May 19, 2021
This episode features helpful resources for real estate professionals who want to manage their business hands-on.
Our guest for today’s show is James Orr. He is a real estate investor and an agent. He is one of the hosts of the Nomad Real Estate Investing Podcast. He describes the podcast as a real estate investing podcast and recordings of live classes focused primarily on the Nomad™ real estate investing strategy. The podcast also covers the traditional buy and hold and ditch drive on the niche of the real estate process.
In this episode, James will focus on sharing these valuable resources -- Nomad real estate investing strategy and the real estate financial planner software. He will also talk about how these can be useful for real estate investors in managing their business.
Learn how to improve your real estate business in its technical aspect through the nuggets of information from James. Join James and Kirby in this enriching sharing of mind.
Key
Takeaways
[02:15] How
James got into real estate investing after leaving the military
service
[05:04] His view on the difference between real estate entrepreneur and real estate investor
[06:21] The importance of knowing what you want to focus in doing real estate
[07:13] What the Nomad real estate investing strategy is and how it came to be
[09:14] The difference between Nomad investing and house hacking for him
[10:36] His opinion on attaining financial freedom using the real estate financial planner software
[17:37] His realizations on investing after creating the software
[18:23] What software considerations on reserves stands out for him
[22:57] James talks about calculating if college was worth it vs. investing in real estate
[25:14] Some of the critical mistakes people make on real estate investing for him
[28:21] On Dan Sullivan’s concept of the ceiling of complexity
[32:40] How he wants people to resonate with him
[33:51] The type of deals he focuses on and his goals
[36:43] His thoughts about the phases of financial independence
Links
Real Estate Investment Planner -
https://realestatefinancialplanner.com/
Nomad Real Estate Investing Podcast - https://podcasts.apple.com/us/podcast/nomad-real-estate-investing-podcast/id1338925560
Living Off Rentals YouTube Channel - https://www.youtube.com/channel/UCRpWXe2mWqBm5vvbO2R2AdA?sub_confirmation=1
Living Off Rentals Facebook Group - www.facebook.com/groups/livingoffrentals
Living Off Rentals Website - www.livingoffrentals.com
Living Off Rentals Instagram - www.instagram.com/livingoffrentals