Lawyers and REI give the advice to use LLC's to protect properties. And to have separate LLC's (or separate series in series LLC) for each property or at least small groups of properties. I myself have followed this...
How do you file a judgement against a tenant for damages beyond the security deposit? My contractor quoted me about $6000 in repairs. Security deposit is $1,200 so about $4,800 in damages. Thanks in advance!
I have a couple of wiped out seconds that I am exploring the possibility of getting a judgement on. Does anyone have any experience with a good collections Law Firm that they can recommend? I understand that there is...
I had a tenant that I evicted for being arrested with meth in a stolen vehicle on my property (and also for not paying his rent but I couldn't evict him for that...thank you Minnesota Covid protection laws!!). And bef...
I have a tenant who says that he is moving out at the end of this month. He did not pay rent for this month and does not plan on paying. It is not worth it for me to take him to court for the rent since I would not ...
This is in Missouri. One of my tenants stopped paying rent in October. He then called me in mid-November and said he had moved back home with his parents, and he would no longer need to rent the unit. His lease run...
I am having to evict a tenant for the first time, and wanted to get some perspective / opinions. Tenant had an ongoing trend of late payments, etc., which I let slide for the first few months. October check bounced,...
Hi everyone, so selling a quad in Louisiana and set to close on Jan 4th, however, I have 3 tenants that have been behind and despite months of asking my manager to process evictions if they did not catch up, I now hav...
The Info:Seller of a note, I'm considering on purchasing, foreclosed on the borrower back on 12/25/2014 and holds a 100k deficiency lien judgment on them. The borrower, same individual, wants to stay in the home and ...
I had a tenant that the lease was signed March 1st 2018 to 2019. last time he paid rent was in August. Come September been calling him in first week. Then he calls that plans to leave because relocation of his job....