Are you a female entrepreneur wanting to buy a home, or invest in real estate, and become a landlord? This series of five webinars can help you make better real estate investment decisions concerning personal or commercial property.
What is Money 101?
Calling all women entrepreneurs -
Do you want to take the “Fear out of Finance?” Enroll in Money 101, a five-segment financial literacy program designed for women and conducted by Diane Drey, a certified SCORE mentor.
Segments include Foundation, Investments, Taxation, Real Estate, and Money and Life Cycles. Each Segment consists of five two-hour classes. The segments can be taken in any order and are independent of each other. All classes are live on Zoom. Once you pay for a segment, you can take that SAME segment over again for FREE!
See Real Estate Segment Session Details >>
Registration is limited to keep the classes intimate. Sign Up Now!
Date
Wednesdays, May 14, 21, 28, June 4, 11, 2025
Time
All sessions will be held from 4:30pm - 6:30pm EDT
Cost
$125 for all five sessions
EARLY BIRD PRICING: $100 if you register before May 1st!
Women who are considering buying real estate for personal or investment purposes.
After these interactive webinar sessions, you will have the resources and knowledge to:
- Identify the financial resources and steps needed to make an informed real estate purchase
- Understand critical clauses in a purchase contract and items to negotiate and incorporate into an addendum
- Evaluate different mortgage offers to select the best offer
- List documents needed to obtain a mortgage and factors banks use to evaluate your application
- Project ongoing ownership expenses, including tax savings and commercial property
- Choose appropriate title insurance and property owners’ insurance to protect your interests
- Understand the costs of selling real estate, when it comes time to exit.
- Identify the professionals you will need to make the purchase
- Discuss reasons for using real estate to diversify your investments, and ongoing management responsibilities
Class 1: Rent vs Purchase
- What is motivating you to invest in real estate?
- The difference between investing in a primary residence, part-time vacation residence, commercial property for your business, and rental investment property
- Financial resources you need in advance of a purchase
- Comparing primary residence cost or renting to the cost of home ownership – primary
- Will you save on taxes by being a homeowner?
Class 2: Finding a Property
- Researching properties – the fun part – where to look – using Zillow, streeteasy, realtor.com
- Using a broker – pros and cons, understanding commissions, what is FSBO
- Factors to consider in your search – how to research the area
- Difference between a Cooperative and a Condominium
- Understanding the Co-Op or Condo’s financial statements – with Focus on accounts receivable, accounts payable, and reserve funds. Risks if the building relies on rent from commercial tenants.
- Interviews by Co-op and Condo Boards
- Flip taxes and assessments
- Professionals you need on your team (attorney, accountant, insurance broker)
Class 3: Purchase Agreement
- Purchase Agreement – key clauses (Inspection Dates, Mortgage Contingency Date)
- Timing: Attorney review, Hiring a Home Inspector, Applying for a mortgage
- Reading the Cooperative or Condominium By-Laws
- Closing fees – what to expect (utility measurements, real estate pro-rating)
- Securing Insurance before closing
- Capital Gains Tax exemptions when selling your primary residence
Class 4: Shopping for a Mortgage
- Mortgage Brokers vs. Going Direct to a lender
- Pre-Approval and Pre-Qualification letters
- How much can you afford?
- Paperwork to gather in advance of an offer,
- Factors that are important in Shopping for a Mortgage – interest rates, adjustable vs. fixed, term, origination fees/points, other fees,
- What is meant by “escrow,” and how is it calculated
- Prepayment penalties, subordinated debt, balloon payments.
- Review of a closing settlement statement
Class 5: Investment Real Estate
- Investment real estate – how commercial mortgages differ
- Determining cash flow and break even
- Understanding Depreciation expense
- Management – Self-Managed vs. hiring a Property Manager
- Finding tenants- broker vs. doing it yourself, applications, and credit checks
- Security Deposits – new laws limit what can be requested
- Recent changes in the laws which are more protective of tenants
- Eviction challenges
- 1040 Tax Return – Schedule E – for rental properties
- Selling the property, exit expenses, capital gains tax, depreciation recapture tax, Real Property transfer taxes,
- Alternate ways of becoming a diversified real estate investor (REIT’s)
BEFORE YOU REGISTER, please be certain you can:
- Attend all 5 sessions in the course. This represents a commitment to yourself and others in the group
- Work in front of a full-screen computer, allowing screen sharing in a quiet area to allow you to concentrate
- Agree to complete pre-work before each session. Optimizes your learning experience by enabling you to discuss concepts and examples with your peers and instructor. Pre-work should take approximately 2 hours before the second, third, fourth and fifth sessions.
- Use a calculator or application if needed to make math calculations.
- Complete the PRE-CLASS Questionnaire upon enrollment. The Questionnaire helps assess your current financial knowledge so sessions meet your needs. You will receive the link to the questionnaire AFTER enrollment.
Diane was formerly CEO of a New York Metro bottled water manufacturing and distributing company. Her expertise is in financial planning and marketing. She holds an MBA in finance and has over 30-years’ of experience running her own firm. She light-heartedly calls herself the "Money Lady" and focuses on business owners achieving profitability.
Are you ready to take the fear out of finance and plan for your financial future? Seats are limited; claim your spot now!
