OREIA works hard on keeping its members informed and educated through our local chapters, FREE online Help Night, and our legislative updates. Check out your options today.
We still need your help pushing this over the finish line. Please click on the picture and send a pre-written email to your senator.
We had a great time at the 2024 National Summit! Thank you to all of our vendors, sponsors, volunteers, and wonderful attendees for making this a fantastic event. We had Halloween costumes, door prizes that included a cruise, a truck and a bag of silver, a bourbon tasting, and so much networking.
Don't wait, get your ticket to 2025 National Summit today while the price is super low!
OREIA's primary mission is to advocate for legislative change and to provide educational support and opportunities to our chapters and members.
Every day, our team is actively involved in state government monitoring, supporting and opposing a variety of legislation that affects the real estate industry.
Your organization of real estate investors could join OREIA in promoting these values and take advantage of the educational opportunities offered year round by becoming a chapter association member.
Call (513) 655-3999 for more information on becoming an OREIA chapter.
Columbus is Busy, and So are We!
Since the election, legislators have been busy in their Lame Duck session. Many of the bills we have been watching all year are having committee hearings and slated for session votes.
OREIA has been actively involved in these providing written and live testimony, media coverage, and alternative recommendations.
HB93: Limit liens allowed on properties with regards to renter overdue bills. OREIA has been working overtime to get this moved out of committee. Thanks to all those who have testified in person and sent in written stories. All the calls and Muster emails have been great. We've had news articles and podcasts and other media coverage. Keep up the professional engagement. Click HERE to send a a pre-written message.
SB 192 -Real Estate Wholesaling: A substitute bill has been proposed with OREIA's approval on the disclosure language required. This is a major change from the licensing requirement in the original version. This bill will likely not pass this year, but will see a significant push next session.
SB241: Looks to make squatting a criminal offense able to be addressed directly by law enforcement instead of a civil matter requiring eviction court. OREIA fully supports this bills to protect property owners and neighboring properties from criminal elements. OREIA's team submitted stories and news articles from across the state of squatting examples and how detrimental it is to the communities.
HB499- Supply Side Housing: Aims to incentivize municipalities to adopt favorable policies to increase housing supply by offering funds to local governments when certain housing reforms are implemented. OREIA has worked with the sponsor and a substitute bill was introduced with an alternative funding source. Likely not to move until next year with the budget process.
SB299- Short Term Rentals: Bill aims to pre-empt cities and townships from banning short term rentals, limit registration requirements and fees. OREIA's members provided excellent testimony this week in support of this bill. The sponsor is laying the ground work and will be pushing hard to move this bill fast next year. We need to be ready to vocally support it.
HB466- Written Agreements for Real Estate Transactions: This bill requires written agreements for a licensed broker to represent a buyer or seller in a real estate transaction. The bill was reported unanimously out of committee on April 30th with no opposition. Bill was passed out of the senate and sent to the Governor's desk for signature.
SB 245- Revise Housing Laws: This is comprehensive legislation covering a number of the Senate Housing Committee’s recommendations, including requiring identification of a natural person with authority to make binding decisions on property conveyances, establishing a publicly funded indigent eviction defense fund and making changes to eviction proceedings (nonbinding mediation, sealing of court records, among others), requiring written agreements for real estate brokers (HB 466), and efforts to streamline code enforcement certification. OREIA submitted suggestions on how cities could use existing procedures to handle negligent owners without burdening responsible ones. Not likely to move to a full senate vote, but possible something crazy could happen with the lame duck sessions.
Do you have a Compelling Story?
OREIA is looking for real estate investors willing to share their stories with legislators. Our professional lobbyists do a great job, but we've found that personal narratives are much more impactful. You can be an expert in the field, or simply have a compelling story about the topic; be that a positive or negative experience, a reason for entering or leaving an investing strategy, or a barrier you've experienced. It's the personal stories that best sway legislators.
A few of the areas we are looking for:
- Wholesaling
- Rehab/Retailing
- Code Enforcement Issues
- Housing Provider- tenant screening, security deposits, evictions, etc
- Rental registrations and inspections
- Short Term Rentals
- Lead issues
- Lending
- Zoning
- Housing Supply
If you have had experience in these areas, we'd love to help craft the story into pertinent testimony. Please call or email Deborah at admin@oreia.com