You can turn it over to collections and maybe get some of that money back.

Forced appreciation: New paint job for the exterior of both units performed in 2024, Rents raised to market rents in 2024Pain points: Collection of the tenant portion on time has been an issue.

You can hire an operator to manage the sampling, sludge collection, and forms to file quarterly, for around 4-600/mo (again depending on size). 

Once you have all the evidence gathered, submit the tenant to collections and maybe you'll get some of it back, but don't count on it.

But recently they switched their payment provider from Dwalla to Stripe and Stripe started charging $1.50 for each ACH deposit for rent collection.

You would need a proper assignment agreement, full disclosures and the title company to arrange assignment and settlement and the collection of you're giant profits. 

Hi all,I have an ex-tenant that owes back rent and damages after they left that the security deposit doesn't cover.I read some forums here and am getting some mixed signals on the process of collecting debt.The way I read it is you can just go to a debt agency with in my case the signed lease and also the security deposit transmittal showing what's owed and the collections agency can legally take it from there.

What if they have collections or judgments?

Property managers can handle tenant screening, maintenance issues, and rent collection, freeing you up to focus on other aspects of your business or even new ventures.

I'm a little surprised because this guest has twelve 5-star reviews on AirBnB.From reading the collective wisdom of this group, I know that all the above is small stuff.