Secrets of Buying Auction Properties
4.5 (13 ratings)
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Secrets of Buying Auction Properties

Learn the secrets of the real estates pros to bid and buy auction properties.
4.5 (13 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.
412 students enrolled
Created by Heather Boren
Last updated 1/2016
English
Current price: $10 Original price: $95 Discount: 89% off
1 day left at this price!
30-Day Money-Back Guarantee
Includes:
  • 1.5 hours on-demand video
  • 4 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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What Will I Learn?
Spot the flipper v. investor at an auction
Think like a real estate investment pro
Attend and bid at an auction with ease
Master finding properties
Determine what's real v. fake on TV
Feel confident and comfortable investing in single family homes
Analyze properties with ease
View Curriculum
Requirements
  • Basic real estate terminology could be beneficial, but not required as we’ll cover all required material in the course and BONUS materials.
Description

Are you frustrated with the get rich quick schemes on house flipping and wish there was a course that explained the hidden secrets of auctions and how the process really works? This course examines single family homes as an investment property class, how trustee foreclosure auctions look like, what you need to know to successfully bid and compete with flippers and other investors, and how the Real Estate Investment Trusts (REITs) got it right or maybe wrong. Using scientific research, case studies, along with my personal experiences this course will provide you with winning techniques and key insights.

By the end of the course, you will feel both confident and comfortable bidding, buying and investing in properties.

From 2009-2011, single family homes were for the most part a very new concept. There were no real BIG players. Then large companies started buying properties almost over night and traditional flippers started to get outbid at a very quick pace.

This course will teach you to understand the difference between how a flipper analyzes a property and how an investor analyzes a property. And more importantly, what this means on auction day and how to be prepared and win successfully against the competition.

If you are not a math wizard, no problem. Included with the course are materials to help you analyze properties easily and quickly, and handy check-lists for auction preparation and research.

Going once...going twice... SOLD. Come join me on Mastering Auction Properties.

“If I had a way of buying a couple hundred thousand single family homes I would load up on them. It's a very attractive asset class now. I could buy them at distressed prices and find renters." - Warren Buffett


Who is the target audience?
  • Never purchased a property before
  • Beginning Investor
  • Real Estate Professional looking to expand his/her client base
  • Interested in building a portfolio of properties
  • Seasoned Investor
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Curriculum For This Course
Expand All 24 Lectures Collapse All 24 Lectures 01:43:41
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Welcome
3 Lectures 10:05

Welcome to the Course! I am going to provide a brief overview of the course and lectures.

Watch these on flipping and house hunting and see what you notice. At the end of the course, we will watch clips together and you will be amazed how far you have come and understand what is real, fake, a good buy or down right bad investment.

Through this introduction, I will cover the following:

(a) Why investing in single family homes is a new concept and why this new asset class gained momentum.

(b) Three key areas of this course including: auction buying process; what buyers and renters want; and how an investor v. flipper analyzes a property.

(c) My background and credentials.

I can't wait to have you. Let's get started.

Preview 05:16

Additional materials and information is available here; however, the lectures are all you need to complete the course.


Preview 01:06

Property Wars case study on the bidding process and a sample property. At the end of the course, we will revisit the clips and you will be amazed at what you can tell is real v. fake. We'll also take a look at the end result of what the bidders uncovered.


Note: Please excuse the video and audio quality as it is from the show source.

Preview 03:43
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Auction Buying Fundamentals
8 Lectures 33:47

Tips and tricks the professionals don't want you to know.

What to Expect on Auction Day
06:52

More bidding and buying hot tips I've learned for over 10 years.

Preview 01:25

Example Case Study from Lancaster, CA.

Auction Property Example 1
06:12

Example Case Study from Corona, CA.

Auction Property Example 2
03:12

People say location, location, location. Find out why it should really be research, research, research.

Research. Research. Research.
09:09

How to successfully find properties using online resources right at your fingertips. I will show you how to research properties and what features to review including Property Radar and Auction.com.

Searching Online
06:57

Check-list of what to bring for auction day.

Workbook: Auction Check-List
1 page

Acceptable forms of payment/funds for buying properties.

Workbook: Acceptable Forms of Payment/Funds
1 page

1: Auction Buying
3 questions
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House Hunters Decoded
4 Lectures 06:48

What do most Buyers and renters really want when looking for a home? Based on research we'll look at what key features in a home have appeal and maximize value.

What Buyers Want
02:37

Based on research studies, what the typical Buyer/Renter looks like.

What the Typical Buyer/Renter Looks Like
02:06

The best time to buy is ...

When is the Best Time to Buy?
02:05

Summary sheet of profile and process.

Workbook: House Hunters
1 page

2: House Hunters
3 questions
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Rent v. Flip: Did the REITs Get It Right?
4 Lectures 20:51

What is an institutional investor and what do the major Real Estate Investment Trust (REIT) players look for when building their portfolios.

Investors and REITs: a Good Idea?
10:16

How to successfully analyze a single family home as an investment.

Financial Analysis: Single Family Home as an Investment
06:33

What an investor really needs to think about when assessing a home.

Financial Analysis: Investor Check-List
04:02

Use this handy workbook to effectively analyze properties quickly.

Workbook: Financial Analysis
2 pages

3: Investing
3 questions
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Putting It All Together
3 Lectures 15:19

Case study of a property going to auction. Who will win the flipper or investor?

Calling Once, Twice...Sold: Case Study Flipper v. Investor
07:01

Revisiting the Challenge from Section 1, we will go over what is real v. fake clip by clip based on the materials learned throughout the course.

Challenge Revisited
06:31

Thank you for joining me. The course will conclude with my final thoughts including a summary of:

(i) Key Investment Pointers and

(ii) What the TV shows got right and made up. You'll be able to spot the difference.

Final Thoughts
01:47

5: Final
3 questions
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BONUS Materials
2 Lectures 11:51

An excerpt from a radio talk, discussing the main differences between residential and commercial property auctions and types of risks involved.

NEW LECTURE+BONUS: Residential v. Commercial Auctions
05:05

Bonus material foundations of real estate including different property types.

Foundations of Real Estate
06:46
About the Instructor
Heather Boren
4.3 Average rating
56 Reviews
2,536 Students
4 Courses
Real Estate Broker | UCLA Instructor | Strategist

Heather is the Principal of Estate Match Realty, a real estate strategist, commercial real estate broker and instructor at UCLA Extension. She has held prestigious positions with companies including Colliers International, American Commercial Equities, and American Homes 4 Rent in brokerage, acquisitions, and asset/portfolio management. 

Heather is an active member with many real estate organizations including Commercial Real Estate Women (CREW-LA), International Council of Shopping Centers (ICSC), and is Vice Chair of the Southland Regional Association of Realtors (SRAR) Commercial Division and Chair of the Education Subcommittee. Heather hold a real estate Broker’s license, and is a UCLA alumna with B.A. degrees in Communication Studies and Political Science.