So you want to be a landlord, personally I'd advise you to hire a property manager but I'm generally very willing to help you get started. Most people simply aren't cut out for the unpleasant experiences that come with managing rental property, especially residential property.
So to get you started I thought I'd give you a few pointers and offer some free forms to use and well as some free advice.
Like everything else in America, there are so many stupid rules and laws you are required to abide by it would make your head swim. Most everyone knows you can not discriminate against anyone based on race, color, national origin, religion, sex, familial status (including children under the age of 18 living with parents or legal custodians, pregnant women, and people securing custody of children under the age of 18), and handicap (disability).
But there is much more to the restrictions and guidelines... Lead Based Paint forms and signatures you must obtain on government documents. There are so many ways to get fined, sued or even jailed it would make your head spin around and toss some pea soup!.
Here are a few...
Title VI of the Civil Rights Act of 1964
Title VI prohibits discrimination on the basis of race, color, or national origin in programs and activities receiving federal financial
assistance.
Section 504 of the Rehabilitation Act of 1973
Section 504 prohibits discrimination based on disability in any program or activity receiving federal financial assistance.
Section 109 of Title I of the Housing and Community Development Act of 1974
Section 109 prohibits discrimination on the basis of race, color, national origin, sex or religion in programs and activities receiving financial assistance from HUD's Community Development and Block Grant Program.
Title II of the Americans with Disabilities Act of 1990
Title II prohibits discrimination based on disability in programs, services, and activities provided or made available by public entities. HUD enforces Title II when it relates to state and local public housing, housing assistance and housing referrals.
Architectural Barriers Act of 1968
The Architectural Barriers Act requires that buildings and facilities designed, constructed, altered, or leased with certain federal funds after September 1969 must be accessible to and useable by handicapped persons.
Age Discrimination Act of 1975
The Age Discrimination Act prohibits discrimination on the basis of age in programs or activities receiving federal financial assistance.
Title IX of the Education Amendments Act of 1972
Title IX prohibits discrimination on the basis of sex in education programs or activities that receive federal financial assistance.
Fair Housing-Related Presidential Executive Orders:
Executive Order 11063 prohibits discrimination in the sale, leasing, rental, or other disposition of properties and facilities owned or operated by the federal government or provided with federal funds.
Executive Order 11246, as amended, bars discrimination in federal employment because of race, color, religion, sex, or national origin.
Executive Order 12892, as amended, requires federal agencies to affirmatively further fair housing in their programs and activities, and provides that the Secretary of HUD will be responsible for coordinating the effort. The Order also establishes the President's Fair Housing Council, which will be chaired by the Secretary of HUD.
Executive Order 12898 requires that each federal agency conduct its program, policies, and activities that substantially affect human health or the environment in a manner that does not exclude persons based on race, color, or national origin.
Executive Order 13166 eliminates, to the extent possible, limited English proficiency as a barrier to full and meaningful participation by beneficiaries in all federally-assisted and federally conducted programs and activities.
Executive Order 13217 requires federal agencies to evaluate their policies and programs to determine if any can be revised or modified to improve the availability of community-based living arrangements for persons with disabilities.
As you can see this list just keeps getting more and more ridiculous! Just wait til you are hauled into one of these Kangaroo Court "investigations", you will wish you had never invested in real estate. Here's a little story of how the whole scam works.
Fair Housing Myths is an article we wrote several years ago. In addition one of the things I see most often that will get landlords in trouble are advertising screw ups. Please take the time to read this article about what you can and cannot say in an advertisement for any property you are renting or selling! Fair Housing words.
But enough of that you wanted some free forms to get you started.
NOTE: These forms may have been valid at the time I posted them, 3/19/2012 but I strongly suggest you consult an attorney before relying on anything you find on the Internet. This may or may not be all that is required by law in your situation, but the laws are so extensive and restrictive that no one can be sure at anytime that they are in complete compliance. At the very minimum consult with a professional before you engage in any real estate activity. I am not a lawyer and I do not know the laws of your particular state or municipality! Use these forms at your own risk. Turn-Key Properties LLC our members, founders, employees, contractors and even our pets, friends and family members do not accept ANY liability whatsoever for your use of forms you find here! AGAIN... Consult an attorney!
By downloading these forms you agree to hold us completely harmless for any trouble you get into. Seriously, Talk to a LAWYER! Furthermore we are not responsible for any damn stupid thing you do!
Why am I providing you with free documents... because frankly, eventually you will decide you can't stand doing this and will call me to manage your property. 816-313-8876.
So to get you started I thought I'd give you a few pointers and offer some free forms to use and well as some free advice.
Like everything else in America, there are so many stupid rules and laws you are required to abide by it would make your head swim. Most everyone knows you can not discriminate against anyone based on race, color, national origin, religion, sex, familial status (including children under the age of 18 living with parents or legal custodians, pregnant women, and people securing custody of children under the age of 18), and handicap (disability).
But there is much more to the restrictions and guidelines... Lead Based Paint forms and signatures you must obtain on government documents. There are so many ways to get fined, sued or even jailed it would make your head spin around and toss some pea soup!.
Here are a few...
Title VI of the Civil Rights Act of 1964
Title VI prohibits discrimination on the basis of race, color, or national origin in programs and activities receiving federal financial
assistance.
Section 504 of the Rehabilitation Act of 1973
Section 504 prohibits discrimination based on disability in any program or activity receiving federal financial assistance.
Section 109 of Title I of the Housing and Community Development Act of 1974
Section 109 prohibits discrimination on the basis of race, color, national origin, sex or religion in programs and activities receiving financial assistance from HUD's Community Development and Block Grant Program.
Title II of the Americans with Disabilities Act of 1990
Title II prohibits discrimination based on disability in programs, services, and activities provided or made available by public entities. HUD enforces Title II when it relates to state and local public housing, housing assistance and housing referrals.
Architectural Barriers Act of 1968
The Architectural Barriers Act requires that buildings and facilities designed, constructed, altered, or leased with certain federal funds after September 1969 must be accessible to and useable by handicapped persons.
Age Discrimination Act of 1975
The Age Discrimination Act prohibits discrimination on the basis of age in programs or activities receiving federal financial assistance.
Title IX of the Education Amendments Act of 1972
Title IX prohibits discrimination on the basis of sex in education programs or activities that receive federal financial assistance.
Fair Housing-Related Presidential Executive Orders:
Executive Order 11063 prohibits discrimination in the sale, leasing, rental, or other disposition of properties and facilities owned or operated by the federal government or provided with federal funds.
Executive Order 11246, as amended, bars discrimination in federal employment because of race, color, religion, sex, or national origin.
Executive Order 12892, as amended, requires federal agencies to affirmatively further fair housing in their programs and activities, and provides that the Secretary of HUD will be responsible for coordinating the effort. The Order also establishes the President's Fair Housing Council, which will be chaired by the Secretary of HUD.
Executive Order 12898 requires that each federal agency conduct its program, policies, and activities that substantially affect human health or the environment in a manner that does not exclude persons based on race, color, or national origin.
Executive Order 13166 eliminates, to the extent possible, limited English proficiency as a barrier to full and meaningful participation by beneficiaries in all federally-assisted and federally conducted programs and activities.
Executive Order 13217 requires federal agencies to evaluate their policies and programs to determine if any can be revised or modified to improve the availability of community-based living arrangements for persons with disabilities.
As you can see this list just keeps getting more and more ridiculous! Just wait til you are hauled into one of these Kangaroo Court "investigations", you will wish you had never invested in real estate. Here's a little story of how the whole scam works.
Fair Housing Myths is an article we wrote several years ago. In addition one of the things I see most often that will get landlords in trouble are advertising screw ups. Please take the time to read this article about what you can and cannot say in an advertisement for any property you are renting or selling! Fair Housing words.
But enough of that you wanted some free forms to get you started.
NOTE: These forms may have been valid at the time I posted them, 3/19/2012 but I strongly suggest you consult an attorney before relying on anything you find on the Internet. This may or may not be all that is required by law in your situation, but the laws are so extensive and restrictive that no one can be sure at anytime that they are in complete compliance. At the very minimum consult with a professional before you engage in any real estate activity. I am not a lawyer and I do not know the laws of your particular state or municipality! Use these forms at your own risk. Turn-Key Properties LLC our members, founders, employees, contractors and even our pets, friends and family members do not accept ANY liability whatsoever for your use of forms you find here! AGAIN... Consult an attorney!
By downloading these forms you agree to hold us completely harmless for any trouble you get into. Seriously, Talk to a LAWYER! Furthermore we are not responsible for any damn stupid thing you do!
Why am I providing you with free documents... because frankly, eventually you will decide you can't stand doing this and will call me to manage your property. 816-313-8876.
| lead_based_paint_brochure.pdf |
| lead_based_paint_disclosure.pdf |
| residential_pet_addendum.pdf |
| residential_lease_agreement.pdf |
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