The goal of this course is to teach you how to analyze an investment rental property at the initial purchase and then review it every year to optimize your rental portfolio for long term retirement planning. In a nutshell, it'll help you understand and play the real-life Monopoly game -- from buying your first your property (a green home), to accumulating more, and then trading up into bigger and better rental properties (red hotels!)
The creation of the Property Analysis Course came from two aspects of real estate investing that I wanted to understand better:
- Understanding the complete return on investment from rental properties to compare against other investments like the stock market or a business venture. The typical real estate return metrics of cap rates, GRM, and cash-on-cash return just don't cut it.
- Understanding how to analyze current rental properties after holding them for a few years. After owning a property for five years, using the initial amount of money invested or the cap rate at the time of purchase is looking in the rearview mirror. Over those years you’re building equity, the market is changing, rents are increasing, and there are new investment opportunities. How does one take all of that into consideration to optimize your rental portfolio and determine what properties you keep, refinance, or sell and "trade up" to better rentals via a 1031 exchange?
Course Price: Free
Completely free. No ads, no upsells, no affiliate links. Just good content! Rather than spending your money on a course, use it to help buy a deal.
Why do I give it away for free? One reason is that I genuinely enjoy creating content and teaching. It'll spark conversations and debates that I always learn from. Plus, the more I give, the more I get. Providing valuable information grows my network which increases deal flow and new clients. My goal is to make money from real estate investments and doing deals, not selling "how-to" information.
After reviewing this course, you'll know:
- How to analyze a property with the four returns you earn in real estate.
- How to analyze a rental you've held for a while to optimize the equity to decide if you should keep it, refinance it, or sell it.
- How to download our rental analysis spreadsheet for free and understand how to use it.
- How to analyze your primary residence to see if it makes sense to convert it to a rental, pull out cash or sell it to redeploy your capital.
- How to optimize your portfolio for retirement planning by using your overall understanding of maximizing real estate returns.
Cash flow is NOT everything when it comes to analyzing rental properties. Yes, it's important, but if you're only looking at cash flow, then you're missing a few very important pieces to the puzzle. This module covers:
- The four ways you make money in real estate investing.
- Defining your true total initial investment to accurately measure your ROI.
- Using a powerful visual aid to calculate the four returns to determine your complete ROI.
- Two real-world Denver rental property analyses and their ROI.
Most likely, it'll be a different property analysis perspective than you've learned elsewhere. As the title states, cash flow is NOT everything!
[Coming Soon] Module #2: Rental Property Analysis Spreadsheet Tutorial
[Coming Soon] Module #3: Return on Equity: Playing Adult Monopoly
[Coming Soon] Module #4: Tapping into Your Primary Residence Equity: Refinance, Sell, or Convert to a rental?
[Coming soon] Module #5: Tapping into Your Primary Residence Equity: Part #2
[Coming soon] Module #6: Case Study: Refinancing My Primary Residence to Pull Out $106,000
Three Ways to Learn
You're probably like me. You're busy, can't spend hours watching videos on your computer, and bounce around between computers, iPads, and iPhones to consume content. I'm presenting this course in three different formats:
- Listen to the audio on the Denver Real Estate Investing Podcast. Each module will tell you the name of the corresponding episode. They'll start with "IPAC #:", which is short for "Investment Property Analysis Course."
- Watch the video on the YouTube channel.
- Read the material on the blog.
All three mediums should have the same format and flow. If you're listening to a podcast but want the details on the numbers discussed, then check the show notes, and go to the blog for all the details!
If you have any questions, please reach out or leave them in the comments!