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:
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...
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,...
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