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 Seven Vital Tips To Help You Collect Your Tenant Debt – Part Six 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 chances for debt recovery on the back end. TIP NUMBER SIX Background Check Co-Signers. One way to rent to someone with questionable credit or rental history is to require a co-signer. But avoid the common mistake of accepting a co-signer without checking their credit and rental history. It is crucial to collection to have the co-signer complete a rental application and sign an iron-clad agreement. In fact, it is extremely important for every adult moving into the apartment to complete an application and sign the lease. This gives you far more leverage and ability to collect any future debts. Miss the other tips in our series? Click here for TIP ONE Click here for TIP TWO Click here for TIP THREE Click here for TIP FOUR Click here for TIP FIVE Come back soon for Tip #7 - 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 Friday, November 30th, 2007 at 10:42 am 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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[...] For tips on how your tenant background check can affect your chances for recovery of unpaid rent, check out our series on the blog “Seven Vital Tips to Help You Collect Your Tenant Debt”. [...]
[...] For tips on how your tenant background check can affect your chances for recovery of unpaid rent, check out our series on the blog “Seven Vital Tips to Help You Collect Your Tenant Debt”. [...]
[...] For tips on how your tenant background check can affect your chances for recovery of unpaid rent, check out our series on the blog “Seven Vital Tips to Help You Collect Your Tenant Debt”. [...]
[...] For tips on how your tenant background check can affect your chances for recovery of unpaid rent, check out our series on the blog “Seven Vital Tips to Help You Collect Your Tenant Debt”. [...]
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