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Com - May/June 2024","","May/June 2024 issue of a regional multi-housing industry publication from SDMHA (South Dakota Multi-Housing Association), including a chair’s message and practical guidance for managing rentals. The issue highlights merit awards, new members and members leaving, a buyers directory with Sioux Falls and golf-related listings, and a Livable Smart Tip focused on reducing tenant turnover costs. 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Com  \nCONTENTS  \nMAY/JUNE 2024  \n03  \nCHAIR’S MESSAGE  \n07  \nMANAGING YOUR RENTALS  \n13  \nMERIT AWARDS  \n04  \n16 17  \n\n| NEW MEMBERS\u003Cbr>10 |\n| --- |\n| CALP\u003Cbr>- |\n\nBUYERS DIRECTORY  \n05  \nSIOUX FALLS RENTAL PROPERTY OWNERS  \n11  \nSIOUX FALLS GOLF  \n19   \nBLACK HILLS GOLF  \nSDMHA MISSION STATEMENT:  \nAdvancing the multi-housing industry by providing leadership, education, advocacy and partnerships.  \n\n| |  |  | MyRenters Guide. Com |  | Receive Professional Photos, Videos and 3DMatterport Tours to make your properties stand out!\u003Cbr>ASK ABOUT OUR PERSONALIZED |\n| --- | --- | --- | --- | --- | --- |\n| [MyRentersGuide.com / Michels Digital Solutions](MyRentersGuide.com / Michels Digital Solutions)\u003Cbr>[Affordable Packages | Real Time Communication](Affordable Packages | Real Time Communication)[ ](Affordable Packages | Real Time Communication)Effective Advertising with Trackable Results |  |  |  |  |  |\n| SIOUX EMPIRE\u003Cbr>MyRenters  [Guide.com](Guide.com)\u003Cbr>[APARTMENTS](APARTMENTS), SENIOR LIVING, TOWNHOMES, ETC . SPRING 2023 VOLUME XXII ISSUE 2 | SEE PAGE 42\u003Cbr>Scan to see more! | |  | DIGITAL CAMPAIGNS!\u003Cbr>Retargeting YOUR prospects back to YOU!\u003Cbr>NO LONG-TERM CONTRACTS.\u003Cbr>MOBILE FRIENDLY.\u003Cbr>VERIFIABLE RESULTS.\u003Cbr>CONTACT YOUR MARKETING TEAM TODAY!\u003Cbr>(605) 221-1030\u003Cbr>[sales@myrentersguide. com](sales@myrentersguide. com) |  |\n| WWW.SAMUELSONDEVELOPMENT.COM |  |  |  |  |  |\n\nMAY/JUNE 2024  \nA LETTER TO YOU ~~ ~~  \nCHAIR MESSAGE  \nFor those of you who love the sun, spring is here! For those of you who love the cold, sorry, summer is coming. Whether you enjoy heat or cold, the spring rental season has started! Wishing you all of the best in getting your properties filled!  \nThis may be news that you already know, but if you didn’t, SDMHA is an affiliate of the National Apartment Association. NAA works on a national level to provide legislative support, resources, and updates on hot issues. Be sure to visit [them at NAAHQ.org](them at NAAHQ.org) to learn more and explore how they support us!  \nIn March the NAA held it’s annual “Advocate” convention in Washington, DC. Denise Hanzlik, Jill Madsen and I had the privilege of joining other Multi-Housing Affiliates from across the nation in Washington, DC. We had updates on national issues, met with the staff members of our Senators and reviewed successes and concerns with them. SDMHA was 1 of 7 Affiliates that was awarded the Excelling Affiliate award – great job SDMHA!  \nSpeaking of awards, wishing a big congratulations to ALL the winners and nominees at this year’s Merit Awards. We have a very talented group of people in our industry! See page 19 for pictures.  \nBe sure to watch for upcoming education regarding changes in South Dakota legislation that will affect the eviction process. SDMHA is reviewing the legislation and will be offering information inan upcoming lunch meeting this summer to help you navigate these changes.  \nAnd as always! Be sure to contact us if you are interested in any of our committees, we would love to help you get involved!  \n'ƌŽǁŝŶŐ ƚŽŐĞƚŚĞƌ͊  \nLydia Freedon  \n􀀒ŚĂŝƌ͕ ^ŽƵƚŚ 􀀘ĂŬŽƚĂ DƵůƚŝͲŚŽƵƐŝŶŐ 􀀄ƐƐŽĐŝĂƚŝŽŶ  \nLIVABLE SMART TIP  \nTenant turnovers are a fact of life, now more than ever. But Rentprep offers some easy ways to reduce turnover, from having a strong screening process to creating positive relationships with residents. Another helpful suggestion is to determine your average tenant turnover rate and the typical cost per turnover. Budget this amount into your bottom line so turnover expenses don’t take you by surprise. Looking for more ways to save? Come save with Livable-learn how we can increase  \n[your profit margins today at www.livable.com](your profit margins today at www.livable.com)  \n[www. SD M HA . com 3](www. SD M HA . com 3)  \n\n| WELCOME NEW MEMBERS: |  |\n| --- | --- |\n| Sioux Falls CHAPTER\u003Cbr>Skyline Construction\u003Cbr>Premier Systems Glory House Apartments Brush It On Painting Jacobs Homes Atlas Gut","cbCaisc5qalI1Cfi","https://ap.wps.com/l/cbCaisc5qalI1Cfi","pdf",5518381,20,"English","# Chair’s Message\n# Managing Your Rentals\n# Merit Awards\n# Buyers Directory\n# Sioux Falls Rental Property Owners\n## Permit Requirements\n# Livable Smart Tip","[{\"question\":\"What is the purpose of SDMHA according to the mission statement?\",\"answer\":\"SDMHA’s mission is advancing the multi-housing industry by providing leadership, education, advocacy, and partnerships.\"},{\"question\":\"Which property owners and managers must obtain a Sioux Falls residential rental permit?\",\"answer\":\"As of January 1, 2024, all property owners and managers of long- and short-term residential rental units must obtain a permit from the City of Sioux Falls, regardless of their previous registration status.\"},{\"question\":\"What definitions does the issue give for residential rental units and short-term rentals?\",\"answer\":\"Residential rental units include any building, structure, and land rented as a place to live or used as a short-term rental. Short-term rentals are homes/cabins or similar buildings rented to the public on a daily or weekly basis for more than 14 days in a calendar year and not occupied by the owner or manager during the rental period.\"}]","MyRenters Guide. Com - May/June 2024 | PDF",7]