Learn the secrets of real estate maintenance and capital expenses Fort Wayne.

This class is Module 32 of 46 in a series called Real Estate Investing Secrets.

Topics covered in this module include:

• What’s the difference between capital expenses and maintenance on a rental property?
• What do I need to do to have my rental property business be a “qualified business” to get the tax advantages from the IRS?
• A downloadable log to keep the required contemporaneous records for qualified rental property businesses
• Examples of traditional maintenance versus capital expenses on a rental property
• How to account for maintenance and capital expenses when analyzing deals (including a spreadsheet for analyzing deals that models both for you)
• Are paint and carpet considered maintenance or capital improvement?
• How to determine what maintenance percentage to use when analyzing deals with detailed example
• How the price of the property, rent and ultimately Gross Operating Income impacts your maintenance percentage
• The danger of low-priced rental properties in relation to maintenance and capital expenses
• How to completely due diligence for maintenance and capital expenses on your rental properties
• Your 3 options regarding maintenance and capital expenses... and why #1 is not a good strategy
• Using the BASIC version of “Maintenance and CapEx Estimator for Rental Properties”
• What are the shortcomings of using the BASIC version of “Maintenance and CapEx Estimator for Rental Properties” and how do we overcome them?
• Using the ADVANCED version of “Maintenance and CapEx Estimator for Rental Properties”
• Where to enter the output of the “Maintenance and CapEx Estimator for Rental Properties” into your deal analysis spreadssheet
• Why should you consider setting aside money at the start for known upcoming maintenance or capital expenses?
• Where do maintenance and capital expenses show up in our returns? And, why that’s not everything.
• Comparing buying a new construction property to a resale property in terms of maintenance and capital expenses
• As home price and rents decline, what tends to happen to maintenance and capital expenses?
• Rental property portfolio planning with capital expenses in mind
• Timing maintenance and capital expenses: two strategies explored
• Alternatives to saving for maintenance and capital expenses
• One way to get lucky with certain capital expenses and what to do if you end up being lucky
• A simple tool... properly timed and deployed... that could ultimately save you thousands of dollars on your maintenance and capital expenses
• Plus much more...

Check out the video and additional resources related to Secrets of Capital Expenses.

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

Learn the secrets of real estate inspections when buying in Fort Wayne.

This class is Module 31 of 46 in a series called Real Estate Investing Secrets.

Topics covered in this module include:

• An overview the entire inspection process including choices and paperwork required
• What level of inspection are you doing prior to going under contract?
• Why dates and deadlines are critically important for keeping your earnest money or preventing a lawsuit
• What can you inspect during your inspection period… and what’s off limits?
• Why you need to operate in good faith and what that means
• Can buyers object to anything and everything? The answer may surprise new investors.
• Can buyers use inspections as a “I changed my mind” clause?
• Can buyers use inspections to terminate if they can’t find a buyer for their wholesale deals?
• What constitutes inclusions for a contract? And, can you object to the inclusions?
• What things that are not attached to the property are actually included?
• Is it true you can object to activities, odors, noises or how you might expect the occupants to be affected by such things?
• Can you object to not having fast internet? Or, other utilities?
• How objecting and resolutions work according to the paperwork
• Who are the parties involved in the inspection… including one you probably didn’t expect that can kill your deal
• Tips on negotiating win-win inspections
• Why you should insist on adding these extra dates to your inspections that most folks do not
• What happens if repairs are not done prior to closing
• What special title insurance add-on should you get if you’re objecting on inspection
• How to encourage a seller to accept your preferred inspection resolution suggestion
• Plus much more...

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

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

Learn the secrets of wholesaling real estate in Fort Wayne.

This class is Module 30 of 46 in a series called Real Estate Investing Secrets.

Topics covered in this module include:

• What are the different variations of wholesaling real estate and what are some of the pros and cons of each.
• What is a strategy similar to wholesaling where you can do half the work and earn the same amount of money… or earn twice as much money easier?
• What are the most common ways to finance properties that you’re wholesaling? And what are some of the more unusual ways?
• Is wholesaling typically an active or passive investment?
• How long do you typically hold wholesale properties for? And, why might you change that?
• How do you typically exit a wholesale property? How does your buyer typically finance the purchase when they buy from you?
• Is the wholesale strategy typically for real estate investors or real estate entrepreneurs… and what’s the difference?
• How much money is typically required to wholesale properties? What are some of the less common money requirements?
• What credit is required to wholesale? And, what are some less common credit-related requirements?
• What are the primary skills required for the real estate wholesaling business?
• Is the wholesaling strategy actively or passively stable? And, what does that means in terms of the entire business blowing up in your face?
• How scalable is the wholesaling strategy?
• What is your risk exposure when wholesaling real estate? What are some of your risks? How does that increase with certain sub-strategies?
• How quickly do you make money when wholesaling? What amount of money do you make at that interval?
• How does one typically find wholesale deals? What are some of the more unusual ways to find deals?
• What do you use to analyze wholesale properties?
• What are the ideal market conditions for the wholesale strategy and what is a challenging market to utilize this strategy in?
• How accessible or available are viable wholesale properties?
• Can you utilize your retirement money with the wholesale real estate investing strategy?
• Plus much more...

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

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