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. #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...
Ep. #55 Foreclosure Moratorium Ended: Cheap Inventory on the Horizon?
With the foreclosure moratorium having officially ended on July 31, should investors and homebuyers expect a flood of cheap housing inventory to hit the market in the coming months? Not really. Deni and Brian explain the Consumer Financial Protection Bureau's new...
Ep. #54 Evictions Post-Moratorium: What Landlords Need to Know
So... an hour after we broadcast, the Biden Administration reversed course and extended the eviction moratorium through October 3, 2021. For full details, read the latest eviction moratorium news here.Video Broadcast VersionAudio Podcast Version Also available on...
Ep. #53 How to Score Off-Market Deals w/Andrew Kolodgie
Ever wonder how wholesalers and flippers score such great deals on properties? Brian chats with Andrew Kolodgie, founder of The House Guys of DC, to talk about how he finds off-market properties to buy at a discount, why he pivoted from flipping to wholesaling real...
Free Prorated Rent Calculator
The Big Picture on Our Prorated Rent Calculator: Prorated rent refers to charging a tenant for a partial month's rent when the lease starts or ends mid-month. For instance, if a lease begins on September 25, the tenant would owe rent for the remaining days of...
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