This comprehensive online course equips you with the knowledge and skills to excel in property management. Through 20 engaging modules, you'll gain a strong foundation in all aspects of managing residential and commercial properties.
Course Structure:
Module 1: Introduction to Property Management
- Define property management and its role in the real estate industry.
- Explore career opportunities and required qualifications.
Module 2: Core Responsibilities of a Property Manager
- Understand the day-to-day tasks and duties of a property manager.
- Learn about tenant relations, maintenance coordination, and financial management.
Module 3: Legal and Ethical Considerations
- Grasp fair housing laws, landlord-tenant rights, and eviction procedures.
- Develop ethical practices for property management.
Module 4: Property Marketing and Leasing
- Master effective marketing strategies to attract qualified tenants.
- Learn the leasing process, including applications, screening, and lease agreements.
Module 5: Rent Collection and Financial Management
- Understand rent collection procedures and late payment policies.
- Develop budgeting, accounting, and record-keeping skills.
Module 6: Property Maintenance and Repairs
- Learn about preventative maintenance practices and tenant responsibilities.
- Understand the process for handling repair requests and emergencies.
Module 7: Managing Tenant Relations
- Develop effective communication and conflict resolution skills.
- Learn strategies for tenant retention and positive resident experiences.
Module 8: Fair Housing Laws in Depth
- Gain a comprehensive understanding of the Fair Housing Act and its implications.
- Explore strategies to ensure fair and non-discriminatory practices.
Module 9: Security Deposits and Move-Out Procedures
- Understand security deposit laws and deductions.
- Learn the process for move-out inspections and property turnover.
Module 10: Risk Management and Insurance
- Identify potential risks associated with property management.
- Understand the importance of property insurance and liability coverage.
Module 11: Legal Leases and Lease Agreements
- Deconstruct the key terms and clauses found in standard lease agreements.
- Learn how to draft and customize lease agreements for different situations.
Module 12: Property Inspections and Assessments
- Develop skills for conducting thorough move-in, move-out, and routine inspections.
- Learn how to assess property condition and identify potential problems.
Module 13: Managing Commercial Properties
- Explore the unique aspects of managing commercial properties compared to residential.
- Understand commercial lease agreements and tenant relations for businesses.
Module 14: Utilizing Technology in Property Management
- Learn about property management software for streamlining tasks and communication.
- Explore online tools for marketing, tenant screening, and maintenance management.
Module 15: Building a Strong Vendor Network
- Develop relationships with qualified vendors for maintenance, repairs, and property services.
- Learn how to negotiate contracts and ensure high-quality service.
Module 16: Financial Analysis and Reporting
- Understand key financial metrics used in property management.
- Learn how to generate reports for owners and investors.
Module 17: Marketing Strategies for Budget-Conscious Properties
- Develop effective marketing strategies for affordable housing or less competitive properties.
- Learn how to attract and retain tenants within budget constraints.
Module 18: Dealing with Difficult Tenants
- Develop strategies for effectively handling problem tenants and rent delinquencies.
- Learn eviction procedures and legal guidelines.
Module 19: Setting Yourself Up for Success
- Explore different business models for property management companies.
- Learn about marketing your services and building a client base.
Module 20: Staying Current in the Industry
- Understand the importance of continuous learning in property management.
- Explore resources for staying updated on legal changes, industry trends, and best practices.
Diploma in Property Management
Digital Certificate of Completion