REAC Inspection 101: New Proposed Rules

"This program will have real-life examples of what to look for and how to correct any deficiencies. “A picture is worth a thousand words.” This seminar will go into detail on the UPCS property standard guidelines as well as the Real Estate Assessment Canter (REAC) inspection process. It will contain information on the latest rules and how they are interpreted during an inspection of the property.

The UPCS guidelines are required for LIHTC properties so this course will go into detail so that you may remain in compliance. There will be a number of actual photos of non- compliance items to give you a better understanding of the need for these minimum standards. Learn how to schedule, how to accompany the inspector while at your property and how to stop a REAC inspection in progress if need be.

Join this session by expert speaker Paul Flogstad, where he will discuss how to accompany the inspector while at your property and how to stop a REAC inspection in progress if need be.

Session Highlights:

In this program, you’ll learn how to:

This program will reveal several common misconceptions, such as:

This program will provide answers to these important questions:

What are the latest updates to UPCS rules
How are these rules interpreted
How often will we be inspected?
What do the scores mean?
What are my rights during an inspection?
What are Exigent Health and Safety Items and how are they mitigated?
How do I get a copy of the report?

Why You Should Attend:

You will come away with an understanding of the rules pertaining to REAC as well as the entire inspection process. This should be mandatory attendance for anyone involved in property management. This is an important inspection and you should learn what needs to be done in preparation for the inspection, what the rules are for correcting deficiencies and the timelines involved.

Who Should Attend:

Top Management
Property Owners
Property Managers
Housing Authority Staff
Compliance Staff
Maintenance Supervisors
Support & Maintenance Staff
Community Development employees

*You may ask your Question directly to our expert during the Q&A session.

** You can buy On-Demand and view it as per your convenience.

Paul Flogstad

Paul has been involved in the real estate industry for the past 38 years. After college graduation he was in law enforcement for 4 years. From that point on, he has been involved in sales, construction, project management, appraisal, mortgage consulting and brokerage, property management and property management consulting/training.

Most recently, he was a consultant for affordable, multi-housing properties in 22 different states. This involved properties in HUD, Rural Development and Tax Credit programs. In this role he supported managers by training, compliance, budgeting, developing policy and procedures as well as creating successful marketing strategies. Previously was a regional manager for a large property management company in South Dakota.

For over twenty years was involved in appraisal of residential, multi-family, farm and commercial properties throughout the Midwest.

He holds numerous professional property management designations and currently holds the prestigious RHM designation from the National Center for Housing Management.

In 2007 he formed Property Management Solutions. In this capacity, he provides training and consulting services nationwide to owners, management companies, multi-housing associations, as well as state and federal agencies.

Paul was previously Vice President of the South Dakota Multi-Housing Association, Vice Chairman of the Minnehaha County Housing and Redevelopment Commission, and Chairman of the Sioux Falls Property Appeals Board. In 2009, he received the Outstanding Educator of the Year award from the South Dakota Multi-Housing Association.

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