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Updated over 2 years ago on . Most recent reply

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9
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3
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Amit Shah
3
Votes |
9
Posts

Renter continues to be behind on payments

Amit Shah
Posted

Hello All,

Need your opinion.

A renter continues to be behind on making payments. He is now late and has not caught up with payments for the 2nd month running. He has also previously made payments using his debit card that have failed in the past (he sent us screenshots thinking we'd not mind it, but it fails). 

Right now,we've worked out a deal where he would pay $1000 weekly and try and get back on track. A friend advised that I sent a default notice via registered and regular mail. Any suggestions for ensuring I have done due diligence before eviction troubles arise potentially?

Kindly advise!

Most Popular Reply

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17,723
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15,273
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Chris Seveney
Lender
Pro Member
  • Investor
  • Virginia
15,273
Votes |
17,723
Posts
Chris Seveney
Lender
Pro Member
  • Investor
  • Virginia
ModeratorReplied
Quote from @Amit Shah:

Hello All,

Need your opinion.

A renter continues to be behind on making payments. He is now late and has not caught up with payments for the 2nd month running. He has also previously made payments using his debit card that have failed in the past (he sent us screenshots thinking we'd not mind it, but it fails). 

Right now,we've worked out a deal where he would pay $1000 weekly and try and get back on track. A friend advised that I sent a default notice via registered and regular mail. Any suggestions for ensuring I have done due diligence before eviction troubles arise potentially?

Kindly advise!


 Anytime someone is this late we get our attorney involved and have them start the process. It keeps us out of it and people react faster when they get things from an attorney.

  • Chris Seveney
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7e investments
5.0 stars
12 Reviews

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