Investing in Real Estate Wisely

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INVESTING IN REAL ESTATE WISELY
www.investinrealestatewisely.com

Instructor: David Arama, Licensed REALTOR/RECO/CREA member, Keller Williams, Property Developer/Investor, Rental Property Manager.

Duration: Saturday 9 a.m. – 4 p.m.; or 3 evenings 7 – 10 p.m.

Included in workshop: all instruction, case studies, discount coupons from service providers (eg. Home inspector), realtor investor services, contact info for various sources.

WORKSHOP ABSTRACT:
A 1-day hands-on information-packed workshop designed to de-mystify the real estate investment decision, “prevent costly mistakes”, and save you money!
……to rent or own, invest in rental income property, cottage or waterfront versus stock market????
.....how to hire a realtor, property appraiser, home inspector, lawyer, contractors????
.....pre-fab kits versus resale versus transporting existing building to your lot….

Students will be enabled to make informed decisions, resulting in wise investing in real estate!

9:00 - Introductions, Why Here, Goals & Objectives
9:15 - WSC Developer Corp. and Keller Williams story
9:30 - Mortgage financing: brokers/private/law firms….1st., 2nd., VTB, Private, RRSP
Community Access Partners (seed), CMHC, Equity Lines of Credit
10:00 - Case Study: Burk St. (0-cashflow) versus Southridge versus “The Brocks”
10:15 - 15 Minute Break
10:45 - CMHC Grants, Community Upgrade Programs
11:00 - REALTORS: choosing a buyer agent versus listing agent, fees/commisions,
Services provided, MLS program versus MLS.ca, FSBO/Auction/Bank sales
(RECO/OREA/CREA/KW BOARD explained)
12:00 - Appraisals: MVA-Realtor versus Bank (certified appraiser) versus MPAC,
Value-determination, over-improved
12:30 - Lunch 30 minutes (and consultations with instructor, contacts etc.)
1:00 - Buying your first property/home: single owner versus matrimonial versus joint tenancy, closing costs (lawyer, CMHC mortgage insurance, land-transfer taxes etc.), zoning and by-laws, freehold versus condo versus co-op, rental income (in-law suite/accessory apartment), home inspection, pest inspection, other inspections (septic, well-water etc.), common mistakes, value (physical versus emotional)
….to rent or buy? Equity statistics, wealth-building….what am I getting into?
2:00 - Investment Properties/Rental-Multi-Units: zoning, by-laws, fire & safety and local codes (building/construction permit office), live-in versus absentee, WRAMA Landlord Association, Tribunal/Tenant Protection Act., Duplex/Triplex/Multi-Units / Commercial / Student and Rooming Houses, Legal Non-Conforming versus Illegal, Insurance, Property Management Co’s, ROI, Cap Rate, Gross/Net Income, Expenses (taxes, insurance, vacancies, Utilities, repairs & improvements, Taxation benefits, Capital Gains Taxes!, the 20% under-value approach, potential hot regions/demographics.
3:00 - 15 minute break
3:45 - Cottages, Waterfronts: buying, sub-dividing, permits, septic, wells, foundations,
Pre-fabs versus resale versus move existing shell from other lot
4:00 - Course wrap-up, special offers/coupons, consulting & investor services,
recommended books/websites/additional workshops
+ registration for “Millionaire Real Estate Investor" Workshop at Keller Williams,
Textbook Orders

Optional Workshop: “Millionaire Real Estate Investor Bootcamp" (covers buying/selling investment property, goal-setting, contacts etc.), offered evenings at Keller-Williams GTR seminar location, Kitchener, 7 – 10 p.m. (see website above for upcoming dates. Tuition fee is $25.)

Prepared by: David Arama, WSC Real Estate Investing & Developer Corp.
COPYRIGHT 2006 all rights reserved.

 

Not offered this semester; available on request

 

 

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