Peter Lohmann's property-management company drowns in conflicting rules from dozens of municipalities: security-deposit installment mandates, rental-registry requirements, tenant-screening restrictions. He built a tool to track every local ordinance in one place, launching publicly next week.
The reality is we have a dozen of these little municipalities plus the county that all can and do pass different laws that affect how we do business because we manage properties within these jurisdictions. And so it is practically becoming a full-time job to keep up with all these stupid cities and all their little laws that they're passing. And it was affecting our operations because like, oh well, if it's in this little city or that little city, we, we have to offer the tenant the ability to pay their security deposit in installments. And if it's this little city over here, we have to do a rental registry. And if it's this little city over here, they don't let us use criminal history when we're tenant screening or whatever it is. And implementing these changes is a headache enough, but even just keeping up with them and understanding, I would find out about it a year after the fact that some city had passed something because what am I, how am I supposed to keep up with all this? Can we find a data source that like keeps track of all this? Because surely there's some like, you know, B2B business data provider that's cataloging all these meeting minutes and everything. And I kicked this over to Wolf and said, Wolf, could you solve this? And spoiler alert, this is live and is now working and is— we're gonna be making a big announcement in about a week.
