T. Ladson W.
Business Developer | Relationship Manager | Risk Manager | Rent Default Insurance
How often are property managers using collection agencies to recover unpaid rent?
If not, what has been your preferred method for recovering unpaid rent?
Answers (3)
Stephen (Steve) S.
Realtor Cincinnati, Anderson, Milford, Eastgate, Batavia, Eastern Cincinnati, Loveland, Rehab, Investing Real Estate
The small investors: Probable way too few use these services
The small businesses and larger, probably the number grows as the business gets larger
Links:
Brijendra C.
Human Resources at Dodsal E & C Pte Ltd
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In Dubai , its by law so no worries
Cliff P.
San Francisco Real Estate | Marin Real Estate | International Real Estate | Luxury Homes | Real Estate Consultant | LION
Very rarely, if ever. This is primarily due to 1)a lack of property managers understanding how, and 2) the hassles vs. the reward. When we had our property management firm, we would simply go to small claims court and get a judgement, then attempt to pursue the tenants' wages. It probably cost about the same as using a collection agency, in the end.
