Learn the secrets of catching up on saving for retirement in Plano... with an emphasis on using real estate investing.

This class is Module 11 of 46 in a series called Real Estate Investing Secrets.

Topics covered in this module include:

• What do you do if you wake up one morning and realize that you’re behind on saving for retirement? What can you do to get back on track? Or, better yet, what can you do to get ahead?
• Where do most of us begin? What should we do as our first step? What should we try to avoid? What should we aim for ideally? And, what is the end goal?
• Why “WHAT” you do with your money matters—especially when catching up on retirement saving.
• The three primary buckets for catching up...
• The bucket you can rely on the least and why you have little to no control over that bucket... but the one thing we can do to increase our chances with this bucket.
• A simple discussion of the second bucket... and what’s one little thing—with the dirty B word—that you can do to help jumpstart your catch up.
• What are the ways we can increase earnings to help us catch up saving for retirement?
• A discussion on why time saving for retirement does not seem linear: it doesn’t usually take you 10 times longer to save a million than it takes to save $100K. In fact, it may only take you 3 times as long—or less... with the math proving this to be true.
• A little trick to get that first $100K faster, easier and with less risk than you imagined
• A discussion of the last 150 years of S&P 500 annual returns... including some surprising facts about what is normal investing in stocks.
• How does the last 150 years of S&P 500 annual returns compare to the last 133 years of real estate appreciation? Which one is better? Why do I say that?
• But, what about leverage? What if we leverage when investing in the S&P 500? What if we leveraged investing in real estate?
• But, what about the 3 other areas of return with real estate investing... cash flow, debt paydown and tax benefits? How do those come into play?
• How risky is investing in real estate for appreciation? A preview of upcoming module on risk and specifically our Risk Matrix: Appreciation to understand how likely you were to see property values increase and by how much plus how likely you were to see property values decline and by how much.
• What might you expect to earn from an unleveraged rental property purchased for all cash? How does the return on investment vary for the same property depending on how you finance it (5% down, 15% down, 20% down, 25% down, 30% down, 40% down and all cash or 100% down). How does the return vary if you opt to utilize a vastly improved cash flow strategy like Nomad™ to Short-Term-Rentals? How can this impact your ability to catch up for retirement?
• The briefest introduction to a future module on return on equity.
• Plus much more...

Check out the video and additional resources related to Secrets of Retirement Catch-Up.

Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:

https://RealEstateFinancialPlanner.com/spreadsheet

Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.

Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Plano real estate investor podcast? Book a free consultation to discuss.

Learn the secrets of the Nomad™ real estate investing strategy for Plano real estate investors.

This class is Module 10 of 46 in a series called Real Estate Investing Secrets.

Topics covered in this module include:

• What are the different variations of the Nomad™ real estate investing strategy and what are some of the pros and cons of each.
• What are the most common ways to finance Nomad™ real estate investments? And what are some of the more unusual ways?
• Is the Nomad™ real estate investing typically an active or passive investment?
• How long do you typically hold Nomad™ real estate investments? And, why might you change that?
• How do you typically exit a Nomad™ real estate investment? How does your buyer typically finance the purchase when they buy from you?
• Is the Nomad™ real estate investing typically for real estate investors or real estate entrepreneurs… and what’s the difference?
• How much money is typically required to invest utilizing the Nomad™ real estate investing strategy? What are some of the less common money requirements?
• What credit is required to utilize the Nomad™ real estate investing strategy? And, what are some less common credit-related requirements?
• What are the 4 primary skills required for Nomad™ real estate investors? And, how does one of those skills vary depending which strategy you’re utilizing.
• Is the Nomad™ real estate investing actively or passively stable? And, what does that means in terms of the entire business blowing up in your face?
• How scalable—in terms of net worth—is the Nomad™ real estate investing strategy? What level of net worth is it typically associated with?
• What is your risk exposure with the Nomad™ real estate investing strategy? What are some of your risks? How does that increase with certain sub-strategies?
• How quickly do you make money with Nomad™? What amount of money do you make at that interval?
• How does one typically find deals as a Nomad™ real estate investor? What are some of the more unusual ways to find deals?
• What do you use to analyze Nomad™ real estate investments and where to get a copy of the spreadsheet you need… for free?
• What are the ideal market conditions for the Nomad™ real estate investing strategy and what is a challenging market to utilize this strategy in?
• How accessible or available are viable Nomad™ real estate deals?
• Can you utilize your retirement money to invest in Nomad™ real estate investments?
• Plus much more...

Check out the video and additional resources related to Secrets of Nomad™ Real Estate Investing.

Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:

https://RealEstateFinancialPlanner.com/spreadsheet

Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.

Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Plano real estate investor podcast? Book a free consultation to discuss.

Learn the secrets of asset protection for Plano real estate investors.

This class is Module 9 of 46 in a series called Real Estate Investing Secrets.

Topics covered in this module include:

• My top 10 asset protection tips for real estate investors that you’d be a fool to ignore.
• The importance of getting bespoke legal advice and why you should never rely on free advice from articles, classes, podcast episodes and forum discussions for your unique situation.
• What happens if someone sues you when you own a rental property... understanding your risks. What if you own more than one property? How does this change when you own the property in an LLC? What happens if the tenant “wins” the lawsuit?
• What’s a common setup that asset protection attorneys might recommend for real estate investors... maybe even recommend for you?
• What might real estate investors utilizing the Nomad™ real estate investing strategy progress through for asset protection... plus the downsides.
• Why language like “sharks don’t get cancer” can be dangerous for real estate investors and the importance of critical thinking.
• Why you should never rely on your adversaries being incompetent as an asset protection strategy.
• What exactly does the “Due on Sale” clause say? You’ll finally read it and understand what it says because I’ll read it to you and discuss it.
• Why “I’ll just transfer it back” is not a viable strategy if a lender enforces the due on sale clause... I’ll read you the section where this applies too.
• An introduction to the risk matrix... which you’ll learn more about in the risk module.
• A clever way to use insurance premiums as a proxy for measuring how risky something is.
• Evaluating the cost and value you get from auto insurance, property insurance and umbrella insurance for asset protection with actual insurance numbers.
• Just how risky doing your own work as a handyman/contractor on your rental properties is... with numbers to back it up.
• Why it is important to realize that you don’t know what you don’t know to properly deal with asset protection for real estate investments.
• How property equity relates to how much asset protection you need... and what may be a controversial conclusion.
• The importance of not doing stupid stuff.
• Plus much more...

Check out the video and additional resources related to Secrets of Asset Protection .

Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:

https://RealEstateFinancialPlanner.com/spreadsheet

Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.

Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Plano real estate investor podcast? Book a free consultation to discuss.

Learn the secrets to hiring and managing a property manager in Plano.

This class is Module 8 of 46 in a series called Real Estate Investing Secrets.

Topics covered in this module include:

• A small tweak to your mindset around renting your property that will change all aspects of your property management... for the better... to make it easier, to lower risk, and improve profitability.
• How do you find a quality property manager you can trust to handle your valuable assets?
• Should you go with a one person “mom and pop” superstar as a property manager or a team?
• A warning sign that your property manager will have a hard time being “firm but fair” with your tenants and advocate on your behalf
• A detailed list of property manager interview questions...
• What’s one thing that you should insist your property manager has and why?
• What are typical property manager services offered and what is more unusual, niche offerings that you may (or may not) be able to easily find?
• What are the primary and secondary profit centers and fees charged by property managers?
• What does a typical property manager charge? And, what additional gotcha fees might there be?
• How do you determine their leasing policy? And, what should you insist on?
• What is the property manager’s walkthrough policies and what is recommended?
• How do property managers enforce occupancy limits and how this can save some real estate investors $1,000 per day per person in fees/fines!
• How does a property manager address tenant qualifications for screening? And, a list of questions to ask them to limit risk, reduce vacancies and evictions and improve profitability in your properties.
• How much do property managers charge tenants? And, how does that work with the owners?
• How do property managers deal with maintenance on your properties and how can this be a profit center for them?
• How do property managers deal with service animals, emotional support animals and pets?
• How will your property manager disburse rents collected? When? How frequently?
• When does your property manager start marketing your property for rent to minimize vacancy, maximize rent and reduce risk?
• How do property managers deal with evictions and the fees associated with them?
• How do property managers deal with collections when a tenant can’t pay?
• The ridiculously insane way that some property managers deal with late fees... and what you might do about it.
• How do property managers deal with rent comps before you buy properties and after they’re managing the property?
• What if things don’t work out? How do you exit out of a property management agreement?
• A “gotcha” with hiring a property manager that can cost you upwards of tens of thousands of dollars per property—and a lot more on expensive properties—if you don’t deal with it appropriately.
• How does your property manager add an additional layer of asset protection to real estate investors? And, what else do they do to reduce your risk and liability exposure?
• Plus much more...

Check out the video and additional resources related to Secrets of Hiring and Managing a Property Manager.

Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:

https://RealEstateFinancialPlanner.com/spreadsheet

Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.

Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Plano real estate investor podcast? Book a free consultation to discuss.

Learn how to overcome tenant challenges in Plano.

This class is Module 7 of 46 in a series called Real Estate Investing Secrets.

What do you do when you experience the inevitable tenant challenges like:

• Tenant not paying rent
• Tenant’s check returned for non-sufficient funds
• Tenant makes late payment
• Tenant breaks lease
• Tenant provides partial payment
• Roommates break lease
• Roommate issues/conflicts
• Tenant not maintaining property
• Receive city ordinance violation
• Tenant does not vacate property after lease expires (tenant holdover)
• Bed bugs in property
• Receive HOA violation notice
• Receive noise violation notice
• Tenant dispute with neighbor
• Automobile violation
• Pet violation
• Occupancy violation
• Maintenance request on property
• Disputed damage deposit

Plus much more...

Check out the video and additional resources related to Secrets of Overcoming Tenant Challenges.

Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:

https://RealEstateFinancialPlanner.com/spreadsheet

Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.

Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Plano real estate investor podcast? Book a free consultation to discuss.

Learn the secrets to buy and hold real estate investing in Plano.

This class is Module 6 of 46 in a series called Real Estate Investing Secrets.

Topics covered in this module include:

• What are the different variations of the buy and hold real estate investing strategy? Variations based on down payments? Variations based on property types purchased? Variations of rental duration and niche business models?
• What are the most common ways to finance buy and hold real estate investments? And what are some of the more unusual ways?
• Is buy and hold real estate investing typically an active or passive investment?
• How long do you typically hold buy and hold real estate investments? And, why might you change that?
• How do you typically exit a buy and hold real estate investment? How does your buyer typically finance the purchase when they buy from you?
• Is buy and hold real estate investing typically for real estate investors or real estate entrepreneurs… and what’s the difference?
• How much money is typically required to invest in buy and hold real estate? What are some of the less common money requirements?
• What credit is required to utilize the buy and hold real estate investing strategy? And, what are some less common credit-related requirements?
• What are the 4 primary skills required for buy and hold real estate investors? And, how does one of those skills vary depending which strategy you’re utilizing.
• Is buy and hold real estate investing actively or passively stable? And, what does that means in terms of the entire business blowing up in your face?
• How scalable—in terms of net worth—is the buy and hold real estate investing strategy? What level of net worth is it typically associated with?
• What is your risk exposure with the buy and hold real estate investing strategy? What are some of your risks? How does that increase with certain sub-strategies?
• How quickly do you make money with buy and hold? What amount of money do you make at that interval?
• How does one typically find deals as a buy and hold real estate investor? What are some of the more unusual ways to find deals?
• What do you use to analyze buy and hold real estate investments and where to get a copy of the spreadsheet you need… for free?
• What are the ideal market conditions for the buy and hold real estate investing strategy and what is a challenging market to utilize this strategy in?
• How accessible or available are viable buy and hold real estate deals?
• Can you utilize your retirement money to invest in buy and hold real estate investments?
• Plus much more...

Check out the video and additional resources related to Secrets of Buy and Hold Real Estate Investing.

Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:

https://RealEstateFinancialPlanner.com/spreadsheet

Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.

Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Plano real estate investor podcast? Book a free consultation to discuss.

Learning how to correctly manage properties is a critical skill for landlords.

This class is Module 5 of 46 in a series called Real Estate Investing Secrets.

Topics covered in this module include:

• What should you be doing to document the condition of the property before the next tenant takes possession?
• The one free thing that few landlords do that could save you thousands of dollars from an unscrupulous tenant.
• What is the risk-reduction significance of having matching photos of before and after?
• What reminders should you be sending the incoming tenant before they start renting your property?
• What is the best practice for how do you deal with a tenant moving in mid-month?
• What’s the one critically important thing we must do with the security deposit and first month’s rent we collect from the tenant?
• What day should the new tenant’s utilities start?
• What else do we give tenants prior to moving in that we expect them to have done prior to move-in?
• A little management trick you can use that gives us a break the morning the tenant’s moving in.
• What should you lease say about the move-in inspection form to significantly reduce your risk?
• What does a move-in inspection form look like? And, what should it say?
• What obligations does the tenant have to you… as the landlord the first week moving into the property? What do you do if they fail to provide it to you after 5 days?
• How do we address pest control issues with a property a tenant has just moved into?
• What’s one thing we insist tenants do in the lease and require they provide proof of when they move in?
• What should you be doing for the tenant in the first month? And, why do some landlords prefer to do this every month?
• What’s one little reminder for the tenant that can save you thousands in repair costs?
• When should you inspect a property? How do you deal with lease violations if you discover them?
• What should you be doing 90-120 days prior to the current lease expiration date?
• How do you differentiate between renewal rent rates and fair market rents? And, how do you deal with this discrepancy?
• What should you be doing 60-90 days prior to the current lease expiration date?
• See an example of a lease extension, why I personally recommend not using one and what to do instead.
• What do you do if the current tenant is not renewing their lease?
• An example of a move-out checklist? What should you include in yours?
• What should be the very first thing you do when taking possession of the property from a tenant at the end of their lease?
• What must you do to avoid having to pay a tenant 3 times their security deposit?
• What should you have in every tenant file?
• Plus much more...

Check out the video and additional resources related to Secrets of Property Management.

Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:

https://RealEstateFinancialPlanner.com/spreadsheet

Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.

Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Plano real estate investor podcast? Book a free consultation to discuss.