Casey Ryan Richards

The Upcoming Presidential Election: The Procedure To Elect The President Of The US The Upcoming Presidential Election: The Procedure To Elect The President Of The US By Abdul Waheed Zafar The upcoming United States presidential election is set for 3rd November 2020. This year will mark the 59th quadrennial presidential election. People of the United States will vote for their desired presidential electors on Election Day. On December 14, 2020, these electors will vote for a new President and Vice President. Alternatively, they can re-elect the holder of the office Donald Trump and Mike Pence. Also, the caucuses and presidential primary elections are going to be organised between February and August 2020. Actually, this indirect election involves a nominating process that allows voters to cast ballots in order to select delegates to the nominating convention of a political party. These delegates select the nominees from their parties for the positions of President and Vice Pres...

Status is online Casey Ryan Richards Marketing 9 articles It is once again that time of year. All across the nation, the ski resorts are starting to gear up for the opening day. This means lots of cutting of the grass, fine-tuning of ski lifts, and hours of training for resort employees. By all means, it looks like another normal year, except of course there is nothing normal about 2020. This year's ski season will be marked by limited operations, mandatory masks, and a vastly different experience than skiers are used too. Vail Resorts (owner of many mountains around the world) has already set out the rules for operations and they aren't pretty. The first change is that all guests to the mountain will be required to wear face coverings. When outside skiing in cold weather, that is pretty normal. The problem comes when you leave the slopes. No longer will you be able to take off that constricting mask and breath normal. Instead, you will be required to keep your face covered at ...

Some People Consider Real Estate Investing Similar to Buying a Boat When you get right down to it, buying a non-performing mortgage is like buying a boat; the two happiest days are the day you buy it, and the day you sell it! Investing in a non-performing mortgage note (NPN-NPL), and cashing out for a profit, are my two happiest days as a note investor. A non-performing note is basically a mortgage where the borrower has stopped paying which means you can buy it at a discount. You have heard the old saying in real estate, the profit is made when you buy. How true that is, especially in the note world! We have found that you have to take into account all the costs you will run into from the day you buy it, until the day you sell it, and use that to make sure you are not overpaying. If not, you can lose money; sometimes a lot, sometimes all of it. While there are some warm and fuzzy feelings experienced when you own the boat, like taking it out on the water for the first time, you are go...

Casey Richards Rutland

You’re passionate about your real estate investing , whether that’s flipping or landlording. And maybe you’ve started to make a little money selling these house or cash flowing from rents. So when should you take your real estate investing to the next level and build a real business? Here are five signs that it’s time to take your real estate investing up a notch. You’re Super Busy Doing Deals You might have started out just searching the MLS every night for the perfect deal, but now you can’t keep up with all the leads from your ads or other investors. If your real estate investing is taking over your world, it might be time to consider doing it full time. You’re Making More with Your Real Estate Investing Than Your Job This is a fantastic sign that you’re ready for business ownership! If the profits from your “little” real estate investing are more than what you’re bringing home in your paycheck, it might be time to put in your notice at your job and start focusing on ...

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Financial Freedom with Real Estate Investing: The Blueprint To Quitting Your Job With Real Estate - Even Without Experience Or Cash by Michael Blank is both a ‘how to’ and a bracing bit of financial self-help.   Michael Blank, according to his bio and the book’s introduction, is an ex programmer, would-be restauranteur and a seasoned investor who’s lived both near catastrophic failure and phenomenal success. He sets out a strong case that for those looking to retire from their jobs and live on passive income from their property, multi-family apartment blocks provide the most time and cost-efficient solution, relative to flipping single-family homes. Blank then both guides and cheerleads the potential novice property investor through his three-stage process: 1. raising the funds for that all-important first deal, without relying on personal savings, 2: How to interact with brokers as a serious buyer and build the right team of advisors or coaches, 3. Rapid analysis of pote...

Subject: The Insider's Guide to Private Lending The Insider's Guide to Private Lending: How to Earn Safe and Consistent Returns in Any Real Estate Market. by Jeff Levin Jeff, a former mortgage banker, decided to get involved in private lending when the crash came in 2008. He saw a unique opportunity to lend to qualified investors at a time when they couldn't get money from other sources. In the decade since he has perfected his system for private lending which is presented in this book. This book is designed for anyone looking to start their own private lending firm.  He starts by discussing the "five good reasons why" private lending would make a great addition to your portfolio. They are: 1. Returns - because private lenders can act more quickly than traditional banks, they can charge more. This can be up to double or triple what a bank would earn.  2. Convenience - there are lots of ways to invest in real estate, but many a...

The Complete Guide to Real Estate Finance for Investment Properties" by Steve Berges This book focuses on analyzing real estate investment deals. Specific topics covered include: * The Relevance of Finance and How it Applies to Value * Time Horizon * Volume of Investment Activity * Property Types * Costs of Funds * Amortization Period * Amount of Funds Borrowed * Loan Duration * Loan Fees * Prepayment Penalties * Leverage * Debt * Equity * Blended Financing and the Weighted Average Cost of Capital * Options Then it broke down real estate investment performance measurements: * Net Income Return of Investment * Cash Return on Investment * Total Return on Investment * Net Operating Income * Cap Rate * Debt Service Coverage Ratios * Operating Efficiency Ratios * Gross Rent Multiplier * Operating Ratio * Break-Even Ratio * Future Value Analysis * Present Value Analysis * Net Present Value Analysis * Internal Rate of Return It also covered appraisals a...

HUD Homes Half Off" by Larry Goins Larry Goins is a consultant out of North Carolina. He buys homes off of HUD and flips them for a profit. This book is a how to guide for doing what he does. Here are some highlights: * HUD homes are available at HUDHomeStore.com * HUD organizes their listings in a way that gives you all the information needed to make an offer. * When you make an offer you will have an answer the next day. If rejected, you can submit a new offer. * You might need to make 100 offers to get a good deal, but you can get steep discounts on properties (50% or more). * There is less competition with HUD Homes. Larry Goins buys these houses dirt cheap and then resells the either to investors or to consumers with seller financing. In the case of seller financing he charges 3-6 times the price he paid for the house. For wholesale properties he puts a premium on the property around $10,000. He sells those properties at InvestorsRehab.com. * HUD delivers clear tit...

"What Every Real Estate Investor Needs to Know About Cash Flow" By Frank Gallinelli   Frank Gallineli's book "What Every Real Estate Investor Needs to Know About Cash Flow... And 36 Other Key Financial Measures" is highly technical, but very interesting. I found it helped me by explaining the math behind the deals in plain English.   The book is divided into two parts. The first part covers the basics of real estate investing and an introduction to the concepts that need to be understood. The second part covers individual calculations such as compound interest, cash-on-cash return, and internal rate of return. It is best kept as a reference, so my notes are limited:   How to make money in Real Estate: * Cash Flow - also called "net spendable cash", this is the left over money each month after all of your bills are paid. * Appreciation - the growth in the value of the property over time. * Loan Amortizat...

"The Real Estate Rehab Investing Bible" by Paul Esajian   Tags: Flip This House, Paul Esajian, House Flipping, Investor Rehab, Finding Investment Houses, Fixing Houses, A&E   In "The Real Estate Rehab Investing Bible" Paul has created a seven stage system for finding, funding, fixing, and flipping homes that doesn't involve picking up a paintbrush. As he puts it "by getting your hands dirty, you slow down the opportunity to get your money back sooner." Instead, he teaches how to put your money to work to maximize returns.   One of his suggestions is to create a network of people involved in real estate.. This included mortgage brokers, agents, lawyers, contractors, investors, city officials, and others. You can meet them in person at auctions, REIA meetings, home builder association meetings, landlord association meetings, and home or trade shows. Online you can meet them at Meetup.com, Yahoo Groups, Fa...

"Principles of Real Estate Syndication" By Samuel Freshman   Tags: Real Estate Syndication, Apartment Complexes   A real estate syndication is a collection of two or more investors that pool their money to purchase real estate. Typically, one party if the syndicate is active in the investment and the rest are passive. The active investor may received an override or management fee in addition to any cash return from her investment.   Freshman lays out seven reasons why people invest in real estate syndicates:   * Spendable Cash Flow * Tax Advantages * Gain from Equity Through Leverage * Hedge Against Inflation * Appreciation Capture * Low Risk * High Yields   The lead investor (Syndicator) can be involved in issuer functions "which involve acquiring control of the property and formation of the entity which is to own the property" and/or dealer functions "which concern the marketing and sale of...

"Nashville Capitalization Rates" by Casey Richards   I've been curious for some time about what factors go into determining the market cap rate for investment properties here in Nashville. When I first arrived in the city back in 2004 it wasn't at all unusual to see cap rates above 10%, but recently the rates have started to creep downward. Today rates on a duplex in the metro area will range from 7-9%. However, if you were to pack your bags and head just a few hours West, you could still achieve those double digit cap rates in Memphis. This lead me to dig deeper to figure out what factors drive the prevailing cap rate here in Nashville and across the country.   My research lead to me something called the derived cap rate. It ends up that you can dissect the cap rate using this approach which splits it into two parts. The two primary factors are financing and equity.   Most investment properties are purchased using a mortg...

"Investing in Duplexes, Triplexes, and Quads" By Larry B Loftis, ESQ   Tags: Duplex, Triplex, Quadraplex, Florida Real Estate   I don't usually read books published in 2006 because they are clearly outdated. Tax laws have changed at least twice and we had that little 2008 incident, but the title "Investing in Duplexes, Triplexes, and Quads" caught my eye and I figured I would give it a try.   The reasons Mr. Loftis gives for believing in the power of multifamily residential properties mostly still applies today, but it is interesting to hear him tell stories of appreciation in Orlando, Florida in 2006. Cheaper down payments is one benefit that still exists (if you live in the unit). FHA will allow an owner-occupant to put down 3.5%. Affordable purchase prices is also mostly still available. Right rent range, rent safety from vacancy, immediate cash flow, cash back at closing, economies of scale, fixed rate mortgages,...

"How to Make Big Money in Small Apartments" by Lance Edwards   Tags: fourplex apartment, real estate investor, small apartments, multifamily apartments   This was a great book full of ideas for purchasing multi-family units centering around no money down strategies. He had many interesting ideas to raise fund funds or purchase properties to numerious to note. Here are a few highlights:   Rasing Private Money Formula:   Part I - Finding people predisposed to invest in real estate (seller, IRA, auctions, real estate clubs, etc)   Part II - Give the lender the ability to gain control if you fail to perform.   Part III - Use insurance like Key Man and Business Income Lose to make the investment low risk. You can also use the reputation of a management company to makeup for your lack of experience.   Part IV - Give them a high return through interest rate, equity, or a hybrid of both.   Mo...