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Updated over 9 years ago on . Most recent reply

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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
62,825
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42,672
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lastest dead beat tenant tricks

Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Posted

Was having lunch with one of my business partners and he was telling me that on his rentals he gives his tenants his Bank account number and makes them direct deposit it when due.

However ( and that's here in Oregon) he had to do an eviction and he got to court.. and when in front of the judge the dead beat tenant shows the judge a receipt for 150 dollars for a deposit he put into the landlords account... even though it was a partial payment it starts the eviction process all over.. as the landlord accepted a partial even though he had no intention of doing it.. but the tenant had the account number of course and new what they were doing.. buying another 45 days or so for 150 bucks. 

I know there are better ways to collect rent... but I thought I would share this one.

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JLH Capital Partners

Most Popular Reply

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22
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Tim Hackett
  • Professional
  • Ashtabula, OH
9
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22
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Tim Hackett
  • Professional
  • Ashtabula, OH
Replied

If you catch the deposit into your account you can send the tenant a check for the same amount as the deposit via certified letter along with a letter stating you are not accepting his deposit. That will be sufficient.

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