Jason Pease
Wrecks to Riches and Robert Anthony Real Estate is pleased to announce that Jason Pease has joined the company as Sales Manager. After growing up in the suburban Chicagoland area, Jason moved to New York City to attend Columbia University. After graduating with an Economics Major, Jason pursued his dreams of joining the global financial markets as a Floor Trader on the NYSE. There he learned the inter-workings of a true “auction market” and was finally able to put to use many of the economic principles he had studied. About four years later, Jason started to take notice that while the stock market certainly provides great jobs for many people, the percentages of people who truly attain a great deal of wealth is actually very small. The vast majority of the trades made at the NYSE on any given day are on behalf of fund managers who are trading for mutual funds or hedge funds. This is when Jason realized that there had to be a better way of attaining wealth.
A few months later Jason was offered a job in Real Estate Finance in sunny Sarasota, Florida. Looking to escape the New York lifestyle, he accepted the position and moved south. Over the next three years Jason learned a great deal about the lending markets, real estate law, and more importantly the great profits that can be gained from owning an appreciable asset such as real estate. The concept of using a bank’s money to fund investments is something that is solely unique to real estate. During the time period of late 2003 through early 2006 thousands of people were making huge profits in real estate throughout Florida and as a result, property values were growing at up to 35% per year. Ultimately, by early 2007 the median price of a standard single family residence had nearly doubled from its value in 2003. Realizing that the huge property value increases couldn’t go on forever, Jason made a phone call to a high school friend who he had heard was investing in foreclosures; his name was Josh Blank.
Over the course of the next calendar year, the two realized that their thoughts on real estate investing were surprisingly similar. From Jason’s ideas about using other people’s money, to Josh’s concepts on buying undervalued property, the two were an excellent pair. Jason has now moved back to the Chicago area where he and Josh are continuing to make it possible for their clients to acquire wealth through foreclosure real estate investing. Jason resides in Chicago with his wife Katie and their dog Wrigley.