Effective Property Management Advanced Course Module 2

Learn more about managing your property, the property of others and become an expert in the field of Property Management

Created by: Nelius Smit
Businessman, Property Practitioner, Business Adviser

What Will I Learn?

• Know how to obtain the required licenses which a property owner has to have
• Look at Utility board records which include electricity, natural gas water/sewer, trash collection, telephone connection, etc.
• The necessity of contract copies to be kept which include agreements made with maintenance landscapers, pest control services, etc.
• Begin converting existing tenants do your own lease or rental agreement
• Know how to handle rent increases.
• Fill vacant units because for every day the unit/s stands vacant a lot of income can be lost
• Renting a property and everything from getting a rental unit ready to setting the rent and advertising
• Getting a property ready for perspective tenants and how to prepare a rental property which is one of the most basic property management functions.
• Handle vacancies is the first step in getting good tenants and to develop a plan to get each vacant unit in top condition.
• When should you renovate and upgrade your unit.
• When to increase the rent or leave it as it is and settle for the same old rent.
• Find out what prospective renters actually want
• First impressions of a rental unit - Why must a unit stand out above the other units in the neighbour
• Be able to compile a list of what to go over in preparation for your new tenant.

Requirements

• This course is for anyone but it would be good for students to watch the FREE course and start with the Advanced Course as per Module 1

Target audience

• Anyone who is involved in property management as a landlord, property manager, working in an estate agency firm handling property management on behalf of the firm.