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:
10 Rental Property Financing Ideas from Pro Real Estate Investors
Leverage. It’s one of the great advantages of real estate over other types of investments. You can finance 80%, 90%, even 100% of your investment. Ever tried doing that with stocks? Good luck finding a lender. The best you can do is buy stocks on margin, and that’s a...
Texas Rental Laws Guide
The Lone Star State boasts relatively landlord-friendly rental laws. Texas also has second largest economy in the USA, after California. (Real estate investors, can you say "Opportunity?”) Median gross rents are in the $950 range and climbing....
8 Lease Contract “Hacks” To Protect Landlords’ Rental Properties & Profits
Want a profitable rental property, as a landlord? You can (and should) take all the standard steps to protect your investment from bad tenants. After collecting rental application forms, you run tenant screening reports, check the tenant's previous rental records,...
South Dakota Rental Laws Guide
Mount Rushmore is certainly not the only reason people come to South Dakota. Although, it certainly helps it to bring in almost two billion dollars annually in tourism revenue. Plus, South Dakota has a strong agricultural base and plenty of...
Tennessee Rental Laws Guide
From Nashville to Memphis, Elvis and Graceland, to being the country music capital, Tennessee has a lot to boast. According to SmartAsset.com rents in this great state are below the US average. A typical two-bedroom apartment, rents for about $995 per month. The cost...
The Shrinking Generational Gap & Shifting Renter Demographics
People often look to the millennial generation for an idea of where markets will trend. And with good reason — this is the largest generation since the baby boomers, and is expected to overtake the number of baby boomers in 2019 when trends hit...
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