This class provides students with an understanding of financial terms and reporting in relationship to the aspects of practical day-to-day property operations. Financial reporting is presented as a tool to manage the business. The importance of budgeting and variance explanation is shared in an overview. Accurate reporting and the need to explain missed goals (over or under) is explained and examined.

Course Concepts

• Gain a basic understanding of statements as they apply to day-to-day property management operations
• Learn to speak the language of property owners
• Balance Sheet
• Statement of Operations
• Income and Expenses
• Understand  Assets & Liabilities & Equity
• Short Term and Long Term Assets
• Practice Property Management Math in online Interactive Quizzes