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Tax, SDIRAs & Cost Segregation

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Voula Dikeakos
  • New York, NY
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Recovering 20K in back rent

Voula Dikeakos
  • New York, NY
Posted Jun 2 2022, 09:27

Hi all,

After 21/2 years, I finally have a court date next week  to evict my non-paying tenant.This tenant has been on disability (questionable back injury)  for 5 years with no evidence of covid hardship. Since he hasn’t paid rent for the last 21/2 years, I have witnessed him with at least 4 new motorcycles. Can  anyone recommend a collection agency? Would that be the best way to recover my losses? Thanks!

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Wesley Sherow
  • Rental Property Investor
  • Upstate, NY
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Wesley Sherow
  • Rental Property Investor
  • Upstate, NY
Replied Aug 15 2022, 09:09

Hey Voula, I was scrolling old posts that didn't have answers and I found yours. I hope you were able to get some money back from these issues with the resident. If not however I wanted to chime in. I've used in the past Hunter Warfield for my collections. It's a bit of a "set it and forget it" because let's be honest, if they're not paying rent for that long of a time, they probably aren't going to bother once they're in collections. With that said, you may be able to go for ERAP (if somehow they can qualify) or at least LRAP which is the post-eviction/move out equivalent.