Newark, NJ Rooming Home

[Brian Jennett]

Good evening all. I am a long time follower of BP and I am very interested in purchasing a multi family home in Newark, NJ and using it as a rooming home. Can anyone suggest the legal and professional way I can accomplish my goal. Thank you.

[Ray Reed]

i would advise that you not go that route. you will be dealing with a financially unstable, transient, and sometimes drug addicted client base in an already rough city to maneuver. unless you have some type of agency paying their rent, you could be spending a lot of time in Landlord Tenant Court.