Real Estate Fundamental: Market Research & Property Analysis
Description:
Welcome to Real Estate Fundamentals: Market Research & Property Analysis course. This is a comprehensive tutorial designed to equip you with the essential skills and knowledge required to succeed in real estate business. This course covers basic market research, property valuation techniques, financial modelling for real estate, and key metrics to evaluate investment opportunities. Whether you are planning to buy a property or just intending to explore opportunities in the real estate market, this course will help you to make more informed and data driven decisions. In the introduction session, you will learn the basic fundamentals of real estate investing, such as getting to know different types of investments, understanding common risks involved, and learning how economic factors like interest rates and inflation impact the market. Then, in the next section, you will learn how to conduct extensive market research for real estate. We will be focusing on key metrics like median sale price, rental yield, vacancy rates, demographic data, days on market, and foreclosure rates. Additionally, we will also leverage Perplexity AI to automate some of the market research tasks, making the process more efficient and straightforward. Afterward, we will learn how to conduct property analysis and valuation, using Crexi as the primary tool. This will enable us to understand market trends and apply data-driven insights to determine a property’s true value. Following that, we will learn how to build real estate financial models and conduct risk analysis, using spreadsheets to model different financial scenarios, including revenue stream, ROI, and cap rates. This will enable us to assess the financial viability of properties and make better investment decisions. Then, in the next section, we will apply our knowledge to a case study by selecting one property from Zillow and another from Redfin, and using the concepts learned to analyze their market potential. This will enable us to compare properties across different platforms and develop practical skills for evaluating investment opportunities. The next section will cover taxation and regulations, specifically, we will explore the various taxes that impact real estate investments and how to navigate regulatory environments, helping us optimize our investment strategy while minimising legal and financial risks. This will empower us to make informed decisions and safeguard our investments. Lastly, at the end of the course, we will learn how to use Julius AI to automatically analyze real estate market data and extract valuable insights. You will be able to ask any question about the data, and the AI will provide the answers.
Before getting into the course, we need to ask these questions to ourselves, why should we learn about real estate business? Why does this sector have a good prospect? Well, here is my answer: Real estate offers the potential for passive income, allowing investors to earn steady income with minimal active involvement. With the right strategy, it can generate long term growth, providing financial security and stability. Additionally, real estate tends to appreciate over time, making it a sustainable asset that can yield consistent returns, even in fluctuating markets. It also offers tax benefits, such as deductions on mortgage interest and property taxes, which can enhance your overall financial strategy. Furthermore, real estate provides diversification to your portfolio, reducing risks by balancing other investments.
Below are things that you can expect to learn from this course:
Learn the basic fundamentals of real estate business, such as getting know different type of real estate investments, common risks involved, how interest rate and inflation impacting the market
Learn about real estate market research metrics such as median sale price, rental yields, vacancy rates, demographic data, days on market, and foreclosure rate
Learn how to analyze real estate market using Crexi, Placer AI, and X Map AI
Learn how to conduct real estate market research using Perplexity AI
Learn how to conduct real estate supply demand analysis and comparative market analysis
Learn about property valuations methods using income approach and cost approach
Learn how to analyze location and demographics using Neighbourhood Scout
Learn how to calculate cap rate, COCR, and return on investment
Learn how to build real estate financial model in Google Sheets
Learn about real estate risk assessment
Learn about real estate debt and leverage, specifically comparing fixed rate mortgage and adjustable rate mortgage
Learn how to analyze a single family home from Zillow
Learn how to analyze apartment unit from Redfin
Learn how to calculate property tax, capital gain tax, and rental income tax
Learn about real estate regulations, zoning laws, landlord tenant laws, and environmental regulations
Learn how to analyze real estate data using Julius AI