100% FREE RENTAL TENANT BEHAVIOR SEARCH ENGINE  Search It

Navigation Menu
Log In / Sign Up

100% Compliant with Fair Housing, Fair Credit, & Privacy Laws - Use with confidence!

TenantReputations.com is a rental tenant reputation search engine

Forum > General Landlord Topics > Rent Collection- Back Rent owed?

Started By: LiveWell Real Estate - 3 years ago
Last updated: 2 years ago


Is it worth pursuing back rent owed?  Or should I cut my losses and move on?





Replies
Reply from Mediated Properties - 3 years ago

It would depend on the amount owed and the cost to pursue/collect. I wouldn't personally pursue anything under $500 as it would cost me that to chase them. Now if the unpaid balance was related to property damage or negligence, I would be more inclined to return the hassle through the court systems. Again, it kind of depends on the situation and amount.+


Direct Replies:
By: LiveWell Real Estate
3 years ago

I decided to pursue legal action.  If nothing else, they will have to file bankrupcy.  

By: Dave Morris
3 years ago

Good luck, you are just throwing good money after bad.  I have a stack of judgements that I wasted time and money on because I had a 'great' collection company.  They never got me a dime.


Log In To Reply