Rachel M Vann - GET THE MOST MONEY FOR YOUR REAL ESTATE INVESTMENT

In addition to all Fair Housing laws, you’ll need to familiarize yourself with the ADA, which protects people living with disabilities from discrimination in many different areas — housing included. There may be other laws particular to your area, so, again, do your research/homework and consult your attorney so you are covered! Again, your minimum qualification standards can protect you when it comes to Fair Housing complaints, but only if you’ve consistently used these standards for everyone.

ONGOING PROPERTY MANAGEMENT

Once you’ve successfully landed your first tenant, it’s not over. In fact, it’s really just the beginning! Here are a few areas that you’ll need to cover:

Respond to tenant and neighbor complaints quickly.

If your tenant complains, address those complaints. If the complaints are legitimate, then deal with them and resolve them as quickly as possible. Maybe the tenant has a complaint about something on your property that needs to be fixed, maybe they can’t figure out how something works, or maybe they have a complaint with a neighbor. Whatever it is, hear them out and address them, as necessary. If a neighbor complains to you about the property, you need to see if it’s a legitimate issue and try to resolve it with the neighbor, and quickly — before they contact the HOA or code enforcement. If a neighbor does file an HOA or code enforcement complaint, you need to deal with this immediately. These associations can fine you thousands of dollars for a tenant who is causing issues and lead to neighborhood complaints. Maybe the complaint isn’t

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