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  • Writer's pictureJivko Stefanov

The Life of a New Jersey Property Manager & Realtor – Week 2

Tverdov Housing is a New Jersey real estate company founded in 2014 that offers property management and realtor services in Middlesex, Somerset, and Union County. We also act as a project management consultant for rehabbing properties, so suffice to say – we are busy!

Recap of Last Week:

–Last week we had a rough inspection of our gut reno that we are project managing at 65 Guilden St New Brunswick and we wound up failing the plumbing portion of the inspection. It was a miscommunication but there was no gas pressure test done on a new gas line in the kitchen and no water test was done in a new shower we’re building.

-On the property management side, we had a few emails, texts and calls regarding security deposit deductions (including one helicopter parent screaming for 3 minutes straight) but nothing too bad. Frankly, we got more headaches from our newer clients who added items to the deduction list without speaking with us (you’re killing me guys). Overall it was pretty smooth and I think that’s because of our attention to detail when turning over the properties for our NJ property management clients.

-35 High St New Brunswick is all painted now and the first-floor apartment has a brand new gas line. We are installing a very small starter kitchen this week and then that job is done and ready to market for Leasing. We also picked up two more jobs to do in July (exterior concrete work and a bathroom gut in New Brunswick) so I am happy we are staying busy with project management!

Items to Do This Week:

-We have a re-inspection scheduled for 65 Guilden St in New Brunswick. We talked about that last week and we almost passed all rough inspections, but the plumbing failed. The reason we failed was we forgot to gas pressure test the gas line and we forgot to test the new waste lines in the shower. Fingers crossed we pass!

-A multi-family house we are selling for one of our clients, 90 Howard St in New Brunswick has a list of repairs that need to be made from the home inspection report in June. They include termite damage, trimming back some trees and some minor plumbing and heating repairs. We are beginning to schedule that work for this week since we also manage the property. One advantage our New Jersey real estate business has over other realtors in NJ is that we can help our clients out so much when they’re selling their investment properties. We can manage the property for them and help coordinate small and large repairs that come from home inspections or city inspections.

-One of our investment property listings in Middlesex County is close to going under contract this week. We could tell you, but then we’d have to kill you (just kidding). The back and forth during negotiations is something I always enjoy doing and as a realtor, you want to work hard for your client and never split the difference. Hopefully, I will have good news to share next week!

If you want to follow what we do day to day, check us out on Instagram: @tverdovhousing

Until next week!

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