Navigating the Perilous Waters of Real Estate Investing: A Comprehensive Guide

Investing in real estate is often seen as a golden path to wealth accumulation and financial freedom. However, like any investment, it comes with its own set of risks and dangers. Understanding these risks is not just about painting a grim picture; it’s about preparing yourself to navigate the challenges effectively. Let’s dive into the less glamorous side of real estate investing, exploring the pitfalls and how to mitigate them. 1. Market Volatility: The Unpredictable Wave Real estate markets are as unpredictable as the ocean’s tides. Economic factors, interest rates, and local market conditions can fluctuate wildly, affecting property values … Read more

Nomad™ 101 – 2016 Edition

In this one hour and 30 minute class, James walks through his preliminary thoughts on the Nomad™ investing strategy for the first time. Class Outline These are the questions answered on the video recording above. Nomad Basics Did you invent Nomad? How did it come about? Do you have to move in? What are the different Nomad types? Does it work in all cities? Do I need to buy properties at a discount? What is the end goal of Nomad? Do I have to do 10 properties? Where do you get down payment from? I’m overweight, under-employed and not funny, … Read more