Effective Property Management Advanced Module 1
Tags: Property Management
Learn in depth how the professionals manage property, and you will be better off at managing properties yourself
Last updated 2022-01-10 | 4.2
- Course Introduction- See whether self- management can work for you
- What are the Advantages when Working With A Management Firm
What you'll learn
* Requirements
* Students should have a passion for property management* Students should be motivated to learn more and...
* Students must have the "will" to broaden their knowledge in the field of "Property Management"
* Students should be willing to interact with the lecturer and co-students to participate in property management discussions
Description
- Course Introduction
- See whether self- management can work for you
- What are the Advantages when Working With A Management Firm
- Is it possible to manage a property from a distance?
- The pros and cons when using a professional management company
- What Does A Property Manager Do
- How to Find the Right Management Company for You
- How To Compensate the Property Management Company
- Management agreements and the obligations of a management company
- Questions To Ask The Property Management Company Before Appointing Them
- What Is Included In The Sale?
- Procedures For Taking Over A Property
- Inspections - Helpful or Not
- Taxes and expenses - What does it involve?
- What is a Rent Roll?
- Concluding Module 1
Course content
2 sections • 23 lectures
Course Introduction Preview 03:18
Self Management or Hiring A Pro? Preview 02:42
Are There Any Advantages Of Self Management? Preview 04:32
Managing your own rental property has some distinct advantages. Watch further and see why.
Self Management
Managing Your Property From A Distance Preview 04:01
One major problem, or a few minor ones, can turn the job of managing the rental property into a nightmare. In this tutorial I discuss whether it is advisable to manage your property for afar or not
The Pros and Cons When Using A Professional Property Manager Preview 05:12
Are the pros more than the cons?
What Does A Property Manager Do Preview 02:51
Hiring a full-service management company will typically give you services. This tutorial I discuss what services you will get when hiring such company.
How to Find the Right Management Company for You Preview 08:17
When you search for a management company, you want to ensure you find one that suits you. In this tutorial I differentiate between the GOOD and the BAD.
How To Compensate the Property Management Company Preview 03:14
Management companies are compensated in a variety of ways. What kind of fees are applicable?
Management Agreements Preview 03:28
What is a management agreement and why is it so important to enter into such an agreement?
Questions To Ask The Property Management Company Before Appointing Them Preview 05:17
What are the very Important Questions that you should ask the Prospective Management Company before you may appoint them?
What Is Included In The Sale? Preview 02:00
One of the most significant disputes can arise if there’s a misunderstanding about who owns the appliances in the rental unit. What happens after there’s a change in ownership or management and what to watch out for.
What is included in the sale
Procedures For Taking Over A Property Preview 02:23
What important issues should one look for when taking over the property - In this lecture I discuss these issues.
Inspections Preview 02:03
Walking through again with the tenant now that you’re the owner can be helpful. Why?
Inspections
Taxes and Expenses Preview 03:10
The tax laws allow your rental housing business to deduct operating expenses.... What are these expenses?
Taxes and Expenses
Rent Roll Preview 03:08
Why follow state or local laws when acquiring an occupied rental property, and how should a landlord handle the tenant’s security deposit?