Green Residential
Savvy real estate investors don’t just buy properties. No, the best investors develop a diversified portfolio that can withstand market fluctuations and provide multiple income streams. For Houston area landlords, this includes investing in workforce housing.
Tenant screening is one of the most important responsibilities of any landlord. This is your chance to make sure your property is occupied by someone who’s going to take care of it, pay for it consistently, and ideally, stay there as long as possible.
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Houston is one of the most important rental markets in the United States, with the third-highest number of apartments of any American city – but all isn’t well for the city’s tenants. In a recent study performed by the University of Texas School of Law, researchers determined that about 40% of Houston apartments were built between 1960 and 1979, a time period marked by lower safety standards. These conditions were made worse by Hurricane Harvey, which severely damaged about 43,000 units throughout the city. Taken together, a substantial portion of Houston’s apartment stock is in poor condition and may not be safe for their residents.
The Fair Housing Act of 1968 was enacted to protect buyers and renters from discrimination. The primary prohibition makes it illegal to refuse to rent or sell to a person because of their inclusion in a protected class. Federally protected classes include race, religion, sex, color, national origin, age, and disability. The Fair Housing Act is a federal law that all Houston Landlords are bound by.
The Fair Housing Act of 1968 was created to prevent landlords from discriminating against tenants based on gender, race, color, religion, disability, familial status, or national origin. If you’re a good landlord, you’re probably not intentionally violating the act…. [Read More]