TOPIC: New Jersey Tax Certificate Auctions!!
• How to bid a zero interest return and get above average interest: 9% the first year
• Why other investors bid zero interest & pay a premium for the privilege of owning the certificate
• How to use the tax system to clean a dirty deed
Bring your note pad!!
Speaker: Frank Barillari
AT THIS MEETING YOU WILL FIND OUT >>>>> How Frank made a mortgage loan in the 14th position on a property worth $250,000.00 with $325,000.00 in liens, then sold it free and clear for a huge profit!!
BIO: Frank Barillari
A Real Estate investor since 1982, Past President of Metropolitan Real-estate Investors Association on two occasions for a total of 12 years.
Having experience in: Real-estate auctions, estate, tax deed, tax certificate, sheriff sale..
Known for buying 8 properties at a deed auction and then having his own public auction 30 days later. Buying a textile factory at auction then selling the equipment for the entire price of the property, then selling the building for 3X the purchase.
Commercial buildings, mixed use retail/office, office, restaurants, and multifamily, Condo conversions using “the New Jersey Condo Conversion Exemption”, Buying “notes & mortgages” for the purpose of acquiring the property, Friendly foreclosure, Raw land with the “purchase subdivision” tactic, Free New Jersey land
Currently owner of commercial, multi family, land, single families, and condos
Currently running a flip business doing one house per month.
SJREIA members attend FREE; Visitors pay $20 (beginning Sept. 2017)
Please RSVP if you plan to attend so Restaurant can provide sufficient wait staff for our meeting (plus we can reach you if any last minute changes/updates)
Location: On the Border Mexican Grill & Cantina - 51 Us Highway 1, New Brunswick, NJ 08901
Schedule: Networking 6:30 - 7:00 PM
Vendor Introductions 7:00 -7:15 PM
Announcements 7:15 - 7:30
Meeting 7:30 - 9:00 PM
Networking 9:00 PM
THIS GROUP MEETS THE LAST WEDNESDAY EACH MONTH.
Subgroup Leader: Scott Forgue