Real Estate Investing

Upon successful completion of this course, participants will be able to:

• Identify the advantages and disadvantages of real estate investing.
• Specify the different types of real estate investments.
• Describe the different avenues to pursue to acquire property.
• Identify the characteristics of an ideal seller.
• Specify the features of the different types of mortgages.
• Identify the fees associated with a lending arrangement.
• Recall the contents of a personal financial statement.
• Specify the tasks to include in regional and local real estate analyses.
• Describe the different types of barriers to entry for a geographic region.
• Specify the issues that can increase the value of a property lease.
• Specify the factors that can increase the value of a property.
• Recall the different metrics used to evaluate a property.
• Recall the different types of revenue that can be extracted from tenants.
• Specify how common area maintenance charges are calculated.
• Identify the options for negotiating with a seller over the price of a property.
• Recall the reasons why an earnest money deposit is paid.
• Recall the due diligence items associated with a property purchase.
• Specify the characteristics of the legal entities that can be used to own property.
• Identify which parties pay the various closing costs.
• Recall the advantages and disadvantages of personally managing a property.
• Specify the interviewing topics to be used when selecting a property management firm.
• Identify which operating policies can be impacted by government regulation.
• Recall the best techniques for showing a property.
• Specify how coinsurance works.
• Recall how the original and adjusted bases of a property are calculated.
• Recall the tax impact of mortgage financing.
• Specify the depreciation durations that can be applied to property.
• Identify how the passive activity loss rules apply to a real estate investment.