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 and Rental Income: How to Finance Rental Properties When You’re Self-Employed
Financing real estate investments can be tricky when you're self-employed. Lenders look for consistent income, which is harder to show without a W-2. But getting a mortgage is very doable with the proper documentation verifying your earnings, plus preparation and...
Housing Bubble 2024: Are U.S. Housing Markets Crashing?
Remember the housing bubble, real estate market crash, and Great Recession in 2008? I do. It was an utter nightmare for me and millions of other property owners, representing the second-largest recession in American history, junior only to the Great Depression. Given...
NACA Loans: Can You House Hack with 0% Down Using the NACA Program?
The Neighborhood Assistance Corporation of America (NACA) is a nonprofit organization aimed at making homeownership affordable to underserved borrowers in lower-income communities. Its programs provide great perks like no down payments, closing costs, private mortgage...
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,...






