Autoplay
Autocomplete
Previous Lesson
Complete and Continue
How to Buy the House You're Now Renting
1. Introduction
Welcome! (5:14)
For You - Advantages & Disadvantages (5:59)
For Your Landlord - Advantages & Disadvantages (5:31)
The People You'll Work With - Your Team (3:21)
The Whole Process - A Quick Overview (6:58)
2. You and Your Landlord
Can You Buy? (6:19)
Online Mortgage Calculators (3:36)
How Landlords Think (2:56)
The 6 Types of Landlords (9:42)
Ballpark Value & Can Your Landlord Sell? (7:27)
3. How to Find Good Team Members
Mortgage Loan Officer (4:29)
Real Estate Agent (5:59)
Real Estate Attorney (5:52)
Home Inspector (1:38)
Appraiser (10:47)
Sample Emails - 1) To Appraisers, 2) To Landlord with Names of 3 Appraisers
4. The Money
Getting Pre-Approved for a Mortgage Loan (4:35)
Seller Credits (3:49)
Getting the Loan (2:59)
5. Negotiating Price & Terms
Overview (3:59)
Normal Home Sales (7:52)
Landlord-to-Renter Home Sales (5:58)
Landlord Tries to Talk You Out of Using an Agent or Attorney (2:12)
Pricing, Appraisers and Attorneys (4:16)
Dowside Risk (2:40)
6. Property Manager Complications
"Commission-Due-On-Sale-to-Renter" Clauses (5:36)
Dual Agents (3:34)
7. Using a Pre-Appraisal to Price the Home
Lenders' Appraisals vs Pre-Appraisals (6:45)
Pre-Appraisals (3:59)
1 Split vs 2 Separate Pre-Appraisals (4:58)
8. How to Pitch the Idea to Your Landlord
The Game Plan (6:22)
The Initial Pitch (1:59)
The Initial Follow-Up (4:43)
Sample Emails
9. Contract Terms
From Tentative Agreement to Written Offer to Signed Contract (4:47)
Seller Credits (2:37)
Is The Refrigerator Included? (4:56)
Transfer Taxes (3:24)
HOA & Condo Association Transfer Fees (6:33)
Home Warranties (1:53)
Other Contract Terms (3:30)
10. Home Inspections
Overview of Inspections & Disclosures (1:58)
Seller Disclosures (2:52)
Home Inspections (4:34)
Home Inspection Reports (3:58)
Other Inspections (4:52)
Repair Negotiations (8:29)
Option: Doing Inspections Before Negotiating Price (3:57)
11. The Closing Process / Settlement Process
Escrow States vs Attorney States (8:19)
Contract Contingencies (4:35)
Follow the Money (5:59)
What is Escrow, Anyway? (3:13)
2 Types of Escrow Accounts (4:08)
12. Conclusion
Unexpected Homeownership Expenses, etc. (3:37)
Conclusion (1:51)
Game Plan Cheatsheets
1. Your Landlord Pitches the Idea to You
2. You Pitch the Idea to Your Landlord
3. You Pitch the Idea to Your Landlord - Property Manager Involved
Teach online with
3. You Pitch the Idea to Your Landlord - Property Manager Involved
Lesson content locked
If you're already enrolled,
you'll need to login
.
Enroll in Course to Unlock