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Buy It, Rent It, Profit Masterclass
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PART I: You Can Build Wealth Through Real Estate
Welcome -
About Your Instructor
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Setting Your Goals
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Download Your BRP Masterclass Workbook
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PART I: You Can Build Wealth Through Real EstateInvest In Yourself6 Topics
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Buy It, Rent It vs. Fix It, Flip It7 Topics
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The Seven Keys To Becoming A Successful Apartment Investor3 Topics
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PART II: Investing In Rental PropertyWhere Should I Buy A Rental Property9 Topics
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Learn About Prospective Tenants
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Know Your Asset Classes
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SEOTA Defined
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Step One: Find Your Target Area
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Step Two: Narrowing Your Focus To Find The Right Property
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Step Two: Additional Factors
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Step Three: Examining The DNA Strand Of A Property—The Beginner’s Safety Net
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Key DNA Terms And Formulas
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Market Analysis
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Learn About Prospective Tenants
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How Do I Get The Best Deal On A Property?8 Topics
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How Do I Pay For It? Getting The Right Financing8 Topics
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Lender Requirements And Mortgage Brokers14 Topics
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Finding A Lender And Your Loan Package
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Lender Requirements
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Debt Yield Requirement
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Working With A Broker
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The Loan Approval Process
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The Appraisal Step
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Environmental Report Phase 1
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Survey
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Finalizing Underwriting
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Approval Committee
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The Contract Phase
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Key Contract Points
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Purchase and Sales Agreement (PSA)
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Property Condition Assessment (PCA)
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Finding A Lender And Your Loan Package
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Syndication7 Topics
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Are Foreclosures Too Risky3 Topics
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Establishing Your Company And Property Management6 Topics
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PART III: Landlording Essentials11 Topics
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Readying Yourself To Rent: Important Questions
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Be Contact-Ready
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7 Keys To A Successful Phone Call
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Showing Your Unit And Closing The Deal
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Leasing Toolkit
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Showing Your Unit And Being A Leasing Megastar
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Showing Your Unit: Safety
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The Application Approval Process
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The Fair Housing Act
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Fair Housing Act: Occupancy and Pets
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Preparing For Move-In
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Readying Yourself To Rent: Important Questions
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When Can They Move In? Understanding The Basic Components Of A Lease11 Topics
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What Do I Do When My Tenants Break The Rules?7 Topics
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How Do I Move My Tenant Out? Ending The Lease Term8 Topics
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Maintenance: Inspect What You Expect8 Topics
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PART IV: Building Wealth Through Real EstateThe Tech-Savvy Investor1 Topic
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How Do I Protect Myself?3 Topics
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Course Wrap Up2 Topics
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How Do I Grow? Building Your Real Estate Empire3 Topics
Participants 40
Lesson 8,
Topic 1
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Learn About Prospective Tenants
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The building does not pay the rent; people pay the rent. That is why most investors have trouble filling vacancies on their rental property and their cash flow suffers. It’s important to understand your customer—your customers are your tenants.