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Join us for an insightful and candid session with Dwayne Denzinger, a first-time flipper who will share his journey into the world of house flipping. In his talk, titled First Adventures in Flipping, Dwayne will walk us through his very first flip, offering valuable lessons for both aspiring and experienced flippers.
Finding the Deal: Dwayne will recount how he discovered his first deal—a distressed property that caught his eye with its potential. He'll share the process he went through to assess the property, identify its potential value, and determine whether it was the right opportunity for his first flip.
Funding the Deal: Securing funding is one of the most challenging aspects of flipping, especially for beginners. Dwayne will delve into how he financed this project, including the options he considered and the approach he ultimately took. His story will provide practical insights into creative financing and how to secure the capital needed for a successful flip.
Navigating the Remodel: Every flip comes with its own set of challenges, and Dwayne's experience was no different. He'll discuss the unexpected issues that arose during the remodel—from contractor delays to unforeseen problems—and how he navigated these obstacles. His honesty about the ups and downs of the process will resonate with anyone who's taken on a renovation project.
Learning from Mistakes: Dwayne believes that mistakes are some of the best teachers. He'll openly share what went wrong during his first flip, from budgeting errors to misjudgments in the renovation scope. By highlighting these missteps, Dwayne hopes to help others avoid similar pitfalls in their own flipping endeavors.
Final Results: Despite the challenges, Dwayne's first flip was a success. He'll reveal the final outcome, including the financial gains, the lessons learned, and how this initial experience shaped his approach to future projects. Attendees will leave with a deeper understanding of the realities of house flipping and the knowledge to make their own ventures more successful.
Don’t miss this opportunity to learn from Dwayne Denzinger’s First Adventures in Flipping. Whether you’re just starting out or looking to refine your flipping strategy, Dwayne’s story will provide you with actionable insights and inspiration to take on your next project with confidence.
Anyone who has an interest in real estate investing is invited to attend our General Meeting. Each month a different speaker will share information on topics relating to the many aspects of investing in real estate and being a landlord. Our General Meetings provide a great opportunity to network with experienced real estate investors from all over the Chicago land area. We also have an extensive real estate library for our members to use. The General Meeting is held on the 2nd Monday of each month.
Want to learn more about CAREIA & Real Estate Investing? Follow us on Facebook (https://www.facebook.com/ChicagoAreaREIA/).
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Structured Networking (A) at 6:45 - 7 p.m.
Registration opens at 6:45 - 7:30 p.m.
Doors open & Refreshments at 7:00 p.m.
Meeting Updates and Introductions at 7:00 - 7:05 p.m.
Wants & Needs Segment at 7:05 - 7:10 p.m.
Vendor Spotlight at 7:10 - 7:20 p.m.
Speaker Presentation at 7:20 - 8:00 p.m.
Speaker Q & A at 8:00 - 8:15 p.m.
Closing Announcements at 8:15 - 8:30 p.m.
Mentoring / Accountability Small Groups at 8:30 - 9:00 p.m.
Event Ends at 9 p.m.
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Cost: Admission is $15.00 for non-members. Free for members. No children under 15-years old allowed at this event. Cash, Check or Credit Cards accepted. You can always become a member of CAREIA for just $99.00 a yr.
New memberships can be accepted at this General Meeting. Cash, Check or Credit Cards accepted.
FYI: We're a Not For Profit. We Educate You; We Don't Sell You.
**Attention Vendors: No Product Literature or Business Cards are allowed at our General Meetings or Networking Nights.
***************Disclaimer***************
If you would like to reach our members in more ways than just networking and attending CAREIA sanctioned events, we have a great Vendor Membership program for you. Not only do you get to attend all of our meetings for free, but we will maximize your companies exposure by advertising extensively to our already large and growing membership base, show case you and your business at our general meetings, and, allow your company to sponsor workshops that can help our member's see what kind of value you bring to the table while building credibility for yourself. Please contact our Vendor Chairperson at our General Meeting or via E-mail for more information: vendors@careia.org
