California Apartment Association

Ever scratch your head and wonder: Where’d the money go?

Without a budget, it’s bound to happen. And to succeed in the rental housing business, you can’t be foggy with the numbers.

To succeed in the rental housing business, you can’t be foggy with the numbers.

The California Apartment Association will help build your accounting acumen its next webinar, “Budget Development & Implementation.”

The course will cover the benefits of a budget, how to develop one, and resources needed. Students will learn about various types of budgets, the difference between operating and capital expenses, and as well as software and templates.

Learn how to:

• Evaluate a general ledger
• Calculate vacancy-and-rent losses
• Read a profit-and-loss statement
• Create ancillary income

Like the other webinars in the series, the class will be presented in two 90-minute segments. The first half will be webcast at 1:30 p.m. Monday, Sept. 9, and the second half at 1:30 p.m. Wednesday, Sept. 11. Students must complete both to obtain course credit.

The instructor, Cynthia Wray, has worked in property management since 1990, exclusively at FPI Management, Inc. , where she serves as senior director of acquisitions.  Wray also serves as the vice president of education on the RHA Board of Directors.

The deadline to enroll in “Budget Development & Implementation,” is noon Friday, Sept. 6. The same deadline to register will apply to each weekly course so that the student receives dedicated login information prior to the beginning of the webinar.