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. #93 John Maxim on Reaching Financial Independence by 40 with Real Estate
John Maxim is 44 and has been financially independent for years. How'd he do it? Through a mix of house hacking, rental properties, and flipping houses with no money down. John joins Deni & Brian to talk about exactly how he did it, the mistakes he made along the...
Should You Sell a Property with Tenants Living in It?
There are no federal, state, or local regulations that prevent the owner of a rental property from selling it while renters live on the premises. However, it can present some challenges. Sellers should plan carefully before listing tenant-occupied properties on the...
Ep. #92 No Lease, Free Lease, or State-Specific Lease – What’s Really the Difference?
How well does your lease agreement protect you against liability? How well does it protect your property from the most common damage risks, such as scratched floors and artwork holes in the walls? Deni and Brian break down what good leases protect landlords from, and...
Ep. #91 Typical Rent Increases vs Inflation: How Much to Hike
With inflation so hot right now, should landlords raise their rents faster than usual? Deni and Brian walk through what you need to know about raising rents during high inflation.Video Broadcast VersionAudio Podcast Version Also available on iTunes, Stitcher, and...
Financial Independence from Flipping Houses: How John Maxim Did It
From wholesaling to property management, vacation rentals, house flipping, mortgage lending, commercial real estate to residential, John Maxim has done it all. He has founded multiple seven-figure businesses including Tree Fort Realty, Rhino Property Management, Savvy...
Ep. #90 How Greg & Erin Retired Young with Rental Properties
Ever dreamed of retiring in your 30s or 40s? Greg and Erin Wilson did that. And yes, they have three young children. Deni and Brian chat up the Wilsons about exactly how they reached financial independence and retired young - and how anyone can do the exact same...
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