All Forum Posts by: Nicholas Jose

Good evening, BP.

Last night, my 1st-floor tenant has complained to me that the basement door leading to the garage is being left slightly open. I figured it's the 2nd-floor tenant leaving this door open, so as to not single him out or directly confront him, I sent out the below text message to the tenant group chat:

"Good evening, everyone. This is just a quick reminder: for everyone's safety, please close all doors - front, back, and garage - when you enter and exit the apartment. The screen doors, however, can be left unlocked. Thank you, and enjoy the rest of your night!"

Today, my 1st-floor tenant sent me a picture of the garage door left slightly open. I brought this issue up to my real estate agent and she said that the 1st-floor tenant is just a whiner. How can this situation be dealt with?

I tried to be accommodating to him. He said that I sent him an email that had his son's name. (It must've been the email from the company that ran the background check, which would mean that this email asked for his son's financial information.) I was just as confused as he was and asked him to forward me the email to know what was going on. Alas, he got all defensive about it.

But quill pens and wax seals take time to prepare. I'd prefer sending him smoke signals since they both seem to be filled with hot air.

Thanks for the great info, everyone. I'm really learning a lot on how to deal with this situation.

The applicant "proved" his income to me by sending me a screenshot of his banking statement that included his direct deposit from his work. He also sent me a picture of his auto loan being paid off, as well as a picture of his driver's license. Now he wants a refund for his application fee despite the fact that the application explicitly states that the fee is non-refundable.

I think I should just ignore him. I haven't rejected him in writing yet, so I guess I'll just leave it at that and move on.

 I could say that I found another tenant (even though that's not true)? Would the applicant try and get more information from me? ("Who's this tenant? What's his name? Why did he get accepted and not me?!") I'm not looking forward to the endless phone calls and constant bombardment of text messages.

Good morning, BP.

I am in the process of writing a rejection letter for an applicant here in NJ who is unwilling to disclose his financial history. I ran a background check before on another applicant and she submitted all the necessary information at the drop of a hat, I'm just not sure why this one seems to be so hesitant and suspicious. He really insists that I take him at his word, that he pays everything on time.

So how do I write a rejection letter that states that the applicant was rejected due to him not disclosing his financial information? And no, even if he does reveal his financial statements, credit history, credit score, and credit report, he feels like a headache to deal with.

Good morning, BP.

Title says it all. I just ran a BG check for the first time on an applicant and a record popped up under the Lien Information category. Is this something I should be concerned about?

Good morning, BP.

I am interested in forming an SLLC here in NJ; however, last time I checked, it appears NJ does not recognize such entities. I'm not even sure if NJ recognizes out-of-state SLLC's, but either way, I'd like to hear from attorneys in the Garden State who helped real estate investors achieve the maximum amount of asset protection.

So what do you do if you're planning on purchasing your 11th investment property after you've maxed out the # of conventional loans you're allowed to have? Do you start using private lenders? 

Is this allowed in NJ? I still have a lot to learn, but based on @Nicky Faucett's explanation of the NJ Anti-Eviction Act, Code N.J.S.A. 2A:18-61.1(j), must all NJ landlords follow this mandate? Is there some sort of wiggle-room for landlords to impose their own rules when dealing with late rent?

Based on the Truth in Renting document, "A tenant disputing a landlord's right to a key can simply refuse to provide the landlord with one." If a tenant refuses a landlord's right to a key, the landlord does not have his Right of Entry. So before the applicant even signs the lease, I would need his/her consent to have a copy of his/her key to the unit; and if i don't have that consent, can I deny that tenant the unit and pick another applicant who's more compliant?