Metairie Real Estate Investing & Real Estate Financial Planning™ Podcast
James Orr
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Learn all about investing in real estate in Metairie, Louisiana with a combination of real estate financial planning and modeling with numbers specific to Metairie plus syndicated, more generalized recordings of live and pre-recorded real estate investing classes (not all specific to Metairie).
Available episodes
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6 days ago
Improving Cash Flow on Rental Properties by Improving the Property
Improving Cash Flow on Rental Properties by Improving the Property
When real estate prices, mortgage interest rates, and rent rates are high, it can be more challenging to generate great cash flow from a rental property. However, it is also more important than ever to do everything in your power to maximize cash flow.
There are 88 strategies for improving cash flow on rental properties, with some significant ones that you can apply by making improvements to your rental property. This mini-class covers the cash flow improving strategies that you may make by improving the property.
Check out the video from this class here:
Improving Cash Flow on Rental Properties by Improving the Property - Video
In this class, James discusses:
* The 7 stages to improve cash flow on rental properties
* Subdividing properties
* Upgrading the property
* Adding solar to the property
* Providing furnished rentals
* Converting the property
* Charging improvement rent for tenant-requested improvements
* How to calculate the ROI on making improvements
* Plus much more...
Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:
https://RealEstateFinancialPlanner.com/spreadsheet
Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.
Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Metairie real estate investor podcast? Book a free consultation to discuss.
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Nov 24, 2023
Refinancing Rental Property Tips
Refinancing Rental Property Tips
There are many flavors of refinancing rental properties: cash-out refinances, cash-in refinances, rate and term refinances, and recasting loans.
Understanding each one, when you might want to use them in your real estate investing, the general rules and guidelines for using them, and the impact of each are all important bits of knowledge you should have as a real estate investor.
In this mini-class, James will cover some tips for refinancing rental properties.
Check out the video from this class here:
Refinancing Rental Property Tips - Video
In this class, James discusses:
* The 4 types of refinancing: cash out refi, cash in refi, rate and term refi and recasting
* General tips for refinancing properties
* Special tips when doing rate and term refis
* Special tips when doing cash out refinances
* Special tips when doing owner-occupant refis
* Plus much more...
Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:
https://RealEstateFinancialPlanner.com/spreadsheet
Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.
Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Metairie real estate investor podcast? Book a free consultation to discuss.
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Nov 17, 2023
Financing Tips When Writing an Offer to Buy a Rental
Financing Tips When Writing an Offer to Buy a Rental
So, you understand financing for buying your next property, and you're ready to go out in search of a property to buy.
There are a few financing-related tips that might help set you up for success, improve the odds of getting your offer accepted, getting the best price and terms on your offer, and make your life easier.
That's what we will discuss in this mini-class.
Check out the video from this class here:
Financing Tips When Writing an Offer to Buy a Rental - Video
In this class, James discusses:
* What you should have done (and in hand) before you go look at properties?
* What you absolutely need before you write an offer on a rental property?
* What you can do with your lendeer to give yourself that extra edge when writing an offer to buy a property?
* Why you should get a pre-approval letter with your MAXIMUM loan amount from your lender... even if you never intend to ever go close to your maximum.
* Why waiting until the last minute can make you miss out on the very best deals
* The pros and cons of using the max or the offer price on your pre-approval letter
* Plus much more...
Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:
https://RealEstateFinancialPlanner.com/spreadsheet
Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.
Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Metairie real estate investor podcast? Book a free consultation to discuss.
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Nov 10, 2023
Is It Better to Sell Properties to Invest in Stocks If That Means Financial Independece When Nomading™?
Sometimes buying rental properties is merely a means to an end: financial independence. Some folks don't want to hold onto their rental properties, manage them, or deal with the business of owning them when they achieve financial independence. Instead, they may prefer to have their money more passively invested in stocks.
Can a real estate investor buy properties and hold onto them until they can sell off all the rentals, pay all their expenses of the sale—including closing costs, capital gains taxes, depreciation recapture taxes, and real estate commissions—then take the proceeds and invest in the stock market utilizing a safe withdrawal rate? And is that a faster approach to achieving financial independence than trying to get your properties to the point where they're cash flowing enough to support you without working?
In this mini-class, James will look at Nomading™ versus Nomading™ but being willing to sell off all your rental properties if doing so can make you financially independent and allow you to invest in stocks using a safe withdrawal rate.
Check out the video and interactive charts from this class here:
https://RealEstateFinancialPlanner.com/model/nomad-selling-all-rentals-fi-swr/
Or, see Metairie specific, detailed analysis of a variety of strategies here:
https://RealEstateFinancialPlanner.com/model/LA/Metairie/
Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:
https://RealEstateFinancialPlanner.com/spreadsheet
Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.
Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Metairie real estate investor podcast? Book a free consultation to discuss.
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Nov 3, 2023
Tips for Getting Mortgage Quotes from Lenders
Tips for Getting Mortgage Quotes from Lenders
If you choose a random lender, you'll have a random chance of closing with financing. And in many markets, if your lender fails to perform, you as the buyer are in default (since your lender is not a party to the contract).
Wouldn't you rather have more certainty that your lender will perform and that you select a lender that will give you great service, with reasonable fees, and a great mortgage interest rate? Yes, it seems like a very reasonable expectation.
In this mini-class, James will go over tips for selecting and getting mortgage quotes from lenders.
Check out the video from this class here:
Tips for Getting Mortgage Quotes from Lenders - Video
In this class, James discusses:
* The best sources for finding a great lender
* Why choosing a random lender gives you a random chance of successfully closing on your property
* Who is responsible if the lender you choose does not perform?
* Tips for calling lenders
* Should you have your lender pull your credit report?
* Why you should you call all your prospective lenders on the same day
* Lender questions to ask
* Questions to ask about your lenders fees and their team
* Getting references from your lender
* Plus much more...
Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:
https://RealEstateFinancialPlanner.com/spreadsheet
Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.
Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Metairie real estate investor podcast? Book a free consultation to discuss.
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Oct 31, 2023
EV - Why It's Risky to Leverage Up When Investing in Real Estate
In the last few years, we've seen equity explode.
Property prices have been growing like a weed in a spring.
And, lower mortgage interest rates mean loan paydown has been more like the Mississippi than a backyard creek.
Many real estate investors who owned property during that period will be tempted to tap into that equity to invest in more properties... leverage up.
But, leveraging up is not without risk.
In this special class, James demonstrates how risk changes as you leverage up and much more using the concept of _expected value_ and his new spreadsheet: Expected Value - Risk and Reward Calculator.
Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:
https://RealEstateFinancialPlanner.com/spreadsheet
Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.
Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Metairie real estate investor podcast? Book a free consultation to discuss.
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Oct 30, 2023
Ways to Speed Up Achieving Financial Independence
How can you speed up your journey to financial independence (FI)?
In this special class, James will go over a brand-new spreadsheet and walk you through all the different ways to speed up your achievement of financial independence.
James covers the following in this class:
* What is financial independence?
* How is financial independence defined mathematically? How do you know if you're financially independent?
* A brief discussion of pensions, annuities, and social security and why you may prefer to focus elsewhere
* An introduction to the new Financial Independence Asset Allocation and Cash Flows Engine™ spreadsheet
* Speeding up FI via job income
* Speeding up FI via properties
* Speeding up FI via business profits
* An introduction to Safe Withdrawal Rates
* Speeding up FI via invested assets (and a SWR)
* Speeding up FI with annuities
* Besides earning more money and reducing expenses, what are the strategies for achieving FI faster?
* Sources of money to invest... and allocating that money to speed up FI
* Investing or reinvesting in what to speed up FI?
* The three primary groups of strategies to improve speed to FI: increase savings, increase returns, and reallocate assets.
* All the strategies for increasing savings
* All the strategies for increasing returns
* A discussion of Return on Equity and why it matters when you're trying to speed up your achievement of financial independence
* All the strategies based on reallocating assets
* Risk versus speed - a tricky trade
* And much more...
Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:
https://RealEstateFinancialPlanner.com/spreadsheet
Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.
Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Metairie real estate investor podcast? Book a free consultation to discuss.
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Oct 27, 2023
Preparing to Get Mortgages
Preparing to Get Mortgages
So, you’ve decided to invest in real estate and know that you’ll need a mortgage to buy property.
There are some things you should do BEFORE you apply for your mortgage. You should be thinking about these things ideally for multiple years before you try to get a mortgage.
In this mini-class, we will discuss the preparation you should do before getting a mortgage and how to make the process faster, better, and easier, especially if you plan to buy more than one property.
Check out the video from this class here:
Preparing to Get Mortgages - Video
In this class, James discusses:
* Knowing your qualification requirements from your lender
* Getting a loan when you're self-employed
* Don't be penny-wise, pound-foolish
* Knowing and improving your credit score (one way to maximize cash flow)
* Understanding Debt-To-Income and using it to your advantage to maximize cash flow
* Saving money preparing to get mortgage (and uses of that money to make sure you optimize cash flow)
* A list of often requested document when applying for a mortgage
* Organizing your files to be prepared for applying
* Plus much more...
Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:
https://RealEstateFinancialPlanner.com/spreadsheet
Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.
Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Metairie real estate investor podcast? Book a free consultation to discuss.
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Oct 20, 2023
Accessing Equity in Properties
Accessing Equity in Properties
With prices up a lot over the last few years and interest rates having lingered near all-time lows, many real estate investors find themselves sitting on massive amounts of equity in their properties.
But, how do you access that equity?
In this mini-class, James will look at a variety of ways to access equity in properties.
Check out the video from this class here:
Accessing Equity in Properties - Video
In this class, James discusses:
* The returns you earn on rental properties and how they tend to grow over your ownership period: appreciation, cash flow, debt paydown and Cash Flow from Depreciation™
* How return on equity works for each return
* A discussion of True Net Equity™
* The two ways to access equity in your properties: borrow and sell
* Plus much more...
Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:
https://RealEstateFinancialPlanner.com/spreadsheet
Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.
Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Metairie real estate investor podcast? Book a free consultation to discuss.
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Oct 13, 2023
The Return on Investment on Extra Down Payments
The Return on Investment on Extra Down Payments
You’re buying a rental property. You have more than you need for a down payment, closing costs and reserves. One option you’re considering is putting more down.
Putting more down will often improve cash flow and Cash on Cash Return on Investment. The dollar amount of returns from Appreciation and Depreciation remain unchanged but, it can also lower your overall return on investment from Appreciation and Depreciation because your investment amount has changed. And putting more down changes how much debt you pay down and the amount you invested lowering your return on investment from debt paydown.
In this mini-class, James will look at how putting more down changes your return on investment so you can make an educated decision as to whether it makes sense or not to put more down and see improved cash flow.
Check out the video from this class here:
The Return on Investment on Extra Down Payments - Video
In this class, James discusses:
* James Orr's Return Quadrants™: Return in Dollars Quadrant™, Return on Investment Quadrant™ and Return on Equity Quadrant™
* Loan Comparison Spreadsheet
* The returns in dollars for Nomad™ with 5% down
* The return on investment for Nomad with 5% down
* The returns and ROI for 15% down
* How 5% Nomad™ compares to 15% down and the return on the extra down payment
* Similar comparisons for 20%, 25%, 30% and 40% down payment options
* Cash on Cash Return on Investment approaches Cap Rate
* Plus much more...
Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:
https://RealEstateFinancialPlanner.com/spreadsheet
Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.
Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Metairie real estate investor podcast? Book a free consultation to discuss.
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Oct 6, 2023
Is It Better to Pay Off Your Owner-Occupant Mortgage When Nomading?
Most real estate investors consider themselves financially independent when the income from all of their investments exceeds their personal expenses. To achieve this, they need net positive cash flow from all rental properties after all expenses, any income generated from stocks, bonds, or other investments times a safe withdrawal rate, and any social security, pensions or annuities.
On the expense side, they need to consider all personal expenses, such as food, taxes, insurance, entertainment, healthcare, and housing. If they have a mortgage on their personal residence, that would include their mortgage payment. However, paying off the mortgage effectively reduces the amount of income needed to cover expenses by the amount of the mortgage payment that no longer exists.
If you have extra money invested in stocks, bonds, or other assets and could pay off your mortgage to achieve financial independence, it may be worth considering. This mini-class will explore the impact of paying off…
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Oct 2, 2023
Rental Portfolio Return in Dollars Quadrant™ Spreadsheet
Use this special spreadsheet to track the returns on each property in your portfolio.
It utilizes the Return in Dollars Quadrant™ methodology to easily allow you to track appreciation, cash flow, debt paydown, Cash Flow from Depreciation™ and the return on your reserves all in one place.
Plus, see how and when each return is taxed. And, whether the return is cash now or cash later. And finally, whether the return is more speculative and uncertain or less speculative and more certain.
Download the spreadsheet:
https://refp.info/rpridq
Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:
https://RealEstateFinancialPlanner.com/spreadsheet
Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.
Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Metairie real estate investor podca…
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Sep 29, 2023
Should I Put 15% or 20% Down When Buying a Rental Property?
Should I Put 15% or 20% Down When Buying a Rental Property?
In a real estate market that has seen significant increases in property prices and rapidly rising mortgage interest rates, it can be harder than ever to obtain decent cash flow. However, many real estate investors are tempted to minimize their down payments to optimize their overall returns by investing as little as possible in the deal.
A debate looms regarding whether a 15% or 20% down payment is preferable when purchasing an investment property. In this mini-class, James will guide you through a method for approaching this classic problem and provide some mathematical reasoning to help you reach a rational solution once and for all.
Check out the video from this class here:
Should I Put 15% or 20% Down When Buying a Rental Property? - Video
In this class, James discusses:
* Comparing various loan programs
* Getting mortgage interest rates and private mortgage insurance from your lender
* How to compare two diffe…
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Sep 28, 2023
Seasons Of My Life Budget™ Spreadsheet
Use this special budget spreadsheet to model changes in your situation like buying an owner-occupant property, buying rental properties, getting married or divorced or remarried, retiring and much much more.
The spreadsheet allows you to create 6 variations to your budgets for different seasons of your life to easily see how that impacts what you need to have to be financially independent.
Download the spreadsheet:
https://refp.info/soml
Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:
https://RealEstateFinancialPlanner.com/spreadsheet
Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.
Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Metairie real estate investor podcast? Book a free consultation to discuss.
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Sep 22, 2023
Loan Comparison Spreadsheet for Real Estate Investors
Loan Comparison Spreadsheet for Real Estate Investors
Sometimes it can be helpful to compare various loan programs and options simultaneously. For example, it could be useful to compare the monthly payment differences between various "nothing down," "low down," and full-size down payment options when buying a rental property.
Visually seeing a chart comparing the monthly payments of your choices of loans can assist you in making better decisions.
If you had a spreadsheet to easily compare a variety of loan programs at the same time, it would be even more helpful. In this mini-class, James will share with you a loan comparison spreadsheet that allows you to easily compare all of the most common traditional financing options for real estate investors.
Check out the video from this class here:
Loan Comparison Spreadsheet for Real Estate Investors - Video
In this class, James discusses:
* Comparing various loan programs
* Getting mortgage interest rates and private mortgage insu…
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Sep 15, 2023
Buying Down Mortgage Interest Rates for Real Estate Investors
Buying Down Mortgage Interest Rates for Real Estate Investors
There are several ways to improve cash flow on your rental properties. One option is to put more money down to reduce the amount you borrow. In some cases, this can also improve your interest rate by lowering your overall loan-to-value. However, when comparing putting more money down to buying down the mortgage interest rate, it is usually better to buy down the interest rate for any reasonable holding period. This is true from both a return on investment and improved cash flow perspective.
Learn more about buying down your interest rate in this mini-class.
Check out the video from this class here:
Buying Down Mortgage Interest Rates for Real Estate Investors - Video
In this class, James discusses:
* Buying down mortgage interest rates when buying a rental property
* Improving cash flow by buying down your rate
* You can choose your interest rate by how much you're willing to pay or receive as a credit toward clo…
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Sep 8, 2023
Other Financing Options for Real Estate Investors
Other Financing Options for Real Estate Investors
In the last several classes, we covered a variety of traditional financing options, including nothing-down financing, low down payment financing, conventional financing, and portfolio loans. These options represent the overwhelming majority of financing options used when purchasing properties.
However, there are a handful of financing options that are used infrequently, but it's still important to be aware of them. In this mini-class, we will discuss these other financing options, including private money, hard money, utilizing partners for financing, home equity lines of credit, owner financing, life insurance, self-directed retirement accounts, subject to and wrap financing, lease-options/lease-purchases, and foregoing financing to pay cash.
Check out the video from this class here:
Other Financing Options for Real Estate Investors - Video
In this class, James discusses:
* Primary financing types that make up 90%+ of all loans…
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Sep 3, 2023
Amazing Rental Property Cash Flow Strategy with Ryan Chaw
Home prices are up a lot over the last 10 years or so, interest rates are up even more in the last 18 months or so, and—while rents are up—they’re not up enough to counteract the higher prices and interest rates.
That makes cash flow harder... but not for Ryan and his strategy...
We discuss this method of improving cash flow under "Improve Strategy" when we discuss our 88 cash flow improving strategies, but Ryan really drives home just how amazing it is.
Check out the interview and his website.
Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:
https://RealEstateFinancialPlanner.com/spreadsheet
Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.
Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Metairie real estate investor podcast? Book a free consultation to discuss…
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Sep 1, 2023
Is it Better to Nomad™ or Buy Rentals All Cash?
Prices have gone up rapidly in the last few years. And, interest rates are much higher. And even though rents are up, they’re not up enough to counteract the much higher prices and much higher interest rates. That makes it harder to achieve good cash flow with a reasonable down payment.
One way to overcome the impact of higher interest rates is to not use loans to buy rental properties.
In this comparison mini-class James will compare the Nomad™ real estate investing strategy to taking the significantly longer extra time to save up and buy rental properties for cash.
With the Nomad™ strategy, James will have you put 5% down and buy an owner-occupant property that you live in for at least a year until you’ve saved up the next 5% down payment plus closing costs and reserves. Then, buy another 5% down payment owner-occupant property and move into the new property. Convert the previous property to a rental. Repeat this process until you’ve acquired 10 properties total—9 of t…
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Aug 25, 2023
The Importance of Loan Planning for Real Estate Investors
The Importance of Loan Planning for Real Estate Investors
Real estate investing is a little like the game of Chess. You can play the game with an elementary understanding of the basic rules. But, you soon learn that just knowing how the pieces move about the board are the table stakes for being able to sit at the game board.
If you want to do well, you need to start thinking about the consequences of your actions. And, not just the consequences of your actions for the immediate next move, but the consequences for moves multiple turns into the future.
The same applies to real estate investing... you need to be thinking not just about the deal analysis and loan of the property right in front of you; that’s table stakes. You need to be thinking about what the consequences are for that property far off into the future and, if you’re good, for multiple properties and multiple loans into the future.
That’s why loan planning is so important and why we’ll cover it in detail in this…
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Aug 18, 2023
Hard Money and Private Money for Real Estate Investors
Hard Money and Private Money for Real Estate Investors
Certain real estate investing strategies suggest certain types of financing. For example, most long-term buy-and-hold real estate investors purchasing non-owner-occupant properties will opt for 30-year fixed rate conventional financing or commercial loans. House hackers and Nomads™ will often seek out low or zero down VA, USDA, FHA, and conventional financing options.
However, sometimes the real estate investing strategy will lean toward utilizing hard money and private money loans. Some examples include utilizing the BRRRR strategy or doing fix-and-flips.
In this mini-class, James will go over the basics of hard money and private money loans.
Check out the video from this class here and access the downloads mentioned in the recording:
Hard Money and Private Money for Real Estate Investors - Video and Downloads
In this class, James discusses:
* What is hard money? And, a deep dive into using it as a real estate investor.…
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Aug 11, 2023
Commercial Loans 101 for Real Estate Investors
Commercial Loans 101 for Real Estate Investors
Recently, we have been covering a variety of financing options for real estate investors. However, we have primarily focused on financing single-family homes, condos, townhomes, duplexes, triplexes, and fourplexes. But what if you're interested in purchasing a commercial building, an apartment with five or more units, or an industrial property?
That's where commercial financing comes in.
In this mini-class, James will introduce you to commercial financing, explain how it differs from more conventional financing options, and discuss when you might use it as a real estate investor.
Check out the video from this class here:
Commercial Loans 101 for Real Estate Investors - Video
In this class, James discusses:
* An overview of other financing options before we get to commercial loans and commercial lenders in Metairie
* What are commercial loans?
* When do we typically use them as real estate investors?
* Plus much more...
Free…
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Aug 4, 2023
Portfolio Loans 101 for Real Estate Investors
Portfolio Loans 101 for Real Estate Investors
Most real estate investors initially use conventional financing options to acquire their rental property portfolio. However, when they hit the limit of conventional loans they can obtain, they may switch to portfolio loan products to continue acquiring properties. Additionally, when doing certain types of partnerships, it may be beneficial to consider portfolio loans.
In this mini-class, James covers the basics of portfolio mortgage financing for real estate investors.
Check out the video from this class here:
Portfolio Loans 101 for Real Estate Investors - Video
In this class, James discusses:
* An overview of other financing options before we get to portfolio loans and portfolio lenders in Metairie
* What are portfolio loans?
* When do we typically use them as real estate investors?
* Plus much more...
Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal…
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Jul 28, 2023
Conventional Financing 101 for Real Estate Investors
Conventional Financing 101 for Real Estate Investors
While about one-third of real estate transactions are all-cash, the majority of real estate investors use conventional financing options to acquire their rental properties. Even new investors often desire to utilize creative financing strategies, but it's important to have a foundational understanding of conventional financing.
In this mini-class, James will cover the basics of conventional financing for real estate investors.
Check out the video from this class here:
Conventional Financing 101 for Real Estate Investors - Video
In this class, James discusses:
* An overview of other financing options before we get to conventional financing
* Conventional financing for both non-owner-occupant investment properties and 3% and 5% down payment loans (especially for house hackers and Nomads™)
* Plus much more...
Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Est…
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Jul 21, 2023
Improving Cash Flow on Rental Properties as a Landlord
Improving Cash Flow on Rental Properties as a Landlord
When real estate prices, mortgage interest rates, and rent rates are high, it can be more challenging to generate great cash flow from a rental property. However, it is also more important than ever to do everything in your power to maximize cash flow.
There are 88 strategies for improving cash flow on rental properties, with some of the best are ones you apply as a landlord managing your rental property. This mini-class covers the cash flow improving strategies when you’re a landlord.
Check out the video of this class here:
Improving Cash Flow on Rental Properties as a Landlord - Video Recording
In this special mini-class for the Real Estate Financial Planner™ coaching program James covers:
* 88 Ways to Improve Cash Flow from Real Estate Rental Properties including the following...
* Improving cash flow by adding additional services
* Improving cash flow by providing desirable done-for-you services
* Improving c…
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Jul 14, 2023
Low Down Payment Financing Options for Real Estate Investors
Low Down Payment Financing Options for Real Estate Investors
Real estate investors often believe that minimizing their down payment leads to higher returns. This is partly true since a lower down payment means higher leverage, which amplifies returns. However, returns can be amplified both positively (when returns are positive) and negatively (when returns are negative or things don't go as planned).
Although there may be additional low-down creative financing options available, there are a few traditional financing options that require a "low down payment." In this mini-class, we will cover these options.
Check out the video from this class here:
Low Down Payment Financing Options for Real Estate Investors - Video
In this class, James discusses:
* FHA 3.5% down payment loans (especially for house hackers and Nomads™)
* Conventional 3% and 5% down payment loans (especially for house hackers and Nomads™)
* Low down payment financing options
* Creative financing
* Own…
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Jul 7, 2023
Is It Better to Buy 20% Down Rentals or Invest in Stocks?
Property prices and interest rates are currently high, while rents are not keeping up. Achieving cash flow has become even more crucial and challenging than ever, despite our 88 strategies to maximize it.
One common question that arises is whether it is better to purchase rental properties with 20% down payments or to invest in stocks. Buying rental properties with 20% down allows you to use leverage, which can significantly magnify both good and bad returns. Therefore, selecting the right investment property is crucial to your success or lack thereof.
To be fair, you could also leverage yourself by investing in stocks to a lesser degree. However, we won’t be discussing this in this particular comparison class.
Owning rentals requires a more active approach than passively investing in stocks. Is the extra work worth the extra effort? How much better or worse is it?
In this special class, James will compare the two strategies across 300 US markets, as the numbers differ depending…
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Jun 30, 2023
Is Creative Financing Really Nothing Down?
Is Creative Financing Really Nothing Down?
Every real estate investor has heard stories of the amazing deals that can be found with creative financing, often involving instant equity from buying significantly below current fair market value with nothing down. While these deals do exist, they are not typical. So, what can an investor reasonably expect when it comes to creative financing deals that require no money up-front?
In this mini-class, James tackles this question head-on and examines whether lease-option, subject to, owner financing, and other popular creative financing deals are truly nothing down or if they require some money up-front.
Check out the video from this class here:
Is Creative Financing Really Nothing Down? - Video
In this class, James discusses:
* Nothing down financing options
* Creative financing
* Owner financing
* Wrap financing
* Loan assumption
* Rent to own, lease to own, lease-option, lease-purchase
* Installment land contract, contract…
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Jun 23, 2023
Improving Cash Flow on Properties You Already Own
Improving Cash Flow on Properties You Already Own
When real estate prices, mortgage interest rates, and rental rates are high, generating great cash flow from a rental property can be more challenging. However, it is also more important than ever to do everything in your power to maximize cash flow.
There are 88 strategies for improving cash flow on rental properties, with some powerful ones related to properties you already own. This mini-class covers the strategies for those properties, which make up the second largest group of strategies.
Check out the video of this class here:
Improving Cash Flow on Properties You Already Own - Video Recording
In this special mini-class for the Real Estate Financial Planner™ coaching program James covers:
* 88 Ways to Improve Cash Flow from Real Estate Rental Properties including the following...
* Improving cash flow by refinancing to extend the term
* Improving cash flow by refinancing to improve the interest rate
* Improving cas…
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Jun 16, 2023
Nothing Down Financing Options for Real Estate Investors
Nothing Down Financing Options for Real Estate Investors
Some real estate investors are obsessed with investing in real estate with no down payment. For some, it is a practical necessity because they don't have the funds for a down payment. For others, it's about boosting their return on investment.
Although there may be other local options and creative financing options available, there are two primary "no down payment" options for traditional financing. In this mini-class, we will cover these two traditional "no down payment" options.
Check out the video from this class here:
Nothing Down Financing Options for Real Estate Investors - Video
In this class, James discusses:
* Nothing down financing options
* Creative financing
* Owner financing
* Wrap financing
* Loan assumption
* Rent to own, lease to own, lease-option, lease-purchase
* Installment land contract, contract for deed, etc
* Subject to
* Private money and hard money
* VA Loans and USDA Loans (espe…
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Jun 9, 2023
Is It Better to Buy an Owner-Occupant Property Then Put 20% Down or 25% For Rentals?
Property prices and interest rates are high, while rents are lagging. Cash flow is both more important and harder to achieve than ever, even with our 88 strategies to improve and maximize it.
Another question common rises to the top of the list: I’m going to buy an owner-occupant property with 5% down first, but then… should you put 20% down when acquiring your rental properties, or should you save up a little more and put 25% down even if it means a slightly slower acquisition pace?
Putting 25% down does get you a slightly better interest rate and because you’re borrowing less cash flow is slightly better too. Will that make up for having to wait a little longer saving up for slightly larger down payments?
In this special class, James will conduct a thorough comparison of the two strategies across 300 US markets, as the numbers vary depending on your local market's prices, rents, and income.
Which strategy—20% down or 25% down—gives you a higher net worth? Which gets you…
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Jun 2, 2023
Selecting a Lender for Real Estate Investors
Selecting a Lender for Real Estate Investors
The top two, most commonly used dream team members for real estate investors are real estate agents and lenders. In this mini-class we will discuss how to select a lender to use as a real estate investor.
We will discuss some of the selection criteria I consider when choosing a lender to work with.
Check out the video from this class here:
Selecting a Lender for Real Estate Investors - Video
In this class, James discusses:
* The non-monetary considerations when selecting a lender for your real estate investing
* It's not always, exclusively about price
* Being a good Dream Team member
* Additional or fewer overlays
* Personality
* Accessibility and communication
* Going above and beyond
* Lender programs vary
* Plus much more...
Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:
https://RealEstateFinancialPla…
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May 26, 2023
Improving Cash Flow When Marketing Your Property for Rent
Improving Cash Flow When Marketing Your Property for Rent
When real estate prices, mortgage interest rates, and rent rates are high, generating great cash flow from a rental property can be challenging. However, it is more important than ever to maximize cash flow.
There are 88 strategies for improving cash flow on rental properties. Some are used when searching for properties, some when selecting a real estate investing strategy, and some when financing the property. Other strategies are utilized when marketing the property for rent.
This mini-class will cover the latter group, focusing on strategies to improve cash flow when marketing your property to rent.
Check out the video of this class here:
Improving Cash Flow When Marketing Your Property for Rent - Video Recording
In this special mini-class for the Real Estate Financial Planner™ coaching program James covers:
* 88 Ways to Improve Cash Flow from Real Estate Rental Properties including the following...
* Improving…
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May 21, 2023
1 Year Anniversary Recap
WARNING: This is not our typical content.
Normally we teach real estate investing classes. This is not one of those classes.
May 20, 2023 is the 1-year anniversary of launching the new real estate investing podcasts.
To honor the anniversary, we’re recapping how the first year went including:
* Key milestones achieved
* Number of episodes published
* Number of podcast downloads
* Number of subscribers
* How much money we made
* How much expenses were to run this business
* What are goals are for the future of the podcasts, substack and beyond
* Plus much, much more...
So, if you’re just interested in real estate investing... skip this recording.
However, if you’re interested to hear about the behind-the-scenes aspects of this podcast and see us build this in public, this is your chance to celebrate our first year together.
Happy anniversary!
Love,
James Orr
Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's G…
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May 19, 2023
FHA Mortgage Insurance Premiums
FHA Mortgage Insurance Premiums
New, lower mortgage insurance premium (MIP) rates will apply to mortgages insured by FHA on or after March 20, 2023. These rates were announced by HUD on February 22, 2023.
In this mini-class, James will discuss the improvements to FHA Mortgage Insurance Premiums, as well as their previous rates. Additionally, James will explain how this change could impact your cash flow if you decide to buy a property using FHA financing in the future, especially duplexes, triplexes, and fourplexes as a Nomad™ and/or house hacker.
Check out the video and interactive charts from this class here:
FHA Mortgage Insurance Premiums - Video
In this class, James discusses:
* What the FHA Mortgage Insurance Premium change is and when it goes into affect
* How much it will change cash flow on a typical real estate investor purchase
* What Private Mortgage Insurnace is
* What FHA Mortgage Insurance Premiums are (FHA MIP) and how much they are for a variety of situ…
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May 12, 2023
Is it Better to Put 20% Down or 25% Down?
Property prices and interest rates are high, while rents are lagging. Cash flow is both more important and harder to achieve than ever, even with our 88 strategies to improve and maximize it.
Another question common rises to the top of the list: should you put 20% down when acquiring your rental properties, or should you save up a little more and put 25% down even if it means a slightly slower acquisition pace?
Putting 25% down does get you a slightly better interest rate and because you’re borrowing less cash flow is slightly better too. Will that make up for having to wait a little longer saving up for slightly larger down payments?
In this special class, James will conduct a thorough comparison of the two strategies across 300 US markets, as the numbers vary depending on your local market's prices, rents, and income.
Which strategy—20% down or 25% down—gives you a higher net worth? Which gets you to financial independence the fastest? Which is the safest, and which has the…
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May 5, 2023
Alternate Uses for Down Payments
Alternate Uses for Down Payments
It might seem obvious that the more money you save up for down payments, the more you can and maybe should put down as a means of improving cash flow.
But that might not always be the most optimal and effective strategy. In fact, there are a variety of other options available as alternatives that might improve how you look as a borrower and that may ultimately impact how well the property cash flows.
This mini-class discusses the alternate uses of down payments you might want to consider that can improve cash flow versus putting more down.
Check out the video and interactive charts from this class here:
Alternate Uses for Down Payments - Video
In this class, James discusses:
* Improving how you look as a borrower
* Using down payment to boost your reserves
* Using down payment to pay off other debt
* Using down payment to buy down interest rate
* Using down payment to pre-pay Private Mortgage Insurance (PMI)
* Using down payment to lo…
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May 4, 2023
The World's Greatest Real Estate Deal Analysis Spreadsheet™ Updated
The World's Greatest Real Estate Deal Analysis Spreadsheet™ Updated
I know this sounds controversial, but I'll say it because it is true: everyone else's deal analysis spreadsheet for buying rental properties is wrong.
How?
First, they don't take into account that you MUST have reserves to buy rental properties. A correct deal analysis spreadsheet will take into account both the return you earn on the reserves you need to set aside to prudently buy rentals and take those reserves into account when calculating your return on investment. The "investment" part of the "return on investment" calculation must include the reserves you need to set aside. _The World's Greatest Real Estate Deal Analysis Spreadsheet™_ does this correctly.
Besides ignoring the fifth return... the one from reserves... hardly any deal analysis spreadsheets take into account the four areas of return: appreciation, debt paydown, _Cash Flow from Depreciation™_ and the one most do include... cash flow. _The Wo…
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Apr 28, 2023
Improving Cash Flow When Considering Your Real Estate Investing Strategy
Improving Cash Flow When Considering Your Real Estate Investing Strategy
When prices are high, mortgage interest rates are high, and rents are lagging, it can be more challenging than ever to generate great cash flow from a rental property. However, it is also more important than ever to do everything in your power to maximize cash flow.
There are 88 strategies for improving cash flow on rental properties, and some of the most powerful are related to the strategy you use for the property you are purchasing. This mini-class covers all the cash flow improving strategies related to your chosen strategy.
Check out the video of this class here:
Improving Cash Flow When Considering Your Real Estate Investing Strategy - Video Recording
In this special mini-class for the Real Estate Financial Planner™ coaching program James covers:
* 88 Ways to Improve Cash Flow from Real Estate Rental Properties including the following...
* Strategies to improve cash flow by changing the term (sh…
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Apr 21, 2023
How Much Should You Put Down When Buying Rental Properties
What is the ideal down payment when purchasing a rental property?
While some real estate investors may barely scrape together the minimum down payment, there are advantages to putting down more. Additionally, changing your strategy to allow for a smaller down payment may also have advantages.
In this mini-class, James discusses how different down payment amounts can affect interest rates, overall return on investment, and changes you are likely to see in both interest rate and cash flow.
Check out the video and interactive charts from this class here:
https://refp.substack.com/p/how-much-should-you-put-down-when
In this class, James discusses:
* Not just down payment... total cost to close + reserves + probably cumulative negative cash flow
* How much should you put down?
* Interest rates vary based on owner-occupant and non-owner-occupant
* Interest rates vary based on loan program
* Interest rates vary based on down payment
* Return in dollars - what changes and wha…
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Apr 14, 2023
Is It Better to Put 5% Down or 20% Down When Buying Rentals?
Property prices and interest rates are high, while rents are lagging. Cash flow is both more important and harder to achieve than ever, even with our 88 strategies to improve and maximize it.
But a debate still remains: should you use smaller 5% down payments with the Nomad™ real estate investing strategy to acquire your rental properties, or should you save up 20% and buy non-owner-occupant properties at a slightly slower pace?
In this special class, James will conduct a thorough comparison of the two strategies across 300 US markets, as the numbers vary depending on your local market's prices, rents, and income.
Which strategy gives you a higher net worth? Which gets you to financial independence the fastest? Which is the safest, and which has the most risk? Plus much more.
After attending this class, you should have a much clearer understanding of whether you should seriously consider the Nomad™ strategy or opt for a slightly slower pace with 20% down payments when acquiring…
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Apr 7, 2023
How to Get the Down Payment When Buying Rental Properties
How to Get the Down Payment When Buying Rental Properties
There are two primary ways to deal with down payments when buying rental properties: first you can REDUCE the need for them and second you can focus on ways to PRODUCE the down payment required. In this mini-class, James discusses strategies to produce the down payments when buying rental properties.
Check out the video of this class here:
How to Get the Down Payment When Buying Rental Properties - Video Recording
In this special mini-class for the Real Estate Financial Planner™ coaching program James covers:
* We're not just talking about down payment... but...
* Reduce and Produce
* Will it work for me? Fools will... and intelligent, gritty, resolved people will...
* “Investment Cards” (aka Credit Cards)
* Security Deposit
* Maintenance Reserves
* Property equity
* Depreciation
* Retirement Account
* Family Members (Legacy Nomad™)
* Sell stuff you don’t need or want
* Saving
* From regu…
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Mar 31, 2023
Improving Cash Flow When Financing Your Next Rental Property
Improving Cash Flow When Financing Your Next Rental Property
When prices are high, mortgage interest rates are high, and rents are lagging, it can be more challenging than ever to generate great cash flow from a rental property. However, it is also more important than ever to do everything in your power to maximize cash flow.
There are 88 strategies for improving cash flow on rental properties, with the largest number of strategies related to financing the rental property. This mini-class covers all the cash flow improving strategies related to financing your rental property.
Check out the video of this class here:
Improving Cash Flow When Financing Your Next Rental Property - Video Recording
In this special mini-class for the Real Estate Financial Planner™ coaching program James covers:
* 88 Ways to Improve Cash Flow from Real Estate Rental Properties including the following...
* Strategies to improve cash flow before getting the loan
* Strategies to improve cash flow b…
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Mar 24, 2023
Reduce the Need for Down Payments When Buying Rental Properties
Reduce the Need for Down Payments When Buying Rental Properties
There are two primary ways to deal with down payments when buying rental properties: first you can REDUCE the need for them and second you can focus on ways to PRODUCE the down payment required. In this mini-class, James discusses strategies to reduce the need for down payments when buying rental properties.
Check out the video of this class here:
Reduce the Need for Down Payments When Buying Rental Properties - Video Recording
In this special mini-class for the Real Estate Financial Planner™ coaching program James covers:
* We're not just talking about down payment... but...
* Reduce and Produce
* Will it work for me? Fools will... and intelligent, gritty, resolved people will...
* Minimize price to minimize down payment and some warnings with this strategy
* A discussion of an image from Gary Keller's book _The Millionaire Real Estate Investor_
* Strong seller's markets
* Nothing down financing optio…
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Mar 17, 2023
How Much Down Payment for Investment Property?
How Much Down Payment for Investment Property?
Check out the video of this class here:
https://realestatefinancialplanner.com/how-much-down-payment-for-investment-property/
In this special mini-class for the Real Estate Financial Planner™ coaching program James covers:
* The two primary groups of loans for real estate investors...
* How much down payment for an investment property?
* Which loans are good for Nomads™ and house hackers in Metairie?
* The no money down real estate investor loan options.
* What's interesting about hard money loans, private loans and creative financing?
* Plus more...
Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:
https://RealEstateFinancialPlanner.com/spreadsheet
Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.
Real Estate Agent & Lender Collaborators: In…
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Mar 10, 2023
What Does a Real Estate Agent Do When You’re Buying a Rental Property?
What does a real estate agent do when you're buying a rental property? What are you use responsbible for? What do each of your other dream team members do?
In this special mini-class for the Real Estate Financial Planner™ coaching program James covers:
* What's the difference between a real estate agent, broker and Realtor?
* A word on local variation from market to market and how to find out exactly what is different in your market.
* The key roles and responsbilities when buying a rental property and who does what with an emphasis on what your real estate agent does.
* A list of additional things you should be concerned on that your real estate agent probably won't do, but that you should do as the owner of a real estate investing business.
Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:
https://RealEstateFinancialPlanner.com/spreadsheet
Improve Cash Flow: Bo…
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Mar 3, 2023
Improving Cash Flow When Searching for Your Next Rental Property
Don't wait until after you own your rental property to start optimizing cash flow. In this special recording, James discusses all the strategies for improving cash flow while you're actively searching for the next rental property to buy.
In this special mini-class for the Real Estate Financial Planner™ coaching program James covers:
* Real Estate Agent Selection - Besides all the things that a typical real estate agent might be able to do like help you select a better cash flowing rental property, negotiate a better deal on your behalf, refer you to quality, good value dream team members… your real estate agent may also be able to rebate part of their commission back to you at closing and you could use that money to improve cash flow. One way to improve cash flow with the rebated commission is to buy down your mortgage interest rate.
* Lock/Float Your Mortgage Interest Rate - Lock in your mortgage interest rate while searching for properties to avoid having rates rise while…
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Feb 24, 2023
Real Estate Financial Planner™ Coaching - When to Do Upgrades with a Value-Add Rental Property
When should you upgrade or do improvements to your rental property? How do you tell if it is worthwhile doing the improvements/upgrades?
In this special mini-class for the Real Estate Financial Planner™ coaching program James covers:
* Where are we as we improve rental property cash flow/now?
* Distinctions between BRRR/R and taking advantage of forced appreciation for a quick sale and keeping a rental for long-term wealth building and cash flow/now.
* How Return Quadrants™ are impacted by upgrades.
* A look at Return in Dollars Quadrants™.
* A look at Return on Investment Quadrants™.
* A look at Return on Equity Quadrants™.
* How to determine if you should do the upgrades/improvements or not... will it improve returns (with a math example)
* Will doing the upgrade/improvement make your return better or worse? A quick, math-based, decision-making thought process.
* The simple math discussion
* The more complicated math discussion including how to do it u…
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Feb 17, 2023
Real Estate Financial Planner™ Coaching - Your Financial Independence
The _Your Financial Independence_ module for the new Real Estate Financial Planner Coaching program for folks looking to buy a property in the next 90 days that will move them closer to financial independence despite high prices, high interest rates and lagging rents.
James covers:
* Does buying this property move you closer to your goal of being financially independent?
* What financial independence is using the _Financial Independence Definition Star_
* The Phases of Financial Independence™
* The Stages or Milestones of the financial independence journey
* The Ultimate Financial Independence Retire Early Budget™
* FIRE Belgium's The Simple Path to Financial Independence infographic
* Having _Cash Flow_ as a goal
* Why The First $100K Is The Hardest
* And the _Property Lifecycle™_
Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:
https://RealEstateF…
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Feb 10, 2023
Real Estate Financial Planner™ Coaching - Introduction
Introduction to the Real Estate Financial Planner Coaching program for folks looking to buy a property in the next 90 days that will move them closer to financial independence despite high prices, high interest rates and lagging rents.
James covers the 7 steps all real estate investors should go through when buying a rental property and the 20 modules in the new coaching program for those looking to buy a rental property in the next 90 days.
Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:
https://RealEstateFinancialPlanner.com/spreadsheet
Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.
Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Metairie real estate investor podcast? Book a free consultation to discuss.
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Jan 27, 2023
What Does Financially Independent Mean?
What does financially independent mean? Find out in this special, deep-dive podcast episode.
James defines financially independent:
* Passive Income from things like social security, pensions and annuities
* Net positive cash flow from rental properties
* Safe withdrawal rate times other invested assets like stocks and bonds
James discusses how you need to have clarity on what financial independence looks like for you... especially as a real estate investor... and then what you need to do to get there.
What you NEED to be financially independent is your ultimate destination. That's what your budget looks like when financially independent.
What you choose to invest in is the path to financial independence. That's your action plan.
James provides you with The Ultimate FIRE Budget so you can plan your budget now, when you're at lean FIRE and when you're at fat FIRE... and specifically what your sources of income are for being financially independent at each of those three stag…
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Jan 20, 2023
How to Calculate Cash on Cash Return on Investment
Learn how to calculate Cash on Cash Return on Investment for rental properties in Metairie.
James walks you through, step-by-step, how to calculate Cash on Cash Return on Investment for rental properties in Metairie including all the sub-calculations including Gross Potential Income (GPI), Gross Operating Income (GOI), Operating Expenses (OpEx), Net Operating Income (NOI), and Cash Flow. And, where to get every number you'll need to do the calculations yourself.
Find out why it is hard to give you an idea of what a typical Cash on Cash Return on Investment calculation might be on properties.
Learn how Cash on Cash Return on Investment is similar to Cap Rate and, more importantly, how it is different.
Plus, James will show you how to have The World's Greatest Real Estate Deal Analysis Spreadsheet™ (free spreadsheet download) do the Cash on Cash Return on Investment calculation for you.
See the Cash on Cash Return on Investment calculation with the newest spreadsheet: James's _Vis…
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Jan 13, 2023
Calculating Cap Rate for Rental Properties: A Step-by-Step Guide
Learn how to calculate cap rate on rental properties in Metairie.
James walks you through, step-by-step, how to calculate capitalization rate (cap rate) on rental properties in Metairie including all the sub-calculations including Gross Potential Income (GPI), Gross Operating Income (GOI), Operating Expenses (OpEx), and Net Operating Income (NOI). And, where to get every number you'll need to do the calculations yourself.
Find out what a typical cap rate might be including some historical cap rates for a variety of investment types.
Learn how cap rate is similar to Cash on Cash Return on Investment and, more importantly, how it is different.
Plus, James will show you how to have The World's Greatest Real Estate Deal Analysis Spreadsheet™ (free spreadsheet download) do the cap rate calculation for you.
See the cap rate calculation with the newest spreadsheet: James's _Visual Cap Rate Calculator for Rental Property™_ and the _Improve Cap Rate Focuser™_ to see where to focus yo…
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Jan 6, 2023
Why You Still Might Want to Invest in Real Estate in Metairie Despite High Prices, High Interest Rates, and Lagging Rents
Real estate prices in Metairie are high. Mortgage interest rates are high. Rents are lagging in Metairie. Is real estate a good investment in Metairie right now?
In this special webinar James discusses why you might still want to invest in real estate in Metairie despite high prices, high interest rates, and lagging rents.
James will discuss why Charlie Munger says that the first $100K is the hardest. Plus, why its not ALWAYS just about cash flow with real estate investments and why you still might want to invest in real estate in Metairie despite our current market conditions.
James has modeled just over 300 different US cities for this class for you to choose from, jump right to Metairie:
https://RealEstateFinancialPlanner.com/model/LA/Metairie/
Watch the video version of this class:
https://realestatefinancialplanner.com/why-you-still-might-want-to-invest-in-real-estate-despite-high-prices-high-interest-rates-and-lagging-rents/
*Resources Mentioned In Class*
* First $100K…
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Nov 26, 2022
Real Estate Nomad™ in Metairie
The Nomad™ real estate investing strategy has you buying properties as an owner-occupant, living in them for at least a year… to fulfil your obligations to the lender for getting a low/nothing down loan with better interest rates… then converting them to a rental and moving into a new property.
Repeat this until you have the number of rental properties you desire.
But, how does the Nomad™ real estate investing strategy work in Metairie with Metairie housing prices, rents, taxes, insurance and rents with today’s interest rates?
How quickly can you achieve financial independence using the strategy?
How risky is the strategy?
In this class, James will walk you through the basics of the Nomad™ real estate investing strategy including all the assumptions we used for Metairie and you can see exactly how effective… or ineffective… the Nomad™ strategy is in Metairie with Metairie, Louisiana numbers.
BONUS: Plus, you’ll be able to copy the Scenario into your own Real E…
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Nov 24, 2022
Modeling Your Real Estate Investments - Rules Overview
Learn more about modeling your real estate investing strategy in CityName using a variety of different rules in the Real Estate Financial Planner™ software.
Watch the video version of this class:
https://realestatefinancialplanner.com/modeling-your-real-estate-investments-rules-overview/
*Resources Mentioned In Class*
* Real Estate Financial Planner™ Software - Get a free account on the _Real Estate Financial Planner™_ software to do your own modeling using the rules described in this class.
* Cash Flow versus Appreciation - A full class comparing investing in a market that has great cash flow versus a market that has great appreciation.
Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:
https://RealEstateFinancialPlanner.com/spreadsheet
Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.
Real E…
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Nov 21, 2022
Are FHA Loans for Suckers?
You can purchase a property in Metairie, Louisiana using an FHA loan with just 3.5% down. Heck, sometimes you can even get down payment assistance to help with the 3.5% down payment.
But there are other loans with lower down payment options.
However, when you put less than 20% down, FHA loans require you buy insurance to protect the lender in case you default on the loan.
This insurance… called _Mortgage Insurance Premiums_ (MIP) for FHA loans or the equivalent of _Private Mortgage Insurance_ (PMI) on other types of loans… has both an upfront premium and a monthly premium.
And, with FHA loans this monthly premium NEVER goes away… even when you pay down the loan to well below 80% loan-to-value.
With this _Mortgage Insurance Premium_ (MIP) that never goes away… does that mean that FHA loans are for suckers?!
Well… not so fast… in this class we will talk about the pros and cons of FHA loans and see if they’re really just a sucker’s loan or if Metairie real estate inv…
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Oct 27, 2022
Housing Starts Reaction Video
* Are we currently over-building?
* Have we been over-building in the last few years?
* Where are all the 5+ unit new construction properties?
* What can builders tell us about impending recessions?
Find out the answers to these questions and more in this first-ever chart reaction podcast episode and video from James as he goes over the following two charts from Bill McBride’s Calculated Risk Blog.
See the charts and watch the video version of this chart reaction video: https://refp.substack.com/p/housing-starts-reaction-video
Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:
https://RealEstateFinancialPlanner.com/spreadsheet
Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.
Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Metairie real estate investor podcast? B…
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Oct 26, 2022
Effects of Shifting Economic Forces on the Real Estate Market
James is interviewed by Dave Goldberg with The Investor's Source about the effects of shifting economic forces on the real estate market.
Watch the video version of this interview:
https://www.youtube.com/watch?v=DELMeIdX8KE
Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:
https://RealEstateFinancialPlanner.com/spreadsheet
Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.
Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Metairie real estate investor podcast? Book a free consultation to discuss.
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Oct 25, 2022
10 Things I Wish I Knew Before Starting to Invest in Real Estate
This is a very personal recording of a class I recorded on March 10, 2021 for our real estate investor group in Northern Colorado.
In it I share some very failures and what I wish I knew if I was getting started investing in real estate in Metairie.
Here's my list of tips:
* Not Get Rich Quick
* "A great business at a fair price is superior to a fair business at a great price." – Charlie Munger
* Reserves
* Return Quadrants™
* Nomad™
* Focus
* Grass Isn’t Always Greener
* Past does not equal the Future
* Deeper Understanding of Income and Expenses
* Sharpen The Saw
Watch the video version of this class:
https://realestatefinancialplanner.com/10-things-i-wish-i-knew-before-starting-to-invest-in-real-estate/
*Resources Mentioned* In this episode James mentions the following resources:
* First $100K Is The Hardest - Some more detailed information and explanation on why the first $100K is the hardest.
* Everything You Learned About Deal Analysis is…
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Oct 24, 2022
Is Nomad Dead?!
This is a recording of a class I recorded way back in June, 2021 for our real estate investor group in Northern Colorado. So, why am I publishing a class that's over a year old on October 24, 2022?
Over the last month, I've had several people suggest to me or ask me if in our current real estate market in Metairie... a real estate market where...
* Prices are UP... A LOT!
* Interest rates are UP... A LOT!
* Demand has cooled off quite a bit.
* Rents are UP, but not THAT MUCH.
* Income is UP, but not THAT MUCH.
* Inflation is definitely HERE and likely to continue until the world... and yes... there is a worldwide inflation issue... not just in the US... gets it under control.
...if in that type of real estate market in Metairie... should they even be considering buying properties?
For example, yesterday I got the following email from a client:
"So what’s your advice to buyer clients right now? Wait for prices to fall? Buy now but with cash? Use those builder incentiv…
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Oct 14, 2022
Having Confidence Modeling Retirement with Real Estate Investments
With rising interest rates in Metairie, some real estate investors wonder what's a reasonable mortgage interest rate to use when planning out their next purchases.
This episode was recorded to help real estate investors better understand historical mortgage interest rates and what is reasonable to use when modeling future real estate purchases.
If you're buying a property in the next 30-90 days... just call your lender and get the current mortgage rates. But, what interest rate should you use if you're thinking about buying 10 properties over the next 10 years? How confident are you using that rate? How confident should you be?
James discusses this idea and shares with you a brand-new, super-simple spreadsheet called the Mortgage Interest Rate Confidence Meter™ that uses historic mortgage interest rate data to tell you how confident you should be using whatever interest rate you enter.
Watch the video version of this class:
https://realestatefinancialplanner.com/having-confidenc…
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Oct 12, 2022
Impact of Rapidly Rising Interest Rates on Real Estate Investors
With rising interest rates in Metairie, some investors are wondering if real estate investing is dead.
This episode was recorded to help real estate investors better understand how much and how quickly interest rates have changed over the last 35 years. Then, with that knowledge, what the impact might be on real estate investors plus the start of a conversation on some possible solutions.
Watch the video version of this class:
https://realestatefinancialplanner.com/impact-of-rapidly-rising-interest-rates-on-real-estate-investors/ Topics discussed in this class include:
* Interest rates have gone up rapidly recently.
* Is this the fastest we've seen rates rise? The most we've seen rates rise?
* Federal Funds Rate versus Mortgage Interest Rates
* Infographic of 35 Years of Interest Rate Hikes from VisualCapitalist.com
* Interest rates hikes and rate of change of the rate chart
* 30-Year Fixed Rate Mortgage Average in US
* What is the impact of rapidly rising interest ra…
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Sep 30, 2022
Throwback: Future Narrative Process™ for Metairie Real Estate Investors
Learn this advanced goal setting process for real estate investors called the Future Narrative Process (or Future Narrative Checklist).
This is a throwback recording from 2012 when James first taught the process live.
Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:
https://RealEstateFinancialPlanner.com/spreadsheet
Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.
Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Metairie real estate investor podcast? Book a free consultation to discuss.
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Sep 23, 2022
Overcoming Hurdles to Real Estate Investing - Part 6 of 6: Inner Game
Most real estate investors in Metairie, Louisiana face similar challenges, hurdles and obstacles:
* Where do I get my next down payment from?
* How do I overcome negative cash flow or improve the cash flow I have?
* How do I qualify for the best loans?
* How do I find what I'm missing (deals, dream team, partners, tenants)?
* How do I commit to achieving my real estate goals, get the courage to act despite fear, gain the capabilities I need or eliminate fears?
This class is broken up into 6 parts (published as separate episodes).
Topics discussed in this part include:
Part 6 of 6: Inner Game
* Making a Commitment to Being Successful
* Finding Courage to Follow Through on Your Commitment
* Building the Skills and Capabilities to Be Successful as a Real Estate Investor
* Overcoming Fear
This class was recorded to help real estate investors overcoming the hurdles, challenges and obstacles they face.
Watch the video version of this class:
https://realestatefinancia…
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Sep 16, 2022
Overcoming Hurdles to Real Estate Investing - Part 5 of 6: Finding What You're Missing
Most real estate investors in Metairie, Louisiana face similar challenges, hurdles and obstacles:
* Where do I get my next down payment from?
* How do I overcome negative cash flow or improve the cash flow I have?
* How do I qualify for the best loans?
* How do I find what I'm missing (deals, dream team, partners, tenants)?
* How do I commit to achieving my real estate goals, get the courage to act despite fear, gain the capabilities I need or eliminate fears?
This class is broken up into 6 parts (published as separate episodes).
Topics discussed in this part include:
Part 5 of 6: Finding What You're Missing
* Finding Deals
* Building a Dream Team to Support You
* Finding Partners
* Finding Tenants
This class was recorded to help real estate investors overcoming the hurdles, challenges and obstacles they face.
Watch the video version of this class:
https://realestatefinancialplanner.com/overcoming-hurdles-to-real-estate-investing/
Additional Classes Mentioned…
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Sep 9, 2022
Overcoming Hurdles to Real Estate Investing - Part 4 of 6: Qualifying for Loans
Most real estate investors in Metairie, Louisiana face similar challenges, hurdles and obstacles:
* Where do I get my next down payment from?
* How do I overcome negative cash flow or improve the cash flow I have?
* How do I qualify for the best loans?
* How do I find what I'm missing (deals, dream team, partners, tenants)?
* How do I commit to achieving my real estate goals, get the courage to act despite fear, gain the capabilities I need or eliminate fears?
This class is broken up into 6 parts (published as separate episodes).
Topics discussed in this part include:
Part 4 of 6: Qualifying for Loans
* Overcoming Income Challenges (and Debt-To-Income) to Qualify for Loans
* Overcoming Credit Challenges to Qualify for Loans
* Overcoming Loan Spot Limitations for Getting Loans
This class was recorded to help real estate investors overcoming the hurdles, challenges and obstacles they face.
Watch the video version of this class:
https://realestatefinancialplanner.co…
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Sep 2, 2022
Overcoming Hurdles to Real Estate Investing - Part 3 of 6: Negative Cash Flow
Most real estate investors in Metairie, Louisiana face similar challenges, hurdles and obstacles:
* Where do I get my next down payment from?
* How do I overcome negative cash flow or improve the cash flow I have?
* How do I qualify for the best loans?
* How do I find what I'm missing (deals, dream team, partners, tenants)?
* How do I commit to achieving my real estate goals, get the courage to act despite fear, gain the capabilities I need or eliminate fears?
This class is broken up into 6 parts (published as separate episodes).
Topics discussed in this part include:
Part 3 of 6: Negative Cash Flow
* Cash Flow = Income - Expenses
* Reduce expenses and produce more income
* Lowest Monthly Payment Guarantee™
* Maximum Cash Flow Guarantee™
* Strategies to Reduce Monthly Payments with Your Lender
* Strategies if You Own Other Property
* Strategies When Searching for Homes
* Strategies When Making Offers
* Strategies When You Own/Manage Properties
* S…
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Aug 26, 2022
Overcoming Hurdles to Real Estate Investing - Part 2 of 6: Down Payments
Most real estate investors in Metairie, Louisiana face similar challenges, hurdles and obstacles:
* Where do I get my next down payment from?
* How do I overcome negative cash flow or improve the cash flow I have?
* How do I qualify for the best loans?
* How do I find what I'm missing (deals, dream team, partners, tenants)?
* How do I commit to achieving my real estate goals, get the courage to act despite fear, gain the capabilities I need or eliminate fears?
This class is broken up into 6 parts (published as separate episodes).
Topics discussed in this part include:
Part 2 of 6: Down Payments
* Strategies to reduce the need for down payments and strategies to produce down payments, closing costs and reserves
* How to reduce the need for down payments
* No Down Payment Loans
* Creative Financing
Plus these sources of down payments:
* "Investment Cards" (aka Credit Cards)
* Security Deposit
* Maintenance Reserves
* Property equity (sell, refi, pledge)…
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Aug 19, 2022
Overcoming Hurdles to Real Estate Investing - Part 1 of 6: Introduction
Most real estate investors in Metairie, Louisiana face similar challenges, hurdles and obstacles:
* Where do I get my next down payment from?
* How do I overcome negative cash flow or improve the cash flow I have?
* How do I qualify for the best loans?
* How do I find what I'm missing (deals, dream team, partners, tenants)?
* How do I commit to achieving my real estate goals, get the courage to act despite fear, gain the capabilities I need or eliminate fears?
This class is broken up into 6 parts (published as separate episodes).
Topics discussed include:
Part 1 of 6: Introduction
What's preventing you from achieving your real estate goals? For this class, I break it down into 5 major categories
* Coming up with Down Payments (including closing costs and reserves)
* Overcoming Negative Cash Flow
* Qualifying for Loans
* Finding What's Missing
* Inner Game
Many of these topics have been their own 2-hour classes by themselves (and I'm sure I'll revisit them in…
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Aug 12, 2022
Rent and Price Resiliency for Real Estate Investors
How prepared are you for a drop in rent in Metairie, Louisiana? How prepared are you for a drop in property values (price) in Metairie, Louisiana? Rent Resiliency™ measures how much rent can drop before you have negative cash flow. Price Resiliency™ measures how much property values (price) can drop before you're upside down, underwater or have negative equity. Learn how to measure and evaluate your individual properties, entire portfolio or entire real estate investing strategy in terms of these measures of risk in this class recording.
Topics discussed include:
* What is resiliency?
* What is Price Resiliency™? What is Rent Resiliency™?
* The two flavors of resiliency: dollars and percent.
* Measuring resiliency on the individual property basis or the entire portfolio
* Measuring resiliency as a snapshot in time or over time
* Examples using over-simplified math:
* What happens when rents go up 10%, down 10% in two different portfolios?
* What happens when…
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Aug 5, 2022
Real Estate Investing Shocks!
Unexpected things while investing in real estate can be shocking! Find out the most common real estate investing shocks in Metairie, Louisiana and how to mitigate and/or elimiate them completely in this special class. Especially helpful for newer real estate investors that are not aware of some of the things that could go wrong while buying, selling and owning properties as a real estate investor in Metairie.
Topics discussed include:
* What are real estate investing shocks?
* Dan Sullivan says: If you've got enough money to solve the problem, you don't have the problem.
* Maybe these shouldn't be shocks...
* Your Shoe is Untied and How to Deal With Your Real Estate Investing Shocks
* Reverse Shocks - How Some Shocks Can Be Pleasant Surprises
* General Mitigation Principles for Dealing with Shocks
* The Importance of Reserves When Investing in Real Estate
* The Importance of a Wise Advisor to Guide You
* The Importance of Studying History for Real Estate Investors…
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Jul 29, 2022
Marketing to Find Off-Market Deals
Learn how to find off-market deals in Metairie, Louisiana. Especially helpful to find creative financing deals and fixer upper properties using marketing and other strategies.
Topics discussed include:
* How real estate investors find deals from The Millionaire Real Estate Investor book by Gary Keller et al
* Why Motivated Sellers? Creative Transactions and Fixer Upper Properties.
* Where are we in the _Real Estate Investor Daily Checklist_?
* 1-Step versus 2-Step Marketing
* The Importance of Being on the _Right Side of the Desk_
* Answering Service Questions and how to make an offer on the first call (to your answering service)
* How Much to Spend on Marketing Tests?
* Marketing Beliefs
* Sifting and Sorting to find the best deals
* Staying out of the Feast and Famine cycle
* Looking inside and outside the industry for the best marketing ideas
* Marketing Modeling Spreadsheet (download available)
* Target Profit
* Goals and Metrics
* Motivated Sellers…
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Jul 22, 2022
Real Estate Partnerships
A deep-dive into real estate partnerships including the 3 roles: deal maker/syndicator, money partner and loan partner in Metairie, Louisiana.
Includes a qualitative discussion of what real estate partnerships are and how to do them plus quantitative, numbers-based discussions showing how each partnership role might perform toward a goal of achieving financial independence.
Check out our real estate partnerships (and other real estate investing strategies) for Metairie, Louisiana:
https://RealEstateFinancialPlanner.com/model/LA/Metairie/
Topics discussed include the following for each partnership role:
* Money, credit and skills required
* The style of this strategy (investor/entrepreneurial)
* The stability and scalability of this strategy
* What is your risk exposure and profit speed doing this strategy
* Finding and analyzing deals including any direct marketing suggestions
* The best real estate market conditions for this strategy
* How accessible and available ar…
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Jul 15, 2022
Creative Financing and Real Estate Entrepreneurship
A deep-dive into creative financing strategies like owner financing, wrap financing, subject to, lease-options, lease-purchases, rent to own, lease to own, agreement for deed, contract for deed and loan assumptions in Metairie, Louisiana.
Includes a qualitative class discussing what the creative financing strategies are and how to do them plus quantitative, numbers-based discussions showing how creative financing strategies perform toward a goal of achieving financial independence.
Check out our creative financing modeling (and other real estate investing strategies) for Metairie, Louisiana:
https://RealEstateFinancialPlanner.com/model/LA/Metairie/
Topics discussed include:
* Money, credit and skills required
* The style of this strategy (investor/entrepreneurial)
* The stability and scalability of this strategy
* What is your risk exposure and profit speed doing this strategy
* Finding and analyzing deals including any direct marketing suggestions
* The best real estat…
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Jul 8, 2022
Quick Turn and Flipping Properties
A deep dive into the flipping properties strategy in Metairie, Louisiana.
Includes a qualitative class discussing what the quick turn and flipping properties strategy is and how to do it plus quantitative, numbers-based discussions showing how the strategy performs toward a goal of achieving financial independence.
Check out our flipping properties modeling (and other real estate investing strategies) for Metairie, Louisiana:
https://RealEstateFinancialPlanner.com/model/LA/Metairie/
Topics discussed include:
* Money, credit and skills required
* The style of this strategy (investor/entrepreneurial)
* The stability and scalability of this strategy
* What is your risk exposure and profit speed doing this strategy
* Finding and analyzing deals including any direct marketing suggestions
* The best real estate market conditions for this strategy
* How accessible and available are properties for this strategy
* Whether you can do this strategy with a retirement account
T…
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Jul 1, 2022
BRRRR Real Estate Investing Strategy
A deep dive into the Buy, Rehab, Rent, Refi and Repeat (BRRRR) strategy in Metairie, Louisiana.
Includes a qualitative class discussing what the BRRRR strategy is and how to do it plus quantitative, numbers-based discussions showing how the strategy performs toward a goal of achieving financial independence.
Check out our BRRRR modeling (and other real estate investing strategies) for Metairie, Louisiana:
https://RealEstateFinancialPlanner.com/model/LA/Metairie/
Topics discussed include:
* Money, credit and skills required
* The style of this strategy (investor/entrepreneurial)
* The stability and scalability of this strategy
* What is your risk exposure and profit speed doing this strategy
* Finding and analyzing deals including any direct marketing suggestions
* The best real estate market conditions for this strategy
* How accessible and available are properties for this strategy
* Whether you can do this strategy with a retirement account
This class was recorde…
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Jun 24, 2022
House Hacking Real Estate Investing Strategy
A deep dive into the strategy of house hacking in Metairie, Louisiana.
Includes a qualitative class discussing what the house hacking strategy is and how to do it plus quantitative, numbers-based discussions showing how the strategy performs toward a goal of achieving financial independence.
Check out our house hacking modeling (and other real estate investing strategies) for Metairie, Louisiana:
https://RealEstateFinancialPlanner.com/model/LA/Metairie/
Topics discussed include:
* Money, credit and skills required
* The style of this strategy (investor/entrepreneurial)
* The stability and scalability of this strategy
* What is your risk exposure and profit speed doing this strategy
* Finding and analyzing deals including any direct marketing suggestions
* The best real estate market conditions for this strategy
* How accessible and available are properties for this strategy
* Whether you can do this strategy with a retirement account
* We discuss both long-term te…
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Jun 17, 2022
Nomad™ Real Estate Investing Strategy
A deep dive into the strategy of buying rental properties utilizing the Nomad™ real estate investing strategy in Metairie, Louisiana.
Includes a qualitative class discussing what the Nomad™ strategy is and how to do it plus quantitative, numbers-based discussions showing how the strategy performs toward a goal of achieving financial independence.
Check out our Nomad™ modeling (and other real estate investing strategies) for Metairie, Louisiana:
https://RealEstateFinancialPlanner.com/model/LA/Metairie/
Topics discussed include:
* Money, credit and skills required
* The style of this strategy (investor/entrepreneurial)
* The stability and scalability of this strategy
* What is your risk exposure and profit speed doing this strategy
* Finding and analyzing deals including any direct marketing suggestions
* The best real estate market conditions for this strategy
* How accessible and available are properties for this strategy
* Whether you can do this strategy wit…
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Jun 10, 2022
Buy and Hold Real Estate Investing
A deep dive into the strategy of buying income producing rental properties to buy, hold and rent out in Metairie, Louisiana.
Includes a qualitative class discussing what the strategy is and how to do it plus quantitative, numbers-based discussions showing how the strategy performs toward a goal of achieving financial independence.
Check out our buy and hold modeling (and other real estate investing strategies) for Metairie, Louisiana:
https://realestatefinancialplanner.com/model/LA/Metairie/
Topics discussed include:
* Money, credit and skills required
* The style of this strategy (investor/entrepreneurial)
* The stability and scalability of this strategy
* What is your risk exposure and profit speed doing this strategy
* Finding and analyzing deals including any direct marketing suggestions
* The best real estate market conditions for this strategy
* How accessible and available are properties for this strategy
* Whether you can do this strategy with a retirement a…
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Jun 3, 2022
Real Estate Investing Strategies
James walks you through all the different real estate investing strategies available to real estate investors and real estate entrepreneurs in Metairie, Louisiana.
This was a live class recorded to give investors a solid qualitative overview of all the different real estate investing strategies.
Watch the video version of this class and download the handouts from the live in-person version:
https://realestatefinancialplanner.com/real-estate-investing-strategies-class/
Additional Resources
The following are additional resources mentioned in the class recording:
* How to Acquire a Multi-Million Dollar Real Estate Portfolio Starting with Just $3,000 - Recording of class on using the Nomad™ real estate investing strategy with lease-option exits to virtually eliminate the need for down payments when investing.
* How to Sell Your Home in 5 Days - Book by Bill Effros about using the auction strategy to sell your home in 5 days.
* Is Nomad™ Dead? - Recording of class about ho…
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May 21, 2022
An Intro to Buy and Hold Real Estate Deal Analysis
James walks you through all the inputs for the rental property calculator, The World's Greatest Real Estate Deal Analysis Spreadsheet™, for analyzing cash flow on buy and hold properties in Metairie, Louisiana.
This was a live class recorded for buy and hold real estate investors.
Watch the video version of this class and download the handouts from the live in-person version:
https://realestatefinancialplanner.com/an-intro-to-buy-and-hold-real-estate-deal-analysis/
Additional Resources
The following are additional resources mentioned in the class recording:
* Establishing Your Buying Criteria Workshop - Recording of workshop on how to establish your own personal buying criteria.
* The Ultimate Guide to Private Mortgage Insurance - Recording of class about private mortgage insurance for real estate investors.
* The Ultimate Guide to Rent Comps - Recording of class about how to determine rent comps for buy and hold real estate investors.
* 8 Money Saving, Risk Reducing…
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