Fair Housing Act is a federal law that prohibits discrimination in housing-related matters. That is, in renting, mortgage lending, home selling, and other housing-related activity. The act was created on the principle that every person in America has a right to seek housing without being discriminat...
As a landlord, a time may come where you’ll have to evict tenants from the property and provide a notice to vacate. It could be that the tenant has stopped making rent payments or that they have caused excessive property damage. The reasons for needing to evict someone can vary, such as not paying r...
Landlords often require tenants to pay a security deposit before signing a lease. This deposit serves as a safety net to cover issues such as unpaid rent, repair costs, or damage to the property that goes beyond normal wear and tear.
Each state has specific regulations regarding the handling of se...
Key Takeaways
- Texas rental laws establish rights and responsibilities for both landlords and tenants once a lease is signed.
- Landlords must follow legal rules for disclosures, property entry, repairs, and evictions.
- Tenants are protected by habitability and fair housing laws and must comply...
An Overpriced Lease Listing = High Risk and Lower Returns
February 19, 2020, 10:10 am"Every week a property sits vacant, there is a 2% loss of the total potential annual rental income. You can write off expenses; you can't write off lost rent. Price your property properly and start the revenue stream."
Occasionally, an owner will want to list their property lease rate higher than...