Texas lease contract additions?

Question

Hi-

Anyone willing to share their actual modified lease contract? looks like most people use the TAR boilerplate contract.  Can I simply redact all references to TAR but use the same verbage if i'm not a realtor? Also, what do you add or emphasize with your renters?  Thanks in advance!

Clint Jusino · Answer

Hello Stan,

I have a TX lease agreement I can share with you. I reviewed it with a friend of mine who's an investor with dozens of properties so I feel confident you'll like it. I also added the new appliances I have provided, if there are any issues it's the tenants responsibility to fix. Also get the grass cut every 2 weeks. I have provided a contractor they can reach out to for any issues. I don't want a 2am call the toilet is leaking. Stuff like that. DM me and I'll share. Good luck to you!

Guy Gimenez · Answer

Don't step over a dollar to save a dime. If you use the TAR lease with redactions, you'd still serve yourself well to have an attorney review and revise as necessary. Then you'll have a thorough lease template to use for each subsequent rental. I use the TAR lease (I'm a full-time investor with a broker's license) and still make revisions. NEVER allow a tenant to make repairs...it'll be a disaster for you.

Jessie Dillon · Answer

if you have BP Pro, there are lease agreements for each state prepped by state-specific attorneys! i use that one, and @ameliajorei (on ig) used to sell a 'tenant welcome packet' that i use too, i'm not seeing it on her linktree but i'm sure she still has it for sale somewhere online.

Gregory Schwartz · Answer

I agree my goal is to have investors work with me for life building our portfolios together.

Personally, I list rnetals for my clients but won't manage their properties. For a long list of reasons, I dont think that the current PM business model aligns landlords and managers.

Good luck!

Gregory Schwartz · Answer

The way I structure it is that when investors clients buy with me they get access to me and the Realtor lease contracts for life. It would probably be up to that agent/broker to determine what they're comfortable with.

Ronald Rohde · Answer

You can nip and tuck whatever you'd like, just make sure the lease isn't voidable by the tenant.

Stan Tallman · Answer

I like that arrangement...builds longevity between you and your client.-I'll ask my realtor...he indicated that he wanted me to use his marketing and or prop management services (1xmo rent).  I'm sure he's good-been working with him for a while...but I want to handle all leasing/mgmt transactions.

Stan Tallman · Answer

Unless the REALTOR is listing and managing your rental, the use of the TAR is still verboten correct? I'd do it in a heartbeat for $50.

Gregory Schwartz · Answer

Get a Realtor friend. Pay them $50 to help you out. No you have access one of the most robust leases in Texas. Im a big fan of the Realtor lease, it has come in handy in more than one tenant dispute.

Christine Thorne · Answer

Clint, would you mind sharing the same lease info you sent Stan?

Thank you,

Advance

Christine

sauda316@aol.com

Texas lease contract additions?

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