The Ultimate Guide to Rent Comps

Cash on Cash Return on Investment Sensitivity to Purchase Price and Rent Rent is one of the most important numbers when analyzing deals. It also happens to be one of the trickiest numbers to get. This special class is a deep dive into rent comps and determining fair market rent for rental properties whether you’re about to buy the property or get a new tenant. In this class you’ll learn: Warnings about rent comps… including, but not limited to, rent is NOT an exact number and determining fair market rent is not an exact science Ultimately what determines what rent … Read more

The Ultimate Guide to VA Loans

Estimated Monthly Payments – All Loans If you are a veteran… thank you for your service… and you likely qualify for one of the best loan programs ever for buying properties… the VA loan. Learn all about this nothing down loan option in this class. In this class you’ll learn: The many benefits of VA loans VA guaranteed loans and what the benefit of that is for you Eligibility requirements of VA loans VA loan limits including full benefits, partial benefits and the loan limits map VA loans for investment properties Occupancy requirements for VA loans Lender selection Lender programs … Read more

The Ultimate Guide to Earnest Money

Everything you wanted to know about Earnest Money and a whole bunch of stuff you didn't think you needed to know until I told you why you needed to know about it.

In this class you'll learn:

  • Are Earnest Money Checks Cashed?
  • Are Earnest Money Deposits Required?
  • Is Earnest Money Part of the Down Payment?
  • Are Earnest Money Deposits Refundable?
  • Is Earnest Money Returned?
  • Can Earnest Money Be a Gift?
  • Can Earnest Money Be a Personal Check?
  • Can Earnest Money Be Cash?
  • Can Earnest Money Be Used for Closing Costs?
  • Can Earnest Money Be Paid by Debit Card?
  • Can Earnest Money Be Paid by Credit Card?
  • What's Earnest Money?
  • What's Earnest Money When Buying a House?
  • How Much Earnest Money to Put Down?
  • How Much Earnest Money Is Normal?
  • How Much Earnest Money to Offer?
  • When Is Earnest Money Forfeited?
  • Who Gets Earnest Money When Buyer Backs Out?
  • How Do Earnest Money Disputes Work?
  • What About Earnest Money With Nothing Down Deals?
  • What About Earnest Money With Off-Market Deals?
  • Plus, much more...

Duration: 1 hour and 22 minutes
Recorded: October 21, 2020
Instructor: James Orr

The Ultimate Guide to Private Mortgage Insurance

Nomad™ No Points Comparing 3 Different PMI Options What is Private Mortgage Insurance? How to avoid it as a buy-and-hold real estate investor, Nomad™ or house hacker or use it to your advantage. In this class you’ll learn: What is Private Mortgage Insurance (PMI)? And, how to avoid it. Some of the more common PMI providers and why you may care… What primarily affects your PMI rate? What are additional adjustments? How to calculate PMI The range of monthly PMI amounts 3 strategies to pay PMI FHA and the PMI equivalent of MIP The duration of MIP for FHA loans … Read more

The Ultimate Guide to Credit Repair for Real Estate Investors

As a real estate investor, your credit can be an important factor in how well your investment performs. How much of a difference does your credit score make? That’s what I will cover below. Why Your Credit Score Matters There are real estate investing strategies that you can do with little or no money and no or bad credit, but (as you might imagine) they do limit the number and types of deals you can do. We won’t be discussing the no and bad credit strategies here specifically. Instead, we will focus on how to improve your credit so you … Read more