All Forum Posts by: James Orr

REGISTER FOR THE WEBINAR. If you miss the live class, watch the recordings or catch it on the Louisville, KY real estate investing podcast.

Your ability to analyze deals is arguably the most important skill as a real estate investor. It allows you to make smart investment decisions and helps you avoid making career-ending bad decisions, such as buying cash-flowing-sucking vampire properties.

In this class, James will help you utilize The World's Greatest Real Estate Deal Analysis Spreadsheet™ (a free download) to analyze a new construction single-family home that you plan to buy as an investment.

Analyzing new construction is slightly different from analyzing resale properties, and James will cover these differences in this deal analysis class.

This is a mini-class for real estate investors looking to buy a rental property in the next 90 days... despite:

• High property prices
• High mortgage interest rates, and
• Lagging rents

A faster, easier, safer, and more profitable approach.

Free Real Estate Deal Analysis Spreadsheet Download

Download the latest deal analysis spreadsheet for free.

Or, check out the analysis and modeling we've done for Louisville real estate investors: https://realestatefinancialpla...

REGISTER FOR THE WEBINAR. If you miss the live class, watch the recordings or catch it on the podcast.

Whether they're putting 15% down and buying a non-owner-occupied property or utilizing an owner-occupied loan with 0%, 3%, 3.5%, or 5% down for Nomading™ or house hacking, some real estate investors will choose to put less than 20% down. With the decision to put less than 20% down comes the choice of how to pay for private mortgage insurance (PMI).

There are three options (plus some combinations of the three options): up-front lump sum, lender-paid, and monthly. And, as you might have guessed, there are pros and cons to each option.

In this mini-class, James will cover the three options and go over the pros and cons of each.

This is a mini-class for real estate investors looking to buy a rental property in the next 90 days... despite:

• High property prices
• High mortgage interest rates, and
• Lagging rents

A faster, easier, safer, and more profitable approach.

Free Real Estate Deal Analysis Spreadsheet Download

Download the latest deal analysis spreadsheet for free.

REGISTER FOR THE WEBINAR. If you miss the live class, watch the recordings or catch it on the Miami, Florida real estate investing podcast.

Investing in real estate is full of truthy-sounding falsehoods: it is always better to do X than Y. However, if you were crazy enough to sit down and do the math, you'd find the truth to be much more nuanced.

For example, should you take all your extra cash flow and savings and apply it to your mortgages each month to pay off rental properties faster? And if you do, is that a faster path to financial independence? Does it result in your having a higher overall net worth? A higher overall standard of living in retirement? Is it less risky to do that?

That's what we will discuss in this special comparison class.

I have analyzed over 300 US markets for someone utilizing the Nomad™ real estate investing strategy in two flavors. In one group, they do the traditional Nomad™ model and do not pay anything extra to pay off their mortgages early. In the other group, they do Nomad™ but they apply extra cash flow toward paying off their properties early.

Which group performs better in the metrics we outlined above? Is it universally better? Or is it market-dependent?

Find out in this mini-class.

This is a mini-class for real estate investors looking to buy a rental property in the next 90 days... despite:

• High property prices
• High mortgage interest rates, and
• Lagging rents

A faster, easier, safer, and more profitable approach.

Free Real Estate Deal Analysis Spreadsheet Download

Download the latest deal analysis spreadsheet for free.

Or, check out the modeling we've done for a variety of Miami real estate investing strategies: https://realestatefinancialpla...

REGISTER FOR THE WEBINAR. If you miss the live class, watch the recordings or catch it on the Birmingham, Alabama real estate investing podcast.

There are four primary returns from investing in rental properties: appreciation, cash flow, debt paydown, and the tax benefits of depreciation. Additionally, there is a secondary return in the form of the interest earned on the reserves required to make the investment in the first place.

Many real estate investors prefer the cash flow return over the others.

Often, we can manipulate the investment to shift returns between appreciation, cash flow, debt paydown, tax benefits, and reserves. We call this Deal Alchemy™.

There are many variations of Deal Alchemy™, but in this mini-class, James will guide you through the process of shifting your return from cash flow to debt paydown, resulting in a higher overall return.

This is a mini-class for real estate investors looking to buy a rental property in the next 90 days... despite:

• High property prices
• High mortgage interest rates, and
• Lagging rents

A faster, easier, safer, and more profitable approach.

Free Real Estate Deal Analysis Spreadsheet Download

Download the latest deal analysis spreadsheet for free.

Or, check out the modeling and analysis we've done for Birmingham, AL real estate investing strategies: https://realestatefinancialpla...

REGISTER FOR THE WEBINAR. If you miss the live class, watch the recordings or catch it on the Fort Worth, TX real estate investing podcast.

Life is full of risks. When we choose to invest, we choose to take on additional risks.

If we invest in stocks, we choose to take on certain risks. When we choose to invest in bonds, we take on different risks. When we choose to invest in real estate, we choose to take on additional and different risks.

One of the risks associated with real estate investing is the risk of down payment size.

If you put a large amount down—or even choose to pay cash and put 100% down—you have certain risks. If you choose to put a small amount down—or even nothing down—you have other risks. These risks change with the amount you put down.

In this mini-class, James will look at the risks associated with the amount you put down when investing in real estate.

This is a mini-class for real estate investors looking to buy a rental property in the next 90 days... despite:

• High property prices
• High mortgage interest rates, and
• Lagging rents

A faster, easier, safer, and more profitable approach.

Free Real Estate Deal Analysis Spreadsheet Download

Download the latest deal analysis spreadsheet for free.

Or, check out the modeling and analysis we've done for Fort Worth real estate investors: https://realestatefinancialpla...

REGISTER FOR THE WEBINAR. If you miss the live class, watch the recordings or catch it on the Richmond, VA real estate investing podcast.

Using the latest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™, we will walk through how to analyze a single-family home Nomad™ property with a 5% down payment.

Learn how to analyze deals correctly and avoid buying cash flow vampires. Only buy the best deals that make sense in this special mini-class, which is part of our deal analysis series.

This is a mini-class for real estate investors looking to buy a rental property in the next 90 days... despite:

• High property prices
• High mortgage interest rates, and
• Lagging rents

A faster, easier, safer, and more profitable approach.

Free Real Estate Deal Analysis Spreadsheet Download

Download the latest deal analysis spreadsheet for free.

Or, check out the analysis we've done for Richmond real estate investing strategies: https://realestatefinancialpla...

REGISTER FOR THE WEBINAR. If you miss the live class, watch the recordings or catch it on the Tucson real estate investing podcast.

Lenders prefer that you put at least 20% down, but if you push hard enough, many will allow you to put less than 20% down if you're willing to purchase insurance to protect them in case you default. This insurance is called Private Mortgage Insurance.

The cost of this insurance depends on several factors. Some are primary factors and have a significant impact on the cost of the insurance policy. Other factors are secondary and affect the premium, but only to a small extent.

In this mini-class, James will go over the things that affect your private mortgage insurance rate if you decide to put less than 20% down when buying properties.

This is a mini-class for real estate investors looking to buy a rental property in the next 90 days... despite:

• High property prices
• High mortgage interest rates, and
• Lagging rents

A faster, easier, safer, and more profitable approach.

Free Real Estate Deal Analysis Spreadsheet Download

Download the latest deal analysis spreadsheet for free.

Or, check out the modeling we've done for Tucson real estate investing strategies: https://realestatefinancialpla...

Thanks Ran. I discuss this in the class, but the short answer is... for this modeling... we assume that you save up enough for the down payment and closing costs plus 6 months of personal reserves plus 6 months of reserves on every property you already own and the one you're about to buy... and additionally, you need to also to meet a 45% DTI. Attend live or watch the recording for more info.

REGISTER FOR THE WEBINAR. If you miss the live class, watch the recordings or catch it on the Seattle, WA real estate investor podcast.

You're a real estate investor looking to acquire properties by saving up and putting 25% down. Should you buy an owner-occupied property first? What if that's more expensive than renting? Should you still do it? What if it means you'll be saving less for acquiring rentals by buying an owner-occupied property first?

In this comparison class, we will put buying 25% down rentals in a head-to-head competition... We will analyze 304 real estate markets and see if you can achieve financial independence faster by buying an owner-occupied property first. We'll also look at your net worth and see if buying an owner-occupied property or renting leads to a higher overall net worth.

This is a mini-class for real estate investors looking to buy a rental property in the next 90 days... despite:

• High property prices
• High mortgage interest rates, and
• Lagging rents

A faster, easier, safer, and more profitable approach.

Free Real Estate Deal Analysis Spreadsheet Download

Download the latest deal analysis spreadsheet for free.

Also, check out the modeling we've done for a wide range of Seattle real estate investing strategies: https://realestatefinancialpla...

REGISTER FOR THE WEBINAR. If you miss the live class, watch the recordings or catch it on the Denver real estate investor podcast.

Life has risks. Real estate investing adds some additional risks.

Some of these risks can be shifted from your responsibility to the responsibility of a third party for a fee.

This is often described as insurance. You choose to pay someone else to take on a risk you don't want to take on yourself.

In this mini-class, James will go over a variety of insurable risks that real estate investors experience and how to mitigate or eliminate them.

This is a mini-class for real estate investors looking to buy a rental property in the next 90 days... despite:

• High property prices
• High mortgage interest rates, and
• Lagging rents

A faster, easier, safer, and more profitable approach.

Free Real Estate Deal Analysis Spreadsheet Download

Download the latest deal analysis spreadsheet for free.

And, check out the Denver real estate investing modeling we've done: https://realestatefinancialpla...