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:
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...
Ep. #99: Self Storage Investing & Syndications with Tom Dunkel
Ever considered investing in self-storage facilities? Brian chats with Tom Dunkel, who specializes in real estate syndications of self-storage buildings. They discuss the high returns on self-storage, why it's a largely inflation-proof investment, how to get started...
How Much Do Different Types of Flooring Cost?
It seems like landlords need new flooring between every single tenancy. So what flooring options are available, how much do they cost, and how does new flooring affects your property value? Whether repairing flooring that has seen better days or sprucing up your...
Ep. #98 What Happens When A Tenant Dies In Your Property
Ever wonder what happens when a tenant dies while still occupying your rental property on an active lease agreement? Deni walks through the legal consequence when a renter dies while leasing your property.Video Broadcast VersionAudio Podcast Version Also available on...
Is It Too Late To Invest in Real Estate? (The 2-Minute Drill of Life)
A few years ago I was talking to a real estate coaching client who was extremely anxious about his finances. The details have been changed for his privacy, but let’s call him James. James was in his late 50s, and he felt like time was working against him. A series of...
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