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This week we are in part 2 of a 3-part series on leases and addendums and pick up where we left off in episode 32.  If you have not yet listened to that one, give it a listen before you dive into this episode.

We are doing a mini masterclass on leases and addendums for rental property owners, and these are episodes you will NOT want to miss!

Starting with the base lease (ours is 21 pages), we discuss each section that should be included in every landlord’s lease, and we explain why. 

Where last weeks episode covered the main components of the lease that MUST be in every lease, this week we are discussing items that are more to cover yourself with regards to your criteria or conditions and standards you set for your rental properties.  Things like prohibitions, repairs to the property, and appliances.

Even if you use a preformatted lease or one from your property manager, you need to know THIS ONE PART of your rental property business. What's in your lease contract is what covers you and your assets.

We are sharing stories and examples of certain sections to help our listeners understand their importance, as not every area pertains to all rental properties.

By going over our very comprehensive lease, section by section, paragraph by paragraph and discussing each and every clause and why it is important, you'll soon be mastering leases and addendums too. 

LINKS

👉 Bed bugs: 

EPA website with many resources on bedbugs: https://www.epa.gov/bedbugs 

Great resource on all things bedbugs: https://www.pestworld.org/all-things-bed-bugs/ 

Video/Free Course on bedbugs: https://stopbedbugs.org/ 

👉 Mold: California booklet required to be given to all tenants with lease

https://www.cdph.ca.gov/Programs/CCDPHP/DEODC/EHLB/IAQ/CDPH%20Document%20Library/CDPH_Mold_Booklet_2021-May12.pdf 

👉 Listen to our podcast, Episode 11: Inheriting Tenants with Your New Rental Property? Here’s What You Need to Know.

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