All Forum Posts by: Hanna Minkin

I have all COs. Thats's why I am so confused. 

I am in NJ. We received CO but inspector gave me a violation due to 3 year inspection. So now I received court appearance. Is it a normal practice and what to expect? Did anyone have experience with this issue? Do I need a lawyer? How much will it cost me?? 

I have all records of phone calls and follow-ups.

Thank you!! Appreciated your opinions!! I will leave it as is for now and will be patient to pay off those mortgages! It does makes more financial sense!!

Is there way to get loan from my IRA to pay off 2 mortgages? I wanted to use my IRA to pay off mortgages if its allowed. I have 20 years b4 retirement but not looking to work that long.

Hi, I own MF in NJ and rents were severely undermarket. I renovated the whole building and increased rents to market value. Tenants complained to the township about high rent increase and dont want to leave even though I gave them 2 months. Is there anything else to do except for applying for eviction?

Ro Maga, Yes I have the same problem. They are doing investigation and telling me it's commercial and not residential. I am trying to explain it's residential. Thinking of changing PSEG for someone else.

Is PSEG the only company or could I change to different company?

Thank you for reply. It's a residential MF. I was told by PSEG that as I am the owner, the common area is business and they charge me at business rate. 

Hi, I bought a building where I have common area and basement. Is common area considered Residential or business? PSEG charge me gas and electricity as business. Any input appreciated.

It's a new building and I am working on new leases. Thank you for all comments. I am new to Real Estate and still learning.