All Forum Posts by: Ian Loew

Real Estate License

George is great and reasonable. Good Luck! George J Anderson Professional Land Surveyor 973 837 .8159

Need recommendations on fabricators of exterior metal stairs for 2nd and 3rd floor egress. Property is located in North Jersey. Architectural plans are done too.

I am extremely empathetic and have dealt with a similar scenario. I learned the hard way and for budgetary reasons decided not to use a lawyer until it was too late. Find a lawyer who specializes in evictions in your area ASAP!

Anyway you can consider casting a wider net? All 3 options are weak. 

We usually like to get anywhere from 5-6 qualified candidates. 

They must have:

• credit score of 650 or higher
• clear background check
• 1 - 2 strong references (past landlords or employers)

At one of our 2 family homes we do except Section 8 tenants. Overall very happy with the program. If they loose their job we still get paid for a large portion of the rent. However your unit must be inspected yearly in the state of New Jersey. Just something to consider.

For screening tenants we found Cozy.co to be great. Applicants have to pay a nominal fee for their credit and background checks.

Hi Jen, Welcome! My wife and I live and invest in Montclair. Feel free to contact me if you would like to meet up to chat over coffee. Ian

@Roy N. Thanks for the feedback. Currently have 3 properties, totaling 5 units. Future goal is to acquire more properties. For convenience I would like a master key setup. Do you use a locksmith or manage the changing of locks? Do you stick with a particular brand of deadbolts and locks? Thanks.

Currently use the Kwikset Smartkey System for a property but thinking I should spring for a locksmith and master key after watching this video. https://www.youtube.com/watch?v=sR-h64WwfW8

Thoughts?

Thank you Judy and Otis. Had my realtor run comps and she was able find a few matches. Unfortunately they are less then what we were hoping for considering the purchase price + the amount of money we put into the place. 

Appreciate the feedback BP! The house is in South Orange. Quickly review current sales via Zillow for Millburn, Maplewood, Livingston and Montclair and nada. Going to reach out to friend who is a realtor to see if she can pull some past sales within a 12 month period. Any other suggestions / thoughts?