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Gear Up for Success!!! 
The LPA Newsletter
May 2007
Dear Fellow Landlord,
You may be experiencing signs of change in the real estate rental market. We are observing slower sales and many price reductions in most real estate markets across the US. (Investors: Gear up for great opportunities!) The rental market is considerably slower with fewer qualified tenants ready to rent. So, if you have rentals available, be strong! Do your best to hold out for a qualified tenant.
Remember: "The best way to avoid tenant problems is to avoid problem tenants."
I hope all of your rentals are running smoothly. Enjoy this newsletter.
In this newsletter:
- What's Wrong With Rental Inspections?, by Deborah Morris. Author, Deborah Morris shares with us what's going on with rental inspections in the City of Garland, Texas.
- I'd like to introduce you to fellow LPA Member and author, Robert Irwin, America's #1 real estate expert.
** More FREE Downloads in Word & PDF **
- Plumbing Stoppage & Drain Notice (BRAND NEW LPA Essential Form)
- Carbon Monoxide Addendum
- Recent Tenant Excuses
- More Success Quotes
I hope you find this LPA Newsletter helpful. Please e-mail us if you have any questions or would like to add or share any material / information. I'll be debuting another new Essential Landlord Form in the Mid-May '07 newsletter. See you then!
John Nuzzolese
John@theLPA.com
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Author, Deborah Morris shares with us what's going on with rental inspections in the City of Garland, Texas ...
What's Wrong With Rental Inspections?
by Deborah Morris
At first glance, the idea of inspecting rental houses to make sure they're safe and sanitary sounds reasonable. We're all in favor of ridding the city of slumlords and substandard housing, right?
Ah, but there's the rub. When the City of Garland passed into law Ordinance 5895 Chapter 32 in April 2005, setting up an elaborate rental registration and inspection program, it was on the naive assumption that the slumlords who owned the city's own  estimate of 150 - 300 unsafe/unsanitary properties (out of an estimated 6000 or 7000 total rental properties in Garland) would meekly register their properties, pay the $65 per house annual permit fee, then clean up their acts once the inspectors cited their blighted properties.
To nobody's great surprise--except the Garland City Council's--the program failed so comprehensively that no one, not even the City Council and Code Compliance Department, could deny it at the April 17, 2007 public hearing. Many of the approximately 1,800 landlords who immediately registered their rental properties and paid their permit fees were repeatedly harassed by inspectors (as were their tenants) over minor or cosmetic problems and forced to spend significant amounts of money to maintain their rental permits. In the program's second year, registrations dropped by 40%...
click for the full article
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FREE DOWNLOAD
BRAND NEW LPA Essential Form
Plumbing Stoppage & Drain Notice
Do Your Tenants Cause Plumbing Problems?
 Educate your tenants about taking proper care of the plumbing in your rental property. It's amazing how many tenants don't know it is wrong to flush certain items in the toilet, or to spill grease or harmful chemicals down the drain. Cut your plumbing expenses and maintenance time by warning your tenants with a Plumbing Stoppage & Drain Maintenance Notice.
The Plumbing Stoppage & Drain Maintenance Notice will emphasize and prioritize the importance of proper plumbing care.
The notice can make your plumbing rules and requirements a part of your existing lease or a handy reminder of your "Plumbing Stoppages" clause in your The LPA Lease.
 Plumbing Stoppage & Drain Notice
 Plumbing Stoppage & Drain Notice
(You can download this form free till May 31, 2007 in MS Word or Adobe PDF)
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FREE DOWNLOAD
BRAND NEW LPA Essential Form
Carbon Monoxide Addendum
The Carbon Monoxide Addendum is a safety form which helps make sure the tenant complies with local carbon monoxide safety practices and also reinforces the maintenance responsibilities of the tenant to keep your carbon monoxide detector in working order with up to date batteries.
click for the full article
Carbon Monoxide Addendum
Carbon Monoxide Addendum
(You can download this form free till May 15, 2007 in MS Word or Adobe PDF)
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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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Introducing.....
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FREE SIGNUP ... Instant Online Credit Reports ... Criminal Reports ...
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For more information Click Here
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Please Warn Your Fellow Landlords of Bad Tenants
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Government-Records Resources are Used Everyday by Private Investigators, Law enforcement, Employers, and thousands of Private Individuals & Parents worldwide
Click: Mugshots, Motor Vehicle records, Criminal Records and more.
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IRS Auctions
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Tenant Excuses
"Just because I owe you the rent doesn't mean you are getting paid. I have to work for that money."
Me: If I don't get paid the rent, you don't get to stay in my rental house. - Eddie M., FL
"I'm sorry I don't have the rent, but you are looking so cute lately."
That won't work. I'm married! - Jonathan
"The rent is only $700. You own lots of houses and collect tons of rent. Why is my $700. such a big deal to you?"
If you think your rent is so low, why can't you pay it? She ignores my late notices and now I have served a Termination Notice. - Steve S., Bellmore, NY
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Quotations...
"There is no failure. Only feedback."
- Robert G. Allen
"If you're too busy to help someone, you're too busy."
- Submitted by Deana Nuzzolese
"Screen tenants as if your life depends on it. Because it does. At least the quality of your life depends on it." - John Nuzzolese
"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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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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Interested in past LPA Newsletters?
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LPA Newsletter Archive
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