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 Real Estate Investors Can Protect Against Future Eviction Moratoriums
In the last eviction moratorium, some U.S. landlords couldn’t evict non-paying tenants for over two years. That is all but legalized theft. It’s like someone renting a car from Hertz without a credit card, then driving off on a two-year joy ride without paying. First,...
States with Population Growth: State Net Migration & Taxes Comparison
Quick Bites: A state's total "tax burden" includes income tax, property taxes, and sales and excise taxes. There is a correlation between state tax burdens and migration patterns — but it's not a perfect one. Other factors such as real estate affordability and climate...
Ep. #136: How Landlords Can Protect Themselves Against Future Eviction Moratoriums
The last time the government imposed an eviction moratorium, landlords couldn't enforce their lease contracts for a year and a half. So how can real estate investors protect themselves from future eviction moratoriums disrupting their cash flow and letting renters use...
Ep. #135: Invest in Affordable Housing without Becoming a Landlord with Mat Simmons
Like the idea of investing in affordable housing, but don't want to become a landlord? Join Brian as he interviews Mat Simmons about passive investing in affordable housing.Video Broadcast VersionAudio Podcast Version Also available on iTunes, Stitcher, and wherever...
10 Rental Property Financing Ideas from Professional Real Estate Investors
Leverage. It’s one of the great advantages of real estate over other types of investments. You can finance 80%, 90%, even 100% of your investment. Ever tried doing that with stocks? Good luck finding a lender. The best you can do is buy stocks on margin, and that’s a...
What Is a Landlord Insurance Policy & How Much Coverage Do I Need?
Just like homeowners, landlords need property insurance coverage. Too little coverage leaves you exposed to losses when and if your property suffers damage. But too much landlord insurance coverage is an unnecessary expense each month. Which means you need to strike...
I Want Help With:
Ready to Accelerate?
Weekly rental investing and management tips, plus access to our free video series. Booya!
