Real Estate Financial Planner™
Achieve Financial Independence with Real Estate, Minus the Hype
James Orr 
A mentor is an invaluable asset to your real estate investing journey, providing guidance, wisdom, and support throughout your career as you buy, manage, and sell properties. In this comprehensive guide, we’ll explore why having a mentor is crucial, what they can do for you, and how to make the most of this powerful relationship.What … Read more
Buying a new construction property as your first investment can be an exciting opportunity. New properties often come with modern features, lower maintenance costs, optimal capital expenses since you’re starting with everything new and potential for immediate appreciation.However, there are also unique challenges to consider.From navigating builder contracts to understanding how builder pricing works, it’s … Read more
A bookkeeper can be a great addition to your real estate investing dream team because they help you manage the day-to-day financials of your investment properties.While they don’t provide the strategic tax guidance of a CPA, their role is to ensure that your income and expenses are tracked accurately and that your financial records are … Read more
A Certified Public Accountant (CPA) is an important member of your real estate investing dream team because they help you navigate the tax implications of buying, owning, and selling properties.The right CPA will help you set up your real estate business in a tax-efficient way and ensure you’re taking advantage of every opportunity to minimize … Read more
An attorney is an essential part of your real estate investing dream team, providing both legal protection and guidance throughout the entire process of buying, owning, and selling properties.What Do They Do?Your attorney will play a variety of roles, both during and after your purchase.Here’s what attorneys typically handle:When Do You Involve Them?You’ll likely need … Read more
Earnest money is a financial commitment you make to show the seller you’re serious about buying the property.It’s an amount of money you deposit when you go under contract, and it’s typically held by a neutral third party, like a title company, real estate agent, or attorney.The main purpose of earnest money is to demonstrate … Read more
Title agents, closers, and attorneys are essential members of your real estate investing dream team when it comes to closing on your first investment property.They ensure that the legal transfer of the property happens smoothly and that your ownership is protected.Their role is critical in making sure the transaction is legitimate and that you’re protected … Read more
Surveyors are an important part of your real estate investing dream team, though you might not always need them for every deal.What Do They Do?Surveyors are responsible for measuring and mapping property boundaries.They provide you with a detailed, certified report outlining the exact lines of your property.This helps ensure that you understand the limits of … Read more
As a real estate investor preparing to buy or sell your first investment property, understanding the paperwork involved is crucial.This provides an overview of the essential documents and contracts you’ll encounter throughout the transaction process.From the contract to buy and sell real estate to closing documents and various supporting paperwork, we’ll explore the key elements … Read more
Home inspectors are a key part of your real estate investing dream team, but it’s important to remember that they are a due diligence cost. You pay them for the inspection whether you end up buying the property or not.In some cases, you might pay for inspections on several properties before you find one that … Read more