Appraisal |
2 Hours |
Including formal appraisal methods (cost, income, and replacement), Haines instruction and demos, how to compare properties, etc. |
Contract Law |
3 Hours |
Including basic contract law; using contracts and clauses to protect yourself, developing contracts such as leases, options, purchase contracts etc., for the real estate investment business. |
Ethics |
1 Hour |
Including ethics in financing, negotiations, etc. |
Exit Strategies |
2 Hours |
Including discussions regarding wholesaling, retailing, lease/options, renting, selling with owner financing, etc. |
Fair housing law |
3 Hours |
Including federal, state, and local fair housing regulations |
Finance |
6 Hours |
Including conventional financing, FHA/VA financing, owner financing of all types; comparing, financing, offering financing. |
Inspections |
2 Hours |
Including pre- and post- purchase inspections; move-in and move-out inspections. |
Insurance |
2 Hours |
Including what type of property insurance is appropriate for investment property; negotiating for the best rates and coverage; renter’s insurance, worker’s compensation, liability insurance, etc. |
Landlord-Tenant law |
2 Hours |
Including responsibilities of landloards and tenants, evictions, etc. |
Management |
4 Hours |
Including record keeping; dealing with tenants; maximizing cash flow; etc. |
Marketing |
2 Hours |
Including how to market properties for sale and for rent; how to market to prospective sellers. |
Negotiation |
3 Hours |
Including negotiating with sellers, buyers, renters, contractors, vendors, banks, etc. |
Purchasing |
2 Hours |
Including finding deals and calculating profitability. |
Rehab, classroom
Rehab, Hands-on |
1 Hour
1 Hour |
Rehab Classroom (1 hour): Including estimating rehab costs, which projects will pay for themselves, etc.
Rehab Hands-on (1 hour): Including actual hands-on opportunities and demonstrations, volunteer work for organizations such as, Habitat for Humanity, and rehab property tours. |
Regulations, Local
Regulations, Federal |
2 Hours
2 Hours |
LOCAL (2 hour): Including zoning and building codes, foreclosure laws, etc. Attendance at meetings of the city council or other political for the purpose of learning, testifying, objecting to new or existing local laws can be counted.
FEDERAL (2 hours) Including regulations affecting real estate investment OTHER THAN tax laws and fair housing laws, such as; lead paint regulations, wetlands regulations, underground storage tank regulations, Environmental Quality Zone regulations, etc. |
Tax law |
2 Hours |
Including calculating and minimizing taxes, and tax laws as they affect the real estate investor, 1031 exchanges, property taxes. |