RES 429 (Property Management) Entire Course
RES 429 (Property Management) Entire
Course
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RES 429 (Property Management)
Entire Course
RES 429 Week 1 Assignment The
Professional Property Manager
The
Professional Property Manager. Write a two- to-three page paper (excluding the
title and reference pages) analyzing the roles, duties, and responsibilities of
professional property managers. The research paper should be comprehensive and
include specific examples. The paper should be formatted according to APA
guidelines and reference two scholarly sources other than the text. Include
responses to the following within your paper:
Summarize
the advantages or disadvantages of working as an employee manager as opposed to
a third- party manager.
Describe
the reasons property owners would choose to hire a property manager rather than
manage property themselves.
Explain
why a property manager should be concerned about ethics.
RES 429 Week 2 Property
Analysis
Property
Analysis. For the final paper, you will be preparing a property management plan
for a property of your choice (apartment building; shopping center; or other
commercial property). Each week you will complete a component on the property
management plan. In week two, you will be completing the property analysis
section of the final property management plan.
Write a
three- to four- page paper outlining your property analysis for a property of
your choice. Please see the recommended readings section for resources to
assist you in locating a property.
The
property analysis is a review of the particular property itself: its physical
condition and needs, its rent roll and lease structure, and its overall
financial performance and condition. include the following.
The
property analysis, at a minimum, should
§Building size, location,
accessibility
§Physical condition and
age of structure and grounds
§Common area
characteristics and condition
§Tenant space
characteristics and condition
§Building occupancy and
character of tenants
§Curb appeal: visual
impression, style
§Building-to-land ratio:
other possible uses or expansion on the site
§Compliance status
regarding relevant regulations
§Current management
strategy, policy, procedures
§Current staffing
adequacy
§Financial integrity
(including comparison of revenue and expenses with other similar buildings)
As you
are preparing your property analysis and retrieving information from various
sources, please keep the following in mind:
property.
competitive?§ What is needed to make
the property of my choice§A
useful property analysis includes a thorough description of the
RES 429 Week 3 Assignment
Maintenance Plan
Maintenance
Plan. Write a two-to-three page paper (excluding the title and reference pages)
detailing the maintenance plan for your Property Management Plan. The plan must
include maintenance for indoor and outdoor goals. The paper should be formatted
according to APA guidelines.
The
maintenance plan should summarize:
Short
term goals.
Long
term goals.
Policies
and procedures for routine maintenance.
Policies
and procedures for preventative maintenance.
Policies
and procedures for corrective maintenance.
As you
are preparing your maintenance plan and retrieving information from various
sources, be sure to include the following:
Explain
whether or not you will use on-site maintenance personnel or hire on a contract
basis.
Explain
whether outdoor maintenance be handled by the same personnel that handle inside
maintenance.
Explain
the necessary maintenance tasks.
Describe
how the maintenance tasks will be kept and scheduled.
The
paper should be formatted according to APA guidelines and reference two
scholarly sources in addition the textbook
RES 429 Week 4 Assignment
Competitive Market Analysis
Competitive
Market Analysis. Write a two-to-three page paper (excluding the title and
reference pages) detailing the competitive market analysis for your Property
Management Plan. In the competitive market analysis, you must compare the rents
and occupancies of similar competing properties with your selected property.
The competitive market analysis must also include a regional analysis and
neighborhood analysis in which you outline the economic base of the
metropolitan region, the geographic sector, and the local neighborhood in which
the property is situated.
The
paper must be formatted according to APA guidelines and reference two scholarly
sources in addition the textbook.
RES 429 Week 5 Assignment Final
Project Property Management Plan
Focus
of the Final Project
Property
Management Plan—Putting It All Together
The
Property Management Plan should demonstrate your understanding of the reading
assignments as well as implications of your newly acquired knowledge. You
should integrate readings, class discussions, work/life experiences, and what
you have learned about property management. The Property Management Plan
requires that you synthesize and reflect upon your learning in the context of
the course outcomes.
Prepare
an eight- to-ten page paper (excluding title page and references page) in which
you analyze what you have learned about property management and create a plan
for the management of a property that you own and manage. The property can be
an apartment building, shopping center, or other commercial property of your
choice.
The
Property Management Plan, at a minimum, should include:
Part I:
Introduction and Mission
Your
introduction should summarize the key aspects of the paper. You should create a
mission statement to include:
Property
name and location
Company
background
Name of
company
Organizational
structure (sole proprietor, LLC, corporation, etc.)—optional
Part
II: Property Management Plan
In
Weeks Two, Three, and Four you developed the integral parts of a property
management plan. These combined papers will serve as Part II of your Final
Project and should include:
Property
Analysis (Week Two Assignment)
Maintenance
Plan (Week Three Assignment)
Competitive
Market Analysis (Week Four Assignment)
o
Summaryofcompetitivebuildings o Regionalanalysis
o
Neighborhood analysis
Part
III: Reflections
You
should include what you have learned about property management and how you will
apply what you’ve learned professionally.
You
must use a minimum of seven scholarly sources, including the textbook. The
Property Management Plan is due on the last day of class and must be written
according to APA style guidelines
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