- Course Title
- Real Estate Investing
While a softening real estate market may frighten novices, experienced investors recognize weak markets as opportunities to pick up bargains. In many areas, experts say now is the time to buy before prices start climbing. In this course, you'll learn how to succeed in good times and bad, even if you have little money to begin. You'll get useful worksheets and hands-on activities to take the guesswork out of your investing efforts. By emphasizing systems and service, this course will help you do more with less effort while serving the needs of your buyers and sellers.
Offered in partnership with ed2go.
- Learn why real estate is such a powerful tool for creating personal and community wealth.
- Discover methods to help you analyze your local real estate market.
- Explore how to find a deal and navigate the transaction process.
- Generate working capital by finding deals and flipping them to other investors for a fee.
- Maximize long-term cash flow while you minimize tenant hassles.
- Develop your problem-solving skills by helping sellers in foreclosure.
- Explore the world of finding junkers, and learn to turn them into gold without ever hammering a nail or painting a wall.
- Investigate the great opportunities and hidden dangers of condo investing.
- Develop your skills in the art of getting paid to give other people what they want.
- Explore how to fund your deals with traditional and alternative forms of financing.
- Identify creative marketing techniques to sell your properties quickly.
- Gain insight into asset protection, how to build your team, tax strategies, and the power of systems.
Wednesday - Lesson 01
Real estate investors build wealth by providing a tremendous service to their community. In our first lesson, we'll explore the advantages of real estate and discuss why it's such a powerful investment vehicle. You'll learn investor secrets I wish I'd known when I began investing. You'll evaluate your current financial position and define your investing purpose and goals. Then you'll begin networking with other investors in your local area.
Friday - Lesson 02
Do you know what's happening in your local market? How do you make heads or tails of big 21st-century trends like walkable urbanism and the effect of Generation Y on the real estate market? In Lesson 2, you'll learn about the major shifts in the real estate industry since the end of the Great Recession and how to use them to your advantage. We'll cover how to identify the most profitable neighborhoods in your city and how to quickly determine whether an opportunity is right for you. You'll learn to find and analyze critical market data, which you can use to develop an investing strategy for your market that is consistent with your goals. You'll get access to world-class market data that will instantly make you a more intelligent, more sophisticated investor, even if you're new to the game.
Wednesday - Lesson 03
What steps do you need to take to find a profitable deal? What does the transaction process look like, and what should you investigate as part of your due diligence? Finally, how do you make the financial analysis quick, painless, and accurate? In today's lesson, you're going to discover the most effective methods for building a network of real estate professionals, finding deals, and navigating the transaction process from start to finish. By the end of this lesson, you'll understand how various players can help you find a deal, and you'll know how to do back-of-the-envelope financial analysis to quickly and easily determine the profitability in a deal.
Friday - Lesson 04
Has anyone ever told you "It takes money to make money?" Well, it's not always true. In this lesson, we'll debunk that old myth once and for all by exploring how to profit from wholesaling, or finding deals for other investors. Often referred to as "bird dogging," finding a good deal to sell to another investor is a great way to hone your skills and create working capital. You'll learn methods for getting a property under contract, and get the forms and worksheets you'll need to get your first deal done. And you won't need much money to do it.
Wednesday - Lesson 05
Looking to maximize your monthly cash flow while minimizing the hassles of being a landlord? In this lesson, you'll learn how to create passive income with rentals, lease options, and owner financing. You'll discover how to structure deals to minimize tenant hassles, and how to use the rent-to-own concept to help people buy a house affordably while still making a nice profit for yourself.
Friday - Lesson 06
In this lesson, we'll delve into the foreclosure process, including its mechanics, consequences, and opportunities. You'll see how hard the process can be for homeowners going through it, and you'll learn how you can help families avoid this black mark on their credit history by using your problem-solving skills. This lesson is a favorite, as it's chock-full of helpful tips on what to do (and not do) when negotiating with sellers in foreclosure. It also includes foreclosure-specific worksheets created just for this course, and a series of sample letters for contacting homeowners facing foreclosure. Be sure to check out the bonus section on creating equity out of thin air with short sales!
Wednesday - Lesson 07
This lesson will show you how to effectively manage your rehab projects to create maximum value and profit. You'll learn the characteristics of the perfect house for rehabbing, as well as how best to get the work done without doing it all yourself. You'll become an expert at working with contractors, estimating repairs, and crafting a plan for your rehab projects.
Friday - Lesson 08
Looking for a great starter investment, a potential money-maker in both rising and falling markets, and a perfect rehab project? Think condos! In this lesson, you'll find out why condos are one of the easiest and most profitable investments you can make. In addition, you'll learn to avoid the mistakes that often trip up inexperienced condo investors.
Wednesday - Lesson 09
Negotiation is a game you can win if you know the rules and use the right strategies. In this lesson, we'll explore the psychology of bartering, how to present yourself in a negotiation, and how to cultivate the right mind-set to make every deal a win-win. We'll discuss the two most powerful questions to use in any negotiation, and you'll learn negotiating skills you can use in all areas of life, not just real estate. This lesson includes a fun, interactive assignment where you get to test your skills by negotiating with a live opponent!
Friday - Lesson 10
Believe it or not, finding the money to do a deal is the easy part; it's finding the deal that takes work. Not all deals require large sums of money, but most people let lack of funds hold them back from getting started investing in real estate. In this lesson, you'll discover that there's money available and waiting to be put into profitable deals. We'll cover the various types of loans and lenders, and discuss who to go to for the loan you need. You'll learn to evaluate your credit and the credit of those who buy from you so you always know what types of lenders to approach for every deal.
Wednesday - Lesson 11
In this lesson, we'll explore how to quickly sell your properties for top dollar. We'll cover what it means to think like a buyer as we discuss what drives a buyer's decision-making process. You'll learn the seven essential items that every effective classified ad must have, as well as how to present yourself and your property at an open house. You'll see how to make your house stand out from others that are for sale in the neighborhood, and how to build a buyers list for your next deal.
Friday - Lesson 12
In our last lesson, we'll put all the pieces together. We'll cover the power of using systems to give efficiency and velocity to your investing efforts. You'll learn the importance of asset protection, building a team of professional advisers you can depend on, and how to reduce your tax burden and increase your profit margins. We'll explore such powerful tools as 1031 exchanges, corporations and LLCs, and Self-Directed Roth IRAs. Then we'll end with some final thoughts to help you begin your investing journey.
Method of Instruction