|
 |
 |
 |
 |
Landlord Newsletter - July 24, 2012 |
 |
|
|
 |
Asking for the rent when the tenant is behind is a thing we all need to do as landlords. How you ask for late rent from the tenant is also very important in dealing with people who may still remain as your tenants. That is why I have a number of lease enforcement and collection forms for different situations and approaches. In this newsletter:
Please e-mail us if you have any questions or would like to add or share any material / information. Have a great month!
Account Status NotificationAre Your Tenants IN ARREARS?
The Account Status Notification helps keep your collection efforts organized while you try to bring your struggling tenant accounts back in good standing. We should never let a tenant get behind in the rent or other charges, right? We are professional landlords and we know better than to let this happen, right? Why then does it still happen anyway? Using the LPA Urgent Late Notice as a model, I was able to tailor this form to suit my purposes to achieve the results I wanted. The Account Status Notification easily updates the tenant of their account status, reminds them of any past due balances such as unpaid late fees, attorney fees, etc. and alerts them if legal action is pending. The form helps to avoid misunderstandings with tenants about what is owed and when it is due.
Landlord Tip:Tenant Screening can be EasyFor many beginning landlords, there is a bit of confusion about how to go about screening applicants for rental property. There is further confusion about how and when to obtain a credit report on the prospect. First, I'd like to explain that you need to pre-screen the tenant manually before spending time and money on a prospect. To do this properly, you will need a good rental application. Next, you will need a reliable credit report provider. Below I've listed links that will take you through the screening process and provide you with the tools you need to do a professional job.
1. How to Screen & Qualify Tenants in 5 Easy Steps 
Dear Mr. Reno: A: You can't charge for guests. If they move in, that's a different story, but then try proving it! By the way, you can put in the lease and if they pay it, great, but if not its tough to enforce. If you have a landlord tenant problem you'd like to ask a question about, please feel free to e-mail me your question. 
"A slip of the foot you may soon recover, but a slip of the tongue you may never get over." - Benjamin Franklin "An investment in knowledge always pays the best interest." - Benjamin Franklin "Drive thy business or it will drive thee." - Benjamin Franklin "Nothing is particularly hard if you divide it into small jobs." - Henry Ford "How much did your last tenant problem cost you?" - John Nuzzolese
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! See our price list!  Take Advantage of our low Renewal Prices! How to Check your LPA Membership Expiration Date:
 What are people saying about The Landlord Protection Agency? |
|
  
|
||
|
||||||
© 2000-2023 The Landlord Protection Agency, Inc.
Account Status Notification