Final Investment Case Study

About this course

The capstone of the Real Estate Investor Path. You receive a full offering package, build your underwriting model, write an investment memo and compare your conclusions with the actual outcome of the deal.

What you will learn

• Underwrite a complete acquisition package
• Write a professional investment memo
• Defend key assumptions
• Compare projections with actual results

1. Module 1

   Introduction

   3 lessons
   • Welcome to Final Investment Case StudyVideo · 9 min · Free preview
   • Course Roadmap and Completion RequirementsWritten lesson · 6 min · Free preview
   • How to Get the Most from This CourseWritten lesson · 6 min

2. Module 2

   Core Principles

   4 lessons
   • The Four Sources of Real Estate ReturnVideo · 9 min
   • Net Operating Income and Cap RateWritten lesson · 6 min
   • Cash-on-Cash Return and DSCRVideo · 9 min
   • Knowledge CheckQuiz · 4 min

3. Module 3

   Deal Structure

   3 lessons
   • Choosing a Financing StructureVideo · 9 min
   • Down Payment, Reserves and LeverageWritten lesson · 6 min
   • Ownership Entities and TitleVideo · 9 min

4. Module 4

   Financial Analysis

   3 lessons
   • Building a Pro FormaVideo · 9 min
   • Estimating Expenses RealisticallyWritten lesson · 6 min
   • Valuation with Comparable Sales and IncomeVideo · 9 min

5. Module 5

   Risk Management

   2 lessons
   • Identifying Property-Level RisksVideo · 9 min
   • Market and Liquidity RiskWritten lesson · 6 min

6. Module 6

   Real-World Examples

   2 lessons
   • Example: A Single-Family Rental UnderwrittenVideo · 9 min
   • Example: When the Numbers Look Too GoodWritten lesson · 6 min

7. Module 7

   Case Study

   2 lessons
   • Case Study: The Midwest DuplexCase study · 10 min
   • Case Study Debrief: What the Numbers MissedWritten lesson · 6 min

8. Module 8

   Final Assessment

   2 lessons
   • Final AssessmentQuiz · 4 min
   • Applied AssignmentAssignment · 7 min