The Complete Guide To Analyzing Single Family Rental Homes from Udemy

Welcome to The Complete Guide To Analyzing Single Family Rental Homes.

If you’re looking to get into the real estate game and you want to start by investing in single family properties, but you’re not sure exactly where to get started or how to evaluate these deals, this course will walk you step-by-step through the entire underwriting and analysis process for single family rental homes.

By the end of this class, you'll have a framework for how to analyze single family investment opportunities using the same investment principles used by some of the largest real estate investment firms in the world, and you'll also have access to a complete, done-for-you single family home acquisition model that's available for download directly in the course.

If you don't know me already, my name is Justin Kivel, and I run a company called Break Into CRE. Since we started back in 2019, we've helped tens of thousands of students learn real estate investment analysis and financial modeling, and throughout my own real estate career, I've also worked on over $1.5 billion of closed investment transactions.

This course was designed to take the best practices I learned from working for and with some of the largest and most sophisticated real estate investment firms throughout the entire industry, and to apply those same analysis techniques to underwriting deals and identifying single family investment opportunities.

In this course, a few of the topics we'll cover include:

Single-family home investment strategies
Key real estate investment metrics
How to conduct market research (using free online resources)
How to make rent growth, expense growth, and value growth assumptions over time
How to run a hold, sell, and refinance analysis
How to incorporate income taxes into a real estate financial model
How to analyze deals based on market research, property data, and return targets

We'll even end the course with two single family home acquisition case studies, so you can actually apply everything you've learned before you even finish the course.

If you've ever thought about buying a single-family rental property in the past but just haven't known where to get started (or how to go about analyzing deals in the first place), this course is going to walk you step-by-step through that entire process. So if you're ready to get started, I'd love to see you in the class - go ahead and click that "Buy Now" button, and I'll see you on the inside of the course.

What's inside

Learning objectives

How to analyze returns for single family rental house purchases
How to compare sfr investment metrics to stocks, bonds, and other investment vehicles
How to perform a "cash-out" refinance to recycle capital and buy multiple properties

The three key investment metrics you need to know as a real estate investor
How to find (free) market data to make operating and cash flow projections and model deals

How to analyze returns for single family rental house purchases
How to compare sfr investment metrics to stocks, bonds, and other investment vehicles
How to perform a "cash-out" refinance to recycle capital and buy multiple properties
The three key investment metrics you need to know as a real estate investor
How to find (free) market data to make operating and cash flow projections and model deals

Syllabus

Students will be introduced to this course on single family home investment analysis in this section.

Welcome!

Who This Course Is For

About The Instructor

Traffic lights

Read about what's good

what should give you pause

and possible dealbreakers

Examines methods for identifying, analyzing, and underwriting single-family rental properties

Taught by an instructor with over $1.5 billion in closed real estate investment transactions

Suitable for those looking to start investing in single-family properties but have limited experience

Offers a step-by-step approach to real estate investment analysis for single-family homes

Provides a model for analyzing deals that can be used for practical application

Covers key metrics and concepts for evaluating single-family rental investments, which may be useful for beginners

Reviews summary

Mastering single family rental analysis

According to students, this course is a comprehensive and practical guide to single-family rental home analysis, highly valued for its actionable strategies. Many highlight the downloadable financial model as a game-changer, enabling immediate application of learned concepts. The instructor's clear explanations demystify complex financial concepts, making it accessible for those starting in this area. While a few learners wished for more advanced scenarios or additional diverse case studies, the course consistently provides a solid framework for underwriting SFR investments.

Instructor excels at simplifying complex financial concepts for learners.

"Justin explains complex financial concepts in an easy-to-understand way."

"Justin demystifies the underwriting process."

"The instructor's expertise shines through..."

Offers a complete guide with actionable strategies for real-world application.

"This course is incredibly thorough and practical."

"It's truly a complete guide as advertised."

"This isn't just theory; it's how to actually do it."

"The systematic approach to analysis...was eye-opening."

Provides a powerful, immediately applicable Excel model for analysis.

"The acquisition model provided is a game-changer and immediately applicable."

"The detailed walkthroughs of the financial model were invaluable."

"The financial model alone is worth the price."

"The practical application of concepts using the downloadable model is phenomenal."

Occasional minor issues like audio consistency or dry delivery noted.

"The audio quality in some lectures was a bit inconsistent."

"My only minor gripe is sometimes the explanations can be a little dry..."

Case studies are helpful, but some wish for more diverse practical exercises.

"The case studies solidified my understanding."

"I would have liked more diverse case studies."

"I wished there were more practical exercises besides the case studies to really practice the concepts..."

Excellent for beginners, but some advanced learners desire more complexity.

"Expected more depth. While the basics are covered, I felt it didn't go far enough into complex scenarios..."

"Might be better for absolute beginners, not for someone with some prior knowledge."

"Very comprehensive for beginners to intermediate."

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in The Complete Guide To Analyzing Single Family Rental Homes with these activities:

Practice calculating key financial metrics for single-family homes

Show steps

Solving practice problems and examples can improve your accuracy and understanding of key financial metrics used in real estate investing.

Show steps

Find five examples of single-family homes for sale in your local area and calculate the cash-on-cash return for each property.
Calculate the cap rate for each property.
Identify the property with the highest cash-on-cash return and explain your reasoning.

Show all one activities

Career center

Learners who complete The Complete Guide To Analyzing Single Family Rental Homes will develop knowledge and skills that may be useful to these careers:

Analyst

Analysts are responsible for collecting and analyzing data to help companies make informed decisions. Real estate Analysts, in particular, analyze market trends, conduct financial modeling, and provide recommendations on investment properties. Taking this course can help you develop the skills you need to succeed in this role, such as how to analyze real estate markets, evaluate the financial performance of properties, and make sound investment decisions.

See salaries and explore the career path for Analyst

Real Estate Agent

Real estate agents advise clients on buying, selling, and renting properties. They must have a deep understanding of the real estate market and be able to provide expert guidance to their clients. Taking this course can help you gain the knowledge and skills you need to succeed as a real estate agent, such as how to analyze market trends, evaluate the value of properties, and negotiate contracts.

See salaries and explore the career path for Real Estate Agent

Mortgage Broker

Mortgage brokers help borrowers secure financing for their homes. They must have a strong understanding of the mortgage market and be able to guide borrowers through the loan process. Taking this course can help you develop the skills and knowledge you need to succeed as a mortgage broker, such as how to analyze borrowers' financial profiles, evaluate different loan products, and negotiate loan terms with banks.

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Property Manager

Property managers oversee the day-to-day operations of residential and commercial properties. They must have a strong understanding of property maintenance, tenant relations, and financial management. Taking this course can help you develop the skills you need to succeed as a property manager, such as how to manage budgets, maintain properties, and deal with tenants.

See salaries and explore the career path for Property Manager

Real Estate Appraiser

Real estate appraisers determine the value of properties for a variety of purposes, such as mortgages, insurance, and estate planning. They must have a strong understanding of real estate markets and appraisal methodologies. Taking this course can help you develop the skills you need to succeed as a real estate appraiser, such as how to analyze market data, evaluate property features, and write appraisal reports.

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Loan Officer

Loan officers assist borrowers with obtaining loans for a variety of purposes, such as buying a home or starting a business. They must have a strong understanding of the lending process and be able to evaluate borrowers' financial profiles. Taking this course can help you develop the skills you need to succeed as a loan officer, such as how to analyze loan applications, underwrite loans, and close deals.

See salaries and explore the career path for Loan Officer

Commercial Real Estate Agent

Commercial real estate agents help businesses and investors buy, sell, and lease commercial properties. They must have a deep understanding of the commercial real estate market and be able to provide expert guidance to their clients. Taking this course can help you gain the knowledge and skills you need to succeed as a commercial real estate agent, such as how to analyze market trends, evaluate the value of commercial properties, and negotiate contracts.

See salaries and explore the career path for Commercial Real Estate Agent

Development Analyst

Development analysts evaluate the feasibility of real estate development projects. They must have a strong understanding of real estate markets, financial modeling, and construction costs. Taking this course can help you develop the skills you need to succeed as a development analyst, such as how to analyze market demand, assess the financial viability of projects, and manage development timelines.

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Property Tax Assessor

Property tax assessors determine the value of properties for tax purposes. They must have a strong understanding of real estate markets and appraisal methodologies. Taking this course can help you develop the skills you need to succeed as a property tax assessor, such as how to analyze market data, evaluate property features, and write appraisal reports.

See salaries and explore the career path for Property Tax Assessor

Investment Analyst

Investment analysts evaluate the performance of investment portfolios and make recommendations to clients. They must have a strong understanding of financial markets and investment strategies. Taking this course can help you develop the skills you need to succeed as an investment analyst, such as how to analyze financial statements, evaluate investment opportunities, and make investment recommendations.

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Financial Analyst

Financial analysts evaluate the financial performance of companies and make recommendations to investors. They must have a strong understanding of financial markets and accounting principles. Taking this course can help you develop the skills you need to succeed as a financial analyst, such as how to analyze financial statements, build financial models, and make investment recommendations.

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Risk Analyst

Risk analysts evaluate the risks associated with investments and make recommendations to clients. They must have a strong understanding of financial markets and risk management principles. Taking this course can help you develop the skills you need to succeed as a risk analyst, such as how to identify and assess risks, develop risk mitigation strategies, and make investment recommendations.

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Underwriter

Underwriters evaluate the risk of loans and make decisions on whether or not to approve them. They must have a strong understanding of financial markets and lending principles. Taking this course can help you develop the skills you need to succeed as an underwriter, such as how to analyze financial statements, assess borrowers' creditworthiness, and make lending decisions.

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Asset Manager

Asset managers oversee the management of investment portfolios. They must have a strong understanding of financial markets and investment strategies. Taking this course can help you develop the skills you need to succeed as an asset manager, such as how to build investment portfolios, manage risk, and achieve investment goals.

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Portfolio Manager

Portfolio managers oversee the management of investment portfolios. They must have a strong understanding of financial markets and investment strategies. Taking this course can help you develop the skills you need to succeed as a portfolio manager, such as how to build investment portfolios, manage risk, and achieve investment goals.

See salaries and explore the career path for Portfolio Manager