This is a global course about diversification into real-estate for your retirement.
You found the right course if you answered yes, to any of the questions above.
This course has four parts and can be done within just one hour.
First, we will review what is so special about real-estate and why it is still one of the best ways to invest in any country. We will then discuss how we changed our mindset and how we overcame the fears that keep many of our friends and colleagues from directly investing in real estate. In the third section, we will discuss that investing in real-estate is a business and should be treated as such, and finally, we will briefly touch on how to buy and operate a rental property while still working full-time.
This is a course related to personal finance and will help you to understand why most wealth has been made or is held in real-estate.
Overview of the course "How we successfully diversified into real-estate for our retirement."
Disclaimer. In this course, I’m pointing out how I used existing tax laws and other regulations for my personal investments.
Please contact your own attorney and CPA before you make any investments decisions!
Advantages of investing into real-estate.
Real-estate never loses its intrinsic value, is easy to understand, and moves much slower compared to other investments.
It is part of the five basic human survival needs which is the reason that most governments will support your real-estate investment with tax breaks.
ROI stands for "Return on Investment" . Calculation of ROI = (Net Profit / Cost of Investment) x 100
Learn how my landlord made about 14.3% ROI every year without much effort. This is a great example how powerful investing in real-estate really is.
Term "accredited investor" explained. Learn the definition from the website of the US. Securities and Exchange commission (sec.gov) and what it means for you as an investors.
Keep in mind that you can invest in many real-estate deals without being a accredited investor.
How does real-estate compares with bonds, stocks, mutual funds, options, futures, precious metals (like gold, silver, platinum), and oil and gas?
Find a comparison of one of our retirement accounts based on mutual funds with five of our single-family homes.
Besides a better ROI (Return on Investment) we have total control over our real-estate investments!
What does "The PI-Group" stand for? (Pristine Investments). Do you like the topic of investing into real-estate and you want to get significant discounts for other courses? Just become a PI-Group member. You qualify if you:
Do you like to get my next real-estate course for free? You have to become one of my top five students each month. You quality if you:
Top 5 students will be chosen based on your level of PI-Group support each month (quality and quantity).
Learn the most common ways to invest in real-estate:
Passive income strategy of a serious real-estate investor compared with the standard top-down strategy of your typical financial advisor (mutual-fund based retirement account).
Overview of the mindset section. These lessons will help you find out if investing into real-estate is for you or not.
Test your mindset.
It is all about the numbers. Is that you?
Did you know that the landlord business comes with a bad reputation in the US? Learn about my observations over the last years with highly educated business professionals that do not want to invest into real-estate.
I observed that most successful real-estate investors have cultural roots in certain countries.
Investing in real-estate appears to be fairly complex. Learn how your team will support you all the way.
Investing in real-estate is very doable, even with a full time job!
My average performing group of five houses easily outperformed our mutual fund.
Listen to my story how I learned my lesson after we lost $40,000 on a house that I did not research properly. I compare this loss with the gains of all my other houses and explain how I did not pay any capital gain taxes by using a 1031 tax deferred exchange strategy.
Overview of the business side. There are two main aspects.
Learn how important it is to put all titles of your rental properties into your real-estate investment entity.
In the US, there are three ways:
I briefly discuss which kind of entity I use and in which states I filed them. I give some tips what you should do first and how to deal with the tax side.
Do not commingle funds!
Use a business checking account. Learn what to do first and which banks to use. I close with tips about online research.
How to find a good CPA and Bookkeeper. Basics about what to ask them during the interview.
A good realtor is worth his weight in gold. He will be able to explain all signing documents and is very well connected in the community. Learn how expensive a good realtor is.
I talk about the difference between a recommended mortgage broker and someone you find online. Tips about which lending product is best, how they work, and how to keep an eye on your tax return to get a loan.
Meet the champion of your team (after closing). Get a good understanding of what you will need to do:
Learn some more key advantages of working with a property manager.
Overview of the last section. Buying and operating a new rental-property.
Basics of the PI-Hourglass.
Learn where you can find more details about the PI-Filter.
How much will a property manager cost? Tips about what you should do if you rent out to a friend.
Please let me know what you liked and what could be improved by leaving a review with a few remarks. Remember that if you become a PI-Group member you can save big on the next course. You also can get it free if you become one of my Top 5 students.
I love systems! Anything that speeds up daily chores is good, including my Apple Watch!
As an engineer and project manager I learned how to optimize my daily work to get things done.
As a consultant I see how businesses, small or large, are struggling every day with their tasks. It always amazes me that this is especially true with those little things that should be quick and easy. I will show you how I find any information in 30 seconds or less. Life can be easy and this is true for business and at home.
Learn from my experience!
Would you like to know how I reduced about 50% of computer maintenance time?
Would you like to see how I cut 20-30% of my business operations time without missing a beat?
Today I help companies of different sizes to set up and maintain systems. For smaller companies I mainly work with Apple computers, iPhones, iPads and the Apple Watch to increase the efficiency quickly. I typically recommend to add a few low cost and online based tools which will increase the efficiency of every small business dramatically.
I have led several system improvements and system roll outs which often included software that focused on project management, collaboration, task tracking and communication for my biggest and also for my smaller clients.
Teaching is a big part of my daily business and I love it. I started teaching when I was 16 years old when I lead the first BASIC training courses while I was an apprentice to become an an Electrician back in Germany. This was followed by a career as Music Teacher. I never stopped teaching computer systems and software programs inside and outside the companies that I worked for.
Today I teach my clients what systems to deploy and which one to avoid. I also make use of all fundamental learning methods (videos, audio, text and personalized meetings) to increase the success rate for my clients.
I successfully managed several multi million dollar projects inside and outside the automotive industry by leading various global and cross functional teams. I worked on various automotive products (ASIC's, airbag systems, braking systems, electrical drives for windows, sunroofs and steering columns). I'm also familiar with Healthcare products, and Software development teams.
One of my projects included a close work relationship with Lawrence Berkeley National Lab and the Pentagon which provided me the opportunity to participate in a research paper (Los Angeles Air Force Base Vehicle to Grid Pilot Project; LBNL-6154E).
I held the position of the Manufacturing Manager for a leading Healthcare telehealth device. I worked on a sensitive global manufacturing strategy after visiting many manufacturing locations in China, Mexico, Portugal, Germany and the US. I used very stringent ERM systems and a brand new Quality Management System to fulfill the requirements for the medical industry.
I managed a group of 7 Engineers in the automotive industry and supported the local roll out of a new system that changed the way all Engineers needed to work on a global basis. Our team translated customer system requirements into actionable feature requirements for both, hardware and software development.
Digital and analog circuit design for regulator IC's in the automotive industry. We used Unix systems and very powerful software simulation software. Some of my designs are still on the road in various vehicles.
I started my first little venture back in Germany when I opened a printed circuit board manufacturing. I populated the electronic components by hand and tested the designs myself.
Today I have several entities, some with partners, to hold and manage real estate and of course my own consulting business.