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Updated about 3 years ago on . Most recent reply

User Stats

22
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7
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Mason Yost
  • New to Real Estate
  • Georgia/Florida
7
Votes |
22
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Lease Agreements Recommendations

Mason Yost
  • New to Real Estate
  • Georgia/Florida
Posted

What do most people here use for their lease agreements? Anyone use a website or have a free version, or just buy biggerpockets? 

Most Popular Reply

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2,019
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Scott M.
  • Real Estate Broker
  • Rochester Hills, MI
2,019
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2,840
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Scott M.
  • Real Estate Broker
  • Rochester Hills, MI
Replied

Really makes me shake my head when someone suggests a free lease agreement.  You just bought a very expensive asset, likely in the top two or three things you own in terms of value and you want a free legal contract to protect your interests with the person who is going to be occupying said asset.  

When we started we bought one from a local landlord/tenant attorney, he was also the one that would be representing us if we went to court so having his buy off was important.  In the 22 years since we have modified it heavily from the lessons learned both from ourselves and others.  Always being updated.  

Don't cheap out on the lease.  

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