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  • Benefits of Joining a Property Management School
    By admin on April 17, 2009 | 65 Comments65 Comments  Comments

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    Nowadays there are many property management school that can train students about different issues regarding management of property. Managing buildings and apartments is a lucrative career as there are many realty companies who hire trained professionals.

    Investment in landed property is very profitable as the price of building generally tends to increase in the future. Especially, those investors who own large properties like buildings prefer to opt for firms that have trained professionals to manage their buildings.

    Timely Maintenance And Repair Work Are Important

    Giving out apartments or shop spaces on rent is a popular way of making additional income from ones property. This is because lots of people prefer rented apartments to buying their own houses as the costs involved including maintenance charges are low.

    Also many small businessmen who do not have large offices prefer the system of storing wherein a shop or office space is hired on rent for storing goods.

    Those professionals who are trained from a management school have the technical knowledge regarding the different aspects of managing apartments and buildings. Especially giving out any building or apartment on rent has a lot of hassles that cannot be handled efficiently by the owner himself.

    First of all, the building has to be well maintained and all repair work should be done on time. If required, certain changes can be suggested and done with the owner knowledge to give the apartment a face lift. For instance, cargo space facilities can be increased and the lighting improved.

    Financial And Legal Knowledge Essential

    The apartments have to appropriately advertise via different mediums like the newspaper and the Internet so that a number of people can learn about them. The building has to be shown around to prospective tenants in a way that its plus points are highlighted. This will encourage visitors to take the apartment on rent.

    Also interested tenants have to be screened by verifying the details regarding their salary and credit history. Trained personnel have the expertise to carry out such verifications.

    Those who are trained from a property management school have the knowledge about legal issues related to realty. Once the tenant is selected the deal has to be prepared in keeping with tenancy laws and signed by both the owner and the tenant.

    Trained managers also know how to legally handle a situation when a tenant violates the deal like failing to pay rent repeatedly or causing some damage on the property. Legal proceedings are time-consuming if one does not know their correct procedure.

    Professionally trained managers have the required knowledge and the right contacts like property lawyers to handle problem tenants. Attending to complaints of tenants is also an important aspect of managing buildings. These could be regarding some repair work which needs to be done in the apartment or regarding some issue between two tenants.

    Professionals who are trained from a property management school have the expertise to handle such complaints by organizing immediate repair work. In case of any problem between two tenants, the manager has the training to settle all disputes in an amicable way to maintain a healthy and peaceful atmosphere in the building premises.

    Research On The Internet About Different Institutes
     
    There are many institutes which train people in management of buildings and apartments. Such training includes knowledge of legal and financial issues related to apartments and buildings.

    Those who are interested in having a career in this field should do some research on the Internet regarding the different institutes, their prospectus, their admission and study charges, and the different subjects that will be taught at the management school.

    One can also check for part time or correspondence courses, if he is already employed.

    Especially, those who enjoy a job which involves interacting with people can choose a suitable management school for a lucrative and satisfying career as a property manager.

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  • Property Management Schools for a Prosperous Career
    By admin on March 25, 2009 | 3 Comments3 Comments  Comments

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    Property management schools are special institutes that offer courses to teach the various aspects associated with a real estate property. If you want to become a property manager, you will need to pursue these courses. Management of properties is an established and well-respected profession. However, it is very important for you to understand that a career in this field has a number of different options. For example, the job profile varies depending upon whether you are working for residential apartments or commercial complexes. If it is a commercial property, you will be interacting with businesspersons with varying levels of need. You may also have to deal with leasing negotiations and legal contracts. On the other hand, if you are working as a residential property manager, your job profile will include collecting rent, interviewing the tenants, and looking after the maintenance work. Most property management schools offer courses in both residential as well as commercial fields. The best course for you is obviously the one that suits the field you are interested in.

    Education

    If you want to make your career in residential field, the first thing that you have to do is to obtain a bachelors or masters degree in relevant field from a reputed school. It is even better if the school you are getting enrolled in is duly accredited.

    Certification   

    Making a career as a property manager is not easy. You will have to work hard to get a job, as the competition is high. Every real estate investor wants to hire the most experienced manager. Therefore, you must have something that would give you a winning edge over other candidates who are also trying for similar jobs. The members certificate training programs offered by a leading national association of management professionals can be one such option. Besides doing courses from some property management schools , you are recommended to pursue this training program, as well. It will open the doors of more opportunities for you. If you have obtained this certificate, it becomes a proof that you have received extensive training in contracts, tenant communications, and asset management. There are two types of certificate programs available as of today – the Certified Professional Property Administrator and the Certified Professional Property Specialist.

    Online Training

    Even if you do not have a degree in building management, you can still make your career in this field. All you have to do is to get enrolled in a good online training program. You can find many online property management schools that offer an array of training programs that you can participate in right from the comfort and convenience of your home. This way, even if you are already working somewhere, you can still pursue this training program. Once the training is completed, a certificate is issued to you, which will help you find a good job. However, it is important for you to understand that different online programs usually follow a different curriculum. For example, you can find online seminars and training in fair housing laws, how to close deals, fostering tenant loyalty, and other such things.

    It is true that property management schools play a very important role in developing your career as a property manager, but you are strongly recommended to utilize the seminar and training opportunities provided by various associations and business networking organizations. This will help you advance your career.

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