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E-NEWS
  Message from the IREM-LA Chapter President, Lynne Miller, CPM®
  Networking Mixer & 2012 Officer Nomination Elections
  Management Plan Skills Assessment (MPSAXM)
  CPM Certification Exam Preparation Course (CPM001)
  CPM Certification Exam (CPMEXM)
  Hands on Budget Workshop for Multi-Family and Commercial Properties
  A Landlord’s Inside Track to Debt Collection: The Bank Levy
  Structuring Projects to Promote Long-Term Viability
  Legislative Update
Welcome to the August 2011 issue of IREM LA e-NEWS - our online newsletter. Please click on the articles to get the complete story. You can visit the IREM LA web site at any time by clicking on the IREM logo in the upper left corner.
 

Message from the IREM-LA President, Lynne Miller

Although the year has passed quickly, 2011 has been challenging for many companies. However, the strength, support and commitment of our leaders and members have allowed us to sustain through difficult times. We are grateful to each one of you. Full Story

 

Networking Mixer & 2012 Officer Nomination Elections

Come join us for a casual networking event and get to know your fellow local IREM members at the beautiful Water Garden...no speakers, no lectures, just appetizers, drinks, and guitar music with other local professionals. Full Story

 

Management Plan Skills Assessment (MPSAXM)

The MPSAXM is designed to assess your knowledge of the concepts, technical skills, and processes involved in preparing, analyzing, and completing a property management plan following IREM standards. It is completed in a classroom setting and includes an exam component that requires responses to management scenarios based on a property type of your own choosing. Full Story

 

CPM Certification Exam Preparation Course (CPM001)

The CPM Certification Exam tests all that you have learned through your education and experience in real estate management and ensures the integrity of the CPM designation. If you have completed the CPM education requirement , you are ready to take the CPM Certification Exam. The exam is offered both in the classroom and independently with a local proctor. Full Story

 

CPM Certification Exam (CPMEXM)

This course addresses the core issues that impact fiscal planning, giving you the ability to calculate important financial components and take control of your property’s financial outlook.What you will learn:Budgeting and analysis. Owner’s goals and objectives, budgets and forecasts, variances Cash flow analysis. Pro forma statements, cash flow trends, calculating rates of return Capitalization and valuation. Full Story

 

Hands on Budget Workshop for Multi-Family and Commercial Properties

Learn about the tools needed to prepare the budget, types of budgets, controllable vs. uncontrollable expenses, budget calculations, economics vs. physical occupancy, rental income, leasing & renewal projections and more.  Full Story

 

A Landlord’s Inside Track to Debt Collection: The Bank Levy

The bank account levy is perhaps the most efficient means for collecting a money judgment. A bank account levy is the judicial process for seizing funds in a bank account to satisfy a judgment. Following an eviction, and after a money judgment has been entered, the landlord may levy the bank account of a former tenant to collect the judgment. Full Story

 

Structuring Projects to Promote Long-Term Viability

As the affordable housing industry has weathered the Great Recession, there has been some timely discussion of what makes for not only viable projects but also a sustainable affordable housing “delivery system.” A number of owners of affordable housing have struggled and even failed, reminding the industry that we need sustainable organizations to steward these assets for the long term—we need to bolster the organizations that run affordable housing projects day-to-day. Full Story

 

Legislative Update

Governor Jerry Brown’s 2011-12 budget proposal to eliminate redevelopment agencies placed a high level of scrutiny on California's redevelopment agencies. In turn, this created a crisis for nonprofit home developers who use the 20% of redevelopment agency funding set aside for Low and Moderate Income Housing Funds to build affordable homes. Full Story



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