SJREIA Ocean County Subgroup

TOPIC: New Jersey Tax Certificate Auctions!!

Speaker: Frank Barillari
• 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 something to take notes, you will want to!!
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.
Bring dinner/snack on your own, cookies and coffee provided. Please RSVP so we know to expect you. In the event of a meeting cancellation or change to topic/speaker, we will be able to notify you.
Entrance Fees: Members are FREE; Visitors pay $20
Location: Home Alliance Realty, 142 E. Bay Ave., Manahawkin, NJ
Time: 6:30 – 8:30 pm
2019: Sep 25, Oct 23, Nov 20 (1 week earlier)
Our meetings are on the 4th Wednesday of the month
Subgroup Leader: Lisa Lopez
Cost: Members attend for FREE / $20 (non-members)
SJREIA accepts cash, check, Visa, MasterCard, Amex and Discover at Subgroup meetings.
Visitors – join the same evening and apply your $20 visitors fee to our yearly membership fee of $150.
Members – Please bring your membership card.
Dinner Included? No - Bring dinner/snack on your own, cookies and coffee provided.