The LPA Newsletter
June 16, 2010
Dear Fellow Landlord,
Do you ever wonder why some people are successful and some aren't? In today's day and age it seems that kids DO NOT WANT TO WORK. "Work" is a 4 letter word! For many years since I first read the "Results of Initiative", I've related the short story to what I see in real life. I've made copies for my kids and hope it's made an impact on them. I hope you like it- and if you've read it in the past, I hope you enjoy it again.
In this issue:
- Article: The Results of Initiative
- FREE FORM DOWNLOAD: Tenant's Intention to Vacate
- What Tenants Don't Say
- Tenant Excuses
Please e-mail us if you have any questions or would like to add or share any material / information.
John Nuzzolese
John@theLPA.com
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The Results of Initiative
Some years ago, three brothers left the farm to work in the city. They were all hired by the same company at the same pay. Three years later, Jim was being paid $500 a month, Frank was receiving $1,000, but George was now making $1,500.
Their father decided to visit the employer. He listened to the confused father and said, "I will let the boys explain for themselves."
Jim was summoned to the supervisor's office and was told:
"Jim, I understand the Far East Importers has just brought in a large transport plane loaded with Japanese import goods. Will you please go over to the airport and get a cargo inventory?"
Three minutes later, Jim returned to the office. "The cargo was one thousand bolts of Japanese silk," Jim reported. "I got the information over the telephone from a member of the crew."
When Jim left, Frank, the $1,000 a month brother, was called...
Read the full article
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FREE LPA Form DOWNLOAD
tenant's Intention to Vacate
  Intention to Vacate
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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What Tenants Don't Say: They may say: Is off-street parking available?
They are really thinking: "I plan to use my 4 wheel drive monster tire truck
to destroy your grass and leave giant ruts in the yard." - Submitted by Brad, LPA member
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Great Tenant Excuses
"I waited for you to come by and pick it up. I wasn't going to wait forever so I spent it." Why do you think I gave you pre-addressed envelopes, MORON? Eviction time! AAAAAHHH!!! - Perry C., Brooklyn, NY
"A tree limb fell and damaged my car. It was your tree so you should pay."
That's why my LPA lease requires them to have renters insurance. The lease protects me, but I think this tenant may have to go. - Maxine, NY
"I can't pay the rent because all of our checks were ruined by the water leak in the garage." The leak was reported 2 weeks before rent was due and would have been repaired the same day if not for the tenant canceling the appointment with the plumber. Audra, OK
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Fellow LPA Member, Dr. Danielle Babb is a national real estate expert and author of the new Landlording Book, "The Accidental Landlord".
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Not only is Danielle Babb one of our county's most knowledgeable real estate analysts, she also shares excellent landlord information and advice in her book, "The Accidental Landlord". Plus she's a super nice person! - John Nuzzolese
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Having all the forms all on disk is a handy time saving convenience.
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NEW SITE FEATURE: PICTURES!
Worth A Thousand Words!
The LPA's Rental Advertising division,"Landlord's Corner" allows you to include up to 6 pictures (thumbnails and full size pictures) in each rental ad. (UNLIMITED FREE ADS come with LPA membership!)
LPA members: FREE!
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LPA Membership Expiring?
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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
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Electronic Rent Collection
LPA members have been asking me for a while now about how to set up automated rent payments with their tenants. I'd like to bring your attention to ClearNow, the leader in electronic rent collection. ClearNow enables you to have your rent automatically withdrawn from your tenant's bank accounts and directly deposited into your bank account.
If you haven't done so already, please check out
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