Posts Tagged AASEW

Don’t Miss Next AASEW Town Hall Meeting on Monday, July 19th

Jul 15

Posted by Tristan R. Pettit, Esq. in AASEW | 4 Comments

Have a question about landlord tenant law?  Property management?  Real estate investing/short sales?   Then come to the AASEW General Membership meeting on Monday, July 19th, 7:00 p.m. at the Best Western Hotel, 1005 South Moorland Road in Brookfield. 
 
Attorney and AASEW President, Tristan Pettit,  AASEW Director and Portfolio Director at StuartCo, Susan Ipsarides, and owner of Plan B Homebuyers & Tailwind Funding, Brian Meidam, will all be on hand to answer your questions and give you tips to help you manage your rental property business. 

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LANDLORD BOOT CAMP: Only 4 Open Seats Remain

Feb 16

Posted by Tristan R. Pettit, Esq. in AASEW, Seminars | No Comments

UPDATE 2/17/10 – WE ARE AT FULL CAPACITY FOR LANDLORD BOOT CAMP ON 2/27/10.  If you are interested in attending please contact Paulette at (414) 276-7378 or paulette@apartmentassoc.org and she will put your name on a “waiting list” and contact you should a seat become available.
 
Thank You
 
T
 
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We had a great AASEW monthly membership meeting last night — close to 90 people.  That was the largest crowd that I have seen at a meeting in my many years as a member.  Many of the attendees at the meeting also signed up for the AASEW’s Landlord Bootcamp that I will be teaching in about 10 days.  If you are interested in attending I would encourage you to do so immediately as I am told that there are only 4 seats left.  Looks like we will have a full house!
 
Below is my earlier blog post about the Boot Camp and the topics that I will address on Feb. 27th:
 
 
I will be presenting an all-day seminar on residential landlord tenant law in Wisconsin for the Apartment Association of Southeastern Wisconsin, Inc. (AASEW).  The seminar is entitled “Landlord Boot Camp” and will take place on Saturday, February 27, 2010 from approx. 8:30 am – 5 pm at the Clarion Hotel located at 5311 S. Howell Avenue in Milwaukee.
 
The cost will be $159 for AASEW members and $259 for non-members.  You will receive a 100 page plus manual.  I have given a similar seminar to lawyers, landlords, and property managers over 25 times during the past few years and the organizations that have sponsored these seminars typically charge between $300-$400.  This is your opportunity to learn all of the same information at a much discounted price.
 
I will cover pretty much anything and everything that you need to know about residential Landlord Tenant law in Wisconsin, including:
 
1.   How to properly screen prospective tenants
 
2.   How to draft written screening criteria to assist you in the selection process
 
3.   How to comply with both federal and state Fair Housing laws including how to comply with “reasonable modifications”  and “reasonable accomodations” requests
 
4.   How to legally reject an applicant
 
5.   What rental documents you should be using and why
 
6.   When you should be using a 5-day notice versus a 14-day notice, 28-day notice, or 30-day notice and how to properly serve the notice on your tenant
 
7.   Everything you wanted to know (and probably even more than you wanted to know) about the Residential Rental Practices (ATCP 134) and how to avoid having to pay double damages to your tenant for breaching ATCP 134
 
8.   When you are legally allowed to enter your tenant’s apartment
 
9.   How to properly draft an eviction summons and complaint
 
10.   What to do to keep the commissioner from dismissing your eviction suit
 
11.   What you can legally deduct from a security deposit
 
12.   How to properly draft a security deposit transmittal / 21 day letter
 
13.   How to handle pet damage
 
14.   What to do with a tenant’s abandoned property and how this may affect whether or not you file an eviction suit
 
15.   How to pursue your ex-tenant for damages to your rental property and past due rent (and whether it is even worth it to do so)
 
. . .  and much more.
 
Hope to see you there. 
 
Call Paulette at (414) 276-7378 or email her at paulette@apartmentassoc.org to reserve your seat.

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Landlords Should Attend EPA Lead Renovation Meeting On Feb. 15th

Feb 14

Posted by Tristan R. Pettit, Esq. in AASEW, Lead-Based Paint, Legislation | No Comments

The Bad News:   Those of you who have been following along on this list have heard about the new EPA Law, beginning April 22, 2010, that regulates any renovation work that disturbs 6 sq. ft. or more of paint per room, 20 sq. ft. or more of exterior paint, or involves windows. This law specifically includes rental property owners, management companies and their employees.  Your workers and company will need certification as well as changing your work practices. 

This law will increase the cost of doing work as well as subject violators to fines of up to $32,500 per day/violation..  You really don’t want to make a mistake here.

The Good News: Steve Antholt of the Wisconsin Department of Health (The people who will enforce this law in WI) has agreed to be at the AASEW’s Monday general meeting to  talk about the new EPA Law and the state companion rule Wisconsin Lead-Safe Renovation Rule, DHS 163.  He will explain why it is important, and what steps Rental Property Owners and Managers need to take to comply.
The Better News:  Steve has agreed to answer any and all questions that we may have on how to comply and keep our butts out of trouble. 
 
The Alternative: If all this makes you want to be rid of your properties… this Monday’s meeting will be the first to feature the new  Traders’ Corner!  Beginning February every month prior to our General Membership meetings our Traders’ Corner will meet to give members the opportunity to talk about their real estate needs. 
Join us Monday, February 15th 6:30 p.m if you wish to participate in the Trader’s Corner and 7:00 p.m. for the general meeting featuring Steve Anholt of DHFS 
Where:  Best Western, 1005 South Moorland Road, Brookfield, WI 53005.
HT to Tim Ballering

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AASEW’s Traders’ Corner To Be Introduced on Feb. 15th, Prior to Monthly Membership Meeting.

Feb 9

Posted by Tristan R. Pettit, Esq. in AASEW, Investing In Rental Property | No Comments

The AASEW is constantly striving to make our monthly membership meetings more interactive, informative, and fun for our members.  Toward that end, we have formed a committee comprised of 3 board members (Alan Rusk, Kim Queen & John Coons) to explore and suggest ideas to improve the AASEW’s monthly meetings.  Our attendence has been up over the past year and we want to maintain (and even increase) this trend.

The first of the ideas to be implemented will be the Traders’ Corner.   The Traders’ Corner will meet from 6:30 pm – 7 pm on Monday, February 15, 2010 (and will continue to meet 1/2 hour before the start of the AASEW’s regular monthly meetings) at the Best Wester Hotel located at 1005 S. Moorland Road in Brookfield.

The goal of the Corner is to allow for members to meet and discuss their real estate ”deals.”  If you have a rental property that you are looking to sell or if you would like to purchase additional rental properties – the Traders’ Corner is where you want to be.  Come and tell us about how you found your most recent “deal” and how you analyzed it and determined that it was something that you should go forward with. 

The meeting will be very informal and we will let those in attendence dictate what we talk about.  Ideally we hope this new event will allow members to meet and interact with one another more and allow for all of us to learn from one another.  Our members possess a wealth of real estate knowledge and experience and that is something that the AASEW is hoping will be shared.

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Upcoming AASEW Meetings, Topics & Speakers

Dec 23

Posted by Tristan R. Pettit, Esq. in AASEW, Lead-Based Paint, Remodeling / Renovation, Seminars | No Comments

The Apartment Association of Southeastern Wisconsin, Inc. (AASEW) has some very interesting speakers and topics for its upcoming monthly membership meetings in 2010.  All meetings are held on the 3rd Monday of the month at 7 pm at the Best Western Midway Hotel which is located at 1005 S. Moorland Road in Brookfield.  There is no cost to attend the meetings.  If you are not yet a member of AASEW, attending one of our monthly membership meetings is a great way to see what the organization is all about and learn how membership can benefit you as a landlord, property manager or vendor.

Our January 18th meeting will feature Attorney Robert Muten of Reinhart Boerner Van Deuren S.C.  Atty. Muten will speak on the issue of employees vs. independent contractors.  Whether a person is an employee of your business or an independant contractor will affect all of us at some point in our lives if the issue has not already confronted you.  I have done research on this very interesting topic for clients in the past and the determination as to whether you are an employee or an independant contractor is very fact-specific.  You will not want to miss this very informative meeting with Atty. Muten.

Steven Antholt of the State of Wisconsin’s Department of Health Services will speak at the February 15th AASEW meeting.  He will discuss the new Lead-Based Paint Renovation, Repair and Painting Program.  This new program will affect everyone that owns or works on rental property and who “disturbs” more than 6 feet of interior space or 20 feet of exterior space, and/or is replacing any doors or windows in pre-1978 housing.  This new law requires individuals to get specific training prior to its enactment date and to comply with a myriad of rules and regulations.  The fines for ignoring this new law will be stiff — so it would be in all of our best interests to be in attendence at this meeting.

On March 15th, Stacy Hegg, Property Manager for Wellston Apartments, will discuss best practices in rental property management and provide us with some management tips that we can use when managing our own properties.  I have had the pleasure of co-presenting a seminar with Stacy a few months ago and found her to be a dynamic, knowledgeable, and enjoyable speaker.  Come learn how to better manage your rentals from an expert in the industry.

I hope to see all of you at these future meetings.

I would like to wish everyone a healthy, safe, and happy holiday season.  I apologize for the lack of substantive blog articles this past week but I have been very busy dealing with all of the crowds while trying to finish my last minute holiday shopping  :  )

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AASEW Holiday Party Tonight

Dec 14

Posted by Tristan R. Pettit, Esq. in AASEW, Miscellaneous | No Comments

It is not too late to attend.  You can register at the door.

Cost is $25 per person.

Location: Clarion Hotel at 5311 S. Howell Ave.

Music and lots of Food.  Cash bar.

forget about all of the anti-landlord legislation being drafted and celebrate the holidays with us.

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LLC’s – PART 2: How To Insure They Protect You From Personal Liability

Nov 4

Posted by Tristan R. Pettit, Esq. in AASEW, LLC's | No Comments

In my October 28, 2009 post entitled LLC’s – Part 1: Why You Should Consider Using Them To Hold Your Rental Property,  I indicated that in the near future I would write a second post on LLC’s and include a link to the outline that I drafted and presented to the AASEW membership at the October monthly meeting.  My portion of the presentation on LLC’s focused on the following topics:

1.     General information on business entities (corporations, partnerships etc.) and how they are distinct from an individual person.

2.     How those general principles apply to LLC’s.

3.   What is “piercing the corporate veil” or “disregarding the corporate fiction” and what are the various tests and factors that courts look at when evaluating whether or not they should hold an individual liable for the actions or debts of the LLC under the “alter ego” theory.

You can read my outline here.

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