Rental Basics in New Jersey : Real Estate Advice

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Michael Abra…, Real Estate Pro in Deerfield, IL
Michael Abramsky answered:
Rent my place to someone who has 510 credit score??
Don't just go by the credit score, take a look at the credit report in order to determine whether the renter is in a good enough financial place to pay their rent on time every month. A ... more
0 votes Share Flag Thu Jul 21, 2016 Rental Basics in 08810
Maricris A, Home Buyer in Georgia, NJ
Maricris A answered:
I am an owner of a two family house with one apartment to rent. How do I list it and is there a charge?
Hello,

If you would like to post a rental on Trulia, you will be redirected to use our partner site, Zillow Rental Manager, to list your rental on Zillow, Trulia and other top sites. ... more
0 votes Share Flag Tue Jul 19, 2016 Rental Basics in 07087
K Martin, Renter in Langhorne, PA
K Martin asked:
Is it possible to rent a home after having to file bankruptcy which resulted in the loss of everything? I have 5 years of steady employment. The bankruptcy was discharged approximately 2.5 years ago and a foreclosure happened approximately a year ago. This was all a result of a layoff after…
0 votes Share Flag Fri Jul 15, 2016 Rental Basics in 08619
Olga Roginkin, Real Estate Pro in Ridgewood, NJ
Olga Roginkin answered:
In the NJ area always the tenant pays one month fee, right? Is it common/acceptable to negotiate realtor fees? If yes, how much? Thanks.
Depends on a listing. A homeowner with his listing agent makes decisions, including decisions about the listing price, and who pays the fees. More often, the fee is paid by the tenant. ... more
0 votes Share Flag Tue Jul 12, 2016 Rental Basics in Fair Lawn
June Buerkle, Home Buyer in Chattanooga, TN
June Buerkle answered:
I want to move out of my parents house but i dont now how to beging , i do want to rent but i havent started building my credit
No credit is not as bad as poor credit or a lot of negative marks.

With a limited credit history, you will need either a strong income with solid work history, or healthy cash reserv ... more
0 votes Share Flag Sat Jul 9, 2016 Rental Basics in 08330
Bella Jordan, Home Seller in New York, NY
Bella Jordan answered:
Can I Rent Rooms n My Own House ? It Is Legal? Do I need a special license or permit in order to do that?
I have a similar question.
I have a house in bronx, 2 family. 1st floor is rented to a family. Bur, Can I rent the rooms on a second and third floor ? US it legal? I keep on room for ... more
0 votes Share Flag Tue Jul 5, 2016 Rental Basics in New Jersey
Ruben Vega, Real Estate Pro in Belleville, NJ
Ruben Vega answered:
Is it legal for a landlord to collect a "pet security deposit" in the state of NJ?
According to the Truth in Renting for New Jersey the maximum amount a landlord can collect for security deposit at inception of the lease must be equal to or less than one and one half ... more
0 votes Share Flag Mon Jun 13, 2016 Rental Basics in New Jersey
joe, Both Buyer and Seller in Neshanic Station, NJ
joe asked:
I bought a property with a Land Conservation / 500 year Flood Line.It is 6.6 acres.Can I encroach on this line and build a pole barn over line.? Property is in NJ. It slopes gradually about two feet every 10 feet of land to a Main Brook that feeds into river.I read whomever signed this piece of land over for conservation was compensated…
0 votes Share Flag Thu Jun 9, 2016 Rental Basics in East Amwell
NJ Buyer Reb…, Real Estate Pro in Mountainside, NJ
NJ Buyer Rebate Team answered:
First time in the States, so no credit history. I have a proof of income though, any chance of renting my own place?
Yes, you should be good with all that. Feel free to contact me and we will help you with finding a right place for you. Maria 862-262-5869
0 votes Share Flag Fri May 6, 2016 Rental Basics in Fort Lee
Shabnam Naja…, Real Estate Pro in Closter, NJ
Shabnam Najafov answered:
Best month to find a rent in Bergen county
Bonjour Nicholas! :) If you would like to live in Jersey side, I can help you find rentals for August. Let me know: shabi.najafov@cbmoves.com
0 votes Share Flag Sun May 1, 2016 Rental Basics in Bergen County
Susan , Renter in New York, NY
Susan answered:
Should I rent my condo....the numbers help would be appreciated!
This is 2015 you posted this so my guess is that you already got your answer and made your decision
I am a realtor in the area if you like me to be your agent to help you rent and man ... more
0 votes Share Flag Tue Apr 12, 2016 Rental Basics in 07093
thinz, Real Estate Pro in Allenhurst, NJ
thinz answered:
Why is it so hard to find a descent house for rent at a reasonable price?
Well the tax situation here in NJ is part of the reason. There are many better areas also to invest in rental homes where it makes sense to buy vs rent. Tom Hinz www.shortsaletosell. ... more
0 votes Share Flag Tue Apr 5, 2016 Rental Basics in Vineland
Rab4444, Home Buyer in New York, NY
Rab4444 asked:
real estate agent helped me locate a tenant without me asking. How much do I compensate? I found a rental property online and 2 days later I put an OTP on it with listing agent. The agent went the extra mile and made an introduction with a suitable Tennant before the home has…
0 votes Share Flag Sat Apr 2, 2016 Rental Basics in 07016
Carole Leath…, Renter in Egg Harbor Township,...
Carole Leatherwood asked:
Good Morning. I have found a property to rent. My agent is not the agent that has the property as her listing. Different company. I have paid full deposit and first months rent & signed a lease. Is there any reason Agents wouldn't work together? I need to move first week of April at latest my realtor has had everything…
0 votes Share Flag Sun Mar 20, 2016 Rental Basics in Brigantine
NittanyLion, Home Owner in Hoboken, NJ
NittanyLion answered:
I am also wondering what my incomes should be to rent a place in Hoboken around $3200/month? I am looking for a two-bedroom.
The 40X rent as annual income and high credit score (750+) that Jeff reference is a safe starting point. As a landlord, I would be hesitant to rent to anyone falling significantly short ... more
0 votes Share Flag Mon Mar 14, 2016 Rental Basics in Hoboken
NittanyLion, Home Owner in Hoboken, NJ
NittanyLion asked:
How does Hoboken's rent control law impact parking space rental? I have a 3 bed/2 bath condo that I'd like to rent out soon, but the legal rent calculation on the unit is at least $200-250 lower than the market rate. We completely gut reno'ed the kitchen…
0 votes Share Flag Mon Mar 14, 2016 Rental Basics in Hoboken
thinz, Real Estate Pro in Allenhurst, NJ
thinz answered:
How much is a fair finder's fee?
Totally negotiable...but may want to start with 5% of the anticipated annual rent.
Would you give someone $900 to get you a yearly tenant paying $1500 month / $18,000 annual rental inc ... more
0 votes Share Flag Tue Feb 2, 2016 Rental Basics in 07016
Kathleen Con…, Real Estate Pro in Hoboken, NJ
Kathleen Conroy answered:
Hi all - I am looking to relocate from Chicago to Hoboken. Would love some information on credit scores required - mine is 700.?
Hi Stacey, I moved to Hoboken from Chicago (Lincoln Park) several years ago! Maybe I can help, please feel free to call or email directly. Kathleen Conroy 917-370-8181 cell. Email: Ka ... more
0 votes Share Flag Sun Jan 31, 2016 Rental Basics in Hoboken
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