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Providing Education, Resources & Networking Since 1978 Kentucky’s premier investment club for landlords, rehabbers and wholesalers Meeting the 4th Thursday of every month (except November & December) KREIA.COM • facebook.com/groups/kreiaky • twitter.com/reiaky

Monthly Newsletter for KREIA Members

Vol 07-18 July 2018 President’s Letter

KREIA Members!

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1031 Exchanges: Joe Hampton explains how to trade up and defer capital gains taxes

We had another huge turnout last month at KREIA, and Harry Borders gave those in attendance tons of “golden nuggets” about contracts! Lots of great content from Harry and good questions from the audience kept the whole crowd engaged all evening!

Welcome, New Members!

Directory Project: KREIA’s 8 printed members directory is underway, and we need your help KREIA Photos

L.O.T.S. Recap: Brother and 13 sister team up to tackle their first rehab project, a house in Hillview

Eric George This month, former KREIA President Joe Hampton will be teaching us all about “1031 Exchanges” and how to use them to defer paying taxes on the profits from your sales! This advanced technique is a POWERFUL tool anyone can use to help grow their equity and net worth by trading real estate. Make sure you pre-register and get to Woodhaven early to grab a seat up front! Lastly, I want to congratulate all the KREIA members who were elected to serve on the board for the next term, and also give a big THANK YOU to those board members who are leaving for all their help and support over the last year or two! As a non-profit that is completely run by volunteers, we simply could not exist without all our great board and committee members who offer their time and knowledge to plan and execute all our events throughout the year!

Mike Butler: Why you must have 16 a secret Accountability Partner

See you at the meeting!

Nina Musgrave: Infographic — Have you increased your rent?

Eric George KREIA President

Copyright MMXVIII Kentuckiana Real Estate Investors Association • P.O. Box 91225 • Louisville, KY• 40291 (502) 509-2216 www.KREIA.com DISCLAIMER: KREIA does NOT pre-qualify, evaluate, endorse, guarantee or warranty any particular deal, service, company, or person. The Kentuckiana Real Estate Investors Association recommends you perform your own due diligence & seek appropriate legal, accounting, or other professional advice before making any investment. KREIA is a Member of National Real Estate Investors Association.

Your KREIA Leaders

President Eric George

Vice President Tamara West

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Secretary Erik Hitzelberger

Treasurer Mike Treasurer-Elect Grinnan CPA Wally Kallbreier

Board of Directors

Put your message in front of the most active rehabbers, landlords and wholesalers in the state! KREIA offers five membership levels for businesses. Go to KREIA.com and join at one of these annual advertising levels to get your ad in every issue of KREIA's newsletter and be invited to make ad pitches at meetings:

Business Card Membership . . . . . . . . $199 Includes your business-card-sized ad. Admission at monthly meetings remains $20. Premium Levels: These four advertising levels include your ½-page ad in each issue!

Rue McFarland

George Foree

Dennis Erhard

John Jones

Lauren Willoughby

Darin O'Neil

Mike Fallot

Hampton Scurlock

Michelle Rawn

Mike Butler

Chris McCarty

Greg Nalley

Past Pres. Frank Miller

Get involved with KREIA. You can help with the monthly meetings, L.O.T.S. program, this newsletter, Saturday workshops, Government Affairs roundups, marketing, the KREIA website and more. PLUS You Get EXTRA KREIA points for everything you do! Ask for someone to direct you as you check in at the front desk at monthly meetings.

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KREIA's newsletter is published monthly and serves to educate you and to remind you of upcoming monthly meetings. About KREIA: The Kentuckiana Real Estate Investors Association is a members-only, nonprofit organization focused on education, networking and resources for today's investor. Whether you are just starting out in real estate investing or are working on your hundredth deal, KREIA can help you learn more, earn more, and have more fun doing it. Group discounts are available. Contact us at News@KREIA.com if you want to: Advertise on KREIA.com • Sponsor a monthly meeting Sponsor a L.O.T.S. program • Sponsor Saturday Workshops

Bronze Membership . . . . . . . . . . . . . $499 Includes free admission to monthly meetings for one person. Silver Membership . . . . . . . . . . . . . . $699 Includes free admission to monthly meetings for two people. Gold Membership . . . . . . . . . . . . . . . $999 Includes free admission to monthly meetings for two people and gives you a skirted table in the vendors area. Platinum Membership . . . . . . . . . . $4,995 Includes everything the Gold level offers, plus extra promotion from KREIA. You'll be our designated events sponsor, and we will promote you accordingly! New ½-page advertising levels and pricing are in effect for new member signups and upon renewal for current advertisers. Questions? Send email to News@KREIA.com or catch up with KREIA Sponsor/Advertiser Chair Dennis Erhard at the meetings.

Join KREIA Joining KREIA is easy: Go to KREIA.com and click the "JOIN" option on the menu. The cost to join as an individual member remains at $125 per year, with a charge of $20 at the door for monthly meetings. Click JOIN at KREIA.com to find out about all the benefits of membership for both individuals and businesses. Too many to list here!

Trade Up and Defer Capital Gains Taxes! KREIA Past President Joe Hampton Shares Tips on Using 1031 Exchanges Joe Hampton, a KREIA past president, is returning as July's featured speaker to talk about a complicated but lucrative tax strategy called the 1031 exchange. Be in your seat at Woodhaven by 7 p.m. on July 26th to find out how this technique could potentially save you hundreds of thousands of dollars — or more — over your investing career.

From irs.gov: “Whenever you sell business or investment property and you have a gain, you generally have to pay tax on the gain at the time of sale. IRC Section 1031 provides an exception and allows you to postpone paying tax on the gain if you reinvest the proceeds in similar property as part of a qualifying like-kind exchange. Gain deferred in a like-kind exchange under IRC Section 1031 is tax-deferred, but it is not tax-free.” That’s a lot to unpack! Here’s an example to explore 1031 exchanges at work. Say you own a free-and-clear fourplex worth $250,000, and you’re thinking of cashing out of it in order to fund the purchase of a million-dollar apartment building. The first thing you'll want to do is rethink that cashing out part — because your intention is to reinvest in another piece of real estate. As you know, cashing out, or simply selling rental property, can cost you. When you sell property, you're taking a tax hit in capital gains taxes, plus recaptured depreciation. (All that money the IRS gifted you as a depreciation write-off over the years? They'd like a chunk of it back, thanks.) Cashing out of that $250,000 investment could cost you up to 30% of the value of your investment in taxes. Sure, you could use what’s left as a down payment on property worth more than what you just sold, but wouldn't it be nice if it stretched even further? If you wanted to use the whole $250,000 to buy another $250K property outright, you could by using a 1031 exchange. Or you could use it to put 25% down on that $1 million apartment building. So, don’t cash out: Trade up. A 1031 exchange lets you defer paying capital gains taxes and depreciation recapture when you sell a piece of investment property — as long as you use all the proceeds to acquire more investment property, of the same or higher value, within a set amount of time.

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And it's not always a one-to-one type of exchange. You could turn that $250,000 quad into a few paid-for singlefamily rental houses. Or into 10 single-family rental houses with financing. (And in time when the tenants in those 10 houses have paid down your mortgages, and your portfolio is brimming with equity, you could trade the houses in toward an apartment complex. And in time when your dozens of apartment tenants have paid down that loan....) Onward and upward! The 1031 exchange can help investors more quickly leapfrog into more valuable portfolios, but there are rules and caveats. You need a qualified intermediary to oversee the exchange. You're on a tight deadline after selling the initial investment to find a replacement property and take title on it — and the IRS does not give extensions here. There are some trades you can’t do. Working through a 1031 exchange can be involved, but we'll have Joe to explain the many moving pieces.

Q&A With Joe Hampton Joe Hampton has been a member of KREIA since 1983, has served on its board for more than 20 years, and served as president in 1990 and 1991. While he was president he wrote our Code of Ethics. He is an active real estate investor and said that in his “former life” he was an accountant and CIA (certified internal auditor). He is with Re/Max now and acts as a facilitator for investors doing 1031 exchanges. (Continued on the next page)

5:30 p.m. Early Meeting: Benefits of KREIA Membership With Tamara West Are you getting everything out of your KREIA membership that you’re entitled to?

Welcome, New KREIA Members! Tina L. Campbell Hailey Circeo Travis Curtis Richard Dean Craig DiSanto

Richard Dugan Tim Huse Cory Meadows Sasa Petkovic Don Schneider

(Cont. from Page 3: 1031 Exchanges/Joe Hampton) How did you get started in real estate? In 1979 I was a corporate jockey and reading the book “How to Get Rich in Real Estate.” I was getting remarried and I told my new wife, “We’re going to buy real estate.” Our very first purchase was a creative deal. A lady had 14 units. I bought one fourplex by going and getting a loan on it. She financed the 6-plex for me. But she wouldn’t do any of it unless I found a buyer for the other fourplex, which I did. Eventually I bought the other guy out, and I had all 14 — which I subsequently in 2007 exchanged into six houses. Can you describe another 1031 deal you’ve done? I’ve done some complicated ones. I had a 60-unit apartment building in Lexington. I sold that by carrying back a note for several hundred thousand, plus we got cash of several hundred thousand, and I had to find somebody who would take the note. My good buddies Mark and Chris at LDG said they would do it, but I had to take 12 to-be-built houses in the last section of a subdivision. How many 1031 exchanges have you done? Me personally? From my personal investments, I would say I’ve done about seven. But in my practice I’ve done in excess of 20 for clients. I show them how to do it. I lead them step-by-step. We get a qualified intermediary. And of course I get a commission on selling their property and a commission on what they buy. My interest is as a broker. In an investor's lifetime, what difference would you say using 1031 exchanges makes in the value of a portfolio? For every deal where an investor uses 1031 exchanges instead of selling it and reinvesting, he will have 30% more equity to deal with, and that builds up over time. For my 7 deals, that’s 30% seven times. You’ve got to look at it that way. At the end of your life, you have a whole lot more real estate, a whole lot more equity. For my 60-unit apartment building, it probably saved us $200,000, easy. Actually more than that, because we sold it for $950,000. At what point should we start thinking about using a 1031 exchange when getting out of a property? Here’s my rule of thumb: Any time I had to pay $3,000 or more in taxes, I looked to see whether or not I could do an exchange. Could you sell a property with owner financing and still 1031 into something else? Yes. Like with my 60-unit apartment building, but there’s a caveat and we’ll go over that. What was your most recent 1031 trade? The last exchange I did with an investor was last week when we exchanged one of her houses into two other ones. How can people get in touch with you? Write me at joe@therealestateguy.com or call me at (502) 296-1031. My website is www.therealestateguy.com.

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The Directory Is Coming: Please Help Us Produce It Investors of KREIA — you have spoken, and you’ve said you would like to see a return of the printed members directory. We’re working to make that happen, but first we need some help from you. Please log into your account at kreia.com and ensure your contact information is correct in your profile. We’re pulling from online data for the directory, which will include your name, business name, mailing address, email address and cell phone number. Need a refresher on how to update your profile? Here’s what you do. Go to kreia.com and click the “Sign In” link at the top of the page. After you’re signed in, click the nearby “My Dashboard” link.

In the Dashboard, scroll down until you see “My Profile Information.” Look over your contact info. If it’s correct and what you want to appear in the directory, you’re ready for the next step. If not, scroll down a little more and click the Edit button, then edit your contact info and save. The next step is to beef up your profile by telling people what you do. Are you a wholesaler? A rehabber? A plumber? In the “About Me” editor, you can check off boxes that describe your roles as an investor or contractor. That helps people find you on kreia.com, and we plan to harvest your selections for the printed directory too.

Look to the left of “My Profile Information” and click the “About Me” link. But before you start clicking checkboxes, scroll down and click the Edit button at the bottom of the “About Me” block. Until you click Edit, those checkboxes are just for show. After you’ve made your selections, click Save. While in “About Me,” make sure the “Allow Members to Find Me” checkbox is selected. To exclude yourself from online searches, deselect this checkbox and save. Opting out of the directory: For people who do not want to have their information included in the new member directory, we are coming up with ways for you to opt out and will be sending emails with instructions soon. If you voted “No” on June’s directory ballot, we will consider you to have opted out. Likewise, if you voted “No” on the Facebook poll. Copyright MMXVIII Kentuckiana Real Estate Investors Association • P.O. Box 91225 • Louisville, KY• 40291 (502) 509-2216 www.KREIA.com DISCLAIMER: KREIA does NOT pre-qualify, evaluate, endorse, guarantee or warranty any particular deal, service, company, or person. The Kentuckiana Real Estate Investors Association recommends you perform your own due diligence & seek appropriate legal, accounting, or other professional advice before making any investment. KREIA is a Member of National Real Estate Investors Association.

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photo by bruce w. hinson www.obedientcamera.com Attorney Harry Borders, of Borders and Borders, made contract law fun last month at the main meeting.

photo by bruce w. hinson www.obedientcamera.com Brad Lammi and Rue McFarland manned the voting booth during KREIA’s elections.

KREIA

Photos

Margaret Reed, at left, Shawna Nalley and KREIA Past President Connie Horsey networked during the meeting.

photo by bruce w. hinson www.obedientcamera.com

As you play, so you live. These guys take the game of CASHFLOW very seriously. Get out of the rat race: Join us on game nights! Plus, there’s pizza and beer! (Photo by Dennis Erhard)

photo by bruce w. hinson www.obedientcamera.com Wesley Branch, left, and Jerry Ball took an opportunity to chat before the main presentation.

See more photos online — in color — in KREIA's private Facebook group.

Hillview L.O.T.S. Home: A Closer Look Brother and sister join forces for first rehab project

Cheryl Spaniol and Philip Forrest joined KREIA last year, and the brother-sister team jumped immediately into Frank Miller’s new coaching class with Believe Investment Group. “We couldn’t have done it without Frank’s class,” said Philip. “We were in kind of an analysis paralysis. We were looking at houses and too afraid to jump in. So Frank helped us get a house at the Bullitt Co. auction.” “Phil and I were in his rainmaker class,” Cheryl said, “which means that he did this flip essentially with us.” At the Bullitt auction, unlike at the Jefferson Co. foreclosure sales, you don’t have to be bonded to bid and buy, Cheryl said, but you do The house at 719 Hillview Blvd. in Bullitt County was acquired at auction. (Photos by Lauren Willoughby) have to pay 10% at the sale. an offer for $125,000 within 48 hours. Then the best thing The Hillview home had been a hoarder house, and it possible happened — the deal fell through. When they put required two dumpsters to get rid of the stuff left behind. the house back on the MLS, the listing blew up. They spent about $1,000 to clean it out. “We had probably four offers,” Philip said. “My agent But the biggest cost turned out to be plumbing. The said, ‘Let’s go with best and final.’ So that’s how it ended up plumber’s bill was $7,440. The washer hookups had been in being $134,000 with no closing costs.” The siblings expect to an unhandy location next to the sink, and relocating was see a profit of almost $27,000. easier said than done and required some concrete busting. What was their experience as first-time house flippers? They took bids from three plumbers, and there was talk of “The things you thought might be difficult really running a water line through the attic — “Some plumbers would do it, some said ‘No way’” — but they decided against weren’t,” Philip said, “and the things you expected to go easy really didn’t.” it, considering all the involved plumbing jobs already going “This has been very hard,” Cheryl said. “It’s not like they on. “So, we spent the extra $1,500 and went underground.” show on TV. But in the end it’s been very gratifying, and we What else did they do in their rehab? feel like it’s been a success.” They tore down a wall to open up the living/dining area. What would they do differently on their next flip? “We painted everything in the house,” said Philip. “New “I’m not going to get worried when things happen,” flooring, new kitchen, new bathroom, new HVAC system.” Cheryl said. “We spent thousands on a new HVAC system, They went with KREIA advertisers on some of the rehab: flipped the switch and it didn’t work. I went into panic Express Cabinet Store for the kitchen cabinets ($2,000) and mode. My heart sank and I felt sick. So we called somebody Joe Jr. for the flooring (also $2,000) — carpet in the four and it was a fuse. It’s going to all work out in the end.” bedrooms and vinyl in the kitchen and bathroom. Cheryl and Philip got their funding for the house through But their original budget went by the wayside. “The numbers kept going up,” Cheryl said, “and all of a sudden we KREIA sponsor MM Lending, and they gave a shout-out to were $7,000 over MM’s Mike Fallot and Wendy Kays during their presentabudget.” To try to stay tion. “We owe a lot of our success to them,” Cheryl said. on track, the pair took on more of the hands- THE NUMBERS on work, doing Purchase Price: $65,500 landscaping and some Total Investment: $107,113 (including $26,861 in repairs) of the cleaning. Sale Price: $134,000 When they put the Projected Profit: $26,887 house on the market Why do we call it “L.O.T.S.”? Because we Learn On The Site! Cheryl Spaniol and Philip Forrest. in mid-June, they got Copyright MMXVIII Kentuckiana Real Estate Investors Association • P.O. Box 91225 • Louisville, KY• 40291 (502) 509-2216 www.KREIA.com DISCLAIMER: KREIA does NOT pre-qualify, evaluate, endorse, guarantee or warranty any particular deal, service, company, or person. The Kentuckiana Real Estate Investors Association recommends you perform your own due diligence & seek appropriate legal, accounting, or other professional advice before making any investment. KREIA is a Member of National Real Estate Investors Association.

Why You Must Have a Secret Accountability Partner By Mike Butler In case you don’t know me, I’m the guy who, while working my full-time job as an undercover police detective on the Louisville Police Dept., set a goal to buy 100 properties a year and ended up doing 84 properties in my first year. WARNING! I am NOT encouraging you to focus on quantity in today’s market. Please focus on quality of each deal, not quantity. TIP: Find a high-integrity, loyal and honest “Accountability Partner” (study buddy) that is at your level of investing and has very similar investment goals with motivation and drive like you. You MUST treat this task as more important than any killer deal. WHY? Because you will be sharing absolutely everything about your real estate business and goals with your accountability partner. They must do the same with you. All in 100% confidence and trust. You must have total confidence in your AP that they will keep everything you discuss as TOP SECRET and confidential and will never be shared with anyone, PERIOD. No exceptions. Another way to look at your AP is as a business partner without the risks of having a legal partnership. You can still do anything you choose in your business, but you get the benefit of having two heads being better than one, especially when you “cherry pick” a good one. Your Accountability Partner is NOT your Mentor or Coach, because both of you are very hungry to learn. Both of you should be close to the same level of investing, whether beginner, intermediate, advanced... and many levels in between. Both of you should have similar 5-year goals – houses, apartments, commercial, etc. My Accountability Partner (study buddy) is still my good friend and was my wife’s pall bearer, Jay Long. Jay is a twoterm past president of KREIA, served on the board for many years, and was instrumental in KREIA’s first Mentoring Program. Many longtime KREIA members are discovering this for the first time. That’s how private this relationship must be. This relationship still continues today, although are we meet every few months vs. weekly. Your Benefits with an Accountability Partner:  LIVE Training Events with Qualified Experts: Almost every workshop, boot camp and seminar offers discount pricing for two attendees. $5,000 was the norm back then. • TRAVEL: It did not matter if we drove or flew, we had great opportunity to have uninterrupted time, removed from all distractions, to zone out and discuss our real estate battle plans, issues, ideas, goals and more. If this live event had a product or course to study prior to the event, we would play the CDs and any media included. Plus we did the very same thing again on our return trip home to share, discuss, and get a better understanding of everything we just learned from the LIVE training.

• LODGING: Both can use the same hotel room, cutting lodging costs in half. We used two queen beds in case you were wondering. • The EVENT: Jay and I were sponges for knowledge and information. While attending the event, during breaks we would split apart and go networking, trying to find genuine super-successful investors, including the experts who were speaking. After identifying some, if they were 5-star, mostly the speakers, we would treat them to have supper with us at a nice restaurant. POWERFUL. Those less than 5 stars we might invite to breakfast or lunch. We always took a box of business cards to share. Jay and I also used our contacts on the national level to gather more expert information. • HOTEL ROOM: Treat it like a conference room. At the end of the daily training and after supper, we retreated to our room to review in detail everything we’d learned in the day’s training. I might ask Jay, “Speaker talked about and showed us how to blah, blah, blah. I must have had a brain fart and missed it. Can you teach it to me?” Jay would teach me, and we have always heard “the best way to learn something is to teach it!” WOW! • Dedicated NOTEBOOK: Jay and I each had a new spiralbound notebook for each LIVE training event we attended, and it was jammed packed full of notes. The first two pages had special purposes and were not used for notes. The first page was used for AH-HA’s and Questions. The second page was used for ACTION STEPs to implement in our businesses. • Scheduling Conflicts for LIVE Events: If I had a scheduling conflict, Jay could attend and we BOTH split all expenses of attending the event. If I went and Jay could not attend, Jay would pay for half of airfare, gas, lodging and registration/tuition. After returning home, we would go over everything presented and learned at the event. • CONFERENCES: Years ago, a huge real estate investor conference was held every January in Florida. These conferences lasted 3 or 4 days with many national speaker experts on a variety of topics. Every year, Jay and I attended this conference, along with many veteran KREIA members, to not only learn from the speakers, but also to share last year’s goals and results, and together we helped each other set new goals for this new year. If we had large goals, we used the “how to eat an elephant method” to break it down into weekly, monthly and quarterly milestones.  Back Home: • With everything learned above, it’s time to implement – set ACTION STEPS from the AH-HA page in your notebook(s) and your goals for the year. (Continued on Page 21)

Join us! Classes begin in October

(Cont. from Page 16: Secret Accountability Partner) • Stay in touch with your AP – do not schedule recurring meetings that are not effective. This reminds me so much of politicians – all talk, no action. • In today’s world you have many ways to correspond with your stealth AP. You have text, email, cell phone, and the ability to have face-to-face video talks! I might text Jay, “Hey dude, just captured two more houses this week, how ’bout you?” Your secret AP will also be your competition. When I buy another, it motivates Jay to do better, and vice versa. In summary, having Jay Long as my AP benefited me big time. It’s like 2+2=8, and we both slashed our education, training, and coaching by 50%. Think about it. Here is your next Action Step – Early Bird Discount Registration is open for your upcoming 3 Day Boot Camp “How To Buy WITHOUT Banks, Money, Credit, Private Lenders, or Partners” held right here in Louisville on Sept 21, 22, 23 at Wildwood Country Club. You will get a super discount when you register yourself plus your AP (Study Buddy). Mark your calendar now and register online at www.MikeButler.com To Your Continued $uccess!

www.MikeButler.com / www.QuickBooksForInvestors.com Copyright MMXVIII Kentuckiana Real Estate Investors Association • P.O. Box 91225 • Louisville, KY• 40291 (502) 509-2216 www.KREIA.com DISCLAIMER: KREIA does NOT pre-qualify, evaluate, endorse, guarantee or warranty any particular deal, service, company, or person. The Kentuckiana Real Estate Investors Association recommends you perform your own due diligence & seek appropriate legal, accounting, or other professional advice before making any investment. KREIA is a Member of National Real Estate Investors Association.

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THE Local Resource for Landlords, Rehabbers & Wholesalers Meeting the 4th Thursday of every month (except November & December) at Woodhaven Country Club, 7200 Woodhaven Road, Louisville, KY 40291 KREIA.COM • twitter.com/reiaky • instagram.com/reiaky • youtube.com/KreiaDotCom facebook.com/reiaky (public) • facebook.com/groups/kreiaky (private)

UPCOMING EVENTS

1031 Exchanges With Joe Hampton Is it time to trade up? To take stock of your real-life Monopoly board and turn some houses into hotels – while deferring taxes? KREIA Past President Joe Hampton shows how it’s done. Thursday, July 26, 5:30 p.m.  Early Meeting: The Benefits of KREIA membership  July 31 — noon-1 p.m. L.O.T.S. event. Location TBD. Check your email. Members only. Lunch is provided.  August 2 — 5 p.m.-7 p.m. KREIA Happy Hour. Networking at a local restaurant. Check your email. Members only.  August 7 — 11:30-1 p.m. Louisville Lunch and Learn. Members only: Check the private Facebook group. You buy your own lunch. Ed Gibson is the organizer.

 August 8 — 11:45 a.m.-1:30 p.m. KREIA Indiana Sub-Group Luncheon Meeting. Meets the 2nd Wednesday each month at Tucker’s Restaurant in New Albany on State Street and I-265. You buy your own lunch. Brian Haeseley chairs.  August 16 — 6 p.m.-7:30 p.m. KREIA Game Night: CashFlow. Want to get out of the Rat Race? Play CashFlow with other investors pursuing financial freedom.

"KREIA advertising is by far, hands down, the absolute best advertising Looking to invest but want to take a break tenants dollar everfrom spent for and toilets? Joe Varnadore from NoteSchool visit in August Borders will & Borders!"

Buying and Selling Notes

to teach about the advantages of performing and nonperforming notes. There will be a Saturday workshop. Thursday, August 23, 5:30 p.m.

PRE-Pay Now at KREIA.com to Qualify for a Big Door Prize Drawing!