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Updated over 5 years ago,
Writing a solid lease
Hey guys, so I'm in the middle of my first real estate deal, a duplex. Ran the numbers through the rental calculator multiple times with different variances, the numbers are coming out better then expected. Anyway, I put in an offer, offered 15k lower of the asking price, they accepted. The duplex is located in a lower-income area in Orange County, NY. My question is this, once I get tenants in there, what's the best way to write up a lease, is there a tool that helps with this on biggerpockets? Or should I have a lawyer do it? What's the most efficient yet effective way of doing this so my tenant feels safe, and I feel protected as well.