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 Recent Articles | Rhys Woodfield 23-11-2011 12:04 PM
This article is looking at another crucial part of The Google System that we use here at Tycoon Towers - Google Calender.
Calenders have been... Parmdeep Vadesha 26-09-2011 04:42 PM
How to manage your properties.
The difference between a good property investor and a great property investor is the systems they have in place to... Parmdeep Vadesha 21-09-2011 04:31 PM
Comparing Yields
The definition of a yield is the ratio of the annual generated income divided by the amount that you have invested. So as a... 1 Comments | | Would you like to join in?  |  Stats
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For non property related discussion please visit the relevant sections below. |  |  | 
31-08-2010, 09:35 AM
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| |  Debtor Tracing
Anybody successfully used an agency to track down a debtor? Particularly where they now work?
I have some ex tenants who have disappeared & I am looking to trace them. | | Connect With Facebook to
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31-08-2010, 09:47 AM
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Try phoning a couple of local law firms in the area where the debtors were last known and ask them for the contact details of who they use to trace a debtor.
__________________
Anything's possible if you've got enough nerve. - J. K. Rowling
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31-08-2010, 10:24 AM
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Try Landlord Action: Home. I heard Paul Shamplina speak at a networking event, really knew his stuff and seemed genuine enough. | |
31-08-2010, 03:16 PM
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Hi Jon hows tricks.
Find attachment for a company from Northallerton Prime Investigations. I used them 3 months back to look for a missing tenant who abandond one of my props and left me with all their crap. They work on a no trace, no fee basis, charge £29 + VAT for a successful trace. At the time after a couple of weeks I found the missing tenant myself through my contacts, and they did not charge me. I have written the name of the person i was in contact with through this company on the attachement Denise McCullum, give her my regards if you contact them.
Regards, Jack | | The Following User Says Thank You to Jack Stiff For This Useful Post: | | |
31-08-2010, 03:25 PM
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Jon, just realised Paul Shamplina was on the itv show Nightmare Tenants. See link to watch Video - ITV Player). | |
31-08-2010, 07:11 PM
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Cheers everyone, I will let you know how I get on. | |
31-08-2010, 10:22 PM
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I used a debt collection and tracing firm who's name I should probably not mention, begins in R and ends in S, and they were dreadfull. I ended up chasing them more than the tenants which was the last thing I needed. I paid them an up front fee of £400 + VAT for unlimited traces and immediately gave them three tenants to chase, two of which I had addresses for. They actually came back to me on the one they didn't know the whereabouts of and asked for more money to carry out a more advanced search!!!!! Needless to say I refused.
Their all-round advice and service was shoddy to say the least and they were wholly ineffectual and unprofessional. One of my bigger mistakes and a total waste of money.
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If you can fill the unforgiving minute
With sixty seconds worth of distance run,
Yours is the Earth and everything that's in it.
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01-09-2010, 02:16 AM
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Jack,
Many thanks for the attachment. It's one of the activities I intend to take up to chase past bad debt. If you read another thread "what's stopping you getting to the next level", it was only four months ago that I got the MI together to quantify the bad debt - that's how much improvement can be done to an existing operating company that's been too much neglected. Operations manual by Nov2010, debt chasing by delegation to a written procedure by Jan 2011. We have around £15K of bad debt never followed up in the last 30 months.
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Just because you are not paranoid, it doesn't mean they are not all out to get you 
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01-09-2010, 09:48 AM
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Quick update, whilst waiting for a return call from the co. Jack gave details of, I did a quick search on facebook using an e mail address I had for one of the tenants, found her, basic info showed me the town they have moved to. I then follwed link to her husband & found company he is now working for - which is really the info I was after so I can chase AOE order  | |
01-09-2010, 10:51 AM
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That is priceless John and just shows what one can achieve by staying focused and determined.
I had a similar situation many years ago when tenants of mine completely trashed my house costing approx £20k damage and then did a moonlight flit in the middle of the night. That was 14 years ago so you can imagine how high the bill really was back then.
A chance phone call to the electric utility supplier to inform them of change over of account name and I was having such a friendly chat with the person on the phone about life in general that they gave me my tenants new forwarding address without realising it. I felt like I had won the lottery that day!
__________________
Anything's possible if you've got enough nerve. - J. K. Rowling
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02-09-2010, 01:17 PM
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Hi Jon,
Hope all goes well keep us informed as to how it goes.
Regards, Jack | | | Thread Tools | | | | Display Modes |  Linear Mode | 
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