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All Forum Posts by: Mark Langdon

Mark Langdon has started 14 posts and replied 338 times.

Post: How to evict 1 person on lease while letting other stay

Mark Langdon
Posted
  • Investor
  • Whippany, NJ
  • Posts 356
  • Votes 104

I agree. I just don't want to send another lease excluding the person she wants out. I agree she may be just saying stuff also. My position is really this is their problem not mine because they are paying the rent on time with no other issues. I will see if the issue goes away but probably sooner or later it may become my problem. The best thing maybe she moves out anyway but then I may have to evict him if he doesn't move out as I don't think he has the money to pay the rent. I'll keep monitoring but not try to get involved and see if they can work something out.

Post: How to evict 1 person on lease while letting other stay

Mark Langdon
Posted
  • Investor
  • Whippany, NJ
  • Posts 356
  • Votes 104

I have 2 people staying together who are both on a lease. The one person pays all the rent from what I understand and she is trying to get rid of I think an old boyfriend that is not working out. Both her and him are on the lease together on a month to month lease. He is refusing to go because he doesn't have anywhere to go and he may be a deadbeat but not sure. She wants him out of there ASAP but she wants to stay. I know I shouldn't get in the middle of this because the rent gets paid etc. but wondering the best way to remove him while still letting her stay. She probably doesn't want to give notice and go thru the hassle of packing up all her stuff (she has kids) just to then move back in; but even with that he may not leave and be the only one left and then I have to evict him on my own.  She wants to know if I can just write up a new lease with just her on it and then she can get rid of him but I would think he would have to sign something saying its OK to terminate the lease. This is in NJ and I know I should consult my attorney and mostly likely will have to but trying to get any ideas before I need to start that.

Post: February 19th, 2015 Meetup in Manhattan with Special Guests J Scott and Ankit Duggal! FULLY BOOKED!

Mark Langdon
Posted
  • Investor
  • Whippany, NJ
  • Posts 356
  • Votes 104

Its on my calendar. Can't wait to catch up with the BP group.

Post: Newark NJ Investors Looking to Connect?

Mark Langdon
Posted
  • Investor
  • Whippany, NJ
  • Posts 356
  • Votes 104

Yes it is. Usually first week of the month

Post: Newbie investor - wholesale & rentals -NJ

Mark Langdon
Posted
  • Investor
  • Whippany, NJ
  • Posts 356
  • Votes 104

Welcome to the BP market. There are alot of wholesalers here in NJ in the BP community. Ask away and attend your local REI meetings to network with others.

Post: Newbie from Marlton, New Jersey!

Mark Langdon
Posted
  • Investor
  • Whippany, NJ
  • Posts 356
  • Votes 104

This is the best place to learn and ask away all your questions. Get involved.  We are here to help !

Post: Hello from South Jersey

Mark Langdon
Posted
  • Investor
  • Whippany, NJ
  • Posts 356
  • Votes 104

Welcome to the BP community. There are alot of folks here on BP that cover southern NJ. I am up North more in Morris/Union/Essex counties. Good luck and ask away all your questions. We are here to help !

Post: Out of state Investor OR out of state SUCKER ?

Mark Langdon
Posted
  • Investor
  • Whippany, NJ
  • Posts 356
  • Votes 104

First question I always ask "Is this your own deal". If not; I don't hang up the phone but always try to find out who controls the deal and makes the decisions. I am not saying I would not pay a 2nd wholesaler a small fee but always want to talk to the one who controls the deal. I can always tell who jumps on other deals as I get the first email/text about a wholesale deal and then within minutes afterwards "the others" jump on the bandwagon and email me.

But; Hey we are all here to make money and find deals. If it takes more than 1 person to help me find the deal; "That's OK" as if they didn't tell me; I might have not known that deal ever existed and missed out on still a good deal for me.

Post: Newbie wants to buy SFHs in affluent area of NJ, but cap rates too low?

Mark Langdon
Posted
  • Investor
  • Whippany, NJ
  • Posts 356
  • Votes 104

Don't do the deals unless you can make the numbers work unless you are betting on appreciation.(Never recommend) I would look to other areas in NJ that you can make the numbers work. Just keep looking and I am sure you can spend alot less money buying the homes but still get the rent you are looking for. If you feel uncomfortable because they are lesser areas you can still use Property Managers so you stay out of it. I say keep looking and don't jump in so fast until you do some more research. Take your time and do it right.

Post: Newbie at Bigger Pockets

Mark Langdon
Posted
  • Investor
  • Whippany, NJ
  • Posts 356
  • Votes 104

Welcome to the BP community and ask away all your questions. We are here to help !