Dear Fellow Landlord,
In this Newsletter:
- Landlord Special Report: 5 Ingredients of a Good Tenant
- Free Download Brand New Essential Form to Limit Your Liability!
- LPA upgrades
- Automated rent collection
- Quotes of the week
Please e-mail us if you have any questions or would like to add or share any material / information.
John Nuzzolese
John@theLPA.com
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LANDLORD SPECIAL REPORT
What Are the 5 Ingredients that Make Up a Good Tenant?
By John Nuzzolese
 Most landlords try their best to select good tenants to occupy their rental properties. Some are very successful at it while others always seem to end up with bad tenants regardless of how much they try.
In order to find a good tenant, we need to first understand the qualities or ingredients that a good tenant is made up from. Once we understand what ingredients we are looking for, we can carefully screen applicants with the right ingredients in mind. The LPA has a few tools that can help you determine if your applicant has the desired qualities you are looking for in your screening process.
So What Are the 5 Ingredients that Make Up a Good Tenant?
- Honesty / Integrity
Trust... reliability... decency are what comes into my mind as qualities of an honest person with integrity. I want a tenant who will do what he agrees to do. Someone who morally chooses to do the right thing. A person whose signature on a contract signifies a binding promise they will keep.
- Creditworthiness
If I am going to give legal possession of a valuable piece of real property to a tenant, I'm going to first want to know I'm dealing with someone with a good track record concerning credit. We have technology available now that can give me a credit report on the computer instantly on any rental prospect, so I definitely want to assure myself that my prospect deals with financial matters in a reputable way.
- Ability to Pay
Does the tenant have sufficient income or other resources to easily pay the rent and other living expenses every month? Is the tenant employed or just independently wealthy? Does the tenant depend on any other parties to survive? The answers to these questions will tell you how secure this tenancy will be.
- Cleanliness
A clean tenant has higher standards than a dirty tenant. It is a fact that clean tenant will care for your rental property better than a dirty tenant.
- Respect
This is an important one. I have had the worst experiences with people who do not respect others. They may not even respect themselves, which usually means they won't treat your property very well since they don't respect it either. If they do not respect you as the landlord, you have a recipe for trouble.
Copyright © 2009 The Landlord Protection Agency, Inc. All Rights Reserved.
Would you like to re-print this article on your website or publication?
Permission is granted to use this Landlord Protection Agency article upon the following terms:
- Full credit for the article is given to the author and The Landlord Protection Agency, www.theLPA.com
- You display a link on your website to The Landlord Protection Agency. (www.theLPA.com).
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Ask the Attorney
 The 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
Please try to keep your questions as short and to the point as possible.
Dear Mr. Reno:
I am living in a rental home that is being foreclosed on and have been advised not to pay rent.If the landlord files an eviction notice, how long will I have and what are my rights? Thanks,
Clinton H
A: You're speeding up your own eviction. If you stop paying the rent, the eviction can start now. If you pay the rent, the eviction wont start until after the landlord loses title to the house. Do the math.
Dear Mr. Reno:
I want to know can a landlord in Maine legally take you to court if the tenant owes $200 in back rent and has filed chapter 7 ? Thank you - Carol M.
A: Yes you can. Small Claims Court. But if the tenant has included you as a creditor in the bankruptcy, then you're out of luck.
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Read more from John Reno, Eviction Attorney
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NEW ESSENTIAL FORM DOWNLOAD
This form is so new it is not yet available on the LPA Site!
Sometimes tenants take it upon themselves to decide what they want to keep in your yard. It might be a swingset, a gazebo, a deck, monkey bars, trampoline, pool, etc. The list goes on, but you should have a form to help you protect yourself from liability concerning authorized or unauthorized items the tenants put onto your property.
 The LPA Swing Set - Yard Accessory Addendum
 The LPA Swing Set - Yard Accessory Addendum
(You can download this free till May 31, 2009 in Word or Adobe PDF)
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A Picture is Worth a Thousand Words...
NEW LPA SITE UPGRADE
 The LPA's National Rental Advertising, "Landlord's Corner" will now have the ability to include 6 pictures in addition to the other pertinent data you choose to publish about your rental(s). (Don't forget, you get unlimited advertising when you are an LPA member!)
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What's going on right now in the Landlord Forum?
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Quotations...
"Success is often killed by a four letter 'F' word: F E A R. Face your success killing fears. They are never as bad as you imigine them to be." - John Nuzzolese
"It is in your moments of decision that your destiny is shaped." - Anthony Robbins
"Nothing is particularly hard if you divide it into small jobs." - Henry Ford
"How much did your last tenant problem cost you?"
- John Nuzzolese
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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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Take Advantage Now! LPA Membership Increasing June 1, 2009!
 
SPECIAL
BONUS FORMS DISK
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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Interested in past LPA Newsletters?
Feel free to view the
LPA Newsletter Archive
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