Archive for PHP Information
The Hawaii Professional Housing Provider’s Program
What is the HiPHP designation?
The HiPHP designation is a statewide, 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 Hawaii Real Estate Investors (HiREI).
Why obtain the HiPHP designation?
Only persons completing the educational requirements will be permitted to hold themselves out to the public as a Hawaii 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 HiREI works to make the HiPHP designation more recognizable, it is hoped that the HiPHP 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.
How will I obtain these hours?
The hours may be obtained through HiREI meetings and seminars, or through accredited courses taught outside of the local association. All outside courses and seminars must meet the following requirements: they must be taught live; they must be pre-approved by the HiPHP committee, and they must provide a certificate of attendance acceptable to the HiPHP Committee.
Continuing education to maintain HiPHP designation
Once the HiPHP designation has been obtained, designees must complete 20 hours of continuing education every two years in order to maintain the designation. These hours are elective and may be used by the designee to continue his or her education as he sees fit.
Goals of HiREI
The Hawaii Real Estate Investor’s are dedicated to making this program a success. It is understood by the committee that the program will evolve as time goes on, and that time will pass before our members, and the public at large will recognize the value of this education. HiREI believes the concept of creating educated investors is important in the fight to make our industry a respected one. We also believe that the ability to present our members as dedicated, educated professionals will aid in any political action to which we are committed. While this education is already the mission of HiREI, we hope that a statewide/nationwide designation will further this goal by making legislators, regulators, and the public at large recognize that we are not simply “landlords” but informed business persons who make an ongoing contribution to our communities.
HiREI Events/Class’s & Realestate-Extreme Events/Class’s
**For a class to be counted for PHP Credit it must be submitted to HiREI for evaluation and approval prior to PHP Candidate actually taking the class.
Real Estate Buying Tour (34 Hours)
Contract Law (3), Ethics (1), Finance (3), Inspections (2), Insurance-Property (1), Insurance-Liability (1), Management (4), Negotiation (3), Purchasing (2), Rehab-Classroom (2), Rehab-Hands on (2), Electives (10)
Short Sale Essentials (6 hours)
Appraisal – 1 Hour, Finance – 1 Hour, Management – 1 Hour, Marketing – 1 Hour, Negotiation – 2 Hours
Commercial Real Estate Essentials (6 Hours)
Appraisal – 1 Hour, Financing – 1 Hour, Management – 1 Hour, Marketing – 1 Hour, Negotiation – 1 Hour, Purchasing – 1 Hour
Discount Notes & Mortgages (6 Hours)
Finance – 2 Hours, Marketing – 2 Hours, Purchasing – 2 Hours
Lease Option Essentials (6 Hours)
Appraisal – 1 Hour, Contract Law – 1 Hour, Landlord/Tenant Law – 1 Hour, Management – 1 Hour, Marketing – 1 Hour, Negotiation – 1 Hour
Insurance & Taxes the Necessary Evils (5 Hours)
Tax Law Income – 1 Hour, Tax Law Other – 1 Hour, Insurance Property – 1 HourInsurance Liability – 1 HourInsurance Other – 1 Hour
Real Estate Investing Essentials (6 Hours)
Appraisals – 1, HourEthics – 1, HourFinance – 1, HourMarketing – 1 Hour, Negotiation – 1 Hour, Purchasing – 1 Hour
Finding & Negotiation Deals (6 Hours)
Marketing – 2 Hours, Negotiation – 3 Hours, Purchasing – 1 Hour
Contract Essentials (6 Hours)
Contract Law – 3 Hours, Purchasing – 1 Hour, Regulations (local) – 1 Hour, Ethics – 1 Hour,
Creative Financing (6 Hours)
Financing – 6 Hours
Property Management Essentials (6 Hours)
Fair Housing Law – 2 Hours, Landlord Tenant Law – 3 Hours, Management – 1 Hour
Wholesaling Essentials (6 Hours)
Rehab (Classroom) – 1 Hour, Inspections – 1 Hour, Purchasing – 1 Hour, Marketing – 1 Hour, Contract Law – 1 Hour, Elective – 1 Hour
Rehabbing Essentials (6 Hours)
Rehab (Classroom) – 2 Hours, Rehab (Hands On) – 3 Hours
Real Estate Regulations (3 Hours)
EPA – 1 Hour, Federal – 1 Hour, Local – 1 Hour
Buying out of State (6 Hours)
Ethics – 1 Hour, Finance – 1 Hour, Management – 1 Hour, Marketing – 1 Hour, Purchasing – 2 Hour
Five Day Sale (2 Hours)
Marketing – 1 Hour, Negotiation – 1 Hour
Self Directed IRA’s (2 Hours)
Finance – 1 Hour, Management – 1 Hour
Cash-flow Game (1 hour per 1 hour played)
Electives – 1 Hour