If you have rental property, whether it's commercial property or residential, you are probably wary about asking the wrong questions as you show property. It's still important, though, to screen prospective tenants. In addition to requiring a completed application form, a deposit and a credit check, what are the basic musts and "must nots" in terms of complying with the law and protecting yourself as a landlord?
The Federal Fair Housing Act
The Federal Fair Housing Act seeks to eliminate discrimination on the basis of race, color, national origin, religion, sex, disability and the presence of children for those who seek to rent, buy or apply for financing for housing in the United States. Any written application or personal interview must be
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If you own investment property, you are well aware that the goal is full occupancy can be elusive. But that doesn't mean that you should give up on the goal. If you're currently plagued by high turnover rates that decrease your financial return, take a look at some common sense ways to keep current tenants in place. Develop strategies that will have your renters clamoring to renew their leases.
It's no joke: Uptown's iconic Comic Book College has been displaced by plans for new Minneapolis residential development. It seems the appetite for new apartments and condos will not be satiated anytime soon. And it's happening all over town: The old is making way for the new.