Rental Review Nov/Dec

Page 1

R

ENTAL EVIEW

THE OFFICIAL NEWSLETTER OF THE SOUTH DAKOTA MULTI-HOUSING ASSOCIATION

PROUDLY SPONSORED BY:

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CONTENTS NOVEMBER/DECEMBER 2023

03

04

06

07

09

10-11

CHAIR’S MESSAGE

UPCOMING DATES

NEW MEMBERS

MAINTENANCE LEGENDS

12-13 TRADE SHOW

JUNK FEES

2023 STATE CONVENTION

16-17

18

CHAPTER NEWS

BUYERS DIRECTORY

SDMHA MISSION STATEMENT:

Advancing the multi-housing industry by providing leadership, education, advocacy and partnerships.

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A LETTER TO YOU Fall is in full swing with winter right around the corner. As the year is winding down, so is my time as your 2023 chair. We’ve had an exciting and busy year with lots of growth and a desire to do our best for the association and you as our members. We had another successful State Convention in October with a great variety of topics and a wonderful keynote speaker. The Education Committee spends a lot of time preparing for this event and making sure we are doing our best to meet the needs of our members. We are always looking for new ideas so let a board member know if you have an idea or want to join our committee! We also had a great group of candidates attend our CAMT training. Thank you to the attendees and instructors for your participation and hard work during this training. Pretty soon a new group of board members will be taking over and I’m excited to see what great things they will do for our association. It has been my pleasure being your chair this year and an honor to work closely with the people in our association and on the board. Thank you for your support and encouragement over the last year. Finally, please let us know if you are interested in being on the board or helping on a committee. We love the new ideas and perspectives that someone can bring, and I want to encourage you all to stop into a committee meeting. We have a variety of committees so I’m sure we can find something that you are interested in and fits your schedule. Thank you for your membership and support of SDMHA! Jody Bjornebo Chair, South Dakota Multi Housing Association

LIVABLE SMART TIP As we reach the coldest months, it’s a good time to do a maintenance check of all the “leakiest”

places in your units. We

don’t mean water leaks, though that’s always a good idea, too. Instead, see where your apartments might be leaking heat. We all know about drafty doors and windows, but electrical outlets and switch plates, baseboards, vents, and even cable and phone line jacks are all potential problem areas as well. Looking for more ways to save? Come save with Livable - learn how we can increase your profit margins today at www.livable.com

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WELCOME N E W MEMBERS: Sioux Falls CHAPTER

Black Hills CHAPTER

Railway Estates

Churchill Apartments

Nielson Properties

DAS Enterprises, LLC

Brookings Chapter

Property Meld

Sunset Complex

Stoney Creek Highlands

Grunewaldt Properties

BAM BAM Management

MEMBERS WE ARE SAD TO SEE GO: EMA Properties

Dakota BedBug Detection

NorthMarq Capital

Marsh & McLennan Agency

Kahty O. Allen

Bangs McCullen Law Firm

MEMBERS

LOOKING AHEAD SDMHA REPRESENTS YOU!

36,295 Total Units • 128 Total Associate Members

NOVEMBER/DECEMBER 2023


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UPCOMING EVENTS NOVEMBER 2023

DECEMBER 2023

2 - Product Services Council

14 - Black Hills Social

7 - Aberdeen Meeting

14 - Board of Directors Meeting

13 - 15 NAA Assembly of Delgates

19 - Brookings Social

15 - Health Connect Mini Summit

25 - Merry Christmas

15 - IntelliRent Webinar 16 - Sioux Falls Meeting 23 - Happy Thanksgiving

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2024 Calendar of Events South Dakota Multi Housing Association JANUARY

FEBRUARY 1 - Product Services Council Mtg 8 - Black Hills Meeting 13 & 14: Breath of Fresh Air

14 - Black Hills Meeting 18 - Sioux Falls Meeting

MARCH 14 - Black Hills Meeting 19 - Brookings Meeting 21 - Sioux Falls Meeting

15 - Sioux Falls Meeting 12-13: Advocate in DC 13-17 - Property Mgr Licensing

APRIL

MAY

10 - Great Shots Extravaganza

2 - Product Services Council Mtg

11 - Black Hills Education Blitz

9 - Black Hills Meeting

JUNE Black Hills Golf

16 - Sioux Falls Meeting

18 - Brookings Meeting 20 - Sioux Falls Meeting

19-21 - Apartmentalize

JULY

AUGUST

SEPTEMBER

1 - Product Services Council Mtg 11 - Black Hills Meeting

8 - Black Hills Meeting 15 - Sioux Falls Meeting

12 - Black Hills Meeting 17 - Brookings Meeting 19 - Sioux Falls Meeting

Office Closed 11-18

25-27 - NAA Cultivate 11-15 - Property Mgr Licensing

0

18 - Sioux Falls Meeting

OCTOBER

NOVEMBER

DECEMBER

15 - Board of Directors

16 & 17 STATE CONVENTION

14 - Black Hills Meeting 21 - Sioux Falls Meeting

4-6 NAA Assembly of Delegates

NOVEMBER/DECEMBER 2023

12 - Black Hills Social


FTC Announces Proposed Rule on Junk Fees The Federal Trade Commission (FTC) has announced a notice of public rulemaking, which would prohibit “hidden and falsely advertised fees” and require all-in pricing across industries, including rental housing. The agency’s move comes as a part of the Biden-Harris Administration’s ongoing efforts to crack down on junk fees and bring down consumer costs, aligning closely with their work on the Blueprint for a Renters Bill of Rights. Read the National Apartment Association’s digest of the proposed rule. NAA has always encouraged transparency throughout the leasing process and tenancy. However, the federal government’s proposed actions interfere with legally binding lease contracts, ignore the realities of leasing, and threaten the availability and affordability of rental housing. If implemented, the proposed rule would: ● Prohibit “hidden fees” - covered businesses that offer goods and services to consumers would be prohibited from advertising prices that hide or leave out mandatory fees; and ● Prohibit “misleading fees” - covered businesses would be prohibited from misrepresenting fees and be required to disclose upfront the amount and purpose of the fees and whether they are refundable. NAA and SDMHA continue to monitor this movement.

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2023 State Convention DAY 1

NOVEMBER/DECEMBER 2023


Day 2 Joe Santos SDSU

w w w. S D M H A . c o m 1 1


TRADE SHOW NOVEMBER/DECEMBER 2023


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RENOVATION SATISFACTION Looking for the warm glow of a job well done? Streamline your process this renovations season when you partner with Ferguson Facilities Supply. We’ll deliver everything you need, right when you need it, so you can bask in that warm glow as soon as possible. Visit ferguson.com/renovations to start saving on renovation supplies.

NOVEMBER/DECEMBER 2023


City of Sioux Falls Building Permit Data January through October 2023

Number of Permits Issued Total Value of Permits Issued

2021

2022

2023

6,384

10,388

6,687

$917,834,801 $1,774,138,229 $964,262,376

New Residential

$272.2M

$231.6M

$168.9M

Residential Addition & Remodel

$61.5M

$123.6M

$89.7M

New Commercial

$343.8M

$1,093.0M

$500.1M

Commercial Addition & Remodel

$240.3M

$326.0M

$205.6M

Totals

$917.8M

$1,774.2M

$964.3M

Manufacturing

$60.4M

$89.0M

$96.1M

Office, Institutional, Educational

$43.3M

$228.2M

$73.9M

Apartments

$204.1M

$470.8M

$208.8M

Other Commercial (Strip malls, Hotels, Restraurants)

$36.0M

$305.0M

$121.3M

Totals

$343.8M

$1,093.0M

$500.1M

Single-Family Units

782

612

381

Duplex Units

4

0

0

Townhome Units

414

388

322

Multiple Family Units

1595

3255

1563

Totals

2,795

4,255

2,266

Manufactured New Housing Placements

49

74

47

New Commercial

New Residential

Source: Building Service Division. For Question, call 367-8670.

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SDMHA BUYERS GUIDE SIOUX FALLS CHAPTER ADVERTISING RENT....................................................................................................................... 678.421.3000 ARVIG MEDIA.......................................................................................................... 507.829.3683 COSTAR GROUP........................................................................................................ 612.799.2733 MY RENTERS GUIDE................................................................................................. 605.221.1030

APPLIANCES

DENNY’S APPLIANCE................................................................................................ 605.261.9314 KARL’S TV & APPLIANCE INC..................................................................................... 605.336.3244 MAHLANDERS......................................................................................................... 605.336.7798

APPRAISAL SERVICES

CB RICHARD ELLIS................................................................................................... 605.201.0684 ELWOOD & MARTIN APPRAISALS, LLC........................................................................ 605.271.0351 ROGERS APPRAISAL SERVICE, INC............................................................................. 605.331.0144 SHAYKETT APPRAISAL COMPANY INC........................................................................ 605.332.3553

ATTORNEY SERVICES

CHRISTOPHERSON,ANDERSON,PAULSON & FIDELER.................................................. 605.336.1030 BREIT & BOOMSMA P.C............................................................................................. 605.336.8234 LYNN, JACKSON, SHULTZ & LEBRUN, PC..................................................................... 605.332.5999

BANKING SERVICES

BANK MIDWEST....................................................................................................... 605.444.2081 CENTRAL BANK........................................................................................................ 605.782.1820 CORTRUST BANK...................................................................................................... 605.444.4038 DACOTAH BANK....................................................................................................... 605.367.6412 FIRST DAKOTA NATIONAL BANK................................................................................ 605.333.8218 FIRST INTERSTATE BANK.......................................................................................... 605.336.4442 FIRST PREMIER BANK.............................................................................................. 605.357.3039 FIRST SAVINGS BANK............................................................................................... 605.977.4120 FRONTIER BANK...................................................................................................... 605.332.3832 MINNWEST BANK.................................................................................................... 605.323.3865 SECURITY NATIONAL BANK....................................................................................... 605.977.9005 THE FIRST NATIONAL BANK IN SIOUX FALLS............................................................... 605.357.7665 WELLS FARGO BANK................................................................................................. 605.759.7359

BUILDING SUPPLIES

WEATHER-TITE EXTERIORS....................................................................................... 605.939.0208 CONTRACTORS SIDING, WINDOWS & ROOFING SUPPLY............................................... 605.334.7070

CABLE & INTERNET

CLARITY TELECOM.................................................................................................... 605.306.2667 QUANTUM FIBER..................................................................................................... 605.215.5862 TRAVIS ELECTRIC, INC.............................................................................................. 605.528.8728 MIDCO.................................................................................................................... 605-791-7121

CARPET CLEANING/REPAIR/EMERGENCY SERVICES

EDUCATION HEALTH CONNECT OF SOUTH DAKOTA............................................................. 605.371.1000

FINANCING

ERNST CAPITAL GROUP......................................................................................... 605.271.7172 HALL BOOK & TAX................................................................................................. 605.305.5450 NORTHMARQ CAPITAL........................................................................................... 402.343.0468 NORTHPOINT COMMERCIAL FINANCE..................................................................... 678.496.9775

FLOORING & SUPPLIERS

THORNTON CARPET SALES..................................................................................... 605-900-6224 STONHARD........................................................................................................... 800.854.0310

GARAGE DOORS

PS GARAGE DOORS................................................................................................ 701.330.1062

GOVERNMENT

SD HOUSING DEVELOPMENT AUTHORITY................................................................ 605.773.3181 SIOUX FALLS PLANNING & DEVELOPMENT SERVICES............................................... 605.367.8177

HARDWARE & MAINTENANCE SUPPLIES

NYBERG’S ACE HARDWARE.................................................................................... 605.336.6474

INSURANCE

WILCOXON INSURANCE......................................................................................... 605.366.8461 AARON SMITH INSURANCE AGENCY INC.................................................................. 605.361.3515 HEATHER ROWE OFFICE......................................................................................... 605.777.2233 MARSH & MCLENNAN AGENCY............................................................................... 605.231.0841 MARTIN & ASSOCIATES, LLC................................................................................... 605.336.6470 MCKINNEY OLSON INSURANCE............................................................................... 605.339.3147 RIVERVIEW INSURANCE AGENCY............................................................................ 605.498.0305

STATE FARM - CREIGHTON SMITH

LANDSCAPING

WELLER BROTHERS............................................................................................... 605.351.4748 GRASS GUYS LAWNCARE........................................................................................ 605.521.6732

LAUNDRY

BDS LAUNDRY MANAGEMENT................................................................................ 888.286.7810

LIGHTING

YESCO SOUTH DAKOTA EAST................................................................................... 605.696.3576

LOCKSMITH

FRED THE FIXER.................................................................................................... 605.334.5411

LODGING

COUNTRY INN & SUITES......................................................................................... 605.373.0153

PAINT & WALL COVERINGS

SHERWIN-WILLIAMS.......................................................................................605.254.1953 BFB PAINTING, INC............................................................................................... 605.376.7755

PATROL/SECURITY

SMP...............................................................................................................605.334.9357

PEST CONTROL

DAKOTA BEDBUG DETECTION...........................................................................605.951.7127

PLUMBING, HEATING & AIR CONDITIONING

ACE HANDYMAN SERVICES SIOUX FALLS.................................................................... 605.271.0150SERVPRO OF SIOUX FALLS.................................................................... 605.213.3303 CREW...................................................................................................................... 605.965.2727 INTEK CLEANING & RESTORATION............................................................................. 605.334.9716 RAINBOW RESTORATION OF SIOUX FALLS................................................................. 605.271.1111 SERVICEMASTER OF SIOUX FALLS.............................................................................. 605.595.3086 EXTREMELY CLEAN......................................................................................................605.321.8220 BEST CHOICE CLEANING & RESTORATION......................................................................605.334.0633 RESTORATION RX..................................................................................................... 605.759.1531

FRISBEES PLUMBING & HEATING.....................................................................605.338-6321 MOEN............................................................................................................800.628-0569 MIDWESTERN MECHANICAL INC......................................................................605.366.8164

CREDIT COLLECTIONS BUREAU............................................................................... 605.381.5666

PARK & PLAY USA...........................................................................................952.224.1236 JOHNSON FITNESS & WELLNESS.......................................................................952.224.1236

COLLECTIONS CLEANING

TRASH-OUT CREW LLC........................................................................................... ..605.857.5089 POO-PATROL PET WASTE REMOVAL........................................................................ 605.336.2587 THE DRYER VENT CLEANING COMPANY................................................................... ..605.212.4426 SIMPLY FRESH CLEANING...................................................................................... ..605.521.4600

DATA

ALN APARTMENT DATA.......................................................................................... 800.643.6416 RENTAL RESEARCH SERVICES................................................................................. 952.935.5700

NOVEMBER/DECEMBER 2023

REAL ESTATE

CAPSTONE COMPANIES....................................................................................800.746.3175 LEE SCHELLING REAL ESTATE...........................................................................605.582.2119 NAI--SIOUX FALLS...........................................................................................605.357.7100 REALTOR(R) ASSOCIATION OF THE SIOUX EMPIRE..............................................605.334.4752 TAX & MANAGEMENT SERVICES LLC..................................................................605.528.1040

RECREATIONAL EQUIPMENT RECYCLING & SANITATION

MILLENNIUM RECYCLING INC..........................................................................605.336.1744 X100 PIONEER BUILDERS LLC...................................................................................605.359.1968 NOVAK SANITARY SERVICE..............................................................................605.338.7126

RESIDENT SCREENING

INTELLIRENT..................................................................................................812.202.1963 WESTERN REPORTING INC...............................................................................801.417.0420


RESURFACING HARD TOPS OF SOUTH DAKOTA........................................................................605.373.9000

PS GARAGE DOORS........................................................................................ 701.330.1062

GOVERNMENT

ROOFING

SD HOUSING DEVELOPMENT AUTHORITY........................................................ 605.773.3181

RAINTITE ROOFING & CONSTRUCTION............................................................ 605.381.2277 BUILT RIGHT CONSTRUCTION & ROOFING.........................................................605.484.1938 LIGHTNING EXTERIORS...................................................................................605.305.5463

STATE FARM INSURANCE- ANDY A. AINSLIE AGENCY........................................ 605.348.3338

SEWER DRAINING CLEANING

AROUND THE CLOCK/DRAINMASTER.................................................................605.335-0384

INSURANCE LAUNDRY

BDS LAUNDRY MANAGEMENT........................................................................ 888.286.7810

LANDSCAPING

SOFTWARE

WARNE CHEMICAL & EQUIPMENT COMPANY INC............................................. 605.342.7644

APPFOLIO......................................................................................................805.364.6098 EXACTESTATE PROPERTY MANAGEMENT SOFTWARE..........................................678.535.2041

YESCO SIGN AND LIGHTING SERVICE............................................................... 605.696.3576

TENANT ASSISTANCE

MINNEHAHA CO. HUMAN SERVICES..................................................................605.978.5611 SIOUX FALLS HOUSING & DEVELOPMENT..........................................................605.332.0704 SIOUX EMPIRE HOUSING PARTNERSHIP...........................................................605.339.0942

LIGHTING

PLUMBING, HEATING & AIR CONDITIONING

MIDWESTERN MECHANICAL INC.................................................................... 605.261.6519 MOEN.......................................................................................................... 800.628.0569

MOLD INSPECTION & CLEANUP

TITLE COMPANIES

SERVPRO OF RAPID CITY............................................................................... 605.388-3000

LAND TITLE GUARANTY...................................................................................605.336-1095 STEWART TITLE CO..........................................................................................605.339-3199

DUEMELANDS COMMERCIAL REAL ESTATE...................................................... 701.221-9033

ALL AMERICAN TOWING..................................................................................605.332-3100

JOHNSON FITNESS & WELLNESS..................................................................... 852.224.1236 PARK & PLAY USA......................................................................................... 701.515.0022

LIVABLE.........................................................................................................650.720.5466 CONSERVICE...................................................................................................443.981.0270 MULTIFAMILY UTILITY COMPANY, INC....................................................... 800.266.0968 X 729

SANDERS SANITATION................................................................................... 605.673.3174

TOWING

UTILITY BILLING

WINDOWS

ALL ABOUT SCREENS, LLC................................................................................605.391-4714

REAL ESTATE

RECREATIONAL EQUIPMENT RECYCLING & SANITATION RESIDENT SCREENING

WESTERN REPORTING................................................................................... 801.417-0420 INTELLIRENT................................................................................................ 812.202.1963

RESURFACING

HARD TOPS OF SOUTH DAKOTA...................................................................... 605.373.9000

ROOFING/WINDOWS

SDMHA BUYERS GUIDE RAPID CITY CHAPTER ADVERTISING

BUILT RIGHT CONSTRUCTION & ROOFING....................................................... 605.484.1938 RAINTITE ROOFING & CONSTRUCTION............................................................ 605.381.2277 LIGHTNING EXTERIORS................................................................................. 605.305.5463

SOFTWARE

APPFOLIO..................................................................................................... 805.886.2950 EXACTESTATE PROPERTY MANAGEMENT SOFTWARE........................................ 678.535.2041

TENANT ASSISTANCE

COSTAR GROUP.................................................................................................. 612.799.2733 MY RENTERS GUIDE........................................................................................... 605.221-1030 RENT................................................................................................................. 678.421.3000

PENNINGTON COUNTY HOUSING & REDEVELOPMENT...................................... 605.394.5350 ABERDEEN HOUSING AUTHORITY................................................................... 605.226.2321

KARL’S TV & APPLIANCE................................................................................ 605.343-3610

LIVABLE....................................................................................................... 605.720-5466 CONSERVICE................................................................................................. 443.981.0270 MULTIFAMILY UTILITY COMPANY INC............................................................. 512.963.0971

APPLIANCES

APPRAISAL/REAL ESTATE

PENNINGTON CO DEPT OF EQUALIZATION....................................................... 605.394.2175

UTILITY BILLING

ATTORNEY

BANGS MCCULLEN LAW FIRM........................................................................ 605.343-1040

BUILDING SUPPLIES

WEATHER-TITE EXTERIORS............................................................................ 605.939.0208

CABLE & INTERNET

MIDCO......................................................................................................... 605.797-7121 BLUEPEAK.................................................................................................... 605.306.2667 QUANTUM FIBER.......................................................................................... 605.215.5862

CLEANING

SERVPRO OF RAPID CITY............................................................................... 605.388.3000 RAPID CITY RESTORATION............................................................................. 605.858.2726 THE DRYER VENT CLEANING COMPANY........................................................... 605.212.4426

COLLECTIONS

EXPRESS COLLECTIONS.................................................................................. 605.343.3328

DATA

ALN APARTMENT DATA.................................................................................. 800.643.6416 RENTAL RESEARCH SERVICES......................................................................... 952.935.5700

EDUCATION

HEALTH CONNECT OF SOUTH DAKOTA............................................................. 605.371.1000

FLOORING

FREED’S FLOORS........................................................................................... 605.519-6299 THORNTON CARPET SALES............................................................................. 605.900-6224

GARAGE DOORS

w w w. S D M H A . c o m 1 7


CHAPTER NEWS

ABERDEEN November 7, we will be meeting at the K.O. Lee Public Library, 215 SE 4th Ave in Aberdeen. We are working on the program. Check the SDMHA website events page for up-to-date information. Meeting to begin at 11:30 am with lunch provided.

BLACK HILLS November 9th – NO MEETING December 14th – Holiday Social. Details will be announced soon.

BROOKNGS December Social. Details will be announced soon.

SIOUX FALLS November 16th, Noon – 1 pm at the Pizza Ranch on 41st St. Nate Hall with Hall Book & Tax will be discussing Bonus Depreciation. December 7, 7 am – 9 am, Breakfast Social. Grab breakfast and go. Or stay around and socialize at Villas at Canyon Creek.

NOVEMBER/DECEMBER 2023


RECYCLE RIGHT in the Sioux Falls Region

PLACE THESE ITEMS LOOSE AND EMPTY IN THE BIN

PAPER & CARDBOARD

(shredded paper* in clear, tied bags only)

GLASS JARS & BOTTLES

*shredded paper is only exception to No Bags rule*

DO NOT BAG RECYCLING When in doubt, find out...or leave it out!

PLASTIC BOTTLES, TUBS & JUGS

METAL CANS

Learn more at siouxfalls.org/recycle

1017 East Chambers Street Sioux Falls, SD 57104

If you would like assistance with recycling at your apartment complex, please contact the City of Sioux Falls Environmental Services Division at (605) 367-8600.

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R

ENTAL EVIEW

P O B OX 9 0 3 2 7 • S I O U X FA L L S , S D 5 7 1 0 9

FREE MINI VIRTUAL EVENT Wednesday, November 15, 2023

8-11AM (MST) | 9-Noon (CST)

EARN SDREC CEU’s approved for 3hrs. REQUIRED by the SD Real Estate Commission

This mini Summit will help you and your renters get a grip on mental health. Including legal conversations on the impacts of aerosol chemicals (smoking, vaping, marijuana) in properties.

Pre-Registration is REQUIRED by November 8, 2023 siouxfalls.org/livewellsiouxfalls or call Health Connect at 888-761-5437 (toll-free)

CH ANGE SERVICE R EQUESTE D


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