Lesson 15: Term Real Estate Investment Project

October 24, 2016

Mon, Oct 24

Review:

• Project Lonestar
• Accidental Liquor Store

Presentation:

• Shark Tank: Real Estate Edition
  • Term Project (in lieu of final paper)
  • You’ve been invited to “pitch” a Real Estate Investment plan
  • Investors are offering up to $150,000 in real estate investment capital
  • You may also use mortgage financing to increase your purchase power
  • Select one or more target properties
    • Pueblo County market only (or request permission for different market)
    • Property must be an “Active” listing on the MLS
  • Use comparable sales analysis to generate valuation estimates
  • Develop an ROI worksheet to analyze potential returns
  • Provide a target purchase price range including “offer”, “accept” and “highest” amounts
  • Decide on an “exit strategy”
    • Examples: buy and hold rental, fix and flip, pay cash + sell w/ owner financing, etc.
    • Investors want to know how/when they’ll get their money back
  • Present investment plan during class
    • Use PowerPoint or other presentation software
    • Presentation should be between 5 and 10 minutes (I will cut you off at 10 min)
  • Presentation Dates: Nov 7, 9, 14, 16, 28, 30
    • 5-6 student presentations per class
    • Sign up for one of the class dates
    • Attendance (when not presenting) will be part of your project grade
    • 2nd Exam may include student presentation material

Assignment:

• Identify your target investment properties for the Shark Tank assignment