Bill has been a real estate investor and value creation expert for over 20 years. He lives in Georgia, has completed over 100 real estate deals and controls over 40 cash-flowing properties. His business thrived even during the 2008 crash and he makes 30-100% annually on rentals. The best part is that he does it all through helping others. Bill has found that his strategy of working with specific tenants to first rent to them, then sell to them, has provided a reliable long-term income and allowed him to assist people in becoming homeowners that wouldn’t be able to do so without his help. His class expands on this fulfilling and profitable real estate investment strategy.
In this class, you’ll learn how to find the deals, analyze them, fund the deals, manage the properties and then exit the deals. This simple plan makes it possible to generate enough passive income to become financially flexible and create a REAL retirement plan without relying on Wall Street. Learn how to get started while still working your full-time job, become a value creation expert (not just a landlord), and offer hope to your family and friends.
Renatus invites longtime real estate investor Bill Oehme to the stage where he introduces the topic of the course, an often overlooked strategy with incredible opportunity.
Bill provides more information about his investing career, as well as a brief outline of what to expect from the course.
Bill explains the differences in types of real estate investing and breaks down which are the best for passive income and wealth creation.
Bill distills the path to financial freedom down to two simple steps and explains what makes real estate different from other assets.
This segment highlights key problems often faced by uneducated investors and believing that cash is king.
Our instructor breaks down the attributes of investors and speculators to show students the fundamental differences between the two and illustrate why 99% of people in the business are actually speculators.
Bill shares his four rules for investing, including what to focus on, when to make your money, and how to make more money and control the deal.
Learn Bill's model for how to have cash flow for every month of your retirement, regardless of how long you live.
This section provides a side-by-side comparison of an asset-based retirement versus a cashflow-based retirement.
Bill illustrates this win-win scenario with several benefits of teaming up with tenants, from creating more value and helping people to the numerous tax advantages.
With anecdotes from his own experience, Bill describes the types of tenants you can expect, including their lifestyle, relationships, employment, and credit profile.
Bill offers a snapshot of what to look for in a property and explains why a three-bedroom house may be more desirable than a four-bedroom house and what to do when tenants turn a home into a laundromat.
Examine the list of what to look for in a property and explains why Bill dislikes dishwashers, disposals, and landscaping.
Bill explains working with vampires, shares his how he was able to motivate the bank to sell a property, and directs students to other courses that show students exactly how to find deals.
This segment shares more tips on how to find motivated sellers and seller financing.
Bill continues with more information about where to look for deals and shares how coming up with solutions can open doors for investors to find properties.
Bill wraps up his tips on finding deals, explaining why you should never buy a house for a specific tenant and why some investors may need to do this remotely.
What are the three questions every investor should ask before entering into a deal?
Bill presents a side-by-side comparison of cash flow for a rental property versus a rent-to-buy property.
Bill breaks down a few deals to show students the massive income potential and explains why he‘s actually had to climb through a window to get into a property he’s purchased.
This segment outlines some of the differences in investing with mobile homes versus stick-built homes, from where the title originates to depreciation and lot rent.
What is the best way to invest in mobile homes? What is the little house phenomenon and what should you expect for future demand?
Bill highlights two great investment deals to show students the different possibilities in a mobile home and a small brick house.
Learn the best candidates for buying a house and how to use a house to pay for a car.
Bill discusses various funding types, including private lending, self-directed IRAs and HSAs, bank loans, commercial lines of credit, recourse versus non-recourse loans, creative acquisition strategies, and more.
Understand this example dialogue to illustrate how best to provide enormous value when approaching investors for funds.
Bill describes how finding one investor quickly leads to finding more investors.
Umaer Haq highlights the importance of a good team and positive mentor as he shares his experience with starting out in real estate.
Umaer Haq shares a couple of his real estate deals, then describes what to look for in a tenant and shares the questions to ask prospective tenants.
Umaer and Bill note the Renatus courses that have been most valuable to them and share their unconventional strategy for getting offers accepted when there are no or very few comps.
Umaer shares more of his deals while highlighting the importance of having a good team and choosing a property size and type that’s in demand.
Bill outlines his best practices for choosing tenants, from income level and credit score to employment and previous residence.
From paint and rent freezes to appliances and pets, Bill shares several typical and out-of-the-box ideas for creating value for tenants and driving success.
Bill adds to his list of ideas for ensuring success by creating incredible value and shares his story of trading a $413 check for a $75,000 check.
Bill shares why he likes his tenants to talk, offers more suggestions for creating value, and explains the process of garnishing a tenant’s wages.
Understand additional value creation methods with a more lucrative rent collection schedule, ways to avoid foreclosure, and why not to replace an old roof.
Bill rounds out his list of value creation strategies with additional tips for seller financing, including how to determine P.I.T.I. and why to avoid balloon mortgages.
Learn how to work with property managers, including what to look out for and the steps to take if the relationship goes bad.
Bill explains the keys to successfully managing tenants through such critical items as renters insurance, notices and evictions, and properly-documented paper trails.
Hear some real-life examples of how to make defaults, penalties, and evictions a profit center, as well as explains how he was able to recoup his costs after putting in a well.
While recommending you holding onto properties unless your tenants buy them, Bill breaks down seller financing, 1031 exchanges, capital gains, and more.