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Property Education

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 .

Tips and Tricks in Successful Buy To Let Management

As with every profession once you are doing it for a long time, you start noticing things that are not necessarily obvious but create efficiency, optimize the business and generate better returns. Professionals like to call these Tips and Tricks. Though for them these may not be big secrets, for beginners and those with less experience, such tips can create major learning shortcuts and great efficiencies if implemented correctly.

In this post, I would like to give you some tips that may be or not obvious to you, but to me they created great efficiencies in the process of letting out my rental properties.

1. Never get emotional in business. Easier said that done, but with some practice and time it becomes natural. Understand this, accept this and work towards success while giving yourself time to practice. Of course, you will get emotional about your properties, but when you do, go back and have a look at your balance sheet, income statement and cash flow. It will bring you back into focus, quickly – this is a business.

2. Set timely routines with tenants. If you send out invoices to tenants or SMS-based reminders on X date – do it consistently and all the time without fail. It helps you in your business processes and will train the tenant as to the processes you follow. After all, we humans are creatures of habit and learn by repetition. In this respect repetition is as good for us as business owners as it is good for our clients to follow them.

3. Be clear in your communications at all times. Try to keep written communications, but above all, make them simple and clear. From experience I know that sometimes you talk on the phone and written communications do not take place, but even if you convey something via the telephone to the tenant, put that in writing. Does this sound like a lot of work? It is not. It will save you a fortune later in arguments – proven fact in all businesses. Tell the tenant that they can do X or Y and make clear what that is. If you said they may not install a cupboard on the wall, be clear about it. Let me give you some real life examples that I have seen happen:

A tenant asks, “Can I bring an additional bin to the property?”

I said: “Yes”…. and most people would assume this is enough. Wrong, it is not if you are in the letting business. I had to add the following to be clear about what this means.

”Yes, you can. However, please understand that you still have to pay the bin rental to the property of the bin that is already on the property as written in your contract. If you understand this, and this is ok with you, then you can bring an additional bin, but the municipal services to the bin rental are still charged”.

How much do you want to bet that this bin would land up an argument with the tenant that he does not have to pay for the bin already on the property because he brought his own bin?

Being clear at all times, with all requests and inquiries by tenants. It will avoid you many arguments, emotional engagements, hours of phone call explanations and so much frustration.

Do just this step alone from today, and you will see how much easier your letting career is all of the sudden.

In the letting workshop we also go over some legal stuff that must be in writing at all times otherwise your agreements are nullified and voided by the law. Stuff to basically avoid at all costs. Small things like the rubbish bin can make a big difference.

Unfortunately, there are a few investors that have landed bad tenants and because such cases do exist, we will face this point in my next post where I will speak about tenants that are already problematic in: Bad Tenants Can Run but They Can’t Hide.

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Copyright (C) 2007 Alain Georgette / Copyright (C) 2006 Frantisek Hliva. All rights reserved.





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Student Reviews

I consider this course to be, easy to understand and to the point. Everyone should know this information when considering buying property. The information in the course is vitally important for any property investor, whether it is your own home or property for investment purposes. The voice used is clear and easy to follow. Okkie van Greunen - JHB





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As a relative newbie to the property market - from a purely investment point of view; I found the Calculating Residential Investment Deals course very informative and easy to follow.  I am wanting to get involved in the rental  / development market and feel that I am getting better equipped to do this as a result of learning and expanding my understanding. Joanne du Plessis





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The Calculating Residential Deals course was excellent, outstanding, clear and very well presented. I can now see the difference between an investment property and a home ownership property so clearly. Jessica Huston  - CT.





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I attended the Letting workshop down in Durban, as a full time property investor whos business is property I learnt a lot from this workshop. It is full of "meat and potatoes" facts and tools to make our lives as Buy to Let property investors a lot easier whether you manage your tenants yourself or you outsource to a letting agent. Worth its weight in gold! - Brennan Carey

 

Before I took the Calculating Residential Deals course, I was pretty active in the search and buying residential property. I was spending at least 10 hours a week just on this activity. After the course, I was stunned at the time I was wasting to find just one property. It has helped me focus my searches to areas and properties and suit me and qualify and disqualify a potential property by the numbers in just a few minutes. Alex J. - Cape Town





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Anyone who seeks to venture into the world of property investing should definitely not miss the opportunity to register for the ‘Calculating Residential Investment Course ‘ . Wow what a learning curve for me . I thoroughly enjoyed  the examples used – which were so practical -and the various scenarios presented in every example and how that impacted on a particular investment . To go along with that the inside info provided was great . It certainly opened my eyes wide open and also the confidence as to what I need to know , ask and look for in a particular investment deal . Thanx for a great course . Demitri Giannais - JHB





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