All Forum Posts by: Dawn Anastasi

Networking begins at 5:30 pm 

Programming begins at 6:15 pm

3 topics:

• Maximizing the Benefits of Real Estate IRAs with Dan Grossman from Midland. 
• Are your properties fireproof? We welcome Lieutenant Michael Ball, Milwaukee Fire Department Community Relations Director, sharing information about keeping your properties safe from fire hazards. It’s more than just smoke detectors! 
• What landlords should know about drugs and drug activity. Pablo Velazquez of Genesis Group RMS, a Security, Consulting, and Training company, will be speaking about Drug Awareness for Landlords, Property Owners and Managers.

This meeting is free for AASEW members. $25 for non-members. If you've never been to an AASEW meeting before, please let me know and I can add you as my guest for this month.

@Jay Hinrichs Yes we've had lots cold and snow, mostly starting in January. It's going to warm up to about 40F this weekend; hopefully that lasts.

1.5-2% is possible in my area. 2% used to be more common until the market got tougher. Now, it's more common to get around 1.5%, which is still pretty good cash flow wise.

I haven't done a "subject to" deal myself, so others may be able to better answer these questions.

I prefer a tiled shower. It looks better and not so "plain".

The AASEW meets once a month in Wauwatosa and is a great opportunity to network. The group is focused on education and advocacy for landlords.

The AASEW Landlord Trade Show has always been a popular event.

Cost: FREE — Lunch: FREE — Networking: FREE — Education: FREE

Benefits:

• An array of vendors will provide valuable information for your landlord and property management business.
• Great networking opportunities!
• Multiple educational opportunities!

Please mark your calendars! Registration will begin in September 2019. Please email [email protected] if you would like information on purchasing a vendor booth for this event.

Landlord Boot Camp 2019

WHEN: Saturday, February 9, 2019

WHERE:

Four Points by Sheraton

5311 S. Howell Avenue

Milwaukee, WI 53207

TIME: Registration opens at 7:10 AM. The seminar is 8:30 to 5 PM with a 30 minute break for a complimentary lunch. There will be a one hour question and answer session afterwards, ending promptly at 6pm. Many will find the Q&A invaluable, therefore you may wish to make arrangements to stay until 6 pm.

INCLUDED: 100 plus page manual to help you put what you learn into practice.

Landlord Boot Camp covers everything that you need to know about residential Landlord Tenant law in Wisconsin, as amended in March 2012 by Act 143, in March 2014, in March 2016 with the passage of ACT 176, and again in March 2018 with ACT 317 including:

• How to properly screen prospective tenants
• How to draft written screening criteria to assist you in the selection process
• How to comply with both federal and state Fair Housing laws including how to comply with “reasonable modifications” and “reasonable accommodations” requests
• How to legally reject an applicant
• What rental documents you should be using and why
• 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 The Wisconsin Eviction Notices have changed and improved under Act 176, enacted in March 2016
• 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
• When you are legally allowed to enter your tenant’s apartment
• How to properly draft an eviction summons and complaint
• What to do to keep the commissioner from dismissing your eviction suit
• What you can legally deduct from a security deposit
• How to properly draft a security deposit transmittal / 21-day letter
• How to handle pet damage
• What to do with a tenant’s abandoned property and how this may affect whether or not you file an eviction suit
• 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)

An ample question and answer period. This alone is worth the admission ... and much more.

You get all this for less than you would pay for an hour of an attorney’s time. 

PRICE:

• Members $179
• Non-Members $297
• Boot Camp w/ Annual AASEW Membership $298 (BEST DEAL!)

REGISTER HERE

I have a list of contractors on my website for the Milwaukee area.

I bought a really run down property. The roof was leaking, the floors were nasty, the windows were broken, etc. The tenants were paying $500/month to the previous owner who got foreclosed on, then later to the City who took it over. 

When I bought it, the tenants told me they wanted to stay. However, with the amount of renovations that needed to be done, there was no way I could work around them. I told them they had to leave and gave them a month to move out without charging them. Meanwhile, I got to work on the replacing the roof which didn't impact their interior living.