Crafting Irresistible Real Estate Offers: A Guide for Investors

In the high-stakes world of real estate investing, making an offer isn’t just a step in the process—it’s an art. Each move, from the initial approach to the final handshake, can make the difference between securing a lucrative deal and walking away empty-handed. This guide is your playbook for crafting offers that not only get noticed but get accepted, propelling you towards your investment goals with a happy grin on your face. Negotiating Hard: The Joy of the Deal Imagine stepping away from the negotiating table, not just with a property under contract but with a deal so sweet it … Read more

Unlock Your Real Estate Investing Potential: Introducing “The World’s Best Real Estate Investing Goal Setting Class”

Are you ready to transform your real estate investing journey? Whether you’re just starting out or you’re a seasoned investor looking to elevate your game, I’ve got something that will change the way you approach your investments. My name is James Orr, and I’m thrilled to introduce you to the game-changer in real estate education: “The World’s Best Real Estate Investing Goal Setting Class.” Why Goal Setting is Your Secret Weapon In the world of real estate investing, success isn’t just about having capital or knowledge; it’s about setting clear, achievable goals. This is your roadmap, your guiding star in … Read more

Seasons Of My Life Budget™ Spreadsheet

Seasons Of My Life Budget™ Spreadsheet

Life is constantly changing and you’re moving through new seasons. Maybe you’re saving to buy your first owner-occupant home, or first rental, or first apartment, or 100th rental property Maybe you’re having your first child, or 10th child, or your last kid is finally moving out Maybe you’re getting your first job, or a new job, or being laid off, or retiring Maybe you’re getting married, or divorced or re-married Maybe you’re getting a new kitten or puppy or losing your best furry friend Maybe you’re paying off your first property, your owner-occupant property, your first rental property or all … Read more

What Does Financially Independent Mean?

Wikipedia defines financial independence as: Financial independence is the status of having enough income or wealth sufficient to pay one’s living expenses for the rest of one’s life without having to be employed or dependent on others. But, what does that mean more mathematically? And, practically? And, specifically, how does that look different for real estate investors than investors in more traditional stocks, bonds and other asset classes? How I Define Financial Independence My definition of financial independence is a little different. I define it as when the following 3 major sources exceed your personal expenses: 1. Passive Income I … Read more

Why You Still Might Want to Invest in Real Estate Despite High Prices, High Interest Rates, and Lagging Rents

Despite high real estate prices, high interest rates, and lagging rents, real estate investment may still be a viable option due to the potential to build up an asset and convert to free and clear properties, as well as other strategies to improve cash flow. This class was taught live by James Orr on January 5, 2023. In this class James discusses: Why the First $100K Is The Hardest Return Quadrants™ and how that can help you achieve your first $100K and first million Some real estate financial modeling

Real Estate Nomad™ in Your City

This class was taught live by James Orr on Black Friday November 25, 2022. In this class James walks you through the  Baseline Nomad™ for YOUR CITY. He created over 300  Scenarios utilizing a very basic Nomad™ real estate investing strategy but using the home prices, rents, insurance, taxes, income, and goals for someone in that city. Click to Select Your City  Model Of course, you can change any of the assumptions in case your unique situation is different than what he used. Go to the Models page and select your city, then the  Baseline Nomad™ Scenario to follow along … Read more

Are FHA Loans for Suckers?

In this class James discusses the pros and cons of using FHA loans. Are FHA Loans For Suckers? Their equivalent of Private Mortgage Insurance (PMI)–Mortgage Insurance Premium for FHA loans—is usually higher compared to PMI on conventional loans Their Private Mortgage Insurance never goes away You got to sell or refinance into a different loan to get rid of it Mortgage Interest Rates can be higher than for jumbo loans or VA loans There are lower down payment programs than just 3.5% down like conventional 3% down payment, VA and USDA nothing down loan programs as just a couple examples … Read more

Quick Turn and Flipping Properties

A deep-dive into the strategy of quick turning and flipping properties. Includes a qualitative class discussing what the strategy is and how to do it plus quantitative, numbers-based discussions showing how the strategy performs toward a goal of achieving financial independence. 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 availability are properties for this strategy … Read more

BRRRR Real Estate Investing Strategy

A deep-dive into the strategy of buying properties at a big discount, rehabbing them, renting them out and then refinancing them to pull our all or most of the most you had invested and keeping it as a long-term rental. This strategy is often referred to as BRRRR which stands for Buy, Rehab, Rent, Refinance and Repeat. Includes a qualitative class discussing what the strategy is and how to do it plus quantitative, numbers-based discussions showing how the strategy performs toward a goal of achieving financial independence. Topics discussed include: Money, credit and skills required The style of this strategy … Read more

House Hacking Real Estate Investing Strategy

A deep-dive into the strategy of buying owner-occupant properties and getting income from them while living in them via the house hacking real estate investing strategy. Includes a qualitative class discussing what the strategy is and how to do it plus quantitative, numbers-based discussions showing how the strategy performs toward a goal of achieving financial independence. 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 … Read more