Welcome to the Real Estate Financial Planner™ family of podcasts. Real Estate Financial Planner™ Podcast FREE REFP Inside the Numbers FREE REFP Advanced Available for Purchase Premium Available for Purchase REFP Insider Invitation Only Nomad™ Real Estate Investing Podcast FREE Check out the descriptions of them below. Real Estate Financial Planner™ Podcast FREE Stories about real estate investors striving to achieve financial independence, reduce risk and optimize their real estate investing strategies. Uses the Real Estate Financial Planner™ software to model how a wide range of Characters choose to invest as they work toward achieving their own goals and overcome … Read more
This workshop style class was taught by James Orr on March 31, 2022. Run time is about 1 hour and 13 minutes. Download a copy of the spreadsheet (below) and follow along. What is your current budget? How much do you need to achieve lean FIRE (or the minimum to be financially independent)? How much do you need to achieve fat FIRE (or your ideal lifestyle and true financial independence)? Use The Ultimate Financial Independence Retire Early Budget™ for Excel to determine all these numbers for yourself quickly and easily. Download
The following are the classes that are currently available for free. The same list is sorted in two ways: alphabetically and by date presented. Alphabetical Date Presented (First to Most Recent) IMPORTANT NOTE: Free content is subject to change at any time, without warning. Get a list of ALL classes, classes included with a Plus membership or classes included with a Premium membership.
In this special class, James will walk you through how to buy a rental property from the first meeting with your real estate agent through post-closing. About This Class This class is intended to be an OVERVIEW of the process to buy a rental property with the help of a real estate agent/broker. We have separate classes on finding off-market deals and creative financing. It is impossible to cover EVERYTHING in-depth in a single class. Instead, we have detailed classes covering just about EVERY step in this process. Please check the list of classes for more detailed information. Buying Process … Read more
CapEx on rental property (also called Capital Expenses) are expenses to replace parts of the property that wear out over time. What’s the difference between CapEx and maintenance? From a tax perspective, capex of less than the “safe harbor” limit of $2,500 per invoice or item can be written off as maintenance on the property in the year they were taken. Some expenses over the $2,500 safe harbor amount will need to be capitalized over the lifespan of the item. Talk to your CPA or read the Internal Revenue Code for more detailed information on the tax treatment of capex. … Read more
Not willing to wait 40 years to achieve financial independence? Maybe you’re not 25 years old anymore and you NEED to speed up the saving process. If you’d like to learn how to speed up saving for retirement, then read on because we cover that topic in detail below. Defining Retirement Money Requirements So We Can Optimize Before we can optimize our speed saving for retirement, it is important to understand the retirement money requirements. To be able to support yourself in retirement you need enough money to cover your expenses. Seems obvious enough, but let’s look at the component … Read more
Was reading Shane Parrish’s Farnam Street email newsletter yesterday about Stability and wanted to expand on it for real estate investors. Shane points out that there are two types of stability: passive and active. He goes one to talk about how passive stability requires no intervention while active stability does require intervention. In general, real estate has active stability. If you don’t pay taxes on your property—even if it is free and clear—you’ll lose it. However, I think some parts of real estate investing can be broken down as passive or active. For real estate investors, here are some examples … Read more
The World’s Greatest Real Estate Deal Analysis Spreadsheet™Version 2022.03 Register for a free account to have the spreadsheet emailed to you… Register for Free to Get Spreadsheet New year, new deal analysis spreadsheet. The World’s Greatest Real Estate Deal Analysis Spreadsheet™ reimagined for 2022. In a word: simplify The new rental property analysis spreadsheet is simpler to use. We’ve moved all the information we rarely look at when analyzing a deal from the main Inputs & Dashboard tab to the Overrides tab. We took the 9 most important decision-making metrics, made them easy-to-read charts that take up 80% of the … Read more