ve found the deal, what do you do with it??? If these topics interest you then join us for the Acquisitions & Exit Strategies Subgroup.
When: Second Monday of the month, 6-9 pm
Cost: Members attend for FREE / $15 (non-members) SJREIA accepts cash, check, Visa, MasterCard, Amex and Discover at Subgroup meetings.
Location: PJ Whelihan’s Pub, 1854 E. Marlton Pike, Cherry Hill, NJ 08034
Dinner is NOT INCLUDED, but it is available. Everyone orders their own meal.
Visitors can apply their $15 visitor fee to our yearly membership if you join the same night.
Members – Please bring your membership card to verify you have a current membership.
Subgroup Leader: Tom Dagney
Bio: Tom has been a part time real estate investor for over 25 years. His experience includes being a residential landlord (yearly and seasonal), land developing, and rehabbing/house flipping in the Camden, Burlington, Cape May, and Philadelphia counties.
During the day Tom is a Senior Sales Consultant for Protection One, the second largest electronic security company in the USA. His expertise is marketing to middle to large corporations presenting solutions for intrusion, fire card access, and CCTV systems in the South Jersey/Philadelphia market place.