All Forum Posts by: Ivan Loza

@Joe Splitrock unfortunately the courts turned me down since I don’t know where he is residing now. But yes, I plan on calling him utilizing a different phone today to offer him a settlement. If he doesn’t stick to it, I found a large agency that can put this incident on his credit report

@Jorge Pimienta yeah I definitely learned a lesson as far as screening is concerned. And luckily the hit wasn’t hard enough to get me off my investment schedule. I decided I’m just going to let a debt collection agency handle it. The attack on his credit is good enough for me and hey if one day in the future I actually get a chunk of my money back then awesome

@Sue K. I just spoke to a pretty huge agency. They just need a copy of the contract and other sources of proof such as our text conversations. At least now I’ll now he won’t be able to purchase a home or car under his name until behind paying me back

@John Collins thankfully I didn’t struggle getting him out, only took a week after I decided it was time. But he does owe me money so I’m definitely coming after at least his credit

@David Clay yeah it is pretty irritating. Called a few courts today and apparently there’s nothing they can do because I don’t know exactly where he is residing. I’m end going to a debt collector agency so at least the debt shows up on his credit. Maybe one day he gets his **** together and decides he’s ready to make a big purchase then BAM where’s my money first?

@Matthew Olszak yes the agency I’m considering is a contingent based collection agency. And frankly I don’t care much what percentage they keep so long as the guy doesn’t get away with it. But yeah, I have a feeling that his inability to hold a job + long list of dependents = me not getting a buck.

@John Chapman that’s what I heard from a family friend who attempted to take his tenants to court. He got nothing out of it and lost more money. Would you also advise against using a debt collector service such as “Southwest Recovery”. They’re pretty huge, based in Dallas and don’t charge anything up front. (I just heard of them tonight)

@David Clay thanks for the insight. No I haven’t tried anything just yet. It’s been a week since I stoped hearing back from him. But wage and/or tax return garnishments sound ideal. I’m afraid of loosing even more money by contacting an attorney though. Is that the first step?

Anybody here have any success stories retrieving money owed from previous tenants? 

One of my ex tenants left the house a mess, owes me a couple months of rent and a fee for breaking the lease early. We set up a repayment plan, but as of last week he begun ghosting me. I get sent straight to voicemail.

I’m leaning towards using a commission based collection agency. That or a straight gangsta..

Any tips? A guideline to follow perhaps?

@George Clark sure thing, I’m sending you a DM