The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
Renting out your property can be a great way to generate passive income but there are a lot of considerations that go along with it. Obviously, you need to take care of your property, as well as the people that shack up in it. Here are a few vital details that you need to understand before renting out your place.
Continue reading Planning To Rent Your Property Out? Here Are Vital Details You Should Know First
If you are interested in purchasing real estate as an investment and creating a second source of income, renting it out and becoming a landlord is a great way to do that. There are many advantages to becoming a landlord, and it can be a great way to make a large amount of money. It can also become a hassle quickly if you do not take steps to protect yourself. Many things can go wrong for you as a landlord, but there are ways to protect yourself if you take the right steps. It does not take much for a great situation to go wrong, and the next thing you know, you are being sued by your tenant. Follow these three steps, and you should be able to avoid litigation.
Continue reading 3 Steps landlords can take to prevent litigation
file photo by Boyd Loving
It doesn’t make sense that a village manager is announcing what a tenant has spent for their own personal gain at a public meeting? And then when the village manager is asked to provide facts about the information she put out there she is unable. How can a town like Ridgewood let this manager get away with this. If the information is said at a meeting then it should be available to the public at that moment. What is this healthbarn and what does it have to do with Ridgewood and the village manager? Seems a lot of time is spent on the subject. And a lot of the tax payers dollars are being used to help a business. I heard on one hand it is a partnership but then I heard that all Ridgewood is collecting is the same rent the tenant before paid. Any info is welcome
