Finance courses are usually divided into two parts; part one is about the business operations side of finance and part two is about the financial statements and reporting side of finance. Part one of these courses generally focuses on the business operations aspect of finance. This is followed by part two which involves financial statements and reporting. Part one is usually conducted by institutions and companies that have extensive experience in property management or finance; part two may be conducted by a private individual.
Property management finance courses generally start with an introduction to the different types of loans available to property managers, such as bank loans, commercial loans, and property management loans. These loans are classified into secured and unsecured forms.
Secured property management loan requires that the borrower personally guarantees the loan in order for the loan to be approved. Unsecured property management loan requires that the lender or the borrower personally guarantee the loan, and also that the property management company agrees that the property management loan will be repaid. This option is used mainly for commercial property management, but unsecured property management loan is also available to personal property management.
Another type of loan offered to property managers is the development or lease-to-own agreement. The landlord and the tenant will agree to a contract to buy a commercial property; either the tenant pays monthly rent, or the landlord buys the property outright and takes possession of it. If the tenant defaults on the lease agreement, then the landlord can repossess the property from the tenant and resell it to recover his investment.
Other property management finance courses include commercial mortgage loans, mortgage note financing, and lease-purchase financing. All of these finance options are available to both landlords and tenants.
Property management finance courses can be obtained from a number of institutions or colleges, and all institutions offer varying levels of quality in these courses. The curriculum in these courses is usually very thorough and includes classroom lectures, lab sessions and fieldwork. {which students can take home and return with a certificate or diploma upon completion of the course. Most universities and colleges conduct courses in the areas of real estate finance and business.
Other methods of acquiring knowledge about the field of property management finance courses include attending seminars, joining professional organizations, enrolling in online classes, and reading books and other resources. Some of the books available for learning about property management finance are Property Management Financial Planning, Managing Properties: A Handbook, Managing Residential and Commercial Properties, Managing Real Estate With Ease, and Managing Commercial Real Estate Finances. For more advanced knowledge, the property management finance courses can be obtained from online classes.
One of the most popular areas of property management finance courses is in the areas of financial analysis and portfolio construction. These courses help the students to create financial models and analysis to develop an accurate understanding of the market value of real estate, as well as to create a practical plan for maximizing the revenue generated from the property’s use. Some of the tools used in this area of study are pricing models, portfolio construction, financial analysis of multiple valuation and investment opportunities, as well as financial statements and balance sheets.
Real estate investing is another area of investment that can be learned through courses. These courses teach students how to purchase, develop and manage a portfolio of properties, and how to deal with real estate related issues such as appraisal, title, tax planning and probate, as well as other aspects of the real estate transaction.
A number of institutions that offer property management finance courses are accredited and have received accreditation from the National Association of Schools of Real Estate Engineers (NASORE). These schools are accredited by NASORE for their courses and programs and provide accredited courses for the purposes of teaching and training.