Hello Team,
Our last update was June 1st. Here’s what’s happened since:
I am super big on training and improving my skills and knowledge. This helps to mitigate the risk in real estate investing.
The more I know, and the more experience I have, the less risk there is when I use other’s money for real estate deals. While all investments have some risk, we try to mitigate risk by having the proper:
Title Search and Title Insurance, attorney provided
Hazard Insurance, provided by State Farm Insurance
Workman’s comp. insurance, when needed
Builder’s Risk Insurance, when needed
Life insurance policy back ups. AIG-Progressive
Business and personal guarantees. We back our deals with our own personal assets.
Deeds of Trust, recorded at the local county, a real, hard asset as collateral with Promissory notes.
I forgot to mention that I attend 7-8 trainings each month provided by TREIA.com, and I host one of the meetings, TREIA West.
I attended two additional seminars in the last 2 months:
3 full days at HGTV stars seminar, Than Merrill, with Fortune Builders. It was time well spent, but also it was a 3-day commercial for their program. $30k, $40k, or $50k programs.
I also traveled to Atlanta for a 2 day seminar called, “How to be a hard money lender”. 3 other investors were there that I knew from Raleigh. Wow, that was in the weeds. I thought I was in law school, since it was taught by an attorney. We went page by page through a 300-page textbook of very good information.
Thanks to you all! Please continue to pray for our success and wisdom with our investing. 2017 looks very promising.
To our mutual success, John & Jeanne
Building Wealth Through Real Estate
If you are getting this email you are our family, friend, neighbor, past or current investor, or someone who has shown interest in our real estate investing. We will be sending an email out from time to time to:
- update you on what we are doing in the real estate world.
- provide tips and insight on how to invest in real estate.