Learn the secrets of creative financing and real estate entrepreneurship in Long Beach.

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 Long Beach real estate investor podcast? Book a free consultation to discuss.

Learn the secrets of 1031 tax deferred exchanges in Long Beach.

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 Long Beach real estate investor podcast? Book a free consultation to discuss.

Learn the secrets of buying new construction properties in Long Beach.

This class is Module 36 of 46 in a series called Real Estate Investing Secrets.

Topics covered in this module include:

• The pros and cons of investing in real estate with new construction properties
• What price of new construction should you focus on for investments
• Different builders, different standards and how to deal with that
• The downsides of the builder contract for real estate investors
• Getting ridiculously amazing deals on new construction properties
• The risks of investing in new construction properties that are different than buying resale properties
• Risks associated with financing new construction and how to mitigate them
• The math and benefits of upgrading to an extra bedroom when buying new construction
• Builders to refuse to sell to investors and what to do in those situations
• How builder pricing works and taking advantage of it as an investor
• Metro taxing districts and how to account for them
• Non-potable water on new construction properties
• Why to be wary of builder’s reps
• Using a real estate agent or broker to buy new construction
• The considerations of choosing a lot when buying new construction
• The math revealed: rolling in premium-priced builder extras or buying extras at a discount post-closing
• The imperfections of dealing with fences when buying new construction
• Customizing new construction properties when investing
• Radon on new construction properties
• Sewer lines and sewer scopes when buying new construction
• Gotcha! Inspecting new construction properties
• The builder walkthrough and dealing with missed expectations
• Dealing with builders using your property as a model before you close
• Visiting your property while under construction and avoiding having your contract terminated
• The PITA clause in builder’s contracts
• What to expect when walking through prior to closing
• Builder warranties and extended warranties on new construction
• Dealing with unsatisfactory concrete on new construction
• The ideal vs reality when taking marketing photos of your property after closing
• Bonus cash flow: assessing new construction properties
• Competition and vacancy of new construction properties
• Renting new construction: an easier sale?
• Warning: builders cutting corners to save money
• The myth and truth behind builder lawsuits
• The dangers and upside of new construction speculation
• Utilizing the new construction lease-option real estate investing strategy
• Plus much more...

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

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 Long Beach real estate investor podcast? Book a free consultation to discuss.