Nick's Real Estate Masterclass
Buy now
Learn more
Introduction
Who is this course for?
How do real estate investors get really wealthy?
The two almighty definitions: NOI and Cap rates
Cap rates and NOI - a quiz
Quiz Review
Nick's Journey
Nick's Portfolio (Recorded December 2021)
Nick's Portfolio (Recorded March 2022)
A note
Feedback and Comments
Before you dive in
How to create a lot of money out of thin air
The wealthiest guy I know
Trampolines, gyms and cold hard cash
The skills you need to win
Sales
Communication and Writing
Resourcefulness
Likability, Trust and Emotional Intelligence
Types of real estate
A list of niche real estate asset classes and key terms
The mindset of a successful investor
The way to think about the critical aspects of business
How to learn any asset class very quickly
Find the professionals - talk to them, work for them or compete with them
How real estate is valued
Smell Tests, speculation and trends
Underwriting - how to figure out what a property is worth to you
Aspects of a good cash flow model
Deal Overview
Monthly Cash Flow Model
A walk through of my model
Where do you get a model specific to your industry?
Due Diligence
Due Diligence List
Appreciation
How appreciation works
The ways to force appreciation
An operational advantage and the holy grail
The roll-up strategy and cap rate compression
Time - the ultimate tailwind
Leverage
Leverage Basics
Key definitions
The great amplifier
Visualizing Leverage in Real Estate w/ Nick Huber
Refinance and Recaps
Deal Breakdown: My $2MM cash-out-refi
Debt Constant
Debt Constant Worksheet
Debt Constant Quiz Review
Debt Yield
Debt Constant Table
Debt Constant / Debt Yield discussion
Debt Constant / Debt Yield Quiz
Quiz Review
Alternative financing method: securities backed line of credit
Negative Leverage - Explained
Test your knowledge - managing risk
Model Walkthrough - Stress Tests
Stress Tests - Excel.xlsx
Managing Risk - Quiz
Quiz Review
Update
What do you think so far?
The Tax Advantages of Real Estate
Depreciation / Bonus Depreciation
Basis, Bonus Depreciation, Recapture, Capital Gains
Interest Expense as a Deduction
Real Estate Professional Status
1031 Exchange
Step-up In Basis
Income vs. Capital Gains
QOZ - Qualified Opportunity Zone
Conservation Easements
Additional Loopholes
Basis and Depreciation Quiz
Recapture and Capital Gains Quiz
IRS Publication 946 - Depreciation
IRS Depreciation FAQ
Cost Seg Study Example - Self Storage Facility
Cost Seg Study Example - Vacation / rental property
The Risks of Real Estate
How to lose a lot of money really fast
Everything is cyclical
Operations, Emotions and CAPEX
How to hedge your risk
How do I get started?
What you probably don't want to hear
Quality over quantity
The golden rule of real estate
How much cash do I need and what kind of returns can I expect?
Scale or stay small?
Beta vs. Alpha
My framework for spotting real estate opportunities
Real estate opportunities I love right now
Your real estate team
The Banker, Attorney, CPA, Contractor and Insurance Agent
The hardest relationship to build - contractors and service providers
The dynamics of buying a property
Are you a closer or a joker?
The off-market cold call
Looking at deals from Brokers
The offer
DEAL OVERVIEW: Gloversville - when the buyer has all the leverage
LOI - GLOVERSVILLE SIDE BY SIDE (4).pdf
PSA, Real Estate Attorney, Due Diligence Period
Due Diligence Request List.pdf
Raising OPM (other people's money)
A day in the life - trying to finish raising for a deal
Raising Other People's Money
Sources of Outside Capital
When should I get LPs? Should I raise money on my very first deal?
Selling Limited Partners on your Deal
Communicating and Reporting
Company Overview Deck
Preferred Equity Deck Example
2020 Year in Review - Bolt Storage
2021 Year in Review, Bolt Storage
How to dominate Twitter
How I raised $5MM in capital on Twitter
How to go from 95 followers to 95,000 followers in 10 months
The bad news
Deal Structures
The real estate private equity terminology you need to know
How real estate private equity works
Terms
Prefs, Promotes, Waterfalls
Fees
How to think about fees
How should you structure your deal?
PPM and Executive Summaries
Elmira NY Investment Prospectus
Accredited Investors
The straight split structure
My process with LPs
Vetting LPs and Managing Expectations
Re-capitalizing a Deal
Ohio Portfolio Executive Summary.pdf
FINAL LP Expected Case Akron Bowling Green Wolf.xlsx
Bolt Track Record.xlsx
Peru, IN Storage Portfolio Executive Summary.pdf
Georgia Portfolio Executive Summary.pdf
How to think about building a sustainable private equity company
How my real estate private equity and management company work together
How to scale your portfolio
The Method
Building your team
Finding off-market deals
Deal-flow from brokers
The ability to close "messy deals"
Investing with others as a Limited Partner
What questions should I ask?
New York Self Storage Investor Deck
New York Self Storage - Nick's Thoughts
My biggest mistakes in real estate
New development, zoning and prepayment penalties
Nick's Deal Breakdowns and Additional Resources
My first deal and how we made $2MM through a cash-out refinance
Pittsburgh PA Deal
Shippenville PA Deal
Closing on Erie / Pittsburg (vlog style)
Deal Breakdown - Gloversville (2021 Update)
RE #73: Nick Huber - Self Storage & Sweaty Businesses
RE #112: Nick Huber - Self Storage, Twitter, & Sweat (Part 2)
Profitable Real Estate Investing I Nick Huber l Pomp Podcast #453
Get to know Nick - and the non-sexy areas of entrepreneurship
Nick's Booklist
How profitable is a storage facility? Nick's 2021 Deal Breakdown
Nick's Talk at Re-Convene
Deal Breakdown - Tompkins County NY
The case for buy-and-hold real estate
Parting thoughts
Products
Course
Section
The Tax Advantages of Real Estate
The Tax Advantages of Real Estate
Nick's Real Estate Masterclass
Buy now
Learn more
Introduction
Who is this course for?
How do real estate investors get really wealthy?
The two almighty definitions: NOI and Cap rates
Cap rates and NOI - a quiz
Quiz Review
Nick's Journey
Nick's Portfolio (Recorded December 2021)
Nick's Portfolio (Recorded March 2022)
A note
Feedback and Comments
Before you dive in
How to create a lot of money out of thin air
The wealthiest guy I know
Trampolines, gyms and cold hard cash
The skills you need to win
Sales
Communication and Writing
Resourcefulness
Likability, Trust and Emotional Intelligence
Types of real estate
A list of niche real estate asset classes and key terms
The mindset of a successful investor
The way to think about the critical aspects of business
How to learn any asset class very quickly
Find the professionals - talk to them, work for them or compete with them
How real estate is valued
Smell Tests, speculation and trends
Underwriting - how to figure out what a property is worth to you
Aspects of a good cash flow model
Deal Overview
Monthly Cash Flow Model
A walk through of my model
Where do you get a model specific to your industry?
Due Diligence
Due Diligence List
Appreciation
How appreciation works
The ways to force appreciation
An operational advantage and the holy grail
The roll-up strategy and cap rate compression
Time - the ultimate tailwind
Leverage
Leverage Basics
Key definitions
The great amplifier
Visualizing Leverage in Real Estate w/ Nick Huber
Refinance and Recaps
Deal Breakdown: My $2MM cash-out-refi
Debt Constant
Debt Constant Worksheet
Debt Constant Quiz Review
Debt Yield
Debt Constant Table
Debt Constant / Debt Yield discussion
Debt Constant / Debt Yield Quiz
Quiz Review
Alternative financing method: securities backed line of credit
Negative Leverage - Explained
Test your knowledge - managing risk
Model Walkthrough - Stress Tests
Stress Tests - Excel.xlsx
Managing Risk - Quiz
Quiz Review
Update
What do you think so far?
The Tax Advantages of Real Estate
Depreciation / Bonus Depreciation
Basis, Bonus Depreciation, Recapture, Capital Gains
Interest Expense as a Deduction
Real Estate Professional Status
1031 Exchange
Step-up In Basis
Income vs. Capital Gains
QOZ - Qualified Opportunity Zone
Conservation Easements
Additional Loopholes
Basis and Depreciation Quiz
Recapture and Capital Gains Quiz
IRS Publication 946 - Depreciation
IRS Depreciation FAQ
Cost Seg Study Example - Self Storage Facility
Cost Seg Study Example - Vacation / rental property
The Risks of Real Estate
How to lose a lot of money really fast
Everything is cyclical
Operations, Emotions and CAPEX
How to hedge your risk
How do I get started?
What you probably don't want to hear
Quality over quantity
The golden rule of real estate
How much cash do I need and what kind of returns can I expect?
Scale or stay small?
Beta vs. Alpha
My framework for spotting real estate opportunities
Real estate opportunities I love right now
Your real estate team
The Banker, Attorney, CPA, Contractor and Insurance Agent
The hardest relationship to build - contractors and service providers
The dynamics of buying a property
Are you a closer or a joker?
The off-market cold call
Looking at deals from Brokers
The offer
DEAL OVERVIEW: Gloversville - when the buyer has all the leverage
LOI - GLOVERSVILLE SIDE BY SIDE (4).pdf
PSA, Real Estate Attorney, Due Diligence Period
Due Diligence Request List.pdf
Raising OPM (other people's money)
A day in the life - trying to finish raising for a deal
Raising Other People's Money
Sources of Outside Capital
When should I get LPs? Should I raise money on my very first deal?
Selling Limited Partners on your Deal
Communicating and Reporting
Company Overview Deck
Preferred Equity Deck Example
2020 Year in Review - Bolt Storage
2021 Year in Review, Bolt Storage
How to dominate Twitter
How I raised $5MM in capital on Twitter
How to go from 95 followers to 95,000 followers in 10 months
The bad news
Deal Structures
The real estate private equity terminology you need to know
How real estate private equity works
Terms
Prefs, Promotes, Waterfalls
Fees
How to think about fees
How should you structure your deal?
PPM and Executive Summaries
Elmira NY Investment Prospectus
Accredited Investors
The straight split structure
My process with LPs
Vetting LPs and Managing Expectations
Re-capitalizing a Deal
Ohio Portfolio Executive Summary.pdf
FINAL LP Expected Case Akron Bowling Green Wolf.xlsx
Bolt Track Record.xlsx
Peru, IN Storage Portfolio Executive Summary.pdf
Georgia Portfolio Executive Summary.pdf
How to think about building a sustainable private equity company
How my real estate private equity and management company work together
How to scale your portfolio
The Method
Building your team
Finding off-market deals
Deal-flow from brokers
The ability to close "messy deals"
Investing with others as a Limited Partner
What questions should I ask?
New York Self Storage Investor Deck
New York Self Storage - Nick's Thoughts
My biggest mistakes in real estate
New development, zoning and prepayment penalties
Nick's Deal Breakdowns and Additional Resources
My first deal and how we made $2MM through a cash-out refinance
Pittsburgh PA Deal
Shippenville PA Deal
Closing on Erie / Pittsburg (vlog style)
Deal Breakdown - Gloversville (2021 Update)
RE #73: Nick Huber - Self Storage & Sweaty Businesses
RE #112: Nick Huber - Self Storage, Twitter, & Sweat (Part 2)
Profitable Real Estate Investing I Nick Huber l Pomp Podcast #453
Get to know Nick - and the non-sexy areas of entrepreneurship
Nick's Booklist
How profitable is a storage facility? Nick's 2021 Deal Breakdown
Nick's Talk at Re-Convene
Deal Breakdown - Tompkins County NY
The case for buy-and-hold real estate
Parting thoughts
In this section we'll go over the tax treatment of real estate and how we can use it to our advantage.
16 Lessons
Depreciation / Bonus Depreciation
Basis, Bonus Depreciation, Recapture, Capital Gains
Interest Expense as a Deduction
Real Estate Professional Status
1031 Exchange
Step-up In Basis
Income vs. Capital Gains
QOZ - Qualified Opportunity Zone
Conservation Easements
Additional Loopholes
Basis and Depreciation Quiz
Recapture and Capital Gains Quiz
IRS Publication 946 - Depreciation
IRS Depreciation FAQ
Cost Seg Study Example - Self Storage Facility
Cost Seg Study Example - Vacation / rental property