In this highly personal class James shares how he had to build a multi-million dollar portfolio TWICE and the lessons he learned along the way. In this class you'll learn:
- Why real estate investing is NOT a get rich quick scheme
- "A great business at a fair price is superior to a fair business at a great price." — Charlie Munger
- The importance of reserves and James' recommendations for reserves in your real estate investing
- The Return Quadrants™
- The value and benefits of the Nomad™ strategy
- Why focus means both improved speed and improved safety
- That the grass isn't always greener (even if it looks that way)
- The past and what happened in the past does not always equal the future
- Why it is worthwhile to develop a significantly deeper and more nuanced understanding of income and expenses (especially on your rentals)
- The often-overlooked benefits of sharpening the saw
Duration: 2 hours and 22 minutes
Recorded: March 11, 2021
Instructor: James Orr