Betty Fletcher
Transcription
Betty Fletcher
President’s Message Another successful event... OFFICERS Rose Thomas, MPM® President [email protected] 301-694-6900 x1001 The 2006 Leadership Symposium in Dallas was outstanding! On behalf of all of the attendees, I extend a special thanks to Eddie Davis, MPM® and his committee. The speakers, workshop leaders, and board and committee training sessions were excellent. What a great beginning to another great year for NARPM! Sylvia Hill, CPM® MPM® President-Elect Bylaws Chair Finance Chair Strategic Plan Oversight Chair [email protected] 408-997-7100 x104 For those who could not attend, I am sharing an abridged version of the address I gave at the Leadership Symposium. I hope it gives you a good sense of NARPM’s place in the past and present, and inspires your vision for its future. Erika K. Green, MPM® Secretary [email protected] 817-763-9696 x101 “A little over 18 years ago, 13 property managers had a belief that sharing what they did in their property management business would benefit themselves and those with whom they met. They were convinced that the results of their networking would lead to greater success, more efficiency, increased knowledge in the field, and heightened professionalism. They knew that the sharing of ideas, even among competitors, would minimize the learning curve and create a less stressful working environment.” Who were these original 13 property managers? Ralph K. Tutor, R. Susan Gordon, Mary E. Welch, Terry Robertson, Peggy Rapp, Jo Ellen Watson, Ronald P. Beck, Janice Kirkpatrick, Helen Daniel, Steve Urie, Karen Ebert, Jeanette Romani, and H. Lynn Greer, Jr. Their vision, which has been supported by the dedication, commitment, and hard work of thousands of members like us, has propelled NARPM to the present. For the first time ever, we have over 2,250 members. As of January 2006, NARPM has educated and certified 359 RMP’s®, 113 MPM’s®, and 24 CRMC® management companies. NARPM’s efforts have profoundly changed the residential property management industry. This past year NARPM’s accomplishments include: dramatic improvements to our web page; contracting to develop our first distance learning courses; developing the Certified Support Specialist (CSS®) designation for staff members; presenting education courses to more chapters; providing a greater level of support to the chapter leaders, through the Membership Committee; giving the Residential Resource and our marketing brochures a new look; expanding the range and depth of services provided by our growing number of Affiliates; and, presenting bigger and better conventions and leadership symposiums. All of these positive changes came about because of you—NARPM’s leaders, whose ideas inspired the new offerings and improved the existing ones. Now, our goal is to take NARPM to the next level. What does this mean? It means anticipating and adapting to changes in the world around us, while maintaining our integrity; staying true to NARPM’s purpose; and, despite any temporary setbacks, always moving forward. Through almost twenty years of growth, NARPM’s leaders have held on to their integrity and to NARPM’s. Any changes made were in line with NARPM’s purpose and maintained a vision for the future. For many of us, so much of what we learn while working on behalf of NARPM also enhances our personal lives in addition to our professional lives. I have learned and grown so much, just through the process of meeting my commitments to NARPM. You are today’s team, a modern team that can “Spread the Knowledge” in twenty-first century style, while staying on course with our Association’s purpose and always, always moving forward. Betty Fletcher, MPM® Treasurer Editorial Chair [email protected] 501-907-7091 x101 Marc Banner, MPM® Past President Nominations Chair [email protected] 208-377-8889 DIRECTORS Greg Fedro, MPM® Certification Chair [email protected] 512-345-9886 Harold Kalles, MPM® Website Chair [email protected] 253-848-9393 Mary M. Love, MPM® [email protected] 808-329-4813 Peter C. Meer, MPM® Education Chair [email protected] 303-332-1550 Fred Thompson, RMP® [email protected] 407-571-3650 COMMITTEE CHAIRS Susan Albern, MPM® Membership Committee [email protected] 970-669-0842 Eddie Davis, MPM® 2006 Leadership Symposium Committee [email protected] 214-956-8888 Wendell Davis, MPM® Convention Committee [email protected] 904-899-6800 Christopher Hermanski, MPM® Long Range Committee [email protected] 503-343-0141 Rose Thomas, MPM® President NARPM HEADQUARTERS Executive Director Gail Phillips 184 Business Park Drive, Suite 200-P Virginia Beach, VA 23462 Mark Kreditor, MPM® Professional Standards Committee [email protected] 214-522-5700 Editor: Betty Fletcher, MPM® Tel: 800-782-3452 toll free E-mail: [email protected] Internet: www.narpm.org The Residential Resource is a publication of the National Association of Residential Property Managers, 184 Business Park Drive, Suite 200-P, Virginia Beach, VA 23462; 800-782-3452. ©2005. All rights reserved. Reproduction in whole or in part is allowed only upon permission from the publisher. Opinions of the authors are not necessarily those of NARPM. Any legal matters or advice mentioned herein should be discussed with an attorney, accountant, or other professional before use in a particular state or situation. NARPM and its staff assume no responsibility for ads or statements in the publication. NARPM does not endorse any advertising in this publication. All readers are responsible for their own investigation and use of any products advertised in the Residential Resource. NARPM members receive the Residential Resource as part of the annual dues; subscriptions are available for $195. Items for publication cannot be returned. Articles can be submitted by sending a Word attachment to [email protected]. Address changes may be forwarded to the NARPM National Headquarters at the address listed above. The publisher and editor reserve the right to edit or refuse all publications for content and selection. 2 March 2006 Residential Resource Kandy Meehan, RMP® Affiliate Committee [email protected] 913-469-6633 Jim Reimer, MPM® Legislative Committee [email protected] 208-375-3400 Robert Winger, MPM® Marketing Committee [email protected] 916-446-6663 x103 From the Desk of the Executive Director Leadership was busy making plans for NARPM’s future... What an exciting Leadership Symposium NARPM hosted in Dallas, TX! I enjoyed visiting with many of you and understanding your role in NARPM. If you were unable to attend, here are some highlights of what happened: • • • • • • • • Mark Kreditor installed Rose Thomas, MPM® as the 2006 president of NARPM at the Installation Dinner. Past President Marc Banner, MPM® was recognized and thanked for his tremendous leadership in 2005. He led NARPM through a crucial transition and began paving the path to lead NARPM into a bright future. The Board of Directors approved the formation of an Ad Hoc group to study the structure of the NARPM Board of Directors. President Rose Thomas, MPM® appointed an additional Ad Hoc group to look at the committee structure. NARPM leadership also approved policies for chapters to request visits from NARPM officers. These policies are posted on the website. The formation of a NARPM Charitable Foundation was approved by the Board of Directors. Local chapter leaders were trained on how to be efficient leaders and how to run successful chapters. The 2007 Leadership Symposium will be held in mid-February. By the time you read this article, your new management company, Organization Management Group (OMG), will have been in place for six (6) months. This has been a time of learning for all of us and we appreciate your patience. Please remember, I am only an email away. Do not hesitate to contact me with your thoughts and concerns at [email protected]. I look forward to hearing from you. Gail S. Phillips, CAE Executive Director Don’t you have enough to do? We can make it easier. Constant enhancements for your business. Constant updates for tenant searchers. Constant gains in search engines & visitors. No wonder we’re growing so fast. Our Google-based maps let you track your portfolio by location while searchers find you faster. Your future tenants are living in the 21st Century. So are we. Visit or call now: www.rentalhouses.com 1-866-822-RENT (7368) March 2006 Residential Resource 3 Inquiring Minds Question Animals by Betty Fletcher, MPM® My inquiring mind was wondering how other NARPM members deal with the question of animals. When the owner agrees to allow animals on the property, what then? Do you increase the security deposit, charge a refundable animal deposit or a non-refundable animal fee or is there another way? Do you limit animals by size, breed, or weight? Do you require liability insurance on all animals or just those considered dangerous? Chandler Scarbrough of Chandler Scarbrough Realty in Virginia Beach, VA relies on a thorough tenant screening process. He offers that his requirement of a 650 minimum credit score tends to produce tenants who are more likely to be responsible animal owners and take care of the property. He prefers not to have large animals on the property because of increased liability even though each tenant is required to submit proof of liability insurance for the animal. Property owners are counseled that outside animals often become inside animals during inclement weather. No Pets Allowed? No Problem! John Parker, MPM® of Willow Properties in Lakewood, WA charges an animal deposit that is refunded to the tenant if the unit is returned undamaged and clean. No exotic animals or those considered dangerous breeds are allowed. They currently do not require liability insurance on animals brought onto the property. Dave Fletcher, RMP® of Fletcher Property Management, CRMC® in Little Rock, AR charges a $200 non-refundable fee for each animal allowed on the property, but the property owner must first agree to allow animals. He does not limit by size, weight, or breed. However, he does require liability insurance on every dog, regardless of breed or size. A picture of each animal allowed on the property is included in the tenant’s file. Maria Truckenbolz of MT Management in Spokane, WA chooses to charge an animal deposit that is fully refundable. Tenants with no hope of receiving a refund see no reason to take care of the property or clean it prior to vacating. Unless the owners stipulates, they do not limit size, breed, or weight. She does, however, require liability insurance for those considered dangerous breeds. Congratulations to Chandler Scarborough and Maria Trukenbolz for their goal to receive the Residential Management Professional (RMP®) designation at the 18th Annual Convention in Burlington, VT. Now my inquiring mind is questioning Keys: do you use a key coding system? How is it set up? When do you re-key property locks? How do you handle tenants who have locked themselves out? Do you have a key-duplicating machine in your office? Do you have tools to pick a lock? Do your owners have keys to the properties? Share your knowledge by emailing your responses to editorialchair@ narpm.org. Be sure to include your name, the name of your company, and any designations you have earned. Look for your response in an upcoming issue of Inquiring Minds. Betty Fletcher, MPM® is owner and principal broker of Fletcher Property Management, CRMC® in Little Rock, Arkansas. She is the founding president and active member of the Central Arkansas Chapter of NARPM – the 2005 Chapter of the Year. On the national level, Betty serves as treasurer and editorial chair. 4 March 2006 Residential Resource Time Saving Techniques (cont. from front cover) by Dr. Donald E. Wetmore Run an Interruptions Log to identify and eliminate the wasteful interruptions. Just use a pad of paper and label it “Interruptions Log.” Create six columns: date, time, who, what, length, and rating. After each interruption is dealt with, log in the date and time it occurred, who brought it to you, a word or two about what it related to, the length of time it took, and finally the rating of its importance: A=crucial, B=important, C=little value, and D=no value. Run it for a week or more to get a good measure of what is happening in your life. Then, evaluate the results and take action to eliminate some of the C and D interruptions that have little or no value. DELEGATE IT We all have 168 hours each week and when you subtract 56 hours for sleep and another 10 hours for personal care, that does not leave a lot of time to get done what needs to be done. Delegation permits you to leverage your time through others and thereby increase your own results. The hardest part of delegation though, is simply letting go. We take great pride in doing things ourselves. “If you want a job done well, you better do it yourself.” Every night during your daily planning, look at all that you have to do and want to do the next day and with each item ask yourself, “Is this the best use of my time?” If it is, do it. If it is not, try to arrange a way to delegate it to someone else. There is a lot of difference between “I do it” and “It gets done.” memos, circulars, faxes, etc. A lot of time is wasted going through the same pile of paper day after day and correcting mistakes when things slip through the cracks. Try to handle the paper once and be done with it. If it is something that can be done in a minute or two, do it and be done. If it is not the best use of your time, delegate it. If it is going to take some time to complete, schedule ahead in your day calendar on the day you think you might get to it and then put it away. RUN A TIME LOG If you want to manage it, you have to measure it. A time log is a simple yet powerful tool to create a photo album sort-of overview of how your time is actually being spent during the day. Simply make an ongoing record of your time as you spend it. Record the activity, the time spent on it, and the rating using A, B, C, and D as described earlier. Some examples of how your time might be spent: made telephone calls, 35 minutes, A; made baskets, 48 minutes, A; attended meeting, 55 minutes, C; telephone call from Janis, D. Run this for a few days to get a good picture of how your time is being spent. Then analyze the information. Add up all the A, B, C, and D time. Most discover a lot of their time is being spent on C and D items that have little or no value. Finally, take action steps to reduce the C and D items to give you more time for the really important things in your life. Dr. Wetmore is an attorney, an entrepreneur having started over twenty-five businesses, and a member of the faculty at Mercy College’s MBA program in Dobbs Ferry, New York, where he has served as Assistant Professor of Business Law and Department Chair for the undergraduate and graduate divisions. He is the author of “Beat the Clock”, “Organizing Your Life”, “The Productivity Handbook” and over 100 published articles. He is frequently interviewed by major media including ABC Radio, The New York Times, and the Dallas Morning News. Dr. Wetmore has made over two-thousand public speaking presentations before more than 100,000 people from around the Globe, sharing his unique philosophy about the Time Management and Personal Productivity principles and tools he has created motivating his audiences to advance in their own lives. He has been a Professional Member of the National Speakers Association since 1989. Dr. Wetmore can be contacted by phone 203-386-8062/800-969-3773 or by email [email protected]. Visit www.balancetime.com for more information. MANAGE MEETING TIME A meeting is when two or more people get together to exchange common information. What could be simpler? Yet, it can be one of the biggest time wasters we must endure. Before a meeting ask, “Is it necessary?” and “Am I necessary?” If the answers to either are “no”, consider not having the meeting or excusing yourself from attending. Then prepare a written agenda for the meeting including times assigned for each item and starting and ending times. Circulate the written agenda among those who will be attending. There is no sense in holding a meeting by ambush. Let people know in advance what is to be discussed. HANDLE PAPER It is easy to get buried today in the blizzard of paperwork around us. The average person receives around 150 communications each day via email, telephone, hard mail, March 2006 Residential Resource 5 2006 NARPM National Leadership Rose G. Thomas PRESIDENT Fun Facts About Me Birthday: November 13 Years in real estate: 25 Favorites Flowers: Multi-colored Roses Color: Red Food: dark chocolate Music: Light Rock Hobbies: running, exercising, going to the spa, cooking. What is your favorite thing about the Real Estate Industry? Continuing to expand my knowledge each day from the interaction I have with my peers and colleagues from around the nation. Life accomplishments and career or life goals: To live every aspect of my life morally and ethically with integrity, particularly as a mother, wife, friend, and in my professional service to the Real Estate Management Industry. What is the main issue facing NARPM? Re-designing NARPM to better serve our membership. Sylvia L. Hill PRESIDENT-ELECT BYLAWS CHAIR FINANCE CHAIR STRATEGIC PLAN OVERSIGHT CHAIR Fun Facts About Me Birthday: February 15 Years in real estate: 12 Favorites Flower: Tea Rose Color: Blue Food & Drink: chips and Pepsi Music: Christian Soft Rock & Classical Hobbies: walking the beach, reading, and doing crossword puzzles. What is your favorite thing about the Real Estate Industry? I never stop learning. The laws, technology, and trends in the market are continually changing. It also allows me to make a difference in the lives of people as I help to mitigate the concerns of an elderly parent when they are turning over their home to have it rented out or to provide good tenants so a family can put their children through college. These relationships are built over years. It’s more than a business… 6 March 2006 Residential Resource Rose G. Thomas, MPM®, NARPM’s 2006 president, has been a member since 1995. Entering the Real Estate Industry in 1980 and licensed in 1981, Rose has been actively involved since. She has served NARPM in a variety of capacities, including Affiliate’s Committee member, Editorial Committee Chair, and Residential Resource editor. Additionally, she chaired the Baltimore National Convention in 2004, is a past president of the Maryland Suburban Chapter, and since 1999 has served on the Board of Directors as secretary, treasurer, vice-president, and president-elect. Rose Thomas founded Property Management People, Inc. (PMP) in 1980 and has served as president since 1981. PMP manages a variety of single-family houses, small multi-family units, townhouses, condominiums, warehouse space, and associations in Maryland, Virginia, and West Virginia. PMP employs approximately 40 staff members in three offices and two large-scale, on-site properties. Rose has also been an active member of several other volunteer organizations over the years, including the Arthritis Foundation, the Chamber of Commerce, the local Board of REALTORS® Legislative Committee, and has raised funds for Breast Cancer awareness. As an industry leader, she has taught “Independent Living” for the Frederick County Board of Education in the high school system and “Basic Property Management” in the local community college. She earned her Bachelor of Arts from Shepherd University, West Virginia, and works with her husband Ed, a partner in PMP. They have been married for 27 years and have two sons, Kyle and Chase. Sylvia Hill, MPM®, CPM® is the president of H.M.S. Development, Inc., CRMC®. She is a licensed real estate broker in California and has managed a wide range of investment properties, including single family homes, small apartment projects, small investment properties, and small office buildings. In addition to overseeing investment properties; she has helped owners accomplish 1031 exchanges to increase their cash flow and acted as both a buyer and seller’s agent. Active in real estate since 1993, Sylvia has presented property management at several different industry related events and has been a guest speaker for numerous professional organizations and is a NARPM instructor for designation classes. Sylvia is currently the president-elect for NARPM and serves as chair for the Finance Committee. She has held several positions with both the California State Chapter and the Santa Clara County Chapter of NARPM. She is a REALTOR® and a member of the IREM, the Chamber of Commerce, and other local real estate associations. Prior to becoming active in property management, Sylvia had a successful career at IBM. She held several management positions that included solving critical customer situations at the director’s level. This was good training for working with tenants, legal issues, and providing excellent customer service. Her problem solving skills, computer knowledge, and interpersonal skills have helped create the professional environment that you find at H.M.S. Development, Inc. Erika K. Green SECRETARY Fun Facts About Me Birthday: December 18 Years in real estate: 18 Favorites Flowers: Orchid & Calle Lily Colors: Red, Blue, Green Food: guacamole Music: almost anything Was teacher’s pet for: being funny Went to detention for: carving a message to a friend in a desktop. Hobbies: decorating, traveling, skiing, hiking, singing, and baking. What is the main issue facing NARPM? Adolescence. We are still a very young association needing guidance to grow and mature. Erika K. Green, MPM®, has been in the residential management industry since 1986. In 1991, she left multi-family for single-family management when she received her Texas real estate license and began working for Apartment Quest Locators. Seeing a need for professional property management, and not just leasing services, Erika launched a management services program for the company in late 1991 thus necessitating a company name change to Quest Property Services, Inc. She became the company’s principal broker in 1994 after earning her broker’s license and co-owner of the company in 2003. Joining NARPM in May 1994, Erika served various officer positions for the Fort Worth/ Mid-Cities Chapter of NARPM. Her national NARPM involvement includes: Membership Committee; Convention Committee; Long Range Planning Committee; Editorial Committee; and the National Director Board and Executive Committee. Erika has held the Residential Management Professional (RMP®, formerly PPM®) designation since 1997 and the Master Property Manager (MPM®) designation since 1999. She has other professional involvement including: the Tarrant County Real Estate Council (TCREC); the Texas Association of REALTORS® (TAR); and the Greater Fort Worth Association of REALTORS®. What do you think is the single best thing NARPM has done? Hired Organization Management Group (OMG) to manage NARPM instead of wearing out volunteers. Betty Fletcher TREASURER EDITORIAL CHAIR Fun Facts About Me Birthday: March 15 Years in real estate: 11 Favorites Flower: Rose Color: Red Food: chocolate Music: Country Hobbies: sewing, swimming, and water aerobics. What is your favorite thing about the Real Estate Industry? On good days it is the challenge of dealing with a variety of people. On the bad days it is the challenge of dealing with a variety of people. We are basically the shock absorber between the tenant and the owner. When it works well it can be awesome and when it doesn’t work well it can be horrid! Betty Fletcher, MPM® is owner and principal broker of Fletcher Property Management, Inc., CRMC® in Little Rock, Arkansas. Founded in January 2000 to manage residential rental property, Fletcher Property Management expanded into the sales area when Dave, Betty’s husband of 26 years, joined the company full-time in 2002. With a fulltime assistant they currently manage a portfolio of about 175 doors. Betty joined NARPM and attended the St Louis Annual Convention in September 1999 and saw enough potential that she has attended every national event since. She is the founding president and still-active member of the Central Arkansas Chapter – the 2005 Chapter of the Year! Embracing the educational opportunities offered, Betty earned the designation of RMP® in February 2001, MPM® in September 2002, and is proud that Fletcher Property Management is the first CRMC® in the state of Arkansas. On the national level, Betty served as chair of the Membership Committee in 2003 and 2004, serves as an RMP® mentor, completed a 2-year term on the Board of Directors, and will serve as your 2006 national treasurer. Betty has written and taught several presentations at national, state, regional, and local chapter meetings. What do you think is the single best thing NARPM is doing? Online education followed by hiring a management company that will allow us to grow without burning out our volunteers. March 2006 Residential Resource 7 2006 NARPM National Leadership (cont.) Marc Banner PAST PRESIDENT Fun Facts About Me Birthday: October 16 Years in real estate: 26 Favorites Color: Blue Food & Drink: nuts, root beer Music: Country Went to detention for: most everything Hobbies: hunting, skiing, sailing, traveling, scuba diving, and golfing. Life accomplishments and career or life goals: Six great children, three incredible grandchildren, a beautiful wife, a Masters Degree in Economics, tournament trapshooting champion (Western Zone singles champion in 1986), 2005 NARPM president. What do you think is the single best thing NARPM is doing? NARPM does many things very well. The networking opportunities that NARPM offers and the willingness of members to openly share techniques and ideas is by far the most beneficial feature. Greg A. Fedro DIRECTOR CERTIFICATION CHAIR Fun Facts About Me Birthday: February 28 Years in real estate: 16 Favorites Food: chocolate Music: anything but Rap Hobbies: boating, camping, folk guitar, massage, and teaching Hatha yoga. Life accomplishments and career or life goals: Finding balance between family, career, and personal time. What is the main issue facing NARPM? Continuity in providing member benefits and keeping member needs at the forefront of the Associations’s governance. What do you think is the single best thing NARPM is doing? Turning to an association management company with a determination to let them do their jobs without trying to micro-manage. 8 March 2006 Residential Resource Marc Banner, MPM® is the broker/president of Realty Management Associates, Inc. in Boise, Idaho. Marc holds a Master of Science Degree in Economics, Purdue University, 1978. Fresh out of school, Marc started his carrier in real estate sales and enjoyed much success. Realizing the potential in property management, Marc formed Realty Management Associates, Inc. in 1980 and has since developed an inventory of over 375 dwelling units, a large mobile home park, and two commercial properties. He currently owns a personal portfolio of 32 residential dwelling units and two commercial properties. Marc joined NARPM in December 1997 and has earned the RMP® and MPM® designations. Realty Management Associates, Inc. is currently a candidate for the CRMC® designation. Marc has served in several capacities at the national level: 2001 Affiliate Committee chair, 2002 Education Committee chair, 2003 Convention Committee chair, 2004 Strategic Plan Oversight Committee chair, 2004 Bylaws Committee chair and 2004 Finance Committee chair. Marc has served on the NARPM Board of Directors since 2000 and the Executive Committee since 2002. Marc is the founding member of the Southwest Idaho Chapter of NARPM where he has served as president and affiliate chair. Family is also a very important part of life. Beverly and Marc blended their families with six children and now have two granddaughters and one on the way. Two of the adult children are working in the family businesses. Greg A. Fedro, MPM® is the director of operations for Recar & Associates in Austin, Texas. Greg joined NARPM in 1996, served on the NARPM Austin Area Chapter Board from 1997-2001, and was the NARPM national certification chair 2001-2003. He is currently serving on the NARPM Board of Directors and will be the 2006 certification chair. Harold Kalles DIRECTOR WEBSITE CHAIR Fun Facts About Me Birthday: September 12 Years in real estate: 29 Favorites Color: Blue Food & Drink: cookies, Twinkies, and Diet Coke Music: 60’s and 70’s Rock Went to detention for: skipping school Hobbies: reading, cooking, and camping. Harold Kalles, MPM® was born and raised in the Puyallup Valley. He is currently the owner and broker of Kalles Properties, Inc. He has been doing real estate sales since 1977 and property management since 1980. He opened his own property management company and stopped doing sales in 2000. Kalles Properties, Inc. currently manages 300 single family properties. Harold serves as a director of the Board and website chair. He is also a past affiliate chair and trade show chair. He has been on the Convention Committee, Mid-Year Committee, Northwest Regional Committee, and served two years as the president of his local chapter. Life accomplishments and career or life goals: Raised two kids successfully, opened my own business, stayed married for 27 years. I’d like to make my office more independent so that I can walk away and not worry about it. What do you think is the single best thing NARPM is doing? Hiring the new management company (OMG) and as painful as it is for the Executive Committee and the Board, telling OMG that they have to be strong and to manage us instead of us managing them. By doing this it will truly move NARPM to the next level. Mary M. Love DIRECTOR Fun Facts About Me Birthday: April 12 Years in real estate: 27 Favorites Flower: Rose Color: Yellow Food & Drink: guacamole, tortilla chips, and Sobe Music: Soft Jazz Was teacher’s pet for: being conscientious Hobbies: reading and sailing Mary M. Love, MPM® became a REALTOR® in 1978. She worked in sales until deciding to open her own property management business in 1989. She has never looked back nor regreted it. In 1997, she found NARPM. Mary has found that NARPM has become a group of people that she can respect and feel comfortable in giving referrals to. It has been an arena for good education. She has continued to serve her local Board as well as her state Board in many different capacitites. Mary is very grateful for NARPM and enjoys sharing it with anyone she can. Life accomplishments and career or life goals: To be a good mother and wife and to run a successful office where honesty and forthrightness is foremost while still being profitable. What do you think is the single best thing NARPM is doing? High level of professionalism through education, certification, and being an arena where professionals can meet and work on solutions to common problems. March 2006 Residential Resource 9 2006 NARPM National Leadership (cont.) Peter C. Meer DIRECTOR EDUCATION CHAIR Fun Facts About Me Birthday: November 18 Years in real estate: 25 Favorites Color: Red Music: Paul Simon Hobbies: HAM radio operator, climbing 14,000 foot mountains, and tennis. Peter Meer, MPM® has lived in Denver all his life. He met his future wife in high school. Peter went to college at the University of Colorado and received his MBA at San Francisco State University. He taught at the Community College of Denver for seven years. After that, Peter started his own property management business in 1981. He has two boys, ages 19 and 23. Peter got involved in NARPM in 1992 and has been doing something at the local or national level ever since. He was the Denver chapter president for three years during the last 13 years of its existence. He has served on the Board of Directors for six years, as well as having been a member of almost all of the various committees. NARPM is a great organization and it has been Peter’s privilege to lend a helping hand. What is the main issue facing NARPM? There are several: growing the membership is critical, improving our development of volunteer leaders at both local and national level, helping to create stronger chapters, bringing membership benefits directly to our members at the local level. What do you think is the single best thing NARPM is doing? We do many things well. Education is probably our standout benefit for the membership. Fred Thompson DIRECTOR Fun Facts About Me Birthday: January 26 Years in real estate: 18 Favorites Color: Red, Orange, Yellow Drink: ice tea Music: Jazz Hobbies: working out, gardening, cooking, entertaining friends and neighbors, cooking, throwing dinner and cocktail parties. Life accomplishments and career or life goals: Ownership of my business, traveling, and helping to improve our world. What is the main issue facing NARPM? Membership growth and retention. What do you think is the single best thing NARPM is doing? Educate the residential property managers. 10 March 2006 Residential Resource Fred Thompson, RMP® started his real estate career specializing in residential property management in 1988. After working for a broker he decided to go independent with RE/MAX 200 Realty in 1998 and started the RE/MAX 200 Realty property management division. Fred has a staff of three full-time property managers, a full-time bookkeeper, and a full-time assistant. He and his staff currently manage 340 single-family homes with an average rental value of just over $1100 per month, most of which are located in northeast and southeast Orlando. Fred has been very active with the National Association of Residential Property Managers (NARPM) and the Florida Association of Residential Property Managers (FARPM). Fred joined NARPM in 1995 as a founding member of the Orlando Chapter and has served as membership chair, first vice president, president-elect, president, and past president. Fred achieved his Residential Management Professional designation (RMP®) in 1997. On a state level, Fred was a founding member of FARPM and has served as membership chair, vice president, president-elect, president, and past president. Fred has also attended many national and state conventions since 1996, as well as several mid-year conventions for NARPM, to stay abreast of current trends in the residential property management arena. Susan Albern MEMBERSHIP COMMITTEE Fun Facts About Me Birthday: June 20 Years in real estate: 20 Favorites Flower: Columbine Color: Purple Food & Drink: chocolate and iced tea Music: Classical, Folk, and Rock Went to detention for: smoking and ditching class Hobbies: hiking, backpacking, scuba diving, pottery, writing, reading, and napping. What is your favorite thing about the Real Estate Industry? There is opportunity everywhere you look. Just listen to what a prospective customer needs/wants, there is usaully a way to make it work. Being self-employed is the best because you can be creative. Susan Albern, MPM® is the president of Rocky Mountain Property Management, Inc., CRMC® and, with a team of 15, manages 600 rental units and nearly 2,000 homes in 19 homeowners associations in the Northern Colorado area. She is presently the national membership chair for the National Association of Residential Property Managers (NARPM) and has served in several leadership capacities of the Northern Colorado Chapter since 2000. Susan is also a member of the Community Associations Institute (CAI). She began in real estate sales in 1985 in upstate New York and has worked in property management since 1995. Susan earned her Bachelor’s Degree in Business Administration and completed nearly all of the coursework for a Master’s Degree before property management captivated her interest. She is a Master Property Manager (MPM®), a designation awarded by NARPM and her company has received the Certified Residential Management Company (CRMC®) designation in 2005, a designation held by only 20 management firms nationwide. Susan has also led several property management workshops locally and nationally and is a recognized instructor by the Real Estate Commission in the state of Colorado. What do you think is the single best thing NARPM is doing? Recruiting volunteers who will never give up! Eddie Davis 2006 LEADERSHIP SYMPOSIUM COMMITTEE Fun Facts About Me “Fast” Eddie Davis, MPM® has been licensed as a Texas REALTOR® since 1988. He has served on the local Board of REALTORS® Leasing & Property Management Committee since 1993. Eddie holds the Master Property Manager (MPM®) designation, received in Orlando in 1997. He now serves on the National Membership Committee and the 2006 Leadership Symposim Committee. Birthday: July 7 Years in real estate: 19 Favorites Color: Red Food & Drink: potato chips and Diet Cherry Vanilla Dr. Pepper Music: Paul McCartney Hobbies: golf and attending various sporting events. What is your favorite thing about the Real Estate Industry? Every day is different, no two days are the same. What is the main issue facing NARPM? Cultivating new leaders. What do you think is the single best thing NARPM is doing? Educating property managers at the highest level. March 2006 Residential Resource 11 2006 NARPM National Leadership (cont.) Wendell Davis CONVENTION COMMITTEE Fun Facts About Me Birthday: October 18 Years in real estate: 18 Favorites Color: Red Food & Drink: chocolate, Coke Music: Country Was teacher’s pet for: being helpful Hobbies: golfing & working. What is your favorite thing about the Real Estate Industry? Helping others, pride of accomplishment, can affect legislation for the good of all people, making money, some ability to volunteer in the community. Wendell Davis, MPM® is the regional vice president of Watson Realty Property Management. Watson Realty is one of the 15 largest independent real estate firms in the U.S. in sales. The PM division is made of 20 branch offices in two states, with over 3800 units under management. Wendell is the founder and president of Watson Maintenance Services which will exceed over five million dollars in sales volume, in this, its seventh year of operation. Wendell is active in NARPM and in the REALTORS® Association. He has served on the NARPM Board of Directors as secretary and treasurer. With the REALTORS®, Wendell serves on the national Board of Directors, several committees, and served as one of four state officers for the Florida Association of REALTORS®, with a membership in excess of 150,000 members in 2005. Wendell is also active in his church and local community. He has been married to Jackie for 41 years and they have three grown children. What is the main issue facing NARPM? How to transition from a “club” mentality to a true national organization. The education area needs to grow and expand to meet the needs of members of all types across the country. Chris Hermanski LONG RANGE COMMITTEE Fun Facts About Me Birthday: July 19 Years in real estate: 25 Favorites Color: Blue Food & Drink: cookies, chips, and Diet Coke Music: The Eagles Went to detention for: disruptive tricks Hobbies: NBA fan, horses, and golf. Life accomplishments and career or life goals: To do a good job raising my four kids, being balanced, always having fun, and trying new things. What is the main issue facing NARPM? Membership growth and providing quality benefits to the members. What do you think is the single best thing NARPM is doing? Great workshops and conventions. 12 March 2006 Residential Resource Christopher Hermanski, MPM® is owner and founder of Mainlander Property Management, CRMC® in Lake Oswego, Oregon. His portfolio consists of a majority of single-family homes, duplexes, small apartments, and few commercial offices. Chris is a past & current chapter president of the Greater Portland Chapter of NARPM. He has been a member of NARPM since 1994 and has earned his RMP® and MPM® designations and helped guide his company to its CRMC® designation. Chris has served on and chaired various NARPM committees such as: legislative, marketing, finance, nominations, bylaws, website, long range, and membership. Chris has also served as the convention chair for the Kansas City Convention in November of 2001. Chris has served on the Board of Directors from 1997-2004, and the Executive Committee from 19982004. He currently serves as chair of the Long Range Committee. Chris is a native of southern California; he resides in Lake Oswego, Oregon with his wife, Kathi, and two of their four children. Mark Kreditor PROFESSIONAL STANDARDS COMMITTEE Fun Facts About Me Birthday: November 10 Years in real estate: 25 Favorites Color: Blue Food & Drink: ice cream and Diet Coke Music: all the standards Was teacher’s pet for: selling them sneakers Went to detention for: selling them sneakers Hobbies: running marathons, playing professional Jazz piano. Mark Kreditor, MPM® was born in Hicksville, NY. He recieved his BS in Marketing from Northeastern University and his Marketing Certification from JMU. Mark started his own company, Get There First, in 1981 and currently manages over 1000 properties. The main focus of his business is non-management reserve. Mark is a NARPM past president 1997-1998. Mark enoys running a self-sufficient business so he can spend time with his wife and two daughters. He also travels the country giving lectures on 20th century songwriters and loves to play the piano and entertain. He served on many community boards in Dallas and enjoys raising money for these organizations. Life accomplishments and career or life goals: To teach 20th centry music in a school when I retire. What is the main issue facing NARPM? National recongition and respect. What do you think is the single best thing NARPM is doing? Making better property managers out of each of us. Kandy Meehan AFFILIATE COMMITTEE Fun Facts About Me Birthday: March 17 Years in real estate: 26 Favorites Flower: Red Rose Colors: Green and Purple Food & Drink: Dove Chocolate and Coke (it’s the real thing!) Music: various, from Anna Nalick to ZZ Top Was teacher’s pet for: good grades Hobbies: reading, gardening, collecting and consuming Cabernet. Kandy Meehan, RMP® opened Home Rental Services (HRS) almost 20 years ago. Before starting HRS, she sold real estate, taught at the State University College of New York at Buffalo, and taught at Benedictine College in Atchison Kansas right out of grad school. Kandy holds a Masters and Bachelors degree with honors from Kansas State University. Kandy is now happily married, but was a single mom for eight years to her two children, whom she is unbelievably proud of. What is your favorite thing about the Real Estate Industry? Unending variety What is the main issue facing NARPM? Managing growth. What do you think is the single best thing NARPM is doing? Annual conventions, anything that brings us together on a one-onone basis. March 2006 Residential Resource 13 2006 NARPM National Leadership (cont.) Jim W. Reimer LEGISLATIVE COMMITTEE Fun Facts About Me Birthday: May 23 Years in real estate: 20 Favorites Color: Blue Food: peanuts and popcorn Music: Oldies and late 60’s Hobbies: collecting baseball cards and older sports memorabillia. Jim Reimer, MPM® entered the property management industry in 1987 and formed Management One, Inc. in Boise, Idaho in 1991. The firm manages a variety of residential homes including: single-family, small multi-family, town homes, and condominiums. His firm also handles association management and management of commercial office complex. He joined NARPM in 1998 and has served the association in a variety of capacities including Affiliate Committee chair and 2005 Legislative Committee chair. He also served on the Board of Directors Nomination Committee for the past theree years. Jim is a member and past president of the Southwest Idaho Chapter of NARPM. Jim has been an active member in several other organizations throughout the years including IREM, the Apartment Owners Association, and the Chamber of Commerce. What is your favorite thing about the Real Estate Industry? Learning, education, networking, and meeting other people in the industry. Life accomplishments and career or life goals: Being married for over 18 years to a very loving wife that allows me to accomplish my goals and career, giving me 100% of her support. What is the single best thing NARPM is doing? Networking with other property managers around the country Robert Winger MARKETING COMMITTEE Fun Facts About Me Birthday: August 29 Years in real estate: 32 Favorites Color: Blue Food & Drink: Cheese-its & Diet Coke Music: Classical Hobbies: avid collector of slot, gumball, and peanut machines, and art by local artists. What is your favorite thing about the Real Estate Industry? NARPM and its members! Life accomplishments and career or life goals: To run a successful property management company with a staff capable of running the business in my absence. What is the main issue facing NARPM? Membership and marketing recongition of NARPM as a premier organization for small property management firms. 14 March 2006 Residential Resource Robert Winger, MPM® is a manager of Whisler Land Company Property Management and has owned and managed investment property in Midtown Sacramento for over 30 years. Born and raised in Sacramento, Robert currently lives in the Midtown area and is an active member of several neighborhood groups including Winn Park Capitol Avenue Neighborhood Association, Boulevard Park Neighborhood Association, and the Neighborhood Association Advisory Group. Robert holds memberships in professional organizations including the National Association of Residential Property Managers (NARPM) and the Rental Housing Association. He has achieved NARPM’s RMP® (formerly PPM®) and MPM® designations, is past president of his local NARPM chapter, and is extremely active at the national level of NARPM. Robert is also a member of the Sacramento Association of REALTORS®. Legislative Source by Jim Reimer, MPM® New Life for Small Business Health Plans for particular kinds of treatments. A key senator is trying to break a decade-long logjam of legislation that would allow small businesses to band together across state lines to buy group health insurance at cheaper rates. Senator Enzi’s proposal seeks a middle ground. His bill would not allow the plans to self-insure. This is an attempt to quiet opposition from Anthem Blue Cross Blue Shield plans, which fear losing significant business to self-insured associations and have been effective in opposing them. by Martha Lynn Craver The compromise proposed by Senator Mike Enzi, chairman of the Senate Health, Education, Labor, and Pensions (HELP) Committee, has given backers of the idea their first glimmer of encouragement in years, but passage is far from assured. Although the House has passed so-called association health plans eight times, opposition from state insurance commisioners, consumer groups, and Anthem Blue Cross Blue Shield plans have killed the idea in the Senate. “There’s no political will in the Senate to pass the House version. I’m not sure we could even get it out of committee. Senator Enzi’s bill is an attempt to provide many of the market benefits to small businesses without stirring up all the objections to previous bills,” says a Republican Senate committee staffer. Small businesses have been pushing for this legislation for ten years. As health care costs have spiraled, small businesses have been the hardest hit. It is not unusual for some small firms to see premium hikes of 20% to 30% from year to year. As a consequence, many small employers have dropped out of the health care marketplace. According to a recent survey by the Kaiser Family Foundation, the percentage of small firms offering health benefits to their workers has dropped from 68% in 2002 to 59% in 2005. Looked at another way, nearly half of all uninsured adults work for companies with fewer than 25 employees. If small businesses were allowed to band together across state lines, they would have more buying clout and would pay lower rates for health insurance, say supporters. “Never before has there been a more urgent need to encourage market reforms like those proposed in this bill,” Senator Enzi says. Previous versions of the legislation not only would have allowed small firms to join together across state lines but also would have permitted those associations to self-insure. By self-insuring, they could avoid state rules, which vary widely from state to state on everything from technical insurance regulations to requirements Under Senator Enzi’s proposal, association health plans would be subject to state mandates only if at least 45 states had the same requirement. For example, chiropractic care would not have to be covered if only 44 states ordered it. Business groups are concerned that the 45-state threshold could trigger a fight in states where a mandate does not yet exist. “If there’s a mandate in 40 states, it could prompt an effort to get the mandate approved in five other states in order to meet the threshold,” says Neil Trautwein, assistant vice president of the National Association of Manufacturers. Senator Enzi’s bill also would give the Department of Health and Human Services two years to develop more uniform standards the states would have to meet. However, state insurance commissioners are expected to resist any move by the federal government to impose uniform standards. “But the current hodgepodge of rules is expensive and discourages insurers from participating in small markets,” says Amanda Austin of the National Federation of Independent Business. She expects them to relax their opposition as pressure mounts on them to deal with the growing number of uninsured in their states. “If done right, these reforms should encourage insurance companies to return to markets they left, increasing competition and lowering costs,” Austin says. It is expected that Senator Enzi’s bill, which is being co-sponsored by Senator Ben Nelson, will be marked up in the HELP Committee either before Congress adjourns for 2005 or as the first order of business in 2006. Jim Reimer, MPM® is president of Management One, Inc. His company has been specializing in managing single-family homes for over seventeen years. He is a past president and active member of the Southwest Idaho Chapter. He was NARPM national affiliate chair in 2004 and is currently serving as legislative chair for 2005-2006. Jim can be contacted at [email protected]. Did You Know??? A new law requires all firms that operate in California and have 50 or more employees or independent contractors to provide sexual harassment training for all supervisors by January 1, 2006. The California Fair Employment and Housing Act, signed into law September 30, 2004, requires two hours of qualifying training every two years. To qualify, the training must: (1) cover state and federal laws; (2) be “effective” and “interactive”; (3) provide practical information and guidance; (4) explain preventative and corrective measures; (5) include practical examples; and (6) describe remedies available to sexual harassment victims. Training must be taught by those with specific knowlege and expertise in this area. Online training may satisfy the requirements. Coverage under the law is quite inclusive. Companies may be covered even if they are not headquartered in California and employee counts should include fulltime, part-time, and temporary employees. A copy of the statute is available at: www.ca-osha.com/pdfpubs/ sexualharassmentAR1825.pdf March 2006 Residential Resource 15 Spread the Knowledge at NARPM’s 18th Annual Convention & Trade Show September 27 – 30, 2006 Burlington, Vermont Featuring: Professional Guest Speakers General Sessions Workshop Breakout Sessions Various Educational Tracks RMP® and MPM® Designation Classes Networking and a whole lot more! Convention Brochures Coming in June 2006 Early Bird Registration Fee of ONLY $395.00 Hotel: Sheraton Burlington Hotel & Conference Center, 870 Williston Road, South Burlington, Vermont 05403, www.sheratonburlington.com. Discount convention rate $139 (single/double/triple/quad). Call 800-325-3535, to book reservations prior to September 1, 2006. Mention NARPM to receive the discounted hotel rate. The Sheraton Burlington is the most highly awarded Sheraton in North America. Conveniently located in one of the most beautiful locales in America, Burlington, Vermont, the hotel is just 5 minutes from Burlington International Airport, 15 minutes from the Amtrak station and a scenic drive from many cities in the northeast corridor. For additional information contact NARPM at 800-782-3452. 16 March 2006 Residential Resource RENTCLICKS 2006 OFFICIAL NARPM PARTNER It is truly an honor for us to be selected as We take pride in providing faster rentals, the 2005 NARPM Affiliate of the Year. better reach and tremendous savings to our Over the years, we have worked hard to property manager partners. provide outstanding results for our clients, while continuing to uphold the NARPM Need better results? Give RentClicks a try. Once you place vacancies on RentClicks, standard of excellence. you will immediately notice the difference This affiliate of the year designation is a guaranteed! We are #1 for a reason! testament to the quality of our service and Contact us today at 888-501-RENT or visit the power of the RentClicks brand. us online at www.rentclicks.com. CHOOSE WISELY. LIST YOUR VACANCIES WITH THE PROVEN ONLINE SOURCE FOR SINGLE-FAMILY RENTAL HOMES. No Hidden Charges. Just Visible Results. 888.501.RENT . W W W. R E N TC L I C K S. C O M March 2006 Residential Resource 17 Ten Tax Savvy Tips for the New Year Reprinted with permission, http://www.turbotax.com/articles It is not too late to take steps to lower your taxes for last year. If you think your tax bill is chiseled in stone at the end of the year, think again. It is true that many money-saving options evaporate by January 1; on New Year’s Day your options to defer income or accelerate deductions become much more limited. But there is a lot you can do to make the tax-filing season cheaper and easier. Some strategies can help you lower your taxes, sometimes by thousands of dollars. Some save time and money when you are preparing your tax return. Other strategies help you avoid costly penalties and interest for both federal and state taxes. All in all, these 10 steps will lower your blood pressure while keeping money in your pocket. CONTRIBUTE TO RETIREMENT If you haven’t already funded your retirement account, do so by April 15. That is the deadline for any kind of IRA, deductible or not. If you have a Keogh or SEP, though, and you get an extension, you can wait until your extension deadline to put money into those accounts. Making a deductible contribution will help you lower your tax bill this year. Plus, your contributions will compound tax-deferred. It is hard to find a better deal. If you put away $4,000 a year for 20 years in an investment with a 10 percent return, your $80,000 contribution will grow to $252,000. The same investment in a taxable account would grow to only $186,000. To qualify for the full annual IRA deduction in 2005, you must either 1) not be eligible to participate in a company retirement plan, or 2) have adjusted gross income of less than $50,000 for singles or $70,000 for married couples filing jointly. If you are not eligible for a company plan but your spouse is, your traditional IRA contribution is fully deductible only if your combined gross income is less than $150,000. In 2005, the maximum IRA contribution you can make is $4,000 ($4,500 if you’ll be age 50 or older by the end of the year). For self-employed persons, the maximum annual addition to SEPs and Keoghs was increased to $42,000. A non-deductible Roth IRA contribution can 18 also be valuable, because you pay no taxes when you eventually withdraw the money. With enough time, your investment will outpace even the traditional IRA. To contribute the full $4,000 to a Roth IRA, you must earn less than $95,000 a year if you are single or $150,000 a year if you are married. Savings: Your savings will vary. If you are in the 25 percent tax bracket and make a deductible IRA contribution of $4,000, you will save $1,000 in taxes the first year. Over time you will save thousands, depending on your contribution, income tax bracket, and number of years you keep the money invested. MAKE A LAST MINUTE PAYMENT If you did not pay enough to the feds during the year, you may have a big tax bill staring you in the face. Plus, you might owe significant interest and penalties, too. How could that happen? Withholding on your paycheck may be out of whack, or you may have received a big gain from selling stock. According to IRS rules, you must pay 100 percent of last year’s tax liability or 90 percent of this year’s. If you made more than $150,000, you have to pay more than 110 percent of last year’s tax liability to be protected from penalties. If your tax payments were a bit light, you may be stuck. You can erase any penalties and interest for the fourth quarter by making an estimated payment by January 17. The IRS, however, will assume that you should have made estimated payments all year long. If so, you will be charged some penalties and interest for earlier quarters, if you did not send in any estimated payments back then. But if your income windfall arrived in the fall, you can file Form 2210, Underpayment of Estimated Tax, to annualize your estimated tax liability and possibly reduce any extra charges. A note of caution: Try not to pay too much. It is better to owe the government a little rather than to expect a refund. After all, the IRS charges around seven percent interest on underpayments, which is better than the average credit card. But the IRS does not give you a dime when it borrows your money. Savings: Interest and penalties on tax underpayments. March 2006 Residential Resource ORGANIZE YOUR RECORDS Good organization may not cut your taxes. But there are other rewards, and some of them are financial. For many, the biggest hassle at tax time is getting all of the documentation together. This includes last year’s tax forms, this year’s W-2s and 1099s, receipts, and so on. If you really want to make tax season go smoothly, use a program like Quicken throughout the year so you have easy access to all the information you need. Weary of clients who dump piles of paper into grocery bags, tax preparers are the first to urge people to get their records in order. “I would rather help in another way such as doing tax planning for the next year,” said Bob Doyle, a CPA and personal financial specialist in St. Petersburg, Florida. “That would benefit my clients to a much greater extent.” How do you get started? • Keep all the information that comes in the mail in January, such as W-2s, 1099s, and mortgage interest statements. Be careful not to throw any taxrelated documents out even if they don’t look very important. • Collect receipts and information that you have piled up during the year. • Group similar documents together, putting them in different file folders if there are enough papers. • Enter the amounts from all these documents into a computer program like Quicken for quick totals and make a printout for your tax preparer. • Make sure you know the price you paid for any stocks or funds you have sold. If you do not, call your broker before you start to prepare your tax return. Know the details on income from rental properties. Do not assume that your tax-free municipal bonds are completely free of taxes. Having this type of information at your fingertips will save you another trip through your files. Savings: $300 to $400 with your financial advisor and hours of your time right off the bat. Plus, you are likely to sail through an audit with fewer assessments and penalties if you have documentation on hand. FIND THE RIGHT FORMS You will not find all of them at the post office and library. Instead, you can go right to the source online. View and download a large catalog of forms and publications at the Internal Revenue Service’s website (www.irs. gov) or have them sent to you by mail. You can search for documents by number or date back to 1990. The IRS also will refer you to a private site that lists state government sites where you can pick up state forms and publications. Savings: Hours of your time and the hassle of running around town. ITEMIZE It is easier to take the standard deduction, but you may save a bundle if you itemize, especially if you are self-employed, own a home, or live in a high-tax area. It is worth the bother when your qualified expenses add up to more than the 2005 standard deduction of $5,000 for singles and $10,000 for married couples filing jointly. Many deductions are well known, such as ones for mortgage interest and charitable gifts. Taxpayers, however, sometimes overlook miscellaneous expenses, which are deductible if they tally up to more than two percent of adjusted gross income when they are combined. These deductions include tax-preparation fees, job-hunting expenses, business car expenses, and professional dues. In 2005, sales tax paid is deductible if it is greater than the amount of state and local income tax paid. IRS tables give you a certain amount to claim for sales taxes paid, based on your income and household size. Keep your receipts all year and compare the total sales tax paid to the table amount and claim whichever is greater. Even if you claim the sales tax amount from the IRS tables, you can also claim sales tax paid on vehicles or boats purchased during the year. If you live in a state with a high income tax like California or New York, you will probably be better off claiming a deduction for state and local income tax rather than sales tax paid. If you are a resident of a state with no income tax at all, like Washington, Texas or Florida, the sales tax deduction can save you a lot of tax dollars when you itemize. You can also deduct the portion of medical expenses that exceed 7.5 percent of your adjusted gross income. See Medical Expenses Checklist. Savings: Potentially thousands of dollars. CONSIDER A HOME OFFICE DEDUCTION The rules were loosened in 1999 so that people who did not qualify for the homeoffice deduction in previous years can now take the deduction. People who have no fixed location for their businesses can claim a home-office deduction if they use the space for administrative or management activities. Doctors, for example, who consult at various hospitals or plumbers who make house calls can now qualify. As always, you must use the space exclusively for business. Many taxpayers have avoided the home-office deduction because it has been regarded as a red flag for an audit. If you legitimately qualify for the deduction, however, there should be no problem. You are entitled to write off expenses that are associated with the portion of your home where you exclusively conduct business (such as rent, utilities, insurance, and housekeeping). A middle-class taxpayer who uses a home office and pays $1,000 a month for a two-bedroom apartment could easily save $1,000 in taxes a year. People in higher tax brackets with greater expenses can save even more. There is a tax trap here, however. If you own your home, you may have to pay taxes on part of the capital gains when you sell. It pays to run the numbers before taking the deduction. Savings: A typical deduction easily can run into thousands of dollars. ---continued on page 20 March 2006 Residential Resource 19 Ten Tax Savvy Tips for the New Year (cont.) Reprinted with permission, http://www.turbotax.com/articles PROVIDE DEPENDENT TAXPAYER IDS On your return, plug in Taxpayer Identification Numbers (usually social security numbers) for your children and other dependents. Otherwise, the IRS can deny the personal exemption of $3,200 for each dependent and the $1,000 child tax credit for each child under age 17. Be especially careful if you are divorced. Only one of you can claim your children as dependents, and the IRS has been checking closely lately to make sure spouses aren’t both using their children as a deduction. Of course, if you make enough money, the benefits disappear anyway. The 2005 phase-out range for the personal exemption begins at $218,950 for married couples filing jointly and at $182,450 for heads of households. The $1,000 child tax credit begins to phase out at $110,000 for married couples filing jointly and at $75,000 for heads of households. After you have a baby, be sure to file for a social security card right away so that you have the number at tax time. Savings: Hundreds, possibly thousands, of dollars, depending on the number of dependents and your income. FILE AND PAY ON TIME Actually, you only need to pay on time. The IRS does not really care when you file, as long as you fill out extension Form 4868. Starting with the 2005 tax year, Form 4868 extends the filing deadline to October 15. (In 2006, the deadline date falls on a Sunday; therefore, the deadline is October 16 for this year only.) If you still owe money after Tax Day, the IRS will charge you around 7 percent annual interest as well as a half percent penalty per month. If you did not extend, the IRS also will slap you with a steep late filing penalty of 4.5 percent per month, which tops out at 25 percent. Savings: Interest and penalties. FILE ELECTRONICALLY Electronic filing works best if you expect a refund. Because the IRS processes electronic returns faster than paper ones, you can expect to get your refund three to six weeks earlier. If you have all your documents in order, go ahead and file electronically in mid-January using software like one of the TurboTax programs. If you have your refund deposited directly into your bank account, you will wait even less time. There are other advantages besides a fast refund. The IRS checks your return to make sure that it is complete, which increases your chances of filing an accurate return. Less than one percent of electronic returns have errors, compared with 20 percent of paper returns. The IRS also acknowledges that it received your return, a courtesy you do not get even if you send your paper return by certified mail. That means you protect yourself from the interest and penalties that accrue if your paper return gets lost. 20 March 2006 Residential Resource If you owe money, you can file electronically and then wait until the federal tax filing deadline to send in a check along with Form 1040-V. You may be able to pay with a credit card or through a direct debit. • • With a credit card, expect to pay a service charge of as much as 2.5 percent. With direct debit, you may delay the debiting of your bank account until the actual filing deadline. Savings: Peace of mind. DECIDE IF YOU NEED HELP Products like TurboTax or TurboTax Online can handle the most complex returns with ease (and allow you to file your taxes electronically for a faster refund). But you may feel uncomfortable doing your taxes on your own, especially when they are complicated enough to require the 1040 long form and some additional schedules. If so, you might want to take advantage of the additional services you can purchase when preparing your return with TurboTax. You can talk to a tax professional with the Live Tax Advice service, have your return reviewed by a professional, or purchase Audit Defense so that you are professionally represented in the event of an audit. If you are concerned about preparing your own return, these services will give you added confidence and peace of mind. Savings: At least the price of admission. Mark Your Calendars! March 9-12, 2006 NW Regional Conference Seattle, WA April 2006 Virginia State Conference April 19-20, 2006 California State Conference Sonoma, CA FOR RENT! Sedona, Arizona 2 Bedroom, 2 Bath Timeshare Sleeps 6 Close to the Grand Canyon Available: 6/16/06-6/23/06 $2,200.00 Call Tracy (323) 819-6527 Maintenance 101 by Sally Goss, RMP® Do your tenants keep calling to say that their light bulbs are burning out? According to David Furman of Furman Electric Company in Sherwood, Arkansas, there is an easy solution that does not require an electrician to pay a visit to the property. David tells us that if light bulbs need to be replaced all the time, it may be the type of bulbs you are buying. Light bulbs that are purchased at hardware stores or places like Home Depot, Lowes, or your friendly neighborhood supermarket are very inexpensive. However, in this case, inexpensive translates into “cheap.” These bulbs are generally rated for only 120 volts. WHAT YOU NEED TO DO Look at the end of your bulb, it will tell you how many watts and volts the bulb is rated for. The power company provides power to you at 120-240 volts. This voltage is usually correct, however, a 10% error margin is allowed. Simple math tells us that adding 10% to 120 volts is 132 volts. That means 132 volts is going through a 120 volt bulb! With normal usage each day, the light bulb will not last very long. There are several easy solutions to your light bulb voltage problem: • • Buy bulbs that are rated for 130 volts, which can be purchased at electrical supply stores. Buy compact florescent bulbs, which can be purchased at all of your easy to find places. Both of these bulbs cost a little more up front, but will save you money in the long run. A florescent bulb will save more because of the low wattage use. A 13 watt compact florescent bulb will give off 60 watts of light. Plus, it will burn longer whether is is getting 105 volts or 132 volts. THE BOTTOM LINE A little extra upfront light bulb expense will save you time and money in the long run. Sally Goss, RMP® is the Owner and Principal Broker of Goss Management and Realty in Little Rock, Arkansas. She is a member of the National Association of Women Business Owners, an active member and Past President of the NARPM Central Arkansas Chapter and currently serves on the Editorial Committee. Help in Building the Future of NARPM! “Fly The Friendly Skies” -United Airlines “When You Care Enough To Send The Very Best” -Hallmark “The Voice For Real Estate” -National Assciation of REALTORS® NARPM needs a tag line and we want YOU to submit ideas! Come up with a broad theme that excites and works for multiple audiences (landlords, tenants, property managers, etc.) This is not a mission statement so be creative! The tag lines will be judged by a committee and the winning tag line will be presented at the 2006 Convention in Burlington, Vermont. The winner will receive $500 NARPM dollars to be used any way they choose - on classes, merchandise, conventions, membership dues, etc. All entries MUST BE received by June 1, 2006. There is no limit to the number of entries per person so send in as many as you like to [email protected]. March 2006 Residential Resource 21 Strong Chapter Tip #11 - Excellent resources are available Use the Resources that are available to the Chapter Leaders from the Membership Committee. Those who attended the National Leadership Symposium in January were given the new and improved “2006 Chapter Leader Resource Guide”. This invaluable tool for Chapter Presidents and other leaders is a wealth of useful information to get your chapter up and running, to revitalize a stagnant chapter, or simply to keep a strong chapter on track and operating smoothly from month-to-month and year-to-year. In one easy-reference guide you can learn how to: start a chapter; incorporate; create by-laws; elect and install officers and directors; plan and run meetings; make and send announcements, agendas and newsletters; raise funds for your chapter; start an affiliate program; recruit members; promote your chapter; sponsor a CE course; get ideas for meeting topics; give recognition and awards to members; and work your way to Chapter Excellence! All this is included and much more! If you are in charge of any of the above activities of your chapter and do not have a copy of this book, ask the President or any representative of the chapter who attended the meeting in Dallas to pass it along to you, or to make copies of the section that applies to your responsibility. If you cannot find it, call Headquarters and request a copy. Use of this resource and the others available to you on the NARPM Web Site make it easy to have a strong, viable chapter that your members will be proud to be a part of. The Search is ON! Now you can play a part in preserving NARPM’s history! We are trying to compile complete sets (by year) of past Residential Resource issues. If you have one of the missing issues of the Residential Resource, please contact Betty Fletcher, MPM® at 501-907-7091 x101 or send an email to [email protected]. Please make sure that the issues are original copies in a good, unmarked condition. Thank you for your assistance! (X marks the issues that are missing or are in poor condition: xeroxed and/or hole punched) Jan 1989 --1990 X 1991 1992 X 1993 1994 22 Feb X X X X X Mar X X X X X Apr X X X X X May X X X X Jun X X X March 2006 Residential Resource Jul X X X X Aug X X X X/Sept Sep /Oct X X X X Sept Nov X X X Dec X X X Enough Is Enough by Robert L. Cain, Copyright © 2006 Cain Publications, Inc. Here is a New Year’s resolution you may not have thought about. Create rental policies and standards for existing tenants, based on the property and the type of tenants it usually attracts. Then you will know for sure when it is time to keep one or give one the boot. How do you know when it is time to get rid of a tenant? Obvious motivations include dealing drugs, tearing up the unit, and not paying the rent for three months. Somewhere along the continuum from the ideal tenant who pays the rent on time, takes pride in his or her home, and is a good neighbor to the opposite end, is the spot where you say, “enough is enough.” Where that spot is, the line that a bad tenant has crossed, is different for every landlord, every property, and every market. But there is a clearly defined spot. Do you know where it is for you? How would you know? If you have rental standards that applicants must meet before they can be considered for tenancy, that is a good place to start looking for criteria opposed to when a tenant has earned booting out. Would you accept an applicant whose previous landlord reported that he or she had been late with the rent three times in a year? Would you accept an applicant whose previous landlord reported that he had harassed other tenants? Would you accept a tenant whose previous landlord reported she had wild parties every weekend? Maybe the number of times late with the rent is a good criterion to start with for your decision as to booting out time. Likewise, with harassing and disturbing neighbors. Some leases contain a clause that specifies under what circumstances the lease will not be renewed. A deciding factor may be something such as being late with the rent three out of 12 months or having had x number of complaints for rule violations. Those are specific and measurable. Can we do the same thing with existing month-to-month tenants or tenants who do not have such a clause in their leases? Absolutely. We simply have to decide when enough is enough. What happens all too often, and I get emails asking the question regularly from landlords, is that they do not know what to do about a tenant who pays the rent late, when he pays it at all, or who intimidates other tenants or neighbors. I cannot tell them what to do, partly because I do not know the whole story, only the parts they wrote. There is always more to tell. And I do not know the market or personal situation the landlord and property are in. All I can suggest is what they can do, not what they should do. Often the deciding factor for landlords is, “I need the rent.” A known quantity is often preferable to an unknown one. So they let a bad tenant stay, hoping he or she will mend his or her ways. Sure, that will happen. The fact is, the rent is not being paid or it is being paid so late that they have to float the mortgage payment until the rent finally does trickle in. Time to do some calculations. If you are not getting any rent at all, there is absolutely no point in keeping the tenant. It is cheaper to have a vacant unit than one occupied by a non-paying tenant, due to the wear, tear, and stress. Even if the unit sits vacant for three months, you are better off than if the bad tenant was living there. The damage is stopped and you have to take the mortgage payment out of your pocket anyway. If the rent is late every month, or comes in fits and starts, could you do better than that by booting the tenant and looking for a good one? That depends on the current market and the property itself. Only the owner of the property knows. So how about that New Year’s resolution? It could even be a February or March resolution. Anytime we do something to take more control of our investments is a good time. When is enough enough? Robert Cain is a nationally-recognized speaker and writer on Property Management and Real Estate issues. For a free sample copy of the Rental Property Reporter or Northwest Landlord call 800-6545456 or visit the web site at www.rentalprop.com. March 2006 Residential Resource 23 Welcome New Members! Members that joined NARPM from January 1 to January 31, 2006 Charles P. Elliott Atlantis Properties 10 Jackson Street, #107 Los Gatos, CA 95030 408-354-8910 NEW MEMBERS Bob Anderson Arbors Management & Realty 418 Tangerine Drive Oldsmar, FL 34677 727-462-9999 Ronald L. Ashmore Mary M. Love REALTOR® 77-468 Hoomaluhia Place Kailua-Kona, HI 96740 808-329-4813 Aaron M. Bell A.T. Smith & Company 8790 W. Colfax Avenue, #103 Lakewood, CO 80215 303-233-3976 Cindy Boyle Band Gem State Rentals-Maya Pavane 25 East Fairview, #235 Meridian, ID 83642 208-846-8780 Robert Burba Pertria 100 Los Gatos Saratoga Road Los Gatos, CA 95032 408-357-7773 Brendon Case BRC Real Estate Management 909 Summerbrook Lane Euless, TX 76040 817-781-4000 Randal Currelly Currelly Brokerage, Inc. 320 Bay Street Tarpon Springs, FL 34689 727-944-3035 Mark Denton Oakwood Residential Rentals 2222 Corinth Avenue Los Angeles, CA 90064 310-478-1021 24 Carey S. Kirk, Sr. Yellow Star Property Mgmt. 2071 E. Irvington Road, #117 Tucson, AZ 85714 520-250-8059 Greg Norby Associated Brokers Realty Inc. 900 Wadsworth Boulevard Lakewood, CO 80214 303-237-7676 Connie Gilley A.T. Smith & Company 6734 Yarrow Street, #11B Arvada, CO 80004 303-233-3976 Cheryl Y. Kunimoto Marie Hansen Properties 615 Piikoi Street Honolulu, HI 96825 808-591-1110 Terri Patterson Double Z, Inc. 14401 Pacific Avenue Tacoma, WA 98444 253-531-9431 Beth Grossman Coldwell Banker Walter Williams 5 Sawgrass Village Drive Ponte Vedra, FL 32082 904-473-1028 Leisa LeLand Double LL Realty 131 Beaver Meadows Road Bayfield, CO 81122 970-884-4000 NEW AFFILIATES Michelle Hicks Century 21 Hometowne Prop. PO Box 121600 Clermont, FL 34712 352-243-9900 Vincent J. Lilly Young Fella Properties, Inc. 106 W. Palisade Avenue, #201 Englewood, NJ 7631 201-227-7649 Sherie Hitchcock Marie Hanson Properties 884 Aipo Street Honolulu, HI 96825 808-593-2735 Linda Lowe Arbor Properties PO Box 42 Horseshoe Bend, ID 83629 208-398-8614 Michelle Huffman Long Realty Company Alliance 1839 S. Alma School Rd., #380 Mesa, AZ 85210 480-768-3232 Wayne Marinik Wright Realty Group 8111 Mainland, #104-204 San Antonio, TX 78240 210-680-1590 Anthony Irizarry Associated Brokers Realty, Inc. 900 Wadsworth Boulevard Lakewood, CO 80214 303-237-7676 Candace D. Masterson ChartWest Realty 1819 S. Dobson Road, #107 Mesa, AZ 85202 480-820-0600 Don R. Johnson Johnson Property Mgmt, LLC PO Box 1023 Meridian, ID 83680 208-884-3310 Sheila Moran Moran Property Management 8345 Agora Parkway, #125 Schertz, TX 78154 210-659-6700 Jan K. Kim Grubb & Ellis/CBI PO Box 5281 Kaneohe, HI 96744 999-441-0521 Kristine R. Nelson West Lisa Realty of Prescott 7900 East Florentine Prescott Valley, AZ 86314 928-759-3610 Aurelia Kimbrough AK Real Estate PO Box 141348 Dallas, TX 75214 469-877-2256 Angela Newman Angelina Realtors 6869 Springfield Blvd., #201 Springfield, VA 22150 703-912-4800 March 2006 Residential Resource Daniel Miller Spyder Web Enterprises 16 Arcadian Way, Suite C5 Paramus, NJ 7652 201-845-7300 Michael Ronca First Horizon Home Loans 621 Lynnhaven Parkway, #366 Virginia Beach, VA 23452 757-306-2450 Kris Kirschner Auto Pilot Complete 5805 State Bridge Road, #296 Duluth, GA 30097 678-410-6790 Dan Daugherty Rent Marketer 8100 East Union Avenue, #1808 Denver, CO 80237 888-710-7368 Julie Vargas Rekey.com Locksmith Services 11726 West Lincoln Street Avondale, AZ 85323 602-340-0004 Christian Nissen Christian Nissen Landscaping 40 Corte Alta Novaro, CA 94949 415-990-8410 Michelle Christensen Innercircuit Inc. 1056 Camino Ricardo San Jose, CA 95125 408-279-2412 Certification Corner NEW SUPPORT STAFF Paul Mello Rhapsody Partners 3400 Carillon Point Kirkland, WA 98033 702-228-6376 Maryland Mier A.T. Smith & Company 8790 W. Colfax Avenue, #103 Lakewood, CO 80215 303-233-3976 Karen Straughan Straughan Properties 2884 Ridge Road Rockwall, TX 75032 214-676-3249 Katie Vance Rhapsody Partners 3400 Carillon Point Kirkland, WA 98033 702-228-6376 Editor’s Clarification Statement The 2006 February Residential Resource article titled “Whoops! Another Sale From Your Portfolio of Properties” used a fee of 1% as an example of a termination fee. The article should have said, “The property manager could negotiate with the owner to pay a termination fee and then continue to manage the property to the closing of escrow.” NARPM members are reminded that fees should not be discussed between themselves unless they are clearly noted as being an example. For more information see Article 10 of the NARPM Code of Ethics. MPM® CANDIDACY Lambert Munz, RMP® RMP® CANDIDACY Pamela Crosslin Pamela Foster Brenda Needham Worth Ross Christine Goodin Affiliate Members LISTED BY SERVICE BUSINESS PRODUCTS AND SERVICES Armaninn McKenna, LLP Austin Landmark Properties Black Ink Insurance Services, Inc. Career Look, Inc. Company Gear Division Access Control Eli Research First Horizon Home Loans HRA Solutions Ian H. Graham Insurance Oliphant Financial Corporation Paychex, Inc. Paylease, Inc. Peachtree Business Products Professional Office Services of Idaho Rekey.com Locksmith Services RE Manuals/Landlord Source RG America Roper Lock Box, LLC Runzheimer International Ltd. Southwest Recovery Services Starker Services, Inc. Team Real Estate, Inc. The Bain Group, Inc. The Real Estate Board Top Answer Communications Unibind Vairo and Associates, Inc. INTERNET TOOLS 123RentAHome.com 1SourceRents.com All Property Management AudioVu.com HomeRentals.net Info on the Web Innercircuit, Inc. InteloQuence Lease Place, Inc. Payment Solutions, LLC Property Bridge, LLC PropertyPlatform.com Rental Alliance, LLC RentalHouses.com RentalSource.com RentClicks Rent.com Rent Marketer Rent One Online RentSurfing.com LEGAL SERVICES Law Offices of Davis, Rothwell, Mullin, Earle & Xóchihua, P.C. Law Offices of Demartini & Walker Law Offices of Heist, Weisse & Lucrezi MAINTENANCE 1800HomeRepair.com A All Animal Control Air Temperature Control American Environmental Group, Inc. Blusky Restoration Contractors Building Specs, Inc. Christian Nissen Landscaping Citrusolution Carpet Cleaning Cutting Edge Painting, Inc. Demi Murphy Design EnviroCare, Inc. Glass Works, Inc. Gutter Love It! Handyman Matters of Central Kentucky Handyman Matters of Colorado Hild Renovation Company Home Services of America Humidex Atlantic KMH Technologies, Inc. Mr. Electric of Tarrant and Park Mr. Goodbar Onsite Pro, Inc. Power Lift Foundation Repair Royal Plumbing Company Servpro of Arvada Servpro of Gilbert Sherwin Williams Company Southwest Catastrophe and Restoration Tankless Hot Water Water Damage Solutions MARKETING Elite Occasions Home Management Network, LLC HomeRentalAds.com HotPads.com ImagePro On-Hold MetroLeases.com On-Hold Concepts, Inc. Red Door Christian Investments Rental Home Investor, LLC RentalHomesPlus.com RentBlurb.com The Original On-Hold Company REAL ESTATE EDUCATION Americas Best Real Estate Education Auto Pilot Complete SOFTWARE Escapia, Inc. Logicbuilt, Inc. London Computer Systems, Inc. PROMAS Landlord Software Center Property Automation Software Property Boss Solutions, LLC Tracker Systems, Inc. Winning Edge Software, Inc. Yardi Systems TENANT SCREENING Clear Screening Contemporary Information Corporation Credit Retriever National Tenant Network Reliable Background Screening RentGrow, Inc. ScreeningOne Securint Tenant Check, Inc. Tenant Plus Corporation United Screening Services Corporation VeriQuest Screening Solutions March 2006 Residential Resource 25 Ambassador Program 2006 - January Members The Ambassador Program was first designed in 2000 to reward our current members for referring new members to our organization. Who better to spread the word of the benefits of NARPM than its members? If you refer five new members in one year, you will receive an award certificate that may be used toward your next year’s dues or for events for the coming year. When you achieve ambassador status and receive your $195 NARPM credit, it can be used toward your annual dues or registration at a NARPM National Convention. It is flexible! A member can earn multiple Award Certificates in the 12-month period. New Member • Call NARPM Headquarters at 800-782-3452 to request member application forms. Headquarters, upon request, will mail the application directly to the prospective member but will not fill in the “referred by” line. • The 12-month period to obtain the five new members starts the day the first new membership application is processed by Headquarters. • When Headquarters receives the fifth new membership application, an Award Certificate will be issued and dated. • A recognition certificate will also be issued, and you, the “Ambassador,” will be recognized in the Residential Resource. Candace D. Masterson Jan K. Kim Timothy Vohar Sherie Hitchcock Beth A. Grossman Carolyn Rilling JoAnn Rankin Kathy Weaver Kris Kirschner Arthur Swanson Terri Patterson Cheryl Y. Kunimoto Linda Lowe Don R. Johnson Michael Ronca Christian Nissen Ambassador Member Steve Urie, MPM® Roseanne Uyehara, CPM Gladys Fain Carl Frazier Wanda Franklin, RMP® Joyce Brake Beverly Browning, MPM® Jill Boles, RMP® David Holt, MPM® Ray Scarabosio, MPM® Linda Baker Elizabeth Ishimitsu Tony Drost, RMP® Carolyn Austin, RMP® Chuck Warren, RMP® Joe Dalmon, RMP® H o m e R en t a A d s co m adver t ise or ren t one Rent Your Properties... Cheaper Unlimited ads just $60 per month Better Faster Greater coverage and exposure New, easy-to-use system saves you time and money Contact us today for your free trial Contact Robert Fowler or Joe Woods: 770-663-8695 or [email protected] 26 March 2006 Residential Resource RMP®/MPM® Certification Classes Location Class Instructor Feb. 20, 2006 Longmont, CO RMP® Marketing Wallace Gibson, MPM® Feb. 20-21, 2006 Longmont, CO MPM® Owner/Client Relations Sylvia Hill, MPM® Feb. 21, 2006 Longmont, CO RMP Operations Mark Kreditor, MPM Feb. 23, 2006 Longmont, CO Ethics Class Denny Snowden, MPM® Mar. 9 & 10, 2006 Seattle, WA MPM® Personnel Practices Ray Scarabosio, MPM® Mar. 10, 2006 Seattle, WA RMP® Applying Technology Sylvia Hill, MPM® Mar. 12, 2006 Seattle, WA Ethics Class Sylvia Hill, MPM® Apr. 13, 2006 Stuart, FL RMP® Operations Peter Meer, MPM® May 11, 2006 Honolulu, HI RMP® Habitability Standards Sylvia Hill, MPM® Date ® ® To register for classes, complete the registration form and mail or fax with payment to NARPM Headquarters. Registration form below is not applicable for Ethics class. For more information or to receive Ethics registration form, call Headquarters at 800-782-3452. Interested in Sponsoring Certification Classes? Opportunities are available to chapters that would like to further member education, promote certification, and increase their chapter funds by sponsoring a certification class. However, it takes time to plan a class - so give your chapter five to six month’s lead-time if you wish to sponsor one of these events. Find out more by calling Peter Meer, MPM®, at 303/322-1550 or e-mailing educationchair@ narpm.org. Peter can provide you with the details you need to make a Certification class a successful venture. RMP®/MPM® Class Registration (Please print or type) RMP® Classes Member Nonmember Retake RMP®/MPM® Early Registration* $195.00 $250.00 $100.00 $97.50 Registration* $225.00 $280.00 $130.00 $127.50 MPM® Classes Member Nonmember Retake MPM® $395.00 $450.00 $300.00 $197.50 $450.00 $505.00 $355.00 $252.50 FEES *to receive the early registration price, payment must be postmarked, Name ___________________________________________________________________________________ Company ________________________________________________________________________________ Address __________________________________________________________________________________ City/State/Zip _____________________________________________________________________________ Telephone ______________________________________ Fax _____________________________________ E-mail ___________________________________________________________________________________ List Classes faxed, or e-mailed 30 days prior to the class. Name of Class Class Date Cost ___________________________________________________________________________ $ ___________ CLASS INFORMATION ___________________________________________________________________________ $ ___________ • On-site registration begins at 8:00 a.m. Class hours are 8:30 a.m. to 4:00 p.m. • RMP® classes qualify for 6 hours of NARPM certification. • MPM® classes qualify for 12 hours of NARPM certification. • All materials will be given to students on the day of the class. • All attendees are required to make their individual hotel reservations. CANCELLATION POLICY ___________________________________________________________________________ $ ___________ Total $ ___________ Method of Payment I have enclosed a check for $ ___________ Ck/M.O. # ___________ Date ___________ Please charge my credit card in the amount of $ ___________ as follows: Visa MasterCard Discover American Express Card Number _____________________________________________________ Exp. Date ______________ Cancellations must be received in writing. If cancellation Name of Cardholder _______________________________________________________________________ notice is received at least 30 days prior to the class, a full refund will be issued less a $25 processing fee. If Billing Address ____________________________________________________________________________ cancellation notice is received less than 30 days before the class, a 50% refund will be issued. No refunds will be made Signature ________________________________________________________________________________ I authorize NARPM to charge my credit card. on the day of the class; however, the registration fee can be applied to a later class with a $25 transfer fee. Two Easy Ways to Register Due to low registration, a class may be cancelled with 15 days prior notice. If NARPM cancels a class, registration fee 1. MAIL your form with payment to NARPM, could be credited to a future class or fully refunded upon 184 Business Park Drive, Suite 200-P request. Virginia Beach, VA 23462 2. FAX your form with credit card payment to 866-466-2776. Please do not mail the original. March 2006 Residential Resource 27 184 Business Park Drive, Suite 200-P Virginia Beach, VA 23462 28 March 2006 Residential Resource
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