Category Archives: Wealth Creation

Items involving the concepts of wealth creation.

New Video: ProFormaStabilized Spreadsheet – Finance Package Tutorial1

I just uploaded a major update to my course “Introduction to Income Valuation and Syndication” (at http://bit.ly/itivas-1) that updates the ProFormaStabilized.xlsm spreadsheet and a new video tutorial for generating a PDF finance package. You can watch the YouTube version of the video by clicking here.

Update: Introduction to Income Valuation and Syndication

The course is updated with more improvements for the MasterLeaseAndOption.xlsm and for the ProFormaStabilized.xlsm spreadsheets. A new video tutorial is added for demonstrating how to perform “what if” calculations on actual operating data. Check out the course by clicking here. You can review the product update history by clicking here. Thank you for your support!

Investing in Rental Properties

I just watched yet another “Personal Finance Guru” on cable TV who recommends NOT to invest in rental income properties, but instead to invest in municipal bonds, claiming that such debt instruments are paying 5% to 6% tax free and are much safer than rental properties. To use the guru’s favorite retort, “Are you kidding […]

New Wealth Creation Information Product

I just released my latest wealth creation information product. It is called (drum roll, please): “How to Pyramid Your Equity to Create Wealth and Financial Freedom” It’s a thick, jam-packed (over 100 pages) special report PDF with forms and spreadsheets. It explains several ways of creating or leveraging equity so that you can, with very diligent […]

The Infamous Reverse Mortgage

I just added a free PDF special report about the infamous “Reverse Mortgage”. There are finance companies that are offering the “Reverse Mortgage” to seniors (at least age 62). Seniors with a substantial amount of equity in their residence are targets of this aggressive predatory loan. There are many “celebrities” who claim a reputation for […]

Guru Tips on Refinancing

I just posted a new article on the Time Value of Money (TVM) principles for refinancing your home. I just heard some ridiculous financial advice from a “personal finance guru” regarding refinancing your home mortgage. Refinance to a lower interest rate. Refinance to a shorter amortization term (number of payments to pay off). Refinance only […]

Are You Ethical?

Most folks like to think that they are acting ethically and with integrity. The real test of whether you are ethically conducting your affairs is by looking from the other person’s point of view, as if what you are doing is being published on the front page of a major newspaper. I am not saying […]

Product Update: Property Analysis Worksheet Short Form

I just updated my Property Analysis Worksheet Short Form product. I added more detail lines to the RepairEstimates worksheet. If you purchased this product within the last 12 months, then you will receive an email with your free download link for the update. If you want to learn more about analyzing properties for quick-turning (fix-and-sell […]

Should I Pay Off This Mortgage Loan?

I just heard a personal finance expert recommend paying off a mortgage that has 14 years remaining. Here are the parameters of the 30-year fixed rate loan: Debt Present Value:   229,880Remaining Term:           168  (16 years paid, 14 years left)Annual Interest Rate:     6.6% (fixed over 30 years)Monthly Debt Service:  -2,100  (principal + interest)Annual Debt Service:  -25,200 From […]

Product Update: Pro-Forma Stabilized Income Property Mail Merge Tutorial2

I just updated the ProFormaStabilized.xlsm spreadsheet, added a new mail merge template, and added another video tutorial for the mail merge templates to my Introduction to Income Valuation and Syndication product. You can view the YouTube.com version of the video tutorial here.