Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on .

User Stats

43
Posts
8
Votes
Matt D.
  • Flipper/Rehabber
  • La Jolla, CA
8
Votes |
43
Posts

Collection Agencies to Use for Tenant Balances Owed

Matt D.
  • Flipper/Rehabber
  • La Jolla, CA
Posted

I’m looking for assistance or any ideas on how to deal with tenant default, breach and move out balances owed. Obviously tenants that break leases, leave property in shambles, etc and create damages above and beyond the amount of security deposit will owe a balance. Some of these balances can be significant and some are maybe a couple hundred dollars.

I do not have the time to chase down these tenants through small claims courts etc and thought maybe there is a method that could be recommended. I think if there’s an amount appearing as a negative on their credit bureau that eventually you might see some money. However finding a reputable collection agency to deal with this has always been a problem. They seem to just disappear and borderline unethical.

Does anyone have a method they use to facilitate the collections of these balances?