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:
Why Renting Might Be the Smarter Financial Choice Over Homeownership
The Big Picture on Why Renting Might Be A Better Financial Choice: Renting eliminates the headaches of home repairs and maintenance, which can be expensive and time-consuming for homeowners. Renters can simply contact their landlord for any issues, ensuring peace of...
Exploring Hard Assets as a Hedge Against Inflation and Fiat Currency Instability
The Big Picture on Hard Assets: With fiat currencies facing ongoing devaluation due to inflation and government spending, hard assets like real estate, precious metals, and commodities serve as reliable stores of value. Unlike paper money, these tangible investments...
The Stock Market Myth: Why An Ex-Financial Advisor Traded Wall Street for Real Estate
The Big Picture on The Advantages of Real Estate Over The Stock Market: Chris Miles challenges the conventional belief in high stock market returns and the 4% retirement withdrawal rule, revealing that actual S&P 500 returns average only 8.4%, significantly...
The Complete Guide to Real Estate Wholesaling: How to Earn $15-25K Per Deal
The Big Picture on Real Estate Wholesaling: Focus on markets with strong investor demand, such as major metropolitan areas, and target motivated sellers from specific distressed property lists using cost-effective outreach methods like calls and texts. Instead of...
Why “Dying With Zero” Could Be Your Smartest Financial Move
The Big Picture on The "Dying With Zero" Strategy: Timing wealth distribution strategically can have a greater impact than leaving a large inheritance, as financial support during key life moments can be more beneficial than receiving wealth later in life. Over-saving...
Everything You Know About Money is Wrong: Insights from Real Estate Attorney Mauricio Rauld
The Big Picture on Insights from Real Estate Attorney Mauricio Rauld: Prioritizing investment over excessive spending can accelerate wealth building, as seen in Jim Rohn’s 90% investment strategy and Grant Cardone’s 50/50 rule. Active investments, such as real estate...
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