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Landlord Newsletter February 2012 | Landlord Tips

The LPA Newsletter February 1, 2012

Dear Fellow Landlord,

In this newsletter:

  • Landlord Tip: Free Clause for Special Notices
    Automatic Agreement by No Response

  • Are You a Good Landlord?
  • Ask the Attorney, Real Estate Attorney, John Reno
  • Money Saving Coupon Codes for LPA Memberships!
  • Wealth Secrets and Success Quotes

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

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Automatic Agreement by No Response


Have you ever been frustrated because a tenant failed to return a signed copy of your notice of:
  • LPA Lease Renewal
  • LPA Rent Increase
  • LPA Lease Update - Change of Terms or another notice you needed the tenant to agree to so that important changes affecting the tenancy can commence?

Here is the clause to insert into your LPA Notice of Rent Increase, Lease Update - Change of Terms Notice or Lease Renewal so that when you issue a notice, it will still be enforceable even if the tenants don't return a signed copy to you. Just remember it is best to serve all official notices in person or by certified return receipt mail with the proper notice period according to your lease or state landlord tenant law.

Click here to copy theAutomatic Agreement by No Response



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What Makes YOU a Good Landlord?

1. Understanding the need for quality tenant screening
"It is far better to have no tenant than to have a bad tenant."

  • Rental Application forms
    A crucial aspect of screening tenants involves using a good rental application and other forms that focus on determining how qualified the applicant is while legally protecting the landlord. Forms such as the Tenant Finder Worksheet and the Tenant Finder Qualifying Chart can be very helpful after you have verified the information given to you on the rental application.

  • Actually Verifying References
    I'm surprised at how many landlords don't actually make calls to check the references on the rental application! Once I had a landlord reference start laughing when I called. I asked what was so funny. He said, "I can't believe this guy was stupid enough to list me as a reference! He is being evicted as we speak." I highly recommend the Landlord Reference Qualifier as a tool for determining the integrity of the landlord reference the tenant gives you.
    A two minute phone call can save you thousands!

  • Access to pull instant credit reports
    The next step in verifying the references on the signed application that also includes authorization to verify the applicant's credit is to order a credit report. Landlords without access to pull instant credit reports are at a disadvantage when it comes to making timely decisions on accepting tenants. If you do not have access to instant credit reports, I recommend The LPA's credit report agency, Quick Check Credit Reports.

  • Recognizing "Danger Signs".
    After a while in the landlord business, showing rental properties to many tenants, you tend to hear some of the same questions and statements again and again. The screening process is alive from the moment you first speak with your new prospects until the leases are signed and the money is paid, so you must keep your eyes and ears open for clues and telltale signs of whether your prospect is the right tenant for your rental

    Click to read the full article



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    Ask the Attorney

    The Landlord Protection AgencyThe 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 mother has a court hearing next week with her tenants, she has already started the eviction process. However she is trying to evict them before the court date. I advised her not to, they did not pay December rent and did not pay January. Should she take my advice?
    William Weaver, Georgia

    A: Yes, she should take your advice! (By the way, what was her plan to evict them BEFORE the court date? Are we talking heavy artillery?)

    Dear Mr. Reno:
    I was on your website looking for some helpful advice and information for my mother. I would like to ask a question in reference to a tenant issue we are now having. My mother owns a six family home; an apartment was rented to a tenant 77 years of age. He is now on the third month of non payment, at the time the apartment was rented he signed the lease and told us he would be living on his own (long story but the real estate agent who my mom delt with took full responsibility for this man and said not to worry he is his family member and things would be fine). My mom didn't see this coming. this man now has his son staying with him, his son is a heavy drug user and is very violent and out spoken also has people coming and going all hours of the night and day. My mother lives at the residence, she is 73 years old and is fearful of the tenants son. we have started the process of non-payment but we want him out .... he refused to leave and asked that we pay him to leave. I just would like to know what on earth my mother can do to get this resolved im afraid it may not go well in court.we have on ongoing non payment going but as it stands im afraid this can go on a very long time being that the man is elderly and has no income coming in. can you please give us some advice on what we can do to resolve this horror story...
    Thank You..
    - E.M. from NY

    A: You seem to be headed in the right direction. You started a nonpayment proceeding. See how it goes and don't be such a pessimist.

    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.

    Read more from John Reno, Eviction Attorney



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    VALENTINES DAY SPECIAL!
    $5., $10., or $15.!
    *** Limited Time Coupon Codes: Click Here ***

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    Wealth Secrets and Success Quotes

    "One of my biggest fears is having a tenant with more landlord - tenant knowledge than I have." - John Nuzzolese

    "Discipline is the bridge between goals and accomplishment." - Jim Rohn

    "It is better to deserve honors and not have them than to have them and not deserve them." - Mark Twain

    "I know God won't give me anything I can't handle. I just wish He didn't trust me so much." - Mother Teresa

    "How much did your last tenant problem cost you? Your LPA membership will pay for itself by helping you avoid the smallest tenant problem." - John Nuzzolese

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    Did You Know...?
    If you ordered any LPA forms in the past 15 days, the LPA will credit back to you the cost of those orders when you email us your new LPA Membership order #.

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    LPA Membership Expiring?
    Take Advantage of our low Renewal Prices!

    How to Check your LPA Membership Expiration Date:

    1. Be logged in with your LPA username & password
    2. On the "Main Menu" (top right), click on "Your Orders" (right below your name)
    3. The beginning date of your membership will be listed to the left of your membership order # in this format: YYYYMMDD


    *Your Membership Expired? No Problem!



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    Quick Check Credit Reports, Inc.

    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!

    Special Tenant Screening Discounts for LPA members. See our price list!



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    LPA Members, Interested in past LPA Newsletters? Feel free to view the LPA Newsletter Archive

    What are people saying about The Landlord Protection Agency?



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