Thinking about becoming a landlord? Become a landlord and successfully manage your properties and discover how to be a landlord with ease. This Property Management advanced course gives proven strategies for establishing and maintaining rental properties. Have a single family or multi-resident unit or units? Find out what are the advantages of self-management and the pros and cons of this business. Effective Property Management Advanced course Module 1 will help you achieve your dream to become a successful residential rental property owner and will understand what to look for before you have a final deal. After completing this course, you will be prepared to know where the pitfalls are, how to identify these pitfalls and how to overcome them. Course duration - 1 hour
Managing your own rental property has some distinct advantages. Watch further to see why.
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
Are the pros more than the cons?
Hiring a full-service management company, will typically give you services. This tutorial I discuss what services you will get when hiring such company.
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.
Management companies are compensated in a variety of ways. What kind of fees are applicable?
What is a management agreement and why is it so important to enter into such an agreement?
What are the very Important Questions that you should ask the Prospective Management Company before you may appoint them?
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 important issues should one look for when taking over the property - In this lecture I discuss these issues.
Walking through again with the tenant now that you’re the owner can be helpful. Why?
The tax laws allow your rental housing business to deduct operating expenses.... What are these expenses?
Why follow state or local laws when acquiring an occupied rental property, and how should a landlord handle the tenant’s security deposit?
Nelius Smit CEO of various companies, business adviser, property manager of several properties for various landlords as well as his own properties, business broker, coach and studied law. Nelius has more than 30 years marketing experience of which approximately 20 years in the property industry. Property Management is his passion because it is a people business.