Failure to pay rent is cause for eviction which will result in the destruction of your credit rating....
click for the full article...
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Landlord Do's & Don'ts
What The LPA says you should do and what you shouldn't do regarding The Lease Signing
DO
- Sit down and read over the lease with the tenant, emphasizing the important parts.
- Have a signed & fully documented Property Condition Report before giving any keys to the tenants.
- Staple a copy of the Tenant's Notice of Intention to Vacate Letter to the back of the tenant's copy of the lease.
- Be sure all funds are in cash or the check has cleared before giving the tenant any keys.
- Warn the tenant that you or your partner or manager report to national tenant and credit bureaus, so it would be in their best interest to pay on time or early.
DON'T
- Allow the tenant to strike clauses or amend important parts of your lease.
- Be afraid to tear up the lease and return the tenant's money if you are unhappy with the meeting.
- Get too friendly with the tenants.
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Ask the Attorney
The Landlord Protection Agency® presents John Reno, Esq., a highly experienced Landlord - Tenant attorney based on Long Island, NY.
John Reno also does Mortgage Loan Modifications (Nationwide).
(Mention The LPA for a 10% discount!)
Dear Mr. Reno:
I have a property that is currently leased until January 2013. If I sell the home, and the new buyers choose not to continue to lease, do I have to buy the tenant out of his lease? If so do I owe him $900.00 for each month left on the lease? (The current rent.) Or do I owe for moving expenses etc?
Thanks for your help.
Lisa, Oklahoma
A: Either make them an offer or you have to find a buyer who'll take them.
If you have a landlord tenant problem you'd like to ask a question about, please feel free to e-mail me your question.
Submit a landlord / tenant question for Mr. Reno
Please try to keep your questions as short and to the point as possible.
Read more from John Reno, Eviction Attorney
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FREE DOWNLOAD
Tenant-Finder™ Worksheet
Take the Stress Out of the Decision.
Score Prospects by Their Point Value
Score your Tenant-Finder™ Worksheet to help you evaluate the prospective applicant. Before making an appointment to show your property to an applicant, 
examine your findings. The LPA Tenant-Finder Prospect Qualifying Chart will help you determine a more accurate score for each applicant.
The Tenant-Finder™ Prospect Qualifying Chart helps you break down the evaluation of a rental prospect into five main categories.
Those categories are
- Money
- People
- Credit
- Tenant
- Timing
Although the Tenant-Finder™ Prospect Qualifying Chart is designed to work with the scoring of the Tenant-Finder™ Worksheet, it can also be used alone to score prospective tenants.
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A Tenant Screening Alternative...
TransUnion SmartMove Discounted For LPA Members!
TransUnion Credit Bureau has partnered with The Landlord Protection Agency to provide an alternative option in on-line tenant screening. Private landlords who choose to avoid the qualifying process required for establishing a direct access account for credit reports now have another way. TransUnion gives LPA Members discounted access to LPA Members $5.00 lower per report than what TransUnion charges directly.
How does SmartMove work?
SmartMove is used when someone is interested in applying to rent a property. In order to begin the process, the potential renter MUST provide an email address to the landlord. Once the email address has been provided, the process generally goes as follows:
- Landlord initiates a screening request using the email address provided by the applicant. (If the landlord is new to SmartMove, he or she must create an account and add at least 1 property.)
- Rental applicant is sent the application request via email and chooses to accept or decline the screening. (If the applicant is new to SmartMove, he or she must create an account in order to accept or decline the request.) ...
Click here for TransUnion SmartMove Discounted For LPA Members!
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New LPA Member Feature: Tenant Credit Reporting
Have you ever been beaten by a tenant on the rent? Most of us have and unfortunately, it is one of the costs of doing business as a landlord.
On the brighter side, remedies are available for many. If you have documented your tenancy with the proper paperwork including a rental application, lease agreement, late notices, etc., you may have a chance of collecting.
Credit bureau reporting is an option in which many modern landlords are beginning to participate....
Click here for the full article
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FREE LPA Gift with Book Purchase! 
Fellow LPA Member, Dr. Danielle Babb is a national real estate expert and author of the popular Landlord Book, "The Accidental Landlord".
Get your copy now... with a FREE BONUS! from theLPA.com
Not only is Dani Babb an expert real estate analyst, she's also an LPA member!
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$5 OFF EACH SIGN WITH CODE: LPA5
Interactive 'For Rent' Signs
by 4RentSigns.com
As a landlord trying to rent out a vacancy, have you ever thought about how backwards the process is? You're the landlord. Why do you become a secretary answering phone calls all day every time you slap a 'For Rent' sign in front of a unit or place a classified ad?
Wouldn't you love to streamline the process ...
Click for the full article
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Wealth Secrets and Success Quotes
"Drive thy business or it will drive thee." - Benjamin Franklin
"When you are in any contest you should work as if there were - to the very last minute - a chance to lose it. " - Dwight D. Eisenhower
"The greatest risk of all? ... Not to risk." - Anonymous
"Nothing is particularly hard if you divide it into small jobs." - Henry Ford
"Beware of the young doctor and the old barber." - Benjamin Franklin
"Try not to become a man of success but rather to become a man of value." - Albert Einstein
"How much did your last tenant problem cost you?" - John Nuzzolese, The Landlord Protection Agency
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Did You Know...?
If you ordered any LPA forms in the past 60 days, the LPA will credit back to you the cost of those orders when you email us your new LPA Membership order #.
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LPA Membership Expiring?
Take Advantage of our low Renewal Prices!
How to Check your LPA Membership Expiration Date:
- Be logged in with your LPA username & password
- On the "Main Menu" (top right), click on "Your Orders" (right below your name)
- The beginning date of your membership will be listed to the left of your membership order # in this format: YYYYMMDD
*Your Membership Expired? No Problem!
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Feel free to view the LPA Newsletter Archive
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