Property Management Business

How to verified tenant history, How to start property management business, How does property management work etc

What you’ll learn
Learn how does property management work
Learn how to start a property management company
Qualities to look for when hiring your next property manager
Key performance indicators metrics every property manager should track
How to avoid property management embezzlement and overpriced fees
Learn steps to prevent property management fraud
How to manage a rental property
Steps to checking a prospective tenants rental history
Learn how eviction work: Rules for landlord and property managers
Tenant defenses to eviction
Benefits of using a property management company
Requirements
No Requirement
Description
Property management involves the administering of someone property or an entity, Its also involves the supervision and management of industrial properties, residential properties and commercial properties, which includes apartment and detached houses etc The work of the property management company is to ensure that he/she is able to management the property and be able to get good tenants to occupy the houses or if its a commercials property they are able to give it to business people or rentals, the property manager must also ensure that the property is safe and well protected from destruction and be well protect from any criminal activities. One cannot just becomes a property manager or manage a property management company, it important that property managers need to develop a very good business plan and get the required business registration documents, with the required financial capital to be able to start the property management company. There are some qualities you should look for when hiring or selecting a good property manager but the basic thing is that property managers must be able to communicate with its staff and the landlord as well as the tenants who are occupying the properties, because communication is very essential to the success of any organization, the ability to communicate well with tenants help to resolve challenges and problems when they come in the cause of business. Property managers must also ensure that they are knowledgeable in the business they are doing, this means they must get the right education and the training before doing the job to ensure that they do their job efficiently and effectively. There should be a very good performance indicators to ensure that the business is on track, doing assessment on the occupancy and vacancy rare, which determined how the property is being occupied.

Overview

Section 1: Introduction

Lecture 1 Introduction

Lecture 2 What is property management

Lecture 3 How does property management work

Lecture 4 Types of property management

Section 2: How To Start A Property Management Company

Lecture 5 Setting up your property management company

Lecture 6 Organizing your finances

Lecture 7 Getting your business off the ground

Lecture 8 Marketing your property management company

Lecture 9 Bringing on your first property

Lecture 10 How to create your residential experience

Lecture 11 Managing your properties

Section 3: Qualities To Look For When Hiring Your Next Property Manager

Lecture 12 Have excellent communication skills

Lecture 13 Be highly efficient and organised

Lecture 14 Be trained and educated with a focus on continual education

Lecture 15 Have in-depth knowledge about local rental market

Lecture 16 Be experience or part of highly experience property management team

Lecture 17 Have an investor mindset with a focus on helping maximize investment success

Lecture 18 Have strong reference from both landlords and renters

Lecture 19 Have a strong ability to negotiate and be stern when required

Section 4: Key Performance Indicators Metric Every Property Manager Should Track

Lecture 20 Property won versus properties lose

Lecture 21 Property acquisition costs

Lecture 22 Occupancy and vacancy rates

Lecture 23 Average arrears

Lecture 24 Tenant turnover

Lecture 25 Rent – ready cost

Lecture 26 Average days – to -lease

Lecture 27 Net income

Lecture 28 Repair and maintenance

Lecture 29 Property management fees

Lecture 30 Revenue growth

Section 5: How To Avoid Property Management Embezzlement And Overprice Fees

Lecture 31 Common property management mistakes

Lecture 32 Is your property management company overcharging you

Lecture 33 Property management embezzlement

Lecture 34 Steps to prevent property management fraud

Section 6: Benefits Of Using A Property Management Company

Lecture 35 Screen out problem tenants and act as point of contact for tenant concerns

Lecture 36 Market your rentals and decrease tenant turnover

Lecture 37 Ensure rent is paid on time, and avoid legal issues

Lecture 38 Save your money on maintenance and repair cost

Section 7: How To Manage A Rental Property

Lecture 39 Landlord obligation

Lecture 40 Property maintenance obligation

Lecture 41 Tenant management obligation

Lecture 42 Rental property record keeping

Lecture 43 Rental property accounting

Section 8: Steps To Checking A prospective Tenant’s Rental History

Lecture 44 Credit history

Lecture 45 Income, relevant criminal background check

Lecture 46 Eviction history

Lecture 47 How to verify rental history

Section 9: How Eviction Works: Rules For Landlord And Property Managers

Lecture 48 Eviction during the covid-19 outbreak

Lecture 49 Notices for termination with cause

Lecture 50 Notices for termination without cause

Lecture 51 Removing the tenant after an eviction suit

Section 10: Tenant Defenses To Eviction

Lecture 52 The landlord must give proper notice

Lecture 53 The landlord accepted partial rent payment

Lecture 54 The landlord has failed to property maintain the property

Lecture 55 The landlord is attempting a retaliatory eviction

Tenants, landlords, estate brokers, property managers, property management estate developers, company, rental associations, property consultants, governments, building engineers, regulatory authorities, building associations,