Hawaii Real Estate Investors

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HiREI's 3-Day 1 on 1 Coaching Program Outline

*Please submit a HiREI Coaching Application for consideration into the HiREI Coaching Program. Once we receive that we will contact you within 24-48 Hours to discuss your application.

DAY 1

On the first day, the Coach will get to know you, your financial situation, strengths, weaknesses, current credit worthiness, interests, background, risk tolerance, training received, goals, understand your expectations and what you expect from Hawaii Real Estate Investor’s Coaching Program.

The Coach will determine what basic services, tools products and marketing materials you already have in place and identify any missing components.

The Coach will determine which onsite visits are required during training. These include but are not limited to: any power team member, city planning, section 8, city code enforcement, tax assessor’s office, community development office.

The Coach will evaluate your Power Team, which ones are best and identify which ones need to be found before the Coach departs. Make appointments to interview those missing team members and assists the you with Power Team interviews

The Coach will identify on a map, the low, middle and high end neighborhoods and identify the target areas.

You and your Coach will drive to the area where the you will be investing, locate and analyze individual properties. The Coach will identify properties to market to and properties to make offers on. The Coach will also assist in finding financing and look at the exit strategies for these properties.

DAY 2

The Coach will differentiate property platforms with the you; identify market conditions and your comfort level to determine the favored property platform.

The Coach will go in depth on wholesaling, lease option, rehab/retail and rental strategies. They will cover what money making strategies exist and when to use them. The Coach will show you how money is made in real estate through appreciation (both forced and natural), depreciation and cash flow.

The Coach will teach what advertising is used in which circumstance and what vehicles to advertise in and show various tactics used to find properties and how to farm for property acquisition. The Coach will show you which inventory acquisitions strategies are required for each property to get it under control.

The Coach will demonstrate negotiation techniques and role play interviews with property owners. You will learn how to skillfully, yet compassionately, determine seller motivation by identify key motivators.

The Coach will ensure you understand how to deter-mine if a property has profit potential, where to find the money and which type of money to use in what situation. Detailing how to identify as is value, fair market value (FMV), after repair value (ARV), maximum allowable offer (MAO), repair cost estimation, cash flow analysis, return on investment (ROI), and return on equity.

DAY 3

The Coach will teach what is available to reduce the liability of property ownership.

The Coach will work with you on making offers with a letter of intent and actual contracts. You will understand the major provisions in a contract and the multiple contingency clauses. The Coach will find actual properties in the field and make offers. You will learn how to make offers using a Letter of Intent (LOI) and actual contracts.

You will see how a business plan is put together. Why its components are important. Why this RE business is more than a hobby. You will incorporate your “To Do List” and “Action Plan” into your Business Plan. You will understand how a business plan supports your goals. The business plan will mathematically calculate the date students can leave their jobs. Students will include this date in their goals.

Continuously over three days

The Coach will go out into the field and locate, analyze and make offers on properties, you will experience real estate investing firsthand.

You will drive to the area where you’ll be investing and locate and analyze individual properties. Once you and the Coach have found a profitable property, you will make an offer and write a contract under the direction of the Coach. You will also find financing for the property and look at the exit strategies for the property.

You and the Coach will put all the information about the previous day together and review any concerns or questions you have. Then you will set your goals and establish a plan for success.

Next, if interested, the Coach will show you how to become a full-time investor by establishing a plan to leave your job, replace your current income with passive income, and manage property. The Coach will cover financial planning, keeper and non-keeper theories, property management and other investment opportunities.

Finally, the Coach will leave an action plan with you at the completion of the program.