Peninsula Real Estate Investors Association (PREIA)

The Virginia Peninsula’s largest and oldest Real Estate Investor Association.

Our Mission is to connect investors who share knowledge and experience to help each other grow, build wealth, and create success through the power of collaboration.

Whether you’re just starting your investing journey or expanding your portfolio, PREIA provides the connections, education, and tools that open the door to lasting success.

For more about us click here!

Everyone is welcome!

Join us for the next installment of PREIA’s Millionaire Real Estate Investor Series on Thursday, March12, 2026 (the 2nd Thursday of each month) at Buffet Star in Hampton!

This month we’re excited to welcome Carlos Salazar, who will walk us through how to Develop a Deal Pipeline.

Your deal pipeline is the lifeblood of your investing business. In this discussion, we’ll break down how successful investors build a steady, repeatable flow of deals instead of chasing random opportunities. We’ll talk about where deals actually come from, how to work multiple lead sources at the same time, and how to move opportunities through a simple pipeline.

This series is designed to show how ordinary people go from humble beginnings to millionaire status through systematic real estate investing. We break the myth that millionaire investors are lucky or privileged and replace it with a repeatable mindset and framework.

This is not a sales pitch and not a hype seminar — it’s a practical, real-world discussion grounded in real investor experience.

📍 Location: Buffet Star, Hampton
🕕 Come early for dinner and networking 5:30-6, Presentation starts at 6:30


We are proud supporters of “the Alliance.” Please visit their website to learn how they advocate for Virginia Real Estate Investors. Keeping an eye on Richmond for all of us.

WWW.VREIA.ORG

Dear fellow real estate investor,

Below is a pre-written email template you can use to contact Governor Abigail Spanberger and respectfully request she veto the housing bills opposed by the Virginia Real Estate Investors Alliance (VREIA). These bills, despite being labeled as “affordable housing,” will actually increase rent, reduce housing availability, and destabilize Virginia’s rental housing market.

Please send your email and make a phone call today. Time is of the essence.

Governor Spanberger’s Contact Information

Email: abigail.spanberger@governor.virginia.gov

Phone: (804) 786-2211

Mailing Address:

Office of the Governor

P.O. Box 1475

Richmond, VA 23218

For best results, include your name and address, always be respectful.

 

 

Dear Governor Spanberger,

I am a Virginia resident and housing stakeholder writing to respectfully request that you veto the following housing-related bills if passed during this General Assembly session.

While these bills are presented as “affordable housing,” their combined effect will raise rents, reduce housing availability, and increase instability for tenants and housing providers alike. Rising property taxes and insurance costs already strain the housing system. These bills add mandates, risks, and unrecoverable costs that will be passed directly to tenants or force rental homes out of the market entirely.

Below is a list of the bills and why each is detrimental to tenants and housing providers and contrary to true affordability:

HB4 – Chills investment and delays transactions, reducing housing supply

HB14 – Allows government lawsuits that increase legal costs and rents

HB15 – Extends nonpayment timelines, increasing losses and rent pressure

HB79 – Expands mold liability, raising insurance and compliance costs

HB95 – Mandates payment plans, shifting financial risk to housing providers

HB221 – Removes appeal bond, increasing unpaid rent losses

HB278 – Enables local rent caps, leading to higher starting rents

HB281 – Eliminates pay-into-court, encouraging prolonged nonpayment

HB329 – Expands retaliation claims, increasing litigation risk

HB352 – Restricts reinvestment tied to grant conditions

HB374 – Imposes manufactured housing mandates that raise operating costs

HB375 – Right of first refusal discourages park reinvestment

HB379 – Adds administrative mandates with no funding

HB408 – Limits enterprise zone flexibility, reducing new housing

HB444 – Alters debt judgments, increasing unrecoverable losses

HB464 – ADU mandates add compliance and liability costs

HB519 – Defines A/C as essential service, raising capital costs

HB593 – Expands summons disclosures, increasing legal exposure

HB601 – Expands garnishment exemptions, limiting rent recovery

HB616 – Requires extensive record production at provider expense

HB678 – Forces renewal timing that reduces operational flexibility

HB765 – Regulates rental platforms, adding compliance and liability

HB779 – Mandates solar device access, increasing insurance risk

HB804 – Statewide housing targets with appeal mechanisms that delay supply

HB834 – Adds casualty termination procedures that increase uncertainty

HB837 – Expands eviction diversion eligibility, delaying resolution

HB845 – Limits bifurcation, increasing court delays

HB848 – Modifies escrow rules, raising financial exposure

HB928 – Portable energy mandates add safety and insurance risks

HB999 – Expands automated system liability, increasing compliance costs

HB1078 – Broadens adverse action liability, discouraging flexible leasing

HB1093 – Limits attorney fee recovery, increasing unrecoverable costs

HB1177 – Rent stabilization tied to CPI ignores rising taxes and insurance

HB1252 – Pricing disclosure mandates increase compliance costs

SB48 – Extends nonpayment timelines, increasing rent pressure

SB250 – Energy mandates increase liability and insurance costs

SB273 – Expands diversion eligibility, increasing arrears risk

SB294 – Utility record mandates increase administrative costs

SB301 – Expands garnishment exemptions, increasing losses

SB313 – Prohibits fee recovery, forcing costs into rent

Individually and collectively, these bills increase costs, increase risk, and reduce housing supply, directly contradicting the goal of affordable housing.

For these reasons, I respectfully request that you veto these bills and work with stakeholders on solutions that increase supply, stabilize housing, and control costs for tenants.

Thank you for your consideration.

Respectfully,

[Name]

[City / County]

What’s New for Real Estate Investor Resources:
Here’s what we’ve added recently! New tools, updates, event info, and fresh resources are being added all the time to help you get more out of your investing journey. Check back often to see what’s new!

  • Two New Sponsors added: Thank You for your Support!

  • Free Resources

    • Net worth Analysis Spreadsheet

  • Exclusive Member Content

    • Example of a Residential Lease

    • 5 day pay or quit document

    • Google form to document inspections

    • After Repair Value Calculator/Run the Comps!

    • Maximum Allowable Offer Calculator

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