Property Management Coaching and Consulting for Residential Landlords
Long before I was a Professional Property Manager and Certified Business Coach, I was a Residential Landlord just like you. I had at one time 8 rentals and I learned from experience what to do and what not to do.
I teach regularly at Cabrillo Community College in Aptos, CA a 1 day course called Landlording Made Easy. It is an overview course that touches on all aspects of property management but can’t in one day cover all topics in depth. The attendees are too varied to address all their needs in 6 hours.
I also wrote a book titled Property Management A-Z which is the paper version of my Cabrillo Class and it is written as a reference book but again it doesn’t go into depth on anyone topic. I could write a series of books for years to come just covering all the possible details of property management. Laws are always changing and that alone keeps you on your toes.
To better educate and provide those that want to be a “professional” landlord, I have below 3 Signature VIP Programs. These programs can be delivered in 1 day intensives in person or virtually if you aren’t close to where the program is being offered. Please inquire about upcoming programs and pricing.
I provide all customized materials, a step-by-step system to guarantee results and 4 follow up coaching calls within 30 days to ensure you stay on track to success. You will receive a USB card/flash stick with all digital documents to take with you.
In person VIP days include continental breakfast, a light lunch and dinner at a local restaurant. This is a roll up your sleeves and get down to business kind of day that will be punctuated with some fun and celebration at the end of the day.
Call to find out about upcoming programs and pricing. If you are still unsure of whether or not you need a property management consultant or coach, give me a call and we can assess your situation free of any commitments.
Property Management Coaching and Consulting Programs
Leasing Made Easy
In this property management coaching program, you will learn step-by-step with me at your side how to get your property rented within 30 days to get maximum rent, find the perfect tenant, and do it like a PRO! You will learn:
- How to price your rental to stand out from the others
- How to advertise it legally to attract the right tenants
- How to take awesome photos and keep the scammers away
- How to show the property legally with current tenant in place
- How to show the property when vacant
- How to screen and process applicants to get the most qualified tenant
- How to handle the paperwork necessary to protect yourself and the tenant
- How to write the lease and what should be in it
Bonus Materials
- Screening Questions to avoid Fair Housing Violations
- Red Flags when showing a property
- Tips to find the hidden dangers in an applicant’s paperwork
- Photography secrets
- Addendums you need
- Fool Proof Move-In Report to keep you out of Small Claims Court at move out.
- Audio Blogs of Kathleen walking you through the process
- All Materials – ready for you to use again and again
So what is the cost to NOT doing it Right?
- 30-60 days of lost rent while advertising/turning unit over
- Possible eviction if you get the wrong tenant – attorney fees minimum $1200 plus lost rent of 30-90 days and hopefully no damage
- Lawsuit from Fair Housing violations – 10,000 in fines and up. I know a professional property management company that provided different information to two callers over the phone and was sued by HUD. They settled for $25,000. That is an expensive phone call!
- Your time, energy and stress in dealing with tenant, attorney, going to court, and getting the property back all while dealing with everyday life and work.
Tenancy Made Easy
In this property management coaching program, you will learn step-by-step with me at your side how to manage your rental on an ongoing basis, how to confidently handle all the “What If” scenarios, and do it like a PRO! You will learn:
- How to perform maintenance checks
- How to keep proper records and documents to stay out of court
- How to create easy system for monthly accounting
- How to deal with “What If” scenarios such as: lease being broken, rent not paid, extra tenants in unit, an unauthorized pet, and neighbor complaints to name a few.
- How to post notices and which ones to use
- How to handle tenant requests
- How to determine if a rent increase is warranted and how much should it be
- How to make changes to the lease
Bonus Materials
- Red Flags during tenancy
- Tips to uncovering how many people are really living in the property
- Inspection forms
- Notices & Addendums you need
- Maintenance Tips to keep you and tenants happy
- Audio Blogs of Kathleen walking you through the process
- All Materials – ready for you to use again and again
So what is the cost to NOT doing it Right?
- 30-60 days of lost rent if tenant stops paying or breaks lease
- Possible eviction – attorney fees minimum $1200 plus lost rent of 30-90 days and hopefully no damage
- Tenant withholding rent for deferred maintenance issues
- Mold air testing – $600 on up.
- Lawsuit from not addressing mold issues. I know a property owner who settled for $25,000 and lost 6 month’s rent in the process. (Then he took my class – a hard lesson to learn)
- Not doing inspections – damage by pet, tenant, termites, unreported water leaks, or pot growing inside home could run you into thousands of dollars.
- Keeping rent too low means loss of return on your investment even $100 per month equals $1200 per year. I have a client that once his former tenant moved I rented the property for $1500 per month MORE than what he was getting that is an extra $18,000 ROI in one year.
- Your time, energy and stress in dealing with tenant, attorney, going to court, and getting the property back not to mention your lack of dealing with tenants can cost you in lost rent and possible damage all while dealing with everyday life and work.
Move-Out and Deposit Return Made Easy
In this property management coaching program, you will learn step-by-step with me at your side how to handle the move out process legally, how to confidently deduct charges against the deposit if warranted, and how to return the deposit within the legal deadline, and do it like a PRO! You will learn:
- How to accept the tenant’s 30 day notice and what to do next
- How to give a notice to vacate legally (30, 60, 90 day)
- How to get existing tenant to allow you to show the property
- How to perform pre-inspection walk thru and final walk thru
- How to deal with a broken lease or sudden tenant move out
- How to deal with roommates – one leaves, one stays and a new roommate moves in
- How to post notices and which ones to use
- How to return deposit when roommate situation
- How to determine what is “Wear and Tear” versus “Damage”
- How to determine the monetary charges for damages
- How to properly return the deposit within legally required deadline
- How to manage the “What If” scenario of work to correct damages if it can’t be completed within the legally defined time frame
- How to do a proper Move-Out walk thru to keep you out of court
Bonus Materials
- Red Flags during 30 day move out process
- Wear & Tear vs. Damage Bonus Sheet
- Detailed Move-Out Report
- Photography Tips for your Move-Out Report that will hold up in Court
- Legal Notices you need
- Step-by-Step Tenant communication forms
- Audio Blogs of Kathleen walking you through the process
- All Materials – ready for you to use again and again
So what is the cost to NOT doing it Right?
- Deposit not handled correctly could cost you $10,500 in Small Claims Court
- Giving deposits back to roommates only to have it backfire on you.
- Tenant doesn’t pay last month rent and forces you to use deposit so there are no reserves for damages upon move out.
- Damage to the property – sky is the limit could run you into thousands
- Lawsuit from not addressing mold issues. I know a property owner who settled for $25,000 and lost 6 month’s rent in the process.
- Retaliatory eviction by tenant – attorney fees to get your property back
- Your time, energy and stress in dealing with tenant, attorney, going to court, and getting the property back all while dealing with everyday life and work.
Speaking Opportunities
The Property Management Coach is always available to speak to community groups, local NARPM chapters, property management associations and at conferences or other events. Just give me a call to discuss the possibilities.
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