Online Class: Landlord 101 - Managing Rental Properties
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 | | | Learn the Fundamentals of Property Management
| | Course Cost: 6 Month Subscription Course (no Certificate) = $44.00 Course with CEU Certificate* = $69.00 | * Instantly download, print, and share your CEU Certificate at course completion (additional shipping/handling charges apply for hard copy delivery).
UniversalClass™ offers many wonderful learning tools including an online portfolio service that manages all your course completions and CEUs.
 Course Description Have you ever wanted to be a landlord? This multi-faceted career can be challenging and rewarding both personally and financially. Our course provides a broad yet detailed examination of the many areas that a property manager must blend together to be successful. Lesson 1 asks the question: are you ready to be a landlord? It focuses on the disciplines involved in property management and discusses planning and goal setting. In Lesson 2, you'll discover the benefits of commercial and residential properties, and what types of tenants will be renting from you. We explain what to do before purchasing a property and how to make an offer in Lesson 3. Ownership rights and responsibilities are discussed in Lesson 4, including laws and regulations you must abide by. Lesson 5 examines the financial factors to consider and how to set rental prices. You'll learn how to choose the best tenants and how to attract them to your property in Lesson 6. Dealing with tenants (and how to avoid bad ones) makes up Lesson 7. Lesson 8 covers handling tenant issues and explains the eviction process. We focus on the lease in Lesson 9 by explaining how to create a lease and the lease dispute resolution options are available to you. Lesson 10 will help you understand the five types of property maintenance and describes common trouble spots. In Lesson 11 we discuss financing options for purchasing your property. The course concludes with Lesson 12, which explains how to sell your property. Learning Outcomes By successfully completing this course, students will be able to:
- Summarize career opportunities in income property management.
- Define property types.
- Summarize buying your property.
- Describe rights and responsibilities.
- Summarize financial considerations.
- Define tenants and what to look for in a tenant.
- Describe dealing with tenants.
- Summarize common tenant issues and how to resolve them.
- Create a lease.
- Describe property maintenance responsibilities.
- Determine when to sell the property, and
- Demonstrate mastery of lesson content at levels of 70% or higher.
Course Lessons |  | Lesson 1: A Career in Income Property ManagementThis lesson introduces you to property ownership and management. We cover the basics of property ownership requirements and discuss setting personal and financial goals | Lesson 2: Property TypesThis lesson covers the two primary real estate classifications: commercial property and residential property. We examine retail, industrial and office buildings, and discuss what to look for in a commercial property. Then we cover residential investments | Lesson 3: Buying Your PropertyThis lesson covers the steps involved in purchasing an income property. We'll start with analyzing a property, then discuss financing options, and continue with the strategy of making an offer. We end with an examination of the basics of a purchase and sa | Lesson 4: Rights & ResponsibilitiesThis lesson covers the obligations that are involved in landlord - tenant relationships. We begin with the responsibilities you have as a property manager, including your duty to maintain the property. Next, we provide an overview of income property | Lesson 5: Financial ConsiderationsThis lesson covers the financial aspects of managing properties. Starting with elements of a budget, we proceed to a discussion about setting your rental prices. We conclude with the tax implications of property ownership. | Lesson 6: TenantsThis lesson covers how to attract and retain quality tenants. We start with a discussion on how to reach the best possible prospects. Then we'll examine how to choose the tenants you want. The lesson concludes by offering ways to keep good tenants at your | Lesson 7: Dealing With TenantsThis lesson covers a property manager's greatest challenge: tenants. We'll discuss things that can go wrong, how to avoid bad tenants, and an effective approach to handling situations involving tenants. | Lesson 8: Tenant IssuesThis lesson covers the management of issues involving tenant behavior. We'll discuss how to manage tenant behavior, five common problems involving tenants, and the eviction process. | Lesson 9: Creating a LeaseThis lesson covers the essential tool for property managers: the lease agreement. We'll explain the importance of a lease then cover essential terms within a lease. The lesson concludes with a brief discussion on how to resolve disputes regarding the leas | Lesson 10: Property MaintenanceThis lesson covers maintenance issues involved in property management. We discuss the types of maintenance required and examine common areas that may need maintenance. | Lesson 11: FinancingThis lesson covers the elements of financing an income property purchase. We start with fundamental concepts and what lenders look for. Next, loan types are discussed. The lesson finishes with some creative ways to finance a purchase. | Lesson 12: Selling Your PropertyThis lesson covers the process of selling an income property. We explore whether a real estate broker is necessary then discuss the selling approach. The lesson finishes with an examination of what buyers look for. |
Additional Information | Course Title | : | Landlord 101: Managing Rental Properties | | CEU Value | : | | | Standard | : | Course Adheres to the ANSI/IACET 1-2007 Standard | | Accreditation | : | | | Languages | : | English - United States, Canada, United Kingdom, Australia, New Zealand, and other English speaking countries | | Course Number | : | 7550158 | | Course Type | : | Professional Development | | Course URL | : | | | Course Rating | : |  | | Instructor | : | UniversalClass Staff Instructor | | Syllabus | : | | | Grading Policy | : | Earn a final grade of 70% or higher to receive a CEU Certificate documenting CEUs earned | | Assessment Method | : | Lesson assignments and review exams | | Duration | : | Continuous: Enroll anytime! | | Requirements | : | View Technical Requirements | | Course Fee | : | Basic Course: $44.00 (no CEU Certificate) | | | | | NOT FOR COLLEGE CREDIT This is a non-credit course, and is provided for your personal enrichment.
This course is not intended to be a substitute for any state, government, licensing, certification or educational requirements.
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