Wealth Building Made Simple – IN PERSON AT THE ASSOCIATION (separate registration for zoom)
Thursday, September 15th
9:00 am – 12:00 pm
$15.00 or FREE with Education Passport, 3 CE
Instructor: Steven David
2950 Pineda Plaza Way, Melb. 32940
Registration Link: 9https://mdweb.mmsi2.com/spacecoastss/deeplinks.pl?type=EDU&id=22wealth09
Real estate can be a wonderful way to build wealth, but where do you begin? For those looking for a beginner’s course on how to start generating wealth through real estate investing, this is the course for you!
Whether you are interested in building your retirement portfolio or dreaming of generational wealth, this course will teach you the process of real estate investing as an easy step-by-step guide.
Through examples and direct hands-on calculations, you will leave this course with a solid understanding of the basic steps toward real estate investments.
Objectives: After taking this class students will be able to:
FOR THOSE ATTENDING CLASS IN PERSON AT THE ASSOCIATION:
Masks are optional. By registering, you acknowledge you have read and accept the COVID-19 Waiver
WAIVER REGARDING COVID-19
By attending any meeting(s) in person at any facility owned or operated by The Space Coast Association of Realtors© , Inc. , you are acknowledging that an inherent risk of exposure to the virus that can cause COVID-19 (or other illnesses) exists in any public place where persons are present. By attending, you voluntarily and knowingly assume all risks related to such exposure, and voluntarily and knowingly waive any causes of action, rights, or claims against the Space Coast Association of Realtors© , Inc. or any of its affiliates, directors, officers, employees, or agents regarding COVID-19 or other illness or injury, and any damages arising therefrom, which may result from your attendance or presence at such facility.
Wealth Building Made Simple – Via Zoom (separate registration for In person)
September 15th, 2022
9:00 – 12:00
$15.00 or FREE with Education Passport, 4 CE
Instructor: Steven David
Zoom – Link will be emailed he day before class
Registration Link: https://mdweb.mmsi2.com/spacecoastss/deeplinks.pl?type=EDU&id=22wealth9z
Real estate can be a wonderful way to build wealth, but where do you begin? For those looking for a beginner’s course on how to start generating wealth through real estate investing, this is the course for you!
Whether you are interested in building your retirement portfolio or dreaming of generational wealth, this course will teach you the process of real estate investing as an easy step-by-step guide.
Through examples and direct hands-on calculations, you will leave this course with a solid understanding of the basic steps toward real estate investments.
Objectives: After taking this class students will be able to:
- Explain the importance of researching comparable properties
- Identify key factors when searching for comparable properties
- Evaluate comparable homes to find worthwhile investment properties
- Evaluate comparable homes to establish reasonable rent prices
- Calculate the vacancy rate and vacancy expense for a rental property
- Identify the importance of calculating the vacancy expense of a rental property
- Define key vocabulary with regards to mortgages and purchase options
- Calculate the typical down payment for a rental property and the remaining purchase price
- Demonstrate an understanding of an amortization schedule
- Identify the difference between total income versus cash flow
- Define typical operating expenses for rental properties
- Estimate annual and monthly operating expenses for a rental property (including reserves)
- Explain the relationship between owning real estate and building wealth, especially with regards to retirement
- Define forced savings and return on investment
- Identify the benefits of price appreciation and mortgage amortization for property owners
- Calculate income, rate, and value using the IRV formula
- Calculate first year benefits of property ownership using the IRV formula