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Tristan’s Landlord-Tenant Law Blog

Archive of: Investing In Rental Property

GUEST POST: A Brief Overview of Wisconsin Options To Purchase

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

By Attorney David J. Espin of Petrie + Pettit S.C.Many landlords in Wisconsin are looking for ways to persuade their tenants to put some “skin in the game," and eventually to purchase the property they are renting. Tenants with a financial stake in the property will often take better care of the premises, and are less likely to walk away from their lease obligations. In order to accomplish this, landlords ...

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Good News For Rental Property Investors - Rental Weatherization Program Is Eliminated

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

I apologize for the delay in getting this post published but there is good news for rental property investors -- the much maligned rental weatherization program was eliminated as part of the passing of the state budget (2017 Wisconsin Act 59) which was signed into law on September 21, 2017 and the program will sunset as of January 1, 2018.Back in 1979 the legislature passed a law requiring that all ...

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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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