Laserfiche WebLink
February 18, 2016 <br /> Raymond Renner Properties, LLC <br /> 6295—14,e Avenue NW <br /> Ramsey, Mn. 55303 <br /> 763.286-8806-Cel <br /> Tim Gladhill <br /> Community Development Director (planr�in . city€�frarasey.cc�rr�) <br /> 7550 Sunwood Drive NW <br /> Ramsey, Mn.55303 <br /> 7630427-1410-City Hall <br /> Sir, <br /> I have been an owner of a single family rental since 2006. Since then I have added other residential <br /> homes (2007, 2008 and again in 2011.All properties were built by the same builder(Semler Homes) and <br /> all were built in the late 1990's. Expenses for the four have been on average$8,000.00 per year each. <br /> Taxes, insurance, replacement appliances,water heaters and normal wear and tear maintenance like <br /> painting,tile,windows,softeners etc. Two properties have my daughter's in them,one has an <br /> employee and his family in it and the fourth house has the original owner renting. I live within 6 blocks <br /> of these four houses and I respond when called if they have issues. <br /> The point is this: unless the rental property has no mortgage (principal/interest), it is almost <br /> impossible to rent with a profit. Thus.............safety may not be on the highest priority. If a building <br /> owner is thinking they are going to make money owning a single family Dome with a list of expenses <br /> starting with Principal/interest they will be disappointed. <br /> I believe your performance based program should work to protect a renter in a single family home. I did <br /> check my insurance carrier for the LLC and there is no discount on premiums for having a permitted <br /> single family dwelling. <br /> I honestly thought the past permits/inspections on my property were not needed. Corrective orders <br /> were very few and$75.00 permit did not pay for the inspection. It was worth the documentation for <br /> liability reasons. A concerted effort was made to make a safe environment for all four properties. 1 <br /> think the past permitting showed I was not negligent. I cannot say that for other single family properties <br /> in Ramsey. <br /> Raymond T. Renner <br />