Episode Details
Back to EpisodesLease Addendum vs. a New Lease: How to Know Which One You Need
Description
If you've ever stared at a lease wondering whether you need a lease addendum vs new lease entirely, this episode is for you. Kevin and I get asked this question often, and honestly, guessing wrong can leave your paperwork not holding up when you need it most.
I'm walking you through the exact test we use to decide whether a quick addendum will do, or whether it's time to start completely over with a new lease. And once you hear what our contractor found in a supposedly empty closet during a routine inspection, you'll understand exactly why this distinction matters so much.
We also get into a couple of our own near misses, including the time strangers tried to rent one of our units with zero intention of ever actually living there. Plus, I'm sharing exactly where Kevin and I get our own leases and addendums from, along with an honest, unsponsored rundown of the landlord software platforms people ask us about most.
Hit play, because by the end of this episode, you'll never have to guess which document you need again.
What You'll Learn in This Episode
• The simple test we use to decide between an addendum and a brand new lease
• Why one routine inspection turned into a lease decision we did not see coming
• The near miss that almost turned one of our own units into a full time Airbnb
• Where we personally get our leases and addendums from, and what it actually costs
• An honest, unsponsored breakdown of the landlord software platforms people ask about most
Episodes & Resources Mentioned
Episode 32-34: Our Lease and Addendums Masterclass (starts at EP32) —
Episode 115: Our New Utility Fee Breakdown
Episode 129: Should You Allow Smoking in Your Rental
Episode 130: Guest Policies — What They Are, Why They Matter, and How to Actually Enforce Them
Episode 22: The Pros and Cons of Renting to Pet Owners
Episode 61: Fair Housing and Emotional Support Animals (ESAs)
Episode 108: Navigating Reasonable Accommodation Requests
Innago: Completely FREE landlord management software
TurboTenant: Great landlord management software for newer landlords
RentRedi: Management Software that syncs with QuickBooks’s Online
DoorLoop: The best landlord management software for larger portfolios
EZLandlordForms State specific leases and addendums, over 400 forms available!
California Apartment Association Where we get our landlord forms
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🤳Text Us: 650-489-4447
📩Email us at: Stacie@YourLandlordResource.com, Kevin@YourLandlord