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The LPA Newsletter, March 2006
Dear Fellow Landlord,
In this issue of The LPA Newsletter, I'd like to introduce you to allies of The LPA who will provide you a choice of tenant screening, rent collection and tenant reporting. I've also included a copy of our article "How to get Free Credit Reports".
We've put together some new:
Landlord Tips
the latest Tenant Excuses
Also, the latest Quotes!
Please e-mail us if you have any questions or would like to add or share any material / information. Have a great month.
John Nuzzolese
John@theLPA.com
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Tenant Screening can be Easy
For many beginning landlords, there is a bit of confusion about how to go about screening applicants for rental property. There is further confusion about how and when to obtain a credit report on the prospect. First, I'd like to explain that you need to pre-screen the tenant manually before spending time and money on a prospect.
To do this properly, you will need a good rental application. Next, you will need a reliable credit report provider.
Below I've listed links that will take you through the screening process and provide you with the tools you need to do a professional job.
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How to Screen & Qualify Tenants in 5 Easy Steps
- The LPA Rental Application
- The Official Credit Bureaus of The Landlord Protection Agency - The LPA now provides you with a choice of the credit report provider that suits your needs best. We also provide agencies who can report to the credit bureaus and collect rent from past tenant debts.
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Introducing The LPA's new Credit and Collection Partners
The Landlord Protection Agency is pleased to announce that it has entered into an alliance with a few of the nation's leading credit report providers and rent collection specialists.
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AMS Ties Credit Report Service
AMS Ties can provide the information you need in a ready and convenient format. The reports are summarized clearly so you can understand and use the information you receive. AMSties provides the credit reports to you by fax quickly and efficiently. AMSties also reduces it lifetime membership fee to only $25. for LPA members. AMSties also offers credit bureau reporting of bad debts for LPA members.
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aTenantScreen.com
A Tenant Reporting Service You Can Count On ON-Line Credit Reports 24 hours a day aTenantScreen is a subsidiary of TVS Tenant Verification Service
Inc. which is the #1 Tenant Report Service in North America.
Our tenant reporting service offers tenant screening in Canada and the United
States with No Membership Fee.
aTenantScreen and TVS Tenant Verification Service Inc.
network thousands of Landlords in the Residential Rental Industry throughout
North America to identify delinquent tenants that use Landlords as a revolving
line of credit. Our tenant reporting service puts an end to the scams and lost
income which landlords are currently faced with.
aTenantScreen is an affiliate of the Landlord Protection Agency that provides tenant report forms which you require as a
Landlord to run a successful rental business; these forms are in keeping with
the Fair Credit Reporting Act and the various Statutes in State law. View the Fair Credit Reporting Act and your State landlord and tenant laws.
Don't risk renting to fraudsters who have run scams on
landlords in the past. Run a tenant report on every prospective tenant. Part
of your criteria as a Landlord should be that all prospective tenants must have
a good credit history and a good tenant history. Sign up today for our
tenant screening in Canada and the United States, and don't play the fraud
rental game with tenants who have intent to leave you stuck with unpaid rental
fees and/or damaged rental property that results in a debt.
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TVS Tenant Verification Service
Our Landlord Services provide comprehensive and convenient TENANT SCREENING that includes credit reports, criminal and eviction searches, Tips & Advice!
TVS is a Credit Reporting Agency that serves the needs of the Residential Rental Industry by providing fraud prevention tools that target delinquent tenants. Specific areas of investigation include credit reporting, criminal record searching and *eviction searches (USA).
The primary aim of TVS Tenant Verification Service is to assist landlords in identifying and thereby eliminating delinquent tenants as potential renters.
TVS obtains a credit report that includes a FICO score on Prospective Tenant(s) from a Major Credit Bureau(s). TVS can conduct a criminal record search (USA & Canada) on your Prospective Tenant(s) and an eviction search (USA only).
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Rent Recovery Service The Landlord Collection Agency is available on both a flat fee and contingency fee basis. Both services boast an aggressive approach to
resolving delinquent rent collection problems for property managers nationwide. We help Landlords collect unpaid rent with our exclusive electronic surveillance software that can track the financial status of any debtor, every day, anywhere in the country. No other company pursues delinquent tenants as aggressively. Authorized to report to tenant credit reports in all states.
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FREE Credit Reports ?
How do I Get FREE Credit Reports when screening tenants?By John Nuzzolese
Credit reports have become one of the most essential elements in checking the background of a potential tenant. The days of the handshake rental lease are over. Today, renting to a person without checking his credit is like playing lotto. the odds of winning are against the landlord.
One of the reasons many landlords I have spoken with don't do credit reports is because of the cost of running a credit report. What?! The cost of the credit report?? Well, yes. Believe it or not many people would rather spend thousands of dollars in lost rent and legal fees, renovation and aggravation than the cost of a $12.00 credit report because they feel lucky.
Then again, there are those of us who know the risks are heavily slanted against us and will not rent without a full credit and background check on the potential tenant. We know that it is better to spend a small amount of money on the screening process rather than wanting to kick ourselves in the rear when the tenant burns us.
You may be thinking, "yeah, I know all that, but the title of this article says "FREE CREDIT REPORTS" in it and that's why I'm reading it." Well OK. That's what I'll talk about.
There are 2 types of Free Credit Reports I'd like to tell you about.
- First, let me tell you about the special deal Experian and the other major credit bureaus offer you. Anybody can get a copy of his or her own credit report for FREE. See below:
Free Credit Report & Score from Experian
Some landlords will require the potential tenant to obtain a free credit report on themselves to submit along with their rental application.
Many landlords ask me, "Do I need the tenant to sign something in order for me to get a credit report?" The answer is yes. It is illegal to obtain a credit report on another individual without that person's written permission. That is why The LPA Rental Application is what I always use. It provides the correct legal language that allows tha landlord or his agent to obtain a credit report from any of the major credit bureaus.
- Now, I'd like to tell you about the other kind of "Free Credit Report". This is the kind I always get. Years ago, I subscribed to AMSties Credit Bureau. That's the same credit bureau we have on The LPA website. I feel the credit reports I buy from AMSties are FREE because, my LPA Rental Application provides for a screening fee. I charge the applicant $25. per adult. Then, after verifying that the references and employment information on the rental application check out, I order the credit report which is usually faxed to me about 30 minutes later. Did I pay for the credit report? Well it's on my AMSties bill, but the tenant gave me the money to pay it. So I consider it a FREE CREDIT REPORT ! And that is what I recommend other landlords do too. Charge a screening fee. Use the LPA Rental Application if you don't already.
P.S. We now also have the option of obtaining credit reports from TVS Tenant Verication Services and aTenantScreen.com 24 hours a day online with NO membership fee or set up charge.
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Landlord Tips
Pay special attention to your potential tenant's reaction when you question any red flags on his application. If you strike a nerve, they may reveal their true colors if you have a potential problem tenant on your hands.
When executing a new lease, remember to staple an "Intention to Vacate" form on the back of the tenant's lease. Reminding the tenant to give proper notice and proper move-out procedure can make your life a lot easier when it's time to start looking for a new tenant.-
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Tenant Excuses
"I'm sorry, I paid my credit cards first. I'd much rather pay your late charge than theirs."This is why the late fees have to hurt enough to prioritize the rent payment. - John@TheLPA
"The dishwasher didn't work when I moved in and I know I'm not gonna get my security back so I'm living it out."He knows he's not getting his security back because he trashed the home. - Willi N., New Port Richie, FL
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Quotations...
"Courage is resistance to fear, mastery of fear - not absence of fear."
- Mark Twain
"Money is better than poverty, if only for financial reasons."
- Woody Allen
"Far and away the best prize that life offers is the chance to work hard at work worth doing."
- Theodore Roosevelt
A Way of Being
- Gary Link, Attorney at Law
"How much did your last tenant problem cost you?"
- John Nuzzolese
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America's #1 real estate expert is also an LPA Member!
The Landlord's Troubleshooter and more Real Estate Books By Robert Irwin
Robert Irwin is the bestselling author of more than 50 books on real estate. His career in the real estate industry encompasses more than three decades of experience as real estate broker, landlord, and consultant to lenders, agents, and investors.

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Books by LPA Members
The Landlord Protection Agency is proud to recommend the following landlord books written by LPA Members, Robert Irwin, Timothy Spangler, Tony & Sandy Midea and Dan Auito. Just click on the book for more information about it.
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LPA Membership Expiring? Take Advantage of the 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
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NEW! Save Money with our Promotional Membership Renewal Prices!
*Your Membership Expired? No Problem!
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Make money as an LPA Affiliate!
Starting 6/1/07: We're DOUBLING your referral fees so you can earn twice as much! No more 10% referral fee, it will now be 20%!
Earn a 10% commission on all
orders placed with The Landlord Protection Agency by customers that you
refer to us!
You get paid for each order placed through your specially coded internet address for The LPA site!
How many landlords do you know?
Join The LPA Affiliate
Program!
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SPECIAL
BONUS
for New 2
-5 year LPA Members
This offer also applies to 2-5 year Membership Renewals! Check out our low renewal prices *Your Membership Expired? No Problem!
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The LPA's
 Free Bonus for all LPA Members.... Click for more information.
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Interested in past LPA Newsletters? Feel free to view the
LPA Newsletter Archive
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