Course Description
Every community in the U.S. struggles with providing enough affordable housing options for local residents. Several federal, state, and local programs provide the money and guidance for public/private partnerships to develop and manage affordable housing properties of all types. This course provides essential information for both experienced and new property managers to understand and implement the essentials of residential property management, with a focus on the unique issues related to affordable housing.
Register today and get ready to explore a new path in your career … and one that will make you stand out in the property management world:
- Why is Affordable Housing Different? While the course includes all the essentials for becoming a successful manager of any type of residential property, every step of the journey will include examples from the world of affordable housing to keep you on track with these properties.
- Your Team … Your Talent. You’ll learn about managing the team, the life cycle of an employee, and effective communications, including intergenerational dynamics. Find out how to boost productivity and collaboration.
- The Back Office. A successful property manager has a handle on all the essential record keeping strategies to create accurate and timely reporting to the owners, government bodies, and other interested parties.
- Dollars and Sense. Improve your property’s bottom line and earn recognition by mastering accounting, budgeting, cash flow, capitalization, and working with capital … while learning the special affordable housing essentials for accounting and budgeting.
- Maintain and Protect. Create a maintenance and risk management plan, inspect and protect the property, get smart at sustainability, and guide your tenants to be active participants in keeping your properties in shape.
- Market. Lease. Retain. Understand target markets, comparison grids, marketing strategies and social media, execution of the lease, the importance of resident retention … and the special considerations for all these related to affordable housing.
Planning to earn the ARM certification? Take this course on its own or together with Ethics for the Real Estate Manager —ETH800 and the ARM Certification Exam —ARMEXM as part of the ARM Track, which fulfills most of the requirements for earning the prestigious ARM certification.
A standard calculator or smartphone calculator is required.
Review the learning objectives of this course.
Income/Expense IQ
Practical Apartment Management, 7th Edition
Sample Residential Property Management Agreement
Sample Low Income Housing Tax Credit Properties Management Agreement
Classroom: The classroom course is 4 days, including lunch and breaks. Typical course timeframe is 8:30 a.m. to 5:00 p.m. each day. Select a specific offering of the course from the dropdown menu above for exact dates and times. Note that the ARM exam is completed with a live online proctor (LOP).
Online: The self-paced online course takes approximately 12 hours to complete, followed by the online course exam, which must be completed within one year from the date of registration. If you are taking this course to earn the ARM credential, you must register for the Live online proctored ARM exam separately.
Accelerators: Live Webinars
Accelerators: On-Demand
Review our course policies and procedures page for further information