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. #61 5 Questions to Ask Before Purchasing an Investment Property
Wavering on the sidelines, trying to decide whether to move forward with buying a rental property? Ask yourself these five questions to help you decide whether to purchase or not.Video Broadcast VersionAudio Podcast Version Also available on iTunes, Stitcher, and...
Ep. #60 Should Investors Pay a Realtor or FSBO
In today's world of online property listings visible to the public, do real estate investors still need to pay a Realtor to list and sell their properties? Deni and Brian talk through the pros and cons of hiring a real estate agent, in the modern era of flat-fee FSBO...
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...
I Want Help With:
Ready to Accelerate?
Weekly rental investing and management tips, plus access to our free video series. Booya!
