11/18/2024 | Press release | Distributed by Public on 11/18/2024 13:46
Toledo's inaugural Landlord Education Fair, held at the Toledo-Lucas County Public Library last week, drew hundreds of housing providers eager to learn about their rights, responsibilities, and the resources available to them. Organized by the City's Department of Housing and Community Development, the event aimed to help property owners navigate local housing laws, improve property management practices, and foster housing stability within the community.
Jeffrey Broussard, who traveled from San Diego specifically for the event, owns two rental properties near the University of Toledo. He focuses on providing housing for military families and students, both of whom offer a stable tenant base. "I focus on military housing because I want a defined tenant group. Military families know exactly what they need, and I can meet that need with the right kind of housing," Broussard said.
Broussard's properties are also ideally located near the university, which he believes makes them prime for student housing. "I purchased two properties near the university because it's a great place to invest, especially with a university tenant base," Broussard said.
With more than 20 years of property management experience, Broussard emphasized the importance of staying actively engaged in the business. "You're in a situation where you could lose money, time, and productivity. I learned a long time ago that you've got to stay engaged," Broussard said.
He believes attending in-person events like the Landlord Education Fair provides invaluable benefits. "When you meet people face-to-face, they get to know you. And when you have a problem, you can pick up the phone and call someone you're familiar with," Broussard said.
The fair provided expert guidance on legal responsibilities, tenant relations, and property management best practices. Representatives from Toledo's Fair Housing Development, the Lucas County Auditor's Office, the Lucas County Health Department, and legal aid professionals were available to share their expertise. Attendees also had access to helpful resources, including booklets, templates, and essential contact information.
Coleena Ali, Toledo's Tenant Landlord Services Manager, emphasized the fair's significance. "Whether you're interested in becoming a landlord or you're curious about what a landlord can do, this event was for you," Ali said. "It's about learning what landlords are responsible for and what they're obligated to do."
Monica Smith, Toledo's Lead Safe Coordinator, noted that the event was part of the city's effort to support landlords and ensure they were equipped to manage their properties effectively. "We want to empower landlords by providing them with valuable knowledge and resources. They play a significant role in our community, and we want to ensure they have the support they need," Smith said.
City leaders hoped the event had improved housing stability in Toledo by equipping landlords with the tools they needed to successfully manage their properties. "We want landlords to leave this event feeling empowered, equipped, and ready to make a positive impact in our community," Ali said. "We look forward to hosting this event again to continue supporting landlords and strengthening the local housing market."
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