Log in

   2021 
Partners                                           

                                                                                                                                            

Upcoming events

    • 21 May 2021
    • 8:00 AM - 4:30 PM (EDT)
    • 8768 North Territorial Road Plymouth, MI 48170
    • 8
    Register

     All- Inclusive Golf Outing at Fox Hills

    Fox Hills  has 500 acres of plush scenery, you will soak in the splendor of all 63 holes of golf complete with breathtaking views. They have been recognized as one of the top public golf courses.

    *Members and member companies only are invited to participate

    SPONSORSHIP IS AVAILABLE!  Email info@bomadet.org


    • 14 Jun 2021
    • (EDT)
    • Virtual Class 8am-5pm
    Register

    Instructed by Tom Cook, CPE

    More than ever before, property professionals are under greater scrutiny from owners, tenants, and the media — which means you’ll need the skills and credentials to show you’re "on the level." Ethics Is Good Business® helps you understand the impact that ethical behavior can have on your professional performance and your property’s bottom line. This course is available as a six-hour, interactive seminar or in a self-study format. Through video presentations of real-life scenarios and case studies, you will identify and resolve ethical dilemmas that can occur on the job.

    Major topics covered in this course:

    • Tenant relations
    • Confidentiality
    • Record keeping and trade secrets
    • Proper use of funds
    • Conflicts of interest

    You will take away these key concepts and skills:

    • An awareness of how ethics influences your business success
    • The ability to better identify potential ethical issues, thereby avoiding them
    • Guidelines to use when identifying various value systems, and when articulating your own
    • Skills in recognizing the progression of events that can lead to ethical misbehavior


    • 21 Jun 2021
    • (EDT)
    • 23 Jun 2021
    • (EDT)
    • VIRTUAL
    Register

    Instructed by Richard Wieland, MBA, BSA, BGS

    Budgeting and Accounting features applications and problems you can use to create building and facilities' budgets. In this course, you will have the opportunity to apply concepts within the real property and facilities context. You will follow the accounting process and creation of a budget from start to finish, learning such valuable skills as how to interpret financial statements, annual reports, and statements of cash flows. You will also learn practical skills such as how to compile lease abstracts and prepare rent rolls. The course includes valuable exercises pertaining to computing productivity ratios, depreciation, ending cash balances, preparing income and expense budgets, and explaining budget variances.

    Major topics covered in this course:

    • Record keeping requirements
    • Revenue and expenditure cycles
    • Cash basis income statement
    • Financial statements
    • Annual reports
    • Lease abstracts
    • Income and expense budgeting
    • Working with capital

    You will take away these key concepts and skills:

    • The know-how to analyze and interpret financial statements of prospective tenants.
    • The ability to calculate income and expense items, develop capital budgets, write lease abstracts, establish cost controls, and construct property or facilities budgets.


    • 30 Jun 2021
    • 2:00 PM - 7:00 PM (EDT)
    • Detroit Eastern Market
    Register
    • 30 Jun 2021
    • 2:00 PM - 7:00 PM (EDT)
    • Detroit Eastern Market
    Register
    • 23 Aug 2021
    • (EDT)
    • 25 Aug 2021
    • (EDT)
    • Southfield Town Center 4000 Town Center, Suite 5 Southfield, MI 48075
    Register

    Instructed by Richard Wieland, MBA, BSA, BGS

    Through this course you will learn to take charge of real estate investments in order to maximize the value of a property. You will develop knowledge about basic financial concepts as they relate to real estate, including valuation, analysis, taxation, depreciation, and life-cycle costing. Similarly, you will learn to evaluate real estate investments and to develop budgets that estimate net operating income, You will study the income capitalization approach and cover property taxation costs and strategies to offset these costs. You will also gain the skills to conduct discounted cash flow analyses and calculate net present value and internal rate of return. This course features exercises that require the basic use of the HP-10B financial calculator.

    Major topics covered in this course

                Asset valuation and enhancement

                Costs and taxes

                Capitalization

                Site and building analysis

                The appraisal process

                Discounted cash flow measurement

                Ownership vehicles

                The basics of lending and current lending practice

    You will take away these key concepts and skills

                A clear understanding of physical and market value

                The know-how to determine a property’s economic value

                An understanding of how investment is financed and how value is increased

                A working knowledge of current tax laws regarding such areas as capital gains and                     depreciation


    • 20 Sep 2021
    • (EDT)
    • 22 Sep 2021
    • (EDT)
    • Southfield Town Center 4000 Town Center, Suite 5 Southfield, MI 48075
    Register

    Instructed by Michael J. Lauhoff, RPA, FMA

    Taking this course is a wise, strategic move for any facilities planner or project manager. Through this course, you will develop the skills and knowledge critical to the successful execution of a facilities project: proper planning, selecting a building’s team, and following through with attention to detail. You will learn how to assemble and manage facilities teams and how to plan and implement facilities projects, including methods to control key elements of the process. In this course you will examine case studies on SFP models, project management methods, and outcomes. You will also study how to close out projects, how to complete and use a facilities annual report, and how to read and interpret architectural drawings.

    Major topics covered in this course:

    • The value of planning and organizing to plan
    • Planning models
    • Identifying and rating user needs
    • Owned vs. leased vs. developed facilities
    • Managing planning
    • Classifying facilities projects
    • Roles of the players
    • Specifications for facilities performance
    • Design development and review
    • Implementing projects
    • Planning occupancy
    • Project close-out
    • Post-occupancy evaluation using facilities annual reports.

    You will take away these key concepts and skills:

    • The ability to organize and successfully plan a facilities project
    • The knowledge you need to assemble a facilities team, including consultants
    • Guidelines for determining user needs
    • An understanding of the role each player has in managing a facility


    • 18 Oct 2021
    • (EDT)
    • 20 Oct 2021
    • (EDT)
    • Southfield Town Center 4000 Town Center, Suite 5 Southfield, MI 48075
    Register

    Instructed by Michael J. Lauhoff, RPA, FMA

    With the increasing demand for economy and energy conservation, the challenge for property and facilities managers today is to create and maintain an efficient, safe building environment. This course provides you with the information you need to make management decisions about various building systems and sites -- decisions that will increase occupant safety and comfort, while facilitating building efficiency.

    Major topics covered in this course:
    Electricity (AC and DC) and its applications in building systems
    Energy management
    Vertical transportation systems
    Preventive maintenance
    Window cleaning and architectural metal maintenance
    Pest control, solid waste management, and environmental safety
    Landscaping and parking
    Fire protection systems
    Building security

    You will take away these key concepts and skills:
    The ability to analyze and manage building systems
    The talent to maintain your property in top condition, both inside and out
    The knowledge to maintain a secure, safe building


    • 15 Nov 2021
    • (EST)
    • 17 Nov 2021
    • (EST)
    • Southfield Town Center 4000 Town Center, Suite 5 Southfield, MI 48075
    Register

    Instructed by Richard Wieland, MBA, BSA, BGS

    Through this course you will learn to take charge of real estate investments in order to maximize the value of a property. You will develop knowledge about basic financial concepts as they relate to real estate, including valuation, analysis, taxation, depreciation, and life-cycle costing. Similarly, you will learn to evaluate real estate investments and to develop budgets that estimate net operating income, You will study the income capitalization approach and cover property taxation costs and strategies to offset these costs. You will also gain the skills to conduct discounted cash flow analyses and calculate net present value and internal rate of return. This course features exercises that require the basic use of the HP-10B financial calculator.

    Major topics covered in this course

                Asset valuation and enhancement

                Costs and taxes

                Capitalization

                Site and building analysis

                The appraisal process

                Discounted cash flow measurement

                Ownership vehicles

                The basics of lending and current lending practice

    You will take away these key concepts and skills

                A clear understanding of physical and market value

                The know-how to determine a property’s economic value

                An understanding of how investment is financed and how value is increased

                A working knowledge of current tax laws regarding such areas as capital gains and                     depreciation


Powered by Wild Apricot Membership Software