Las Vegas, NV · Member since 2023 · 14 posts · 3 votes
What's crackin' BP peeps :)
I am looking to HH my 3 bed, 2.5 bath TH. It is fully furnished.
I finally have a lease to use.
What other documents would you recommend me having?
Should I have an inventory list of everything in the house? Would the tenants need to sign the common and the bedroom inventory list they are leasing?
I know I need house rules that they will need to sign. My question is, how strict/detailed do I want to get? I want to be clear, but I also don't want to sound like a warden.
Is there anything else i should have (when it comes to docs) that i should have to help protect me and my ***...ests?
This is my first time doing this. Y'all's guidance and expertise is very very much appreciated.
Hey Jonah, everything you put into the lease agreement is what the tenants would have to adhere to. You can add additional documents as Exhibits at the end of the lease if need be, but everything should be listed in the lease and all parties will need to sign that document. That will be your governing document for everything. If ever anything changes you can workout an amendment or addendum with the tenants at a later date. Just work with your legal counsel to have the lease capture everything you feel you need. Good luck and feel free to reach out.
Hey Jonah, everything you put into the lease agreement is what the tenants would have to adhere to. You can add additional documents as Exhibits at the end of the lease if need be, but everything should be listed in the lease and all parties will need to sign that document. That will be your governing document for everything. If ever anything changes you can workout an amendment or addendum with the tenants at a later date. Just work with your legal counsel to have the lease capture everything you feel you need. Good luck and feel free to reach out.
Good evening, Robert.
Thank you for taking the time to respond.
So house rules and inventory should be in the lease as well?
@Jonah B. it would be customary and appropriate to do a move in/move out condition inspection, and to have any specifics like house rules, quite hours, parking arrangements etc all down in writing and they can be exhibits to the lease or have it in a lease addendum. I think there are both in the BP downloadable packet if You are going that way.
@Jonah B. it would be customary and appropriate to do a move in/move out condition inspection, and to have any specifics like house rules, quite hours, parking arrangements etc all down in writing and they can be exhibits to the lease or have it in a lease addendum. I think there are both in the BP downloadable packet if You are going that way.
howdy Michael. Thank you for your advice. i appreciate you too. i just want to make sure i have my ducks in a row to make this as smooth as possible for both me and the tenant as well as protect us both.