Pre-Investing: Essential Real Estate Investing Concepts (Udemy.com)

What Future Real Estate Investors MUST Know Before Making Their 1st Investment

Created by: Symon He

Produced in 2021

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What you will learn

  • Gain a broad foundational knowledge base for real estate investing
  • Understand the different phases of the real estate market cycle
  • Understand how to determine the right investment strategy for your goals
  • Understand the many ways to invest in real estate
  • Be able to use the Cost Method to value a property
  • Be able to use the Comparable Sales Method to value a property
  • Be able to use the Income Method to value a property
  • Understand how leverage affects investments
  • Predict the likely timing of the next real estate market peak and crash

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Quality Score

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Overall Score : 92 / 100

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Course Description

Theodore Papadopoulos - 5 StarsThis course is an excellent primer on real estate investing. I would highly recommend this course to anyone interested in learning some real world core concepts. Symon starts off basic and builds on concepts learned in previous lectures. In summation, this course will teach you some basic mechanics in how to evaluate a real estate deal.
Susan Corry - 5 StarsSymon did a great job of explaining the fundamentals of real estate investing. It was the perfect introduction for me and gave me the confidence to continue with more complex course subjects!
Jacob Nelson - 5 StarsGreat course! Symon is obviously 1) very knowledgeable on real estate investing 2) skilled at training others. The combination makes for a great course. Thanks for creating this!!! Can't wait to check out his other stuffDo you have absolutelyZERO knowledge or experience in real estate investing but want to get started? Do you have the drive and ambition but you're just not sure where to start?
Do you feel overwhelmed with the seemingly endless choices and options available to new investors?
Should you start with fix & flips, rentals, wholesaling, lease options, or something else entirely?
What is the smartest way for a new investor to start?
In other words, what should you know before making your first investment?
If you want to learn the most important real estate invest concepts and develop a solid foundation as a first step towards your real estate investing education, this is your course.
If youre still unsure, here are some of the questions I get asked many by prospective students:_______________________________________I don't live in the US, is this course still relevant to me?
Yes! While the examples I use are USA properties (because the vast majority of my students are from the USA) ALL of the concepts taught and tools provided are just as useful for any market around the world. In fact, I have students from over 190 countries who are learning and using the tools provided in the course to help them invest wherever they are located.
How is this different from your other courses?
My other real estate courses here are all focused primarily oninvestment analysis--one focusing on analyzing fix & flips and rental income properties, another that focuses only on multifamily, and a third, more comprehensive, course that covers residential as well as a host of other commercial real estate scenarios. The other courses all go deeper on the analysis side but do not touch on many of the topics I cover here.
You can think of those courses as getting down to the ground level in terms of detail and this course is at the 30,000 ft. level, just getting the overall scope of things without getting you bogged down in numbers and details.
What if I already have some real estate background?
This course is NOT for you. This is meant for beginners and those who little to no existing knowledge. Although, Iwill say that some students with experience found this to be a nice refresher, especially the section on real estate cycles. If you are an experienced investor, you may find some valuable insights in here, just please be aware that this course is designed for brand-new investors.
Why is there so much math and numbers?
Math is a necessary evil to understanding real estate investing.
If you can't do the math, it'll be difficult for you to really get a firm grasp on the concepts. If/when you're confused, just leave a message in the forums--I usually respond within 48 hours. For what its worth, there is WAYmore math in my other, more advanced courses. I've put the bare minimum here. Every serious investor needs to be able to do these investment calculations. If your math is rusty, now is the time to get a handle on it.
Why do you use Excel so much?
Good question. Analyzing real estate investments involves looking at the numbers and it's easiest to do that with spreadsheets, which is why I use Excel extensively. The good news is you don't have to build any of the models yourself. Ive done all the hard work for you.
You just need to be able to follow along and use the models Ive created for you. Can you make me rich by taking your course?
No way! Not just from taking the course, at least. Anyone who promises you that is selling snake oil. If you take my course AND apply what youve learned to make smarter investments in the future, then you have a chance at creating some major profits.
What I can guarantee is that you will leave with some serious real estate investing knowledge and techniques.
What else does this course cover besides real estate investing?
This course is ALL about and ONLY the foundationalreal estate investing concepts.
What will I be able to do after I take your course?
After taking my course, you will be: Able to confidently use professional real estate investment techniques. Able to evaluate both residential and commercial real estate opportunities. Able to structure investments with business partners in a smart and equitable way via the waterfall framework Know how to identify and mitigate investment risks. Sunil Ramsumair - 5 StarsVery informative, great instructor and course material, I am very happy with the content of the course.
Ethan Wong - 5 StarsYet another successful course from Symon. Even though I have some experience as an investor, I found this class to be quite valuable. Although I was already quite familiar & comfortable with the course material and topics, the experiences gained from completing the exercises showed me where I have a couple weaknesses in my network. That alone made the class worth my investmentWhat WON'T I get from this course? You wont get any kind of real estate license from taking this course. You can only get licensed by taking the appropriate test with the testing agency of your state and country. But what I teach in this course has nothing to with getting a license, which focuses on how to legally facilitate transactions in real estate between buyers and sellers. This course is about the investor's prospective. I will not be evaluating your personal investment deals for you for this course. This is about you learning how to do it on your own using the lessons and the tools here. If you really want me to consult with you privately, you can reach out to me. My hourly rate is $350/hr. This course does not cover any of the wide range of OTHERreal estate topics, which deserve their own courses, including but not limited to:
contract negotiations, real estate legalities, real estate marketing, REITs, etc... I try to cover the most important concepts as they relate to evaluating investment opportunities. Whats holding you back?
Are you afraid this course wont work? I promise you it will.
Are you afraid this course will work and youll actually have to start investing? I think thats a pretty good problem to have.
Are you afraid it will take time and effort? It will. Real estate isnt an easy business, if it wa

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Instructor Details

Symon He

Symon He is the co-author of Airbnb for Dummies and the Real Estate Investing QuickStart Guide, both available now on Amazon and in bookstores throughout North America.
He is also co-founder of LearnBNB, a leading online educational destination for all things Airbnb hosting and short-term rentals. His works have been cited or featured on the Wall Street Journal, Reuters, Forbes, CNBC, Entrepreneur, and SKIFT. Through his training and coaching programs, he has worked directly with thousands of aspiring Airbnb hosts to jumpstart their short term rental journeys. His training programs have been featured by prominent third-party partners, including a joint venture with RichDad.
As a licensed broker, Symon previously helpedprivate real estate investors with their acquisitions and deal structuring. As an angel investor, he also advises and invests in early stage startups.
Previously, Symon worked in several corporate real estate and finance roles at large private and Fortune 80 companies, including at a private equity investment firm covering a wide range of commercial real estate acquisitions in the western USA.
Symon received dual degrees in Computer Engineeringand Economics with Honors from UC Irvine and an MBA from Stanford University.

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Reviews

4.6

157 total reviews

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By Mario Turcios on 11/14/2020

Good course.

By Aida Nesimi on 11/14/2020

Good primer, wish it was more detailed as I am experienced in this field but nevertheless, excellent course

By Deborah Carroll on 10/25/2020

For somebody who just bought her 1st condominium as an investment and is looking into real estate investment, this course definitely helps me understand property value, ROI and potentials for future profit.

By David Buckles on 10/9/2020

Symon is very thorough in discussing the material. He provides downloadable spreadsheets for the market calculations, and website information regarding where and how to find market data.

By Jennifer Brown on 9/27/2020

Very informative and easy to understand

By Abigail Mlacker on 9/19/2020

It is very easy to understand

By Mohammed23456 albakri on 8/25/2020

this course is worthless don't waste your time I watched all the course.

By Janaina Monteiro on 8/22/2020

amazing

By Qijian on 8/10/2020

Great course. Like the excel sheets provided to help evaluate value of houses.

By Khaled Aliane on 8/3/2020

is very analytic
using data that I've never thought using to analyse a market
good for now
thumbs up

By Batman on 7/23/2020

The instructor is knowledgeable and tackles an important subject in real estate: 'pre-investing'.

By Frank Gutierrez on 7/14/2020

So far so good! I'm liking what I'm hearing/seeing.