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Property Investing Network
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Student Reviews
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Having recently completed the above course at home, I enjoyed being able to do the course at one's own pace. The audio and visual impact of the presentation was effective, improving my concentration. Manipulation of the variables entered as lumpsums and additional monthly payments was most insightful. Generally there were many useful tips and facts given by the tutor and this was also enlightening and helpful. Richard Fouracres - Ladysmith KZN |
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As a matter of fact ... of the 3 places where we've used the new
contract and new practices that we were taught, we have yet to receive
a late payment (or non-payment) on the rent or experience any problems
with the tenants. - Eugené L. Pienaar - JHB
My partner and I attended the PIN Investor Letting Workshop in Feb 2008 with no expectations as we already considered ourselves to be rather knowledgeable in the art of letting property. We have a few properties on our books and have been using standard contracts and 'gut feel' screening to place tenants and manage the properties. Needless to say, we were in for quite a surprise on the day.
Within the first 15 minutes, we realized that we had better start taking some notes as we clearly had LOTS to learn. We started the session going through the legalities of renting properties out ... I was amazed at how many things I did not know pertaining to both landlord as well as tenant privileges. It was not long into this session that we also found out that the advice we have received from other guru's in the property market would see us lands us in trouble if followed and done in the matter they advocate.
Karen and Sean then shared some 'nuggets of wisdom' on how to find and screen the right tenants, how to manage them and how to evict them legally if they become non-performing tenants. We received some key contact information and most of all - we were given AND taken through (step-by-step) a legally sound contract for residential letting that favors the landlord and empowers him to deal with all types of issues.
We walked out of the seminar feeling that it was money well spent and have recommended it to our friends that are currently dabbling in property investment. We then sat down and went through our letting agencies methods, contracts and administration. We ended up giving them notice as we felt (after discussions with them) that we were better equipped to handle the letting process than they were. I was, in fact, getting a huge kick informing them of issues that they were not aware of.
As a matter of fact ... of the 3 places where we've used the new contract and new practices that we were taught, we have yet to receive a late payment (or non-payment) on the rent or experience any problems with the tenants.
I can recommend this course as the one course you MUST do before renting out your own or someone else's property (rental agents ... take note!). It is money well spent and the support received from Sean and Karen on the PIN forums after the course rounds off the total package rather nicely. All queries were answered within 24 hours (or less!). Well done Sean and Karen. Keep up the good work and keep the education coming!". Eugené L. Pienaar - JHB
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I would like to thank you so much for putting this course together and making it available to the public. I have been selling property for a number of years and I still learnt so much from this course! It is invaluable. I highly recommend any Estate Agent to take this course to enhance their property knowledge even further. Gina Hamlyn (Property Broker) - GINA HAMLYN PROPERTIES, KZN |
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I really enjoyed the Calculating Residential Investment Deals course! It was very well constructed. Overall I feel I grasped the main idea behind the course of how to work out and calculate a property to determine whether a property would be a good buy long term or in the short term, in real financial terms. Jason - Gary's Real Estate |
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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 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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