They say nothing’s certain but death and taxes.
It’s a nice, though slightly morbid, turn of a phrase, though wildly inaccurate. Of course, among many other things, it’s quite certain that people need a place to live.
With the volatility and uncertainty of the property ownership game being what it is, we can be ever more certain that renting will maintain its popularity. And where people rent they need property managers.
What is Property Management all About?
Thinking that property management is all about collecting the rent is all the more reason to bone up on the ins and outs. This isn’t something you generally just jump into.
Consider, for example, that property management requires that one knows a good deal about building compliance and a fair amount of contractual legalese. You’re going to be expected to understand zoning and debt-equity load issues.
Furthermore, there are different types of property management. This is a field in which you’re given the opportunity to specialize in areas such as commercial property, industrial property, medical, government, hotel/resort and more.
Of course, there is dealing with renters, owners and the public, so you’ll want some know-how in public relations and effective communication.
How to Get Started in Property Management
At this point, you might be thinking: “Forget it, I didn’t know it was so involved.” That’s understandable, but there is a simple, easy and affordable way to get the information and insight you need to put you on solid footing when you start your new career as a property manager.
At the Brooklyn Real Estate Institute, we offer an express real estate school that offers hands-on training in a variety of fields within real estate, one of them being property management.
Our real estate school in Brooklyn will fit right into your schedule while preparing you for the realities of property management. We connect you with professionals who spend their days out in the field. Our eight-course program brings in property management specialists from all over the property management spectrum to lecture and answer questions regarding their area of expertise. You will leave the class with a well-rounded perspective of property management.
Property Management’s Application to Other Fields
We’ve noticed this particular class being enjoyed by professionals whose work borders on issues inherent in property management. It’s a smart class to take for bankers and loan officers, attorneys specializing in property law and real estate law, real estate salespeople and brokers, investors and property owners. And at only 22.5 hours, it’s the definition of a quick, effective study. We do, after all, consider ourselves Brooklyn’s express real estate school, and we don’t skimp on quality.
Property management is a field with almost limitless demand, good pay and fulfilling work. Or, for those whose already-established work includes aspects of property management, it is a great way to gain a broad view of the specifics of the real estate industry. It’s a standalone class or a great addition to your comprehensive real estate studies. And at under 25 hours, why not just go for it.
