Asset Management
Today’s property managers work hand-in-hand with asset managers and often serve as asset managers themselves. Asset Management shows professionals how to build value in real estate assets – creating confidence with investors, owners, and building tenants. In this course, you will discover the asset manager’s role, function, and place in real estate and business; and master the ability to outperform competitors.
Gain an understanding of how to measure financial performance and perform critical due diligence for acquiring and disposing of assets. In addition, you’ll learn the unique challenges of handling troubled real estate-owned (REO) properties and how to select and oversee a property management firm.
Upon successful completion of this course, learners will be able to:
- Maximize market value for your properties and assets in any economic state
- Manage troubled properties for profitable transitions
- Recognize and seize opportunities missed by competitors
- Build wealth, diversify investment portfolios, and fund returns
- Take control of your assets and improve overall operational efficiencies
- Asset management plans, including appropriate resources associated with the current economy
- Financial and operational objectives, including audits and reasons for them
- Strategies for retaining and attracting tenants
- Troubled properties for sound decision making
- Current investment analysis software
- Includes 12 current case studies
- Introducing Asset Management
- Ownership and Asset Management
- Developing an Asset Plan
- Measuring Financial Objectives
- Financial Audits
- Property Financing
- Selecting the Leasing Team
- Selecting and Overseeing the Property Management Company
- Property Evaluation and Enhancement
- Acquisition
- Property Disposition
- Troubled Assets
This course is available through the following delivery options:
- Online Self-Paced
- Collaborative Virtual Learning
This course applies to the following BOMI certifications:
- PMFP – Property Management Financial Proficiency Certificate
This course applies to the following BOMI designation:
- RPA® – Real Property Administrator
- FMA®- Facilities Management Administrator