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. 23: End-of-Year Tax Moves for Real Estate Investors
What end-of-year financial moves should you make, to minimize taxes and maximize profits? From ways to minimize your capital gains to depreciation and beyond, savvy real estate investors know all the tricks at their disposal. In this episode you will benefit from the...
Ep. 22: How is Property Depreciation Calculated?
Among the least understood tax benefits of rental properties, real estate depreciation is also one of the greatest. Want to be one of the few landlords who understand it? Deni and Brian break down how depreciation works, how to calculate it, and how it get prorated in...
How Do 1031 Exchanges Work? Defer Taxes on Investment Properties
Owning that first rental property is a huge milestone for investors. It lets you dip your toe into the market, gain experience in property management, and build confidence in your judgement. But for ambitious landlords, the first property marks just one step on a...
Ep. 21: The Science of Gratitude and Success
On Thanksgiving week, Deni and Brian talk gratitude. Because the most successful people in this world focus on the positive, rather than dwelling on the negative. They focus on possibilities, rather than wallowing in self-pity, doubt, and cynicism. All of us have much...
Ep. 20: Which States Charge the Lowest Property Taxes?
Average property taxes across states range from as little as a few hundred dollars a year to nearly $8,000 per year. Given the impact they have on real estate cash flow — or on your personal budget as a homeowner — we decided to break down property taxes by state and...
Property Taxes by State & County: Lowest Property Taxes in the US Mapped
Where are the lowest property taxes in the US? The highest property taxes? Some states offer no surprises. New Jersey, for example, charges the highest property taxes in the nation as a statewide average. But Texas also ranks among the top five highest property taxes...
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