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  • 09/27/2023 4:00 PM | Dawn Anastasi (Administrator)

    By By Karlin Conklin, Multi-Housing News

    Read the full article here

    Every multifamily owner accumulates learning experiences that pave the way for smarter decisions and more successful ventures ahead. Here are some of the most common investing mistakes and the lessons learned by those who’ve navigated the ups and downs of many market cycles.

    1. You Made Emotional Transaction Decisions
    2. You Took on Excessive Debt
    3. You Got Too Comfortable
    4. You Neglected Professional Guidance
  • 09/20/2023 5:00 PM | Dawn Anastasi (Administrator)

    By Atty Heiner Giese

    You may have seen recent news stories about some tenants living in public housing in the City of Milwaukee (operated by Housing Authority of the City of Milwaukee – HACM) being unhappy with their landlord.

    Milwaukee’s Common Council does not have direct control over HACM but now some aldermen want to have the Dept of Neighborhood Services inspect HACM units and write orders for any violations. See the Statement below with bolded section highlighted.

    Statement from Common Council President José G. Pérez

    September 20, 2023

    For some time, Common Council members, community representatives, and most importantly, residents of properties operated by the Housing Authority of the City of Milwaukee (HACM), have been concerned about the way the HACM conducts its business. Anecdotes of unsafe and unsanitary conditions, billing irregularities, inattentive managers, and slovenly bookkeeping were heard from various quarters, with many of these issues predating current city leadership.

    Many Council members have long grappled with how best to oversee the HACM, which is not a formal City agency, despite its long relationship with our government. It has been a point of frustration to identify what falls into the Common Council’s purview and what does not. One possible solution the Council can enforce would be to end a longstanding “handshake agreement” between our Department of Neighborhood Services and the HACM, under which the latter was treated differently from every other landlord and has been able to avoid regular inspections and enforcement for noncompliance.

    On Monday, September 25, 2023, the Steering and Rules Committee will take up an ordinance that accomplishes this goal by directing the Department of Neighborhood Services to inspect and, if necessary, cite the HACM for violations of our ordinances. It is well past time the city’s second largest landlord play by the same rules as everyone else.

    The public release of the federal Department of Housing and Urban Development’s review of the HACM’s Housing Choice Voucher program has made clear how dysfunctional the authority’s operations have become, and underscores the need for action, such as that in the proposed ordinance. The report is a damning account of inefficiency, incompetence, and a fundamental lack of accountability, all involving public funds intended to benefit some of our most vulnerable residents.

    Recommendations were made for improvements that were, it seems, never carried out. I have written to the author of this review to ask how the HACM will be held accountable for not following previous recommendations and what will be done to ensure they are followed in the future.

    I look forward to a transparent and productive conversation on these issues related to the HACM at Monday’s committee meeting.

    See the article online here.

    What are your thoughts on this development? Post your comments below.

  • 09/20/2023 10:00 AM | Dawn Anastasi (Administrator)

    By Mike Cottrell, RPA President

    I'm happy to welcome Lily Johnston as an intern to our RPA team! During her time with us, she'll be helping the board on a variety of tasks including events and marketing, social media, and more.

    Welcome to the team Lily!

  • 09/18/2023 9:00 PM | Dawn Anastasi (Administrator)

    By Dawn Anastasi and Tim Ballering, RPA Board Members

    Here are some of the top legislative issues that RPA is working on. We went into more detail on these at tonight's general members meeting.

    Want the full scoop on legislative issues? Be sure to attend the next in-person membership meeting on Monday, November 20, 2023.

    Legal Action petitioned the WI Supreme Court to seal all evictions after one year

    The Association, represented by Attorney Heiner Giese, opposed the proposal in oral arguments on September 7th. The grounds for our opposition are:

    • The proposal directly conflicts with Wisconsin Statute 758.20 that a case cannot be removed for 10 years if a writ of restitution was granted in an eviction action and dismissed and no money judgment must remain available for at least 2 years.

    • The real victims of the proposal are good renters who have never been evicted and now must compete equally for limited housing with renters who may have multiple evictions.

    • Owners are increasing screening and deposit requirements because of free attorneys are slowing evictions and case sealing makes screening harder.

    EPA proposed zero lead dust level

    This would make most urban housing unsustainable. Zero is unattainable in new housing in urban areas.

    Please make your comments at https://bit.ly/EPA-zero

    Deb Heffner is returning to Community Advocates to run the Rental Housing Resource Center

    This is good news. Note, however that the WERA money for Milwaukee is gone. The rest of the state, excluding Milwaukee, Waukesha, Dane, and Brown Counties, received an additional $9.4 million.

    Proposed mandatory insurance disclosure

    Robin Vos is considering proposing mandatory disclosure by a landlord if they have liability insurance. This was in response to the deeply flawed “Wires and Fires” article by the Journal.

    We oppose the proposal as we fear it will increase fraudulent claims, thereby increasing insurance premiums for all owners. We will use this conversation to force insurers to provide reasonably priced insurance to property owners in all areas of the state. The Wall Street Journal reports that 12% of residential properties nationwide are uninsured due to costs.

    The City of Milwaukee appears to be charging owners for yard clean-ups without proper notice

    The legislative committee will invite Erica Roberts, head of DNS, to one of our meetings to discuss the issue and work to resolve it. There are perhaps millions of dollars of improper charges.

    Elmer Moore - The head of WHEDA has agreed to speak at the October RPA Trade Show

    WHEDA has some exciting new programs that may be advantageous for owners, neighborhoods, and renters

    Be sure to sign up for the RPA Trade Show, being held on October 27.

    Free Lead Abatement

    Heiner and Tim have ongoing discussions with SDC regarding lead abatement grants that should be available to owners in Milwaukee County.

    Hybrid Eviction Court

    The Legislative Committee is working with the Milwaukee County Courts in an attempt to get eviction first hearing to be available either in person or online.

  • 09/15/2023 8:00 PM | Dawn Anastasi (Administrator)

    By Tyler Durden, Zero Hedge

    The argument that landlord “greed” warrants government intervention in private property contracts is specious.

    Months’ worth of modest profits can easily be wiped out by a broken water heater, tree removal, or roof replacement—situations I have dealt with.

    Troublingly, the failed retro housing policy of rent control is experiencing a revival led by liberal activists, lawmakers, and regulators.

    Rent control is not the solution to the lack of affordable housing; it creates more problems than it solves. The best way to reduce housing costs would be to increase the housing supply; sadly, rent control works against this.

    Limiting rental prices may appear to be financial relief. However, rental control experiments have led to unsavory outcomes: deteriorating properties, racial segregation, discrimination against younger renters and larger families, and greater income inequality.

    Read the full article here

  • 09/07/2023 10:30 AM | Dawn Anastasi (Administrator)

    By Dawn Anastasi, RPA Board Member

    You may have heard at a recent RPA Landlord Boot Camp, RPA blog post, or other RPA event about the CARES Act.

    The CARES Act requires rental property owners to provide a 30-day notice to tenants prior to eviction for nonpayment of rent if the rental property is a "covered property."

    Okay, so what's a "covered property"?

    The term “covered property” includes any property that participates in certain federal housing programs or that has a federally backed mortgage loan.

    Here are two ways to search to see if a property is covered by the CARES Act:

    • The National Low Income Housing Coalition (NLIHC) has a searchable database that helps identify if a property is covered by the CARES Act.
    • FHA-insured or multifamily-assisted properties can be searched using the database at HUD.

    Keep in mind that if the rental property owner receives funds from the Rent Assistance program through the Housing Authority, that property is also covered through the CARES Act.

    Do you have further questions on the CARES Act? Comment below!

  • 09/05/2023 5:00 PM | Dawn Anastasi (Administrator)

    This article by David J. Decker proposes an interesting solution -- have tenants pay Rent Assistance to the Housing Authority, not to landlords. The Housing Authority can pay the landlord the rent in full.

    Read the full article here

    Excerpt from the article:

    The existing assistance formula usually requires tenants to pay at least a small portion of their rent, for example, $100 per month. This is good policy, but it puts landlords in an awkward position. While the county can be trusted to make its payments, sometimes the tenant does not. The landlord is faced with a conundrum. Landlords can beg and cajole tenants and request payment, but the only tool with any consequences is eviction. However, is a landlord likely to file an eviction costing $150 or more to recover a $100 delinquency? Unlikely.

    Instead, the delinquency may fester until the amount demands action. That amount could be $400 or more. While seemingly a relatively small sum, for the county aid recipient, this represents four months of rent. They are unlikely to be able to pay and will face eviction. Now everyone loses. The landlord is unlikely to ever recover these funds and the tenant is forced out of their home.

    The remedy is obvious. Have the aid recipient pay their portion of the rent to the county and have the county pay the landlord in full. Now the county can decide when to be patient. The county will know more about what is going on with their clients and how well their recipient screening process is working.

    What do you think of this idea? Post your comments below!

  • 09/04/2023 10:26 AM | Dawn Anastasi (Administrator)

    By Dawn Anastasi, RPA Board Member

    This paper was discovered by one of our members while using Google Scholar. The paper was submitted as someone's dissertation for their Doctor of Philosophy in Organizational Behavior from Case Western Reserve University.

    This paper is 399 pages, so not a bit of "light reading" but those who like reading long research papers may find this interesting.

    The author, Anna Perlmutter, has spent the last 8 years as a landlord for lower-income tenants in Cleveland.

    On page 5 of the paper, the author writes:

    Small-scale, private market landlords work independently and are often structurally disconnected – with loose information networks and few integral ties to organizational participants.

    One of the RPA's goals is to connect rental property owners not only to each other, through our monthly events and social outings, but also to outside resources such as Mediate Milwaukee, the Housing Authority of the City of Milwaukee, and more. And yet our membership doesn't contain all rental property owners in southeastern WI. Why do some rental property owners choose to operate as islands instead of making beneficial connections with others and invest in additional knowledge for themselves?

    Also on page 5, the author continues:

    This is evidenced by missed opportunities to engage landlords by public sector interventions and the widespread mistrust between landlords, tenants, and public/nonprofit sector professionals (PNPs) across the field.

    The RPA has seen this many, many times over. We are constantly fighting to "get a seat at the table" at housing discussions by the city and state. We are constantly trying to fight bias by the media.

    Do you know of other landlords who are not part of the RPA? If so, encourage them to join (or re-join if they have been past members). The RPA works hard to provide networking, educational, and legislative work for our members.

    Read the entire paper here

  • 09/01/2023 8:00 AM | Dawn Anastasi (Administrator)

  • 08/28/2023 7:00 PM | Dawn Anastasi (Administrator)

    By Christina Van Zelst and FOX6 News Digital Team

    "I think we need to do something about corporate landlords taking over entire neighborhoods, buying their property so the regular, every day people can afford to purchase a home," Jackson said.

    If you would like to share your thoughts on housing in Milwaukee, officials have made it possible on the Grow MKE website.

    See the full article here

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Rental Property Association of Wisconsin (Formerly AASEW)
P.O. Box 4125
Milwaukee, WI 53204-7905
Phone: 414-276-7378

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