National Tenant Network

Here is more information I received today from NTN's Newletter. Don't forget that John will be at our meeting on the 19th of this month. He will be explaining the program and answering any and all of your questions. Plan on being there and bring a friend that is also a landlord.

FAIR HOUSING LAWS Fair housing laws are in place to prevent discrimination in housing transactions, including sale, rental or financing of property. The Fair Housing Act prohibits discrimination based on race, color, national origin, religion, sex, familial status and disability. Should you violate these laws as a landlord, whether intentionally or accidently, you may be sued in Federal Court and ordered to pay actual and punitive damages, as well as attorney's fees and costs. NTN solves this problem for our subscribers with NTN DecisionPoint. For consistent, documented tenant selection, this is the report that will simplify your leasing process.

READ MORE ABOUT NTN DECISIONPOINT  NTN DecisionPoint reviews an applicant's background and produces an overall score, much like a credit score, along with a corresponding rental recommendation - both of which are based on a thorough and objective analysis of both the applicant's credit record and his or her history of eviction(s) and/or lease violation(s). NTN DecisionPoint also takes into account longevity of employment and longevity of residence, thereby ensuring a higher probability of overall resident retention. In addition, the NTN DecisionPoint report is accompanied by a comprehensive NTN tenant-performance profile, a detailed eviction and lease violation history, screening history, landlord identification and terrorist search. To see a sample NTN DecisionPoint report, CLICK HERE.

STRONG RENTAL MARKET CONTINUES     There are enough impediments to homeownership, experts argue, to keep the rental market strong for the immediate future, including a still-recovering jobs market, increasingly stringent mortgage requirements, and a sizable swath of the home-buyer base that is still reeling from the effects of the housing market downturn, with underwater or delinquent mortgages. Plus, the nation's two largest generational groups-the baby boomers, who are at or near retirement age, and the Millennials, most of whom are in the very early stages of their career, are ripe for long-term rentals.