All Forum Posts by: Arnie Guida

Wisconsin Governor has proposed rescinding the residency requirement for public workers.

While I understand the argument offered by both sides, I personally think this could be detrimental for my area of City of Milwaukee housing. Removing people with good paying jobs that enable them to keep their properties up can't be good.

I hope it doesn't pass, but I think it will.

I received a text from my handyman today. While he was working at our 4 family, an insurance guy was walking around our building. He said the guy was from AmFam, our insurer, who has been insuring us forever, and we've owned the building since '66.

I've yet to speak to our agent, but is this common? I found it odd.

In our 4 family, the tenant in #2 has been with us almost 4 years. Never a peep, always pays on time with a smile, pleasant, never asks for anything, no noise complaints, no plugged drains, plugged toilets, addresses me as "Sir"...a dream tenant.

We've recently had some vacancies and bumped up the rents to be more in tune with current times. Even with the higher rent, the response was very, very strong.

I'm reluctant to increase his rent to be equal to the new tenants, but sometimes feel foolish "giving" him $40 a month.

There is a cost involved with tenants moving, obviously, along with the possibility of being vacant for a few months...but with the response to our recent vacancies, even with the higher rent, I'm sure we'd rent it in a heartbeat.

Maybe I should look at the big picture, relax and not try and squeeze the last penny out of the building. It's paid for, and pretty much trouble free.

I'll never forget what my Father, God rest his soul, used to say. "People tell me to charge more rent, but my building is always full. It takes a long time to make up an empty month even at a higher rent."

Leave this guy's rent alone, it's not worth the 40 bucks, right?

Well, Greenfield actually, a suburb of MKE.

I'm a retired machinist. I have been running my Mom's 4 family that she and my Father bought in June of 1966. When Dad passed in 1998, I moved out of my 30x30 4br Cape Cod to take care of my Mom and rented it out. In '94 I bought my own 4 family, but sold it in '04...2 4's, a single, a full time job and being a Caregiver was just too much. Looking back, I wish had I stuck it out just a little longer, retiring in '08. Oh well, hindsight is...

I stumbled on this site after a phone call this past Saturday morning for a vacancy in my Mom's building. The caller asked if I had a minimum income requirement, I asked why and she said most do. I'm embarrassed to admit I didn't know of it. I typed in "Common Income Requirements For Tenant" on Google, and this site was the second result.

My jaw hit the ground!!! I can't believe the wealth of information on this site! I'm also stunned at the willingness of the members to share their knowledge. This is EASILY the best site on this subject I've found so far. I've been reading as much as possible, but it's like trying to take a sip out of a fire hose.

I've learned so much already, and have seen how much I've been doing wrong. Thank you to all of the members for sharing their knowledge, and I'll try to keep the stupid questions to a minimum.

Arnie