Real Estate Investment Fund Launch

Here is the link to the latest press release announcing the formation of our new real estate investment fund, REI Capital, LLC:

 http://www.prlog.org/12012413-announcing-new-real-estate-investment-fund.pdf

Check it out! And be sure to register at our website at www.reicapitalusa.com for lots of free information on passive investing in single family and multifamily properties!

Living in Wallingford / Fremont

Living in Wallingford/Fremont

This vivacious neighborhood is a quaint sought-after area of Seattle with rich history and activities. The district of Wallingford/Fremont area extends from Greenlake’s south border to the water’s edge at Gasworks Parks, and runs between I-5 and Ballard on Lake Union. This North Seattle neighborhood plays host to a variety of popular parks, attractions, festivals, and so much more. Wallingford/Fremont attractions include: the Woodland Park Zoo, The Troll under the Fremont Bridge, Gasworks Park, Burke-Gilman bike trail, several parks, and public art pieces.

                For families looking for a place in this urban spot, there are amenities for the whole family available within walking distance. Wallingford offers a variety of schools, including a newly-opened university. This community has several groups that boost support among residents, sustainable living efforts, food banks, and other family support services. Fremont and Wallingford both host a large variety of festivals and events for the whole family from Harvest Fest, outdoor movies, and Seafair to art walks and the Family 4^th of July celebration at Gasworks Park. Parks are found throughout this area, with a large community of bicyclists and outdoor enthusiasts.

                Nightlife in this community is also abundant with restaurants, pubs, galleries, public art spaces, beer/wine/scotch festivals, and even nights for the walking dead! Fremont has become an urban hot spot for hip Seattleites looking for good drinks, good atmosphere, and a variety of exciting sights from a statue of Lenin and a Soviet rocket to painted cyclists to zombies. With a walk score in these neighborhoods from 85-90, you can guarantee you’ll find what you want within minutes of wherever you are!

                Living here provides sustenance for the soul and community with food banks, community projects, public spaces for entertainment and outdoor activities, Seattle’s oldest outdoor farmers market, arts, shopping, and other focused services for the local population. Both Wallingford and Fremont have very active community blogs and event information available online; the wealth of information can be overwhelming! Wallingford/Fremont area is across Lake Union and just minutes from downtown, approximately 10 miles to the airport and most residents claim a 15-25 minute commute time to work.

                This neighborhood is in high demand because of its beauty, accessibility, and community atmosphere. In fact, Fremont’s welcome sign says The Center of the Universe, a hub of excitement and creativity on the north side of Seattle.

Wallingford/Fremont is a happening place where singles and families alike can come together to enjoy the events, convenience of its amenities, and variety of homes. The average rental prices for this area range from $900-1200, with the median home selling for just over $500k, lower than the city of Seattle’s average. Being close to both Lake Washington and Green Lake, housing prices can fluctuate depending on what style and location you prefer, from condos/townhomes to waterfront homes, this neighborhood has what you’re looking for. For a complete list of available residential properties for sale in the Wallingford/Fremont neighborhoods of Seattle, please visit www.NSeattleDeals.comor call our 24/7 information hotline at 888-621-4999.

Announcing: New Real Estate Investment Fund

Washington real estate investors Bob Malecki and Wendy Ceccherelli announce the formation of REI Capital, a $5 million real estate investment fund designed to capitalize on opportunities within the distressed real estate market locally and nationally. REI Capital was founded to leverage investment opportunities through the acquisition of value-investments that produce positive cash flow and/or a substantial equity upside. 

REI Capital’s team of industry experts offer a diverse array of expertise within the real estate sector. Co-founder Bob Malecki is experienced in acquisition, rehabilitation, lease, finance, and resale of residential and commercial real estate. He has established power teams in Memphis, Oklahoma City and the greater Seattle area to facilitate creative strategies to acquire real estate at below market rates for disposition of those properties for significant gains. Bob has also been involved in commercial advertising and marketing. 

Co-founder Wendy Ceccherelli  is a full-time real estate investor and designated broker with Home Land Investment Properties, Inc. She is a published author on real estate investing, experienced in both residential and commercial real estate transactions and property management, and serves as volunteer membership coordinator for the Real Estate Association of Puget Sound. Previously she spent over 25 years as an executive in both private and government sectors, distributing almost $15 million in funding. 

REI Capital is advised by Jillian Sidoti, a securities attorney who specializes in transactional legal matters, and also spends time speaking at real estate seminars on raising capital for investment projects. She currently teaches Finance and Accounting for the BS and MBA programs at University of Redlands. 

The principals are key advisors in the Puget Sound area, providing educational and strategic advice to real estate investors. They are frequent speakers and guest lecturers on distressed real estate investing at professional symposiums. 

 REI Capital is dedicated to expanding investor knowledge and market returns, especially during this economic downturn.  REI Capital will be hosting an upcoming series of real estate trainings to explain why real estate investing makes financial sense in today’s market, and to introduce the new company.

Visit www.reicapitalusa.com for more information and contact details.

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THIS IS NOT AN OFFER TO SELL SECURITIES. ANY PERSON, ENTITY, OR ORGANIZATION MUST FIRST BE QUALIFIED BY REI CAPTIAL LLC AND READ ALL OF THE OFFERING DOCUMENTS AND ATTEST TO READING AND FULLY UNDERSTANDING SUCH DOCUMENTS. REI CAPITAL LLC AND ITS AFFILIATES ARE NOT LICENSED SECURITIES DEALERS OR BROKERS AND AS SUCH, DO NOT HOLD THEMSELVES TO BE. THIS COMMUNICATION SHOULD BE CONSTRUED AS INFORMATIONAL AND NOT AS AN ADVERTISEMENT SOLICITING FOR ANY PARTICULAR PURPOSE. ALL SECURITIES HEREIN DISCUSSED HAVE NOT BEEN REGISTERED OR APPROVED BY ANY SECURITIES REGULATORY AGENCY IN ACCORDANCE WITH THE SECURITIES ACT OF 1933 OR ANY STATE SECURITIES LAWS.

 

Furnished Room for Rent in Leschi / Madrona

Ballard Room Rental Available November 1

Living in GreenLake/Phinney Ridge

Greenlake/Phinney Ridge is a popular neighborhood for outdoor enthusiasts as one of the city’s most beloved parks is housed here. Not far from residential areas are the Woodland Park Zoo, Green Lake, restaurants, recreational sports fields and a golf course. This active community highlights the natural beauty and bustling resources of the Pacific Northwest. 

Greenlake’s neighborhood boundaries extend from Aurora and 85^th to just south of the lake for which it is named. The Phinney Ridge area separates Greenlake from Ballard/Fremont area and borders Woodland Park. Over 60,000 people inhabit this area and have discovered the benefits from living, working and playing in this  convenient Seattle hub.

                Greenlake’s community consists of a large mix of family and single households. The median household expenditures run below average to average for the Seattle area, with a median income of $60K for these residents. The housing market is healthy with the average home selling for around $430K, while home and apartment rentals average from $600-$1200. 

Those who live around this area have incorporated their active lifestyle into modes of transportation to/from work and other activities. Some of these include by bus, bike, running, skating, and easy walking distance to local services. Downtown is within a few miles; the airport is within 10 miles and accessible by car, shuttle, or light rail. Most commute times from this community are under 30 minutes, and such convenience attracts residents who seek more urban opportunities.

                For families, this community offers a handful of schools that include public, private, alternative, and bilingual options. Amenities including the parks, lake, community centers, and libraries which offer close services for a variety of interests. The Green Lake library is one of the busiest in the Seattle public library system.

 Those looking for nightlife and services don’t have to look far in this neighborhood. The Greenlake/Phinney areas host a large array of restaurants, bars, stores, and services. Shops include Mexican, Mediterranean, American, Chinese, and Italian restaurants, bike/skating/boat rentals and sales, country bar, live theater, community centers, and community groups.

This neighborhood continues to expand in population and popularity, no doubt thanks to the services and events found in this unique north Seattle community. Some of these events like the Milk Carton Derby, pet costume contests, luminaries, dances, adventure/charity runs, and more provide entertainment for the whole family throughout the seasons!

Green Lake/Phinney Ridge businesses are thriving and popular restaurants serve delectable food that is lauded by food editors and customers alike. Homes in this neighborhood are in high demand, and Green Lake/Woodland Parks are possibly the most popular parks in the State of Washington. 

Every day people from all parts of the city and county come to enjoy the lake, the three-mile path around the lake, and its many activities available year-round. 

For a complete list of available homes for sale in this area, please visit www.NSeattleDeals.comor contact Wendy Ceccherelli at HomeLandInvestment@gmail.comor 425-270-7292.

My Private Money Plan

I attended a workshop this weekend conducted in Seattle by SEC Attorney Jillian Sidoti entitled “My Private Money Plan.” My REI Capital business partner Bob Malecki and I hired Ms. Sidoti to prepare the Private Placement Memorandum (PPM) recently for our $5 million capital investment fund.

There were roughly a dozen other participants who attended this workshop, all from the greater Seattle area. Most were experienced real estate investors seeking ways to expand their investment opportunities by raising private money. One of the advantages of attending a workshop like this is to meet other like-minded investors.

Jillian Sidoti spent the first day of the workshop helping participants focus on the specifics of their business plan, beginning with their own bios or introductions. People are willing to give money to those they trust and respect. So having a solid understanding one’s strengths, vulnerabilities, and accomplishments are key to establishing credibility. This simple bio statement will be included in the investor’s PPM, website, credibility kit, marketing materials, and elevator speeches.

Ms. Sidoti also stressed the need to be as specific as possible about the types of real estate investments that one intends to seek for investment. These can – and should – be as unique to the particular investor as possible. It provides a compelling reason for someone to want to invest their own personal funds, along with the specific rate of return they might expect from that investment.

She also provided a great deal of information about how to comply with state and federal regulations regarding the sale of securities.  Private money investment in a real estate transaction is considered a security. There are severe penalties for not following the rules on soliciting private money investment.

The second day of the workshop was presented by Chris Yates of CM Yates Capital. He is a successful real estate investor from California who has handled approximately 500 real estate transactions, and became a client of Ms. Sidoti when he held over 100 single family homes with 100 separate investors. He has automated the process of finding private money lenders, and participants at this workshop will be the first to utilize the new training program he has created. I am really looking forward to this, and the timing for this could not be better for me in terms of launching our new real estate investment fund.

Mr. Yates gave great examples and tips on how to build massive credibility within a short period of time. These tips included writing a review of a seminar or workshop, which I am doing right here. Other tips include preparing your bio and website, joining trade organizations, such as the Real Estate Association of Puget Sound (REAPS) or the Northwest Multiple Listing Service. You may also write your own seminar or webinar, write articles such as my series in the REAPS monthly magazine, and contact local media. Such activities help establish an investor’s credibility as an expert in their particular industry niche.

Mr. Yates shared a great deal of information on deals he has done recently, multiple ways to finance real estate investments using private money, and a general philosophy on what he called “impact investing,” which boiled down to investing with the intention of making a difference in your community.

Overall, an excellent two-day workshop with some valuable training, tools, and networking opportunities.