I am officially a landlord!

[Narelle Myke]

I have been a member of BiggerPockets for several months now and have been super quiet in the forums. I guess I have been quietly learning and absorbing as much information as I can :-) but my plan is to become more active and engaged on the site.

Well, I am happy to announce that I closed on my first investment property today located in Newark, NJ!! It is a duplex, "newer" construction, and one unit is already occupied. I will be managing the property myself in order to learn the business. Next up is cleaning the vacant unit and getting a (great) tenant.

I am really excited about what 2014 has to offer and am looking to network with investors from Newark, NJ!

[Raymond B.]

@Narelle Myke,

You said: I need tenants that know how to put a check/money order in an envelope and use the United States Postal Service ;-)

Have you thought about AVOIDING the Postal Service? That way, the tenant can NOT make excuses, blaming the Postal Service. Lost in the Mail, Bad Weather, etc.

You have various choices:

Electronic payment using the Internet, or have the Tenant deposit the Monthly Rent in a Bank Account, setup just for that purpose.

Raymond