Landlord Newsletter - New Landlord Protection Homepage |
Dear Fellow Landlord, We're excited about our new LPA homepage! It's a whole new look with new navigation and easier and faster ways to find what you're looking for, whether it be forms, tenant reporting to credit bureaus, credit reports or even just good landlord articles, not to mention our ever turbulent Landlord Q&A forum! I hope you like the new main menu and I hope you also like the Security Deposit articles in this newsletter! 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 and an even more successful year ahead. NEW LOOK - NEW LPA Homepage! It's finally here and we're getting great feedback, and I'm doing my best to get used to change. Anything that makes things easier and faster for me, makes it easier to get used to change! Come explore the new site navigation! I hope you like it!
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What The LPA says you should do and shouldn't do:
Have you ever argued with a tenant about the security refund?
The Security Deposit Settlement Statement may be used with or without a Move-In/Out Property Condition Inspection Report.
One of the most essential forms for a landlord today is the Security Settlement Statement. It is required by almost all states to settle the security deposit after a tenancy has ended. This form alone has enabled us to make valid deductions (saving us tens of thousands of dollars in damages over the years) from security deposits while minimizing objections from tenants.
Don't get me wrong, we are not out to unjustly take security money from tenants! But when deductions need to be made, this form can be a miracle worker. Why? Because it itemizes valid deductions on paper in black and white and now becomes much more difficult for your former tenant to argue with the facts.
In the past we've all made some real bloopers of mistakes. How about one of the most common mistakes that many landlords still do all the time and haven't yet found a better way? ...
Click to read the full article
The 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:
My tenant has given notice and moved after three years of always paying on time.The walls and trim were filthy and had to be completely reprinted. The window seals were chewed off by a dog . He did not disclose that he had a pet. The carpet had to be removed and replaced. The expenses go on to the tune of $6000 dollars. He says he will pay in monthly payments but if he doesn't , can I attach his wages ?
Carla, Alabama Landlord
A: You'll need a money judgment for that. Start the suit for $5000 (small claims limit). In court, sign a settlement, he pays monthly, or a garnishment. If he defaults, you wont need his permission or another court order, you'll already have it.
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.
"Knowledge is power. The more knowledge, expertise, and connections you have, the easier it is for you to make a profit at the game of your choice." - Stuart Wilde
"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 think you know someone? You don't really know them until they've rented from you." - John@theLPA.com
"Believe you can and you're halfway there." - Theodore Roosevelt
"How much did your last tenant problem cost you?"
- John Nuzzolese
How to Check your LPA Membership Expiration Date:
Have you ever been beaten by a tenant on the rent? Most of us have and unfortunately, it is one of the costs of doing business as a landlord.
On the brighter side, remedies are available for many. If you have documented your tenancy with the proper paperwork including a rental application, lease agreement, late notices, etc., you may have a chance of collecting.
Credit bureau reporting is an option in which many modern landlords are beginning to participate....
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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!
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