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. #134: Phase Out of Bonus Depreciation & How It Affects Real Estate Investors
Bonus depreciation in real estate allows investors to deduct the full cost of capital improvements in the same tax year the expense is incurred. But, it's starting to phase out, scheduled to disappear entirely by the end of 2026. So what do you need to know about...
Ep. #133: Flipping Hundreds of Houses with Levi Kushnir
How do you scale a real estate flipping business to quickly become a millionaire investor? Levi Kushnir explains how he did it, starting with humble beginnings as an intern for a local bank.Video Broadcast VersionAudio Podcast Version Also available on iTunes,...
Ep. #132: Do Passive Syndication Investors Get the Same Tax Breaks as Landlords?
Confused about what tax breaks are available to passive investors in real estate syndications compared to active property investors? Brian and Deni discuss these differences (hint: they're similar, but not identical). Video Broadcast VersionAudio Podcast Version Also...
Dollar Cost Average Calculator: How to Use It For Real Estate
The Big Picture On Using A Dollar Cost Average Calculator: Dollar Cost Averaging (DCA) involves investing a fixed amount regularly, regardless of market conditions, to mitigate the risks of market volatility. While commonly associated with stocks, DCA can also be...
Ep. #131: Lauren Aumond from Adulting Is Easy on Reaching FI in Her Mid-30s
Lauren Keen Aumond is a real estate investor based in Tampa Bay, Florida. She and her husband will be retiring soon in their mid-30's with help from their 12 rentals and their index funds. How did they do it? Brian and Lauren talk vacation rentals, savings rates,...
Passive Income Types: The Best Sources of Passive Income
The Big Picture On Types Of Passive Income Passive income sources like rental properties, stock dividends, and royalties can provide financial stability but often require initial investment and strategic planning to ensure sustainability. Different types of passive...
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