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The LPA Newsletter
October 14, 2014

Dear Fellow Landlord,

It is not uncommon for landlords to issue a termination of tenancy, change of terms or renewal notice with the proper amount of notice time, served or sent by certified mail and still, get no response from the tenant. The owner wonders if the tenant plans to renew or vacate. That's where my special clause, "Automatic Agreement by No Response" comes in handy.

In case you missed it last week, we are doing another Live Webinar on Collecting Back Rent! If you have unpaid rent money out there being enjoyed by your ex-tenants, I think it would be worth your time! See you then! Details below!

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
  • Automatic Agreement by No Response
  • Webinar Next Tuesday 10/21
  • Free Dishonored Check Notice
  • Ask the Attorney, Real Estate Attorney, John Reno
  • Wealth Secrets and 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. We always recommend checking with your local attorney before using new notices with your tenants.

Click here to copy the Automatic Agreement by No Response



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Live Webinar Next Tuesday: Collect Back Rent

Hi, I'm John Nuzzolese, founder and president of the Landlord Protection Agency. I hope you'll join me in a powerful, educational webinar with Cynthia Schmidt "Mrs Landlady". Cynthia and her husband, Gary, are authors and teachers of the national renowned Collect Back Rent program and have been landlords for over 20 years with hundreds of tenants. They know first hand how important it is to your success to collect your rent - even the rent the tenants thought they got away with!
See you there!

Oct 21, 2014 at 8:00 PM EST, 7:00 PM CDT, 5:00 PM PST:
Join us for a Collect Back Rent
free webinar

Register now!

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Do Your Tenants’ Rent Checks Bounce?


One fact of being in the landlord business is that rent checks will occasionally bounce. When that happens, you, the landlord will probably not find out the rent check was returned until 3 or 4 weeks later, depending on how efficient your bank is.
How does that concern the tenancy? It means the rent is approximately 3 -4 weeks late, plus you’ve incurred bank charges on top of it.

Like a late rent notice, the LPA Dishonored Check Notice will inform the tenant that the rent check was returned for insufficient funds. It will ask for the balance due along with any applicable bounced check charges, late fees, and daily late charges as agreed in your lease.

Remember, a bounced check can cause the rent to be extremely late, thereby placing you at a point in time where you may normally begin eviction proceedings, so it is important to jump on this immediately. The LPA recommends that you check your bank account often to discover bad checks as soon as possible.

FREE LPA Form Download!

Collect your rentLPA Dishonored Check Notice

See more Essential Forms


The LPA Dishonored Check Notice also contains a check box for the option to inform the tenant that personal checks will no longer be an acceptable form of rent payment and that they must now pay the rent in the form of postal money order, certified bank check or cash (cash only if you collect rent in person).

The LPA also recommends that when you send a notice like this to the tenant, it is a good idea to copy and paste the late fee and bounced check clause from your LPA Lease to the bottom of the form to show the tenant the penalty fees they agreed to in their lease.

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FREE Tenant Credit Reporting
(LPA Membership Bonus Feature)

Tenant Reporting

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 bright side, remedies are available. 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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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!

  • NO sign-up or set-up fees,
  • NO membership fees,
  • NO compliance fees
  • Just lower prices!

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



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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:
    I am in a suburb of Chicago, Illinois. My tenant's lease is up November 30, 2014. I told her that we are not going to renew her lease. Rent is due on the first of the month. When I contacted for the rent she said that she needed until Sunday night to get the rent together. (Which she has done in the past with a late fee) When I contacted her on Monday for the rent she says she doesn't have it. (She paid part of the rent before and then a week later the balance). So I asked how much does she have - she said nothing. So I gave her a 5 day notice. So my question is if she doesn't move by the end of November can I enforce the holdover section of the lease if I proceed with the 5 day notice?
    Thanks for your time.
    Lynn, IL

    A: You lost me Lynn. Isn't the five day notice a "pay or quit" thing? Why would you wait until Nov? I mean, you can, but it's a non-payment, not a holdover. For a holdover, you have to terminate the lease. Does the Five day Notice terminate the lease? I guess if it does, then it's a holdover, but I still don't know why you would wait 'till Nov?

    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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    Wealth Secrets & Success Quotes

    "Losers are people who are afraid of losing." Robert Kiyoski

    "It's not what you've got, it's what you use that makes a difference." - Zig Ziglar

    "Success is how high you bounce when you hit bottom." - General George Patten

    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

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

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    What are people saying about The Landlord Protection Agency?

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