The Complete Guide To Analyzing Single Family Rental Houses
4.7 (231 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
1,477 students enrolled

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
4.7 (231 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
1,477 students enrolled
Created by Justin Kivel
Last updated 8/2020
English
English [Auto]
Current price: $139.99 Original price: $199.99 Discount: 30% off
5 hours left at this price!
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
  • Certificate of Completion
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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
Expand all 94 lectures 04:46:02
+ SFR Investment Strategies
12 lectures 46:29
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 Debt Snowball Strategy
07:10
Cash Flow Traps To Avoid
02:23
Appreciation Traps to Avoid
02:15
+ How To Choose a Market
6 lectures 17:18
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
22 lectures 01:15:11
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
4 lectures 07:23
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
+ SFR Asset Management & Exit Strategies
10 lectures 31:47
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
+ The SFR Acquisition Model & Case Study Introduction
4 lectures 10:54
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
+ Case Study #1 - Turnkey Atlanta Acquisition
15 lectures 47:59
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
+ Case Study #2 - Charlotte Acquisition-Rehab
13 lectures 34:08
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
+ Wrapping Up
2 lectures 03:40
How To Use This Information
03:02
What To Do From Here
00:38