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All Forum Posts by: Bryan Tomko

Bryan Tomko has started 5 posts and replied 46 times.

Post: Not renewing inherited tenant's lease

Bryan TomkoPosted
  • Realtor
  • Nazareth, PA
  • Posts 46
  • Votes 17

@Eric Luzier i would definitely consult an attorney in your area concerning how to handle this. The NJ landlord tenant act is pretty substantial. I dont know what it says about moving into one one the units , but in regular circumstances i believe it states that you must offer a new lease to the existing tenant when their is expiring? Please dont quote me on that lol

Post: I'm a Real Estate Investor, but my Degree is in...

Bryan TomkoPosted
  • Realtor
  • Nazareth, PA
  • Posts 46
  • Votes 17

Culinary Arts! I'm a chef at a country club

Post: Reduced rent in exchange for labor?

Bryan TomkoPosted
  • Realtor
  • Nazareth, PA
  • Posts 46
  • Votes 17

@Jases Brown nope

Post: Lehigh Valley Investors Monthly Meet-up - January Meeting

Bryan TomkoPosted
  • Realtor
  • Nazareth, PA
  • Posts 46
  • Votes 17

sorry i couldn't make it either. My kid had basketball practice

David, cool. yeah they were recommended by another investor on here from Phillipsburg. 

Post: Advice needed . Tenant keeps paying late

Bryan TomkoPosted
  • Realtor
  • Nazareth, PA
  • Posts 46
  • Votes 17

@Raul R. It wasn't necessarily heated. I was very calm. But it was an extremely irritating conversation lol.

Post: Advice needed . Tenant keeps paying late

Bryan TomkoPosted
  • Realtor
  • Nazareth, PA
  • Posts 46
  • Votes 17

Sorry thought I wrote that lease is up 2/28. I am pretty well versed in the NJ laws I believe. As per my attorney I only have a few ways of getting them out at end of lease. 1 being raising rent and them not accepting it. Attorney states I may need to evict anyway if they wont leave on there own as they become holdover tenants. I have used a 10 day notice to cease as documentation of late rent which qualifies under nj anti eviction law as a evictionable action. Just dont know if I should send a notice saying I am not renewing lease or raising rent to get them to leave

Post: Advice needed . Tenant keeps paying late

Bryan TomkoPosted
  • Realtor
  • Nazareth, PA
  • Posts 46
  • Votes 17

Hi everyone. I recently purchase a 2 unit property in Phillipsburg, NJ . I own a sfh rental in Pa. This is our first Multifamily. Shortly before closing i sent out a letter to tenants informing them of my purchase and how to pay rent. Downstairs tenant quickly set up payments but upstairs was very slow to register for payments. November 1st came and went and i reached out to them on 11/5 to let them know late fee would be assessed following day . A payment quickly processed for half of rent and I quickly told them that this was not acceptable. The response was would you rather have half than nothing lol. They paid balance following week. I did offer to set a payment plan up to catch them up . Basically fell on deaf ears. Fast forward to last month I had a bit of a heated exchange with the husband who basically told me to try and evict him. I sent out 10 day notice to cease and they paid up. This month same thing. Question is how much should i raise rent to try and get them out? I am told as long as they keep paying, all be it late i may have to evict them anyway . but my thought is they won't be able to pay higher rent. Any advice is appreciated!

Hi everyone. I recently purchase a 2 unit property in Phillipsburg, NJ . I own a sfh rental in Pa. This is our first Multifamily. Shortly before closing i sent out a letter to tenants informing them of my purchase and how to pay rent. Downstairs tenant quickly set up payments but upstairs was very slow to register for payments. November 1st came and went and i reached out to them on 11/5 to let them know late fee would be assessed following day . A payment quickly processed for half of rent and I quickly told them that this was not acceptable. The response was would you rather have half than nothing lol.  They paid balance following week. I did offer to set a payment plan up to catch them up . Basically fell on deaf ears. Fast forward to last month I had a bit of a heated exchange with the husband who basically told me to try and evict him. I sent out 10 day notice to cease and they paid up. This month same thing. Question is how much should i raise rent to try and get them out? I am told as long as they keep paying, all be it late  i may have to evict them anyway . but my thought is they won't be able to pay higher rent. Any advice is appreciated!

Post: Lehigh Valley Investors Monthly Meet-up - January Meeting

Bryan TomkoPosted
  • Realtor
  • Nazareth, PA
  • Posts 46
  • Votes 17

I would like to try and make this meetup. 

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