Buy Right, How To Acquire Well Priced Multifamily Properties

Name: Buy Right, How To Acquire Well Priced Multifamily Properties
Rating: 4.6 (91 reviews)

This course will teach you how to acquire property for a price that yields your specific investment objectives?

Created byWheelbarrow Profits

Last updated 12/2015

English

What you'll learn

Select your market, one of the first steps when beginning your successful career. You will know what makes a particular market more attractive to invest in than another.
Build a world class team who will support the success of your real estate business. You will know how to assemble an A+ team.
Speak the language, it's what separates the pros from the neophytes. Once you sound like a pro, you will be treated like a pro.
Discover profitable Mom and Pop apartments and the wealth building opportunities they offer.
Know exactly who and what to look for, with value plays that you will seek in an investment and recognize the right types of sellers to buy from.
Know exactly what to stay away from. You will be very clear on what problems to avoid when analyzing a deal.
Understand the acquisition phase and know the steps that it will take to do you first deal.
Structure your real estate company correctly, knowing the correct documents needed to run your company.
Create a win-win solution so you can land that deal through professional negotiating skills.
Understand the closing process with greater insight and knowledge about what to avoid.

Course content

2 sections • 17 lectures • 2h 39m total length

Welcome, here's where we begin!0:32
Home Study Guide1:07:00
The Home Study Course book is the companion resource for the three legs of the Jake & Gino framework that includes,

Buy Right

Manage Right

Finance Right

Be sure to print this book out and use it throughout this course and the other two.
Cheat Sheet, list of common words and definitions you will find in this course3:00
Print this sheet out to reference through the course when there is a new word or possibly a terminology you've never heard of. This sheet should accompany your Home Study Guide Book.

Selecting a market, how you will find the right one and success in sub-markets.9:10
A crucial step in the buy right process. You will learn the fundamentals of a market that make it desirable to invest in. You will be introduced to terms such as job growth, number of households and household income. As well, you will learn how to identify an emerging market and the paths of progress in a particular market.
Building your team, the priorities needed to get the right people on your team19:12
Building your Team is a vital step for the success of any entrepreneur, especially someone who is establishing a real estate business. Who should you assemble on your team and how do you locate these team members? Don’t worry, we will dive into these topics to help you put together a top notch team to help grow and manage your business.
Speaking the language 1 increase your chance of success with other professionals14:06
Speaking the language increases your chances of success when interacting with brokers and real estate professionals. Real estate has its own vocabulary, and you will learn definitions of words that you will encounter. You will end up sounding like a pro, and the deals will start flowing your way.
Speaking the language 2 increase your chance of success with other professionals11:03
Speaking the language increases your chances of success when interacting with brokers and real estate professionals. Real estate has its own vocabulary, and you will learn definitions of words that you will encounter. You will end up sounding like a pro, and the deals will start flowing your way.
Speaking the language 3 increase your chance of success with other professionals14:19
Speaking the language increases your chances of success when interacting with brokers and real estate professionals. Real estate has its own vocabulary, and you will learn definitions of words that you will encounter. You will end up sounding like a pro, and the deals will start flowing your way.
'Mom & Pop' apartments, wealth building properties and how to discover them.6:39
Mom and Pop apartment is a term that we coined to describe the type of property that we target. What is a mom and pop? A property that contains deferred maintenance, burned out landlords, motivated sellers, no business systems in place, a property that is being run inefficiently. We are going to teach why you want to target mom and pops and how these properties will bring you wealth.
Who and what to look for, how to find the right property and motivated seller14:28
Who and what to look for? Mom and Pops are in every market, and once you learn the characteristics of one, they will stick out like a sore thumb. We will define a motivated seller, and how to seek them out. You will also learn what to look for in terms of tenants, rental rates, and the overall condition of the property.
What to stay away from, saving you a ton of money, time and headaches.11:08
Not all Mom and Pops are created equal. Learn what problems you should stay away from when considering purchasing a Mom and Pop. This video will save you a ton of money and heartache.
Acquisition steps, your checklist for for buying a deal.11:39
Acquiring a property can be a daunting task for beginning investors. We have created a checklist for you to follow when buying a deal. We call it our recipe, and once you learn the recipe, follow it to success.
Legal Documents and Entity Formation, set up correctly from the beginning.14:42
Legal Documents and Entity Formation is a confusing topic for most beginners. Start out you investing career on the right foot and choose the correct entity for your personal needs. Don’t skip this lesson.
Keys to Negotiation, creating win-win situations and apply the right tactics.5:38
Everything in life is negotiable, and real estate is no exception. You will learn how to create win-win situations so both parties will be pleased and future deals may be in your future. As well, you will learn what makes a person successful in negotiation, and how to apply these rules to your negotiation
Negotiating techniques, the trade-off and the nibble technique and how they work7:33
We dive deeper in this video with negotiation techniques that create those win-win solutions. Learn what a tradeoff or a nibble technique is and watch as Jake and Gino role play these techniques. Once you learn all of these techniques, you won’t fall for them.
Due Diligence, learn how to properly use this role in your investing career.13:49
Due Diligence, the two most important words in any investor’s lexicon, is detailed thoroughly in this video. Your career can be over before it even starts if you don’t perform your due diligence. Jake and Gino take you through a checklist and tell you how to begin implementing your team members. An extremely important lesson.
Closing / Take Over and creating a smooth transition into your new property.5:12
You’ve finally come to the end of the buying process. It’s a month before closing, and what needs to get done. Jake and Gino have detailed the closing process as well as the first month of operations. It can be a turbulent time for investors, as tenants receive the shock of a new owner and the investor has a new property under his belt. It is an exciting and sometimes precarious time for owners. You will learn how to achieve a smooth transition.
Buy Right Course Test

Requirements

We highly recommend that students download all support material provided in the course, print them out and use them as a guide to the video lessons.

Description

Best selling authors, Jake Stenziano and Gino Barbaro teach the first leg of their Wheelbarrow Profits Framework: “Buy Right, Manage Right, Finance Right.” In the framework, investors will be instructed on how to purchase the asset correctly, based on using actual numbers. We teach investors that Buying Right is where you make your money in real estate. You will learn how to,

Select an emerging market
Build a superstar team
Speak the real estate lingo so you sound like a pro
Find deals that you can create value
Negotiate like a pro
Discover what a “mom and pop” property is and how they will make you rich
Perform due diligence thoroughly
Takeover the property once it comes time for the closing

We will show you why “Buy Right” is crucial to a successful real estate investment. Let Jake and Gino, who have exploded their portfolio to over 500 units in only three years by utilizing their proven system, be your personal guide on your path to financial independence through multifamily real estate investing.

This course created by Jake Stenziano and Gino Barbaro, #1 Amazon Best-Selling Authors of “WheelBarrow Profits: How To Create Passive Income, Build Wealth, And Take Control Of Your Destiny Through Multifamily Real Estate Investing.” and founders of Jake & Gino, LLC.

Who this course is for:

Real estate investors or professionals who want to learn the entire buying process with multifamily properties, from finding a deal to takeover of the property.
Ideal for a beginning investor who has no knowledge of buying multifamily real estate.
Seasoned investors who are looking to expand their investments into multifamily properties.

Buy Right, How To Acquire Well Priced Multifamily Properties

What you'll learn

Explore related topics

Course content

Resources and Downloads for Buy Right3 lectures • 1hr 11min

Buy Right Lessons14 lectures • 2hr 39min

Requirements

Description

Who this course is for: