Peninsula Real Estate Investment Association monthly meeting




Attorney to Inmate….What Went Wrong?

By: Stephen M. Gunther


This is a meeting you can’t afford to miss!  I went from being a high school dropout to a very successful and respected attorney.  I owned a successful law firm which specialized in working with real estate investors.   I was the President of the Tidewater Real Estate Investor’s Group, which is the largest investor club on the Southside of Hampton Roads, Virginia.  Things were good!   Then suddenly all of that changed. 


Try to picture how you begin a typical day.  Perhaps you have some coffee and look over your calendar to see what appointments you have. You then hear someone enter your office and you go upfront to greet them.  When you arrive, you are met by an FBI agent who wants to go over 4 files that you closed 3 years prior.  Suddenly your whole world is upside down.  That’s how it began.  Never in my wildest dreams did I ever think something like this would ever happen to me.  Suddenly I went from Virginia State Bar Member 45428 to Inmate #[masked] at Butner Federal Prison Camp.  


You are probably thinking that I am just another crooked lawyer who devised some elaborate scam to rip people off.   That’s where you are wrong.  My profit from the 4 transactions was my normal closing fees which totaled less than $6000.00.  Quite frankly, at the time of the transactions, I did not even realize that I was committing a crime.  In fact, I had a conservative reputation.  I was a lawyer who prided myself in keeping my real estate investor clients away from grey areas.  I cannot count the number of times that I directed a client away from doing something that could have landed them in trouble.  When it comes down to it though, none of this matters.  It only takes once.


I am quite certain that most of you either know or have heard of a fellow investor who has been indicted for a real estate related crime.  It seems to be happening everywhere.  The United States Attorney is really cracking down on real estate related crime.  As investors, more than ever you have to be mindful of everything you do.


Thursday nights program will consists of lessons learned from my crime and how I could have prevented it.  I will provide you with detailed steps to take to ensure that a transaction is above board.  I will also include review of current scams going on in today’s real estate market as well as a reflection of the time I spent in prison.  The program is inspirational, informative, motivational, as well as entertaining.  Find out “What Went Wrong” for me, and discover how to prevent something similar from happening to you!  



Register early to ensure your seat!


Itinerary for this event:

5:30 to 6:00 Setup and early diners.
6:00 to 6:45 Dining and networking.
6:45 to 7:00 Introductions.
7:00 to 7:05 I learned about real estate. Tips from members.
7:05 to 8:15 Our featured speaker
8:15 to 8:30 Deals
8:30 to 9:00 Networking

PREIA is your number one best networking opportunity on the peninsular for real estate investors and professionals!

FREE FREE FREE! But you must pay for the meal.
Yes, this valuable training is free if you pay $12 to our wonderful hosts, Peking International Buffet and that covers the meeting room, all you can eat, your drink and the tip. Contrary to a rumor that went around, you MUST pay for the meal to get the meeting free. It is too hard for the servers to figure out who ate. Out of respect for the speaker(s), service will not be provided during speaking. Please get your food and drink, and pay your bill before 6:45 PM. Of course you can enjoy the wonderful food at or after the meeting.
Thank you for your cooperation.

RSVP: Yes, absolutely! It's important that we RSVP for this event so that we know how to set up the conference room.

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  • Jeremy O.

    Very informative. Cant wait till next one.

    May 12, 2013

  • Khadijah S.

    Good way to meet like minded people. The guest speaker was excellent. He spoke from the heart and we received his message loud and clear. You can make money and do it ethically.

    May 11, 2013

  • Todd S.

    Fabulous meeting. Spoken from the heart!

    May 10, 2013

  • Alan

    It was a great meeting. I hope we all remember Steve's message. Steve is one of those people who will always climb back up no matter how far down you knock him. And he will probably take a lot of people up with him.

    1 · May 10, 2013

  • Chays

    I'm an investor with an emphasis on multi-family properties, and I'm always looking for people to invest! This will be my first meeting with PREIA! Can't wait to meet new people.

    April 5, 2013

  • Calvin J.

    Sorry I could not get to the meeting last night.I will see everyone at the next meeting.

    May 10, 2013

  • William E. Brown III, M.

    Last nights event was very informative and one of the best examples of taking lemons and making lemonade that I've heard in a long while. I plan to take his message into every deal I make from here forward!

    May 10, 2013

  • Gregory S.

    This was my first PREIA meeting and it was great! Awesome guess speaker and great event for networking. I can't wait for the next one.

    1 · May 10, 2013

  • Greg P.

    Great Speaker. Exciting to see so many new faces.

    1 · May 10, 2013

  • James T.

    Great guest speaker and good social.

    May 10, 2013


    Outstanding Message and very informative.

    1 · May 10, 2013

  • Ravi P.

    Hey came out last night and wow it was great. Happy deals only.

    May 10, 2013

  • James N.

    Excellent! I loved the friendly enviroment and motivated people.

    1 · May 10, 2013

  • Jennifer

    Awesome event!

    May 10, 2013

  • Jennifer

    Awesome meetup! Great turnout and speaker!

    May 10, 2013

  • Jeraud N.

    The meeting was great. Mr. Stephen Gunther was a great guest speaker.

    1 · May 9, 2013

  • Chris C.

    Couldn't make the meeting tonight... Was looking forward to but had to work late. Missed having the opportunity to meet some new people.

    May 9, 2013

  • James T.

    I am attending my first PREIA meeting tonight. I am looking for an experienced Flipper on the Peninsula to team up with. I can support with $50K-$100K Cash and have experience with some reno work (tiling, minor electric and plumbing) that I can contribute to the flip reno, if required. I want to be hands-on with this and not just a passive investor.
    I am also interested in getting another rental in York County that I can fix up and rent.
    Let me know if you can help.

    May 9, 2013

  • Bridget

    Looking forward to seeing everyone, networking with like minded people, and getting more educated.

    May 8, 2013

  • Heath L.

    I am looking forward learning new ideas and networking with
    other professionals.

    1 · April 30, 2013

  • James T.

    I am Snap and I just joined PREIA. I am looking forward to the May 9th meeting and learning more about investing in real estate.

    April 29, 2013

  • JOHN G N.


    April 12, 2013

  • Joseph Henry Harris I.

    Will do my best to make every meeting from now on

    April 8, 2013

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