Meetings

Dan has a pretty incredible story.  He was an employee until 2009 when he made the switch and started working to build passive income through real estate.  Ten years later and he is to the point where, we had to book him quickly before he takes a leave of absence for a year.  

Dan has experience flipping, buy and hold, syndication and more.  In addition to sharing his story (which should motivate and encourage you), he will be talking to our group about: 

1. How to develop a clear plan for success in creating passive income through real estate, and
2. How to get started with innovative deal structures when you don't have $50,000 for a down payment

If you have taken action to join and participate in this club, you have made a conscious decision that you want to improve your financial future.  Do you have a clear game plan on how you want to do that?  Have you written it down?  The New Year is always a good time to develop (or update) your plan.  At our next meeting we will mastermind the planning process.  I want to have a group discussion on methods, tricks, tips you all have found useful in developing and implementing a plan.  To focus discussion I am going to break it down into the following categories where we will talk through these one at a time:
 

• Find Clarity on Where You Are
• Define Your Bigger Purpose
• Set Goals
• Develop Action Plan
• Monitor and Review
• Books, Systems, Resources

(Photo by https://thefitpharmacist.com.au/ is licensed under Creative Commons)

No agenda just network and informal discussion.

I keep promising a game night. Come play Cashflow; a game designed by Robert Kiyosaki in order to learn investing while you play.  There are successful millionaires that continue to play this game.  Come join us for some fun and game (and education).  

We will hear from David Sewell, founder of Agronostros; which has two main efforts: coffee farms in Panama and cocao farms in Belize.  If you are a coffee junkie or a chocolate junkie, you know the demand for these farm products is not going away.  Hear about how to invest in this area, and the additional benefits of off-shore investing.  

We will spend some time in general discussion.  Let's talk about recent deals, successes, learning opportunities, challenges, issues.  Bring your burning questions about investing and we will tackle them as a group.  After some large group discussion, depending on the size and desires of the group, we will either:

Option 1: break out into small groups and present / discuss the following 

• What is your Why
• What is your one-year and five-year plan for building wealth
• What is your personal investment philosophy

Option 2: Cashflow game; I will bring my game board, please let me know if you have a game and can bring.  

Ryan Pettitt with Prosperity Aid will share his experience and knowledge about investing internationally.  In addition, Ryan will present us with details about a current project in Ambergris Caye, Belize which is an idyllic resort property with Hilton affiliation.  Check out Prosperity Aid’s website and Facebook page to learn more about his company with a mission to provide financial education for real estate investors and turnkey investment opportunities for passive income.  

Join us for a great time with food, fellowship and friendly connection as we celebrate Summer together! We're happy to thank Mike & Brenda Baker for offering to host the meeting at their house which is a bit off the beaten path and a great excuse to pull away from town for the evening. Delighted for you to join us! We'll bring the protein, i.e. meat/ veggie options for grilling and we ask for each member or guest to provide a potluck dish or desert. Please bring serving utensils to compliment your dish and feel free to bring beverages of your choice. PLEASE RSVP as we will need a head count, address provided with RSVP. Looking forward to time together at next month's meeting, Monday, August 6th. See YOU all then :)

Rory is working on a flip in Three Forks.  We will meet there and get a live look at his project in action.  If anyone wants to meet at 19th rest area or Belgrade Albertson's and carpool let Pat know.  We will start meeting at 6pm, but will do informal visiting until about 6:30 before starting tour to give people enough time to drive after work.  

Originally a 1970’s split level home, Rory bought from distressed sellers in late March (he heard about it through our club!), he immediately starting remodeling and hopes to have listed early July.  Property sits on 11 acres near the Headwaters Park entrance, includes a 30x50 shop with 2 irrigation ditches running through the property with water rights - perfect horse property and plenty of space to build a barn.  We built two custom kitchens in my shop (Mortise + Tenon Woodworks) along with some other details throughout the house.

This house was unique because the sellers were in the process of remodeling themselves, so they had sealed off the upstairs, installed a temporary kitchen downstairs so they could live downstairs, while they gutted the upstairs.  Because the kitchen was plumbed/wired already, he decided to redo, but keep the idea of a downstairs kitchen as there are separate entrances to each level.  They are installing a pocket door that locks between floors so future buyers could potentially rent the downstairs or AirBNB for extra income, which is a selling point to highlight when the property is shown.  Instead of AirBNB, the buyer could simply have semi-private guest quarters.

*****Dan Christiaens, sorry we had a glitch in website, you were not supposed to be able to comment here, when you did it made this meeting announcement unavailable to anyone.  I think I have fixed it, so this won’t happen again.   At least for now, comments should be turned off.  Please send a private message through the contact us link, provide your email and I will let you know where tonight’s meeting is.*****

Join us to hear from Paul and Erin Bottomley and tour their project, the new Green Meadow Subdivision.  

Paul has worked for 30 years in the pharmaceutical industry, mainly in specialist distribution/clinical trials and recently migrated into new developments with Permafrost Coolers and in real estate.

Erin is an English major and taught at High School level before becoming a mother and re-entering the workplace with Barnes & Noble and more recently at Bozeman Health. Erin also has a new venture with World Organic Cosmetics and in real estate.

They have built and fixed up houses most of their married life and in 2017 decided to make the real ‘leap’ of buying property with a home, a rental, and the potential for a small subdivision (8 x 5 acre parcels, and a second ‘phase’ if desired).

It’s been quite the learning experience in dealing with hard money lender, government bureaucracy, the weather, and ground works. Come along to the next Investor Club Meeting and we’ll walk you through it – pitfalls and all!