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All Forum Posts by: Michael J Robinson

Michael J Robinson has started 6 posts and replied 18 times.

Post: Non paying tenant

Michael J RobinsonPosted
  • Rental Property Investor
  • Paterson, NJ
  • Posts 18
  • Votes 6

I have a tenant that doesnt pay rent,and i have been trying to evict for over a year.

lawyer says its the courts being backed up the reason why its taking so long.

is there another way to evict a non paying month to month tenant that i enherit as a new owner?

Post: New multifamily home owner

Michael J RobinsonPosted
  • Rental Property Investor
  • Paterson, NJ
  • Posts 18
  • Votes 6

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $320,000
Cash invested: $11,000

Good bones and structure

What made you interested in investing in this type of deal?

Didnt have much to chose from with the 300k we was approved for

How did you find this deal and how did you negotiate it?

Realtor

How did you finance this deal?

Fha

How did you add value to the deal?

Cant do nothing until the tenants are gone

Lessons learned? Challenges?

Never buy a property with inherited tenants

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Yes

Post: First home purchase has been a nightmare

Michael J RobinsonPosted
  • Rental Property Investor
  • Paterson, NJ
  • Posts 18
  • Votes 6

I purchased first home/2 family last october with holdover tenants already in property.

they dont pay rent and its been almoste a year in 2 months and im still trying to get out second floor tenant so me and my family can move in. The court process is actually at us waiting for lockout date from courts so says the lawyer.

i understand the courts was backed up due to covid but is it this backed up or should the blame be on my lawyer for working on his own pace.

minde you i been paying mortgage,and rent where i stay out of pocket without making any money from my property for 10 months sofar.

is it my lawyers fault or am i overthinking?

Post: Real estate liscence

Michael J RobinsonPosted
  • Rental Property Investor
  • Paterson, NJ
  • Posts 18
  • Votes 6

@Alice Huang thank you

Post: Real estate liscence

Michael J RobinsonPosted
  • Rental Property Investor
  • Paterson, NJ
  • Posts 18
  • Votes 6

@Kobe Xin thanks

Post: Real estate liscence

Michael J RobinsonPosted
  • Rental Property Investor
  • Paterson, NJ
  • Posts 18
  • Votes 6

@Rose White i was released in 2014 with 6 months parole.

Post: Real estate liscence

Michael J RobinsonPosted
  • Rental Property Investor
  • Paterson, NJ
  • Posts 18
  • Votes 6

@Rob Massopus thanks

Post: Hello,my name is michael and im new to realestate

Michael J RobinsonPosted
  • Rental Property Investor
  • Paterson, NJ
  • Posts 18
  • Votes 6

@Yosef Leeno no broker,i just want my liscence to benefit me as a investor

Post: Hello,my name is michael and im new to realestate

Michael J RobinsonPosted
  • Rental Property Investor
  • Paterson, NJ
  • Posts 18
  • Votes 6

@Yosef Lee how you doing,i to is doing alot of research and studying,im in process of beginning a real estate class for my liscence

Post: Hello,my name is michael and im new to realestate

Michael J RobinsonPosted
  • Rental Property Investor
  • Paterson, NJ
  • Posts 18
  • Votes 6

@Romeo Kaado how are you im currently planning on attending a real estate class for my liscence,but due to my criminal past im scared to lose my money because the real estate commission is not giving me a sraight answer.

My history only consist of drugs distribution,no sex charges,no violence, no theft,no robberies,nore fraud.

Will that disqualify me from getting my liscence because i cant really afford to lose 400$