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Updated about 6 years ago on . Most recent reply

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209
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312
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John Kunick
  • Investor
  • Broken Arrow, OK
312
Votes |
209
Posts

How to Collect Rent from a Tenant that Vanished?

John Kunick
  • Investor
  • Broken Arrow, OK
Posted

So, I've been fortunate over the years and have never had a tenant vanish.  But, this past week, I encountered my first.  Sad thing is there was no warning.  This tenant had paid like clock-work for over a year.  Then, he lost his job and got a month behind in rent.  He was communicating with me and then went radio silent.  Apparently, he moved out of state and did not leave a forwarding address.  So, any suggestions on potentially using a collection agency?  I would go to small claims court except, from what I understand, I have to have a forwarding address?  I would like to figure out a way to have this hit his credit report so other landlords don't have to encounter this with him in future.  Would appreciate any advice or ideas!

Most Popular Reply

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42,858
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63,219
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
63,219
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42,858
Posts
Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

waste of your time and energy.. its the cost of doing business..

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JLH Capital Partners

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