The Ultimate Real Estate Retirement Plan requires that you know how much you need to be financially independent.

In fact, there are (at least) TWO numbers you’ll want to know. Both are calculated in the new spreadsheet.

• First: the MINIMUM you need to be able to support yourself and your family.

• Second: the IDEAL you need to be truly financially free.

Once you know your MINIMUM, you’ll know if you’re prepared if you can’t or don’t want to work anymore, if you’re faced with a life changing event like divorce of illness.

The first goal is to get you to have enough passive income and assets to cover your MINIMUM expenses as soon as possible.

The second goal is to get you to your ideal financial freedom number next.

There are other goals too, but those are what we’ll focus on in tonight’s workshop with the new spreadsheet.

Register and attend via the link below:

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I am sharing this with you for two very important reasons.

1. So you can borrow what has worked for me get one or two extra client transactions per year and fully fund your retirement, and…

2. So you can download a copy of the book I wrote for my son to get a better feel for how this strategy works.

With that being said, here are the two books usually EVERY client receives:

• Nomad™ - A short book that went over what the Nomad™ real estate investing strategy is and how it works. This is the book I’d often give away when someone attended our local investor meetup; so usually they’d have a copy before we got together for the first time. If they didn’t have a copy already, I’d give them one.

• Northern Colorado Real Estate Advisor - A book that walked people through the entire buying, selling and investing process. Plus, had my referral directory of other local dream team members at the back.

These I’d give out more on a case-by-case and if I had an extra copy in my office:

• How to Achieve Financial Independence and Live Your Passion Regardless of Age or Income: 10 Paths To Financial Independence Analyzed - The book I wrote to my son on how to do what Tammy and I did to be able to achieve financial independence. Link to download it below.

• How to Acquire a Multi-Million Dollar Real Estate Portfolio Starting with Just $3,000 - A book about using lease-options with the Nomad™ strategy to achieve financial independence when you’re starting with very little money.

• How to Acquire a Multi-Million Dollar Real Estate Portfolio Earning Just $5,000 Per Month - A book that describes several different strategies for acquiring rental properties when someone is earning $5,000 per month.

• Ultimate Nomad Checklist™ - A book of all my checklists for doing the Nomad™ real estate investing strategy (although it really applies to all buy-and-hold rental strategies).

• Acquiring a Portfolio of Cash Flowing Properties in Northern Colorado: A Real Estate Financial Planner Blueprint™ - Literally a printed version of one of our Blueprints™ from the software I wrote that walked them through an entire investment strategy.

Download The Book

This is a visual layout of all the book pages (with all the amazing colorful charts I love so much) for How to Achieve Financial Independence and Live Your Passion Regardless of Age or Income: 10 Paths To Financial Independence Analyzed.

Download the PDF copy of this 240-page book I wrote for my son here to learn more for yourself and attract a few extra clients:

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Either we could:

1. Take the commission as a discount, or

2. Be paid the commission when we buy

In our market, it is common for the buyer’s agent’s commission to be about 3% (although it is negotiated).

Discount

If you chose to take the commission as a discount, you’d be effectively buying the property for about 3% less.

For a typical $400K property around here, that might be getting a discount of $12,000.

If we were getting a loan on that, depending on the interest rate, that might save us about $60 per month in payment.

Take Commission

If you chose to be paid the commission, you’d receive the $12,000 as a check at closing.

So, if you put 5% down when you bought the property (that’s about $20,000), you’d be getting back $12,000 of that $20,000.

So, you’re effectively only putting down 2% plus your other closing costs when you buy a property and choose to get paid for it instead of taking the discount.

Buy Again Next Year

To buy another property again the next year, you’d now only need to save up $8,000 or 2% down (instead of $20,000 or a full 5% down).

This is a key benefit in The Ultimate Real Estate Agent Retirement Plan… being able to use your commission to reduce how much you’ll need for down payments.

I am sending this for two reasons.

First, I just personally taught a class last night for the first time on capital expenses (CapEx).

You can watch it here:

Second, it is an example of a class you could teach or create as a means of attracting another investing client or two to more than fund your retirement plan in the next year.

In the class I also released two new spreadsheets for estimating maintenance and capital expenses on you and your client’s rentals.

The first one is a basic version. Here’s what it looks like:

The second one is the advanced version and here’s what it looks like:

I explain exactly how to use both of them in the video.

And, you can download both of the spreadsheets below.

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If you’re a real estate agent and want to learn about the Ultimate Real Estate Agent Retirement Plan, you’ve found the right place.

Welcome!

This newsletter will focus on how you, as a real estate agent, have significant advantages to being able to achieve financial independence with rental properties.

We will focus on math-based modeling of how the plan works for a variety of situations and real estate markets.

Plus, you’ll get access to a series of classes I teach to real estate investor clients on how real estate investing in general and the Nomad™ model in specific works.

We will focus on how to acquire a portfolio of rental properties AND how to find a couple extra real estate investor clients each year to fund the purchase of your own rentals.

I’m excited you’re here.

Thank you!

James Orr, Realtor
https://RealEstateFinancialPlanner.com