2020 Property Management Lunch & Learn 12.15
Type:
Education Course
Member Cost:
$0/Attendee
Guest Cost:
$10/Guest
Description:
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.
Know the market trends
Characteristics of a good investment property
Furnished vs. Unfurnished
Best price point
Expected ROI
How to figure rental prices (i.e. location, amenities, updated, etc), Pricing a house for rent
What needs to be done to get a house ready to rent
Long term vs. Short term rentals
If inventory is low, what is the best time of year to rent? When is a bad time of year?
What are the tax benefits? What can I write off?
250k or 500k per couple tax free exemption
What can be written off vs. what cannot
Why I need to be an agent/broker to manage homes
Escrow accounts
What is a 3 way reconciliation?
What happens if I get audited?
Evictions- how many do I do a year?
Marketing to find tenants
Tenant screening
Getting sued by a tenant or owner
What makes a good lease? And how do we get tenants to follow a lease? Can it be one sided?
Buyers and sellers/Selling a rental – who sets up showings, inspection questions, etc.
Responsibility as an owner
Insurance – owner needs and tenant needs
Store front office
What to put in Additional Provisions
Showings – 24 hour notice to show, which is different than selling a house
COVID safety rules
Property managements role if home/condo is in an HOA, who deals with complaints, violations, fines
Different kinds of property management – HOA, short term, long term, commercial, industrial, development management
Helping an investor purchase – lease assignment, showing while under contract
Service animals
Section 8
Citizenship
Time:
12/15/2020 11:30:00 AM to 12/15/2020 1:00:00 PM
Address:
Online via Zoom
Member Login:
Click Here to Register
Contact:
Debbie Propeck
Contact Phone:
(303) 674-7020
Contact Email:
mmarinfo@mountainmetro.com
Max Attendees:
80
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Instructor Information
Name:
Amy Good, Eric Gill