Landlord Newsletter November 2009 |
Dear Fellow Landlord, Landlords are feeling the effect of today's market conditions in numerous ways, but what about tenants? How is it affecting them? In the article below, Marv Steier talks about how tenants can "stiff" the landlord and what landlords can do about it.
In this issue:
Please e-mail us if you have any questions or would like to add or share any material / information. Landlords Affected in Tough Economic TimesBy Marv Steier,President TVS Tenant Verification Service Inc. Tough economic times affect every consumer that includes tenants and it has become quite evident recently with the global financial meltdown that many consumers/tenants have overspent and incurred more debt than they are able to handle financially. So when consumers default on their financial obligation who suffers? Credit card companies, financial institutions and landlords? Yes landlords. More and more consumers, who are tenants, will leave landlords stuck with unpaid rental fees and damaged rental property where they are unable to meet the terms of their lease agreement because of heavy debt load and unemployment, many tenants become angry and frustrated and trash the rental unit. Where this scenario arises the tenant(s) may just decide that it is easier to hire a midnight mover... The Security Settlement Challenge CrusherHave you ever seen a tenant agree with your deductions from the security deposit??The purpose of The Security Settlement Challenge Crusher Letter is to quickly squash any unfounded tenant arguments about deductions from the security deposit refund. Even though the Security Settlement Statement has already itemized the deductions in detail for the tenant, some people will still be determined to fight for what they feel is their money. If you've held back deposit money from former tenants, you have probably been through some uncomfortable confrontations with the tenants who believe they are entitled to more of a refund. It is common to hear them boast about leaving the rental "better than it was at move in." It seems like they go in with eyes wide open and leave with blinders on... The Truth Behind what Some Tenants SayYou will Never Hear your Tenant Say ..."I'm wanted by the FBI, so I gave you a phony credit report."
Click here to read what they really mean! Click here to read what they really mean! Click here to read what they really mean! Click here to read what they really mean! Click here to read what they really mean! Ask the AttorneyThe Landlord Protection Agency® is proud to introduce John Reno, Esq., a highly experienced Landlord - Tenant attorney based on Long Island, NY. If you have a landlord tenant problem you'd like to ask a question about, please feel free to e-mail me your question.
Tenant Excuses"Come see what I did for you. You won't want the rent when you see this!" Oh my God! She painted everything fire engine red --- glossy! All my beautiful crown moldings and wood work. Her deposit will never be enough to restore it. - Louis, Tustin, CA "I don't have rent because the police took it during the drug raid." - John, Raleigh, NC
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