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:
The Complete Guide to Real Estate Wholesaling: How to Earn $15-25K Per Deal
The Big Picture on Real Estate Wholesaling: Focus on markets with strong investor demand, such as major metropolitan areas, and target motivated sellers from specific distressed property lists using cost-effective outreach methods like calls and texts. Instead of...
Why “Dying With Zero” Could Be Your Smartest Financial Move
The Big Picture on The "Dying With Zero" Strategy: Timing wealth distribution strategically can have a greater impact than leaving a large inheritance, as financial support during key life moments can be more beneficial than receiving wealth later in life. Over-saving...
Everything You Know About Money is Wrong: Insights from Real Estate Attorney Mauricio Rauld
The Big Picture on Insights from Real Estate Attorney Mauricio Rauld: Prioritizing investment over excessive spending can accelerate wealth building, as seen in Jim Rohn’s 90% investment strategy and Grant Cardone’s 50/50 rule. Active investments, such as real estate...
Debunking the High-Risk, High-Return Investment Myth: A Multi-Dimensional Approach to Smart Investing
The Big Picture on High-Risk, High-Return Investments: Investing involves multiple dimensions beyond risk and return, including liquidity, time commitment, tax implications, and regulatory constraints, all of which shape investment decisions. High returns don’t always...
High-Performance Portfolio Optimization: Why Fewer and Deeper Wins
The Big Picture on Portfolio Optimization With The “Fewer and Deeper” Strategy: While diversification protects against downturns, excessive diversification dilutes returns, increases complexity, and leads to missed opportunities. Managing too many investments is...
Why Everything You Know About Money Might Be Wrong: Insights from a Top Real Estate Attorney
The Big Picture on Mauricio Rauld's Tips For Building Wealth : Wealthy individuals prioritize a high savings rate by maintaining a modest lifestyle even as their income grows, allowing for larger investments over time. Traditional investment vehicles like 401(k)s may...
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