Eric Zheng
Renter moved before eviction order
My tenant did not pay rents for several months. So I filed eviction case. But they just moved before the eviction order to arrive. I guess I will go to the sheriff office the next step. I am wondering someone have sim...
Marco Bario
Investing in Unsecured Debt
Currently, US residential homeowner equity is high, and foreclosure numbers are low. At the same time, there's a rise in unsecured consumer debt such as debt consolidation loans, credit cards, and retail accounts. I'm...
Larry Bowers
Personal guarantees; worth the paper they are printed on?
If I have a borrower sign a personal guarantee on a loan that is unsecured by property, let's say $300K, and he doesn't pay after a while, of course I can't foreclose. There is no security. But as for the personal gua...
Mark Buchheim
Debtor filed a lien / loan on his property to himself (fraud?)
This is a weird and possibly illegal activity. I won a $50,000 judgment against someone. His only asset is his house. He has a first and second mortgage and he knew that I was going to put a judgment lien against h...
Dave Bopp
Thoughts on Perspective Tenant?
Hey All! Was hoping to get some feedback on a perspective tenant. I am in the process of screening someone who is relocating to the area from out of state for a management position with a local company. His income (wh...
Tom Bukacek
Suing for deficiencies
If you live in a state where the bank can sue for deficiencies, what is the actual likelihood of a unemployed, broke homeowner going through a short sale being sued for deficiency?
I hear there are more lawsuits than...
James Park
Tenant overflowed water from the toliet which caused water damage to the dry : How to handle this situation.
Last Friday, my tenant calls me to tell me that it is difficult to afford the $2175/month rent. She is on a two year contract. In order to not have my property empty while looking for a new tenant, I agreed to let her...
Jason Ngo
Tenants broke lease and left $4500 in damages. What do I do now?
My tenants broke their lease 1 month early, damaged my property and exceeded the deposit, and left me with a $260 water bill. Now they blocked my number and don’t have a mail forwarding address. I text them the follow...
Kervin P.
Tenant screening during pandemic
I have a vacant unit and I'm hesitate on getting it occupied during the eviction moratorium. Anyone doing anything different with screening? It's unfortunate some individuals take advantage of the system.
Stanley Drew
Abuse of covid regulations
Dialysis Dr seems to be abusing the covid regulations. I would have dealt with him sooner, but had a partner prior to covid. He has used his security deposit and hasn't paid rent for January. His rent is always late o...