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Three years of development.
Two rounds of beta.
More than 750 confident, successful students.
We’ve ruthlessly vetted and fine-tuned this rental property investing course.
We’ve had more than 750 students come through our doors. We’ve gathered tens of thousands of data points in feedback from these students. We’ve made countless rounds of improvements and iterations.
Simply stated, we built this for excellence.
This is the course I would have wanted when I was starting out.
If you want to buy your first rental property, but you have questions, doubts or fears, this is for you.
The real estate investing course, Your First Rental Property, will reopen for enrollment in Spring 2020. Join the waitlist to be the first to know exactly when our doors open again!
Here’s everything you need to know about this course: the who, what, where, when, why and how.
Your First Rental Property is designed for beginner, first-time real estate investors in the United States who want to buy-and-hold residential rental property.
It takes you through, step-by-step, all of the processes you need to know in order to go from beginner to investor.
“Will this course help me if I own rental properties, but have no idea how to manage them?”
Yes. If you’re an accidental landlord, or you don’t feel well-equipped to manage your existing rentals, or if you want to invest in more properties but don’t know where to start, then the material in the course will help.
Basically, if you’ve been winging it as a landlord, this course will give you more confidence to manage your rental property business.
That said, because Your First Rental Property is specifically aimed at beginners who are buying their first or second rental property, we DON’T recommend it for experienced real estate investors.
As the name implies (actually, as the name blatantly states), this is for beginners. Don’t enroll if you’re looking for overly-advanced strategies.
That leads to our next commonly-asked question ...
“Does this class share the secrets to real estate investing?”
OMG give me a break.
There are no “secrets” shared in the course, and if any of those other “gurus” out there claim that they have “secrets,” they’re shady AF because that’s a gigantic load of baloney hogwash.
There are no “secrets” to real estate investing, just like there are no “secrets” to learning calculus or dental hygiene or trumpet playing.
You don’t take a class because the teacher will reveal (imaginary, nonexistent) “secrets.” You take a class because you want a guided, curated set of lesson plans that covers everything you need to know in logical, sequential order. You take a class because you want support and accountability from the teacher, the teachers assistants, and your fellow students. You take a class for access to the resources, spreadsheets, checklists, word-for-word scripts, email canned responses, and the business-in-a-box setup. You take a class for the quizzes that test your knowledge along the way and provide real-time feedback about your strengths and weaknesses. Duh, that’s what a class is.
That’s why you take classes in high school and college, and that’s why you take classes online.
You don’t take classes because someone is going to teach you the “hidden secrets” to anthropology or statistics or dog training. Right?
So please do me a favor and never believe anyone who claims that they’ll sell you a class that holds the “secrets to real estate success.” Barf. If anyone claims to have these, they’re spammy and they’re lying.
Okay, rant over.
“I want to invest out-of-state. Should I enroll?”
Yes. This course is designed for both local and out-of-state investors. Our only assumption is that you live in the U.S. and that you want to invest in residential rental properties anywhere inside the U.S.
People outside of the U.S. are welcome to enroll in the course, and can learn the concepts and high-level critical thinking. But specifics about taxes, laws, banking and resources will be U.S.-based. For example, I don’t know the capital gains tax rate in Sweden. I don’t know the average cost of replacing an asphalt-shingle roof in South Korea. I don’t know about lending requirements from banks and credit unions in Malaysia. Our assumptions within this course are U.S.-centric.
“I’d like to buy a rental property in the next 2-3 years, but I don’t have a downpayment saved yet. Should I enroll?”
Yes, and congratulations on getting a head start. This is an excellent time to learn how to analyze, find and finance deals. If you start learning 2-3 years before you’re ready to buy, you’ll be super-knowledgeable and confident by the time you’ve saved your downpayment. And if you’re ready to buy a rental property soon (like this year), then this is a critical time to learn how to choose a great rental property.
“I’m up to my eyeballs in credit card debt, and I don’t have an emergency fund. Should I enroll?”
Heck NO!! If you are financially struggling, please do not enroll in this course. If you’re stressed about bills and you’re in a tough financial situation, this course is not right for you at this time.
I’ve published hundreds of free articles on my website and 200+ free podcast episodes that can help you save money, earn more, start a side hustle, and get out of high-interest consumer debt. If you’re financially struggling, stick only with my free material. Stabilize yourself first.
“How many Your First Rental Property students buy their first property right after taking the course?”
Great question! We have a handy chart that answers this. We surveyed our students on when they plan to buy their first rental, and they said…
As you can see, most of the students in the course don’t plan on buying their first rental property right away. This makes it hard to answer the question, “How many students have purchased their first property after taking the course?” as many are still in the research and planning stages.
Further, buying the right property is crucial to this process. Rushing to buy a property just for the sake of having one goes against everything I teach in the course.
Getting spared from buying the wrong property is as important — if not more important — than buying the right one.
The course consists of educational videos, audio, transcripts, quizzes, worksheets, forums, checklists for your business systems and processes, word-for-word scripts that you can use when you make calls, canned responses that you can use when you send emails, and direct access to me through six (6) live Q&A Office Hours.
Here’s a 5-minute video that explains what’s inside the course. This video is part of the Welcome and Orientation portion of the course.
This 12-minute video explains it well. The video is part of the Welcome and Orientation portion of the course, and within this video, I discuss why the course modules are arranged in the order in which they are. When you watch it, you’ll get strong insight into what’s inside the course — and why it matters.
The course is online-only. You can access it from any device, at any time.
Enrollment will open again in 2020. Sign up for the VIP waitlist to find out more.
Immediately upon enrolling, you’ll receive full access to the course. You’re welcome to self-pace through the course at your convenience, as there’s no class schedule. However, we encourage you to move through the course with the group, so that you and your fellow cohort of students can interact in the forums, discuss the day’s lesson, bounce ideas off each other, and hold one another accountable for finishing the homework, quizzes and worksheets.
You’ll receive a video lesson, quiz and/or other prompt 5 days per week for 10 weeks. Please set aside roughly 30 minutes per day, or 2.5 hours per week, to learn the material.
Of course, you have unlimited lifetime access to the course, including all future updates. The group pacing is an option, not a requirement. You’re welcome to revisit the lessons anytime you’d like, or take the class at a self-directed pace.
Many students find themselves getting off-sync with the student cohort midway through the material, usually after they get sick, take a vacation or get busy at work — and that’s normal and expected. In fact, we even have a special spot in the forums for our self-paced students. We call it “Turtle Power.” You’ll see.
To save yourself from making an expensive mistake. (I’ve made plenty of those!) You can learn from the school of hard knocks, or you can learn in an online classroom.
Tuition for Your First Rental Property is $997, about the cost of ordering two housing inspections. It’s significantly less than you’d pay for a single class at a 4-year college or university. It’s substantially less than the fees and closing costs of just one refinance.
If this class can save you from losing/forfeiting $5,000 in an earnest money deposit, or if it can teach you to negotiate for an extra $7,000 in closing cost concessions, or if it can prevent you from taking out the wrong type of loan and spending $3,000 in refinancing fees, it will more than pay for itself.
As you continue to make smart decisions about rental property investing, this course will pay for itself over and over again.
If this class can spare you from buying the wrong rental property, just once, it could save you from making a six-figure mistake.
We will re-open for enrollment in 2020! If you’re interested and want more details, please join our VIP waitlist! That’s the place to go for any and all Your First Rental Property updates.
See you in class! — Paula
P.S. Remember to join the free VIP waitlist here. You’ll hear from us when the course opens!