BiggerPockets

Bill Gray's Articles

1. Tenant Moved Out - Left You Holding the Bag

   over 2 years ago

   Perhaps your tenant lied and took advantage of you. He may have skipped out on the lease or you may have evicted him. In either case, he damaged your rental and cost you money! What do you do no...

2. Tenant is Long Gone - But the Debt was Never Paid

   over 2 years ago

   So, you gave your old tenant the opportunity to do the right thing and pay his debt; he gave you the salute and moved along without paying you a penny. He or she has now been gone over thirty days....

3. Evicted Tenants - Will they ever pay you?

   over 2 years ago

   Are you certain your old tenant won’t pay his or her bill? Landlords tell me several times a week there is no way their previous tenant will ever pay what they owe. As I said in a previous post...

4. How do I Hire a Collection Agency to Collect my Tenant Debt?

   over 2 years ago

   Collecting tenant debt is much different than collecting other debts, such as credit card debt. A collection agency represents you and your business, and you could be taken to court should they vi...

5. Landlords Should Consider Settling Tenant Debt

   over 2 years ago

   After 12 years of reviewing tenant debt accounts, I can tell you with certainty that landlords who seriously consider settlement offers recover much more money than landlords who don't. ...

6. When a Tenant is Behind in Rent, When Should You Call it Quits?

   over 2 years ago

   Today I reviewed over eighty tenant debt accounts and noted that the average balance due is significantly higher than a year ago.

7. My Previous Tenants Were Roommates – Who Owes Me the Money?

   over 2 years ago

   The answer is that they each owe you the full amount, until the full amount is paid.

8. Proper Tenant Screening in a Tough Economy Minimizes Tenant Debt

   over 2 years ago

   Screening a prospective tenant is more important now than ever. With the current economic climate, more people have credit ratings that fall into a gray area compared to just a few years ago.

9. Six Objections Previous Tenants Give for Not Paying Their Previous Landlord

   over 2 years ago

   Here are the top 6 objections collection agencies hear from debtors as reasons they will not pay. Many objections can be prevented by simply being a better landlord. Recovered debt means more pro...

10. An Organized Landlord has Less Tenant Debt and More Profit

    over 2 years ago

    An organized landlord is a more profitable landlord. I have reviewed many thousands of tenant debtor files, and one thing is certain; by looking at a tenant file after the tenant moves out, I can ...