Buying and Managing Apartment Buildings for Profit
MGMT 890.07
This course shows you how to buy, own and operate apartment buildings as a profitable and headache-free business. Learn how to find and select a building to purchase, how to analyze financials, and much more.
Learn how to find and select a building to purchase and analyze the financials
Learn how to do effective marketing of vacancies and select tenants
Understand when to "DIY" or when to hire a professional for repairs or management
About this course:
Are you considering buying an apartment building? Do you already own one or more buildings and struggle to get and keep tenants? This course shows you how to buy, own and operate apartment buildings as a profitable and headache-free business. Learn how to find and select a building to purchase and analyze the financials (using GRM, Cap Rate, Cost Per Door, etc); what support staff to hire; how to do effective marketing of vacancies and select tenants; what forms to use to protect yourself and your investment; advantages and disadvantages of rent control; low cost items to make your property appealing; what repairs and maintenance you can do yourself such as clearing a drain, changing locks in 15 minutes or replacing light switches; when to hire a professional for repairs or management; when to increase or decrease rents; choosing to allow or deny pets; tax deferred exchange rules; and much more.
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