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:
Mortgage, Financing, and Property Loan: How to Get a Loan for a Rental Property
One of the significant advantages of investing in real estate is leverage: the ability to buy your assets with other people’s money. The property appreciates even as your loan balance shrinks. Your rents go up every year while your debt payments stay fixed. That makes...
Common Craigslist Rental Scams… Renters Beware!
The Big Picture on Common Craigslist Rental Scams: Craigslist rental scams are more common than you think. Scammers often lure victims with low prices to attract attention. Scammers found on Craigslist may pose as landlords, show rental properties, and sign multiple...
Ep. #172: Enhancing Your Edge as a Real Estate Investor: Unconventional Strategies and Hidden Niches
In the realm of real estate investment, gaining a competitive advantage often involves exploring avenues beyond the conventional. Deni and Brian delve into niche investing strategies and markets. Video Broadcast Version Audio Podcast Version Also available on iTunes,...
Ep. #171: From Money Myths to Reliable Wealth Strategies with Stephanie Walter
Which money myths do you fall prey to? How are you planning to build wealth through retirement, and then pass it along? Brian chats with Stephanie Walter about the most predictable paths to build and keep wealth over time. Video Broadcast Version Audio Podcast Version...
A 3%-Down Rental Property Loan? How to Use Fannie & Freddie Loans for Investing
A few years back, Fannie Mae and its brother lender Freddie Mac launched loan programs called HomeReady and Home Possible, respectively. Their purpose? To compete with the 3.5% down FHA loan program and help low- to moderate-income borrowers buy a home without much...
Concreit Review 2024: Short-Term Real Estate Fund & Fractional Shares
The Big Picture on Our Concreit Review: Concreit allows investors to start with as little as $1 for its pooled fund and $100 for fractional property shares. It offers exceptional liquidity, enabling investors to withdraw funds at any time without penalties on the...
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