Jan 21 / James Orr

About The Leases Checklist

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Be committing to use the Leases Checklist you will significantly reduce your vacancies and improve cash flow in your real estate investing business.

We track all of our leases on the Lease Log which allows us to quickly see the status of all our leases, when they need to be renewed and all other important information for tracking and managing leases.

If we need to renew a lease, we utilize the How to Renew a Lease Checklist to start the renewal process at least 30 days in advance of the lease expiration date.

If we received notice from the tenant that they will not be renewing their lease, we can start to run the Tenant Leaving Checklist as soon as we discover that to get a jump on finding a new tenant and keep our occupancy rate as high as possible to maximize cash flow and limit expenses.

Of course, if we have any vacancies we will want to run our Fill Vacancy Checklist to get a new lease on that property as soon as we can find a qualified tenant for the property.

Until my next post,

James

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