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23 November 2019 | 5 replies
All utilities were in the tenants name and I thought with the new legislation in Indiana, Bill HEA 1347 public law 105-2019, that landlords were no longer to be held responsible for tenant utilities that were overdue.
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18 December 2019 | 3 replies
.), I'm sure you're aware of the floodgate of new, insane tenant protection laws that hit the books in 2019 since the democrats took control of both houses of the legislature, like no more screening for evictions, potential eviction delays of up to 12 months, limited security deposits, limited app fees, etc.Unfortunately, the worst is potentially yet to come, and in Jan the new legislative session opens and on the docket this year the democrats are attempting to pass state-wide rent control (OR and CA already passed this in 2019), and good-cause eviction, which would be devastating to the real estate industry throughout the state, and also exacerbate the low-income housing crisis by completely cutting off housing investment in that real estate class.
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18 December 2019 | 1 reply
https://www.wdrb.com/news/proposed-legislation-would-legalize-recreational-marijuana-in-kentucky/article_4ecfe818-20f7-11ea-b478-ebd436326379.htmlWill provide a lot of new tax revenue and create a new business niche.
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18 December 2019 | 0 replies
Regarding early termination of the lease agreement our lease states "Any notice to terminate this tenancy must comply with the applicable legislation of the State ofMissouri (the "Act")."
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19 December 2019 | 4 replies
Maybe when legislators find out there isn't enough affordable housing provided by landlords they will realize what a big mistake they have made.I'll take a guess that this in in California where businesses are being forced to close their doors because they can't afford the high cost minimum wage and also can't afford automation products either.
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9 January 2020 | 21 replies
As soon as they get their legislation passed, you will see some big guys in some seriously hot water.
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8 December 2019 | 3 replies
First off kids being poisoned by lead is a big issue and it’s only going to get worse due to legislation that’s lowering allowable lead limits in children.
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9 December 2019 | 5 replies
My take-aways on 2 other points:1) Lease Option tenant buyer (TB): Curious if you are familiar with Dodd-Frank legislation on these types of transactions.
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12 December 2019 | 12 replies
Government - The State of Illinois is fighting over a series of legislation aimed at commercial property owners that have profited from everything above.
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14 February 2020 | 26 replies
@Bill Brandt is correct that the legislation is not LL friendly but due to low vacancy it is not much of an issue if you screen well.