All Forum Posts by: Daniel Velez

Hi @William L., we will not be. Our next meeting will be January 25th. 

Chris McKenna of McKenna Electric and Jim Thornton from Ultimate Electric. DM if you're interested and want their numbers. 

Just a reminder we have our meeting coming up this Thursday to discuss how insurance can help with Tenant turnover. Looking forward to seeing everyone there!

https://www.centraljerseyrei.org/

@Jon Holdman - Thanks, What's the difference between landlord insurance and regular homeowners? 

He was charging between $300-500 to go into houses within a certain area (i.e 5 houses within a 20 minute radius). So he wasn't offering a free service by any means. 

My parents are in the process of going through their first eviction process in NJ. The tenant has not answered any calls, visits to the apartment, and is ignoring certified mail. The sheriff is scheduled to remove her and her unapproved guests from the apartment next week, however as we believe the tenant has no where to go, they are concerned she may break a window to get back in or retaliate by breaking windows and causing more damage to the apartment. 

Has anyone ever temporarily boarded their windows to prevent the tenant from intruding after being removed? 

I'm not sure what type of insurance policy they have, but would insurance policy's cover damage after the tenant has been removed since it would be trespassing?

I'm not sure. I've seen him at a few previous  meetings, this was my first chance to talk to him. I obtained his business card and couldn't find anything on his business. I'll ask a few other members at the next meeting to see if  they've worked with him in the past, and what reviews they have. 

Looking forward to seeing you there! 

Great, thanks everyone. He was definitely referring to sheriff auction sales, and not REOs. 

Met a guy at a networking event last night who has supposedly has access and permission to enter foreclosed homes before auction. He said he has a key from all the banks that would let his team enter the homes so investors can walk around and do an inspection before bidding. I was wondering if anyone has heard of this and whether is a legal practice in NJ.