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. #67 Level Up Your Real Estate Faster with Abhi Golhar
Today, Abhi Golhar owns a multimillion dollar real estate portfolio. He hosts the Think Realty podcast (among the Best Real Estate Investing Podcasts currently airing), teaches other entrepreneurs how to build and buy businesses, and has written several bestselling...
Wyoming Rental Laws Guide
Wyoming has the smallest population in the Union, and the home of the Yellowstone National Park. Wyoming offers landlord-friendly rental laws. At a Glance: Late Fees: Wyoming has no stated limits placed on a late charge. Security Deposit: There is no stipulated...
Wisconsin Rental Laws Guide
In Wisconsin renters make up about 33% all households. The cost of living and rents are more affordable than most other states. If that is not enough, Wisconsin has landlord-friendly state laws. At a Glance Late Fees: Wisconsin has no stated limits placed on a...
Multi-Family Unplugged: Bonus Episode with G. Brian Davis
The fun, raw real estate podcast Multi-Family Unplugged hosts our own G. Brian Davis! Brian chats with Mike Morawski and Gordon Moose about all the mistakes he made when he first started real estate investing, the hard-won lessons along the way, financial independence...
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....
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