August

August 17, 2014

If this sounds good to you, we should talk….

          Since the launch of Polaris, a single strategy has been pursued with clarity:  Consistent and Reliable real estate services. Almost a decade later, we still have work to do….but that’s fine with us since we ALWAYS have work to Deliver. When you operate in complex situations like we do with unpredictable problems and challenges, the only constant is change. Which is why we are always seeking to find good people to join us….our operating environment IS NOT for the faint at heart or those looking to punch a clock.  It’s damn hard work.    We are always looking for people who are Actively seek to know what they don’t know….. People who like to Design systems to make available all knowledge that relates to a problem to everyone in the organization….. People who Learn in a quick and efficient manner….. People who Aggressively avoid organizational hubris….. People who can Train […]
August 8, 2014

Indianapolis Landlord Registration proposal….There is unrest in the forest….

This week, behavior of certain members of the Indianapolis City Council reminded me of a song that until just now, I couldn’t put my finger on it….their efforts to pass such a noble law nailed it. The band, Rush, penned this banner musical demonstration into the history books. As we battle the evil collectivism that is rooting itself in our culture instead of actually solving problems with logic, data, and common sense, it is imperative to understand the forces at play here. Please listen to the music.  Read the words. And tell me if this tune doesn’t ring true in your soul with what you read in the papers, overhear at lunch, and read online. Watch and listen to the music here:  https://www.youtube.com/watch?v=du9QWaBTg10 There is unrest in the forest, There is trouble with the trees, For the maples want more sunlight And the oaks ignore their pleas. The trouble with the maples, (And […]
August 4, 2014

Tuesday at 5:30 PM….Will YOU stand up?

  Tomorrow evening, citizens of Indianapolis will stand up and exercise their Right of Freedom of Speech. Will you stand and be counted? The Rules and Public Policy Committee of the Indianapolis City-County Council will hold a hearing Tuesday August 5th at 5:30 p.m. in Room 260 of the City-County Building on two proposals that will significantly impact rental property in Marion County. Proposal 215 would amend the Human Relations ordinance to say an applicant cannot be screened on source of income. Among other issues, this would mandate landlord participation in the Section 8 federal program. Proposal 195 would require all landlords to register their contact information along with a list of all properties, pay a $5 annual fee, and verify they do not have unpaid taxes or un-remediated code violations. Failure to register would result in a $500 fine. MIBOR Government Affairs staff will be at the meeting on […]
August 3, 2014

You get what you pay for….

If you’ve ever had to do verbal battle with a past tenant on damage, you’ll appreciate this story…. Polaris Property Management often gets assigned to take over properties from other management companies and the lack of information provided to us by the prior company or even the owner themselves leaves much to be desired, especially when it comes to the property condition.  It’s no wonder Landlords have a negative attitude when dealing with tenants as it’s tough for even the best-intentioned person to clearly remember if a carpet stain was in this room, or that room…. At BEST, we get iphone pictures of vacant rooms with the photo taken standing in the doorway. At WORST, we get nothing. The BEST solution we have found is to combine both extensive color photography with a written report. Here’s an example of a report on a property we have managed for years.  It has […]
August 1, 2014

Don’t you DARE treat income sources differently….

If you thought the ignorance couldn’t get any, well, more stupid, drop your eyes down to the next lines: The Indianapolis City-County Council has a new proposal to tie into the other proposed Landlord Registration. Here’s the information as published by the REALTORS Political Action Committee posting…read the entire article here:  http://editor.des09.com/vo/?FileID=cd1e86be-a74a-47b5-bf10-55e9052900df&m=9a45f859-879e-47b2-bf49-43a071cb1432&MailID=28660553&listid=70279 Now the City Council wants to strip away your private contractual right to select tenants based on source of income. “Proposal 215 amends the existing Human Relations ordinance to say an applicant cannot be screened on the source of income. Specifically, the proposed definition of source of income includes “income derived from Social Security, supplemental security income, housing assistance, child support, alimony, or public or state-administered general assistance.” This would mean that landlords would not be able to deny an applicant strictly because they are a participant in the Section 8 program. Section 8 is a federal program […]