Why The Cleveland Cavaliers Won The NBA Finals

trophy
There is no one thing when it comes to winning a national championship.  It takes years of practice, dedication and hard work. Sometimes an entire career is spent in pursuit of that dream.
Last night, after 52 years without a championship trophy to hang on the Cleveland mantle, the Cleveland Cavaliers made history when they came from behind and won the final game of the 7 game series NBA Finals.
They won because of a lot of things, but now that I think about it, something does stick out to me.
 
They won because they decided they were not going to lose.  
In a word – Determination.
We all love to see that come from behind spirit, especially in a playoff game.  But out here in real life, on a day to day basis, I appreciate determination even more.
The single father who decides he is going to make a fantastic life for his kids.  The drug addict that turns his life around and dedicates his life to helping others.
Or how about Steve Harvey?  He was on a recent cover of People Magazine.  He went from broke and living in his car to having a net worth of over $100 Million.
None of these people did it on their own.  They all had a network of people that helped them get off the streets, or get into programs to help themselves first. Even Lebron James had a group of teammates that all drove the team to their final win last night.
Once they got themselves straightened out – then they turned around and started helping other people.
We do the same thing with our monthly WREIA meetings.
If you have determination to make it in our business, our WREIA membership provides a terrific network of people whom you can start to build your business. Every month we network over some food and drinks while we provide resources to each other.
I work hard every month at WREIA to make sure you also get educated on what is working TODAY in our business. No one will sell their properties for top dollar it if they still install orange shag carpet in an otherwise perfect renovation.  You know you need to stay on top of trends in the business and understand the business processes that are working today.
Our WREIA meetings are a great way to take a breather, meet some other great people in our business.  Feel free to trade some ideas, refer some contractors and ask some questions on what is working (or not working) here in the DC area.
Below is  the video I made last last week with a few more details about the June WREIA meeting tonight.

Join us tonight at our Monthly WREIA meeting.

Join us for the food, the network, the learning and expand your belief that other people are out here in the DC area making money in Real Estate.

I see it every month.  People are making money, good money, at auctions again. But you have to have patience and play smart.
The auction atmosphere is exciting – but it is only the beginning of a larger process.  There are a lot of things that happen at an auction that will give you clues as to what to do next if you are interested in the property.   I have bought some great properties from banks and lenders after I lost the bid at the auction.
Come on out this Monday and discover a few things about auctions and REO’s it took me years to learn.  In the last few decades I have attended hundreds of auctions that resulted in the purchase of many dozens of properties.  I am happy to share the lessons I’ve learned with you on Monday.
Join me tonight, June 20th, as we will be talking about the entire process that goes on behind the scenes between the Auction and a listed REO property. It’s a fun topic that I am going to break down into easy steps. If you implement just a few of these steps you may see a giant leap forward in your 2016 results.
June 20th is a great opportunity for you to ask a few questions like:
  • What areas have the best auctions in 2016?
  • How, and where do I find partners for my successful bids?
  • How often do you win a bid?
  • What mistakes do you see people making with Auctions?
  • How and when does a real estate agent get paid in the Auction and REO properties?
Save a few dollars and reserve your seat early.  Then, come join us at WREIA on June 20th. It will be a great way to start the summer season, get you motivated, and get some momentum for the rest of 2016.
*********
Reserve your seat for the sixth 2016 WREIA meeting here.
*********
Make this year a great year for your business!
John Peterson
301-881-5541
Washington REIA Network, President
Profitable Property, Founder
P.S. Rehab Immersion Course – Summer 2016 Class – Starts just after the 4th of July!
The Rehab Immersion Course – Summer 2016 is starting at the end of June and is limited to 12 students or partners.  If you are looking for an intimate and hands-on setting to learn the details of the renovation process here in the DC area – this is perfect for you.  Don’t miss this chance to get some real-world experience.  The summer class is starting to fill up. If you are interested in joining us, simply call the office at 301-881-5541 and let us know to reserve you a remaining spot.
Our Spring Rehab Immersion Class is already wrapping up and was a wild success for the students who attended.  If you regret missing the spring class join us for the summer project!

June WREIA Meeting Invitation and Information – VIDEO

Yesterday I tried to get a little golf in before we have a few more days of rain here in the DC area.  But first, I stopped by a recent property we purchased at auction and posted a video with a little more information on our WREIA meeting this Monday night.

Join us Monday night June 20th at our Monthly WREIA meeting.

Join us for the food, the network, the learning and expand your belief that other people are out here in the DC area making money in Real Estate.

I see it every month. People are making money, good money, at auctions again. But you have to have patience and play smart.

The auction atmosphere is exciting – but it is only the beginning of a larger process. There are a lot of things that happen at an auction that will give you clues as to what to do next if you are interested in the property. I have bought some great properties from banks and lenders after I lost the bid at the auction.

Come on out this Monday and discover a few things about auctions and REO’s it took me years to learn. In the last few decades I have attended hundreds of auctions that resulted in the purchase of many dozens of properties. I am happy to share the lessons I’ve learned with you on Monday.

Join me on June 20th, we will be talking about the entire process that goes on behind the scenes between the Auction and a listed REO property. It’s a fun topic that I am going to break down into easy steps. If you implement just a few of these steps you may see a giant leap forward in your 2016 results.

June 20th is a great opportunity for you to ask a few questions like:

  • What areas have the best auctions in 2016?
  • How, and where do I find partners for my successful bids?
  • How often do you win a bid?
  • What mistakes do you see people making with Auctions?
  • How and when does a real estate agent get paid in the Auction and REO properties?

Save a few dollars and reserve your seat early. Then, come join us at WREIA on June 20th. It will be a great way to start the summer season, get you motivated, and get some momentum for the rest of 2016.

*********

Reserve your seat for the sixth 2016 WREIA meeting here.

*********

Make this year a great year for your business!

John Peterson
301-881-5541
Washington REIA Network, President
Profitable Property, Founder

P.S. Rehab Immersion Course – Summer 2016 Class – Starts just after the 4th of July!

The Rehab Immersion Course – Summer 2016 is starting at the end of June and is limited to 12 students or partners. If you are looking for an intimate and hands-on setting to learn the details of the renovation process here in the DC area – this is perfect for you. Don’t miss this chance to get some real-world experience. The summer class is starting to fill up. If you are interested in joining us, simply call the office at 301-881-5541 and let us know to reserve you a remaining spot.

Our Spring Rehab Immersion Class is already wrapping up and was a wild success for the students who attended. If you regret missing the spring class join us for the summer project!

Auction Tip – How to Find Better Deals

Re: Auction Tip – Thurs. 10:30 AM

There are a few questions I always get when we bring up the topic of Auctions.

At the top of the list – “Where do I find the best auctions?”

First – let me tell you my definition of the “best” auction.

It’s quite simply – An auction with the fewest interested bidders.

Many new investors show up at a courthouse auction and are intimidated by the number of people. What you quickly realize though – not many of these rather “colorful” people are bidding on the properties.

courthouse-auction

In fact, very few people are there to bid on every property. Most of us show up and and have an interest in just one property. We may have to stand around while the auctioneer goes through 3-5 other properties before they get to ours. At that point I pay close attention and hope the person standing next to me isn’t interested.

There are a few tips I learned from other auction pro’s through the years. The best tip I ever got was this: Go to the auctions that are advertised in smaller newspapers.

If you only attend the auctions that are advertised by the big auctions houses you are missing the best deals. Those big auction companies work with the big banks. They do massive volume with big advertising budgets, and by my rough estimate 1 out of 100 listed properties work out in the end to be a good deal for us as investors.

On the flip side you have small companies or single party auctioneers that handle much smaller volume and often work with smaller lenders. Often, they don’t advertise in the larger papers and many people skip right past them.

One of the investors I have “partnered” with on many properties finds terrific deals at auctions I don’t even hear about. Many times through the year this investor is the only person attending the auction. One of his tips he told me to pass on to you was “Get a subscription to all the smaller papers in your area. It will pay off.”

I think he just wants someone to talk to at those lonely auctions.

Join me on June 20th, we will be talking about the entire process that goes on behind the scenes between the Auction and a listed REO property. It’s a fun topic that I am going to break down into easy steps. If you implement just a few of these steps you may see a giant leap forward in your 2016 results.

June 20th is a great opportunity for you to ask a few questions like:

  • What areas have the best auctions in 2016?
  • How, and where do I find partners for my successful bids?
  • How often do you win a bid?
  • What mistakes do you see people making with Auctions?
  • How and when does a real estate agent get paid in the Auction and REO properties?

Save a few dollars and reserve your seat early.  Then, come join us at WREIA on June 20th. It will be a great way to start the summer season, get you motivated, and get some momentum for the rest of 2016.

*********

Reserve your seat for the sixth 2016 WREIA meeting here.

*********

Make this year a great year for your business!

John Peterson
301-881-5541
Washington REIA Network, President
Profitable Property, Founder

P.S. Rehab Immersion Course – Summer 2016 Class – Starting soon!

The Rehab Immersion Course – Summer 2016 is starting at the end of June and is limited to 12 students or partners. If you are looking for an intimate and hands-on setting to learn the details of the renovation process here in the DC area – this is perfect for you. Don’t miss this chance to get some real-world experience. The summer class is starting to fill up. If you are interested in joining us, simply call the office at 301-881-5541 and let us know to reserve you a remaining spot.

Our Spring Rehab Immersion Class is already wrapping up and was a wild success for the students who attended. If you regret missing the spring class join us for the summer project!