We are residents of a US Masters Residential Property Fund. We hate it. It is clear they want us out. They are hell bent on clearing this building even attempting to evict a 70 year old senior suffering from depression and agoraphobia claiming she didnt live here. She had been living there for decades and Jacob Schulder one of Dixon henchmen saw this senior all the time.

When they saw they were going to lose trying to evict her, they offered the three generations living in their 1200 sq foot apartment $200,000 to get out.

We need to join forces with ALL US Masters Residential Property Fund. I say its time we start the:

US Masters Residential Tenants Union

And join the incredibly successful CHTU- Crown Height Tenant Union in our fight.

ITS TIME TO JOIN HANDS, FORCES AND FIGHT TO GET THIS FOREIGN BANKS OUT OF OUR BACK YARD!

For those interested please read our blog:
BEDSTUYMOVEORDIE.BLOGSPOT.COM

Yes and Thanks!

Quote:

Quote:

Is this what you are looking for? Online Tax Record Lookups

Where can one search the records to find out who currently owns apartments or buildings?

Plus LLCs and INCs cannot get ticket violations it has to be written to an actual name. Also by having different company names it will confuse the code enforcement officers tracking down the owners.

PremiumContent is right - it's all about limiting any liability to the single property-specific entity and protecting the other properties. Since the LLCs are pass-throughs, there aren't any tax benefits.

Frankly, I'm surprised that they didn't structure single purpose LLCs to acquire the properties on day one.

Putting each property under a seperate LLC name is common sense. Protects the rest of your assets if a property goes bad.

There was a long post on US Masters Residential Property (aka Dixon Leasing), an Austrailian real estate firm, that was buying a lot of properties in Jersey City. Was just looking through some of the ownership/sales records and noticed they have moved a number of properties to various LLCs (e.g., FREMANTLE URF,LLC; HAWTHORN PROPERTIES, LLC; CARLTON URF,LLC). Transaction listed as sale "BETWEEN CORP AND STOCKHOLDER ".
Anyone know what advantages they are gaining (e.g., limiting liability; tax benefits)?

*dingos.

Quote:

Please tell me you are joking.

Good for some, bad for others, but if there is a new pool of investors sinking funds into a market, it shrinks inventory. If these guys pay cash and if that trend catches on as it did in NY, it puts even buyers who can match with a mortgage at a disadvantage relative to them since cash buyers are more attractive to sellers. Sellers and potential sellers can stand to profit, buyers are more likely to be priced out, and the impact on the community and vibe depends on the intentions of the Aussies. Investments and vibe aside, it would seriously concern me if they brought dingoes.

Good luck to them - If it isn't the Australians, it will be the Chinese or Indians (It speaks volumes about successful economies in other countries)

Quote:

Same nationality, different demographic. Young professional migrants vs older Aussie-based pensioners with money to invest. All the Aussies I know here to work are renting, not buying.

Might even be renting indirectly from their grandparents...

Here's a phase of the Aussie takeover we missed on JCL:

What Is The Deal With All These Australians In NYC?

TO THE PERSON HAVING ISSUES WITH ISSUES ON MILTON AVE. THE PEOPLE LIVING THERE ARE IN FACT DIXON ADVISORY EMPLOYEES. YOUR BEST BET IS TO CALL THEIR JERSEY CITY OFFICE AND REPORT THEM AND TO THE POLICE STATION. They should be examples not give the company a bad name.

You are up against a behemoth, Dixon (US Masters & their subsidiaries) now own over 300 properties in Jersey City which they paid more than $105 million USD.[/quote]
As I pointed out earlier, there are approximately 80,000 residential units in Jersey City, and 56,000 are rentals.

Even if each building is an average of 5 units, 300 buildings is a drop in the bucket.


Quote:
Meaning what? The police won't respond to a noise complaint because the building is owned by a big landlord? Do the JCPD keep a list of all the buildings owned by REIT's?

I am curious, though, whether you really hate to be cynical. [/quote]

I found 255 properties. The tax database runs on Oracle. You have to search for %Dixon% as owner. It will match all owners that contain Dixon in the name. Dixom has number of RE management funds to which these properties assigned.


Quote:

Their 80 Beacon Ave. property got a new roof yesterday, which was something the building really needed. They did it right: complete tear off and new under-layment installed.

Quote:

My properties are under an LLC and I assure you, I do get fined and have to pay them. My fines have been from someone dumping trash in front of the property or one of my tenants putting out trash at the wrong time.

I think all properties should have a NAME on the tax rolls. Having an LLC /INC is a way of hiding behind a mask. Corporation names cannot get tickets, they rubber stamp their (name) to everything.

Quote:
As I pointed out earlier, there are approximately 80,000 residential units in Jersey City, and 56,000 are rentals.

Even if each building is an average of 5 units, 300 buildings is a drop in the bucket.


Quote:
Meaning what? The police won't respond to a noise complaint because the building is owned by a big landlord? Do the JCPD keep a list of all the buildings owned by REIT's?

I am curious, though, whether you really hate to be cynical.

To the person living on Milton Ave next to a Dixon managed "Animal House" property:
(See the "There goes the neighborhood" JC_List topic)

You are up against a behemoth, Dixon (US Masters & their subsidiaries) now own over 300 properties in Jersey City which they paid more than $105 million USD.

I hate to be so cynical, but politicians and public administrators drool over those deep pockets.
Over you, not so much.

Here is a list of their properties & the purchase price downloaded from public websites:

90 ARLINGTON AVE. $75,000
314 ARMSTRONG AVE. $175,000
402 ARMSTRONG AVE. $190,000
17A-19 ASH ST. $275,000
30 ASTOR PL. $130,000
45 AUDUBON AVE. $230,000
47 AUDUBON AVE. $245,000
15 BALDWIN AVE. $175,000
266 BARROW ST. $1,325,000
268 BARROW ST. $1,085,000
42 BARTHOLDI AVE. $114,000
11 BAYVIEW AVE. $170,000
109 BEACON AVE. $200,000
111 BEACON AVE. $300,000
179 BEACON AVE. $250,000
69 BEACON AVE. $225,000
80 BEACON AVE. $200,000
101 BELMONT AVE. $153,500
166 BELMONT AVE. $225,000
26 BELMONT AVE. $225,000
69 BELMONT AVE. $205,000
75 BELMONT AVE. $180,000
152 BENTLEY AVE. $232,500
17 BERGEN AVE. $105,000
198 BERGEN AVE. $242,000
268 BERGEN AVE. $184,900
479 BERGEN AVE. $190,000
58 BERGEN AVE. $332,000
9 BIDWELL AVE. $195,000
66 BIDWELL AVE. $217,000
219 BIDWELL AVE. $145,000
89 BOSTWICK AVE. $235,000
84 BOWERS ST. $165,000
202 BOWERS ST. $250,000
76 BOYD AVE. $240,000
133 BOYD AVE. $230,000
156 BOYD AVE. $142,500
338 BRAMHALL AVE. $185,000
340 BRAMHALL AVE. $120,000
551.5 BRAMHALL AVENUE $202,000
590 BRAMHALL AVE. $136,000
596 BRAMHALL AVE. $221,000
614 BRAMHALL AVE. $285,000
36 BRIARWOOD RD. $260,000
139 BRIGHT ST. $640,000
85 BROWN PLACE $174,850
88 BRUNSWICK ST. $340,000
221 BRUNSWICK ST. $545,000
68 CAMBRIDGE AVE. $235,000
243 CAMBRIDGE AVE. $275,000
166 CARTERET AVE. $170,000
238 CATOR AVE. $120,000
287 CATOR AVE. $121,000
66.5 CHARLES ST. $248,500
130 CHARLES ST. $220,000
126 CHESTNUT AVE. $355,000
67 CHESTNUT AVE. $200,000
69 CHESTNUT AVE. $200,000
71 CHESTNUT AVE. $120,000
109 CLAREMONT AVE. $241,000
118 CLARKE AVE. $193,000
29 CLARKE AVE. $225,000
98 CLENDENNY AVE. $192,000
104 CLENDENNY AVE $150,000
114 CLENDENNY AVE. $228,000
136A CLENDENNY AVE. $225,000
251 CLENDENNY AVE. $185,000
42 CLERK ST $107,000
167 CLINTON AVE. $235,000
208 CLINTON AVE. $180,000
83 COLES ST. $890,000
155 COLES ST. $630,000
176.5 COLES STREET $820,000
45 COLLEGE ST. $185,000
171 COLUMBIA AVE. $238,000
53 CONDICT ST. $250,000
104 COTTAGE ST. $322,500
106 COTTAGE ST. $322,500
149 CULVER AVE. $240,000
123 CUSTER AV. $140,000
307 DANFORTH AVE. $210,000
350 DANFORTH AVE. $390,000
136 DE KALB AVE. $262,500
202 DELAWARE AVE. $125,000
235 DUNCAN AVE. $164,500
294 DUNCAN AVE. $140,000
2A DWIGHT ST. $115,000
10 DWIGHT ST. $150,000
15 DWIGHT ST. $170,000
23 DWIGHT ST. $170,000
60 DWIGHT ST. $159,000
193 DWIGHT ST. $165,000
197 DWIGHT ST. $115,000
27 EASTERN PARKWAY $300,000
109 EGE AVE. $170,000
349 EGE AVE. $188,000
215 EIGHTH ST. $805,000
243 EIGHTH ST. $1,500,000
273 EIGHTH ST. $967,500
289.5 EIGHTH STREET $825,000
294 EIGHTH ST. $930,000
329.5 EIGHTH STREET $725,000
26 EMORY ST. $222,000
36 ERIE ST. $665,000
56 ERIE ST. $520,000
103 ERIE ST. $840,000
104 ERIE ST. $830,000
136 ERIE ST. $950,000
5 EXETER RD. $210,000
27 EXETER RD. $256,500
177 FAIRVIEW AVE. $260,000
215 FIFTH ST. $510,000
260 FIFTH ST. $600,000
286 FIFTH ST. $350,000
336 FIFTH ST. $700,000
348.5 FIFTH STREET $660,000
351 FIFTH ST. $430,000
213 FIRST ST. #1 $455,000
213 FIRST ST. #2 $315,000
213 FIRST ST. #3 $315,000
213 FIRST ST. #4 $315,000
234 FIRST ST. $595,000
244 FIRST ST. $850,000
385 FIRST ST. $300,000
93 FISK ST. $155,000
366 FORREST ST. $215,000
268 FOURTH ST. $650,000
214 FOWLER AVE. $382,500
218 FOWLER AVE. $382,500
203 FREEMAN AV. $195,000
22 FULTON AVE. $165,000
207 FULTON AVE. $130,000
60 GARDNER AVE. $103,000
66 GARDNER AVE. $235,000
603 GARFIELD AVE. $165,000
754 GARFIELD AVE. $160,000
37B GAUTIER AVE. $240,000
141 GLENWOOD AVE. $250,000
22 GRACE ST. $210,000
166 GRAND ST. $565,000
126 GRANT AVE. $225,000
159 GRANT AVE. $170,000
190 GRANT AVE. $163,000
222 GRANT AVE. $170,000
226 GRANT AVE. $165,000
283 GRANT AVE. $205,000
84 GRIFFITH ST. $200,000
86 GRIFFITH ST $225,000
241 GROVE ST. $710,000
363 GROVE ST. $750,000
192 HALLADAY ST. $220,000
1 HAMPTON CT. TER. $999,000
2 HAMPTON CT. TER. $1,075,000
6 HAMPTON CT. TER. $985,000
129 HUTTON ST. $325,000
616 JERSEY AVE. $999,999
42.5 JEWETT AVENUE $167,000
51 JEWETT AVE. $60,000
1532 KENNEDY BLVD. $225,000
3709 KENNEDY BLVD. $370,000
69 LAIDLAW AVE. $170,000
66 LEONARD ST. $190,000
65 LEXINGTON AVE. $250,000
180 LEXINGTON AVE. $110,500
559 LIBERTY AVE. $250,000
564 LIBERTY AVE. $265,000
671 LIBERTY AVE. $242,500
20 LINDEN AVE. $195,000
94 MALLORY AVE. $155,000
441 MALLORY AVE $130,000
40 MANHATTAN AVE. $180,000
227 MANHATTAN AVE. $290,000
526 MANILA AVE $1,125,000
16 MARION PL $320,000
84 MC ADOO AVE. $135,000
157 MC ADOO AVE. $200,000
101 MERCER ST. $1,050,000
130 MERCER ST. $976,000
137 MERCER ST. $999,000
143 MERCER ST. $1,100,000
158 MERCER ST. $1,265,000
466 MERCER ST. $199,000
29 MILTON AVE. $305,000
415 MONMOUTH ST. $305,000
510.5 MONMOUTH STREET $545,000
237 MONTGOMERY ST. $950,000
254 MONTGOMERY ST. $1,800,000
264 MONTGOMERY ST. $1,298,000
268 MONTGOMERY ST. $1,450,000
325 MONTGOMERY ST. $1,130,000
845 MONTGOMERY ST. $335,000
150 MYRTLE AVE. $175,000
153 MYRTLE AVE. $175,000
181 MYRTLE AVE. $160,000
198 MYRTLE AVE. $170,000
211 MYRTLE AVE. $165,000
213 MYRTLE AVE. $115,000
248 NEPTUNE AVE. $190,000
282 NEPTUNE AVE. $300,000
306 NEPTUNE AVE. $176,999
181 NEW YORK AVE. $250,000
322 NEW YORK AVE. $240,000
178 NORTH ST. $220,000
250 NORTH ST. $215,000
279 NORTH ST. $340,000
272 OGDEN AVE. $515,000
156 OLD BERGEN RD. $125,000
285 OLD BERGEN RD. $250,000
112.5 ORIENT AVENUE $112,000
120 ORIENT AVE. $175,000
130 ORIENT AVE. $150,000
86 PALISADE AVE. $365,000
121 PALISADE AVE. $350,000
342 PAVONIA AVE. $840,000
350 PAVONIA AVE. $650,000
21 PEARSALL AVE. $136,000
35 PEARSALL AVE. $200,000
298 PEARSALL AVENUE $155,000
17 PIERCE AVE. $325,000
151 PINE ST. $245,000
238 PINE ST. $140,000
2 PINECREST RD. $260,000
67 POPLAR ST. $380,000
385 PRINCETON AVE. $182,000
132 PROSPECT STREET $270,000
98 RANDOLPH AVE. $160,000
140 RANDOLPH AVE. $180,000
300 RANDOLPH AVE $170,000
62 RESERVOIR AVE. $225,000
35 ROSE AVE. $170,000
73 RUTGERS AVE. $195,000
240 SECOND STREET $737,500
281.5 SECOND STREET $731,000
330 SECOND ST. $780,000
412 SECOND ST. $550,000
236.5 SEVENTH STREET $790,000
318.5 SEVENTH STREET $500,000
331.5 SEVENTH STREET $265,000
13 SHEFFIELD ST. $180,000
111 SHERMAN AV. $200,000
117 SHERMAN AV. $156,000
152 SHERMAN AVE. $109,000
240.5 SIXTH STREET $425,000
15 SKYLINE DRIVE $168,000
148 SOUTH ST. $300,000
7 SPRUCE ST. $250,000
53 SPRUCE ST. $160,000
64 STEGMAN ST. $210,000
132 STEGMAN ST. $250,000
146 STEVENS AVE. $189,000
328 STEVENS AVE. $207,500
141A SUBURBIA TERRACE $170,000
888 SUMMIT AVE. $185,000
963 SUMMIT AVE. $235,000
997 SUMMIT AVE. $235,000
109 SUSSEX ST. $925,000
125 TERRACE AVE $185,000
232.5 THIRD STREET $709,900
36 UNION ST. $178,000
274 UNION ST. $140,000
397 UNION ST. $139,000
420A UNION ST. $90,000
254 VAN HORNE ST. $205,000
31 VAN NOSTRAND AVE. $170,000
89 VAN NOSTRAND AVE. $260,000
142 VAN NOSTRAND AVE. $142,500
302 VARICK ST. $1,100,000
305 VARICK ST. $1,200,000
203 VIRGINIA AVE. $250,000
281 VIRGINIA AV. $165,000
285 VIRGINIA AV. $200,000
328 VIRGINIA AVE. $240,000
6 VREELAND TERR. $135,000
22 W. HAMILTON PL. $1,225,000
10-10.5 WALLIS AVENUE $317,000
49 WARNER AVE. $135,000
73 WARNER AVE. $185,000
80 WARNER AVE. $175,000
122 WARNER AVE. $128,000
25 WAVERLY ST. $160,000
86 WAVERLY ST. $220,000
9 WAYNE ST. $915,000
448 WAYNE ST. $185,000
146 WEBSTER AVE. $245,000
297 WEBSTER AVE. $243,000
139 WEGMAN PKWY. $167,000
171 WEGMAN PKWY. $179,000
180 WEGMAN PKWY. $170,000
185 WEGMAN PKWY. $218,000
16 WELDON ST. $199,000
339 WHITON ST. $270,000
70 WILKINSON AVENUE $133,000
15 WILLIAMS AVE. $80,000
58 WILLIAMS AVE. $150,000
66A WILLIAMS AVE. $103,000
69 WILLIAMS AVE. $185,400
111 WINFIELD AVE $162,000
276 WINFIELD AVE. $235,000
278 WINFIELD AVE. $235,000
310 WINFIELD AVE. $185,000
138 WOODLAWN AVE. $280,000
363 WOODLAWN AVE. $210,000
400 WOODLAWN AVE. $133,500
165 YORK ST. $995,000
311 YORK ST. $1,150,000
43 ZABRISKIE ST. $225,000

There are a bunch of these REITS in the area... There also some old timers with a ton of property, welcome to real life Monopoly.

Bad landlords that suck up all of the inventory. They must have money that we do not have. Thye are like the straight A student that is the class bully. The tax rolls do not seem to show much of their ownership here in town. Type in US Masters in the owner tab. http://tax1.co.monmouth.nj.us/cgi-bin ... &out_type=0&district=0906

They do not give a crap about the buildings they rent out. There was no one maintaining the hallways or garbage when we rented from them. They also tried to tell us it was legal for them to get into our apartment (while we were at work) with 3 hours notice. I would never recommend anyone rents from them. Which is unfortunate because they are sucking up all the inventory. We now rent from a private landlord and can't believe how much better everything is. I find it hilarious that their billboards include the word "professional".

I would also like to add call your committee person along with your local ward and 3 at-large council persons (all 4) and absolutley make sure you have a paper trail. Perhaps a letter head from your insurance company and attorney.

Definitely call the Residents Response Center (201 547-4900). Make sure you get a case reference number so that you can follow up. Dixon bought a property by me and also rented out the basement with the first floor saying it was a "duplex" and legal -- it wasn't. The family had about a dozen people living between the 2 floors and created a lot of noise issues. RRC was very helpful and persistent in getting them to stop living in the basement. Dixon representative we spoke to was absolutely useless -- just tried to defend that it was legal (wrong) and that they can make as much noise as they want (wrong again). Eventually, once they were unable to sleep in the basement, they were evicted (probably stopped paying their rent). The process took about a half-year, was very frustrating at times, but was well worth it.
I will say it left me with very little respect for Dixon. They just want to cash in and don't care who they rent to (until they stop paying the rent).
Hope you have similar success - it's worth a fight to make sure you have decent neighbors.
Quote:

Quote:
Read post #32 Contact information. http://jclist.com/modules/newbb/viewt ... order=DESC&status=&mode=0
Also call the city up mayors office 547-4900, JC operator 547-5000, HCA 547-4825, JCIA 432-4645

...and they are obviously are renting to people without any care or consideration in regards to people who live in surrounding areas.

They purchased the building next store to mine on Milton Ave. Basement apt (which may be ilegal to rent?) went to two young latin girls who already are hanging out on the stoop with their boyfriends...and a couple on the first floor who ignore things like keeping the front of the house clean, sweeping or even putting out their own trash. Since these ppl moved in the place looks like a pigsty and the noise level has grown.

Quote:
Burned and abandoned for 7 years I doubt this investment will go sour. If anything they could raze the buiilding and build new.

Saw this on seeninjerseycity.com

But it looks like US Masters has picked up the beautiful church and parish house on Mercer St between Coles and Monmoth.

I was always kinda sad that this beautiful building has just been sitting there, burned and empty, since 2007 so I'm hoping this turns into to be something good.