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 Many Rental Properties Does It Take to Retire Early?
Rental properties are a great way to fund some or all of your retirement. They produce steady, predictable income without eating into your principal. And they have many tax advantages and other benefits for retirement. But before you embark on a multi-year real estate...
What Is Credit Repair & How Do You Do It?
Are credit score woes keeping you down? If you have a lower score, it could be stopping you from getting a loan or the rental unit you really want. And while it's possible to get an investment property loan with bad credit, it's much harder and costs you more. The...
Ep. #102: What To Do When A Tenant Leaves Junk Behind
Keeping renting out properties long enough and you'll encounter junk abandoned by your tenants. Deni and Brian break down what to do when you discover your renter moved out and left behind trash, furniture, and more.Video Broadcast VersionAudio Podcast Version Also...
Ep. #101: 10 Most & Least Desired Home Features of Renters & First-Time Buyers
What home amenities do renters and homebuyers want in 2022? Brian breaks down a study showcasing the Top 10 Most Desired Home Amenities, and the most undesired real estate amenities as well.Video Broadcast VersionAudio Podcast Version Also available on iTunes,...
Where Are Housing Starts Declining? (Interactive Map)
After building permits for new single-family homes reached its highest pace since 2005 last year, new home starts appear to be slowing. Despite the COVID-19 pandemic interrupting the majority of industries across the globe, home building witnessed a boom not seen...
Ep. #100: How to Invest If You Fear a Housing Market Correction
Worried about a housing market correction? You certainly aren't alone. With the words "recession" and "correction" on everyone's lips, here are some recession-proof ways to invest even if real estate markets dip in value in the near future.Video Broadcast VersionAudio...
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