Real Estate Investing Introduction Investment Analysis

Learn the fundamentals of investment analysis specifically for rental income property investments

Last updated 2022-01-10 | 4.5

- Understand key metrics for evaluating rental income properties
- Confidently evaluate rental income property investment opportunities
- Use professional-grade investment models to evaluate their own flip or rental deals

What you'll learn

Understand key metrics for evaluating rental income properties

Confidently evaluate rental income property investment opportunities

Use professional-grade investment models to evaluate their own flip or rental deals

Understand the core concepts of real estate investing

Understand professional real estate investment strategies and techniques

Confidently evaluate fix & flip investment opportunities

* Requirements

* Microsoft Excel 2013+

Description

Jason Mora - 5 Stars

“I'm loving it so far. The content is top notch. The instruction is clear and concise. The pace is perfect and the extra resources are enormously helpful. Well done!”

Dimitris Provatas - 5 Stars

“Really enjoyed learning from Symon. Can't wait for more courses on real estate topics, especial financial modeling and evaluating investment proposals”

Eric Chaussé - 5 Stars

“Very practical!!!! Love the lesson plans and the step-by-step instructions.”

If you've EVER wanted to…

• Invest in a rental income property

• Do a fix & flip for profit

• Have professional investment analysis tools that you could use immediately to evaluate your own investment opportunities

…then this course is definitely for you.

_______________________________________

If you’re still unsure, here are a few questions that I often get from prospective students:

I don't live in the US, is the material still useful for me?

Yes! The examples I use are primarily US properties because the vast majority of my students are from the US. However, ALL of the concepts taught and tools provided are just as useful for any market around the world.

In fact, I have students from over 190 countries who are using the tools and knowledge provided in this course to help them invest wherever they are located.

The only difference is that it's harder to gather the initial information in some markets and will require different tactics to get that data.

How is this different from your other courses?

This course only covers the foundational topics and only has two case studies with the fix & flip and the rental income property.

If you only intend to invest in fix & flips and rental income properties, this course has everything you need for investment analysis.

If you intend to invest with business partners, in apartments, in commercial, etc...then you should look into taking my other courses, which can be found at the bottom of this page.

What if I don't have any real estate background?

This is the perfect course to get your feet wet. I'll cover all the important foundational topics for you and then show you how to apply those same concepts to evaluating a fix & flip as well as a rental income property.

I have some real estate background already, what could I learn from your course?

If you have some background, I'd recommend you check out my other more advanced courses.

I can learn all of this elsewhere, why should I learn from you?

No, you can't. Go Google how to use the waterfall structure and try to find someone that not only covers the waterfall framework in great detail but also gives you numerous examples on how it’s used. I've looked and it's not there.

The same goes for all the other material in this course. You can find the descriptions and commentary, but you won't find the detailed examples and the investment models that I give to you here.

In theory you could do this on your own by searching all over the internet, buying tons of books, interviewing lots of experts, getting an MBA, performing all your own research, getting a job in real estate private equity, and doing $400M+ in real estate deals and get the same level of knowledge I have.

OR….you could just take advantage of my experience. I've done everything I listed above and I put the best of what I learned into this course. Trust me, it’s worth it.

Can you make me rich by taking your course?

No way! Not just from taking the course, anyway. Anyone who promises you that is selling snake oil.

If you take my course AND apply what you’ve learned to make smarter investments in the future, then you have a chance at making some real profits.

What I can guarantee is that you will leave with some serious real estate investing knowledge, techniques, and tools.

What else does this course cover besides real estate investing?

This course is ALL about and ONLY about professional real estate investment analysis concepts and techniques. Nothing else. But as you can see, just this topic alone requires I cover quite a bit already.

Actually, I do cover one more thing: I will also give you daily affirmations that help you build a "winning" mindset and I'll have lots of sales videos that push you to sign up for my top-secret real estate system for only 12 monthly low payments of just $999. Just kidding.

James Cochrane - 5 Stars

“Great class. You will learn a lot from this instructor and the subject material is good.”

Jerry Mastren - 5 Stars

“Easy to understand, step by step instructions.”

Glenn Levine - 5 Stars

“The instructor is very informative and is a real estate expert. I will definitely purchase more of his video tutorials in the future. GL”

What will I be able to do after I take your course?

After taking my course, you will be:

• Able to confidently use professional real estate investment techniques.

• Able to evaluate both fix & flips as well as rental income properties.

What WON'T I get from this course?

• You will not get a Real Estate License from taking this course. You can only get licensed by taking the appropriate test with the testing agency of your state and country. But what is taught in this course has nothing to with getting a license, which focuses on how to legally transact real estate deals between buyers and sellers. This course is about investment analysis.

• I will not be evaluating your personal investment deals for you for this course. This is about you learning how to do it on your own using the lessons and the tools here. If you really want me to consult, you can reach out to me. My hourly rate is $350/hr.

What’s holding you back?

Are you afraid this course won’t work? I promise you it will.

Are you afraid this course will work and you’ll actually have to start investing? I think that’s a pretty good problem to have.

Are you afraid it will take time and effort? It will. Real estate isn’t an easy business, if it was everyone would do it. But if you put in the work I promise you’ll see results.

Best of all, there is absolutely ZERO risk. Udemy gives you a 30-day money back guarantee to ensure you get what you pay for.

So go ahead, sign up, and let's get to work.

I hope to see you inside,

Symon

Who this course is for:

Newbies to real estate investing
Those who are serious about investing in fix & flips or rental income properties
Someone who wants to build a solid foundation for their real estate investing knowledge

Course content

14 sections • 74 lectures

How to Take This Course 4 lectures

Welcome Preview 01:27

A few reminders before we begin Preview 01:05

How to Take This Course Preview 01:30

Before you dive right in, here are few quick notes on how to take the rest of the course depending on whether you're looking to speed through it or do a deep dive on the topics.

COURSE FILES Preview 00:09

Jumpstart 10 lectures

Jumpstart Intro Preview 01:00

A quick overview of how this Jumpstart section will work and what you'll get out of it!

You can download this model for free here and follow along in the Jumpstart section. Try before you buy!

https://drive.google.com/file/d/0B3ZhPPeH41ORejFRU1hjNEQ3X2M/view

Jumpstart - Why Investment Analysis Preview 06:13

Learn and understand the key reasons of why we do investment analysis and how it will help you become a better investor.

Jumpstart - Market Research 1 of 2 Preview 16:40

Using the attached Excel model and Zillow.com listings, we do some quick market research on rental income properties.

Zillow Alternatives Preview 00:52

Jumpstart - Market Research 2 of 2 Preview 07:17

Demonstrating how to interpret the results from the quick market research exercise.

Jumpstart - Evaluating a Rental Income Property with a BOE Model Preview 08:08

Using the attached back of the envelope model, we evaluate a rental income property that you've just found.

What is Next? Preview 00:30

Whoa, you've already learned how to evaluate a rental income property (at a high level). Here's what to expect in the rest of the course.

Interest Only BOE Model Preview 00:07

For those of you who want to explore what the BOE model would look like on an interest only (rather than an amortized) loan.

Updated BOE Model (Up to 50 Years) Preview 02:17

Check out my latest articles Preview 00:54

Foundations: Investment Process 9 lectures

Originations Preview 02:39

The first stage in the Investment Process - Originations.
The who, what and where of deal sourcing.
Who will bring you deals, what are you looking to invest in and where are you looking to invest?

Analysis (What This Course is ALL About!) Preview 07:43

This Analysis phase of the Investment Process is the emphasis of the course. It is detailed further in the examples in the latter part of the course.

This lecture will tell you why analysis is so important and how it could save you precious time and money.

Due Diligence Preview 04:36

After you have completed the analysis and modeled out the return potential for your investment, you must take the time and care to validate and verify all the key assumptions that could impact your investment.

Financing & Closing Preview 03:19

Financing and Closing is the stage where you assure all the necessary funds are in place to make your deal happen.

In this lecture you will learn about the main sources of funding involved in real estate investments.

Construction & Rehab Preview 08:42

The project doesn't end after closing, now it's time to increase the value of your asset.

In this lecture you will learn the key considerations for construction and rehab and how to work with contractors.

Stabilization Preview 02:41

After construction is complete, you then want to stabilize the asset (aka get it to the point where it would be most marketable for a sale).

Learn the various types of stabilization depending on the nature of the type of investment.

Exit Preview 03:16

In the final stage of the investment process, this is where you sell (or exit) from the asset and actually realize your returns (or losses).

TLDW Summary Investment Process Preview 07:56

Too Long Didn't Watch (TLDW) Summary of the Investment Process Section.

Investment Process Quiz

Quiz your understanding of the investment process.

Foundations: Measures of Return 13 lectures

Measures of Return Overview Preview 00:58

Quick summary of the many topics covered in this section

Discounted Cash Flow Analysis & Net Present Value Preview 05:45

In this lecture you what is discounted cash flow analysis and why investors use this technique

Discount Rate Preview 02:50

What is the discount rate and how do you determine the right one to use for your NPV calculation?

Net Present Value Excel Demo Preview 07:42

Demonstration of the Net Present Value calculations through examples using Excel

Internal Rate of Return Preview 02:42

Understand what the Internal Rate of Return (IRR) is and how to use it

Internal Rate of Return Excel Demo Preview 04:32

Demonstration of the Internal Rate of Return (IRR) calculations by comparing sample investment cash flows that appear very similar but give different IRR results

Cash Multiple Preview 02:06

Learn what the Cash Multiple is and why it's often used alongside the IRR

Which Measure Should You Use? Preview 06:11

So which measure should you use? Learn why you need to use at least two measures in order to properly measure both the efficiency and magnitude of investment returns

Which Measure Should You Use Excel Demo Preview 04:59

Demonstration of why you should use multiple measures of returns using examples in Excel

Terminal Value Preview 05:09

How to calculate the Terminal Value of an income property that you plan to hold onto indefinitely

Yields and Cap Rates Preview 08:47

Learn what yields and cap rates mean and how they apply to income producing properties

TLDW Summary Measures of Return Preview 07:57

Too Long Didn't Watch (TLDW) Summary of the Measures of Return section

Measures of Return Quiz

Test your understanding of the topics covered in the Measures of Return section

Foundations: Impact of Debt on Returns 7 lectures

Intro to Impact of Debt Preview 00:36

Overview of the topics to be covered in this section around how debt impacts your measures of return

Interest Only vs Amortized Debt Preview 04:43

Learn the difference between interest only vs fully amortized loans

The Amortization Calculator Preview 04:11

A look at the amortization calculator built into every investment model in this course

Amortization Schedule w/ Extra Principal Payment Option Preview 00:09

This is a new revised Amortization calculator that shows what happens if you made extra monthly payments towards principal each month.

Unleveraged vs Leveraged Returns Preview 06:20

Understand how taking on debt could impact your investment

TLDW Summary Impact from Debt Preview 04:49

Too Long Didn't Watch (TLDW) summary of the Impact from Debt section

Impact of Debt Quiz

Test your understanding of debt as it relates to investment analysis.

Foundations: Investment Considerations 7 lectures

Investment Considerations Overview Preview 00:43

Overview of the topics to be covered in this section

External Considerations Preview 11:23

In this lecture we'll explore market and external considerations that could affect your investment analysis

Property Considerations Preview 13:19

In this lecture, we'll discuss property specific considerations that could affect your investment analysis

Deal Considerations Preview 10:11

In this lecture, we'll discuss deal specific considerations that could affect your investment analysis

Other Considerations Preview 06:13

In this lecture, we'll discuss other considerations that could affect your investment analysis

TLDW Summary Investment Considerations Preview 12:39

Too Long Didn't Watch (TLDW) summary of all the investment considerations discussed in this section.

Investment Considerations Quiz

Test your knowledge of the investment considerations covered in this section

Foundations: Investment Strategies 6 lectures

Investment Strategies Overview Preview 00:26

Overview of the three broad investment strategies to be covered in this section

Core Investment Strategy Preview 08:32

In this lecture, we explore the characteristics of the core investment strategy

Opportunistic Investment Strategy Preview 11:30

In this lecture, we explore the characteristics of the opportunistic investment strategy

Value Added Investment Strategy Preview 06:34

In this lecture, we look at how the value added investment strategy falls somewhere in between core and opportunistic strategies

TLDW Summary Investment Strategies Preview 07:57

Too Long Didn't Watch (TLDW) summary of the topics in this section reviewing the key points on the investment strategies

Investment Strategies Quiz

Test your understanding of our discussion on investment strategies

Checking in 2 lectures

Checking In Preview 01:07

You've learned a lot of real estate investment analysis foundations. Are you ready to apply those to real world examples?

TLDW Summary Case Studies Preview 00:45

Too Long Didn't Watch Summary for Case Studies

Fix & Flip Case Study 5 lectures

Fix & Flip Overview Preview 01:07

Overview of the topics to be covered in this section on Fix & Flip investment analysis

Fix & Flip Key Considerations Preview 13:48

When flipping a property you have many variables to conside

In this lecture,we'll review the detailed financial analysis model and how each assumption works.

Fix & Flip Example Part 1 of 2 Preview 07:18

In this lecture, we identify a specific fix and flip opportunity to evaluate

Fix & Flip Example Part 2 of 2 Preview 07:04

In this lecture, we go through the full analysis using the investment model included

UNLOCKED Formulas - Fix & Flip Model Preview 00:07

If you want to dive deep into the formulas, you can look at the unlocked file here (note, some worksheets are still locked but those are not relevant to the calculations).

Rental Income Property Case Study 5 lectures

Rental Income Property Overview Preview 00:52

Overview of the topics to be covered in this section on rental income property investment analysis

Rental Income Property Key Considerations Preview 09:30

When renting out a property you have many variables to consider.

In this lecture, we'll review the detailed financial analysis model and how each assumption works.

Rental Income Property Example Part 1 of 2 Preview 07:43

In this lecture, we identify a specific rental income property opportunity to evaluate

Rental Income Property Example Part 2 of 2 Preview 07:05

In this lecture, we go through the full analysis using the investment model included

UNLOCKED Formulas - Rental Income Model Preview 00:07

Congrats! 1 lectures

Congrats! Preview 00:47

Congrats on finishing this introductory course. Listen in for more advanced topics that are covered in my other course.

Appendix: Extra Topics 3 lectures

Lease to Own Rental Example Preview 12:01

Back of the Envelop Modeling Part 1 of 2 Preview 17:37

Follow along and see how I build the Back of the Envelope model from scratch. Part 1 of 2

Back of the Envelop Modeling Part 2 of 2 Preview 18:51

Follow along and see how I build the Back of the Envelope model from scratch. Part 2 of 2

BONUS 1 lectures

30 Year Rental Model Preview 00:16

This is a "BETA" Model--meaning I'm still having students test and try out. Building robust financial models like these aren't easy. Even though I've been doing them for a long time, I can still make errors. Use at your own risk/discretion. Only providing it here for students to try out while I work out any kinks and before I record new videos for it.