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:
What Is a Wrap Around Mortgage & How Does It Help Investors?
Sometimes real estate investors need to get creative with financing ideas. A wrap around mortgage — also known as a wrap loan, overriding mortgage, carry-back, all-inclusive mortgage, or simply conjoining the words to wraparound mortgage — is (usually) a form of...
Ep. 32: The Formula to Retire Young w/Chris Mamula of Can I Retire Yet?
No one says you have to wait until 65 to retire. Brian hosts special guest Chris Mamula from Can I Retire Yet? to talk about all things financial independence and retiring early (FIRE). Check it out their personal experiences and tip on F.I.R.E! Video Broadcast...
Ep.31 – 5 Ways To Build Credit
Image Credit: VecteezyYour credit can literally make or break your livelihood as a real estate investor. It means the difference between 70% LTV and 85% LTV, between 5% interest and 9% interest. Deni & Brian review how you can boost your credit as a real estate...
Ep.30 – Using Unsecured Business Lines of Credit to Purchase Real Estate
There is a way to use credit lines to purchase real estate and in some cases with -0- interest! On this Episode, special edition, Deni and Brian introduce a really special webinar. Partnership: Fund and Grow Video Broadcast VersionAudio Podcast Version Also available...
Ep.29 – 8 Do’s and Don’ts of Dealing with Contractors
How can real estate investors manage contractors without being ripped off Deni & Brian chat about how investors can protect themselves when working with contractors. About screening contractors and then choosing the one who is probably going to do a better job...
Ep. 28 – 4 Little-Known Lease Clauses to Protect You & Your Property
Your lease contract is one of your greatest defenses against losses from unpaid rent, property damage, and more. Just make sure that you do everything you can to protect yourself and your property. Deni & Brian chat about 4 little-known clauses to provide stronger...
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