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Results (10,000+)
Milton Chamberlain Kansas City MO NEW Source of Income Discrimination Ban Ordinance
22 June 2024 | 17 replies
This ordinance is significant for its comprehensive approach to addressing source-of-income discrimination, particularly in the context of housing and rental opportunities.Key aspects of this ordinance include:The creation of a $1 million Landlord Risk Mitigation Program to financially assist landlords who accept tenants with vouchers, such as Section 8.Establishment of a landlord liaison position within the City’s Housing Department to facilitate communication and support.Landlords are allowed to deny rental applications based on individualized assessments, such as criminal convictions, credit scores, and eviction history, but the ordinance also sets clear guidelines for what can and cannot be considered.It includes a delayed effective date, allowing time for landlords and tenants to adjust to the new regulations.The ordinance also specifies that certain properties, particularly older houses that cannot easily comply with current codes, are exempt from some of the source-of-income requirements.The guidelines provided by Kansas City's Ordinance 231019, detailing what can and cannot be considered in rental applications, include several notable points aimed at balancing the rights and concerns of both tenants and landlords:Individualized Assessment Allowed:Landlords can deny rental applications based on specific, individualized factors, including criminal convictions, credit score, eviction history, alleged damages, and rent-to-income ratio.
Commie Anana Mentorship, accountability partner needed
22 June 2024 | 5 replies
I do not provide medical interventions for mental health problems.
Scott Eranio Looking for advice on planned move
22 June 2024 | 8 replies
No matter where you choose to move, you are perfectly set up (if the money works) to house hack with your wife in one unit of a two-family and then to mid-term rent the other unit because of your medical connections.
Andrew Jennings Freerks Helping fellow BPers get started in investing
21 June 2024 | 1 reply
We also beautified the exterior, fixed the roof, have now rented the bottom unit to a medium term tenant as Albany Medical Center is a 5 minute walk away.
Kenneth T. How to collect rent
21 June 2024 | 11 replies
@Kenneth Tiedemann you can use personal account, just be sure to follow your state and local laws about security deposits.If you're parents are living in the home with the tenants, then they are also exempt from most Fair Housing requirements, but you should look into them anyways.You'll want a good lease to protect your parents and to be able to evict if/when necessary.Check their home insurance policy as it probably needs at least a rider to cover renting.
Yasmin Mughal Best interest rate when mom's financing the purchase + I will be on the deed
21 June 2024 | 9 replies
In Louisiana, this process is typically much more lax and I know several people who have succeeded in having homestead exemptions on several properties at once (no idea whether it's legal). 
Kiran Yella North Carolina rental investment RTP area or Charlotte
20 June 2024 | 9 replies
I am located in the Charlotte area and would agree about the presence of our financial sector but also medical is a huge industry as well.If your outlook is 10 years then going with either option will prove fruitful.
Anthony Quint Canadian buying Multifamily in Canada vs US
19 June 2024 | 5 replies
But because they are domestic they are exempt from FIRPTA and can do regular 1031 exchanges.Just something to add to your decision tree
J Corona New tenant in ICU
19 June 2024 | 12 replies
Someone is making medical decisions for them, so they should have the legal control over their finances to make sure bills are being paid.
John Michaels Top 10 Real Estate Markets for Cash Flow in 2024
20 June 2024 | 17 replies
(If you live in the property so that you can claim the Homestead Exemption, your property appraisal can "only" go up a max of 10% per year.