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Fundamentals of Affordable Rental Property Management 201 – Webinar

November 21 @ 2:00 pm - 3:00 pm

This comprehensive course equips experienced affordable rental property managers with advanced skills and knowledge to excel in their roles. Through a series of lessons, you’ll delve into critical aspects of financial management, team leadership, owner relations, legal compliance, and strategic planning.

Lesson 1 – Financial Management: Understand the financial calendar and its associated events. Learn to differentiate between invoices and statements, and master the art of handling small balance letters effectively.

Lesson 2 – Supervision and Leadership: Discover strategies to boost team morale and foster professional development. Gain insights into staff discipline, common pitfalls in management, and essential leadership qualities. Additionally, explore the role of property managers in capital expenditure (CapEx) projects.

Lesson 3 – Owner Correspondence: Master the art of communicating effectively with property owners. Learn to address vacancy loss, calculate economic occupancy, compile comprehensive financial reports and owner packets, and navigate management agreements.

Lesson 4 – Legal Processes and Fair Housing: Dive deeper into legal procedures, such as non-renewal processes and responding to fair housing claims. Understand the supervisor’s role in addressing hoarding situations and ensuring compliance.

Lesson 5 – Advanced Financial Management: Develop expertise in creating and managing budgets, understanding approval limits, analyzing variances, forecasting projections, and preparing budget requests.

By the end of this course, you’ll possess a comprehensive skill set to navigate the intricate financial, legal, and operational aspects of affordable rental property management. You’ll be equipped to lead teams effectively, maintain strong owner relationships, and ensure compliance with industry regulations.

Package rates and group discounts available.  To register a group of four or more email mahma@caahq.com.

MAHMA Cancellation Policy: All cancellations must be received in writing five business days in advance.  No shows will be billed, substitutes accepted.

Non-Members must pre-pay.

Details

Date:
November 21
Time:
2:00 pm - 3:00 pm

Organizer

Midwest Affordable Housing Management Association
Phone
614-481-6949

Venue

Webinar