Real estate prices in Berkeley are high. Mortgage interest rates are high. Rents are lagging in Berkeley. Is real estate a good investment in Berkeley right now?

In this special webinar James discusses why you might still want to invest in real estate in Berkeley despite high prices, high interest rates, and lagging rents.

James will discuss why Charlie Munger says that the first $100K is the hardest. Plus, why its not ALWAYS just about cash flow with real estate investments and why you still might want to invest in real estate in Berkeley despite our current market conditions.

James has modeled just over 300 different US cities for this class for you to choose from, jump right to Berkeley:

https://RealEstateFinancialPlanner.com/model/CA/Berkeley/

Watch the video version of this class:

https://realestatefinancialplanner.com/why-you-still-might-want-to-invest-in-real-estate-despite-high-prices-high-interest-rates-and-lagging-rents/

Resources Mentioned In Class

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

The Nomad™ real estate investing strategy has you buying properties as an owner-occupant, living in them for at least a year… to fulfil your obligations to the lender for getting a low/nothing down loan with better interest rates… then converting them to a rental and moving into a new property.

Repeat this until you have the number of rental properties you desire.

But, how does the Nomad™ real estate investing strategy work in Berkeley with Berkeley housing prices, rents, taxes, insurance and rents with today’s interest rates?

How quickly can you achieve financial independence using the strategy?

How risky is the strategy?

In this class, James will walk you through the basics of the Nomad™ real estate investing strategy including all the assumptions we used for Berkeley and you can see exactly how effective… or ineffective… the Nomad™ strategy is in Berkeley with Berkeley, California numbers.

BONUS: Plus, you’ll be able to copy the Scenario into your own Real Estate Financial Planner™ account to modify any of our assumptions that you think we might have got wrong and see how that impacts the plan.

James has modeled just over 300 different US cities for this class for you to choose from, jump right to Berkeley:

https://RealEstateFinancialPlanner.com/model/CA/Berkeley/

Watch the video version of this class:

https://realestatefinancialplanner.com/real-estate-nomad-in-your-city/

Resources Mentioned In Class

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

Learn more about modeling your real estate investing strategy in CityName using a variety of different rules in the Real Estate Financial Planner™ software.

Watch the video version of this class:

https://realestatefinancialplanner.com/modeling-your-real-estate-investments-rules-overview/

Resources Mentioned In Class

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

You can purchase a property in Berkeley, California using an FHA loan with just 3.5% down. Heck, sometimes you can even get down payment assistance to help with the 3.5% down payment.

But there are other loans with lower down payment options.

However, when you put less than 20% down, FHA loans require you buy insurance to protect the lender in case you default on the loan.

This insurance… called Mortgage Insurance Premiums (MIP) for FHA loans or the equivalent of Private Mortgage Insurance (PMI) on other types of loans… has both an upfront premium and a monthly premium.

And, with FHA loans this monthly premium NEVER goes away… even when you pay down the loan to well below 80% loan-to-value.

With this Mortgage Insurance Premium (MIP) that never goes away… does that mean that FHA loans are for suckers?!

Well… not so fast… in this class we will talk about the pros and cons of FHA loans and see if they’re really just a sucker’s loan or if Berkeley real estate investors could utilize FHA loans in a beneficial way.

See the charts and watch the video version of this class:

https://realestatefinancialplanner.com/are-fha-loans-for-suckers/

Resources Mentioned In Class

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

Find out the answers to these questions and more in this first-ever chart reaction podcast episode and video from James as he goes over the following two charts from Bill McBride’s Calculated Risk Blog.

See the charts and watch the video version of this chart reaction video:

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

James is interviewed by Dave Goldberg with The Investor's Source about the effects of shifting economic forces on the real estate market.

Watch the video version of this interview:

https://www.youtube.com/watch?v=DELMeIdX8KE

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

This is a very personal recording of a class I recorded on March 10, 2021 for our real estate investor group in Northern Colorado.

In it I share some very failures and what I wish I knew if I was getting started investing in real estate in Berkeley.

Here's my list of tips:

Watch the video version of this class:

https://realestatefinancialplanner.com/10-things-i-wish-i-knew-before-starting-to-invest-in-real-estate/

Resources Mentioned

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

This is a recording of a class I recorded way back in June, 2021 for our real estate investor group in Northern Colorado. So, why am I publishing a class that's over a year old on October 24, 2022?

Over the last month, I've had several people suggest to me or ask me if in our current real estate market in Berkeley... a real estate market where...

...if in that type of real estate market in Berkeley... should they even be considering buying properties?

For example, yesterday I got the following email from a client:

"So what’s your advice to buyer clients right now? Wait for prices to fall? Buy now but with cash? Use those builder incentive loans? Watch TV with the dog?"

My response: watch the "Is Nomad Dead?!" class... that's still my answer.

And, so I figured... I might share with you the class that I feel is a really solid start to the answer to the question... should I even be thinking about investing in real estate right now with the market... especially the real estate market in Berkeley... in its current state.

One more thing before I share with you the class recording... while the answer I gave in the class is appropriate for today's real estate market... there is some additional nuance that I should... and probably will... take some time to add in future content I put out... so be sure to subscribe and be on the lookout for that.

This episode was recorded to help real estate investors make better decisions about whether they should buy investment properties or not.

Watch the video version of this class:

https://realestatefinancialplanner.com/is-nomad-dead/

Resources Mentioned

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

With rising interest rates in Berkeley, some real estate investors wonder what's a reasonable mortgage interest rate to use when planning out their next purchases.

This episode was recorded to help real estate investors better understand historical mortgage interest rates and what is reasonable to use when modeling future real estate purchases.

If you're buying a property in the next 30-90 days... just call your lender and get the current mortgage rates. But, what interest rate should you use if you're thinking about buying 10 properties over the next 10 years? How confident are you using that rate? How confident should you be?

James discusses this idea and shares with you a brand-new, super-simple spreadsheet called the Mortgage Interest Rate Confidence Meter™ that uses historic mortgage interest rate data to tell you how confident you should be using whatever interest rate you enter.

Watch the video version of this class:

https://realestatefinancialplanner.com/having-confidence-with-modeling-retirement-with-real-estate-investments/

Resources Mentioned

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

With rising interest rates in Berkeley, some investors are wondering if real estate investing is dead.

This episode was recorded to help real estate investors better understand how much and how quickly interest rates have changed over the last 35 years. Then, with that knowledge, what the impact might be on real estate investors plus the start of a conversation on some possible solutions.

Watch the video version of this class:

https://realestatefinancialplanner.com/impact-of-rapidly-rising-interest-rates-on-real-estate-investors/

Real Estate Models for Berkeley, California

Direct link to the real estate investing models for Berkeley, California

Resources Mentioned

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