> [TB] There was a time when the tax structure was much
> better for owners of rental housing. Rental property
> could be depreciated over much shorter time periods
> than are currently allowed. There were also financing
> programs that made lower interest rates available.
[RKM] And another thing... I remember some experimental tax program for
Phillips that was giving a break to people who live near thier rental
property. Maybe this could be expanded. It would enable rental property
owners to be closer to their properties and be more observant of problems
in and around their properties.
> [TB] One of the issues I keep hearing about is
> application fees <...snipped stuff...> but think that at a
> minimum a landlord who takes multiple applications
> >from acceptable prospective tenants should refund
> those fees to those that are not accepted because the
> unit is rented to someone who had previously applied.
>
[RKM] Someone mentioned "portable credit report" that would be good for 45
days. The tennant would purchase this - once.
Ideally, I would like to see the tennant purchase this from Eqifax or
whatever on the first application, and all other inquiries within a period
of time would be at no extra cost. That unfortunately would not go over
well with the credit tracking companies because they make big money off of
multiple requests.
> At the same time we need to protect the good tenant
> against the bad landlord who files retaliatory UDs. I
> think the screening issues are resolvable, but in many
> ways are more difficult than the financing due to the
> subjectivity.
Maybe these data should also be collected by the BBB or a credit tracking
company. The tennant should be able to get the information on how many
landlords abuse this system.
However, if you want the landlords to take high risk tenants they should
not be punished for having lots of UD's.
Rich McMartin
Bryant.
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