Udemy
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
Development
Web Development Data Science Mobile Development Programming Languages Game Development Database Design & Development Software Testing Software Engineering Development Tools No-Code Development
Business
Entrepreneurship Communications Management Sales Business Strategy Operations Project Management Business Law Business Analytics & Intelligence Human Resources Industry E-Commerce Media Real Estate Other Business
Finance & Accounting
Accounting & Bookkeeping Compliance Cryptocurrency & Blockchain Economics Finance Finance Cert & Exam Prep Financial Modeling & Analysis Investing & Trading Money Management Tools Taxes Other Finance & Accounting
IT & Software
IT Certification Network & Security Hardware Operating Systems Other IT & Software
Office Productivity
Microsoft Apple Google SAP Oracle Other Office Productivity
Personal Development
Personal Transformation Personal Productivity Leadership Career Development Parenting & Relationships Happiness Esoteric Practices Religion & Spirituality Personal Brand Building Creativity Influence Self Esteem & Confidence Stress Management Memory & Study Skills Motivation Other Personal Development
Design
Web Design Graphic Design & Illustration Design Tools User Experience Design Game Design Design Thinking 3D & Animation Fashion Design Architectural Design Interior Design Other Design
Marketing
Digital Marketing Search Engine Optimization Social Media Marketing Branding Marketing Fundamentals Marketing Analytics & Automation Public Relations Advertising Video & Mobile Marketing Content Marketing Growth Hacking Affiliate Marketing Product Marketing Other Marketing
Lifestyle
Arts & Crafts Beauty & Makeup Esoteric Practices Food & Beverage Gaming Home Improvement Pet Care & Training Travel Other Lifestyle
Photography & Video
Digital Photography Photography Portrait Photography Photography Tools Commercial Photography Video Design Other Photography & Video
Health & Fitness
Fitness General Health Sports Nutrition Yoga Mental Health Dieting Self Defense Safety & First Aid Dance Meditation Other Health & Fitness
Music
Instruments Music Production Music Fundamentals Vocal Music Techniques Music Software Other Music
Teaching & Academics
Engineering Humanities Math Science Online Education Social Science Language Teacher Training Test Prep Other Teaching & Academics
AWS Certification Microsoft Certification AWS Certified Solutions Architect - Associate AWS Certified Cloud Practitioner CompTIA A+ Cisco CCNA Amazon AWS CompTIA Security+ AWS Certified Developer - Associate
Graphic Design Photoshop Adobe Illustrator Drawing Digital Painting InDesign Character Design Canva Figure Drawing
Life Coach Training Neuro-Linguistic Programming Mindfulness Personal Development Personal Transformation Life Purpose Meditation Coaching Neuroscience
Web Development JavaScript React CSS Angular PHP WordPress Node.Js Python
Google Flutter Android Development iOS Development Swift React Native Dart Programming Language Mobile Development Kotlin SwiftUI
Digital Marketing Google Ads (Adwords) Social Media Marketing Google Ads (AdWords) Certification Marketing Strategy Internet Marketing YouTube Marketing Email Marketing Retargeting
SQL Microsoft Power BI Tableau Business Analysis Business Intelligence MySQL Data Analysis Data Modeling Big Data
Business Fundamentals Entrepreneurship Fundamentals Business Strategy Online Business Business Plan Startup Freelancing Blogging Home Business
Unity Game Development Fundamentals Unreal Engine C# 3D Game Development C++ Unreal Engine Blueprints 2D Game Development Blender
30-Day Money-Back Guarantee

This course includes:

  • 4.5 hours on-demand video
  • 6 articles
  • 18 downloadable resources
  • Full lifetime access
  • Access on mobile and TV
Business Real Estate Real Estate Investing

The Complete Guide To Analyzing Single Family Rental Houses

How To Use Professional Real Estate Investment Analysis To Find Profitable, Cash-Flowing Single Family Rental Properties
Rating: 4.7 out of 54.7 (316 ratings)
2,085 students
Created by Justin Kivel
Last updated 1/2021
English
English [Auto]
30-Day Money-Back Guarantee

What you'll learn

  • How to analyze returns for single family rental house purchases
  • How to compare rental houses to stocks, bonds, and other investment vehicles
  • How to turn an initial equity investment into multiple rental house purchases using the BRRRR method
  • The three key investment metrics you need to know to correctly analyze single family rental homes
  • How to quickly and easily find accurate, trustworthy historical data online (for free) to accurately project future cash flows and investment returns

Requirements

  • Students should have access to Microsoft Excel for PC or Mac, or Google Sheets

Description

Want to invest in a single family rental home, but not sure how to spot a good deal from a bad one?

If you've ever thought about buying a rental home to build up your investment income, supplement your day job earnings, or prepare for an early retirement, this course will teach you exactly how to analyze single family home investments using professional real estate investment analysis techniques used by the largest, most sophisticated real estate investment and private equity firms across the globe.

Single family home investing can either be a massive headache and time-suck, or smooth-sailing, easy "mailbox money" - and which direction your property takes is due in large part to the accuracy of your investment analysis up front.

For something you plan to own for five, ten, or fifteen+ years, you want to make sure you have your analysis dialed in. Otherwise, you could be stuck with a property that needs constant attention and more cash out of your pocket, just to keep a struggling property afloat.

After taking this course, you'll be able to analyze a single family rental home to find the best deals in whatever market you choose, and to feel confident in your investment assumptions before you close on the property.

Just some of the things you'll learn in this course include:

  • What to look out for when buying turnkey properties, and how to do your own analysis to make sure you're getting a good deal

  • How to use the BRRRR strategy to massively accelerate your cash flow and equity build-up over just a few short years

  • How investors use the "debt snowball" strategy in single family home investing (and how you can own properties free and clear sooner than you think)

  • How to choose a market that will bring you both cash flow AND appreciation over the long-term

  • How to use easily-accessible, reliable, and free data sources online to project market rent growth, value growth, and vacancy percentages in your analysis to confidently project future cash flows and investment returns

  • The MAJOR mistake many first time investors make when renovating a property (and how to avoid it)

  • How to calculate taxable income for your single family home deal, so you can project the exact amount of cash in your pocket every single month (even 30 years from now)

We'll also end the course with TWO real-life single family home acquisition case studies that we'll work through together, using the done-for-you single family home acquisition model that you'll be able to download with your enrollment in the course, so you can use the skill set you've built right away to value live deals.

Whether you're an existing real estate professional, or you've never invested in real estate before, this course will teach you everything you need to know to find and acquire your first (or next) single family rental house.

Join 15,000+ happy students who are learning real estate financial modeling and analysis from our courses.

Can't wait to see you in class!

Who this course is for:

  • Aspiring real estate investors that want to invest in cash flowing rental homes
  • High income earners who want to retire early through investing in rental homes
  • Working professionals who want to supplement their day job income through investing in rental properties

Course content

11 sections • 94 lectures • 4h 46m total length

  • Preview03:35
  • Preview02:36
  • Preview03:19
  • DOWNLOAD ME FIRST!
    00:11
  • Disclaimer
    01:18

  • SFR Investing Overview
    01:27
  • Why Are You Investing?
    04:11
  • The SFR Income Statement
    06:22
  • The Three Key SFR Return Metrics
    03:04
  • SFR Modeling Walk-Through
    02:21
  • Cap Rate, IRR, & Cash-on-Cash Excel Exercise
    06:00
  • The Three Main SFR Investment Strategies
    01:21
  • Turnkey Solutions (Done-For-You)
    03:06
  • The BRRRR Strategy (DIY)
    Preview06:49
  • The Debt Snowball Strategy
    07:10
  • Cash Flow Traps To Avoid
    02:23
  • Appreciation Traps to Avoid
    02:15

  • Finding Cash Flowing vs. Appreciating Markets (& How To Find Both)
    02:42
  • Cash Flow vs. Appreciation Modeling Excel Exercise
    05:41
  • Projecting Net Migration Patterns
    01:35
  • What Drives Net Migration
    01:56
  • US State Migration Data (& What It Can Tell You)
    03:13
  • Market Connections (& What To Look For)
    02:11

  • SFR Acquisition Analysis - Introduction
    02:18
  • Free Data Resources (& What To Use Each For)
    03:09
  • How To Set Market Rents
    04:43
  • Rent & Sale Comparable Analysis Excel Workbook
    00:08
  • Rent Comparable Analysis - Part 1
    03:36
  • Rent Comparable Analysis - Part 2
    06:29
  • Rent Comparable Analysis - Part 3
    02:32
  • Sale Comparable Analysis
    03:15
  • A Quick Note on Projecting Market Rent Growth
    00:37
  • How To Project Market Rent Growth (Using Free Data)
    05:31
  • How To Project Vacancy (Using Free Data)
    05:25
  • Projecting Operating Expenses
    02:24
  • Property Tax Calculator Excel File Download
    00:07
  • Property Tax Analysis
    04:46
  • How To Project Value Growth (Using Free Data)
    05:14
  • Projecting Capital Needs (& One HUGE Mistake To Avoid)
    02:30
  • The Effect of Debt on SFR Returns
    05:13
  • Calculating Taxable Income
    02:05
  • Taxable Operating Income Excel Exercise
    03:56
  • Rent vs. Buy Analysis - Part 1
    02:40
  • Rent vs. Buy Analysis - Part 2
    04:21
  • How To Run A Sensitivity Analysis - Excel Exercise
    04:11

  • The SFR Acquisition Process - Introduction
    01:05
  • 3 Contract Negotiation Best Practices
    02:48
  • How To Run Due Diligence In Escrow
    02:26
  • What Needs To Happen On (or By) Closing Day
    01:04

  • How To Choose a Property Manager
    03:18
  • How To Asset Manage Your Deal
    02:42
  • Exit Strategies - Outright Sale
    02:13
  • Reversion Tax Modeling Excel Exercise
    02:05
  • Refinancing (Pros & Cons)
    02:14
  • BRRRR Modeling - Detailed Excel Exercise
    04:45
  • The 1031 Exchange
    02:26
  • Hold-Sell-Refinance Analysis - Hold
    03:35
  • Hold-Sell-Refinance Analysis - Refinance
    04:38
  • Hold-Sell-Refinance Analysis - Sell
    03:51

  • Case Study & Acquisition Model Introduction
    00:51
  • Acquisition Model Walk-Through - Part 1
    04:25
  • Acquisition Model Walk-Through - Part 2
    03:11
  • Acquisition Model Walk-Through - Part 3
    02:27

  • Turnkey Case Study - Deal Identification
    02:37
  • Modeling Core Acquisition Data
    03:31
  • How To Determine Land Value vs. Building Value
    04:28
  • Modeling Acquisition & Refinance Terms
    03:08
  • Setting Operating Assumptions
    01:40
  • Rent Comparable Analysis
    03:55
  • In-Place Rent Analysis
    02:21
  • Modeling Property Tax Resets
    03:02
  • HOA Fees, Insurance, R&M & CapEx Reserves
    02:41
  • Modeling Value Growth
    04:19
  • Modeling Market Rent Growth
    04:05
  • Projecting Vacancy Rates
    03:22
  • Finalizing The Valuation
    03:01
  • Property Sale Comps
    03:53
  • Sale Comparable Analysis & Turnkey Case Study Valuation Finalization
    01:56

  • DIY Case Study Introduction
    02:05
  • Modeling Core Acquisition Data
    01:52
  • Rent Comparable Analysis - Part 1
    04:15
  • Rent Comparable Analysis - Part 2
    02:46
  • Setting The Renovation Budget & In-Place Rent
    02:18
  • Projecting Land vs. Building Value
    02:04
  • Calculating Property Taxes, HOA Fees, R&M, & Insurance
    02:10
  • Setting Financing & Hold Period Assumptions
    02:00
  • Projecting Market Value Growth
    02:36
  • Projecting Market Rent Growth
    02:22
  • Projecting Vacancy (& Valuation - Part 1)
    04:27
  • Sale Comparable Analysis - Part 1
    02:11
  • Sale Comparable Analysis - Part 2 (& Valuation Finalization)
    03:02

  • How To Use This Information
    03:02
  • What To Do From Here
    00:38

Instructor

Justin Kivel
Real Estate Investing & Financial Modeling
Justin Kivel
  • 4.7 Instructor Rating
  • 13,251 Reviews
  • 36,331 Students
  • 19 Courses

Master real estate financial modeling, advance your career, and earn more money.

If you’re an aspiring real estate investment professional looking to break into the real estate investment field, or a current real estate professional looking to advance your career and increase your compensation, you’re in the right place.

My name is Justin Kivel, and I’m a real estate investment professional with a love for teaching. Throughout my career, I’ve worked on over $1.5 billion of closed acquisitions across multifamily, retail, office, and mixed-use properties. I’ve had the opportunity to work with some of the brightest minds in real estate investing and have spent almost a decade in the industry across private equity, finance, and brokerage roles.

Unfortunately, most of what I know today I had to learn on the job. Although great courses exist on Microsoft Excel and financial modeling, I couldn’t find a resource that was specifically tailored toward real estate investment professionals that would actually walk me through exactly what I needed to know to succeed in the real estate investment industry.

These courses are that resource.

After dozens of phone calls and coffee meetings with college students and aspiring real estate investment professionals, I realized that most people were asking exactly what I was asking when I was in their shoes.

“What skills do I actually need to know to break into the real estate investment industry, or advance in my current real estate investment career?”

These courses were created to teach you those skills.

Our students have gone on to land jobs at some of the top real estate investment, development, and brokerage firms across the globe, including Brookfield Asset Management, Hines, Starwood Capital Group, LaSalle Investment Management, Eastdil Secured, JLL, CBRE, and many more.

Over 30,000 current and aspiring real estate investment professionals have used these courses to help them ace real estate financial modeling interview exams to land their dream jobs, secure consulting gigs with top private equity firms, build (and rebuild) entire financial models from scratch, and confidently analyze their own potential real estate investments.

So whatever that next step in your real estate investment career looks like, these courses are here to help you get there as quickly and efficiently as possible.

Looking forward to seeing you in class!

  • Udemy for Business
  • Teach on Udemy
  • Get the app
  • About us
  • Contact us
  • Careers
  • Blog
  • Help and Support
  • Affiliate
  • Terms
  • Privacy policy
  • Cookie settings
  • Sitemap
  • Featured courses
Udemy
© 2021 Udemy, Inc.