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. #88 What’s a Quitclaim Deed & How Do Investors Use Them?
Not sure what a quitclaim deed is, or how to use it to transfer real estate ownership? Deni and Brian break down exactly how to use quitclaim deeds as a property owner.Video Broadcast VersionAudio Podcast Version Also available on iTunes, Stitcher, and wherever else...
Ep. #89 Minimizing Gift Taxes & Estate Taxes for Real Estate.
Thinking about gifting real estate to your children or to charity? Deni and Brian talk through the tax consequences of giving property, both while you're alive or as part of your last will to transfer in your estate plan.Video Broadcast VersionAudio Podcast Version...
What Is Compounding? Compound Interest Calculator, Formula & Investments
If you ever hope to reach financial independence and early retirement, you need more than just a high savings rate. You need investments that do the heavy lifting for you. Enter compound interest, A.K.A. compounding returns. But what is compounding? What’s the formula...
Ep. #87 Buying & Renovating Mobile Homes with Adrian Smude
Ever considered buying land with a mobile home on it? That's Adrian Smude's investing model, and it generates high returns with low costs. Here's how he invests, and how you can follow suit.Video Broadcast VersionAudio Podcast Version Also available on iTunes,...
How Much Real Estate Should Go in My IRA?
The earlier you want to retire, the more proactive you need to be in funding your post-work life. There are many ways to achieve financial independence for early retirement (FIRE). But many real estate investors wonder how they can put real estate in their IRAs....
Historical Stock Market Return: Average S&P Returns Since 1926
Real estate investors often assume that real estate returns beat stock returns. And it’s often true — check out this study on returns over 145 years in 16 developed countries. But to compare real estate versus stocks, it helps to know the average historical stock...
I Want Help With:
Ready to Accelerate?
Weekly rental investing and management tips, plus access to our free video series. Booya!
