Warning - Risks of Neighborhood Decline When Investing in Real Estate

Everything in life has risks. Not investing adds certain types of risks, while investing adds other risks.

One risk that some real estate investors face is the possibility that the neighborhood they're investing in will decline, causing values and/or rents to drop.

So, how do we prevent this, and what can we do about it if it happens to us?

In this mini-class addressing the dangers and risks of investing in real estate, James discusses the risk of a decline in the neighborhood you're investing in and what to do to mitigate the risk and address it should it happen.

In this class, James discusses:

• A George S Patton quote about fear, risks and making decisions.
• Neighborhoods declining in value, rents, overall quality and desirability
• How to avoid investing in declining neighborhoods
• Watching market conditions and early, leading indicators
• Investing without ownership
• Investing without long-term ownership
• Investing for quality versus discount
• Holding on through a decline (and likely eventual turn around)
• Selling
• Give the property back
• 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 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 Detroit real estate investor podcast? Book a free consultation to discuss.

How to Analyze a Duplex

Some real estate investors are sensitive to their ability to get ten 30-year fixed rate financing loans and would prefer to fill those loan spots with larger purchases than just single family rental homes.

One way to do that is to buy more expensive properties like duplexes, triplexes or fourplexes.

In this class, James will walk you through how to analyze a duplex using The World’s Greatest Real Estate Deal Analysis Spreadsheet™.

Or, check out the deal analysis example for Detroit, Michigan:

Deal Analysis and Modeling for Detroit

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

How to Calculate PMI

If you're a house hacker, Nomad™, investor buying properties with less than 20% down, or buying creatively where the seller has PMI, you'll want to make sure you know how to analyze deals that have Private Mortgage Insurance.

In this mini-class, James will cover how to analyze deals that have PMI, with an emphasis on doing it using The World's Greatest Real Estate Deal Analysis Spreadsheet™.

In this class, James discusses:

• What is Private Mortgage Insurance (PMI) and why does it exist?
• How to anaylze deals with a single up-front, lup-sum PMI payment
• How to anaylze deals with lender-paid PMI where the interest rate is higher
• How to anaylze deals with monthly paid PMI
• How to analyze deals with PMI on FHA loans
• 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 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 Detroit real estate investor podcast? Book a free consultation to discuss.