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Updated about 5 years ago,

User Stats

25
Posts
11
Votes
Jarvis Naylor
  • Rental Property Investor
  • Minneapolis, MN
11
Votes |
25
Posts

How to create a lease in Minnesota first time landlord

Jarvis Naylor
  • Rental Property Investor
  • Minneapolis, MN
Posted

I’m recently closing on a duplex it is occupied, so if I decide to keep tenants (which I’ll probably do) on a month to month lease. My question is how do I come up with a Comprehensive straight forward renters lease.

#1 should I make it mandatory for them to get home renters insurance?

#2 No pets?

# no smoking ?

What are some of the things I’ll need to include?

Of course do date on rental and late fees I have that part but I feel I’m leaving out a lot.

My final question is what is the best method to collect rent my fiancé like the old fashion way to collect in person but I want to cut that completely out and set it up online. Which is the best option? Thank you so much in advance

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