What is the American Apartment Owners Association?
The American Apartment Owners Association
Currently holding the title of the largest landlord association in the United States, the American Apartment Owners Association (AAOA) has a membership of more than 100,000 apartment owners, investors, property managers, and real estate brokers. The organization, founded by a group of property managers in 2004, aims to educate and provide assistance to apartment building owners and investors, property managers, and real estate brokers across the U.S. While becoming a member of the AAOA isn't mandatory for success as an apartment property investor or owner there are a ton of benefits and services that the American Apartment Owners Association provides for its members, making it absolutely worth looking into at the very least.
Membership with the AAOA comes in two tiers. There is a free membership plan and an upgraded plan that comes at a cost of $99 per month. As to be expected, the free plan is mostly offered as a teaser of sorts to build interest in paying for the full membership. Still, the free membership has few (if any) downsides, as it costs nothing but still grants members free access to rental application forms, and a variety of additional benefits, including discounts for Sherwin-Williams, FedEx, and Network Solutions, in addition to allowing members to subscribe to the AAOA newsletter.
The paid membership is all of that, and then some. With the paid membership, there are more offers for free and discounted services, including two tenant screening packages, free educational webinars, 50% off ManageZoom Property Management Software, and a much wider array of corporate discounts. Still, it is only recommended to purchase the paid membership if you believe that you will save substantially more than $99 in the next year by purchasing products or services listed in AAOA’s discount programs. This makes sense more for the smaller, hands-on landlords than those larger entities that employ property management companies.
Advantages of Joining the American Apartment Owners Association
The AAOA provides benefits to apartment owners through several free or low-cost services, including:
- Landlord Forms: The AAOA provides landlords 30 different, easy-to-use, legally compliant forms, in order to make the leasing process as easy as possible for both landlords and tenants.
- Tenant Screening: For a discounted price, the AAOA offers in-depth tenant background screening that includes social security number verification, criminal records reviews, past evictions, and credit checks, helping landlords reduce the risk and choose only the most qualified tenants.
- Property Management Software: AAOA members are eligible for discounted pricing for ManageZoom, a cloud-based property management software designed to make it easier for landlords to manage responsibilities such as repairs, background checks, lease agreements, rent collection, and marketing.
- Vendor Directory: The American Apartment Owners Association provides landlords a list of trusted, approved vendors for common services including apartment repairs, remodeling, security system installation, and more.
- Educational Resources and News: There is a wide variety of educational resources to be found on the AAOA website, such as live and on-demand webinars, a guide to landlord/tenant laws in each state, and lists of relevant legal cases that landlords may wish to reference. Plus, the AAOA offers regular multifamily news updates to help owners and investors stay abreast of the latest developments.
Related Questions
What is the American Apartment Owners Association?
The American Apartment Owners Association (AAOA) is currently the largest landlord association in the United States, with more than 137,500 members. The organization, which was founded by a group of property managers in 2004, aims to assist and educate apartment building owners and investors, property managers, and real estate brokers across the U.S. Membership with the AAOA comes in two tiers. There is a free membership plan and an upgraded plan that comes at a cost of $99 per month. As to be expected, the free plan is mostly offered as a teaser of sorts to build interest in paying for the full membership. Still, the free membership has few (if any) downsides, as it costs nothing but still grants members free access to rental application forms, and a variety of additional benefits, including discounts for Sherwin-Williams, FedEx, and Network Solutions, in addition to allowing members to subscribe to the AAOA newsletter.
The paid membership is all of that, and then some. With the paid membership, there are more offers for free and discounted services, including two tenant screening packages, free educational webinars, 50% off ManageZoom Property Management Software, and a much wider array of corporate discounts. Still, it is only recommended to purchase the paid membership if you believe that you will save substantially more than $99 in the next year by purchasing products or services listed in AAOA’s discount programs. This makes sense more for the smaller, hands-on landlords than those larger entities that employ property management companies.
While the American Apartment Owners Association may be the largest landlord association in the country, it’s far from the only option on the market. Another popular national group is the Landlord’s Association, which, like the AAOA, provides discounted background checks, landlord/tenant legal information, a comprehensive real estate newsletter and other similar services and information. Also like AAOA, the Landlord’s Association offers a free membership option, with several tiers of paid membership options.
In addition to these national organizations, a plethora of smaller landlord associations exist on a local level, which may be able to provide more localized, hands-on support for landlords and multifamily property investors. For instance, the National Real Estate Investors Association, a trade group for real estate investors, has local chapters in cities across the U.S. In many ways, membership in this type of group may actually be more valuable, as it allows multifamily investors to meet each other in person, allowing them to develop relationships and learn from each other’s experience.
What services does the American Apartment Owners Association provide?
The American Apartment Owners Association (AAOA) provides several free or low-cost services to its members, including:
- Landlord Forms: The AAOA provides landlords 30 different, easy-to-use, legally compliant forms, in order to make the leasing process as easy as possible for both landlords and tenants.
- Tenant Screening: For a discounted price, the AAOA offers in-depth tenant background screening that includes social security number verification, criminal records reviews, past evictions, and credit checks, helping landlords reduce the risk and choose only the most qualified tenants.
- Property Management Software: AAOA members are eligible for discounted pricing for ManageZoom, a cloud-based property management software designed to make it easier for landlords to manage responsibilities such as repairs, background checks, lease agreements, rent collection, and marketing.
- Vendor Directory: The American Apartment Owners Association provides landlords a list of trusted, approved vendors for common services including apartment repairs, remodeling, security system installation, and more.
- Educational Resources and News: There is a wide variety of educational resources to be found on the AAOA website, such as live and on-demand webinars, a guide to landlord/tenant laws in each state, and lists of relevant legal cases that landlords may wish to reference. Plus, the AAOA offers regular multifamily news updates to help owners and investors stay abreast of the latest developments.
What are the benefits of joining the American Apartment Owners Association?
The American Apartment Owners Association (AAOA) provides benefits to apartment owners through several free or low-cost services, including:
- Landlord Forms: The AAOA provides landlords 30 different, easy-to-use, legally compliant forms, in order to make the leasing process as easy as possible for both landlords and tenants.
- Tenant Screening: For a discounted price, the AAOA offers in-depth tenant background screening that includes social security number verification, criminal records reviews, past evictions, and credit checks, helping landlords reduce the risk and choose only the most qualified tenants.
- Property Management Software: AAOA members are eligible for discounted pricing for ManageZoom, a cloud-based property management software designed to make it easier for landlords to manage responsibilities such as repairs, background checks, lease agreements, rent collection, and marketing.
- Vendor Directory: The American Apartment Owners Association provides landlords a list of trusted, approved vendors for common services including apartment repairs, remodeling, security system installation, and more.
- Educational Resources and News: There is a wide variety of educational resources to be found on the AAOA website, such as live and on-demand webinars, a guide to landlord/tenant laws in each state, and lists of relevant legal cases that landlords may wish to reference. Plus, the AAOA offers regular multifamily news updates to help owners and investors stay abreast of the latest developments.
Membership with the AAOA comes in two tiers. There is a free membership plan and an upgraded plan that comes at a cost of $99 per month. As to be expected, the free plan is mostly offered as a teaser of sorts to build interest in paying for the full membership. Still, the free membership has few (if any) downsides, as it costs nothing but still grants members free access to rental application forms, and a variety of additional benefits, including discounts for Sherwin-Williams, FedEx, and Network Solutions, in addition to allowing members to subscribe to the AAOA newsletter.
The paid membership is all of that, and then some. With the paid membership, there are more offers for free and discounted services, including two tenant screening packages, free educational webinars, 50% off ManageZoom Property Management Software, and a much wider array of corporate discounts.
How can the American Apartment Owners Association help me secure an apartment loan?
The American Apartment Owners Association (AAOA) can help you secure an apartment loan by providing you with access to a variety of resources and services. The AAOA offers members access to discounted loan products, such as multifamily loans, bridge loans, and construction loans. Additionally, the AAOA provides members with access to a network of lenders, brokers, and other professionals who specialize in apartment financing. The AAOA also offers educational resources, such as webinars and guides, to help members understand the loan process and make informed decisions.
For more information about the loan products and services offered by the American Apartment Owners Association, please visit their website at https://www.american-apartment-owners-association.org/.
What resources does the American Apartment Owners Association offer to help me understand the apartment loan process?
The American Apartment Owners Association offers several resources to help landlords understand the apartment loan process. These include:
- Educational Resources: The AAOA website contains a variety of educational resources, such as live and on-demand webinars, a guide to landlord/tenant laws in each state, and lists of relevant legal cases that landlords may wish to reference.
- Loan Products: The AAOA offers a variety of loan products, including FHA loans, conventional loans, and bridge loans. These loans can be used to purchase, refinance, or renovate multifamily properties. For more information, visit the AAOA Loan Products page.