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WIZAPE
Apprentice Mode
10 Modules / ~100 pages
Wizard Mode
~25 Modules / ~400 pages

Managing Residential Properties
( 25 Modules )

Module #1
Introduction to Residential Property Management
Overview of the residential property management industry, roles and responsibilities of a property manager, and importance of effective management.
Module #2
Understanding the Residential Property Management Agreement
Review of the property management agreement, including terms, conditions, and responsibilities of the property manager and property owner.
Module #3
Marketing and Leasing Strategies
Effective marketing techniques, leasing strategies, and tenant screening processes to minimize vacancy rates and maximize revenue.
Module #4
Resident Screening and Selection
Best practices for screening and selecting residents, including credit checks, rental history, and criminal background checks.
Module #5
Lease Administration and Compliance
Lease preparation, execution, and compliance with federal, state, and local laws and regulations.
Module #6
Rent Collection and Accounting
Effective rent collection strategies, accounting principles, and financial reporting requirements.
Module #7
Budgeting and Financial Planning
Developing and managing operating budgets, capital budgets, and financial plans for residential properties.
Module #8
Maintenance and Repairs
Coordinating and managing maintenance and repair services, including vendor selection and quality control.
Module #9
Risk Management and Insurance
Identifying and mitigating risks, including liability insurance, property insurance, and workers compensation insurance.
Module #10
Compliance with Fair Housing Laws
Understanding and complying with federal, state, and local fair housing laws and regulations.
Module #11
Tenant Relations and Customer Service
Effective communication strategies, conflict resolution, and customer service techniques for managing tenant relations.
Module #12
Move-In/Move-Out Procedures
Coordinating move-in and move-out procedures, including inspections, damage assessments, and security deposit administration.
Module #13
Property Inspections and Audits
Conducting regular property inspections and audits to ensure compliance with laws, regulations, and company policies.
Module #14
Vendor Management and Procurement
Selecting, contracting, and managing vendors, including procurement processes and contract administration.
Module #15
Emergency Preparedness and Response
Developing and implementing emergency preparedness and response plans, including natural disasters and security incidents.
Module #16
Technology and Property Management Software
Leveraging technology and property management software to streamline operations, improve efficiency, and reduce costs.
Module #17
Residential Property Management Regulations
Understanding and complying with state and local regulations governing residential property management, including licensing requirements.
Module #18
Tax and Financial Reporting Requirements
Understanding tax and financial reporting requirements for residential properties, including depreciation, interest, and expense reporting.
Module #19
Insurance and Risk Management for Property Owners
Insurance options and risk management strategies for property owners, including liability insurance and property insurance.
Module #20
Dispute Resolution and Litigation
Managing disputes and litigation related to residential property management, including negotiation, mediation, and arbitration.
Module #21
Environmental Concerns and Sustainability
Addressing environmental concerns, including mold, asbestos, and lead-based paint, and implementing sustainable practices in residential property management.
Module #22
ADA and Accessibility Compliance
Complying with the Americans with Disabilities Act (ADA) and ensuring accessibility in residential properties.
Module #23
Pool and Amenities Management
Managing pool and amenity areas, including safety protocols, maintenance, and vendor management.
Module #24
Seasonal and Special Event Management
Coordinating seasonal and special events, including holiday decorations, pool parties, and community events.
Module #25
Course Wrap-Up & Conclusion
Planning next steps in Managing Residential Properties career


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