Texas Real Estate Course: Real Estate Investments - No. 911

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Texas Real Estate Course: Real Estate Investments - No. 911

Texas SAE : Certified and approved by the Texas Real Estate Commission (TREC) to meet the Texas SAE / CORE requirements for Texas real estate licensees, and the new 2017 TREC distance education delivery standards. 

The purpose of the Investment course is to provide a working knowledge of the basic tools of analysis for (1) direct real estate investments, considering both annual cash flow and the reversion, and (2) indirect investments in real estate. Direct investments refer to the situation where the investor invests in real estate; indirect investments refer to investments using either irregular methodology or wraparound mortgages.

The course is not directed toward a specialized student population. Rather, it is intended for those who may pursue a variety of clients and customers who are current investors or who will be making entry into the investment markets in real estate for the first time. Students will be introduced to investment criteria and the process of analyzing investments. 

Table of Contents

The course contains quizzes, exercises, flashcards and numerous online field trips. It is completed with a multiple choice final exam.

Upon completing this course students will receive a certificate of completion that they may use as evidence of passing the course with the real estate commission. We remind you that licensees must complete 98 hours of SAE education within the first two years of licensure. This course meets 30 hours of the SAE requirements.  Those upgrading to the Broker level of authority may also use this course to meet 30 hours of the Broker level education requirements.

Texas Real Estate Commission (TREC) rules govern the delivery of online qualifying education courses (pre-license & SAE) and must be followed by all schools.

All of VanEd’s pre-license and SAE courses have been approved by TREC, and the following sections describe how the TREC rules are implemented.


TREC mandates that you cannot receive credit for working more than 12 hours per day in any course.

This implies that a 30-hour course cannot be completed in less than 3 days from your Start Date (defined as when you first open the course). Furthermore, starting and completing more than one course within the same 3-day period is not allowed. You may work on multiple courses at the same time, however, you may not complete a course within 3 days of the completion date for any other course.

As you move through the VanEd coursework, your time spent online in the courses will be recorded, and we will notify you if additional time in the course is needed to meet the TREC requirements.

As with all VanEd courses, you have a full year from the purchase date in which to complete any course. After one year, your course enrollment will be inactivated. Reactivation for an additional year is available with fee equal to 35% of your purchase price.


Courses are divided into Topics, and TREC rules mandate an exam covering each Topic and that those exams are passed with a 100% score. Topic exams must have a minimum of 3 questions and the questions are drawn randomly from a larger pool. Topic exams may be taken multiple times without penalty.

Every course is culminated with a multiple-choice final exam which has a minimum passing score of 70%.

If you do not pass the final exam, you are required, per TREC rules, to wait 3 days before attempting the exam again, and the second attempt must be within 90 days of the first attempt. If you do not pass the second attempt, or do not complete your second attempt within 90 days, you must repeat the course in full. VanEd DOES NOT charge a fee to repeat the course in either of these circumstances.

Final Exam Proctor

The course final exam is taken online, but in the physical presence of a proctor. The proctoring procedure is simple to follow and allows you to use a wide range of individuals as your proctor. Both students and proctors will submit an affidavit to VanEd when the final is passed, after which your course completion certificates will be provided online.

Detailed proctor information and forms are available inside each course at the time of the Final Exam. Failure to follow the proctoring rules will require you to take the exam again.