Overview
This dynamic training equips housing counselors with the knowledge and tools to educate clients interested in purchasing multi-family residential properties and becoming successful landlords. Participants will learn how to guide clients through the unique aspects of multi-family homeownership, including financing considerations, evaluating property suitability, and understanding landlord responsibilities.
The course emphasizes practical skills for educating clients on property management basics, tenant screening, legal obligations, and maintaining positive landlord-tenant relationships. Counselors will also learn how to prepare clients to navigate challenges such as budgeting for property maintenance, understanding rental income potential, and complying with fair housing laws. Participants will gain the confidence to help clients evaluate whether multi-family property ownership is the right fit for their goals and provide the guidance needed to set them up for long-term success as landlords.
Learning Objectives:
- Understand financing and affordability considerations specific to multi-family property purchases.
- Educate clients on landlord responsibilities, including tenant screening and property management.
- Explain how rental income contributes to housing affordability and financial planning.
- Help clients navigate legal obligations, including lease agreements and fair housing compliance.
- Equip clients with strategies for successful property maintenance and tenant relations.
Who Should Attend:
- HUD Approved Housing Counselors
- Nonprofit and Community Organizations
This course is an essential resource for housing counselors aiming to expand their impact by supporting clients in their journey toward multi-family property ownership and becoming an effective landlord.
FREE to Housing Counselors from HUD Approved HCA.
Course Modules:
Class Objectives and Overview
How to determine if being a landlord is right for my client?
Financing Options: Government Back & Guaranteed Home Loans
Financing Options: Traditional & Non-Traditional Mortgages
Finding the Right Multi-Family Residential Property
Tenancy Laws & Regulations
Finding the Right Tenant
Rental Application & Screening
Landlord & Tenant Responsibilities
Property Maintenance
Money Management
The Eviction Process
Scholarship Eligibility
This Pre-Purchase counseling training for multi-family residential property online course is designed for HUD approved counseling agencies interested in learning the skills clients will need to effectively manage their rental units and meet their obligations as landlords while observing federal, state and local laws and regulations. To be eligible for the full tuition scholarship you must be employed by a HUD approved counseling agency when you register. After completing the registration form, your will receive a confirmation message. Once your application is reviewed and approved, you will receive a welcome email with the instructions to join the free online training course.
Multi-Family Residential Property Certificate of Completion
Download your certificate of completion once you have finished the course.