Schedule
Friday, Oct 22, 2010
7:30am – 8:00am Registration & Breakfast
8:00am – 5:30pm Workshop
Entities and Business Planning (8:00am – 11:30am)
- Limited Liability Company (LLC)
- What is an LLC
- When to use an LLC and when not to use an LLC
- Advantages of an LLC
- Disadvantages of an LLC
- How to set up an LLC
- The parts and pieces of an LLC
- Residential Land Trusts
- What is a Residential Land Trust
- When to use a Residential Land Trust and when not to use a Residential Land Trust
- Advantages of a Residential Land Trust
- Disadvantages of a Residential Land Trust
- How to set up a Residential Land Trust
- The parts and pieces of a Residential Land Trust
- Sample Business Plan Overview
- Buying, Holding and Selling Properties
- Marketing
- Financial Planning
Lunch Break (11:45am – 12:45pm)
Financing (1:00pm – 4:30pm)
- Project Financing Overview
- Understanding Financing Terms
- Appraisals
- Hard Money
- Private money
- Home Equity Line Of Credit (HELOC)
- Conventional Money
- Refinancing
- The Loan Package
Daily Review & Open Forum (4:30pm – 5:30pm)
Saturday, Oct 23, 2010
7:30am – 8:00am Breakfast
8:00am – 5:30pm Workshop
Finding Properties (8:00am – 11:30am)
- Making Offers
- After Repaired Value (ARV)
- Maximum Allowable Offer (MAO)
- Cost of Purchase
- Holding costs
- Selling costs
- Profit
- Exit Strategy
- MAO Revisited
- Property Inspection
- Estimating Guidelines
- Estimating Repairs
- Repair Estimate Form
- Property Inspection Form
- Finding the Deal
- Real Estate Agents
- Wholesalers
- Foreclosures
- Motivated Sellers
- Newspapers & Publications
- Websites
- Investment clubs
- Bird-Dogs
- Mailings, Flyers & Bandit Signs
Lunch Break (11:45am – 12:45pm)
Closings, Property Insurance, Title, Etc. (1:00pm – 4:30pm)
- Prior to Closing
- Appraisals
- Insurance…what type of policy?
- Title Insurance
- Hold Open Policies…when and why?
- Inspections & sewer scopes
- Contractor Bid review completions
- The Closing Table
- Closing Participants
- Paperwork
- After the Closing
- Draw Request
- Utilities
- Contractors & the Lockbox
Daily Review & Open Forum (4:30pm – 5:30pm)
Sunday, Oct 24, 2010
7:30am – 8:00am Breakfast
8:00am – 5:30pm Workshop
Rehab & Construction Management (8:00am – 11:30am)
- Statement Of Work (SOW)
- Creating a Statement Of Work
- Understanding the “basics” of Excel Spreadsheets
- Work versus Budget and understanding the difference
- Contractors
- Construction Agreements
- Contractor Selection
- Specialist or Handyman
- Construction & Project Management
- Management Styles
- SOW Tracker
- Financial Tracker
- Avoiding Conflicts
Lunch Break (11:45am – 12:45pm)
Exit Strategies (1:00pm – 4:30pm)
- Real Estate Cycles
- The Four Stages of a Real Estate Cycle
- Sub-Prime Meltdown…a good thing or a bad thing?
- Selling Retail
- Real Estate Agents
- For Sale By Owner (FSBO)
- Renting
- Rental and Lease Agreements
- Section-8 Tenants
- Tenant Screening
- Land-Lording
- Evictions
- Seller Financing
- Lease Options
- Basics of a Lease Option & Contracts
- Basics of a Lease Purchase & Contracts
- Owner Carry Financing
- Wrap-Around Mortgages
- Marketing
- Classified Ads
- Bandit signs & Flyers
- Websites
- Craigslist
- Personal Websites
- Investment Clubs & Networking
Daily Review & Open Forum (4:30pm – 5:30pm)
REGISTER FOR THE 3-DAY
CASH FLOW COACH INVESTOR SUMMIT
OCT 22-24, 2010!