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:
Average Cost of Tiny Homes: Profitable Real Estate Investments?
Inherent in the name, a tiny home is exactly that — tiny (400 square feet or less). But the passive income opportunities that tiny homes offer are anything but. So how much does a tiny home cost? What kind of returns can you earn on tiny homes as a real estate...
How Greg & His Family Retired Young with Rental Properties
“I wanted to get money out of the way so I could spend my time with kids and a wife (I didn't yet have.)” Greg Wilson retired recently at 42. But he started planning for financial independence and early retirement when he was a teenager: “I am the son of a business...
What Is a Good Credit Score?
Generally, the credit bureaus consider anything over 670 a good credit score. If your score is 671 or higher, you’re doing fairly well. The best credit score and the highest credit score possible is 850 for both FICO® and VantageScore models. FICO considers a score...
Ep. #83 How to Finance Properties Owned by LLCs
Wondering how to take out an investment property loan under an LLC name? Deni and Brian walk through your options for financing LLC-owned properties.Video Broadcast VersionAudio Podcast Version Also available on iTunes, Stitcher, and wherever else you listen...
10 Tips from Pro Real Estate Investors You Won’t Learn in School
They don’t teach real estate investing in high school or college. You have to go out and learn it on your own. Toward that end, we offer hundreds of free articles, a weekly podcast, and monthly live webinars. But we decided to bring in some outside real estate...
Ep. #82 How Rising Interest Rates Will Impact Real Estate Investors
Interest rate hikes loom on the horizon... but how will they impact you as a real estate investor and landlord? Deni & Brian walk through five ways that rising interest rates will affect real estate investors, from buyers to sellers to landlords.Video Broadcast...
I Want Help With:
Ready to Accelerate?
Weekly rental investing and management tips, plus access to our free video series. Booya!
