ABOUT
Starting an running a real estate business with your significant other, especially in real estate can be rewarding profesionally, personally and financially. This 8 week course is a structured approach for creating and running a business with "your person" in a way that keeps them your person.
key concepts
Have the ability to select target market
Identify potential properties
Conduct financial analysis
Create an action plan
Build a succesful team
Make your first purchase
​
​
who will benefit
First time investors
Aspiring real estate professionals
​
course outline
module: 1
Understanding real estate investment basics
takeaways
-
Overview of real estate investment vehicles​
-
Different types of investments
-
Determining financial goals as a couple
-
Merging finances
key excercises
-
Take a skills and strength assessment
module: 2
Building business relationship roles
takeaways
-
Identifying strengths
-
Assigning roles
-
Communication strategies
-
Learn how to disagree
-
Work - life balancing
key excercises
-
Personailty assessment
-
Dream list creation
module: 3
Setting up the business
takeaways
-
Best business structure for you as a couple
-
Understanding liability
-
Putting your security first
key excercises
-
Contact business license office
-
Have business license application
-
Role playing
module: 4
Financing + Budgeting
takeaways
-
How to be broke a patient
-
Personal savings, private lenders, mortgages, crowdfunding, etc.
-
Credit
-
Budgeting together
key excercises
-
Create a life budget
-
Get credit scores
module: 5
Researching + acquiring properties
takeaways
-
Tools for scouting
-
How to assess neighborhood trends, market conditions, and potential ROI
-
Offer startegies and negotiations
-
Closing process
key excercises
-
Identify clsoing agents and attorneys in your area
-
Identify licensed realtor and interview
-
Mock After repair value assignment
module: 6
Renovating, managing and selling
takeaways
-
How to manage renovation projects and contractors as a couple
-
Deciding whether to manage properties yourself or hire a management company
key excercises
-
Meet with contractor
-
Role playing
module: 7
Scaling your real estate business
takeaways
-
Expanding Your Portfolio
-
How to strategically grow your real estate portfolio together
-
Diversifying into different types of real estate investments
-
Making sure you both want the same growth
key excercises
-
Case Study: Charm City Builders
module: 8
Maintaining success together
takeaways
-
Business and Personal Life Balance
-
Setting boundaries between business and personal time
-
Scheduling regular check-ins on business and relationship health
-
Long-term Wealth Building and Exit plans
-
Planning for retirement, passive income, and legacy planning as a couple
-
Potential exit strategies and wealth preservation
key excercises
-
The Teal House Company case study