2021 Mandatory - Basics of Investment Property and Property Management

Overview

Single family homes, duplexes, fourplexes, and small apartment complexes are often the point of entry for first-time commercial real estate investors. Licensees who work with these clients must have a solid understanding of how to determine the value of investment properties and the due diligence required before making a purchase. The course also explores the duties and responsibilities of property managers as well as related federal and Louisiana laws that impact property management. The course concludes with an overview of essential LREC updates relevant to Louisiana licensees.

This is the mandatory LREC continuing education course for 2021 license renewals and is approved for 4 hours of continuing education credit in Louisiana.

Learning Objectives

Upon completion, students will be able to:

  • list the characteristics of each investment property type: single family, dwelling, duplex-fourplex, and office buildings
  • compare the various methods that can be used to determine the value of investment properties
  • identify the due diligence required to purchase an investment property
  • define financial leverage
  • recognize how to use the Annual Property Operating Data Form to calculate the value of property
  • explain federal and Louisiana laws and regulations that impact property management
  • describe the roles and responsibilities of a property manager
  • identify property management best practices`
  • discuss updates on the Louisiana Real Estate Commission MyLREC portal

Designed For

Licensed brokers and salespersons in Louisiana
Find Courses Now