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Apartment Professionals Trade Society of New York
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  • About Us
    • Our Story
    • Our Volunteer Board of Directors
    • Our Committees
    • In the News
  • Why Join?
    • Membership Application
    • Membership Benefits
    • Independent Rental Owner (IRO) Benefits
    • NAA Click and Lease
    • ALN Apartment Data
  • Education & Events
    • Events Calendar
    • APTSPALOOZA 2023
    • The Multifamily Masters
    • Maintenance Mania
    • Apartment Excellence Awards
    • NAAEI Credentials >
      • NAAEI Credentials Offered
      • Credential Benefits
      • Credential Renewal & Continuing Education
      • Credential Candidate Handbook
      • NAA Credential Directory
    • Grace Hill Online Courses
    • NAA Annual Education & Expo | Apartmentalize
  • Advocacy
    • Get Involved!
    • Hot Topics >
      • Good Cause Eviction
      • Landlord Rental Assistance Program (LRAP)
      • Emergency Rental Assistance Program (ERAP)
      • CEEFPA & TENANT SAFE HARBOR ACT 2020
      • Housing Stability & Tenant Protections Act of 2019 (HSTPA)
    • Resources >
      • Statewide Legislation Tracker
      • Federal Legislative Tracker
      • Policy by issue
      • Find My Legislators
      • Homeowners for an Affordable NY
  • Member Resources
    • Directory
    • NYS Residential Tenant Rights Guide
    • NYS Attorney General ERAP Reminder
    • Agencies in the Area
    • Modern Carpet & Flooring FREE Design Studio
    • Rentistry by Foxen
    • FIDO Score by Petscreening
    • Multifamily Industry Data Trends >
      • NAA Income & Expense Survey
      • Where does a dollar of rent go?
    • IRO Resources
    • Student Housing
  • Job Board
  • Contact Us
    • Our Association Executive
    • Sponsorships
  • Registration

Independent rental owner (IRO) benefits

Your "why" may be different

At APTS of NY we know that as an Independent Rental Owner (IRO) your "WHY" for joining may look a little different, which is why we have a whole offering of benefits and resources just for you!

Check out SOME OF OUR iro rESOURCES HERE!

LOCAL IRO BENEFITS

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local_benefits.pdf
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national naa IRO BENEFITS

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IRO Membership Benefits Brochure
File Size: 1333 kb
File Type: pdf
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what is an independent rental owner (IRO)?

What is an Independent Rental Owner (IRO)? The National Apartment Association (NAA) defines an IRO as an individual or individuals that are active in both the ownership and management of their properties.

main characteristics of IRO'S

  • They have their own money invested in the property (with or without partners) and oversee Multifamily OR Single-Family housing.
  • They are actively involved in the management of their properties.
  • They self-identify based on the above criteria and not by portfolio unit count.

Considerations for IRO's

  • Membership is defined by experience and not by unit count. IRO's may consist of less than 10 units and can exceed over 6,000 units given the size of the independent investor. Resources are provided based on all levels of experience specific for each member.
  • Smaller sized properties and portfolios generally require a ​unique property management style, as opposed to the management style used for properties of larger unit count.
  • IRO Education and Networking opportunities may also be beneficial for those that work for an IRO, such as property managers, managing directors, and other employees or those that conduct business with IRO's such as supplier partners.
  • Self-identification is an important part of being an IRO. The NAA IRO program is built around all facets of multifamily and encourages learning and conversation with likeminded individuals.
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