Learn how to own rental properties for passive income with this comprehensive Real Estate investing course.
BUY & HOLD will teach you step-by-step how to buy, fix, tenant and manage rental properties.
Allow me to start off by telling you what this course..
- How to create instant cash-flow with a never-heard-of, proprietary strategy.
- How to enjoy never-ending streams of "magical mailbox money" without lifting a finger.
- How to own problem-free rental property while avoiding dreaded "tenants & toilets" problems.
Nope... this IS NOT that kind of course.
Learn how to own rental properties for passive income with this comprehensive Real Estate investing course.
BUY & HOLD will teach you step-by-step how to buy, fix, tenant and manage rental properties.
Allow me to start off by telling you what this course..
- How to create instant cash-flow with a never-heard-of, proprietary strategy.
- How to enjoy never-ending streams of "magical mailbox money" without lifting a finger.
- How to own problem-free rental property while avoiding dreaded "tenants & toilets" problems.
Nope... this IS NOT that kind of course.
Instead, this is a real-world class, taught by a real-world Landlord, that will
I'm not saying that money, lifestyle, & freedom aren't real... but it's going to take some WORK to get you there.
The good news is that I've already done the heavy-lifting, made the stupid mistakes, and perfected a streamlined process.
My intent is to transfer my knowledge & experience to you in a way that you can implement for measurable results.
I want you to have the simplest path to success, so I'm sharing the knowledge I've gained over 12 years of owning rentals.
HERE'S ..and this is only scratching the surface of what you will learn in this comprehensive class.
- - - - - - The ultimate goal of this class is for
From there you'll progress though a series of bite-sized lessons and exercises that encourage ACTION.
Each lesson will present you will a series of steps that you will complete to produce measurable results.
Are you ready to buy, rehab, tenant, and manage rental properties of your own?
Let's make it happen.
I'll see you in class.
-Ben
Hi there!
My name is Ben Clardy - I'm a Real Estate Investor and Coach. In this section you'll learn a little more about me, my motivation, my story, and why Real Estate has been such a game-changer for myself and my family.
The bottom line is that I'm nothing special. I'm just a regular guy who stuck with Real Estate long enough to learn how to make it work in my favor. Now I'm passing that experience and knowledge onto you so you can use it for your benefit.
I create Real Estate courses to meet the direct needs of my student base. Basically, YOU tell me what you want to learn about and I'll create a course to meet that need. It's as simple as that.
This particular course has been HIGHLY requested for quite some time now, so I'm proud to be able to provide this information in such a structured and effective format.
Owning rentals is, in my opinion, the ultimate Real Estate strategy. They provide cashflow, build appreciation, and offer the investor many options for being able to adapt to market changes.
The goal of the course is to provide the information, strategy, resources, and guidance you need in order to ACTUALLY own rental properties.
Essentially this course can be used in 2 different ways.
1) It can be used LINEARLY, in which case you'll go through the course and implement each step as you come to it to completion before moving onto the next step.
OR
2) It can be used MODULARLY, in which case you'll jump around from one section to another, as needed, to fill in the gaps and accomplish the needed steps as they occur organically in your business.
Either way is perfectly fine, so go about it in whichever manner is best for your own personal uses.
This lesson outlines the general structure of the course and gives you an idea of what's to come.
Single Family Homes are easy to buy, easy to sell, plentiful, and user-friendly. These traits make them ideal for new investors to work with. Because of these benefits, we'll focus mostly on SFRs in this course.
Please do understand though, that the overwhelming majority of strategy and technique taught in this course will easily apply to other types of property as well such as Duplexes, Triplexes, and Quadruplexes, for example.
So while there is certainly special emphasis on SFRs in this course for the sake of simplicity, you could still use the material in this course to buy, fix, tenant, and manage other small residential property types as well.
It's better to be REALISTIC than IDEALISTIC when running your numbers for a potential purchase.
We'll go through some examples that show running your numbers in a realistic manner is better because it gives you more flexibility when it comes to dealing with inevitable problems that will have to be dealt with.
The "Debt-Snowball Strategy" is one that most Landlord's will use to build a portfolio of rental properties. It's simple, tried-and-true, and it works. This lesson explains the technique so that you can determine if you want to put it to use in your business.
This lesson explains the nuances between 2 key terms that many people don't fully understand. Understanding the difference between cashflow and appreciation can make or break a new investor, especially when it comes down to using these principals to choose a suitable investment market that will lend itself to helping you reach your goals.
Choosing your investment market is one of the most important decisions you'll make. In this lesson we'll talk about key factors to consider when choosing a market - and whether or not to commit to potentially investing remotely if that market is far away from your home.
There are 2 basic ways to buy rental property.
1) To DIY all the work yourself and possibly save a big chunk of money in the process.
2) To buy a property that is "turn-key" where much of the work is done for you, but will probably cost you more.
We'll talk about the benefits and drawbacks of each so that you know which option is right for you.
Having a great group of Real Estate professionals at hand to help you with various tasks with ease is one of the biggest advantages a Real Estate Investor can have. We'll talk about the various players you should connect with and how each of them brings a unique attribute to your team.
There are various ways to get connected with the right people. I always suggest methods that involve a face-to-face meeting in one way or another as I believe this helps build the most solid foundation professionally. There are other methods that you can employ, especially if you are investing remotely, but you should always make every effort to solidify those relationships and to learn as much as you can about the people you are networking with.
Having convenient access to THE RIGHT PEOPLE is one of those things that can easily take your Real Estate business to the next level. Take the time to make the RIGHT connections and your business will flourish as a result.
To be honest - the deals are EVERYWHERE. It's one of those things where you simply have to change your perspective in order to see them. You just have to look in the right places, talk to the right people, and ask the right questions. This lesson will shed some light on how to go about finding great deals on rental property.
If you can't effectively and accurately determine the rental yield of a particular house, then you can't make accurate offers. Here we'll talk about some resources that you can leverage to help get a clear idea of how much rental income a particular house could provide.
This lesson will help give you clarity concerning how houses in different markets will be stronger performers in regards to EITHER cashflow OR appreciation... typically not both.
This is vitally important to understand, especially when you are attempting to choose which market to invest in. If you get this wrong, then your rental property will not provide you with the returns you are hoping for.
This is not a difficult concept to understand, but it's one that you should be clear on before committing to a purchase decision.
The "100x Rent Rule" is a simple concept designed to help you quickly get a rough idea on whether a particular opportunity is worth taking a closer look at. With this tool, you'll be able to determine your maximum investment amount without even needing to use a calculator.
Be warned though... this is not a "fool-proof" way to accurately analyze deals. This is simply a tool of convenience, but it's one that will save you MANY HOURS OF TIME if you use it wisely and for it's intended purpose.
This lesson will demonstrate different ways to make offers on houses. Some are more effective than others, and some may cost you some money, so be sure to choose the best option for the particular situation.
In this lesson we'll talk about some subtle and simple ways to help you get more offers accepted. This isn't a "magic-bullet" kind of solution, but the ideas here should help you increase your acceptance rate by 25% or so - which is actually HUGE when you think about it.
This lesson will help guide you through steps you should be taking right now in order to best set yourself up for being able to efficiently secure financing when needed. The steps in this lesson are things that can take some time, so it's best to get started on this sooner than later if you are starting from scratch concerning financing options for rental properties.
There are essentially 8 different types of loans that can help you purchase and hold rental properties. Each type has unique benefits and drawbacks. None will work for everyone, but everyone should be able to take advantage of at least a couple of these financing options depending on what your own unique circumstances are.
This lesson is simply to help point you in the right direction by educating you on the various types of investment financing products that are commonly available.
"House Hacking" is a unique way to buy investment property. It's certainly not for everyone, but for the right person it could be the ideal way to purchase property - especially their first investment property. This lesson details how the strategy works, and will also help you determine if this could potentially be a viable option for you to employ when buying a rental property.
This lesson will show you what to expect when you have reached The Escrow Period. This is the period of time after all of the paperwork has been submitted to the closing office, and before the closing occurs.
It's closing day! I still always get excited when it's time for a deal to close - the feeling never gets old. If it's your first time though, it can certainly be a time of trepidation and worry. Fear not! This is typically an easy step in the process, but I'll go ahead and explain how it works so that you have a clear understanding of what to expect on closing day.
It can feel a bit unsettling, but this milestone is one of significant importance. Things are about to get interesting!
This lesson details out the key differences between a RENTAL renovation and a RETAIL renovation. Both are renovations, of course, but they couldn't be any more different concerning the end-goal. Get this right and you'll be setting yourself up for success, but get this wrong and you could be in for a very expensive and frustrating experience.
The idea of "tenant proofing" essentially boils down to having the forethought to select the right materials that will stand up to the rigors and abuse that tenants often dish out. Wear and tear is to be expected, so let's set things up from the start to be able to withstand the abuse so that you can minimize the amount of maintenance needed for your property over time.
Here we'll talk about one of the most important members of your power team - your General Contractor.
Some people are GREAT, some are BAD, and the rest are somewhere in-between. This lesson will help guide you through selecting a GREAT General Contractor.
Real Estate is very much a PEOPLE oriented business. When you find a GREAT General Contractor - or anyone else on your Power Team for that matter - it makes good sense to build, protect, and grow that relationship. This lesson will show you how to go the extra mile to build and solidify that relationship - and also provide some insights on the day-to-day workings of your General Contractor.
The bottom line: Always collect a receipt!
Beyond that, it really comes down to whatever arrangement works best for you and your General Contractor. The ways they are paid will vary considerably from market to market, but there are still common themes that should be upheld. Here we'll talk about how to pay your General Contractor, and also how to ensure that you are looking out for your own best interest along the way.
The Fair Housing Act sounds like something that would be boring and uninteresting - and in some ways it certainly is... but this is still a topic that you NEED to take very seriously. Take the time to familiarize yourself with the FHA and to also learn the nuances of how it can vary depending on what market you are investing within.
Get this right, and you'll likely never have any issue with the Fair Housing Act.
Get this wrong, and you could be looking at astronomical fines of 20k, 50k, and even 100k+.
Be warned... this lesson is VERY important.
Having an awesome Property Manager in your corner can make the management of your rentals so much easier. This lesson details out some ways to track down a high-quality and capable PM that will take care of the day-to-day and month-to-month management of your rental properties.
One of the most valuable pieces of advice I can possibly give you concerning rentals is to simply...
PLACE GOOD TENANTS!
Good tenants make everything easier. The rent checks come in on time, the neighbors love them, and they take good care of the rental. Bad tenants, however, can turn your world upside down.
Here we'll talk about various ways you can choose the best tenants to stack the odds on your favor.
This is a simple for used to collect information from prospective tenants.
Download it, edit it however you see fit, and put it to use in your business!
In this lesson, I'll show you a cool way to automatically screen out bad tenants and to collect the contact information of good tenants.
This is PART 2 of using the Google Form to automatically screen tenants.
A background check is a vital part of verifying a tenant before you commit to placing them in your property. There are hundreds of places online where you can order a background check. In this lesson, I'll show you the provider I've been using.
This lesson will teach you the nuances of the Master Lease Agreement. We'll go through the entire document line by line so that you know how everything works.
Download it, edit it however you see fit, and put it to use in your business!
Ideally, when you place a tenant, it would be nice for them to stick around problem-free for many years. Unfortunately this doesn't always happen and the need will arise to place new tenants. This is known simply as "turnover".
The good news is that there are things you can do to help minimize the amount of tenant turnover you experience. We'll talk about those thing in this lesson.
Evictions are probably the most dreaded part of being a Landlord. Still, while they're certainly unpleasant, they're also something that you'll have to deal with at some point along the way. The good news is that understanding how an eviction works will help prepare you for handling this task. In this lesson, we'll talk about the eviction process and how you should conduct yourself through the process to ensure that the eviction occurs swiftly, effectively, and without exposing you to liability.
In this lesson we'll talk about some common mistakes that Landlords make when dealing with an eviction. Avoiding these mistakes can make the difference of whether you experience an "easy & effective" eviction, or is you run the risk of putting yourself in a bad position that could potentially result in hefty fines.
Eventually, you may have the need or desire to liquidate one or more of your rental properties - and that's ok. If you've done everything right up to this point, you should be set up for multiple exit strategies that can be employed to help you turn that property back into money.
In this lesson we'll talk about ways to liquidate your property and also how to go about choosing the most suitable exit strategy for your property.
It all comes down to this -
Now you've got easy access to all of the knowledge and strategy needed to BUY & HOLD rentals property... but knowledge alone is really of little value by itself.
It comes down to having to make tangible, measurable steps towards your goals. This is often the most uncomfortable step of the process, and because of that it's the steps that most often is left undone.
Don't fall into the trap of being comfortable with knowing that you could do something... but never actually doing it.
This is where the rubber meets the road.
It's time to start transforming knowledge into action.
Congratulations on successfully completing this course!
If you've enjoyed the course, please leave a positive review!
Also, feel free to provide feedback on constructive ways I might be able to improve the course.
I will also suggest that you go through the course a second time with special emphasis on implementing any of the lessons you may have skipped or avoided. Ultimately I want you to experience life-changing success in your Real Estate business and legitimately applying the content of this course to your business is the very best advice I can give to that end.
WE CAN HELP YOU BUY A RENTAL: www.nittygrittyrealestate.com/pages/rentals
There are very few people in Real Estate who are "naturally born investors".
The rest of us, myself included, need a little help along the way.
If you're the type who is serious about making big things happen, but you feel like you need that extra PUSH to get you there, then our rental consulting service could be exactly what you need.
This service is entirely flexible around your needs and goals.
Leverage our experience to gain the insights, confidence, motivation, and accountability you need to reach your goals.
We make every effort roll the price of our service into the purchase of your rental property. In other words - we are typically able to recoup the cost of our consulting service by purchasing property for you with sufficient equity to cover the consulting fee.
Our goal is to get you into the best possible property, set you up for long term success, and to provide you with the experience and knowledge necessary for you to continue to grow your business over time.
If you want to own rental property, we can help you make it happen!
For more information about our "Rentals-Done-Right" Consulting Service, go to:
www.nittygrittyrealestate.com/pages/rentals
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