santa barbara nomad

Real estate prices in Santa Barbara are high. Mortgage interest rates are high. Rents are lagging in Santa Barbara. Is real estate a good investment in Santa Barbara right now?

In this special webinar James discusses why you might still want to invest in real estate in Santa Barbara despite high prices, high interest rates, and lagging rents.

James will discuss why Charlie Munger says that the first $100K is the hardest. Plus, why its not ALWAYS just about cash flow with real estate investments and why you still might want to invest in real estate in Santa Barbara despite our current market conditions.

James has modeled just over 300 different US cities for this class for you to choose from, jump right to Santa Barbara:

https://RealEstateFinancialPlanner.com/model/CA/Santa_Barbara/

Watch the video version of this class:

https://realestatefinancialplanner.com/why-you-still-might-want-to-invest-in-real-estate-despite-high-prices-high-interest-rates-and-lagging-rents/

Resources Mentioned In Class

• First $100K is the Hardest - Learn the surprising math behind why the first $100K is the hardest to acquire and what you should do about it.
• Return Quadrants™ - Learn about all the different Return Quadrants™ and how we use them to show you how a property is performing.
• Model - Select Santa Barbara, California and see the Baseline Nomad™ Scenario, 20%/25% down, and buying properties for cash and how it performs in your city.

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

The Nomad™ real estate investing strategy has you buying properties as an owner-occupant, living in them for at least a year… to fulfil your obligations to the lender for getting a low/nothing down loan with better interest rates… then converting them to a rental and moving into a new property.

Repeat this until you have the number of rental properties you desire.

But, how does the Nomad™ real estate investing strategy work in Santa Barbara with Santa Barbara housing prices, rents, taxes, insurance and rents with today’s interest rates?

How quickly can you achieve financial independence using the strategy?

How risky is the strategy?

In this class, James will walk you through the basics of the Nomad™ real estate investing strategy including all the assumptions we used for Santa Barbara and you can see exactly how effective… or ineffective… the Nomad™ strategy is in Santa Barbara with Santa Barbara, California numbers.

BONUS: Plus, you’ll be able to copy the Scenario into your own Real Estate Financial Planner™ account to modify any of our assumptions that you think we might have got wrong and see how that impacts the plan.

James has modeled just over 300 different US cities for this class for you to choose from, jump right to Santa Barbara:

https://RealEstateFinancialPlanner.com/model/CA/Santa_Barbara/

Watch the video version of this class:

https://realestatefinancialplanner.com/real-estate-nomad-in-your-city/

Resources Mentioned In Class

• Cash Flow Power Meter™ - Learn about the Cash Flow Power Meter™ that appears at the top of assumptions for every property.
• Return Quadrants™ - Learn about all the different Return Quadrants™ and how we use them to show you how a property is performing.
• Everything You Learned About Deal Analysis is Wrong – ROIQ+R™ - A full class on the Return Quadrants™ and both the why we use reserves in our return calculations and how to use reserves when doing these cacluations.
• Model - Select YOUR CITY and see the Baseline Nomad™ Scenario.
• Real Estate Investor FIRE - Learn about the different types of Financial Independence Retire Early (FIRE) for real estate investors with this full class.
• Asset Allocation Secrets of Real Estate Investors - Learn about asset allocation for real estate investors in this special class recording.
• The Ultimate Guide to Private Mortgage Insurance - Learn all about Private Mortgage Insurance (PMI) in this special class recording.

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

A deep dive into the strategy of buying rental properties utilizing the Nomad™ real estate investing strategy in Santa Barbara, California.

Includes a qualitative class discussing what the Nomad™ strategy is and how to do it plus quantitative, numbers-based discussions showing how the strategy performs toward a goal of achieving financial independence.

Check out our Nomad™ modeling (and other real estate investing strategies) for Santa Barbara, California:
https://RealEstateFinancialPlanner.com/model/CA/Santa_Barbara/

Topics discussed include:

• Money, credit and skills required
• The style of this strategy (investor/entrepreneurial)
• The stability and scalability of this strategy
• What is your risk exposure and profit speed doing this strategy
• Finding and analyzing deals including any direct marketing suggestions
• The best real estate market conditions for this strategy
• How accessible and available are properties for this strategy
• Whether you can do this strategy with a retirement account
• We discuss both long-term tenants and short-term tenants (like vacation rentals).

This was a live class recorded to give investors a solid overview of the Nomad™ real estate investing strategy including traditional Nomad™, Fixer Upper Nomad™, Nomad™ by Proxy, Nomad™ to Short-Term Rental, Nomad™ with House Hacking, Nomad™ with Lease-Option Exit and The Ultimate Real Estate Agent Retirement Plan.

Watch the video version of this class and download the handouts from the live in-person version:
https://RealEstateFinancialPlanner.com/nomad-real-estate-investing-strategy/

Additional Resources

The following are additional resources mentioned in the class recording:

• How to Acquire a Multi-Million Dollar Real Estate Portfolio Starting with Just $3,000 - A series of classes and book James wrote about using the Nomad™ with Lease-Option strategy to do Nomad™ with very limited down payments.
• Return Quadrants - Learn about James Orr's Return Quadrants for better understanding of how real estate investments make money and how much.
• The Ultimate Financial Independence Retire Early Budget - A class and downloadable spreadsheet for creating your own Ultimate FIRE Budget.
• Real Estate Financial Modeling for 300 Cities - See how buy and hold might perform for properties in your local real estate market and see our modeling for implementing a variety of real estate investing strategies using city-specific numbers for over 300 cities.

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