CAMPUS VISITING HOURS BY APPOINTMENT ONLY:

1st-18th each month AM times, M-F

19th-end of the month PM times, M-F

Visiting hours need to be scheduled in advance|

DAILY TEACHING & HOURS OF OPERATION: 9 AM - 9:45 PM, M - F

WE OFFER OVER

25+

PROGRAMS

WE HAVE SERVED

12000+

STUDENTS

VETERAN STAFF

40+ Years

INDUSTRY EXPERIENCE

PROUDLY PROVIDING

23+ Years

OF EDUCATION

CHECK OUT OUR MONTHLY SPECIALS

WHY DO WE STAND OUT ABOVE THE REST?

We are a fully licensed Real Estate School within Illinois, that offers quality, student-centered on-ground (live in person or live webinar), home-study, or online (computer-based reading) real estate classes for real estate brokers, managing brokers, post license and continuing education (CE) throughout the state of Illinois and nationwide online.

We also partner with affiliated schools that provide nationwide education for mortgage brokers and appraisers. In addition, our various affiliates can provide real estate education to assist you in securing licensing in additional states. All of the courses, whether directly through Inland Real Estate School or our affiliates are proven successful and are the best prep resources available to further your career aspirations.

There are a number of real estate school choices capable of helping you to start your new career, however your future is important enough that you’d should not leave the choice to chance. Select a proven provider of quality education and trust only the best real estate school in Illinois.

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You can expect:

Higher than average pass rate on the Illinois state licensed examination

Over 60+ years of combined staff experience providing education and training to the Illinois real estate market

Our school isn’t run by brokers or investors, our team possesses formal educational degrees plus practical real-life experience educating our students.

Our instructors respond to our student’s questions and inquiries in a timely manner and are available via the phone or email

Our updated flexible course options provide our students with the flexibility of selecting a program that meets their schedule and time availability.

Our programs are available through live classroom presentation, live webinar & home study formats.

Our passionate experienced, dedicated faculty has over 40 years of experience in residential and commercial real estate as a broker & managing broker

We have developed programs and effective methods of presentation that are proven to work

Available 1-on-1 tutoring should the student need additional assistance

Whether you are in Inland Real Estate School student or coming to us from another school, we provide real customer service, backed by the guidance you need to get through the program as well as the State exam

The best reading material available in the industry designed to help you understand the concepts to further enhance your understanding in preparation for the state exam

Having a school run and owned by 2 proven successful educators with actual market experience makes all the difference in your learning and passing the state exam; our results and referrals show it

WHY WE ARE DIFFERENT?

Welcome to Inland Real Estate School, Inc. When you invest in us, we will invest 110% in you!

As a new real estate broker, you will need to create your own identity. This will include determining what area you wish to specialize in. Part of that can include referencing your experiences from the school you attended.

Few schools have earned a reputation for supporting their students beyond the completion of their pre-licensing course and inland is the most credited Illinois real estate school when it comes to that stake. Inland Real Estate School has developed a reputation for supporting our students long after they’ve completed their education by providing consulting services focused on helping you develop your reputation and identity in order to enhance your future career.

Welcome to Inland Real Estate School, Inc. When you invest in us, we will invest 110% in you!

As a new real estate broker, you will need to create your own identity. This will include determining what area you wish to specialize in. Part of that can include referencing your experiences from the school you attended.

Few schools have earned a reputation for supporting their students beyond the completion of their pre-licensing course and inland is the most credited Illinois real estate school when it comes to that stake. Inland Real Estate School has developed a reputation for supporting our students long after they’ve completed their education by providing consulting services focused on helping you develop your reputation and identity in order to enhance your future career.

Read More

Our passionate experienced, dedicated faculty has over 40 years of experience in residential and commercial real estate as a broker & managing broker

We have developed programs and effective methods of presentation that are proven to work

Available 1-on-1 tutoring should the student need additional assistance

Whether you are in Inland Real Estate School student or coming to us from another school, we provide real customer service, backed by the guidance you need to get through the program as well as the State exam

The best reading material available in the industry designed to help you understand the concepts to further enhance your understanding in preparation for the state exam

Having a school run and owned by 2 proven successful educators with actual market experience makes all the difference in your learning and passing the state exam; our results and referrals show it

COURSE OFFERINGS

A BRIGHTER FUTURE AWAITS

Illinois Broker
Pre-License

75-HOUR PROGRAM
HOME STUDY

LIVE ONLINE

ILLINOIS MANAGING BROKER

PRE-LICENSE
PROGRAM HOME
HOME STUDY
LIVE ONLINE/CLASSROOM

Illinois Broker
Post License

30-HOUR PROGRAM HOME STUDY LIVE ONLINE/ CLASSROOM COMBINATION

TUTORING STUDY AIDES AND ADDITIONAL SERVICES

ONE ON ONE & GROUP EXAM PREPARATIONS IN-PERSON & WEBINAR

REAL ESTATE INVESTING COURSES

FUNDAMENTALS OF ANALYZING REAL ESTATE INVESTMENTS

COURSE OFFERINGS

A BRIGHTER FUTURE AWAITS

ILLINOIS BROKER PRE-LICENSE

75-HOUR PROGRAM

LIVE ONLINE

ILLINOIS MANAGING BROKER

PRE-LICENSE

45 HOUR PROGRAM

HOME STUDY

LIVEONLINE/CLASSROOM

ILLINOIS BROKER POST LICENSE

30-HOUR PROGRAM HOME STUDY OR

45 HOUR ONLINE/ CLASSROOM COMBINATION

TUTORING STUDY AIDES

ONE ON ONE & GROUP EXAM PREPARATIONS IN-PERSON & WEBINAR

REAL ESTATE INVESTING COURSES

FUNDAMENTALS OF ANALYZING REAL ESTATE INVESTMENTS

NATIONWIDE PRE-LICENSING & CONTINUING EDUCATION

INCREASE YOUR MARKETING EFFORTS, SECURE A LICENSE IN OTHER STATES ACROSS THE COUNTRY

NATIONWIDE MORTGAGE BROKER PRE-LICENSE

CONTINUING EDUCATION NMLS APPROVED VENDOR, MLO ONLINE WEBINARS

NATIONWIDE APPRAISAL & CE

ADD A NEW PHASE AND BECOME A PROFESSIONAL REAL ESTATE APPRAISER

LICENSE RECIPROCITY

ADD AN ADDITIONAL LICENSE TO EXPAND YOUR MARKETING WORLD

SCHOOL PARTNER PAGE FOR INLAND STUDENTS AND FRIENDS

NETWORKING CRITICAL ELEMENT TO BUILDING A SUCCESSFUL CAREER FIND A PROFESSIONAL PARTNER TO HELP FILL THE NEEDS OF YOUR CLIENT

ILLINOIS CONTINUING EDUCATION

12 & 24 HOUR

PROGRAM LIVE ONLINE/CLASSROOM, WEBINAR & HOMESTUDY

NEW BUSINESS SERVICES

START YOUR NEW BUSINESS WITH A LINKEDIN PROFILE, TWITTER, BUSINESS FACEBOOK

MORE COURSES COMING SOON

CHECK BACK OFTEN FOR NEW COURSE OFFERINGS HERE AT INLAND REAL ESTATE SCHOOL

WHAT TO EXPECT FROM OUR REAL ESTATE CLASSES?

  • 24/7 Online Course Access
  • Practice Online Exam Questions
  • Automated Reminders

  • Preparation to Pass the State Exam on First Attempt
  • Progressive Tracking Notification
  • Live Instructor Assistance

FLEXIBLE PAYMENT OPTION

You have options to choose from to pay your tuition

  • CREDIT CARD
  • CHECK
  • MANY CREDIT UNIONS OFFER LIFESTYLE LOANS THAT CAN BE USED FOR EDUCATIONAL PURPOSES
  • PAY WITH AFFIRM-OPPORTUNITY TO QUALIFY FOR 0% INTEREST AND/OR PAYMENT PLAN

  • CASH
  • PAYPAL
  • PAYPAL 6-MONTH NO INTEREST PAYMENT PLAN ONCE QUALIFIED
  • STRIPE

What clients say about us

''By far the best class I have taken. I tried to get my broker license before but gave up because I was not given much instruction not did I have anyone to ask questions to.''

~ Carol F.

''Dave is a very effective teacher! He Makes the information easier to remember with his stories and experience. He teaches at a a good pace and is very accommodating to his students!''

~ Krystle B.

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LATEST BLOGS

LATEST BLOG

From Purchase to Profit: Navigating the BRRRR Method in Today’s Market

From Purchase to Profit: Navigating the BRRRR Method in Today’s Market

July 09, 20244 min read

Start your journey to a successful real estate career today by enrolling in one of our comprehensive courses at Inland Real Estate School.

From Purchase to Profit: Navigating the BRRRR Method in Today’s Market

From Purchase to Profit: Navigating the BRRRR Method in Today’s Market


Photo by Freepik

The BRRRR strategy stands as a formidable approach for achieving success in real estate investing. It emphasizes the acquisition of undervalued properties, which are then renovated, rented out, refinanced, and the process repeated to build wealth. This method requires a keen understanding of the market, a solid plan, and precise execution. In this article, we highlight actionable advice for real estate investors looking to utilize this strategy effectively.

Create a Detailed Plan

Having a clear and detailed plan is essential for navigating the BRRRR process. This plan should outline your goals for each phase of the strategy, including the acquisition of properties, the scope of renovations, criteria for potential tenants, and the refinancing process. Setting specific, measurable objectives allows you to track your progress and make informed decisions. A well-structured plan ensures that you remain focused and disciplined throughout your investment journey.

Research Area Neighborhoods

Choosing the right location is paramount for the BRRRR method to work effectively. It involves thorough market research to identify neighborhoods with high rental demand and potential for property appreciation. Factors such as local employment rates, amenities, and school districts play a crucial role in this analysis. Focusing on areas poised for growth can dramatically increase the likelihood of investment success.

Understand the Numbers

A thorough financial analysis underpins every successful BRRRR investment. Before committing to a property, calculate all associated costs, including purchase price, renovation expenses, and potential rental income. This analysis helps you understand the property's cash flow prospects and overall investment potential. Knowing these numbers in detail enables you to make informed decisions and anticipate the financial performance of your investment.

Stick to Your Budget

Budget discipline is crucial in the BRRRR method. It's easy for renovation costs to spiral, eating into your projected profits. By setting a realistic budget and strictly adhering to it, you mitigate this risk, ensuring your project remains profitable. Constant vigilance in tracking expenditures against your budget is necessary to prevent financial overreach.

Identify Property Upgrades

Strategic upgrades are critical for maximizing the value of your investment property. Focus on renovations that improve the property’s appeal and functionality, such as updating kitchens and bathrooms, which typically offer the best returns. Incorporating modern, cost-effective design elements can also enhance the property's attractiveness to tenants. Thoughtful improvements not only increase rental rates but also the property's overall market value.

Build a Reliable Team

Success in the BRRRR strategy hinges on the strength of your professional network. It's vital to establish connections with reputable real estate agents, skilled contractors, and competent property managers who align with your investment philosophy. These relationships can significantly expedite your projects, ensuring tasks are completed efficiently and effectively. A robust team becomes your greatest asset in navigating the complexities of real estate investment.

Organize Your Documents

Effective organization of investment documents is essential. One way to ensure your documents are easily accessible and consistently formatted is by converting them to PDFs. To handle extensive documents, utilizing a tool that can split a PDF file helps in breaking down the content into smaller sections. This allows you to rename, download, or distribute these new files as needed.

Be Realistic

Realistic expectations are the foundation of a sustainable investment strategy. Recognize your limits in terms of time, expertise, and financial resources. Engaging with seasoned investors can provide valuable insights, helping you to temper your ambitions with practicality. This balanced approach minimizes risks and fosters long-term success in real estate investing.

Implementing the BRRRR strategy effectively demands meticulous planning, a deep understanding of the market, and disciplined financial management. By assembling a reliable team, conducting thorough research, and maintaining a focus on the financials, investors can harness this powerful approach to build significant real estate wealth. This method not only offers the potential for substantial financial returns but also the opportunity to achieve financial independence through strategic real estate investment.

Thank you for reading and a special thank you to Katie Conroy for her incredible work as the talented blogger behind this post.

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I'm so glad I chose Inland! Dave McGowan is the best instructor I've ever had in my entire educational career. The amount of knowledge he has about real estate is unbelievable!


David Becker

Had a wonderful experience and Dave is always available to help and answer questions. Great instructor! We had a great class too!


Rebecca

TESTIMONIALS

What Our Student Have To Say

I really enjoyed my time at Inland, and i would recommend the school to anybody that i know looking for a school to study real estate license courses.


Fadilah Salim

Dave is a very effective teacher! He Makes the information easier to remember with his stories and experience. He teaches at a a good pace and is very accommodating to his students!


Krystle B.

By far the best class I have taken. I tried to get my broker license before but gave up because I was not given much instruction not did I have anyone to ask questions to.


Carol F.

Find Us

2901 Butterfield Rd, Oak Brook, IL 60523, USA

On-site classroom courses

2901 Butterfield Rd

Oak Brook IL 60523

Toll Free 877-990-8409

Campus Visiting Hours by appointment only:

1st-18th each month AM times, M-F

19th-end of the month PM times, M-F

Visiting hours need to be scheduled in advance

Email:

[email protected],

to request a time above or limited AM and PM times available!

Daily Teaching & Hours of operation:

9 am – 9:45 pm, M-F

Mailing address: 20 Denada Square West, Suite 116, Wheaton, IL 60189-2000

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Campus Visiting Hours by appointment only:

1st-18th each month AM times, M-F

19th-end of the month PM times, M-F

Visiting hours need to be scheduled in advance

OAK BROOK, ILLINOIS 60523. © INLAND REAL ESTATE SCHOOL, INC. A PROFESSIONAL STUDIES INSTITUTE, INC. COMPANY, 2010. ALL RIGHTS RESERVED.

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