Receive news, updates and special deals by Joining AOA's Online Newsletter. Click now to sign up!

Archive for May, 2016

How to Get Two or Three Times More Rent and Much Better Tenants Without Section 8 – by Nick Sidoti, R.A.M.

Posted on 01. May, 2016 by .

0
Facebook Twitter Email Linkedin Digg

You have heard it all before.  Some of us have even said it ourselves – “Being a landlord can be a pain.”  Most people in this country will agree that it makes a lot of sense to buy property and invest in real estate.  We also know all the benefits of investing in real estate.  You probably have heard that real estate is the “IDEAL” investment. [...]

Continue Reading

5 Extraordinary Ways to Market and Lease Apartments – By Theresa Bradley-Banta

Posted on 01. May, 2016 by .

0
Facebook Twitter Email Linkedin Digg

When it comes to marketing and leasing apartments, Craigslist might be your best source – but it’s not the only game in town.  Zillow.com, HotPads.com, Rent.com, Apartments.com, your own website and social media can all generate good traffic.  But have you explored new resources and strategies lately? [...]

Continue Reading

How to Be a Better Property Manager Everyday – By Will Johnson

Posted on 01. May, 2016 by .

0
Facebook Twitter Email Linkedin Digg

Early in my career, I worked for a large recruiting and staffing firm. My sales manager, who was about my age, was the typical company man. He dressed sharp, drove a nice car, constantly smiled, was awkwardly positive about any situation, and was a never ending fountain of motivational quotes — a budding young Zig Ziglar or Tom Hopkins. [...]

Continue Reading

5 Sure-Fire Ways to Prevent Tenant Turnover on Your Investment Rental Properties – By Robert Syfert

Posted on 01. May, 2016 by .

0
Facebook Twitter Email Linkedin Digg

Do you want to know some secrets for preventing tenant turnover in your single-family rental (SFR) or other real estate investment rental properties?

Is the vacancy period between tenants eating too much into your profit margin? [...]

Continue Reading

Legal Q & A – By Dennis P. Block, Attorney

Posted on 01. May, 2016 by .

0
Facebook Twitter Email Linkedin Digg

Question One: I have an apartment complex in Burbank. There is another building next to mine that has very noisy neighbors. My tenants are constantly complaining. What are my options?
Answer One: You cannot directly control the actions of those tenants. I would write a letter to the property owner and explain the situation and ask for the owner’s assistance.  You should also have your tenants contact the police department each time there is a disturbance. Lastly, you can contact the City Attorney of Burbank and ask them to file nuisance charges against the property owner for failing to control the situation. [...]

Continue Reading

Three Tips to Vamp Up Your Rental Listing Photos – By Ryan Green and Becky Bower

Posted on 01. May, 2016 by .

0
Facebook Twitter Email Linkedin Digg

The look of your rental property can make or break an applicant’s interest in becoming your new tenant. For most millennial applicants, visual media is a must for even a phone call. While using a DSLR camera or high resolution camcorder would be ideal, these few tricks you can use with your smart phone can help make your rental look enticing to potential applicants. [...]

Continue Reading

Mr. Landlord.com Tips on Management – By Jeff Taylor, “Mr. Landlord”

Posted on 01. May, 2016 by .

0
Facebook Twitter Email Linkedin Digg

It’s Not About Just Offering the “Right” Renewal Gift

Don’t fall into the costly mistakes of thinking that simply offering residents the right gift at renewal time will greatly increase their desire to want to renew their lease. Many landlords think the trick to retention is simply figuring out the right renewal gift or incentive to offer.  While it is nice to offer retention gifts, understand that the real trick/skill to retention is NOT about just offering the right gift or incentive. It is about changing the entire MINDSET of your residents, so that they see themselves as participants in your “customer loyalty” program. [...]

Continue Reading

How to Write Off Practically Anything – By Karla Dennis

Posted on 01. May, 2016 by .

0
Facebook Twitter Email Linkedin Digg

When it comes to tax deductions, there are a few schools of thoughts. There are the people who want to write off everything, whether it’s legal or not, and figure the cost of an IRS audit won’t be that bad. Or else they think they can’t ever get caught. They are invisible, or so they think. That’s group number one.  [...]

Continue Reading

Legal Q & A – By Richard Beckman, Attorney

Posted on 01. May, 2016 by .

0
Facebook Twitter Email Linkedin Digg

Question 1: I have a resident that is requesting permission to have a dog. She submitted a note from a doctor written on a doctor’s prescription slip. The note states “please allow my patient to have a small dog.” The building is a ‘no pet’ building, but the tenant is insisting she has the right to have her dog live with her.  Does she? [...]

Continue Reading

Estate Planning For Apartment Owners – Super Investment or Unnecessary Expense? – By Attorney Kenneth Ziskin

Posted on 01. May, 2016 by .

0
Facebook Twitter Email Linkedin Digg

Most of the apartment owners we have had the privilege to meet and work with are pretty frugal with their money.  They rarely live in the most expensive homes, drive the most expensive cars or buy the most expensive designer clothes. They are the “millionaires next door,” who built a solid financial foundation on sound investments and careful spending. [...]

Continue Reading