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Formulating for Success!
Property
Management
Course Description
Property Management is a
course that teaches the fundamentals of managing investment real
estate. We discuss the various types of rental properties,
investment cash flow models, landlord and tenant roles and
responsibilities, and options for management. Further, we teach the
business and tax benefits, legal options, and marketing tools, in
addition to attractive government subsidy programs. The
tenant-landlord relationship is discussed, which go into depth about
rights, servicing the tenant, dispute resolutions, and transition
betweens tenants.
Course Outcome
After completing
Property Management, students will be equipped with a basic
understanding of the following:
- Property
management fundaments
- Landlord / tenant
relationship
- Government
programs
- Marketing
strategies
- Financial and
legal implications
Recommended Prerequisites
This course is designed for students who want to get started with
investment real estate, or who want to acquire knowledge regarding
property management. Seasoned real estate professionals who are
pursuing additional professional development may want to take this
course.
Assessment
Students will be
assigned 5 homework assignments, and 5 exams.
Syllabus
Module 1: Chapter 1- Introduction
Module 1 provides an introduction to property management. We
define the various types of investment rental properties,
landlord basics, how to select a property, and whether to
self manage or hire a property manager. |
Module 2: Chapter 2- Financial Aspects
Module 2 covers the financial aspects of managing
properties. We review how to invest in prospective
properties, how to set the rental price, insurance,
deposits, and other pertinent fees. |
Module 3: Chapter 3- Legal Aspects
Module 3 reviews the legal aspects involved in managing
properties. Particularly LLC formulation, Fair Housing Act,
lease agreements, landlord/tenant rights, and evictions.
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Module 4: Chapter 4- Marketing
Module 4 teaches the importance of effective marketing and
advertising. We review successful techniques- web, print
advertising, fliers, Open House, and other methods
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Module 5: Chapter 5- Government Programs
Module 5 reviews the various government subsidy programs
that can be used for rental properties. We cover
government's role, the Section 8 or Voucher programs, income
requirements, and how to market to program participants.
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Module 6: Chapter 6- Tenant / Landlord Relationship
Module 6 teaches aspects and importance of the tenant /
landlord relationship. We review tenant selection, property
inspection, move in, handling maintenance and service,
dispute, and move out. |
Course Delivery
This course is Instructor-led and delivered through
our award-winning online Learning Management System.
See our FAQ for more details.
Education Credit
This course has 20 contact hours and can be used for
2 Continuing Education Units (CEUs).
Course Registration
Course only: $49
Course + Certificate: $99
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