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:
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...
Ep. #170: Can You Optimize for Luck? Maximizing “Luck” in Your Investments & Career
Can you create your own luck? It turns out you can, by simply putting yourself in front of more opportunities. Deni and Brian break down ways to increase your luck in both your investments and your career.Video Broadcast Version Audio Podcast Version Also available on...
Ep. #169: How to Buy Properties Long-Distance with Eric Martel
Like the idea of long-distance real estate investing, but don't have a network in place to help you? Eric Martel talks out-of-state investing, and how to tap into other people's networks to invest in properties long-distance. Video Broadcast Version Audio Podcast...
Where Does Real Estate Fit in Modern Portfolio Theory?
Even as every other “sacred cow” of investing comes under question, investors keep standing by the classic 60/40 stocks/bonds portfolio. Famed for its simplicity and historical resilience, this approach has guided generations of investors in balancing growth and risk....
Ep. #168: How to Pick Winners: Vetting Passive Real Estate Investments with Dave Dubeau
How do you vet a passive real estate syndication deal to sift low-risk investments from high-risk ones? Dave Dubeau explains how he quickly and effectively separates the wheat from the chaff in passive real estate syndications. Video Broadcast Version Audio Podcast...
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