ELLO EVERYONE ‘Unit’s of News’ - TUSC REIA - … 2008 Newsletter.pdf · · 2012-03-22REAL...

Volume 7, Issue 4

May 2008

March General Meeting Scheduled

• Date: Thursday— May 8th, 2008

• NEW 2008 Location: Linn, Hert, Geib Family Center East High Avenue, New Philadelphia, OH 44663

• NEW Time: 7pm. to 9pm. General Meeting starts promptly at 7pm.

• Evening Sponsors: Door Prize: Dave Moledor, ProSource Wholesale Floorcoverings Refreshments: Chris Hopkins will share her Trade Show prize.

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2008 Contacts & Benefits 2

2008 Members listings 3

Business Internet Links 3

Newsletter Advertising Rates 3

March 2008 Secretary notes 4

Vendors Trade Show, April 9th 4

OREIA Leadership Conference 5

Rehab, Repair & Maintenance 6

Stark Cty. & Akron-Canton REIA 7

Business Card Advertisements 7 & 8

Vendor Trade Show Winners Listing 9

Inside this issue:

Thoughts from our President... Mike Baker, 2007 & 2008 TuscREIA President

TuscREIA

P.O. Box 483,

New Phila OH 44663

ATTENTION NEXT TuscREIA Officers & Advisory Board Meeting Scheduled: Date & Time: 06/12/07 @ 6:30pm. Location: New Phila Buehlers Restaurant

May Guest Speakers & Topics: Dave Moledor of ProSource: (new business member)

Information what is best to use in our rentals and what are the different types of floor coverings available. Products & services ProSource can provide.

Ask the Experts: Panel Discussions will take place concerning several different topics which were deter-mined from our members. Bring your questions & be

ready to take notes.

• Evening Sponsors: Door Prize: Dave Moledor, ProSource

• Refreshments: Chris Hopkins, A.B. member

HELLO EVERYONE,

Spring has sprung and we're all busy outdoors. It seems we went from winter to summer. It's been so warm no one wants to go in the house until way after dark. Our 3rd vendor show was another success. If you didn't attend, you missed out. Lots of good information and plenty of door prizes. The show was a lot of work but well worth it. In light of everyone's busy schedule and the effort it took to put the trade show on, the Advisory Board decided to have an open forum for our next meeting. Since we won't be having a speaker, we'll have a round table discussion on whatever you want. If you're curi-ous about how to handle landlord-tenant issues, where to get good deals on products and supplies for your investment prop-erties, or who is a reliable handyman to hire, come to the meeting and get information or share your information and experiences with us. We'll be meeting at our usual place. The Linn-Hert-Geib Family Center at 116 2nd St. N.E. New Phila May 8th at 7:00. See you there.

Sincerely, Mike Baker

TuscREIA CONTACT INFORMATION—January thru December

2008 Officers

President Mike Baker 330/343-3332 [email protected]

Vice President Patty McCreery 740/922-0319 [email protected]

Treasurer Linda Sherer 740/922-1168 [email protected]

Secretary Jack Jones 330/339-3227 [email protected]

2008 Advisory Board

Andy Lee 330/339-4708 Tom Wiegand 330/364-6873

Jack Lewis 330/340-1861 John McCreery 740/922-0319

Chris Hopkins 740/922-4028 Bryan Mitchell 330/756-2695

Newsletter Articles & Info Terri Jones 330/339-3227 [email protected]

OREIA Delegates Jack Jones Bryan Mitchell Jack Lewis, alternate

BENEFITS & SERVICES PROVIDED TO TuscREIA MEMBERS WEB SITE: www.tuscreia.com Current forms, newsletters, evictions, court forms, benefits, for sale/for rent ads, & contacts are all located on the web. Contact Terri Jones [email protected] for your user name & password. NEWSLETTER: Members will receive a newsletter prior to each general meeting. Information within the newsletter will update members on items of interest since the last meeting. ADVERTISE YOUR BUSINESS: Members can place an ad in our newsletter and on our web site for their busi-nesses. Drop off, email or fax your Ad. (i.e. business card or other). Please call Terri Jones for advertising fees. CREDIT REPORTS: Price $11.00 per person beginning 12/01/07. Fax a completed ‘Application to Rent’ (Rev 11/2004) to our 24-hour fax line 330/602-8902. PLEASE NOTE, the information sent to us MUST be readable The applicant must supply us with complete name, social security number, birth date and current physical address. Signatures of all applicants and the owner/agent along with a return fax number or email address must accompany the request. An Invoice will be sent along with your credit report and must be paid within 30 days or a 10% increase will be added. EVICTIONS: We currently run a report approximately every 60 days for Tuscarawas County. If you think you are missing an update check our web site www.tuscreia.com or please contact Linda Sherer @ 740/922-1168 or email [email protected]. The information is supplied by Tuscarawas County Public Records. TuscREIA provides this in-formation as a ‘Business Tool’ and should not be held liable for discrepancies. Any errors should be dealt with directly though the county courts. NEW MEMBER PACKETS: New members will receive our 3-Ring Notebook with all forms, master evictions and legal notices. Contact Jack Lewis 330/340-1861 or email [email protected] for further information. Questions re-garding rentals, procedures, evictions, etc., please feel free to contact any officer or advisory board member for help. WEB SITE: A permanent user name & password will be given to each new member which will enable the member to ac-cess the ‘Members info’ section of the web site. The password also acts as the members personal ‘Membership Number’. BUSINESS MEMBERSHIP: There are 3 levels of Business Membership to choose from. Contact Jack Lewis 330/340-1861 or email [email protected] for the Business Membership Application and further information on which level best suits your company. ANNOUNCEMENTS: Births-Surgery-Get Wells-Deaths, please contact Terri Jones. Your help is appreciated MEMBERSHIP APPLICATIONS: (General or Business) are located on our web site at the bottom of the home page.

Through education &

experience all things are possible.

VOLUME 7, ISSUE 4

User Names & Membership numbers have been given to all TuscREIA general members.

Each member has been issued a personal user name & membership num-ber and this information will be the access to the ‘members info’ tab on the TuscREIA web site. You will not be able to access the membership forms, evictions, and court information without them.

Please contact Terri if you haven’t received yours. Email: [email protected] Phone: 330/339-3227

VOLUME 7, ISSUE 4

2008 Members (*new members)

Renewal: 111 *New: 4 Business: 9 Officers & Advisory Board: 10

Total Members as of 04/20: 134

‘TuscREIA

Membership

Number

2008 TuscREIA Membership recap

Business Members

Citizen’s Bank—Carol Rambaud Clean 4 You—Roy & Carla Dowdell

McInturf Realty—S. Penny Triplett Black, McCuskey, Hanhart, Deeds & Bauer

American Title—Sally Dorn Farsight Mgt, Inc.—Bob Bennett

Sherwin-Williams—Jim Kopras www.tuscreia.com

ProSource—Dave Moledor

Speedie—Andrew Cregan Residential Trenching—Brent Gent

www.tuscreia.com LINKS FOR YOUR BUSINESS. http://www.legislature.state.oh.us/ A Complete List of Your 2007 Ohio General Assembly, Ohio State House Mem-bers and Ohio Senate Members.

State of Ohio link to the Landlord / Tenant Law: http://codes.ohio.gov/orc/5321 WE should all know this law inside & out for our protection as business owners & for the tenants protec-tion as our clients.

TuscREIA—2008 Newsletter Advertising Rates. DO YOU HAVE A ‘BUSINESS FOR HIRE’ THAT TUSCREIA MEMBERS COULD BE USING? Advertise your business to other TuscREIA members. We receive calls from our mem-bers looking for different jobs to be hired out and ask if we have members who provide these services. Your ad: Call Terri to place your ad: Phone: 330/339-3227, Fax: 330/308-5303 or Email: [email protected]. 2008 General Meeting dates: May 8th, July 10th & Sept. 11th

Ad Size (Approx.) 1 Issue

(One month)

3 Issues

(Three Months)

6 Issues

(Six Months)

1/8 page. (2”x3 1/2”) $ 10.00 $ 18.00 $35.00

1/4 page. (4”x3 1/2”) $ 20.00 $ 45.00 $ 85.00

1/2 page. (4” x 8”) $ 30.00 $ 85.00 $ 162.00

Full page. $ 40.00 $ 125.00 $ 235.00

Business Card on the Web Site. ($35 set up)

$ 35.00 $30.00 per mo. $25.00 per mo.

Business cards for the above businesses are at the end of this newsletter.

Clear your mind of ‘can’t’. - Samuel Johnson

TuscREIA is a NOT FOR PROFIT educational organization and investors should consult an attorney and/or accountant before making any

investment or legal decisions. All members and guests assume the risk of making their own investment decisions. TuscREIA does not

endorse any person or organization or the advertisers appearing in this newsletter. Its programs are designed to be educational, moti-

vational and enjoyable. AS a member of TuscREIA you are also a member of the state association, OREIA, and the national association,

NaREIA. Web site for OREIA is www.oreia.com and web site for NaREIA is www.nationalreia.com.

Tuscarawas Cty. Real Estate Investors Assoc, P. O. Box 483 New Philadelphia, OH 44663

Phone: See Contacts Page Fax: 330-602-8902 E-mail: [email protected]

March 2008 TuscREIA Secretary Notes…

The Tuscarawas County Real Estate Investors Association (TuscREIA) held our 2nd general meeting in 2008 at our new location, The Geib Family Center on East High Avenue, New Phila. Our guest speakers for the evening were attorneys from the law firm of Black McCuskey Hanhart Deeds & Bauer. Atty. Dave Hanhart & Atty. Bob Preston discussed topics discussed of eviction proc-ess & collections from beginning to end and 1031 exchanges for real estate. Numerous questions were ask and answered for those in attendance. Both attorney’s welcome any TuscREIA member to contact them for further information. Please make sure to let them know when you call you’re a TuscREIA member. Refreshments and the door prize was provided by Sally Dorn at American Title Co. Steve Sherer was the evenings door prize winner. Congratulations Steve. The officers and Advisory Board set up two work sessions (03/27 & 04/07) to help complete items prior to the main event. Respectfully submitted, Jack Jones /2008 TuscREIA Secretary

TuscREIA Trade Show, April 9th, 2008 The Tuscarawas County Real Estate Investors Association (TuscREIA) held our 3rd Annual Vendor Trade Show for 2008 at a new location, the New Philadelphia Elks.

Chairperson for the event was Jack Lewis. Jack provided placement information for all the vendors, vendor table assignments were handled by Chris Hopkins and visitors check in was handled by Linda Sherer. Jim Hopkins & Joyce Evans were in charge of the drinks. Jack Jones provided the MC services for the evening and Andy Lee manned the TuscREIA table. The rest of the officers & volunteers, as follows, helped wherever they were needed. Pat & John McCreery, Terri Jones, Michele McCreery, Bryan & Nellie Mitchell, Mike Baker. The New Phila Elks made sandwiches for the vendors and set up volunteers prior to the evenings event. The New Phila Elks and their employees were a great help through out the evening.

Over $2000.00 in Vendor & TuscREIA door prizes were given away to those who were present for the draw-ings. There were many new faces in attendance this year including some visiting from the Stark County REIA & Akron Canton REIA.

The officers would like to thank all who attended and a special thanks to all who helped put on such a won-derful show and the vendors who were so generous with their door prizes. Trade Show Booklets are still available for the membership and will be on display at the next general meeting in May. Respectfully submitted, Jack Jones /2008 TuscREIA Secretary

OREIA LEADERSHIP RETREAT February 29 thru March 3, 2008 Ohio Real Estate Investors Association held its annual Spring Leadership Re-treat on Feb. 29 – March 2 at Mohican Resort and Conference Center. We did question if it really was the “spring” retreat, since it snowed something terrible on Friday as everyone was converging on Mohican via dark and winding roads! Representing our group were Jack & Terri Jones, Jim & Chris Hopkins, and Bryan & Nellie Mitchell. Theme for the event was “Politics Makes Strange Bedfellows” and there was much to be learned.

OREIA President Tim Jones opened the session with a State of the State Ad-dress, including an overview of the current mortgage crisis in the US. Mi-chelle Wells, OREIA Legislative Director and a member of the Mahoning Valley REIA, spoke on “The Path of a Bill” and provided an overview of how a bill becomes law. She noted that there were currently 63 bills before the Ohio legislators that should be of interested to real estate investors and landlords.

Regarding HB 103 – Unpaid Water Rates – she noted the current status: 1/10/2008 – substitute bill ac-cepted. The group then participated in a mock Committee Hearing for HB 88 – Carbon Monoxide Detec-tors – current status: 3/27/2007 – Commerce and Labor (First Hearing). The Committee Hearing in-cluded sponsor testimony, proponent and opponent testimony with those testifying having 2 minutes to plead their case.

Bob Gibbs, State Representative 97th House District and Chair of the House Ways & Means Committee, discussed the state budget and impending financial shortfall by the end of the current biennial budget year and answered questions from the group.

Holly Johnston-Cook, Ohio Department of Commerce Division of real Estate & Professional Licensing spoke about real estate & appraisal licensing. She touched on some recent fraud cases her department is in charge of & shared the division’s website address http://www.com.ohio.gov/real

Rounding out the afternoon were Brooke A. Cheney, President and CEO of Governmental Policy Group Inc., who discussed the state budget, the make up of the current general assembly and the number of new faces filling those seats.

The afternoon wrap up was presented by Attorney Jonathan Dever of Greene County, who owns and op-erates Real Estate Legal Wizard.com with practice areas including real estate, business, estate planning and asset protection. He discussed the sub prime mortgage mess and how it all got started. There’s a lot of interesting information on his website at http://www.realestatelegalwizard.com/

The annual banquet Local Recruiters and Volunteer Leaders from each Chapter were honored. TuscREIA Recruiter was Terri Evans-Jones and the honored Volunteer was Bryan Mitchell. Terri also received hon-orable mention for her work as editor of the TuscREIA newsletter ‘Units of News’! Our newsletter won out over all OREIA Assoc.

Way to go, Terri!

The event wrapped up Sunday morning with Leader-ship Breakouts the ORIEA Board meeting, which Jack & Terri and Bryan & Nellie Mitchell attended. Round Table discussions were held concerning communica-tion, legislature, commerce, officer leadership, & pro-gramming. The OREIA Quarterly Board Meeting was held beginning at 1pm which both the Joneses and the Mitchell’s attended.

Respectfully submitted by,

Chris Hopkins-2008 Advisor

Property Rehab, Repair & Maintenance Tips - Carpet & Flooring Jack Lewis, Advisory Board. Part 1

I like to fix up my rental units when I first buy them doing all the necessary repairs and upgrades so, except for tenant damage and normal wear and tear, I don’t have to mess with anything for five years. It’s a lot eas-ier to do all of this when the unit is empty. The one major thing that may have to be replaced within this five year period is carpet. One of the questions you should ask on your rental application is “Do you own a vac-uum cleaner?” Think about it, if they don’t have one?? Even if they have one maybe we should ask if they know how to operate it. As with paint if you own multiple units pick one color, style and grade of carpet and vinyl for all of your units. This way you will always have spare pieces to repair flooring in any house. You can always get a better price if you buy a complete roll of carpet and vinyl. This works out great if you have a place to store it and then your installer can just cut off what he needs for his work. Some of the flooring wholesalers will even store the rolls for you and your installer can just go there and cut what he needs. Before new carpet can be installed the old must come out. Carpeting can be heavy and bulky to tear out and can be even worse if it is glued down. Invest in a good quality razor knife. There are several out there. I bought a folding one with a lockable blade and a thumb pad on top for about $11. It clips to my pocket and is so handy. Cut the carpet into strips about 25” wide and pull it up. I know some landlords who gave up on carpeting altogether. They simply got tired of the expense of con-stantly having to replace worn out and damaged carpeting. Pull up the carpet and padding. If you are lucky you may find hardwood floors. If they are in good shape sand, stain with a dark color and apply 2-3 coats of polyurethane top coat. This will look great and last a long time. If damaged you just sand, repair and refinish small areas. If the floors are not hard wood but some kind of wood other than plywood or OSB they can usu-ally be cleaned, repaired and painted dark brown and then use the same polyurethane top coat. Polyure-thane applies as a translucent milky color and dries clear. Lightly sand between coats and in the end you will have great looking floor with a very hard but easily cleaned surface. Let the tenants supply their own rugs if they want to. Consider only finishing the exterior couple of feet and put a throw rug in the middle of the room slightly overlapping the finished area. Painting Tip: When painting floors first “cut in” the exterior using a brush and then use an extension pole to roll the paint on the rest of the floor. This goes really fast and saves your back and knees. You may be able to use the handle from an old broom or mop if it is threaded on the end saving you from buying a new pole. To give a lower end rental a higher end feel use quality padding and cheaper carpet. It will have that “bouncy” feel of more expensive carpet. Consider using the same padding but install commercial carpet. Commercial carpet is less expensive and is easier to clean. Use a darker color to hide stains. Think about not using any padding at all or use the commercial kind that has the padding and carpet bonded together. You can very cheaply cover stairs and hallways with runners. They are 24” wide can be installed with double stick carpet tape or tacked down. I can still remember my grandparent’s house having runners and throw rugs throughout their house.

A tool you should consider investing in is a manual carpet kicker. You can usually get them at a place like Harbor Freight or on the internet for $30-50. As carpets wear they stretch and get wrinkles. The tool has small spikes that grab the carpet while you use your knee to kick the tool’s padded end stretching the carpet and pulling out the wrinkles. It just makes a room look better without the wrinkles. Do you know why there are no old carpet installers? It’s because they have bad knees. It’s one of those jobs I would not want to do for a living.

Part 2 to be continued in the July 2008 Newsletter

WE’RE LINKED. Check on the home page of TuscREIA at the bottom we have now included business cards. You can click on these business cards and we have linked them directly to the ad-vertiser web site. Take a second to check it out the next you visit www.tuscreia.com

What’s HAPPENING AT:

Stark County Real Estate Investors Assoc.—SCREIA www.starkreia.com Meeting Location: Nazir Grotto Hall, 1717—16th St SW, Canton OH

Akron-Canton Real Estate Investors Assoc.—ACREIA www.acreia.com Meeting Location: Masonic Complex @ 1-77 & Rt 18, 91

330/878-5423 330/447-1084

April 9th, 2008

2008 TuscREIA Vendors Trade Show winners: Allstate Insurance Company Annette Parks Craftsman RotoTool

Bear Carpet One Donna Kinsey 5x7 area Carpet

Clean 4 You Nancy Schoeppner Fancy Basket w/supplies

Connolly, Hillyer & Welch Title June Blackwell $35 Lowes gift card

Enviro-Way Solutions Bob Starkey Electronic Air Cleaner

EverDry Waterproofing Dan Kinsey $35 Gas gift card

Family Reiki Dave Moledor $45 Gift 1 Visit

Famous Supply JoDee McKibben Fleece pillows, umbrella & brass lock set

First Federal Community Bank Lori Caughey Duffel bag & Lowes gift card

First National Bank Bryan Mitchell Flower/Schoenbrunn Landscaping gift card

Full Service Property Inspections Steve Beans $25 Home Depot / $15 Starbucks

L M Hayberg Restoration Chris Hopkins $35 Sweet Shop

J & J Etc. Marsha Labus Wireless Network Card

Keogh Properties Terri Jones $25 Home Depot

Lincoln & Things Kurt Ragsdale Power Inverter & 2 hats

McInturf Realty Lila Wohlward 2 Cleveland Indians tickets

Mallannee Fishing Charters David Yoder Fishing reel, lures & items

Ohio Regional Dev. Corp Toni Kaultenbaugh $25 Lowes

Fern Kinsey $25 Lowes

Operation House ID Scott Julian Reflective Sign

Proper Pet Testing Connie Volzer Gift Cert for Pet Testing

ProSource Wholesale Floor Chad Milachek Floor care kit

Residential Bancorp Brent Gent 43pc. Handiman tool kit

Residential Trenching John McCreery Mini tool grinder

Rapid Occupancy Claudia Duerr $25 Macaroni Grill gift card

Sherwin-Williams Kim Philips Cordless Drill.

Signs To Go Donny Heck Tote Bag, $25 gift card & misc items

Speedie Sewer & Septic Serv. Sandy DeMatio 5 pc. Grill set

Statewide Heating & Cooling Janet Stear Programmable Thermostat

Lori Beans Programmable Thermostat

Student Development Painting Andrew Cregan $35 Sherwin-Williams gift card

TDS-1 Appraisals Ann Seidena Smoke Detector & appliance cart

Top Agents Real Estate Michele McCreery $25 Gas gift card

HL Smith $25 Lowes gift card

Tusc. Metro Housing Authority PS Blackwell Key cabinet

Barry Walker 5 coupons for Super Gems Car Wash

Usborne Books @ Home Connie Collins $25 Pet Grooming & Book: How Big is a Million?

TuscREIA ProSource & Sherwin Williams Business card ads on our web site

Famous Supply 1 yr. Business Membership

ELLO EVERYONE ‘Unit’s of News’ - TUSC REIA - … 2008 Newsletter.pdf · · 2012-03-22REAL...

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