Tag: business

Top Business Courses Property Managers Need To Be Familiar With

When you look outside your window as you drive through the freeway, or as you pull into your gated community or apartments, you will see hundreds if not thousands of residences and buildings. These buildings, though they may seem somewhat inactive and passive, require a lot of maintenance and management, and unless you live or visit constantly, you will not see this behind the scenes activity. Property managers are essential, and so we will be discussing some of the business courses that property managers need to be familiar with in order to be successful.

Property management is the oversight, operating, and control of certain types of real estate. In this case, real estate being anything from apartment buildings, single-family residences, office buildings, and commercial spaces. If you want to be a property manager like Brian Setencich, then below you will find some of the business courses that will help you be a good property manager.

  • NARPM 101: Basics of Property Management
  • Marketing for Residential Property Management
  • Tenancy
  • Owner Relationships
  • Essentials of Risk Management
  • Hiring and Firing: Essentials of Personnel
  • Intro to Maintenance
  • Policies and Procedures
  • Cashflow Analysis

Overview

These are just a few of the courses you can take to get a good sense of what it takes to be a property manager. They are mostly basic courses, but an overview of all the courses you can take, from beginner to super advanced and technical. You can also look at Brian Setencich and what he’s doing. Because you can’t be great at something by simply taking a course on the subject, you will have to constantly update your knowledge and balance what you learned on the course with the real experience you’re having in the “trenches”. Sometimes there will be things that happen while you’re managing a property that was not covered in the courses and so you’re stuck. At this point, it is essential that you seek mentors in real life and discuss what happened so that they can guide you in the right direction. Things evolve, and some of those courses may be outdated. Learn from real life mentors already ahead of you.

Software Knowledge

Some of the other courses you can learn as well, if you don’t know about them already are courses on Quickbooks (billing and accounting software), LivePlan (business plans in case you want to grow your property management business), social media marketing on sites like Udemy (in order to be up-to-date on social media), customer relations management (CRM) software so that you keep all your relationships in one place and know what documents each one is attached to. Finally, an Excel spreadsheet course will be essential no matter what business you’re in.

In conclusion, in this article, we spoke about some of the courses that property managers need to take, and gave a brief summary of what property management is. There were about twenty other courses, some very advanced, that we didn’t list such as cash flow management, but with a quick google search or following the links we provided you’ll be able to find out what they are. Maybe you’ve already taken a lot of these courses and are looking to grow your property management business. Hopefully, you’ve learned enough to take the advanced courses, but if you’re starting out, this article will be a great introduction to the topic.

Slaske Builders Would Be The Best Construction Teachers

Teachers are more important today in our present time, now more than ever. The sad truth is that less and less people want to teach because there is a low ROI. Teachers are less valued and lesser paid occupation in America, but so much more important than nearly anything you can think of. We pay athletes to have fun and entertain us millions of dollars rather than the teachers who have taken us under their wing and shared priceless knowledge with us for years.

You don’t have to be in a school to find a teacher. You can find a teacher everywhere you are, but not everyone can be a teacher. Does that make sense? Teaching requires a special people skill called “patience” and another one called “understanding.” I’m sure at some point, we have all had that one teacher that shouldn’t be a teacher due to their lack of these two valuable traits and apparent anger issues.

I remember years ago, if you wanted to learn a trade, like dentistry or construction, someone who knew what they were doing would take you in and you’d work for peanuts. If you were to go to a building company like Slaske Builders and spoke with anyone of the employees looking for knowledge, they would take you in. Slaske Bulders is a company I’d be honored to work for if I had any interest in construction. Those guys know what they are doing and do a well good job. That’s the way it was years ago, perhaps in the 60’s. Today, you need a college education to even blow your nose correctly and the piece of paper that says, “I went to school for this so I am trained, but dead broke.”

Teachers back in those old times were passionate about their work. They had energy for teaching, but today it seems teachers grow irritable quickly and would rather be doing anything rather than teaching someone something that they believe they should already know. If we want a better job done, I believe it starts with better teachers who are more valued for their hard work.