West Valley City Real Estate Investing & Real Estate Financial Planning™ Podcast - podcast cover

West Valley City Real Estate Investing & Real Estate Financial Planning™ Podcast

Learn all about investing in real estate in West Valley City, Utah with a combination of real estate financial planning and modeling with numbers specific to West Valley City plus syndicated, more generalized recordings of live and pre-recorded real estate investing classes (not all specific to West Valley City).

Episodes

Secrets to Low and Nothing Down Strategies

Learn the secrets to buying investment properties with little or no down payments in West Valley City. This class is Module 25 of 46 in a series called Real Estate Investing Secrets . Topics covered in this module include: What are the loans you use to invest in real estate with little or no down payment? What are the real estate investing strategies you can use to invest in real estate with little or no down payment? Why it makes sense… sometimes… to not do a deal even if it is low or nothing d...

Mar 07, 20251 hr 13 minEp. 149

Secrets to Risk Mitigation and Elimination

Learn the secrets to eliminating or, at least, mitigating the risks when investing in real estate in West Valley City. This class is Module 24 of 46 in a series called Real Estate Investing Secrets . Topics covered in this module include: How to think about risks in terms of severity and likelihood and which are the most devastating? For each risk: what is it, how can we mitigate its impact or completely eliminate it, and what to do if we find ourselves dealing with each one? Which risks are ins...

Feb 28, 20252 hr 32 minEp. 148

Secrets to BRRRR

Learn the secrets to the BRRRR real estate investing strategy in West Valley City. This class is Module 23 of 46 in a series called Real Estate Investing Secrets . Topics covered in this module include: What are the different variations of the Buy, Rehab, Rent, Refi (and Repeat)—commonly abbreviated as the BRRRR strategy—and what are some of the pros and cons of each. What are the most common ways to finance BRRRR properties? And what are some of the more unusual ways? Is the BRRRR strategy typi...

Feb 21, 202540 minEp. 147

Secrets to Paperwork to Buy and Sell

Learn the secrets to the paperwork to buy and sell real estate in West Valley City. This class is Module 22 of 46 in a series called Real Estate Investing Secrets . Topics covered in this module include: How do you get the contracts and disclosures for buying and selling real estate in your market? When and how should you review the paperwork for your real estate investing? What are some of the most common documents and what do they do? What are the major contract sections for the contract to bu...

Feb 14, 20251 hr 4 minEp. 146

Secrets of Comparing Mortgages and Lenders

Learn the secrets to comparing mortgages, loans and lenders in West Valley City. This class is Module 21 of 46 in a series called Real Estate Investing Secrets . Topics covered in this module include: Why selecting a lender isn’t always about price… and what are some of the other selection criteria to consider. Why just because one lender says it can’t be done, doesn’t always mean that it can’t be done. The best ways to find a lender. How to call lenders to get quotes. Why you shouldn’t let each...

Feb 07, 202558 minEp. 145

Secrets of Analyzing Deals

Learn the secrets to analyzing deals in West Valley City. This class is Module 20 of 46 in a series called Real Estate Investing Secrets . Topics covered in this module include: Where can you get a free deal analysis spreadsheet to analyze your own deals? Which fields should I fill in when analyzing a deal, and which should be left for the spreadsheet to calculate? What is the difference between ARV (After Repair Value) and purchase price, and when should I use each? Why does Warren Buffett say,...

Jan 31, 20251 hr 20 minEp. 144

Secrets of Flipping Properties

Learn the secrets to flipping properties in West Valley City. 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...

Jan 24, 20251 hr 2 minEp. 143

Secrets of Bookkeeping

Learn the secrets to real estate investor bookkeeping and accounting in West Valley City. 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 organi...

Jan 17, 202557 minEp. 142

Secrets to Getting Your First Deal Done

Learn the secrets to getting your first real estate investment deal done in West Valley City. 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 o...

Jan 10, 202551 minEp. 141

Secrets of Return on Investment

Learn the secrets of return on investment for rental properties in West Valley City. This class is Module 16 of 46 in a series called Real Estate Investing Secrets . Topics covered in this module include: What are the 4 primary areas of return on rental properties? And, what is the secondary return? What time period do we typically look at for returns on rentals? How does that change from analyzing the deal to steady-state of owning the rental property? What are the two types of appreciation? Is...

Jan 03, 202556 minEp. 140

Secrets to House Hacking

Learn the secrets of house hacking in West Valley City. This class is Module 15 of 46 in a series called Real Estate Investing Secrets . Topics covered in this module include: What are the different variations of the house hacking real estate investing strategy and what are some of the pros and cons of each. What are the most common ways to finance house hacking real estate investments? And what are some of the more unusual ways? Is the house hacking real estate investing typically an active or ...

Dec 27, 20241 hr 17 minEp. 139

Secrets to Financing

Learn the secrets of financing investment properties in West Valley City. This class is Module 14 of 46 in a series called Real Estate Investing Secrets . Topics covered in this module include: What are the 14 financing options for buying rental properties? What is PMI and why would you ever pay for insurance to protect the lender? How paying the lender can improve your cash flow and how accepting a little kickback from the lender can reduce your closing costs. The 5 most common loan programs fo...

Dec 20, 20241 hr 21 minEp. 138

Secrets to Down Payments

Learn the secrets of down payments for real estate investing in West Valley City. This class is Module 13 of 46 in a series called Real Estate Investing Secrets . Topics covered in this module include: Why focusing on down payments is short-sighted and what you should be focused on instead. The two primary ways to address down payments; it is not just about generating down payments. Will it work for me? How to apply these strategies to your unique situation. What’s the median down payment for a ...

Dec 13, 20242 hr 43 minEp. 137

Secrets to Selecting an Investor-Friendly Real Estate Agent

Learn the secrets of selecting an investor-friendly real estate agent in West Valley City. This class is Module 12 of 46 in a series called Real Estate Investing Secrets . Topics covered in this module include: What is the NAR settlement and how will it likely impact buyers and sellers? What’s the difference between real estate agents, brokers, and REALTORS®? What does the real estate agent do in the transaction? What do the other professionals do? What do you do? Pros and cons of working with o...

Dec 06, 20241 hr 22 minEp. 136

Secrets of Retirement Catch-Up

Learn the secrets of catching up on saving for retirement in West Valley City... 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? Wha...

Nov 29, 202455 minEp. 135

Secrets of Nomad™ Real Estate Investing

Learn the secrets of the Nomad™ real estate investing strategy for West Valley City 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 inv...

Nov 22, 20241 hr 18 minEp. 134

Secrets of Asset Protection

Learn the secrets of asset protection for West Valley City 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 sue...

Nov 15, 20241 hr 24 minEp. 133

Secrets of Hiring and Managing a Property Manager

Learn the secrets to hiring and managing a property manager in West Valley City. 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...

Nov 08, 20242 hr 57 minEp. 132

Secrets of Overcoming Tenant Challenges

Learn how to overcome tenant challenges in West Valley City. 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...

Nov 01, 202452 minEp. 131

Secrets of Buy and Hold Real Estate Investing

Learn the secrets to buy and hold real estate investing in West Valley City. 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? A...

Oct 25, 20241 hr 7 minEp. 130

Secrets of Property Management

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 aft...

Oct 18, 20241 hrEp. 129

Secrets of Tenant Screening

Tenant screeing... an important, but often overlooked skill. If you're going to manage properties yourself in West Valley City, you're going to need to know how to screen tenants. This class is Module 4 of 46 in a series called Real Estate Investing Secrets . Topics covered in this module include: What are the 5 steps in the property management process? What 10 things should you always check—and why—when preparing a property to rent? The Tenant Screening Process... in 5 easy steps. How to think ...

Oct 11, 20241 hr 24 minEp. 128

Secrets to Marketing to Find Tenants

If you're going to manage properties yourself in West Valley City, you're going to need to know how to do the marketing to find tenants. This class is Module 3 of 46 in a series called Real Estate Investing Secrets . Topics covered in this module include: The 6 “Property Management Mastery” modules included with this course. How to change your thinking about renting a property to a tenant that can improve your marketing and tenant screening. How early should you start marketing your property for...

Oct 04, 20241 hr 2 minEp. 127

Secret Market Stats

Having a solid understanding of historical market stats is important for investing in real estate in West Valley City. This class is Module 2 of 46 in a series called Real Estate Investing Secrets . Topics covered in this module include: Should you try to “time the market” using data to increase profitability? How much are properties selling for? Do property values always go up? How much have properties gone up per year since 1965? What would your annual ROI be on a property using that appreciat...

Sep 27, 20241 hr 26 minEp. 126

Secrets of the 7 Ways to Invest in Real Estate

Having a deep understanding of the 7 key real estate investing strategies is critically important for your success as a real estate investor in West Valley City. This class is Module 1 of 46 in a series called Real Estate Investing Secrets . Topics covered in this module include: The 7 ways to invest in real estate… plus 2 more bonus strategies that we don’t cover Which strategies are great for investing with little or no down payment? Which strategies are great for generating immediate money in...

Sep 20, 20241 hr 21 minEp. 125

Warning - Risks of Missed Inspection Issues When Investing in Real Estate

There's a risk to just about everything in life... including investing in real estate. One risk that some real estate investors fear is the risk of buying a property having missed important, expensive issues with the property during the inspection period. In this class, James will discuss the risk of investing in real estate and specficially the risks associated with missing things on inspection. Topics covered in this class include: The 3 primary ways to limit your exposure during the inspectio...

Sep 13, 202435 minEp. 124

How Return on Investment Changes Based on How You Pay PMI

If you're going to put less than 20% down when buying a property, the lender is likely to require that you pay private mortgage insurance (PMI) to protect them in case you default on the loan. This usually applies to Nomads™, house hackers, and investors putting 15% down to acquire non-owner-occupant properties. There are 3 ways to pay PMI: Monthly Get the lender to pay it by raising the interest rate One-time, upfront, lump sum But of those three options, which gives you the best return in doll...

Sep 06, 202429 minEp. 121

Warning - Risks of Interest Rates Rising When Investing in Real Estate

There's a risk to just about everything in life... including investing in real estate. One risk that some real estate investors fear is that rising mortgage interest rates will: Increase their mortgage payment and therefore hurt cash flow, or The rising mortgage interest rates will lower affordability and demand for properties, and therefore the value of properties they own will decline. In this class, James will discuss the risk of investing in real estate and having mortgage interest rates ris...

Aug 30, 202447 minEp. 120

Warning - Risks of Tenants Trashing Properties When Investing in Real Estate

In this special class about the dangers, risks and warnings of investing in real estate: The #1 fear that keeps potential landlords and new real estate investors up at night! Expert insights on why this fear is more common among inexperienced landlords and investors in challenging real estate markets. Real-life horror stories of tenants causing significant damage and expensive repairs - and how to avoid falling victim to it. Proven strategies to select reliable tenants through thorough improved ...

Aug 23, 202445 minEp. 116

How to Analyze an All-Cash Rental Property Purchase

Interested in learning how to analyze deals using The World's Greatest Real Estate Deal Analysis Spreadsheet™ ? Specifically, do you need to know how to analyze a deal purchased with an interest-only loan? In this special deal analysis, you will: Discover the secret strategy for analyzing the purchase of a rental property with an interest-only loan that can dramatically boost your cash flow. Unveil the power of making extra principal payments on interest-only loans and how it can improve your RO...

Aug 16, 20241 hr 13 minEp. 115