Real Estate & Housing Literacy for College Coaches

Curriculum: Real Estate & Housing Literacy for College Coaches

This curriculum is tailored specifically for college coaches, focusing on the key aspects of real estate and housing that can impact their financial well-being. It covers essential topics, enabling coaches to make informed decisions regarding their housing needs, whether renting or buying, and exploring investment opportunities.

Module 1: Introduction to Real Estate and Housing

  • Learning Objectives:

    • Grasp the fundamentals of real estate and its relevance to financial planning.
    • Identify different types of real estate and housing options.
    • Familiarize yourself with key terminology used in real estate transactions.

  • Topics Covered:

    1. Understanding Real Estate: Definitions and Types
    2. The Role of Real Estate in Building Wealth
    3. Key Terms in Real Estate: A Glossary
    4. Current Trends in the Real Estate Market

Module 2: Renting vs. Buying a Home

  • Learning Objectives:

    • Analyze the pros and cons of renting versus buying a home.
    • Understand factors influencing the decision to rent or buy.
    • Assess the long-term financial implications of each option.

  • Topics Covered:

    1. Benefits and Drawbacks of Renting
    2. Benefits and Drawbacks of Buying
    3. Evaluating Your Personal Financial Situation
    4. Making the Right Choice: Considerations for Coaches

Module 3: The Home Buying Process for Coaches

  • Learning Objectives:

    • Learn the steps involved in purchasing a home specifically for coaches.
    • Understand the roles of various professionals involved in the buying process.
    • Gain insights into financing options and mortgage types relevant to your situation.

  • Topics Covered:

    1. Home Buying Process: From Search to Closing
    2. Working with Real Estate Agents and Brokers
    3. Understanding Mortgages: Types and Key Features
    4. Pre-Approval vs. Pre-Qualification: What Coaches Need to Know

Module 4: Financing Your Home Purchase

  • Learning Objectives:

    • Explore different financing options available to college coaches.
    • Understand how credit scores impact mortgage rates and terms.
    • Learn about budgeting for down payments and closing costs.

  • Topics Covered:

    1. Types of Home Loans: Conventional, FHA, VA, and More
    2. Interest Rates and APR: What Coaches Should Know
    3. The Importance of Credit Scores in Home Buying
    4. Budgeting for Down Payments and Closing Costs

Module 5: Real Estate Investment Basics

  • Learning Objectives:

    • Understand the fundamentals of real estate investing as a college coach.
    • Explore various investment strategies and options in real estate.
    • Recognize the risks and rewards associated with real estate investments.

  • Topics Covered:

    1. Why Invest in Real Estate? An Introduction
    2. Types of Real Estate Investments: Rental Properties, REITs, and More
    3. Understanding Cash Flow and Return on Investment (ROI)
    4. Assessing Risks and Challenges in Real Estate Investing

Module 6: Managing Rental Properties

  • Learning Objectives:

    • Gain knowledge of property management fundamentals for rental properties.
    • Understand tenant rights and landlord responsibilities specific to coaches.
    • Explore strategies to maximize rental income and maintain properties.

  • Topics Covered:

    1. Overview of Property Management Duties
    2. Tenant Screening and Lease Agreements
    3. Setting Rent Prices and Collecting Payments
    4. Property Maintenance: Best Practices

Module 7: Understanding Property Taxes and Home Insurance

  • Learning Objectives:

    • Learn how property taxes are assessed and what to expect as a homeowner.
    • Understand the importance of homeowners insurance and what it covers.
    • Explore strategies for managing property taxes and insurance costs.

  • Topics Covered:

    1. How Property Taxes are Calculated
    2. Overview of Homeowners Insurance: Coverage and Options
    3. Potential Tax Deductions for Homeowners
    4. Strategies for Reducing Insurance Premiums

Module 8: Legal Considerations in Real Estate for Coaches

  • Learning Objectives:

    • Understand the legal aspects of real estate transactions.
    • Learn about contracts, disclosures, and contingencies.
    • Recognize the importance of legal guidance in real estate matters.

  • Topics Covered:

    1. Key Components of Real Estate Contracts
    2. Disclosures and Contingencies: Essential Knowledge
    3. Working with Real Estate Attorneys
    4. Navigating Zoning Laws and Regulations

Module 9: Sustainable Housing and Real Estate Trends

  • Learning Objectives:

    • Explore trends in sustainable housing and eco-friendly practices.
    • Understand how market trends can influence real estate decisions.
    • Learn about financing options for sustainable home projects.

  • Topics Covered:

    1. Overview of Sustainable Housing Practices
    2. Green Financing Options and Incentives
    3. Current Trends in the Real Estate Market
    4. Future Outlook for Real Estate and Housing

Module 10: Final Assessment and Action Plan

  • Final Assessment: Participants will create a personalized action plan addressing their housing or real estate goals based on the insights gained throughout the course.

  • Certification: Upon completion, participants will receive a certification in Real Estate & Housing Literacy for College Coaches, empowering them to make informed decisions regarding their housing and real estate investments.

This Real Estate & Housing Literacy curriculum equips college coaches with the knowledge and skills necessary to navigate the complexities of real estate, ensuring they can make informed housing decisions that align with their financial objectives.