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:
Can You Use a Business Loan to Buy Rental Properties?
When you need financing to buy a home, you look for a home loan. When you need financing for a small business, you might look for a business loan. But what if you’re in the business of buying rental property—like, say, a real estate investor? Of course you can...
Ep. #154: Airbnb Investing Tricks with “Living Off Rentals” Host Kirby Atwell
How do you build a short-term rental business? Kirby Atwell has built a multimillion dollar real estate empire the slow way, and shares his tips for earning more cash flow with Airbnb vacation rentals.Video Broadcast Version Audio Podcast Version Also available on...
Ep. #153: The “Silver Tsunami” Is Coming: Probate Investing with Sharon Vornholt
With baby boomers aging rapidly while holding a disproportionate amount of U.S. property, there's ample opportunity for real estate investors to score deals through probate investing. Sharon Vornholt began investing in 1998 and was originally a rehabber and a...
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....
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