EVICTIONS & COLLECTIONS
w/Andrew Heyman
On the sixth day of each month, a report is run to see how many Pay or Quit notices have to be handed out this month. Pay or Quit Notices are those that warn the tenant that they must either pay their rent or move-out of the premises. This month there s only three. Down from January when there were six! This included the three from this month and three more that probably over-spent on Christmas.
While there are always the usual suspects that will come up with the money, occasionally you have to evict a tenant for non-payment. While this may be unpleasant, you ll want to get rid of these tenants before word gets around that you re a pushover Landlord that let tenants stay and not pay.
So, let us say, they move and you walk into a roach infested property with a lot of damage. Some Landlords walk away and consider this as cost of doing business.
We did too until we found a good attorney who thinks that tenants should be held accountable to the damage they cause and PAY FOR IT!
Join us on May 17th and hear Andrew Heyman speak about how his firm can collect from these delinquent tenants by tracking them down and garnishing their wages. Sooner or later, these tenants will surface whether it is by getting a job or wanting to buy a car. Then, it is just a matter of making them pay.
This is one meeting you don't want to miss.
The Landlord subgroup meets at Crosley's Sports Café, 4901 Vine St. in St. Bernard.
The presentation begins at 7:00 but plan on getting there at 6:30 to order food, network with other Landlords and make valuable new connections.
All are welcome.
Email Mary at mlbrickler@oriproperties.net to be placed on the notification list.
Questions should be addressed to Mary at 513-242- 9900 (office) or 513-557-8632 (cell) or by email.
HOPE TO SEE YOU THERE!