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Fred Glick discusses real estate management on Glick Watch, emphasizing the importance of being able to handle tasks such as writing a lease, prorating rent, and conducting showings. He breaks down the rental cycle into three main parts and highlights the necessary documents and steps involved in the first phase, including having a rental application, lease agreement, move in/move out form, and conducting credit and background checks. Glick stresses the importance of following federal, state, and local laws in the process.