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Landlord Newsletter May 2008 |
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 Free Prospect Card "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 "I cannot express how your products have made my job so much easier. I have peace of mind now knowing that I am protected by the verbiage you have in your contracts. Thank you so much." Tony Gramm, Aurora, OH Free Prospect Card |
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Dear Mr. Reno:
My tenant paid first and last months rent plus deposit to move in. After 14 months they gave me 30 day notice and did not pay the rent that last month as I had it up front. Then they did not move out. They have paid me regular timely rent payments from that month on but have not paid back the last months rent. This was 6 months ago. I have ask them to pay the money back even offering to let them pay $100.00 a month until they catch up all to no avail. Technically they are behind in rent as I understand it and I can have them evicted. The woman tenants just had a second child and the male was laid off his job and is now collecting unemployment. I hate to evict them but they are not responding to my request to pay the back rent. What can I do as a final effort to collect the last months back rent prior to filing for possession of my property. I've been letting them slide but cannot continue to do so.
Sincerely,
Scott Shore
A:
A:
Scott: Your note to me contained eleven sentences. Your question to me was in the tenth sentence. Your answer to the question in the 10th sentence is the 7th sentence .
Dear Mr. Reno:
I once had a group of 4 young adults sharing a home I rent out. To avoid any misunderstandings and damages in the future, I had each of them sign the lease and to sign a separate acknowledgement that the rent was not divided by 4 but was due in full, with each of them bearing 100% responsibility for payment: any inability of any one of them to come up with their part of the rent was not MY problem : any shortfalls must be made up by the rest of them with payment due to me in full. Likewise, any damage done by any one of them was the responsibility of all of them..
This way, they policed each other for damage control and money due because they knew they’d each be held personally responsible as well. It left any squabbles about money between the four of them and left me out of it..
It worked well, or else I was just lucky..
Anne, Phoenix, AZ
A:
Anne: If all landlords were as smart as you. I'd be out of business! That separate acknowledgement is a truly great idea.
When a tenant wants to terminate a tenancy, it is done in one of two ways. Either:
If your tenant wishes to vacate tenancy properly, it usually means giving you, the landlord written Notice to Vacate in a timeframe outlined by your lease agreement. Normally this allows the landlord enough time to prepare and find a new tenant for re-rental.
The usual steps a lease abiding tenant would take to terminate tenancy are:
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I was at the Sanitation Commissioners hearing in Town Hall In Babylon.. I received a 816.47 bill from Town Of Babylon Solid Waste Management.. For Lot Clean-Up. No one could tell me what this bill was for..... After MANY phone calls they said they think it was for an eviction I had on 11/29/07... There was just a few items left in the Apt. The sheriff let us carry down the tenants belongings, because it was just a kitchen chair, a vacuum 2 lamps. a pail and the rest of the stuff fit into a garbage bag.. The Sheriff said they would notify Sanitation.. We called Sanitation and they said they would pick it up with regular schedule pick up because it was such a small amount... there is no charge for regular pick up it is included in our taxes...
At the hearing they put up these big pictures of your house and what they picked up...... Well when it came to my house.... They would not look at any of my pictures or paper work... They said I HAD 11/2 TONS OF GARBAGE IT TOOK 3 SANITATION MEN 3/4 OF AN HOUR TO PUT IT IN A REAR LOADER... I SAID THAT IS IMPOSSIBLE. the sheriff would of called the movers if it was that much. MAYBE THEY HAVE THE WRONG HOUSE....
To read more of Ms. X's story, click here
To submit your own story, please e-mail us at info@thelpa.com
"We have a leak. I want it fixed and then you can come back for your rent."
The leak in question is from the window. When it rains hard, she needs to close the window completely. She was able to show me 1/4 of an inch water she collected in a dixie cup. I enforced the late charge and also used the opportunity in the apartment to make an inspection. I gave her a list of things to correct if she wants her full deposit back. Cathy J., NY
"I was going to give you rent but you gave me attitude when I didn’t give you rent for last month." I started the eviction process. - ED, Lehighton, Pa
"Jet Blue lost my suitcase and it had the rent in it." I don't believe it. That the rent was in the suitcase. - John, Fort Myers, FL
"I know the landlord business can be a tough job, but easy jobs don't pay well." - Lou C., LPA Member
"Success is how high you bounce when you hit bottom." - General George Patten
"The trick is to make sure you don't die waiting for prosperity to come." - Lee Iacocca
"How much did your last tenant problem cost you?"
- John Nuzzolese
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