Hello,

I was wondering if anyone out there would be willing to share their "flow chart" for lien sales. By "flow chart" I mean a document that I can input the sale units down the side and then there would be columns along the top for: Late Notice sent, Pre Lien Sent, attempted phone call, etc, etc... That way I could initial and date each action for each unit and at a glance I can verify all appropriate steps have been taken. I work at a storage facility in CA if that matters.

Thanks in advance to anyone out there willing to share.

James

That would be too easy to do in Excel -- if I had all the categories you wanted I could build one in abut 10 min.

Let me know if you need help, or just send me your list of categories and I will do it for you.

__________________
Wayne
All American Self Storage
Palmdale, CA.
webmaster@all-americanselfstorage.com

I would also be interested in seeing that final product.

Let me know if you come up with something.

Still waiting for James to contact me.

__________________
Wayne
All American Self Storage
Palmdale, CA.
webmaster@all-americanselfstorage.com

Here's what we have been using...been a year since looking at this document...I would love to here some ways to make this better for all.Lien Sale Tenant Checklist-Gut Check 3-19-07.pdf

Thanks Fairborn, that is a nice list to go by. I also would like to see a final check list that Wayne comes up with if James gets back to him.

Blue Diamond
Paula

Great to see the responses, and a suggestion that you have your local counsel review your checklist to make sure it complies with your State's Lien Statute. There can be subtle differences with regard to timing, and if you built into the checklist the safeguard of a timeline, it may be helpful. This is also a good time, when managing lien sales, to see the value in all guest payments due on the same day of the month, it makes this process easier. I know that there are two sides of the due date debate (I personally want to make it easier for the guest), but this is one of the compelling reasons for a uniform date, it makes managing this process much easier.

__________________
RK Kliebenstein
Leader,
Coast-To-Coast Storage
P: 561.963.4004x81
U: www.askrk.com or www.HowToInvestInSelfStorage.com
E: rk@askrk.com

Hi, I looked at your check list and didn't notice any phone calls. I personally, feel it is important to document any conversation or attempts to contact a person either by phone or email, if possible. Plus, you can get a better feel for the person and their intentions. I also try to contact emergency or alternate contacts and document those. My Flow chart includes the names of all persons listed on the lease and weather or not they were reachable, date and time. This way you are less likely to have to auction the unit because usually an other contact can reach them or has knowledge of the renters where abouts.