All Forum Posts by: Julie Verardi

 Well the guy I bought it from was a flipper and he bought it at a foreclosure before I bought it from him. But I'm still in the clear right?

What percentage of your homes value are taxes based on?

Would this be a case your company would do?

@Jessica Zolotorofe

@Jessica Zolotorofe  yes I paid 420! It was an empty gut renovated 2 unit multi family that I bought from  a flipper. When it was assessed no one was living in it. Now it looks a little more homely with people in it. The tenants put carpet down in the basement and some green tarp on the asphalt backyard which really has spruced it up a bit but that's it as far as improvements. What does a clean sale mean again?

Hi, 

I have a property in Jersey City Heights that I have owned and have been renting out for almost a year. I was thinking of hiring a tax attorney to see if I could get my taxes down, they seem a little high. Does anyone have any recommendations? Or any guidance from someone who went through the process. What do most lawyers charge? Has it been helpful?

Thanks so much!

Hi, I'm in the NYC area and have rental properties in Jersey City. About 3 months out of the year we can have snow fall. I was wondering how do most people handle snow removal with their tenants. I didn't put it on my lease. I have a good relationship with my tenant. I was thinking of offering $25 off a month that he has to do snow removal or should it be every time he removes the snow? Or do I pay nothing at all and tell them its their responsibility?

Would love to hear how people handle this with their tenants. 

Thanks so much @Colleen F. I'm going to see if I can find a write up for it for NJ

I have two new to the work force room mates who are looking to move into my apartment for rent. Since they both have limited credit history and work experience I'm getting guarantors for both. 

I'm going to do background checks on both room mates and on there guarantors. How does it work though if one of them stops paying? Is each person responsible for half the rent or either one if responsible for the total? If I had to go after one of the guarantors for the rent is that person responsible for half the rent or the entire rent? I'm just thinking ahead of time how it would work if I had a problem with one of them or one of them wanted to leave. How would that fall onto the other person? And is each guarantor responsible for just their child and there half of the rent of the entire rent is the responsibility of both room mates/guarentours and whoever they want to split it and send it to me in one check is up to them. I hope this makes sense. I'm a little confused on the issue myself. 

I have a 2 Bedroom condo in Downtown Jersey City. I would love to get a sense of what people think I could rent this for. I have a number in mind but thought I would put it out to other investors/ real estate agents. 

2 Bdr - Washer/Dryer in Unit - 2 BLOCKS from Hamilton Park!!!

Details:

Bedrooms - 2 (true 2 bedroom)

Bathroom - 1

Price -

Available - Nov 1 

Size- 750 SQFT

Path train - 10min walk from Pavonia & Grove stops

Park- 2 blocks from hamilton park, Cross street is Erie and 6 

1 year lease

Security deposit - A month and a half rent

Description:

This apartment is HUGE with all up-to-date modern appliances. A true two bedroom with great closet space. The bathroom is very large and has a window and plenty of storage space. All located inside a beautiful brick historic building. Never have to pay or travel far to clean your clothes - there is a washer and dryer in the unit. The living room is a huge space to entertain guests with stunning exposed brick. This apartment is definitely a head turner.

Located 2 minutes from Hamilton Park, 5 minutes from Newport mall, and 10 minutes from the PATH train. 6 minute train ride to NYC. In the best neighborhood in Jersey City 07302.

Features:

Washer & Dryer in unit (with additional larger machines in building)

Exposed brick

Control your own heat

Comes with AC units

No dogs.

Dishwasher

Hard wood floors throughout

Utilities include - cold water

Everything is new and up to date

Wooden blinds on windows

Safe neighborhood with tons of restaurants and shops

Recessed lighting throughout

Unit is located towards back of the building so no street noise over looking an urban jungle

Thanks @David Alvarado

Hi, I currently have two properties in Jersey City that are cash flowing nicely. I have some plans for moving forward and was looking to talk to a professional financial advisor to get some opinions. Does anyone have any recommendations of a really good one who isn't necessarily trying to sell me on anything and just give some good advice? I would really appreciate the contact.

Thanks!

I want to switch over to collecting rent electronically. 

Do landlords use Venmo? I looked into quick books but it costs money to have it and I only have two properties. There has to be a better way in this day in age to electronically get the money for free. I have my other set of tenants doing direct deposit but my other set claims they can't do it from Chase to Santander. 

What methods do people use to get paid electronically? That doesn't cost anything to do so?