How to Purchase Your First Rental Property
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How to Purchase Your First Rental Property

Learn how to buy your first rental property
0.0 (0 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.
211 students enrolled
Created by Rachyl Kafonek
Last updated 8/2016
English
Current price: $10 Original price: $35 Discount: 71% off
5 hours left at this price!
30-Day Money-Back Guarantee
Includes:
  • 1 hour on-demand video
  • 2 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • At the end of my course, students will be able to...
  • Choose an area to purchase a property
  • Determine possible rent
  • Check the numbers & figures
  • Identify financing options
View Curriculum
Requirements
  • You should be familiar with the home buying process
  • You should have the financial means to purchase a property
Description

Do you want to earn passive income? Are you interested in purchasing a rental property? Not sure where to start? Then this class is for you.

During this class, we cover all of the major aspects of purchasing a rental property, including determining areas, estimating rent, checking the numbers for ROI and more, and the basics of where you can find financing.

If you are new to real estate and wish to purchase an investment property to start earning passive income, this course is for you.

A rental property has 4 benefits: cash flow, loan pay down, house appreciation, and tax savings. Cash in on these benefits!

This class is for beginners, but it is suggested that you have an idea of how purchasing a house works. You also will need the money to invest. This amount depends on which property you purchase and what financing your secure. Note that you will not learn how to do zero down investing in this course, as that is not a secure investing situation.

Who is the target audience?
  • This course is for new real estate investors who want to purchase their first rental property
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Curriculum For This Course
12 Lectures
01:07:16
+
Introduction & Course Overview
2 Lectures 06:32
+
Choosing an area to buy
1 Lecture 05:46

Test your knowledge about the different areas of the city to buy rental properties in.

A, B, and C Areas
4 questions
+
Estimating possible rent
4 Lectures 14:54
Zillow
04:14

Craigslist
03:23

MLS
02:13

Newspapers/Ads
05:04
+
Checking the numbers & returns
2 Lectures 23:06
Checking the numbers
09:22

Rental Property - Determining Numbers
13:44

This quiz will test your knowledge on some of the basics of rental property numbers.

Knowing your numbers
4 questions
+
Financing options
1 Lecture 07:47
What are your financing options?
07:47
+
BONUS! List of professionals
1 Lecture 06:02
List of needed professionals
06:02
+
Conclusion of course
1 Lecture 03:09
Conclusion of the course
03:09
About the Instructor
Rachyl Kafonek
4.5 Average rating
16 Reviews
586 Students
3 Courses

Rachyl is the author of Creating Your Financial Freedom, a blog that has a focus on Finances & Budgeting. She helps individuals learn about their money is an easy to read and follow format.

Rachyl holds a Masters of Business Administration degree, with 6+ years of industry experience in Finance, Accounting and Banking.

Rachyl has been teaching courses on multiple platforms since obtaining her MBA. She enjoys sharing her knowledge and helping others learn life skills to advance their careers and change their lives.