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Updated about 3 years ago on . Most recent reply
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First Time rental and how to set up tenent
I am looking into buying my first rental property. I am trying to figure out what lease do people use or do they normally generate their own.
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I would do a general Google search for a lease relevant to your state, either download it and modify it and use it (you may want an attorney to take a glance at it as well).
What I have also done (and worked quite well) is get the lease already in place (assuming the property you purchased is not vacant) and modified it to what my requirements are. The modifications I made to it specifically were in regards to the animals and the appliances. I still use this lease across my entire portfolio.