The IRS has power to collect from you. I had a judge tell me good luck collecting. I have about $10,000 in judgements and can't collect. Look at it this way, the only thing a judge can do is legally get them out.
I know a man who has over $1.5 million in judgements from tenants.
Next time do a credit and criminal check before you rent. Require pay stubs as proof of income. You will get smarter or you won't last as a landlord.
I can go to my court house and use their computers to access public records. Put in a person's name and find out how many times they have been in court and what for.
I can go to Indiana's home page and do an offender search. It will tell me how many times they have been in the big house and what they were in there for.
Both county and state records are free.
As a landlord, you can sign up with credit services and it will cost you to do a credit check and background check. I get signed papers from tenants before I do this check.
If you know what you are doing, you can get an emergency hearing in a week or so and 14 days later get rid of the tenants, not a month and half.
Next time get a month's rent and a month's rent for deposit. Don't rent to anyone who asks you if you can work with them. NO DOGS OR CATS!
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Today's Featured Article - An Old-Time Tractor Demonstration - by Kim Pratt. Sam was born in rural Kansas in 1926. His dad was a hard-working farmer and the children worked hard everyday to help ends meet. In the rural area he grew up in, the highlight of the week was Saturday when many people took a break from their work to go to town. It was on one such Saturday in the early 1940's when Sam was 16 years old that he ended up in Dennison, Kansas to watch a demonstration of a new tractor being put on by a local dealer. It was an Allis-Chalmers tractor dealership,
... [Read Article]
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