All Forum Posts by: Charles Joshua Stallings

With that sort of timeline, I would find a lawyer specializing in landlord tenant law in your area and send the notice to terminate lease even before you close. 

Why do you want to get rid of the tenant?  Are they not paying or is their rent far below market?

I’m not an expert but there are very few ways for a landlord to end a lease in New Jersey, but I believe you can terminate the lease with 60 days notice if you will personally occupy the property. I believe it has to stay your primary residence for a year after but someone correct me if I’m wrong. 

I use Jim Kennedy with Kennedy and Associates. He is a real estate investor as well and has definitely saved me some money.  

Mt Laurel NJ

I am looking at doing some renovations to a property in Mt Laurel. Can anyone recommend a good GC?

Thanks in advance!

Josh

Hi! This is my first post, so I apologize in advance for my ignorance. I do not currently own any properties but I am looking to buy a multi in the near future. I have been using several of the methods of valuation on bigger pockets and have found a few properties that seem to teeter on the edge of being a good deal/good cash flow, except that the taxes are a bit high. My question is about how easy the renegotiation of a tax assessment in Burlington county (and in general) is. For example, I might bee looking at a property with a tax assessment of $280k and the taxes are approx $8k per year, but I if I purchased the property for $200k, how hard is it to use the sale as an example of market value for the property? I know this can also be complicated by income potential as a multi. Sorry for the long question but I wanted to be specific. Thank you in advance for your replies! I appreciate all the knowledge I have gained from this site! Josh