I was pleased to read about Wisconsin proposing new rules which are actually in favor of landlords. It's an increasing problem across the country where cities and counties are passing laws which could harm the very fabric that landlords rely upon to run their business.
Some examples of laws some localities have passed or plan to pass:
These laws proposed in Wisconsin prevents cities, towns, villages and counties within the state from passing their own local ordinances which restrict landlords in the above manners.
Obviously the local governments are attempting to protect tenants; however, it's entirely at the cost of landlords being able to run a business. Somewhat akin to taking away the ability of a car buyer to be allowed to read reviews on the car before purchasing it. Requiring them to purchase the car sight unseen, thereby just guessing if it's going to work well for them.
Taking away the very necessary screening tools that landlords need to rely on is a very very bad idea IMHO. I hope these pro-landlord laws are a trend that continues and is adopted by more states. I'm not thrilled about my city changing the rules mid-stream on me or my clients which prevent them from being able to run their business effectively.
---
Nathan is a member of Rentec Direct who provides rental software, tenant ach payment processing, and tenant screening for property managers and landlords nationwide.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2012 ActiveRain Corp. All Rights Reserved