Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago, 07/23/2020

User Stats

807
Posts
473
Votes
Nat C.
  • Investor
  • Miami, FL
473
Votes |
807
Posts

Debt collection success stories

Nat C.
  • Investor
  • Miami, FL
Posted

Let's talk about debt collection. It's a prevalent topic now more than ever because many states are letting tenants stay in our investment properties for free and taking away the landlord's right to evict.

I've noticed that many landlords don't sue for unpaid rent or damages after an eviction. I believe the general belief seems to be that you'll never collect on those debts anyway.

I would like to hear some success stories of landlords who did get a judgment order against a tenant and were able to garnish wages, bank accounts or something else. 

You may not recover the money immediately but even if it's years down the track, it's worthwhile. More importantly, these people who I basically think are scammers, will be held accountable for their actions.

If you do have a success story to share, please do include the step by step action you took, so the community can learn something. 

Loading replies...