2020 Property Management Lunch & Learn 12.15
Education Course
$0/Attendee
$10/Guest
Join us for this lively conversation from two MMAR Property Management pros! Bring your own lunch!
Amy Good - Good Mountain Real Estate
Eric Gill - Bear Paw Stanbro Property Management

Things a Realtor Should Know About Rental Properties: 
In property management, we do it all and have to be experts at everything.
  1. Know the market trends
  2. Characteristics of a good investment property
  3. Furnished vs. Unfurnished
  4. Best price point
  5. Expected ROI
  6. How to figure rental prices (i.e. location, amenities, updated, etc), Pricing a house for rent
  7. What needs to be done to get a house ready to rent
  8. Long term vs. Short term rentals
  9. If inventory is low, what is the best time of year to rent? When is a bad time of year?
  10. What are the tax benefits? What can I write off?
  11. 250k or 500k per couple tax free exemption
  12. What can be written off vs. what cannot
  13. Why I need to be an agent/broker to manage homes
  14. Escrow accounts
  15. What is a 3 way reconciliation?
  16. What happens if I get audited?
  17. Evictions- how many do I do a year?
  18. Marketing to find tenants
  19. Tenant screening
  20. Getting sued by a tenant or owner
  21. What makes a good lease? And how do we get tenants to follow a lease? Can it be one sided?
  22. Buyers and sellers/Selling a rental – who sets up showings, inspection questions, etc.
  23. Responsibility as an owner
  24. Insurance – owner needs and tenant needs
  25. Store front office
  26. What to put in Additional Provisions
  27. Showings – 24 hour notice to show, which is different than selling a house
  28. COVID safety rules
  29. Property managements role if home/condo is in an HOA, who deals with complaints, violations, fines
  30. Different kinds of property management – HOA, short term, long term, commercial, industrial, development management
  31. Helping an investor purchase – lease assignment, showing while under contract
  32. Service animals
  33. Section 8
  34. Citizenship
 
 
12/15/2020 11:30:00 AM to 12/15/2020 1:00:00 PM
Online via Zoom
Debbie Propeck
(303) 674-7020
80
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Instructor Information

Amy Good, Eric Gill