How do I collect unpaid rent in California?

Answer: You can start by using the tenant’s security deposit (if any) to cover the unpaid rent. If the deposit doesn’t cover the two month’s rent, you can sue your former tenant in small claims court (or a similar civil court) for the back rent.

Can I sell one house to pay off another?

If you sell one property and end up with a capital gain, you can use those funds to pay off a second mortgage on another property.

Should I sell my investment property to pay off debt?

Generally, selling property just to pay off the credit card debt would be a very costly. Selling a real estate asset comes with a lot of transaction costs; including realtor commissions, title fees, and other costs. Depending on the rest of your financial plan, this cost could be devastating or a minor inconvenience.

Can a landlord charge a move out fee?

If tenants agreed to the fee at the outset, they can’t contest it during move-out. But if they didn’t agree to any exit fees, then landlords have no right to charge a move-out fee after the fact.

What to do if a tenant moves out without paying rent?

If your tenant has moved out of your rental property without paying all the rent he owes, you’re likely frustrated and wondering what your options are. To recover the money you are owed and possibly additional money for damages and legal fees, you have several options available to you, including small claims court or a collection agency.

Can a landlord collect past due rent from a tenant?

As a landlord, if a tenant doesn’t voluntarily pay rent when he vacates, you may have legal recourse to collect through the court system or by hiring a collection agency. As a landlord, you have the right to receive all past-due rent money from a tenant who has vacated your property.

How to collect money owed from past tenants?

Total up the past-due rent and the rent due from when the tenant vacated to when your new tenant moved in, and then add the cost of repairing damages. This total is the amount your former tenant owes. Deduct the total amount from the former tenant’s security deposit.

If tenants agreed to the fee at the outset, they can’t contest it during move-out. But if they didn’t agree to any exit fees, then landlords have no right to charge a move-out fee after the fact.

Can You claim late fees when a tenant moves out?

You do not lose this right when the tenant moves out. In addition, you may have a right to claim late fees, interest and other penalties if these fees were defined within your original lease agreement.

If your tenant has moved out of your rental property without paying all the rent he owes, you’re likely frustrated and wondering what your options are. To recover the money you are owed and possibly additional money for damages and legal fees, you have several options available to you, including small claims court or a collection agency.

What’s the maximum late fee you can charge for rent?

The maximum late fee allowed by law varies based on your state and local late fee laws. Most states will cap late fees at what is considered a reasonable amount. For example: In Washington state, a late fee of $20 or 20% of the monthly rental amount (whichever is greater) is defined by law to be a reasonable late fee for rent.