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Updated over 4 years ago on . Most recent reply

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11
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3
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Amy Martini
  • New to Real Estate
  • Cincinnati, OH
3
Votes |
11
Posts

Have a lease drafted or use an existing template?

Amy Martini
  • New to Real Estate
  • Cincinnati, OH
Posted

I’m a newbie, still looking for my first small multi family to purchase. Trying to set up systems in the meantime, and looking at lease agreements. Should I use the lease agreement provided on the BP website? Or have one drafted by an attorney?

Most Popular Reply

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4,486
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6,451
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Marcus Auerbach
#5 All Forums Contributor
  • Investor and Real Estate Agent
  • Milwaukee - Mequon, WI
6,451
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4,486
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Marcus Auerbach
#5 All Forums Contributor
  • Investor and Real Estate Agent
  • Milwaukee - Mequon, WI
Replied

@Amy Martini - oh god no!! First it is expensive and second the result is usually mediocre at best and third, everyone from tenants to judges are sceptical about your lease!

In Milwaukee we have a print company that specializes on all forms landlords need, from applications, to 5 day notice, lead paint disclosures and pet agreements and about 100 more. 

They are called Wisconsin Legal Blank, look them up. Order their forms online, they are excellent, everyone knows them and they are very inexpensive. At least two thirds of leases I see (on listings) use their forms!

I know that won't help you, but I have to believe there is a similar company in Ohio offering all the forms you need!

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