• Ep005: The Springfield Ohio Landlord Registration and Licensing Ordinance

  • 2023/12/08
  • 再生時間: 33 分
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Ep005: The Springfield Ohio Landlord Registration and Licensing Ordinance

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  • In today’s episode Laci LeBlanc and I talk about The Landlord Registration and Licensing Ordinance 23-36 enacted by the City of Springfield Ohio on January 31, 2023. In this episode we discuss the ordinance, the process by which it is being enforced, and the legal basis for pushing back on this infringement of property rights and ultimately tenant rights. I have serious concerns about this ordinance both as a residential real estate investor in the city, and as a licensed real estate broker managing investment property on behalf of our owner clients. These types of initiatives are being enacted throughout Ohio and in other states as well. Whether you have investment property in the Springfield area or not, I think you will want to be aware of this trend across the country. SHOW HIGHLIGHTS Laci and I discuss the Landlord Registration and Licensing Ordinance 23-36 enacted by the City of Springfield, Ohio, focusing on its implications for residential real estate investors.We share our experiences and conversations with local authorities regarding this ordinance, providing insights for investors to comply with it.We explore unique aspects of Springfield, including the absence of public municipal trash service and the controversial self-inspection ordinance for rental properties.We express our concerns about the self-inspection ordinance and how we've raised these issues with city officials.Laci and I about our commitment to maintaining safe and functional properties for our tenants and the potential for unknown issues to arise after the inspection.We question the constitutionality of an ordinance requiring property owners to obtain a certificate of compliance before renting out their properties.We discuss the balance between tenants' rights and property rights, and the potential impact on the real estate market.We highlight the need for unity among realtors in creating regulations that support a thriving real estate business in Springfield.We explore the process of creating ordinances and the importance of involving all relevant parties in the decision-making process.We encourage listeners to reach out with any questions and to participate in building a better real estate community in Springfield. LINKS Show Notes Be a guest on the Landlord Profitability Playbook Podcast Download your FREE copy of The Landlord Profitability Playbook and learn how to automate your property management. Visit ROOST Property Management and find out more about the ways we can help you create a more profitable portfolio. Visit Rental Property Registration to access the registration page and self-inspection form. TRANSCRIPT (AI transcript provided as supporting material and may contain errors) Chris: Hi, Chris McAllister, here with the Landlord Profitability Playbook, where it's my job to create and coach business opportunities and strategies that support net value to the lives of residential real estate investors. I'm here today with my good friend and podcast partner, lacey LeBlanc, and today we're going to talk about the Landlord Registration and Licensing Ordinance 23-36. That was enacted by the City of Springfield, Ohio, on January 31, 2023. Now I know this sounds like the most exciting podcast that you've ever listened to, but bear with me. Many of our clients have property in Springfield and that's why we're going to dive into this. The ordinance is designed, according to the city, to promote health, safety and welfare in the rental housing market, and the reason this is applicable to almost every residential real estate investor. In Ohio. These ordinances are coming up all over the state and in several states these are already up and running. I don't know of any that's exactly like Springfield, but there's a lot of similarities, so I thought it was important that we get this out on a podcast. I also want to say right up front that I am not an attorney. I'm not here to offer legal advice, but I am happy to tell you my thoughts and plans personally for not just our property management company, but also for my personal investment company. So good morning, lacey. Laci: Good morning, another one where I am happy to kind of play devil's advocate and learn right alongside the folks listening, because this is not something I'm super well versed on. But what I immediately thought of was, if it's happening in Springfield, if it's happening in Ohio, it's happening everywhere, right? So you know, if you're listening and you're not from Ohio, that doesn't mean you should shut this one off. Actually, this is probably one of the ones you should listen to because to be prepared for these, to know what your kind of course of action might be If it is harming your business, I think that's valuable. Chris: So what happened was last summer I think it was still July I got an email from Tina, our lead property manager in Springfield, and she had gotten an email from one of our longest clients that we've worked with one of the ...
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In today’s episode Laci LeBlanc and I talk about The Landlord Registration and Licensing Ordinance 23-36 enacted by the City of Springfield Ohio on January 31, 2023. In this episode we discuss the ordinance, the process by which it is being enforced, and the legal basis for pushing back on this infringement of property rights and ultimately tenant rights. I have serious concerns about this ordinance both as a residential real estate investor in the city, and as a licensed real estate broker managing investment property on behalf of our owner clients. These types of initiatives are being enacted throughout Ohio and in other states as well. Whether you have investment property in the Springfield area or not, I think you will want to be aware of this trend across the country. SHOW HIGHLIGHTS Laci and I discuss the Landlord Registration and Licensing Ordinance 23-36 enacted by the City of Springfield, Ohio, focusing on its implications for residential real estate investors.We share our experiences and conversations with local authorities regarding this ordinance, providing insights for investors to comply with it.We explore unique aspects of Springfield, including the absence of public municipal trash service and the controversial self-inspection ordinance for rental properties.We express our concerns about the self-inspection ordinance and how we've raised these issues with city officials.Laci and I about our commitment to maintaining safe and functional properties for our tenants and the potential for unknown issues to arise after the inspection.We question the constitutionality of an ordinance requiring property owners to obtain a certificate of compliance before renting out their properties.We discuss the balance between tenants' rights and property rights, and the potential impact on the real estate market.We highlight the need for unity among realtors in creating regulations that support a thriving real estate business in Springfield.We explore the process of creating ordinances and the importance of involving all relevant parties in the decision-making process.We encourage listeners to reach out with any questions and to participate in building a better real estate community in Springfield. LINKS Show Notes Be a guest on the Landlord Profitability Playbook Podcast Download your FREE copy of The Landlord Profitability Playbook and learn how to automate your property management. Visit ROOST Property Management and find out more about the ways we can help you create a more profitable portfolio. Visit Rental Property Registration to access the registration page and self-inspection form. TRANSCRIPT (AI transcript provided as supporting material and may contain errors) Chris: Hi, Chris McAllister, here with the Landlord Profitability Playbook, where it's my job to create and coach business opportunities and strategies that support net value to the lives of residential real estate investors. I'm here today with my good friend and podcast partner, lacey LeBlanc, and today we're going to talk about the Landlord Registration and Licensing Ordinance 23-36. That was enacted by the City of Springfield, Ohio, on January 31, 2023. Now I know this sounds like the most exciting podcast that you've ever listened to, but bear with me. Many of our clients have property in Springfield and that's why we're going to dive into this. The ordinance is designed, according to the city, to promote health, safety and welfare in the rental housing market, and the reason this is applicable to almost every residential real estate investor. In Ohio. These ordinances are coming up all over the state and in several states these are already up and running. I don't know of any that's exactly like Springfield, but there's a lot of similarities, so I thought it was important that we get this out on a podcast. I also want to say right up front that I am not an attorney. I'm not here to offer legal advice, but I am happy to tell you my thoughts and plans personally for not just our property management company, but also for my personal investment company. So good morning, lacey. Laci: Good morning, another one where I am happy to kind of play devil's advocate and learn right alongside the folks listening, because this is not something I'm super well versed on. But what I immediately thought of was, if it's happening in Springfield, if it's happening in Ohio, it's happening everywhere, right? So you know, if you're listening and you're not from Ohio, that doesn't mean you should shut this one off. Actually, this is probably one of the ones you should listen to because to be prepared for these, to know what your kind of course of action might be If it is harming your business, I think that's valuable. Chris: So what happened was last summer I think it was still July I got an email from Tina, our lead property manager in Springfield, and she had gotten an email from one of our longest clients that we've worked with one of the ...

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