Nick's Real Estate Starter Class
Buy now
Learn more
Introduction
Who is this for?
How is this different from the Master Class?
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 March 2022)
A note before you dive in
Legal Disclaimer
Real Estate 101
State of the market - June 2022
Almighty Metric #1 - Net Operating Income
Almighty Metric #2 - Cap Rate
How to build a great network
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 walkthrough 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 Yield
Debt Constant Table
Debt Constant / Debt Yield discussion
Debt Constant / Debt Yield Quiz
Debt Constant Quiz Review
Quiz Review
Alternative financing method: securities backed line of credit
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
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
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
Resources
Visualizing Leverage in Real Estate w/ Jack Butcher
Debt Leverage Worksheet
What's next in the Masterclass
What to expect
Who the Masterclass is for
Your $750 coupon to level up to the Masterclass
Products
Course
Section
Investing with others as a Limited Partner
Investing with others as a Limited Partner
Nick's Real Estate Starter Class
Buy now
Learn more
Introduction
Who is this for?
How is this different from the Master Class?
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 March 2022)
A note before you dive in
Legal Disclaimer
Real Estate 101
State of the market - June 2022
Almighty Metric #1 - Net Operating Income
Almighty Metric #2 - Cap Rate
How to build a great network
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 walkthrough 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 Yield
Debt Constant Table
Debt Constant / Debt Yield discussion
Debt Constant / Debt Yield Quiz
Debt Constant Quiz Review
Quiz Review
Alternative financing method: securities backed line of credit
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
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
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
Resources
Visualizing Leverage in Real Estate w/ Jack Butcher
Debt Leverage Worksheet
What's next in the Masterclass
What to expect
Who the Masterclass is for
Your $750 coupon to level up to the Masterclass
3 Lessons
What questions should I ask?
New York Self Storage Investor Deck
New York Self Storage - Nick's Thoughts