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Finding the Perfect Multifamily Property

American Apartment Owners Association

Operating costs can consist of property taxes, real estate agent fees, utilities, maintenance, property management fees, homeowners insurance and legal fees. AAOA recommends you consult with a financial advisor, tax specialist, attorney or other specialist who is able to properly advise you.

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Understanding HOA finances: A practical guide for association managers

Buildium

Utilities and Services Any utilities that aren’t billed directly to individual members will need to be accounted for in the budget. However, if your association includes utility costs in the membership dues, you’ll need to consider the usage rates for the entire community. You’ll also need to budget for attorney fees.

Finance 245
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Top 10 property management tax deductions for 2025

Buildium

For example, you can deduct the rent and utilities you spend for an outside office or other workspace. Deductions on Legal and Professional Services You can deduct fees that you pay to attorneys, accountants, consultants, and other professionals if the fees are paid for work related to your business.

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Understanding Fair Notice Periods: A Landlord's Guide to Smooth Evictions

Property Management Inc.

Tackling Court Filing Fees Court costs can range from minor filing fees to larger attorney expenses. Do You Need an Attorney? An attorney isn’t always required, but their expertise can help. Additional Resources for Landlords Several platforms offer eviction-specific guides or attorney directories tailored to landlords.

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Don’t Get Scammed: Know About the Fair Housing Act 

American Apartment Owners Association

CHAT WITH AN ATTORNEY What is a Section 8 voucher? Beware of Section 8 scams Unfortunately, there are many scams that victimize both landlords and people trying to rent a home utilizing their Section 8 voucher. Need Legal Help? Chat with a real estate lawyer near you. Its only $5 for a 1-week trial. Ask unlimited questions.

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Don’t Get Scammed: Know About the Fair Housing Act 

American Apartment Owners Association

CHAT WITH AN ATTORNEY What is a Section 8 voucher? Beware of Section 8 scams Unfortunately, there are many scams that victimize both landlords and people trying to rent a home utilizing their Section 8 voucher. Need Legal Help? Chat with a real estate lawyer near you. Its only $5 for a 1-week trial. Ask unlimited questions.

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Minimizing Investment Risks in Multifamily Real Estate

American Apartment Owners Association

Utilizing thorough screening practices will not only protect your investment but also provide peace of mind knowing that you have taken the necessary steps to secure trustworthy tenants. Reliable screening methods can help filter outhigh-risk tenantsand lead to better long-term outcomes for your multifamily real estate investments.