Skip to content
×
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
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime

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 Landlording & Rental Properties
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 5 years ago on . Most recent reply

User Stats

28,105
Posts
41,119
Votes
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,119
Votes |
28,105
Posts

Funniest excuse for not paying rent?

Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorPosted

Share your funniest excuse for why the Tenant failed to pay rent!

  • Nathan Gesner
business profile image
The DIY Landlord Book
4.7 stars
166 Reviews

Most Popular Reply

User Stats

28,105
Posts
41,119
Votes
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,119
Votes |
28,105
Posts
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

My example is kind of long. Tenant was a work-from-home attorney. Regularly late, and this time he was 15 days late. I sent him a 3-day Pay or Quit Notice and this was his response:

  • Complete payment history, the requirement of which has been established via Spears v. Brennan, 745 N.E. 2d 862 (Ind. Ct. App. 2001);
  • The agreement bearing the signature of me, wherein I agreed to pay;
  • The letter of sale or assignment from the original creditor to your company. (Agreement with your client that grants you the authority to collect on this alleged debt.) Coppola v. Arrow Financial Services, 2002 U.S. Dist. LEXIS 26788 (D. Conn. 2002) - Information relating to the purchase of a bad debt is neither proprietary nor burdensome. Debtor must clearly phrase their request to obtain: the source of a debt and the amount a bad debt buyer paid for plaintiff’s debt; how amount sought was calculated; where in issue a list of reports to credit bureaus; and documents conferring authority on third party to collect debt.
  • Documentation of the creation of the debt with your collection agency.

My response:

  • Nathan Gesner
business profile image
The DIY Landlord Book
4.7 stars
166 Reviews

Loading replies...