WREIA 2017 June Meeting
Monday June 12th – Doors Open @ 6:30PM
Re: Flipping In Maryland
Yet again – Maryland finds itself in one of the “Best Places to Flip Homes” lists produced by a national publication.
In this case – Time Magazine put Baltimore at the top of the list.
The #1 spot!
If you browse through the other cities on the list, you will also find our friends to the south in Richmond. Here I am stuck in the middle with you in little ol’ DC.
A few years ago, you would have found the entire state of Maryland ranked in the 3rd spot according to USA Today.
“John – that’s great and all. But it just seems so competitive now. I can’t find deals like I used to.”
I hear you. You and dozens of other friends who have been at this for a long time have said the same thing this year. It has gotten more competitive.
Well – listen up. My job is to keep you ahead of the competition. Even if every member of WREIA did exactly the same thing, we would barely bump into each other here in the DC area. It’s gotten to be that big of a population.
That said, I have no problem sharing this topic with you – because this market is even bigger.
A few years from now, people (and private money funds) will have caught on to the fact that behind the houses is a HUGE Mortgage/Note market that is slowly opening to the solo entreprenuer or investor.
The good news for you is that if you understand houses and the costs to renovate, current value, rental possibilities, etc. you have an ENORMOUS advantage over your competition when it comes to buying and selling mortgage notes.
Knowing how to buy and sell notes is like a secret back door into a deal.
Now, let’s be perfectly frank with each other. This is not a short-term play.
This is another weapon you can add to your knowledge arsenal when trying to structure a deal. The more tools you have access to, the more likely you are to be able to solve a problem – profitably.
I see some cracks in the housing markets around the country. Some things that are finally starting to happen as a result of the great recession we went into 10 years ago. It’s opening a market in the note game, and you need to be a part of it.
My job at WREIA is to make sure you have access to a team of professionals who are ACTIVE and experts in what they do TODAY. We will not introduce you to some tired old speaker that has been talking about the same thing and the great deal they put together 12 years ago.
That said – you need to reserve a seat and be with us at WREIA on June 12th.
This month you will learn how to:
- Find Notes
- Analyze Notes (much easier if you have some knowledge of property values)
- and make GREAT returns.
The good news is that this type of investing is very PASSIVE. This means that you will not be running around town back and forth from a hardware store trying to repair or renovate houses.
Lots of people these days are interested in, or already renovating houses.
VERY FEW PEOPLE UNDERSTAND NOTES.
The icing on the cake is that this is a great method to combine with knowledge about various retirement plans. In it’s simplest form, you can buy a non-performing note. Improve it, and reap the financial rewards in a tax-free or tax-deferred retirement plan. GENIUS!
I make fun of it all the time, but this is the type of business you can do sitting in your PJ’s in front of a laptop anywhere in the world.
IF – you treat it like a business. There are a lot of areas you can mess up. Monday night you are going to hear about some of those mis-steps as well.
I suggest reserving your seat for Monday night – June 12. Go ahead and mark your calendar for the Self-Directed IRA meeting on July 17 while you’re at it.
Combining these two nights is a powerful combo of knowledge that will unleash skills that very few people have mastered.
If you can read between the lines – it also means there is less competition.
Will you join us Monday evening as we have a local note expert at WREIA?
FOCUS and make 2017 a great year for your business!
Let me know how I can help you,
Washington REIA Network, President
Profitable Property, Founder