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. #130: Can You 1031 Exchange a Property to a Real Estate Syndication?
This question comes up often when we discuss syndication investments. Brian and Deni how you can actually use a 1031 exchange to purchase syndication investments, and the limitations in place.Video Broadcast VersionAudio Podcast Version Also available on iTunes,...
Arrived Review: Fractional Ownership in Rental Properties for $100
As someone who teaches people how to invest in rental properties, should I be worried about how easy Arrived makes it to invest without any knowledge or skill? Arrived (formerly Arrived Homes) is a real estate crowdfunding platform that lets you buy fractional shares...
Ep. #129: Boredom: The Silent Killer Risk For Smart People’s Finances
Investors get bored of dollar cost averaging, index funds, and robo-advisors — and then they start trying to beat the market by picking individual stocks or trying to time the market. Don't do that. Instead, try expanding into these options for real estate investing,...
How to 1031 Exchange into Real Estate Syndications
Real estate syndications have exploded in popularity among investors seeking passive income, diversification, and higher yields than many traditional investments offer. But if you're a landlord looking to switch to passive syndication investing, can you avoid capital...
Ep #128: Real Estate Side Hustles to Save Money Faster
Real estate investing take money. A lot of money. Fortunately, it also offers endless ways to make money. Deni breaks down some real estate side hustles to help you earn extra money while you save money to invest.Video Broadcast VersionAudio Podcast Version Also...
Ep. #127: What Are “Infinite Returns” on Real Estate & How Do Your Earn Them?
What's your return on investment if you invest $0 and then earn money on it? Mathematically, your returns are infinite. Brian breaks down exactly how to earn infinite returns in real estate, investing money in rental properties or real estate syndications and then...
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