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:
How Much Can a Landlord Charge for Cleaning? Rules for Tenant Cleaning Fees
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The Big Picture on Our Online Real Estate IRR Calculator: Internal rate of return (IRR) measures the annual growth rate of an investment, considering both cash flow and capital gains over the holding period. Real estate investors use IRR to compare multi-year...
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How to Invest in Real Estate: 15 Strategies for Real Estate Investing
The Big Picture on Real Estate Investing Strategies: Real estate investment strategies vary widely, from residential rental properties to commercial real estate and raw land, each with unique benefits and challenges. Proper due diligence, including understanding local...
What’s the 4% Rule in Retirement? Safe Withdrawal Rate in Retirement Calculator
The Big Picture On Safe Withdrawal Rates In Retirement (With Calculator): A safe withdrawal rate is the annual percentage of retirement savings you can withdraw without exhausting your funds, typically considered to be around 4%. Various methods to calculate a safe...
How to Start an Airbnb: 14 Tips for Fast Success
The Big Picture on How To Start A Successful Airbnb: Understanding local laws is crucial before listing your property on Airbnb, as many cities have strict regulations and taxes on short-term rentals. Price your Airbnb competitively against local hotels, not other...
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