Terri Clifton, President of Better World Properties, LLC (back center) enlightens a packed Houston Apartment Association Certified Apartment Manager (CAM) Class on the nuances of apartment property financial management.
Are your apartment property managers effectively managing your ROI and financial goals? Do they even know what to look for? More importantly, do they know what to LOOK OUT for when it comes to financials at your properties? You may be surprised to learn how many managers have never seen a financial report.
CAM certification takes apartment management to a whole new level. In the CAM Financial management course module, apartment managers learn how to follow the money. Financial skills that are taught include how to monitor financial performance, develop and manage budgets, and how to minimize financial loss.
CAM certification also teaches skills in apartment property performance management including Return on Investment (ROI), Cash-on-Cash Return and Capitalization Rate (cap rate).
Learning how to properly evaluate an apartment property from a detailed financial perspective provides valuable insight on where and when to course correct in order to optimize returns while minimizes losses.
Are your apartment managers CAM Certified? If not, now is the time to take things to the next level. The $1,050.00 course fee quickly pays for itself, often with applied knowledge gained from the course within the very first month.
The objective of the Certified Apartment Manager (CAM) certification is to enhance the skills of apartment managers to improve resident retention rates, increase employee productivity and create better managed and more productive rental communities. CAM credential qualifications include a minimum of 12 months of onsite property management experience in a management role including Managers and Assistant Managers.
If interested in joining the Houston Apartment Association and obtaining the coveted CAM certification for your property managers and assistant managers, please contact the Houston Apartment Association at 713-595-0300 and Terri will save you a front row seat!