Class Group: Financial Independence with Real Estate

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

The Ultimate FIRE Budget

The Ultimate FIRE Budget™

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 What Does Financially Independent Mean? For more information, you … Read more

Over-Simplified Financial Independence with Real Estate

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Go to College or Skip It to Invest in Real Estate

College or real estate investing? That’s a great question. What if you earn $30,000 more per year after you get your degree than the person who doesn’t go to college and you decide to invest the full $30,000 per year extra? We tackle the age-old question: Go to College or Skip It to Invest in Real Estate in this special class by James. This class was taught on January 13, 2021 via webinar. Tammy had sent over an article, Is This The End of College As We Know It, and James decided to do some math to see if the … Read more

Cash Flow Versus Appreciation

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