Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Christene Martin

Christene Martin has started 4 posts and replied 38 times.

Post: No Show Tenant

Christene MartinPosted
  • Lender
  • Jersey City, NJ
  • Posts 39
  • Votes 12
Quote from @Nathan Gesner:
Quote from @Christene Martin:

I hope your attorney gives you sound advice.

My process?

1. I would have terminated her for failing to pay January rent. A contract is a contract and I don't let the Tenant renegotiate it after it's signed. Your first step should have been to apply the February rent payment towards January. That would leave her short for February and subject to termination.

2. She is now late on March rent. Start the termination process immediately.

It's nice if she responds in writing (email or text is fine) but you shouldn't need it. 

If it were me, I would give a notice of immediate termination. Start marketing the rental. Once the new tenant takes over, apply the deposit towards any unpaid rent or other legal charges, send the original tenant a refund of the remainder, and move on.

I also recommend you strengthen your lease. Mine says that if a tenant fails to pay rent or take possession of the rental by the lease start date, then I have the right to terminate.


 Thanks for the input, especially the information on lease clause regarding taking possession on the start date

Post: No Show Tenant

Christene MartinPosted
  • Lender
  • Jersey City, NJ
  • Posts 39
  • Votes 12

Thanks Bruce, Theresa, Greg... I appreciate the insights

Post: No Show Tenant

Christene MartinPosted
  • Lender
  • Jersey City, NJ
  • Posts 39
  • Votes 12

Hi, I am in the middle of an odd scenario. 

I have a condo in Guttenberg, NJ... investment property. 

A new tenant signed a lease in early January for a January 19th move in. They were supposed to submit prorated January rent, full February rent, and security deposit, per the lease they signed. They only submitted Feb rent and security deposit. Jan 19th came and went, they didn't pick up the keys, didn't submit the rest of the funds that were due. We spoke on the phone and she claimed, 'she didn't know what she was signing.' so we agreed it was okay to pick up with Feb 1, I didn't love this, but fine, you beat me for January.

February first came and went, same thing. She didn't pick up the keys. She is generally unresponsive, but when we did speak again, she said she planned to move in Feb 28th. We are now in March, she still has not picked up the keys, the place is vacant, the utilities were put in someone else's name (not on the lease). And of course, March rent has yet to be paid. 

On one hand I think I dodged a bullet with this person not moving in, bc it sounds like it would be a year of complete chaos. For that I am grateful. On the other hand, I feel I can't relist the place since there is a signed lease.... I think I need this person "signoff" on voiding this lease. (yes, I have spoken to my attorney about this approach) 

In the meantime, I am interested in chatting with anyone who has run into to anything similar. Thanks for your time. 

Post: Union county, PA seeking real estate attorney

Christene MartinPosted
  • Lender
  • Jersey City, NJ
  • Posts 39
  • Votes 12

Hello, I am in search of real estate attorney in or near Lewisburg, PA... I am unfortunately involved in a complicated situation with a borrower there. If you know of a real estate attorney in that area, please let me know. Thank you!

Post: Union county, PA investors

Christene MartinPosted
  • Lender
  • Jersey City, NJ
  • Posts 39
  • Votes 12

Hello, 

I am looking to connect with real estate investors in the Union County (Lewisburg) Pennsylvania area.... Has anyone worked with people they think highly of in that area? Thank you. 
 

Post: House Hacking in NJ

Christene MartinPosted
  • Lender
  • Jersey City, NJ
  • Posts 39
  • Votes 12

Hi Christopher, I am familiar with the NJ areas you mention. I've been living JC for 15+ years and have some investment properties in Guttenberg. I'd be happy to connect and chat about the area and financing options. 

Post: New to real estate investing - seeking advice and mentorship

Christene MartinPosted
  • Lender
  • Jersey City, NJ
  • Posts 39
  • Votes 12

Hi Jonathan, I'm located near Hoboken, in JC and would be happy to connect, chat, and kick some ideas around. I have experience in a few different areas, including private lending, brrr, and own a few investment properties in our area.  

Post: Making an offer on a house hack

Christene MartinPosted
  • Lender
  • Jersey City, NJ
  • Posts 39
  • Votes 12

Hi Morenike, how did it work out?

Post: Thinking of jumping gun on first property with House Hack

Christene MartinPosted
  • Lender
  • Jersey City, NJ
  • Posts 39
  • Votes 12

Hi Harsh, I have been in the Hoboken/JC area for 15 years and have investment properties in Guttenberg. Happy to chat about some of the pros and cons of these areas, if you like.