South Jersey Real Estate Investors Association

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Ocean County Subgroup

with... David Fontana

What You Need To Know To Manage Your Out Of State Rentals

Wednesday, March 27, 2019

Home Alliance Realty
142 E. Bay Ave.
Manahawkin, NJ

SJREIA Ocean County Subgroup
How to Manage your Out of State Rentals

Special Guest David Fontana, Managing Member of Diversified Acquisition Group

1. Managing the local Property Manager

2. How to handle the transition of the new property

A. Handling Deferred Maintenance
B. Keeping and working with the existing property manager in place.
C. Transition and Working with new Property Manager

3. How to set goals for the new property (Raise Rents, Residence Retention)

BIO - Nunzio D Fontana 

Mr. Fontana has been a full time entrepreneur and investor since 2012. He currently owns over 200 rental unitsin New York and North Carolina. He has renovated and sold over 75 single family residences- mostly with funds from Private Individuals. In 2011, Mr. Fontana purchased a 20-unit building in Charlotte, NC The building was purchased for $125,000 and is on trackto $1,650,000 valuation in 2019. Mr. Fontana has just completed a renovation on an 80 unit building in Charlotte, NC and just completed the purchase of a 100 unit building unit in Burlington, NC.

Before coming involved in real estate, Mr. Fontana renovated and built millions of square feet of residential and commercial properties throughout the Tri-State. 

Bring dinner/snack on your own, cookies and coffee provided. Please RSVP so we know to expect you.  In the event of a meeting cancellation or change to topic/speaker, we will be able to notify you.

Entrance Fees: Members are FREE; Visitors pay $20

Location: Home Alliance Realty, 142 E. Bay Ave., Manahawkin, NJ 

Time: 6:30 – 8:30 pm

2019: Mar 27, Apr 24, May 22, Jun 26, Jul/Aug (no mtg), Sep 25, Oct 23, Nov 20 (1 week earlier)

Our meetings are on the 4th Wednesday of the month

Subgroup Leader: Lisa Lopez

Cost: Members attend for FREE / $20 (non-members)
SJREIA accepts cash, check, Visa, MasterCard, Amex and Discover at Subgroup meetings.

Visitors – join the same evening and apply your $20 visitors fee to our yearly membership fee of  $150.

Members – Please bring your membership card.

Dinner Included? No - Bring dinner/snack on your own, cookies and coffee provided. 

FREE for Members

Date: Wednesday, March 27, 2019
Time: 6:30 PM - 8:30 PM

Home Alliance Realty
142 E. Bay Ave.
Manahawkin, NJ

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South Jersey Real Estate Investors Association

PO Box 689
Marlton, NJ 08053
(856) 663-1133

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