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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 3
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SEOTA Defined
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SEOTA stands for the Strategic Evaluation of a Target Area, a step- by- step process for evaluating a property and determining if it’s a good investment for you. A thorough Strategic Evaluation of a Target Area (SEOTA) analysis will allow you to look at key demographic and economic indicators that reveal whether or not an area is worth investing in.