How are you "beating" government regulation?

[Nathan Gesner]

Both federal and state politicians continue to stick their fingers in our business with various regulations. Rent control is becoming more common. Limited rent increases. You're limited to how much you can charge for a deposit and given less time to return that deposit. States are telling Landlords they can't screen people out based on criminal history.

My question is, what limits have been imposed on you and how are you LEGALLY working around it?

[Bjorn Ahlblad]

@Nathan Gesner good thread. I have a 1031x and my wife and I are both REI professionals. Those things are working out fine. My wife's HC is paid by an LLC. None of these things are world beaters by any means but every bit helps. As far as tenant management is concerned we have not been hit too bad in the parts of Wa where we invest.

We stay up to date on new legislation by attending LL Association meetings and getting guidance from them. 

I think if you screen diligently and stick to your process every time you can be OK. It also helps to know a bit about underwriting and buying the right deals, so you can afford to either make a mistake or two or survive changes to LL tenant laws. All the best!