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Landlord Newsletter Easy Tenant Screening

The LPA Newsletter, March 2006

Dear Fellow Landlord,

In this issue of The LPA Newsletter, I'd like to introduce you to allies of The LPA who will provide you a choice of tenant screening, rent collection and tenant reporting. I've also included a copy of our article "How to get Free Credit Reports".
We've put together some new:

Landlord Tips

the latest Tenant Excuses

Also, the latest Quotes!

Please e-mail us if you have any questions or would like to add or share any material / information. Have a great month.
John Nuzzolese
John@theLPA.com

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Tenant Screening can be Easy

For 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.

How to Screen & Qualify Tenants in 5 Easy Steps
The LPA Rental Application
The Official Credit Bureaus of The Landlord Protection Agency - The LPA now provides you with a choice of the credit report provider that suits your needs best. We also provide agencies who can report to the credit bureaus and collect rent from past tenant debts.

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Landlord Tips
Pay special attention to your potential tenant's reaction when you question any red flags on his application. If you strike a nerve, they may reveal their true colors if you have a potential problem tenant on your hands.

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.-

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Tenant Excuses

"I'm sorry, I paid my credit cards first. I'd much rather pay your late charge than theirs."
This is why the late fees have to hurt enough to prioritize the rent payment. - John@TheLPA

"The dishwasher didn't work when I moved in and I know I'm not gonna get my security back so I'm living it out."
He knows he's not getting his security back because he trashed the home. - Willi N., New Port Richie, FL ***********************************************

Quotations...

"Courage is resistance to fear, mastery of fear - not absence of fear." - Mark Twain
"Money is better than poverty, if only for financial reasons."
- Woody Allen
"Far and away the best prize that life offers is the chance to work hard at work worth doing."
- Theodore Roosevelt
A Way of Being
- Gary Link, Attorney at Law
"How much did your last tenant problem cost you?"
- John Nuzzolese

*********************************************** America's #1 real estate expert is also an LPA Member! The Landlord's Troubleshooter and more Real Estate Books By Robert Irwin
Robert Irwin is the bestselling author of more than 50 books on real estate. His career in the real estate industry encompasses more than three decades of experience as real estate broker, landlord, and consultant to lenders, agents, and investors.

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Books by LPA Members
The Landlord Protection Agency is proud to recommend the following landlord books written by LPA Members, Robert Irwin, Timothy Spangler, Tony & Sandy Midea and Dan Auito. Just click on the book for more information about it.

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