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Summit Assets Group
305 Vineyard Town Center, #228
Morgan Hill, CA 95037

Turnkey Property Passive Income

Earn hassle-free dependable passive monthly income and capital appreciation from quality investment properties. We do all the work and you get all monthly cash flow.

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Private Lending Passive Income

Get the safety and high returns of real estate and dependable monthly passive income without being a landlord. We pay aggressive rates, secured by real estate. Short term loans average 1 year. Long term loans are up to 5 years.

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Wholesale Properties

For active real estate investors who want to buy below market value and then fix and flip or fix and hold. We find investment grade properties in high value markets.

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Karen

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Real Estate Radio Live: May 2016 – Tom Wilson With Lori Greymont & Eddie Speed

Successful real estate entrepreneur Tom K. Wilson of Wilson Investment Properties, host of Real Estate Radio Live, brings in Lori Greymont of Summit Assets Group and the Bay Area’s premier real estate investing organization SJREI – along with national notes expert Eddie Speed of NoteSchool – to discuss the incredible promise of notes investing today.

Speed started investing in notes in 1980; over the decades he has positioned himself as the nation’s go-to expert on notes investing.

By listening to this broadcast, you’ll learn:

  • Why you don’t want to miss Eddie Speed’s Bay Area seminars on May 12th and May 14th.
  • What exactly a note is….
  • How anyone can invest in notes – with the right step-by-step process!
  • Why buying performing notes can be very easy.
  • Why Eddie Speed’s company has DOUBLED the volume of notes his company is buying.
  • And much more!

Listen to Show

Eddie Speed at the SJREI Meeting – Thursday May 12th 7-9 PM

LEARN MORE

Live 1-Day Training With Eddie Speed – Saturday May 14th

SPECIAL Early Bird Pricing
Lori Greymont – CEO of SJREI & Summit Assets/ Publisher of REI Voice – holds a portfolio of seasoned, performing notes and has had personal success working with Eddie Speed in creating notes. SJREI is excited to bring Eddie Speed back to the community for another evening of notes education – this event sold out last year and we anticipate our May 12th meeting will be another sold-out event.

Speaker Bios

Eddie Speed Photo

Eddie Speed, Founder, NoteSchool

Since 1980, W. Eddie Speed has dedicated his professional life to the seller financing and non-performing note industry.

Over the years, he has introduced innovative ideas and strategies that have positively impacted the way the industry operates today.

Eddie founded NoteSchool, which is a highly recognized training company specialized in the teaching of buying both performing and nonperforming discounted mortgage notes.

He is the owner and president of Colonial Funding Group LLC, which acquires and brokers discounted real estate secured notes. In addition, he is also a principal in a family of Private Equity funds that acquires bulk portfolios of notes.

He has been a leader and innovator in the Note Business for over 30 years. He will tell you that those 30 plus years have prepared him for the incredible opportunities of this current real estate market…

Lori Greymont Photo

Lori Greymont, Founder, SJREI & Summit Assets Group

Lori founded Summit in 2009 in light of the REO opportunity and has grown the business into a vibrant turnkey purveyor of dependable passive income investments.
Lori is the owner and visionary of one of the country’s leading real estate communities, SJREI Association, and publisher of REI Voice Magazine. SJREI is noted for winning the highly prestigious “National REIA Annual Award for Excellence” in 2011 for best overall Real Estate Investors Association, and for receiving numerous Honors of Merit awards. REI Voice Magazine received the 2011 Honor of Merit Award for Printed Communications.

Lori has over 25 years of real estate and entrepreneurial experience. She grew up in the family environment of real estate investing and has been buying and selling real estate personally since 1987. Her experience includes various strategies such as fix-and-flip strategies, land banking, land to vertical development, rezoning, multifamily, single family sales, syndication, creating and buying notes. She also has vast experience buying, selling, and managing properties nationwide.

Lori graduated Cum Laude from Moorhead State University with a Bachelor of Science in Accounting and minor in Computer Science.

By |May 6th, 2016|Real Estate 360 radio show|2 Comments

Do You Need To Flip To Make Serious Money In RE?

Can passive real estate investing provide first class retirement income or do you need to get down and dirty and actively beat the streets to find undervalued deals, put on your tool belt and rehab them, and then find buyers or tenants?

The proliferation of do-it-yourself real estate investing shows has promoted the idea that you need to actively take part in every aspect of a real estate investment property to make serious money. Well, that might be a good approach for some, but for various reasons most people would prefer to be an investor, defined as “someone who commits capital in order to gain financial returns.” There’s nothing in that definition about doing flips or rehabs month after month to generate income.

Flipping vs Passive RE Investing PhotoIt’s also important to note the distinction between being rich and being wealthy. We define being financially wealthy as having the ability to choose what to do each and every day without worrying and stressing about income and how to pay the bills. If you have a steady, reliable stream of passive income then you have the freedom to spend each day as you choose and that is true wealth.

Now, if you have a high paying job, with plenty of income from that job, do you see how you can be rich but not necessarily wealthy? We define being rich as having money today, but having to actively produce that income. If you stop going to your job or running your business, your income stops.

At Summit Assets Group, we like to focus on building wealth by developing a plan for helping you grow passive income so you can stop doing the things you have to do to create monthly income and instead spend your time doing the things you love to do.

Now back to real estate investing. You can be an active real estate investor (aka flipper) and find properties, talk to buyers, inspect properties, negotiate deals, hire contractors to do the rehabbing, find buyers, find and interview tenants, etc. But as soon as you finish one deal you need to be looking for the next deal or the income vanishes.

On the flip side, you can buy turn-key investment properties and leave all of the heavy lifting and decision making to a reputable and experienced company who will do it all for you. By using passive investment properties in your portfolio, you create the freedom to choose which activities are most important in your life, will having financial security and peace of mind. Whether you’re out on the golf course, going to the beach, or enjoying lunch with friends, the passive income continues to flow regardless of your daily activities.

We don’t have anything against the active real estate investor approach of fixing and flipping. In fact, we have high quality training and coaching for real estate investors who want to actively do their own deals.

But we want to set the record straight for those who have heard that long-term rental properties and passive cash flow is for suckers and that real investors looking for the big bucks have to actively flip properties. You also have to look at whether you wan to be rich or wealthy, and how you want to spend your days.

Happy Investing!

PS – Need more info?  Want to develop a plan for your financial freedom?   Call us at 888-298-0652 and one of our investment counselors can help you create your own custom wealth blueprint.

 

By |September 6th, 2012|Uncategorized|0 Comments