Bloomberg just posted an article that sums up the outlook for the world economy in 2016.
One of the lines that will reach out and grab you comes right at the beginning of the article posted at Bloomberg.
“The global economy will sputter along this year…”
What does that mean for you working here in the DC area?
Just like our local markets can vary widely, so can the economies of various countries around the world.
China is slowing down – which only means they are not growing as fast. Brazil and Russia are actually contracting – not so good.
But here in the U.S. things are starting to get going again. Slowly.
Personally, I like that. It keeps things going, but allows for us to step in and help people from time to time with their properties. We can help by speeding up what could be a long sales process for a seller.
When people are unsure about the future, we can step in and give them a definitive number today. That gives people OPTIONS. Don’t underestimate the power of giving a property owner a choice of what they can do.
What we do is really simple. We give people access to a wholesale real estate market. Most people don’t even realize it exists until they hear from us.
A slowdown across the world economies is fine. It makes for great headlines if you want to make yourself depressed and look for the problems someone might face if they are the head of an international conglomerate of companies.
However, as a BUYER of properties, it should get you excited. The daily headlines can actually help you when you are working with sellers.
Warren Buffet is a great example of someone who does not lose their mind when things slow down and get a little volatile. He sees value, and has no problem stepping in and buying stocks or sometimes entire companies.
You should do the same thing. As things slow down around the world, look around in your backyard right here in the DC area. Can you find individual properties with value built in? Maybe you can improve a property and create value? Maybe you can do both?
At our WREIA meeting this month we are going to focus on 3 areas. These three areas – if you FOCUS – can have massive results.
You can pick one if you are just getting started or work on all three if you are experienced.
- The January WREIA meeting will give you 3 areas to focus on, and some details on how you can implement specific strategies to get going – FAST.
- You are going to get a behind-the-scenes peek at an upcoming class I will be offering. (For those of you who are regular members, you know we seldom offer any classes at WREIA.) On top of everything, this is a rare opportunity to work with us in a real world atmosphere – and as a bonus you will work on an actual live current deal – from beginning to end.
Some of you have been asking some very specific questions lately and I am listening. Join us at WREIA for some of the answers to these questions and much more.
- Where do I get more leads?
- Where should I focus and what type of neighborhoods have the best values going into 2016?
- How do I get started wholesaling?
- I need to buy a property out of our area. What do I do to make sure I don’t make a mistake?
- My marketing looks like everyone else – and it’s kinda stale. How do I stand out?
- How do I find a better contractor that will give me preferable pricing?
We live in a remarkable area when it comes to housing. We have a very resilient market that very few people outside of the DC Metro area can appreciate. Our heavy reliance on the government has been bolstered by the technology and biotech companies that have moved in over the last couple of decades.
Put down the articles about a global slowdown. You should be as excited as I am about this year and all that it offers us!
Make this year a great year for your business!
Washington REIA Network, President
Based on my 2 decades of experience in this business – for some people I know it will be life-changing.