Understand what a lease promises, what an income figure leaves out, and which questions need a professional answer.
Curriculum objectives — individual progress and investment outcomes vary. Education does not guarantee an acquisition or return.
A process to practise
01
Define the brief
02
Examine the asset
03
Test assumptions
04
Review the decision
Questions / exercises / principles
01
Read the income
Analysis · Learning objective
The question
What does the quoted yield leave out?
The exercise
Build a comparison of income, costs and vacancy assumptions.
A useful analysis distinguishes gross income from the costs and risks the owner retains. Work through the assumptions before deciding whether an advertised return is meaningful.
02
Read the lease
Due diligence · Learning objective
The question
Who is responsible when something goes wrong?
The exercise
Prepare questions about tenant obligations, reviews and lease expiry.
A lease deserves more than a glance at its headline term. Learn what to ask about outgoings, make-good provisions and tenant strength, then seek professional review of the actual documents.
03
Test the decision
Risk · Learning objective
The question
What changes if the optimistic case does not happen?
The exercise
Compare a base case with vacancy, cost and finance scenarios.
Use a written brief and a repeatable review process. The aim is a clearer decision, including when to pause or walk away, rather than a promised purchase or return.
A considered next step
Explore the next step.
Ask about the current Academy format, dates and suitability before making an enrolment decision.