Real Estate Investing: Learn to Fix & Flip , Step by Step!
4.5 (101 ratings)
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Real Estate Investing: Learn to Fix & Flip , Step by Step!

Learn how to fix and flip your first real estate investing deal, with no experience required
4.5 (101 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
1,772 students enrolled
Created by Khari Parker
Last updated 1/2017
English
Current price: $10 Original price: $200 Discount: 95% off
1 day left at this price!
30-Day Money-Back Guarantee
Includes:
  • 1.5 hours on-demand video
  • 41 Articles
  • 1 Supplemental Resource
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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What Will I Learn?
Find Profitable Real Estate Deals by leveraging the help of "Investor-Friendly" Real Estate Agents and Real Estate Wholesalers
Learn how to successfully "Pitch" a real estate deal to Hard Money Lenders so they will want to lend you money.
Calculate COMPS, ARV, Expected Profit & Expenses so that you will be able to analyze potential deals and get Hard Money financing
Work with General Contractors who will rehab the property for you.
Work with an "Investor Friendly" Real Estate Agent to get your rehabbed property sold, quickly!
View Curriculum
Requirements
  • Good Attitude
  • Open Mind
  • Willing to take action
Description

***Over 1700 Students Currently Enrolled!***

***Rated one of the Top 3 Real Estate Courses on Udemy***

*** Includes the Time Saving *Quick Property Estimator* tool in Lecture 24 ***

LATEST: Course Updated Again on Feb 08, 2017

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Do you enjoy riding around looking at old houses? Have you always wanted to fix and flip a house but you were not sure where to start? Could you use some extra income in your life? Do you want to make money in Real Estate?

If you answered yes to any of these questions, then this course is for you!

This course will teach you what you need to know to Fix and Flip a real estate deal in your city. The course teaches you how to use a team of real estate professionals to Find & Finance, Fix and Sell an investment property for you.

Learn to Fix and Flip Real Estate In Your Free Time

  • Find the low cost houses that aren't always available through your real estate agent
  • Learn what to say to get hard money lenders to lend you money
  • Build a relationship with a general contractor who will oversee all of the repairs on your investment property
  • Sell your investment property to realize significant profit

Leverage The Efforts Of Others To Make Profit In Real Estate

We all know that the quickest way to see success in business is to:

1.) Put together a team of people who know more than you, and…

2.) Add value by helping others to meet their goals

The methods that you will learn in this course will show you how to find the real estate agents, wholesalers, hard money lenders and general contractors, who will practically do your real estate deal for you. The best thing is that they will make money and you will make money, so it is a win-win/mutually beneficial business relationship.

What makes this course unique from the many real estate courses on the market is that it is designed for individuals who want to maintain their day job and who have little knowledge about real estate. The lessons will teach you the practical knowledge and the "in the field videos" will show you how we apply these principles in real life, to make money. It is a great course that will allow you to learn more about real estate while you begin to gain experience and generate a profit.

This course has been designed in a way that will allow you to “fix and flip" a house, without having to do any repairs yourself! Not only that, but I've designed this course in a way that will have real estate professionals bringing you deals, so there is no need for you to waste your valuable time searching for that great real estate deal. Best of all, I provide you specific information on what to say to real estate professionals such as the agents, wholesalers, hard money lenders and general contractors, so that they want to do business, with YOU.

This course covers all of the things that I wish I had known when I first began investing in real estate. I have placed an extra emphasis on teaching this course as if we were sitting in the same room, chatting about real estate investing. In addition I have added Closed Captions (optional), to the videos, for your convenience.

In this course, I will take you on live "days in the field" where you get to see properties that we are considering purchasing, as well as properties that we have fixed and flipped in the past.

I will be updating this course often with new information and videos. Besides the extensive knowledge and resources that I provide you in this course, the biggest benefit, in my opinion, is the fact that you have access to ask me and your classmates questions, at any time in this course.

Whether you want to complete a deal, learn more about real estate or just network with like minded individuals, this course is for you! Enroll in this course now to get started. With Udemy's money back guarantee, you have nothing to lose and everything to gain! Looking forward to the opportunity to interact with you and to help you learn how to make money fixing and flipping real estate!

Who is the target audience?
  • This course is designed for anyone who has a desire to learn about real estate investing. This course is unique because it is designed for someone who wants to make extra money, fixing and flipping houses, while still maintaining their day job.
  • You should take this course if you want to network with other students who are passionate about doing real estate deals.
  • This course is ideal for individuals who have little to no knowledge of finding, financing, fixing or selling houses, because this course teaches how to work with other professionals who are experts and will find, finance, fix and sell your house for you.
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Curriculum For This Course
Expand All 60 Lectures Collapse All 60 Lectures 02:23:34
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Introduction
5 Lectures 14:00

Mindset for Success in Real Estate Investing
02:38

In this lecture I will walk you through before and after pictures of a property that we have fixed and flipped.

Preview 04:50

Quick Start Guide : Acronyms and Definitions
02:58

I'm here for you!
00:14

Intro Quiz

Section 1 : Intro Quiz
2 questions
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Finding & Financing Your Property
19 Lectures 55:13

In this video I discuss the topics that you will learn in this section. This includes topics such as getting pre-qualified for the loan, learning about the sources that you will use to find your property, the criteria that you will need to use when you are deciding if a deal if good or not, what kind of offer you should make on a property and finally we will play the "Deal or No Deal" game, where you will learn how to analyze a real life property!

When you are done this section you will have the knowledge that you need to find and get your property financed.

Finding & Financing Your Property (Section Overview)
01:30

In this lecture, you will learn why we use hard money lenders to finance our properties. You will also learn how to find and evaluate a hard money lender. Then you will learn how getting a pre-approval letter and proof of funds statement from your hard money lender will help wholesalers, real estate agents and sellers to take you seriously.

Selecting your Hard Money Lender & Getting Pre-Approved for the Hard Money Loan
05:20



In this course I will go into detail about how you will "find" your properties. The key is that you will use a real estate agent and/or a wholesaler to actually locate the property. You will then use a preset criteria to evaluate any property that is brought to you by the agent or wholesaler. This will save you the time of having to drive around and search for countless houses. Deals will be brought to you.

Sources of Property (Real Estate Agent or Wholesaler)
07:25

What to say to prospective real estate agents or wholesalers
01:08

Other Great Sources To Find a Real Estate Agent
00:17

Finding a Local REIA
00:18

Other Great Sources To Find Low Cost Deals
01:20

Other Great Sources To Find Real Estate Wholesale Deals
00:14

Investor Etiquette
00:39

In this lecture, you will learn about the critical criteria that you need to follow when evaluating property that your real estate agent or wholesaler brings to you. We will talk about the 3 C's approach, which includes evaluating the condition, the cost and the COMPs. By the end of this lecture you will have a good understanding of what it takes to evaluate a property.

The following written lectures will give you more specifics on how to calculate comps, estimate rehab costs, various expenses, and how to calculate expected profit.

Criteria for Evaluating a Property
05:02

Running Your Own Comps & Other Great Sources To Find "COMPS"
02:09

Estimating Rehab Costs
02:52

Estimating Expenses and Calculating Expected Profit
02:12

Partnering to Get Deals Done
00:52

In this lecture, you will learn how to make a good offer on a property. The basics are that you only submit offers when you have a great deal that will allow you to make your expected profit.

Making An Offer
02:17

So now it's time to take everything that you have learned so far and apply it to a real life deal! In this video we walk through a house and explain how we would rehab it. At the end of the video we run the "numbers" (COMPS, ARV, Expected Profit, Holding Costs etc.) to determine if this is "Deal or No Deal"!

Preview 16:39

Use the Quick Property Estimator to quickly estimate monthly holding costs, buying costs, sales costs and your expected profit.

Quick Property Estimator
00:06

Section 2 : Finding & Financing Your Property Quiz
2 questions
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Fixing Your Property
12 Lectures 37:32

In this section you will learn how to "fix" your property. The good thing is that you will not have to actually "fix" anything. The idea is that you will manage your general contractor, who will be managing the team of subcontractors, who will be using their expertise to build your vision of a rehabbed home. To manage the contractor you will need to review the scope of work, project plan, payment schedule and contract. All of which will be provided to you by the general contractor. Ultimately, I will show you how to do the final walk through with your general contractor and then I will show you several deals that we have completed and are currently working on. This section will continue to grow and I will continue to add "live in the field videos" showing properties the progress of properties that we are currently working on.

Fixing Your Property (Section Overview)
01:14

In this lecture you will learn how to find a general contractor. You will also learn the benefits of using a general contractor that comes recommended by a trusted individual vs. the risks that you take when selecting a general contractor from an online site.

Selecting a General Contractor (GC) - Sources
02:51

In this lecture you will learn more about selecting your general contractor. This will involve you going through the house and putting together your own list of needed repairs. You will then meet up with each general contractor(GC) at the house and provide them your list of needed repairs. I will then teach you how to assess the GC based of your interactions with them at the house.

Selecting a General Contractor (GC) - Property Walk Through
07:25

In this lecture you will learn how to review the scope of work, project plan and payment schedule with the general contractor (GC). To save you time and effort, remember to request that the GC provides these documents to you and then you can review them to make sure that they meet the particular needs of your project.

Reviewing the Scope of Work, Project Plan & Payment Schedule
02:29

Additional Info on Project Plans (Order of Repairs)
02:22

In this lecture you will learn how to review the contract that the GC provides you. You will learn the most important elements that should be in the contract and why it is important that they are in the contract.

Reviewing the Contract
06:20

Additional Info on Reviewing the Contract
00:41

In this lecture you will learn the importance of staying involved with your project and how to maintain open communication with your general contractor

Working with your GC - Involvement & Communication
02:04

In this lecture you will learn more about lender inspections and payment draws by the lender.

Working with your GC - Lender Inspection & Payment Draws
02:00

In this lecture you will learn the importance of making a punch out list and taking a final walk through with the general contractor.

Finalizing the Project
01:46

In this video I show you a house that we recently completed. I walk you through before and after pictures as well as a live walk through, when renovation was taking place.

Site Visit of a Rehab Property #1
05:24

Before, During & After Pics of a Rehab Property #2
02:56

Section 3: Fixing Your Property Quiz

Section 3 : Fixing Your Property Quiz
2 questions
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Selling Your Property
5 Lectures 08:01

In this lecture you will learn how to get your property sold. You will learn the importance of offering buyer incentives and buyer agent bonuses. You will then learn the importance of staging your home to attract buyers. Finally you will learn how lowering your price may make sense if you have high holding costs and are looking to sell quickly, so you can move on to a new deal.

Using your Real Estate Agent to Get Your Property Sold Quickly
03:26

Staging Your Home
01:24

Securing Your Home
01:07

Thank You! … More Lectures Coming Soon!
00:47

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*Bonus Section* - Current Property #1
5 Lectures 08:07
Before Pictures
00:50


Phase 2 : Plumbing, Electrical, HVAC & Drywall
02:14

Phase 2.5 : More Drywall, Bulkheads, Doors & Primer
01:44

Phase 3 : Final Pics
01:49
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*Bonus Section* - Current Property #2
1 Lecture 01:44
Before Pictures
01:44
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*Bonus Section* - Current Property #3
5 Lectures 07:34
Phase 1 : Before Pics
01:27

Phase 2 : Demo Pics
00:59

Phase 3 : Drywall, Framing & Bathrooms
00:47

Phase 3.5 : More Drywall, More Bathrooms, Flooring & Kitchen
02:29

Phase 4 : Final Pics
01:50
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*Bonus Section* - Completed Property #4
4 Lectures 05:22
Phase 1 : Before Pics
01:56

Phase 2 : Demo Pics
00:45

Phase 3 : Drywall & Framing, Kitchen & Bathrooms
01:18

Phase 4 : Final Pics
01:22
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*Bonus Section* - Completed Property #5
4 Lectures 08:10
Phase 1 : Before Pics
01:57

Phase 2 : Demo Pics
00:40

Phase 3 : Drywall & Framing, Kitchen & Bathrooms
02:38

Phase 4 : Final Pics
02:54
About the Instructor
Khari Parker
4.4 Average rating
148 Reviews
4,599 Students
4 Courses
Real Estate Mentor, Investor & Best Selling Author

My passion is teaching people about financial literacy and making money.

Whether it's online or in-person, I get joy and satisfaction from helping others to learn more about managing their personal finances. I authored the Amazon best selling book titled “The Lost Curriculum: What School Didn't Teach Us About Personal Finance".

In this book I teach how to generate an income, budget, save, invest, pay down debt and to retire comfortably. My ultimate goal is to teach students across the world, the financial principles that I wrote about in my book. Udemy has provided the perfect platform for me to achieve this goal.

My background

I come from a technical/engineering background (BS/MS in Engineering/IT), so you will notice in my courses that I tend to do a lot of heavy analysis. Additionally, I have an MBA, so I will also place a heavy emphasis on methods that you can use to generate and create profit in your day-to-day life or in your business.

My experience

For over the past decade, as an owner of a successful real estate company, I have had the opportunity to fix and flip real estate deals, while also working a 9-5. The knowledge that I give in my courses come from first hand experience and I teach methods based off of what has allowed me to make money in real estate. In addition to real estate, I teach personal finance and stock education. My writing has appeared in financial blogs, print magazines and widely known financial news sources such as Yahoo! Finance & MSN Money.

Overall, I am very happy to be an instructor on Udemy and I absolutely love the opportunity to teach others about a number of financial topics. If you are interested in learning more about how understanding personal finance & real estate can make you extra money, check out my courses and enroll today!