Eviction and Judgment Workshop
Rental property is far and away one of the wisest and most financially sound investments you can make. However, a poor understanding (or even worse, complete lack of understanding) of the process of getting a nonpaying tenant out of your property and recovering the money owed to you can turn your dream investment into a nightmare.
If you're going hold property long-term as a part of your overall financial strategy (and you should), a thorough understanding of the eviction process can remove most of the trepidation "amateur" landlords feel when the monthly rent check stops coming, ensure faster turnover of the property into the hands of a paying occupant, and ensure that you recover money owed to you for unpaid rent and damages to the property. Further, taking proactive steps to thoroughly prescreen applicants so that you are putting the right people into your properties can make ever single aspect of property managment work like a well-oiled machine.
Tom Latimer has been a landlord for well over 30 years, and has seen every "trick in the book" nonpaying tenants can use to "put lipstick on the pig"; the "Pig" being their application, and their past history of disregard for the property of others, as well as potential pitfalls that can hinder your ability to slide through eviction court like a hot knife through butter!
Michael Mitchem is a full-time Real Estate Investor, with years of property managment experience as well. Michael and Tom will cover vital aspects of successful property management, ranging from:
- How to choose the best tenants for your property.
- How to handle things when the rent checks stop rolling in to prevent an eviction.
- How to file an eviction, including step-by-step how to fill out the forms.
- What to say in eviction court (and, even more importantly, what NOT to say), so that you win your case on the first hearing, every time.
- And much more!
Then, current Metrolina REIA President Lou Gimbutis will cover, in depth, how to collect every penny owed to you from your tenant once you've obtained a judgment and moved on.
Lou will show you exactly how the common practice of not getting or not enforcing a judgment is costing you thousands and thousands of dollars. He will walk you through the process of enforcing your judgment, from locating assets, where to find the State-Approved forms, and the "path of least resistance" to follow in ensuring you get paid.