Education

Professional Housing Provider (PHP) Program

SOUTH ATLANTA REAL ESTATE INVESTORS ASSOCIATION, INC.

PHP MISSION STATEMENT

To enable members to expand their education and knowledge via courses as valuable tools to attain successful goals and present a professional image to the public and local municipalities.

What is the National PHP designation?

The National PHP designation is a national, education-based certification program designed to recognize the high level of knowledge and professionalism among the designation holder. It is sponsored and overseen by the National Real Estate Investor’s Association (National REIA).

BENEFITS

Why obtain the National PHP designation?

Only persons completing the educational requirements will be permitted to hold themselves out to the public as a National Professional Housing Provider.

The designee will be recognized in the form of an award certificate and the right to use the designation, and should recognize that having a basic education in the topics outlined will increase his or her ability to reach their goals in real estate investing.

Further, as National REIA works to make the National PHP designation more recognizable, it is hoped that the National PHP holders will have an advantage in dealing with legal and governmental bodies when a “my word against his” situation occurs. It will also aid in encouraging legislators to think of educated investors as a larger group for political action.

Other tangible benefits, including discounts on courses and educational materials, may be added as the program develops.

COURSE STUDY

The course of study is divided into 44 clock hours of core courses and 18 hours of elective topics for a total of 62 hours of formal education. The core topics are as follows:

Appraisal

2 HOURS

Including formal appraisal methods (cost, income, and replacement method), PACE instruction, how to compare properties, etc

Rehab

4 HOURS
Including estimation, which projects will pay for themselves, etc

Hands-On

2 HOURS
Including actual hands-on opportunities and demonstrations

Fair Housing Law

2 HOURS
Including federal, state, and local fair housing regulations

Ethics

2 HOURS
Including enacting and actual use of, national, state, local, and personal business ethics statements, policies and practices

Negotiation

3 HOURS
Including negotiating with sellers, buyers, renters, contractors and vendors, banks, etc.

Finance

6 hours
Including conventional financing, FHA/VA financing, Owner financing of all types; comparing, financing, offering financing.

Tentant-Landlord Law

2 HOURS
Including landlord’s and tenants responsibilities, evictions, etc.

Contract Law

3 HOURS
Including basic contract law; using contracts and clauses to protect yourself, developing contracts such as leases, options, purchase contracts etc. that for the real estate investment business

Local Regulations

2 HOURS
Including regulations affecting real estate investment OTHER THAN tax laws, fair housing laws, and EPA regulations.

Federal Regulations

2 HOURS
Including regulations affecting real estate investment OTHER THAN tax laws, fair housing laws, and EPA regulations.

Management

4 HOURS
Including record keeping; dealing with tenants; maximizing cash flow; and others

Purchasing

2 HOURS
Including finding deals and calculating profitability

”Inspectionsl”

2 HOURS
Including pre- and post- purchase inspections and pre and post move-out inspections of properties held.

Tax Law (income)

1 HOUR
Including calculating and minimizing taxes, and tax laws as they affect the real estate investor

Tax Law (other)

1 HOUR
Including property taxes, 1031 tax deferred trades, etc.

Insurance-Property

1 HOUR
Including what type of property insurance is appropriate for investment property; negotiating for the best rates and renter’s insurance

Insurance-Worker's
Compensation

1 HOUR
Including when, how and for whom to carry worker’s compensation insurance

”Insurance-Liability”

1 HOUR
Including why and how much

Marketing

2 HOURS
Including how to market properties for sale and for rent; how to market buying services

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