Hello! First buy and hold property...

[Jennifer Slaughter]

Hello Everyone!

I have been loving getting acquainted with the BP community. Between the podcasts and blogs there is so much information and such a great network. 

We are in the process of purchasing our first buy and hold property in Northern Colorado. I was wondering if anyone had a resource they would recommend for all the rental paperwork, lease, application, etc.?

Thanks!

Jennifer

[Logan McConnell]

hi,

Turbotenant.com worked great for me.  Was free and easy to use. Once you have hand picked potential tenants, they can log into the site and pay $35 for credit and background check (extra 10 will include the eviction check). They can also fill out a applicant form which includes all the important info you need (references, etc.). The site also advertises the prop perty for you for free. I was really impressed with the simplicity of the site.  For lease, I bet someone on this site will have a template or else spend the 75 ish on a lease template specific for Colorado.  These can be easily found online with a search.  I also recommend having potential tenants answer simple 5-10 questions to help you pic which tenants to like before they spend 35-45 on the application.  Questions about pets, confirming they can pay deposit up front, their income, their occupation, etc.