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:
New Laws Criminalizing Landlords: Is Orange the New Landlord Uniform?
Image Credit: Officer Bimblebury under the Creative Commons Attribution-Share Alike 4.0 International licenseWhen did we as a society start criminalizing landlords? Like so many other creeping, insidious changes in our society, it didn’t happen overnight. An early...
Ep. #59 How to Reach Financial Independence by Being Frugal
Can you reach financial independence through frugality alone? Yes, with some caveats. A higher income certainly helps, but it doesn't matter how much you earn if you don't save and invest any of it. Deni brings on Jen Smith from Modern Frugality to talk about creative...
Ep. #58 Worst Cities & States for Landlord Regulation
Some cities and states just don't like landlords. And they make life for investors far harder. So? Don't invest in these markets. Put your money in investor-friendly markets instead for higher returns and fewer headaches. Deni and Brian explain typical state...
Ep. #57 How to Deal with Bad Contractors
Hiring and managing contractors is one of the hardest parts of investing in real estate. Deni and Brian walk through what you need to know about screening out bad contractors, managing repair jobs to avoid problems, and how to handle contractors if they go bad on...
Ep. #56 Scaling Fast to Multifamily with Becky Nova
How do you reach financial independence with rental properties in under three years? Becky Nova from Lady Landlords comes back on the show to talk about multifamily properties, house hacking, investing in overseas real estate, living abroad part-time, and hard-won...
Utah Rental Laws Guide
Aside from some of the best skiing and most beautiful mountain ranges, Utah attracts real estate investors as a landlord-friendly state. At a Glance: Late Fees: Utah has no stated limits for late fees. Security Deposit: Utah has no stated limitations on...
I Want Help With:
Ready to Accelerate?
Weekly rental investing and management tips, plus access to our free video series. Booya!
