Real Estate Investing: Fixing Up Your Rental! | Khari Parker | Skillshare

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Real Estate Investing: Fixing Up Your Rental!

teacher avatar Khari Parker, Real Estate Investor

Watch this class and thousands more

Get unlimited access to every class
Taught by industry leaders & working professionals
Topics include illustration, design, photography, and more

Watch this class and thousands more

Get unlimited access to every class
Taught by industry leaders & working professionals
Topics include illustration, design, photography, and more

Lessons in This Class

6 Lessons (24m)
    • 1. Introduction

      0:56
    • 2. Removing a Toilet

      4:09
    • 3. Installing a Toilet

      4:43
    • 4. Installing Engineered Hardwood: Part 1 Underlayment

      2:46
    • 5. Installing Engineered Hardwood: Part 2 Laying the Floor

      6:48
    • 6. Installing a Window Sill

      4:40
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About This Class

Do you enjoy riding around looking at old houses? Have you always wanted to fix and flip a house but you were not sure where to start? Could you use some extra income in your life? Do you want to make money in Real Estate Investing? Are you a Homeowner, Landlord or Real Estate Investor who would like to save money by doing your own home repairs? Would you like to become knowledgable enough about Home Improvement, to hire the right contractors and know if they are doing their job properly? Would you like to learn how to "Fix" a "Fix and Flip" deal?

If you answered yes to any of these questions, then this course is for you! 

This course will teach you what you need to know to "Fix" many of the common problems that occur in your personal/investment properties. This course is dynamic and new lectures will frequently be added!

Save Thousands of Dollars Fixing Your Own Houses

The knowledge that you will gain from this course can save you thousands of dollars as a homeowner or investor and make you thousands of dollars as a handy man. Not only will you save money in labor costs, but you will save money in holding costs since you will no longer have to wait on contractors to squeeze you into their schedule.

Learn in Real Time

This course will be jammed packed with live action video that comes with in-depth  explanations. In these videos, the contractors take their time making repairs, which will insure that you fully comprehend the lesson at hand. Important concepts will be reinforced throughout the course to make sure that you get a solid understanding.

You will see:

  • Real live installs taking place on real live projects. 

  • Real life improvisation where you have to find shortcuts and work arounds.

  • Days in the field just to watch "general" work being done around construction projects

  • "Behind the scenes" footage of contractors in action!

These aren't just some boring "how to" videos that you can find on YouTube, you're actually getting exposed to real life projects by real life investors, so there's no need to spend hours searching online video sites since all of these videos will be contained in the course and updated frequently.

The ultimate goal of this course is to give you enough knowledge to do your own home improvement OR to give you enough knowledge to know if a contractor is trying to "BS" you or not.

What makes this course unique from the many real estate courses on the market is that it is designed for individuals who want to maintain their day job and who have little knowledge about real estate home repairs. The lessons will teach you the practical knowledge and the "in the field videos" will show you how we apply these principles in real life, to make high quality home improvements. It is a great course that will allow you to learn more about real estate while you begin to gain experience and generate a profit.

This course covers all of the things that I wish I had known when I first began investing in real estate. I have placed an extra emphasis on teaching this course as if we were sitting in the same room, chatting about real estate investing and home improvement.

In this course, I will take you on live "days in the field" where you get to see properties that we have worked on, properties that we are currently working on or properties that local contractors are working on. 

I will be updating this course often with new home improvement information and videos. Besides the extensive knowledge and resources that I provide you in this course, the biggest benefit, in my opinion, is the fact that you have access to ask me and your classmates questions, at any time in this course. As a Bonus, I have partnered with several other Real Estate Investors to create a Facebook Group to assist with questions and networking. Please Feel free to join us there as well in the group named: Happy People Real Estate Investing.

Whether you want to fix and flip a deal, learn more about real estate/home improvement or just network with like minded individuals, this course is for you! Enroll in this course now to get started. You have nothing to lose and everything to gain! Looking forward to the opportunity to interact with you and to help you learn how to make money fixing and flipping real estate!

Meet Your Teacher

Teacher Profile Image

Khari Parker

Real Estate Investor

Teacher

Whether it's online or in-person, I get joy and satisfaction from helping others to learn more about Real Estate! 

In total, online I’m currently teaching over 9,500 students from over 124 different countries! I never dreamed that i’d be able to share my knowledge with so many diverse groups of people. I am extremely appreciative of the opportunity that comes from being an online Instructor. 

The knowledge that I give in my courses come from first hand experience and I teach methods based off of what has allowed me to make money.

I come from a technical/engineering background (BS/MS in Engineering/IT), so you will notice in my courses that I tend to do ... See full profile

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Transcripts

1. Introduction: so chances are you'd like saving tons of money by fixing up your own fixer upper. The problem is, you don't know where to start. You've probably spent countless hours searching the Internet on Lee to find videos that don't truly show you real life projects. If this is your problem than this is the course for you. Whether you're a real estate investor, a landlord or a homeowner, you'll learn what's needed to begin fixing up your house yourself. In this course, we partner with riel contractors to take you behind the scenes to learn the tricks of the trade to fixing houses. This course comes with detailed instructions, videos of my fix and flip projects and tons of coaching. So what are you waiting for? We provide a 30 day money back guarantee so you have nothing to lose. Enroll now and begin learning how to fix your real estate projects. 2. Removing a Toilet: Okay, so in this section, you're gonna learn about moving a toilet. Now, step one, and removing a toilet is shutting the water valve off. As you see here, the contract just shut the water valve off. Now we're moving on to step two. Step Two is removing the water from the toilet. Now there's a number of ways you could remove the water from a toilet. Now, first thing you want to do as you cut the water off is actually flushed a toilet that's going to get rid of most of water now for the remaining water. There's a couple different things you can do. You can either take a paint stick like we're doing right here, and this is the handiwork around. If you don't have a shot back or you can take a water gun pretty much, you use any device that has suction capabilities that you could take the water out of the tank and put it down. Insert a drink. That's all you really need. So now contractors finishing up, getting the last little bit of remaining water out of that tank and down to the drain. And once we're done, this will put the cover back on. Then we'll go down to the toilet bowl to remove the rest of the water from the toilet. Okay, Now we're in a toilet bowl. We're going through applying the same principles of just suctioning out that water now shot back is definitely better. But a lot of times you may not have a shot back around your project, So regular paint stick as we mentioned, it's perfectly fine. It's going to get up all the water. Now, in this case, we're gonna take this water, go dispose of out in the backyard. Reason being is that we've already got all of the excess water out the tank, so we don't want to put any more back in there. Okay, Now we see that we've just about got all of the water out of the toilet bowl. And since all the water is now out of the toilet bowl, it's time to move on to step number three. All right, So step three is disconnecting the water valve. Now what we see are contractors doing here is he's taking the open ended rich, and he's actually unscrewing supply line from the water valve. And after you get it. So it's kind of loose at that point. Kind of unscrew the rest of it with your fingers. So now I want to step for you want unscrew the nuts on the toilet bolts. So we're taking our seen open it in French and just getting those nuts loose. Now, when we have it most of the way loose, we could didn't take the rest of way off about fingers. Keep in mind here. We want to make sure that we never let the open end wrench hit. The toilet is a toilet bowls porcelain. You can easily crack board ship. All right. We're gonna make sure removed the nuts and washers from both sides. And once we're done this well, actually ready to go through and remove the toilet. All right, so now we're actually going to step five. Moving the toilet. Now, the toilet could be pretty happy. So you may want to have a friend help you out if you can. If you haven't been in a gym lately, then you know this is a good work out for you. Okay, so now that the toilet has been removed, may be wondering where in the world. Is that wax rain? Well, the wax ring is actually attached at this point to the bottom of the toilet. Remember, Every time we replace the toilet, you have to put in a new wax. Right now, that's pretty much it. You just remove your first toilet. At this point, you have to find out where you're gonna be supposed toilet and you're all done until you install your new toilet. 3. Installing a Toilet: Okay, So today we're gonna learn how to install a toilet. Now, first step is placing the wax ring atop the flash. As you see here, the contractor placed the wax wearing on type of flans was very important to note. Here is that before you actually place the wax ring, you need to write down the flanks just to make sure that it's clean. Okay? And now what we see is the contract just going around, preparing and cleaning his area. The idea here is that you want to keep a clean area, because once you put down the toilet, it's a lot harder to go behind it, clean it. So that's a pretty basic thing he's doing right now. Just kind of keeping his area nice and tight. Okay. And so what we see now is the contractors actually placing the toilet on top of the boats now noticed the wax ring is in place. So once the tool it goes down on top of wax ring and the boats, it should be secure. Now we're going to see in a few moments. The contract is actually sitting on top of the toilet. It might seem a little strange weird that he's doing this. But what it's doing is making sure that toilet secure and that it's not rocking back and forth. So that's a very important step when you're installing toilets. Okay, so now we see the toilet stable on its not rocket back forth. It's time to put nuts set. So, Cartwright, they just went to grab its tools to we're gonna use at this point is the open ended Richter . Now, before we begin using a wrench, we're going mainly screw the nuts in by hand. So we're gonna place the nuts on top of the boats, and we're gonna screw win on both sides until we can't really screw anymore by hand. Now, once we're done screwing inasmuch weekend by hand, then we're going to grab our open ended wrench Tool, Come. Okay, so now we're taking the open end wrench and we're going to tighten that nut up. Now, here's one important thing to note. As you tighten the nut, make sure your wrench does not hit the porcelain toilet reason being it could very easily cracking if you were to hit the toilet with the rent. So be very mindful of that now, as you feel that not getting tighter and tighter what you wanna do you wanna take? Grab the French by two fingers, See, is our contract. Just show you want to grab a wrench, hold it just by two fingers and continue to tighten it Now when the rich starts to slip out of your hand, when you have a two finger grip, you know that it's tight enough. Once again if you over tighten that nut, you quite possibly cracked that porcelain toilet, so we don't want to tighten too much to see what happened right there. The second the rich slips out of your finger. After you have the two finger grip, you know it's time to stop. But at this point, the contract is doing the same thing just on the other side. He's taking the wrench and he's tightening up the nut Once again. He has to finger grip on the wrench so that once it slips out of your hand, you know it's all done. Okay, on to step four. Now we're gonna reconnect. The supply holds. So you see the contractor he's taken on. He's twisting supply holds back onto the ballot. Now What's gonna happen next is he's gonna need to take the open into wrench and totally tighten it the same way we did the nuts onto the toilet itself. So same rule applies here. We're doing a two finger rule on the open ended French, just to make sure that we don't over tighten it. Okay. And now that we see, that's all, tell you want to step number five? Turn the water valve on. So we see with a contract to turn the water valve on, you see the tank filling up, and now it's all done. You have installed your own toilet. 4. Installing Engineered Hardwood: Part 1 Underlayment: okay, In this lecture, you're gonna learn how to install what we'd like to call engineered Click hardwood. Okay, so Step one is to measure, cut and place the underlayment. Now, the underlayment is nothing more than just a material you put under your hardwood floors and on top of yourself floor, such as your plywood. So the underlayment serves a couple of different purposes, primarily the underlayment stare to provide stability when you actually walk on the floor and also for sound absorption. So that not too much impact is made every single time you walk on top floor. So what we see here is the contractors actually going down and just place in the underlayment. The idea here is, after you actually measure, place your underlayment, then you're gonna go through when you're gonna make sure it fits up against the wall properly and you're gonna take your utility knife, you're gonna just cut away the pieces that overlap. This way, you get a nice snug fit up against the wall. So here we see our contract is going through just finishing up the cutting of the underlayment. So this doesn't usually take too long, usually 30 seconds a minute. Um, if you've done it a couple times, probably a little quicker. If it's your first time doing it may take a little bit longer, but it's not too hard to do what you can see right here. Okay, so we're going to speed this up a little bit to save us a little bit of time in this video . Okay, so now for Step two, this is the fun part. We're gonna staple the underlayment to the plywood sub floor. So here we see the contrada has a staple gun he's going through when he just putting staples all throughout Just to make sure that the underlayment states nice and tight on the sub floor, notice how he's going around the perimeter also is making sure he's getting spaces in the middle. And now we see the contractor doing is he ran out of statements for a staple gun. So he's just putting some more staples in a stable, okay. And now the we get the idea of how stapling the underlayment to the self little works, we're gonna do a quick speed up on this video. Okay, so we're pretty much done here Now you see the contract which is going through and cleaning up the work area, we're about to put down the hardwood floors. 5. Installing Engineered Hardwood: Part 2 Laying the Floor: Okay, so welcome back to part two of installing your engineered click hardwood floors. In this lecture, we're gonna layout flooring on top of the underlayment. Step one starts by measuring and cutting the wood. In this case, the wood is just slightly too long for our bathroom. So the contract to mark the cup point on the wood and now he's taking it over to the miter Saw to make this precision cut. Okay, At this point, the contractors just setting up his work area will speed through that really quickly. And now it's time to cut. Okay, so here we see the contractor started a piece of wood. It's going to go around the edge of the door. So with contractors doing the contractors, pencil is marking the overlap so that he knows exactly where he needs to measure from and make the cut so that the piece of wood wraps around the door properly. And now that he's marked off and make measurements now he's gonna go over to the miter saw and make the cuts. Now, one important thing to note is that whenever we're making these horizontal cuts were usually using the miter saw whenever We're making the vertical cuts that run the length of the board. We're gonna use a table saw. Okay, so now the contractors getting set up to make the cut with table salt. Okay, So notice how to contract a cut just to the point where he marked on the board. Now we see our contractors installing board right under the door, and it fits in perfect. Okay, Now we're on to step two. We're gonna begin placing the world. At this point. It comes pretty easy and pretty repetitive. We just take each board inserted into the other board until we hear it. Click. Okay, so now we have to actually cut a piece of the board so we could get a small little piece of the border on the edge on the key here is that we want to leave about 1/2 inch of space between the wall and the floor in the reason why I want to do that is because we have the laugh expansion that comes over time as the floors exposed to heat. So as we saw earlier, we're going to use a table saw to cut the vertical link of this board There we go. We have a nice fit with about 1/2 an inch between the wall and the board. Okay, so now the contractors using a jigsaw reason why we use a jigsaw is if we need to cut, like, circular designs or circular patterns or just a circular cutout within a piece of wood. Now, the idea here is that he's gonna take this and place it around the planet. Okay, so now it's going to speed the video up a little bit as our contract finishes up the remaining part of this floor. - Okay , so now our contractors place in the last piece of wood onto the floor. You take a look at it. It looks really nice. Didn't take too long to do. And it didn't take too many materials. If you think about it, we had to get re engineered hardwood floors, measuring tape, miter saw a table salt, and also a jigsaw. And most of these tools you're gonna use around other projects around your home anyway, So it definitely didn't require any specialty tools to put down this floor. I hope you enjoy learning how to put down the floor. Let's move on to the next video 6. Installing a Window Sill: Okay, So today we're gonna learn how to install a window sell. First step is measuring for the sale. Okay, so here we can see our contractor. He's showing exactly how we measure for the sell. The basics of how we do this is we take the inside measurement of the window, and then we add that to the width of that window trim for both sides of the window. And then we add on another inch to both sides of our window to allow for ourselves overlapping our window. Okay, so now we see that our contractors about to measure and mark the center of this piece of wood. - And now we see how contractors measuring to find the center of the window. Now, after the contractor makes his cuts, all he'll need to do with lineup a center of the window with the center of the wood. - Now we see our contractor is actually measuring the depth of the window. Now, the idea here is that there's additional cuts that need to be made depending on how deep the window goes. Okay, so now we're gonna see our contact active my sleep. Okay. And now we're gonna actually secure the sail to the window by using a nail gun toe, mail it into the window frame, and there we have a beautiful windows.