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Online Real Estate and Property Investing Courses, Seminars and Training
You don’t need a degree or to be a guru to be successful in property investing. You just need to know how real estate investing works and what are the rules. We give you all that. All the information investors would have loved to have before this last downturn.
Campus makes it possible for you to learn about property from the comfort of your office or home computer, anywhere, anytime, at your own pace.
Most property investing courses and workshops are now "Instant Access" and some scheduled throughout the year for your convenience. Seats are though limited for each course due to licensing of software. Make sure you book your courses well in advance to avoid disappointment.
With the purchase of any property investing course you get free one year access to Property Investor Network Forum.
For pricing visit the Property Investor Network Shop .
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What is a Valid Offer to Purchase |
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As we all know an offer to purchase is that standard document that many estate agents have and and use to conclude a sale of immovable property.
That said, this document called offer to purchase is not always a legally binding document and usually estate agents, property investors and home owners start asking the right questions only when something goes wrong.
To better understand this, it is essential to know that an offer to purchase on an immovable property is only binding when it is clear in all points and the parties have reached an agreement.
This means that all issues that must be agreed upon, must be written
and concluded. To clarify this lets see what is not a contract or
purchase or offer to purchase.
- If parties have not reached an agreement on all aspects of the
transaction, then the contract for transaction has not been concluded.
- Preliminary discussions and suggestions are not and do not constitute a contract or offer to purchase.
- If the parties have agreed on some things in the process of
negotiations but did not agree on others and left them open for
discussion then the contract or offer to purchase is not binding and
will only be binding when the other stuff left open is agreed upon.
There is, of course, much more to this, but in property investing
lets look at the last point which sometimes gets more confusing than
the other two.
Point number 3 also means that if something is not agreed upon the
contract is not binding. Does this ring a bell? Empty blank lines left
in offers to purchase?
Examples of these situations in real estate are plenty. When the
purchaser does not know, in what entity to buy the property, no
decision on the attorney that will do the transfer, or maybe not even a
decision on financing (if the purchaser should finance 100% or maybe
less), can’t decide on occupation date, etc.
What makes an Offer to Purchase binding and good to go:
- The parties of course must reach an agreement on the stuff they
need to agree to, in other words reach consensus on all aspects of the
contract.
- The parties (seller, purchaser and estate agent if one is involved) must be legally entitled to enter in the contract.
- The contracts must be lawful.
- The parties must be able to carry out the performance under the agreement at the time of its conclusion.
- The formalities that are prescribed must be adhered to.
The above is the minimum requirement to conclude a valid or binding
Offer to Purchase for immovable property. That is the absolute basics.
On top of the basics, then the negotiations must be carried out
without infringing laws and while parties have the ability to perform
requirements at time of conclusion of such offer to purchase.
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Questions or Support
Have a question about a Course, Curriculum or need Support?
Call Us on (087) 5500 873
Student Reviews
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I did the initial Calculating Residential Deals workshop and refreshed my knowledge with the online course. The course was well presented and the course materials up to date and informative. It eased me into understanding the key financials behind decision I had been making instinctively. Upon completion of this course, I now knew not just which numbers to calculate or how to calculate them, but more importantly, I knew how to read and understand them. This basically gives the rounding off to your gut feeling when deciding to buy an investment property or not. We often hear people say that you need to fall in love with the numbers/financials of an investment and not the unit itself ... well, without this course I would not have been able to do so. I am now able to make sound financial investment decisions as I actually understand what I need to look for or where I need to change my offer to ensure a desired outcome. Probably the most important part of all of this is the fact that my understanding of the numbers/financials now give me an opportunity to put together a much better request for finance document for the banks than I could previously do. Once you can show a bank, in their own language, why something is a sound investment, you won't struggle as hard to get financing and support. All in all, I think it the course was value for money, filled with good content and ultimately, and a necessity for any property investor. Eugene Pienaar - JHB |
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Thank you for the Calculating Residential Investment Deals course. I found it helpful and informative. I would recommend it not only to beginners but also to experienced Estate Agents. Although I have many years of business experience and I was expecting the course to be basic and not worth the time and effort, categorically I was wrong, the basics were refreshing and well worth the time spent, but there were many ideas that where new to me. I am looking forward to continuing my education at the first opportunity. Bernard - Stilfontein |
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I found the rental workshop very informative. I am a registered real estate agent with a franchise group and I was amazed how many legally protective clauses were inserted in your agreement. I have used many rental agreements before and not one of these agreements was adequate in this respect. Karen I find your agreement 100 % complete and your knowledge on the subject is unsurpassable. Your lease agreement is in daily use in my property rental portfolio. Thank you. Alex Nicolaou - Registered Estate agent in Edenvale.
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I have been on PIN for a while now, and I feel my learning has been put on steroids. Since I joined PIN some 10 months ago my entire perspective about property investing and real estate in general has completely changed. This course in particular has hit home again, one of the main things I have learnt that there is a massive difference between speculating on real estate and investing and the entire system calculations and considerations have to be significantly different when employing these different strategies. I can also say that this is just the beginning for me and the more I learn the more I see my passion for property grow. Brent Schwalm - JHB |
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I found this online course very helpful. I am now much more comfortabile with terms like balance sheet, etc. The feasibility calculator is a wonderful tool to compare potential deals, and to realise what information is important when evaluating the purchase of a property. I now understand for the first time the relevance of research on certain criteria, what these criteria all are, and the importance of accurate information, before a decision can be made regarding the potential of the property deal. Pierre vd Berg - Heidelberg, Western Cape Province |
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I attended the Calculating Residential Investment Deals because I wanted to learn more about the ins' and outs' of property investing. As a property investor I constantly look to learn more to enhance my strategies. What I found and have to say about the course is that it exceeded my expectations. For a two week course, I thought it will be pretty superficial, but I found quite the contrary. It is very in-depth, it takes the thought process from the beginning of financial understanding and puts together many ideas on how to look at the properties when purchasing them. I know that this course has helped me avoid in the future bad purchases and helped me search for properties that suit me financially. I am now looking forward now to do the Letting course on PIN. Cindy Johnson - JHB |
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