FREE -Real Estate Investing Class- online for anyone
I have been teaching principles of real estate investing to other Realtors and Investors for over 2 years.
Now I’m taking it one step beyond.
- NEW -
Real Estate Investing Principles – Free and online…
This will be an on-going course based on my current class, my past experience, and my on-going investment deals. Real life stuff.
- No Bootcamps.
- Nothing to buy.
- Current and relevant to today’s conditions.
Every Friday you will get a new section.
This is structured such that you can join in at any time. The content will cycle 2 or 3 times each year.
The classes will include the following:
- Market analysis (including market cycles).
- Portfolio analysis.
- NOD/NOT/REO (foreclosures) .
- How to determine true value.
- Resources to use in your investing.
- How to start/How to grow your investing portfolio.
- Single family homes/Duplexes/Apartment buildings.
- ROI,NOI,ROE,Cap rates,and other terms.
- Commercial real estate, is it right for you?
- Finding good deals, avoiding bad deals.
- Managing properties.
- Anything else I find interesting/useful
- Anything else requested by someone who is enrolled.
To participate in this class please email the following information: ( all required )
- Name (full, real name)
- City/State where you live
- Email address
- Phone Number
- Brief introduction including investing experience. (everyone is welcome but it’s good for me to know where you are starting from)
When approaching an REO entity today, how do I get
the best discounts, low-down (20% is OK), 30-yr
terms, int. rates below market, and a equity
line of credit for repairs, etc.
(I guess I should be asking: Do I know what I need?
lawrence forbes
October 17, 2008
If you can live in the home as you do the repairs, and intend to occupy it later,
I suggest an FHA 203(k) FHA 203 k info here.
It’s important to build a strong relationship with a couple of loan experts. Particularly in the current lending mess you need skilled professionals helping you.
Depending on your particular sub-market, REOs are often priced for sale at, or near, the asking price. Knowing real repair costs and accurate ARVs is always the key to finding truly good deals.
Most listed REOs will require a loan approval from one of their preferred brokers. You should have all of the information they will need ready at all times (2 years Tax returns, pay stubs, bank statements,etc.)
Eric Haggin
October 17, 2008