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I've posted a few articles below which outline the new and most restrictive ("progressive") rental laws in the country, which limit the size of security deposits, non-refundable deposits, and requires giving tenants a...
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My wife and I began renting a one-family house in New Jersey in February 1986 and have paid rent every month without fail and have maintained our tenancy as model tenants without incident.
We had a one-year lease for...
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Good evening (where I am in the world);
I havent been active on here in too long! Currently deployed on a ship somewhere in some ocean, with really bad internet.
I was going through some REI resources I have on my ...
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I'm going with my gut and I know some *concerned* individuals might lecture me :)As I talked about in a previous post, one of my applicants warned me that he had an eviction on his report but his name wasn't on the le...
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This is a first for me , a tenant who was in a hurry for their deposit back , never accepted the certified mail and it was returned to me as undeliverable . So Now I have a sealed envelope with a check in it . Ques...
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I have a house now that is very behind on payments. I want to give the owner some money and fix it up than sell the house. I think the best way to go about doing this is to give her like $5k and get a contract with an...
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Tenants usually pay on the first Friday of the month. I’ve had them for 2+ years, 0 payments were received on the first of the month. I don’t send out late rent notice nor eviction notice, they are my literal neighbor...
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First of all, I believe Lonnie Scruggs, was a great man who, while he did charge for his knowledge, made a whole lot of people a whole lot of money. I would never try to take that away from him.
Second, throu...
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I am currently looking at a 15 unit complex sales prices$1,350,000. Net rents (minus 5% vacancies) is $170k expenses are $48k. Cap rate would be about 9%. I am thinking of doing a self directed IRA to pay for the d...
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I recently attended a "Financial Planning" class at my job. Someone asked about the "Interest Only Loans". The instructor said "NO, NO NO". I was wondering why. He didn't get into it he just said it's only good if you...