Landlord/Owner; Rental Contract

[Elisha Trumbull]

I am renting out my house rather than selling it. I have a reliable renter lined up for 2-3 years. Does anyone who will also be a owner landlord know of a good place to get a rental contract. No special circumstances exist. I would appreciate any help I can get on the matter. Thanks!

[Nathan Gesner]

Quote from @Elisha Trumbull:

I am renting out my house rather than selling it. I have a reliable renter lined up for 2-3 years. Does anyone who will also be a owner landlord know of a good place to get a rental contract. No special circumstances exist. I would appreciate any help I can get on the matter. Thanks!

Biggerpockets sells a Lease Agreement Package under "TOOLS" at the top of your screen. $100 for a lease and several other documents, written by investors and attorney approved for your state. It's better than what you'll get from most attorneys and what you'll find on the internet.

RED FLAG! Avoid multi-year leases. In my experience, Tenants will sign a two-year lease and then leave early. They often offer to rent for longer because it entices you to accept them over other applicants. Rent one year at a time. Only renew if they are timely with payments and take great care of the rental. This also keeps you on schedule to inspect at least once a year before offering a renewal.