On October 20th, 2016 in Fort Collins I taught a special class called, How to Acquire a Multi-Million Dollar Real Estate Portfolio with Just $3,000 (video recording of the live presentation below for members).
In this class I go through 157 Power Point slides walking you through the exact model to use to start with a single down payment of $3,000 and use that to buy your first property using the Nomad investing strategy. Once you have that property, you can use that property and the tenant buyer moving into that property to create your next down payment to purchase your second property. You can continue to use this strategy to buy additional properties until you have a multi-million dollar portfolio of rental properties.
I walk you through–in significant detail–the cash flow, depreciation (tax benefits), appreciation and debt paydown on each property and on all the properties as a whole. We discuss the exact mechanics of making this model work including discussing the types of loans to use and how much you’d need to earn from your job to qualify for these loans.
I also walk you through the exact type of properties we’re using to implement this model and where to find them.
At the end, I take questions from the class live to address any areas that were not clear.