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Old 11-10-2017, 01:12 PM
 
Location: Phoenix, AZ
6,341 posts, read 4,905,591 times
Reputation: 17999

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Quote:
Originally Posted by LordSquidworth View Post

I can't really say I've seen that here in the states, nor do I ever see it discussed. I know they exist. Why aren't they more common?
They are very common. They are called judgments. Smart landlords sue tenants and get judgments. The judgment stays on the tenant's credit report for the life of the judgment which could be ten to twenty years in most states. Judgments will do damage to people even if the landlord never collects.


Smart landlords will run background and/or credit checks and find the judgment as well as any other credit problems a prospective tenant might have.


There are also landlord data bases that a landlord can subscribe to that will bring up tenants even without a lawsuit.


Quote:
I've had tenants totally destroy a place before. There's really nothing you can do about it. Cant get blood from a dead horse. They just move on and go elsewhere.

I had a lot of that when I had my rentals. I always sue. Generally got default judgments. Never got any money but had the satisfaction of knowing that, someday, the deadbeat would want something important and not be able to get it with a judgment on the record.


Quote:
why don't we better protect ourselves from the filth?

My solution, after 20 years of it, was to sell my rentals and never look back.
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Old 11-11-2017, 08:21 PM
 
Location: Phoenix, AZ area
3,365 posts, read 5,239,267 times
Reputation: 4205
Quote:
Originally Posted by adjusterjack View Post
They are very common. They are called judgments. Smart landlords sue tenants and get judgments. The judgment stays on the tenant's credit report for the life of the judgment which could be ten to twenty years in most states. Judgments will do damage to people even if the landlord never collects.


Smart landlords will run background and/or credit checks and find the judgment as well as any other credit problems a prospective tenant might have.


There are also landlord data bases that a landlord can subscribe to that will bring up tenants even without a lawsuit.





I had a lot of that when I had my rentals. I always sue. Generally got default judgments. Never got any money but had the satisfaction of knowing that, someday, the deadbeat would want something important and not be able to get it with a judgment on the record.





My solution, after 20 years of it, was to sell my rentals and never look back.
Judgments are the blacklist so sue everyone who owes you money. It costs me about $120 to file and serve a tenant to get a judgment and I wish all LLs would do it. I do it for far lower dollar amounts than most but I also have the free time to go to court for it. If more LLs would sue I probably wouldn't be dealing with my current eviction who had decent credit, 680s, and no evictions/collections/judgments but they are the worst people I've ever had to deal with. Once this eviction is over I'll have a hefty judgment and a good story to post at least...
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Old 11-15-2017, 11:49 AM
 
Location: Raleigh
13,713 posts, read 12,435,560 times
Reputation: 20227
Quote:
Originally Posted by Kim in FL View Post
Breaking your lease, if done correctly, won't hinder your ability to rent in the future.

OP: How did your sister 'break her lease'? Did she communicate with her landlord and they both came to an agreement that was put in writing or did she just up and leave giving him the finger on her way out?
It was a different country. Different contract and real estate law, different court system, etc...
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Old 11-18-2017, 10:41 PM
 
Location: Charlotte, NC
4,761 posts, read 7,836,203 times
Reputation: 5328
Being limited in the responses a landlord can legally give to certain questions is why there is no blacklist. I do know of people who get a copy of the docket for small claims court when they go to do an eviction. It's pretty much a ready-made list of people who will be looking for a place that you don't want to rent to.
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