U.S. Bankruptcy Law:

This has been republished by "Ralph Marcus Maupin Jr." "Mark Maupin" from Bloomberg News On how The US Bankruptcy Law has Backfire on Lenders, Banks and Mortgage Companies:
U.S. Bankruptcy Law:
Revisions Backfire on Banks
By Kathleen M. Howley Bloomberg News
Published: November 9, 2007



BOSTON: Washington Mutual got what it wanted in 2005: A revised bankruptcy code that no longer let people walk away from credit card bills.

The company, the largest U.S. savings and loan, did not count on a housing recession. The new bankruptcy laws are helping drive foreclosures to a record level as homeowners default on mortgages and struggle to pay credit card debts that might have been wiped out under the old code, said Jay Westbrook, a professor of business law at the University of Texas Law School.

"Be careful what you wish for," Westbrook said. "They wanted to make sure that people kept paying their credit cards, and what they're getting is more foreclosures."

Washington Mutual, Bank of America, JPMorgan Chase and Citigroup spent $25 million in 2004 and 2005 lobbying for a legislative agenda that included changes in bankruptcy laws to protect credit card profits, according to the Center for Responsive Politics, a nonpartisan
Washington group that tracks political donations.

The banks are still paying for that decision. The surge in foreclosures has cut the value of securities backed by mortgages and led to more than $40 billion in write-downs for U.S. financial institutions. It also reached to the top echelons of the financial services industry.

The Citigroup chief executive, Charles Prince 3rd, stepped down this week after the company, the biggest U.S. bank by assets, said it might have $11 billion of write-downs on top of more than $6 billion in the third quarter.

E. Stanley O'Neal was ousted as chief executive of Merrill Lynch, the world's largest brokerage firm, after an $8.4 billion write-down. Morgan Stanley said Thursday that subprime losses would cut its earnings by $2.5 billion in the fourth quarter. It said it lost $3.7 billion in the two months through Oct. 31 as prices for securities linked with home loans to risky borrowers sank further than traders expected.

Even as losses have mounted, banks have seen their credit card businesses improve. The amount of money owed on U.S. credit cards with payments more than 30 days late fell to $7.04 billion in the second quarter from $8.37 billion two years earlier, according to data compiled by Federal Deposit Insurance Corp. In the same period, the dollar volume of repossessed homes owned by insured banks doubled to $4.2 billion, the agency said. New foreclosures rose to a record level in the second quarter, led by defaults in subprime adjustable-rate mortgages, said the Mortgage Bankers Association in Washington.

People are putting their credit card payments ahead of their mortgages, said Richard Fairbank, chief executive of Capital One Financial, the largest independent U.S. credit card issuer. Of customers who are at least three months late on their mortgage payments, 70 percent are current on their credit cards, he said. "What we conclude is that people are saying, 'Honey, let the house go,' " but keep the cards, Fairbank said Monday at a conference in New York sponsored by Lehman Brothers.

The new bankruptcy law makes it harder for debtors to qualify for Chapter 7, the section that erases non-mortgage debt. It shifted people who get paychecks higher than the median income for their area to Chapter 13, giving them as much as five years to pay off nonhousing creditors.

The court-ordered payment plans fail to account for subprime loans with adjustable rates that can reset as often as every six months, said Henry Sommer, president of the National Association of Consumer Bankruptcy Attorneys. Two-thirds of debtors will not be able to complete their payback plans, according to the Center for Responsible Lending.

"We have people walking away from homes because they can't afford them, even post bankruptcy," Sommer said. "Their mortgage rates are resetting at levels that are completely unaffordable, and there's nothing the bankruptcy process can do for them as it now stands."
Four million subprime borrowers with limited or tainted credit histories will see their mortgage bills increase by an average 40 percent in the next 18 months, according to the National Association of Consumer Advocates in Washington. About 1.45 million of those will end up in foreclosure by the end of 2008, said Mark Zandi, chief economist at Moody's Economy.com .

Lenders began the process of seizing properties on 0.65 percent of U.S. mortgages in the second quarter, the highest level in the 35 years of Mortgage Bankers Association records.
Personal bankruptcies rose 48 percent to 391,105 in the first half of 2007 from a year earlier and Chapter 13 filings accounted for more than one-third of those, according to the American Bankruptcy Institute. In the first half of 2005, they were just 24 percent of the total.

Bad mortgages lowered Washington Mutual's profit by 75 percent in the third quarter from a year earlier, the company, based in Seattle, reported Oct. 17. But income from credit card interest rose 8.8 percent to $689 million.

Washington Mutual shares tumbled the most in 20 years Wednesday after the New York State attorney general, Andrew Cuomo, said that the company had pressured real estate appraisers to assign inflated values to properties.

Citigroup's earnings fell 57 percent in the third quarter on mortgage losses. Bank of America stopped so-called warehouse lending to mortgage brokers after its profit declined 32 percent in the period.

JPMorgan reported profit growth of 2.3 percent in the quarter, the smallest increase in more than two years, after reducing the value of leveraged loans and collateralized debt obligations, investment packages of mortgages, by $1.64 billion.

A Washington Mutual spokeswoman, Libby Hutchinson, a JPMorgan spokesman, Thomas Kelly, and a Bank of America spokesman, Terry Francisco, declined to comment on the bankruptcy law.

"The law had an unintended consequence of taking away a relief valve that mortgage borrowers used to have," said Rod Dubitsky, head of asset-backed research for Credit Suisse. "It's bad for the mortgage borrowers and bad for subprime investors because it means more losses."

The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 was the biggest overhaul to the code in more than a quarter of a century. The previous law, adopted in 1978, loosened requirements for debt forgiveness.

Financial companies began a coordinated lobbying campaign for revising the law in 1998 when the American Financial Services Association, a trade group representing credit card companies, joined the American Bankers Association to form the National Consumer Bankruptcy Coalition.

Campaign contributions from the coalition and its members totaled more than $8.2 million during the 2004 election that gave President George W. Bush his second term in office.

The group, later renamed the Coalition for Responsible Bankruptcy Laws, has since disbanded. Its members included Washington Mutual, JPMorgan, Bank of America, Citigroup, MasterCard, and Morgan Stanley.

What Does Real Estate And Cash Currency Trading Have In Common?

Roy Frank, a real estate broker and stock broker for over 20 years had investors on the edge of their seats at W3C's MonthlyReal Estate Roundtable. He explained what the income gap is and ways to fill it. People that attended the WCCC event werealso there to learn about a new currency trading system that he uses to trade in the foreign exchange market. It is gettingoff the chart results for him. Come and meet Roy at the November Mega Evening Event. He will have a resource table and can show you how his program works or answer any of yourreal estate investor questions.Date: November 15th, 2007Location: Laurel Manor, 39000 Schoolcraft Rd, Livonia, MI 48150 Time: 6pm to 9pm For more information, visit http://www.MegaEveningEvent.com

Investors Club of Michigan Brings Wide Range of Investment Experts to Michigan's Fasting Growing Club

Currency Trading, Stock Trading, Real Estate Wholesaling, Rental Coaching, Painting Expert, And National Real Estate Investing Speaker Title Company Expert, All Part Of Mega Evening Event!

Roy Frank, a real estate broker and stock broker for over 20 years had investors on the edge of their seats last Thursday evening at Wayne County Community College. He explained what the income gap is and ways to fill it. People that attended the WCCC event were also there to learn about a new currency trading system that he uses to trade in the foreign exchange market. It is getting off the chart results for him. If you want to see him -- come to the mega evening event -- he will have a resource table and can show how his program works or answer any of your real estate investor questions—

Ralph Marcus Maupin (Mark) co-founder of Real Estate Investing Club said "We have great line up local experts and great talent. Our club has one hour of networking and going to resource tables at our meeting from 6 pm to 7pm. This meeting we have small business expert, painting contractor expert, section 8 housing expert, title company expert, business lines of credit expert, stock trading expert and currency trading expert. This is all followed by what new in investing in Michigan followed by Our National speaker on Making Money in real estate investing in our market."

Roy Frank is active wholesaler of investment real estate. He has also for years been real estate consultant to charities on donations of real estate.

Get your questions answered at Roy Franks Table on:

1. What is Cash Currency Trading and how does it work?

2. What do you need to know to trade stocks in today's market?

3. What is Real Estate Wholesaling? How do I as investor take advantage of It.?

4. What are laws and rules in Donating Real Estate?

5. What is the Tax Advantages of Donating real estate?

National Real Estate Investors Meeting In Livonia, Michigan

Date: November 15, 2007
Time: 6:00 pm to 9:00 pm
Location: Laurel Manor
Address: 39000 Schoolcraft, Livonia
'
http://www.MegaEveningEvent.com

Areas Cover by Club:

Oakland County --Addison Township, Auburn Hills, Berkley, Beverly Hills, Bingham Farms, Birmingham, Bloomfield Township, Clawson, Commerce Township, Farmington, Farmington Hills, Ferndale, Franklin, Hazel Park, Highland Township, Holly, Holly Township, Huntington Woods, Independence Township, Keego Harbor, Lathrup Village, Lyon Township, Madison Heights, Milford, Milford Township, Northville, Novi, Oak Park, Oakland Township, Orchard Lake, Orion Township, Oxford Township, Pleasant Ridge, Pontiac, Rochester, Rochester Hills, Royal Oak, Southfield, South Lyon, Troy, Walled Lake, Waterford Township, West Bloomfield Township, White Lake Township, Wixom Wayne County --Belleville, Brownstown Township, Canton Township, Dearborn, Dearborn Heights, Grosse Ile Township, Grosse Pointe Shores, Grosse Pointe Woods, Hamtramck, Inkster, Livonia, Northville Township, Plymouth, Redford Township, Riverview, Romulus, Taylor, Trenton, Wayne, Westland, Wyandotte.

Washtenaw County:
Ann Arbor, Bridgewater, Chelsea, Dexter, Manchester, Salem, Saline, Superior Township, Whitmore Lake, Whittaker, Willis, and Ypsilanti National Real Estate Network (NREN) is a premier Real Estate Investors Club in Michigan. Also known as Michigan REIA; NREN meets on 3rd Thursdays each month at Laurel Manor in Livonia, Michigan. NREN brings Investors and Professional in Michigan market together. NREN invites National and Local speakers each month and they provide excellent education to their members. NREN has grown to 300 Members strong and still growing. You can get more information at http://www.MegaEveningEvent.com . Contact Urvi Mehta 248-762-0800 info@MegaEveningEvent.com

Why You Think You Stink At Real Estate in Michigan And What To Do About It.

How To Best Utilize Those Around You So You Can All Profit Financially And Spiritually.



This month message is important to all in Michigan who own or who things of owning real estate. This subject is so important to people of Michigan, The National Real Estate Network, a local real estate investing guide Club has open it's doors to public.

Ralph Marcus (Mark) Maupin, Jr. co-founder of National Real Estate Network, said "Adam King will be our speaker for November and will have knock out, in your face, reality check presentation for you! This will be a seminar you will not want to miss! Why? Just look what is covered! You haven't seen a speaker cover the "investor's perception" like this before!"

Topics Covered:
§ Why you think you stink at real estate and what to do about it.
§ How to forecast your abilities in exchange for services to perform deals!
§ What it's like to be on the financing side of a deal and what bankers look for.
§ What it's like to structure and negotiate offers when you're broke!
§ How to best utilize those around you so you can all profit financially and spiritually.
§ How to leverage alternative financing with no money and no credit.
§ How to locate investors to bring you leads by showing them the secrets of the 5 Questions to Success System, while offering them a service they cannot refuse!
§ What it's like to have someone take the pressure off and analyze your deals for you.
§ Why you can't and won't do it on your own. And why that's okay!
§ The greatest secret is having the exit strategy first! Learn how to walk into a deal KNOWING a check is coming BEFORE even making the offer!
§ How to leverage amazingly simple systems around you in order take advantage of the foreclosure and rental market.
§ And much more!
§
These two events will come with a tremendous amount of information and very creative ideas you have heard nowhere else. But most importantly, Adam will show you a different "perception" of creative real estate directly from the eyes of someone experienced everything from no money/no credit, to becoming the bank.

Join us November 15th and 17th Check out events at http://www.megaeveningevent.com

Areas serviced by National Real Estate Network:

Oakland County --Addison Township, Auburn Hills, Berkley, Beverly Hills, Bingham Farms, Birmingham, Bloomfield Township, Clawson, Commerce Township, Farmington, Farmington Hills, Ferndale, Franklin, Hazel Park, Highland Township, Holly, Holly Township, Huntington Woods, Independence Township, Keego Harbor, Lathrup Village, Lyon Township, Madison Heights, Milford, Milford Township, Northville, Novi, Oak Park, Oakland Township, Orchard Lake, Orion Township, Oxford Township, Pleasant Ridge, Pontiac, Rochester, Rochester Hills, Royal Oak, Southfield, South Lyon, Troy, Walled Lake, Waterford Township, West Bloomfield Township, White Lake Township, Wixom Wayne County --Belleville, Brownstown Township, Canton Township, Dearborn, Dearborn Heights, Grosse Ile Township, Grosse Pointe Shores, Grosse Pointe Woods, Hamtramck, Inkster, Livonia, Northville Township, Plymouth, Redford Township, Riverview, Romulus, Taylor, Trenton, Wayne, Westland, Wyandotte.

Washtenaw County:
Ann Arbor, Bridgewater, Chelsea, Dexter, Manchester, Salem, Saline, Superior Township, Whitmore Lake, Whittaker, Willis, and Ypsilanti
National Real Estate Network (NREN) is a premier Real Estate Investors Club in Michigan. Also known as Michigan REIA; NREN meets on 3rd Thursdays each month at Laurel Manor in Livonia, Michigan. NREN brings Investors and Professional in Michigan market together. NREN invites National and Local speakers each month and they provide excellent education to their members. NREN has grown to 300 Members strong and still growing. You can get more information at http://www.MegaEveningEvent.com. Contact Urvi Mehta 248-762-0800 info@MegaEveningEvent.com

Where To Find Michigan Real Estate Investing Information And Location of Rental Housing Associations, Real Estate Clubs, Networks, REIA, Real Estate I

"FREE Real Estate Forms, Buyer Favorable PA, Lease Option Forms, Rental Lease Agreement and 60 Others... Enter Your Name and Email Address on Http://Www.Megaeveningevent.Com and Get New Form Weekly"( EMAILWIRE.COM, November 04, 2007 ) Livonia, MI -- National Real Estate Network LLC Now has made it easy for investors to find Real Estate Clubs in their market. Simply go to the http://www.megaeveningevent.com home page and you will find a link to over 1057 clubs throughout the United States. Now for the die hard investors you can go vacation and visit clubs right in that city. You can also go to the National Real Estate Network LLC website and get a list of all the real estate terms and definitions you don't know. Now when some says short sale, FSBO, REO, BPO, comps, and forbearance agreement, you can go to http://www.MegaEveningEvent.com and see what they are talking about. You can receive new real estate forms weekly by signing up on their home page. Ever week you get a new real estate for your library of forms. Real estate investment clubs provide tremendous resources and networking opportunities for beginning and experienced investors. National Real Estate Network, LLC provides a list of the Michigan Real Estate Investing Clubs, REIAs, Real Estate Investor Associations, and Real Estate Investing Associations. You will find information on the dates and times of meetings on the follow Michigan Investment Clubs: Real Estate Investors Association of Oakland Contact: Christine Telephone: (800) 747-6742 Fax Number: 877-263-9574 When: Thursdays, 5:30pm / 9:30pm Web Site: www.reiaofoakland.com Email: reiaofoakland@aol.com Kalamazoo Area Rental Housing Association Contact: Jackie Newenhuis Telephone: (616) 383-4664 When: 2nd Tuesday of each month 6:00pm Dinner, 7:00pm Meeting Where: Ryan's Restaurant, 7141 S. Westnedge Ave, Portage Genesee Landlord Association Contact: Mike Neurohr Telephone: (810) 767-3080 When: 2nd Monday of the month, 6:45pm pre-meeting Where: Walli's Center & I-69, Flint Web Site: www.geneseelandlordassoc.org DOLLARS Contact: Wendy Patton Telephone: (248) 394-0150 When: 3rd Thursday of the month, 6:30pm Where: Gazebo Resturant, Warren RE Investors Contact: Jerry Ballard Telephone: (517) 285-0788 When: 1st Wednesday of the month, 7:00pm Where: Best Western Midway Hotel, 7711 W. Saginaw, Lansing New Real Estate Investors Contact: Larry & Sharon Yelinek Telephone: (810) 231-8126 When: 2nd Tuesday of the month, 5:30pm pre-meeting, 7:00pm main meeting Where: DoubleTree Hotel, I-96 & Novi R. (across from 12 Oaks Mall), Novi Detroit Real Esate Investor Network Contact: Loray Owens Telephone: (313) 832-4211 When: Wednesdays, 6:30pm Where: Venue varies--call or email, Detroit/Tri-County Sellers/Buyers Club Contact: Patrice Telephone: (248) 470-6713 When: To be announced Where: To be announced, Southfield Michigan Real Estate Investors Contact: Wendy or Michael Telephone: (248) 394-0150 When: Contact for info. Where: Northfield Hilton, Troy Wayne County REI Club Contact: John Wang Telephone: (734) 981-6858 When: Last Thursday of each month, 6:30pm Where: Rotation, Canton-Plymouth Northerm Michigan Real Estate Investment Association Contact: Alex Misico Telephone: (231) 947-5437 for directions Fax Number: 231-947-5437 When: 1st Monday of each month, 5:30pm / Breakfast Meeting 3rd Saturday, 9:00am Where: Elks Club, 625 Bay St., Traverse City Email: amisico@voyager.net No. Members: 40 Guerilla Investors Army Contact: Kent Spencer Telephone: (313) 617-1198 When: Last Tuesday of every 2nd month, 6:00pm Where: Franklin & Southfield Western Michigan Property Investors Association (Rich Dad Club) Contact: Louie Gimbutis Telephone: (231) 726-4749 When: 3rd Wednesday of each month, 7:00pm Where: Perkins by Lakes Mall on Harvey St., Muskegon JC & D, LLC Real Estate Club (Detroit Chapter) Contact: J. Ivory Telephone: (313) 822-3247 When: 1st Saturday of each month, call to confirm 6:00pm Where: call for location, Detroit Dearborn Area Investments Contact: Mike Safiedine Telephone: (313) 475-3165 When: 1st Monday of each month, 7:00 Where: call for details, Dearborn The Wealth Builder Group Contact: Nora Ijalal Telephone: (248) 577-9100 When: Every 3rd Thursday of each month, 7:00pm to 8:30pm Where: Novi Sheraton Hotel, Madison Heights American Real Estate Investment Club Contact: James Melki Telephone: (810) 625-1104 When: Mondays, 9:00am Where: Sharps, Flint QuadLakes REIC Contact: Mr. Phoenix Stiles Telephone: Contact by email at QuadLakes@yahoo.com When: Call for info, varies Where: Varies, Detroit Real Estate Investors of Michigan Contact: Clay Powell Telephone: (800) 701-7762 Fax Number: 616-454-3385 When: 3rd Wednesday of each month (Excluding Jul., Aug., Dec., & Feb.), 6:00pm Where: The Prince Center (Calvin College Campus), 1800 E. Beltline, Grand Rapids Web Site: www.reiofmi.org Email: contactrei@reiofmi.org No. Members: 1,840 Tri City Investment Club Contact: Dale Abke Telephone: (989) 891-0930 When: To be determined Where: To be determined, Bay City WCRT Detroit "Success by Association" Contact: Jared Pomranky Telephone: (248) 506-8364 When: 1st Tuesday of each month, 6:30pm Where: La Casa Inn & Suites on 9 Mile just east of I-75, Hazel Park Southeast Michigan Real Estate Investor Association Contact: Craig Covert, Greg Maxwell Telephone: (313) 608-8008 or (313) 729-1826 When: 1st & 3rd Wednesdays of each month, 6:30pm networking, 7:00pm event Where: 39555 Orchard Hill Place Dr., Ste. 250, Novi National Real Estate Network Contact: Urvi Mehta Telephone: (248) 762-0800 Fax Number: 734-402-0279 When: 3rd Thursday of each month, 6:00pm to 9:00pm Where: Laurel Manor, 39000 Schoolcraft Rd, Livonia Email: mmaupin@donaterealestate.com No. Members: 350 REIA of Macomb Contact: Dylan Tanaka Telephone: (586) 203-8333 Fax Number: 586-816-0470 When: Last Thursday of each month, 7:00pm Where: The Concorde Georgian Inn, Roseville Email: info@REIAofMacomb.com No. Members: 75 Associated Landlords of Detroit Contact Person: Reggie Fluker Meeting Location: The HomeOffice Center,Call for Address, Oak Park, Michigan 48237 Meeting Time: 1st Monday Phone Number: 313-832-0523 Email: info@realestateinvestorsnetwork.com No. Members: 121 Lenawee Area Rental Housing Association Contact Person: Guy Cox Meeting Address: 4040 Monroe Road, Box 96, Tipton, Michigan 49287 Phone Number: 517-431-2041 My Real Estate Group Contact Person: Boyd Rudy Meeting Location: My Real Estate Store, 7779 N. Henry Ruff, Westland, Michigan 48185 Meeting Time: 4th Wednesday, 6:30 p.m. Phone Number: 248-388-1680 Fax Number: 734-464-3058 Email: team@teamsoldllc.com No. Members: 55 Real Estate Investors Association of Wayne County Contact Person: Wayde Koehler Meeting Address: P.O. Box 5341, Dearborn, Michigan 48128 Phone Number: 313-386-7228 Fax Number: 313-386-7600 Wealth Investor Network (WIN) Contact Person: Jill Shepard Meeting Location: Embassy Suites - Detroit-Livonia, 19525 Victor Parkway, Livonia, Michigan 48152 Phone Number: 810-714-5335 Fax Number: 810-714-2349 Web Site: www.CashFlowMI.com Email: sbscaryn@msn.com No. Members: 100 Windy City Round Table Contact Person: Jared Pomranky Meeting Location: La Casa Inn & Suites, 1 W 9 Mile Rd, Hazel Park, Michigan 48030 Meeting Time: 1st Tuesday, 7:00 p.m. Phone Number: 248-506-8364 Fax Number: 248-920-0824 Web Site: www.wcrtdetroit.com Email: jared.pomranky@wcrtdetroit.com No. Members: 30 National Real Estate Network, LLC services Oakland County, Wayne County, Livingston County, Washtenaw County, and Macomb County in Michigan. They are member of The National Real Estate Investors Association http://www.nationalreia.com National Real Estate LLC is often asked for and can provide you information on the following resources: Real Estate Association of Michigan, Michigan Real Estate Groups, Real Estate Investment Association of Michigan, REIA of Michigan, Real Estate Classes Michigan, Real Estate Investing Club Michigan, Landlord Club Michigan, Michigan Real Estate Mentoring Program, Michigan Real Estate Training Classes, Michigan Real Estate Seminars, Michigan Real Estate Schools, Michigan Real Estate Courses, Michigan Real Estate Network, Michigan Real Estate Conventions, Michigan Real Estate Boot Camps, Michigan Real Estate Forums, Michigan Real Estate Licensing, Michigan Real Estate Learning Center, and Michigan Learning Annex. Many times in real estate investing you hear words like forbearance agreement, short sale, fisbo, lease option, pre-foreclosure, foreclosure, the club has section to look up the meaning or any real estate term that someone does not know. Or if you need to look up the meaning of any of words or terms in this press release, wikipedia is great source http://en.wikipedia.org contact: Urvi Mehta 248-762-0800

Association for Rental Housing Michigan Web Site Has New Feature for Finding, National Real Estate Investing Clubs, Groups, Associations, REIA, Networ

REIA Of Michigan Offers Added Features On Web Site

Livonia, MI -- National Real Estate Network LLC Now has made it easy for investors to find Real Estate Clubs in their market. Simply go to the http://www.megaeveningevent.com home page and you will find a link to over 1057 clubs throughout the United States. Now for the die hard investors you can go vacation and visit clubs right in that city. You can also go to the National Real Estate Network LLC website and get a list of all the real estate terms and definitions you don't know. Now when some says short sale, FSBO, REO, BPO, comps, and forbearance agreement, you can go to www.megaeveningevent.com and see what they are talking about. National Real Estate Network LLC holds Real Estate Investing Club Meeting once a month on the third Thursday every month with new topic and many National Speakers. Meetings are free to first time guest. Clubs Agenda at each of meeting is: 6:00—Structured Networking 7:00—Update from Founders 7:30—Main Speaker Time of meetings is: 6:00pm to 9:00pm Location: Laurel Manor, 39000 Schoolcraft Rd, Livonia, MI 48150 Register NOW by calling 248-762-0800 http://www.megaeveningevent.com Every Event includes: Structured Networking: Use this time to network with a purpose. Meet our business vendors during this time and see if they can assist you with your needs. Power Networking: A fun way to hone your networking skills, meet other investors with a like interest, and be helped or help another. Contact: Mark Maupin Tel: 734-402-0180 Areas serviced by National Real Estate Network:

Oakland County --Addison Township, Auburn Hills, Berkley, Beverly Hills, Bingham Farms, Birmingham, Bloomfield Township, Clawson, Commerce Township, Farmington, Farmington Hills, Ferndale, Franklin, Hazel Park, Highland Township, Holly, Holly Township, Huntington Woods, Independence Township, Keego Harbor, Lathrup Village, Lyon Township, Madison Heights, Milford, Milford Township, Northville, Novi, Oak Park, Oakland Township, Orchard Lake, Orion Township, Oxford Township, Pleasant Ridge, Pontiac, Rochester, Rochester Hills, Royal Oak, Southfield, South Lyon, Troy, Walled Lake, Waterford Township, West Bloomfield Township, White Lake Township, Wixom Wayne County --Belleville, Brownstown Township, Canton Township, Dearborn, Dearborn Heights, Grosse Ile Township, Grosse Pointe Shores, Grosse Pointe Woods, Hamtramck, Inkster, Livonia, Northville Township, Plymouth, Redford Township, Riverview, Romulus, Taylor, Trenton, Wayne, Westland, Wyandotte.

Washtenaw County:
Ann Arbor, Bridgewater, Chelsea, Dexter, Manchester, Salem, Saline, Superior Township, Whitmore Lake, Whittaker, Willis, and Ypsilanti
National Real Estate Network (NREN) is a premier Real Estate Investors Club in Michigan. Also known as Michigan REIA; NREN meets on 3rd Thursdays each month at Laurel Manor in Livonia, Michigan. NREN brings Investors and Professional in Michigan market together. NREN invites National and Local speakers each month and they provide excellent education to their members. NREN has grown to 300 Members strong and still growing. You can get more information at http://www.MegaEveningEvent.com. Contact Urvi Mehta or Ralph Marcus Maupin, Jr.248-762-0800 info@MegaEveningEvent.com

Rental Housing Association of Wayne, Oakland, Washtenaw Macomb Counties, Michigan

Livonia, MI – Ralph Marcus Maupin, Jr. co-founder of Michigan's fastest growing real estate Club, and REIA of Michigan http://www.MegaEveningEvent.com address why Clubs are so important at college event. A REIA, Real Estate Investors Association, mission is to provide an entrepreneurial atmosphere for real estate investors and home buyers to learn, and network with new and experienced investors. A REIA and the Real Estate Investors Clubs have been formed for real estate entrepreneurs and professionals with a goal to bring like minded individuals together, to achieve greater real estate goals. REIA members come from many walks of life: first time buyers, new investors, licensed agents and mortgage brokers, commercial investors, attorneys, accounts, students, home buyers, home sellers, and first time landlords. Real Estate Investing Clubs meet regularly in most major cities. They hold there meetings usually on monthly basis in the evening. First time visitors and guest can usually come free to a first meeting. Membership is encouraged as these organizations are mostly funded through membership. New or seasoned investor does not matter; a membership in your local association is a priority. It is said it's never too late to learn something and that holds true when it comes to Real Estate Investing. REIA meetings are full of valuable real estate investing information. Learn from those who have been in the "investor land mine fields". Having a place and a setting for putting your dream team together through the networking, which is priceless? Have you heard, "It's not who you are, but who you know that makes you successful?" The people you meet at these meeting will move you to a whole new level of results by cutting through the red tape of investing. You can not believe what you get in value from the membership investment. Having local experts at meetings who are doing what you want to do is priceless. Membership cost to most clubs range $100 to $200 dollars yearly. Many investors and home owners are stuck on where to find contactors, and other local resources. As a member, investors will benefit from meeting both new and seasoned investors. What great places where newer investors go to learn, partner and work for seasoned investors, finding them deals and getting paid while learning. That's right, they make money, learn the business without risking their own dollars or credit. Being Wholesaler of real estate is sometimes call being bird dog for the seasoned investors. Growing up I always heard the term "that dog don't hunt". This holds does not hold true in the real estate investing club business. Here the meaning is "this dog does hunt". The new investor will learn as they earn free from risk and pressure. They have the experienced investor along as their coach and mentor. At the monthly meetings there are resources tables where members and guest can bring their fliers and business cards. This is great way for networking. A chance to get knows each other and promotes different recourses like Investor Real Estate Agents, Investor's Mortgage Loan Officers, Hard Money Lenders, Real Estate Attorneys, And Real Estate Minded CPAs, Accountants, Property Managers, Contractors, Title Companies, and Wholesalers? Real Estate Business that supports the investors with products or services can network at their local REIA to meet potential customers. Like minded people working together can move mountains. REIAs and Real Estate Investor Clubs invite national and local speakers to teach their members new and innovative techniques that when applied, will bring success. A lot of National Speakers have investing courses, mentoring courses, boot camps and home study courses for sale to the attendees. The club leaders work on reviewing these course and reputations before inviting speakers to the events. Some of the REIAs provide free forms and forms disk for their members. It is always advised that members check with their own attorneys before using. What makes a Successful Real Estate Investor Association (REIA): • The Club Leaders or Owners invest in real estate in the market that club is located. Many of the most successful REIAs have expert real estate board members or owners. • REIA provide a good mix of local and national expert speakers • The Investing Club have an online presence – they provide resources and information their members can access – like forms, seminars, and up coming event calendar, list of real estate terms and what they mean • Club Meetings are held regularly (at least monthly). Many of most successful groups have more than one meeting a month – some of larger clubs will have 3-5 meeting a month with different topics • All Speakers give great value – they give more than promised • REIA Membership includes benefits – Free forms, access to recordings of local speakers • Opportunities to network with like minded people • Local REIA to be member National Associations for investor club to gain advise and coaching. How does home buyer find a Real estate investors association or groups in their area? Its easy do a Google search on any of following: REIA, Real Estate Investing Clubs, Real Estate Investment Association, REIAs, Real Estate Investing Classes, Real Estate Investing Groups, Landlord Club, Real Estate Mentoring Programs, Foreclosure Boot Camp, Real Estate Training Classes, Real Estate Seminars, Real Estate Schools, Real Estate Courses, Real Estate Investing Network, Real Estate Conventions, Real Estate Boot Camps, and Real Estate Forums. Using www.google.com as search for topic like how to find a boot camp or class on foreclosures in the state or city you are in works great. Ralph Marcus Maupin, Jr. Nick Name 'Mark' is one of founders of National Real Estate Network LLC. He teaches real estate investing for college. You will find many free resources such as: Free Real Estate Forms, Terms, Articles and Real Estate Clubs Locations at: http://MegaEveningEvent.com.

Areas serviced by National Real Estate Network:

Oakland County --Addison Township, Auburn Hills, Berkley, Beverly Hills, Bingham Farms, Birmingham, Bloomfield Township, Clawson, Commerce Township, Farmington, Farmington Hills, Ferndale, Franklin, Hazel Park, Highland Township, Holly, Holly Township, Huntington Woods, Independence Township, Keego Harbor, Lathrup Village, Lyon Township, Madison Heights, Milford, Milford Township, Northville, Novi, Oak Park, Oakland Township, Orchard Lake, Orion Township, Oxford Township, Pleasant Ridge, Pontiac, Rochester, Rochester Hills, Royal Oak, Southfield, South Lyon, Troy, Walled Lake, Waterford Township, West Bloomfield Township, White Lake Township, Wixom Wayne County --Belleville, Brownstown Township, Canton Township, Dearborn, Dearborn Heights, Grosse Ile Township, Grosse Pointe Shores, Grosse Pointe Woods, Hamtramck, Inkster, Livonia, Northville Township, Plymouth, Redford Township, Riverview, Romulus, Taylor, Trenton, Wayne, Westland, Wyandotte.

Washtenaw County:
Ann Arbor, Bridgewater, Chelsea, Dexter, Manchester, Salem, Saline, Superior Township, Whitmore Lake, Whittaker, Willis, and Ypsilanti

Real estate investing association, reia, your local real estate investing resources club
National Real Estate Network (NREN) is a premier Real Estate Investors Club in Michigan. Also known as Michigan REIA; NREN meets on 3rd Thursdays each month at Laurel Manor in Livonia, Michigan. NREN brings Investors and Professional in Michigan market together. NREN invites National and Local speakers each month and they provide excellent education to their members. NREN has grown to 300 Members strong and still growing. You can get more information at http://www.MegaEveningEvent.com. Contact Urvi Mehta 248-762-0800 info@MegaEveningEvent.com