Real Estate 77
Enroll at uclaextension.edu or call (800) 825-9971
REAL ESTATE
For more information call (310) 206-2714 or email industrysegementprograms@uclaextension.edu. Educational Requirements for the Real Estate Salesperson and Broker Licenses: UCLA Extension does not administer either of the State of California exams. UCLA Extension offers courses that satisfy all the education require‑ ments for qualifying to take the Real Estate “Salesperson” and/or “Broker” License Exams. For complete information, including licensing requirements, please contact The Department of Real Estate (DRE) at dre.ca.gov. Salesperson License Course Requirements: In addition to the general requirements found on the BRE website, successful completion of three college-level courses is required to qualify for a real estate salesperson examination. For more information visit business.uclaextension.edu/real-estate-2/salesperson-license/. Broker License Course Requirements: For a list of UCLA Extension courses that correspond to the required courses found on the BRE website, visit uclaextension.edu/ BrokerLicense.
MGMT 890.07
Buying and Managing Apartment Buildings for Profit
0.6 CEUs Are you considering buying an apartment building? Do you already own one or more buildings and struggle to get and keep tenants? This course shows you how to buy, own, and operate apartment buildings as a profitable and headache-free business. Learn how to find and select a building to purchase and analyze the financials (using GRM, Cap Rate, Cost Per Door, etc); what support staff to hire; how to do effective marketing of vacancies and select tenants; what forms to use to protect yourself and your investment; advantages and disad‑ vantages of rent control; low cost items to make your property appeal‑ ing; what repairs and maintenance you can do yourself such as clearing a drain, changing locks in 15 minutes, or replacing light switches; when to hire a professional for repairs or management; when to increase or decrease rents; choosing to allow or deny pets; tax deferred exchange rules; and much more. Reg# 386598 Fee: $250 No refund after 17 Aug. A Remote 2 mtgs Saturday, 9am-12:30pm, Aug. 13 & 20 Remote Classroom Rennie Gabriel, BA, CLU, CFP , president, The Financial Coach, Inc.
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MGMT 890.16
Real Estate Boot Camp
0.7 CEUs This seminar covers everything you need to know to start investing in real estate. You learn the basic terms of the business, as well as how to use Microsoft Excel to do financial models and analyze poten‑ tial investment opportunities. Topics include the property ladder, basic terms, investment analysis, “how do I know if this is the right deal,” and 1031 Exchanges and tax implications. By the end of the course, you should have the knowledge you need to start building a passive income stream you can use to pay for your kid’s college tuition and your retirement. Prerequisite(s): Students are expected to have basic knowledge of Excel. kkk
Reg# 386599 Fee: $365 No refund after 15 July. A Remote 2 mtgs Saturday, 9am-1pm, July 16 & 23 Remote Classroom Visitors not permitted. Luis A. Gomez, MBA, PE
Reg# 386615 Fee: $830 No refund after 25 June. mOnline 11 mtgs June 21-Sept. 11 c Tony Papillo, attorney, real estate broker, CAR Certified Forms Trainer
MGMT X 475.1
5.0 units This course surveys the concepts, methods, and techniques of financ‑ ing residential and non-residential real estate while also identifying and analyzing the various instruments used for such purposes. Instruction covers sources, characteristics, and parameters of mort‑ gage capital; fixed, variable rate, and other alternative types of mort‑ gages; government-assisted financing (such as VA, FHA, and SBA); the secondary mortgage market; mathematical analysis of finance transactions (amortization, loan constants, present and future value, compound interest, APR, capitalization rates, debt coverage, and other financial ratios and ways of determining yield); loan underwriting, processing, closing, and servicing; foreclosures and alternatives thereto (such as short sales) and related antideficiency law issues; guaranties; construction, bridge, permanent, wraparound, mezzanine, and leasehold financing; impact of how title is held and real estate tax effects; comparison of investment choices, both before and after taxes are factored in; plus syndication and other equity sharing issues. Case studies for financing proposals for single-family, multifamily, and commercial transactions are featured. Prerequisite(s): MGMT X 475.1 Real Estate Principles or consent of instructor. Reg# 386616 Fee: $830 No refund after 25 June. mOnline 11 mtgs June 21-Sept. 11 Jayson Crouch, MBA
Real Estate Principles
5.0 units This practical study of the basic principles, economic aspects, and laws of real estate covers the information needed to obtain a real estate license and/or for better management of personal invest‑ ments. Topics include legal descriptions and estates; encumbrances, liens, and homesteads; agencies; contracts; mathematics; financing and lenders; appraisals; escrows; title insurance; leases, landlords, and tenants; urban economics and planning; taxation; and careers in real estate. Reg# 386613 Fee: $830 No refund after 5 July. F Hybrid (In-Person) 6 mtgs In-Person Wednesday, 6-10pm, June 22; July 6 & 13; Aug. 3, 17 & Aug. 31 UCLA Extension Gayley Center: 1145 Gayley Ave. Online June 29; July 20 & 27; Aug. 10 & 24 Enrollment limited. Robert Keller, MArch, MSRED, broker, Warner Center Realty Reg# 386614 Fee: $830 No refund after 2 July. mOnline 11 mtgs June 28-Sept. 11 .Enrollment Limited. Tracy Green, DBA, MSIRE, MPA, author, broker, specializing in brownfields, distressed properties, loss mitigation, and sustainable development
MGMT X 475.2
Real Estate Practice
5.0 units This course covers the elements of day-to-day real estate sales and brokerage practices, emphasizing the selling process and the handling of a real estate transaction from listing to closing escrow. Topics include securing and qualifying listings and prospects, advertising, financing, closing the sale, and expediting the escrow. Additionally, the course covers owning and operating a real estate business, managing salespeople and office personnel, budgeting, and develop‑ ing and maintaining effective community relations. Prerequisite(s): MGMT X 475.1 Real Estate Principles or consent of instructor. kkk
MGMT X 475.4
Real Estate Finance
MGMT X 475.5
Real Estate Appraisal
5.0 units This course surveys the principles and tools of appraising various types of real estate, as well as provides an analysis of value, price, property, and legal rights. Topics include principles of valuation; the real estate market; the relationship between real estate values and economic, social, and government trends; economics of urbanization, including location, value, and use potential; neighborhood analysis; site utilization and property value; estimating site value; the relation‑ ship of construction and architecture to cost standards; depreciation; and approaches to cost, market data, and income valuation. Students must complete a demonstration appraisal report. Prerequisite(s): MGMT X 475.1 Real Estate Principles or consent of instructor. Reg# 386617 Fee: $830 No refund after 25 June. mOnline June 21-Sept. 11 Enrollment limited. c David Johnson, MAI, General Real Estate Appraisal
