Re: SiIlly question - please help!! - Landlord Forum thread 348906

Re: SiIlly question - please help!! by Sahara (NJ) on October 23, 2016 @22:39

Thanks to all for giving your insight! Made me think about the process more seriously.

MrDan, thanks much for putting things in a positive perspective.
Since we are out of town time to time, we have trouble finding tenants on time for this rental property. Turned out that we lost money for a month here and there b/c we just couldn't show the house to the tenants.
With this 3 year lease, we are taking 2 months sec deposit in case they break the lease. We are checking the tenants' job appointment and previous landlord history and bank account statements. The couple is here for a 3 year assignment. Seems like a good match for our situation.
Will keep you guys posted if I learn bad lesson!
Thanks again.

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Re: SiIlly question - please help!! by TarugoKing (NJ) on October 25, 2016 @12:09	[ Reply ]

You can only collect 1.5x rent as security deposit in NJ.