Guide to the Fair Housing Act in Missouri

October 13, 2020, 4:20 pm Guide to the Fair Housing Act in Missouri

As a landlord, treating your tenants fairly is key to long-term success. Enacted in 1968, the Fair Housing Act (FHA) makes it illegal for a landlord to discriminate against a tenant based on a protected characteristic. In the state of Missouri, the FHA prohibits discrimination against 7 characteristics: color, disability, race, national origin, familial status, sex and religion. Failure to adhere to the Act can usually attract a host of penalties. To help you get started, here are answers to some commonly asked questions regarding the Missour…

Continue Reading...

How to Increase Your Income Without Raising Rent

September 18, 2020, 4:20 pm 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…

Continue Reading...