Monthly Archives: October 2019

Real Estate Is Still The Best Investment – Here’s Why. (Link)

Headlines like this often catch my eye.

For obvious reasons.

Don’t we all want to be reassured that we are making the right investment decisions?

Of course.

And when they start the article with mentions of Andrew Carnegie – I’m hooked.

“Billionaire Andrew Carnegie famously said that 90% of millionaires got their wealth by investing in real estate. We wanted to know: Is this still true? Is investing in real estate still a good idea?

According to these nine Advisors in The Oracles, who made millions by investing in real estate, the answer is a resounding yes.”

It’s also great to learn from these nine people that have had major success in their careers, especially because they are in the same field or line of work as us.

The background of people in this CNBC article quoted above is varied – but they all come to same conclusion. Real estate is a great income generating business to be involved in and spend your time pursuing.

If you agree – come join us at WREIA tonight in Bethesda.

Enjoy the networking, the food, and learn from local investors who have had success over the last decade, and more.

Tonight we are going to share some stories about Renovation. For starters, you will learn how to make (or save) up to 30k extra on your next project.

We open the doors for every monthly WREIA meeting at 6:30 for networking.

I hope I see you tonight!

John

P.S. If you need to reserve a seat or update your WREIA membership you can find tickets at this link.

Standing On The Shoulders Of Giants

“If I have seen further, it is by standing on the shoulders of giants.” – Sir Isaac Newton

This business has been incredibly good to me.

I have spent over half of my career using WREIA to help other people get started or go further, and others go faster than they thought it would take to become “financially free”.

The trip Brenda and I took just a few weeks ago reminded me that in any line of work, you can go further by learning from and sharing your knowledge with others. It’s some type of cosmic law – that you go further by helping other get where they want to go as well.

A few days ago we posted the second video from that trip to Greece.

Because of that trip, I told you we made a few simple changes to our next WREIA meeting – which is tomorrow night.

I reached out to our community of investors and we are going to have other local investors share some of their success and challenging stories about home renovation.

Ancient Greece grew to be a powerhouse because they became the hub, or center of modern information, technology and ideas. They grew because they invited everyone to their cities, to share and borrow ideas from each other – and take the best of what they learned to globally move everyone forward.

My hope is that we continue to do the same with WREIA. Let’s take and borrow the best ideas, technology and information from each other and use those ideas to better our local investing communities.

Years ago we very deliberately stopped promoting the out of town guest speaker of the month. Instead we started focusing on local professionals who have had success or learned lessons that they they are willing to share with the rest of us.

Tomorrow at our October meeting, things are no different. As part of our October meeting we will have a few successful investors from our local area who have agreed to share stories about their recent success or “learning experiences”.

450 years ago Sir Isaac Newton spent his days networking and reaching back into history for the best of what had been learned up to his time. Some of that knowledge and scientific thinking would reach all the way back to ancient Greece.

Tomorrow at WREIA we will all “network our knowledge forward” and simply prepare for a successful 2020 and beyond.

I hope I see you tomorrow at the October WREIA meeting!

John

P.S. If you need to reserve a seat or update your WREIA membership you can find tickets at this link.

WREIA Meeting – Monday, Oct. 2 1st

In the last post we made a quick video where I go into a few details about the next community WREIA meeting.

That first video was a quick stop along the side of the road.

This one is even shorter and in front of the construction going on at the Parthenon, built in 447 BC!

It’s round 2 for my attempt at a video – and maybe you can tell from the background chatter, I wasn’t the only one touring the “ruins” of ancient Greece.

You can reserve your seat for the Oct. WREIA meeting at this link.

We will be going over some recent things I’ve learned in this business, as well hearing from a few investor friends who have had recent “learning experiences”.

When I was first getting started, I found it very beneficial to learn from other peoples success. What I quickly realized in those early years, is that you can learn just as much from their mistakes as well.

We are going to open up a bit about some recent errors, and hopefully that openness will help you avoid making the same mistakes.

Even more so though, we hope you enjoy the recent success stories on how and where properties were found, renovated and sold, netting some very nice profits!

See you soon!

John Peterson

WREIA Members Only Event This Saturday

This Saturday Morning Oct. 19th – Members Only WREIA Event in the suburbs of DC that is primed for huge growth.

Local governments will be pouring over ONE BILLION dollars into this area over
the next 9 years.

Event location and parking details will be sent to
WREIA MEMBERS prior to meeting.

When:
Saturday October 19, 2019 – 9:30 to 11:30AM

What:

Do you think a few rental properties might do well in an area that is primed to receive ONE BILLION dollars in capital improvements over the next decade?

SAY YES…….

Also, learn about Eminent Domain and how a 1033 tax deferred exchange differs from a 1031 tax deferred exchange.

Come on out and join us for in depth discussion on this corridor and how we can profit from this influx of capital.

The lively discussion will be led by real estate agents, investors, landlords, flippers, renovators and lenders.

Where are the opportunities? Join me to find out!!

If you need to update your WREIA membership you can purchase or renew your six month or annual membership at this link. You will get tickets to this months WREIA meeting at the same time!

Hope I see you at some point this weekend or at the WREIA meeting on Monday!

John.

Renovation Realities – WREIA Meeting Oct. 21st

I recently took a trip to the outer edges of Greece.

It was amazing to see building that were built hundreds of years ago.

Some of the most amazing structures were the monasteries built on the top of mountains using the most basic of tools amid terrifying conditions.

You will notice a few of these in the video we just posted about our upcoming WREIA meeting. here:

You can reserve your seat for the Oct. WREIA meeting at this link.

You can also pick up a WREIA membership at the same link. Remember, with your membership you will get access to the “Members Only” event this Saturday.

At this event we will be going over the strategies you can use to profit from the Billion dollars that will be poured in this DC area corridor over the next 9 years.

The meeting address will be given to WREIA members prior to the event.

We have an exciting few days ahead!

See you soon!

John Peterson