What is a Professional Housing Provider?

A Professional Housing Provider is a real estate investor and member of the Real Estate Association of Puget Sound (REAPS) who has agreed to abide by a code of ethics and has completed a 60-hour set of courses meeting strict guidelines and split between core and elective curricula. The list of the curriculum requirements is below.

How do I get started?

PHP credits are earned by attending our events, meetings, bootcamps and trainings. Your membership dues include the cost of the PHP program so there are no additional fees for you to pay. When you register to attend any of our events you will see at the top of the page the type and the amount of PHP credits being offered. You can print out the tracking form below and keep track of your own credits.  When you have completed the required course curriculum you can submit your tracking form to us at [email protected]. It’s imperative you pre-register for our events and check-in so that we can track on our end too!

Each Professional Housing Provider Candidate must agree to abide by the REAPS Code of Ethics (Click Here to Download PDF).

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.
RehabClassroom PHP PROGRAM


Rehab – Classroom

Including estimation, which projects will pay for themselves, etc.
Rehab Hands on PHP PROGRAM


Rehab – Hands-on

Including actual hands-on opportunities and demonstrations
Fair housing Law PHP PROGRAM


Fair housing Law

Including federal, state and local fair housing regulations



Including enacting and actual use of national, state, local, and personal business ethics statements, policies and practices
Negotiation PHP PROGRAM



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



Including conventional financing, FHA/VA financing, owner financing of all types; comparing financing, offering financing
Tenant landlord Law PHP PROGRAM


Tenant-landlord Law

Including landlords’ and tenants’ responsibilities, evictions, etc.
Contract Law PHP PROGRAM


Contract Law

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


EPA Regulations

Including regulations affecting real estate investment such as lead paint regulations, wetlands regulations, underground storage tank regulations, Environmental Quality Zone regulations, etc.
Local Regulations PHP PROGRAM


Local Regulations

Including zoning and building codes.
Federal Regulations PHP PROGRAM


Federal Regulations

Including regulations affecting real estate investment such as lead paint regulations, wetlands regulations, underground storage tank regulations, Environmental Quality Zone regulations, etc.
Management PHP PROGRAM



Including record keeping; dealing with tenants; maximizing cash flow; and others
Purchasing PHP PROGRAM



Including finding deals and calculating profitability
Inspections PHP PROGRAM



Including pre- and post- purchase inspections and pre- and post- move-out inspections of properties held.
Tax law income PHP PROGRAM


Tax law (income)

Including calculating and minimizing taxes, and tax laws as they affect the real estate investor
Tax law other PHP PROGRAM


Tax law (other)

Including property taxes, 1031 tax deferred trades, etc.
Insurance property PHP PROGRAM


Insurance – property

Including what type of property insurance is appropriate for investment property; negotiating for the best rates and renter’s insurance
Insurance workers compensation PHP PROGRAM


Insurance – worker’s compensation

Including when, how and for whom to carry worker’s compensation insurance
Insurance liability PHP PROGRAM


Insurance – liability

Including why and how much



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

The remaining 18 hours may include further education in any or all of the above topics, as selected by the National PHP candidate.