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Office Hours: |
9-5 EST
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Course Meeting Times: |
ongoing online; scheduled chats to be announced
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Course Description
This is a basic step by step guide for the novice, or first time, landlord of residential rental properties. The course content covers everything from selecting a rental property to avoiding common pitfalls to acquiring your next property. It is presented in an easy to understand, step by step format, that guides students all the way. If you have heard the buzz about making money on residential real estate and wondered what it's all about, this course is for you. If you have heard the horror stories of rental property gone bad, this course can help you avoid those mistakes.
Course Requirements
The basic course requirement for 'Becoming a Landlord' is a desire to learn the ins and outs of being a landlord for residential rental property. There is no outside textbook, but there are assignments that require the ability to locate materials on the internet. Some internet research knowledge or experience is helpful.
Course Goals
By the end of this course students should have a clear grasp of the basic activities involved in being a landlord for residential rental properties. The lessons include:
1) Choosing a Rental Property
2) Set the Monthly Rent
3) Finding a Tenant
4) The Rental Agreement
5) Know your State and Local Laws
6) Maintenance and Repair
7) Tax Aspects
8) Avoiding Common Pitfalls
9) Building Relationships
10)Buying the Next One
Course Materials
The materials needed for this course are the internet; and your local newspaper.
Grading Policy
There are no grades in this course, as I suspect anyone that enrolls is a self-motivated learner. I will, however, prompt students via e-mail if they have been active for a prolonged period of time. I encourage interaction within the class.
Disclaimer
None of the information contained in this course is meant to be legal or financial advice. The instructor encourages students to consult with an attorney or tax professional prior to purchasing rental real estate or making financial decisions. This course is for general information purposes only.
