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“Money Talks, But Mine Keeps Saying Good-Bye”
How To Increase Your Collections
Presented by
~ Brian Cox ~
Managing Attorne...
Deposits: - The Bigger, the Better!
No Moolah? - Alternatives:
• Promissory Note
• Personal Guaranty
Manage Responsible Ex...
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Money Talks

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Money Talks

  1. 1. “Money Talks, But Mine Keeps Saying Good-Bye” How To Increase Your Collections Presented by ~ Brian Cox ~ Managing Attorney Cox & Associates, LLC 142 West 8 Avenueth Eugene, Oregon 97401 F (541) 683-7151 Fax (541) 485-7742 J bcox@coxassociates.info Check Background & References: - A Gold Mine, Disguised as a Rental Application • Past Tenancies • Financial References • Employers • Personal References • Local Courts • Contact/Personal Information
  2. 2. Deposits: - The Bigger, the Better! No Moolah? - Alternatives: • Promissory Note • Personal Guaranty Manage Responsible Expectations: - Clearly communicate expectations - Give Notices - Apply Policies Consistently - Don’t allow any greater default than you’re prepared to give away. Cultivate & Maintain a Disciplined & Positive Relationship: - Tenants are our friends - they pay for our properties ( - Social Pressure - friends are less likely to ‘stiff’ friends - Be Understanding [when it makes sense to do so] When All Else Fails: Let Slip The Dogs of War ~ Wm. Shakespeare Put Out the Pups of Past-Due ~ Brian Cox • Personal Investigation - Personal Acquaintances - Title Companies / Deeds & Records - Telephone Books - Other Lenders - Computers & the Internet - Bankruptcy Court - Commercial Data Bases - Jail - Postal Service - Public Libraries - Courthouses - City/County/State Licenses - Corporation Division - DMV - Occupation Regulatory Agencies - Secretary of State [Financing Statements] • Demand Letters - Fair Credit Reporting Act Notice • Small Claims • Collection Agencies • Skip Traces / Private Investigators • Attorneys

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