Landlord Newsletter - Free Background Check offer

Dear Fellow Landlord,

I hope you are ready to commit to making good informed decisions on your next rental based on careful tenant screening. I hope I am making it easier for you to be the best landlord you can be!

In this newsletter:

• Tenant Screening Secret # 1
  
• Free Criminal Background Check with New LPA Membership + QC + COUPON CODE!
  
• Free Landlord Form: Criminal Background Authorization & Release
• What about Tenant Credit Reporting?
  
• Ask the Attorney, Real Estate Attorney, John Reno
  
• Wealth Secrets & 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

You are screening all the time.
Until you agree on the terms of the lease with your prospect, and have signatures of both parties on the agreement, you should be carefully evaluating the applicant . After you've completed all the steps of your tenant screening process, the final decision is made the moment the lease is finalized - when it is signed and all the required funds are paid.

I know it may seem harsh to kill a deal during or just before the lease signing, but I've been able to uncover disturbing knowledge about some prospects just before or during lease signings.

What do you do if you come to realize at the last minute that this is not the qualified tenant you thought you had for your rental property?

A: If this new knowledge is a deal breaker, you must for your own protection kill the deal.
How do you kill a deal?
There are 2 ways you can kill a rental deal at the last minute or during the lease signing.

1) The direct way. Confront the prospect with the information and explain that you can not proceed any further. or

2) Reschedule the appointment while you reconsider.

It is important to always do your best to eliminate the chance of renting to someone who is already showing you that you can expect problems from them.

Setting up your account with Quick Check Credit Reports is free, and all reports are discounted for LPA members.

Please see our price list!

The Criminal Background Authorization & Release Form helps you find out if the tenant is being up front with you. It gives them the opportunity to tell you if there is any criminal history that may come up on a background check. Not only will you have the tenant's full authorization to do a criminal report with law enforcement agencies, you also have the written authorization required to obtain a credit report.

The fact that the tenant has nothing to hide and is willing to release credit and criminal (if any) history to you shows good faith and cooperation in the screening process.

This form can be used in addition to the LPA Rental Application or independently for the purpose of tenant screening authorization.

FREE DOWNLOAD The Criminal Background Authorization & Release Form

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:
I have a question regarding my tenants who are now on a month to month after their 2 year lease. They are always late paying and refuse to pay late fees. I have decided to terminate their month to month. They are putting a financial burden on me. What steps do I need to take to have them removed. Thank you.
Judith I., FL

A: They are current (late but current). That's tricky. You have to serve a notice to vacate. It's either 30 or 60 days (I think 30 in Fla.) Then eviction court. By the way, you're evicting a paying tenant. Late, but paying. You should think about this. You could do a lot worse!

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.

"Everything in your life gets better when you get better, and nothing is ever going to get better until you get better." - Larry Winget

"95% of tenant problems can be eliminated in the screening process." - TheLPA.com

"Tough times don't last. Tough people do." - Gregory Peck

If you want to survive as a landlord, "You can not run your business from your heart. You have to run it from the head." - Nick Koon, Hard Nose Landlording

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

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
   

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....

Click here for the full article

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