Latest / Chuck Douglas / Boarded up Columbus Homes and Your Calls

Transcript

Boarded up Columbus Homes and Your Calls · Chuck Douglas

• 0:00
  Speaker 1: The Power Hour six to ten w U TV in
• 0:02
  Speaker 1: my number eight two one nine eight eight six eight
• 0:03
  Speaker 1: two one dou WU TV and good evening in case
• 0:07
  Speaker 1: I forgot to say that to be not you, I
• 0:10
  Speaker 1: never say good evening.
• 0:11
  Speaker 2: I don't like you. I thought you'd being nice for once.
• 0:13
  Speaker 3: All.
• 0:13
  Speaker 1: You got a bunch of people standing by here, So
• 0:14
  Speaker 1: I want to get right back into the call. We got, uh,
• 0:17
  Speaker 1: several people that want to talk about the the the
• 0:19
  Speaker 1: boarded up houses, the vacant houses that are all over
• 0:21
  Speaker 1: the city of Columbus. I think they could be made
• 0:23
  Speaker 1: better use of. Before we get into those, I got
• 0:25
  Speaker 1: Keith that wants to add something on the Kroeger situation.
• 0:29
  Speaker 2: Coke or Keith? How are you?
• 0:30
  Speaker 3: Oh, yes, sir Chuck, how are you doing fine?
• 0:35
  Speaker 4: Well? Uh, did you know Kroeger's actually owns Myers.
• 0:42
  Speaker 2: No, they own fred Meyer.
• 0:46
  Speaker 3: Well, okay, maybe I'm may but yeah, that's understood.
• 0:49
  Speaker 1: That's another grocery chain. I think they're mostly out west.
• 0:52
  Speaker 1: They're called fred Meyer timm e y e R.
• 0:55
  Speaker 5: Well that's the possibility.
• 0:57
  Speaker 3: All I know is they're all the way out in
• 0:58
  Speaker 3: California and they're like the third largest Uh you know,
• 1:05
  Speaker 3: grocery store in the country. Right, Well, that's that's pretty
• 1:11
  Speaker 3: much all I wanted to say is just you know,
• 1:14
  Speaker 3: if Meyer is its own independent company, then uh, well,
• 1:18
  Speaker 3: good for them.
• 1:19
  Speaker 4: But yeah, no, I mean I was at I went.
• 1:22
  Speaker 5: To bag to buy a bag of chips, right, a
• 1:25
  Speaker 5: family size is said two ninety nine. When I did
• 1:30
  Speaker 5: the self checkout, is said three twenty nine. I lectured
• 1:34
  Speaker 5: the guy and I said, no, that's not right, and
• 1:37
  Speaker 5: he corrected it.
• 1:39
  Speaker 1: But yeah, but that's that's what they're talking about in
• 1:42
  Speaker 1: that Consumer Reports story. You know, it's marked one thing
• 1:44
  Speaker 1: and you're charged another at the register, and that's not
• 1:46
  Speaker 1: the way it's supposed to be. Keith, I appreciate the call.
• 1:48
  Speaker 2: Thank you.
• 1:49
  Speaker 1: Eight two one nine eighty six A two on WTVN
• 1:52
  Speaker 1: into the boarded of Houses Calls here. John's been on
• 1:55
  Speaker 1: hold the longest. You're on six ten WTVN.
• 1:59
  Speaker 4: Hey, Chuck, is here an way that we could possibly
• 2:01
  Speaker 4: come up with something to where the landlords or the
• 2:06
  Speaker 4: companies that are running these houses up start paying a
• 2:09
  Speaker 4: price for their tennis actions?
• 2:12
  Speaker 1: Well, I mean the seizing of the property is part
• 2:14
  Speaker 1: of the price. Is that they pay. They come in
• 2:16
  Speaker 1: and they take the properties from them. They I don't
• 2:19
  Speaker 1: know if they can be called criminal or charge of
• 2:21
  Speaker 1: being criminally liable or not. I know in the nineties
• 2:25
  Speaker 1: a lot of jurisdictions did try that if if a
• 2:27
  Speaker 1: landlord was notified that there were drug activities and they continued,
• 2:31
  Speaker 1: that they could hold the landlord criminally liable. And I
• 2:34
  Speaker 1: don't think that was such a bad idea.
• 2:37
  Speaker 4: Yeah, that's what I was thinking.
• 2:39
  Speaker 2: But on the other.
• 2:41
  Speaker 1: On the other side of that, though, John, as I'm
• 2:43
  Speaker 1: saying that it's coming out of my mouth, I'm recalling
• 2:45
  Speaker 1: the story in yesterday's news about Columbus City Council wanting
• 2:48
  Speaker 1: to spend money now to help keep people from getting evicted,
• 2:52
  Speaker 1: not to help them pay their rent, but to help
• 2:53
  Speaker 1: them fight being evicted. So you got to pick which
• 2:56
  Speaker 1: side of the battle you're on. You cannot hold a
• 2:59
  Speaker 1: landlord liable while at the same time giving money to
• 3:02
  Speaker 1: the bad tenant to keep them from being evicted when
• 3:04
  Speaker 1: the landlord's trying to get him out because you told
• 3:06
  Speaker 1: them they're pushing drugs out.
• 3:07
  Speaker 2: Of your house.
• 3:09
  Speaker 4: Correct, But you know what, the hilltop used to be
• 3:12
  Speaker 4: the place that everyone wanted to live, yes, and now
• 3:15
  Speaker 4: it's it's the place that nobody wants to live.
• 3:19
  Speaker 1: I still do. I just wanted to be better. I
• 3:22
  Speaker 1: you know, I grew up on Belvidere Avenue. Man, my
• 3:24
  Speaker 1: heart is always going to be on the hilltop. I
• 3:27
  Speaker 1: cannot pass West High School without being a little misty.
• 3:30
  Speaker 1: And uh yeah, I remember what it was, and I
• 3:34
  Speaker 1: believe that it very well could be that way again.
• 3:37
  Speaker 1: But you know, we just got every time they shut down,
• 3:40
  Speaker 1: you know, any any housing project. Greenbrier East shuts down
• 3:44
  Speaker 1: hud vouchers all over the hilltop. Sullivan Gardens shuts down
• 3:47
  Speaker 1: the hud vouchers all over the hilltop. They kept relocating
• 3:50
  Speaker 1: all of these people that were in these problema problematic
• 3:53
  Speaker 1: neighborhoods to the hilltop. And then some idiot turns around goes,
• 3:56
  Speaker 1: what's happened to the hilltop? Well, you put these people
• 3:59
  Speaker 1: here for goodness.
• 4:00
  Speaker 2: Eight.
• 4:02
  Speaker 4: You're absolutely right. Just an idea, but thanks for taking
• 4:07
  Speaker 4: the call.
• 4:07
  Speaker 1: Thank you John for making the call. And ideas are
• 4:09
  Speaker 1: always welcome in my world. Eight two one, nine, eight
• 4:12
  Speaker 1: eighty six page You are on six ten double.
• 4:14
  Speaker 6: E tvn Chuck enjoyed the show, looking almost every day.
• 4:18
  Speaker 7: I really appreciate it.
• 4:19
  Speaker 8: Uh well, I don't know if you had heard that there.
• 4:22
  Speaker 6: Is going to be at least an attempt at getting
• 4:27
  Speaker 6: property taxson Ohio negated on the in the next election.
• 4:32
  Speaker 6: They're they're gonna come up with a something on the ballot. Anyway,
• 4:36
  Speaker 6: That's one thing, because I think you should actually be
• 4:38
  Speaker 6: able to own property in Ohio, which you don't really
• 4:41
  Speaker 6: it's the long term lease to the government. Just try
• 4:43
  Speaker 6: not paying your taxes and see who actually owns the property.
• 4:46
  Speaker 4: Absolutely not you.
• 4:47
  Speaker 1: And I'm I We talked about that a couple of
• 4:49
  Speaker 1: nights ago, Paige, and I'll tell you I was. I'm
• 4:52
  Speaker 1: all for elimination of property taxes. I think property taxes
• 4:56
  Speaker 1: are the most ridiculous thing in the world. You work
• 4:58
  Speaker 1: your tail off, you find way to buy it, you
• 5:00
  Speaker 1: find a way to pay it off, and then the
• 5:02
  Speaker 1: government makes you have a seat license just to keep
• 5:04
  Speaker 1: attending your own home, which is stupid. But yeah, before
• 5:08
  Speaker 1: I can say yes, let's do it, I need to
• 5:10
  Speaker 1: say I need to see how you're planning on funding
• 5:13
  Speaker 1: everything that we're funding. I want to know are my
• 5:16
  Speaker 1: license plates going to cost me seven hundred and fifty.
• 5:18
  Speaker 2: Dollars a year? Now?
• 5:19
  Speaker 1: I want to know if I'm going to have toll
• 5:20
  Speaker 1: booths around the state of Ohio that are out there. Now,
• 5:24
  Speaker 1: they're going to have to pay for that stuff. What
• 5:27
  Speaker 1: sleight of hand are you going to pull to make
• 5:29
  Speaker 1: up for the money that you're about to give away
• 5:31
  Speaker 1: in property taxes?
• 5:33
  Speaker 6: True, I agree with you. That wasn't my real reason
• 5:35
  Speaker 6: for calling, but I just want to throw it out there.
• 5:37
  Speaker 9: My call really revolves around residential neighborhoods design and marketed
• 5:44
  Speaker 9: for single family home homes, you know, becoming giant rental complexes,
• 5:49
  Speaker 9: which is the case in the neighborhood I live in.
• 5:51
  Speaker 1: Oh my gosh, are you up in the Marysville area too?
• 5:55
  Speaker 7: South?
• 5:55
  Speaker 6: No, southeast side Canal one.
• 5:57
  Speaker 2: Shows Okay, yeah, that's the other one.
• 6:00
  Speaker 6: A lot of these rental homes are I've done some
• 6:03
  Speaker 6: looking into it. They're owned by corporations that are actually
• 6:06
  Speaker 6: foreign located in foreign country. Yes, and other states have
• 6:12
  Speaker 6: many other states have done something about this problem. Most
• 6:16
  Speaker 6: of these rental properties that are in my neighborhood or
• 6:19
  Speaker 6: they're poorly maintained because they're mandating that the rent fors
• 6:23
  Speaker 6: these young folk that they're charging exorbitant rental fees to
• 6:28
  Speaker 6: that they maintain the property. Well, they squeeze so much
• 6:30
  Speaker 6: money out of them they can't afford to maintain the property.
• 6:34
  Speaker 6: And and so you know it's it's really keeping these
• 6:37
  Speaker 6: younger families poor. They can't save up enough money for
• 6:41
  Speaker 6: a downpayment of house, let alone be able to mow
• 6:44
  Speaker 6: or maintain the property. I have to call all the
• 6:46
  Speaker 6: time and turn them into zoning. And it creates an
• 6:50
  Speaker 6: artificial demand for houses in these neighborhoods that it raises
• 6:54
  Speaker 6: our taxes because the prices go up, because these rental
• 6:58
  Speaker 6: companies call you every five minutes wanting to buy your house.
• 7:01
  Speaker 6: And it takes away opportunity for young American families to
• 7:05
  Speaker 6: actually own a house. And why should foreign countries be
• 7:08
  Speaker 6: able to come in here and buy up our residential
• 7:11
  Speaker 6: properties to create artificial demands for single family.
• 7:14
  Speaker 1: Home residential properties, farmland. There's no reason right that China
• 7:19
  Speaker 1: needs to own thousands and thousands of acres of American farmland,
• 7:23
  Speaker 1: especially in proximity to military installations. And I'll be honest
• 7:27
  Speaker 1: with you, Page, I preached this. This is my realtor side.
• 7:29
  Speaker 1: I preach this to my clients all the time. I
• 7:31
  Speaker 1: listen to house I'll say, you absolutely make the decisions.
• 7:34
  Speaker 1: You can take any offer you want to take. But
• 7:37
  Speaker 1: I'm telling you upfront, before this thing even hits the market,
• 7:41
  Speaker 1: as soon as I enter the information into the MLS,
• 7:43
  Speaker 1: we are going to get investor offers site unseen Crapola,
• 7:48
  Speaker 1: and they're probably going to be from overseas, but they
• 7:50
  Speaker 1: put a local face on it. Turn on your TV
• 7:53
  Speaker 1: and watch these commercials. There's some guy that probably couldn't
• 7:57
  Speaker 1: think his way out of a paper bag. I've bought
• 7:59
  Speaker 1: over it thirty thousand houses. How do you think he
• 8:02
  Speaker 1: bought thirty thousand houses with his riches? Of course not.
• 8:06
  Speaker 1: He's being funded from somewhere, and they don't tell you
• 8:09
  Speaker 1: where those funds are coming from. And if they don't
• 8:11
  Speaker 1: tell you, there's a reason they don't tell you. Sell
• 8:14
  Speaker 1: your house to somebody who they want their kid to
• 8:17
  Speaker 1: live across the street, know who you're doing business with.
• 8:20
  Speaker 6: I feel bad for young Americans, the young American families,
• 8:24
  Speaker 6: because when I grew up, I mean you could you
• 8:28
  Speaker 6: could end up. You can save up some money for
• 8:31
  Speaker 6: a house. But man, they're charging you know, almost two
• 8:34
  Speaker 6: thousand dollars a month. I just man, it seems like
• 8:39
  Speaker 6: it'd be awful tough for young people to save up
• 8:41
  Speaker 6: money for down payment on.
• 8:42
  Speaker 1: Yeah, and it's it's going to get better some stuff
• 8:44
  Speaker 1: that's coming down from the administration through FAHA right now.
• 8:47
  Speaker 1: As a matter of fact, there's two different things going on.
• 8:50
  Speaker 1: There's a new FAHA program Federal Housing Administration Program government
• 8:54
  Speaker 1: back thirty year mortgage which it requires a FAHA loan
• 8:58
  Speaker 1: is three point five percent down. They are allowing a
• 9:01
  Speaker 1: second mortgage that will cover up to five percent, so
• 9:06
  Speaker 1: you can do your down payment and cover your closing
• 9:07
  Speaker 1: costs with that second mortgage, and they'll do that down
• 9:10
  Speaker 1: to a five to eighty credit score, because it's obvious
• 9:13
  Speaker 1: people have suffered over the last few years when it
• 9:15
  Speaker 1: comes to credit. So that's a good thing. Plus, we've
• 9:18
  Speaker 1: got here in Ohio what's called OFA, the Ohio Housing
• 9:21
  Speaker 1: Finance Agency, which operates largely like FHA as far as
• 9:26
  Speaker 1: what the property has to meet standards and so forth.
• 9:28
  Speaker 1: But they will do a forgivable second mortgage with OFA.
• 9:34
  Speaker 1: So after several years of you using this as your
• 9:37
  Speaker 1: primary residence, as long as you don't sell it and
• 9:39
  Speaker 1: make a profit and move on that second mortgage for
• 9:41
  Speaker 1: your down payment and closing costs and stuff under OPA
• 9:44
  Speaker 1: is forgiven. It's wiped out, which means basically, you got
• 9:48
  Speaker 1: five percent of your purchase price free from the state
• 9:51
  Speaker 1: of Ohio. And that's a wonderful thing. That credit score
• 9:55
  Speaker 1: because it's forgivable. Generally about six sixty is where you
• 9:58
  Speaker 1: need to be on that. It's and I think on
• 10:02
  Speaker 1: top of everything else, we're going to see with this
• 10:04
  Speaker 1: next meeting of the Fed June eighteenth, we're going to
• 10:07
  Speaker 1: see Powell give way. I think we're going to drop
• 10:09
  Speaker 1: half a point myself, and I think that's going to
• 10:11
  Speaker 1: stimulate people into seeing, Okay, look, the budget's looking good,
• 10:15
  Speaker 1: the tariff things are over, the weather's good, the rates
• 10:19
  Speaker 1: are coming down. We ultimately will stimulate this economy. The
• 10:22
  Speaker 1: government's not going to do what all they have to
• 10:24
  Speaker 1: do is get out of our way.
• 10:26
  Speaker 8: Yep, I agree.
• 10:28
  Speaker 1: I appreciate you page, Thanks very much for the call.
• 10:30
  Speaker 1: Eight two one nine eight eighty six eight two one
• 10:32
  Speaker 1: WTV and gym's got some houses thoughts.
• 10:34
  Speaker 2: How are you, Jim?
• 10:36
  Speaker 8: Just fine? Just fine?
• 10:37
  Speaker 5: Hey.
• 10:38
  Speaker 8: I think that there just has to be ruled a
• 10:41
  Speaker 8: law on the Stateablehio and nationwide that a single family
• 10:44
  Speaker 8: home has to be inhabited by a single family that
• 10:48
  Speaker 8: owns it, and it can only be sold to another
• 10:51
  Speaker 8: person who's going to single family own that and you
• 10:54
  Speaker 8: enforce that by having a homestead tax. It's like one
• 10:57
  Speaker 8: thousand dollars a month if you don't own it, one
• 11:00
  Speaker 8: dollar a month if you own it. And so I
• 11:02
  Speaker 8: think that the people who are buying up the houses
• 11:07
  Speaker 8: in the lower end are often getting setion eight housing,
• 11:10
  Speaker 8: which means they get above market rate increase. And so
• 11:14
  Speaker 8: when they get that high amount of rental income, they're
• 11:17
  Speaker 8: going to outbid anybody else who wants to buy that house.
• 11:20
  Speaker 8: And then that will only that, but then they set
• 11:22
  Speaker 8: the market rate for market rentals at this high level.
• 11:25
  Speaker 8: So such a eight housing on single family homes has
• 11:29
  Speaker 8: to be eliminated. We need a homestead tax on single
• 11:32
  Speaker 8: family not apartments, but on single family homes. If you're
• 11:36
  Speaker 8: not owning the home and living there, then you have
• 11:39
  Speaker 8: to pay a you know, a homestead tax about a
• 11:43
  Speaker 8: thousand dollars a month. We need to make it so
• 11:45
  Speaker 8: that single family homes are for single families who live
• 11:49
  Speaker 8: their ownly.
• 11:50
  Speaker 1: It's a conversation worth having, Jim, I'm sure you'd run
• 11:52
  Speaker 1: into some brick walls there. But that is a conversation.
• 11:55
  Speaker 1: Creativity is always good, my friend. Thank you for the call.
• 11:57
  Speaker 1: That's that's not bad. Here's the problem with section eight
• 12:00
  Speaker 1: by the way, as far as if you're a landlord,
• 12:03
  Speaker 1: you're buying up houses with the plus and the minus
• 12:05
  Speaker 1: of it, will you get above market rates from the
• 12:08
  Speaker 1: federal government to pay the Yeah, you'll make.
• 12:10
  Speaker 2: More on the rent because the government's paying it.
• 12:12
  Speaker 1: On the other hand, the hoops they will make you
• 12:15
  Speaker 1: jump through if the tenant calls up because my neighbor
• 12:18
  Speaker 1: is ugly, you have to go out there.
• 12:19
  Speaker 2: And fix the ugly neighbor.
• 12:21
  Speaker 1: I mean, there, you it's not always what it's cracked
• 12:25
  Speaker 1: up to be.
• 12:26
  Speaker 2: Gary.
• 12:26
  Speaker 1: You are on six ten WTV and Hi, Hey Jock. Hello, sir, Well,
• 12:34
  Speaker 1: thank you.
• 12:37
  Speaker 7: It's calling about the vacant properties and the pricing. Yes,
• 12:42
  Speaker 7: vacon properties where I used to live, they would actually
• 12:46
  Speaker 7: use those baking houses for training for the police department
• 12:53
  Speaker 7: and the part departments. Then after they stop using them,
• 12:59
  Speaker 7: they would end up just tearing tearing them down. Just
• 13:02
  Speaker 7: have vacant lots.
• 13:05
  Speaker 2: Yeah, the uh.
• 13:05
  Speaker 1: Now, you can allow if you own a property that's
• 13:08
  Speaker 1: vacant and you want to, you know, allow the fire
• 13:10
  Speaker 1: department to come in and burn it down for practice
• 13:13
  Speaker 1: or whatever.
• 13:13
  Speaker 2: You can do that.
• 13:14
  Speaker 1: I don't know, because a lot of what the City
• 13:17
  Speaker 1: of Columbus Land Bank has right now, they are vacant
• 13:20
  Speaker 1: lots all over the place. I don't know if they
• 13:23
  Speaker 1: have torn those houses down or what, uh, what the
• 13:27
  Speaker 1: reason was, but they've got a lot of vacant lots
• 13:29
  Speaker 1: right now around the city of Columbus.
• 13:32
  Speaker 7: That's That's the way it is, insane. That's the way
• 13:34
  Speaker 7: it is insane. So that's where I used to live.
• 13:36
  Speaker 7: I've moved out of there.
• 13:37
  Speaker 2: You left Zanesville. I like Zanesville. Why'd you leave.
• 13:42
  Speaker 7: That couldn't afford it?
• 13:45
  Speaker 2: Really, I didn't.
• 13:45
  Speaker 1: Think it was that bad in Zanesville because that holds Zanesville, Newark,
• 13:49
  Speaker 1: Keith all out there. I I'm fairly fond of especially
• 13:53
  Speaker 1: I'll tell you what that what's that theater in uh
• 13:55
  Speaker 1: in Newark? Oh, my gosh, No, there's a theater out
• 14:01
  Speaker 1: there that I mean, they've been bringing in some great
• 14:03
  Speaker 1: acts of old school eighty stuff. Night Ranger was there.
• 14:06
  Speaker 7: And oh I know which I can't think of the
• 14:10
  Speaker 7: name of it. I know where you're talking about.
• 14:12
  Speaker 1: Just having that out there makes Newark a very attractive
• 14:15
  Speaker 1: place for me.
• 14:16
  Speaker 2: It really is. Oh yeah, Middland Theater, thank you.
• 14:18
  Speaker 7: Yeah, I amn't a place in Zanesville, but I just
• 14:24
  Speaker 7: can't afford the lot rent anymore. So I ended up
• 14:27
  Speaker 7: letting a couple of people move in there, and they're
• 14:29
  Speaker 7: take taking care of it for me.
• 14:31
  Speaker 1: Well, yeah, if it means using it to at least
• 14:34
  Speaker 1: at least pay for itself, even if it doesn't make
• 14:36
  Speaker 1: any profit, that way, you don't have to let loose of.
• 14:38
  Speaker 6: It, right Gary.
• 14:41
  Speaker 7: The deal with the price stuff, usually if it shows
• 14:46
  Speaker 7: a uh, brings up a price higher than what's on
• 14:51
  Speaker 7: the tag.
• 14:51
  Speaker 1: M hm.
• 14:52
  Speaker 7: Some places, I don't know about all of them. Some
• 14:55
  Speaker 7: places will actually honor whatever price is on that tag
• 14:59
  Speaker 7: if it if it's a lower price and what it's
• 15:01
  Speaker 7: ringing up, that's the place to actually honor that tag.
• 15:04
  Speaker 1: I think they should, Like I was saying earlier, that
• 15:06
  Speaker 1: used to be if it didn't scan right, you got
• 15:08
  Speaker 1: the item for free, which my buddy JT when we
• 15:12
  Speaker 1: were working nights together, he would stop and every night, because.
• 15:15
  Speaker 2: He was a bachelor man, he didn't care about.
• 15:17
  Speaker 1: It, stopping at himself a red bear and frozen pizza,
• 15:21
  Speaker 1: and he went in and it scanned wrong, so they
• 15:23
  Speaker 1: gave it to in for free. The next night, he
• 15:25
  Speaker 1: goes in, gets a red bear and frozen pizza scan wrong.
• 15:28
  Speaker 1: He did this for like nine nights in a row.
• 15:31
  Speaker 1: They didn't fix it. It kept scanning incorrectly, and he
• 15:34
  Speaker 1: kept going home with a free red bear and pizza
• 15:36
  Speaker 1: every night. And I think they're only like seven ninety
• 15:39
  Speaker 1: nine or something like that, But still.
• 15:42
  Speaker 2: You would think.
• 15:44
  Speaker 1: All this progress, where you know, we got better, faster everything,
• 15:48
  Speaker 1: electronic everything, more efficient everything. Bring back the scan right guarantee,
• 15:52
  Speaker 1: Bring back pizza in thirty minutes or less. Bring back
• 15:56
  Speaker 1: bring television that's worth watching it, you know what I mean. Yeah,
• 16:03
  Speaker 1: progress and change, my friends, they are not necessarily the
• 16:07
  Speaker 1: same thing.