Class Group: Nomad

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

Nomad™ Real Estate Investing Strategy

2022-05-25 - Nomad™ Real Estate Investing Strategy

A deep-dive into the strategy of buying rental properties using the low and nothing down Nomad™ 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 estate market conditions for this strategy … Read more

Real Estate Investing Strategies

What are all the different ways to invest in real estate? In this class you’ll learn: A detailed list of different real estate investing strategies from buy-and-hold, Nomad™ and house hacking to fix & flip, BRRR, creative financing like subject to more unusual strategies like option-auction, tax liens/deeds and much more. An exploration of whether the strategy is typically an entry strategy, a way to hold or an exit strategy (or some combination). Channels when buying (how to find each type of deal) Channels when selling (how to get out of each deal) Financing when selling (how to cash out … Read more

Is Nomad™ Dead?!

In this special class, James Orr discusses whether the Nomad™ real estate investing strategy is dead. This class was taught on June 9, 2021. Topics discussed include: What prompted this class: Prices are UP… A LOT! Demand is UP… A LOT! Interest rates are DOWN, but not THAT MUCH Rents are UP, but not THAT MUCH Income is UP, but not THAT MUCH Signs suggest inflation is HERE and likely to continue That suggest the question: Is Nomad™ Dead?! Nomad™ Now and Then: a comparison to what was in the original Nomad™ book to what it was at the time … Read more

Pros and Cons of Every Real Estate Investing Strategy Compared

Creative Financing FAQs Matrix What are all the different ways to invest in real estate? What the pros and cons of each? In this class you’ll learn: A detailed list of different real estate investing strategies from buy-and-hold, Nomad™ and house hacking to fix & flip, BRRR, creative financing like subject to more unusual strategies like option-auction, tax liens/deeds and much more. An exploration of whether the strategy is typically an entry strategy, a way to hold or an exit strategy (or some combination). Channels when buying (how to find each type of deal) Channels when selling (how to get … Read more

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

9 Nastiest Nomad™ Mistakes

The Nomad™ real estate investing strategy is one of the best available, but it won’t be the best for you if you make these all-too-common mistakes. In this class you’ll learn to avoid: Using the wrong financing type and what financing type you should be using instead Buying the wrong property type (SFH, Condos, Duplex, Triplex, Fourplex) and what properties you should be buying instead Buying the wrong property (Location, Layouts, Obsolescence, Cap Ex), the criteria you must have and the criteria you should have (when possible) How to avoid refinancing errors will stop your acquisition plans dead in their … Read more