Worcester Real Estate Investing & Real Estate Financial Planning™ Podcast

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

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

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

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

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 your owner-occupant mortgage and its effect on achieving financial independence faster than the traditional Nomad™ strategy. We will also examine how this decision could impact your net worth and compare the risks to the traditional Nomad™ strategy.

Check out the video and interactive charts from this class here:

https://RealEstateFinancialPlanner.com/model/nomad-or-pay-off-oo-fi/

Or, see Worcester specific, detailed analysis of a variety of strategies here:

https://RealEstateFinancialPlanner.com/model/MA/Worcester/

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

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

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 differnet loan programs... using the example of 15% down versus 20% down when buying a rental
• Calculating the return on the extra down payment for yourself on your own deals
• Download the Loan Comparison Spreadsheet
• 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 Worcester real estate investor podcast? Book a free consultation to discuss.

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

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 insurance from your lender
• Optimizing cash flow by minimizing monthly loan expenses
• Common loan differences between owner-occupant loans for investors utilizing Nomad™ and House Hacker strategies
• Common loan differences for non-owner-occupant loans
• Download the Loan Comparison Spreadsheet
• 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 Worcester real estate investor podcast? Book a free consultation to discuss.

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 closing costs
• Rate changes for the life of the loan
• What's a point and how do they work?
• What's par rate and why it is critically important to seek clarity from your lender when they quote you a rate?
• What can you do with extra money when buying a rental property?
• Comparing more down payment to buying down your interest rate
• Requesting a buy down table from your lender (and what they look like)
• Plugging numbers into the buy down spreadsheet
• Looking at the cost difference when buying down your rates to various levels
• Selecting where to buy down to
• Simple and compound return on investment calculations done for you
• Putting more down improves cash flow in 3 important ways
• Comparing more down payment to buying down interest rates (not just cash flow... cash flow and equity)
• Temporary solution to buying down rate or pre-paying PMI
• Download the Mortgage Buy Down Spreadsheet
• 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 Worcester real estate investor podcast? Book a free consultation to discuss.

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
• Creative financing: owner financing, wrap financing, lease-options/lease-purhcases, loan assumption, subject to, etc
• Private financing
• Hard money
• Line of credit (HELOCs)
• Buying properties for cash
• Partnerships (utilizing all the other strategies)
• Portfolio loans
• Life insurance
• Self-directed retirement accounts
• 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 Worcester real estate investor podcast? Book a free consultation to discuss.

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

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 them rental properties you purchased with 5% down payments.

When buying properties for cash, you’ll still buy your first property with 5% down payment and move in. But, after that, you’ll take the significantly longer time to save up 100% to buy a rental property all cash. And, free and clear properties without loans have much, much better cash flow than properties financing with 5% down. But, it takes a lot longer to save up to buy the first property. Keep saving until you buy up to 9 rentals all cash.

Which strategy will get you to financial independence fastest? Which will get you the highest net worth? Which is riskiest? We will analyze this comparison for 305 US cities.

Check out the video and interactive charts from this class here:

https://RealEstateFinancialPlanner.com/model/nomad-versus-1-oo-then-9-all-cash/

Or, see Worcester specific, detailed analysis of a variety of strategies here:

https://RealEstateFinancialPlanner.com/model/MA/Worcester/

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

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 mini-class.

Check out the video from this class here:

The Importance of Loan Planning for Real Estate Investors - Video

In this class, James discusses:

• The 10 loan limit from Fannie Mae and Freddie Mac for purchasing non-owner-occupant investment properties
• Why are these loans important to real estate investors
• What do you use after you reach the limit?
• Why is it important to optimize these 10 loan spots?
• What are some exceptions to the 10 loan rule?
• A strategy to double your loan spots
• The Nomad™ preferred loan plan
• 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 Worcester real estate investor podcast? Book a free consultation to discuss.

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.
• The aspiration goal of becoming a hard money lender and two possible concerns
• What is private money? And, a deep dive into using it as a real estate investor.
• A warning about inadvertent ponzi schemes
• A discussion about licensing required to raise private money and the license I got
• Download a sample of my personal, 25-page Private Lender special report
• Using a business card to raise private money (sample of mine)
• 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 Worcester real estate investor podcast? Book a free consultation to discuss.

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 Worcester
• What are commercial 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 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 Worcester real estate investor podcast? Book a free consultation to discuss.

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

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

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 cash flow by billing back for things you're paying for on behalf of the tenants
• Improving cash flow by tiering rent by credit score
• Improving cash flow by charging pet rent for pets
• Improving cash flow by changing the billing frequency
• Improving cash flow by utilizing autopay
• Improving cash flow by offering a discount for on-time payments
• Improving cash flow by changing the term of the leasing period (short-term rentals as an example)
• Improving cash flow by requiring 60-90 days notice from existing tenants
• Improving cash flow by starting to market your property early for lease and testing higher rent
• Improving cash flow by renewing during peak rental season
• Improving cash flow by requiring tenant's have renter's insurance to protect their personal belongings
• 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: Interested in collaborating with us on the Worcester real estate investor podcast? Book a free consultation to discuss.

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
• 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
• Local banks
• 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 Worcester real estate investor podcast? Book a free consultation to discuss.