Real Estate Investment Courses: Choosing the Right Training Program
Key Considerations when choosing a Real Estate Investment Training Course
1. Our Goals: Before you consider investing in any training course, reflect on what you are hoping to achieve from the training and what your current knowledge level is. Have you never done a day of real estate investing in your life? Or are you looking to improve your skills so you can land that new job or promotion? Are you studying towards become a Member of the RICS?
2. Course Content and Curriculum: The meat of a training course is the content itself. Any good course should provide a comprehensive overview of the curriculum which you can review and make sure it covers all your learning needs. When looking at Real Estate Investment courses, you should look for courses which cover essential topics like financial modelling, real estate fundamentals, analysis, and risk assessment. And if you are unsure about what the course covers – email or telephone them and ask for more information!
3. Instructor Expertise: Being taught by qualified instructors or teachers is key to aiding your understanding. Instructors who have been in the industry for a long time (industry experts) and have real life experience doing what they are teaching, will be much better than instructors who base their teaching purely on theory. If in doubt, check their credentials on LinkedIn or request a CV.
4. Format and Accessibility: We all learn in different ways, so it is important that you find the course which is right for you and your learning style. Below we list a few different course formats and the pros and cons of each.
Live (in-person or online)
Pros: You can ask questions as you go along. You will complete the course if you attend all the live sessions.
Cons: You can’t rewatch bits which you want to recap. You will only complete the course if you attend all the live sessions!
Pre-recorded
Pros: You can watch it as many times as you want.
Cons: You can’t ask questions as you go along. You need to hold yourself accountable to make progress and complete the course.
Group
Pros: You can learn from other people and their questions. You can hold each other accountable.
Cons: You can waste a lot of time from people being late, or asking too many questions. You may struggle with areas that your classmates don’t.
Single-Person
Pros: You will get 1-2-1 support which will enable you to focus on your weak areas.
Cons: You can’t learn from other people (including their mistakes)
5. Reviews and Testimonials: Read reviews from past students to understand how they found the content and teachers. Or even better, speak directly to past or current students and ask them!
6. Accreditation and Certification: Reputable Real Estate Investment courses will be accredited by a governing body such as The CPD Certification Service or the RICS. You can search for CPD accredited courses on the CPD website and accredited courses will display the CPD logo somewhere on the course information page. Depending on what you hope to achieve following your training course then it might be important for you to receive some sort of certificate or certification once you have completed the course. Generally, for a certification to be meaningful, there will be some kind of exam, so make sure you understand what this will entail and make sure the course will teach you what you need to pass the exam!
7. Common Mistakes to Avoid: Avoid courses which provide very little information about the course such as a “hidden offer” and avoid any course provider which puts you under undue pressure to purchase RIGHT NOW. This is a big decision and financial commitment, and you need to have all the facts and time to process them before you commit to a particular course. Unless you are under a lot of financial pressure (in which case, you should be considering whether purchasing a training course is the right thing for you to do right now), then don’t base your decision on the price of the course. More expensive courses aren’t always better, and cheaper courses aren’t always worse!
8. Tips for Making an Informed Decision: We recommend you create a “wish” list of what you want to learn and how you want to learn, and then use that as a checklist to compare the different courses that are available. If you have a very long wish list then you might not find a course that ticks all the boxes, but you might find something which meets most of them and you can supplement it with 1-2-1 mentoring or a smaller secondary course. In summary, always do your research and think about your personal and professional goals before embarking on any training course. Don’t be afraid to ask the training school or teachers additional questions if you have any. Good luck finding the right course for you!
If you are interested in learning more about the courses that we have available, then visit our training website Excel in Property. And if you have any questions about anything within the courses, send us an email to hello@excelinproperty.com.