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I've had a problematic tenant who I inherited when I purchased a investment property in October. In the last few months she became late, but always caught up with rent, in June she missed a payment completely and the ...
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So I'll make it as short as possible. I was sued and lost a judgement for $25,000. They know about 3 rentals, in my own name, free and clear. I am very aware of the eminent danger. I also have a 2nd loan on my own...
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We just evicted our tenants for non-payment. Do we have to send them an itemized list of charges to keep their security deposit?
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Hi BP,I got this email from property manager:" The attorney has an option where you can pay a $80 skip trace fee and then nothing additional until they are able to collect, at which point they take 33% of what they co...
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Hi. Has anyone used a rent debt collector before? Any recommendations?
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Hello Everyone, I am new to BP, Had few question regarding a foreclosure property.
When a primary residence property is in foreclosure proceeding ( current status: the property is awaiting for a foreclosure judgement...
What happens if I buy a condo in a LLC and fail to pay the condo association fees? I know I risk losing the property to the condo through foreclosure, but what would happen to my personal assets and credit if I faile...
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When/why would you use a Trust Deed/Deed of Trust instead of a Mortgage and vice versa?Is there any advantage to Trust Deeds?Is the Trust Deed transaction handled differently than a mortgage?Is a Trust Deed transactio...
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Is Court the best route or Collections Agency? My tenants broke their lease 1 month early, damaged my property that exceeded the deposit with a grand total of $4500, including leaving me a $260 water bill. Now they b...
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Hi all,
Looking for a referral to a collection agency for Oakland County, MI.
I purchased an occupied Duplex and have a judgement against one of the tenants or non-pay. I am thinking at least one of the...