In the current real estate market, one of the best investments you can make is the purchase of a single-family home for the purpose of leasing it. This class provides an overview of keys to rental property success; risks, what works and what might not. It also addresses rental property economics: how to assess the cash flow (income/less expenses) and value (what the property is worth), estimating expenses and rules of thumb to successful buying. Review the Texas standard lease, marketing, tenant selection, and a key to success: how to work with tenants. Rehabbing or making houses ready for rental, estimating and refining costs and how to work with contractors will also be covered.

You've probably seen the late night TV infomercials about real estate investing and you may have bought some books and tapes, but now what do you do? Learn what it takes to start investing in single family houses in Houston. Explore the real estate model, get the needed tools, learn how to find the houses and what to do once you find a potential deal.