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Learn about the potential PRO/CPRO + GTR unification here. Upcoming town halls: April 17 @GTR and April 29 @PRO/CPRO.

Wealth Building Made Simple

Tuesday, June 6, 2023 (2:00 PM - 4:00 PM) (EDT)


Real  estate  can  be  a  wonderful  way  to  build  wealth,  but  where  do  you  begin?  For those looking for a beginner’s course on how to start generating wealth through real estate investing, this is the course for you!  Whether  you  are  interested  in  building  your retirement  portfolio  or  dreaming  of generational wealth, this course will teach you the process of real estate investing as an easy step-by-step guide. Through examples and direct hands-on calculations, you will leave this course with a solid understanding of the basic steps toward real estate investments.    

Objectives: After taking this class students will be able to: 

  • Explain the importance of researching comparable properties
  • Identify key factors when searching for comparable properties 
  • Evaluate comparable homes to find worthwhile investment properties 
  • Evaluate comparable homes to establish reasonable rent prices
  • Calculate the vacancy rate and vacancy expense for a rental property
  • Identify the importance of calculating the vacancy expense of a rental property 
  • Define key vocabulary with regards to mortgages and purchase options
  • Calculate the typical down payment for a rental property and the remaining purchase price 
  • Demonstrate an understanding of an amortization schedule
  • Identify the difference between total income versus cash flow
  • Define typical operating expenses for rental properties 
  • Estimate annual and monthly operating expenses for a rental property (including reserves)
  •  Explain the relationship between owning real estate and building wealth, especially with regards to retirement 
  • Define forced savings and return on investment 
  • Identify the benefits of price appreciation and mortgage amortization for property owners
  • Calculate income, rate, and value using the IRV formula 
  • Calculate first year benefits of property ownership using the IRV formula


Elysia  Stobbe has a spotless and enviable reputation in the real estate and mortgage industry. After almost two decades of  “in the trenches” experience, specialized training, and active investing, she has become  America’s #1 Mortgage Authority. While others in her field never made it through the  2006 mortgage crisis, her business exploded due to her relentless and never-ending commitment to customer service and integrity.  

Elysia is an active member of the Florida Realtors Faculty and her team has been honored three years running as a top lender in Northeast Florida Ranked by Volume by the Jacksonville Business  Journal. Recognized as a Top 50 Business Influencer by Advantage Magazine, she believes “enduring dedication to your client always wins”; earning her A+ Better Business Bureau ratings & 5 Star Customer Service Reviews for her team’s mortgage services. Elysia is not just a mortgage expert, she is an avid investor with a multi-million-dollar real estate portfolio. She has been featured in the Wall Street Journal, NPR, U.S. News & World Report and on FOX, ABC, NBC, CBS, NPR and more.

IN PERSON @ Pinellas REALTOR® Organization and Central Pasco REALTOR® Organization
4590 Ulmerton Road
Clearwater, FL 33762
Event Contact
Professional Development
(727) 347-7655
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Tuesday, June 6, 2023 (2:00 PM - 4:00 PM) (EDT)
General Education
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