Generate Passive Income Through Real Estate Investing



CEO and Investor, Joe Correa, Teaches You How to Create Passive Income Using Modern Techniques

What you will learn

You will learn how to create and increase passive income

You will learn how to automate your passive income

You will learn how to choose a property management company

You will learn how to rent your home Airbnb

You will learn how to get discounted prices when buying real estate

You will learn how to overcome problems and unexpected situations

You will learn how to choose an accountant to maximize profits

You will learn how to efficiently management short term and long term rentals

You will learn how to automate your payments

You will learn how to calculate NOI and increase profits

You will learn how to negotiate prices and terms

Description

Learning to generate passive income through real estate investing is a brilliant decision that will change your financial life forever and will allow you to pass it down to your heirs. Passive income is the key to financial independence!

In this modern course, you’ll learn all of the skills necessary to generate passive income from real estate and be able to use these skills in any economy, no matter where you live. From how to set up the perfect offer to listing your home for rent on Airbnb and getting substantial discounts on real estate, these lectures are designed for any one who is interested in replacing job income for passive income. With real world examples demonstrating exactly how to choose the right home and loan program when financing, you’ll learn exactly what to do to create a stable and long lasting income and becoming more efficient in the entire process (so you can repeat the process with other homes).

Main benefits of this course and of investing in real estate for passive income are:

– Make a high income that will require little or no work on your part to maintain once you create it

Most of the worlds millionaires have created their wealth through real estate and so can you.

– Have the flexibility of using this income as an additional source of income besides your job income or simply replacing your job income completely

– Learn what it takes to make a great offer on a home and start accumulating equity in all the homes you buy


– Begin to create passive income through real estate with safer and smarter tactics that minimize risk

If you already know the basics of investing in real estate and want to refresh your memory or are just starting out and want to learn more in depth, then this is the course for you. To reduce your risk and increase your profits, you need to learn from other more experienced investors that have already overcome challenges and know what tactics will be more effective when investing. This course will accelerate your learning and will teach you many new tactics and an efficient process that will save you thousands of hours. You need to know the steps you will need to take to acquire real estate and make it start generating passive income for you. This course will provide you with valuable information that will greatly increase your chances for success.

The first section of this course will take you through three important elements of real estate investing and generating passive income: how passive income works and what other alternatives exist, the benefits of investing in real estate, and what terms and conditions you should be negotiating when making an offer. You will learn how to invest in any economic condition and get the most benefit through different financial tactics. In the second section of this course, you will learn some of the best home buying strategies that exist so you can make money right from the start through equity and passive income.

In the end, you’ll have the tools needed to make the best financial decisions, and be more successful than you ever have been before.

Your instructor

Joseph Correa is a successful passive income real estate investor and is the founder and CEO of Finibi Mortgage, a licensed mortgage brokerage business based out of Orlando, Florida. Having invested in real estate and created passive income, he has perfected the process and has helped others to do the same. In the past, he has also created other forms of passive income besides real estate but believes real estate is the best form of passive income.

English
language

Content

Create Passive Income Through Real estate Investing

WHY SHOULD YOU START CREATING PASSIVE INCOME?
WHO SHOULD START INVESTING IN PASSIVE INCOME
HAVING A STRATEGY WHEN BUYING REAL ESTATE
HOW TO BUY REAL ESTATE AT A DISCOUNT
WHY PEOPLE THINK PASSIVE INCOME IS A MYTH
WHY SHOULD YOU INVEST IN REAL ESTATE?
WHAT IS PASSIVE INCOME AND WHY IS IT IMPORTANT?
WHY IS PASSIVE INCOME DERIVED FROM REAL ESTATE INVESTING A GREAT IDEA?
FORMS OF PASSIVE INCOME
INSTRUCTOR BACKGROUND
WHAT OTHER TYPES OF PASSIVE INCOME EXIST?
BENEFITS OF INVESTING IN REAL ESTATE
SHOULD I BECOME A REAL ESTATE AGENT TO START INVESTING IN REAL ESTATE?
SHOULD I BECOME A LOAN OFFICER TO GET THE BEST RATES?

Important Questions to Ask Yourself When Investing in Real Estate

IS IT A GOOD IDEA TO NEGOTIATE THE PRICE OF THE HOME?
WHAT OTHER TERMS CAN I NEGOTIATE WITH THE SELLERS?
SHOULD I HAVE A HOME INSPECTION DONE?
THE INSPECTOR IS OFFERING TO DO A WIND MITIGATION REPORT, IS THIS A GOOD IDEA?
WHAT IF THE APPRAISAL COMES BACK LOWER?
WHAT IF THE APPRAISAL COMES BACK HIGHER?
IS IT STILL A GOOD TIME TO INVEST IN REAL ESTATE?
WHAT’S THE BEST TIME OF THE YEAR TO INVEST IN REAL ESTATE?
RENTING LONG TERM WITH A SECURITY DEPOSIT, FIRST MONTHS RENT, AND LAST MONTHS
RENTING LONG TERM WITH A PROPERTY MANAGEMENT COMPANY
PROPERTY MANAGEMENT COMPANIES VERSUS RENTING YOUR HOME YOURSELF
AIRBNB MANAGEMENT COMPANIES
AIRBNB MANAGEMENT COMPANY FEES
HAVING A LIST OF REPAIR CONTACTS READY IN CASE OF AN EMERGENCY

Creating the Best Home Buying Strategies

HOME BUYING STRATEGY #1: MAKING LOW OFFERS AND ASKING FOR SELLERS CONTRIBUTION
HOME BUYING STRATEGY #2: MAKING A VERY LOW ALL CASH OFFER
HOME BUYING STRATEGY #3: MAKING A REASONABLY DISCOUNTED OFFER
HOME BUYING STRATEGY #4: MAKING OFFERS FOR THE EXACT PURCHASE PRICE OR HIGHER
GET YOUR REAL ESTATE LICENSE AND BE THE BUYER AND AGENT AND MAKE A 3% COMMISSION
OBTAIN BOTH YOUR REAL ESTATE LICENSE AND YOUR LOAN ORIGINATOR LICENSE
GETTING THE BEST DEAL POSSIBLE
FIND FORECLOSURE HOMES OR AUCTION HOMES AND MAKE LOW OFFERS UNTIL YOU GET A DEAL
REQUEST

How to Get The Best Mortgage

HOW TO GET THE BEST MORTGAGE RATE
FINANCING YOUR INVESTMENT HOME: PART 1
MORTGAGE INSURANCE
CONVENTIONAL MORTGAGE RATES
FHA MORTGAGE RATES
INVESTOR CONVENTIONAL LOANS
INVESTOR HARD EQUITY LOANS
INVESTORS IDEAL FINANCING SITUATION

How to Set up The Perfect Offer

SET UP THE PERFECT OFFER
KNOW WHAT YOUR HIGHEST PURCHASE PRICE WILL BE BEFORE MAKING AN INITIAL OFFER
RESEARCHING MARKET RENTS FOR LONG TERM LEASES
RESEARCHING MARKET RENTS FOR SHORT TERM RENTALS AND AIRBNB
IS AIRBNB THE BEST OPTION?
OFFERING 20% BELOW THE ASKING PRICE
ASKING FOR A 3% SELLERS CONTRIBUTION
PUTTING A LOW DEPOSIT ON THE CONTRACT
GIVING YOURSELF EXTENDED FINANCING APPROVAL TIME FRAMES
MAKING THE CLOSING DATE AT LEAST 45 DAYS OUT
BE THE BUYER AND THE BUYERS REAL ESTATE AGENT AND INCLUDE IT IN THE CONTRACT
MARK THE ASSIGNMENT OF CONTRACT OPTION
INCLUDE A FINANCING CONTINGENCY
INCLUDE AN APPRAISAL CONTINGENCY

Getting The Perfect Home Loan

COMING IN WITH THE LOWEST DOWN PAYMENT
USING YOUR RATE TO GET A CLOSING COST CREDIT
BUYING DOWN AN INTEREST RATE
WAIT TO PAY FOR THE APPRAISAL UNTIL YOU HAVE AN APPROVAL
BECOME THE LOAN ORIGINATOR AND THE BUYER TO CONTROL THE DEAL
WAIVE ESCROWS TO REDUCE YOUR TOTAL CLOSING COSTS
BUY OUT THE LENDERS FEE BY HAVING IT INCLUDED IN THE RATE
BUY A HOUSE INSTEAD OF A CONDO TO GET A BETTER RATE
CLOSE ON THE LAST DAYS OF THE MONTH TO REDUCE YOUR PREPAID INTEREST
GET THE MOST SELLERS CONTRIBUTION POSSIBLE TO COVER ALL OF YOUR CLOSING COSTS
REQUEST TO HAVE YOUR FIRST MONTHS PAYMENT 2 MONTHS OUT
GET A 15 YEAR MORTGAGE IF YOU CAN AFFORD IT
GET A CONVENTIONAL MORTGAGE INSTEAD OF AN FHA MORTGAGE
GET A 27 OR 28 OR 29 YEAR MORTGAGE TO REDUCE INTEREST PAYMENTS

Buying Real Estate for Different Purposes

WHAT IS AIRBNB?
WHAT OTHER SHORT TERM RENTAL WEBSITES ARE AVAILABLE BESIDES AIRBNB?
BUYING AS A HOMEOWNER TO RENT ON AIRBNB DAILY
BUYING REAL ESTATE AS A LONG TERM INVESTOR
BUYING REAL ESTATE WITH THE INTENTION OF RENTING THE HOME ON AIRBNB
AIRBNB VS LONG TERM RENTAL
WHAT IS A STANDARD LEASE?
THE DIFFERENCE BETWEEN INVESTING IN COMMERCIAL REAL ESTATE VERSUS RESIDENTIAL
RESIDENTIAL REAL ESTATE APPRECIATION

How The Numbers Play Out

CALCULATING TOTAL HOME EXPENSES
CALCULATING RENTAL INCOME POTENTIAL
HOW RENTAL INCOME WILL BE COLLECTED AND PAID
HOW TO CALCULATE YOUR NET RENTAL INCOME
TAX BENEFITS OF RENTAL INCOME
COMMERCIAL REAL ESTATE NOI CALCULATION
WHAT IS EQUITY?
WHY IS EQUITY IMPORTANT?

How to Set up Your Investment Home for Airbnb

SET UP YOUR HOME FOR AIRBNB
WHAT DOES IT MEAN TO BE AN AIRBNB HOST?
WHAT DOES IT MEAN TO BE A “SUPER HOST” ON AIRBNB?
CONFIRM YOUR HOA ALLOWS SHORT TERM RENTALS
PLANNING THE RENTAL PROCESS
PREPARING YOUR HOME FOR SHORT TERM RENTALS
RENTING YOUR HOME THROUGH A REAL ESTATE AGENT
CLEANING AND MAID SERVICE
HOME EXTERIOR MAINTENANCE
AIRBNB INITIAL SETUP
CREATING AN APPEALING TITLE FOR YOUR AIRBNB LISTING
CREATING A GREAT DESCRIPTION FOR AIRBNB GUESTS
SPACES AVAILABLE OR IF THE ENTIRE HOME IS INCLUDED
HOW MANY BEDROOMS, BATHROOMS, AND BEDS ARE INCLUDED IN THE LISTING
INCLUDING THE MINIMUM AND MAXIMUM GUESTS MAY STAY
WHAT AMENITIES ARE INCLUDED
THE GENERAL LOCATION AND ATTRACTIONS IN THE AREA
CHECK-IN AND CHECK-OUT INSTRUCTIONS
CREATING AIRBNB HOUSE RULES
CREATING AUTOMATED RESPONSES FOR AIRBNB GUESTS
GENERATING GATE CODES AND ENTRY CODES FOR KEYLESS ENTRY DOOR LOCKS
HAVING A STORAGE IN THE HOME AND INSTALLING A KEYLESS LOCK FOR MAID SERVICE
SUPPLIES AND CLEANING EQUIPMENT
INCLUDING AMENITIES IN THE DESCRIPTION
INCLUDING HOME SAFETY FEATURES FOR GUESTS
CREATING REALISTIC EXPECTATIONS FOR GUESTS AND OVER DELIVER
DUPLICATING THE PROCESS BY OWNING MULTIPLE HOMES
GIVING YOURSELF ENOUGH TIME FOR THE CLEANING PROCESS
RENTING DAILY, WEEKLY, MONTHLY
WHY RENTING FOR AT LEAST 5 DAYS OR MORE WILL BENEFIT YOU IN THE LONG RUN

Airbnb Tips and Tricks

AIRBNB TIPS
ELECTRONIC ENTRY LOCKS
REPLACING KEY LOCKS WITH KEYLESS ENTRY LOCKS
MAKING YOUR HOME ENERGY EFFICIENT
BUYING WHITE SHEETS AND TOWELS
GETTING A COMFORTABLE MATTRESS AND COVER
INCLUDING HAIR DRYERS, IRON, AND EXTRA TOWELS
USING PAPER TOWEL ROLLS INSTEAD OF NAPKINS
BEING FLEXIBLE WITH GUESTS REQUESTS
ADDING POSITIVE REVIEWS FOR GUESTS AND ASKING THEM TO COMPLETE A REVIEW FOR YOU
HAVING TILE INSTEAD OF CARPET
HAVING A WORK TABLE FOR LAPTOPS
INCLUDING EXTRAS FOR ADULTS, KIDS, AND BABIES
HAVING AN AVAILABLE CLEANING TEAM AND REASONABLE CLEANING FEE
CLEANING FEE
ALWAYS INCLUDE WI-FI FOR FREE
INCLUDING SMART TV’S TO REDUCE COSTS
USING EXTERIOR SOLAR LIGHTS
AUTOMATING CLEANING AND MAINTENANCE
INITIALLY GIVE A DISCOUNT TO GET YOUR HOME BOOKED
PROVIDE GOOD LIGHTING AND CHANGE YOUR LIGHT BULBS TO ENERGY EFFICIENT ONES
GETTING HOLLOW TOILET COVERS INSTEAD OF FLAT ONES
HAVING SHAMPOO AND SOAP DISPENSERS IN THE SHOWER

The Psychology Behind Investing in Real Estate

THE PSYCHOLOGY BEHIND INVESTING
THE FEAR OF RISK
OVERCOMING THE FEAR OF REAL ESTATE PRICES GOING DOWN
ADVANTAGES VS DISADVANTAGES OF INVESTING
CLEARING AWAY THE NEGATIVE VOICES IN THE BACKGROUND
BELIEVING IN THE PROCESS
BUYING AT THE RIGHT TIME
STICKING TO YOUR DECISIONS
MINIMIZING THE RISK AND EXPOSURE
INVESTING WITH PARTNERS OR FAMILY
INVESTING WITH OTHER PEOPLES MONEY OR DEBT
INVESTING WITH YOUR OWN MONEY
OVERCOMING INITIAL CHALLENGES
BECOME A PROBLEM SOLVER
CONTINUALLY ASK FOR ADVICE FROM EXPERIENCED INVESTORS

Passive Income For The Long Term

REPLACING YOUR CURRENT INCOME WITH PASSIVE INCOME
TIME FRAME TO RETIREMENT
RETIRING ON PASSIVE INCOME
DECIDING IF RETIRING IS THE GOAL
MAKING REAL ESTATE INVESTING YOUR NEW INCOME SOURCE
CREATING WEALTH BY INCREASING YOUR NET WORTH (BUYING EQUITY)
CREATING AN INHERITANCE PLAN FOR FUTURE GENERATIONS
WHAT IS CASH VALUE LIFE INSURANCE?
Calculating your net worth

Making Dreams Become Reality

CREATING AN AUTOMATED SAVINGS PLAN FOR FUTURE INVESTMENT FUNDS
CREATING A DEBT PAYMENT PLAN FOR NON-MORTGAGE DEBTS
ELIMINATE ALL UNNECESSARY EXPENSES
CREATING AN EMERGENCY ACCOUNT AND AUTO-DEPOSITING EVERY MONTH
STAYING AWAY FROM CREDIT CARDS AND USING DEBIT CARDS
HIRING AN ACCOUNTANT
THANK YOU

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