Independent Rental Owners Meeting
Independent Rental Owners Council presents:
Loan Programs for Small Investors
A panel of special guest speakers include:
Patrick Adams
President / CEO
T-Bank
Jay A. Porterfield
Director
Arbor Commercial Mortgage
lWhat loan programs are available for acquisition, construction, and refinancing for small investors?
lWhat are the loan requirements and qualifications?
lWhat resources are dedicated to smaller real estate clients?
lLearn more about information about the overall financial markets, rates, credit scores, and trends.
lWhat is the difference between our boom and bust financial markets?
lHow can the small investor get into bigger deals with little capital?
Thursday, July 17, 2008.
Lunch / Networking: 11:30 a.m. – 12:00 noon
Meeting: 12:00 noon – 1:00 p.m.
Apartment Association of Greater Dallas
4230 L. B. J. Frwy. Suite # 140 (Midway Road @ L.B.J. Frwy.)
Box Lunch & Beverage Included.
Cost: $12.50 per person
Reservation / Cancellation Date: July 16, 2008.
No-Shows will be billed.
Fax Reservations to (972) 385-9412 or call (972) 385-9091 for reservations
To register for this event, click here.
Our May 17th IROC Luncheon Meeting featured:
Housing Crisis Center
Yvonne Butler, Executive Director
Mary Ann D'Aniello, Attorney
Why do residents contact the HCC for information and support?
What are the most common questions? What are the most common legal services provided?
What can we do to improve our relations with our residents and avoid losing them?
Learn more about counseling, emergency rental, utility and relocation assistance, referrals and support groups.
Services at the Housing Crisis Center (HCC) began in 1978 as the Dallas Tenants’ Association. HCC has since grown to its current continuum of housing programs and services specifically designed to "prevent homelessness and to stabilize the elderly, the disabled, and families with children in decent, affordable, permanent housing, and to empower these groups to be able to solve future housing problems.
Education and Legal Services- Telephone counselors provide legal information and education to tenants. At landlord/tenant workshops tenants can learn more about Texas housing laws and meet with attorneys about specific concerns. Low-income clients who have defensible eviction cases can be represented in court or helped to mediate an agreement by an HCC attorney . There are no fees for these services.
Special thanks to our meeting sponsor:
Blakely Witt & Associates
Contact: Lexy Martin
(972) 288-2106
Our March 2008 meeting featured:
Judge Al Cercone
Justice of the Peace 3-1
Our special guest speaker was the Honorable Judge Al Cercone, Precinct 3-1 First elected in 1992, Judge Al Cercone presides over one of the busiest and most productive courts in Texas . Although his judicial duties include overseeing tens of thousands of civil and criminal cases annually, Judge Cercone, as a department head and concerned public servant, routinely reviews courthouse procedures and implements innovative and cost saving techniques and procedures that enhance efficiency and increase revenues countywide.
Special Thanks to our sponsors:
1031 ADVANCED REALTY EXCHANGE L L C
Grisenia Matos, President
(214) 206-8452
www.1031advancedrealtyexchange.com
MCTAGGART & ASSOCIATES
David A. MacDonald
(214) 468-3028
www.mctaggartlaw.com
Our January 2008 meeting featured:
Taxpayer’s Rights and Remedies
Bill O’Quinn
Alliance Tax Advisors
• Are you paying more than your fair share?
• Property taxes are based on a subjective opinion of value…the word subjective is just that.”
• The Taxation Process
o The Rules
oThe System
o The Process
o The Solution
•Bill O'Quinn, Vice President with Alliance Tax Advisors, LLC, has more than twenty years of valuation and consulting experience in real estate and business personal property. Mr. O'Quinn possesses an extensive working knowledge of multi-state property tax laws and appeal procedures. He has represented a diverse group of property owners and provided property tax representation throughout the United States.
Main Characteristics of Independent Rental Owners (IRO)
n They have their own money invested in the property.
n They have other, full-time jobs.
n They work alone, with no (or few) employees.
n Their subcontractors and vendors are very important to them.
n They may have several types of properties, sometimes spread out geographically.
n The time they can spend on their rental properties is limited.
n They have little time to spend on Association activities and training, so the training must provide direct and immediate value.
I.R.O.C. programs and seminars are conducted specifically for independent rental property owners with less than 100 units. Smaller properties generally require a unique property management style, as opposed to the management style used for properties of larger sizes that can afford full-time management. I.R.O.C. programs:
- Help owners become better informed and educated about superior ways of managing rental properties.
- Expand the network of independent owners to allow for greater communication and information flow.
- Expand among owners technical knowledge, as well as the price, availability, and quality of work of various products and services providers.
There are many areas available for volunteer members to participate including program planning, sponsorships, and program promotions.
2008-2009 Independent Rental Owners Council
2008-2009 Officers & Directors
Chairperson Tod Franklin
Vice-Chairperson Daryl Windland
Second Vice-Chairperson Sharon O’Neal
Secretary Glenda Weaver
Immediate Past Chairperson Scott Plake
Past Chairperson Jon Keith
Past Chairperson Bob Nance
Past Chairperson Patty Smith-Stevenson
Past Chairperson Patrice Jefferson
Past Chairperson Al Daniels
Past Chairperson Sam Holman
Past Chairperson Jack Terrillion
Director-at-Large Jerry Blake
Director-at-Large Billie Gorwood
Director-at-Large Jan Harris
Director-at-Large Festus Okolie
Director-at-Large Susan Radke
For more information on the Independent Rental Owners Council, contact Gene Kriska at (972) 385-9091 or email:gkriska@aagdallas.com
