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 Landlord’s Guide to State And Federal Rental Application Laws
The Big Picture On State And Federal Rental Application Laws: Landlords must avoid discrimination based on race, color, national origin, religion, sex, familial status, and disability. Federal law requires landlords to accommodate service and emotional support...
Clever Ways to Earn Extra Money from Your Rentals
The Big Picture on Earning Extra Money from Your Rentals: Leasing furnished or semi-furnished properties allows landlords to charge higher rents and justify larger security deposits. Offering services such as housekeeping, landscaping, or pool maintenance can generate...
7 Common Landlord Repairs All Property Owners Should Know How to Fix
The Big Picture On Common Landlord Repairs: Landlord repairs can save you a lot of money—if you can do them properly. Most common repairs include re-caulking, fixing leaky pipes and faucets, patching drywalls, and painting. It's important to ensure your and your...
5 Steps to Become a Millionaire from Real Estate in 5 Years
The Big Picture on Becoming a Real Estate Millionaire Within 5 Years: Decide if you want to actively manage properties or invest passively through platforms like real estate crowdfunding and syndications. Implement techniques like the BRRRR method so you can...
19 Real Estate Side Hustles to Save & Invest Money Faster
The Big Picture On Getting A Real Estate Side Hustle: Many real estate side hustles, such as bird-dogging and rental arbitrage, require minimal upfront investment, making them accessible to beginners. Engaging in these side hustles helps develop valuable skills such...
How Much to Save to Retire Quickly (Charted)
The Big Picture on How Much To Save To Retire Quickly: Your savings rate and living expenses significantly influence how much you need to save for retirement. Lowering living expenses both boosts your savings rate and decreases your required nest egg. Focus on the...
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