How to maximize income

MANILA, Philippines - The common mounting problem of property lessors, who are sometimes forced to sell their properties are among others, high vacancy, defaulting and problematic tenants, increasing cost of repair and maintenance, increasing property taxes and harsh zoning ordinances.

To guide owners of rental properties, URBAN Institute will conduct a seminar on Management of Rental Properties on Nov. 18, 1:30 to 6 p.m. at the Maximo Function Room, Max’s Restaurant Glorietta, G2 Park, Theatre Drive, Ayala Center, Makati City.

The seminar will cover the following topics: reasons for property management; the property management functions, objectives, organization and designations; important and must-include provisions in the lease contract; advertising; correct tenant selection; how to retain good tenants; how to solve common problems with tenants; rent escalation clauses; collection techniques; property maintenance; how to avoid unnecessary repair expenses; insurance; budgeting and recording; hiring professional property managers; management contracts; and other related subjects.

Urban is also conducting other seminars which can be attended separately, on the same time and venue as follows: November 16 – Investing in Real Estate: Opportunities, Techniques & What are Needed to Learn before Investing; Nov. 23 – How To’s of Investing in Condominium Leasing; Nov. 25 – Legal Aspects of Sale, Mortgage and Lease with Documentations; Dec. 2 – Joint Ventures and Syndications for Real Estate Projects; Dec. 4 – Property Valuation: How to do it Yourself; Dec. 7 – How To’s of Property Development with HLURB Rules; Dec. 9 – Taxation of Real Estate Transactions;

For other details or advance registration, Urban Institute may be reached at 796-8019 or 570-0973, or CP# 0916-426-9174/0921-683-9431 or by email at [email protected]@gmail.com or visit www.urban-institute.blogspot.com.