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Erin Eberlin

School for Landlords

By December 10, 2012

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A town in Wisconsin is considering introducing a licensing program for landlords. The city of Wausau is debating an ordinance that could require landlords to attend classes which would educate them in landlord tenant law and local property codes. The ordinance would also require rental properties to undergo annual inspections.

Wausau wants to model their program after the town of Davenport, Iowa. Davenport's licensing program requires yearly inspections of rental homes and that landlords with multiple units undergo a training program. Landlords who pass inspections have their properties inspected less frequently and those with violations are inspected more often. Davenport claims the program has worked well for both landlords and tenants.

I do believe that education is one of the keys to being a successful landlord. If this program is executed properly, it could help alleviate much of the confusion and misinformation regarding statewide and local laws. In this situation, however, a similar law should be introduced for tenants in the area. Landlords are only one part of the equation. Tenants must also be educated in the law so they too understand their obligations.

Suggested Reading:
The ABC's of Property Investing
What Are the Responsibilities of a Landlord?
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