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Landlord Newsletter August 23, 2011










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The LPA Newsletter
August 23, 2011


In this issue:

  • Credit Reports for Collection Purposes
  • Ask the Attorney, Real Estate Attorney, John Reno
  • Important Landlord Screening 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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Credit Reports for Collection Purposes
Can I Run a Credit Report to Locate my Tenant who Owes me Money?

by John Nuzzolese credit report

A common misconception landlords have is that they can run a credit report on a tenant if they have the tenant's social security number. You must have the applicant's written authorization explicitly for running a credit report. It is illegal to pull a credit report without the tenant's written authorization according to the FCRA (Fair Credit Reporting Act). There could be very serious ramifications if you order credit reports without written authorization.

What if you have written authorization on your tenant's rental application to run a credit check? ...

click for the full article on how you can run credit reports for collection purposes...

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Ask the Attorney

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

John Reno also does Mortgage Loan Modifications (Nationwide).
(Mention The LPA for a 10% discount!)

Dear Mr. Reno:

A:

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.

Read more from John Reno, Eviction Attorney



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Landlord Screening Tip

Don't forget the Landlord Reference
Always, always verify the current and past landlord. Ask the "landlord" to just verify the address of the property the tenants are leaving from. You'd be suprised how many phony reference "landlords" don't even know their friend's address or how long the tenancy was. (We have a Landlord Reference Qualifier form to make this an easy reference to check! - John N., N.Y.


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Wealth Secrets & Success Quotes

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

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Did You Know...?
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    Not only is Danielle Babb one of our county's most knowledgeable real estate analysts, she also shares excellent landlord information and advice in her book, "The Accidental Landlord". Plus she's a super nice person! - John Nuzzolese

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