All Forum Posts by: Eve Oliver

@John Underwood- Lesson learned!!!!!! Move forward I will make sure my deposit is the same as the rent or a bit higher. 

What do I need to do to recoup the money that tenant didn't pay. His lease expires on May 15th. In March when our state started hearing about COVID cases, he already said he couldn't pay and we extended the payment for a later date. We made payments agreement, he only paid half of it. Last week I decided to send a 5-day notice. He owes us for April and half of march but his lease expires in May. What's the best way to recoup the money he didn't pay.? I will file an eviction on May 1st but I want to make sure he pays what he owes us.

What do I need to do to recoup the money that tenant didn't pay. His lease expires on May 15th. In March when our state started hearing about COVID cases, he already said he couldn't pay and we extended the payment for a later date. We made payments agreement, he only paid half of it. Last week I decided to send a 5-day notice. He owes us for April and half of march but his lease expires in May. What's the best way to recoup the money he didn't pay.? I will file an eviction on May 1st but I want to make sure he pays what he owes us.

What do I need to do to recoup the money that tenant didn't pay. His lease expires on May 15th. In March when our state started hearing about COVID cases, he already said he couldn't pay and we extended the payment for a later date. We made payments agreement, he only paid half of it. Last week I decided to send a 5-day notice. He owes us for April and half of march but his lease expires in May. What's the best way to recoup the money he didn't pay.? I will file an eviction on May 1st but I want to make sure he pays what he owes us.

What do I need to do to recoup the money that tenant didn't pay. His lease expires on May 15th. In March when our state started hearing about COVID  cases, he already said he couldn't pay and we extended the payment for a later date. We made payments agreement, he only paid half of it. Last week I decided to send a 5-day notice. He owes us for April and half of march but his lease expires in May. What's the best way to recoup the money he didn't pay.? I will file an eviction on May 1st but I want to make sure he pays what he owes us.  

Thank you very much everyone for your input, it was very helpful!  

@Account Closed what you mean is" it defeats the purpose of the LLC if I have all the LLCs in 1 Business account instead of creating one for each of them? I will remove all the liability protection if I have all the LLCs in one BA correct?

@Frank Chin Thank you for your insight!! My goal is to continuously grow my rental business, I just dont want to have several LLCs and Several Bank accounts. I have a few other properties that I want to move under a LLC but I got stuck on the process due to the Bank accounts.

Hello- I have created 2 LLCs for my 2 rentals that mean I have to have 2 different bank accounts? or I can have just one bank account that can hold all the LLCs. Any suggestions?  

@Aaron K.@Mindy Jensen these are definitely great ideas to bring to the seller. Thanks guys