7
CHAPTERS

7 Best Landlord Training Classes on Rental Property Investment (2024 Reviews)

Share With Friends:

7 Best Courses for Landlords Compared

Real Estate Bees’ editorial team asked a number of industry-leading real estate investors to share their expertise on the best rental property classes for landlords to help our readers make a more informed decision when choosing a service provider for their needs.

With the help of the experts, we identified the best rental property training classes and evaluated them based on critical factors that are important for real estate investors. We never receive any compensation for the inclusion of products or services in our articles. Read our editorial guidelines to learn more about our review and rating process.

— Kimberly Anderson, Senior Creative Editor at Real Estate Bees
1
CHAPTER

Rental Property Management Fundamentals

Rental Property Management Fundamentals

The Rental Property Management Fundamentals course by StudyBox stands out as a top-tier landlord training program

It’s designed to equip budding property managers with the expertise needed to manage both commercial and residential properties effectively.

Guided by a comprehensive curriculum, the course explores various factors affecting the rental property market, as well as the roles and responsibilities of property managers.

This landlord training class also discusses the various types of rental properties, legal frameworks governing rental properties, and marketing strategies to attract the best tenants.

It enlightens learners on the importance of lease agreements and other property forms.

The course also discusses the role of modern software solutions for managing rental property remotely and accounting in increasing efficiency.

Each module in this rental property investment course is meticulously designed to equip learners with the skills and expertise needed to be a successful property manager.

 

Who Are the Instructors?

StudyBox, a renowned edtech institute, created the Rental Property Management Fundamentals course.

The team behind this text-based course brings a wealth of expertise and experience in both commercial and residential real estate.

Having served at prestigious global institutions and received recognition and accolades for their work, StudyBox ensures landlords and property managers have a dynamic and engaging learning experience.

Whether you’re a novice or a veteran looking to augment your real estate investment knowledge, StudyBox is here to help.

 

What Will You Learn?

In this free online landlord training course, you’ll learn the basics of rental property management and how to find suitable tenants.

The course is divided into two modules. In the first module, you’ll learn:

  • The regulations and legal framework governing rental properties
  • Using tenant screening tools and selecting renters
  • The types of rental properties
  • How to repair and maintain a rental property
  • The main factors affecting financial planning and budgeting for rental properties
  • The factors influencing the rental property market
  • The roles and responsibilities of a landlord or rental property manager
  • Marketing strategies for attracting potential tenants
  • How to build positive tenant relationships
  • The advantages of real estate accounting software and property management apps, smart home technology, and sustainability in rental property management

Module 2 includes a course assessment, where your understanding of the first module will be tested and graded.

By the end of the course, you will have acquired valuable new skills that will set you on the path to success in rental property management.

 

Pricing

The Rental Property Management Fundamentals course is available on Alison for free.

However, to receive the landlord education certificate, you must score 80% or higher in the final assessment.

2
CHAPTER

How to Find Good Tenants

RentPrep

How to Find Good Tenants is an excellent training course for landlords, property managers, or anyone interested in the tenant screening process.

Developed by RentPrep, a seasoned tenant screening company with over a decade of professional experience and 31,000+ satisfied clients, this landlord training program will equip you with proven strategies for attracting the highest-quality tenants.

With an impressive 4.5/5.0 star rating and 9,034 student enrollments, this is one of the best real estate investor courses on tenant screening available.

This landlord education course is the product of conversations with thousands of landlords over ten years about how to find the best tenants. It covers the dos and don’ts of effective tenant screening.

 

Who Are the Instructors?

The course is curated and delivered by Eric Worral, an expert with over 10 years of property ownership and management experience.

Eric’s journey from a newbie landlord to a seasoned professional is reflected in the course’s rich content.

As the marketing director at RentPrep, Eric collaborated with the CEO, Steve White, to provide insights and offer a unique perspective on tenant screening in this course.

Eric also co-hosts a podcast about real estate investing called RentPrep for Landlords, and manages a thriving landlord community on Facebook, where real estate knowledge is shared daily.

 

What Will You Learn?

The course is divided into seven sections.

 

1. Start by Knowing Your Legal Rights

The maiden section of this course serves as a primer on your legal obligations and privileges.

It provides insight into the laws governing tenant relationships, clearing the fog around the Fair Housing Act and its protected classes.

It helps students understand their rights under the FCRA and explains how to create solid tenant screening criteria.

 

2. Setting the Rent and Ratio

The second section dives into the role of rent and income in the screening process. It introduces students to the rent-to-income ratio, a crucial tool for assessing a tenant’s financial capacity.

Through practical graphing techniques, you’ll also learn how to visually map pricing dynamics and set the right rent.

 

3. Marketing Your Rental

This section will make you a marketing pro. With simple steps and practical tips, you’ll master the essentials of crafting compelling rental listings.

This includes capturing enticing images, creating attention-grabbing flyers, and listing your property on popular rental listing sites like Zillow.

 

4. Phone Screening

Here, you will learn how to weed out unsuitable applicants through phone screening.

It explains how to set up a Google Voice number for seamless communication and highlights crucial questions to ask potential tenants over the phone.

 

5. In-Person Screening

This is where you learn to conduct effective in-person screening.

The course also covers the pros and cons of private versus group showings, the rental application process, implementing the no-blank-space policy, and other useful in-person screening tips to remember.

 

6. Running A Background Check

This section focuses on background checks. It outlines the two main parts of a comprehensive background check and discusses how to choose the right screening package.

It also guides learners on how to professionally reject an applicant by using Adverse Action notices, adhering to FCRA rules.

 

7. Conclusion

To wrap up your learning journey, the course synthesizes your knowledge from previous sections and guides you on how to pick the right tenant.

As a bonus, you’ll get access to a trove of free resources to enlighten you further.

 

Pricing

This in-depth, resourceful course is offered completely for free.

3
CHAPTER

The Street Smart Educated Landlord Training

The Street Smart Educated Landlord Training

The Street Smart Educated Landlord Training course, jointly delivered by Bill Biko and Julie Hoffman, is a valuable resource for both novice and experienced property professionals.

This interactive webinar packs key lessons from the duo’s combined experience managing nearly 2,000 tenants and over 300 properties.

It spans 2 hours and 45 minutes and is packed with invaluable tips on property advertising, tenant interviews, paperwork, and more.

This course isn’t just a summary of theoretical concepts. It embodies the right blend of ‘street smarts’ and formal education, granting you actionable insights that can shape your landlord journey.

 

Who Are the Instructors?

Bill Biko

Bill and his wife began managing properties in the early 2000s. Their early challenges led them to network with local real estate investors, transforming their approach to property management.

Bill has grown from a struggling real estate beginner into a professional landlord, managing more than 25 properties and nearly 100 tenants.

In this landlord education course, Bill shares the processes and systems that make landlord routines more manageable, less stressful, and more profitable.

 

Julie Hoffman

Julie Hoffman, aka “The Street Smart Diva,” brings resilience and creativity to this landlord rental class.

Investing in real estate since 2001, Julie has weathered recession, bankruptcy, and foreclosure before building another multi-million dollar real estate portfolio from scratch.

With over 300 transactions and $80 million in real estate deals completed, Julie adds a uniquely practical perspective to this course.

 

What Will You Learn?

This course lays out a roadmap for landlord success.

With almost three hours of video and supportive workbooks, the course teaches you the tried-and-tested tactics and secrets of effective rental property management.

Julie and Bill candidly share their mistakes and lessons learned from managing thousands of tenants.

The course provides insights into marketing your rental effectively, reducing vacancy losses, and selecting the right tenants.

It also features useful forms, interview questions, and a cornucopia of other insights.

With a focus on practical tips and real-world experiences, the course equips learners with the tools to navigate property management challenges.

 

Pricing

The Street Smart Educated Landlord Training course is priced at $197.

4
CHAPTER

Rental Properties 101

Rental Properties 101 demystifies real estate investing by equipping learners with a reliable system to generate passive rental income.

Contrary to common misconceptions, this landlord certification course dispels the notion that managing rental properties requires hands-on involvement or prior experience.

In this course, you will learn how to identify lucrative rental properties for sale, structure great deals, and seamlessly manage your real estate portfolio.

The course explains the pros and cons of real estate investing and explores time-tested strategies for generating passive income through real estate.

With in-depth insights into proactive and passive rental income strategies, target market identification, investment property analysis software, and real estate investment due diligence checklist, you’ll gain the expertise to kickstart your first cash-flowing rental investment.

 

Who Are the Instructors?

WealthFit, an e-learning powerhouse, created this course. Their platform offers live and on-demand classes on diverse subjects like personal finance, investing, and entrepreneurship.

With a clear vision to revolutionize financial education and help people attain true wealth, WealthFit’s expert-curated courses deliver practical and transformative advice on money management and wealth creation.

 

What Will You Learn?

This comprehensive course starts with an introduction to passive income generation and concludes by discussing how to excel at finding lucrative rental homes for sale.

In between are six detailed chapters on real estate investing principles.

 

1. The Pros of Investing in Rentals

Here, you will learn how to reduce risk and increase your potential profit as an investor.

This is also where you learn about different tax deductions for real estate investors you can take advantage of.

 

2. The Cons of Investing in Rentals

In this section, you’ll discover the challenges and potential downsides to rental property investing.

It explores the intricacies of being a hands-on landlord, discussing the difficulties that can arise in managing day-to-day operations.

You will also find out why it could be challenging to extract cash from your equity.

 

3. Buying Rental Properties Right

This section offers practical guidance and helpful tools to perfect your purchase strategy.

It stresses the importance of understanding your target market and the advantages of conducting due diligence.

Additionally, it provides tips for effective property management and offers clear guidelines on what to look for during the due diligence process.

 

4. The Deal Analyzer for Rentals

Here, you’ll discover the power of the Deal Analyzer, a rental and house flipping tool, in evaluating potential rental properties.

It explains how to input relevant property data into this real estate investor app, including land value, estimated operating expenses, and rental income projections.

You’ll also learn how to calculate and incorporate aspects like the gross rent multiplier, depreciation, and price per square foot.

Finally, you can use the Deal Analyzer’s break-even ratio and five-year operating projections to assess the viability of your investment.

 

5. The Hands-On Approach to Rentals

If you prefer an active role in your investments, this section is for you.

It outlines how to identify potentially profitable rental properties, negotiate advantageous deals with motivated sellers, and close transactions with confidence.

You’ll also get guidance on preparing the property for rent, managing tenants, and maintaining your investment properties.

 

6. The Passive Approach for Rentals

For those seeking a more relaxed investment strategy, this section explores passive rental income generation.

It discusses strategies for purchasing properties with existing tenants, meaning you can start earning rental income almost as soon as the transaction closes without having to find renters yourself.

By the end of this comprehensive course, you’ll understand the challenges, strategies, and tools necessary for a successful real estate investment.

Whether you prefer a hands-on or passive approach, you’ll be armed with the knowledge to make informed decisions and maximize returns on your investment.

 

Pricing

To access the Rental Properties 101 course, subscribe to LinkedIn Learning. The platform offers a one-month free trial.

5
CHAPTER

Property Management Pro

Property Management Pro

This comprehensive course presents a step-by-step system to automate, delegate, and streamline the often time-consuming aspects of property management.

The course provides a systematic approach to managing rental properties, allowing learners to optimize returns, minimize labor, and reduce inconvenience.

This real estate coaching program, specifically for part-time landlords and aspiring property managers, revolves around reducing defaults and turnover costs.

In essence, it is an invaluable resource for landlords seeking efficiency and profitability in their real estate endeavors.

 

Who Are the Instructors?

Brian Davis

Brian Davis and Denise Supplee bring 50 years of combined experience in property management to the course.

A dedicated real estate writer with contributions to platforms like BiggerPockets and REtipster, Brian is the co-founder of SparkRental.

Having managed a nationwide real estate portfolio for a private equity firm and a national mortgage lender, Brian’s expertise lies in building passive income and automating rental processes

He co-created SparkRental’s property management course, bringing practical knowledge and a visionary approach to the course.

 

Denise Supplee

Denise Supplee is a seasoned realtor, property manager, and landlord. With over 30 years of real estate experience, Denise has managed portfolios with hundreds of units and has real investing experience.

Denise’s hands-on approach combines real estate, education, and technology to help others replicate her successful investments.

Her work with Brian, notably in launching SparkRental, has given birth to an effective method of real estate investing, which they present in this course.

 

What Will You Learn?

Property Management Pro provides learners with comprehensive understanding of property management and equips them with the necessary skills to maximize returns on their investments.

The course is divided into nine modules, each focusing on a specific aspect of property management.

 

Module 1

From Vacancy: Setting the Stage for Higher Returns

In this module, you will discover the secrets to maximizing property returns with expert marketing tips, tricks, and hacks.

You will also learn about enhancing curb appeal, tenant-proofing techniques, and leveraging amenities to attract high-quality tenants.

 

Module 2

Cash Cow Renters: Long-Term, Low-Maintenance Tenants for High ROI

This module discusses how to advertise to the right audience and create compelling rental listings.

It also provides tenant screening tactics and offers insights into handling pets profitably, turning your properties into sought-after havens for responsible pet owners.

 

Module 3

Legal Protection: Building a Legal Shield

Here, you will learn how to build a legal shield by shifting liability from yourself to your renters.

You will learn about security deposits and minimizing exceptions related to “normal wear and tear”.

The module also covers handling inspections, repairs, and maintenance and provides an overview of home insurance protection for landlords.

 

Module 4

Automating Rent Collection

This module emphasizes the importance of eliminating evictions and rent defaults. It sheds light on the problems associated with accepting checks and cash.

You will also discover various property management software for landlords to automate a rental business, their pros and cons, rent collection apps for landlords, and alternative payment options to streamline your rent collection process.

 

Module 5

The Good Books: Tracking Income and Expenses

This module explains why meticulous recordkeeping is essential and highlights the most crucial data for successful property management.

Here, you will learn how to stay organized and utilize landlord bookkeeping software to automate the financial aspect of the process.

The module also highlights the role of real estate accountants and bookkeepers in maintaining the financial health of your real estate ventures.

 

Module 6

ROI Central: Trimming Turnovers and Raising Rents

Module six focuses on the impact of turnovers on your return on investment (ROI) and strategies to minimize them.

It underscores how to foster long-term relationships with tenants and effectively raise rents without losing tenants.

 

Module 7

Troublesome Tenants: Prevention, Enforcement, and Eviction

This module focuses on preventing rent defaults and tenant damage through screening.

Students are taught the importance of regular inspections as a preventive measure. They are also taught how to set boundaries, manage expectations, and handle evictions.

 

Module 8

The Wrench Connection: The Landlord’s Guide to Contractors

Here, students are guided on how to hire the right contractors and handymen for property maintenance.

This module also explains how to find and screen contractors at different price points, negotiate contracts, and effectively manage contractors during the job.

 

Module 9

Under Improvement: Planned Upgrades, Unplanned Repairs, and Targeting Better Tenants

In this final module, students will learn how to shift from reactive repairs to scheduled maintenance.

It also covers topics like budgeting for capital expenditures (CapEx), setting tenant obligations, and leveraging planned repairs to enhance ROI.

 

Pricing

The course is available for a one-time fee of $697, or a four-month installment plan at $197 per month. Both options come with a 30-day money-back guarantee.

6
CHAPTER

Rental Property Analysis

Rental Property Analysis

The Rental Property Analysis course by Coach Carson is designed to simplify analyzing a rental property before purchase.

Perfect for both beginners and experienced real estate investors, the course breaks down key analysis formulas and demonstrates their application, helping you make profitable real estate investment decisions.

This landlord training class offers an in-depth view of another investor’s rental analysis systems, helping you understand the numbers that matter most.

The course includes the actual spreadsheet Carson uses in his own investment business.

Whether you’re navigating your first investment or seeking to enhance your analytical skills, this course will help you avoid pitfalls and uncover hidden opportunities in the rental market.

 

Who Are the Instructors?

Chad Carson is the brains behind the Rental Property Analysis course and owner of the Coachcarson.com website.

He is a seasoned real estate investor with 18 years of in-field experience.

Known for assisting small yet ambitious investors in building a profitable and passive rental property business, Chad brings a wealth of knowledge backed by personal investment experience that ranges from successful deals to costly mistakes.

Chad is also the author of one of the best books for real estate investorsRetire Early with Real Estate.

 

What Will You Learn?

This landlord training class is structured around four modules and three real-life case studies.

In this course, you will learn how to analyze potential cash flow, calculate returns on investment, estimate long-term returns, and ensure your property purchase is below its full or repair value.

It also offers insight into what makes a great rental property investment and shows you how to use a real-life analysis spreadsheet to evaluate rental properties.

Through Chad Carson’s patient instruction and real-world examples, participants will develop the skills to confidently run rental property numbers and make informed investment decisions.

Each course module comes with a learning quiz on completion, and Coach Carson answers questions from students in the comments section of each module.

 

Pricing

Access to all content in the Rental Property Analysis course costs $199. The course comes with a 30-day 100% money-back guarantee.

7
CHAPTER

Your First Rental Property

Your First Rental Property

Your First Rental Property is meticulously crafted to give you a headstart in your rental property investment career.

A result of four years of refinement, this course has provided comprehensive guidance for over 2,300 successful students.

Tailored for aspiring real estate investors in the United States, it offers a blend of educational videos, quizzes, and forums with direct access to the instructor, Paula Pant.

The course offers a 7-day free sneak peek, and enrollment provides access to essential tools, scripts, and support.

Your First Rental Property is a valuable investment that helps you eradicate doubts and fears and potentially saves you from making a costly, six-figure error.

 

Who Are the Instructors?

Paula Pant created this course. An esteemed writer, speaker, the brains behind the award-winning site AffordAnything.com, and the popular Afford Anything podcast.

Paula is a respected figure in financial independence and real estate investing circles.

From receiving a Plutus Lifetime Achievement Award to being acknowledged by major financial platforms such as Forbes, The New York Times, etc., Paula’s contribution to real estate investing and the FIRE movement cannot be overstated.

In the course, Paula shares her wealth of knowledge to guide students through the intricacies of purchasing, managing, and profiting from rental properties.

 

What Will You Learn?

Spanning over 10 weeks, this course promises a transformative learning experience, providing a blend of educational resources, interactive elements, and direct access to expert guidance.

Below are key lessons from the course.

 

1. Property Analysis

Learn the art of analyzing properties for potential profitability. The course provides tools for accurately assessing a rental property’s income stream and profit potential.

 

2. Property Search

The course guides students on how to find rental properties. This includes not just locally sourced properties but also those across the state, leveraging public data and off-market deals.

 

3. Finance

Understanding the financial landscape is key, and this course leaves no stone unturned. From traditional bank loans to innovative financing methods, you’ll gain insights into various avenues to fund your investment.

 

4. Renovation

Learn how to competently assess the right level of renovation needed for your property and constructively engage with your contractors, commanding respect and ensuring desired outcomes.

 

5. Property Negotiation and Purchase

Decode the complex process of buying properties. The course guides learners on avoiding common pitfalls and red flags that can derail transactions and compromise value.

 

6. Team Building

Success in real estate is often the result of team efforts. Master how to attract, hire, and retain top talent. This section of the course is a treasure trove of insights on team building.

 

7. Tenancy Management

Managing tenants is a critical skill. From advertising for tenants to evaluating applications and handling move-in/move-out logistics, this course will equip you with the tools to navigate tenant management.

The course doesn’t stop with educational content. It’s a holistic experience with teacher’s assistants actively participating in forums, providing valuable insights, encouragement, and clarification.

These TAs, themselves alumni of the course, are a testament to the community-driven support that enriches your learning journey.

 

Pricing

Your First Rental Property course is priced at a one-time fee of $1,297, or six installment payments of $249 each.

This investment grants lifelong access to course material and continuous support from the dedicated team, making it a worthwhile commitment for aspiring real estate investors.

___

About the Author

With over 20+ years of experience in real estate investment and renovation, Brian Robbins brings extensive knowledge and innovative solutions to the HouseCashin team. Over the years Brian has been involved in over 300 transactions of income producing properties across the US. Along with his passion for real estate, Brian brings with him a deep understanding of real estate risks and financing.