Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (4,376+)
Kenneth Hugen Newbie From Tracy, CA
19 July 2022 | 18 replies
You can click on the 'vote' button if you like someone's post or is helpful, and there are 'awards' to earn on your profile.
Brandon Holley Court declares mandatory rental inspections unconstitutional
5 August 2019 | 12 replies
Judge xxxx  awarded restitution to the Property Maintenance Division for a bordering job that was contracted out to a private corporation.
Bobby W Vanden III Fort Worth Texas
28 October 2015 | 17 replies
On the other hand, if those assets are leveraged, any award in a lawsuit is still in a junior position to the original lender, making those assets much less attractive, particularly if there is a decent amount of leverage on them.
Stephanie G. Keeping security deposit
26 September 2023 | 18 replies
If it ends up in court and you win, you may be awarded 3x the amount.
Dave Stevens collecting from a judgement
8 December 2011 | 2 replies
You should know if you qualified them properly in the beginning.Having said that the courts can award the judgement but it is the landlords responsibility to enforce it.You can file a FIFA to put on each tenants credit.If they have credit worth anything but with a judgement and that long of non-payment I am guessing not.You can hire a collection company to harass them but that is usually a bunch of bark and no bite.You can hire an attorney but that gets expensive and all they will do is what I am going to say next.You can either use a judgement recovery service directly OR you can file an action yourself for bank levy or wage garnishment from their jobs.The wage garnishment can only take a certain percentage each week of their income and if they are below poverty guidelines for the federal government you cannot garnish at all.If most of the income is social security,pension,then you can't garnish protected funds.Ultimately the debtor can file bankruptcy and wipe out your judgement.When you file the action to garnish wages they might settle with a mediator in court with you.You can always sell the debt to a judgement company for 20 cents on the dollar and get the cash and move on.The judgement company will research first to see if the debtors are judgement proof or are likely to recover anything.If they are judgement proof they will not buy upfront.You can have the judgement company do all the work and you split profits with them 50/50.The down side is the payouts are small over time and take a long time to get payment and it's not closed.I would much rather move on and get the money now.Laws vary by state.PENNSYLVANIA Judgment Enforcement, Pennsylvania Interest Rates: Judgment: 6%.
Jim Horne Getting a Mortgage on Low Salary but Big Savings?
15 June 2019 | 12 replies
Here's the deal:- She owns a small disaster recovery services business and has a newly awarded contract with FEMA- She pays herself a fairly low salary from the contract because it's all she needs, so from the bank's perspective she has low income- She has a huge cash savings stockpiled and which she is building (she just started this business) in order to make payroll in periods where FEMA contract disbursements are slow- She's preparing to place an offer on a multi-family she currently lives in and rents from; she could pay cash for the property from her small business savings but needs to save that cash for the above mentioned reason- She's called multiple banks but can't find one willing to lend due to her "low DTI ratio"I think she just hasn't found the right lender and is probably calling big box banks looking for conforming loan terms.  
Avi Garg Damage higher than security deposit
5 February 2018 | 18 replies
I am not well versed on Calif laws, but there are some states where if you do that, you didn’t follow the law and a judge could award 3x the security deposit back to the tenant.
Account Closed Technique for comparing city rental markets
28 January 2017 | 19 replies
The average cities are given no points, and the best are awarded 100% points.
Clayton Coombs How to avoid taxes with primary income from flipping properties?
24 November 2018 | 88 replies
@Carl Fischer food stamps and welfare are hardly an "award" as it's never enough to actually live on.
Andrew Neal Who here is paying off their long term rentals?
31 October 2018 | 134 replies
Andrew, I think you're top contender for winning the Best Post of the Month award