Leasing & Onboarding New Renters
Everything you need to know about signing new lease agreements and onboarding new tenants.
Preparing to sign a lease agreement?
Don’t sign it lightly.
Have you collected rental applications from a large pool of candidates? Have you run credit, criminal and eviction reports on all applicants? Collected application fees or charged the screening reports to the renter, to verify they’re committed?
If you’ve done all that, and made all the phone calls to verify income, employment, housing history, etc., and you feel 100% rock solid about this tenant… now you need to make sure you have a defensive lease agreement.
Think of your lease agreement as your shield, your armor. Most state landlord-tenant laws are extremely tenant-friendly, and designed to protect the renter, not the landlord. That means you’re responsible for protecting yourself.
How do you do that? With a comprehensive, protective lease package. Read on for more details, and happy leasing!
“Required Reading” – Start Here First!
Want more? We have you covered! Here’s some further reading on lease agreements, security deposits, move-in and everything else you need to know about onboarding new renters.
Full Library of Leasing & New Tenancy Articles:
Huge Cash Flow & Tax Benefits: Why You Should Invest in Car Washes
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Airbnb House Hacking: From Free Travel to an Empire of Airbnbs
The Big Picture on Airbnb House Hacking: Mike Cossette and his wife started by renting out their home during peak events to pay for travel — a move that sparked a cycle of income and inspiration, eventually leading to a portfolio of five properties. After being...
5 Weird Ways to Make Extra Money with Side Hustle Nation’s Nick Loper
The Big Picture on Weird Side Hustles: From typing poems in the park to fighting robocallers, the most unexpected ideas can generate serious income. Skills in mechanics, interior design, or legal knowledge can find surprising demand on the right platforms or social...
“Honey, I Bought an Island Over the Phone”
The Big Picture on How Three Friend Bought An Island: A spontaneous idea fueled by curiosity and drinks led three friends to buy a $60K private island in Florida, sight unseen. With no utilities or infrastructure, the team explored off-grid concepts like container...
Do “Unsexy” Investments Perform Best? Mobile Home Parks with Jordan Moorhead
The Big Picture on Boring, "Unsexy" Investments: With fewer than 50,000 parks and growing development restrictions, mobile home parks gain value over time and presents a ripe investment opportunity. Tenants in mobile homes rarely move due to high relocation costs,...
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