The Motley Fool Discussion Boards
Retirement Discussions / Retire Early Liberal Edition
|Subject: Re: intercst a Homeowner||Date: 10/16/2012 2:04 AM|
|Author: SeattlePioneer||Number: 45845 of 70995|
<<In our situation, we have several rental units. One owner of some of the units (14 units) has defaulted, and we have him under foreclosure. So far, he owes over $80K. However, due to the Board's frugality, we have been able to weather this.
What means do you have available to collect on this, and where are you in collecting on the debt?
Can you cut off utilities to these units? Are they occupied?
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|