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OnDemand Course

Rental Property Basics

Learn best practices to ensure a successful tenancy and minimize the risk of renting to a nightmare tenant.

Ensuring you have great tenants starts from the moment you list your rental property vacancy. This program will take you through best practices for marketing your vacancies, screening potential tenants, and using the correct lease, risk reduction tools, and move-in process to ensure a peaceful and successful tenancy. Attendees will be able to confidently rent their units and significantly minimize the risk of renting to a nightmare tenant.

61 minutes
Course Exam
Certificate of Completion
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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Marketing

  • How to Price Your Rental
  • How to Show the Rental While the Unit Is Occupied
  • Rental Listing Content and Photos
  • Fair Housing Compliance

Screening

  • Setting Smart Criteria
  • Conducting the Applicant Interview
  • Conducting Applicant Reference Checks
  • Analyzing a Credit Report Beyond a Credit Score
  • Analyzing a Background Check With HUD Guidelines in Mind
  • How to Decline an Applicant

Security Deposit and Other Risk Reduction Tools

  • Security Deposit Best Practices
  • Renter's Insurance
  • Lease Insurance
  • Guarantors/Co-Signers

Lease Agreement

  • 5 Qualities of a Great Lease
  • Listing Tenant Landlord Obligations
  • Addenda and Clauses to Consider

Move-in

  • Move-in Inspection and Keys
  • How to Create a Tenant Handbook
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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

This course was last revised on December 14, 2022.

Call 1-866-352-9540 for further credit information.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Alexandra Alvarado

Alexandra Alvarado

American Apartment Owners Association

  • Director of Marketing and Education, American Apartment Owners Association
  • Has worked for the American Apartment Owners Association, the largest association for landlords in the country, for the last seven years
  • Launched AAOA’s educational division in 2016 and has hosted and moderated over 100 webinars for thousands of landlords nationwide on topics such as screening compliance, evictions, emotional support animals, and more
  • Curates breaking news and original content for AAOA Today, a biweekly newsletter that goes out to over 74,000 rental industry professionals, and RENT Magazine, a national publication for rental owners
  • Has been interviewed by national and local news outlets, including CNBC, CNN, Business Insider, The Washington Post, Wall Street Journal, BISNOW, and Realtor.com
  • Extensive sales and marketing background in the rental industry has made her a point person for rental industry professionals who want to learn how to select quality tenants and reduce their rental risk
  • M.B.A. degree in marketing and B.A. degree, Pepperdine University
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More Program Information

Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • OnDemand Courses
  • Live Webinars
  • MP3 Downloads
  • Course Manuals
  • Executive Reports
  • White Papers and Articles

Additional benefits include:

  • State Specific Credit Tracker
  • All-Access Pass Course Concierge

Questions? Call 877-296-2169 to speak with a real person.

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Product ID: 410230
Published 2022
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Available in Multiple Formats

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