Landlords Have Responsibility to Community, too

| December 2, 2014

Business News

LAKELAND — Many property owners see rentals as a great source of cash flow and revenue with little day-to-day responsibility.  Lanier County Sheriff Nick Norton, though, cautions property owners that they still have a responsibility to the community, not just their bank account.

Renting and managing property carries more responsibilities than simply generating revenue and collecting rent. There is also an unspoken obligation of seeing that a stable property is maintained and it doesn’t take from the surrounding properties or neighborhoods while property values are maintained for all involved.

A drug house in a neighborhood will destroy the value of what some hope is retirement investment and home values, not to mention what example it sets for children that sees what goes on there.

There are renters and property owners in Lakeland and Lanier County that have told law enforcement that they don’t care what goes on as long as money is generated to pay-off mortgages or the property generates a source of income. Norton says that this has to change in order to protect neighbors and adjoining property values and to keep neighborhoods from falling into deterioration.

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1 Comment on "Landlords Have Responsibility to Community, too"

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  1. capitalism says:

    Landlord greed and negligence has been going on forever. It’s a big part of the reason that Valdosta is described by many as Valdumpster. A few years ago long time realtor Mike Hill wrote an article for VDT that described the decline in Valdosta. Our subdivison had 2 rentals in 2000. Now 12. Driving through the subdivision, a newcomer can easily identify the rentals. As house and landscaping decline spreads, more homeowners flee and sell their homes at a loss to landlords. Each new rental speeds the exit of more homeowners, speeds the decline. Then we hear from the City Manager that we need a few more cops and cruisers. We have City Ordinances, but for some reason they enable the decline. The popularity of Valdumpster. In the eyes on the run outlaws, Valdosta looks like a welcome mat, a sanctuary. More cops and cruisers. More taxes. Seems with so much rental in decline, and the costly problems that grow from it, that the City needs to double property tax if it is a rental. The landlord will pass it on to the renter, but then renters should demand long avoided improvements for a new higher rent. Or leave Valdosta’s many blighted neighborhoods.