Introducing the Northern Utah Real Estate Investors Association

I've written in the past about real estate clubs and how they are a great way to network with other real estate investors. I'd like to announce a new club that will focus on helping real estate investors who live in, or invest in, Northern Utah including Davis, Weber, Box Elder, and Cache Counties.

The focus for the club (known as NUREIA) will be:

• Providing education and resources that will help real estate investors make more money
• Create opportunities for real estate investors to network amongst themselves
• Give value to the club's members and sponsors well in excess of dues, meeting fees, or sponsorship costs

Our meetings are on the first Thursday of every month starting on September 2, 2010.

They meetings are held at the Ogden Golf and Country Club located at 4197 S. Washington Boulevard in Ogden, UT. There is a $15 fee for attending to cover the cost of the room. Beverages and snacks will be served and are included in the admission fee.

Any questions? Give me a call at 801.510.3566 and I'll tell you more!

Real Estate Bubbles- American Style

Thank you, Uncle Sam (a.k.a. President Obama) for giving an incentive to millions of home buyers to purchase homes and receive government tax credits to do so. The response has been incredible. Sales of homes are up 10%, 20%, or even 22% over last year.

Can we look forward to a decline in volume this month? What about pricing- up or down?

Thanks Uncle Sam for the exciting real estate roller coaster ride!

Real Estate Projects with Clear Day Capital

Clear Day Capital has always said that we create opportunities for real estate investors. Yet until a week ago we acted only as a hard money lender. Borrow money? OK, but make sure it's paid back in time because there are big penalties if you don't

Along Come the Projects

A week ago we did our first "project" with an experienced investors who purchases, fixes and resells single family homes in northern Utah. He gets:

• ALL OF THE CAPITAL he needs to purchase and repair the house- no money out of pocket
• LOWER INTEREST RATE to cover our cost of money
• MORE TIME to complete the project
• NO EXTENSION FEES if the project runs long
• FREE CONSULTING on the project- he especially needs curb appeal help

What's in it for Clear Day Capital? We get a piece of the project. Instead of points, we split the profit from the project. Why do we do it? We believe in the project and we believe that we will make more money. We take the time risk with the origination fee.

Since the First Project

Since last week we closed another three projects, similar to the first. One is a rehab, one is a refinance of a completed project, and the last is our first commercial project.

Do You Have a Project that Needs Financing?

If you do, call us at 801.747.7267 and we can talk about a traditional loan or about doing a project together. Either way, we enjoy creating opportunities for real estate investors.