Data Driven Deals this month at our WREIA January meeting.
John Peterson invites you to WREIA this Jan. 25th as we talk about Data Driven Deals. We encourage you to attend virtual WREIA again this month online.
Sign up for this months WREIA meeting here, and we will send you a link a few minutes before the meeting begins. You can join us live and interact with questions and comments as we go along.
Re: Data Mining
The New Year is upon us and I am hopeful you have BIG big goals for 2021. Last year was tough for obvious reasons and we still have major obstacles to overcome but hope is eternal and the NEW YEAR is a great place to start.
First Question….DO YOU NEED DEALS? I know how you feel. I spend the majority of my time marketing for properties that fit our investment criteria. I have found the best way to get results is to determine your strategy to generate profits decide on your ideal customer, collect data and market, market, market your services to them.
Next Question…DO YOU OWN A PHONE? According to PEW research, 96% of Americans own a cell phone and 81% own a smart phone. An increase of 50% in last 7 years.
Think about that for a minute. Most of us are walking around with a powerful computer on our hip and our data is being collected and used by companies to market us products and services.
This is not an email about privacy or big tech but the simple fact that data is becoming a powerful tool in the marketplace.
Data is being collected every day and we need to understand how to use data in our business of real estate investing.
Using date can help us identify and evaluate properties, identify tenants, rental rates, price growth, and neighborhood statistics.
Do not try to fight it – use it!
Data and application of data to market our services is the key to a successful 2021. Join me for in depth conversation on the tools we can use to beat our competition.
My sole focus at the January 2021 WASHINGTON REIA meeting is:
How to use DATA to generate deals in the New Year.
We need to target our ideal customer and begin to market to them as they get ready to sell their property.
Here is to the Possibilities in 2021!!
John
P.S. Target-Mentoring Sessions Available: I am offering targeted-mentoring sessions on many subjects in Real Estate Investment:
Just Text “Mentoring” to 301-943-5535 and we can set up time to talk about any of the following:
If you need help in a specific area, reach out and we can talk to see if we can get you started in reaching your goals today.
November 2020.
How have we managed to make it this far in 2020 already?
This month we are talking about rental property.
At our November Washington REIA meeting, I am going to show you
HOW TO BUY YOUR FIRST RENTAL
In one hour Monday night you will learn:
This might be the most life changing presentation you will ever hear!!
Pretty BOLD statement, I know, but imagine if you can add another $1500, $2000.00 or even $4000.00 to your monthly cash flow.
It takes some time, knowledge and effort but you need to start now to achieve greater goals in the future.
You may look back and say
“I am so glad I attended REIA in November 2020. It changed my life!! I own rental property that is making a huge difference in my financial life.”
See you on Monday.
Grab a reservation here and we will send you a reminder a few moments before we kick off the Nov. 2020 meeting next Monday at 7PM.
Go ahead – grab a ticket. (And yes, there is still no charge to attend.)
Stay safe and stay healthy,
John Peterson
You can catch a few more details about this months WREIA meeting at the video below.
Nearly all of my career has been spent investing here in the DC area.
I have learned a lot about the area, the people and of course made a few mistakes along the way. I hope to share some of those experiences at our WREIA meeting this Monday.
Most of our topic this month will be steered toward someone who is new to the business.
For that matter, maybe you are not new, but you will get something out of this meeting if you are simply struggling with all the changes over the last 10+ years.
Because the reality is – the DC area has changed a LOT over the last 10 years.
I hope you join us on Monday at our still virtual October 2020 WREIA meeting.
Re: Out Of Town
Recently – I got out of town.
The family and I simply got in the car and took off for the Carolinas.
It didn’t take long to brush off the stress of getting back to school and getting back to work and the traffic here in DC.
It started with a simple question – “If the kids are going to school online – why do we have to stay here every day?”
So – off we went.
It turned out to be a good experiment.
The focus was still school – online – in the morning for my son. I would catch up on work and phone calls and we would catch a few holes of golf in the afternoon.
I have to tell you, just getting outside for a few days was worth the trip.
One of the side benefits of the trip was the inspiration I took from a single phone call with a relatively new investor who was struggling with the money side of the real estate business.
Her struggle over the last 6 months or so will become your gain next Monday evening. You will get a peek into our conversation with our WREIA meeting this month.
I hope she made some progress on the call. I think above all – she probably struggled with the “Belief” that she could do it.
After we hung up I started to take a few notes and within the hour had developed the outline for our October 2020 WREIA meeting.
“Five Things I’ve Learned After 20+ Years In Real Estate”
Most of our topic this month will be steered toward someone who is new to the business.
For that matter, maybe you are not new, but you will get something out of this meeting if you are simply struggling with all the changes over the last 10+ years.
I hope you join us on Monday at our still virtual October 2020 WREIA meeting.
You can grab a virtual seat here at this link.
Knowledge is key.
We are open for business and will be having our next virtual WREIA meeting on Monday, October 19th.
If you would like to join us grab a reservation at this link.
The reservation is free and we use your email to send you a link prior to the meeting.
Grab your seat for the next WREIA meeting next Monday and be ready to grow your business.
Stay safe and stay healthy, John Peterson
You can join in on the September 2020 WREIA meeting below.
If you need a copy of the notes from the meeting, you can find them posted here.
Hello Everyone,
Thank you for joining us Monday night on for our July 2020 Washington REIA meeting.
You can find the July replay pinned on Youtube or Facebook and we also have it posted here:
We shared some great information on Getting Started in Real Estate Investment and I appreciate all the great questions during the prestation and the emails I received after the presentation was completed.
In the meeting I talked about the importance of overcoming fear, building a strongbelief in the business and your firm commitment to success. The business has transformed my life and I am grateful to my introduction many years ago now.
Here is a brief outline of our discussion:
Following a few simple steps, it will allow you to become successful in the business and place you on the path to financial independence.
Feel free to download the notes from Monday’s Virtual WREIA meeting we mentioned near the end. You can find them at this link. Good Investing,John
Let me know if I can help.
If you are ready…… might be the best decision you have made in months.
E-mail us at ProfitableProperty@gmail.com or text my cell 301-943-5535 with subject line MINI_MENTORING.
Hurry, we can begin our journey soon to help you achieve financial independence.
Tuition: $495
I will personally spend 3 one- hour sessions with you on Zoom or in-person to accomplish our goals.
Once registered, we will connect and create a schedule for time together.Look forward to working with you. REGISTER NOW!
Stay safe and stay healthy,
John Peterson
Sunday hike was a little hotter than usual. Along the way I stopped and got a few details about tomorrows WREIA meeting.
You can sign up for a free ticket at this link.
I have a true story from just a few weeks ago that is the perfect example of why communication is vitally important and just how weird of a time we are going through right now.
I had a property under contract in Rockville. It was scheduled to close in mid April.
My intention was to purchase property, renovate and sell the property for a good profit.
I was informed by the Title Attorney that he was ready to close the deal and wanted details on my financing for the project.
Many of you know I use private lenders that I have developed in my PRIVATE BANK to finance my buy-renovate-sell opportunities.
I called one of my lenders in Northern Virginia and sent him the INVESTMENT PACKAGE I prepare for all of my investors.
After a few hours or in some cases a few days, the investor decides to move forward and fund or decides to pass for a reason explained to me in a phone conversation.
If they decide to pass for whatever reason, I move on to another investor in my PRIVATE BANK.
In this case, the investor was satisfied with the risk and property details and told me to move forward.
A week later I called investor and told him the closing was scheduled for Monday and forwarded the wire instructions from title company.
He called me back and let me know he was unable to fund the transaction, because he received a margin call on his brokerage account and did not have access to enough funds to close deal.
He was very apologetic and I believe a bit embarrassed for placing me in a tough position. i understood and told him we would be in touch on future deals once the market calmed down and he was more liquid.
After panicking for just a brief moment, I called the seller, offered more deposit money to buy another week or two to close the deal.
They understood and allowed me a few additional weeks to go back to my PRIVATE BANK and secure funding for the deal.
We are in turbulent economic times and we need multiple sources of quality capital to take advantage of solid deals.
We are open for business and will be having our next WREIA meeting on Monday, June 22nd.
If you would like to join us grab a reservation at this link. The reservation is free and we use your email to send you a link prior to the meeting.
This month we will talk about money and the changes taking place in our business. I will give you Seven totally different sources of capital to fund your deals. Most of these are great to use during specific times and can be used when specific situations arise.
Grab your seat for the next WREIA meeting next Monday and be ready to grow your business.
Stay safe and stay healthy,
John Peterson
A few snippets of advice and a peek at what other people are doing right now in real estate.
Now is a time to be brave and continue to build on your plan.
But try to blend the bravery with taking smart steps. Now is not the time to be wreckless.
Join us for our May Virtual WREIA meeting. You can grab a seat here at this link.
See you Monday at 7PM.
John Peterson