3 Types of Properties
Tuesday, July 24
REO: the accounting term banks use to categorize properties they have taken back in foreclosure.Short Sale: properties that are technically in default but have not yet gone through foreclosure.Estate Sale: usually the result of a homeowner’s death. When sibling children inherit, they often see do...
Investor Rules of Engagement
Monday, July 23
We won’t dig too deep into specifics, but if you are working with somebody who is flipping properties, you will work differently than with somebody who is buying rentals or who is wholesaling. Target: Towns Neighborhoods, Properties, Flip RentI will show you all three in session two. For right no...
Let’s talk about the two roles: Investor and Agent.
Monday, July 16
While you may not have studied this, I have. I can tell you most Investors do not become Agents.I can also tell you that most Agents do not become Investors. I don’t know why. I really don’t Care. The bottom line is these two facts have created a world of opportunity for me and others I’ve alread...
Rental Profits Without The Pain – Financing
Monday, July 09
Go-To Money:I want to preface this by explaining some of the other strategies that have been taught out there for years. Most real estate investing strategies were born out of the ‘80s, and they actually got their strategies from the ‘50s and the ‘70s.What was happening in the ‘80s is interest ra...
Rental Profits Without the Pain – Tax Strategies
Wednesday, July 04
Okay. So everybody has their tax strategies. Some of these again, they may not be very pertinent right now. Although, for some of you who already own properties, they will certainly be pertinent. The very first one is one of the ones that is not the most glamorous one of all, but it has to do wit...
Tax Strategies for Class # 1 :CREATE VALUABLE DEPRECIATION DEDUCTIONS
Monday, July 02
1.4CREATE VALUABLE DEPRECIATION DEDUCTIONS: Substantially Increase Depreciation Deductions via Componentizing (Cost Segregation Analysis).Depreciation is your most valuable deduction because it does not require you to expend cash to get the deduction, yet it creates cash flow in your pocket f...