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All Forum Posts by: Mike Moreken

Mike Moreken has started 6 posts and replied 66 times.

Post: Finding renters in November

Mike MorekenPosted
  • Investor
  • Trenton, NJ
  • Posts 67
  • Votes 19

Well here it is early Jan 2015.  Will deal with a new chimney liner etc Tuesday ka ching $K.  Got hit with a $250 vacancy fee I have to pay soon. :( a new higher fee...

Trenton City want 3 certificates (Roof, Chimney, Heat).  Just wrote up my failure of inspection is early Dec on a steno pad.  No form!?  Chimney is last cert.  Seeing the light at the end of the tunnel.

Post: Just Went to NJ Tax Lien Sale.. Not Worth It?

Mike MorekenPosted
  • Investor
  • Trenton, NJ
  • Posts 67
  • Votes 19

Tax Lien..............Winning Premium Bid          Amount Delinquent?
$2,818.55............$14,600                                $15,000?
$14,224.22...........$28,110                               $22,000?
$5,382.15............$15,200                                 etc.
$3,221.28............$17,200                                  etc.

You should know the delinquent amount prior to sale to figure out what they are doing on the lien amounts > $1,500.

My goal is to get a tenant in my first rental property by ~Nov 15, 2014.

Post: posting on forum with Firefox

Mike MorekenPosted
  • Investor
  • Trenton, NJ
  • Posts 67
  • Votes 19

Went to post this in the Nov. renters forum question. However the post button did not work?

"Hello Everyone, My name is Mike I am in the process of finishing a rehab on a property that I will be renting out. It is my first rental property and was curious if anyone had some ideas to finding a renter in November. "

I am still rehabing my first Trenton, NJ property. Very lucky I have a possible tenant couple anxious to move in ASAP. Toured the property with the couples grand mother.

Met with lawyer today for a lease, they loved my draft with new ideas. Like "No water beds or aquariums." yikes have carpeting todo, held up by painting. Also have to register with city as landlord, plus get property inspected as well, not ready as we are still playing with outlets. Luckily I think we are 80% of the way there!

Post: Finding renters in November

Mike MorekenPosted
  • Investor
  • Trenton, NJ
  • Posts 67
  • Votes 19

"Hello Everyone, My name is Mike I am in the process of finishing a rehab on a property that I will be renting out. It is my first rental property and was curious if anyone had some ideas to finding a renter in November. "

I am still rehabing my first Trenton, NJ property.  Very lucky I have a possible tenant couple anxious to move in ASAP.  Toured the property with the couples grand mother.  

Met with lawyer today for a lease, they loved my draft with new ideas.  Like "No water beds or aquariums."  yikes have carpeting todo, held up by painting.  Also have to register with city as landlord, plus get property inspected as well, not ready as we are still playing with outlets.  Luckily I think we are 80% of the way there!

Post: Newbie Robbinsville, NJ

Mike MorekenPosted
  • Investor
  • Trenton, NJ
  • Posts 67
  • Votes 19

Joined bigger pockets recently + SJREIA.

Currently invest in liens in NJ + Rehabbing first property with intent to rent in Trenton.