General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
looking for a lease in Colorado.
my wife and I have managed our own rental since 2015. At the time we obtained the SFR we knew nothing, but our agent had some rental properties so she let us use her lease. Now as we have learned more, and have been educating ourselves more, we understand that having a fantastic and rock solid lease behind you is crucial as a landlord, but what we have now just does not cut it. So, we are wanting to take the step of spending the money to get a solid lease in place. I'm interested in the package that BP has available, but there is one caveat that I'm unsure about. We will be acting as the property manager for my parents who just purchased a townhome as an investment. So we are actually in need of 2 leases, i want one for the SFR that covers specific items like the tenants responsibility to maintain the landscaping, and one for the Townhome that covers things like "abide by the HOA rules or you are violating the lease". these are relatively minor differences but very important. so my question is........should i look to buy the package from BP and go to a lawyer to tweak that lease? Or, do you get one directly from a lawyer so they are already familiar with it. advice is appreciated! thanks!