Dear Fellow Landlord,
Have you ever had tenants ask you if they can move into your rental property early? It is very common for tenants to be allowed move into rentals before the lease has even started. Usually, it is only for a day or two, but sometimes it's for longer. How vulnerable are you in this situation?
In this issue:
- New LPA Form Download: Early Occupancy Lease Amendment
- Ask the Attorney Q&A with John Reno
- Landlord Tip
- Wealth Secrets & Success Quotes
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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New Essential Form - Free Download
Early Occupancy Lease Amendment
"Can we have the keys a few days early?"
How often do your new tenants ask if they can have the keys a few days before the lease begins?
Many landlords are only too happy to start off on a good note with their new tenants and gladly grant them early possession.
But wait! Are you getting paid for those days? Many landlords don't even think about what those free days are worth. (If you prorate the monthly rent by dividing the rent by 30 days, you'll get the daily amount per day) -
On the other hand, the tenants may be doing you a favor by taking the property "a few days early" by getting the utilities into their name instead of yours.
More importantly, many landlords don't even realize the ramifications liability-wise when the they allow tenants to pre-occupy the rental before the lease begins...
Click for the full article
Please download a free copy to add to your arsenal of landlord forms!
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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 just sent a letter to a tenant to pay or quit. He does not answer my calls or respond in any way. How will I get him out so I can rent to someone else?
This is my first eviction after 12 years in the business.
Marne Sumner KY
A: Go to Eviction Court. Go directly to eviction Court. Do not pass Go. Do Not collect $200.00.
Dear Mr. Reno:
I have a tenant that is always late with his rent and we would like to sell the house to get out from under the headaches. What is our legal recourse to get them out so we sell the home?
Deborah Kelly, NY
A: If they're current with rent, you can't evict for non-payment, so you'll have to give a 30 day notice. But if they have a lease, all bets are off, until it expires.
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Read more from John Reno, Eviction Attorney
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Landlord Tip
Prepare your tenant
To avoid an unprepared tenant at the lease signing, be sure to instruct him on what to bring with him beforehand. We like to always require the tenant to bring a copy of his driver's license, social security card, and the balance due in certified funds, money order or cash. Also, if there are any other adjustments, we'll advise them at that time. - Lou, BVR Management, Inc.
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Wealth Secrets and Success Quotes
"The winners in life think constantly in terms of I can, I will, and I am. Losers, on the other hand, concentrate their waking thoughts on what they should have or would have done, or what they can’t do." - Denis Waitley
"You must learn from the mistakes of others. You can't possibly live long enough to make them all yourself." - Sam Levenson
"Routine brings results. A disorganized genius is no match for the average person with a daily routine." - Robert Allen
"How much money did your last tenant problem cost you?" - John Nuzzolese, TheLPA.com
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NEW SITE FEATURE: PICTURES!
Worth A Thousand Words!
The LPA's Rental Advertising division,"Landlord's Corner" allows you to include up to 6 pictures (thumbnails and full size pictures) in each rental ad. (UNLIMITED FREE ADS come with LPA membership!)
LPA members: FREE!
Non-members: only $5. per ad.
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What people are saying about The Landlord Protection Agency...
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Early Occupancy Addendum
Fellow LPA Member and national TV real estate expert, Dr. Danielle Babb, is the author of the popular new Landlording Book, "The Accidental Landlord".
Catch Dani