
3 January 2022 | 3 replies
We lost his money on one, and while it didn't hurt the family dynamic, my wife and I hear about it from time to time (the latest being that he is still burning through his losses on his taxes, since he doesn't have enough passive income/gains to use the whole loss yet).Stories I have heard: there are families that have been completely decimated by going into business together, and there are families that have run successful multi-generational businesses.

4 January 2022 | 3 replies
Utility companies normally let tenants get pretty far behind before the landlord is notified- if the utility company puts a lien on the property for unpaid bills, it is better to have closer control over the bills- If there is a water leak or other problem with the property, the tenant doesn't have to bear the costDisadvantages of having utilties in owner names:- If tenants start using a lot more water/power, it is more difficult to quickly adjust rent or get them to conserve- with pandemic or other freezes on rent or evictions, there is no recourse for utility increases- if the tenant qualifies for low income utility pricing, it has to be in their nameOnce you decide what your guiding principle is, you can align your current rental agreement to match.

3 January 2022 | 1 reply
So then he wouldn’t have a gain, he would have lost everything.

4 January 2022 | 7 replies
The way I plan on presenting this is that it would a) spare them from having an actual rent increase and b) give them the ability to control the cost as they can control their water usage (in case they have been more wasteful than they could be).

4 January 2022 | 1 reply
I did not hit these goals because I got "lost in the sauce" and off-track by investing heavily into cryptocurrencies and lost track of what the real goals are.

4 January 2022 | 0 replies
There are simply too many variables when working with people and business to predict what will happen.Having a Business Mind SetInstead, you are in control of your actions.

5 January 2022 | 16 replies
If there is a fee for early termination, charge him that plus the lost rent.

15 January 2022 | 5 replies
Good evening and Happy New Year.For a single family home, what is the common practice in NJ (if there is such a thing) for landscaping (maintenance), snow removal and pest control; who should be responsible for those, landlord or tenant?

15 February 2022 | 3 replies
So essentially we lost quite a bit of time and a significant amount of money that could’ve been used to pursue other real estate.