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 Steve Reached Financial Freedom with Real Estate Syndications
“A young man came to my office, asking to work for me. He said ‘I’ll work for free — just give me something to do.’ Immediately, I noticed his work ethic, his intelligence, passion and that he was driven; I hired him. “After a few months of working around the office,...
How to Drive Up Market Rents for Your Properties
When you run the numbers for a prospective rental property and compare it to similar properties in the area you'll find opportunities. You may be able to improve your profit margin, either through charging higher rents or reducing ongoing costs for maintenance and...
Ep. #105: Why Self-Storage Beats Residential Real Estate
Thought about self-storage as an alternative real estate investment? From high returns to recession-resistant assets, Deni & Brian break down why you should consider storage facilities over residental real estate investing.Video Broadcast VersionAudio Podcast...
Ep. #104: How Dandan Zhu Retired at 28 with Real Estate Investments
Dandan Zhu spent her 20s in the high-stress world of headhunting, then she bought her first rental property, and within 4 years quit her job.Video Broadcast VersionAudio Podcast Version Also available on iTunes, Stitcher, and wherever else you listen :-)Resources...
Free Loan Calculator With Amortization Schedule
Take one look at an amortization schedule and you discover that “simple interest amortization” is a misnomer. Still, it’s not rocket science either. An amortization table shows you how quickly you’ll pay down your loan balance over the course of your loan term. And...
Ep. #103: How Tom Brickman Became a Millionaire on a $55K Salary
Tom Brickman had an amazing journey going from his day job at a movie theater to "retiring" in his 30s as a successful real estate investor. On a modest salary, he reached a million-dollar net worth at age 31. Here's exactly how he did it, and how you can do the...
I Want Help With:
Ready to Accelerate?
Weekly rental investing and management tips, plus access to our free video series. Booya!
