Course Offerings

"Flip It"...A look into investing in today's real estate market

Course ID: SEF-3001EO2
Overview
Course Outline
Requirements
Intended Audience
More Details

Examine investment opportunities in real estate, including personal residences, rental properties, and "flips," and learn how to determine which investments are smart ones. Homeowners will learn to evaluate their homes as investments, calculating value accurately, considering improvements to increase marketability, and exploring financing options. Novice investors who want to start slowly will learn about taking advantage of a depressed market for short and long-term gains.

Course Objectives

Students will learn to evaluate their homes as investments, calculate value accurately, understand how to increase value and marketability, and explore financing options.

Outline of instruction

1. Part 1: Introduction to Class
a. About the Instructor
b. About you - what are you trying to obtain from the class by week 9
c. Weekly articles - send to me in advance
d. Decide on your goals
e. How to Obtain info
f. Determining good comps
g. Start on Finance options & NC Contracts

2. Part 2: Finances
a. Review / Q&A of last weeks class / Go over articles sent over past week
b. Guest speaker if available (Lender)
c. Traditional institutional financing options
d. Private money
e. Comparing Loan options and how it affects your investment
f. Establishing returns
g. Finish NC Contract info

3. Part 3: Rentals
a. Review / Q&A of last weeks class / Go over articles sent over past week
b. Goals of your rental
c. Guest Speaker if available (Property Manager)
d. How to identify a good rental property
e. Cash flow and numbers
f. Ins and Outs of a lease
g. Tenant issues, Marketing of Rental, Misc. Issues

4. Part 4: Flips (Part 1)
a. Review / Q&A of last weeks class / Go over articles sent over past week
b. Goals of your Flip
c. Finding the Flip
d. Budget & Timelines
e. Example House Video
f. Students will create a sample repair list & budget between Parts 4 & 5

5. Part 5: Flips (Part 2)
a. Review / Q&A of last weeks class / Go over articles sent over past week
b. Guest speaker if available (General Contractor)
c. Go over in-depth budgets
d. Compare list of repairs and budgets for Example House from week 4
e. Combine student's repairs/budgets to a master list and see if home is profitable
f. Misc. Items & Tips

6. Part 6: Taxes, LLC's, Personal Residences and Foreclosures
a. Review / Q&A of last weeks class / Go over articles sent over past week
b. Guest Speaker if available (CPA for taxes)
c. How to structure investors and use of LLC's
d. Utilizing personal residences as investments, upgrades to make, etc.

7. Part 7: Overall/Recap of class, Specific examples/problems/questions
a. Review / Q&A of last weeks class / Go over articles sent over past week
b. Go over each topic covered and review
c. Extensive Q&A