Guide to the Fair Housing Act in Missouri
Treating people fairly is key to the long-term success of your real estate investment. Landlord-tenant laws ensure this. Enacted in 1968, the Fair Housing Act (FHA) makes it illegal to discriminate against a person based on a protected characteristic. In the state of Missouri, the Fair Housing Act prohibits discrimination against 7 characteristics: race, color, religion, national origin, disability, familial status, sexual orientation, and sex. Failure to adhere to the Act can usually attract a host of penalties. To help you get started, here…
How to Increase Your Income Without Raising Rent
Owning a rental property can generate a sizeable income over the years. You may increase your rent periodically to pay for improvements and rising maintenance costs. Some years, however, when the market is in a downturn, you still might want to increase your income without resorting to rental increases. Long-term tenants are more important than the short-term gains from a rent increase. So is earning more possible without touching the rental amount? It is! Here are tips that you can try to maximize your earning potential. Use solar panels to r…
Columbia, Missouri Landlord-Tenant Laws
Landlord-tenant disputes are quite common in Missouri. However, these conflicts can easily be avoided if both parties understand the basics of Missouri landlord tenant law. Whether you're a tenant looking to find out your rights or responsibilities, or a rental owner and landlord seeking to learn the statewide tenancy laws, you've landed on the right page. The following is an overview of the Missouri landlord tenant laws. Required Landlord Disclosures in Missouri Before a renter signs the lease, Missouri state law says a landlord must make …