Property Management 101: Learn the Dos and Dont’s

Property management is much, much more than screening tenants, signing leases, and fighting over security deposits.

Each property is like its own business. You need to know how to manage that business PLUS a whole lot of legal restrictions and requirements unique to being a Landlord. There are also BAD Property Managers and GOOD Property Managers. We will challenge and teach you not only how to become a GOOD manager, but how to become a GREAT Manager, and in doing so, will contribute to future success that you may not realize.

During this fast paced and information filled 90 minute session, we’ll cover the following topics:

–The full and proper screening or testing of an applicant’s credit, criminal history, rental history and ability to pay.
–Lease contracting or accepting rent using legal documents approved for the area in which the property is located.
–Maintenance issues, Contractors, Building your Power Team.
–Fair Housing.
There are many facets to this profession, including managing the accounts and finances of the real estate properties, and participating in or initiating litigation with tenants, contractors and insurance agencies. Litigation is at times considered a separate function, set aside for trained attorneys. Although a person will be responsible for this in his/her job description, there may be an attorney working under a property manager. Special attention is given to landlord/tenant law and most commonly evictions, non-payment, harassment, reduction of pre-arranged services, and public nuisance are legal subjects that gain the most amount of attention from property managers. Therefore, it is a necessity that a property manager be current with applicable municipal, county, state and Federal Fair Housing laws and practices.

**AGENDA**
1- 9am – Check In, Introductions.
2- 9:10 – Welcome, Overview
3- 9:15 – Presentation
4- 10:20 – Q/A Networking, Wrap

**ABOUT ME**
I want you to THRIVE! I’m committed to servant leadership. I am a REALTOR and Coach. I believe we have crossed paths for a reason, and I would love to help you achieve your real estate goals. And, no matter how well we know each other, I’d love you to consider me a friend. For more details on my experience and career, please connect with me on LinkedIn at: http://linkedin.com/in/bundesen

I’m also an experienced investor. I’ve held investments individually, in JV partnerships, and I’ve been involved in investing in Michigan, Illinois, Florida, and New Mexico. I’ve been involved in House hacking, condo conversions, single family and multi unit. As a REALTOR, I’ve been involved in close to 800 transactions in Michigan and Chicago.

**ABOUT A2REIC**
Real Estate investors are Lone Wolves. I’ve created a safe space for investors to meet, learn how to do business the RIGHT way, and work ON their business, not just IN their business. Simply, its my mission to connect you to the people, resources, and knowledge you need to succeed in real estate and in life. You will learn, meet great people, make deals, and money, and also make some great life long friendships as an active member of this club.

NEXT STEPS
At A2REIC, you should always be moving forward. Big steps, small steps, it doesn’t matter. When you join us and create your Power Team and support system, you will not only succeed, but enjoy every step of the journey.

Please attend up to two events FREE, as my guest, to see if real estate investing and our group is a good fit for you. We have a one time Membership Fee of $200. You may pay via VENMO, CashApp, PayPal, Zelle, Cash, or personal check. Please see Brian for particulars.

Please RSVP to get the access code, and we look forward to seeing you there.