As it turns out, binge-watching Flipping Out With Jeff Lewis, HGTV, and Rehab Addict does not make one a real estate expert. No matter how much you love those sassy Joshes from Million Dollar Listing, they may not be the best teachers of success in the real estate market, though I sure do like their parties. Tarek & Christina, Jonathan & Drew, et. al are probably not the ones to consult about real estate in the Dayton Ohio market. There is no amount of Shark Tank that sets you up for financial security, right here, right now. Yes, I know, I am just as surprised and disappointed as you are.
Ok then, we’ve established that we’ve gotta do more than build our Pinterest boards while binge watching. Reality tv isn’t making me a professional investor, flipper or rehabber (for real, keep me away from the spackle & grout), I don’t know about the housing market, but I DO know about Dayton. I know about marketing and how that works a little differently here in the Miami Valley. Most importantly, I know that we are protective of our communities around here.
So why the hell is any of this connected or relevant??
Frankly, I didn’t think it was until recently. I just started working with Real Estate U in Beavercreek. I’ve been up to my eyeballs in their branding, mission statements, processes, classes and more for the last few weeks. The more I am immersed in all things REU, the more I begin to understand what similar companies from out of town do.
As someone who has spent the majority of my life in the Dayton area, that pisses me off. As someone who, over the years, has been involved in all the Daytonish things, that really really pisses me off. Why, though? Because their investment in Dayton is not a long term investment in the residents of Dayton. Because they breeze in, make some promises and breeze out with our assets. Nah, no thank you.
We’ve seen the lists that Dayton appears on, and we get a little braggy when we hear that people all across the nation are talking about how affordable it is to live here. This is amazing! Right???
Wellllllll….yes and no.
Dayton is prime real estate right now. But that means more than just high income creatives moving into all the cool, historic neighborhoods. It means that investors across the country are sweeping in and buying up foreclosures. It means that Joe & Suzy Suburbs from Nebraska are looking at some of the older areas and seeing opportunities for a DIY house flip. It means that available money going into these homes, is ultimately leaving the area.
But we want to keep it here. Locally. In the Miami Valley where it can benefit our entire community. How’s THAT for Return On Investment?
Cool. So now what?
If you are interested in learning about real estate investing, rehabbing, flipping, rentals, and beginning to build generational wealth, then you have to attend one of Real Estate U’s FREE Real Estate Investing classes. REU is a nationwide company headquartered here in Dayton. At their free classes, REU teaches you how to find great deals, what areas in Dayton to avoid, where the sweet spots are, and even coaches you through the day to day activities of flipping a house.
There are classes this Thursday & Friday night, and they have added 2 more classes for Saturday. I added the Eventbrite link below so you can choose your time slot.
Maybe this isn’t your thing, that’s fine, but if you know someone of any age (over 18) that would like a jump start into this market, feel free to pass this along. Everyone is welcome, you don’t have to be a Wall Street banker to make this work for you. You just have to want to work…for you.
Find REU on Facebook by clicking here.
Double tap on the ‘Gram here.
See what the heck REU is all about here.