Property Developers can make a high-profit margin when it is done well and right. However, you can create a mess of finances and resources if you get involved without the right knowledge and wisdom. The best way to avoid this is to take courses to help you understand how to create profit from properties.
Thankfully you can take most property development courses online now to help with scheduling and financials. The top 3 property development courses you can find online are:
While taking these courses can’t guarantee profit or progress, they can give you insight on how to create the best outcome possible for you and your company. Without the knowledge of the market and land profit in your area, you can’t create proper positive cash flow.
Table of Contents
What Qualifications Do You Need To Be A Property Developer
The road to becoming a property developer doesn’t have to follow a specific path or even have a specific degree and certification, you can get involved with property development in so many ways, but there are a few things you need to know to professionally manage your developments.
In some areas, you may be required to get a real estate license before you can develop the property, but others don’t require anything except a few state permits. While you may not be required to get certain prerequisites, you do need to know certain things such as:
- Financials for your ability to borrow
- How much time and resources you can allocate to a project
- Property development prices and turnover rates in your area
- Market strategies specific to your area
While you can absolutely learn all of these processes and strategies through a degree, you can also take a few property development courses and link up with those who are knowledgeable in your area. You simply need to know how to create profit through property development in your area through borrowing ability and profit margin with each property.
How Long Is A Property Developmental Course?
It’s common for property development courses to be on the shorter side compared to most courses due to the lack of legality when it comes to needing a property development course. You are not required to take a property development course to be in the property development occupation, it is however incredibly wise to take the course.
A property development course can be anywhere from 150 hours – 12 weeks depending on the intensity and attention to detail the course focuses on. Most of the property development courses are self-led to allow you to complete the course in your allotted time frame to allow for a shorter, or longer course if needed.
The 3 Best Property Development Courses Online
Thanks to the advancement of technology and the recent pandemic many schools have chosen to allow their courses to be online rather than just in person. This is an incredible opportunity for people to complete courses and receive certifications without having to change their schedules or miss out on opportunities due to scheduling conflicts.
Most of the property development courses you can find online can be completed entirely from your couch at home with no traveling or in-person teaching.
1. University Of Cape Town Online Course
The university of cape town offers a property development course fully online so you can learn what you need to without having to attend a class in person. This course contains an 8-week long program after you complete orientation. To immerse yourself fully in the class you should expect to put in anywhere from 7-10 hours a week.
This course will provide you with all the knowledge and resources you need to understand how to begin property development as well as:
- A bank loan proposal
- A sales comparison valuation report
- A property management plan
2. Lead Developer Online Course
Learning property development has quite a few moving parts and different ideas that intersect and coincide with each other. While you may need to know all of these different things, you can’t learn all of them at once and retain enough information to achieve anything.
The lead developer has created a series of courses, or individual courses that allow you to pick and choose what you need to learn and not pay for what you don’t. You get free access to developers to ask questions when you take a course and you will create a plan that includes:
- How to develop a property
- How to get a loan
- How to maintain a development business with minimal debt to income ratio
- Development cots checklist for every property type
Courses range from 120 hours – 8 weeks in some cases depending on the topic, however, costs depend on what bundles you choose since you can customize them to your needs.
3. Udemy Beginner Online Course
If you are just starting to dip your toe into the idea of property development, you would need to take a beginner course to allow yourself to learn enough to make a definite decision. Udemy has the perfect beginner course for those who aren’t even sure what is all involved in this.
This beginner course is only $107 for so many resources such as:
- 19 hours of on-demand video
- 69 downloadable resources
- Completion certificate
- Evaluation of many types of properties
- Understanding of development processes
If you want to try everything out before spending money, they give you the option of a free 7-day trial leading into a monthly subscription that will give you a discount on your courses. This is a fantastic starter course to help you evaluate whether you can be a property developer or not.
Final Thoughts On Property Development Courses
While property development courses are not required to become a property developer, the knowledge and wisdom they can provide are priceless. You can learn to create positive cash flow by knowing the market and processes necessary to develop the property.
