Top 10 Mistakes Made In Real Estate Investing
with Susan Vitello
Don't miss this opportunity!
Susan focuses her practice on real estate law, estate planning, and business/corporate law, and also provides general counsel to her business clients. While these areas may not seem to have anything in common, Susan will point out that they all tie in together. A business owner, who owns real property that houses his business, needs an estate plan so his business and his real estate are transferred to the heirs and beneficiaries he chooses with the least amount of taxes being paid and loss to the business. An individual who invests in real estate should be incorporated and have an estate plan to protect his assets. If you own a business, you will need an attorney to help you with everything from incorporating and reviewing and drafting contracts to staying compliant with federal, state and local statutes and ordinances, so you don’t violate business or employment law. If you own investment property, you will need an attorney who is well versed in landlord tenant law so you don’t violate federal, state or local laws which could end up costing you thousands in fines and penalties.
Because Susan was a Real Estate Broker and has invested in various forms of real property for almost four decades, individuals began asking her to represent them in real estate matters, including real estate closings, evictions, leasing issues, landlord tenant law, zoning issues and anything else related to real estate. Susan represents many homeowner associations in several areas such as amendments to declarations, by-laws and rules and regulations, rule enforcement, collections, directions to board of directors, assessment collections, special assessment procedure, running the association meetings, and many other issues associated with managing a homeowner’s association.
Estate planning is the area that ties it all together for Susan. With a passion to see her clients not lose the assets they worked so hard to accumulate, she began counseling her clients on the importance of having their estate in order, including a succession plan to pass the business along, pass the real estate investments to their heirs and beneficiaries, and to make sure their assets were protected from attachment by creditors.
To register for this event, go to: https://www.careia.org/event-3688049
See you there!
A Member's & Non-Member's Event
Whether you own 200 units or have no real estate experience, 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/).
Structured Networking (A) at 6:30 - 7 p.m.
Registration opens at 6:45 - 7:30 p.m.
Doors open | Open Library | Refreshments | Open Networking at 7:00 - 7:20 p.m.
Meeting Updates and Introductions at 7:20 - 7:30 p.m.
Speaker Presentation at 7:35 - 9 p.m.
Speaker Q & A at 9 - 9:15 p.m.
Close out at 9:15 -9:20 p.m.
Open Networking | New Memberships | Open Library at 9:20 - 10 p.m.
Event Ends at 10 p.m.
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.
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: email@example.com