Episodit

  • Learn the secrets of asset protection for Ontario real estate investors.

    This class is Module 9 of 46 in a series called Real Estate Investing Secrets.

    Topics covered in this module include:

    My top 10 asset protection tips for real estate investors that you’d be a fool to ignore.The importance of getting bespoke legal advice and why you should never rely on free advice from articles, classes, podcast episodes and forum discussions for your unique situation.What happens if someone sues you when you own a rental property... understanding your risks. What if you own more than one property? How does this change when you own the property in an LLC? What happens if the tenant “wins” the lawsuit?What’s a common setup that asset protection attorneys might recommend for real estate investors... maybe even recommend for you?What might real estate investors utilizing the Nomad™ real estate investing strategy progress through for asset protection... plus the downsides.Why language like “sharks don’t get cancer” can be dangerous for real estate investors and the importance of critical thinking.Why you should never rely on your adversaries being incompetent as an asset protection strategy.What exactly does the “Due on Sale” clause say? You’ll finally read it and understand what it says because I’ll read it to you and discuss it.Why “I’ll just transfer it back” is not a viable strategy if a lender enforces the due on sale clause... I’ll read you the section where this applies too.An introduction to the risk matrix... which you’ll learn more about in the risk module.A clever way to use insurance premiums as a proxy for measuring how risky something is.Evaluating the cost and value you get from auto insurance, property insurance and umbrella insurance for asset protection with actual insurance numbers.Just how risky doing your own work as a handyman/contractor on your rental properties is... with numbers to back it up.Why it is important to realize that you don’t know what you don’t know to properly deal with asset protection for real estate investments.How property equity relates to how much asset protection you need... and what may be a controversial conclusion.The importance of not doing stupid stuff.Plus much more...

    Check out the video and additional resources related to Secrets of Asset Protection.


    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 Ontario real estate investor podcast? Book a free consultation to discuss.

  • Learn the secrets to hiring and managing a property manager in Ontario.

    This class is Module 8 of 46 in a series called Real Estate Investing Secrets.

    Topics covered in this module include:

    A small tweak to your mindset around renting your property that will change all aspects of your property management... for the better... to make it easier, to lower risk, and improve profitability.How do you find a quality property manager you can trust to handle your valuable assets?Should you go with a one person “mom and pop” superstar as a property manager or a team?A warning sign that your property manager will have a hard time being “firm but fair” with your tenants and advocate on your behalfA detailed list of property manager interview questions...What’s one thing that you should insist your property manager has and why?What are typical property manager services offered and what is more unusual, niche offerings that you may (or may not) be able to easily find?What are the primary and secondary profit centers and fees charged by property managers?What does a typical property manager charge? And, what additional gotcha fees might there be?How do you determine their leasing policy? And, what should you insist on?What is the property manager’s walkthrough policies and what is recommended?How do property managers enforce occupancy limits and how this can save some real estate investors $1,000 per day per person in fees/fines!How does a property manager address tenant qualifications for screening? And, a list of questions to ask them to limit risk, reduce vacancies and evictions and improve profitability in your properties.How much do property managers charge tenants? And, how does that work with the owners?How do property managers deal with maintenance on your properties and how can this be a profit center for them?How do property managers deal with service animals, emotional support animals and pets?How will your property manager disburse rents collected? When? How frequently?When does your property manager start marketing your property for rent to minimize vacancy, maximize rent and reduce risk?How do property managers deal with evictions and the fees associated with them?How do property managers deal with collections when a tenant can’t pay?The ridiculously insane way that some property managers deal with late fees... and what you might do about it.How do property managers deal with rent comps before you buy properties and after they’re managing the property?What if things don’t work out? How do you exit out of a property management agreement?A “gotcha” with hiring a property manager that can cost you upwards of tens of thousands of dollars per property—and a lot more on expensive properties—if you don’t deal with it appropriately.How does your property manager add an additional layer of asset protection to real estate investors? And, what else do they do to reduce your risk and liability exposure?Plus much more...

    Check out the video and additional resources related to Secrets of Hiring and Managing a Property Manager.


    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 Ontario real estate investor podcast? Book a free consultation to discuss.

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  • Learn how to overcome tenant challenges in Ontario.

    This class is Module 7 of 46 in a series called Real Estate Investing Secrets.

    What do you do when you experience the inevitable tenant challenges like:

    Tenant not paying rentTenant’s check returned for non-sufficient fundsTenant makes late paymentTenant breaks leaseTenant provides partial paymentRoommates break leaseRoommate issues/conflictsTenant not maintaining propertyReceive city ordinance violationTenant does not vacate property after lease expires (tenant holdover)Bed bugs in propertyReceive HOA violation noticeReceive noise violation noticeTenant dispute with neighborAutomobile violationPet violationOccupancy violationMaintenance request on propertyDisputed damage deposit

    Plus much more...

    Check out the video and additional resources related to Secrets of Overcoming Tenant Challenges.


    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 Ontario real estate investor podcast? Book a free consultation to discuss.

  • Learn the secrets to buy and hold real estate investing in Ontario.

    This class is Module 6 of 46 in a series called Real Estate Investing Secrets.

    Topics covered in this module include:

    What are the different variations of the buy and hold real estate investing strategy? Variations based on down payments? Variations based on property types purchased? Variations of rental duration and niche business models?What are the most common ways to finance buy and hold real estate investments? And what are some of the more unusual ways?Is buy and hold real estate investing typically an active or passive investment?How long do you typically hold buy and hold real estate investments? And, why might you change that?How do you typically exit a buy and hold real estate investment? How does your buyer typically finance the purchase when they buy from you?Is buy and hold real estate investing typically for real estate investors or real estate entrepreneurs… and what’s the difference?How much money is typically required to invest in buy and hold real estate? What are some of the less common money requirements?What credit is required to utilize the buy and hold real estate investing strategy? And, what are some less common credit-related requirements?What are the 4 primary skills required for buy and hold real estate investors? And, how does one of those skills vary depending which strategy you’re utilizing.Is buy and hold real estate investing actively or passively stable? And, what does that means in terms of the entire business blowing up in your face?How scalable—in terms of net worth—is the buy and hold real estate investing strategy? What level of net worth is it typically associated with?What is your risk exposure with the buy and hold real estate investing strategy? What are some of your risks? How does that increase with certain sub-strategies?How quickly do you make money with buy and hold? What amount of money do you make at that interval?How does one typically find deals as a buy and hold real estate investor? What are some of the more unusual ways to find deals?What do you use to analyze buy and hold real estate investments and where to get a copy of the spreadsheet you need… for free?What are the ideal market conditions for the buy and hold real estate investing strategy and what is a challenging market to utilize this strategy in?How accessible or available are viable buy and hold real estate deals?Can you utilize your retirement money to invest in buy and hold real estate investments?Plus much more...

    Check out the video and additional resources related to Secrets of Buy and Hold Real Estate Investing.


    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 Ontario real estate investor podcast? Book a free consultation to discuss.

  • Learning how to correctly manage properties is a critical skill for landlords.

    This class is Module 5 of 46 in a series called Real Estate Investing Secrets.

    Topics covered in this module include:

    What should you be doing to document the condition of the property before the next tenant takes possession?The one free thing that few landlords do that could save you thousands of dollars from an unscrupulous tenant.What is the risk-reduction significance of having matching photos of before and after?What reminders should you be sending the incoming tenant before they start renting your property?What is the best practice for how do you deal with a tenant moving in mid-month?What’s the one critically important thing we must do with the security deposit and first month’s rent we collect from the tenant?What day should the new tenant’s utilities start?What else do we give tenants prior to moving in that we expect them to have done prior to move-in?A little management trick you can use that gives us a break the morning the tenant’s moving in.What should you lease say about the move-in inspection form to significantly reduce your risk?What does a move-in inspection form look like? And, what should it say?What obligations does the tenant have to you… as the landlord the first week moving into the property? What do you do if they fail to provide it to you after 5 days?How do we address pest control issues with a property a tenant has just moved into?What’s one thing we insist tenants do in the lease and require they provide proof of when they move in?What should you be doing for the tenant in the first month? And, why do some landlords prefer to do this every month?What’s one little reminder for the tenant that can save you thousands in repair costs?When should you inspect a property? How do you deal with lease violations if you discover them?What should you be doing 90-120 days prior to the current lease expiration date?How do you differentiate between renewal rent rates and fair market rents? And, how do you deal with this discrepancy?What should you be doing 60-90 days prior to the current lease expiration date?See an example of a lease extension, why I personally recommend not using one and what to do instead.What do you do if the current tenant is not renewing their lease?An example of a move-out checklist? What should you include in yours?What should be the very first thing you do when taking possession of the property from a tenant at the end of their lease?What must you do to avoid having to pay a tenant 3 times their security deposit?What should you have in every tenant file?Plus much more...

    Check out the video and additional resources related to Secrets of Property Management.


    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 Ontario real estate investor podcast? Book a free consultation to discuss.

  • Tenant screeing... an important, but often overlooked skill. If you're going to manage properties yourself in Ontario, you're going to need to know how to screen tenants.

    This class is Module 4 of 46 in a series called Real Estate Investing Secrets.

    Topics covered in this module include:

    What are the 5 steps in the property management process?What 10 things should you always check—and why—when preparing a property to rent?The Tenant Screening Process... in 5 easy steps.How to think about renting your property to get in the right mindset.Why you should be deliberately charitable... if you choose to be charitable... outside your rental property business.How does the initial call with your prospective tenants set the tone for your entire relationship?How to define the landlord-tenant relationship.What is it important to answer your phone when marketing to find tenants and what this says about how your tenants are likely to respond to you as a landlord.Why is it critically important to screen tenants on the first call and to not meet unqualified prospective tenants at your property?The magic words for getting a tenant to open up to you on the phone with your questions.What are the 10 critical initial screening questions to ask tenants on the phone before scheduling a time to meet them at the property?What are the different ways to show tenants your property?How should you prepare for showing the property to prospective tenants and why the first thing is critically important if you want to be paid on-time from your tenants?How to show the property to your tenants... and the one thing at the showing that will clearly demonstrate to you how your tenants are likely to take care of your property.The counter-intuitive secret to following up with tenants after showings...How to collect an application from tenants... especially if you’re not going to pay for a web-based service.What must you require from your applicants to be able to process their application... and how to deal with a tenant not having everything.The critical things you need to double check as you accept the application to process... and what to do if the tenant comes up short.Who provides an application and application fee... and why?How to get tenants to only apply to your property when considering other properties.The critical things you must get from your tenant—beyond security deposits and first month’s rent—to help protect you and help ensure you get paid.How do you deal with a tenant that provides incorrect (false) information on an application?How do you get an application and paperwork to use for your rental business?The one thing you need to do to avoid hefty fines, lawsuits and possible jail time.A surprising perspective on something that affects over 65 million Americans, but could open you up to liability, lawsuits, and possible jail time... and how you should properly deal with it.Tips and best practices for working with disabled applicants, service animals, emotional support animals and more.A powerful, inexpensive strategy to uncover bad apple tenants before you rent to them.Example application evaluation criteria and why it is critically important to use written, objective criteria when approving an applicant.A sneaky little way to get an informal co-signor on your tenants voluntarily to increase the odds of you getting paid if your tenant is unable to pay.Examples of common application criteria overrides and how you might handle them... and one that I’d encourage you to make an automatic disqualification.An example reservation deposit agreement, how to use it and when to use it.How do you notify tenants when they’re approved? When they’re not approved? When MUST you—by law—send them a letter telling them they’re not approved?How do you deal with tenant screening on a property you’re buying with an existing tenant?Plus much more...

    Check out the video and additional resources related to Secrets of Tenant Screening.


    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 Ontario real estate investor podcast? Book a free consultation to discuss.

  • If you're going to manage properties yourself in Ontario, you're going to need to know how to do the marketing to find tenants.

    This class is Module 3 of 46 in a series called Real Estate Investing Secrets.

    Topics covered in this module include:

    The 6 “Property Management Mastery” modules included with this course.How to change your thinking about renting a property to a tenant that can improve your marketing and tenant screening.How early should you start marketing your property for rent? Why start then? What are the advantages? And, what must you do if you cannot start then?A Comprehensive Tenant Marketing PlanHow do you deal with marketing for a tenant when purchasing a property to rent immediately?What are Fair Housing laws and why are they critically important for you to understand and follow them as a landlord?Do you need to do all the marketing we suggest? What if you could only do 1 thing? 2 things? 3 things? Includes a discussion of the Pareto Principle (80/20 Rule).The top marketing sites for marketing your property for rent.To syndicate or not? A brief discussion.The importance of spying on your competitors and what specifically to look for and how to utilize what you discover.What to include in your ad? And, how to think about your marketing.Why hiring a professional photographer… even if you have an amazing camera on your phone… is strongly encouraged and the unexpected reasons behind this suggestion. Examples of amateur versus professional photos.How to increase the quantity of your tenant leads. How to increase the quality of your leads. When to use each strategy in your business.What’s one thing you need to include in your ad and understand for each step in your tenant screening process?How to utilize yard signs and directional signs to generate tenant leads.What should you use YouTube for when marketing for tenants? And, how to do it.What should you do with flyers for your rentals?How to use postcards to neighbors and when do we typically use them when marketing properties?How do we suggest using Facebook for marketing your properties?A method to market your property that may or may not be available in your market, but why you should use it if it is available.What are the rare circumstances where we’d utilize Open Houses to fill rental vacancies?When should you create, maintain and use a Buyer’s List when marketing properties?Plus much more...

    Check out the video and additional resources related to Secrets to Marketing to Find Tenants.


    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 Ontario real estate investor podcast? Book a free consultation to discuss.

  • Having a solid understanding of historical market stats is important for investing in real estate in Ontario.

    This class is Module 2 of 46 in a series called Real Estate Investing Secrets.

    Topics covered in this module include:

    Should you try to “time the market” using data to increase profitability?How much are properties selling for? Do property values always go up? How much have properties gone up per year since 1965? What would your annual ROI be on a property using that appreciation rate if you put 20% down as an investor or 5% down as a Nomad™ or house hacker?If we adjust for inflation, how much have properties goes up in value per year? Why is this not a truly apples to apples comparison and what can we do about it?What would a typical owner-occupant primary residence rent for? How has that changed since 1975? What is the rent equivalent appreciation rate over that period? And, why is that not a fair and valid comparison?What’s one measure of housing affordability? And, does it prove houses are less affordable today than they were between now and 1980?What are new construction properties selling for? How has that changed since 1960?How many new single-family homes are for sale in the US now and going back to 1960? How many have sold? What can we determine from this?What’s a stat that combines both the supply of properties for sale and the demand for properties into one powerful single number? How do we interpret that stat? How has it changed between 1960 and now?How many properties are occupied by owner-occupants? How many by rents? How has this number changed between now and 2000?What percentage of properties are vacant and for sale? What percentage are vacant and for rent? How has this number changed between 1960 and today? How does this relate to your estimated vacancy rate on my personal rental properties?What have 30-year fixed rate mortgage interest rates done between 1960 and today? How does that impact you as investor today? Why is this a perfect example of desirably asymetric risk and how to utilize it as a real estate investor?What have typical mortgage origination fees and discount points been since 1960 through recent times? How does this directly impact you as a real estate investor today?What percentage of households in the US are homeowners? How has that changed since 1960 through today? What does that mean for us as real estate investor landlords?What is the median household income in the US—adjusted for inflation? And, how has that changed since 1980?What percentage of household disposable income is spent on debt service and, separately, how much is spent on mortgage debt? How to think about this? How does this strongly play into favor for real estate investors that hold properties and mortgages for long periods of time?How much equity do US households have? What percentage of property do they have as equity and how has that changed since the 1950s. Can we see as our nation’s philosophy on housing debt has changed over the last 70+ years? What is our current position on property equity?How have home prices changed (adjusting for inflation and not)? How often have property values declined year-over-year? How frequently—and by how much—have property values increased? What lessons can we—as real estate investors—take away from that to help us make better decisions?A discussion of a great chart by John Wake showing how the amount you can borrow while keeping a $1,000 per month mortgage payment changes with interest rates over time.How does the cash price, the inflation adjusted cash price and the monthly mortgage payment price of a property compare to a property in 1990 for all months through 2024? What lessons—as real estate investors—can we draw from this to make better investment decisions?How has per capita (per person) personal income in the US changed from 1990 through 2022?How many single family homes and apartments (5+ units) have we been completing each month since the mid 1960s through today? Why might this be a really good early signal depending on your desired real estate investing strategy?How many houses are completed by region of the US?What is a great way to measure how swiftly a real estate market is moving? What’s normal? What do we see every year? What do we see over time?How many times is a typical house marketed for sale shown? How has that changed over time? What are we seeing now?How have rents been changing? What is normal? What are we seeing lately? How does rent impact cash flow and why is this to our significant advantage as real estate investors?Plus much more...

    Check out the video and additional resources related to Secret Market Stats.


    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 Ontario real estate investor podcast? Book a free consultation to discuss.

  • Having a deep understanding of the 7 key real estate investing strategies is critically important for your success as a real estate investor in Ontario.

    This class is Module 1 of 46 in a series called Real Estate Investing Secrets.

    Topics covered in this module include:

    The 7 ways to invest in real estate… plus 2 more bonus strategies that we don’t coverWhich strategies are great for investing with little or no down payment?Which strategies are great for generating immediate money in your pocket?Which strategies require you to find less-than-common deals in many real estate markets?Why real estate investing is usually get rich slow and what to do about it in the meantime?A special technique—that can be applied to just about all the strategies—that will allow you to overcome just about any deficiency or weakness you’re currently experiencing in your current real estate business— deals, people to run the projects, down payments or financing abilityThe 6 ways we primary categorize and group real estate investing strategiesPlus, the 12 additional—some would argue even more important—ways we categorize, group and organize real estate investing strategiesWhat are the 8 ways we finance real estate strategies when buying? And, how does that change when we sell properties?How a story about an alligator in the sewers of NYC helps us understand where to find our most interesting real estate deals?What are all the different channels (sources) of real estate deals for all of our strategies?What’s the difference between actively and passively holding real estate?What are the top channels for exiting real estate deals? Which do we hope to never use?Plus much more...

    Check out the video and additional resources related to Secrets of the 7 Ways to Invest in Real Estate.


    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 Ontario real estate investor podcast? Book a free consultation to discuss.

  • There's a risk to just about everything in life... including investing in real estate.

    One risk that some real estate investors fear is the risk of buying a property having missed important, expensive issues with the property during the inspection period.

    In this class, James will discuss the risk of investing in real estate and specficially the risks associated with missing things on inspection.

    Topics covered in this class include:

    The 3 primary ways to limit your exposure during the inspection period when buying a propertyHow to hire a quality home inspectorWhat your typical recourse is on a home inspector missing something on an inspectionOne little thing you can and should do on every property purchase—especially for new real estate investorsWhen a home inspector is not enough and what to do about itThe one thing most real estate investors—especially experienced investors forget to do—that could save them money and headaches later related to the inspection reportA special tip if you negotiate a seller to complete repairs based on what you find during your inspection that could prevent a catastropheA list of the most common inspection issues you’re likely to run into if you buy enough propertiesA secret about seller property disclosures that few people—even real estate professionals—know about that could prevent you from making a very costly mistakeHow to use your inspection and seller property disclosures to better plan for your capital expenses combined with the downloadable CapEx Estimator for Rental Property - Basic and the CapEx Estimator for Rental Property - AdvancedWhy you should always walk the property right before closingAnd what can you do if you missed something on inspection?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 Ontario real estate investor podcast? Book a free consultation to discuss.

  • If you're going to put less than 20% down when buying a property, the lender is likely to require that you pay private mortgage insurance (PMI) to protect them in case you default on the loan.

    This usually applies to Nomads™, house hackers, and investors putting 15% down to acquire non-owner-occupant properties.

    There are 3 ways to pay PMI:

    MonthlyGet the lender to pay it by raising the interest rateOne-time, upfront, lump sum

    But of those three options, which gives you the best return in dollars?

    Which gives you the best return on investment?

    Find out in this class.


    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 Ontario real estate investor podcast? Book a free consultation to discuss.

  • There's a risk to just about everything in life... including investing in real estate.

    One risk that some real estate investors fear is that rising mortgage interest rates will:

    Increase their mortgage payment and therefore hurt cash flow, orThe rising mortgage interest rates will lower affordability and demand for properties, and therefore the value of properties they own will decline.

    In this class, James will discuss the risk of investing in real estate and having mortgage interest rates rise, and how to mitigate or completely eliminate the risk.

    Topics covered in this class include:

    Historical perspective on mortgage interest ratesThe challenge with Recency Bias for real estate investorsCurrent mortgages at various interest ratesThe Mortgage Interest Rate Confidence Meter™ and how likely it is that you'll be able to get a certain interest rateThe two big fears around rising mortgage interest rates for real estate investorsHow to completely avoid the impact of interest rates on your cash flowWhy balloons are for clowns and not real estate investorsWhat to do about buying more properties in a high property price, high mortgage interest rate, and lagging rent environmentPlus 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 Ontario real estate investor podcast? Book a free consultation to discuss.

  • In this special class about the dangers, risks and warnings of investing in real estate:

    The #1 fear that keeps potential landlords and new real estate investors up at night!Expert insights on why this fear is more common among inexperienced landlords and investors in challenging real estate markets.Real-life horror stories of tenants causing significant damage and expensive repairs - and how to avoid falling victim to it.Proven strategies to select reliable tenants through thorough improved tenant screening criteria and process.The surprising role your potential tenant's cleanliness plays in predicting how they will treat your property.How to obtain positive landlord references and why checking with previous landlords is crucial for accurate tenant assessment.Uncover the red flags of tenant screening, including the absence of references, and save yourself from potential disasters.Gain valuable insights into the importance of maintaining the foundation of your property and other unintentional structural damage from tenants.Learn how to effectively communicate with tenants about property maintenance and inspire them to take care of your investment.Discover the secrets of investing in the right type of real estate market to maximize your profits and minimize risks.Inside tips on dealing with theft and vandalism by tenants, and navigating insurance policies to recover losses.Learn the art of property inspection and what signs to look for in a potential tenant's current residence to predict their treatment of your property.Expert advice on when to hire a property manager and when to take matters into your own hands.Plus, much more invaluable knowledge and expert advice to help you navigate the risks and succeed in real estate investing.

    Don't miss out on this informative class and unlock the secrets to protecting your properties and maximizing your real estate investments.


    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 Ontario real estate investor podcast? Book a free consultation to discuss.

  • Interested in learning how to analyze deals using The World's Greatest Real Estate Deal Analysis Spreadsheet™? Specifically, do you need to know how to analyze a deal purchased with an interest-only loan?

    In this special deal analysis, you will:

    Discover the secret strategy for analyzing the purchase of a rental property with an interest-only loan that can dramatically boost your cash flow.Unveil the power of making extra principal payments on interest-only loans and how it can improve your ROI.Get exclusive access to a step-by-step walkthrough using The World's Greatest Real Estate Deal Analysis Spreadsheet™ to evaluate your property investments.Learn how to calculate the *Cash Flow from Depreciation™* and leverage it to maximize your tax benefits.Gain insights into essential expenses to consider in your analysis.Uncover the hidden costs of rent-ready expenses and how factoring them into your investment can give you a more accurate ROI.Unleash the potential of the number one resource for analyzing real estate deals and take control of your financial future.Obtain insider tips and tricks directly from the creator of *The World's Greatest Real Estate Deal Analysis Spreadsheet™* and elevate your property analysis game.

    Don't miss out on this opportunity to master the art of analyzing real estate deals, even with interest-only loans, and unlock the path to financial success.

    Or, check out the deal analysis example for Ontario, California:

    Deal Analysis and Modeling for Ontario


    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 Ontario real estate investor podcast? Book a free consultation to discuss.

  • Life has risks. Investing adds new risks. Investing in real estate adds new risks specific to real estate investing.

    One risk that is unique to real estate investing is the risk of buying a stigmatized property or having a property become stigmatized while you own it.

    In this class, James will:

    Uncover hidden gems in the real estate market and turn them into profitable investments.Learn how to leverage the power of stigmatized properties to create buying opportunities that others overlook.Discover the secrets to mitigating the risks associated with emotionally stigmatized real estate assets.Gain insights on dealing with crime scenes, haunted houses, and homes with a stigmatized history to maximize your returns.Get exclusive strategies for navigating divorce homes and properties with mold or hazardous material problems.Don't miss out on the chance to master the art of investing in stigmatized real estate and unlock hidden treasures.Take control of your real estate investment journey and eliminate the fear of stigmatized properties with expert tips and tactics.Be the investor who dares to tread where others hesitate and reap the rewards of your courage in the real estate market.Plus much, 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 Ontario real estate investor podcast? Book a free consultation to discuss.

  • Real Estate Investing Through Massive Foreclosure Periods

    Join us for an exclusive episode of the REFP podcast, focusing on "Real Estate Investing Through Massive Foreclosure Periods." In this enlightening episode, you'll dive into the following insights:

    Discover the secret to making money during economic downturns, a strategy that can set you apart from the crowd.Learn how to attract a specific group of unaffected renters for maximum cash flow, a targeted approach for consistent income.Uncover the extreme strategy of upgrading entire blocks or neighborhoods for massive returns, a visionary move with enormous potential.Understand how to measure Rent Resiliency™ and Price Resiliency™ to safeguard your property portfolio, vital skills for enduring market fluctuations.Explore the cutting-edge Real Estate Financial Planner™ software for optimized investment decisions, a tool that can elevate your investment game.Find out why cash flow and low expenses are key to weathering market storms, foundational principles for long-term stability.Master the art of timing the market and avoid missing out on incredible opportunities, nuanced skills that can lead to success.Learn how to minimize transaction costs and maximize your profits, a practical approach for every wise investor.Gain expert insights from Warren Buffett, Daniel Kahneman, Benjamin Grant, and Peter Lynch, wisdom from some of the brightest minds in investing and psychology.Unleash the power of acquiring properties during foreclosure periods with historically low interest rates, a unique opportunity for growth.Discover the advantages of holding properties through adverse market conditions and smart refinancing, strategic methods for thriving in uncertainty.Unlock hidden market indicators for accurate market timing predictions, a secret tool for the proactive investor.Understand the pros and cons of 1031 exchanges for capital gains tax avoidance, an advanced strategy for tax efficiency.Build a resilient portfolio with ample reserves and secure your financial future, the ultimate goal for every real estate investor.Plus much, much more...

    Don't miss out on this exclusive podcast episode! Get access now and take your real estate investing to the next level! Your journey to mastery might just begin with "Real Estate Investing Through Massive Foreclosure Periods."


    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 Ontario real estate investor podcast? Book a free consultation to discuss.

  • Deal Alchemy™ - Debt Paydown to Cash Flow

    Join us for an exciting and enlightening class with James Orr as he delves into the fascinating world of Deal Alchemy™. In this class, listeners will discover a surprisingly powerful strategy that has the potential to drastically improve cash flow on rental properties. Whether you're considering buying a new rental property or already own one, this episode is a must-listen.

    Deal Alchemy™ is all about the art of transforming and combining returns in real estate investments. It's about taking the returns we receive from certain aspects of the property, such as debt paydown, and turning them into a different type of return that may be more desirable, immediate, or tax-advantaged. James Orr expertly guides listeners through the process of moving returns between different quadrants, helping them make informed decisions regarding their investments.

    During this class, James Orr breaks down the different categories of returns in real estate investments. He distinguishes between the cash later returns, like appreciation and debt paydown, and the cash now returns, such as cash flow and tax benefits. Listeners will gain a deeper understanding of how these returns work and their varying levels of certainty and speculation.

    But the real highlight of this episode is when James Orr unveils the strategy of using a little known secret to convert debt paydown into immediate cash flow. This unconventional method allows investors to optimize their cash flow by focusing on the certain and less speculative returns. James Orr explains the mechanics of this special strategy and how it differs from how much real estate investors typically set up their investments.

    Get ready to have your mind blown as James Orr shares his extensive knowledge and expertise on Deal Alchemy™ and debt paydown to cash flow. This class is not to be missed, as it offers invaluable insights and actionable strategies to enhance your investment portfolio. Join us and unlock the secrets of Deal Alchemy™ to boost your rental property cash flow like never before.

    In this class, James discusses:

    The definition of alchemyWhat is Deal Alchemy™How to manipulate your debt paydown return to immediately boost cash flowWhat are amortizing loans?What are interest only loans?What are the pros and cons of interest only loans?What are the risks of balloons?How much does this strategy improve cash flow? With examples.How does this impact reserves?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 Ontario real estate investor podcast? Book a free consultation to discuss.

  • Tax Deductibility of PMI Payments

    Are you an owner-occupant puzzled by the ever-changing rules around PMI (Private Mortgage Insurance) deductibility? Or perhaps an ambitious real estate investor, hungry to maximize your deductions and supercharge your profits? Then this class is your golden ticket to the world of tax wisdom!

    Join us for an exhilarating journey through the labyrinth of PMI tax laws, where we'll explore:

    Two Distinct Worlds: Owner-occupant properties and investment/rental properties. What's the difference, and why should you care? We'll tease you with the answers!The Owner-Occupant Odyssey: Living in the property? You might think PMI is no longer deductible for you, but is that the whole truth? And what's this about Nomads™?Investor's Paradise: House Hackers, Rental Property Business owners, and more! Discover the secrets that could make PMI an exciting part of your financial strategy. No income limitations? Intrigued?The Grand Conclusion: We'll tie it all together, leaving you with tantalizing insights and a thirst for more. Whether you're an owner-occupant or an investor, we'll reveal just enough to make you crave the full story.

    This class is more than just a tax lesson; it's a thrilling adventure, a treasure hunt, and a financial empowerment session all rolled into one! Whether you're a seasoned pro or just dipping your toes into the real estate waters, we've got surprises and insights that will leave you hungry for more.

    So grab your financial compass and join us on this thrilling expedition. The path to PMI tax wisdom awaits, and it's a journey you won't want to miss!

    In this class, James discusses:

    What is Private Mortgage Insurance (PMI)?Is PMI deductible for home-owners?Is PMI deductible for Nomads™?Is PMI deductible for house hackers?Can you eve have PMI as a real estate investor?Is PMI deductible for 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 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 Ontario real estate investor podcast? Book a free consultation to discuss.

  • Functional Obsolescence Unveiled: The Silent Value Killer in Real Estate Investments—and How to Defeat It!

    There's a often overlooked risk of investing in reale state: obsolescence. Whether we're focused on properties that are or will become functionally obsolete or drift directly into economic or physical obsolescence... these are real-world risks with real-world impact to your bottom line.

    Learn all about them including examples, how they show up and how to overcome them in this special class.

    In this class, James discusses:

    A George S Patton quote about fear, risks and making decisions.Obsolescence definedExamplesSelection, Direct and Indirect Control, Interpeting the Present and Predicting the FutureHow Obsolescence Shows Up In Real Estate InvestingSolutions to eliminate, minimize and/or mitigate these risksPlus 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 Ontario real estate investor podcast? Book a free consultation to discuss.

  • How to Analyze an All-Cash Rental Property Purchase

    Deal analysis is important. Learning how to analyze deals is a critical skill for all real estate investors, whether you're financing 100% of the purchase or buying a property without a loan at all and paying all cash.

    In this class, we will look at how deal analysis changes when you plan to buy a property for all cash, without a mortgage, using The World's Greatest Real Estate Deal Analysis Spreadsheet™.

    Or, check out the deal analysis example for Ontario, California:

    Deal Analysis and Modeling for Ontario


    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 Ontario real estate investor podcast? Book a free consultation to discuss.