Author: Tim Herriage

by Tim Herriage Tim Herriage No Comments

Ben Lotzer appointed Vice President

Investable Realty has promoted Benjamin M Lotzer to Vice President of Investor Relations. Ben was born and bred in Dallas. After attaining a degree in Economics and Finance at the University of Texas at Dallas he pursued a career in real estate. Starting out as a Mortgage Banker and private investor, he has helped hundreds of people with buying homes and teaching them how to become successful investors. He gained his real estate license in 2014. His wide range of experience with first time home buyers, property management, commercial and residential investment properties, along with a background in finance makes sure that you will be taken care of now and in the future.

He is currently promoting Investable Realty’s newest program to make sure that our investor partners are given full service listings while keeping their costs down to only 1% on the listing side of the transaction. This ensures that our partners are maximizing their profits while still having the benefits of professional photography, open houses, and having the property listed through the MLS. We will also notify our list of cash buyers if the property would be a good candidate for rehab or updates for them to flip. Contact Ben at 469-231-3338 or

by Tim Herriage Tim Herriage No Comments

Quick Close Loan in AZ, CO, TX, TN, and NC

Real Estate Investment Financing Program Overview

This quick close loan product is only available in Arizona, Colorado, North Carolina, Tennessee, and Texas.  We generally limit it to non-rural areas with a population of at least 20,000 people within the county where the property is located.  The interest rate on these loans is 12%.  The origination is as follows:

  • Arizona: $1,500
  • Colorado: 2%
  • North Carolina: 2%
  • Tennessee: 3%
  • Texas: 2%

Loan Type:  Fix & Flip, Buy & Hold, Rehab, Cash Out, Refinance, Construction, Transactional Funding, and Bridge Financing

Property Type:  Single Family Residential and Multi-Family (non-owner occupied); limited commercial

Loan Size:  $50,000 to $2,500,000

Loan-to-Value (LTV):  Up to 70% of after-repair value (ARV)

Loan-to-Cost (LTC):  Up to 90% of purchase price (rehab financing up to 100% available subject to borrower qualification)

Loan Term:  6 months with option to extend

Lien Position:  First position

Borrower Qualification:  No income requirements. No credit check. No minimum FICO scores.

Borrower Type:  Business / Entity

Prepayment:  No prepayment penalty

Closing Speed:  24 – 48 hours. Minimal paperwork*


  • Appraisal not required*
  • Credit score not required*
  • No “junk” fees*


*majority of loans

Jennifer, Lisa, and Patricia are our amazing representatives for our loan products.  You can fill out the form below, email,  or call 972-737-1850 today to speak to them.


by Tim Herriage Tim Herriage No Comments

The Power of 1031 Exchanges

This month, Lu Ann Blough will present “The Power of 1031 Exchanges – Multiply your dollars” as the June Continuing Education (CE) for Texas real estate agents.  Agents receive complimentary CE, but everyone can attend this session.  The course will cover: Identify those real estate transactions which are eligible for IRC 1031 consideration. List and understand the six (6) basic components. Identify the statutory requirements for a Qualified investment(QI). List and describe the specific functions and role of a QI. Recognize that 1031 Tax Deferred exchanges need to be a part of a client’s tax planning strategies. Taught by Lu Ann Blough with ERG. 1hr MCE. Course number: 30958


In this class you will learn how to:
1. Identify those real estate transactions which are eligible for IRC 1031 Exchanges.
2. List and understand the six basic requirements for a 1031 Exchange
3. Identify and understand what to look for when choosing a qualified Intermediary
4. Recognize that a 1031 Exchange should be part of an investor’s retirement planning strategy.

MORE ABOUT LU ANN:  Lu Ann Blough brings 20+ years experience in the title industry, reinsurance and real estate industries to the Exchange Resource Group team and acts as Regional Development Manager. She is the proud mother of three sons, Matt, Daniel and David. Matt currently works in the insurance industry, Daniel works for a commercial real estate company and David is currently attending Purdue University and plays quarterback for the Boilermakers. Lu Ann grew up in Deerfield, IL attending Deerfield High School. She spent her undergraduate years at Vanderbilt University in Nashville, TN where she received a Bachelor of Science in Psychology. She began her career working in London for a Lloyds of London Insurance Broker.

Lu Ann Blough || direct 972-863-1031 ||
Regional Development Director || Exchange Resource Group ||

MORE ABOUT ERG:  ERG is a nationwide qualified intermediary (QI) specializing exclusively in all types of 1031 tax deferred exchanges, including complex reverse, construction, and improvement Exchanges. The principals of the company have a combined 50+ years facilitating 1031 Exchanges.

1031 Exchange Services – Texas – Exchange Resource Group, LLC is a qualified intermediary (QI) handling all types of 1031 exchanges in Texas, including reverse, construction, and real property exchanges. We provide 24/7 support so you can ask us questions anytime.

We provide educational and transaction support to investors, buyers, sellers, CPAs, attorneys, brokers, real estate agents, banking and title professionals to ensure that clients are comfortable (and even excited!) using a 1031 exchange to defer paying taxes on even the most complex deals.

ERG Provides:

Document Preparation
Secure Holding of Funds
Timeline Tracking
Transaction Support
With 40 years of experience and 12,500+ transactions behind us, you’ll get expertise that saves closings and keeps deals from falling apart.

Our team prepares and reviews the documents necessary to complete your exchange and properly comply with current Section 1031 tax law offering you the protection and assurance you need to complete an exchange.

by Tim Herriage Tim Herriage No Comments

Flat fee, full service, Investor focused

In preparing for the Summer, the team at Investable Realty has decided to offer flat fee listings for a limited time.  Whether you are an investor or a homeowner, our team of licensed and trained real estate agents will list any home in the Dallas Fort Worth area for a flat fee of $995.  Although this is flat fee, I’ve made it clear to them it is not flat service!

So, whether it’s a personal residence, a completed flip property, an occupied rental, or a wholesale deal, you’ll receive the following for $995:

  • Detailed listing in MLS including room measurements and a thought out description
  • Professional pictures, not an iPhone
  • A real sign in the yard
  • Full contract negotiating assistance
  • Detailed opinions and analysis prior to listing
  • Showing support and documentation through CSS
  • No combos, only electronic keyboxes

Need help?  We have over 30 agents waiting to assist.  These are the same agents that sell my houses, and I’ve personally taken an interest in preparing them to be of service to you.

Fill out the form below, or call 214-919-4283.

by Tim Herriage Tim Herriage No Comments

Unsecured Lines of Credit – up to $150k

Here is a special message from one of our sponsors:


Do you need money for earnest money deposits or to get a rehab started? Get a line of credit of up to $150,000!  Imagine the buying power you’ll have with one of these credit lines!

Now is the time to get your line of credit

I can not stress enough the importance of readily available lines of credit when you are investing in real estate!

The guys over at Stonebridge Capital Group are extremely creative in getting individuals and small business owners approved for lines of credit. These credit lines are unsecured and give individuals and investors additional buying power.

When is the time to get a line of credit? Right Now! Do not wait until you need one… be ready to pick up that great deal the moment you find it!

Get Your Credit Line Now

Now is the time to get your line of credit

Stonebridge Capital Group ( provides access to:*

  • $10k – $150k in business or personal lines of credit
  • Instant Pre-Approval
  • 0% interest for up to 24 months
  • Get Your Lines of Credit in 7 to 14 Days!

Money for Small Businesses and Personal Lines of Credit

The biggest challenge start up businesses and individuals have is obtaining funding. Our program is second to none. We help businesses and individuals get up to $150k in unsecured cash credit lines all the time. If your FICO credit score is 650 or higher, we can probably get you funding.

Fast Process

Fill out the short questionnaire (on website) to get started. We just need some basic information from you and we can get to work in getting your line of credit. You can use as much or as little of your funds as needed.

Get Your Credit Line Now


Please, do not hesitate to ask us. You can call us at (480)626-1772. Our goal is to get you a line of credit. We only win when you win


by Tim Herriage Tim Herriage No Comments

Alternative Leads From Public Sources

George Roddy will be presenting the tool belt training at the May 7th free DFW Investors meeting.  This session is included with our complimentary CE, Featured Presentation, and open networking and bar.

The days of having “secret leads” in your arsenal is over due to technology in this industry so what should you do? Give up? No, the answer is to get more creative. There are hundreds of motivated and distressed owners that are looking to sell their properties. You just need to find away to locate them and inform them on WHO you are and WHAT you do. At the May DFW Investor meeting, George Roddy, Jr will show you different ways of sourcing motivated owners through public data.

• Owners who have lived in the property for more than 20 years
• Owners who are behind on property taxes and not in a deferral tax program
• Owners who have just evicted a tenant.
• Owners who have a vacant property
• Owners who have code violation from the city.

The DFW market has a lot of real estate investor competition but most investors won’t dig deep to find leads. If you spend a little more time, you will reduce your competition.

More About George:  George Roddy, Jr. is founder and CEO of Roddy Real Estate Investing Academy (RREIA) and Roddy Rentals (turn-key residential investment opportunities).  Prior to starting RREIA, George served as Vice President of Foreclosure Listing Service’s operations for 15 years.  He also has held his real estate license since 1998.  George has taught over 10,000 investors and real estate agents throughout his tenure and authored 8 different real estate investing courses that were certified for “mandatory continuing education” for real estate licensees/brokers.

More About the Roddy Real Estate Investing Academy:  The Roddy Academy offers education based on 25 years of Texas real estate investing experience. The Roddy staff has purchase over 9,000 properties and instructed over 20,000 investors and Realtors on Texas investment strategies, lead generation, market analysis, negotiations, rehabs, and liquidating single family properties in Texas.  Our mission is simple… to make YOU a more profitable real estate investor!

George Roddy – CEO

Roddy Real Estate Investing Academy


P:  214-593-0074


A:  1415 Legacy Dr, Suite 350, Frisco, TX 75034

by Tim Herriage Tim Herriage No Comments

Electronic notaries in Texas

This weekend, Our SVP Richard Weeks was reading the Tierra Grande (Texas A&M Real Estate Center‘s publication which highlights real estate research and addresses issues of interest to real estate professionals and consumers alike) and told me about the Texas law that goes into effect July 1, 2018.  You’ll be able to get documents notarized from home, in your underwear if your prefer.  Or, perhaps, a beach in South America?  Regardless, it is surely a game changer in document execution.  Year ago, I argued that I couldn’t imagine a bank being willing to accept such an instrument, I guess I was wrong again. Developments like this continue to make it more likely I can run my real estate business from my Ranch one day, which is the end goal.

You can download the entire article here, or read it online here.  Below are some excerpts:

Sign Here . . . From There

New Online Notarization Law

Until now, though, documents required to be notarized injected inconvenience and delay into an otherwise routine transaction. A new development in Texas law will allow Texans—and others—to complete notarized documents without even taking off their Dearfoams. H.B. 1217, which takes effect July 1, 2018, introduces online notarization to Texas.


The new law, most of which is now codified in Chapter 406, Subchapter C, creates a separate class of notary public. That is, there are now “regular notaries” (Subchapter A) and “online notaries” (Subchapter C).


Online notarizations must be conducted by two-way video and audio conference technology that satisfies the standards set by the secretary of state.


The notary may charge the same fees as a regular notary plus an additional $25 online notary charge. The fee must be included in the record.


Records of online notarizations must be maintained for at least five years, whereas a regular notary’s record must be kept for three years or until the notary’s commission expires, whichever is longer.


So, if your real estate professional asks you to open your email, read and electronically sign the attachment, and return it with your electronically notarized signature (on a federal holiday, no less), he’s not flashing back to his previous career in international espionage. He’s just keeping up with the times.

by Tim Herriage Tim Herriage No Comments

New Texas Real Estate Commission Contract Changes

Richard Weeks, Associate Broker and Office Manager for Investable Realty, and SVP for 2020 REI will present this month’s continuing education at the free DFW Investors Meeting on May 7th.  The course will be “Avoiding Common Contract Complications TREC Course 32236”.  This course is open to all investors, of all skill levels.  If you’d like the CE credit as a Texas REALTOR®, you must stay for the entire hour.  The course is free of charge, and is sponsored b DFWREIA, LLC.

Effective May 15th, there are changes to Paragraph 2, 5, 6, 20 and more.  Come learn how to take advantage of the changes for your clients, and protect yourself with knowledge.

Richard Weeks, Senior VP Administration, Investable Realty Office Manager.
Richard Weeks, REALTOR®, Broker Associate, GRI, ePro, EAgent.

Richard Weeks is a native Texan. After graduating from Lamar University with a Bachelors of Business Administration he joined the Army and is a Vietnam veteran serving from 1969 to 1971. He was awarded the National Defense Service Medal, Vietnam Service Medal, Vietnam Campaign Medal, and the Army Commendation Medal.

After being honorably discharged he worked in the Information Technology field for many years before deciding to become involved in real estate.

Real estate is definitely a passion for Richard. He holds a broker’s license and also is a Graduate Of The Realtors® Institute which is the mark of a real estate professional who has made the commitment to provide a high level of professional services by securing a strong educational foundation. REALTORS® with the GRI designation are highly trained in many areas of real estate to better serve and protect their clients.

  • He is also a certified instructor by the Texas Real Estate Commission. He has taught real estate courses at both the college and proprietary real estate school level.
  • He is a member of the MetroTex Association of REALTORS®, The Texas Association of REALTORS®, and The National Association of REALTORS®.
  • He is a highly skilled negotiator and is very detailed oriented. With intricate knowledge of contract and transactions he is committed to explore all resources necessary to market your property or find the perfect home. Will aggressively negotiate and address any concerns during the selling or buying process. Always available to answer any questions and believes communication is the key to a successful relationship.

Richard is currently the office manager for Investable Realty and he is dedicated to the individual success of each Investable Realty agent.

by Tim Herriage Tim Herriage No Comments

How to Build a Successful DFW Real Estate Investing Business

Mike Hambright, a successful real estate investor and entrepreneur based in the Dallas area, has agreed to be the featured speaker at our next DFW Investors monthly meeting on May 7th at the Addison Conference Center.  These monthly meetings are free, and open to investors of all experience levels.  We feature an open networking venue, with complimentary food and an open bar for your enjoyment.  Register now and soak in the knowledge!

Mike teaches others to achieve financial freedom and lifestyle freedom by investing in real estate.

He’s a professional Real Estate investor in DFW, mentor and coach that has bought and sold hundreds of houses, and mentored others that have bought thousands of properties. Mike loves doing real estate deals, but even more, loves the freedom and flexibility that real estate has provided his family, including the flexibility to take time to teach others the lessons he’s learned.

Mike is also the Founder of, a social site for real estate investors with over 1,500 video shows and 100,000 subscribers.


by Tim Herriage Tim Herriage No Comments

Ron Carlson to host Tool Belt session at April DFW Investors Meeting

Ron Carlson, an experienced real estate investor and general contractor, will host the tool belt session at the April 9th DFW Investors monthly meeting.  This free session is just part of the three free sessions that are included at every monthly DFW Investors meeting along side free food and an open bar!    The tool belt session starts at 7:00 PM sharp!

What will you learn from Ron?

Have you ever wondered about the right process on how to remodel a home? Most investors do not know that if you remodel a property in the wrong order that both time and expenses will increase. This class is designed for investors who want to be more efficient while managing a rehab. You will learn what you should fix before you put that new roof on! Should you fix the interior first or the exterior first? Ron will be revealing some tips to working with the city or keeping the city from giving you a hard time will fixing your property. Are you pulling the right permits? Do you even know what permits to pull? As a BONUS there will be a teaching on the remodeling of Historic Homes. What should you look for when you are looking to buy a Historic House? Do you know the additional expenses of purchasing a Historic House?

Ron Carlson is the owner of Renovation Gurus, a turnkey solution for investors. As an investor himself he will be teaching this class from both the eyes of a Contractor and an Investor.


“Just like a home, businesses also need a solid foundation in order to produce quality work. With honesty, consistency, affordability and integrity as the pillars of this company, we pride ourselves on offering clients superior renovation services. We are honored that you are considering us for handling your invaluable assets and will strive to uphold an unmatched level of work.”  Renovation Gurus

The founders of Renovation Gurus grew tired of contractors over pricing construction materials and not completing quality work in a timely manner. So, with over a decade of experience in home remodeling and investment real estate, they felt it time to bring all their resources together and open it to the public.  Renovation Gurus was founded to challenge the current “status quo” of other home remodeling companies. How? By offering a more affordable option for home owners to receive the highest quality of both property renovations and customer service.

So whether it is your personal home or investment property, let us here at Renovation Gurus bring our years of experience and discounts to help deliver an unbelievable finished product!  Click here to learn more about Renovation Gurus.