When it comes to managing rental properties, Fair Housing compliance for landlords is essential—it’s the foundation of a successful business. Yet, many landlords overlook how quickly non-compliance can lead to serious consequences. From hefty fines to lawsuits and...
Being a landlord comes with plenty of responsibilities, and following Fair Housing laws for Columbus landlords is one of the most important. These laws are in place to ensure everyone has a fair chance at finding housing free from discrimination. For landlords in...
Fair market rents (FMRs) are established by the U.S. Department of Housing and Urban Development (HUD) and are calculated annually. While HUD uses FMRs as a way to determine rental voucher amounts for government assistance programs like Section 8 housing contracts,...
All of these assumptions are wrong. They won’t declare bankruptcy while living at the property And if they do, you can evict them They won’t make partial payments They won’t make partial online payments They understand your late fee policy They will pay the water...
We once had a fellow real estate investor ask: “I have a crack going horizontally straight across the basement wall at one of my properties. I am assuming it is a result of hydro-static pressure. I have had the drains snaked and the tenant does a decent job of keeping...
Peter Lohmann, RL Property Management, 2019. Something rarely discussed are the long-term advantages of holding rental property. Many “helpers” (realtors, lawyers, bankers, etc) in the real estate industry make money every time you transact...