Objective
:Upon completion of this course the novice investor will have
an understanding of using the Lease / Option as an investment strategy
on single-family homes. The student will also have a basic working
knowledge of finding, funding, and marketing properties, along with
legal and contractual considerations. A significant portion of this class includes filling out actual contracts and making live phone calls to potential sellers using lease options.
COURSE
SYLLABUS
Course
Materials :
Arizona Landlord Tenant Act
Various Real Estate Contracts (ex. Lease / Purchase, Deeds)
Individual Credit Reports
Internet Access
Session
#1--Transfering Title
Transfer
Of Title
Title
Reports
Mortgage
v Trust Deed
Title
Insurance & Recordation
Session
#2--Understanding Financing Documents
Hard
Money Considerations
Traditional
Lenders
Non-Traditional
Sources
No
Money Down Transactions
Session
#3-Analyzing the Property and the Deal
Is
it a good deal?
•
What To Look For While Negotiating
•
Negotiating Price and / or Terms
Session
#4--Contracts
You
will learn how to make offers and you will fill out actual contracts!
Lease
Option Contract
Optionee
Consideration
Optionor
Obligation
Termination
Lease Option
Arizona
Landlord / Tenant Act
Session
#5-- Making Phone calls
After
you observe the instructor making calls to potential L/O sellers
you will have an opportunity to practice. The calls are made on
a speaker phone so everyone learns from the experience.
