BOMI RPA study plan
BOMI RPA · Give each week a clear focus.
8 weeks · About 7 hours per week
Real Property Administration & Financial Management and Accounting
Outline the full RPA exam blueprint and map each of the six domains to its weighted share of study time
Define the core duties of a real property administrator and distinguish them from asset manager and property manager responsibilities
Build a personal property-management glossary covering at least 40 terms from Domains 1 and 4
Draft a one-page property administration checklist covering records, vendor files, and compliance documentation
Your checkpoint
A weighted study calendar plus a 40-term glossary file covering Domains 1 and 4
Real Property Administration & Risk Management and Regulatory Compliance
Explain the main statutory and regulatory obligations that govern real property administration, including recordkeeping and reporting duties
Compare lease administration tasks such as rent rolls, escalations, and critical-date tracking
Identify the documents a property administrator must maintain and the retention periods commonly applied to them
Summarize how accessibility, environmental, and safety regulations intersect with daily building administration
Your checkpoint
A two-page regulatory obligations summary with a document retention table
Property and Asset Management & Real Property Administration
Differentiate property management from asset management using lifecycle, valuation, and reporting criteria
Describe how a property's position in its lifecycle shapes operating and capital decisions
Outline a preventive maintenance program including scheduling, work orders, and vendor oversight
Explain how service-level expectations and tenant satisfaction metrics feed into management reporting
Your checkpoint
A sample 12-month preventive maintenance calendar with vendor oversight notes
Building Systems and Operations & Risk Management and Regulatory Compliance
Diagram the major building systems, including HVAC, electrical, plumbing, fire protection, and vertical transportation
Explain how each system's failure modes translate into risk and cost exposure
Match common building-system hazards to the controls and inspection routines that mitigate them
Draft an emergency response outline covering fire, power loss, and water intrusion
Your checkpoint
A building-systems reference sheet pairing each system with hazards, controls, and inspection frequency
Financial Management and Accounting & Property and Asset Management
Construct a simple operating budget showing income, operating expenses, and net operating income
Calculate and interpret common property metrics including operating expense ratio, occupancy cost, and cash-on-cash return
Trace how rent collections, payables, and reconciliations flow through property accounting records
Prepare a variance explanation comparing budgeted and actual operating results
Your checkpoint
A completed practice operating budget with three calculated metrics and a written variance analysis
Leasing, Marketing and Tenant Relations & Financial Management and Accounting
Outline the leasing process from prospect inquiry through application, screening, and lease execution
Explain core lease clauses such as term, rent escalations, CAM recovery, maintenance obligations, and default remedies
Design a tenant relations approach covering communication cadence, complaint handling, and retention
Describe fair housing and advertising compliance principles that apply to marketing and screening
Your checkpoint
A lease clause summary table plus a tenant communication and retention plan
Risk Management and Regulatory Compliance & Building Systems and Operations
Build a risk register listing at least 15 property risks with likelihood, impact, and mitigation
Explain insurance fundamentals including coverage types, deductibles, and certificate-of-insurance tracking
Outline an incident reporting and investigation workflow from event through corrective action
Summarize workplace safety and contractor compliance obligations for managed properties
Your checkpoint
A 15-item risk register with mitigation owners and an insurance tracking checklist
Real Property Administration & Property and Asset Management & Building Systems and Operations & Financial Management and Accounting & Leasing, Marketing and Tenant Relations & Risk Management and Regulatory Compliance
Review condensed notes from all six domains and flag the three weakest areas for targeted re-study
Complete at least 100 timed practice questions and log accuracy by domain
Re-derive key formulas and definitions from memory without notes
Simulate a full exam session under time constraints and review every missed item
Your checkpoint
A domain accuracy report plus a one-page formula and definitions sheet written from memory
Milestones
Week 2: Score at least 70 percent on a 20-question quiz drawn from Domains 1 and 6, with every missed item explained in writing
Week 4: Explain each major building system and its key risk controls aloud in under five minutes without notes
Week 6: Complete the practice operating budget with correct net operating income and at least two metrics computed accurately
Week 8: Achieve at least 75 percent overall on a timed 100-question practice set, with no domain below 65 percent