Managing Single Family Homes and Small Investment Properties is the result of an exciting collaboration between IREM and the National Association of Residential Property Managers (NARPM) that serves as a primer for agents and owners to introduce them to real estate management basics.
What You Will Learn
Management Agreement. Requirements for management agreements, state real estate license requirements
Ethics and Legal Issues. Importance of ethics in property management, fair housing issues, resident-landlord and other laws related to leasing and property management, evictions
Risk Analysis. Risk management program, common residential property hazards, insurance types, insurance claims
Maintaining the Property. Maintenance guidelines and strategies, major residential maintenance components, working with contractors, creating a greener property
Financial Tools. Property budgets and trust accounts, cost-benefit analysis, record-keeping and reporting systems
Marketing and Leasing. Market analysis, rental rates, advertising, showing the space, resident solicitation, screening and selection, residential leases, lease renewal
How You Will Benefit
Gain an in-depth understanding of the intricacies of managing single family homes and small investment properties
Maximize the value and financial potential of the properties you manage
Secure a reputation as a manager who knows what it takes to lease and manage a property
Earn the respect of residents
For important course requirement information, please click here.
Note: This course is approved for 8 clock hours of continuing education credit by the California Bureau of Real Estate, in the category of Consumer Protection (Sponsor 0307). However, this approval does not constitute an endorsement of the views or opinions which are expressed by the course sponsor, instructors, authors, or lecturers.
Related Readings: Order online or use the publications order form in the Publication Catalog.
Practical Apartment Management, Sixth Edition
Edward N. Kelley, CPM
Whether you're a site manager of a single building or an executive manager of multiple properties – this book is a must for every apartment manager. This how-to, hands-on guide covers the basics through advanced solutions for marketing and leasing rental properties. Topics include:
- Hiring and managing property staff
- Establishing policies to guide property operations
- Leasing policies, the rental application process, and the lease document
- Developing strategies for maximizing rent collections
- Maintaining the property
- Preparing a marketing campaign
- Setting and raising rents
- Upgrading and renovation
Price: $47.95 Member Price; $59.95 Regular Price