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Updated 11 months ago on . Most recent reply

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Jay Moore
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San Marcos - newbie medium-term landlord advice

Jay Moore
Posted

Hello all!

I will be renting out my single family house this year and looking for newbie landlord advice. Does anyone have a great reference for making a lease agreement?

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Greetings from Austin! Here are the simple steps I took for my first lease as landlord:

1. Download the TX state-specific leases from BP (I had to enroll in the annual pro plan to access it. there are promo codes)

2. Pre-fill the fillable pdf version. Sign landlord name digitally and save the copy.

3. Sign up for DocuSign basic plan. Upload the lease into the tool, and insert initial and signature blocks in place.

4. Share the DocuSign package with the tenant using their email. They will automatically receive their signed copy once they complete.

Another option is to hire a property manager who can handle the under writing of the lease and addendum. Make sure to learn how they do the underwriting when they share these docs with you.

Good luck.

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