All Forum Posts by: David Edelstein

I guess depends on the state your in. Where I am it doesn't necessarily pay to be a strict Hard A--, if it truly is a workable situation. Once its in legal, most likely you can forget about collecting any cash from them and if they decide to appeal which they can easily do, it gets dragged out for months and can turn into a real nightmare.

I own 5 multi-family properties in Scranton, looking for other local investors / landlords to network with. 

My personal process: If the tenant gets with me before rent is late, has good communication and I have a good feeling about it. I will try to work with them for a max of 1-month. If they don't get with me I follow the lease to a tee. I never waive the late fee's and post a notice to quit regardless of their story.