A deep dive into the strategy of buying rental properties utilizing the Nomad™ real estate investing strategy in Berkeley, California.
Includes a qualitative class discussing what the Nomad™ strategy is and how to do it plus quantitative, numbers-based discussions showing how the strategy performs toward a goal of achieving financial independence.
Check out our Nomad™ modeling (and other real estate investing strategies) for Berkeley, California:
https://RealEstateFinancialPlanner.com/model/CA/Berkeley/
Topics discussed include:
Money, credit and skills requiredThe style of this strategy (investor/entrepreneurial)The stability and scalability of this strategyWhat is your risk exposure and profit speed doing this strategyFinding and analyzing deals including any direct marketing suggestionsThe best real estate market conditions for this strategyHow accessible and available are properties for this strategyWhether you can do this strategy with a retirement accountWe discuss both long-term tenants and short-term tenants (like vacation rentals).This was a live class recorded to give investors a solid overview of the Nomad™ real estate investing strategy including traditional Nomad™, Fixer Upper Nomad™, Nomad™ by Proxy, Nomad™ to Short-Term Rental, Nomad™ with House Hacking, Nomad™ with Lease-Option Exit and The Ultimate Real Estate Agent Retirement Plan.
Watch the video version of this class and download the handouts from the live in-person version:
https://RealEstateFinancialPlanner.com/nomad-real-estate-investing-strategy/
The following are additional resources mentioned in the class recording:
How to Acquire a Multi-Million Dollar Real Estate Portfolio Starting with Just $3,000 - A series of classes and book James wrote about using the Nomad™ with Lease-Option strategy to do Nomad™ with very limited down payments.Return Quadrants - Learn about James Orr's Return Quadrants for better understanding of how real estate investments make money and how much.The Ultimate Financial Independence Retire Early Budget - A class and downloadable spreadsheet for creating your own Ultimate FIRE Budget.Real Estate Financial Modeling for 300 Cities - See how buy and hold might perform for properties in your local real estate market and see our modeling for implementing a variety of real estate investing strategies using city-specific numbers for over 300 cities.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.