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Topic: Real Estate Investors of Roanoke VA

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carl crenshaw
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Real Estate Investors of Roanoke VA
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REI of Virginia will be hosting the Tuesday, April 26th, City Council Candidate Debate. The debate will take place at Corned Beef & Co., 107 S. Jefferson St., Downtown Roanoke City from 6:30 pm to roughly 8:00 pm.

This is one of the final debates before you vote for your favorite candidate. This is a public debate and everyone is welcome. The questions all pertain to business, jobs and real estate related issues. The media has said that the candidates are very similar and dont have many differences. The debate questions were designed to draw out the differences so you can select the candidate that most agrees with your perception on how Roanoke should operate. 

This year we could coin this election as the neighborhood support election. The candidates have, more than previous elections, made it crystal clear at several of the debates that they all whole heartedly support the neighborhoods. Time will tell if that comes to fruition. At this debate were going to find out if they show the same love for business. 

A couple of the highlights that have happened so far in the election include all of the candidates stating that they supported Roanoke City being a Sanctuary City for illegal aliens but several rebutted. They also all took a firm stand against a Roanoke company called SafeSide Tactical who legally and constitutionally sells guns. Were going to find out what other businesses they dont support if there are any and what types of businesses they encourage in the city. 

There are lots of great questions at this debate that will differentiate the candidates. The candidates are going to give you their ideas on neighborhood blight in some of the low income neighborhoods in the city and how to fix it. Do we focus on stronger punitive methods of forcing compliance with state codes or are there positive reinforcement solutions? Is the city taking part in corporate welfare or do we need to give handouts to get jobs?

Both businesses and the citizens have been burdened with higher tax rates over the past few years while times are still tough for most. Do our candidates have any ideas on what we can do to prevent future tax increases or do they have plans to repeat the actions of the past? 

Were looking at the future of Roanoke at this meeting and making plans to undo damage from the past. Our candidates have ideas on bringing more jobs to our community and they are going to give us some hints on how they plan to do it. 

This is expected to be one of, if not the largest, debate of the election. Dont miss it! Get there early so you can get a good spot. The room will hold roughly 150 people maximum. We will start at 6:30 pm sharp.

Be there or be square

Mayor Democrats: Martin Jeffrey Write In or Sherman Lea 

Republican City Council Write In: Jim Garrett

Independents:  Michelle Dykstra, John Garland, Dane Howard

City Council Democrats:  Anita Price, Freeda Cathart, Trish White-Boyd

 

 

 

Our mission: 1.To provide VA Businesses with the tools and strategic local networking alliances to increase their profit and leverage their marketing. 2. Help even the playing field when competing against large national franchises. VA Business Networking

Roanoke VA Business Networking - We help our clients and business networking partners in Roanoke VA put up low cost to affordable small business websites, get them found on local search, work to keep them there, and help build a strong local twitter target market.

 

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carl crenshaw
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Lots of hard work from our membership went into producing one of the best residential leases in the Country. It took hundreds of man-hours to complete. 
 
It all started out with a series of meetings we had with a comprehensive lease. We added every clause we could think of and we went through these clauses line by line as a group getting our collective experience on each and every clause. Some we deleted, some we modified, some we kept. 
 
Each of these REI meetings were packed. Everyone wanted to be involved. They were a goldmine of education. 
 
At that point we had a solid rough draft. We then passed our lease over to one of the best Landlord Tenant lawyers in the state for their review. We had several pages of suggested changes. So we set up a committee of seasoned landlords to get together from time to time and make these suggested changes as we saw fit. 
 
We now have the REI of Virginia lease available. There may be some minor formatting issues that you can easily modify on your computer as each computer sees something a little different. 
 
Lots of people have been contacting me regarding how to get the REI Premium Member Lease. Ill answer everyone in one shot here.
 
Its time for REI of Virginia dues again this year and what weve been doing is once dues are paid to Eric, he gives me a list of who paid. I move those who have paid over to a 2014 REI of Virginia Premium member file in my bulk email software and once a week I bulk email all of the new members as they come on a copy of the lease and HUD lead disclosure that you legally have to include with every residential lease. 
 
There are a couple ways you can sign up as a Premium REI of Virginia member. One is you can wait until the next meeting and pay Eric then. The other option is that you can email Eric and he can send you the address to make payment. Erics email is easchmucker@yahoo.com.

 

 
 
Our mission: 1.To provide VA Businesses with the tools and strategic local networking alliances to increase their profit and leverage their marketing. 2. Help even the playing field when competing against large national franchises. VA Business Networking

Roanoke VA Business Networking - We help our clients and business networking partners in Roanoke VA put up low cost to affordable small business websites, get them found on local search, work to keep them there, and help build a strong local twitter target market.

Real Estate Business Networking



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carlcrenshaw
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Our mission: 1.To provide VA Businesses with the tools and strategic local networking alliances to increase their profit and leverage their marketing. 2. Help even the playing field when competing against large national franchises. VA Business Networking

Roanoke VA Business Networking - We help our clients and business networking partners in Roanoke VA put up low cost to affordable small business websites, get them found on local search, work to keep them there, and help build a strong local twitter target market.

Real Estate Business Networking

 



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carl crenshaw
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I don't have time to write much right now. I hope you all have a few minutes here and there to put some time towards looking into what happens to real estate in periods of inflation and deflation. That article I wrote and the link provided is essentially a beginner crash course on the subject. It was very well received as I had at least 60 emails from our members regarding the subject. 
 
If you read it and were able to understand it you're a long way there. If you didn't you are more than welcome to ask me questions and I'll help bring you up to speed. Once you understand the impact of inflation and deflation you are armed with one of a few tools needed to read the future in our industry. Other tools include understanding the impact of population fluctuation, the basics of supply and demand, and cycles that happen over and over in our industry. 
 
Educated investors win in times of uncertainty. They win big. And everyone else loses. This group is all about making ourselves money through our collective knowledge. We hit it on every angle. It's essentially an ongoing masters degree program for the intellectually superior. And it's fun so it doesn't even seem like we're learning. 
 
This week we're going to have our vendor style meeting with a local rep for Cox Home Security named Laura who will be talking about their product for your own home and or middle to upper class rental properties as an upgrade that can potentially justify higher rents.
 
Essentially their product isn't only an alarm system that can send you photo and video of what's happening at your house but it also can help you save money by setting up rules for lighting and heating that can be managed right from your smartphone. 
 
Come on down to our weekly shindig and spend some time with some good like minded people to listen and participate in our weekly entertainment / educational meetings. 
 
EVERY Tuesday From 6:30 pm to about 8:00 pm 

At Shakers Restaurant, 1909 Valley View Blvd NW,  Roanoke VA 24012
 
We'll See You There!

Our mission: 1.To provide VA Businesses with the tools and strategic local networking alliances to increase their profit and leverage their marketing. 2. Help even the playing field when competing against large national franchises.

 

Roanoke VA Business Networking - We help our clients and business networking partners in Roanoke VA put up low cost to affordable small business websites, get them found on local search, work to keep them there, and help build a strong local twitter target market.

 

Real Estate Business Networking



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Anonymous
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This Week   

Landlord Nightmare Stories Coming Up This Tuesday Near You

34d2a6c5ad8f840accb7565914b0f54f3e9aff75
First let me give thanks to our President Andy Stowasser for doing such a great job with setting up some really informative and fun meetings. It's not an easy job, I know that from personal experience. 
 
This week he scheduled a meeting called Landlord Nightmare Stories. In this meeting we get to talk about the worst or most interesting things we've individually bumped into as landlords so we can learn from each other. It helps to hear what kinds of problems other landlords have encountered so you know how to handle it when it happens to you.
 
Did you have a con artist nightmare tenant put you through the ringer with the judge while they shacked up in your place and got free rent for months? How about a neighbor who tapped into your rental's power lines and ran your bill up for months before you caught them? Or a tenant that you had a past relationship with that
When And Where Come on down to our weekly shindig and spend some time with some good like minded people to listen and participate in our weekly entertainment / educational meetings. 
 
EVERY Tuesday From 6:30 pm to about 8:00 pm 

At Shakers Restaurant, 1909 Valley View Blvd NW,  Roanoke VA 24012
 
We'll See You There!
 


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markb
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Carl I hope all is well with you.

Mark Barreres at 540-335-8190
VABusinessNetworking.com

Roanoke Virginia Business Networking - Our mission: 1.To provide VA Businesses with the tools and strategic local networking alliances to increase their profit and leverage their marketing. 2. Help even the playing field when competing against large national franchises. Events

In 2014 find and keep in touch with team players only. Focus your time on people that have time for others.

Real Estate Business Networking



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carlcrenshaw
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Carl,

I have an outstanding wholesale deal for you of which I will sign our closing documents as Power Of Attorney. The property is owned by Macher Properties. 
Money is needed quickly so this apartment building is being sold far below value at $110,000. The owners loss will end up as your gain.

Property Address: 502 / 504 Day Avenue, Roanoke VA
Number of Units: 4 / 2 bedroom units

If this house was remodeled you would be renting to doctors and lawyers at that location. Right at the bottom of Millers Hill. The house is about one third larger than any house in the area. Check the recent sale prices of the property on Millers Hill that has had a complete rehab. I estimate approximately 50 to 60K could be spent on 502 / 504 Day to make it one of the nicest houses in the neighborhood. I estimate the ARV to be 300K or above. When the market turns around 502 / 504 Day will be a half a million dollar house. 
The property has a huge deck on the back that was recently built, the upstairs apartments have access to a massive attic which has accessibility for more living space. The lower 2 units both have basements that could serve as storage or living space if finished
. 
This property cash flows at $110,000. The owner is willing to owner finance 20% of the purchase price with terms that suit the buyer. The roof is slate and in great shape. Last year the soffits around the house were rebuilt and 3 years ago the front porch was rebuilt. Structurally the property is in great shape. 
With development coming down 5th St, Millers Hill and the neighborhood just wining a 2.2 Million Dollar Grant each year for the next 4 or 5 years, this property is a diamond in the rough.

One more possibility with this property is to rehab the building and sell each apartment as downtown condos where you could easily get 80 to 100K each.

This deal won't last long. 2 units are currently rented. 2 units need a little work to get a valid rental certificate. The seller is willing to bring these 2 units up to rental code with a full price offer.

To View Call Shelly Dalton 540-353-7485 or email her atshellysellsroanoke@gmail.com
Shelly Dalton, REALTOR 
Prudential Premier Real Estate
2772 Electric Rd
Roanoke, Va 24018
(540) 353-7485
Licensed in the state of Virginia


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carlcrenshaw
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Roanoke VA Real Estate Investors Meet Up
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Hi Everyone,
Wow, sure was a big group last Tuesday. Looks like we're starting to get to the capacity of that restaurant. Not sure exactly what we are going to do when we outgrow El Rodeo. Going to have to be a pretty big restaurant to be able to hold all of us. We can probably hold 20 or 30 more and we'll be at maximum capacity. 
Looks like we definitely need a sound system now. We're working on it.... Very hard to hear on the other side of the room. 
We had Mr. Frydrych from B&D Locks who had a more interesting discussion on locks than I expected. If you need them for any reason their number is 540-563-1101 and email is info@BDLock.com 
And we have another great meeting lined up for this Tuesday. Our member and good friend Eric Schmucker will be talking about Delaware and Wyoming corporations. Something I have not talked to Eric about yet. I am very interested to get the details of exactly how out of state corporations will benefit a company. What the pros and cons are....
Come on down and spend a little time with your friends and other like minded people at REI this Tuesday the 24th of April, 6:30 pm to 8:00 pm at El Rodeo, 4017 Williamson Rd, Roanoke VA. 
I'm ready for my weekly REI mental educational vacation. 
See You There!
Great Wholesale Deal From Michael Cox!!! Get it quick....

527 Fairfax NW
Roanoke, VA 24012
Asking Price: $11,000
Tax Assessment: $26,800.00
Summary: 3BR 1BA Construction: Frame. 1,440 Sq Ft.  Property needs some work mainly from a squatter living in there in the past.  The work is mostly cosmetic with a lot of clothing and stuff scatter across the inside. Buyer to verify their actual costs for repair.  Property details and pictures below.
VIEWING INSTRUCTIONS: drive by only- call for appointment; can show with an appointment. Call Michael Cox 540-815-4554

TERMS: cash, private lending (hard money).
SALE TYPE: Assignment of contract
_____________________________________



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carlcrenshaw
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Hi Everyone,

What a great meeting we had this past Tuesday. We had Kathy Caldwell and Paula Bussey as guest speakers from the Bank of Botetourt. The Bank of Botetourt is my personal favorite bank to do business with. They are good people and have reasonable terms. All of the investors in our group that I have recommended the Bank of Botetourt to have been happy. I've never heard anyone having a negative experience.
If you would like to talk to the Bank of Botetourt about a commercial loan for rental property please contact Kathy Caldwell at 540-591-5038
caldwell@bankofbotetourt.com  Kathy is a very busy lady and I have found that email works great which allows time for her to respond when she is free.
If you would like to talk to Paula Bussy about opening a business account which I will be doing in a few days please contact her at 540-591-5032 or Pbussey@bankofbotetourt.com
For next week we have another great presentation lined up. Election time is near. We had Mayor Bowers speak with the group and now we will have Mark Lucas who is running against him on the Republican ticket. We also have my friend John Brill who is a conservative running for the Chairman for the Roanoke City Republican Party. 
So did you know that we had a Republican Party in Roanoke City? I never hear anything about them until a year or so ago. Does that indicate poor present leadership? Why can't they get even a single Republican in office in the city? Do they even have a Public Relations campaign in place to point out the parties position on various issues? Every single city council seat and the mayors seat is held by the Democrat party which I would normally say was impossible. It's important to have at least some balance.
So come on down and get a mental vacation watching our educational entertainment at our REI meeting and hang out with like minded people this Tuesday the 3rd of April at 6:30 pm to 8:00 pm at El Rodeo, 4017 Williamson Rd, Roanoke VA. 
Bring your family and friends!
Other Announcements:

1. Can You Recommend a Good Fair Priced Contractor That Will do Work in Blacksburg? If so, please contact Whit Gravely below. 
Dallas,
 
Do you have a name of a contractor in the NRV who I could talk with concerning finishing out the inside of a house in Blacksburg?   There was a water break inside and the downstairs sheet rock had to be removed.  
Thank you,
Whit Gravely
293-2240  
2. Clean Valley Day in Old Southwest and Mountain View. Drop your trash there on that day and have it disposed of for FREE. Clean up the alley behind your property. Get that left behind junk out of your house. For info contact our member Val below. 
For landlords with property in Old Southwest and Mountain View:
 
CLEAN VALLEY DAY:
 
·         Historic Old Southwest
***REMINDER*** Block Pride Neighborhood Cleanup is taking place Saturday March 31st- (8am-12Noon) Rain or Shine- 2 Drop off points- 4th & Washington/Highland and 8th Day/Marshall - Looking forward to seeing all our neighbors in Old Southwest- Tell a Neighbor, Tell a Friend- Remind any and all our home owners, renters, businesses and churches- We're in this neighborhood together- Questions? Call our buddy Jim- 312-6485 (bring your shovels, gloves, rakes and award winning smiles)
 
Mountain View drop-off point on Chapman Avenue between 12-13th Streets, SW.
 
Valeria Alphin
President
Mountain View Neighborhood Association
540.998.4046
 
3. Please remember to support our sponsors as their support is greatly needed!!!

Insurance for your personal property and rental property, REI Group health insurance, auto insurance, etc.
Terry Carico - 540-772-3362
Pest Control - Best company in town. B&C Exterminating. Contact our member and friend Twoie Knox. 2E set up a great deal for our members. You can either get full service pest control or he has a Do It Yourself program set up where you can go to Twoie and purchase the real stuff needed that works and he will tell you what to do with it yourself. 
Twoie Knox - 540-537-8608 - 2eknox@gmail.com
Dallas.

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carlcrenshaw
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Real Estate Investors of Roanoke VA
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*** If you are interested in these wholesale deals please contact Frank, His contact information is below***
Dallas,
 
Can you pass this on to the group?
 
I have two investment properties for sale:
 
$35,000 or best offer - 119 16th Street SE, Roanoke
We are looking for a quick all-cash close on this property. This is a 736 square foot, 3 bedroom, single family home. It needs a little work ($1,000-$5,000). It has a gas heater but duct work for an attic furnace and AC unit that had been removed before we bought it but could be added. This house has new vinyl windows. Rent would be $650-$700/month.  This also would be a great return on investment. We can do the work or you can for a reduced price.  MAKE AN OFFER!
 
$25,000 - 1019 12th Street SE, Roanoke
This is a 2 bedroom, 1 bathroom house.  It has 856 sqft finished. It needs a little work but nothing too major.  Needs a couple patches in the wall and new carpet.  Vinyl floor in kitchen could also be upgraded.  Estimated costs to repair less than $1,000.  This property would rent for $650/month and generate a great return on investment.
 
If interested, email me or call/text me at 540-425-0744 for more information.  Also, check out http://www.sitestar.com/properties for pictures of these and other properties we have for sale.
 
 


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Anonymous
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Roanoke VA Real Estate Investors Meet Up
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Hi Everyone,
Two things: Agenda and a New Health Care Provider In Town! Business or Individual...
Agenda:
Wow, fantastic meeting last week from our member Eric Schmucker. I love to hear the way other successful investors set up their operation and obtain money. Always gives me some ideas. I'm ready to step up my game some and my bank is going to help with funding to do so. Eric has motivated me to get off my you know what and start really making some stuff happen. 10 - 12 houses a year sounds like a reasonable unobtainable number that I will try to touch. I could probably swing 9 or so though. I normally buy the multifamily ones so they are big and rehab takes a little longer because I like em boarded up and falling apart. Got to keep the guys busy and food on the table. 
Things are looking good for the upcoming dry season. Winter is on it's way. Properties are dropping like a rock in the low income housing market. And they will continue to drop throughout the winter. Now remember some points from another one of our favorite speakers nationally known Ray Alcorn. Funding is expected to be tight between the years around 2012 to 2014. We're almost there. Got to pay off debt, look financially strong and have access to money to get through it if you intend on growing your company during that period of time. 
So this Tuesday as usual we have another great "Show". Many of our members have requested some talk about leases and our member Larry Moore got his lawyer to stop by and throw out some pointers. Larry has one of the strongest leases I have seen and the guy who wrote it is Ross Hart from Hart & Hart Attorneys, Ltd of Salem. 
On a side note.... Ross is on the board for Legal Aid and his wife works there as well. Ross runs his leases by legal aid to make sure it is something they will not want to challenge!  Ross AKA Leasing Expert. The best in the business on leases... 
So....  clearly you don't want to miss this meeting. 
Be there or be square....
4017 Williamson Rd
El Rodeo
6:30 to 8:00 pm 
Tuesday the 15th of November. 
Drinks after if anyone wants to join in the bar. 
Health Care: Business or Individual
Hi Dallas,
I have a brand new healthcare provider I broker for individuals and groups of 2-200.  They are Virginia based and a subsidiary of Sentara Healthcare.
The name of the provider is OPTIMA and they are not only aligned with Carilion Physicians but also Lewis-Gale (HCA Hospitals)
Anthem has new competition here in Roanoke and my agency is a broker.
Please let everyone know, the group is available now and the individual will be available in December.
Thanks,
Terry M. Carico    
 unknown.gif
(540) 772-3362 


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carlcrenshaw
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Hi Everyone,
Agenda:
We had a great meeting last week with our member Dan Cullather and Adam Johnston of Valley Tree Mortgage about buying, selling and financing real estate in todays market. Lots of good information and many questions. If you would like to talk about getting a loan give them a call at 540-444-0577. 
We have another fun meeting scheduled for our next get together. 
REI of Roanoke and The Terry Carico Agency will Host A Wealth Transfer & Estate Planning Seminar. There is some new Sunrise legislation that the government put in place to stick it to us all that will take place the first of 2013. You've got to prepare for this prior to the enactment of this law. 
A guy named Jeffrey Layne of Farmers Insurance is going to be coming in from Richmond to tell us all about it. Jeffrey has been described as a real nice good old boy that is a sharp, sharp cookie. 
Come on down and join us this Tuesday the 27th of September at El Rodeo, 4017 Williamson Road, Roanoke VA from 6:30 pm to 8:00 pm
Another message...
Property Needed:
*** If you have property in these areas that you want to sell, contact Robert at 540-691-5710 or IBSteelers1fan@aol.com ***
Hi everyone,I have a investor who is interested in property owned by owners in Chesapeake,Hampton,Newport News,Norfolk,Portsmouth,and Virginia Beach only.Have the owner email me info on the property,or call me at 540-691-5710 ask for Robert.
*** If you have property in these areas that you want to sell, contact Robert at 540-691-5710 or IBSteelers1fan@aol.com ***
Dallas.
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www.reiofroanoke.com / 540.293.2335
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REI Recommended Insurance:
*Terry Carico Agency*
Terry Carico - (540) 772-3362 - cia_protected@yahoo.com 
4118C Franklin Rd SW, Roanoke, VA 24014
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carlcrenshaw
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Good morning,

We received some great news yesterday when the Roanoke City Council UNANIMOUSLY signed off on city planners recommendation to choose our neighborhood as the next target area for a Community Development Block Grant, funded by the Department of Housing and Urban Development.

The target area encompasses pieces of Mountain View, Old Southwest and West End. Funding, estimated at $2.5 million annually over the next three years, is set to begin July 1, 2012. Between now and then, City officials will develop a Neighborhood Revitalization Strategy Area plan, and we will be working closely with them and our friends in Old Southwest to help develop the plan.

Here's a link to the map:
http://www.mountainviewroanoke.org/2011/09/07/city-chooses-mountain-view-area-for-hud-funding/

Here's a link to the Roanoke Times story:
http://www.roanoke.com/news/roanoke/wb/297829

And here's a link to go talk about it!!!
http://www.facebook.com/mountainviewroanoke

Thank you everyone for your support!
 
Mike


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carlcrenshaw
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We had a great meeting last week with Carla Bream who is running as the Republican Candidate for the Roanoke County Commissioner of the Revenue. Carla is a real nice lady and a lot of fun to talk with. If you would like to contact her or give a donation to her campaign, her email is carla@carlabream.com and phone 540-309-4144. 
The Republican primaries are right around the corner for the next election. Voting in the primaries is on the 23rd of this month. The two candidates that are running to be on the Republican ticket against Senator John Edwards are Tripp Godsey vs. David Nutter. 
And our special guest speaker for this Tuesday will be Tripp Godsey and Greg Aldridge from the Roanoke Tea Party. Tripp is a solid conservative who has the support of the tea party in this upcoming election. 
After what happened today with the stock market crashing due to our politicians lack of ability to be fiscally responsible, it is more important than ever to carefully select people on a local, state and federal level that realize that they don't have an endless supply of wealth to take from the tax payer as they wish. 
Tripp is a constitutionalist who loves this country and the protections from government that our founding fathers gave us. And this is something that he wishes to preserve. 
REI members will have an opportunity to talk with Tripp about what he believes in and will be able to inform him about some of the issues that we are dealing with mostly pertaining to people being accountable for their own actions.
The Water Authority billing landlords for tenants unpaid bills and now being able to shut your business down if you don't pay is one of many state issues that Tripp can help us with. Having a friend that will help us stop the ongoing anti landlord related bills that keep getting introduced each year would be fantastic. Someone who will not only help us on the defense but will also help us take an offensive stance to repeal unconstitutional and unethical bills is what we need. 
Growth of small business and confidence in the future = JOBS. It's that simple.
We will also get to hear the details about Agenda 21 which is a comprehensive long term plan of action that has been taking place over the past few years. The government wishes to concentrate the population in cities while buying up the rural real estate with tax payer money. And through things such as rezoning, not allow people to live in these rural areas anymore and focus more on what they call "sustainable development". 
The implementation of this program is now underway. Conspiracy theory? NOPE. It's reality. Come and hear factual and undeniable details on this major real estate grab by the government this Tuesday. 
I leave you with one of my favorite quotes from Tripp Godsey.
I believe 
"That Property taxes are fundamentally wrong and cannot be reconciled with the right to own and control our own property. The existence of property taxes, no matter how altruistic the motives for spending the tax money are, means you never actually OWN the property being taxed. You buy the property and then must pay government rent for the privilege of owning it until you sell it or government takes it from you for not paying your rent to them. The right to ownership of property is fundamental to freedom and must be restored if we are to be a society of free individuals."
Tuesday the 9th of August from 6:30 pm - 8:00 pm at El Rodeo 4017 Williamson Rd, Roanoke.
Come on down to our FREE meetings. We have a lot of fun and are a nice group of people. 
Dallas.
The%20Creative%20Investor%20logo%20small.jpg
www.reiofroanoke.com / 540.293.2335
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Terry Carico - (540) 797-4490 - cia_protected@yahoo.com 


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carlcrenshaw
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  • Carl - Real Estate Investors of Roanoke Agenda

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7/28/11
 
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 dallas powell
To Carl Crenshaw
 
 
Hi Everyone,
I was told the meeting last week was fun. Unfortunately I had to miss it due to another meeting I had to attend to work with the police, neighborhood association presidents and store owners to attempt to develop some solutions to reduce crime in my neighborhood. 
This week our special guest speaker will be Republican candidate Carla Bream who is running for the Roanoke County Commissioner of the Revenue. 
The position involves:
The County of Roanoke Commissioner of the Revenue provides fair and equitable assessments for taxation as set forth by the Code of Virginia, Title 58 on Taxation and the Code of Roanoke County as adopted by the Board of Supervisors. The Commissioner of the Revenues office is responsible for:
  • Assessments and audits of individual and business personal property.
  • Issuance, renewals and audits of business licenses.
  • Real Estate Transfers and Real Estate Tax Relief administration.
  • Assistance and processing of VA State Income Tax Returns.
  • Assessment of Bank Franchise and Public Service Corporation taxes.
  • Administration of excise (trust) taxes.
Additional Responsibilities
The office also maintains the Real Estate Land Books, Personal Property Land Books, and collects prepared food, beverage and lodging taxes. The Commissioner of the Revenue is a constitutional officer elected by the citizens of Roanoke County to serve a four-year term.
Carla is presently a reporter for the Roanoke Star-Sentinel and runs a marketing firm. She is also the president of the Roanoke Valley Republican Women, on the board of directors of the Virginia Federation of Republican Women and is on the executive committee for the Roanoke County Republican Committee.  Sounds to me like Carla is really on the ball. 


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carlcrenshaw
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  • Carl - Wholesale Mansion On National Historic Register

 
*** If you are interested in finding out more about this property contact Spanky Macher at 540-520-6143

Wholesale Mansion on the National Historic Register
$375,000 for a quick sale. House valued at $500,000
Can be used as a Bed and Breakfast 
All very large rooms. 
Living Room, Dining Room, Foyer, 6 Bedrooms
5 1/2 baths
Jacuzzie tub in one
5.5 acres
A cottage that is framed in where the colonel lived, ready for interior work and siding
Playground
Detached double garage
Full basement with a fireplace
5 fireplaces, only have used one for years
Three heating and cooling systems
Large deck outside, double tiered
Beautiful hardwood floors
Needs some soffit work on the outside, particularly the side porch only and a little in the back. 
Contact: Spanky Macher - 540-520-6143 or spank24012@yahoo.com . 
*** If you are interested in finding out more about this property contact Spanky Macher at 540-520-6143 orspank24012@yahoo.com *** Dallas.


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carlcrenshaw
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Hi Everyone,
We had a good time at our last meeting with Susan Lower of the Roanoke City Real Estate Valuation Department. She's a real nice lady. If you need to contact her for anything like the tax abatement program, lowering your taxes or whatever, her phone number is 540-853-2771 and email is Susan.Lower@roanokeva.gov . 
We've got a great meeting coming up. This Tuesday a money guy will be speaking. Our member Dan Cullather will be talking about the mortgage industry, what's the latest news and trends, etc. It's going to be an interesting meeting!
*** On another note Spanky Macher asked me to let you guys know that he is pleading guilty to the charges against him in a plea agreement that will work out for everyone in hopes of getting his 11 month old child Jacob. He says it should go well. He loves his child tremendously and would do anything for him. 
He also said if anyone knows the whereabouts of Alfred Levesy, Mellissa Lohrmann, Johnathan Layne, Debra Thornhill or Markesie Jones to please contact him and let him know. spank24012@yahoo.com 520-6143
*** Also, a new, "first of it's kind" restaurant has come up for sale in Roanoke. I have been told the restaurant is doing very well. So well that it has overwhelmed the owners, they feel overworked and want to slow down so they want to sell it. I don't know anything more about the restaurant so don't contact me about it because I can guarantee I can't answer your questions. If you would like to investigate this potential opportunity email Pam at luvabnb@yahoo.com 
*** Visit our website for a more detailed analysis of the Water Authority related bills that were passed and not passed this past session.
Check here for information pertaining to the barring of a tenants guest(s) from your property.
And look here for a fun money saving tip on clean-outs that I like to do. 
I'm looking forward to another fun meeting and getting together with everyone. 
Your family and friends are welcome! 
El Rodeo, 4017 Williamson Rd, Roanoke, VA  Tuesday the 29th, 6:30 - 8:00pm.
Dallas.
540.293.2335
The%20Creative%20Investor%20logo%20small.jpg


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carlcrenshaw
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Hi Everyone,

We had a nice meeting last week with "extra" special guest speaker Yours Truly on junker property : - )  

This week we are going to have another fun one. Our guest speaker will be Mark Page, owner of Page Appraisal Inc. Mark will give a general overview of the process of appraising property and will give us some insight on what repairs to do to a house that will give you the most bang for your buck and what not to do. Important stuff to know.

El Rodeo is the place, 4017 Williamson Rd, Roanoke, VA is the address and Tuesday the 1st, 6:30 - 8:00pm is the day. 

Another announcement is that the Solid Waste people are meeting with the Roanoke Neighborhood Advocates and other people in the neighborhood associations this evening at 5:30 in the Municipal Building Room 308. 

The topics of discussion will be:
- Where the big blue trash cans should be placed and what constitutes the front yard where they can't be
- A few other things
- And a review of my application of appointment to become a Roanoke Neighborhood Advocate. We own half of the property in Roanoke and it's important that the RNA has someone there who can provide the landlord perspective on things so the city can make plans that will work for everyone. 

Solid Waste head honcho guy, Billy Bashum told me a few weeks ago that he is planning on working on rewriting the city code with the city attorney and he was going to talk to the RNA about it in a couple weeks. I am thinking that this is the meeting that they will be talking. I called him back on a number of occasions and he has not returned my phone calls. The topic of discussion that he told me was they were going to discuss giving the bulk trash fines to the tenant if the landlord could provide the required information. But the "landlord would still be ultimately responsible" for the tenants disregard for the city code. It looks like we're about half way there but this ultimately responsible stuff is not something that anyone in our group that I've talked to finds to be acceptable. As a matter of fact, landlords being personally responsible for any other persons misdoings is absolutely unacceptable.

If any of you can spare a few minutes of your time it would be good to go to this meeting this evening at 5:30 in the Municipal Building Room 308. That's the building next to the courthouse. 

See everyone tomorrow at our Tuesday evening Shin Dig. 



Dallas.
540.293.2335


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carlcrenshaw
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Hi Everyone,

We had a fun meeting last week even though Court Rosen didn't show up. Lots of good conversation relating to what direction our group will take in the fight for our rights and the attempted end of the government tyranny over and the negative image on our industry. Landlords are most often the one to blame largely due to the general publics lack of education pertaining to the legal limitations that we are bound by. The reality is complaints directed at landlords most often are misguided and are a result of laws the government has passed in a pro tenant state of which we have no control. 

I am pleased to announce that I have submitted the application for my appointment by the city council to the Roanoke Neighborhood Advocates. The Roanoke Neighborhood Advocates are a group of 13 members, 7 of which are appointed by the City Council. Their primary duties are to act as a liaison between the Roanoke City Government and the members of the neighborhood groups throughout the city. 

I expect that I will be chosen to be appointed as a RNA because I am unaware of any investor on the board and the stats show that over half of the property in Roanoke is investor owned. If they don't have someone on that board that represents investors in Roanoke they will be sending a clear message that they are uninterested in the investors perspective on real estate in Roanoke. 

We have a fantastic meeting for this Tuesday that our friend Bob Clement set up. City Manager Chris Morrill wanted to come and talk with us. As you may know, Chris is the key guy for the development of strategies and implementation of programs that the city council wants. He is responsible for the city budget. Developing a plan of action; what should be cut, what should be funded and all day to day operations. His master plans then go by the city council for approval. 

I'm really looking forward to Chris coming to visit with us so we can let him know about some of the concerns of investors in Roanoke so we can work together to develop a good plan of action to resolve them. This will be one of the key meetings of the year so make sure you're there.

Also, Tim and I have some deeply discounted wholesale properties that we will be letting go for next to nothing. We'll let you know about them at the meeting. 

Some other good news, we have a new sponsor. Our member Twoie Knox, owner of B&C exterminating is advertising on our site. http://www.reiofroanoke.com/  

Twoie's ad is focused on "Do It Yourself" pest control. I think Twoie will do real well with this concept considering us investors are good at pinching a penny until it bleeds and this is another great way to save some money. Twoie will sell you the real products that work and will tell you what to do so you can "Do it Yourself". 

It's important that we support our sponsors. Twoie is helping out with the operations costs and the costs of a future mailing to non member investors in Roanoke so we need to support his company in turn so he can get a good return on investment for his ad. 

Our meeting El Rodeo, 4017 Williamson Rd, Roanoke, VA, This Tuesday the 8th, 6:30 - 8:00pm. 


Bring your family and friends.... Be there or be square,


Dallas.
540.293.2335


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carlcrenshaw
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We had a great meeting with Ian Shaw from Roanoke City zoning last week. Ian seems like a real nice guy and willing to work with investors on zoning related issues. Apparently code enforcement has a few misunderstandings about the laws pertaining to zoning related issues that we should work on getting straightened out.

This week our special guest speaker will be City Councilman Court Rosen. Court is going to talk about various issues pertaining to Roanoke Cities real estate holdings and future plans for the city. All big picture stuff that REI of Roanoke would like to be involved with.

I would like to see REI of Roanoke sometime in the near future start planning a major renovation of one of the buildings downtown and would love to hear that the city will fund the project via the sale of municipal bonds. We could also take advantage of facade grants, parking lot / landscaping grants, the tax abatement program, the development fee rebate, the fire suppression retro fit grant, the water, fire and sewer hookup rebate, rental property investment grants and historic rebab tax credits with non secured financing at the completion of the project by the VHDA.

Don't miss this next meeting. Once we've secured non profit status, REI members who wish to be involved will be paid via construction management expenses to assist with the project once we get it underway. We're right at the inception stage right now and are digging for the answers needed to get it kicked off and it's a good time to get involved on the ground floor level.

El Rodeo, 4017 Williamson Rd, Roanoke, VA, This Tuesday the 1st, 6:30 - 8:00pm.

See you there. Bring the family and friends!


PS> If you would like to sponsor REI of Roanoke or know someone who would please look at the information below.

REI Ad Spec Sheet
  • Sponsor Logo Link displayed under "sponsors" on our www.reiofroanoke.com blog which costs $150 for an entire year.
  • Animated Banner Ad in the top right corner of www.reiofroanoke.com , where the PowMarCom banner is, $495 for a year (must provide an animated banner ad. Dimensions 460 X 88)
  • Sponsor Logo with up to 6 Email Blasts per year that advertises your services to our rapidly growing 430 member  investors email list. $595 Great Highly Targeted Branding!
  • Animated Banner Ad with up to 1 Email blast per month for a year. $795 (must provide an animated banner ad. Dimensions 460 X 88)
  • Sponsor Logo with 1 Email blast per month for a year plus author access to our www.reiofroanoke.com blog so your company can publish investor educational related articles and position your company as the solution - $795

Over half of the properties in Roanoke are investor owned. Thats approximately  20,000 properties that we represent. Our mission is to provide:
    1. 1.    Advanced education related to landlording, flipping, wholesaling and real estate in general.
    2. 2.    Developing an ongoing alliance with the local government on matters that effect investors such as building inspections, code enforcement, waste removal, water authority, and local governments real estate holdings to name a few.
    3. 3.    Providing a place to buy and sell wholesale real estate and develop relationships with other investors to partner with on deals.
    4. 4.    A resource that businesses can offer their products and services to investors.

Our members understand the value of our sponsors who help keep REI of Roanoke membership free.

Money that REI of Roanoke brings in will be spent on:
    • - Operational expenses (name tags, domain name, etc.)
    • - Direct mail program to Roanoke investors to further increase membership which directly benefits our sponsors.
    • - Funds needed to assist in changes of legislation to benefit investors both locally and statewide.
Take advantage of exclusive sponsorship within your industry of REI of Roanoke
Contact us now at: 540-293-2335 or dallas@powmarcom.com

Northern Virginia Real Estate - Shenandoah Valley Real Estate
Winchester VA Real Estate Deals

powered by ShenandoahConnection.com
and WebPromotion.com

"What sets Mark and his ShenandoahConnection.com Network apart from other so called SEO providers is the following combination: Despite asking a real low price for his services, he simply delivers. With Mark you are guaranteed to get traffic to your website. So, why should someone hire Mark? 1) results - guaranteed to get traffic to your website 2) price 3) he keeps delivering I happily and full of confidence am introducing (or already have) Mark to all my clients. This is how business ought to be. Go Mark!" - Rene Hollebrandse Actioncoach



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carlcrenshaw
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Hi Everyone,

We had a great meeting last week with police chief Chirs Perkins. Some interesting things are coming including the software they are purchasing that will pinpoint crime locations, code enforcement violations and solid waste violations. 

Our special guest speaker for this week Terry Carico with Farmers Insurance. Terry will be talking about various exclusions in policies and what you should watch out for. Are you covered properly or not? That's a very good question considering all of the weasel clauses insurance companies put in their policies. And what good is insurance if you have a major claim like a fire and they try to slide out of it?

El Rodeo, 4017 Williamson Rd, Roanoke, VA, This Tuesday the 18th, 6:30 - 8:00pm. 

See you there. Bring the family and friends!  



Dallas.
540.293.2335


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carlcrenshaw
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Hi Everyone,

I get a lot of people who contact me needing both skilled and unskilled labor and don't have many good contacts because my guys work full time for me and I keep them busy. Everything from plumbers to electricians, painters, etc that are dependable. There is a market for both the jack of all trades and licensed professionals. If you have some good contacts please go to our website and post a comment saying their contact information and what their skill is. Ideally it would be good also if you could add a statement that says good price or quality work, licensed or unlicensed, a little rough around the edges or whatever so people have an idea of what kind of person it is.

There is always a market for a good handyman who's semi skilled in a number of trades with fair prices so if you've got some you don't have on full time please list them. Please list some of the skills they have as well.

Just hit the button "post comment" to leave a good contact.

***And if anyone knows of a good plumber please contact Mike Huard at mike.huard@yahoo.com. He needs one NOW. ***

Best Regards,

Dallas.
540.293.2335


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carlcrenshaw
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Hi Everyone,

We had an informative meeting last week about catastrophic damage such as fire and floods and the little clauses that insurance companies slip into that big pile of paperwork they send you that no one reads. Interesting information and very useful to help in determining the depth of your coverage.

Heidi Simpson and John Lusher of Consolidated Construction Services came to talk and are experts in helping you work your way through these types of claims. They will give you a highly detailed estimate of repairs for free that you can use to determine if what your insurance company is offering you is fair. They offer a turn key service or could do a portion of the job and your guys can do the rest. They essentially said no job is too small.

Contact Info:
Heidi - heidi@ccsroa.com - 537-3485
John - john@ccsroa.com - 314-7145

We have a fantastic meeting coming up this Tuesday. Tom Carr and Dan Webb will be our special guest speakers. They are coming to talk about code enforcement in Roanoke City. This will be somewhat of a group involvement meeting as to where Tom and Dan will discuss the issues that they have and we will talk about the issues we have.

Hopefully from the meeting we will be on the path to the development of a solid plan of action that will help fight Roanoke's number one problem, neighborhood blight. We should identify what is causing it and focus efforts to end it.

Among other topics we will also discuss the most common underlying reason for tenant initiated violations and will share some of our Code Enforcement Committee's ideas on streamlining these violations that will save the city and tax payers a significant amount of money each year.

This is a great opportunity to voice your opinions about various code related issues in the city while keeping it friendly because we are not trying to put anyone on the defensive. Just to lay it all out on the table so we can work through it together and make some good resolutions that will be a win win for all.
Come join us for this great meeting at El Rodeo, 4017 Williamson Rd. Roanoke VA. The meeting is from 6:30pm - 8:00pm.
Bring your family and friends,
Dallas.
540.293.2335
www.reiofroanoke.com

Northern Virginia Real Estate - Shenandoah Valley Real Estate
Winchester VA Real Estate Deals

powered by ShenandoahConnection.com
and WebPromotion.com

"What sets Mark and his ShenandoahConnection.com Network apart from other so called SEO providers is the following combination: Despite asking a real low price for his services, he simply delivers. With Mark you are guaranteed to get traffic to your website. So, why should someone hire Mark? 1) results - guaranteed to get traffic to your website 2) price 3) he keeps delivering I happily and full of confidence am introducing (or already have) Mark to all my clients. This is how business ought to be. Go Mark!" - Rene Hollebrandse Actioncoach



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carlcrenshaw
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Last week city councilman Court Rosin was unable to attend because he felt like he was coming down with the flu. I talked with him the following day and we're setting up another time to talk in January. 

This Tuesday our special guest speaker will be John Lusher of Consolidated Construction Services. John will be talking about responding to a disaster, more specifically a fire, and why you need to respond quickly from a restoration standpoint. 

I would be interested in getting ideas on how to motivate your insurance company to respond quickly to a disaster.  As many of you know, one of my houses was the victim of a repeat arsonist months ago. And the insurance company is still investigating the fires therefore will not pay. I had some people out there with a moisture meeter a few weeks ago and everything was still wet and the damage was continuing to spread even though it felt dry to the touch.

Just last week they had an attorney contact me requesting that I do a couple days worth of work. They want proof that I own the house, all mortgage history, all utility bills, leases, all proof of rent payments, contents inventory, every bank, mortgage company, financial institution, brokerage house and insurance company I have used since 2007 and the names, account numbers, addresses and phone numbers of all including ones that no longer exist. Every debt, credit card, financial obligation I have had individually or jointly since 2007 and the names, account numbers, addresses and phone numbers of all including ones that no longer exist. All state and federal income tax returns since 2006, cell phone records for September and October and a copy of the fire reports for the 2 fires and the police reports for the 2 fires. 

I definitely agree that they should cover all bases and do a complete investigation as I would do the same. But it is now becoming crystal clear that they are dragging their feet in a big way because this investigation of me should have taken place the week after the last fire. Not months later. 

I'm looking forward to hearing from John at our meeting about exactly what damage I should look for when the insurance company stalls like this because the condition of repair now is quite a bit more than the condition of repair when they did their appraisal months ago. And I will need to be armed with information from a professional so I can write them a good factual letter of ongoing damage, line of credit payments, loss of rent, etc that may help them put a little more time into their investigation so we can wrap this up. 

Tuesday the 23rd, El Rodeo, 4017 Williamson Rd, Roanoke, VA. 6:30pm - 8:00pm
Bring your friends,
Dallas.
540.293.2335


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carlcrenshaw
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Hi Everyone,

Fun meeting we had last week. Lots of lively interaction. If you would like to contact our good buddy Kevin Smith his email is ksmith@mail.roanoke.edu. 

More fun stuff scheduled for next week as well. City Councilman Court Rosen is going to come and talk with us about topics such as the political process, how things get done, how citizens participate, how we can improve the city by working with him to change and develop policy, the process of developing policy, how he sees as the best route to develop a contingency to bring issues to council, how we can use his help to solve problems and what his agenda is for the upcoming months. 

It's going to be another good meeting.

Tuesday the 16th, El Rodeo, 4017 Williamson Rd, Roanoke, VA. 6:30pm - 8:00pm


Later Gator,


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carlcrenshaw
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A guy one of our member knows has about 80 new counter tops.  Some 27" some 36" wide.  Some 8 ft and some 12 ft long.  They are the bar or island type with no back splash.  He wants to get rid of them so someone might get a good deal.
Call Roger at 793-5941

I use these types of counter tops that I get from Habitat when the have them and they are great. Rip it with a table saw to the width you need if you're using it for a kitchen counter and put a 1X4 with some decorative molding on the top as a backsplash. 


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carlcrenshaw
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Hi Everyone,

Good information last week on the Fair Housing Laws. I was happy to hear that there were only 35 fair housing cases last year considering that over 40% of Roanoke are rentals. I'm sure that most of them were not intentional. Those that were intentional are unacceptable but with the laws ever expanding definition it's pretty hard to abide to these days. It's pretty easy to accidently not show one potential tenant the pool and show it to another. Looks like Roanoke is doing really well though. 

We have a fantastic meeting this coming Tuesday! Our REI Member and good buddy Kevin Smith will cover some various topics that affect real estate professionals. 

Kevin's going to talk about:
1. The Rule of 100
2. The Importance of Lost Money
3. Risk and Reward
4. The Social Security Penalty Tax
5. 1031 Like-Kind Exchange

It's going to be a good meeting.

Tuesday the 9th, El Rodeo, 4017 Williamson Rd, Roanoke, VA. 6:30pm - 8:00pm


Be there or be square,


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carlcrenshaw
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Wow, what a great meeting we had last week for those who are interested in doing some big deals and getting the state to finance it with no personal guarantee on the loan and tax credits that will pay back for up to 50% of your construction costs. Combine that with a bridge loan to get her kicked off or a request to the city to sell municipal bonds to fund the deal like many projects are done such as the Ukrops build and some of Walkers deals and you've got a real winner. 
Yes, it's complicated but all you have to do is jump in with both feet and everything will work itself out. Get the right people on your team and make your offer to the seller is contingent on program acceptability and bridge loan funding........ and no escrow until that point. 
It was nice of Cliff Millirons and Costa Canavos to come out and talk with us and tell us about this great program. And Costa is the guy who will walk you through the process if you need help. If you'd like to contact Cliff about the single family programs or Costa about the multifamily and mixed use programs shoot them an email at Cliff.Millirons@VHDA.com or Costa.Canavos@VHDA.com . 
The upcoming meeting will be a special meeting for Roanoke area landlords. You don't want to miss this meeting. I'm serious.  Don't miss it, I promise you'll be sorry if you do. 
That's all for now.....
Contact all of your landlord friends and make sure they come!  Go ahead and call them right now.  It's very important that they come!
Tuesday the 26th, El Rodeo, 4017 Williamson Rd, Roanoke, VA. 6:30pm - 8:00pm
Dallas.
540.293.2335


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carl crenshaw
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Hi Everyone,

Last week we had a bunch of new people and our moderated group discussion was primarily based around beginner 101 topics.

We've got a great meeting scheduled for this Tuesday. Money guys always seem to draw a large crowd.
Our special guest speaker will be Cliff Millirons and Costa Canavos. Cliff and Costa work for the Virginia Housing Development Authority.

They will have a two-fold presentation: They will discuss their Single-Family Homeownership Programs; That is, the programs' basic guidelines, loan terms/interest rates etc. and how potential applicants can make application for their loans (i.e.- their local Roanoke area participating lenders).

And, on the Multi-Family side, they will discuss their Multi-Family Program loan products in general and give a brief up-date on some of the exciting downtown Roanoke projects financed through VHDA's mixed-use/mixed income financing programs. That's the kind of financing I'm looking for. I need to start getting involved with some big multifamily deals rather than the pettily stuff I'm messing around with now.
Tuesday the 19th, El Rodeo, 4017 Williamson Rd, Roanoke, VA. 6:30pm - 8:00pm

Be there or be square,
Dallas.

540.293.2335


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carlcrenshaw
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Real Estate Investors of Roanoke VA
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Wow, what a turnout at last weeks meeting. A record breaking 54 people. Not too shabby for a weekly get together. Our last group that large was with our commercial property expert friend Ray Alcorn.
 
Andy and Spanky did a fantastic job covering the bases on what to do when things go bad with tenants and what you can do to collect your judgement afterwards.
 
We've got another fun meeting planned for this coming Tuesday evening.
 
A few months ago we had my favorite real estate lawyer, Laura Wright, talk about Land Trusts from the standpoint where they can help you with anonymity on public records, lien protection, etc.
 
Tuesday attorney Stephen H. Kennedy, Jr. will be talking about land trusts from a financial planning standpoint. Land Trusts are used by those who are wise to decrease the tax burden on your children when you die.
 
There is lots of talk about the Obama Administrations desire to ensure that the Death Tax that Bush phased out will be completely reinstated. The Death Tax is an inheritance tax. In many cases when your children inherit your property or business through a "Will" they will have to sell it just to be able to pay the government. Inheriting it through a "Trust" allows them to minimize estate taxes.
 
Tuesday the 5th, El Rodeo, 4017 Williamson Rd, Roanoke, VA. 6:30pm - 8:00pm
 
Bring your friends,
 
P.S. Ed at ProSource Wholesale Floorcoverings asked me to give you this message:
 
Hey Dallas
We have a sale on carpet pad until Tuesday the 5th or while supplies last.
6 pound pad $49 for 30 square yard roll
8 pound pad $59 for 30 square yard roll
Must be paid for and taken out of our warehouse.
If anyone is interested call me at 366-7737
Thank You
Ed Sparrow


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carlcrenshaw
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To Carl Crenshaw
From:Dallas Powell (dallasjr@powmarcom.com) clear.gif
Sent:Tue 8/31/10 10:25 AM
To:Carl Crenshaw (carlcrenshaw@hotmail.com)
 
Hi Everyone,
 
We had a thought provoking conversation with Chris Perkins, the acting Chief of Police during our last meeting.  Chris appeared to support traffic cameras and crime cameras placed in high crime / low income neighborhoods. One encouraging thing Chris said is that he rejected the idea someone gave him that landlords should be criminally prosecuted for the behavior of their tenants. Chris realizes that landlords hands are tied in many ways and that they always help the police in any way they can when there is a problem. And that he will be supporting some legislation that will allow easier removal of people who are not on the lease but are unlawfully shacking up in the property.
 
I have not been able to find this piece of legislation. If anyone does please let me know so I can contact my state representatives to make sure they support it as well. It's important to be on the front end of these bills rather than on the back end when it has already passed.
 
A couple of crime phone numbers Chris Perkins left with us are:
 
Drug Related - 853-2711 (leave message)
 
853-2211 - Ask for the CRO or Community Resource Officer
Tonight's special guest speaker will be Linda Balentine, the president of Crowning Touch. Linda will talking about their moving and consignment services. If you buy a house or have a tenant that leaves a bunch of stuff, you can bring these items to Crowning Touch and they will sell them or auction them for you. The profit is split 50/50.


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carl crenshaw
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RE: Roanoke VA Real Estate Investors Meet Up
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To Carl Crenshaw
From:Dallas Powell (dallasjr@powmarcom.com) clear.gif
Sent:Thu 8/19/10 9:59 AM
To:Carl Crenshaw (carlcrenshaw@hotmail.com)
Hi Everyone,

Lots of fun last week and good conversation afterwards!  Dan, Tim and I typically hang out in the bar afterwards until 11:00 or so when they kick us out or are sleeping in their cars : - )  Lots of good information from Brian Casella of Balzer and Associates, Inc. I could see myself needing his services in the future. Very confusing with all of these things that the local and state government forces you to do. When you need his help give him a call or email at 540-772-9580 or bcasella@balzer.cc

Next Tuesday's special guest speaker will be Chris Perkins. Chris is presently the acting Chief of Police. Any of you that are wanted may want to steer clear of this next meeting. If I don't see you there I will have to assume that you are wanted ; - )   71 people total applied for the job as the Roanoke City Police Chief but the word on the street is that Chris has been doing a great job and will make a good Chief. Chris is going to come and talk with us about areas of concern and where the police have been focusing their efforts. 

Roanoke has had a significant jump in crime over the past years. In 2007 Roanoke was listed as the 2nd most dangerous place to live in Virginia just behind Richmond. In 2008 it was ranked as the 5th worst city in Virginia. These accusations lead to the police department pointing fingers at various agencies within the judicial system but this is not the issue as far as I am concerned. 

I'm not a proponent of locking up more and more people in the United States. According to the U.S. Bereau of Justice Statistics, in 2008 over 7.3 million people were on probation, in jail or prision or on parole at year end. That is 3.2% of all U.S. adult residents or 1 in every 31 adults. And we're just talking about 1 year!. The United States has the highest recorded documented incarceration rate in the world. 

When determining the underlying issues one must understand that there is a correlation between ignorance and violent crime. Why is there so much crime in Roanoke? How is our education system? Well, Roanoke has historically had a graduation rate in the 50% range and has only recently been able to move it up into the 60% range. Compare that to Roanoke Counties graduation rate in the 90% range. This mass ignorance and dumbing down of the population leads to higher violent crime rates. Lots of little wannabe gang banger punks on the street who can't get any "street credibility" unless they have been locked up a few times. 

I see the solution as being simple but it will take time. Continuing to be aggressive with crime is essential but the underlying ignorance issues need to be addressed to solve the problem which will require cracking a whip on the educational system and being willing to quickly terminate all teachers who can't make the grade and their superiors who don't have the management skills to make it happen. 

Take a look here for 2006 data related to crime in Roanoke. We beat the national average on the total overall crime index, murders, rapes, robberies, aggravated assaults, burglaries, and theft. The only place where we shine are motor vehicle thefts which are lower than the national average. The one of all of these crimes that takes a small degree of skill. I guess the lack of education has it's benefits in some areas. 



Come on by this Tuesday the 24th, El Rodeo, 4017 Williamson Rd, Roanoke, VA. 6:30pm - 8:00pm


Be there or be square : - )



Dallas.
540.293.2335


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carl crenshaw
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Real Estate Investors of Roanoke VA
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Hi Everyone,

Lots of good information last week from Lynn Gardner of Homeland Auctions. As I recall she said they have a free list available of all of the auction companies around. It would be nice to be on ALL of the auctioneers mailing lists so we're up to date on everything sold in the Roanoke area. I'm probably already on most of them but there may be a few I'm missing. If anyone gets this list from Lynn please email a copy to me so I can send it out to the group. If you need Lynn's number for this or you are thinking about auctioning a property, Lynn's number is 703-338-4922.

Our special guest speaker this Tuesday will be Brian Casella. Brian is the vice president of Balzer and Associates, Inc. Brian is going to talk about some of the things their company does including land use planning & zoning, geotechnical engineering, environmental & soil studies, land surveying, site development engineering, residential land development, and structural engineering. 
 
I'm especially interested in the land use planning & zoning of which they say they have the local relationships and knowledge of the political processes necessary to obtain approval for rezoning, variances, conditional use permits, special exceptions and similar public land use processes. 

I wonder if they can get "special exception" approval for the big trailer park I want to build in Roanoke City : - )  That would be pushing it... huh???

Tuesday the 10th, El Rodeo, 4017 Williamson Rd, Roanoke, VA. 6:30pm - 8:00pm
Bring a friend!

Dallas.
540.293.2335


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carl crenshaw
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Good meeting last week with Billy Basham and Kenny Lang, responsible for the cities waste removal. It was clear that they don't have the ability to manage their day to day operations and that we need to talk with the city manager regarding these issues. We should plan some time on discussing as a group specifically what changes we would like to see and start taking the needed steps to do so.
If you need to contact them here is their information:

Tomorrows special guest speaker will be Bob Clement. Bob is the Neighborhood Services Coordinator. He acts as a liaison between the neighborhood associations and the city so he knows everything that is going on. I asked Bob if he could give us some insider information on what are the up and coming neighborhoods for investment purposes.

It is my opinion that it takes years for neighborhood blight to change but can be done relatively quickly with the right support. That change must come from heavy use of the police force, involved neighborhood groups that will not tolerate crime, code enforcement (picking on everyone, not just landlords), immediate judicial sale of property with unpaid taxes, city tax payer money spent on connections to good parts of the city so people will feel safe about spreading into the area, and help from the judicial system for landlords who want immediate eviction of tenants who have violated the law or are getting the police called on them regularly without the ability to rehear the case, contest the case and extensive time involved in the removal of the person and their belongings.
The city spending on connections with good areas is a good long term plan but the spread of new people into the area will take a very long time. Convincing enough good landlords that won't rent to those with evictions or a criminal background to buy up the property is a quick fix and the solution to neighborhood blight. I'm not so sure the city understands this because all they hear are complaints about landlords from the higher income areas. However, there is a necessary transitional stage involved in changing a neighborhood and step one in a quick path to doing so is getting quality landlords in the area.  This immediate revamping of the neighborhood will quickly make the neighborhood a safe place for good homeowners to purchase property. As property values rise, flippers will move in. Down the road many landlords will cash in and move on to the next up and coming neighborhood.

But in order for this to happen, the city has to make the first step in the development of an investor friendly program including, neighborhood regentrification, extensive tax rebate programs, relaxed regulations and a change of attitude towards investors who are spending 10's of thousands of dollars rehabbing property and increasing the tax value of all property on the block, and the development of a solid plan of action to virtually eliminate violent crime, prostitution and drugs in the area.

Great stuff.......  There are some interesting things going on in Roanoke right now and I'm looking forward to getting some insight from Bob.
Tuesday the 27th, El Rodeo, 4017 Williamson Rd, Roanoke, VA. 6:30pm - 8:00pm

Roanoke Business Directory


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carl crenshaw
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Hi Everyone,
Wow, that was a fantastic meeting last week. I had so many people tell me how much fun they had. Ray is not only a good speaker that knows his stuff but a real nice guy as well. Here is a link to the forum that he hosts on commercial investing. www.creonline.com/commercial-real-estate/wwwboard5/
 
And we're moving towards another fun meeting next week. Our special guest speaker will be Skip Decker. Skip is the head of Roanoke City's waste and bulk trash pickup. He's going to talk about a number of topics pertaining to trash, recycling, how to get free dumpsters and the present rules the city has on bulk pickup pertaining to brush and your evictions or moving tenants.
 
I'm sure many of us have some issues of concern regarding the cities waste removal and this will be a good opportunity to ask some questions and form a small committee as we did with the water authority to work with Skip on resolving these issues. Lets voice our opinions but keep our comments relatively tame in the upcoming meeting so Skip doesn't feel defensive as if he jumped in a tank of sharks.
 
Tuesday the 20th, El Rodeo, 4017 Williamson Rd, Roanoke, VA. 6:30pm - 8:00pm
 
Bring your family and friends!
 
Dallas.
540.293.2335


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