Rehab pending. 3rd flr occupied by problem tenant.

[Rashad Ellis]

Closed end of July Essex county New Jersey. Tenant has been there for 6+ years and is currently month to month. Her rent is $200-$300 under market and we have major renovations to do to her unit as well as the rest of the house. I just want her gone. I sensed her being a problem from when i was in contract. I intro'd and offered cash for keys two days after closing. She said she'd think about it. She expressed that she already was planning to leave but its not solidified when, bcz of a family court case blah blah... But she also doesnt want to renew her lease. She refused to pay me initially because she got no "legal documentation" of me being new owner other than a text from the seller. I provided her with a letter of attornmnet the next day. She paid rent a few days later. Today i follow up about the offer and she says she is not considering.. Im going to make a final more appealing offer. If she doesnt take it, whats my next move?? NJ eviction moratorium has been extended.

Oh yea i forgot she mentioned her mother lives around the corner but she doesnt want to "go backwards" smh🤦🏿‍♂️

[Bruce Woodruff]

Originally posted by @Matthew McCormick:

This is precisely why I am trying to being out of state investing. Our local area is extremely expensive for the property you get, and the laws are completely burdensome to the owners of their own properties. 

Good for you...best of luck!