|Owning and Managing Vacation Rental Property||3.00|
3 Elective Hours
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
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 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 to make sure you can receive continuing education credit for each course. According to Hawaii Administrative Rules, S 16-99-95 Duplicate continuing education hours: “Except as provided by the commission or by this subchapter, a licensee shall not take a continuing education course for which the licensee has already received a certificate within two consecutive biennia.”
Need to get your real estate license? See our Hawaii Pre-License information.