I agreed to let a tenant out of his lease. In exchange, we agreed I would keep his deposit. He then missed his last 2 payments, but promised to pay when he starting getting paid from his new job. I didn't bother going down the eviction route since it was so close to him moving out.

At this point is it worthwhile trying to report him for nonpayment? Or should I just chalk it up to a learning experience and do a better job screening next time?

His last two payments meaning 2 months? You should have had a better exit strategy. Once he knew you were keeping his deposit, there was no incentive for him to make payments or leave the house in good condition. I would report it.

"I am sympathetic to you breaking the lease, but it depends on how and when you leave."

Yeah we agreed he'd move out 2/1. He missed Dec and Jan payments. I knew at the time that once I had his deposit there was really no other leverage I had. Can't change the past now. Just trying to decide how much I want to "go after him."

If you are willing to write it off, there is no harm in turning it over to a collection agency to collect. You ding his credit so hopefully he doesn't do it again and you hold a hope ticket of recovering some.

Sea Speed said:

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If you were his next landlord, wouldn't you want to know about this?

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Absolutely. Is it as simple as filling in some info on Experian's website?

Quote:

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Is it as simple as filling in some info on Experian's website?

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Wondering the same. How do you report it?