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All Forum Posts by: Joe P.

Joe P. has started 38 posts and replied 78 times.

Post: What happens to unsold NJ tax liens?

Joe P.Posted
  • Rental Property Investor
  • Mechanicsburg, PA
  • Posts 79
  • Votes 4

Thanks I'll give that a try.  I just can't imagine every single tax lien certificate sells at the auctions.  Here in PA the properties that usually end up on the repository list of unsold properties are small or odd shaped lots, steep hillsides, drainage/swampy areas etc.  There has to be lots like that in NJ that nobody wants. 

Post: What happens to unsold NJ tax liens?

Joe P.Posted
  • Rental Property Investor
  • Mechanicsburg, PA
  • Posts 79
  • Votes 4

What happens when a tax lien certificate for a New Jersey property is not sold at the tax sale?  Here in PA we have a list called the repository list where properties sit if they are not sold at any of the tax deed auctions.  Is there something similar in New Jersey?  How would I find a list of those properties?

Post: How to handle panel box access for multifamily

Joe P.Posted
  • Rental Property Investor
  • Mechanicsburg, PA
  • Posts 79
  • Votes 4

They've had a breaker trip once but it hasn't been frequent.  I'm definitely thinking it's not really an issue I want to spend any money on.  There aren't really any common areas so I'm not too worried about that.  There is a front porch with a light where both the mailboxes are located so that could be considered a common area but I'm not too worried about it.

Post: How to handle panel box access for multifamily

Joe P.Posted
  • Rental Property Investor
  • Mechanicsburg, PA
  • Posts 79
  • Votes 4

How would you handle tenants panel box access with the following scenario:  I have an up/down duplex with an apartment on the 1st floor and one on the 2nd floor.  I only have two electric meters so there are technically no common areas.  Panel boxes for both units are in the basement.  The basement is accessible via a stairwell from the 1st floor apartment or a cellar door from the outside.  Washer/dryer for 1st floor apartment is in the basement and it could also be used to store things.  

I am struggling with how to go about giving 2nd floor tenants access to their panel box.  Here are some options I have thought of but I'm also open to other suggestions:

1. Tell 2nd floor tenants they need to knock or get permission from 1st floor tenants if they need to access their panel.

2. Tell the 1st floor tenant that 2nd floor tenant has permission to access panel in basement via the cellar door if needed. They would not be able to access the apartment since the door at the top of the steps locks.  The downside with this is the 1st floor tenant may not feel comfortable storing anything down there if 2nd floor tenant can access it.  Also that would technically make the basement a common area but I only have 2 electric meters.

3. Not sure if this would be worth the cost or not but I also thought about installing some sort of partition such as a chain link fence so that the 1st floor tenant has access to most of the basement and their panel box and the 2nd floor tenant would have access via the cellar door to get to their panel box.  Then I can install a switch and light on that side so they are not using 1st floor tenants electric.

Any thoughts and/or other ideas would be greatly appreciated.

Post: Tenant wants a notice to quit to obtain emergency hearing

Joe P.Posted
  • Rental Property Investor
  • Mechanicsburg, PA
  • Posts 79
  • Votes 4

Thanks guys.  My gut instinct was to say no and after hearing the same thing that's what I'm sticking with.  Not gonna risk potential criminal penalties for a tenant no matter how small the risk.

Post: Tenant wants a notice to quit to obtain emergency hearing

Joe P.Posted
  • Rental Property Investor
  • Mechanicsburg, PA
  • Posts 79
  • Votes 4

My tenant was receiving workers compensation checks and I'm not sure of the exact situation but for some reason the checks stopped.  Since the courts are all backed up right now his attorney said that if he has a letter from me stating eviction will be filed by the 20th he can get an emergency court hearing.  He asked me if I could do this and I'm not sure what to do.  He did pay me for the month and there is an electronic record of that so it would technically be a lie.  Just wanted to see what other landlords would do in this situation.  

Post: Looking for 80% cash out lender

Joe P.Posted
  • Rental Property Investor
  • Mechanicsburg, PA
  • Posts 79
  • Votes 4

Looking to refinance my first BRRRR in Harrisburg, PA and trying to find a lender that will do 80% LTV on a cash out refinance. I know this is difficult to find especially in these times which is why I'm posting here to see if anyone has any advice on how to go about finding it.

Post: How to verify potential tenants workers compensation income

Joe P.Posted
  • Rental Property Investor
  • Mechanicsburg, PA
  • Posts 79
  • Votes 4

I have an application from a potential tenant who had surgery and is on workers compensation for the next 8 weeks.  He sent me copies of the last couple checks he has received but how would I verify that these will be continuing until he returns to work?  

Post: What would you do with this rental property back yard?

Joe P.Posted
  • Rental Property Investor
  • Mechanicsburg, PA
  • Posts 79
  • Votes 4

Thanks for the replys everyone.  I think I'm going to pull them all up and sell them.  Then plant grass and maybe some other plants.  I've got some square concrete stones I'm going to use for a walkway out back.

Post: What would you do with this rental property back yard?

Joe P.Posted
  • Rental Property Investor
  • Mechanicsburg, PA
  • Posts 79
  • Votes 4

Looking to see what other landlords would do with the back yard at this rental property.  Tenants will be responsible for yard maintenance.  The former owner's idea was to plant moss in between all the stones so they wouldn't have to mow but it ended up just turning into a weedy mess which I just cleaned up.  I'm open to any ideas but so far my thoughts are 1. keep the stones and just plant grass in between them.  2. keep the stones and find something else to plant between them that doesn't need mowed (no idea what though) 3. get rid of all the stones and plant grass.  Right now I'm leaning toward just planting grass between the stones.  Tenants will need to mow a strip out front regardless.  What are all your thoughts?