Property Management classes curriculum
Developed by professionals with first-hand experience as property managers, our Property Management classes curriculum is tailored for the real world. You'll explore important fundamental concepts—as well as hands-on procedures—to ensure properties are well-maintained, occupied with good tenants, and profitable. Every class consists of practical lessons you can apply instantly to your day-to-day career.
Lesson 1: Learning at Ashworth
Lesson 2: Concepts in Small Business and Self-Employment
The goals and values of Ashworth College; time management; creating a realistic weekly and monthly study schedule; the nature and purpose of assessments; how to study effectively to prepare for and take an online examination; developing the skill sets necessary for success in the twenty-first century.
Lesson 3: Overview of Property Management: Economic and Planning
Evaluating your business idea; setting yourself apart from the competition; market testing; investment funding and donation funding; qualities of an entrepreneur; crowdfunding and angel investors.
Lesson 4: Managing Owner Relations and Marketing
Property management defined; types of properties involved; professional organizations; duties and job descriptions of property managers; applying principles of property management.
Lesson 5: Managing Leases and Lease Negotiations
Business relationships between property managers and owners; preparation of the management contract; the manager's reporting obligations; mutual responsibilities.
How to negotiate a lease to your advantage; understanding specific lease terms; concessions; rent schedules; rent rebates; length of the lease period; including options for tenant alterations and expansion; qualifying the prospective tenant financially.
The Property Management program is designed to teach students how to evaluate and select investment properties, establish favorable leasing terms and conditions, and screen and select tenants. Students learn to identify maintenance concerns, hire employees and contractors, manage legal and financial issues, establish healthy tenant relationships, and enforce rent due dates. Special topics include specific housing markets, affordable housing, and continuing education.
After completing the Property Management program, students will be able to:
List the personal and professional characteristics of successful property managers.
Outline the general scope of authority of property managers, based on the terms of the relationship with the property owner.
Determine when to retain property management personnel and when to hire skilled tradespeople and contractors.
Define business concepts related to property management, including advertising, marketing, record-keeping systems implementation, profit and loss, operating budget, and return on investment.
Describe how to target and screen for reliable tenants and how to handle tenant-related issues, such as obtaining security deposits, collecting rent, enforcing occupancy rules, and performing evictions.
Explain the importance of risk management and appropriate security for property and outline the steps to follow to assess liability and secure adequate liability insurance.
Ashworth College API Program Name Career Diploma program help you develop the confidence you need to reach for your career goals because we integrate job search prep into your studies. With the online tools at the Ashworth EDGE, you’ll get step-by-step guidance as you create polished, professional resumes and letters. After you graduate, you’ll keep your Ashworth EDGE account so you can revisit the tools any time you need to make a good impression on a potential employer. Learn more about it at the Career Services page.