{"id":1360,"date":"2014-07-31T09:00:59","date_gmt":"2014-07-31T09:00:59","guid":{"rendered":"http:\/\/www.settlesteam.com\/blogspot\/?p=1360"},"modified":"2016-06-16T17:24:45","modified_gmt":"2016-06-16T17:24:45","slug":"marion-county-indiana-new-rental-proposals","status":"publish","type":"post","link":"https:\/\/www.settlesteam.com\/blogspot\/2014\/07\/31\/marion-county-indiana-new-rental-proposals\/","title":{"rendered":"Marion County Indiana new rental proposals"},"content":{"rendered":"

\"gavel\"Be aware Proposal 195<\/strong><\/a>\u00a0which is being introduced to create a Marion County Indiana landlord registry. Landlords have to re-resister themselves on an annual basis as a landlord. The reason given for this registry is that many properties in disrepair and vacant are owned by investors. About 50% or more of them are owned by owner occupants who no longer can pay for their mortgage.<\/p>\n

<\/p>\n

The proposal which may have a wider implication on the rental market is Proposal 215<\/a>.<\/strong> It will amend an existing Human Relations ordinance and will disallow landlords to no longer screen potential tenants by the source of their income. This includes the Federal Section 8 subsidies that individuals receive form the Federal government, even though participation for landlords per the Federal Section 8 guidelines is VOUNTARY<\/strong><\/a>for landlords.<\/p>\n

With Proposal 215,<\/strong><\/a> the existing Marion County Human Relations ordinance would make it illegal for landlords to decline housing to a section 8 tenant once it is passed.<\/p>\n

What would the mean to landlords the have rental properties in Marion County, Indiana when Proposal 215 is passed and signed into law?<\/p>\n

Now, let me throw in that I am not an attorney and this is not to be taken as legal advice. You should still seek out the advice of an attorney on this matter when you have questions.<\/p>\n

I my personal opinion, as a real estate professional, the way I read the Marion County 215 Proposal<\/strong>, you as a landlord no longer have the option voluntarily<\/strong> to participate in the section 8 housing voucher program. When you offer your unit for rent and a Section 8 renter wants to rent your property, you will no longer be able to turn them down merely on the basis of them having a Section 8 voucher.<\/p>\n

When you have questions about these proposals or other things that affect rental investment in Central Indiana feel free to contact the Settles Team.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Be aware Proposal 195\u00a0which is being introduced to create a Marion County Indiana landlord registry. Landlords have to re-resister themselves on an annual basis as a landlord. The reason given for this registry is that many properties in disrepair and vacant are owned by investors. About 50% or more of them are owned by owner … Continue reading Marion County Indiana new rental proposals<\/span> →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":1362,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[54,48,19,18,49,32,27,26,24,23,21,33,20],"class_list":["post-1360","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-buying","tag-communication","tag-home","tag-house","tag-inspiration","tag-investing-in-real-estate","tag-investment-team","tag-investments","tag-real-estate","tag-real-estate-acquisition","tag-real-estate-fees","tag-real-estate-investing","tag-rental"],"_links":{"self":[{"href":"https:\/\/www.settlesteam.com\/blogspot\/wp-json\/wp\/v2\/posts\/1360","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.settlesteam.com\/blogspot\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.settlesteam.com\/blogspot\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.settlesteam.com\/blogspot\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.settlesteam.com\/blogspot\/wp-json\/wp\/v2\/comments?post=1360"}],"version-history":[{"count":4,"href":"https:\/\/www.settlesteam.com\/blogspot\/wp-json\/wp\/v2\/posts\/1360\/revisions"}],"predecessor-version":[{"id":1506,"href":"https:\/\/www.settlesteam.com\/blogspot\/wp-json\/wp\/v2\/posts\/1360\/revisions\/1506"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.settlesteam.com\/blogspot\/wp-json\/wp\/v2\/media\/1362"}],"wp:attachment":[{"href":"https:\/\/www.settlesteam.com\/blogspot\/wp-json\/wp\/v2\/media?parent=1360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.settlesteam.com\/blogspot\/wp-json\/wp\/v2\/categories?post=1360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.settlesteam.com\/blogspot\/wp-json\/wp\/v2\/tags?post=1360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}