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:
Ep. #168: How to Pick Winners: Vetting Passive Real Estate Investments with Dave Dubeau
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How to Pay for College with Real Estate Investments
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Ep. #167: How to Invest at Each Phase of the Housing Market Cycle with M.C. Laubscher
In this episode, we dive deep into: ✨ Understanding the Housing Market Cycles✨ Strategies for Each Phase - Bull, Bear, and Recovery✨ Pro Tips for Successful Real Estate Investments✨ Common Pitfalls to Avoid in the Housing Market M.C. Laubscher is a seasoned expert in...
Should You Ever Invest in Properties with Negative Cash Flow?
Conventional wisdom should be questioned. At one time, conventional wisdom held that the sun revolved around the earth. And that the earth was flat, and that smoking was completely safe. Even when conventional wisdom isn't wrong per se, it can be limiting. For...
Ep. #166: How Do You Measure “Return on Hassle”? Active vs. Passive Investing
Sure, you calculate a deal's return on investment before committing money. But what about "return on hassle"? In this episode, we break down the age-old debate between active and passive investing. 📈 Is the extra effort worth the potential returns? Join us as we go...
13 Hidden Benefits of a High Savings Rate & the FIRE Lifestyle
Whenever bad economic news dominates the headlines, pundits love to declare “The FIRE movement is dead, long live the FIRE movement!” They shouted it during the pandemic, during the stock market crash in 2022, during the sustained inflation and cooling real estate...
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