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:
Out-of-State Real Estate Investing with BRRRRs: Whitney’s System
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The Best Cities for Real Estate Investing in 2020, Based on Rental Cap Rates
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REI Property Pro Review: Is the Suite of Tools Worth the Cost?
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Apartment Amenities in Demand: Housing Features Tenants Want Most
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7 Properties in a Year: Nathaniel & Brittany’s Success
You can't post most photos of couples in the shower together on respectable websites. Unless, of course, they're renovating an investment property. Nathaniel and Brittany Hovsepian are 35 and 27 years old respectively, and own seven rental properties in the Central...
Lifestyle Creep & Keeping Up with the Joneses: Why You’re Not Rich
Could you live on half your current income? Most people shake their heads and answer that it’s not possible. And yet there was probably a time when you did exactly that; you earned far less than you do today, and you managed to survive just fine. So what happened in...
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