Learn the secrets of real estate inspections when buying in St Paul.

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 St Paul real estate investor podcast? Book a free consultation to discuss.

Learn the secrets of wholesaling real estate in St Paul.

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 St Paul real estate investor podcast? Book a free consultation to discuss.

Learn the secrets of determining fair market rent on properties in St Paul.

This class is Module 29 of 46 in a series called Real Estate Investing Secrets.

Topics covered in this module include:

• Why rents are not an exact number and what they really are
• At the end of the day, what is rent ultimately
• An overview of an easy method of determining fair market rent, a basic way and an advanced way and which you will likely want to use
• Why use “comparables” to determine rents
• What dimensions should we use to determine comps?
• Which are the most important factors for rent comps?
• How 6 people all looking at the same thing can all see something different and all be wrong
• Finding rent comps
• Using proximity to find appropriate rent comps
• Using the type or style of a property to narrow down rent comps
• Using square footage for narrowing down rent comps
• Using the age of the property to determine rent comps
• Narrowing the net to better determine fair market rent
• Evaluating your current competition to determine rent on your property
• The difference between “asking rent” and “rent received”
• A warning if you find yourself struggling to find rent comps
• What is the value of upgrades to a rental property
• How to make market-based rent adjustments
• An example going through how to determine rent on a property and what we ultimately ended up getting when we rented the property
• What my property manager uses as their process to determine fair market rent
• A note on getting rent comps when buying new construction properties
• Using the monthly payment on a new purchase to set rent on a property
• Tips on how to analyze properties now that we’ve covered rent comps
• Plus much more...

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

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 St Paul real estate investor podcast? Book a free consultation to discuss.