Effective Property Management Advanced Course Module 1

Learn in depth how the professionals manage property, and you will be better off at managing properties yourself
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5 students enrolled
Instructed by Nelius Smit Business / Real Estate
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  • Lectures 16
  • Length 1 hour
  • Skill Level All Levels
  • Languages English
  • Includes Lifetime access
    30 day money back guarantee!
    Available on iOS and Android
    Certificate of Completion
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About This Course

Published 7/2016 English

Course Description

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

What are the requirements?

  • Students should have a passion to property managment
  • 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

What am I going to get from this course?

  • 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

What is the target audience?

  • This course is for students who wish to broaden their knowledge in the field of property management. The course will give you in depth training in specific fields of property management as per the lectures where you will learn how to manage a residential property, whether your own property yourself or properties of others. You will find this course helpful when deciding to make use of a property management company OR whether you should manage the property yourself. You will learn the pros and cons when making use of a professional company and if not what advantages you will have in managing the rental of the unit/s yourself. Should you decide to purchase a property the important issues when you take over the property is discussed and you will learn to implement your own policies and procedures for taking over the property before you legally become the new owner. A very important issue is the inventory and what should be included in the sale before taking over the property.

What you get with this course?

Not for you? No problem.
30 day money back guarantee.

Forever yours.
Lifetime access.

Learn on the go.
Desktop, iOS and Android.

Get rewarded.
Certificate of completion.

Curriculum

03:18

Hey there, I would recommend that you watch the FREE course "How To  Effectively Manage Your Property Portfolio" which is an Introduction to this course as it will broaden your knowledge with the follow-up courses. 

Section 1: Section 1
Self Management or Hiring A Pro?
02:42
04:32

Managing your own rental property has some distinct advantages. Watch further to see why.

Self Management
1 question
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

05:12

Are the pros more than the cons?

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.


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.

03:14

Management companies are compensated in a variety of ways. What kind of fees are applicable?

03:28

What is a management agreement and why is it so important to enter into such an agreement?

05:17

What are the very Important Questions that you should ask the Prospective Management Company before you may appoint them?

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
1 question
02:23

What important issues should one look for when taking over the property - In this lecture I discuss these issues. 

02:03

Walking through again with the tenant now that you’re the owner can be helpful. Why?

Inspections
1 question
03:10

The tax laws allow your rental housing business to deduct operating expenses.... What are these expenses?

Taxes and Expenses
1 question
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?

Rentrolls
1 question
Concluding Module 1
00:38

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Instructor Biography

Nelius Smit, Businessman, Property Practitioner, Business Adviser

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 18 years in the property industry. Property Management is his passion because it is a people business.

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