People have been calling for a bursting bubble for the last 4 or 5 years, since the true recovery from 2008 began.

Hello BPers, Can someone recommend a good rent recovery service that can help collect delinquent rents either through a collection agency or some other legal form.

Holding on with the hope of recovery is usually a big mistake.

I moved to Phoenix, AZ in March 2017 from Miami, FL with my girlfriend after she got a new position, and immediately got my Real Estate License (former career in college athletics).

Great show guys this episode was packed with tons of information I definitely learned a lot as always... also glad to hear Josh daughter is doing great on her recovery.. keep up the good work 😊👍🏾

There is a recovery/behavioral health building down there that seems to be holding the neighborhood back a bit.

It has been used as a retreat, recovery center and Bed n Breakfast.Now it is time to sell.

They have a duty to their shareholders/members to maximize recovery and minimize loss and not exposing the property (REO) to the open market would be negligent in my experience.Maybe you mean working with the owners through their agent or, maybe you mean working with the bank through their agent after the foreclosure.

In addition to the asset protection, I see another benefit of forming LLC to be its deterrent effect, because tenants and/or other randos who are deciding whether to sue would see a LLC as the landlord (which would involve a more drawn out legal battle for any recovery) rather than an individual (which is a much easier target). 

I have used Columbia Debt Recovery in the past.