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Zoom: Wealth Building Made Simple-A Simplified Approach Through Real Estate Investing -3CE
March 17, 2022 @ 9:30 am - 12:30 pm
$15.00Instructor: Steven David
Wealth Building Made Simple – A Simplified Approach Through Real Estate Investing – 3CE
Zoom Presentation
March 17th from 9:30am to 12:30pm
Real Estate can be a wonderful way to build wealth, but where do you begin? For those looking for a beginner’s course on how to start generating wealth through real estate investing, this course is for you!
Whether you are interested in building your retirement portfolio or dreaming of generational wealth, this course will teach you the process of real estate as an easy step-by-step guide.
Through examples and direct hands-on calculations, you will leave this course with a solid understanding of the basic steps toward real estate investments.
Objectives:
- Explain the importance of researching comparable properties
- Identify key factors when searching for comparable properties
- Evaluate comparable homes to find worthwhile investment properties
- Evaluate comparable homes to establish reasonable rent prices
- Calculate the vacancy rate and vacancy expense of a rental property
- Identify the importance of calculating the vacancy expense of a rental property
- Define key vocabulary with regards to mortgages and purchase options
- Calculate the typical down payment for a rental property and the remaining purchase price
- Demonstrate an understanding of an amortization schedule
- Identify the difference between total income versus cash flow
- Define typical operating expenses for rental properties
- Estimate annual and monthly operating expenses for a rental property (including reserves)
- Define forced savings and return on invesment
- Identify the benefits of price appreciation and mortgage amortization for property owners
- Calculate income, rate, and value using the IRV formula
- Calculate first year benefits of property ownership using the IRV formula
Instructor: Steven David
Members: $15 / Non-Members: $30
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