Your Instructor - Skylar
Learn How to Be A Profitable Landlord First!
Skylar has extensive experience as a real estate investor and asset/property manager, having successfully managed over 800 units. His diverse skill set enables him to effectively operate a property management division, and with a strong team and streamlined system, he is able to rapidly expand operations and cultivate positive relationships with investors. Skylar recognizes the critical importance of property management to investors and believes that novice investors should gain experience in managing rental properties before taking ownership, while seasoned investors must master this aspect of the business in order to achieve profitable portfolio growth.
Skylar has assisted more than 130 clients in stabilizing their investment properties. Through these collaborative relationships, he has been able to identify and pursue joint venture opportunities for his flipping business. Skylar believes that you can do the same by taking his approaches!
CLIENT ACQUISITION
Learn multiple ways to acquire your landlord clients so you can grow your PM business while costing down the operating cost of your rental properties! Property management is not a competitive industry and it is a great opportunity for you to create a new stream of income being a full time investor!
AUTOMATION
This program will provide you with the knowledge and skills required to implement appropriate software and accounting procedures. Establishing an efficient system is crucial to maintain accurate property financial records and ensure transparency in financial transactions, enabling you to evaluate the profitability of your property effectively.
MONETIZATION
A property management enterprise offers numerous prospects for project management, real estate transactions, joint venture partnerships, lender relations, and more. By leveraging the relationships you cultivate through day-to-day operations, scaling up and achieving profitability can be achieved with ease.
What You Will Learn In This Course
- The Property Management Industry (7:16)
- Problems We Faced (Our Experience) (12:08)
- What We Wish We Knew (5:07)
- What Is Property Management? (17:25)
- Property Management As A Service - Part 1 (14:40)
- Property Management As A Service - Part 2 (15:18)
- What You DON'T Do As A Landlord & Property Manager (9:34)
- What You DON'T Do As A Landlord & Property Manager - Worksheet
- Property Class Overview - Choosing Your Target Market (12:02)
- Prepping Your Apartment (9:11)
- Advertising (11:00)
- Tenant Screening (10:03)
- Tips to Screen & Select AAA Tenants For Your Property (10:19)
- Move in / Out Procedures (4:49)
- Tenant Application (8:59)
- Lease Agreement (13:59)
- Building Policy (19:57)
- How to Fill Out Standard Ontario Lease Agreement (10:04)
- Tenant Application Form - Single Family - Worksheet
- Tenant Application Form - Student Rental - Worksheet
- Where Do You Advertise For Rent
- Lease Agreement - Worksheet
- Email Template for Landlords (For Property Manager)
- Leasing - Why You Should Start Here (For Property Manager)
- Building Policy - Sample
- Tenant Application Form - Student Rental - Sample
- All Softwares To Operate Your Rental Properties Successfully
- Property Management Software - Buildium (9:45)
- Building Communication Channel With Your Tenants (12:36)
- Accounting Flow & Property Ledger Setup (For Property Manager) (9:22)
- High Level Overview & Organization Chart
- Rent Collection Automation (8:52)
- Handling Late Rent & Non Payment of Rent (10:32)
- Account Separation (3:20)
- Handling Vendors Bills & Budgeting (9:11)
- All Softwares To Operate Your Rental Properties Successfully
- Property Management Software - Buildium (9:45)
- Building Communication Channel With Your Tenants (12:36)
- Accounting Flow & Property Ledger Setup (For Property Manager) (9:22)
- High Level Overview & Organization Chart
- Rent Collection Automation (8:52)
- Handling Late Rent & Non Payment of Rent (10:32)
- Account Separation (3:20)
- Handling Vendors Bills & Budgeting (9:11)
- Understand The Regular Repairs In Your Rental Property (6:15)
- Categorizing Maintenance & Vendor List (3:22)
- Resolving Maintenance & Emergency Issues (14:35)
- Routine Maintenance For Your Rental Property (13:56)
- Proactive Maintenance That Will Save You Thousands of Dollars (6:23)
- Defining Emergency Repairs
- Move In & Out Inspection Checklist
- Trouble Shoot Maintenance Issues As A Professional Landlord (8:57)
- Build Your Vendor List & Who to Hire (8:28)
- Ontario Landlord & Tenant Board Forms - Overview (27:01)
- Resolving Disputes - Understand Why (12:50)
- Resolving Disputes - Legal Route VS Old School Approach (10:10)
- Negotiation Tactics (8:26)
- Ontario Landlord & Tenant Board Forms - Checklist
- Effective Ways to Handle Late Rent or Non Payment Rent (10:32)
- Things You Should Know About Ontario Residential Tenancy Act (12:13)
- Ontario - How to File L1 Application - Schedule A Hearing
- Ontario - How To Serve N4 Notice - Non-Payment Of Rent
- Ontario - How to Serve N8 - Persistent Late Rent Payment
- Ontario - How to Serve N11 - Mutual Agreement to End The Tenancy
- Ontario - How to Serve N12 - Terminating Tenancy For Personal Use
- Ontario - How to Serve N5 - Damage or Interfering With Other Tenants
- Ontario - How to Serve N13 - Demolish, Repair or Convert Unit
- Ontario - How to File L2 Application - Schedule A Hearing
- Form N2, N3, N6, N9 & N10 - Less Commonly Used N Forms
- The Section 78 - Explained
