Property management is a special category of real estate work. The term "property management" generally refers to the group of services that an owner/investor hires a professional property manager or management company to perform. The quality of management directly affects the profitability of the property being managed (Asset Management). A skilled property manager thus protects the owner's / investors capital investment in real estate and makes sure that the property generates profit (ROI).
What will you learn in this course?
Who should take this course?
This course is for all landlords, entrepreneurs, and realtors who want to start a property management company or property managers who want to advance their property manager career.
Topics: Introduction to Property Management, Property Manager's Duties, Marketing, Fair Housing, Landlord/Tenant Ordinance, Eviction Court, Nuisance Abatement, Real Estate Tax Issues, Asset Management, Management Plans, Management Agreements, Maintenance, Interacting with Tenants, Leases, Real Estate Practice and Budgeting.
Students will cover a property manager's basic functions, including administrative duties, leasing practices, and the manager's legal relationships with the owner and the tenants of the property. The course also discusses the way to construct a management agreement so that the manager and the owner/Investor clearly understand each other's roles. Students will also benefit from understanding the various types of property management, as well as the duties that successful property managers must carry out. In this course, I will re-explain certain topics in a variety of ways so students can understand the importance and how to get it done. Everyone learns differently and process learning in several ways. My goal is to make sure you don't miss anything, even with note-taking.