Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
St. Louis Real Estate Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 8 years ago,

User Stats

658
Posts
301
Votes
Ronald Perich
Pro Member
  • Investor
  • Granite City, IL
301
Votes |
658
Posts

Anybody care to weigh in on the Ferguson bill passed on 10/11?

Ronald Perich
Pro Member
  • Investor
  • Granite City, IL
Posted

Ferguson (yes that Ferguson) just passed their version of a crime-free ordinance. Some of the new rules include:

  • Continue to pay $50/yr for each rental property for a business "license"
  • That license could be revoked or suspended if a crime or ordinance violation is committed on or near the property by the resident or their guests.
  • Owners must undergo an eight-hour training course with police and fire department
  • Owners must update the property to make them safer and at less risk for crime.
  • All rental property owners must live within 50 miles of Ferguson or have a manager within 50 miles.
  • The license can be suspended if the utility bills for two or more months go unpaid or if the utilities are not turned on within two weeks of them being shut off.

Just curious what others think of these additional requirements. For more details, check out St Louis Post Dispatch

  • Ronald Perich
  • Loading replies...