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:
16% Income Yield? Does That Make It a High-Risk Investment?
At a Glance: There are more dimensions to investments than just risk and returns. That’s why some investments can come with high returns and low or moderate risk but have other drawbacks. Tomorrow, the Co-Investing Club is meeting to vet a land fund that has paid 16%...
8 Real Estate Side Hustles That Can Earn You Six Figures
At a Glance Real estate side hustles don’t always require huge capital - Many entry points like wholesaling, real estate photography, or managing Airbnb for others need little to no upfront investment, making them accessible to beginners. Multiple pathways to six...
From Broke to Millionaire in 7 Years – How I Did It
At a Glance: People say it’s impossible to become a millionaire in 6-7 years without a high income. They’re wrong I’ve done it. The combination of a high savings rate and high investment returns can get you there too. When I first started investing in real estate in...
Tax Liens, Tax Deeds, and Mortgage Foreclosures: Finding Riches in Overlooked Niches
At a Glance: Tax Liens vs. Tax Deeds: Tax liens are more passive (earning interest on unpaid property taxes), while tax deeds are active (buying properties outright and managing them). Hidden Opportunities: By targeting overlooked niches—such as live tax deed auctions...
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...
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