Learn the secrets of analyzing multi-family properties in Sugar Land.

This class is Module 39 of 46 in a series called Real Estate Investing Secrets.

Topics covered in this module include:

• The differences between analyzing a multi-family property with commercial financing and a single-family home with more traditional financing
• Obviously, the numbers are larger when you’re analyzing multi-family property deals, but what about the nuance of the increases
• How to deal with the listing and getting info on analyzing these types of deals
• The difference between actual and pro-forma numbers
• Why you might not be able to see all the units prior to making your offer and how it typically works with larger multi-family properties
• Why and how to make adjustments to numbers provided to you
• Determining the value of the property (ARV) and understanding the difference between these multi-family properties and smaller properties
• Negotiating with multi-family sellers and their agents/brokers
• How is financing different for 5+ units compared to financing < 5 units
• What lenders typically look for when financing 5+ unit commercial loans
• Down payments on 5+ unit commercial loans
• Debt Service Coverage Ratios… how to calculate it and how it is used when analyzing multi-family properties
• How amortization/loan term changes with multi-family financing
• How interest rates differ from more traditional financing
• The ugly truth about pre-payment penalties with 5+ unit commercial financing
• Can lenders really insist on reviewing your financials every year when getting commercial financing
• How closing costs change when analyzing multi-family properties
• Analyzing properties where you are improving their economics… and how to represent that with rent ready costs
• Why you’re much less likely to have to use cumulative negative cash flow when analyzing multi-family properties… and it is NOT because the properties cash flow better
• Modeling monthly rents and monthly other income—especially if you’re improving rents—when analyzing multi-family properties
• Correctly analyzing vacancy rates for multi-family deal analysis
• Why you can’t just use the property taxes in the listing when analyzing these deals
• Why you should call your insurance agent instead of using the seller’s insurance costs during deal analysis
• Dealing with landlord-paid utilities on multi-family properties including modeling switching to billback for utilities
• What common expenses might you see when analyzing multi-family properties
• Dealing with maintenance and capital expenses during multi-family deal analysis
• A word on liquidity challenges with multi-family
• Multi-family pros and cons
• Plus much more...

Check out the video and additional resources related to Secrets of Analyzing Multi-Family Properties.

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

Learn the secrets of creative financing and real estate entrepreneurship in Sugar Land.

This DOUBLE LENGTH class is Module 38 of 46 in a series called Real Estate Investing Secrets.

Topics covered in this module include:

• What is creative financing and how to use it as a real estate investor
• The 6 types of creative financing
• Why you should only do deals that are win-win for all involved
• The benefits and downsides of creative financing as an investor
• Using jargon versus general discussions… especially with sellers
• The importance of realizing that you’re not your sellers
• Why would a seller do creative financing… and why might they not do it
• The key characteristics of each type of owner financing, the benefits to the seller for doing that type, the qualifications for doing it and what the returns typically look like for each
• The dangers of specific types of owner financing and why/when you might consider doing a different strategy instead
• Dealing with seller’s equity
• Which loans should you assume and which should you consider passing on
• The differences between rent-to-own, lease-to-own, lease-option and lease-purchases and how attorneys can mix them
• How much money is required for each type of creative financing
• What happens to if you don’t buy
• An advanced strategy that can add an extra $13,500 or more to your bottom line on some deals
• With creative financing as an acquisition strategy, the options can you utilize on the back end
• How active/passive are creative financing strategies and what is the typical holding period
• What are the most common exits from creative financing deals and what financing do your buyers typically use
• Is creative financial and real estate entrepreneurship more of a real estate investor activity or a real estate entrepreneurial activity
• What money is required to do creative financing… the most common requirements and less common options
• What credit is required and for which creative financing strategy
• What skills are required to do creative financing
• Are creative financing strategies active or passively stable
• How scalable is utilizing creative financing and what are its limitations and strengths
• How risky is creative financing… including a list of its risks
• How do you find creative financing deals including a discussion of lazy and poor marketing methods
• What are the best (and worst) market conditions for creative financing
• How easily available/accessible are creative financing deals and where do you find them
• Can you invest using creative financing strategies with your retirement accounts
• A detailed discussion of the most common Frequently Asked Questions (FAQs) and Should Be Ask Questions (SAQs) about creative financing
• How to think about collecting fees from your tenant-buyers
• Plus much more...

Check out the video and additional resources related to Secrets of Creative Financing.

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

Learn the secrets of 1031 tax deferred exchanges in Sugar Land.

This class is Module 37 of 46 in a series called Real Estate Investing Secrets.

Topics covered in this module include:

• What is a 1031 tax-deferred exchange?
• What are the key aspects of a 1031?
• The 4 types of 1031 tax-deferred exchanges and when we use each
• Defining like-kind and understanding what you can sell and buy with exchanges
• Specific exclusions with 1031 exchanges
• Refinancing before or after you do a 1031 exchange to pull cash out
• Why you can’t touch any of the money during the exchange
• Who can’t be your intermediary
• The strict time limits on 1031 exchanges
• The 3 rules for identifying replacement properties in 1031 exchanges
• 3 examples: without a tax-deferred exchange, with a 1031 and a 1031 with boot
• The danger to real estate investors of using a Qualified Intermediary (QI)
• Considerations when selecting a QI
• Questions to ask your prospective QI
• 3 sample contract provisions for required for completing a 1031 exchange
• Post-exchange documentation
• Adjusting basis when selling some of the properties you’ve 1031 exchanged into
• Avoiding boot when dealing with closing costs
• Typical costs for 1031 tax-deferred exchanges
• Asset protection and title solutions with 1031 exchanges
• How to 1031 out of a partnership when partnerships are not considered acceptable like-kind property
• How to utilize 1031 proceeds to partner with others when partnerships are not acceptable like-kind property
• Owner-occupying after completing a 1031 exchange to take advantage of the home sale exclusion
• The complicated process of 1031 exchanges into REITs
• How to invest in real estate and never pay capital gains or depreciation recapture taxes
• Can you 1031 exchange and pay off mortgages on other properties with the proceeds?
• Plus much more...

Check out the video and additional resources related to Secrets of 1031 Exchanges.

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