Buying Income Producing Rental Property

Passive Income is the goal - in this lecture definition is given and examples are provided. 

It's time to take control of your life! START LIVING and make your DREAMS BECOME REAL!  Inspiration, love, time, family, friends, happiness what do these words mean to you - are you being the YOU the really want to be?

This video provides an overview of the entire section on the benefits of why you want to operate your rentals like a business - not just a mom and pop business.  Reap the advantages short term and long term!

Creating a business plan or at least an outline is step 1 - we'll walk through the important elements of a business plan in this lecture.

Don't let asset protection scare you or cause you to be caught with your pants down - plan ahead, this lecture provides information to get you started.

Unfortunately, things happen that we don't want or expect - be prepared - insurance is important.  Learn about the different types and more information to be better informed.

Money is a good thing - thus it's important to track it regularly.

In this lecture we will review the steps necessary to operate your business daily

Is the best market to invest in your local market - maybe, maybe not!  Learn how to choose a cash flow market with this video and the ones to come in this Section.

Now that you have chosen a few markets now it's time to pick the right one for you.

Just because you are buying a multifamily doesn't mean you shouldn't take a look at house prices - in this lecture I help you understand the charts and what charts you should look at.

Understanding your local rental market is crucial prior to purchasing - in this lecture we will review what stats to look at and what trends to look at across the nation.

You don't want to miss this lecture - maybe you'll want to view it twice!

Is 2008 about to happen all over again, I think yes, see why....

We must start with an overview of the many financial terms used in the rental business this lecture goes through many of them.

To properly evaluate a property you must first know the income and expenses - many of the important financial calculations use income and expense as a base so these numbers must be spot on.

In this lecture we will review what debt service is, why it's important, and how to calculate it. 

In this lecture we will review the critically important NOI (Net Operating Income) calculation.

Tthis is what is all about - Cash Flow!  IT's why we are in the business, if you aren't making cash flow then you need to reevaluate your goals. 

In this lecture we'll better understand why the industry likes to discuss Cap Rate - what it is, how to calculate it, and why it's important.

In this lecture we will calculate the Return on an Investment and define what that means.

In this lecture you will learn a trick that will help you scan hundreds of properties quickly.

In this lecture we will run through an investment beginning to end so you can see how all the new terms you just leaned work together and how to calculate the investment analysis.

In this lecture I will walk through all the tabs, cells, and the formulas so you have a solid understanding in order to successfully understand the following real life case studies.

It's time we use the worksheet and take a look at a real life example - you can follow along and edit the spreadsheet as we go through this example of a duplex.

In this lecture we will continue with the worksheet and take a look at another real life example - you can follow along and edit the spreadsheet as we go through this example of a 4-plex.

Looking at another real life example, you can follow along and edit the spreadsheet as we go through this example of a single family house.

Time to wrap up and recap everything that we learned.  You are now equipped with the tools to find the right market, choose the right property, and analyze hundreds of deals that come your way so you only buy cash flowing property.  Cash flowing property helps you survive when markets dip and the economy slumps.