Dear Fellow Landlord,
Landlords are feeling the effect of today's market conditions in numerous ways, but what about tenants? How is it affecting them? In the article below, Marv Steier talks about how tenants can "stiff" the landlord and what landlords can do about it.
In this issue:
- Landlords Affected in Tough Economic Times
- Security Settlement Challenge Crusher!
- Things Tenants Say, and what they really mean!
- Ask the Attorney Q&A with John Reno
- Tenant Rent Excuses
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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Landlords Affected in Tough Economic Times
By Marv Steier,
President
TVS Tenant Verification Service Inc.
Tough economic times affect every consumer that includes tenants and it has become quite evident recently with the global financial meltdown that many consumers/tenants have overspent and incurred more debt than they are able to handle financially.
So when consumers default on their financial obligation who suffers? Credit card companies, financial institutions and landlords? Yes landlords. More and more consumers, who are tenants, will leave landlords stuck with unpaid rental fees and damaged rental property where they are unable to meet the terms of their lease agreement because of heavy debt load and unemployment, many tenants become angry and frustrated and trash the rental unit. Where this scenario arises the tenant(s) may just decide that it is easier to hire a midnight mover...
Click here to read the full article and descriptions.
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The Security Settlement Challenge Crusher
Have you ever seen a tenant agree with your deductions from the security deposit??
The purpose of The Security Settlement Challenge Crusher Letter is to quickly squash any unfounded tenant arguments about deductions from the security deposit refund.
Even though the Security Settlement Statement has already itemized the deductions in detail for the tenant, some people will still be determined to fight for what they feel is their money.
If you've held back deposit money from former tenants, you have probably been through some uncomfortable confrontations with the tenants who believe they are entitled to more of a refund. It is common to hear them boast about leaving the rental "better than it was at move in." It seems like they go in with eyes wide open and leave with blinders on...
Click here to read the full article
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The Truth Behind what Some Tenants Say
You will Never Hear your Tenant Say ...
"I'm wanted by the FBI, so I gave you a phony credit report."
Click here to read what they really mean!
"I don't mind roaches. I've been living with them all my life."
Click here to read what they really mean!
"If you drastically reduce the rent, I'll do a crappy job on the grounds and make your place look nice and trashy."
Click here to read what they really mean!
"We smoke so much that we'll make your white walls brown without even painting."
Click here to read what they really mean!
"My rottweiler's name is Conan the Destroyer."
Click here to read what they really mean!
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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 in the process of evicting a tenant. I hear there are laws they say you can’t evict a tenant during the winter time. Is that true? Gerald Thomas Smart, Maine
A: You can't evict Santa Clause, from the North Pole on x-mas eve. Other than that, go for it!
Dear Mr. Reno:
My tenant has broken our lease. He has moved out. The lease was for 24 months he only paid for 5 months. We are searching for new tenants. Is this tenant liable for the rent that he signed for in the lease until I get a new tenant? - Gail P. - California
A: Yes, he is liable for lost rent if he broke the lease. That's the whole point. Otherwise, it wouldn't make sense for a LL to have a lease.
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Read more from John Reno, Eviction Attorney
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Tenant Excuses
"You are so old and so rich you don't even need my money. What are you gonna do- go out and get your Mercedes waxed with it?"
No, but I think I'll spend his security deposit on my attorneys fee to evict that foul mouthed good for nothing! - Estelle, KY
"Come see what I did for you. You won't want the rent when you see this!" Oh my God! She painted everything fire engine red --- glossy! All my beautiful crown moldings and wood work. Her deposit will never be enough to restore it. - Louis, Tustin, CA
"I don't have rent because the police took it during the drug raid." - John, Raleigh, NC
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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.
 
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