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Updated over 4 years ago on . Most recent reply

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Petur Karlsson
  • Rental Property Investor
  • Bucks county, PA
24
Votes |
58
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Using Bigger Pockets 2020 Landlord Forms & Rentredi PM software

Petur Karlsson
  • Rental Property Investor
  • Bucks county, PA
Posted

Hey everyone!

I'm nearing completion on my first rehab in Sellersville, Bucks county, PA, and already have someone asking to rent the property. 

I am going to use Rentredi to self manage the property but I need a lease agreement for the tenant. I've read through the 2020 Lease Agreement for Pennsylvania (provided through Bigger Pockets pro membership) several times and it seems perfect for the job! 

Who here has used the BP landlord documents for their tenants? Can you share your experience with us? The good and the bad please (+ tips & tricks if you have any).

I guess my biggest question is... Should I have a real estate attorney verify the legality of the BP lease agreement or am I safe to just go ahead and use it? (I'm assuming it's already verified by an RE attorney specializing in PA state laws)

Bonus points: If you have been using rentredi to manage your rentals, please share your experience and give us rookies tips & tricks if you've got them.

Thank you, community! I know I'm still just at the beginning point of my REI career, but without your support I would never have made it this far.

  • Petur Karlsson
  • Most Popular Reply

    User Stats

    7
    Posts
    4
    Votes
    Todd Silance
    • Rental Property Investor
    • Lehigh Valley, PA
    4
    Votes |
    7
    Posts
    Todd Silance
    • Rental Property Investor
    • Lehigh Valley, PA
    Replied

    @Petur Karlsson I have used the BP Lease agreements and documents on a few of our rentals and never had any issues.  I would say they are pretty thorough and I believe they are written by attorneys. However, we did have our attorney review and added a few clauses for better protection (personal preference).  Overall, I would say you should be good to go using the BP documents. I think it is a nice perk with the membership, especially for someone just starting out and not knowing where to get a lease.

  • Todd Silance
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