Part Time Investors
"Smarter Investing" - online home study course
Marc Halpern's “Smarter Investing” online home study course teaches more than 27 hours of PRACTICAL HIGHLY DETAILED strategies and tactics to achieve and optimize financial freedom and happiness for BOTH new AND highly experienced investors. The course is presented as streaming video that you can watch on any device connected to the internet. The first segments provide detailed guidelines for you to customize the choice of real estate strategies for your personal situation (one size does not fit all). After choosing the real estate strategies best for you, in-depth details are provided for flipping and landlording as well as funding and optimizing decision making and happiness.
Following are descriptions for segments of the course.
Now watch this presentation to learn how to improve your personal performance and profit if you are a part-time real estate investor or want to be a successful part-time real estate investor and enjoy the life of financial freedom.
Marc Halpern presents [1] What is the difference between Financial Freedom and Financial Viability? [2] Scenarios for successful part-time real estate investing [3] Advantages & disadvantages of part-time real estate investing [4] Key success factors for part-time real estate investing.
This presentation provides PRACTICAL guidelines for choosing the appropriate level of interior renovations for flips and rentals that is customized for each home and demographic. The approach combines: [1] the psychology of buyers and renters when they first walk through the home (the “Halpern Emotional Scoring System”), [2] the knowledge of what is available at competitive properties at that particular price point and market and [3] the philosophy to provide the highest quality at that particular price point and market while avoiding "over-renovation." This presentation will make you think and includes a few controversial recommendations that will surely stimulate thought for both new and veteran investors.
Marc Halpern describes in full detail how to choose houses for rentals to enjoy reliable passive income with high return on investment. Marc starts by showing how target tenant income level determines choosing neighborhoods. Only then are candidate houses chosen based on several characteristics including avoiding “deal breakers.” In-depth details are explained for financial evaluation of a rental property, including the maximum allowable offer, that MUST meet landlord criteria for cash flow and cash-on-cash return, as well as lender criteria (if financed) for debt service coverage ratio (DSCR) and loan-to-value (LTV). The strategy of cash out refi is discussed. A novel concept presented is how to calculate your individual vacancy rate, repairs and administrative costs crucial for choosing rentals in the REAL WORLD!
Building a strong portfolio of rental properties is one of the surest ways to achieve true financial freedom. The ONLY entity that pays YOU when you are a landlord-owner is the tenant. As a result, tenant screening and management are the most important aspects of landlording that determine profitability (other than “buying right”). In this presentation, Marc Halpern describes in great detail how to improve tenant performance through: [1] best practices and procedures in tenant screening and tenant management and [2] the psychology of programming the tenant’s minds from the first microsecond of interaction on the phone or in person, to set expectations for compliance and acceptable standards of behavior in a cooperative non-confrontational manner. Even experienced landlords, will learn how to increase your occupancy rate.
Flipping is a very good way to fund rentals. This impressive presentation shows a real world case history of buying one high cash flow rental using funds from just one profitable flip. Full analysis is shown for both cash purchase as well as funding using construction loans. The presentation ends with a twist for advanced investors using self-directed retirement funds to achieve a whopping 113% tax-free ROI on equity and 15.4% tax-free cash-on-cash return for cash flow. Investors at all levels will greatly benefit from watching this zero-hype presentation.
Buy-Fix-Sell (“flipping” houses) is an excellent real estate investment strategy to generate cash within a few months. Marc Halpern describes in detail 10 essentials for successful flipping, with specific do’s to increase profit and don’ts to avoid costly mistakes. The relative importance of common mistakes is highlighted which is useful for deciding where to invest more resources and planning. Specific and detailed recommendations are presented for buying right with a proper maximum allowable (MAO) calculation, thinking of future sales price instead of just “comps”, how to choose houses for flipping, financing (construction loans), estimating repairs, managing contractors, making style decisions including Marc Halpern’s “emotional scoring system” and more.
In this lecture, Marc Halpern provides a unique perspective which is that of the professional buyer from professional wholesalers and from not so professional wholesalers. If you are a wholesaler, you will benefit from this lecture by learning about the expectations of a repeat buyer from wholesalers, including the top three mistakes wholesalers make from the buyer’s perspective. If you are a buyer, you will want to learn about setting expectations when buying from wholesalers, including avoiding pitfalls, especially with newbie wholesalers, not only about overestimated ARV, underestimated repair estimates and “forgetting” buying/holding/selling costs, but also crucial aspects such as inadequate contracts. Serious and successful wholesalers know what they are doing and should be sought out by serious and successful investor-buyers, as described in this lecture.
Carl Fischer of CamaPlan and Marc Halpern of PartTimeInvestors.com describe the compelling advantages, disadvantages and differences between self-directed 401k's and the more conventional self-directed IRA. Carl Fischer opens by describing 19 major characteristics of self-directed IRA's and self-directed 401k's and how they differ. Marc Halpern then shows real world examples with actual numbers, pictures and practices of how he is using his self-directed 401k and Roth 401k at CamaPlan for real estate investing to increase the net worth and passive income in his retirement plan. Self-directed retirement plans are a crucial strategic component of the financial freedom of many real estate investors. Do not miss this first-of-a-kind training lecture.
Private lending is great…until it isn’t! The speaker personally knows more than a dozen private lenders who lost a lot of money, up to all or nearly all, of their life savings to private borrowers who filed Chapter 7 bankruptcy, went to prison or died. In this presentation, Marc Halpern, who was a private lender for nearly a decade, describes 19 things that he has seen go wrong in private lending and 19 things he would do if he ever made private loans again (which is admittedly not likely).
In this presentation, Marc Halpern starts by identifying the top 11 barriers that investors encounter when trying to buy their first or next investment property. All 11 barriers fall into one of three categories of resources, knowledge or fear. Marc then shows how to overcome each of the barriers. In fact, 10 of the 11 barriers can be solved in your mind by either training or psychology. After you listen to this presentation, you will be much more confident that you can overcome your personal objections and barriers and become a successful real estate investor.
The bedrock of successful real estate investing is “leverage” of OPM, “other people’s money.” In this first-of-a-kind presentation, Marc Halpern discusses how much leverage of OPM is good for healthy growth and how much is dangerous in real estate investing at various stages from new investors to investors in “retirement. ” While by far, the majority of real estate investors make a lot of money leveraging OPM for passive income and net worth, some real estate investors lose everything due to over-leverage of OPM when the market periodically hits a downturn. Detailed examples and characteristics of good leverage and bad leverage are shown that illustrate prudent conservative decision making to achieve financial freedom while minimizing risk for risk-averse investors who want to reach their goals in reality.