5-5: Financing Options Part 1: Financing Basics

How To Buy Foreclosed Properties

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Module 1 - Getting Started, Core Concepts, Action Plan

1-1: Welcome! Please introduce yourself here! (3:25)
1-2: How To Get The Most Out Of This Training (2:53)
1-3: Begin with the end in mind with your action plan (1:12)
1-4: What are foreclosed properties? (8:40)
1-5: Why most successful real estate investors invest in foreclosed properties (17:28)
1-6: What does a complete real estate deal look like (9:05)
1-7: Recommended real estate investing strategies for beginners (9:44)
1-8: Who can legally invest in Foreclosed Properties in the Philippines? (1:53)
1-9: What Else do you need to get started with investing in foreclosed properties? (10:31)
1-10: How much money do you need to get started (6:25)
1-11: Top 10 mistakes to avoid for beginning real estate investors (18:10)

Module 2 - Create your real estate investing funnel (find deals that won't waste your time)

2-1 The one thing you must do before searching for foreclosed properties - find a good location (10:22)
2-2: Market Study Part 1: How to estimate market values of land (11:06)
2-3: Market Study Part 2: How to estimate rental rates in your target location (6:50)
2-4: Market Study Part 3: How to estimate demand and supply in your target location (6:03)
2-5: How to estimate if there is room for profit if you flip a property (20:21)
2-6: How to estimate if a rental can be a good deal (12:22)
2-7: Where and how to get listings of foreclosed properties (11:04)
2-8: How build your funnel of foreclosed properties (Plus action steps) (18:51)

Module 3 - Do The Numbers and Find Properties with Real Profit Potential

3-1: How to check if a property really has room for profits (7:21)
3-2: How much does it really cost to invest in foreclosed properties (20:28)
3-3: How to compute for your projected Return On Investment (to help you decide if you will buy a property) (12:57)
3-4: How to compute for the Return On Investment or ROI for rental properties (31:47)

Module 4 – How To Do Due Diligence and Avoid Problematic Properties

4-1: What happens if you don't do enough due diligence (plus due diligence defined) (12:03)
4-2: Too much due diligence is also bad... here's why (4:43)
4-3: The non-negotiables when it comes to due diligence (step-by-step) (47:57)
4-4: Doing a more thorough due diligence (if you have time!) (27:13)
4-5: How To Detect And Avoid Real Estate Investing Scams (Part 1: Why People Get Scammed) (6:24)
4-6: How To Detect And Avoid Real Estate Investing Scams (Part 2: Who Will Scam You, How They Do It) (42:20)
4-7: How To Detect And Avoid Real Estate Investing Scams (Part 3: How To Protect Yourself) (17:39)

Module 5 – How To Purchase Foreclosed Properties From Banks

5-1: Which is better: Auctions or submitting offers? (16:22)
5-2 Up to how much can you offer/bid while still meeting your target ROI? (8:20)
5-3: Attending Bank Foreclosed Property Auctions Step-By-Step (31:45)
5-4: Making Offers And Negotiating With Banks Step-By-Step (19:43)
5-5: Financing Options Part 1: Financing Basics (33:30)
5-6: Financing Options Part 2: Financing Step-By-Step (37:16)
5-7: Financing Options Part 3: Financing Tips (27:32)
5-8: Financing Options Part 4: Frequently Asked Questions (FAQ) (55:00)

Module 6 – Closing the deal

6-1: Overview of closing real estate deals (4:49)
6-2: Closing A CTS Transaction Step-By-Step (26:00)
6-3: Closing A Purchase Financed with a Mortgage Loan Step-By-Step (20:46)
6-4: Closing An All Cash Purchase Step-By-Step (3:39)
6-5: How To Transfer The Ownership Of A Foreclosed Property Step-By-Step (87:35)
6-6: Property Turnover And Acceptance Tips (25:11)

Module 7 – Renovating your property

7-1: Overview and dependencies for renovating a property (13:44)
7-2: Should You Renovate Or Not? (23:50)
7-3: How to find someone to renovate your property (45:47)
7-4: Contractor or Foreman (21:13)
7-5: Renovation Tips (14:13)

Module 8 – Profiting from foreclosed properties

8-1: Flipping Step-By-Step (Part 1) (52:31)
8-2: Flipping Step-By-Step (Part 2) (74:21)
8-3: Flipping Step-By-Step (Part 3) (16:33)
8-4: Rentals Step-By-Step (45:28)
8-5: Brokering Foreclosed Properties (Part 1: Why Broker Foreclosed Properties) (9:28)
8-6: Brokering Foreclosed Properties (Part 2: Step-By-Step) (13:06)
8-7: Brokering Foreclosed Properties (Part 3: Professional Fees And Referral Rates) (8:02)
8-8: Brokering Foreclosed Properties (Part 4: Problems With Brokering And Solutions) (24:49)
8-9: Brokering Foreclosed Properties (Part 5: Tips For Brokering And Long Term Success) (25:04)

Module 9 – Marketing your property

9-1: Introduction To Marketing Your Properties (12:59)
9-2: How To Sell Your Properties Fast (62:06)
9-3: Internet Marketing For Real Estate (Part 1: Why Sell Real Estate Online) (37:49)
9-4: Internet Marketing For Real Estate (Part 2: Online Classifieds And Social Media) (53:37)
9-5: Internet Marketing For Real Estate (Part 3: Your Online Sales Funnel) (15:46)
9-6: How To Conduct An Open House And Sell Quickly (32:05)

Module 10 – Investing for the long term

10-1: What Do You Need For Long Term Success In Real Estate? (42:03)
10-2: Did You Really Make Money? (With Case Study) (28:38)
10-3: How many more and what kind of real estate deals do you need to "win the game"? (w/ case study) (22:05)
10-4: Lessons learned - Case Study on my first successful deal (34:01)

Q and A Webinar Sessions

May 20, 2017 Q and A session webinar (69:13)
May 13, 2017 Q and A session webinar (85:11)
May 6, 2017 Q and A session webinar (86:16)
April 8, 2017 Meetup and Q and A session (2:46)
March 18, 2017 Q and A Session Webinar (87:18)
March 4, 2017 Q and A Session Webinar (106:45)
February 18, 2017 Q and A session Webinar (126:57)
February 4, 2017 - Q and A Session Webinar (115:25)
December 17, 2016 - Meetup Q and A session
December 10, 2016 - Marketing Properties (69:43)
November 26, 2016 - Making money with foreclosed properties (65:56)
November 17, 2016 - Renovating your properties (30:21)
November 5, 2016 - Module 6 (Closing, title transfer, & property turnover) (70:00)
October 25, 2016 - Module 5 (The process of buying from banks) (55:42)
October 1, 2016 - Module 4 (Due Diligence) (95:14)
September 17 - Module 3 (Do The Numbers) (80:47)
September 6, 2016 - Module 2 (Your Real Estate Funnel)) (96:37)
August 27, 2016 - Module 1 (Getting Started) (93:09)

Resource 1: Training information and links to tools mentioned in the training

Training Schedules
Ultimate List of Websites with foreclosed properties
Due Diligence Resources

Resource 2: Real Estate Legal Forms / Contract templates

Download: Offer To Buy Form Sample (Buena Mano/BPI)
Download: Residential tenant application form
Download: Residential lease contract template
Download: Reservation agreement (short version) template
Download: Contract To Sell (CTS) template
Download: Deed Of Conditional Sale template
Download: Deed of absolute sale (with Letter Of Guarantee) template
Download: Authority to sell template
Download: Acknowledgement receipt template
Download: Mortgage Contract Sample
Download: Promissory note sample
Download - Property Acceptance Form sample
Download: Special Power of Attorney (Lease) template
Download: Deed of Conditional Assignment Sample
Download: Letter of undertalking for revocation of SPA

Resource 3: Calculators

Maximum price calculator (based on downpayment)
ARV and % Difference with Selling Price Calculator
1 Percent Rule Calculator
LRA Transfer Fee Calculator

Resource 4: Bank Specific Tips

PSBank tip
Unionbank

Bonus 1: How To Invest In Tax Delinquent Properties

Part 1 - Why buy tax delinquent properties? (5:31)
Part 2 - What Are Tax Delinquent Properties (6:27)
Part 3 - How to buy tax delinquent properties, step-by-step (16:28)
Part 4 - How to get your profits, step-by-step (8:17)

Advanced Topic 1: Closing costs (taxes, fees, loans, and arrears)

Part 1 - Introduction to taxation for foreclosed properties - Are they ordinary or capital assets (2:20)
Part 2 - What is Creditable Withholding Tax or CWT? (20:53)
Part 3 - CWT sample computation (2:01)
Part 4 - Things to remember when paying for CWT (2:25)
Part 5 - BIR One Time Transaction (ONETT) computation sheet for CWT (8:03)
Part 6 - Documentary Stamps Tax (DST) (5:48)
Part 7 - Certificate Authorizing Registration (CAR) (8:57)
Part 8 - Transfer Tax (4:32)
Part 9 - Registration fee and other LRA fees (5:09)
Part 10 - Real Property Tax (RPT) (5:33)
Part 11 - Association dues and arrears (1:47)
Part 12 - Taxes and fees related to home loans (6:13)
Part 13 - Capital Gains Tax (CGT) (24:51)
Part 14 - Exemptions from Capital Gains Tax (11:27)
Part 15 - Frequently Asked Questions related to real estate taxation (4:06)

5-5: Financing Options Part 1: Financing Basics

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