Topics discussed include:
- What are real estate investing shocks?
- Dan Sullivan says: If you’ve got enough money to solve the problem, you don’t have the problem.
- Maybe these shouldn’t be shocks…
- Your Shoe is Untied and How to Deal With Your Real Estate Investing Shocks
- Reverse Shocks – How Some Shocks Can Be Pleasant Surprises
- General Mitigation Principles for Dealing with Shocks
- The Importance of Reserves When Investing in Real Estate
- The Importance of a Wise Advisor to Guide You
- The Importance of Studying History for Real Estate Investors
- The Importance of Having a Backup Plan
- The Importance of Evaluating Your Risk and Determining Your Personal Comfort Level
- The Importance of Patience and Managing Your Own Expectations
- The Importance of Understanding Your Own Circle of Control
- The Importance of Expected Value
- Shocks Broken Out By Groups: Before You Buy, Under Contract, Post-Closing, Selling and Extras
- The Shock of Multiple Competing Offers
- 10 Tips to Get Offers Accepted In Hot Markets
- The Shock of Competing Against Cash Offers
- The Shock of Limited Accessibility to Properties
- The Shock of Not Having All the Information You Need to Make a Decision
- The Shock of Changing Interest Rates
- The Shock of Inspection Issues
- The Shock of Not Qualifying for Mortgages
- The Shock of Not Being Able to Get Property Insurance
- The Shock of Properties Not Appraising
- The Shock of Title or HOA Issues
- The Shock of Not Being Able to Get The Rent You Expected
- Tips on How to Improve Cash Flow
- The Shock of Undisclosed Issues
- The Shock of The Seller or Tenant Not Moving Out
- The Shock of Inadequate Property Insurance
- The Shock of Price and Rent Drops
- The Shock of HOA Restrictions Limiting What You Can Do With Your Property
- The Shock of Your Loan Being Called Due (Creative Financing and Asset Protection)
- Due on Sale and Due on Transfer Laws
- The Shock of Not Receiving Offers
- The Shock of Buyer Backing Out
- The Shock of Conditional Transaction Chains
- The Shock of 1031 Exchange Issues
- Plus much more
Classes Mentioned
In this presentation James mentions two other classes:
He’s included the downloadable PDF from the How to Improve Cash Flow Workshop class below as well as a bonus.