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re: TOS: Being a landlord
Posted on 6/12/15 at 3:30 pm to retooc
Posted on 6/12/15 at 3:30 pm to retooc
quote:
I'm not sure I can legally ask.
Check the rules on this. I have been told by a property management company that the Fair Housing Act doesn't apply to me because I only own one home and if I am renting it out on my own, I am expempt from so-called "discrimination".
CLICKY
quote:
What Housing Is Covered?
The Fair Housing Act covers most housing. In some circumstances, the Act exempts owner-occupied buildings with no more than four units, single-family housing sold or rented without the use of a broker, and housing operated by organizations and private clubs that limit occupancy to members.
1
Posted on 6/12/15 at 3:54 pm to S1C EM
His has 5 units. So he not exempt.
5 units also exceeds Fannie/Freddie limits so he'll need some other finance type.
Couple of red flags on this one, i will elaborate later.
In the meantime, see what kind of cigarette butts are on the curb.
5 units also exceeds Fannie/Freddie limits so he'll need some other finance type.
Couple of red flags on this one, i will elaborate later.
In the meantime, see what kind of cigarette butts are on the curb.
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