The LPA Newsletter February 22, 2012
Dear Fellow Landlord,
In this newsletter:
- Screening: Take the Emotion Out of the Decision
- Free Form!
- Landlord Tips to minimize Move-Out Problems
- Where's the Rent? Excuses!
Please e-mail us if you have any questions or would like to add or share any material / information. Have a great month and an even more successful year ahead.
John Nuzzolese
John@theLPA.com
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Take the Emotion Out of the Decision
The LPA's Tenant-Finder™
Pre-Screening Telephone Worksheet
"It is better to have no tenant than to have a bad tenant."
I've been asked many times to create a form to help landlords ask the right questions on the telephone to help determine if the caller is someone you'd like to set an appointment to show your rental to. The LPA's Tenant-Finder™ Pre-Screening Telephone Worksheet has developed from a simple prospect card into a handy and more complete screening tool for telephone interviews.
Free Download!
The LPA's Tenant-Finder™
Pre-Screening Telephone Worksheet
Have you ever met prospective tenants at your rental property, shown it to them, had them fill out a rental application only to find that they were nowhere near qualified? A simple pre-screening telephone interview can be a major time saver. Why not focus your attention on the most qualified prospects?
Before giving out the address of your rental property and committing your time to a doomed appointment with an unqualified renter, you have a chance to more carefully evaluate which prospects are worth meeting with.
I feel very strongly about strict tenant screening, which begins at First Contact with the tenant. First Contact is when you speak with the potential tenant for the first time, usually when they respond to one of your rental ads. At that point, you have the opportunity to learn what you can about this person's current situation. Are they employed? Can they afford your rental? Do their moving dates correspond with your rental's availability? Is their credit rating acceptable? And so on.
After completing your Tenant-Finder™ Pre-Screening Telephone Worksheet, you can use the scoring area to evaluate your new prospect. Print up a pile of them to screen your next tenant!
Eliminate bad tenant risks before spending your valuable time on them.
"Eliminating a bad tenant before I even have to meet him is what I consider the cheapest eviction I can have!" - John@theLPA
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Landlord Tips
Eliminate Move-Out Problems in the Beginning.
When executing a new lease, remember to staple an "Intention to Vacate" form on the back of the tenant's lease. Reminding the tenant to give proper notice and proper move-out procedure can make your life a lot easier when it's time to start looking for a new tenant.- Dan A., OH
Give Legal Notice Legally
An official dated notice should be delivered / "served" to the tenant,
- in person (preferable)
- sent by certified mail- return receipt requested
- regular first class mail combined with the above. We recommend getting a certificate of mailing receipt from the post office whenever you mail an official notice by 1st class (regular) mail.
Click here for
Free Landlord Forms
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Excuses
"If you're not gonna sell us this house, we have to save for another one." While late in the rent every month, they made an offer to buy the house. (By asking me to apply their past year of rent payments towards the lowball offer they are making) I told them the house is not for sale. Besides, they can't even pay the rent, why would they think they can buy it? Haha! - Stan, L., DE
"We had to use the rent to pay our electric bill. They were gonna turn us off if we didn't pay the whole bill." Apparently they hadn't paid the electric bill for 3 months and owed more on the electric than their rent! Now they may be evicted, but at least they don't owe the electric company! - Andy, NY
"It is SINFUL how money hungry you are! Our last landlord was THANKFUL we paid every 27th of the month!" Oh yeah. I finally tracked down her last landlord. He evicted her! - Faith R., Levittown, NY
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Did You Know...?
If you ordered any LPA forms in the past 15 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:
- 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
*Your Membership Expired? No Problem!
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If you haven't already, please take the opportunity to sign up for The LPA's Quick Check Credit Reports! Quick Check is a simple, fast way to access online credit reports while saving you money!
Special Tenant Screening Discounts for LPA members.
See our price list!
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LPA Members, Interested in past LPA Newsletters?
Feel free to view the LPA Newsletter Archive
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