Learn the secrets to flipping properties in Buffalo.

This class is Module 19 of 46 in a series called Real Estate Investing Secrets.

Topics covered in this module include:

• What are the different variations of flipping properties and what are some of the pros and cons of each.
• What are the most common ways to finance property flips? And what are some of the more unusual ways?
• Is flipping properties typically an active or passive investment?
• How long do you typically hold flips? And, why might you change that?
• How do you typically exit a flip? How does your buyer typically finance the purchase when they buy from you?
• Is flipping properties typically for real estate investors or real estate entrepreneurs… and what’s the difference?
• How much money is typically required to flip properties? What are some of the less common money requirements?
• What credit is required to flip properties? And, what are some less common credit-related requirements?
• What are the 5 primary skills required for house flippers?
• Is house flipping actively or passively stable? And, what does that means in terms of the entire business blowing up in your face?
• How scalable is house flipping?
• What is your risk exposure with flipping properties? What are some of your risks? How does that increase with certain sub-strategies?
• How quickly do you make money with flipping houses? What amount of money do you make at that interval?
• How does one typically find deals as a house flipper? What are some of the more unusual ways to find deals?
• What do you use to analyze flips?
• What are the ideal market conditions for flipping properties and what is a challenging market to utilize this strategy in?
• How accessible or available are viable flip deals?
• Can you utilize your retirement money to flip houses?
• Plus much more...

Check out the video and additional resources related to Secrets Flipping Properties.

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 Buffalo real estate investor podcast? Book a free consultation to discuss.

Learn the secrets to real estate investor bookkeeping and accounting in Buffalo.

This class is Module 18 of 46 in a series called Real Estate Investing Secrets.

Topics covered in this module include:

• What are the ways that real estate investors can use to keep their books (track income and expenses) for their real estate investing business?
• What is the one tool that helps you get and stay organized and allows you to easily share and back up all your digital files?
• How should you organize your physical/digital files to make it easier to manage the paperwork for your real estate investing business?
• For real estate entrepreneurs dealing with seller leads, what is the recommended folder/file structure for managing all your seller property information files? How does this change if you’re doing it with physical files versus digital files?
• Why do you insist on a specific file naming convention? And, what is that naming convention?
• What is included in a typical Seller Property Information File?
• How do you recommend setting up your property files for rental properties you own?
• What is typically kept in the general folder for all properties? What about each individual property file... what do you typically keep in those?
• What do you typically keep in each entity file?
• How do you process digital communications (emails, calls, texts, PDFs, etc)? How do you process physical communications (paperwork, mail, bills, letters, etc)?
• How do you set up your file system for tenants and property management?
• How do you set up your file system for taxes?
• What information will you need for each property to do your own taxes or to send to your accountant/CPA?
• Do we get to deduct the entire mortgage payment? How do we get the number we can deduct?
• Do we get to deduct the entire capital improvement? How much can we deduct under the safe harbor provision from the IRS?
• How much can we write off for each mile traveled associated with our real estate investing business?
• Plus much more...

Check out the video and additional resources related to Secrets to Bookkeeping.

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 Buffalo real estate investor podcast? Book a free consultation to discuss.

Learn the secrets to getting your first real estate investment deal done in Buffalo.

This class is Module 17 of 46 in a series called Real Estate Investing Secrets.

Topics covered in this module include:

• A 90-day plan to buy your first rental property.
• Why there is nothing difficult to do in the real estate investing business and why it is really all about 1 critical skill that anyone can acquire regardless of age, gender, race or income.

The resources you need—and we provide as part of the course—for:

• Determining your real estate investing strategy
• Understanding your market
• Managing your rental properties
• Setting up your asset protection plan with your attorney
• Achieving financial independence and catching up on saving for retirement
• Selecting your key dream team member who will refer you to your other dream team members
• Who should be part of your dream team and why
• Coming up with or eliminating the need for a down payment
• The Core Skills required for real estate rentals
• Financing your rental properties
• Comparing lenders and mortgages to find the optimal financing for you and your strategy
• Buying down mortgage interest rates to improve cash flow
• Understanding the four primary returns on rental properties and the secondary return
• Analyzing rental properties using The World’s Greatest Real Estate Deal Analysis Spreadsheet™ including single family homes, condos, townhomes, duplexes, triplexes, fourplexes and commercial properties with 5+ units
• Minimizing rental properties expenses and maximizing rental property income to optimize cash flow
• Understanding the paperwork to buy and sell real estate
• Completing your inspection, due diligence and appraisal while under contract to buy the property
• Understanding and optimizing insurance for your real estate business
• Determining if you’re over-paying for a property or if you’ll get the price you expect when selling a property
• Understanding the silent killer of rental properties and how to avoid it
• Buying a new construction property as an investment
• Setting up and managing your bookkeeping and accounting for your rental property and real estate investing business
• Understanding the risks associated with investing in real estate and to how to mitigate some of the risks and completely eliminate some of the other risks
• Evaluate whether you should sell or refi a property you own using return on equity
• Deferring taxes on property sales using a 1031 tax-deferred exchange
• Minimizing and optimizing taxes as a real estate investor
• Achieving financial independence using real estate
• Plus much more...

Check out the video and additional resources related to Secrets to Getting Your First Deal Done.

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 Buffalo real estate investor podcast? Book a free consultation to discuss.