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 One Couple Retired Early with a Single Rental Property to Sail Europe
Martha and Terry live the dream. They currently live on a houseboat, sailing the rivers of Europe. From the canals of Amsterdam to beautiful Strasbourg, France, the retired couple has enjoyed waterfront living all over Europe. How did they do it? And how can you do...
Ep. #157: Creative Real Estate Investing Tips with Chris Prefontaine
Want to earn high returns on real estate investments? Zig while other investors zag. Chris Prefontaine, AKA The Smart Real Estate Coach, offers some of his best actionable tips to creatively invest in real estate for lower risk and higher returns.Video Broadcast...
California Rent Control Laws (2024): State Rent Stabilization & Cities with Rent Control
Almost half of California's residents live in rentals. The cost of living, especially rental rates, has risen dramatically over the last two decades, creating some of the least affordable rental housing in the world in many California cities. California’s response?...
Ep. #156: Can You Automate Rental Property Accounting? Just Ask Logan Ransley
Logan Ransley explains how he built a mobile app and software platform specifically for mom-and-pop landlords, with all kinds of features to automate accounting, bookkeeping, tenant screening, and more. Video Broadcast Version Audio Podcast Version Also available on...
Ep. #155: What the Heck Is Private Equity in Real Estate Investing?
Heard the term "private equity" through around but don't know what it means? You're not alone. Most people don't understand private equity investing. Which is precisely why there's an opportunity there for people who do. Brian and Deni demystify private equity real...
Average Property Management Fees: Common Costs & Negotiation
Becoming a landlord is stressful enough without getting nickeled and dimed by property managers. When you hire a property manager, you delegate the labor of advertising vacant rentals, screening tenants, signing lease agreements, and collecting rent to them. For the...
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