One small tip: keep your communication channels clear and open with your property manager.

Happy to connect and share more tips!

The sheer complexity of this matter alone is enough to illustrate the problem, but this is just the tip of the iceberg.

Assessments in NJ are not done on sale, unless it's a new build or a complete renovation where the permits tip them to reassess, so every three years or so they reassess all of the properties and taxes go up most of the time.

I am very excited and nervous to start my investing journey and wanted to come onto the forums to ask for any tips or guidance before I jump in. 

Any advice, tips, or examples of how you’ve handled this would be greatly appreciated!

Thanks for the tips!

Do you want this thing to be the tipping point for them to leave and you have turnover costs and a vacant unit? 

PRO TIP: Some counties will work with you as the new "owner" on code violations.

I would be happy to connect with other investors in the area to share tips and tricks.