If you have Rentals in the city of Pittsburgh you have to read this. Bill Peduto deters investors from buying in the city. Ive owned many in the city as an investor. Will advise my Clients to go elsewhere as a Realtor. So if you live in Cranberry (Butler County) and own a rental in Wexford (Allegheny County) you will have to pay someone to manage the property. Ridiculous. Pittsburgh Rental Registration Pittsburgh City Council intends to pass an ordinance whereby every rental property owner must register their rental properties every year. The proposed Registration Fee is $65 per UNIT(not address) per year. The purported reason for this ordinance and fee is so the City will have a quick/easy way to contact a property owner should his property become a Nuisance Property. The actual reason is more likely the couple-of-million-dollar hole in the Citys 2015 Operating Budget. Rather than raise property taxes a scant amount for everyone so that everyone can participate in closing the hole, the City is choosing to burden a select group of people ..... Rental property owners. There are a few questions/problems regarding the ordinance that immediately come to mind: - If the objective is to have accurate owner contact information for every piece of property in the city, rather than charging fees just for the sake of collecting them .......Why would it be necessary for the property owner to provide his same contact information three times and pay a $65 registration fee three times for the same triplex? Or ten times for the same 10-unit apartment building? Or 100 times for the same 100-unit building? Obviously its the duplicated fees that the City finds so desirable. - In Pennsylvania, a fee cannot be more than what it costs the taxing body to administer the service for which the fee covers. In this case, the City would have us believe it costs them $65 per year to contact the owner of a single family rental property. And for some reason it costs them 10 times as much, $650 per year, to contact the owner of a 10-unit rental property. There are additional provisions of the ordinance which are also problematic: - The City has exempted certain property owners from filing and paying the yearly fees: Universities, housing authority, non-profits, commercial properties. - Owners of Pittsburgh rental properties who do not live in Allegheny County will not be allowed to manage their own properties. They will be REQUIRED to HIRE a property manager who must be a licensed real estate agent and whose business must be located in Allegheny County. A Public Hearing on the ordinance has been (hastily) scheduled for Monday, December 1st. Mayor Peduto has said he plans to move forward with the ordinance if there is not a large and vocal opposition to it. Its therefore imperative for all who do oppose to show up at the hearing: Either to speak and therefore demonstrate vocal opposition. Or, if you are uncomfortable making public statements, your mere presence in the audience will be needed to demonstrate that opposition is indeed very large. You do not need to reside in the City to either attend or to speak. If you are an agent or a property manager, you may want to forward this email to all your investor clients. If you have friends, relatives and/or associates who own Pittsburgh rental properties, this is information they should probably have. If you are a tenant, or if you are a landlord with tenants, you may want to encourage them to come as well. As we all know, sooner or later these fees will wind up being passed along to the tenant in the form of rent increases. PLEASE ATTEND! WHEN: Monday, Dec 1st, 6PM WHERE: City Council Chambers, 5th Floor of City-County Building, 414 Grant Street, Downtown Pgh TO SPEAK: Anyone who wishes to speak will be allowed 1 minute. No registration needed. TO SPEAK FOR 3 MINUTES: You must register in advance in order to be allowed 3 minutes to speak. Register by calling the City Clerk Office at 412-225-2138 before Noon on Monday, Dec 1 Michael L McAndrews REMAX SELECT REAL ESTATE 5842 Ellsworth Ave Pittsburgh, Pa 15232 Cell: 412-527-3763 Office: 724-779-1209 Fax: 412-924-0004 McAndrewsSells@Gmail MikeMcAndrews Sent from my iPad
Posted on: Mon, 01 Dec 2014 02:05:30 +0000
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