Landlord Newsletter March 2007 - Eviction proceedings?

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

Attorney's Fee Warning Notice

Even though the Urgent Late Notice clearly states that the rent is late, late fees are due and the account is in eviction status, the Attorney's Fee Warning Notice has been know to get positive results.

New LPA Form! Limited Time Only: Free Download for LPA Newsletter subscribers.(Exp. 3/31/07) Attorney's Fee Warning Notice Attorney's Fee Warning Notice

The 6 BIGGEST Landlord Traps

1. Improper Screening

Believe it or not, many landlords still are very trusting and comfortable with a basic application if any or a handshake. The eviction courts are full of landlords who like to trust their 'gut' feeling.

The Landlord Protection Agency highly recommends you use our rental application or another comparable application. Applications are powerful screening tools when you verify the information that they contain.

2. Advertising

When you list your rental with an experienced, landlord oriented real estate agent, (preferably a member of The Landlord Protection Agency, your advertising should be included with the service. If you are not using an agent to rent your property, you may want to take advantage of services such as The National Tenant Register, which is listing of prospective tenants in search of rentals. The tenants advertise their rental needs to landlords through web sites such as theLPA.com web site. The ads are broken down geographically into categories for the landlords convenience.

3. Relying On Non-Landlord Agents

If you are forced to use an agent inexperienced in landlord matters, be sure to do the screening and accepting of the prospective tenant yourself. If your agent is not using the The LPA Rental Application or a comparable one, be sure to supply him with one.

4. Allowing Tenants To Cross The Professional Line

Many tenants have a way of making it their mission to become friends with their landlords. It has always been a valuable rule of thumb to not do business with friends and family. If possible, keep a friendly professional arms length from your tenants.

5. Using A Substandard Lease

Landlords need a lease designed by professional landlords and attorneys that will protect them and their properties. Our LPA Lease and the Essential Landlord Forms do just that.

6. Paying For Credit Reports

Have your application require a tenant paid screening fee as included in our LPA^TM Rental Application.

Report bad and good tenants to the National Tenant Rating Bureau or Deadbeat Database

"Jet Blue lost my suitcase and it had the rent in it." I don't believe it. That the rent was in the suitcase. - John, Fort Myers, FL

"My truck was broken into and all my tools were stolen." Unfortunately his insurance only covers the truck and not his $5K worth of tools. More unfortunately, I don't have my rent! - Kenny G., NY

"I can't pay you because I have been so stressed. I will have a doctors note to explain why I can not pay the rent." - Renee D., CA

"You gain strength, courage, and confidence by every experience in which you really stop to look fear in the face... The danger lies in refusing to face the fear, in not daring to come to grips with it... You must make yourself succeed every time. You must do the thing you think you cannot do." - Eleanor Roosevelt

"Success is the ability to go from one failure to another with no loss of enthusiasm." - Winston Churchill

"When something begins to bother you too much, and you can't solve it, don't try to find solutions - just drop the whole darn thing and try to do without it. Sometimes the best cure for problems is not to cure them, but just to drop them." JC Hobbs

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

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