Joshua Higgins
Any tips on using a collections agency?
I recently had to go through the initial stages of an eviction for a tenant in a rental unit in Issaquah Washington. He had moved In about a month earlier, but he gave two fraudulent checks to my leasing agent during ...
Llewellyn Clarke
Bank foreclosed on rental property 10 years now 1099 for this tax year
Purchase an rental property in 2006 and the bank Foreclosed in 2014. The Bank send a 1099 for the charge off for this Tax year. How do I avoid Minimize my Tax Liability????
Kenneth Estes
Collecting Tenant Balances
Hey folks,
We've a couple of hundred homes that we rent for cash flow. As one might imagine, we also have a fair amount of former tenant balances we need to collect on.
We've given a couple collection agencies a tr...
Kellen Bradford
Can you have an account in collections and get home equity loan
I have a 680 score and 1 account in collections for $500... Could I get an equity loan or does that collection need to be removed or paid off ?
Bill B.
npn with discharged BK 7 complete
Hi,I'm doing DD on a note. The property is NOT owner occupied. The borrower lives in a different state than the collateral securing the notePacer shows that BK 7 was discharged and closed in February of 2015, over a...
Ivan Loza
It’s MY MONEY and I want it NOW!
Anybody here have any success stories retrieving money owed from previous tenants? One of my ex tenants left the house a mess, owes me a couple months of rent and a fee for breaking the lease early. We set up a repa...
Brian Kohn
New to screening - need help
We have an out of state tenant that has applied for our rental.Nice couple with 5 kids. They want to move in site unseen because they both have job offers locally that start in the next couple weeks. The income from...
Keegan Uderitz
Eviction process after court ordered judgement, past tenant is now on Medicaid
hello all!I made a big mistake and was too soft, let a tenant go for WAY too long without paying. We went to court, he did not show up and the courts gave me the judgement against him. The collections agency is tellin...
Malhar B.
Collecting rents from evicted tenants
Hello everyone! I was curious, has anyone used a collections agency or attorney to collect rents from a tenant that was evicted? If so, which do you prefer, attorney or collections agency? How do you go about selec...
Eric Jones
How to Calculate Payoff and Arrears on Non-Performing Note
Hello,I'm currently doing due diligence on a non-performing junior lien that has gone unpaid for about 5 years. I know the unpaid principal balance, interest rate, and monthly payment but the arrearages and payoff amo...