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All Forum Posts by: Mel Hare

Mel Hare has started 3 posts and replied 32 times.

Post: Demolition or rehab?!?

Mel HarePosted
  • Real Estate Investor
  • Joliet, IL
  • Posts 33
  • Votes 2

That second pic looks just like a house here in Il. Could it be.

Lefty

Post: NOUVEAU RICHE-Interesting Review

Mel HarePosted
  • Real Estate Investor
  • Joliet, IL
  • Posts 33
  • Votes 2

About 8 mos ago a friend talked the wife and I in to going to one of their meeting and It was a rah,rah kind of thing. The speaker was not trying to give you rei tips but promoting NR as the next best thing since slice bread. No thanks, the $16000 they wanted help me get my first property and rehab it.

I just seen my friend sunday and asked how he was doing and his response, I can't write it here.

Lefty

Post: What do you think of Credit Repair

Mel HarePosted
  • Real Estate Investor
  • Joliet, IL
  • Posts 33
  • Votes 2

Hi jim,

How fast do you need to get your scores up. What negatives do you have, I don't need actual names just generic like BK, Judgments that sort of thing. A little more info and we can get a better pic of what you need to do.

Lefty

Post: NOUVEAU RICHE-Interesting Review

Mel HarePosted
  • Real Estate Investor
  • Joliet, IL
  • Posts 33
  • Votes 2

James you hit the nail right on the head with this report. I have 2 friends that did this and they are still trying to figure out whats what.

Thanks
Lefty

Post: credit score monitoring...

Mel HarePosted
  • Real Estate Investor
  • Joliet, IL
  • Posts 33
  • Votes 2

The only place to get the right scores is MyFico, every other site is a Fako score. If you want to monitor your reports then go to the website that sponsors this forum. Equifax is the only bureau where the credit score matches your fico.

Hope this helps

Post: reporting question....

Mel HarePosted
  • Real Estate Investor
  • Joliet, IL
  • Posts 33
  • Votes 2

They will come off 7 yrs. from filing date. Some say its your discharge date but everything I've had removed is filing date.

Post: Tenants Owe Over 10K in Rent and wont pay!

Mel HarePosted
  • Real Estate Investor
  • Joliet, IL
  • Posts 33
  • Votes 2

It seems to me you have only 2 options.

1. Hire a PI to track them down, hire a lawyer to sue them, this will be expensive and the deadbeats that they are you most likely won't see a dime of the money.

2. Figure out the damages, enter a judgment against them, have a recovery specialist go after them. Please not that the JRS work on a percentage basis and it will take a while to find them. When they are found then the game begins, do they work, have a car, a boat, a rental deposit, etc. anything to get some money out of them.

As everyone has suggested a judgment is the only way to go. It depends on what state the judgment is in it can be renewed and go on for quite awhile.

Lefty

Post: Tenants Owe Over 10K in Rent and wont pay!

Mel HarePosted
  • Real Estate Investor
  • Joliet, IL
  • Posts 33
  • Votes 2

Your right Mike, a deadbeat is a deadbeat. A judgment can be renewed and hopefully down the road they get straight and thats when you can get some of your money.

Lefty

Post: Tenants Owe Over 10K in Rent and wont pay!

Mel HarePosted
  • Real Estate Investor
  • Joliet, IL
  • Posts 33
  • Votes 2

This is not a sales pitch, but I belong to group that specializes in Judgment recovery. I don't do this but this group is very good at tracking assets and employment. Judgments are collected on a percentage basis.

If you want more info let me know.

Lefty

Post: It's a girl!

Mel HarePosted
  • Real Estate Investor
  • Joliet, IL
  • Posts 33
  • Votes 2

Congrats Jason and may all your little ones be healthy. I raised 7 children of my own it was a hers, mine and ours deal.

Lefty