Cash flow is NOT everything when it comes to analyzing rental properties. Yes, it’s important, but if you’re only looking at cash flow, then you’re missing a few very important pieces to the puzzle. This show covers: (1)The four ways you make money in real estate investing. (2) Defining your true total initial investment to accurately measure your ROI. (3) Using a powerful visual aid to calculate the four returns to determine your complete ROI. (4) Two real-world Denver rental property analyses and their ROI.
Most likely, it’ll be a different property analysis perspective than you’ve learned elsewhere. As the title states, cash flow is NOT everything!
The goal of this course is to teach you how to analyze an investment rental property at the initial purchase and then review it every year to optimize your rental portfolio for long term retirement planning. In a nutshell, it’ll help you understand and play the real-life Monopoly game — from buying your first your property (a green home), to accumulating more, and then trading up into bigger and better rental properties (red hotels!)
In this episode Joe Massey and I discuss a deal analysis for a client’s third House Hack / Nomad™ Denver investment property that closed in the fall of 2019.
This is the Denver October Market Update (my monthly “let’s grab a virtual cup of coffee and talk Denver real estate investing” with Joe Massey). Every month we cover updated stats for the Denver real estate market.
In this show I talk about the 2020 Guide to Denver Real Estate Investing Strategies and then the next iteration of the podcast and website.
In the tax and business entity series that I did with Peter Mcfarland, he touched on qualified business income (QBI). I wanted to do a deep dive to understand it myself! Scott Estill, a former IRS senior trial attorney, agreed to come on the podcast to educate us. QBI is part of section 199A of the 2017 Tax Cuts and Jobs Act. If you own rental properties or a business, you’ll want to understand QBI as it can provide up to a 20% deduction of your qualified business income. Like most tax laws, it’s complex. Scott does a great job of breaking down QBI.
What type of business entity should you use for your real estate investments in Denver? Join licensed realtor Chris Lopez and attorney Peter McFarland in taking a look at setting up companies specifically geared at making money in the real estate sector. This is episode 3 of a three part series.