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All Forum Posts by: Salah Siraj

Salah Siraj has started 5 posts and replied 25 times.

Post: Putting a Business Together AFTER that Great Deal...

Salah SirajPosted
  • Investor
  • Roseland, NJ
  • Posts 27
  • Votes 5

@Rachel Dunham I highly recommend you listen to podcast 109 which discuss setting up various LLCs and trusts for holding investment properties as well as how to structure them for asset protection. 

Also, be sure to download the "Top 10 Ways To Protect Your Assets.docx" which is in the show notes here: biggerpockets.com/show109.    
Hope that helps.

Hi @Moises Mari sure, send me PM and I will send you his contact info.  I attempted to post it but got an error that posting contact info is prohibited.

Thanks @Harsh Patel.  I actually found a highly recommend real estate attorney located in Newark.  

Post: Just bought a 18 unit for $12,581.36 in Ohio

Salah SirajPosted
  • Investor
  • Roseland, NJ
  • Posts 27
  • Votes 5
Originally posted by @Mylon Jones:

Hello everyone. I am looking for an investor who would be interested in am 8 unit apartment with a duplex, 8 car garages, 3 horse stall stable and a huge barn. It sits on about 3 acres of land. location New Jersey.

Thanks,

Mylon

 Where in Jersey?  I'm interested so PM me.

Post: 3-Unit triplex Orange NJ

Salah SirajPosted
  • Investor
  • Roseland, NJ
  • Posts 27
  • Votes 5

Sure - [email protected]

Thx

Post: 3-Unit triplex Orange NJ

Salah SirajPosted
  • Investor
  • Roseland, NJ
  • Posts 27
  • Votes 5

@Gerla Sterling Is this property still available?  If yes, would like to setup a walk-through.

Thanks 

Hi Neil Patel yes, North Jersey has sheriff auctions held on a weekly bases for all of the counties. The list is available online and you can do your due diligence before the auction date. You can get the foreclosure listings for most counties here https://salesweb.civilview.com PM me if you want more info. Will be glad to give you any info you need.

Can anyone recommend an attorney or a firm that specializes in landlord and tenant practice in North Jersey?  I recently purchased a triplex from a sheriffs auction which is owner occupied with two tenants. I need to find an attorney who would handle the eviction of the previous owner and possibly the tenants if they do not have a long term lease.

As always, thank you BP members! I am learning the ropes of REI thanks to the BP forms and members posts.

Post: Owner Occupied Eviction

Salah SirajPosted
  • Investor
  • Roseland, NJ
  • Posts 27
  • Votes 5

@Tim Pagano brings up an excellent question but I have no idea what the current owner's rights are, if any.  The redemption period has already expired for the previous owners to contest the foreclosure sale. My plan at this point is to wait until I get the deed next week and go the property to speak to the owners and existing tenants. If owners don't cooperate, then I will file Writ of Possession which will give the owners 20 days to vacate the premises. Then my dilemma will be finding out if the tenants have an existing lease, how much rent they pay and their payment history.

Post: Owner Occupied Eviction

Salah SirajPosted
  • Investor
  • Roseland, NJ
  • Posts 27
  • Votes 5

Thanks @Judy Parker I am in the process of evaluating attorneys who specialize in landlord/tenant law in Essex County.  If you or anyone on BP has an attorney or firm they recommend, I would be happy to consider them.

I will update my post on how my efforts are going.