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.

New Jersey Property Management & COVID-19: Rent Collection, Leases, & Maintenance

At Realty Solutions, we’re having a lot of discussions and sharing a lot of resources with our landlords and our investor clients. We’re also speaking daily with our tenants and residents about how procedures may be altered during the COVID-19 crisis that we’re all...

Benefits of Using South Jersey Preferred Vendors for Your Rental Property Maintenance & Can a Property Owner Use Their Own Vendors for Rental Maintenance?

Maintenance issues and the costs involved in rental property maintenance are big issues for owners and investors who are trying to keep costs low. The most common questions we get on this topic are – do owners have to use our vendors, and do we mark-up maintenance...

What Is Full-Service Property Management? Southern Jersey

  Many owners and potential clients often wonder what the difference is between full-service property management and the services you receive from a company that may not provide a full-service experience for their customers. We want you to understand the value...

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

5.0 /5
33 Reviews

May 29, 2020
Google Realty Solutions Jay
Eileen has been a great manager for Village Green Condominiums for years! She is highly professional and always a voice of reason when it comes to maintaining our property and resolving issues. She keeps us on track with our long term strategy of increasing value of Village Green. We have a true partnership with Eileen.
May 28, 2020
Realty Solutions Sheryl
Service was prompt and your associate who took my call was very kind and worked hard to have a plumber come out as soon as possible. Plumber worked quickly and resolved the issue without any problems. I appreciate everyone's help and attention. Thank you!
May 27, 2020
Realty Solutions Breiatta
I love my new apartment. Its clean and in a quiet area. I also appreciate how much the reality company has reached out to let me know if I was having trouble paying my rent because of the pandemic that something could be worked out. I’m thankful to still be working but it is nice to know if I need help I can ask
Mar 26, 2020
Google Realty Solutions Joseph
Realty Solutions has been a great source to track all of my expenses. When in times, I have also worked with them to find contractors. They are a very organized group and have been great advisers throughout the years to get my property established.
Mar 23, 2020
Google Realty Solutions Haak
I highly recommend Realty Solutions LLC as a property manager and/or receiver. They are knowledgeable, professional and very responsive to customer inquiries. I especially like their interactive online software application that makes it very easy to monitor properties in conjunction with the Realty Solutions LLC staff.

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