Ohio Professional Housing Provider (O.P.H.P.)

Course of Study

The course of study will be divided into 42 clock hours of core courses and 18 hours of elective topics for a total of 60 hours of formal education.

The core topics are as follows:

Including formal appraisal methods (cost, income, and replacement method), PACE instruction, how to compare properties, etc.
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.
Including enacting and actual use of, national, state, local, and persona business ethics statements, policies and practices.
Including federal, state, and local fair housing regulations
Including conventional financing, FHA/VA financing, owner financing of all types; comparing, financing, offering financing.
Including pre- and post- purchase inspections, and pre and post move-out inspections of properties held.
Property (1 hour): Including what type of property insurance is appropriate for investment property; negotiating for the best rates, and renter’s insurance.Worker’s compensation (1 hour): Including when, how and for whom to carry worker’s compensation insurance.Liability (1 hour): Including why and how much
Including landlord’s and tenants responsibilities, evictions, etc.
Including record keeping; dealing with tenants; maximizing cash flow; and others.
Including how to market properties for sale and for rent; how to market buying services.
Including negotiating with sellers, buyers, renters, contractors and vendors, banks, etc.
Including finding deals and calculating profitability.
Classroom (2 hours): Including estimation, which projects will pay for themselves, etc.Hands-on (2 hours): Including actual hands-on opportunities and demonstrations
EPA (1 hour): Including regulations affecting real estate investment such as; lead paint regulations, wetlands, regulations, underground storage tank regulations, Environmental Quality Zone regulations, etc.Federal regulations (1 hour): Including regulations affecting real estate investment other than tax laws, fair housing laws, and EPA regulations.Local (2 hours): Including zoning and building codes.
Income (1 hour): Including calculating and minimizing taxes, and tax laws as they affect the real estate investor.Other (1 hour): Including property taxes, 1031 tax deferred trades, etc.

Goals of OREIA

The Ohio Real Estate Investor’s Association is 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 the local groups, their members, and the public at large recognize the value of this education. OREIA believes that the concept of creating well 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 the political action to which we are dedicated. While this education is already the mission of the local associations, we hope that a statewide 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.