Stratford's Property Management training course has 4 Modules and a total of 14 lessons.
This course is self-guided with ongoing support from instructors as requested. Once you successfully pass exams in one module, the next module will be made available to you.
The Role of a Property Manager
Module 1 - Lesson 1
Key Personality Traits for Entrepreneurs in the Field of Property management
Market and Generational Shifts Affecting the Profession
Qualities of a Profitable Property Management Business
Start-up Costs and Controlling an Asset
Business Innovations in Property Management
The ?Doorpreneur? Model
Operating a Successful Property Management Business
Coordinating Maintenance and Cleaning Teams
Module 1 - Lesson 2
Organizational Skills and Leadership Skills in Property Management
Developing Strategic Relationships
Understanding Operating Procedures
Recognizing Talent and Demanding Excellence from Service Teams
Using Technological Advancement to Optimize Efficiency in Property Management
Personal Habits of a Successful Property Manager
The Benefits of Mindful Strategies
Holistic Approach to Managing Properties
Finance for the Entrepreneur
Module 2 - Lesson 1
Basic Business Math
Assets and Liabilities
Balance Sheet
T-accounts
Debits and Credits
Income Statement
Revenues and Expenses
Income and Equity
Depreciation and Amortization
Module 2 - Lesson 2
Analyzing
Ratios and Formulas
The DuPont Return on Assets
Completion and Analysis of Comparative Financial Statements
Variable and Fixed Costs
Break-even Point
Gross and Net Profit
Module 2 - Lesson 3
Preparing Budgets for Sales, Purchases, Expenses and Cash
Financing Alternatives
Analysis of Strengths, Weaknesses, Opportunities and Threats
Business Valuation
Property Management in Detail
Module 3 - Lesson 1
Classifications of Real Property
Key Employment Opportunities in Real Pr
Factors which Influence the Real Estate Economy
Key Components of a Property Management Plan
Market Data and Property Analysis
Marketing Principles and Advertising Methods
Module 3 - Lesson 2
Staffing Requirements for a Property Management Office
Budgeting Methods and Management Fees
Financial Reports and Accounting Practices
Managing Key Relationships in the Property Management Field
Return-on-investment, Break-even Analysis and Capitalization Rate Formulas
The Significance of an Owner?s Objectives and Key Components of the Management Contract
Module 3 - Lesson 3
Residential Property Types
Tenant and Staffing Considerations
Managing Specialized Housing: Cooperatives, Condominiums and Planned-unit Developments
Managing Subsidized Housing; Manufactured Home Parks and Housing for the Elderly
Lease Formats, Leasehold Estates and Sections of a Valid Lease Agreement
Key Considerations when Negotiating and Signing a Lease
Module 3 - Lesson 4
Maintaining Mutually Beneficial Landlord-Tenant Relations
Key Strategies for Timely Rent Collection and Methods to Facilitate Lease Renewal
Necessary Steps for Terminating a Lease and Alternatives for Terminating a Lease
Fair Housing Laws and Protections for Tenants; Energy Efficiency Measures
Managing Maintenance Personnel; Coordinating Construction Activities
Module 3 - Lesson 5
Commercial Property Management
Strategies for Marketing Commercial and Industrial Properties
Commercial Market Analysis; Qualifying a Commercial Tenant
Industry Methods for Negotiating a Commercial Lease
Maintenance and Staffing Considerations for Commercial Properties
Forms of Payment for Commercial Properties
Module 3 - Lesson 6
Four Methods of Risk Management
Recommended Insurance Policies for Owners, Managers and Tenants
Environmental Laws and Legislation in Property Management
Controlling Common Hazardous Substances
Life Safety Programs for Prevention, Detection, Containment and Counteracting Damages
Key Measures to Prevent Criminal Activity on a Rental Property
Entrepreneurial Skills
Module 1 - Lesson 1
What Makes an Entrepreneur Tick
Business-Residence Concept
21 Steps to Home Business Success
Start or Buy
Home-Based or Location-Based
Products Versus Services (or a Hybrid)
Product, Manpower, and Capital Options
Selection Criteria
Module 1 - Lesson 2
Home Entrepreneurship;
Advantages and Disadvantages of a Home-Based Business
Professional Image
Promotion
Recordkeeping, Insurance, and Laws
Financial Statements
Learning from Experience
Managing Time and Stress
Module 1 - Lesson 3
Personal
Qualities Needed for Success
Selecting the Right Business Name
Questions to Answer Before You Buy a Franchise
Legalities and Tax Advantages in a Home Business
Incorporating a Small Business
Ongoing Stress Management
This educational program is an introductory course designed to help students gain knowledge necessary for the vocational application of this subject. Completion of this program does not fulfill the legal requirements of particular state licenses or certifications, which may require additional training or apprenticeships. One or more of the course subjects/textbooks may vary as courses are updated.
*Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, Property, Real Estate, and Community Association Managers.
