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Should You Join a Landlord Association?


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Landlord associations, or property owners associations, are underutilized by most income property investors.  Many investors feel like they do not have enough time to join an association because they get bogged down in the day-to-day activities of running their business.  However, landlord associations definitely offer some nice benefits that you ought to consider.

Most associations have valuable resources that can be tapped into, and they typically meet regularly or semi-regularly for educational and networking purposes.  They provide a good avenue to learn the ins and outs of the business, find potential buyers for your properties, find investment partners, and access discounted products and services.

Meetings usually feature one or more guest speakers, and provide the opportunity to network with other investors.  Some will even offer newsletters, seminars or workshops from time to time that cover important issues within the local or national market. Additionally, you will usually have access to discounted products and services such as attorney services, low cost landlord insurance, mortgage financing, etc.

Most landlord associations will charge a nominal annual fee of anywhere from $75-$150 depending on your market.  Some will even allow you to attend a meeting or two without paying the membership fee so you can determine whether or not it makes sense to join.  To find an association in your area, go here

The bottom line is that it makes sense to join an association if you can find a good one in your local market.  Not all markets have good landlord associations, so if you do find one in your area you would be well served to take advantage.  The savings you will realize from the discounted products and services alone are often enough to recoup your annual fee, which makes this a no-brainer.



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