Owning and Managing Vacation Rental Property

Owning and Managing Vacation Rental Property

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Course Credit Hrs.
Owning and Managing Vacation Rental Property 3.00

3 Elective Hours
Help your clients purchase, finance, rent, and manage vacation rental properties.

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  • This course will give you information to help your clients purchase, finance, rent, and manage vacation rental properties. You will learn how to both rent and manage vacation properties, and to counsel your clients with procedures and suggestions within the course. You will be able to help your clients analyze and acquire vacation property, while maximizing financial benefits.

    3 Elective Hours

  • This course will give licenses information to help their clients purchase, finance, rent, and manage vacation rental properties. They will learn how to both rent and manage vacation properties, and to counsel their clients with procedures and suggestions within the course. Licensees will understand how to help their clients analyze and acquire vacation property, while maximizing financial benefits.

    Section 1: Property Location is Still Priority #1        
    Chapter 1: Introduction    
    Chapter 2: How to Analyze a Location    
    Chapter 3: Amenities Make a Difference    
    Chapter 4: The Differing Factors of Different Property Types    
            
    Section 2: The Economics of Owning Vacation Rental Property        
    Chapter 1: Rental Income and Expense Analysis
    Chapter 2: Benefits Beyond Cash Flow
    Chapter 3: The Obligation and Benefits of Rental Taxes    
    Chapter 4: Case Study and Exercise
            
    Section 3: Managing and Renting Property as an Absentee Owner        
    Chapter 1: Options for Managing and Renting Vacation Property    
    Chapter 2: Housekeeping Choices
    Chapter 3: Managing Wear and Tear, and Repairs
    Chapter 4: Levels of Renovating, Redecorating and Refurnishing
    Chapter 5: Choosing a Rental Agent, or Renting it Yourself    
            
    Section 4: Managing Vacation Property Renters        
    Chapter 1: How to Screen Renters
    Chapter 2: Applications, Agreements and Payment Schedules
    Chapter 3: Preventing and Solving Problems    
    Chapter 4: Final Thoughts

  • Instructor: Jim Luger

    Jim Luger has been a real estate broker and instructor for over 35 years, and has taught thousands of real estate agents and brokers in classrooms and online. He is a member of the Real Estate Educators Association (REEA), and is certified as an online instructor by the International Distance Education Certification Center (IDECC).

    Jim opened a real estate brokerage in 1976, later adding a title insurance agency, and mortgage brokerage. He has also owned a property management company, and has held an insurance license. He has been a certified trainer for an international real estate franchisor, and has appeared on national television and radio programs as a real estate expert.

    You can contact Jim at Jim@ContinuingEdExpress.com.

Requirements


Continuing Education Requirements
Licensees are required to complete 20 hours of approved continuing education courses for each two-year license period (January 1 of odd-numbered years through December 31 of even-numbered years), also referred to as the licensing biennium.
 
Licensees intending to renew their license on an active status by the renewal deadline of November 30 (even-numbered years) must complete 20 hours of approved continuing education courses during the biennium. The required continuing education hours include the commission designated core courses, which are offered in a two-part format (Core A and Core B), and the remaining courses as elective credit hours. Visit the Hawaii Real Estate Commission website for more information about continuing education requirements.


Continuing Ed Express automatically submits course completion information to the Department of Commerce and Consumer Affairs. Licensees will receive certificates marked “elective” for elective courses and “core” for core courses after they complete each course.
 
BEFORE you purchase a course, check your continuing education history on the Hawaii Online Real Estate Continuing Education website so you do not retake a CE course you have already completed. No CE credit for a course for which you have already received credit is given.


Need to get your real estate license? See our Hawaii Pre-License information.

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