We want it to be a fair and equitable partnership and need some guidance as to what is the industry standard or options in a situation like this.

Hi Julie,I am putting provisions in my lease rider for late fees (my place is in Jersey City).I had an attorney assist me with writing and the legality of my lease rider.So to answer your question.Based on what my attorney has approved for me to include in my lease rider.it is permissible to charge late fees in NJ (please check with your own attorney).In section 7 of the NJ realtors standard form of residential document, there are provisions made to include a late fee.http://www.bhnj.com/pdf/NJ_Rea...

Hey guys,Any of yall tried a 203k Standard loan in South Jersey, Gloucester/Camden counties specifically? 

I'm new to hard money lending and I'm trying to understand if it is standard for the lender to pay for the rehab as the work is done or if they give you the money so you can pay the contractors immediately after each part of the rehab is completed.

Today was of those days- had a client reach out to me about Schuylkill County.You can get a standard row home or even detatched home for under 50k.... rents for that same property are around 800-900 / moI dont see returns like this at all where i live!

My suggestion is just to use a standard MAR purchase and sale agreement (P&S) and for the borrower entity put “Andrew Camarda or assignee or nominee” which makes the contract transferable.

A bank employee at the branch will always give you a standard response w/o a creative solution.

Is there a standard mobile home lease agreement for lot leases, in which the homes are owned by the tenants themselves?

Does anyone know where I can find good construction contract to give me protection for my Rehab work being done up to standard ,and my completion due dates being meet on time ?

There are insurance companies that specialize in short-term rental insurance that covers the home also, and there are insurance companies that offer insurance that provides some coverage for short-term rentals, but typically not as much as one that specializes.For our 3 short-term rentals, we use one of the insurance companies that specialize in STRs because we found they provide better coverage than the standard insurance company.