All Forum Posts by: Yuriy Tymoshenko

Hello, all mighty board. 

I have two individuals who owe me money. 

One loaned $3K with the title of their vehicle to be held as a collateral. We have loan contract and it was supposed to be a quick loan, however the person failed to continue to pay after they made second payment. 

Second person abandoned her lease and refuse to pay all  the amount required to cover the property damages at her house.(around $2K)

Off course both of these cases seem like dead beats, however both are employed on the good positions with the state. So once( and if) small claims court rules in my favor, I will contact their employers and set up a pay garnishment and have the money deducted on the monthly basis.   I was trying to find time to file small claims court report, however I don't have time and have million things going on. So Im looking for a possibility of hiring someone to file it for me and pay them for their services. This cost I will in-turn pass to the individuals who owe me money. 

However, from what I understand,  it will be difficult to find a lawyer with such a low amount.  Another option is the collection agency?

What are your thoughts?

How is the investing in Thomasville? I feel like Tally market is getting too expensive and wouldn't mind to invest elsewhere in the area. Do people rent or mostly own? What kind of people rent? Im not interested in Section 8 type tenants

Good GC is a sore topic in Tally. Everyone I know, I have to babysit. Sorry for the vent

My LLC tied up to Bank of America. As long as you maintain the balance of $3K, its free.

Yes, Postlets (now bought by Zillow) worked great for me in the past. However, they recently changed their policy to force large condo complexes management companies to sign advertisement contracts in order for Zillow to catch more revenues.

This will backfire if you own one or two houses in large condo complex. Here is my example:

My condo complex is 84 units. I own only two of those units. The majority of units are managed by company called Core. Zillow forced Core to sign advertisement contract with them. This contract is also exclusive. This means that I can't advertise my two units anymore, which I manage myself(because I chose not to hire Core).   

This being said, if you are renting out SFH - you are in the good shape with Zilllow. Удачи!

 Thanks, man. And thank you everyone who participated in this thread.

Keep your shirt on, John. No one is getting sued yet))))