Comments on: Seven Vital Tips to Help Collect Tenant Debt - Part Seven of Seven

By: AAOA - American Apartment Owners Association » Avoid This Tenant Debt Collection Nightmare

Thu, 31 Jul 2008 20:04:33 +0000

[…] before your tenant moves in. That’s Bill’s mantra. He explains in his series Seven Vital Tips to Drastically Improve Your Tenant Debt Recovery, that the information you get up front will help you the most if the tenant defaults. Much of […]

By: Forum by American Apartment Owners Association » Are You Being Ripped Off By Your Collection Agency?

Mon, 02 Jun 2008 22:12:03 +0000

[…] collection begins when your prospect walks through the door. Click here to read our series Seven Vital Tips To Help Maximize Your Debt […]

By: Anonymous

Anonymous — Wed, 19 Mar 2008 15:33:41 +0000

[…] Read Bill Gray’s feature blogs, Seven Vital Tips to Help Collect Tenant Debt. […]

By: TENANT BACKGROUND CHECKS: What’s in a Name?

TENANT BACKGROUND CHECKS: What’s in a Name? — Wed, 20 Feb 2008 03:05:29 +0000

[…] Tenant debt collection begins before your prospect moves in. Learn more from our series Seven Vital Tips to Help You Collect Tenant Debt. […]

By: REAL ESTATE INVESTMENT SECRETS: Part Ten of Twelve

REAL ESTATE INVESTMENT SECRETS: Part Ten of Twelve — Tue, 12 Feb 2008 20:03:55 +0000

[…] Debt collection begins when you interview the prospective tenant. See our series Seven Vital Tips to Maximize Your Tenant Debt Recovery. […]

By: Two Secrets to Help You Save Money on Tenant Debt Collection

Two Secrets to Help You Save Money on Tenant Debt Collection — Mon, 04 Feb 2008 21:47:13 +0000

[…] For more on debt collection, read our series feature blogs, Seven Vital Tips to Help Collect Tenant Debt. […]

By: OLD TENANT DEBT: Are you leaving money in your file drawer?

OLD TENANT DEBT: Are you leaving money in your file drawer? — Tue, 22 Jan 2008 17:04:22 +0000

[…] “A lot of landlords just give up when the tenant skips and they can’t find a new address — they think that if they didn’t collect the unpaid rent right away, it’s a lost cause.” “But that’s not the case. Old tenant debt can be an untapped source of cash.” Even if the tenant didn’t have the ability to pay when he skipped on the rent, it might be worth pursuing him now that some time has gone by. He may have reestablished himself - he might have a new job, a bank account, and assets he doesn’t want to lose. “Often, delinquent tenants think they’ve beat the wrap after a year or so goes by,” Bill explains. “They’re surprised to learn the problem hasn’t just gone away. You can use that to your advantage to collect the old debt.” The exact amount of time you have to collect a debt depends on the law of the state where the rental property is. “You might be surprised to learn the statute of limitations for debt in your state — it may be longer than you realize,” Bill explains. ”Many states have landlord-friendly rules for collecting unpaid rent - some give you as long as ten years to collect.” It’s easy to find out if your old debt is still collectible. “It doesn’t take much time, just ten minutes or so to copy your file and send it out.” Find out how far back you can collect in your state by emailing AAOA at collections@joinaaoa.org Please type “collections” in the subject line. Read Bill Gray’s feature blogs, Seven Vital Tips to Help Collect Tenant Debt. Check back next week to find out how you may collect your own debt and save a bundle on collection fees. American Apartment Owners Association offers discounts on products and services related to your commercial housing investment, including tenant debt collection, tenant background checks, insurance and financing. Find out more at www.joinaaoa.org. To subscribe to our blog, click here. […]