In this episode of Uncontested Investing, we continue our deep dive on laws and regulations that every real estate investor needs to understand. In Part 1, we focused on what to know before you buy. In this Part 2, we move into post-purchase responsibilities: landlord–tenant laws, disclosures, security deposits, habitability standards, fair housing, pets and service animals, ongoing compliance, taxes, and insurance.
We unpack why your lease can’t waive tenant rights, why you must disclose things like lead-based paint, how security deposits are supposed to be held and returned, and what “habitable” really means when it comes to heat, hot water, alarms, and repairs. We also dig into entry-notice rules, the Federal Fair Housing Act, how to handle pets and service animals without getting yourself in trouble, and why compliance is not a one-time box to check but an ongoing part of your job as an investor.
If you want to keep your assets protected, avoid nasty surprises, and build a reputation as a pro in your market, this episode will give you a practical framework to stay on the right side of the law after you own the property.
Quotables
“Leases can’t waive tenant rights, and they must disclose lead-based paint if pre-1978.”
“You can’t just come in and do check-ups just because you want to. You really need to reach out to the tenant ahead of time, and it has to be for something that you want to check on the property.”
“The thing about compliance, understanding laws and regulations, is it’s something that’s ongoing. It’s a fluid situation.”
Links
RCN Capital
https://www.rcncapital.com/podcast
REI INK
