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All Forum Posts by: Michael Leeson

Michael Leeson has started 24 posts and replied 61 times.

Post: Month to month nonrenewal amidst moratorium?

Michael Leeson
Agent
Pro Member
Posted
  • Real Estate Agent
  • Madison, WI
  • Posts 64
  • Votes 83

@John Farady

Thank you

Post: Month to month nonrenewal amidst moratorium?

Michael Leeson
Agent
Pro Member
Posted
  • Real Estate Agent
  • Madison, WI
  • Posts 64
  • Votes 83

Amidst current moratorium on evictions - is there any limitation on not renewing a month to month lease? (Madison, Wisconsin property)

Haven’t been able to find info on this anywhere.

Thank you!

Post: Evaluating Commercial for Mixed-Use Deal

Michael Leeson
Agent
Pro Member
Posted
  • Real Estate Agent
  • Madison, WI
  • Posts 64
  • Votes 83

@Charles Carillo

Thanks so much! Very helpful insight!

Post: Evaluating Commercial for Mixed-Use Deal

Michael Leeson
Agent
Pro Member
Posted
  • Real Estate Agent
  • Madison, WI
  • Posts 64
  • Votes 83

I'm considering a mixed use property - commercial on ground floor and residential/STR second floor.

Can anyone recommend a great tool or approach for evaluating commercial leasing and vacancy rates?

Any advice is much appreciated!

Post: Resources on Commercial Management

Michael Leeson
Agent
Pro Member
Posted
  • Real Estate Agent
  • Madison, WI
  • Posts 64
  • Votes 83

Haven’t found anything on this in the forums...

Any suggestions on resources for getting started in Commercial Management?

Thank you!

Post: Notice to Vacate - Is 30 days enough?

Michael Leeson
Agent
Pro Member
Posted
  • Real Estate Agent
  • Madison, WI
  • Posts 64
  • Votes 83

@Greg H.Thanks for the response.

I'm in Wisconsin.  I inherited a tenant who is on a month to month lease. No problems - just asking her to move on. No terms are stated in the existing lease. Can I give her a month?

Post: Notice to Vacate - Is 30 days enough?

Michael Leeson
Agent
Pro Member
Posted
  • Real Estate Agent
  • Madison, WI
  • Posts 64
  • Votes 83

@Ryan Bradley

Thank you! No non-compliance issues from tenant.

Post: Notice to Vacate - Is 30 days enough?

Michael Leeson
Agent
Pro Member
Posted
  • Real Estate Agent
  • Madison, WI
  • Posts 64
  • Votes 83

Just closed on duplex #1!  Inherited renter needs to go, but the existing lease doesn't length of time for a notice to vacate.  What is best practice?  Is 30 days sufficient?

Thanks in advance for any input!

Post: Addressing Racial Disparity in Home Ownership/ Wealth?

Michael Leeson
Agent
Pro Member
Posted
  • Real Estate Agent
  • Madison, WI
  • Posts 64
  • Votes 83

@Account Closed I appreciate your candor and am with you 100% in my distaste for the woke warriors - believe me I'm surrounded by it in Madison. I'm not intending to signal anything, but say this is historically verifiable (at least in my area) and ask what you see that's actually addressing it.

This may only be anecdotal, but I'm seeing friends and many acquaintances whose grandparents/parents were locked out of wealth-building through home ownership - and much farther behind in terms of capital they have to work with to get started. 

Post: Addressing Racial Disparity in Home Ownership/ Wealth?

Michael Leeson
Agent
Pro Member
Posted
  • Real Estate Agent
  • Madison, WI
  • Posts 64
  • Votes 83

What are you doing or seeing that effectively addresses racial disparity in home ownership/ lending/ generational wealth?

Hopefully this is a fairly straightforward question about a heavy and complex topic!  

It's well documented in my city (Madison, WI) that African Americans have historically been cut out of home ownership through redlining, discriminatory lending, etc. What are some creative and effective things you are seeing/doing that ACTUALLY address this?