Mortgage Interest Rate Confidence Meter™

Mortgage Interest Rate Confidence Meter™

Thinking about buying properties over the next several years? Are you wondering what a reasonable mortgage interest rate to use should be? Download and use the Mortgage Interest Rate Confidence Meter™ to see how reasonable your mortgage interest rate is using historical 30-year mortgage interest rate data from the Federal Reserve’s database of historical 30-year mortgage interest rate data going back to 1971. Download

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

Download Log for Qualified Business Income Deduction with Rental Property

Do you want the Qualified Business Income Deduction with Rental Property for Landlords, then you need to keep a detailed contemporaneous log (that means document it as you do it) documenting the qualified 250 hours you put it managing your properties. In this brief, one-time-only class taught by James and Jassen on January 29, 2021 they discuss what the tax deduction is and what you need to do to be able to get it. According to the IRS: “The taxpayer maintains contemporaneous records, including time reports, logs, or similar documents, regarding the following: (i) hours of all services performed; (ii) … Read more

Interest Rate Buy Down Spreadsheet

Interest Rate Buy Down Spreadsheet

Trying to figure out whether you should buy down your interest rate? Use Brian and Brendon’s spreadsheet to quickly and easily do the math for making your decision. This is the latest version, version 3.01, for classes in 2020 and later. It now includes a special spreadsheet from Brendon on how to do an entire Portfolio Optimization for Refinances as well (sheet 3 of the spreadsheet). Download Version 3.01 of Interest Rate Buy Down Spreadsheet Previous Spreadsheet Versions The following is version 2 for classes prior to 2020. Download Version 2.0 of Interest Rate Buy Down Spreadsheet Classes On Buying … Read more

Real Estate Bookkeeping

Real Estate Bookkeeping Spreadsheet - Year Summary

If you’re a real estate investor learning for the easiest way to keep track of all the real estate bookkeeping and accounting for your rental properties, LLCs and investing activities then you’ve found the right place. Class Recording: Bookkeeping and Accounting for Real Estate Investors In this special real estate seminar recording, Brian walks you through how to get your entire real estate investing business organized and how to quickly and easily keep the books for your real estate investing business using the bookkeeping spreadsheet. Real Estate Bookkeeping Spreadsheet Download To access the real estate bookkeeping spreadsheet Brian is teaching … Read more

Bookkeeping and Accounting for Real Estate Investors – 2019 Edition

Real Estate Bookkeeping Spreadsheet - Year Summary

Bookkeeping Spreadsheet Download In May, 2020 Brian made some small tweaks to the spreadsheet. This is the most recent version of the bookkeeping and accounting spreadsheet: Download Bookkeeping Spreadsheet Essential Bookkeeping and Accounting for Real Estate Investors As a real estate investor with rental properties, managing your finances effectively is crucial to maximizing your investments and ensuring long-term success. Here’s a comprehensive guide on bookkeeping and accounting essentials tailored for you. Understanding the Basics Bookkeeping and accounting are the backbone of any successful real estate investment strategy. While bookkeeping involves recording daily financial transactions, accounting is the process of summarizing, … Read more