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Rental Basics in Toms River : Real Estate Advice

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Activity 5
Sun Sep 28, 2014
Debra (Debbie) Rose answered:
Just to emphasize the incorrect answer below, so that you (and anyone else from NJ reading this) are very clear as to what is and isn't legal in NJ.:

"But the sky's the limit on how much of the total rent payments on the lease your landlord wants up front."

NO, NO, and NO...... not so in New Jersey!

NJ Landlords can only LEGALLY collect a maximum of 1.5 month's rent upfront (in advance) including security.
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Tue Jul 23, 2013
Todd Maiorano ePRO answered:
There are a few things to consider here as some of the other agents have explained. The key is to interview the landlords and find out what their short and long term goals are. If you find that they couldn't sell their home and then decided to rent, this is a clear sign that they will likely try to sell it again in a year. Stay away from these rentals. Working with a real estate agent is a good idea to help you find a rental that could potentially be long term. There are some listings that are for rent with the option to purchase. These are perfect long term rentals that give you the opportunity to save a percentage of the rental and put it towards the purchase price. If you choose not to purchase the home after the term of the lease expires, then you are not obligated to purchase. When interviewing landlords, if you find out they have multiple rental properties, this is a good sign that it could be a long term rental. If you ask the right questions up front, you won't have a problem finding a long term rental. ... more
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Fri Nov 23, 2012
Salvatore Ventre answered:
Alicia,

A lot of landlords are not interested in renting to a family with pets because it becomes a liability for them. Even if your dogs are the most well-trained dogs in the world, the landlord has no way of knowing that so he is going to be taking on an additional risk of the dog damaging the property in any way. With that said, there are plenty of landlords who will rent to families with pets and some even require a "pet interview" so they can see what type of dog it is and make their judgment from there.

As far as children, I have never come across a landlord that has a problem with renting to a family with children. In my opinion it is better for the landlord becuase they know you need a home for your children. You most likely wont be throwing parties and trashing the place if you have little children living with you.

If you need any help with the rental process, I would be glad to help.

Sal Ventre
Crossroads Realty
732-684-6398
SVentre@crossroadsrealtynj.com
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Thu Oct 4, 2012
Jeanne Feenick answered:
I agree with Laura - and I think you could make similar case on your own behalf to a prospective landlord.

I do recommend that you work with an attorney with short sale experience - and it is a good idea to work with an agent that has short sale experience if you go that route.

Good luck to you,
Jeanne Feenick
Unwavering Commitment to Service, Unsurpassed Results
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Sat May 26, 2012
Francesca Patrizio answered:
I question why u are asking. R u planning on selling? Have u had a change of ownership? Is\ the township bugging you for some reason? Have you made any physical changes tot he property?

CO's are generally good for the life of the current tenant, but again I wonder why u may be inquiring.

Feel free to email me direct @ Francesca@PatrizioRE.com or call 732.606.2931 if this situation is more complicated that is worth posting here on trulia as I DO NOT follow the trulia posts I answer . . . too many emails!

Sincerely,
Francesca Patrizio, Broker Sales Associate, ePro, SRES
Francesca@PatrizioRE.com
732.606.2931 (24/7)
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Rental Basics in Toms River Zip Codes

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