RE 205F-Property Management Spring 2015Subject to change

Instructor: Mr. Kendrick K. KimContact info: (714) 402-7363 (mobile, Text)E-Mail: kkim1@fullcoll.eduScheduled Class meetings: Wednesdays: 6:50 p.m. to 10p.m.*ALL MOBILE DEVICES MUST BE TURNED OFF DURING THE DURATION OF THE CLASS. *

Course DescriptionThree hours lecture per week. This course covers the management, maintenance, rehabilitation, purchase, and sale of income property. It is intended for property owners and those wishing to become property managers. Topics covered in the course include management of residential, commercial, and industrial properties. Discussions for these various types of properties will revolve around examinations of leases and lease negotiation, tenant relations, maintenance, modernization and decoration, rehabilitation, insurance, tax aspects, office management, public relations, and advertising. Course fulfills educational prerequisite for California state licensing requirements. Course meets the Fullerton College certificate requirements. (CSU) (Degree credit).

Required Text

Property Management 9th Edition. Author: Robert C. Kyle with Marie S. SpodekISBN: 978142774790

Property Management and Managing Risk. 4th Edition Author: Robert C. Kyle, Floyd M. Baird, et,al ISBN: 1427711410

Student Learning Outcomes

Upon completion of this course, student will be able to

1. Outcome: Upon successful completion of RE 205 F Property Management, a student will be able to differentiate and illustrate all necessary record-keeping requirements in order to demonstrate an understanding and appreciation of the basic property management reporting functions.

2. Outcome: Upon successful completion of RE 205 F Property Management, a student will be able to assess and explain local property management practices, including aspects of political, economic, and sociological property management trends.

3. Outcome: Upon successful completion of RE 205 F Property Management, a student will be able to compare and contrast local property management techniques and duties to national trends in the political, sociological and economic arenas.

Course objectives

A. Demonstrate a basic understanding and appreciation of the functions of property management

B. Appraise the career opportunities in the field of property managementC. Differentiate and complete all necessary record keeping requirementsD. Apply the skills necessary to successfully manage propertiesE. Assess local property management practices, including aspects of

political, economic, and sociological trendsF. Compare and contrast local property management techniques and duties

to national trends in the political, sociological and economic arenasG. Use property management information sources such as books,

periodicals, research reports, and primary research topicsH. Calculate the tax shelter and investment leverage aspects of real estate

investment as an aspect of property management

Academic Honesty: The use of unauthorized material, communication with fellow students during an exam, attempting to benefit from the work of another and similar behavior that defeats the intent of the examination or assignment is unacceptable. Copying assignments is specifically prohibited. Any violation of this policy will result in student receiving a zero on the examination or all papers and whatever further action is decided necessary by the College. (See college catalog for Academic Honesty Policy.)

ADA Statement: Fullerton College is committed to providing reasonable accommodations for students with disabilities upon request of the student (in a timely fashion) and upon verification of disability.

Disabled Students/Learning Resources Disability Support Services (714-992-7099) Room 804

Evaluation Method MIDTERM AND FINAL EXAMS ARE TO BE ANSWERED ON SCANTRON FORM NO 882-E

GRADING

Grading is on the point system100 pts – Midterm exam (50 questions of Multiple choice and true/false)200 pts – Final Exam (100 questions of Multiple choice and true/false)50 pts – class participation50 pts – Group Paper (3-5 pages, due May 13, 2014)

A = 360- 400 C = 280- 319 FAIL = 239 and belowB = 320-359 D = 240-279

NO MAKE-UP EXAMS NOTE: all questions on the mid-term and final exams will be taken from the lecture, textbook material, and chapter quizzes. The instructor will try as often as possible to cover the questions during the lecture, but this may not always be possible. It is highly recommended that you attend each class session and read each assigned chapter prior to the class meeting.

CLASS SCHEDULE

Subject to Change

January 28 Introduction, Chapter 1

February

4 Chapter 2-311 Chapter 4-518 Chapter 5-625 Chapter 6-7

March

4 Chapter 8-9, 11 Chapter 9-10 18 Chapter 11-12 25 MIDTERM EXAM (Chapters 1-12) April 1 Chapter 13-14 8 Chapter 15-16

15 Chapter 17 22 Managing risk-Chapter 1-3 29 Managing risk-Chapter 4

”

May6 Managing risk-Chapter 5-6

13 Final Exam review, guest speaker (s), “Putting it all together” 20 Final Exam