All Forum Posts by: Ingrid Nagy

I don't allow them. Have allowed cats in the past and their urine smell goes right through the hardwood floors. They even spray in the electrical outlets. Its almost impossible to get rid of the odor no matter how big your additional deposit might be.

Too funny! I have a few tenants in Jersey City whose units could use a similar fumigation.....

I did some bookkeeping years ago for a little old landlord who was the funniest guy - he leased out rooming houses and he took out rent payments in "trade" from some of the ladies. He is 83 years old now LOL

Small world Carlos! I used to have a video store in North Bergen in the Inserra ShopRite mall...very busy area! Best of luck to you in your real estate endeavors.

Obviously the easiest way for a tenant to get out of a Lease would be to simply not pay the rent. Landlord then evicts, keeps the security deposit, and could possibly pursue money damages for the lost rent during the term and/or down time and costs associated to re-rent the space. Tenant can also file bankruptcy reorganization or full bankruptcy. What you get will depend upon if you are a secured or unsecured creditor...usually pennies on the dollar. Frankly, in this economy...you can't take blood from a stone.

I dealt with a reorganization with R.S. Strauss and it worked out well..still there...still paying. I also was involved with Prada, a major single user tenant, who just skipped out of the space with no warning. Obviously it was a big hit but the landlord at least retained the $1.5 sec deposit which covered about 1 yr's rent.

Maybe this is an exception but I'm not sure. I worked for a "rich" guy. He did the get a job, hard work routine with his kids. They are now in their mid 40's. They have never held a job for more than one year. Sadly, they now sit arguing about who is getting the bigger stipend each month of daddy's money.

How you live your life by the values you establish and the rules you set and follow in your household set the stage for how most children learn.

Rich, that is exactly what I am accusing the realtor of. I have been loyal to one agent for the past two years. He is not affiliated with the listing agent's firm. Highest and best offers were requested. However, when the listing agent has access to ALL of the offers submitted he has certain advantages that others don't have. From that power position its much more lucrative to promote the deal to a friend which will insure keeping the commission fully "in house" than share 50% with a selling agency.

I put a full price offer in on a 5 acre parcel in Central Florida. This parcel was a fire job - 3000 SF brick home with 4 garages, inground pool, etc. The asking price was $44K cash. I had previously looked at this piece 2 yrs ago when they were asking over $200K. Research revealed that the prior owner had mortgaged the parcel for $540K. The next day I was told that a higher offer was received and I was thanked for my time.

Funny part was this happened to me 3 months ago with the same realtor. When the parcel finally closed the competing offer was $1,000 above mine.

It makes you wonder why they even bother to put them through MLS when they are going to control the destiny of "certain" REO's.

It isn't as bad as you think. In NJ its a $35 course offered at Rutgers to anyone to become certified. States are using this requirement to add new requirements however. In NJ multi-family housing requires 5 yr State inspections so now instead of $35 a unit per apartment inspection fee the fee goes $20 higher for each unit built before 1978 (for a lead inspection). Someone told me that inspections are now being required for "any" rental housing not just multi's. This means LOTS of added revenue.

Tim, after being let go two years ago re has been my only means of income. Can't tell you how thankful I am for that. I've had to tweek the lifestyle a little bit, but not much.

Ken, you and I are the same page!! The 20 yr cycle does repeat - just gotta catch the right wave.