Reflect on your journey an celebrate your successes at our holiday party
The
As we wrap up 2024, it’s the perfect time to reflect, recharge, and plan for the year ahead At Milwaukee REIA, we ’ re dedicated to equipping you with the tools, insights, and connections you need to succeed whether you ’ re just starting out or looking to take your real estate journey to the next level
This month, our newsletter is brimming with valuable resources and opportunities to help you finish the year on a high note and set the stage for a strong start to 2025 From festive celebrations to educational events, we ’ ve curated everything you need to thrive.
Thank you for being a vital part of the Milwaukee REIA community. Your dedication, energy, and enthusiasm are what make this group special. From all of us at Milwaukee REIA, we wish you a joyful holiday season and a prosperous new year.
Note: This newsletter
Celebrate, Network and Reset
As we approach the end of the year, there’s no better time to reflect on your journey, celebrate your successes, and set fresh goals for the year ahead. And what better way to do that than by joining us for the Milwaukee REIA Annual Christmas Party on December 10, 2024! This event isn’t just about holiday cheer – it’s a perfect opportunity for networking, goal resetting, and preparing for a successful new year.
Why You Should Attend
Networking is one of the most powerful tools you can leverage to grow your real estate business, and this event is packed with opportunities to connect with like-minded individuals, share experiences, and discover new opportunities. Whether you ’ re a seasoned investor or just starting out, the Milwaukee REIA Annual Christmas Party will bring together a diverse group of professionals who are passionate about real estate and entrepreneurship.
Reconnect with Your Network
After a year of hard work and challenges, this event is the ideal time to reconnect with old friends and business partners. You never know when an old contact might have a lead or an opportunity that can help you in the coming year Strengthen your connections, build new relationships, and walk away with valuable contacts for your business
Share Ideas and Learn
There’s no shortage of knowledge in the room at the Milwaukee REIA events. Whether you ’ re attending the party to learn about new trends, hear about the latest market shifts, or simply swap success stories, you’ll find a wealth of information shared amongst peers These co nversations often spark fresh ideas and creative solutions that can help you grow your business.
End-of-Year Goal Setting
The holiday season offers the perfect opportunity to step back, reflect, and reassess your goals The end of the year is a natural time for resetting intentions and strategizing for the new year. As you connect with others, take this chance to discuss what worked and what didn’t in your business, evaluate your goals, and set new ones that will set you up for success in 2025.
Celebrate Your Wins
We often get so caught up in the grind of the workday that we forget to take time to celebrate our wins. The Annual Christmas Party provides a relaxed atmosphere to reflect on the progress you ’ ve made in 2024 and acknowledge your hard work Whether it’s a personal achievement or a milestone in your business, take a moment to revel in your successes and share them with the community.
A System and Discipline
BY: TONY YOUNGS
I remember when I attended my first seminar back in the 80’s the speaker said you have to have a system and discipline I knew what the system was because he was teaching it But I did not know what the discipline was until I began to apply the system. The discipline is that you have to take the action to make the system work properly. Through months and years of trial and error, I now know what he meant by discipline I had to discipline myself to always take action, even when I didn’t feel like it Despite all the easier softer ways of doing things today, I still sometimes don’t feel like it But I force myself to take action.
Many years ago, I found something on the internet that I printed and framed and it is on my office wall It’s called, the “7 Excuses” I can’t do it, I’m not feeling it right now, I’m too busy, I’m too tired, There’s no guarantee it’s going to work, I’m not good enough, and my luck sucks. I still to this day do not know who the author is, but I read that from time to time to keep me motivated. I always check to see if I’m making excuses Let’s break it down
I can’t do it: if that’s what I’m thinking, I’m probably right, But if I change it to, I can do it, I’m also right I must program my mind that I can do it, Then all I need to do is try, and if I run into a hurdle, I find a way around it and with some fine tuning, I find that I can do it, So really, all I have to do is get started. Any challenge we run across that we feel we can’t do, all we have to do is get on You Tube or the internet. With all the resource ’ s available today, you can do just about anything.
continued on next page
’I’m not feeling it right now: All I have to do is get started. I discipline myself to Plot a course of about 8 foreclosure properties each week to go visit Sometimes I just don’t feel like going but I tell myself to just go see the first one, Then the motivation kicks in and I start to get excited so I go to the second, then third. It was just a matter of getting started.
I’m too busy: Everybody is busy, I have found that if I add it to my list of things to do, somehow it gets done and there is time to do it. I have a gym membership that I sometimes feel I’m too busy to go, But I take the action to go and do the first exercise, then the energy kicks in. Energy breeds more energy.
I’m too tired: who isn’t, we all get tired. It’s just a matter of going to bed a little earlier so you can get a good nights sleep. Take inventory of your TV habits and see what you can do to get enough rest. Theres no Guarantee it’s going to work: So what There is a guarantee it wont work if you don’t try I have found that persistence pays off Real Estate is a numbers game It’s being at the right place at the right time and if I keep on keeping on, I get the good ones. Even though there’s no guarantee. I’m not good enough: Start telling yourself you are good enough. Educate yourself more, hang out with positive people, read success books, Join a Reia and attend every meeting, Surround yourself with successful entrepreneurs. It will rub off on you.
My Luck Sucks: I heard a wise man make a statement that said, You create your own luck. Luck, is when action meets opportunity That fits right into my real estate business I take action each week to drive through neighborhoods, and I find opportunities every time I go, and that in turn creates good luck. I always find great deals.
We all know that real estate requires work and action, it’s not always easy, but if you have a system and the discipline to follow that system, you can’t help but succeed.
Tony Youngs is a trainer, national speaker, active real estate investor and the author of The “Hidden Market” system of acquiring off market properties. He can be reached at his website at www.tonyyoungs.com
Milwaukee REIA Vendors of the Month
P & C Insurance Services is an independent insurance agency founded in 1998. They are licensed with many of the finest independent insurance companies doing business in Wisconsin They work hard to earn the trust of every customer with superior products, pricing, and service. P & C Insurance is based in Brookfield, WI and works with many excellent companies which provide a wide variety of competitively priced personal and business insurance products
Bob Dummer
262-784-0990
Kitchen Cubes, LLC is a WI based manufacturer of exceptional wood cabinetry and laminate countertops. Our mission is to provide property management companies with quality cabinets and tops at unbeatable prices, direct from our factory floor to you Our products are also great for house flips, spec home builds, and fire/water restoration We pride ourselves on delivering our products on our trucks direct to most Midwest locations.
Heather Freeborn 262-671-3915
MILWAUKEE COUNTY
Carrie Allen
Ted Beringer
Ben Bradley
David Church
Casey Daniels
Kinyata
FOR WAUKESHA COUNTY
LaTonia Hilliard
Ugochukwu Ikeogu
Ahmed Khan
Nicole Kuepper
Alyssa Lemke
Riley LeTourneau
Tramaine Lewis
Lucas Lorenzo
Albrt Moore
Tiffany Moore
Jonathon Morris
Antonio Morrison
John Nazario
Nicole Peterson
CJ Polk
Johnny Tomaz
Emily Ware
Paul Ware
COMING UP: Ready, Set, Grow!
As we head into the new year, it's time to set our sights on growth and opportunities in real estate Whether you're a seasoned investor or just getting started, the Milwaukee Real Estate Investors Association (Milwaukee REIA) invites you to join us at our Monthly Meeting on January 14, 2025 for an exciting and empowering event that will help you "Ready, Set, Grow!"
What to Expect:
At this meeting, we ’ re focusing on strategies to grow your real estate portfolio, expand your knowledge, and set your 2025 goals in motion. Our expert panelists and speakers will share valuable insights on:
How to scale your business in the current market
Navigating the latest trends and investment opportunities
Key tips to stay ahead of the competition in 2025
Proven methods to manage and grow your real estate assets
How to overcome obstacles and unlock new opportunities
This is the perfect time to kick off your new year with a fresh mindset and actionable strategies that will help you grow in the real estate world. Whether you're looking to connect with new contacts, gain new insights, or set up your 2025 success plan, the January Monthly Meeting is the place to be
Event Details:
Date: Tuesday, January 14, 2025
Time: 6:00 PM – 9:00 PM
Location: Sonesta Milwaukee West
Tool of the Month
YELLOW LETTER HQ - FAST, AFFORDABLE DIRECT TO SELLER MARKETING
Yellow Letter HQ makes direct mail easy and efficient. With the ability to customize your marketing materials, from postcards to letters, they can get you what you need - fast!
Their pieces start at just $0 509 and the process is so quick and easy! It’s why we have used Yellow Letter in our business for the past 5 years!
Check out their pieces today and see how they can help you up your direct mail game!
SIGN UP TODAY!
National Benefit of the Month
LOCAL MARKET MONITOR - SAVE 25% ON ALL PURCHASES
Founded in 1990 by Ingo Winzer, Local Market Monitor began as a quarterly publication before making its way to the Internet. Ingo developed the National Review of Real Estate Markets, which analyzed conditions in 100 US Markets, using such economic data as home values, employment growth, and population growth He developed the concept of Equilibrium Home Prices, which has proved valuable in assessing real estate market risk during the last two economic cycles.
www LocalMarketMonitor com
Local Market Monitor continues to evolve in response to the needs of their customers and advances in technology They’ve expanded their market coverage and refined their forecast models to enhance the value of their services
USE PROMO CODE REIA TO SAVE 25%
Renter Households Growing 3X Faster Than Homeowner Households
BY: BRAD BECKETT, REAL ESTATE INVESTING TODAY
A recent report from Redfin says the number of renter households rose 2.7% in Q3, year over year, to a record 45 6 million They say that’s 3x faster than the 0 9% increase in homeowner households, which now total a record 86.9 million. In addition, they point out that The 2.7% increase (representing 1 18 million additional renter households) was the second fastest pace since 2015. To get their conclusions, they analyzed U.S. Census Bureau data back to 1994
Some key points:
The number of renter households grew 27% in the third quarter, the second biggest year-over-year gain since 2015. The number of homeowner households grew 0.9%. Renter households have formed faster than homeowner households for the past four quarters as the cost of buying a home rose faster than the cost of renting. The national rentership rate remained steady at 344%
Your Perfect Landlord Experience Starts with Approving the Right Tenant!
With Rent Perfect’s smartphone app (iOS and Android) you can send application invites to prospective tenants and view credit & background reports all from the convenience of your phone. You simply send an application invite link through Rent Perfect's App to an applicant's email address Then, the recipient completes an online application on their mobile device or computer, they pay the fee and you get instant access to their credit report
with a score and an instant criminal report. From there, Rent Perfect’s Private Investigators search even deeper for eviction records (which are impossible for instant reports to get) and additional criminal records that instant reports are famous for missing
Once a tenant is approved, you then follow a few simple steps to create a lease agreement to view & sign online and get set up to receive online rent payments. All of this starts with just an email address to the applicant Imagine onboarding a tenant the right way in just a few hours from application to lease!
Rent Perfect offers the most accurate & thorough credit & background screening available They make being a landlord simple by making the application and screening process easy as pie. And, the best part? The applicant can even pay for the background fee them selfmaking it free for you! Through a special arrangement, members of National REIA receive a discounted 95¢ set up fee!
