Rent Confusion: Milwaukee renters caught in crossfire of battle...

Full story: Fox6 11
A foreclosure faux pas and the link to a notorious landlord. Some east side renters say they're caught up in someone else's financial woes, and caught up in a rent paying run around. Full Story
Barry Stuart

Milwaukee, WI

#1 Feb 26, 2010
On Labor Day, 2007 I and all the other tenants of 1328 E. Albion St. got a notice from Wauwatosa Savings Bank (now WaterStone Bank) about their foreclosing on Olson Management Group. Apparently, Olson was buying up properties, but not paying down his mortgages. I also contacted Marquette Law School and the Milwaukee Bar Association to find out what protections tenants on a foreclosed property have. In December, Olson filed Chapter 11 and regained the property where I lived. The company is now Milwaukee Management Group. I left for another East Side landlord's property last Halloween. I'm glad I don't have to deal with the same hassles these tenants are having any more.
West Allis citizen

Milwaukee, WI

#2 Mar 14, 2010
Tim Brophy bought the property at 1532 S 80th St in West Allis. What a mess! The city is all over him for outrageous building code violations. Check it out on the City Website under tax bill/ownership information. He is still operating under Prospect Holdings. What is laughable is that Milwaukee County sold the property to him, and they make no attempt to collect on what he owes them. Furthermore, the IRS is after him. Duh....nobody knows where he is. We do. He drives by this property several times a week, never gets out of his Escolade. When does the thing actually become crimminal? Guess laws are only for law abiding citizens.
Tax Payer

Milwaukee, WI

#3 Mar 15, 2010
This is another reason while the inefficient and negligent Milwaukee County Board and it's staff, must be disbanded.
Former Tenant

Milwaukee, WI

#4 Mar 15, 2010
I too rented from Tim Brophy and Prospect Holdings. Their entire opertation is a joke. The person who owned our property was not even the person we paid our rent to. Instead one of Brophy's henchmen, Eric, would come by at the most random hours demanding rent and threatening us. The entire property was in disrepair and had numerous code violations as well. I too would see him but only when he wanted something ie money. I have had other friends rent from him too and each with similar issues. Bottom line is avoid Tim, Eric or Heidi at all costs. They will steal your security deposit and won't make a single repair. The city will hopefully catch up with him soon and he will get what he has coming. Heidi is Tim Brophy's girlfriend and Eric is a friend. They both act as leasing agents for him so be leary.
Jimmy

Milwaukee, WI

#5 Mar 15, 2010
Former Tenant wrote:
I too rented from Tim Brophy and Prospect Holdings. Their entire opertation is a joke. The person who owned our property was not even the person we paid our rent to. Instead one of Brophy's henchmen, Eric, would come by at the most random hours demanding rent and threatening us. The entire property was in disrepair and had numerous code violations as well. I too would see him but only when he wanted something ie money. I have had other friends rent from him too and each with similar issues. Bottom line is avoid Tim, Eric or Heidi at all costs. They will steal your security deposit and won't make a single repair. The city will hopefully catch up with him soon and he will get what he has coming. Heidi is Tim Brophy's girlfriend and Eric is a friend. They both act as leasing agents for him so be leary.
Good enough to stay ... Good enough to pay ...
Former Tenant

Burlington, WI

#6 May 28, 2010
Former Tenant wrote:
I too rented from Tim Brophy and Prospect Holdings. Their entire opertation is a joke. The person who owned our property was not even the person we paid our rent to. Instead one of Brophy's henchmen, Eric, would come by at the most random hours demanding rent and threatening us. The entire property was in disrepair and had numerous code violations as well. I too would see him but only when he wanted something ie money. I have had other friends rent from him too and each with similar issues. Bottom line is avoid Tim, Eric or Heidi at all costs. They will steal your security deposit and won't make a single repair. The city will hopefully catch up with him soon and he will get what he has coming. Heidi is Tim Brophy's girlfriend and Eric is a friend. They both act as leasing agents for him so be leary.
Could have said it better myself but won't make the effort. This is a fairly accurate portrayal of what it was like to rent from Prospect Holdings. If you see their sign on a building; avoid!
housing advocate

Milwaukee, WI

#7 Jan 19, 2013
They're back at it and operating under WH Investments, LLC. They don't even pay for garbage collection and the electricity at a building of theirs with electric included was cut off because Brophy owes a huge lien to WE. AVOID. Isn't there a point where these slumlords can't get an LLC anymore?
chase and 5th

Waukesha, WI

#8 Jun 7, 2013
housing advocate wrote:
They're back at it and operating under WH In novestments, LLC. They don't even pay for garbage collection and the electricity at a building of theirs with electric included was cut off because Brophy owes a huge lien to WE. AVOID. Isn't there a point where these slumlords can't get an LLC anymore?
he is back at it! my brothers apartment on fifth and chase was boarded up on Friday (6/5/13 )afternoon after two days without power and Brophy continues to say it is all misunderstanding about an occupancy permit. this guy needs to go down! what a horrible person does this over and over again!?
Update on Tim Brophy

Winnebago, IL

#9 Mar 2, 2014
They are now operating as
FMKE, LLC
or
TFN 1 Investments, LLC.
17145 W. Bluemound Road #157J
Brookfield, WI 53005

Be Aware.
KillJoy

Milwaukee, WI

#11 May 6, 2014
Sounds like a lot of landlords in Milwaukee. They are all criminals and should all be locked up and their property nationalized by Obama.
Jimmy

Brookfield, WI

#12 May 12, 2014
Good enough to stay ... Good enought to pay ...

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