Purchasing and Managing Rental Homes
4.4 (19 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.
838 students enrolled
Wishlisted Wishlist

Please confirm that you want to add Purchasing and Managing Rental Homes to your Wishlist.

Add to Wishlist

Purchasing and Managing Rental Homes

An Introduction to Being a Landlord
4.4 (19 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.
838 students enrolled
Created by Clark Waggoner
Last updated 12/2016
English
Current price: $10 Original price: $20 Discount: 50% off
5 hours left at this price!
30-Day Money-Back Guarantee
Includes:
  • 33 mins on-demand video
  • 1 Article
  • 2 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • Enhance their decision making in being a landlord.
  • Understand more about purchasing rental property.
  • Have more knowledge of how to maintain a rent house.
  • Be able to set goals as an investor.
View Curriculum
Requirements
  • Be interested in owning and managing rental property or all ready have rental property.
Description

If you are interested in getting into the Rental Business, I would like to let my 43+ years experience  as a Landlord to help you learn how to begin.

Have you ever thought about owning a rent house and enjoying extra income or saving for retirement, but had no idea where to begin? Did you ever ask your self, "how profitable an investment would a rent house actually be?" Maybe you have planned on buying or renting a house you already own, but didn't know where to start to find a renter?  You might be afraid a renter would tear your house up, and would like to know how to prevent that from happening. I have good news for you.

This course deals first with answering the question: “Why you should invest in rental property?”

After giving several reasons for doing that, including reasons for why now is a good time to invest in rentals, I answer the most important question a landlord can ask: “How do you select a good renter?”

And finally I look at how you can design your own written rental agreement and how to use it to experience more satisfied tenants.

You will gain the understanding that normally comes from years of experience in the rental business.  

Oh, and don’t forget to look at the bonus lecture at the end of the course. Also, for a limited time this course is free.

Who is the target audience?
  • Those looking at purchasing rental property, those looking to be a landlord or landlords looking to be more succesfull or profitable.
Compare to Other Real Estate Investing Courses
Curriculum For This Course
+
Introduction
1 Lecture 02:53

This introduction tells what to expect in this course and shows the trends of rental property in our society.

Preview 02:53
+
Investing and Managing Rental Property
3 Lectures 28:10

This lesson teaches the advantages and uniqueness of rental property as an investment. It shows the pros and cons of investing in rent houses.

Preview 06:21

This lesson covers the skills needed in selecting a good renter. Included is an introduction to the "Rental Application" and how to use it in selecting good renters.

Preview 05:34

In this lecture we will cover all of the components that might be included in a rental agreement and how to make and use your own agreement. 

Lesson 4: How to Make a Rental Agreement
16:15
+
Conclusion
1 Lecture 01:55

This lesson is the conclusion lesson and recaps what the course has covered. It also tells what is included in the second course "29 Proven Tips on Buying and Managing Rental Property".

Lesson 5: Conclusion
01:55
+
Bonus Section
1 Lecture 00:00

This Bonus Lesson contains extra resources to use in managing rental property.

Bonus Lecture: More Information
00:00
About the Instructor
Clark Waggoner
4.5 Average rating
24 Reviews
858 Students
2 Courses
Rental Property owner for over 43 years

My name is Clark Waggoner. I live in Oklahoma in the Tulsa area. I was in the home improvement business for the first 20 years of my career. Due to foot problems I got off of the ladders and started an IT business which I ran for 19 years until I sold it in 2011. I have been retired since then.

My wife, Sandy, and I have owned rental property since 1973. We have owned or managed over a dozen different rental properties. We currently own and rent 3 paid for houses to supplement our retirement.

We received advice and encouragement when we started from my wife’s parents who had owned and rented several houses most of their adult life. But experience required that we learn a number of lessons as we continued in the rental business ourselves. Coupled with a number of changes in the housing market in our area over the years we have learned many principles of success in owning and managing rental property.

We have seen the demand for rentals wain and grow over the years. We have seen booms in the housing construction industry that flooded the market with used houses, we have seen interest rates go as high as 21% on home mortgages, we have seen the inflation rate hit double digits, we have seen the bottom drop out of the housing market, we have spent the whole evening without supper while prospective renters were 2 to 3 deep waiting to be shown an available house and we have gone 60 days trying to rent a house. We would like to help you be successful as a landlord.

There are 2 principles we have always followed. (1) We would never rent a house we wouldn’t live in ourselves, and (2) we have always treated renters in the way we would want to be treated. Remember, this is a service business, providing people a place to make their home.