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. #66 6 Steps to Go from Part-Time to Full-Time Landlord
Yes, it takes years to reach financial independence and retire early. But it doesn't have to take nearly that long to quit your day job and become a full-time landlord and real estate investor. Deni and Brian talk through six steps to become a full-time real estate...
West Virginia Rental Laws Guide
Even though West Virginia was the first state to charge sales tax, the state is very much landlord-friendly. West Virginia Rental Laws At a Glance: Late Fees: West Virginia has no stated limits placed on a late charge, but it must be spelled out in the lease....
Washington Rental Laws Guide
Not only is Washington the home of Microsoft and Bill Gates but the place where the great cup of coffee of Starbucks was born. Washington tends to favor the tenant in its landlord tenant laws. Washington Landlord-Tenant Laws at a Glance: Late Fees: Washington...
Virginia Rental Laws Guide
Virginia, home of the Blue Ridge mountains, the Chesapeake Bay and beautiful Virginia Beach. Overall, Virginia is moderately landlord friendly. However, the pandemic has created a more tenant-friendly climate. At a Glance: Late Fees: Virginia does not have a...
Vermont Rental Laws Guide
Renowned for its maple syrup, Vermont is the home of John Deere, and unfortunately for landlords, a vastly tenant-friendly state. At a Glance: Late Fees: Vermont has no specified limits on the amount of a late fee. Security Deposit: Vermont has no stated law...
Ep. #65 Geoarbitrage: How to Take Advantage of Cost-of-Living Differentials
How can real estate investors take advantage of geoarbitrage, or the lower cost of living in other parts of the country or the world, to save more money or earn higher returns? Deni and Brian walk through seven ways geoarbitrage can help you reach financial...
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