Frequently Asked Questions
Everything you need to know about getting started, the course, and real estate investing the right way.
Getting Started
Q: I’m a complete beginner. Is this course for me?
A: Yes—this course is designed specifically for beginners (0–2 deals). We start with the basics and build step-by-step.
Q: How much capital do I need to start?
A: It depends on your strategy. Wholesaling requires little to no capital. Buy-and-hold and fix-and-flip require more. We cover low-capital strategies (wholesaling, creative financing) in the course.
Q: Do I need a real estate license?
A: No—you don’t need a license to invest in real estate. (But always check local laws and use proper contracts.)
Q: What markets does this work in?
A: The principles work in any market. You’ll learn how to define your buy box and adapt to your local market conditions.
Money & Financing
Q: What if I don’t have good credit?
A: We cover creative financing strategies (subject-to, seller financing, hard money) that don’t rely solely on your credit. You’ll also learn how to build relationships with private lenders.
Q: What’s DSCR and why does it matter?
A: DSCR (Debt Service Coverage Ratio) measures whether a rental property generates enough cash flow to cover the mortgage. Example: If your mortgage payment is $1,000/month and the property generates $1,200/month in rent, your DSCR is 1.20 (1,200 ÷ 1,000 = 1.20). We use a 1.20+ minimum to ensure deals actually cash flow—meaning you have a 20% cushion for vacancies, repairs, and unexpected costs. No forcing bad numbers.
Q: Can I use my retirement account (IRA, 401k) to invest?
A: Yes—self-directed IRAs and solo 401(k)s are options. We touch on this in the course, but you’ll need to work with a custodian and follow IRS rules.
Q: What does “subject-to” mean?
A: Subject-to financing means you buy a property “subject to” the existing mortgage—the seller’s loan stays in place, and you take over making the payments (with the seller’s permission). It’s a creative financing strategy that requires proper legal structure and disclosures. We cover this in Module 9.
Q: What’s “seller financing”?
A: Seller financing means the seller acts as the bank—instead of getting a traditional mortgage, you make monthly payments directly to the seller based on terms you negotiate. It’s another creative financing option covered in Module 9.
Q: What’s “hard money”?
A: Hard money loans are short-term, high-interest loans from private lenders (not banks) secured by the property itself. They’re often used for fix-and-flip deals when you need fast funding. We cover how to find and work with hard money lenders in the course.
Legal & Compliance
Q: Is this course legal advice?
A: No—this is educational content only. Always use proper contracts, attorney review, and comply with local laws. We provide templates and checklists, but you must adapt them to your jurisdiction.
Q: What about disclosures and compliance?
A: Compliance is emphasized in every module. We provide a disclosures checklist and teach you how to stay legal—but you’re responsible for following local laws and working with an attorney.
Q: Do I need an LLC or entity?
A: It’s recommended for liability protection, but not required on Day 1. Module 2 covers entity setup, banking, and insurance.
Systems & Tools
Q: What tools or software do I need?
A: Basic tools: spreadsheets (Google Sheets or Excel), a CRM (free options available), and email. We provide templates and analyzers you can use immediately.
Q: Do I need a team before I start?
A: No—Module 5 teaches you how to find, vet, and build your team (agents, lenders, attorneys, contractors) as you go.
Q: What if I’m not tech-savvy?
A: The systems are simple—spreadsheets, checklists, and basic tools. If you can use email, you can use these systems.
Q: What tools or software do I need?
A: Basic tools:
- Spreadsheets (Google Sheets or Excel) for deal analysis and tracking
- CRM (Customer Relationship Management software—free options like HubSpot or Streak) to track leads and follow-ups
- Email for communication
- We provide templates and analyzers (like DSCR calculators) you can use immediately—no fancy software required.
Results & Expectations
Q: Will I close a deal in 90 days?
A: We don’t guarantee results. Some students close deals in 30–60 days (wholesaling); others take 60–120 days (buy-and-hold). It depends on your market, effort, and execution.
Q: What if I don’t find a deal in 90 days?
A: The course teaches you the systems to keep going. Real estate is a long-term game. You’ll have the tools to continue building deal flow and making offers beyond Day 90.
Q: Can I make money without closing deals?
A: Yes—wholesaling allows you to assign contracts and earn assignment fees without ever owning the property.
Still Have Questions?