1. A – Z List of Numeracy and Money Management Skills These links are located in the main /num/ directory. Topic Link A – H Addition Addition Algebra, Introduction to Algebra, Introduction to Angles, Introduction to Angles, Introduction to Area, Calculating Area, Calculating Area, Surface Area and Volume Area, Surface Area and Volume […]
Purpose: To provide an analysis of the recommended bibliography and, most importantly, to supply verified, official government sources for the tax and retirement plan concepts discussed. This report is designed to equip you with both foundational knowledge from leading books and the critical, authoritative resources from the U.S. government. 1. Analysis of Recommended Reading List The […]
Leading Real Estate IRA Custodians Here are some of the most established and well-known custodians that specialize in handling alternative assets like real estate. Equity Trust Company Overview: One of the largest and most established players in the SDIRA industry. They are known for handling a high volume of real estate and private placement transactions. Website: www.trustetc.com […]
Property Exterior Repair Estimate Worksheet Property Address: _________________________________________ Date of Walkthrough: ______________________________________ Estimated By: ____________________________________________ 1. Exterior Paint Condition: Good / Fair / Poor (Peeling) / Poor (Chalking) Needs Priming: Yes / No Scope: Full Repaint / Spot Repair / Wash Only Notes: _________________________________________________ Estimated Cost: $________________ 2. Rotten Wood Condition: No Rotten Wood Found / Minor Rot / Significant Rot Location(s): ____________________________________________ Notes: _________________________________________________ Estimated […]
FHA & VA Property Requirements Overview Objective: This report outlines the minimum property standards (MPS) required by the U.S. Department of Housing and Urban Development (HUD) for FHA loans and the Department of Veterans Affairs (VA) for VA loans. The primary goal of these inspections is to ensure the property is safe, sound, and structurally secure for the […]
REISkills.com – Estimating Repairs & Property Value Subject: Comprehensive Guide to Estimating Rehabilitation Costs and Property Value for Real Estate Investors Introduction This report synthesizes the core principles from the REISkills.com training materials on two critical skills for real estate investors: accurately estimating repair costs and determining a property’s after-repair value. Mastery of these skills is fundamental to calculating […]
Report: Types of Rehabs & The Investor’s Strategy Website: www.REISkills.com Topic: Aligning Your Rehabilitation Strategy with Your Investment Exit Plan Introduction Before estimating repair costs, you must first define your exit strategy. What you plan to do with a property—wholesaling, retailing, or holding as a rental—directly impacts the quality, extent, and budget of the rehabilitation. This report […]
This Questionnaire from REISkills for Prospecting Sellers is not a random list of questions; it’s a carefully crafted psychological script designed to build rapport, uncover pain points, and guide the seller toward your solution. Here is a breakdown of the sales psychology and NLP (Neuro-Linguistic Programming) principles embedded in these questions. Overarching Psychological Strategy The […]
Report: Financial and Strategic Calculations in Real Estate & Estate Planning Executive Summary This report synthesizes a comprehensive framework for financial analysis, strategic decision-making, and wealth preservation within real estate investing and estate planning. The core thesis is that success in these interconnected domains is predicated on a rigorous, data-driven approach to valuation and calculation. […]
Introduction: Your Most Important Skill Welcome to the world of real estate investing. The journey you are beginning can be incredibly rewarding, but success depends on one foundational skill above all others: learning how to analyze a deal. Many aspiring investors make decisions based on emotion or a “good feeling,” but successful investing is a […]
Development of Financial Analysis Forms for REISkills.com Objective: To transform the core principles of real estate financial analysis into a suite of practical, user-friendly forms and digital tools for the REISkills.com platform. The goal is to educate users and provide them with a systematic process to accurately determine the financial viability of an investment property. I. Proposed Form Suite […]
Enhancing Financial Analysis with Dynamic Forms for www.REISkills.com Objective: To transform the theoretical structure of income, expense, and CapEx reporting into an interactive, user-driven system. This will empower users to input their own data and receive instant, calculated results, moving from a static report to a dynamic analysis toolkit. Proposed Solution: The creation of three integrated digital forms: […]
An accurate repair cost estimate is the cornerstone of profitable real estate investing. It directly determines your maximum allowable offer, your financing needs, and your ultimate profit margin. This guide provides a structured approach to creating a report, from a initial “back-of-the-napkin” budget to a detailed inspection-based estimate for your final offer. The Three-Tiered […]
A report evaluating a property’s After Repaired Value (ARV) using comparable sales data is typically structured using a Comparable Market Analysis (CMA) methodology, which forms the “Sales Approach” to property valuation. The ARV is the estimated value a property will appraise for once all necessary repairs and improvements have been completed. The goal of this evaluation is […]
Making Offers Real Estate Offer Strategies: Private Sellers vs. Banks This report evaluates different strategies for submitting offers to private sellers versus banks/lenders (REOs), focusing on the appropriate posture, content, and follow-up methods for each type of seller. Offer Submission Strategies Report Making the offer is the final step after calculating the deal, estimating repairs, and determining the […]
Report on Real Estate Wholesaling (“Flipping”) as Presented by REISkills.com Date: October 26, 2023 Source Material: www.REISkills.com Analysis of the Wholesaling Strategy, Its Advantages, Disadvantages, and Legality 1.0 Executive Summary This report analyzes the real estate investment strategy of “wholesaling” or “flipping” as described by REISkills.com. The source material presents wholesaling as a low-risk, low-capital entry point into real estate […]
Objective: To teach real estate investors how to structure profitable deals by acquiring properties “Subject To” the existing mortgage and then strategically discounting (or eliminating) junior liens and other debts to create instant equity and cash flow. Module 1: The Core Strategy – A Powerful Combination Key Concept: Don’t just look at a property’s surface-level numbers. Master […]
IRS Section 121: The Home Sale Exclusion Section 121 of the Internal Revenue Code allows homeowners to exclude a significant portion of the capital gain from the sale of their primary residence from their taxable income. This is one of the most powerful tax benefits available to individuals. Core Rule for Single Filers & Married Couples […]
As of 2023, roughly 40% of all U.S. homeowners own their homes free and clear of any mortgage or lien. While this is a national average that includes both single-family and multi-family residences, available data does not consistently break down this statistic by the number of units per property type. However, this trend has been rising since […]
STRATEGY REPORT: Leveraging Seller Financing for a Secure Sub2 Purchase Website: www.REISkills.com Strategy: Buy “Seller Gets a New 1st Mortgage” then Sub2 Purchase 1.0 Executive Summary This report outlines a powerful and secure real estate investing strategy that combines traditional seller financing with creative acquisition techniques. The core concept involves having the motivated seller obtain a new […]
Tax Court Rulings on Real Estate Professional Status, Passive Activity Losses, Deductions, and Hobby Losses Table of Contents Real Estate Professional Status & Passive Activity Losses Deduction Substantiation: “Ordinary and Necessary” Expenses Hobby Losses: Activity Not-for-Profit Depreciation and Basis Issues Conclusion & Actionable Insights 1. Real Estate Professional Status & Passive Activity Losses IRS.gov Reference: Passive Activity […]
Everything You Wanted To Know About SAMs: A Complete Guide to Shared Appreciation Mortgages Source: www.REISkills.com Executive Summary A Shared Appreciation Mortgage (SAM) is a powerful, non-traditional financing tool where a lender provides favorable terms (like a lower interest rate or principal reduction) in exchange for a percentage of the property’s future appreciation. This guide provides […]
Mastering Newspaper & Online Ads – A Tactical Guide with Craigslist & Zillow Marketing Plan Source: www.REISkills.com Module Goal: To systematically generate leads from both passive reading (FSBOs) and active advertising (“I Buy Houses” ads), including modern online platforms. Executive Summary This module teaches a dual-pronged advertising strategy: prospecting for motivated sellers who are advertising themselves (FSBOs) and attracting motivated sellers […]
1031 Exchange Training Report: Mastering IRC §1031 Exchanges Source: www.REISkills.com Date: October 26, 2023 Subject: Comprehensive Summary of IRC §1031 Exchange Principles, Mechanics, and Procedures 1.0 Executive Summary This report distills the key concepts from the training publication “Mastering IRC §1031 Exchanges.” Internal Revenue Code §1031 is a powerful tax-deferral tool that allows investors to exchange qualifying real […]
Training Report: www.REISkills.com Subject: Mastering the Low-Income Housing Tax Credit (LIHTC) for Real Estate Investment Date: October 26, 2023 Author: REISkills.com Analysis Team Table of Contents Introduction: The Premier Tool for Affordable Housing Investment Chapter 1: The LIHTC Mechanism – A Public-Private Partnership The Core Concept: Substituting Equity for Debt The Key Players: IRS, HUD, State HFAs, Developers, and Investors […]
Executive Summary The Private Bank Concept (PBC) is a strategic financing model that enables real estate investors to source capital from private, individual retirement accounts (IRAs) rather than traditional banks or hard money lenders. This approach creates a symbiotic relationship between an active investor (the “Funds Seeker”) and a passive capital partner (the “Silent Lender”). By utilizing […]
Buyers in Real Estate Investing Source: www.REISkills.com Synthesis 1.0 Executive Summary Understanding the landscape of buyers is fundamental to success in real estate investing. This report breaks down the ecosystem into two primary segments: the Types of Buyer Profiles an investor sells to, and the Acquisition Strategies & Funding Methods an investor uses when acting as a buyer. Mastering both perspectives […]
The REISkills.com Guide to Creative Financing for Real Estate Investors Published by: REISkills.com Mission: To provide actionable education for building real estate wealth. Introduction: The Myth of “No Money Down” Many new investors are paralyzed by the belief that they need massive amounts of cash or perfect credit to get started. This is the single greatest barrier to entry—and […]
6 Major Ways To Profit In Quick Turn Real Estate Investing Here is a clearer breakdown of each method, translating the provided definitions. 1. WHOLESALING The Simple Analogy: You’re a “finder” or a “matchmaker.” You find a deeply discounted property and sell your right to buy it to another investor for a fee. The Process: You get a property […]
Why Owning Is Better Than Renting: Building Wealth and Stability Through Homeownership Making the choice between renting and buying a home is a significant crossroads. While renting offers short-term flexibility, homeownership provides powerful, long-term benefits that renting simply cannot match. The decision is far more complex than comparing a monthly rent payment to a mortgage. Buying […]