Bell Leasing is suing the city of Laramie, seeking to halt the recently passed health and safety standards for rentals. Bell Leasing argues Laramie cannot lawfully enforce its new rental housing code.
It’s truly sad how the rental community in Laramie is striking back on the city for this very needed regulation. Unfortunately Laramie renters are also suffering retaliation from the landlords of this town because they have raised the rent on apartments right after the legislation was passed increasing rent to Ridiculous highs such as $1000 per month on Studio apartments and $1500 per month on two bedroom units. In a community where the majority of jobs are minimum wage this is causing a undue burden for renters in the community. Laramie city council needs to Pursue more legislation in the rental market in this town not less!
I'm a landlord with properties in Laramie but live (slightly more than 60 miles) out of state. Every single one of my tenants has re-leased from me. Every one of my tenants has been extremely pleased with my attention to issues that arise. This is in MARKED CONTRAST to many of Laramie's own "professional rental agencies", several of which seem to be true slumlords based on the properties I have seen for sale over the last few years, that now apparently are empowered to charge good landlords a property management fee to run their properties into the ground. This is not an acceptable solution, there are good landlords and bad landlords but by placing a blanket requirement on out of state owners, some of which are only an hour away and DO take pride in their properties and are able to retain tenants and improve their properties, this will just make me either raise the rents more or just sell them, ideally to owner occupants, which will only raise rents even higher as rental stock diminishes. It's already the case that property values have increased so much that to purchase a property and actually make money renting (cashflow) it would generally require significantly higher rent than the current norm so it is unlikely that many rentals that are now sold would remain rentals with the rent anywhere near what it was.
It’s truly sad how the rental community in Laramie is striking back on the city for this very needed regulation. Unfortunately Laramie renters are also suffering retaliation from the landlords of this town because they have raised the rent on apartments right after the legislation was passed increasing rent to Ridiculous highs such as $1000 per month on Studio apartments and $1500 per month on two bedroom units. In a community where the majority of jobs are minimum wage this is causing a undue burden for renters in the community. Laramie city council needs to Pursue more legislation in the rental market in this town not less!
I'm a landlord with properties in Laramie but live (slightly more than 60 miles) out of state. Every single one of my tenants has re-leased from me. Every one of my tenants has been extremely pleased with my attention to issues that arise. This is in MARKED CONTRAST to many of Laramie's own "professional rental agencies", several of which seem to be true slumlords based on the properties I have seen for sale over the last few years, that now apparently are empowered to charge good landlords a property management fee to run their properties into the ground. This is not an acceptable solution, there are good landlords and bad landlords but by placing a blanket requirement on out of state owners, some of which are only an hour away and DO take pride in their properties and are able to retain tenants and improve their properties, this will just make me either raise the rents more or just sell them, ideally to owner occupants, which will only raise rents even higher as rental stock diminishes. It's already the case that property values have increased so much that to purchase a property and actually make money renting (cashflow) it would generally require significantly higher rent than the current norm so it is unlikely that many rentals that are now sold would remain rentals with the rent anywhere near what it was.