Landlord Modules

Introduction

Welcome to Foundations Landlord Success. I’m excited for you to get started on your real estate investing journey with rental property.

There is a ton of information included in this course. Please don’t get overwhelmed. The information is here for a reason, but take your time learning and growing into the world of being a landlord.

You will have access to the information and be able to use it at any time.

You can also join our private Facebook Group at Foundations Real Estate Academy. Here you will be able to ask questions, share information, get referrals and share your experiences with others just getting started as well. There are industry professionals in this group with years of experience who will help you along the way.

I’m Laurie Knisely, the creator of this course. I’ve been a landlord for over 3 decades, my entire adult life. I’ve learned the ins and outs mostly by trial and error. My plan with this course is to help you avoid those errors and capitalize on the wealth potential being a landlord can provide.

Rental properties provide two types of income, cash flow and equity realized in appreciation. Buying on speculation is reckless, but so is depending on cash flow to run your rental business. We will discuss the correct way to shelter yourself so that your rental portfolio becomes an asset and not a liability.

Being a landlord is a rewarding experience. Knowing you are providing quality, clean, safe housing for individuals and families while providing a wealth plan for you and your family will make the challenges you may face worth it.

There is a right way and a wrong way to be a landlord. I will share some do’s and don’ts that will help you be a successful landlord and provide great returns for years to come.

This course is going to be different from others. I’ll share experiences and lessons based on real-world situations. I’ll share things to look out for as well, and tips to make things easier you may not think of.

In the contracts and forms section, you will find all the forms you need to provide housing responsibly, while protecting yourself and your tenants.

I’m looking forward to you finding your first rental property and having the experience of providing housing.

The thing I love most about being a landlord is the people. I’ve had great tenants over the past thirty-plus years and I look forward to hearing your stories as well.

Let’s get started!

How this course is designed to work.

Much hard work has gone into this course to include all the information needed so that you can complete a deal. Your success is valuable and important.

I don’t want this to be just another course “sitting on the shelf” of other courses. There’s little fluff. The information is necessary to do deals and that is what I want for you, to DO deals.

It is best to read through the entire course to get a general feel for the information contained. There is a lot of detail and a lot of items that may not seem immediately relevant, but when the time comes, you’ll be thankful they’re here.

Module 2.

The first action that will be necessary is to build your team. A comprehensive list is included. Many may not be important immediately, while some you will need to begin.

Do the homework, you will need people along the way.

Module 3.

Second, you will need resources to help you plan, implement and complete transactions. As with the team members, you may not need all the resources to begin, but in time, you may find they have value along the way.

Do the homework, you will need resources along the way.

Module 4.

The core of the course. It may seem overwhelming, but take your time. Make notes, follow the processes and become familiar with the overall information. Each step, as simple as it may seem, has a reason. The harder steps will become easier as you gain experience.

Module 5.

There are many books about the subject and great information about real estate in general. Learning is a continual process and there is an abundance of information to increase your education. This is a compilation of books that have been helpful to others and would be good to assist you in your journey.

Module 6.

This section is full of contracts and forms both for you to do business and for your protection. Review them, revise them if needed, but use them. Consult your team business attorney to review them with you. It is worth the time and money to conduct your business properly.

To your success!

Resources:

• Start earning steady income, collect your first rents effortlessly with Rentredi.com.  
• Find profitable rentals, make data-driven decisions with RentCast.  
• Find the Right Tenant Every Time with QuickTenantScreening.com.
• Connect with qualified renters and keep payments on track at LandlordAssociation.com.
• Make Confident Rent Decisions with Rentometer.com. Get accurate, real-time market data to price your rental right.  
• Join 3 million investors making progress toward their goals together at BiggerPockets.com.
• Buy, sell, or rent with confidence using real-time listings, home values, and insights at Zillow.com.
• Find trusted local professionals, compare quotes, and get the job done right with Thumbtack.com.
• Get reliable background checks and credit reports to choose the best renters with RentPrep.com.
• Explore up-to-date listings, accurate home values, and expert insights at Realtor.com.
• Access fast, flexible financing for your real estate deals with Rehablend.com.
• Discover motivated sellers, powerful data, and real estate insights with PropStream.com.