Nick Nelson
Collecting Old Unpaid Rent
Is there a statute of limitations on collecting rent ($5k+) from a previous tenant? I have not actively pursued collecting this unpaid rent on a tenant who moved out last year. But I now have access to a collection at...
Rodney McDaniel
Help with Property Management Company Contract
I am a renting my home and using a Property Management Company. I had concerns about the indemnification part of the contract. Should I move forward with this contract?INDEMNIFICATIONOWNER agrees to indemnify, defend ...
Igor Rabinovich
Can i get a hard money loan with an LLC with personal judgments?
Hi everyone, I’m new here. I’ll have $12k to put into a rehab deal in a couple of months. I just wanted to know whether hard money lenders would do a deal with a first time investor through an LLC even though i have a...
Dan Trinh
Do I need a judgement to hire a Debt Collection agency
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 ...
Marc Ramsay
To sue or send to collections?
I have a cleint who had me arrange some advertising for him for a RE seminar he put on, then refused to pay the bill. I am being chased by the advertising company because I mistakenly put the contract in my company...
Jose Barquin
Foreclosure details and question from a noobie
I am in Pinellas/Pasco (Florida) looking at these counties and surrounding area to make foreclosure purchases (my first).I am curious as what additional expenses I would owe once I win a property in auction. When desc...
Shepard Solomon
Charging evicted tenants for property damages
Hello,
I just wanted to know the proper laws in Kansas City, Missouri to charge tenants for property damages after eviction. As we know as investors the security deposit does not cover all damages. What is the best w...
John Langford
Requirements for filing a judgment
I am a relatively new landlord and I’m trying to figure out the requirements if we needed to file a judgement against a tenant for excessive damages to our property. Do we need to know the tenant’s social security num...
Luke H.
Tenant Leaves, Breaks Lease| Take back property
Hello all,A tenant didn't pay rent, stopped answering all contact, and we are in month 5 of the 12 month lease. I went to place the 3 day pay rent/vacate letter on the door and I could see through the windows that th...
Brad Gibson
Avoiding Significant Damages to Rental Units
I'm a pretty experienced landlord that has been at this for 6 years. Just acquired my 29th and 30th doors, but of late I've been having trouble with BIG bills to turn units when tenants move out. I usually charge 1x...