RES 429 Week 5 complete
DQ 1. Explain
why you might want a management agreement when you have been hired to manage
someone else’s property? What challenges would you face by not having a
management agreement?
DQ 2. How
does the property management budget and performance report enable the manager
and owner to keep track of property performance? What is meant by lease
concessions, and why do you suppose landlords offer these? Give at least two
examples of lease concessions.
The Property Management Plan should
demonstrate understanding of the reading assignments as well as the
implications of new knowledge. The eight- to ten-page paper should integrate
readings, class discussions, work/life experiences, and what you have learned
about property management. The focus of the Property Management Plan requires
that you synthesize your learning and reflection in the context of the course
outcomes.
Prepare
an eight- to ten-page paper (not including cover page and references) analyzing
what you have learned about property management and create a plan for the
management of a property that you own and manage. The property can be an
apartment building, shopping center, or other commercial property of your
choice.
The Property Management
Plan, at a minimum, should include:
1. Part I:
Introduction and Mission
Your introduction
should summarize the key aspects of the paper and your mission statement should
include:
a.
Property name and location
b.
Company background
c.
Name of company
d. Organizational
structure (sole proprietor, LLC, corporation, etc.)—optional
2. Part II: Property
Management Plan
In Weeks Two, Three,
and Four you developed the integral parts of a property management plan. These
combined papers will serve as Part II of your Final Project and should include:
a.
Property Analysis (Week Two Assignment)
b.
Maintenance Plan (Week Three Assignment)
c. Competitive
Market Analysis (Week Four Assignment)
i.
Summary of competitive buildings
ii.
Regional analysis
iii. Neighborhood
analysis
3. Part III:
Reflections
Part III will
include what you have learned about property management and how you will apply
what you've learned professionally. Additionally, to finalize Part III, changes
that you want to make and feedback from your instructor should be incorporated
into Part II of the paper (Property Analysis, Maintenance Plan and Comparative
Market Analysis).
You must use a
minimum of seven scholarly sources and one source must be extracted from the
following:
1. Journal articles
(e.g., Journal of Property Management)
The
Property Management Plan is due on the last day of class and must be written in
APA format, be at least eight to ten pages, double spaced, and in 12-point
font. The paper must contain a cover page, introduction, and reference page. Do
not count the cover page, introduction page, and reference page as part of the
eight to ten pages.
To
download the complete paper click RES
429 Week 5 complete
Want
to check other classes..?? Visit www.StudentWhiz.com
Looking
for other tutorials of RES 429 class..??
