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Legislative Updates>
REIA of Oakland Legislative Update September 2006
1 Sep 2006
WHAT¹S HAPPENING AROUND THE STATE OF MICHIGAN - September 2006 by Don Eichstaedt, Secretary, Rental Property Owners Assoc. of Michigan (RPOAM) 2006 RPOAM ANNUAL CONFERENCE - IT IS TIME TO SIGN UP FOR THE CONFERENCE AND GET YOUR HOTEL ROOM!! THEME “SOAR HIGHER, INVEST SMARTER & MANAGE BETTER” Sept. 29 & 30, 2006 in Lansing, Michigan at Holiday Inn-South Convention Center Featuring: Creative Landlording by Jeffrey Taylor Gold Mine of Tax Strategies by Albert Aiello Big Profits in Real Estate by Robert Shemin Off-Shore Investment Opportunities by Elliott Financial Rehabbing for Real Money by Robyn Thompson Legislation & Grassroots Lobbying by Jim Crawford NaREIA National Benefits by Rebecca McLean Cost: $89.00 single; $99.00 double To Register: call: 800-701-7762 Hotel Room: call: 517-694-8123 LEGISLATION The big issue currently is Mortgage Fraud - Our lobbyist and Executive Director have been involved right at the beginning of discussions on this legislation. They will be meeting with the bill’s sponsor in 2 weeks to review the proposed bill - line by line. With their input we can keep the bill from being harmful for rental property owners. Quick resales (“flips) are one concern of the legislature. Initially, RPOAM is neutral on the bill. The bill numbers are HB 6432, 6433 & 6436. You should read the bill as soon as you can. If you have any concerns about any of the provisions, you should contact our Executive Director, Mr. Clay Powell, email: clayp@rpoaonline.org, or 616-454-3385. RPOAM-PAC Our PAC fund is low. All Associations are urged to collect PAC donations from their members and forward them to Mr. Powell at 1459 Michigan Street, NE, Grand Rapids, MI, 49503; tel:616-454-3385. Associations are requested to add a $10.00 PAC donation to their application total, but allow members to opt out of the donation if they so desire. LOCAL ISSUES Battle Creek - The local economy is weak and there are many vacancies. The city had a study done about what to do to improve the jobs in the area. One aspect determined was the poor performance on the workers due to a lack of training and work ethic. The city, along with some local employers, are working on programs to improve productivity and to develop long term career planning for their local workers. They want to train and recycle their workers. The Family Independence Agency (welfare) is having a representative at the work place, so workers do not have to take time off from work to get help with their problems. The Homeless Coalition studied homelessness and determined that one factor was excessive wear and tear on the rental properties by the tenants! They also have a Neighborhood Service Program that is looking at ways to improve city services. The code Inspectors have (finally) determined that there are slum tenants also. Big Rapids - The city has much public housing. They are starting to think about limiting any new subsidized housing construction. The city now requires fire extinguishers in rental properties. Flint (Genesee County) - Inspections are “on the back burner”. The city is collecting the fees but not inspecting properties. The Association is still having trouble with the city concerning Water Affidavits, and weeds being cut without any notice to the property owner. The city of Clio and Burton Township have inspection programs pending. The rental market is tough. Kalamazoo - The rental market is “tough” also. The Housing Dept. is concentrating on “blight” rather than inspecting rentals. The city has a surplus of student housing. Lansing - The city¹s plan to license rental property owners is on hold under a new administration. Delta township has rental property licensing and inspections starting in Jan, 2007. Muskegon - Their economy is weak. Subsidized housing has been overbuilt. A city official who was giving rental property owners trouble has been fired. Oakland County - The REIA of Oakland Pontiac Subgroup is still working on their two suit against the city, one for lack of due process when condemning rentals and the other on excessive inspection fees. Wayne County - Their last speaker, a mortgage broker, gave an excellent presentation on Mortgage Fraud, and how investors can protect themselves from this scam. Next RPOAM Meeting: Monday, October 9 at North Pine Grille, Best Western Motel. exit 93B (just off I-96) at 1:00 PM, Lunch at 12:00 Noon RPOAM WEB SITE: Check out at: http://reiawaynecounty.org/rpoam_michigan.html
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