New Consideration for Virginia Landlords with 5 or More Rental Properties

The Virginia legislature made some changes to Virginia fair housing law in this 2020 term, effective July 1 2020, and source of funds is now a protected class. This is important to understand for everyone who owns or manages rental properties in Virginia!

What does this mean? “It is now illegal to discriminate in the sale or rental of a residential property based on a person’s source of funds” according to this article from the Virginia Association of Realtors.

What does “source of funds” mean? It’s a rental assistance, benefit, or subsidy program. These programs are what we think of with terms such as “Section 8” or “Housing Choice Voucher”.

So if a rental applicant is using a rental assistance program, as a landlord you cannot factor that in to your decision whether or not to accept that applicant.

There are two exceptions to this law:
(1) if the landlord owns four or less rental properties in Virginia. Ownership includes having more than a 10% interest in a business entity that owns rental property.
(2) “If the source of income is not approved by the administering program within 15 days, the owner is able to deny the tenant’s application.” (source)

Questions about screening applicants, or owning investment property in Virginia? Reach out, I’m happy to help!

Also, check out my YouTube Real Estate Investing playlist for helpful videos on being a landlord!

Northern Virginia: Plants I Love (Part 1)

I’ve been in Northern Virginia 9 years now, and I have learned a lot about what plants do well here (and are low maintenance!) over that time.

In this YouTube video I take you through my front garden bed and share my wisdom on what plants I love (and hate!) for Northern Virginia. I’m sharing plants that are easy keepers, stand up to deer, and are perennial so you don’t have to replant each year!

Here are links to each plant I mentioned in the video, in the order they are mentioned in the video:

Pencil Holly

Rhodedendron

English Ivy

Irises

Juniper Blue Rug Ground Cover

Lavender

Catmint

Dwarf Alberta Spruce

Hybrid Willow

Dwarf Globe Japanese Cedar

Lilac

Dead Horse Lily

Forsythia

Ornamental Grass

Hydrangea

Owners: HVAC Replacement & Maintenance Tips

As real estate investors we own SEVEN HVACs and have replaced SIX in the last several years. In this video we share insider tips on getting the best deal when replacing an HVAC, what to expect in the following years, and to protect your investment in a new HVAC system.

Appreciate the video? LIKE it and SUBSCRIBE to my channel, thank you!

Home Decor Timeless Trends: What to Invest In!

Today I’m sitting down with local interior designer Heather Bates, and she shares with us some tips on what high quality home decor pieces we should invest in that will stand the test of time.

Interested in working with Heather? Visit https://heatherbates.com/!

Appreciate the video? LIKE it and SUBSCRIBE to my channel, thank you!

Titling Property in a Trust: with Bobby Feisee of Insight Law

Bobby Feisee walks us through the process of moving any real estate into a trust, why it’s important, and an important consideration when the property is not a person’s primary residence. If you have a trust, or may have one in the future, this video applies to you!

For more information, or to work with Bobby, visit insightlaw.net or call 703.654.6019.

Appreciate the video? LIKE it and SUBSCRIBE to my channel, thank you!

Holiday Decorating Ideas with Lisa Reyes of Cor Design

Looking for an easy way to up the holiday vibe at your home? Lisa walks us through a craft so easy your two year old can help with it!

Interested in working with Lisa for your interior design needs? Visit her website at https://www.cordesign.net/, or reach her at lisa.reyes@cordesign.net or (571) 830-5368

Appreciate the video? LIKE it and SUBSCRIBE to my channel, thank you!