All Forum Posts by: Mark F.

Quote from @Bruce Woodruff:

Quote from @Joshuam R.:

 Unfollow or ignore is a powerful tool.

How do you do that? I've looked for this feature on at least once person after they post and can't find it. I'm always browsing on mobile.

I have emailed multiple times but can you PLEASE make it easy to find the New Jersey forum page? Not the Newark, NJ page. Not the Jersey City, NJ page. The New Jersey page. Linked below. I cannot find it via the website on my phone (no app) other than a Google search. That forum used to be popping with new threads every week. Now it's dead, with a forum post asking why it's so dead! Please please please fix!!!!!

https://www.biggerpockets.com/forums/572/

There was a guy on here who invests in strictly D properties or even motel rooms. His photo was him in a wife beater and he'd ask the most obscure questions like

"what do you do when your tenant propositions you to pay rent in oral sex versus paying in all pre-1975 quarters?"

Or something like that. Anyone remember him? Haven't seen him post in a while. Juat based off his questions he'd pose to get a rise out of people I'd prob pass on D properties.

Quote from @Shawn Mcenteer:

I appreciate the kind words @Mark F you must attend next rei meet up so I can buy you a drink 🍻

I definitely need to attend. Do you post the details on your IG page?

Quote from @Jennifer Weiss:

Thanks @Shawn Mcenteer, I would love to work with you. I am going to set up a time to meet on your calendly.

This is my market as well. Shawn is spot on as he's experienced and will keep it short. You need to have your ducks in a row; financing, educated realtor, proper offer with favorable terms to the seller like Shawn said. Also stop going after properties in the busiest season. I'm looking now and it's just dumb what people will pay. I picked up two properties in the winter time with much less competition. I've never worked or talked to Shawn but see his posts and follow him, he knows the deal here. You can do well in NJ but its a higher bar to enter the game.

Also I just want to mention. BP is great tons of good info, but a lot of it doesn't apply to Northern NJ. Our market is nuts, has high rents, multiple offers, HORRBILE wholesalers. So just understand a lot of the traditional advice on BP doesn't work for us. Good luck, there's a NJ sub form that has good info but it's so hard to find. BP refuses to fix the issue.

You're not only listing on FF, right? I'd list on Airbnb and Zillow as well since they're free. Plus Zollow publishes on Hotpads and another website that escapes me at the moment.

I'm also of the mindset that at that size apartment building, I'd try one unit at a time for MTR. You may find a sweet spot with managing time wise or slowly build up your systems and knowledge about what works and what doesn't. Good luck!

I don't lease my own properties for this reason. I have a leasing agent who is an investor as well who's well versed in NJ discrimination laws. He informed me he would present all qualified tenants to me, involving S8, and I could pick the most qualified one. Sorry you have to go through this. Investing in NJ is a different beast.

#3 is insane. Anyone who agrees to that is out of their mind. If that's normal, f that. I would never want to be held to sell the property under a specific agent without choice. You do realize you pay for reno on the property, not the PM? Like others said though, they are free to put it in just like you're free to not accept their services.

Do you see the person I quoted? My response was in reference to him. At no point in your post did you reference wanting a direct line to the CO. And actually my comment is helpful as I give you a better option than that guys "just call the CO" response.

Furthermore, you should be responding to the people asking for more details if you want help. Your question is too vague.

Quote from @Eliott Elias:

Quote from @John Underwood:

Why do you need this? Why would you treat someone in the military differently?

Run the background check using their Drivers license as I.D. 

Now if you are offering a military discount (a good thing) then they would need to prove they are in the military if they want the discount.

I show my retired military I.D. all the time for discounts.

 To hold the soldier accountable if they miss rent or violate the lease. They are less likely to do so if the commander has direct communication with the landlord. 

 It's really annoying people on these forums assuming they'll have a direct line of communication to their CO. There's something called a chain of command and it can be more useful at times other than trying to get ahold of the CO, depending on the size of the base. If you try and reach the #1 officer at a base the size of Ft Hood or NAS Mayport, good luck.

The better option is to just treat them like a normal tenant and get the information on their place of employment. Not difficult as youll most likely be aware of the local installations. If they do f uck up, just start making calls to find out who they directly report to. Most squads want to handle issues at the lowest level.