Nomad™ Real Estate Investing Podcast artwork

Nomad™ Real Estate Investing Podcast

253 episodes - English - Latest episode: about 2 years ago - ★★★★★ - 27 ratings

Real estate investing podcast and recordings of live classes focused primarily on the Nomad™ real estate investing strategy, but also covering traditional buy and hold.

Investing Business Entrepreneurship real estate investing real estate investor nomad™ rental property brrrr
Homepage Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Episodes

The Ultimate Guide to Earnest Money

October 22, 2020 16:00 - 1 hour - 56.9 MB

Are you OK losing your Earnest Money? Or, do you want to keep it? In this podcast episode we get answers to the following questions: Are Earnest Money Deposits Refundable? Are Earnest Money Checks Cashed? Are Earnest Money Deposits Required? Is Earnest Money Part of Down Payment? 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 Ca...

Ask Me (Almost) Anything

October 15, 2020 16:00 - 2 hours - 88.6 MB

Hear Brian and James answer questions about real estate investing live without a net in this special "Ask Me (Almost) Anything" class: https://realestatefinancialplanner.com/ask-me-almost-anything-2020-edition/

Everything You Learned About Deal Analysis is Wrong - ROIQ+R™

October 08, 2020 02:00 - 2 hours - 84 MB

James released the brand new ROIQ+R™ as well as RIDQ+R™, ROEQ+R™ and related concepts.

Real Estate Investor Buying Process Overview - 2020 Edition

September 24, 2020 15:00 - 1 hour - 82.2 MB

In this class, James runs you through the entire Real Estate Investor Buying Process Overview including info about the first meeting with your real estate agent, what you need to do before you go look at properties, what to do at showings, writing offers, contract to close, closing and the relationship after closing. https://realestatefinancialplanner.com/real-estate-investor-buying-process-overview-2020-edition/

How to Get Down Payment - 2020 Update

September 17, 2020 16:00 - 2 hours - 92 MB

Covered in this episode: COVID-19 Update and Rental Property Delinquency Update Not Just Down Payment… Down Payment + Reserves Two Approaches to Down Payments: Reduce (the need for down payments) and Produce (the needed down payments) Price and a discussion of Gary Keller's “Be In The Middle of the Market” chart from The Millionaire Real Estate Investor book Dealing with strong seller's markets, above market offers, weakening appraisal and inspection terms for the buyer and how it relat...

Seller's Property Disclosure Case Studies

September 10, 2020 14:00 - 1 hour - 69.4 MB

A lot of folks get excited about the "sexy" real estate topics... stuff about buying a gazillion dollars worth of real estate, starting with no money, in 3 seconds and no prior experience. We've got classes sort of like that... less hype... but still sexy. But that's not this class. Because in addition to the sexy topics, you need the meat-and-potatoes, how-to, real practical stuff to actually do the real estate investing. That's this class on Seller's Property Disclosures, SPDs for short...

Contract to Close - 2020 Edition

August 27, 2020 12:00 - 2 hours - 89.4 MB

In this special class recording, James (and Brian) go over everything you need to know from when you go under contract to buy a property up to closing. https://realestatefinancialplanner.com/contract-to-close-2020-edition/

Arguably the Best Class of the Year - Part 5

August 20, 2020 11:00 - 2 hours - 95.9 MB

James and Brian tackle topics too important not to teach but too small to be their own stand alone class in what is said to be Arguably the Best Class of the Year - Part 5. Topics covered in part 5 include: Historical rent appreciation rates by James Should I Roll Landscaping into My New Construction Purchase? by James Why Every Real Estate Investing Spreadsheet Is Wrong! by James What Should I Use For Maintenance In My Deal Analysis Spreadsheet? by Brian https://realestatefinancialpla...

Strategies to Get the Lowest Monthly Payment When Buying - 2020 Edition

August 13, 2020 17:00 - 1 hour - 72.9 MB

James gives an updated version of his now famous "Strategies to Get the Lowest Monthly Payment When Buying" class. James used to offer his Lowest Monthly Payment Guarantee™ to clients buying properties with him as their real estate broker. Now, you can learn the same strategies in this class. https://realestatefinancialplanner.com/strategies-to-get-the-lowest-monthly-payment-when-buying-2020-edition/

Closing Real Estate Deals - 2020 Edition

July 30, 2020 04:00 - 2 hours - 87.1 MB

Learn everything you need to know as a real estate investor to close on your first (or next) real estate deal. James dives deep into the real estate closing including covering what to do before closing, the closing of the real estate portion of the transaction and the closing of the loan. Plus, what to do immediately after closing. https://realestatefinancialplanner.com/closing-real-estate-deals-2020-edition/

Establishing Your Buying Criteria Workshop

July 23, 2020 14:00 - 1 hour - 70.3 MB

For this workshop, download a copy of the Buying Criteria Worksheet and follow along as James walks you through creating your own real estate investing buying criteria. https://realestatefinancialplanner.com/establishing-your-buying-criteria-workshop/

Buying Down Interest Rates - 2020 Edition

July 16, 2020 15:00 - 2 hours - 87.5 MB

Should you pay extra to buy down your interest rate or is that pissing away hard-earned money? Find out this and a whole lot more in this special class on buying down your interest rate for real estate investors. For more info and to access the spreadsheet go to: https://realestatefinancialplanner.com/buying-down-interest-rates-2020-edition/

Negotiating Win-Win Inspections for Maximum Benefit - 2020 Update

July 02, 2020 12:00 - 2 hours - 91.1 MB

James, Tammy and Brian walk you through the inspection process when buying or selling a property in Colorado in detail with negotiating tips and tips for staying out of trouble. Check out the webpage for additional resources or to watch the video with the slides: https://realestatefinancialplanner.com/negotiating-win-win-inspections-for-maximum-benefit-2020-edition/

Crushing Your Real Estate Goals Using EV

June 25, 2020 14:00 - 2 hours - 94.4 MB

Brian, a professional poker player turned real estate investor shares what he learned about playing poker and how it applies to crushing your real estate investing goals. https://realestatefinancialplanner.com/crushing-your-real-estate-goals-using-ev/

Live Deal Analysis

June 11, 2020 20:00 - 2 hours - 95.1 MB

Watch as Brian walks you through how to go from property emails in your inbox from your real estate agent to analyzing the property to buy a deal in this special live, without a net, deal analysis class. And, watch the video here: https://realestatefinancialplanner.com/live-deal-analysis/

Deal Analysis Post-Coronavirus

June 04, 2020 14:00 - 2 hours - 90.3 MB

This class is similar, but an updated version of World’s Greatest Deal Analysis Spreadsheet Unleashed – 2019 Edition. In this class Brian covers: A shorter COVID-19 Update How do buy-and-hold real estate investors, Nomads™ and house hackers make money – the four areas of return from the Return on Investment Quadrant™ Terms and definitions of deal analysis An introduction to the new “simplified” spreadsheet Finding properties to buy Example property to analyze #1 – a new construction si...

Financial Success Through Scary Times and Beyond

May 21, 2020 13:00 - 2 hours - 97.8 MB

Brian covers the following in this episode with a brief visit from a "special guest": Does “Real Estate Investing” Really Work? Financial Education and Mis-education – What We’ve Been Taught 401Ks, the Stock Market and The Con of Retirement The Mindset of the Wealthy, Poor and Middle Class Overcoming the 12 Fears That Hold You Back Check out the video at: https://realestatefinancialplanner.com/financial-success-through-scary-times-and-beyond/

Real Estate Investor Financing After Coronavirus

May 14, 2020 14:00 - 2 hours - 89.9 MB

Learn everything you need to know about financing buy-and-hold, Nomad™ and house hacking deals in this special class. Topics covered include: COVID-19 Update Buying Process Overview First Meeting with Your Real Estate Agent Types of Financing How to Select a Lender Private Mortgage Insurance Nothing Down Financing Creative Financing Loan Type and Mortgage Insurance Comparison Chart Owner-Occupant Loans versus Non-Owner-Occupant Loans 15% Versus 20% Versus 25% Down Payments for No...

How to Get Your Next Deal Done After Coronavirus

May 07, 2020 17:00 - 2 hours - 86 MB

Brian tries to teach all 200+ of our real estate investor classes in one AMAZING 2-hour class. Access this class with video and additional links to related resources here: https://realestatefinancialplanner.com/how-to-get-your-next-deal-done-after-coronavirus/ Or, see the written version of how to get your first deal done.

One Crazy Night - Brian Solves All Your Real Estate Challenges

April 23, 2020 11:00 - 2 hours - 92.4 MB

A call-in variety show of your most pressing real estate investing questions and answers by Brian and a little bit of James. For a detailed list of topics covered and to watch the video, check out: https://realestatefinancialplanner.com/one-crazy-night-brian-solves-all-your-real-estate-problems/

Cash Flow Versus Appreciation

April 16, 2020 13:00 - 2 hours - 88 MB

James walks you through the difference investing in a primarily home price appreciating market (appreciation) compares to investing in a primarily rent appreciating market (cash flow). Taught via allegory about “Cash Flow” Brian versus “Appreciation” James. “Cash Flow” Brian lives and invests in a real estate market where buying a property with 20% down starts with $100 per month in cash flow. Plus, rents are going up at the same rate as inflation, 3% per year. Property values in “Cash Flo...

April 9, 2020 - Emergency Market Update

April 10, 2020 02:00 - 1 hour - 49.7 MB

James and Brian discuss a new survey of real estate agents nationwide on the state of the market during the COVID-19 emergency. Topics covered include: COVID-19 nationwide update from the National Association of Realtors Discussion of some of the programs to help real estate investors All showings of properties to immediately cease A discussion of the current real estate investor opportunities Home Equity Lines of Credit (HELOCs) for Real Estate Investors To watch the video, check out...

Real Estate Investor Horror Stories

April 09, 2020 14:00 - 1 hour - 77.6 MB

Against my better judgment, I am publishing the recording of this class that discusses all the things that can go wrong investing in real estate. Topics covered: COVID-19 update Mathematical Expectation or EV Variance 6-plex Deal Horror Story An assortment of short real estate investor horror stories To watch the video and see additional resources, check out the webpage here: https://realestatefinancialplanner.com/real-estate-investor-horror-stories-2020-edition/

How to Go Broke Using the BRRRR Strategy

April 02, 2020 14:00 - 2 hours - 92.2 MB

In this special class James teaches you about a dangerous flaw in the Buy, Rehab, Rent Refi and Repeat Strategy (commonly known as the BRRRR Strategy). Topics covered include: COVID-19 update by Brian including charts showing the decline in the number of showings BRRRR Gotchas The Past Does Not Equal The Future Home price and rent appreciation summary across 552 real estate markets Inflation from 1914-2019 and 2010-2018 (the period of our market study) Percentage of markets where pric...

Should I Wait for a Real Estate Dip to Invest in Real Estate?

March 26, 2020 13:00 - 2 hours - 92.1 MB

In this class James talks about a variety of topics related to timing the market including: COVID-19 update by Brian Recent S&P 500 activity Comparing house prices to stock prices Real estate market performance during recessions Fundamental versus technical analysis Quotes by successful investors about timing the market Real estate market cycles Home builder profit margins Where to keep your money while waiting to time the real estate market Interest rates - a chart based history ...

Solving Tenant Challenges - COVID-19 2020 Edition

March 19, 2020 05:00 - 2 hours - 104 MB

In part 4 of 4 of our series on how to manage your rental properties, Brian talks about how to solve tenant challenges like late rent payments, returned checks, breaking leases, not maintaining the property and other non-compliance with lease agreements issues. Plus, we share with you some late-breaking news about how to deal with HUD suspending evictions and foreclosures. https://realestatefinancialplanner.com/solving-tenant-challenges-2020-edition/

How to Invest $100K in Real Estate

March 12, 2020 15:00 - 2 hours - 86.1 MB

Learn how investing $100K in a variety of different investments and real estate strategies compares in this special class. Plus, copy any of the test Scenarios in your own Real Estate Financial Planner account to change any of the assumptions discussed here: https://realestatefinancialplanner.com/how-to-invest-100k/

Converting Your Owner-Occupant Property to a Rental

March 05, 2020 15:00 - 1 hour - 81.6 MB

For the first time ever, we've taught a class on how to take an owner-occupant property and the steps to convert the property to a rental. Watch the video and download the PDF checklist here: https://realestatefinancialplanner.com/converting-your-owner-occupant-property-to-a-rental/

Managing Your Property Manager - 2020 Edition

February 27, 2020 15:00 - 2 hours - 96.8 MB

If you're going to hire a property manager to manage your rental properties, you will find this episode particularly valuable. Brian covers how to manage your property manager in amazing detail while James sits in the back row and relaxes until the very end of class. https://realestatefinancialplanner.com/managing-your-property-manager-2020-edition/

How to Achieve Financial Independence and Retire Early Starting with Nothing But Grit and Tenacity

February 20, 2020 17:00 - 2 hours - 85.7 MB

In episode IV of the quadrilogy on how to achieve financial independence with real estate, James goes over how to achieve FIRE starting with no savings and on minimum wage in Colorado ($12 per hour). Check out the videos of all 4 episodes of the quadrilogy here: https://realestatefinancialplanner.com/financial-independence-with-real-estate-classes/ Or, watch the video of this class here: https://realestatefinancialplanner.com/how-to-achieve-financial-independence-and-retire-early-startin...

Tenant Screening Mastery - 2020 Update

February 06, 2020 13:00 - 2 hours - 90.5 MB

Join Brian as he goes over how to screen tenants in this updated class for 2020.

NoCo Market Stats - 2019 in Review

January 30, 2020 17:00 - 2 hours - 91.1 MB

Taught live on January 29, 2020 Brian goes over a summary of the most recent market stats for 2019 and makes some predictions about what we can expect in 2020 and beyond. Originally, we intended to have James and Brian co-teach this class with Brian teaching half and then James teaching the second half, but Brian's presentation was so amazing it went the full two-hours.

The Ultimate Guide to Private Mortgage Insurance (PMI)

January 23, 2020 17:00 - 1 hour - 72 MB

In The Ultimate Guide to Private Mortgage Insurance (PMI), James covers all aspects of PMI for buying real estate with an emphasis on how PMI impacts you as a real estate investor buyer. For more info, check out: The Ultimate Guide to Private Mortgage Insurance

Should I Pay Off My Mortgage?

January 16, 2020 15:00 - 1 hour - 79.1 MB

Should I pay off my mortgage? Should I pay extra on my mortgage? Should I pay off my rentals early? These are questions we should consider and ones that you should use a mortgage payoff calculator (like the Real Estate Financial Planner™ (https://realestatefinancialplanner.com/) software) to evaluate for yourself. James will walk you through the math and show you, once and for all, whether you should pay off your rental property or let them pay off with their normal amortization schedule. ...

Insider's Secrets to Real Estate Investing Philosophies

January 09, 2020 14:00 - 2 hours - 84.1 MB

In the best class of 2020--so far--Brian does a quick update on Emotional Support Animals and some of the new laws passed in Colorado that impact landlords including 10 day notices, habitability standards and bed bugs. Then, Brian and James let you eaves drop on some of the conversations they have on the phone where they discuss a variety of topics related to real estate investing philosophies.

NCREIG 2019: Intros Only "Class"

December 05, 2019 06:00 - 2 hours - 96 MB

The last teaching class of the year turned out to be just intros only... did not have time to teach a regular class at all. You may also want to check out the blog post on how to invest $100K.

NCREIG 2019: Real Estate Appraisals for Real Estate Investors

November 21, 2019 15:00 - 1 hour - 80.2 MB

In this special episode recorded live at the Northern Colorado Real Estate Investor Group meeting on November 20, 2019... Tammy taught for the first time. Well... she sort of taught with the help of James. Learn all about appraisals in this new class. And, if you're interested in learning more about how to invest $100K using the Real Estate Financial Planner™ software, check out our latest blog post.

NCREIG 2019: Evaluating Mortgages and Comparing Lenders

November 17, 2019 15:00 - 1 hour - 82.4 MB

In this special edition of the Northern Colorado Real Estate Investor Group, James covers how to evaluate mortgages and compare lenders. Coming off working on his epic blog post on how to invest $100K, James dives deep and covers the critical factors that he believes should be used to determine which lender to use and which loan. If you're interested in investing in Fort Collins Real Estate or seeking out Loveland investment properties or Greeley investment property then the resources Jame...

NCREIG 2019: Better Credit for Better Deals - Improving Your Credit as a Real Estate Investor

November 07, 2019 18:00 - 2 hours - 88.4 MB

In this special class recording from November 6, 2019 for NCREIG, Jassen goes over the factors that impact your credit score and how to improve your credit score. Jassen (with a little help from James) then goes over the impact of having different credit scores on your overall return on investment in dollars and return on investment as a percentage for a variety of scenarios. For more information and to watch the video of the presentation, check out the Ultimate Guide to Credit Repair for ...

NCREIG 2019: Beyond Cash Flow - The Return on Investment Quadrant™

October 24, 2019 15:00 - 2 hours - 86.9 MB

In this special new class, James teaches all about the 4 primary components of return: appreciation, cash flow, cash flow from depreciation and debt paydown. Then, he walks you through a few scenarios and how the return of each component and the overall return varies. The scenarios he covers include: - Rolling upgrades into the purchase when buying new construction - 3 types of private mortgage insurance (PMI) for Nomads™ - Buying down your mortgage interest rate with monthly PMI for Noma...

NCREIG 2019: The Ultimate Guide to the BRRRR Strategy

October 19, 2019 16:00 - 1 hour - 77.5 MB

Follow along as James teaches the Buy, Rehab, Rent, Refi and Repeat strategy for the first time. James covers what the BRRR strategy is and why it becomes BRRRR when you do it repeatedly. He answers the following questions: Can you do the BRRRR strategy in our local market in Northern Colorado? Or, can you do it remotely in other markets from NoCo? How big of a discount do you need to buy? What are the two flavors of BRRRR? Types of financing you can use when you do your initial purchas...

NCREIG 2019: Line of Credit Magic for Real Estate Investors

September 26, 2019 21:00 - 1 hour - 76.5 MB

Join special presenter Daryl Stolte, NCREIG member of the year 2019, (with a tiny bit of James sprinkled in) as he presents Line of Credit Magic for Real Estate Investors... how to use lines of credit to become a better real estate investor.

NCREIG 2019: Advanced Lease-Option Deal Analysis

September 19, 2019 15:00 - 2 hours - 93.7 MB

If you're interested in becoming better at analyzing deals, then this is the class for you. Join James for the recording of the live NCREIG class where James walks you through Brian's amazing spreadsheet (The World's Greatest Real Estate Deal Analysis Spreadsheet™) to analyze a real lease-option deal. This video should supplement the epic blog post James is writing on How to Analyze Real Estate Deals. Visit that blog post for detailed info on how to analyze deals and to download a copy of t...

NCREIG 2019: Rules of Thumb and the Sacred Numerology of Real Estate Investing

September 05, 2019 07:00 - 2 hours - 84.7 MB

James teaches you all about a variety of real estate investing rules of thumb like the 1% rule, 2% rule, 3% rule, 4% rule, rule of 72, rule of 144 and many more: You may also want to check out James' new page on Fort Collins Investment Real Estate.

NCREIG 2019: Presenting a Deal to Potential Partners

August 29, 2019 16:00 - 2 hours - 94.8 MB

Interesting in partnering with others for your real estate investing? This class is amazing... Brian goes over some of our best materials for presenting a deal to a potential partner plus much more.

NCREIG 2019: CapEx - The Silent Killer

August 22, 2019 17:00 - 2 hours - 82.9 MB

In this episode http://www.biggerpockets.com/renewsblog/2015/03/03/why-you-cant-make-money-on-30000-houses/Brian goes over the impact of capital expenses on long-term rental properties. NCREIG Silver Members can watch the video presentation here: https://jamesorr.com/capex-the-silent-killer-updated-2019/ Links referenced in the presentation by Brian: https://www.biggerpockets.com/blog/low-income-neighborhoods http://www.biggerpockets.com/renewsblog/2014/02/25/why-you-should-not-buy-chea...

NCREIG 2019: Financial Mindset and Overcoming Fear

August 15, 2019 16:00 - 1 hour - 80.4 MB

Do you have the mindset of the poor, the middle class, the rich or the wealthy? Do you have fears about going for it and achieving your financial goals? Brian references some information from "Rich Dad, Poor Dad" and "Second Acts" in this class. NCREIG attendees can watch the video here: https://jamesorr.com/financial-mindset-and-overcoming-fear-class/

NCREIG 2019: Millionaire Real Estate Investor book by Gary Keller

August 08, 2019 16:00 - 1 hour - 77 MB

This is probably one of the top 3 books I recommend to real estate investors. Even if you listen to this class, you should still buy the book and read it; it is amazing. However, in this class Brian takes the book by Gary Keller and teaches you some of the key concepts. This is the third time Brian has taught the class. Clients can also watch the video with the slides here: https://jamesorr.com/the-millionaire-real-estate-investor-class-updated-2019/

NCREIG 2019: Bookkeeping and Accounting for Real Estate Investors

July 30, 2019 16:00 - 1 hour - 56 MB

Brian is amazing. In this episode Brian reveals his best practices, tips and strategies for making the bookkeeping and accounting for your real estate investments easy and... dare I say... fun! Setting up your systems for staying organized is also discussed in detail. Brian also goes over his spreadsheet (available as a download for Excel) to make keeping track of your rental properties and LLCs super easy especially at tax time. https://jamesorr.com/bookkeeping-and-accounting-for-real-esta...

NCREIG 2019: House Hacking versus Nomad™

June 27, 2019 20:00 - 2 hours - 85.5 MB

What are the differences and similarities between the Nomad™ real estate investing strategy and House Hacking? Which one provides the fastest route to achieving positive cash flow with your real estate investments and reaching financial independence? In this episode James explores each of these strategies in detail and how they compare.