REAPS Members Free
Guests: $15 online, $20 at the door
Our Kitsap Meals N Deals is held monthly on the first Wednesday and is open to the public. This event is FREE for members and $15 for guests. Registration is required to attend. Dinner is optional, but we designed these meetings so you can come hungry and network with a smaller group of members who live in your community! Doors open at 6:00pm for networking, meeting begins at 6:30pm.
If you have never attended one of our events, then just register online and use promo code "guest" to attend your first meeting for free. If you don't register online then please plan to pay $20 at the door when you arrive.
The Anatomy of Building a Portfolio Tied Directly to the Real Estate Business Cycle
Sure, you can make good money by wholesaling and rehabbing houses, but true “forever wealth” is built by accumulating cash flowing rentals and HOLDING THEM!
At the next REAPS Kitsap meeting, we have the pleasure to welcome Rick Hanley, who owns over 250 rental units in his portfolio, including over 100 units in Bremerton! He will be sharing some of his 25+ years of knowledge with the group, including:
1. Re positioning inefficient revenue streams to maximize "Cash Flow".
2. Velocity of Money
3. A detailed review of Rick’s best recent transactions in Bremerton
This will be a fantastic meeting and one that you definitely don’t want to miss! Be sure to pre-register right now and I look forward to seeing you there!
About our Speaker
Rick Hanley has 25+ years of Real Estate investment experience, including 10+ years as a Commercial Realtor selling apartment buildings. He currently owns 250+ rental units (mostly small apartment buildings) in Washington state. His portfolio is comprised of 120+ units in eastern Washington, Bremerton 100+ units and University Place 30 units. Investment strategy is to Buy, Rehab, Rent, Refinance and Repeat with a long-term hold objective.
Retired from Boeing in 2014, he was a Senior Financial Analyst.
About Our Moderator...
Mike Sumsky is a long-time REAPS member, REAPS Board member and MC of the REAPS Kitsap satellite group. He is a full-time real estate investor and owner of Washington Home Solutions, based out of Bremerton, WA. Mike specializes in creative deal structuring, raising private money, wholesaling, land lording and lease options. When Mike is not flipping houses, he enjoys spending time with his wife and daughter, rooting for the Seahawks, enjoying the outdoors, golfing and wine tasting.
REAPS Members Free
Guests: $15 online, $20 at the door
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