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:
Tax Liens, Tax Deeds, and Mortgage Foreclosures: Finding Riches in Overlooked Niches
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5 Niche Real Estate Investment Strategies Outperforming the Market
At a Glance: Invest in Recession-Resilient and Inflation Proof Assets - Focus on real assets like real estate, commodities, and affordable housing projects that hold or increase value even during downturns. These provide stability when markets are volatile. Diversify...
Escaping the Middle-Class Trap: How to Unlock Financial Freedom Early
At a Glance: Avoiding the Middle-Class Trap – Locking money into retirement accounts and home equity limits flexibility; instead, focus on strategies that give you liquidity and freedom. Alternative Wealth-Building Strategies – Options like passive real estate...
How to Protect Against “Political Risk” to Your Portfolio
At a Glance: Political instability è economic instability Protect yourself with recession-resilient investments and inflation-resilient investments Also look into international investments and contingency option Oops, they did it again: Congress failed to pass a...
Can Your Retirement Survive Coming Social Security Changes?
At a Glance: Social Security is projected to be insolvent by 2032. Expect benefit cuts, a higher retirement age, higher taxes, and means-testing as possible fixes. I’m personally preparing for Social Security reform by savings and investing in high-yield investments....
Who Counts as Upper-Middle Class?
At a Glance: “Upper-middle class” is subjective, but two objective ways to measure it are net worth and income We used the 75th to 90th percentiles for both to define upper-middle class Real estate investing can help you get there faster here’s how The term...
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