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All Forum Posts by: Sheltocks M.

Sheltocks M. has started 11 posts and replied 67 times.

Post: What is your system for collecting rent?

Sheltocks M.Posted
  • Real Estate Investor
  • Central New Jersey
  • Posts 67
  • Votes 29

I give each new tenant a sheet of paper detailing the name of my bank, my bank account number and bank locations near to the property. Once the deposit is made, I receive an automated email form the bank advising of the deposit. This has been in place for the past 4 years. No issues to report. 

Post: How can I perform a background check on a senior

Sheltocks M.Posted
  • Real Estate Investor
  • Central New Jersey
  • Posts 67
  • Votes 29

Excellent. Much appreciated.

Post: New Investor from New york

Sheltocks M.Posted
  • Real Estate Investor
  • Central New Jersey
  • Posts 67
  • Votes 29

Welcome to BP!

Post: Newbie from Spokane WA

Sheltocks M.Posted
  • Real Estate Investor
  • Central New Jersey
  • Posts 67
  • Votes 29

Mike:

You're in the right place at the right time. Keep reading as much as possible here and go out a buy your first property. At the best to you.

Post: How can I perform a background check on a senior

Sheltocks M.Posted
  • Real Estate Investor
  • Central New Jersey
  • Posts 67
  • Votes 29

Hi:

I'm back again. The 90 year old tenant moved in. He paid rent for July and August. He deposited the rent check for September and he had previously placed a stop payment on that check number. I reached put and explained to him, he still needs to pay rent for September. (Since he stopped the check, I was charged by my bank and still never got the rent). He gave me $600 and said he's not paying me any more  money. He called the city to say he has no hot water and no smoke alarms. This is not true. 

I'm planning to file papers to evict him. Any thoughts??

Post: How can I perform a background check on a senior

Sheltocks M.Posted
  • Real Estate Investor
  • Central New Jersey
  • Posts 67
  • Votes 29

Thanks Anthony. Will do.

Post: How can I perform a background check on a senior

Sheltocks M.Posted
  • Real Estate Investor
  • Central New Jersey
  • Posts 67
  • Votes 29

Thanks Katie.

JD: Yes I thought about not even bothering to do it but you never know. 

Thanks you made me smile.

Post: How can I perform a background check on a senior

Sheltocks M.Posted
  • Real Estate Investor
  • Central New Jersey
  • Posts 67
  • Votes 29

Gentlemen:

You have made my day. Thanks so much for your quick responses. 

I'm on it. Blessings

Post: How can I perform a background check on a senior

Sheltocks M.Posted
  • Real Estate Investor
  • Central New Jersey
  • Posts 67
  • Votes 29

Help please:

How can I do a background check on a senior who want to rent my 1 bedroom apartment in Mercer County NJ? He's 90 and doesn't have an email address so I can't process the usual background check via Transition? 

Any ideas? 

Much appreciated.

Post: Celebrating ONE MILLION Members of BiggerPockets!!!

Sheltocks M.Posted
  • Real Estate Investor
  • Central New Jersey
  • Posts 67
  • Votes 29

Congrats BP: Because of you, my financial future is secure. My real estate portfolio is growing, my real estate knowledge has increased as well as my network. I'm more confident that I will be able to leave a tangible legacy for my kids and their kids. Thanks Josh and Brandon. Blessings on you.