As the market shifts and changes are made it's also good to bounce ideas off of each other.

Joshua Dorkin should implement a cool gizmo that automatically creates a new thread wishing bday's.

If it is suppose to go on the credit report automatically how does that happen because the court does not use the ss# on the paperwork only name and address.Do I have to follow up and do something?

Yeah Dave you made a newbie mistake.Seasoned tenants know these things.Here we also have a program where you can have an agreement with the power company where if a tenant leaves they automatically transfer power into the landlords name so you can work on the unit.Otherwise you have to pay a 30 connection fee each time to turn on for the landlord.Problem is tenants call power company and say they are moving when they are not.Power company then transfers power into landlords name while the tenant is still living there.You the landlord now find out you have a nice bill for the last 2 months.Also if it is transferred into your name and then you get it cancelled the tenants cry foul and say you turned off utilities for non-payment.If it's an emergency or elderly person then the power company will turn back on and bill the landlord here.How I get around all of this is I do not have a landlord agreement with the power company.The power is always in the tenants name.If the power company cuts off for non payment it has nothing to do with me nor can the tenant pull a scam and say they are leaving to get put in my name because I do not have that agreement in place with the power company.If after a tenant leaves I need to work on a unit I get it turned on and then turned off before a tenant is allowed to move in.Then it's on them to get turned on.Never let a tenant move in while you have any utilities on in your name.I do have water and trash in our name but that is included in the rent for my apartment buildings but you wouldn't do that for a house.

Is it an automatic eviction proceeding if the landlord desires?

I can pay it upfront or pay it in 12 monthly installments by allowing them to take the additional amount automatically every month by adding it to my monthly mortgage payment.

And sometimes it helps for me to know (for example) that even though I thought the property was titled in the name of the estate, 'Operation of Law' (OOL) in NJ dictates that because roughly 3 years passed and the heirs failed to either probate the decendent's estate or convey the property from the probated estate to their individual names, it was 'virtually' done automatically and therefore a deed from the legal rep. of the estate would not be valid.

The biggest problem with this setup is that you are shifting the power to the tenant.In a normal contracting situation, you have the contractor perform required work and have some kind of hold-back until it is satisfactorily complete.In the situation where you discount rent, you are no longer paying somebody to do your work, you are allowing somebody to pay you less in exchange for work.

my answers to that, in the form of drop down menu's (bandit sign, referral, post card, what was the code on the postcard, google search, what were the keywords, etc) automatically update the marketing tracker spreadsheets/databases with real time data.When i input the address while on the phone with the seller the app would automatically obtain the property tax information from the appropriate county website (year built, sale dates, tax value, owner info, pictures, etc) and have that on a "tab" under the seller info.

Also if and when they sell, there is an automatic withhold on the monies.