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Landlord Newsletter Mid April 2008


















































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"Of all the sites out there, the LPA by FAR has the most extensive resources, the most knowledgeable help, the most expertise, and is quite possibly the best real estate site I've used in my career."
Dr. Dani Babb, Author of "The Accidental Landlord". LPA Member since 2007.






"My LPA Membership has saved me from so many expensive tenant problems, it has already paid for itself many times over."
Louis C., LPA Member since February 2001.






"TheLPA.com emphasizes the three most important issues for a landlord's protection:
1. Screening and Tenant Selection
2. Using a Solid Landlord Lease
3. Lease Enforcement
Robert Irwin, Author of "The Landlord's Troubleshooter", "The Armchair Real Estate Investor and "Real Estate Tips and Traps", LPA Member since April 2007






The LPA not only lets you share your experience with other landlords, but it will also help to answer your questions.
Timothy Spangler, Author of "From the Rat Race to Real Estate", LPA Member since December 2003






The Web site was founded by John Nuzzolese, and he is a "nice guy" like we were when we started. He learned many lessons the hard way, like we did, and so you will benefit greatly from his experiences, and from being part of this group.
Kind regards,
Sandy Midea, Author of "A Fool's Guide to Landlording"






"The LPA Lease has become my favorite lease, and enforcing it with the Essential Forms is even better. Managing my properties (tenants) has become much easier."
Jack Klein, LPA Member since May 2001.






"The question should be ..." "Can you afford not to join The Landlord Protection Agency? I'm very thankful for all The LPA has done for us. At first we were intimidated by our tenants and the whole process of leasing and managing our rental property. Now we have 3 rentals with excellent tenants!"
Carol and Jim S., LPA Members since July 2003






"I'd like to thank Mr. Nuzzolese for sharing his landlording knowledge with us. I find it refreshing to be able to get down to earth articles and real life helpful advice on the LPA website.
Gary Smith, LPA Member since 2007






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Tony Gramm, Aurora, OH

















































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The LPA Newsletter
Mid April 2008

Dear Fellow Landlord,
I don’t have to tell you that being a landlord is never boring. We may wish for it to be boring, but even when we think things are going well, we are usually brought back to reality by an unexpected surprise. OK, maybe it isn’t such a surprise, as much as a landlord problem you didn’t want to know about. I like to remind myself of one of my favorite quotes by Robert G. Allen: "There is no failure. Only feedback."

In this newsletter:

  • Article: Dr. Danielle Babb won't let tenants get her down. She shares a personal about bouncing right back.
  • Free Landlord Form download Co-signer Agreement
  • Ask the Attorney, with Eviction lawyer, John Reno
  • Recent Tenant Excuses
  • Recent Success 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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    Tenants and Instincts

    By Dr. Danielle Babb
    Dr Dani Babb

    Sometimes we get a gut instinct about our tenants - something just doesn't feel right. Your property manager says everything is okay - but other tenants tell you the property manager is unresponsive. Your realtor goes to one of the homes and says the house is "disgusting". She isn't quite telling you how bad it really is. Next, you get a letter from the county that there is too much trash in the front yard. You've had enough of the drama - so one day you decide that it's time to check out the houses yourself...

    click for Dani's full article...

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    Ask the Attorney

    The Landlord Protection AgencyThe Landlord Protection Agency® is proud to introduce John Reno, Esq., a highly experienced Landlord - Tenant attorney based on Long Island, NY.

    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

    Dear Mr. Reno:
    I live in Arizona, and wanted to take a tenant to cout for leaving without paying the last month's rent.  I have been told by the clerk, that I had to go throught Mediation before I could go to court.  Why should I have to meet someone half way, when it is my 1/2 of the money they are taking? - Kathering Suter

    A:
    Just because they make you go through mediation, doesn't mean you have to settle.  It's up to you.  Some people want to avoid the hassle and expense of a trial.  Other stick to their guns.  The choice is yours.

    Dear Mr. Reno:
    I am a real estate investor in Sebastian Florida.  Is it legal to publish the name of a tenant who doesn't pay rent?  I know that saying a tenant doesn't pay rent is a broad statement and could mean  a lot of things.  Is there any situation that the name and possibly other information about a tenant who does not pay could be published?
    Thank you for your help,
    Jeff Stepanek

    A:
    It is legal, but that doesn't mean you wont be sued for slander.  Fear not: "The truth, is an absolute defense" to such a suit.

    Read more from John Reno, Eviction Attorney




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    FREE DOWNLOAD

    The more individuals personally and financially responsible for your lease the betterLease Co-signer Agreement
    The Lease Co-signer agreement may be required in a case when the prospective tenant's references or credit is not satisfactory for the landlord or agent. If you feel there are no better prospective tenants to select, the Lease Co-signer Agreement will make an additional party responsible for the tenant's performance on the lease. You MUST fully check out and credit-qualify the co-signer with an application (preferably an LPA Rental Application) as you would the tenant.





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    Tenant Excuses

    "I have no stamps and no more money to buy stamps. If you'd come pick up the rent or supply me with stamped envelopes, you'd have your damn rent."
    Obviously you can't afford to live there if 41 cents is stopping you from paying the rent on time. Here's your 30 day notice!!! - Yolanda S., Florida

    "I am sorry do what you have to. I will not pay anymore rent....I must save up for a new place when you evict me....."
    Oh yeah, well good luck getting your new place in three days when your stuff is sitting in the parking lot!!!! - Bobbie, PA

    "I didn't pay the rent because there is some kind of monster in the attic scaring me all night."
    During the month we responded immediately to a complaint and evicted a squirrel and closed up the access point. Now she is suffering flashbacks and late fees. - Steve, NY

    "My new $1,000 dryer broke, and asking a single mom to pay late fees is predatory."
    - Mummhummm. and.... I could do this excuse of the day thing everyday of the week…- Shannon, Dallas, TX

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    Quotations...


    eleanor roosevelt quotes Yogi Berra quotes Thomas Edison quotes Benjamin Franklin success quotes



    "One of my biggest fears is having a tenant with more landlord - tenant knowledge and expertise than I have." - John Nuzzolese

    "You gain strength, courage, and confidence by every experience in which you really stop to look fear in the face... The danger lies in refusing to face the fear, in not daring to come to grips with it... You must make yourself succeed every time. You must do the thing you think you cannot do." - Eleanor Roosevelt

    "Purpose, Passion and Desire cannot be achieved or acquired by deceit." -By Dan Auito

    "It isn't the common man at all who is important: it's the uncommon man." - Lady Nancy Astor

    "How much did your last tenant problem cost you?"
    - John Nuzzolese

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    Books by LPA Members

    The Landlord Protection Agency is proud to recommend the following landlord books written by LPA Members, Dr. Dani Babb, Robert Irwin, Timothy Spangler, Tony & Sandy Midea and Dan Auito. Just click on the book for more information about it.






    real estate investing, landlord books





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