Nomad™ Real Estate Investing Podcast

Real Estate Investor Story about Peter from Denver evaluating the chance of successfully achieving financial independence with 5% down payments, 20% down payments or 25% down payments when in a variety of market conditions using the Cash Flow Power Meter™.

Real Estate Investor Story about Peter from Denver evaluating the impact of variable stock market returns, random price appreciation and random rent appreciation when investing with 20% down payments.

Real Estate Investor Story about Peter from Denver trying to evaluate whether he should save up 20% down payments, 25% down payments or do the Nomad™ real estate investing strategy and save up 5% down payments for acquiring rental properties.

Real Estate Investor Story about Anthony working in grocery store, saving his pennies for financial independence someday. He decides to invest in real estate in Hackensack, NJ with extremely high property taxes by Nomading™.

Learn about James' latest tool for visualizing cash flow on a property at a glance: The Cash Flow Power Meter™.https://realestatefinancialplanner.com/cash-flow-power-meter/

Real Estate Investor Story about professional salesman Sam who double down on his sales skills and uses them to achieve financial independence with creative real estate investing.

Real Estate Investor Story about plain Jane investing 15% of her income in the stock market as she seeks financial independence.

Real Estate Investor Story about "Bad Luck" Bobby who starts investing as a Nomad™ just at the peak of the real estate market as it begins to go against him.

Real Estate Investor Story about Andrea and how she plans to buy 8 rental properties with just 2 down payments utilizing the Nomad™ real estate investing strategy as a single mother after a stressful divorce.

James released the brand new ROIQ+R™ as well as RIDQ+R™, ROEQ+R™ and related concepts.

In this class, James runs you through the entire Real Estate Investor Buying Process Overview including info about the first meeting with your real estate agent, what you need to do before you go look at properties, what to do at showings, writing offers, contract to close, closing and the relationship after closing.https://realestatefinancialplanner.com/real-estate-investor-buying-process-overview-2020-edition/

Covered in this episode:COVID-19 Update and Rental Property Delinquency UpdateNot Just Down Payment… Down Payment + ReservesTwo Approaches to Down Payments: Reduce (the need for down payments) and Produce (the needed down payments)Price and a discussion of Gary Keller's “Be In The Middle of the Market” chart from The Millionaire Real Estate Investor bookDealing with strong seller's markets, above market offers, weakening appraisal and inspection terms for the buyer and how it relates to down paymentsNothing down financing strategies including loans types and when to use each oneProducing down payments including discussions of:“Investment Cards” (aka Credit Cards)Security DepositMaintenance ReservesProperty equityDepreciationRetirement AccountFamily Members (Legacy Nomad™)Sell stuff you don’t need or wantSavingFrom regular job, part-time, extra job, business to fund your retirement (or build your fortune)PartneringRents (including House Hacking)Lease-Option FeesThe most desirable strategies for producing down payments and ones I don't recommend (even if they are listed above)Alternate uses for down paymentsHow much should you put downHow to Acquire a Multi-Million Dollar Real Estate Portfolio with Less than $3,000 class recordingAnd much more…Watch the video of the class here:https://realestatefinancialplanner.com/how-to-get-down-payment-2020-edition/

A lot of folks get excited about the "sexy" real estate topics... stuff about buying a gazillion dollars worth of real estate, starting with no money, in 3 seconds and no prior experience. We've got classes sort of like that... less hype... but still sexy.But that's not this class.Because in addition to the sexy topics, you need the meat-and-potatoes, how-to, real practical stuff to actually do the real estate investing.That's this class on Seller's Property Disclosures, SPDs for short.I know... I know... I know... you're thinking... how interesting or good could a class on SPDs be? Fair question, but I will tell you this... it is AMAZING.Here's just a small sample of what you're going to walk away knowing...1. Should I fill an SPD out if I'm a seller? What if I've never lived in the property? And, does this even matter? Hint: it might only matter if you have assets (or might in the future) and you're concerned about being sued... but maybe that's not you... I don't know.2. Will I find out if a property was psychologically stigmatized? Human sacrifices in the basement, satanic rituals, suicides, homicides, regecides, sororicides, xenocides, HIV, coronavirus?3. What does a seller need to disclose? What are adverse material facts exactly? And, if you don't know the definition... that ain't an excuse if you're standing in front of a judge about to get smacked down! Can't I just discuss it with my agent?4. When should I get a copy of the SPD? Should I use it before I look at properties? During the showing? During the inspection? After? All of the above? None of the above? How should I use it?5. What are some sneaky things you should do to make sure you are getting FULL disclosure... or as close to it as you can when buying a property... even from previous sellers?Plus, a whole bunch more.If you thought... SPDs... yes... I'll skip that... to quote Vivian from Pretty Woman... "Big mistake.... HUGE!"https://realestatefinancialplanner.com/sellers-property-disclosure-case-studies-2020-edition/

In this special class recording, James (and Brian) go over everything you need to know from when you go under contract to buy a property up to closing.https://realestatefinancialplanner.com/contract-to-close-2020-edition/

James and Brian tackle topics too important not to teach but too small to be their own stand alone class in what is said to be Arguably the Best Class of the Year - Part 5.Topics covered in part 5 include:Historical rent appreciation rates by JamesShould I Roll Landscaping into My New Construction Purchase? by JamesWhy Every Real Estate Investing Spreadsheet Is Wrong! by JamesWhat Should I Use For Maintenance In My Deal Analysis Spreadsheet? by Brianhttps://realestatefinancialplanner.com/arguably-the-best-class-of-the-year-part-5/

James gives an updated version of his now famous "Strategies to Get the Lowest Monthly Payment When Buying" class. James used to offer his Lowest Monthly Payment Guarantee™ to clients buying properties with him as their real estate broker. Now, you can learn the same strategies in this class.https://realestatefinancialplanner.com/strategies-to-get-the-lowest-monthly-payment-when-buying-2020-edition/

Brian walks you through how to analyze multi-family properties in this special, extended episode.https://realestatefinancialplanner.com/analyzing-multi-family-properties/

Learn everything you need to know as a real estate investor to close on your first (or next) real estate deal. James dives deep into the real estate closing including covering what to do before closing, the closing of the real estate portion of the transaction and the closing of the loan. Plus, what to do immediately after closing.https://realestatefinancialplanner.com/closing-real-estate-deals-2020-edition/

For this workshop, download a copy of the Buying Criteria Worksheet and follow along as James walks you through creating your own real estate investing buying criteria.https://realestatefinancialplanner.com/establishing-your-buying-criteria-workshop/

Should you pay extra to buy down your interest rate or is that pissing away hard-earned money? Find out this and a whole lot more in this special class on buying down your interest rate for real estate investors.For more info and to access the spreadsheet go to:https://realestatefinancialplanner.com/buying-down-interest-rates-2020-edition/