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. #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...
Ep. #149: How to Plan & Reach Your Financial Independence Day
The steps for financial Independence are easy to understand, but a bit harder to actually implement. Brian and Deni break down the steps to get there, plus some tricks and hacks to help you reach financial freedom faster!Video Broadcast Version Audio Podcast Version...
Ep. #148: How Matt Aitchison Buys Properties with None of His Own Money
How do you flip houses without any money? Better yet, how do you buy commercial properties worth millions of dollars without any of your own money? Brian chats with Matt Aitchison of the Millionaire Mindcast about how he's done exactly that.Video Broadcast...
Ep. #147: Options for Financing LLC-Owned Rental Properties
How do you finance investment properties owned under and LLC or other legal entity? Deni and Brian break down several options for financing LLC-owned properties. Video Broadcast Version Audio Podcast Version Also available on iTunes, Stitcher, and wherever else you...
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