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Investment Properties in 07302 : Real Estate Advice

  • All143
  • Local Info15
  • Home Buying75
  • Home Selling12
  • Market Conditions6

Activity 2
Tue Mar 7, 2017
Rajshree Banerjee answered:
Hi Krishna- When a property has a protected tenant, it means you cannot evict the tenant, unless they violate the lease terms in any way for the lifetime of the tenant under whose name the lease is. Please be very careful before bidding on such properties and have an attorney go through all details. Contact me and I will help you find well priced properties, with no cloud on them. ... more
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Sat Apr 20, 2013
Greg & Kim Taylor answered:
With the interest rates being so low, we are getting to a level where a lot of renters are opting to buy. Thats creating a situation where there are less tenants and more rental inventory. More options make it more difficult for you to rent.

With 12 showings, consider the following:
1. Get feedback to see why the prospective tenants didn't pull the trigger
2. Offer those same prospects an incentive (Pay a portion of the fee or whole fee)
3. Reduce the price so you are the best available in the market place

Of course the property needs to be easily shown and be in good/great shape. I hope this helps and good luck!
... more
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