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. #152: Are Real Estate Markets Bottoming Out? What the Data Says
Hundreds of housing markets across the U.S. dropped in value in 2022 and early 2023. Have they hit bottom and started rebounding? Brian and Deni analyze the real estate market data to give you a sense for not only where we've been in the first half of 2023, but also...
Ep. #151: How Jenny Gou Quit Her Job 3 Years After Buying Her First Property
Within three years of buying her first real estate investment, Jenny Gou reached financial independence and quit her day job. How'd she do it? Brian learns all about how Jenny did the seemingly impossible, and how you can replicate what she did.Video Broadcast Version...
“I Rented Dirt”: How Scott Replaced His 9-5 Income by Flipping Land
“Oh, I also had a few rental homes, but I mainly rented dirt.” So begins Scott Todd’s story, his journey from corporate manager to land investor to able to cover his living expenses on land income alone. Scott reached financial independence in under a year and a half....
Ep. #150: Use Big Data for an Edge in Real Estate Investing with Smitha Puranik
With the rise of AI, data is more important than ever. But how do you use data to earn more as a real estate investor? Brian chats with Smitha Puranik, data analyst for several large real estate sites including Ownerly and NeighborWho, to talk about the intersection...
Rent Incentives on the Rise: 9 Ideas That Won’t Break the Bank
It’s hard to make sense of the real estate market right now. The rising interest rates that began in 2022 have made mortgages more expensive. And yet home prices in most markets continued to rise, and rents along with them, as demand for homes remained strong into...
Groundfloor Review 2024: Short-Term Real Estate Investing with Strong Returns
Looking for a way to invest in real estate short-term, and wondering “Is Groundfloor legit?” Groundfloor offers a rare short-term real estate investment, letting you invest money toward hard money loans. These loans to real estate investors typically come with terms...
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