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Landlord Newsletter August 30, 2011










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The LPA Newsletter
August 30, 2011

Dear Fellow Landlord,
Courtesy of Hurricane Irene, many of us are still without electricty in our homes on the east coast. This, along with various damages, flooding, etc. in rental homes makes for a tense and difficult situation for landlords. If you are suffering through this, I am right there with you wishing us all a speedy recovery! I leave you with this quote from my nephew: "When life gives you lemons....throw them at people...and aim for the head!" - Dan Riley

In this issue:

  • What do I do When the Tenant Doesn't Pay?
  • Ask the Attorney, Real Estate Attorney, John Reno
  • Free Essential Form: No Smoking Notice
  • 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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What do I do When the Tenant Doesn't Pay?

Nonpayment of rent is obviously one of the biggest problems facing landlords. It always was and probably will continue to be. But for now, we can take steps to minimize losses when rent isn't paid.

Nonpayment of rent doesn't always mean the rent was not paid. A partial rent payment creates an unpaid portion. In many leases, including The LPA Lease, past due charges such as unpaid late fees are deemed payable as "added rent". Unpaid Added Rent is the same as unpaid Rent, valid grounds for eviction.

If you need to collect unpaid rent, there is a legal process that must be followed.

When rent is not paid on time, the landlord should be prepared to take action like an automated robot, to collect before too much time passes. Don't be strung along by the tenant waiting for some windfall that may never come.

  1. Late Rent Notice - Be prompt in issuing your tenant a late notice when the rent is not paid by the end of the rent grace period. (That is the date rent becomes late - in my lease it is after the 5th day after due date). I always recommend using a late notice that informs the tenant of late fees. ...

    Click here for the full article.


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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:
    I have family-member tenants in a home I previously lived in. The utilities were never switched to their name due to their lack of good credit and deposit fees. The lease indicates they are "responsible" for all utilities. They had fallen on hard times and I thought I was "helping" them. I did not evict them or charge late fees when they couldn't pay rent and only just recently realized I was being had. I am exploring my options for eviction, but my question is about the utilities in the meantime. I do not want to just not pay the bill, as that would damage my own credit. Can I just turn it off? Do I need to give them notice? They have been there six months rent and utility payment-free.
    Thanks,
    Donna W., GA

    A: In most jurisdictions you are not allowed to "turn off" the utilities. That's why it's best to have them in the tenants name whenever possible. Start the eviction TODAY!

    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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    Are Your Tenants Smoking in your Non - Smoking Rental?

    No Smoking Notice and Reminder

    No Smoking!It happens all the time. People say they don't smoke when they really do. How often have you heard, "Yes, I smoke a little, but not inside the house."

    REALLY?? A smoker smokes and you will find it very hard to control where your smoking tenant will light up. So, if you prefer No Smoking in your rental, make sure you are very clear on that in your lease agreement. (The LPA Lease has a No Smoking clause that can be left in place or stricken if you want to accept a smoking tenant.)

    The No Smoking Notice and Reminder form can be used to inform tenants that they are in violation of their No Smoking clause in the lease agreement. It can also be used a new Notice to initiate a new No Smoking rule for your rental. As with any official written notice, just remember to give the proper notice period of time as your lease or state requires for making changes in the rental agreement.

    The notice can make your smoking rules and requirements a part of your existing lease or a handy reminder of your "No Smoking" clause in your The LPA Lease.

    No SmokingNo Smoking Notice and Reminder

    (You can download this form FREE till September 10, 2011)



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    Wealth Secrets & Success Quotes

    "I know God won't give me anything I can't handle. I just wish He didn't trust me so much." - Mother Teresa

    "It is better to have NO tenant than it is to have a bad tenant." - John Nuzzolese

    "When chill winds blow fierce, a friend acts like a torch, guiding you to safety, giving you warmth, comforting you till the storm is over." - Stuart and Linda Macfarlane

    "You'll have time to rest when you're dead." - Robert De Niro

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

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    CD of landlord forms

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    comes with all 2 - 5+ year LPA Memberships

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    This offer also applies to LPA membership renewals!
    Having all the forms all on disk is a handy time saving convenience.


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    Did You Know...?
    If you ordered any LPA forms in the past 60 days, the LPA will credit back to you the cost of those orders when you email us your new LPA Membership order #.

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    LPA Membership Expiring?
    Take Advantage of our low Renewal Prices!

    How to Check your LPA Membership Expiration Date:

    1. Be logged in with your LPA username & password
    2. On the "Main Menu" (top right), click on "Your Orders" (right below your name)
    3. The beginning date of your membership will be listed to the left of your membership order # in this format: YYYYMMDD


    *Your Membership Expired? No Problem!



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    FREE LPA Gift with Book Purchase!
    Click here to order Dani Babb's Book,The Accidental Landlord Fellow LPA Member, Dr. Danielle Babb is a national real estate expert and author of the new Landlording Book, "The Accidental Landlord".

    Get your copy now... with a FREE BONUS! from theLPA.com


    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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    LPA Members, Interested in past LPA Newsletters? Feel free to view the LPA Newsletter Archive

    What are people saying about The Landlord Protection Agency?



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