Chapter Offerings

What you will learn:

• Property risk analysis. Importance of maintenance management, risk management techniques, types of insurance coverage, safety and emergency needs and preparations
• Maintenance programs. Maintenance for key facility systems, preventive maintenance, property inspections, maintenance policies and procedures, developing a maintenance budget, communicating with tenants, residents and owners
• Maintenance projects. Strategies for working with contractors, contractor negotiations and the maintenance agreement , capital improvements and replacements
• Conservation. Energy and water conservation strategies, sustainable practices, green building considerations

How you will benefit:

• Create and oversee top-of-the-line maintenance operations and anticipate potential risk
• Exceed client expectations with property maintenance processes that deliver heightened property performance
• Reduce capital expenses through maintenance programs that preserve real estate assets.

Register Now!

 

FIN 402  Investment Real Estate: Financial Tools

Offered in New Orleans May 2nd and May 3rd 2012

 

 

This course addresses the core issues that impact fiscal planning, giving you the ability to calculate important financial components and take control of your property’s financial outlook.

What you will learn:

• Budgeting and analysis. Owner’s goals and objectives, budgets and forecasts, variances
• Cash flow analysis. Pro forma statements, cash flow trends, calculating rates of return
• Capitalization and valuation. Property valuation, income capitalization, equity capitalization
• Taxation and financing. Property taxes overview, cost recovery deductions, types of financing, equity residual model payments, principal and interest calculations, yield maintenance and defeasance
• Loan analysis. Loan-to-value (LTV), debt coverage, margin of safety, leverage applications

How you will benefit:

• Gain the fiduciary trust needed to work effectively with owners and investors
• Maximize the financial potential of the properties you manage
• Establish yourself as a strategic partner to your clients

HP10BII Financial Calculator Required: The HP10BII financial calculator is required for this course. Course materials illustrate keystrokes for this calculator only. Students taking this course are expected to have a working knowledge of the basic operations and functionality of the calculator. Students are encouraged to download the interactive HP10BII Financial Calculator Tutorial and the “HP10BII Financial Calculator Quick Reference Guide” and review it prior to taking this course.

Please note: taking FIN402, ASM603, ASM604, ASM605, and the MPSAXM in consecutive order is strongly recommended.

Register Now!

ETH800 - Ethics for the Real Estate Manager

June 8, 2012 in New Orleans

Premier Member Rate:  $175

Classic member Rate:  $200

Non-Member Rate:  $220

ddressing ethical dilemmas commonly faced by today’s real estate managers, this DVD-based course teaches strategies for resolving ethical dilemmas and adherence to the IREM Code of Professional Ethics, culminating in an exam to earn IREM credentialing credit.

What you will learn:

• IREM Code of Professional Ethics: Applications to real world situations, ethical duties to clients, tenants/residents, employers, and colleagues
• Ethical decision making: Ethical vs. unethical business practices, tactics for resolving ethical dilemmas, scenarios with ethical implications
• Conflict of interest: Fiduciary relationships, conflict of interest scenarios
• Detailed case study: Enforcement of the IREM Code of Professional Ethics, the role of the IREM Ethics and Discipline Committee, review of actual ethics cases and their implications

How you will benefit:

• Conduct business using the highest standards of integrity and professionalism
• Resolve conflicts efficiently and ethically

Register Now!

 

RES 201 Successful Site Management

Offered in New Orleans,  September 10-15, 2012

Immerse yourself in this course covering residential site management from A to Z, including enhanced content to address the unique needs of affordable housing and student housing!

What you will learn:

• Human resource and relationship management: Management styles, intergenerational dynamics, employee motivation, recruiting and hiring, employment laws, communication, performance evaluations, fostering productive relationships with conventional owners, affordable housing ownership entities and regulatory bodies, and student housing owners, students, parents, and university staff.
• Legal issues and risk management strategies: Insurance, security and emergency procedures, landlord-tenant laws, lease-term provisions, unique leases and addendums for affordable housing programs, strategies for addressing student housing leases
• Professional ethics: IREM Code of Professional Ethics, adherence to the code, enforcement
• On-site maintenance management: Maintenance systems, working with contractors, inspections (including additional regulatory inspections required for affordable housing), service requests, energy and water conservation strategies, environmental hazard procedures, managing “The Turn” for student housing
• Property financial management: Accounting, budgeting, operating expenses, capital expenses, financial reports
• Marketing and leasing: Demographics, target markets, student housing campus analyses, comparison grid analysis, marketing strategies and social media, leasing tactics, affordable housing wait list procedures, Fair Housing and Americans with Disabilities Act (ADA) compliance, resident retention strategies

How you will benefit:

• Improve your property’s bottom line and receive recognition from your employer's clients
• Increase productivity and collaboration among your site management staff
• Secure a reputation as a manager who knows what it takes to achieve the owners’ objectives