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30-Day Money-Back Guarantee

This course includes:

  • 6.5 hours on-demand video
  • 4 articles
  • 23 downloadable resources
  • Full lifetime access
  • Access on mobile and TV
  • Assignments
Business Real Estate Real Estate Investing

Pre-Investing: Essential Real Estate Investing Concepts

What Future Real Estate Investors MUST Know Before Making Their 1st Investment
Rating: 4.5 out of 54.5 (968 ratings)
16,582 students
Created by Symon He
Last updated 6/2020
English
English [Auto], Spanish [Auto]
30-Day Money-Back Guarantee

What you'll learn

  • Gain a broad foundational knowledge base for real estate investing
  • Understand the different phases of the real estate market cycle
  • Understand how to determine the right investment strategy for your goals
  • Understand the many ways to invest in real estate
  • Be able to use the Cost Method to value a property
  • Be able to use the Comparable Sales Method to value a property
  • Be able to use the Income Method to value a property
  • Understand how leverage affects investments
  • Predict the likely timing of the next real estate market peak and crash

Requirements

  • Microsoft Excel 2013+

Description

Theodore Papadopoulos - 5 Stars

“This course is an excellent primer on real estate investing. I would highly recommend this course to anyone interested in learning some real world core concepts. Symon starts off basic and builds on concepts learned in previous lectures. In summation, this course will teach you some basic mechanics in how to evaluate a real estate deal.”


Susan Corry - 5 Stars

Symon did a great job of explaining the fundamentals of real estate investing. It was the perfect introduction for me and gave me the confidence to continue with more complex course subjects!

 

Jacob Nelson - 5 Stars

Great course! Symon is obviously 1) very knowledgeable on real estate investing 2) skilled at training others. The combination makes for a great course. Thanks for creating this!!! Can't wait to check out his other stuff

 

Do you have absolutely ZERO knowledge or experience in real estate investing but want to get started? 

 

Do you have the drive and ambition but you're just not sure where to start?  

 

Do you feel overwhelmed with the seemingly endless choices and options available to new investors?

 

Should you start with fix & flips, rentals, wholesaling, lease options, or something else entirely?  

 

What is the smartest way for a new investor to start? 

 

In other words, what should you know before making your first investment?

 

If you want to learn the most important real estate invest concepts and develop a solid foundation as a first step towards your real estate investing education, this is your course.

 

If you’re still unsure, here are some of the questions I get asked many by prospective students:

 

_______________________________________

 

I don't live in the US, is this course still relevant to me?

 

Yes! While the examples I use are USA properties (because the vast majority of my students are from the USA) 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 learning and using the tools provided in the course to help them invest wherever they are located.

 

How is this different from your other courses?

My other real estate courses here are all focused primarily on investment analysis--one focusing on analyzing fix & flips and rental income properties, another that focuses only on multifamily, and a third, more comprehensive, course that covers residential as well as a host of other commercial real estate scenarios. The other courses all go deeper on the analysis side but do not touch on many of the topics I cover here.

You can think of those courses as getting down to the ground level in terms of detail and this course is at the 30,000 ft. level, just getting the overall scope of things without getting you bogged down in numbers and details.  

 

What if I already have some real estate background?

This course is NOT for you.  This is meant for beginners and those who little to no existing knowledge.  Although, I will say that some students with experience found this to be a nice refresher, especially the section on real estate cycles.  If you are an experienced investor, you may find some valuable insights in here, just please be aware that this course is designed for brand-new investors.

 

Why is there so much math and numbers?

Math is a necessary evil to understanding real estate investing.  If you can't do the math, it'll be difficult for you to really get a firm grasp on the concepts.  If/when you're confused, just leave a message in the forums--I usually respond within 48 hours.  For what it’s worth, there is WAY more math in my other, more advanced courses.  I've put the bare minimum here.  Every serious investor needs to be able to do these investment calculations. If your math is rusty, now is the time to get a handle on it.

 

Why do you use Excel so much?

Good question.  Analyzing real estate investments involves looking at the numbers and it's easiest to do that with spreadsheets, which is why I use Excel extensively.  The good news is you don't have to build any of the models yourself. I’ve done all the hard work for you.  You just need to be able to follow along and use the models I’ve created for you.  

 

Can you make me rich by taking your course?

 

No way! Not just from taking the course, at least. 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 creating some major profits.

 

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

 

What else does this course cover besides real estate investing?

 

This course is ALL about and ONLY the foundational real estate investing concepts. 

 

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 residential and commercial real estate opportunities.

            •           Able to structure investments with business partners in a smart and equitable way via the waterfall framework

            •           Know how to identify and mitigate investment risks.

 

Sunil Ramsumair - 5 Stars

“Very informative, great instructor and course material, I am very happy with the content of the course.”

  

Ethan Wong - 5 Stars

“Yet another successful course from Symon. Even though I have some experience as an investor, I found this class to be quite valuable. Although I was already quite familiar & comfortable with the course material and topics, the experiences gained from completing the exercises showed me where I have a couple weaknesses in my network. That alone made the class worth my investment…”

 

What WON'T I get from this course?

            •           You won’t get any kind of 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 I teach in this course has nothing to with getting a license, which focuses on how to legally facilitate transactions in real estate between buyers and sellers. This course is about the investor's prospective.

            •           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 with you privately, you can reach out to me. My hourly rate is $350/hr.

            •           This course does not cover any of the wide range of OTHER real estate topics, which deserve their own courses, including but not limited to: contract negotiations, real estate legalities, real estate marketing, REITs, etc...  I try to cover the most important concepts as they relate to evaluating investment opportunities.  

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 right away!

 

-Symon

Who this course is for:

  • Anyone who wants to learn core real estate investing concepts
  • Anyone who wants to understand the real estate cycles & market phases
  • Anyone who wants to understand the best options for 1st time investors
  • Anyone who wants to understand the different ways to invest in real estate
  • Anyone who wants to understand the pros & cons of different types of investment strategies
  • Anyone who wants to understand how to evaluate markets

Featured review

Rene Hidalgo Gatty
Rene Hidalgo Gatty
81 courses
15 reviews
Rating: 5.0 out of 511 months ago
Symon was great breaking down the concepts, straight to the point with the formulas - going through them cell by cell. He gets back to you pretty quickly on the chat. He gives you very detailed answers on the chat as well - I felt like the chats could be additional reading materials. The videos are good, clear sounds and great quality overall.

Course content

12 sections • 56 lectures • 6h 21m total length

  • Preview01:27
  • A few reminders before we begin
    01:05

  • Why invest in real estate?
    06:37
  • Meet Joe
    02:47
  • Which market will Joe choose to invest in?
    17:17
  • Preview13:34
  • Zillow Alternatives
    00:52
  • How much financing will Joe choose?
    06:25
  • A look at Joe's financial model for his investment.
    06:24
  • Check out my latest articles
    00:54

  • There is more than one way to invest in real estate!
    01:11
  • Real estate asset types 101
    11:31
  • Investment strategies 101
    04:19
  • Popular investment strategies for first time investors
    19:45
  • Quiz #1
    4 questions

  • Intro to Real Estate Cycles
    03:50
  • Recovery Phase
    08:19
  • Expansion Phase
    04:26
  • Hypersupply Phase
    04:34
  • Recession Phase
    05:57
  • The Next Bust?
    07:18

  • To buy profitably, you must value accurately
    02:26
  • Cost approach to valuation
    04:13
  • Preview08:21
  • Income approach to valuation
    06:12
  • Do your own valuation!
    1 question

  • Where do you get the data?
    05:32
  • Regional analysis
    18:02
  • Neighborhood analysis
    09:33
  • Scoping out the competition
    14:40
  • Quiz #2
    3 questions

  • What are measures of returns?
    01:48
  • Discounting cash flow and the NPV
    05:37
  • Discount rate
    02:42
  • NPV Exercise
    07:34
  • Measuring efficiency - internal rate of return
    02:33
  • Internal rate of return exercise
    04:24
  • Measuring magnitude - cash multiple
    01:58
  • How to use the measures
    06:03
  • NPV and IRR exercise
    04:50
  • Holding on to a rental indefinitely - terminal value
    05:09
  • Investment yields and capitalization rates
    08:38
  • Section summary
    07:49

  • What is leveraging?
    00:54
  • Interest only vs amortized loans
    04:34
  • The amortization calculator
    04:11
  • How leverage affects investment returns
    05:07
  • Impact of Debt Summary
    04:41

  • Case Study Overview
    00:50
  • Market Research Part 1
    16:32
  • Market Research Part 2
    07:08
  • Back of envelope analysis
    07:59
  • Updated BOE Model (Up to 50 Years)
    02:17
  • Run your first rental income investment analysis
    1 question

  • Congrats! What's next?
    02:16

Instructor

Symon He
Author | Investor | Entrepreneur | Stanford MBA
Symon He
  • 4.5 Instructor Rating
  • 24,246 Reviews
  • 224,587 Students
  • 11 Courses

Symon He is the co-author of Airbnb for Dummies and the Real Estate Investing QuickStart Guide, both available now on Amazon and in bookstores throughout North America.

He is also co-founder of LearnBNB, a leading online educational destination for all things Airbnb hosting and short-term rentals. His works have been cited or featured on the Wall Street Journal, Reuters, Forbes, CNBC, Entrepreneur, and SKIFT. Through his training and coaching programs, he has worked directly with thousands of aspiring Airbnb hosts to jumpstart their short term rental journeys. His training programs have been featured by prominent third-party partners, including a joint venture with RichDad.

As a licensed broker, Symon previously helped private real estate investors with their acquisitions and deal structuring. As an angel investor, he also advises and invests in early stage startups.

Previously, Symon worked in several corporate real estate and finance roles at large private and Fortune 80 companies, including at a private equity investment firm covering a wide range of commercial real estate acquisitions in the western USA.

Symon received dual degrees in Computer Engineering and Economics with Honors from UC Irvine and an MBA from Stanford University.

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