South Jersey Landlord Advice

Wondering how to choose a property management company or what to do when it’s time to screen a tenant? We have all the landlord advice you need in our blogs and videos. Take a look at our landlord tips and learn some best practices, which we have perfected over the many years of our property management experience. If there’s a question that hasn’t been answered, get in touch with us. You might just see the topic covered in our next blog!

Many people today are complaining about the bad economy. However, there are always opportunities for the astute investor. For instance, depressed real estate prices have placed many attractive properties on the market that might not have been there, but for the current economic circumstances.

Some people are afraid to get involved in real estate investment. “What would happen if someone sues me?” they might say. “I don’t want to lose my home!” Creation of a Subchapter S Corporation or a Limited Liability Company is essential to guard against these possibilities.

These are business entities that can be created by an individual to own and operate the investment property. There are substantial financial advantages to owning property in this manner and it protects your individual assets, if that “worst case scenario” occurs. Because the Internal Revenue Code allows for the pass-through of the profits, losses and expenses, the tax consequences are no different than that which would have occurred has the property been owned by the individual. On the other hand, the individual owners of the Sub-S Corporation or the LLC cannot be held individually liable for the debts or obligations, unless they have personally guaranteed same.

As with any major challenge, it is always important to consult with your legal and accounting expert. This is an area that has intricacies that require advice. However, with a little bit of knowledge, you can gain substantial benefits and financial security.

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You come home from work one night and you find, in the mail, a ticket telling you that you are being cited by the Municipal Code Official because the grass is too long at your investment property. Unbeknownst to you, there is a Municipal Ordinance requiring the grass to be kept less than 8″ in height. You quickly drive down to the property that you have rented to that nice couple and you see what the Code Official saw: High grass!

When you call your tenant, he tells you that he was on vacation and then he got sick and yes, he did not have a chance to cut the lawn, as required by the Lease. You tell him about the ticket and he promises to get it cut. The issue remains – Who is responsible for the cost of the ticket? And how will it be defended?

The good new is that if the grass gets cut and you go into Court with the problem resolved, you may be able to convince the Prosecutor to recommend a dismissal of the ticket. In that case, you may walk away with a very minimal fine or maybe even just pay the court costs. Remember that just because you have a clause in your lease that requires the tenant to cut the grass, (or any other municipal requirement – eg., snow removal, trash cans being put out too early…), it is still your responsibility. You may want to consider a clause in your lease requiring the tenant to compensate you for any fines (and maybe even your time) if you are required to attend Court to resolve any issues created by the tenant.

Delinquent Assessment Collections for South Jersey Community Associations

Assessments are the lifeblood of any community association. They’re vital to maintaining common areas and serving all homeowners and residents living in the community. Today, we are going to talk about delinquent assessment collections in community associations....

How Should You Deal With Assistance and Support Animals at Rental Properties – South Jersey Landlord Advice

Pets on their own can get a little hairy (no pun intended) when you’re renting out a South Jersey property, but dealing with assistance and support animals can really become complicated. There are some things to do and some things to not do, and today we’re helping...

How to Handle Pets and Animals in Your South Jersey Rental Property

How to Handle Pets and Animals in Your South Jersey Rental Property When it comes to whether or not to allow pets in a rental property, the owner usually has the final say. We will consult with anyone who isn’t sure about letting tenants move in with pets, and once...

We have been working with Realty Solutions for the past many years. Very Professional top notch Realty / Property Management Organization. Everyone in their organization is very nice, very attention to detail and always looking out for their clients . Highly recommend their services to anyone looking for Real-estate or Property Management Services.

Michael Jenzano

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What People Are Saying About Us

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Sep 16, 2020
Google Realty Solutions Gary
Eileen is a true professional who cares about the interests of her clients. She is very responsive to any issues, complaints or problems that come to the attention of Realty Solutions or the park place condo board. She is prompt in resolving problem areas and in coordinating with the appropriate contractor for any remedial action. It has been a pleasure working with her on a regular basis.
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Google Realty Solutions Reggie
Realty Solutions and Kyree Kuntz are professional and organized. They are responsive to any of my requests and offer a quality service! - Easy to Work With - Team Players - Updated Property Management Portal - Quick Turnaround on Requests
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Dave and Rob have put together a great staff that takes a personal interest with each of their clients. They are pro-active in looking for ways to improve their services and response time to exceed each of their client's expectations.
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I am so grateful for managment every problem I have andy is on it immediately thank u....
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The workers were respectful of me and the interior of my condo. The job was finished quickly and any mess that was made was cleaned before they left, Two screens were damaged on the outside by the workers. They said they would repair them.

Want to Learn More?

If you’d like to learn more about our properties and what it’s like to work with Realty Solutions LLC, get in touch. We’d be happy to talk more about our rental properties, our application requirements, and our leasing process.

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Realty Solutions, LLC

Audubon Professional Center
415 South White Horse Pike
Audubon, NJ 08106

Toll-Free: 1-855-547-4700
Fax: 1-855-347-1257