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Archive of: Investing In Rental Property

GUEST POST: Views on "Landlords Games" Series and the City of Milwaukee's Task Force on LLC's

Posted by Tristan R. Pettit, Esq. in LLC's, Investing In Rental Property, City of Milwaukee / Comments

This is a Guest Blog Post authored by Tim BalleringRecently the Milwaukee Journal ran a series “Landlord Games" that inaccurately portrayed LLCs as being used simply to avoiding paying property taxes and fines. The result is the Milwaukee Common Council is creating a committee to study LLCs and rental housing. Text of proposal. The rental industry is again, noticeably absent from those invited to the table.View ...

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AASEW Meeting: Learn the Ins & Outs of Low Income Tax Credit Financing on July 15th.

Posted by Tristan R. Pettit, Esq. in AASEW, Investing In Rental Property / Comments

You look at conversions such as the knitting factory being turned into loft apartments on the near Southside and you wonder ‘How could they afford to do this, in this market?’The answer is Low Income Tax Credit Financing.  A brief overview is you design a project, go to the state (WHEDA) and apply for tax credits.  If all goes well and you are approved, you receive federal income tax credits.  There ...

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AASEW Meeting: Financing Real Estate In Today's Market ---- May 20, 2013

Posted by Tristan R. Pettit, Esq. in AASEW, Investing In Rental Property / Comments

Please join me at the AASEW's next monthly membership meeting where we will discuss Financing Real Estate in Today's Market.When: Monday May 20th, 2013 at 7:00 p.m.Where: The Best Western, 1005 S. Moorland Road, Brookfield 53005Who: Panel of local lending experts. Details below.Cost: This meeting is free for current AASEW members, $25 for guests or expired membersGood deals are more abundant today than ever in the past.  But we all ...

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AASEW's Next Meeting: How To Buy Rental Property In The New Economy Featuring Joe Dahl - Monday, August 20th

Posted by Tristan R. Pettit, Esq. in AASEW, Investing In Rental Property / Comments

I hope that you all can make it to the next AASEW membership meeting on Monday, August 20th, 2012 starting at 7 PM.  Joe Dahl, a young and dynamic local landlord and property manager (and the newest member of the AASEW Board of Directors) will discuss how to successfully invest in real estate in this new economy.Joe has successfully bought rental property using his own money, bank ...

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Don't Miss AASEW's Next Meeting Featuring Steve Smullin on Real Estate Trading

Posted by Tristan R. Pettit, Esq. in AASEW, Investing In Rental Property / Comments

Come join us at the next AASEW monthly membership meeting next week.When:   Monday May 21st at 7 PMWhere:  The Best Western, 1005 S. Moorland Road, in BrookfieldWho: Steven J. Smullin - Real Estate Problem Solving Since 1988.Topic:  Real Estate Trading - It's All About the Benes . . .  That's the Benefits, not the Benjamins.Cost:  Free to current AASEW members, $25 to others. Note: Starting at our May meeting we will be ...

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AASEW Offers Realtors & Brokers The Perfect Closing Gift for Their Clients - A Reduced Rate AASEW Membership

Posted by Tristan R. Pettit, Esq. in AASEW, Investing In Rental Property / Comments

For those Realtors and Brokers out there, the AASEW has a perfect closing gift for you to give your clients who just purchased a rental property.Realtors and/or Brokers can purchase an AASEW membership for only $29 through the end of the 2011 membership year for their clients.  Your client will appreciate receiving such a gift as it will put them in touch with other landlords and educational opportunities.The AASEW ...

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New Report States What Landlords Already Know - That Milwaukee's Regulations Hurt Businesses

Posted by Tristan R. Pettit, Esq. in Investing In Rental Property, City of Milwaukee / Comments

This past weekend I read a very interesting report which was drafted by the Institute for Justice as part of its City Study Series entitled Unhappy Days for Milwaukee Entrepeneurs: Brew City Regulations Make It Hard For Businesses To Achieve the High Life.The report is 40 pages long (excluding footnotes) but I encourage everyone to read it.  The report touches on the following issues:- How the city rigidly restricts ...

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Proposed Bill To Require Landlords To Disclose If Their Rental Property Was A "Meth Lab"

Posted by Tristan R. Pettit, Esq. in Legislation, Investing In Rental Property / Comments

On March 26, 2010, Senators Lena Taylor and Spencer Coggs along with Senator Lehman sponsored 2009 Senate Bill 650.  SB 650 will affect both landlords and sellers of real estate in which the drug methamphetamine has been manufactured.The bill requires both owners wishing to sell and landlords wishing to rent property that was used as a "meth lab" in the past to disclose in writing this fact to ...

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AASEW Trader's Corner To Be Held Prior to Monthly Meeting on Monday, March 15th

Posted by Tristan R. Pettit, Esq. in AASEW, Investing In Rental Property / Comments

Are you thinking about buying or selling or trading? Or, maybe you're just wondering where the RE market is currently at. Or, maybe you know a non-member (future member?) who is. No matter, because all are welcome to join us at the new AASEW Traders' Corner.If that isn't enough, check this out. The Traders' Corner is also a great place to find a buyer for that truck you no longer ...

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Is This The End of Seller Financing For Rental Properties?

Posted by Tristan R. Pettit, Esq. in Investing In Rental Property / Comments

I have received this same information from my contacts at the Apartment Association of Southeastern Wisconsin, Inc. (AASEW) and Milwaukee Real Estate Investors Networking Group (RING).  If you would ever like to be able to obtain seller financing for your next rental property or if you would like to be the seller that finances the sale of your rental property to some young landlord in the future ...

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