How to Start, Run, and Grow a Property Management Business - 10 Lesson Course

Everything You Need To Launch Your Property Management Business

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10-Lesson Training Course that will equip you with the information, skills, and tools needed to succeed in residential property management.

This course covers the essential activities involved in operating a property management business like leasing, maintenance, rent collections, inspections, and much more. Along with learning the core functions of a property management company, our expert instructors will incorporate the key business components, such as technology, operations, finance, marketing, and reporting. Coupled with property management know-how learned in this course, these fundamentals will provide you with the real-world skills to build a successful property management business.

In This Course You Will Receive:

  • 10 Self-Guided Online Training Lessons
  • A Property Management Startup Workbook
  • 10 Lesson Quizzes
  • A Property Management Business Toolbox Provided by Rent Bridge, Giving You Some Great Tools and Resources to Get Started


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See What Each of the 10 Lessons Cover


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In This Course You Will Receive:

  • 10 Self-Guided Online Training Lessons
  • A Property Management Startup Workbook
  • 10 Lesson Quizzes
  • A Property Management Business Toolbox Provided by Rent Bridge, Giving You Some Great Tools and Resources to Get Started

Course Curriculum

Each lesson is designed to build on the previous topic in order to give you a solid foundation. These in-depth lessons dive deep into procedures, workflows, and technology, giving you a real, working knowledge of each stage of managing a property.

 

Lesson 1

Property Management Business Overview

  • Benefits of Operating a Property Management Business
  • What a Property Manager Does
  • How a Property Management Company Makes Money
  • Startup Checklist and Regulatory Issues
 

Lesson 2

Life Cycle of a Property Under Management

  • Sales and New Client Onboarding
  • Leasing and New Tenant Onboarding
  • Management During Lease Term
  • Move-Out and Relist Procedure
 

Lesson 3

Technology Solutions

  • Property Management Software
  • CRM
  • Leasing Software
  • Websites and Hosting
  • Document Storage
  • Task Management
  • Inspection Tools
  • Customer Service Tools
 

Lesson 4

Onboarding New Clients and Properties

  • Handling New Owner Leads and the Sales Process
  • Executing the Management Agreement
  • What You’ll Need From the Property Owner
  • Onboarding Clients and Properties into Your Property Management Software

 

Lesson 5

Leasing and Property Make-Readies

  • Determining the Rent Amount
  • Assessing and Preparing the Property
  • Listing the Property
  • Fielding Tenant Inquires, Showings, and Applicants
  • Executing the Lease
  • Move-In Inspections and New Tenants
 

Lesson 6

Managing During the Lease Term

  • Collecting Rent
  • Late Fees and Other Charges
  • Lease Enforcement Issues
  • Evictions
  • Maintenance
  • Inspections

 

Lesson 7

Lease Expirations, Renewals & Relists

  • Managing Lease Expirations
  • Renewals
  • Move-Outs
  • Make-Readies
  • Relists

 

Lesson 8

Marketing and Growing Your Business

  • Sales Pitch Development
  • Branding, Design, and Materials
  • Sales Process and Lead Workflow
  • Marketing Campaigns
  • Building a Marketing Budget

 

Lesson 9

Fees, Budgeting, & Planning

  • Sources of Revenue
  • Fee Structure Options
  • Ancillary Service Opportunities
  • Modeling Growth
  • Creating a Basic Financial Planning Model
  • Creating Your Vision for Your Company
 

Lesson 10

Reviewing Your Toolbox

  • Preferred Vendors
  • Departmental Business Tools
  • Resource Center
  • Discounted Services and Pricing

Your Instructor


Michael Park, JD
Michael Park, JD
Michael is the Managing Partner at Rent Bridge Group, LLC. During his 18 years working in residential real estate, Michael has managed the operations, sales, and metrics for thousands of residential properties across the nation. Michael's career spans the areas of residential real estate law, executive management, operations, sales, business development, and property management startups. Michael helps companies streamline processes, develop powerful growth strategies, and helps build more profitable property management companies.

 



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Testimonials

"This course is a game-changer. It leaves nothing to chance and holds your hand every step of the way. At this price or any price, it's worth it. I've gone back twice since I finished just to look over some of the videos again, and I learn something new every time! Use it for yourself, use it to train your staff, either way - you can't go wrong."

- Stacey Norris, Renters Warehouse Dallas

"It's just perfect. It includes things you would never even think to consider. It doesn't just tell you what to do, it tells you how to do it and then shows you how to make sure you've done it correctly. You start the first lesson, do what it tells you to do, and by the end of it all you're running a profitable business. It's fantastic."

- Katy Quigg, Open House Realty

"I already owned a successful property management business. I was skeptical and wondered if I could really get anything out of this course. I'm SO glad I took the risk, this course was exactly what we needed! We really thought we knew what we were doing, but having worked with Michael and Heather before, I knew the information would be valuable and that I could at least use this to train my new hires. Not only did it turn out to be a great resources for new hires, but it completely transformed the way that we do business! We are more profitable, more streamlined, and growing quickly with less stress. You won't regret the investment."

- Johna Walker, Walker Real Estate

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Course Curriculum


  Startup Workbook
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days after you enroll
  Lesson 1: Property Management Business Overview
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  Lesson 2: Life Cycle of a Property Under Management
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  Lesson 3: Technology Solutions
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  Lesson 4: Onboarding New Clients and Properties
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  Lesson 5: Leasing and Property Make-Readies
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  Lesson 6: Managing During the Lease Term
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  Lesson 7: Lease Expirations, Renewals & Relists
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  Lesson 8: Marketing and Growing Your Business
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  Lesson 9: Fees, Budgeting, & Planning
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days after you enroll