Another eventful week is coming to a close. As we have been enjoying the Indian summer during the days, the evenings included things such as the Public Hearing for the 2010 Wausau City Budget on Tuesday, and last night was the meeting of the Central Wisconsin Apartment Association in Stevens Point.
The speaker at last night’s meeting was an attorney who did a 90-minute presentation on what type of things insurance covers, and most importantly what is not covered – and how insurance works in general. Most would think this a fairly dry topic, but there were over 40 people in the room and he never lost their attention. A question I had for the attorney regarded potential liability that a landlord could face if the are “negligent” in underwriting tenants which results in “avoidable” criminal behavior. This is a concern because with constant legislative pressure to limit or eliminate CCAP, I worry that keeping criminal activity out of rentals will become more difficult. My question and his answer will be one of the things I talk about on tonight’s Dr Rent Radio Show.
The show is again on the air tonight, Thursday, from 5 PM to 6 PM. In the Wausau area, WNRB-LP is found at 93.3 FM on your radio dials. However, you can also tune in from any where in the world on the internet at http://wausauhmong.org/WNRB.htm.
An interesting question that I really didn’t have a good answer too but gave some suggestions involve what recourse tenants have when the living and habitability conditions in a rental property are sub-par and the landlord doesn’t fix things. According to Jackie at the UW-Extension office, this has become a very frequent complaint. The normal advice of “call the inspections dept” doesn’t work when the property is rural or comes from a small community that doesn’t have an “inspections dept” per se.
For those that were unable to attend the City of Wausau’s budget meeting earlier this week, I will also spend a little time summarizing Finance Director Groat’s presentation. Even though there was only one citizen giving testimony, the budget presentation was very informative and did a pretty good job of taking something insanely complicated and complex and tried to put it out in terms the average citizen/tax-payer could understand.
Also, earlier this week, in the CW Business section of the Daily Herald, there was an article that talked about the high vacancies of rental units in the greater Wausau area, how our rates compare to national rates and what are some local contributing factors to those rates. The findings in this article also prompted an editorial in the WDH a few days later. Although I was one of the people interviewed for this article, I would like to take a few minutes of my show summarizing my thoughts on that particular issue as well.
Coincidentally, a question that I have had to address 3 different times in the last week (including at last night’s meeting in Stevens Point) involves the new rules that were passed last year regarding requiring the installation of carbon monoxide (CO) detectors in residential rental properties. That had been on my list of topics I want to cover on my radio show as soon as I finished discussing the new EPA Renovation Rules that go into effect April of next year.
So, that is tonight’s main show topic. We will talk about CO, CO detectors, and what landlords need to do to ensure they are in compliance when this rule goes into effect with existing structures starting April 1, 2010 (no fooling). As a note, new apartment construction had to comply with these rules already back in October 2008.
I look forward to having you tune into tonight’s radio show, so until then… HAPPY RENTING!