Updated over 9 years ago on . Most recent reply
Writing our first lease - What are we overlooking?
Hello! My husband and I are new to the real estate investing game. We just bought our first property and have an approved tenant that is getting ready to move into the home. We're finalizing our lease. In addition to the standard language (we've looked at several of the leases posted on BP to get all of the right pieces together), what are some details that we may be overlooking? Would love to learn from any past experiences (or mistakes!). And of course, we'll have our attorney review our final document. Thanks in advance for the help!!
Most Popular Reply
In my experience, the easier a lease is to understand, the better. Make it easy for a tenant to understand everything. Simple, plain language.
Good luck with your new rental!