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All Forum Posts by: Duncan Sanchez

Duncan Sanchez has started 1 posts and replied 7 times.

Originally posted by @Rob B.:

Don't mean to sound like an echo in a room, but as others above have noted, could take it to small claims court -- and there are great resources already mentioned above as for reporting those non-payments. Moving forward might be worth considering a prop software that also gives you the ability to report their positive on-time payments, or late payments to the major credit bureaus; just another positive reinforcement/added incentive to get them to make those payments on time while on an active lease with you).

can you recommend a software service to report on time or late payments to the credit bureaus? in this case, that would not have mattered because he broke the lease and moved out, but for future tenants seems like a good idea to consider...

Originally posted by @Kyle J.:

@Duncan Sanchez If your main goal is to get it reported on his credit report, you can go through a service like Rent Recovery Service or AOA Debt Reporting Service. These types of services are inexpensive, don’t require a judgment, report to all three credit bureaus, and you’ll be warning other landlords about problem tenants like this one (at least the landlords who bother to run credit checks). Not much down side to doing it. 

 thank you

Originally posted by @Mary M.:

@Duncan Sanchez good luck- I know in my state all i can hope to recoup is one month-maybe two - sounds like yours is different.  Have you rented the space out again? Hope you find the resolution that works for you 

he just moved out after i posted a 3 day notice to pay rent or quit.  unfortunately, he only seems to respond to legal threats so the collection agency route is probably the best solution.  He isnt trustworthy, so the amicable solution route is out the door.  My lawyers says i can sue for breach of contract, but for guys like this the collection agency is the most cost and time effective route rather than a judgement..

Originally posted by @Mary M.:

Btw tenants break leases all the time. Usually the state your rental is in will have laws around what a tenant is liable for in these instances. So check your local laws. For instance where I am a tenant can break the lease and realistically only be liable for a months rent since i, as the landlord, must mitigate the damages by getting the unit rented out as soon as possible. 

IMO it is better to just use the deposit to cover the rent and move on. (Of course sending the appropriate deposit reconcilation, etc)

He owes me several thousand dollars to tens of thousands and and i want to pursue the collection agency route.  I have thought about letting it go, and normally would, but not with this ex tenant.  I think he depends on landlords "letting it go" so he can try and sucker another landlord down the road.  I want to prevent that.

Originally posted by @Brian LeBow:

Take them to small claims or contact  We give tenants an option to opt in to credit reporting within our payment solution.  Most tenants that are trying to improve their credit score will opt in at the time they set up auto payments.  

Rent Recovery Solutions, is great as well.  

thank you.

again i am not looking to move on..its potentially $20,000 and i want this to show up on his credit...

if you have a collection agency i would appreciate it...my lawyers says this is the easiest route and not small claims court....

I have a tenant (now ex-tenant) who didnt pay rent and broke his lease. My lawyers suggest i contact a collection agency.

does anyone have a collection agency they can recommend? my main goal is to have it show up on his credit as i know we probably wont get much in collections....

or does anyone have recommendations of how i can report the credit agencies about his non-payment and breaking the lease..

thanks