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Brownsville Real Estate Investing & Real Estate Financial Planning™ Podcast

Brownsville Real Estate Investing & Real Estate Financial Planning™ Podcast

James Orr

Learn all about investing in real estate in Brownsville, Texas with a combination of real estate financial planning and modeling with numbers specific to Brownsville plus syndicated, more generalized recordings of live and pre-recorded real estate investing classes (not all specific to Brownsville).
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Top 10 Brownsville Real Estate Investing & Real Estate Financial Planning™ Podcast Episodes

Goodpods has curated a list of the 10 best Brownsville Real Estate Investing & Real Estate Financial Planning™ Podcast episodes, ranked by the number of listens and likes each episode have garnered from our listeners. If you are listening to Brownsville Real Estate Investing & Real Estate Financial Planning™ Podcast for the first time, there's no better place to start than with one of these standout episodes. If you are a fan of the show, vote for your favorite Brownsville Real Estate Investing & Real Estate Financial Planning™ Podcast episode by adding your comments to the episode page.

Brownsville Real Estate Investing & Real Estate Financial Planning™ Podcast - Deal Alchemy™ - Residential vs Commercial Property

Deal Alchemy™ - Residential vs Commercial Property

Brownsville Real Estate Investing & Real Estate Financial Planning™ Podcast

play

04/19/24 • 14 min

Deal AlchemyTM - Residential vs Commercial Property

Deal AlchemyTM is all about manipulating the returns you're earning on your investments. Often, this is done through the choices we make when selecting the investment property and the strategies we choose to implement.

For example, you could choose to invest in residential properties where your tenants would live in the property. Alternatively, you could choose to invest in commercial properties where your tenants do not live in the property.

Often, these investments would have different numbers and characteristics, such as who pays taxes, insurance, and maintenance on the property. However, for the sake of today's mini-class, we will look at just the difference in the tax benefits of depreciation in two identical investments, except one is residential and the other is commercial, to see how that impacts your overall returns.

In this class, James discusses:

  • The definition of alchemy
  • What is Deal AlchemyTM
  • How to manipulate returns and move them between quadrants
  • An example by purchasing a commercial property with 39-year depreciation schedule instead of a residential property with a 27.5-year depreciation schedule
  • Plus much more...

Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis SpreadsheetTM 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 Brownsville real estate investor podcast? Book a free consultation to discuss.

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Brownsville Real Estate Investing & Real Estate Financial Planning™ Podcast - Secrets of Property Management

Secrets of Property Management

Brownsville Real Estate Investing & Real Estate Financial Planning™ Podcast

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10/18/24 • 59 min

Learning how to correctly manage properties is a critical skill for landlords.

This class is Module 5 of 46 in a series called Real Estate Investing Secrets.

Topics covered in this module include:

  • What should you be doing to document the condition of the property before the next tenant takes possession?
  • The one free thing that few landlords do that could save you thousands of dollars from an unscrupulous tenant.
  • What is the risk-reduction significance of having matching photos of before and after?
  • What reminders should you be sending the incoming tenant before they start renting your property?
  • What is the best practice for how do you deal with a tenant moving in mid-month?
  • What’s the one critically important thing we must do with the security deposit and first month’s rent we collect from the tenant?
  • What day should the new tenant’s utilities start?
  • What else do we give tenants prior to moving in that we expect them to have done prior to move-in?
  • A little management trick you can use that gives us a break the morning the tenant’s moving in.
  • What should you lease say about the move-in inspection form to significantly reduce your risk?
  • What does a move-in inspection form look like? And, what should it say?
  • What obligations does the tenant have to you... as the landlord the first week moving into the property? What do you do if they fail to provide it to you after 5 days?
  • How do we address pest control issues with a property a tenant has just moved into?
  • What’s one thing we insist tenants do in the lease and require they provide proof of when they move in?
  • What should you be doing for the tenant in the first month? And, why do some landlords prefer to do this every month?
  • What’s one little reminder for the tenant that can save you thousands in repair costs?
  • When should you inspect a property? How do you deal with lease violations if you discover them?
  • What should you be doing 90-120 days prior to the current lease expiration date?
  • How do you differentiate between renewal rent rates and fair market rents? And, how do you deal with this discrepancy?
  • What should you be doing 60-90 days prior to the current lease expiration date?
  • See an example of a lease extension, why I personally recommend not using one and what to do instead.
  • What do you do if the current tenant is not renewing their lease?
  • An example of a move-out checklist? What should you include in yours?
  • What should be the very first thing you do when taking possession of the property from a tenant at the end of their lease?
  • What must you do to avoid having to pay a tenant 3 times their security deposit?
  • What should you have in every tenant file?
  • Plus much more...

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


Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis SpreadsheetTM 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 Brownsville real estate investor podcast? Book a free consultation to discuss.

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Brownsville Real Estate Investing & Real Estate Financial Planning™ Podcast - How to Analyze an All-Cash Rental Property Purchase

How to Analyze an All-Cash Rental Property Purchase

Brownsville Real Estate Investing & Real Estate Financial Planning™ Podcast

play

07/05/24 • 68 min

How to Analyze an All-Cash Rental Property Purchase

Deal analysis is important. Learning how to analyze deals is a critical skill for all real estate investors, whether you're financing 100% of the purchase or buying a property without a loan at all and paying all cash.

In this class, we will look at how deal analysis changes when you plan to buy a property for all cash, without a mortgage, using The World's Greatest Real Estate Deal Analysis SpreadsheetTM.

Or, check out the deal analysis example for Brownsville, Texas:

Deal Analysis and Modeling for Brownsville


Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis SpreadsheetTM 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 Brownsville real estate investor podcast? Book a free consultation to discuss.

bookmark
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Brownsville Real Estate Investing & Real Estate Financial Planning™ Podcast - Tax Deductibility of PMI Payments

Tax Deductibility of PMI Payments

Brownsville Real Estate Investing & Real Estate Financial Planning™ Podcast

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07/19/24 • 14 min

Tax Deductibility of PMI Payments

Are you an owner-occupant puzzled by the ever-changing rules around PMI (Private Mortgage Insurance) deductibility? Or perhaps an ambitious real estate investor, hungry to maximize your deductions and supercharge your profits? Then this class is your golden ticket to the world of tax wisdom!

Join us for an exhilarating journey through the labyrinth of PMI tax laws, where we'll explore:

  • Two Distinct Worlds: Owner-occupant properties and investment/rental properties. What's the difference, and why should you care? We'll tease you with the answers!
  • The Owner-Occupant Odyssey: Living in the property? You might think PMI is no longer deductible for you, but is that the whole truth? And what's this about NomadsTM?
  • Investor's Paradise: House Hackers, Rental Property Business owners, and more! Discover the secrets that could make PMI an exciting part of your financial strategy. No income limitations? Intrigued?
  • The Grand Conclusion: We'll tie it all together, leaving you with tantalizing insights and a thirst for more. Whether you're an owner-occupant or an investor, we'll reveal just enough to make you crave the full story.

This class is more than just a tax lesson; it's a thrilling adventure, a treasure hunt, and a financial empowerment session all rolled into one! Whether you're a seasoned pro or just dipping your toes into the real estate waters, we've got surprises and insights that will leave you hungry for more.

So grab your financial compass and join us on this thrilling expedition. The path to PMI tax wisdom awaits, and it's a journey you won't want to miss!

In this class, James discusses:

  • What is Private Mortgage Insurance (PMI)?
  • Is PMI deductible for home-owners?
  • Is PMI deductible for NomadsTM?
  • Is PMI deductible for house hackers?
  • Can you eve have PMI as a real estate investor?
  • Is PMI deductible for real estate investors?
  • Plus much more...

Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis SpreadsheetTM 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 Brownsville real estate investor podcast? Book a free consultation to discuss.

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Brownsville Real Estate Investing & Real Estate Financial Planning™ Podcast - Improving Cash Flow on Properties You Already Own

Improving Cash Flow on Properties You Already Own

Brownsville Real Estate Investing & Real Estate Financial Planning™ Podcast

play

06/23/23 • 52 min

Improving Cash Flow on Properties You Already Own

When real estate prices, mortgage interest rates, and rental rates are high, generating great cash flow from a rental property can be more challenging. However, it is also more important than ever to do everything in your power to maximize cash flow.

There are 88 strategies for improving cash flow on rental properties, with some powerful ones related to properties you already own. This mini-class covers the strategies for those properties, which make up the second largest group of strategies.

Check out the video of this class here:

Improving Cash Flow on Properties You Already Own - Video Recording

In this special mini-class for the Real Estate Financial PlannerTM coaching program James covers:

  • 88 Ways to Improve Cash Flow from Real Estate Rental Properties including the following...
  • Improving cash flow by refinancing to extend the term
  • Improving cash flow by refinancing to improve the interest rate
  • Improving cash flow by paying off the loan completely
  • Improving cash flow by correcting assessor info
  • Improving cash flow by contesting tax increases with valid comps
  • Improving cash flow by voting appropriately on tax related measures
  • Improving cash flow by shopping your insurance rates
  • Improving cash flow by evaluating your insurance coverage
  • Improving cash flow by optimizing who is insured on your policies
  • Improving cash flow by setting an appropriate insurance deductible for your situation/properties
  • Improving cash flow by removing private mortgage insurance
  • Improving cash flow by getting a discount for setting up autopay
  • Improving cash flow by getting a discount for paying in full/early
  • Improving cash flow by self managing
  • Or, alternatively improving cash flow by hiring a professional property manager
  • Improving cash flow by managing your property manager
  • Improving cash flow by insisting that your team apply best practices
  • Improving cash flow by maintaining your properties
  • Improving cash flow by using quality materials
  • Improving cash flow by accelerating depreciation
  • Plus more...

Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis SpreadsheetTM 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 Brownsville real estate investor podcast? Book a free consultation to discuss.

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Brownsville Real Estate Investing & Real Estate Financial Planning™ Podcast - Overcoming Hurdles to Real Estate Investing - Part 2 of 6: Down Payments

Overcoming Hurdles to Real Estate Investing - Part 2 of 6: Down Payments

Brownsville Real Estate Investing & Real Estate Financial Planning™ Podcast

play

08/26/22 • 24 min

Most real estate investors in Brownsville, Texas face similar challenges, hurdles and obstacles:

  • Where do I get my next down payment from?
  • How do I overcome negative cash flow or improve the cash flow I have?
  • How do I qualify for the best loans?
  • How do I find what I'm missing (deals, dream team, partners, tenants)?
  • How do I commit to achieving my real estate goals, get the courage to act despite fear, gain the capabilities I need or eliminate fears?

This class is broken up into 6 parts (published as separate episodes).

Topics discussed in this part include:

Part 2 of 6: Down Payments

  • Strategies to reduce the need for down payments and strategies to produce down payments, closing costs and reserves
  • How to reduce the need for down payments
  • No Down Payment Loans
  • Creative Financing

Plus these sources of down payments:

  • "Investment Cards" (aka Credit Cards)
  • Security Deposit
  • Maintenance Reserves
  • Property equity (sell, refi, pledge)
  • Depreciation (and other delayed taxes/refunds)
  • Retirement Account
  • Family Members (Legacy NomadTM or Nomad by ProxyTM)
  • Sell stuff you don’t need or want
  • Saving
  • Partnering
  • Rents (including House Hacking)
  • Lease-Option Fees

This class was recorded to help real estate investors overcoming the hurdles, challenges and obstacles they face.

Watch the video version of this class:
https://realestatefinancialplanner.com/overcoming-hurdles-to-real-estate-investing/

Additional Classes Mentioned

The following are additional classes mentioned in the recordings:


Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis SpreadsheetTM 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 Brownsville real estate investor podcast? Book a free consultation to discuss.

bookmark
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Brownsville Real Estate Investing & Real Estate Financial Planning™ Podcast - Warning - The Risk of Down Payment Size When Investing in Real Estate

Warning - The Risk of Down Payment Size When Investing in Real Estate

Brownsville Real Estate Investing & Real Estate Financial Planning™ Podcast

play

02/02/24 • 47 min

Warning - The Risk of Down Payment Size When Investing in Real Estate

Life is full of risks. When we choose to invest, we choose to take on additional risks.

If we invest in stocks, we choose to take on certain risks. When we choose to invest in bonds, we take on different risks. When we choose to invest in real estate, we choose to take on additional and different risks.

One of the risks associated with real estate investing is the risk of down payment size.

If you put a large amount down—or even choose to pay cash and put 100% down—you have certain risks. If you choose to put a small amount down—or even nothing down—you have other risks. These risks change with the amount you put down.

In this mini-class, James will look at the risks associated with the amount you put down when investing in real estate.

Check out the video from this class here:

Warning - The Risk of Down Payment Size When Investing in Real Estate - Video

In this class, James discusses:

  • A George S Patton quote about fear, risks and making decisions.
  • The Risk Matrix and The Risk Matrix for property appreciation (and property declines)
  • An introduction to Rent ResiliencyTM and Price ResiliencyTM
  • Case-Shiller Home Price Index - Home Price Appreciation Over Previous 12 Months
  • A Case-Shiller chart showing mortgage interest rates, population, real building costs and home prices over the last 133 years
  • Year-Over-Year Home Price Appreciation over the last 133 years and the frequency of price declines (and price increases)
  • What are you risking?
  • Plus much more...

Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis SpreadsheetTM 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 Brownsville real estate investor podcast? Book a free consultation to discuss.

bookmark
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Brownsville Real Estate Investing & Real Estate Financial Planning™ Podcast - Warning - Risks of Rental Property Expenses When Investing in Real Estate

Warning - Risks of Rental Property Expenses When Investing in Real Estate

Brownsville Real Estate Investing & Real Estate Financial Planning™ Podcast

play

03/08/24 • 43 min

Warning - Risks of Rental Property Expenses When Investing in Real Estate

Risk is all around us.

When we choose to invest in anything, we’re choosing to take on the additional risk characteristics of that investment.

For example, when we choose to invest in real estate, we choose to take on the risk characteristics of the specific real estate investing we opt to do minus the risk mitigation and elimination strategies we put in place.

One of the risks of investing in real estate is the risk of rental property expenses increasing.

James discusses those risks and how to mitigate or eliminate them in this mini-class.

Check out the video from this class here:

Warning - Risks of Rental Property Expenses When Investing in Real Estate - Video

In this class, James discusses:

  • A George S Patton quote about fear, risks and making decisions.
  • An introduction to Rent ResiliencyTM, Price ResiliencyTM, Vacancy ResiliencyTM, Property Insurance ResiliencyTM, Maintenance ResiliencyTM, HOA ResiliencyTM, Utilities ResiliencyTM, Capital Expenses ResiliencyTM, Property Management ResiliencyTM and Property Taxes ResiliencyTM
  • Eliminating some risk by using fixed rate financing options
  • How increasing expenses don't mean 1:1 reduction in cash flow
  • Options when Property Taxes get too high?
  • Options when Insurance gets too high?
  • Options when Principal and Interest change?
  • Options when Interest Rates rise?
  • Plus much more...

Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis SpreadsheetTM 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 Brownsville real estate investor podcast? Book a free consultation to discuss.

bookmark
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Brownsville Real Estate Investing & Real Estate Financial Planning™ Podcast - Rental Portfolio Return in Dollars Quadrant™ Spreadsheet

Rental Portfolio Return in Dollars Quadrant™ Spreadsheet

Brownsville Real Estate Investing & Real Estate Financial Planning™ Podcast

play

10/02/23 • 43 min

Use this special spreadsheet to track the returns on each property in your portfolio.

It utilizes the Return in Dollars QuadrantTM methodology to easily allow you to track appreciation, cash flow, debt paydown, Cash Flow from DepreciationTM and the return on your reserves all in one place.

Plus, see how and when each return is taxed. And, whether the return is cash now or cash later. And finally, whether the return is more speculative and uncertain or less speculative and more certain.

Download the spreadsheet:

https://refp.info/rpridq


Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis SpreadsheetTM 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 Brownsville real estate investor podcast? Book a free consultation to discuss.

bookmark
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share episode
Brownsville Real Estate Investing & Real Estate Financial Planning™ Podcast - What Affects Your PMI Rate

What Affects Your PMI Rate

Brownsville Real Estate Investing & Real Estate Financial Planning™ Podcast

play

01/19/24 • 16 min

What Affects Your PMI Rate

Lenders prefer that you put at least 20% down, but if you push hard enough, many will allow you to put less than 20% down if you're willing to purchase insurance to protect them in case you default. This insurance is called Private Mortgage Insurance.

The cost of this insurance depends on several factors. Some are primary factors and have a significant impact on the cost of the insurance policy. Other factors are secondary and affect the premium, but only to a smaller extent.

In this mini-class, James will go over the things that affect your private mortgage insurance rate if you decide to put less than 20% down when buying properties.

Check out the video from this class here:

What Affects Your PMI Rate - Video

In this class, James discusses:

  • What is Private Mortgage Insurance (PMI) and why does it exist?
  • Factors that affect your PMI rate
  • Loan-To-Value of the property (often just the first lien)
  • Coverage amount for the lender
  • Your credit score
  • Amortization term of the loan itself - shorter terms have lower PMI
  • Fixed and variable payment amounts
  • Time you’ve been paying the rate
  • Lender (separate pricing sheet for Credit Unions)
  • Hard minimums for PMI rates
  • Cash-out refinance
  • Second home
  • Employee relocation loans
  • Manufactured Homes
  • Investment Property
  • 3-4 units
  • Lender-Paid Monthly Premium
  • Declining Renewals
  • Annual Premium
  • Refundable Monthly Premium
  • High Debt-To-Income Ratio (> 45% DTI)
  • More than 1 borrower on the loan (reduces PMI rate)
  • Plus much more...

Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis SpreadsheetTM 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 Brownsville real estate investor podcast? Book a free consultation to discuss.

bookmark
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FAQ

How many episodes does Brownsville Real Estate Investing & Real Estate Financial Planning™ Podcast have?

Brownsville Real Estate Investing & Real Estate Financial Planning™ Podcast currently has 135 episodes available.

What topics does Brownsville Real Estate Investing & Real Estate Financial Planning™ Podcast cover?

The podcast is about Entrepreneurship, Investing, Podcasts and Business.

What is the most popular episode on Brownsville Real Estate Investing & Real Estate Financial Planning™ Podcast?

The episode title 'Should I Put 15% or 20% Down When Buying a Rental Property?' is the most popular.

What is the average episode length on Brownsville Real Estate Investing & Real Estate Financial Planning™ Podcast?

The average episode length on Brownsville Real Estate Investing & Real Estate Financial Planning™ Podcast is 47 minutes.

How often are episodes of Brownsville Real Estate Investing & Real Estate Financial Planning™ Podcast released?

Episodes of Brownsville Real Estate Investing & Real Estate Financial Planning™ Podcast are typically released every 7 days.

When was the first episode of Brownsville Real Estate Investing & Real Estate Financial Planning™ Podcast?

The first episode of Brownsville Real Estate Investing & Real Estate Financial Planning™ Podcast was released on May 21, 2022.

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