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30 March 2020 | 2 replies
So....see...hear me out for a sec... because this is something I never "got".Just like I did DMM in the beginning against my better judgement, I too tried to follow the herd with this whole "rentals" fad.And more and more am I not becoming a fan of rentals.You buy a property for what $200K?
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5 April 2020 | 14 replies
His landlord and your daughters will need to go to court to get a judgement.
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20 April 2020 | 53 replies
Some tenants will pay because they'd rather not have to move when this is over, others will pay because they don't want a judgement to sully their credit score.
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5 April 2020 | 61 replies
Just like myself, what my tenants needed in my judgement was an opportunity to think straight and get a plan in order.
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1 April 2020 | 4 replies
If they are confrontational and refuse to work with you at all, then tack on your late fees, and tell them you will be filing for all rents, late fees, filing fees, and attorneys fees the second courts are open, and you will be getting a judgement against them, hit their credit, and garnish their wages going forward until you are made whole.
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2 April 2020 | 3 replies
@Corbin JonesI think the risk of liability from tenants or other slip and fall accidents or maybe you are in some other lawsuit and get a judgement against you personally, all point to having your assets in an LLC not your name personally.You could always deed the property to your name personally to refinance then put it back in the llc.But you have already found someone willing to finance in an LLC so start with the deed there where it's probably best.
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2 April 2020 | 7 replies
The bad news is she if she is behaving this way, she is probably already judgement proof due to lack of resources.
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1 May 2020 | 9 replies
@John LynaghI am confused with some of your posts - I am reading that they have saved or come close to saving 35% in the past 3 years but then I read they only have a budget for 1 month of activities.I think you need to present the financials of the coop/condo to a professional and get their judgement.
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3 April 2020 | 3 replies
I’m trying to find an attorney in the central Texas area (New Braunfels or San Antonio) who can get the judgement abstracts and pursue debt collections themselves- a packaged deal.I’m struggling to find someone.
3 April 2020 | 14 replies
If they have done things like this before there may be outstanding judgements and warrants so there may be people very interested in knowing where these people are right now.