All Forum Posts by: Margharita Silva

went to the city once i was back and registered

Hi all,

What is the best payment method for you to receive your rent payments other than Zelle/Venmo etc ? I don't want to use Zelle/Venmo in the future. 

There is Story by Chase but i believe it is only for multi family? How is your experience with it, if you use it?

Thank you all for great advice. I saw the apartment in May and everything seemed fine but it was before we agreed on renewing the lease (this month)  I will schedule an inspection before we finalise everything.

Hi everyone, 

I own a condo in NJ. Landlord for 3 years. I have been renting it to a tenant since last year and he wants to renew his lease for another year. He is a good tenant, paying always on time. I never had any complaints about him from the building management or any neighbors. He is always good with emails & texts and replies promptly and respectfully. I agree to renew his lease but i want to inspect the apartment to just make sure everything is ok. However, I don't know how to do this without giving him the impression that I might be suspecting of him of not treating the place right. I just want to be aware of the current state of the apartment. There isn't anything that needs fixing in the apartment as to my knowledge so how best is it to communicate or ask for an inspection? 

hi, i am using a site called My Rental for screening and i cannot see the eviction history on an applicant even though it was on the report (along with credit and criminal) now it doesn't show. I am wondering if its b/c of NY state? Any thoughts?

Thanks Stephanie, I was just reading about this loan with a friends' recommendation. I am not knowledgeable about the kinds of loans out there and just beginning research/education. What are the pros and cons of this loan (pro being that it is obtainable in my situation) ? Just wondering anything i should be aware of? Thank you!

sorry for the mistakes everyone, i meant to say i have no *debt and *variable income.

hi, I have a situation where i own a condo which i bought in cash and have a tenant in it who pays on time.  I am a renter myself in another state. I want to buy another property - even possibly in the same condo building, have 10-20% down payment saved up, have excellent credit 802 - and payment history, have no carrying dept. However, I have very little and invariable income as a freelancer. 

Is there any type of loan i could get? I am planning on moving to the condo i bought while i make the second purchase an investment property and collect the rent to pay for the mortgage. Alternatively, can i use the condo i own and the rent i am currently collecting as a "guarantor" to the loan? 

hi, I have a situation where i own a condo which i bought in cash and have a tenant in it who pays on time.  I am a renter myself in another state. I want to buy another property - even possibly in the same condo building, have 10-20% down payment saved up, have excellent credit 802 - and payment history, have no carrying dept. However, I have very little and invariable income as a freelancer. 

Is there any type of loan i could get? I am planning on moving to the condo i bought while i make the second purchase an investment property and collect the rent to pay for the mortgage. Alternatively, can i use the condo i own and the rent i am currently collecting as a "guarantor" to the loan? 

@Amanda Thompson If they are "professional tenants" they will be familiar with the loopholes of the justice and court system more than you are. They have been there, done that. Their attorney is also likely someone taking an x amount from their scams. So if i were you, I would handle them very carefully, maybe with an attorney as everyone else is suggesting.