Six Ways Members Can Work Together to Control Property Damage,   Broken Leases, and Unpaid Rent

One: Tenant Screening

You can check your applicant before you commit.  You can also collect an application fee from your tenant to pay for this service.  Collecting this fee is a common practice and it is a very small cost to your tenant compared to a deposit.  We provide quick, easy, and low cost fax service.  The background check won’t cost you a dime and you can sleep at night.  In cases of fair housing violations, you will have evidence to hold up in court.  You will have your deposit, and you will get a good tenant as well.
 

*Comprehensive Credit reports from the National Credit Bureaus

*Employment Verification/Income Verification

*Rental histories

*Social Security Verification

*Nationwide Criminal Searches

*Eviction Searches

* Risk Scores
 
 

Two:  Ability to Report Past and Present ‘Bad Tenants’ to the National Credit Bureaus

The threat of eviction by itself is not enough to control professional rent home tenants who know the law and understand the system.  However, by adding the power to expose bad tenants “to the world”, landlords can double their power to prevent property damage, broken leases, and unpaid rent.

Once the tenant has been reported to the national credit bureau, there is no where to hide, because negative credit effects tenant housing, future credit and even employment for seven years.  All professionally run retailers, banks and car dealers, utility companies and apartments have this power and it works.
 
 
 

Three: Initial Letter to Tenant
 

The National Association of Independent Landlords sends a non-threatening notice directly to the tenant at the beginning of the lease, which clearly explains that if the tenant breaks your lease, damages your property, or does not pay rent on time, they will be reported to the national credit bureau and to the national tenant history database.  Most tenants are not aware of any consequences for breaking the rules of the lease with private landlords.  Once they receive our letter they will be more likely to pay rent on time, honor the terms of the lease, and take care of your property.
 

Four:  Power to Collect on all Insufficient Checks Written by Your  Tenants

All association members are entitled to use Security Check Services.  All insufficient checks written by your tenant, will be submitted to the check company, via our association. The tenants will be sent a 10-day demand letter demanding payment of the full face value of the check, plus an additional fee of $30.00.  Security Check service will keep the $30.00 fee for their services and the full check amount will be returned to you. Collection calls are made to the tenant for 60 to 90 days. If the tenant does not remit payment for the check, their checks will be denied in many local grocery stores, department stores,  and by other merchants until your check has been paid.

Five:  Power to Collect for Unpaid Rent, Property Damage and Broken Leases

It is hard to hide from a derogatory credit report forever.  Sooner or later a purchase requiring good credit will be attempted.  At that time bad credit, due to a previous landlord’s report, must be addressed and the landlord can work out a suitable agreement with the previous tenant.  In addition, consumer credit counseling will work with the tenant, the landlord, and all other creditors to help work out a payment plan.

Six:  Rental forms

Leases, Rental Applications, Pet Agreement, Inventory Checklists, Credit Authorization forms, Lead-disclosure Statements, Termination of Tenancy, Agreement for Delayed Payments, Resident’s Maintenance Repair Request, Notice of Intent to Enter Dwelling, and Lease Violation forms are just a few of our forms available upon request.

Landlords Join Forces to Collect Rent on Time with Monthly Credit Reporting and Rent Monitoring

Monthly reporting is the preferred way to induce monthly payments. Why? Constant surveillance. During a typical year your tenant may apply for credit 3 times. Waiting until the end of the lease to report allows too much leeway. All major creditors, banks, retailers and over 1,392,000 businesses nationwide report monthly. Many of these Fortune 500 companies make billions annually, yet they will report a $5 debt as fast as a $500 car payment. When money gets tight, your tenant will pay the creditors that report on a monthly basis first. Your rent is the highest monthly payment your tenant has. So, report monthly and get first in line to get paid.