How to Start Profitable Property Management Company

Gain all the tools and resources you need to start and have a successful property managment company.

How to Start Profitable Property Management Company

Gain all the tools and resources you need to start and have a successful property managment company.
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About the Class

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?

  • How to start a property management company
  • Evaluate and select investment properties
  • Establish favorable leasing terms and conditions
  • Screen and select tenants and understand all areas of asset management
  • Learn to identify maintenance concerns
  • Hire employees and contractors
  • Manage legal and financial issues
  • Establish healthy tenant relationships, and enforce rent due dates
  • Special topics include specific housing markets, affordable housing, asset management, ROI and cap rates.

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.

Author

Real Estate Training, Coaching And Marketing Guru

Ebonie Caldwell is a Author, Real Estate Trainer, Real Estate Mentor, Real Estate Investor, Real Estate Managing Broker and Business Broker, that specialize in rehab properties, large portfolio's, commercial properties and the sell of businesses. Ebonie Caldwell is a seasoned investor with over 20 years in the real estate investing, rehabbing,...

School

Real Estate Training, Coaching And Marketing Guru's School

Requirements

  • You should have the willingness to learn and take proper notes.
  • You should have a computer with an internet connection.
  • You should be willing to use and research the resource reference guide that will come with the class.
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What's Included

Language: English
Level: All levels
Skills: Asset Management, Property Management, Real Estate
Age groups: 18-24 years, 25-34 years, 35-44 years, 45-54 years, 55-64 years, 65-74 years, 75 years or older
Duration: 3 hours
15 Videos
3 Documents
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