FLEX Real Estate 101 Buying Selling & Understanding Mortgages 16W2
What's included
16 pre-recorded lessons
16 weeks
of teacher support1 year access
to the contentHomework
Students will complete a variety of assignments, including research projects, budgeting exercises, and mock negotiations. Homework will take approximately 1-2 hours per week.Assessment
Learner progress will be assessed through a combination of quizzes, class participation, and completion of assignments.Class Experience
In this 16-week class, the learner will gain a thorough understanding of buying and selling property, as well as mortgages. The class will be divided into the following weeks and topics: Week 1: Introduction to Real Estate - What is real estate? Why is it important? Week 2: Types of Properties - Different types of properties (houses, apartments, land, etc.) and their uses. Week 3: Property Value - How to determine the value of a property and what factors can influence it. Week 4: Buying a Property - Steps involved in buying a property, including finding a real estate agent, getting pre-approved for a mortgage, and making an offer. Week 5: Home Inspections - What to look for during a home inspection and why they are important. Week 6: Closing the Deal - Finalizing the purchase of a property and what to expect during closing. Week 7: Selling a Property - Steps involved in selling a property, including listing it, staging it, and working with a real estate agent. Week 8: Mortgages - What is a mortgage, how to get pre-approved, and understanding different types of mortgages. Week 9: Mortgage Rates - Understanding interest rates and how they affect the cost of a mortgage. Week 10: Budgeting for a Property - How to create a budget and plan for the costs associated with buying and owning a property. Week 11: Property Taxes - What property taxes are and how they are calculated. Week 12: Insurance - Different types of insurance required when buying a property and why they are important. Week 13: Home Maintenance - Basic home maintenance, including landscaping, HVAC systems, and appliances. Week 14: Renovations - Types of renovations, planning and budgeting, and working with contractors. Week 15: Real Estate Law - Understanding real estate laws and regulations. Week 16: How to Use Real-estate as an Investment By the end of the class, learners will have a comprehensive understanding of real estate and be able to confidently navigate the buying and selling process. Homework will include various assignments and projects, both individual and group-based, and will take approximately 30 mins per week. Progress will be assessed through informal assessment and individual feedback. Parents should note that this course requires no prior experience. The flexible schedule (Recorded Flex Class) allows your learners to watch the pre-recorded videos and do them at a time that is FUN for them! You can also spend extra time on the topics your child is most interested in. Since this is a flex class with no live meetings, students can log in at a convenient time to complete the week's lesson. We will be going through each week as a group and I will post the lesson weekly (depending on which day you started). The videos will contain the information required to give students a good understanding of each topic and each one will include homework for the students to undertake during the week, as part of a project. After watching each video and completing the homework assignments, students will be provided with feedback and the specific next steps on how to improve or adapt. Time frame for the Week: Mondays - The teacher will post the information needed for the week. Students can submit questions. Tuesdays - Wednesday - The teacher can answer any questions pertaining to the topic of the week. The students will need to complete any homework assignments and answer any questions in the discussion. Thursday - Students need to have all tasks completed and uploaded in the classroom for teacher feedback and discussion. Students will discuss it among themselves. Friday - The teacher will provide feedback to the class and individual students. Saturday - Sunday - The teacher will be available to answer any questions that the students may have for the week or the next week. Please note: This course requires no prior experience. *For parents/families who feel their child would benefit from this course, but their budget does not allow for it, I do offer a number of discounts for families of lower income. Please message me with the course, dates and times you are interested in to learn more about the discounts I might be able to offer.
Learning Goals
By the end of this course, students will have a comprehensive understanding of the process of buying and selling property, including researching neighborhoods, finding the right property, negotiating a deal, and closing a sale. They will also gain an understanding of the basics of mortgages, including types of loans, interest rates, and down payments.
Syllabus
16 Lessons
over 16 WeeksLesson 1:
Introduction to Real Estate
Dive into what real estate entails and its significance in the market.
Lesson 2:
Types of Properties
Explore the various property types and their specific uses.
Lesson 3:
Property Value
Learn to assess property value and the influencing factors.
Lesson 4:
Buying a Property
Understand the process of buying a property, from agent selection to offer making.
Other Details
Parental Guidance
This class does not contain any content that may be upsetting or scary to learners. Parents should be aware that the class will cover topics related to buying and selling property, as well as mortgages, which may be more advanced topics. Parents should encourage their learners to ask questions and seek additional help as needed.
External Resources
Learners will not need to use any apps or websites beyond the standard Outschool tools.
Sources
"The ABCs of Real Estate Investing" by Ken McElroy
"Real Estate Finance and Investments" by William Brueggeman and Jeffrey Fisher
"How to Buy Real Estate Without Using Your Money" by Robert Kiyosaki
"Real Estate Investing for Dummies" by Eric Tyson and Robert Griswold
"The Millionaire Real Estate Investor" by Gary Keller and Jay Papasan
"The Book on Rental Property Investing" by Brandon Turner
"Real Estate Principles: A Value Approach" by David Ling and Wayne Archer
"Real Estate Law" by Marianne Jennings
"The Complete Guide to Property Investment" by Rob Dix
"The Little Book of Common Sense Investing" by John C. Bogle
These books provide a range of perspectives and insights into the real estate industry, including buying and selling properties, understanding mortgages, and financial management. Some of the authors are well-respected professionals in the field, while others are renowned experts in finance and investing.
Teacher expertise and credentials
1 teacher has a Bachelor's degree
Bachelor's Degree in Science from Brighton University UK
The teacher has extensive experience in real estate and finance, including buying and selling properties, understanding mortgages, and financial management. Jo bought his first house at the age of 18 with money he made from his teenage odd jobs business. He has grown his investment portfolio (buying many properties) over the years and has property investments in both the USA and the UK, which makes him highly qualified to teach this course. He holds a Bachelor's degree in Computer Science with Honors and has over 20 years of teaching experience.
Reviews
Self-Paced Course
$25
weekly or $399 for all content16 pre-recorded lessons
16 weeks of teacher support
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1 year of access to the content
Completed by 2 learners
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Ages: 11-14