What Do Real Estate Investors Want From Real Estate Agents

As I continue to work on the vision for the Real Estate Financial Planner™ brokerage services, I stopped to asked myself what a real estate investor really wants from a investment real estate agent. The following is my list. It is based on three sources. My personal wants from my agent What I seen from my own investor clients What I’ve seen from investors attending my real estate investing seminars Of course, I would like to hear specifically what you want in the comments below. The Basics First, there are the basics. Your real estate agent should be performing the … Read more

Phases of Financial Independence™

When modeling your investments for achieving financial independence, we look at your journey as having 4 distinct phases. Each phase has its own sub-phases as well. Each phase is named after the goal you are working toward achieving. So, you might say, I am working on Phase 1… which is working toward having achieved minimal financial independence. Or, I am in phase 3 working toward safe financial independence. Or, I am working toward leaving a legacy (phase 4). Phase 1: Minimal Financial Independence In Phase 1, Minimal Financial Independence, you are working toward having the absolute minimum you’d need to … Read more

The Ultimate Guide to Private Mortgage Insurance

Since real estate investors utilizing conventional financing are often putting 20% or more down when purchasing rental properties, the discussion of Private Mortgage Insurance isn’t typically associated with real estate investing. However, with the increased popularity of real estate investing strategies like house hacking and Nomad™, there is an increase in real estate investors that are opting to live in their properties that will ultimately becoming investments. Plus, there are down payment options for investors that require less than 20% down as well. These will also have Private Mortgage Insurance (PMI). Watch the entire 1 hour and 43 minute class … Read more

The Ultimate Guide to Should I Pay Off My Mortgage

In this 1 hour and 54 minute class, James helps you think about how to answer the question of whether or not you should pay off your mortgage on your properties and especially your rentals. We’ve only taught this class this one time (so far). Should I Pay Off My Mortgage? Are you wondering: Should I Pay Off My Mortgage? Such a simple question, but there are many considerations to whether you should pay extra on your mortgage and specifically… should you pay off your rentals early? Turns out that the Real Estate Financial Planner™ software is uniquely qualified to … Read more

The Ultimate Guide to Credit Repair for Real Estate Investors

As a real estate investor, your credit can be an important factor in how well your investment performs. How much of a difference does your credit score make? That’s what I will cover below. Why Your Credit Score Matters There are real estate investing strategies that you can do with little or no money and no or bad credit, but (as you might imagine) they do limit the number and types of deals you can do. We won’t be discussing the no and bad credit strategies here specifically. Instead, we will focus on how to improve your credit so you … Read more

The Millionaire Real Estate Investor

One of my favorite real estate investing books of all time is The Millionaire Real Estate Investor by Jay Papasan and Gary Keller. In fact, I recommend that all members of my local real estate investor group read this book. I recommend they read it first and I recommend they read it once a year. You’ll learn something new each year that you re-read it. It’s that good. We’ve also taught real estate seminars of our top take-aways from reading the book. Like I said, it really is that good. Class Recording: The Millionaire Real Estate Investor If you want … Read more

Best Real Estate Investing Books

I read at least 50 books a year and have since at least 2000. Many of these books are books are real estate investing. I am often asked what are the best real estate investing books I’ve ever read are. Best Real Estate Investing Books Here’s my personal list of what I consider to be some of the best real estate investing books ever written. They are NOT in order: meaning the one at the top is not necessarily better than the last one. Each one is better than the others in its own way. How to Achieve Financial Independence … Read more

The Ultimate Guide to Creative Financing

Want to learn more about creative financing for real estate investors? Are you curious about owner financing, seller financing, contracts for deeds, all inclusive deeds of trust (AIDT), wrap around mortgages, subject to, installment land contracts? Learn about these and more in The Ultimate Guide to Creative Financing. Class Recording:Creative Financing 101 Interested in learning about all the different types of creative financing? Then check out this special real estate seminar I gave on the six types of creative financing. Also, considering checking out additional creative financing classes. Warning I strongly recommend that you always get the advice of and … Read more

The Ultimate Guide to Financing Rental Properties

In the world of real estate investing, one of the most pivotal decisions you’ll make is how to finance your property acquisitions. Whether you’re a seasoned investor eyeing your next rental property or a newcomer ready to dive into the lucrative realm of real estate, understanding the vast landscape of financing options can significantly impact your investment strategy and overall success. From government-backed loans designed with favorable terms to alternative financing routes that offer flexibility for more unique investment scenarios, the right financing choice can open doors to opportunities while aligning with your financial goals and investment timeline. This guide … Read more

The Ultimate Guide to Lines of Credit

If you’re interested in learning how to use lines of credit and home equity lines of credit in your real estate investing business then welcome to The Ultimate Guide to Lines of Credit. Class Recording: Lines of Credit Magic for Real Estate Investors On September 25, 2019 Daryl Stolte taught a special real estate seminar on how to use lines of credit (LOCs) and home equity lines of credit (HELOCs) in your real estate investing business to our local real estate investor group. Watch the video to get a thorough understanding of the different ways we can use LOCs and … Read more