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Property Management Business

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Property Management Business
Last updated 10/2021
MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz
Language: English | Size: 3.61 GB | Duration: 2h 46m

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,

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