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 Seven Vital Tips To Help You Collect Your Tenant Debt – Part Four of our Seven Part Series by Bill Gray, Fidelity Information Corporation
Your debt recovery may depend on what you do before the tenant moves in!Get the right information from your prospect before they move in, and you will always increase your debt recovery on the back end. TIP NUMBER FOUR Check Their Driver’s License. Make a photocopy of the prospects’ driver’s license and Social Security card. It is not uncommon for a bad ex-tenant to avoid a bad reference by claiming identity theft and saying he or she “never lived there”. Copies of these documents will be crucial in identifying the debtor and collecting your money. Miss the other tips in our series? Click here for TIP ONE Click here for TIP TWO Click here for TIP THREE Come back soon for Tip #5 - we will be adding a new tip every week. If you would like to be notified of new tips, please subscribe to our blog by clicking the box in the upper right side of the site. In need of debt collection? Call 303–938-8280 or send an email to collection@joinaaoa.org. Write the word “COLLECTION” in the subject line. Premium and Premium Plus members receive discounts on debt collection. Sign up now, or upgrade your membership to enjoy the savings. Premium Plus members receive a copy of Real Estate Investment Secrets, twelve interviews with industry leaders, including “How to Collect Debts When Your Tenant Leaves Owing You Money” by Jeff Cronrod, CEO of Fidelity Information Corporation. To find out how to purchase Real Estate Investment Secrets,visit www.joinaaoa.org.   Posted on Monday, November 5th, 2007 at 2:21 pm and is filed under AAOA Forum, Collections. You can follow any responses to this entry through the RSS 2.0 feed.
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[...] Did you know that your chances of collecting tenant debt may depend on what information you collect before the tenant ever moves in. Read our series,Seven Vital Tips to Help Collect Tenant Debt featuring collection expert Bill Gray of Fidelity Information Corporation. [...]