How would you attempt to collect???
what would he repossess? it is a rental and they have been evicted.
so you have a judgement, he has called and is willing to pay $200 a month so what do you want. do you know how many people have judgements that never see a dime?
maybe he has something that you could hold until he pays you , like a tv, a gun, jewelry
so you have a judgement, he has called and is willing to pay $200 a month so what do you want. do you know how many people have judgements that never see a dime?
maybe he has something that you could hold until he pays you , like a tv, a gun, jewelry
he has a judgment, that's why he should garnish wages (to ensure he receives his money). Just take the money owed from the couple's employers. easier for everyone that way
ive been a landlord myself for 10 years and i also work for a large property management company as a maintenance supervisor. deadbeats are deadbeats. we just evict them..turn the unit get new tenant in. the court eviction will catch up to them and the will be screwed. if the court can garnish the wages then thats the way to go.
I am also in the middle of a similar situation... Wage garnishments are the way to go here! My problem is, the guy I took to court over 1800 doesn't have a job or a paid off vehicle in his name for me to repo...
that sucks.. sometimes you just gotta put those as a loss and turn it quick for the next tenant. dont be afraid to screen throughly... credit checks, pay stubs, background checks etc...more references the better.
Last edited by keith97xlt; Dec 11, 2009 at 06:51 PM.
Do you really think this guy is going to make good on his promise for $200 a month and the rest when he gets his tax refund? I sure don't!
Folks like this are losers for a reason -- they're losers!!!
Garnish his wages and move on -- if he loses his job over it, too bad, so sad. Hopefully he'll learn there are consequences when you screw people!
Folks like this are losers for a reason -- they're losers!!!
Garnish his wages and move on -- if he loses his job over it, too bad, so sad. Hopefully he'll learn there are consequences when you screw people!
ive been a landlord myself for 10 years and i also work for a large property management company as a maintenance supervisor. deadbeats are deadbeats. we just evict them..turn the unit get new tenant in. the court eviction will catch up to them and the will be screwed. if the court can garnish the wages then thats the way to go.
A buddy of mine owns 100's of rental units. His mantra is if they are still living in a unit, work any deals you can to keep some cash flowing, but once you've had them evicted regardless of the money owed, let the courts take over, no more personal deals. Get the unit back on the market producing positive cash flow.
I vote for wage garnishment -- however, knowing a few people that rent apartments, it can come back to haunt the apartment owner in different ways.
In this case, if the people have jobs, then do the wage garnishment.
If they don't, and they are "suspicious" people, I'd leave them alone and move on. You might not have apartments no more and possibly some dead tenants. Then you have bigger problems. Like what happened to one of them I know of. He left for a vacation for about 3 weeks, and a fella that he evicted was taken to court basically torched the place, 4 kids died, and 2 elderly people died. Was it worth going after $900 to cause all of this? No. Even better -- they had no proof that this guy did it, other than word of mouth, but no evidence. But he believes this guy did it.
In this case, if the people have jobs, then do the wage garnishment.
If they don't, and they are "suspicious" people, I'd leave them alone and move on. You might not have apartments no more and possibly some dead tenants. Then you have bigger problems. Like what happened to one of them I know of. He left for a vacation for about 3 weeks, and a fella that he evicted was taken to court basically torched the place, 4 kids died, and 2 elderly people died. Was it worth going after $900 to cause all of this? No. Even better -- they had no proof that this guy did it, other than word of mouth, but no evidence. But he believes this guy did it.






