Professional Publishing, Inc
June 2013 - Vol. 5 Issue 6
www.TheLandlordTimes.com
UTAH UTAH
SALT LAKE CITY • OGDEN • PROVO Official Publication of the
Utah's Leading Advocate for the Rental Housing Industry Ph: 888-244-0401 • www.uaahq.org
UAA Offering Free Property Management Software and Payment Processing Portal SALT LAKE CITY • OGDEN • PROVO
The Utah Apartment Association has launched a new membership benefit - members now have free access to a simple property management software and a payment processing portal.
This new benefit will allow UAA members who have a small number of rentals free access to the following: 1. A way to track income and expenses for your rentals and print simple year end reports for your taxes. 2. A way for landlords to allow and/or require tenants to pay rent online.
3. An online application and easy way for prospective tenants to apply and fill out contracts online.
"We are pleased to announce this new benefit for our members who own smaller portfolios of rental units and don't have the resources or expertise to have access to these things. The UAA has over 3,000 members who have 10 units or less and this kind of benefit will help them immeasurably," said Steve Randall, 2013 UAA President. Continued on page 4
New Fire Prevention Technology Hailed by Fire Fighters By Craig Hammond & John Pilmer of Fire Avert In March, 2013 an under-attended cooking fire at the Broadmoor Village Apartments in West Jordan, Utah injured a resident and displaced eight families. The apartment building was destroyed in the process.
Professional Publishing, Inc PO Box 30327 Portland, OR 97294-3327
This scenario plays out several times a year across the state. After such a fire, in addition to the threat of injury, the apartment owner and manager deal with the loss of tenants, increased insurance costs, lost revenue, a potential public relations nightmare, as well as legal ramifications. Continued on page 3
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$1.1 Trillion Apartment Industry Highlights Multifamily Job Growth for Congress Highlighting the economic strength of the apartment industry in front of Congress, Tom Bozzuto, Chairman and CEO of the Bozzuto Group, represented the National Multi Housing Council (NMHC) and the National Apartment Association (NAA) before a House Energy and Commerce Subcommittee recently. “The apartment industry is a competitive and robust $1.1 trillion industry that helps 35 million renters live in a home that’s right for them. In an environmentally sound way, we help build vibrant communities by offering housing choice, supporting local small businesses, creating millions of jobs and contributing to the fabric of communities across the country,” said Bozzuto, who is also chairman of NMHC. It takes at least 300,000 new apartments each year to meet demand, but less than half that number was delivered in 2012. Highlighting a $72 million apartment construction project in Baltimore’s Union Warf, Bozzuto drew the connection between job creation, manufacturing Continued on page 5
IN THIS ISSUE: Director's Message ................ Page 3 The Value of The National Apartment Association .......... Page 4 Products & Services Guide .................... Page 6 UAA MEETINGS July 23- Ogden GMM NO OREM GMM July 25- SLC GMM