Tag Archive for Felon

Signing a Lease Agreement With a Felon – Risk Vs Reward

Overcoming a felony conviction can be a really hard thing for people to overcome. Finding a job is no easy task and finding a place that will sign a lease agreement with you can be equally daunting.

If you are a landlord does it make sense to sign a lease agreement with a convicted felon?

Well, it all depends…

It does present a rather unique opportunity to cater to a niche of hungry and often overlooked market of renters.

Over 12,000,000 American citizens have been convicted of a felony. Additionally, over 600,000 Americans who have been convicted of a felony are going to be released from prison each year. This constitutes almost 8% of the working class population. Where do all of these people end up?

Without the appropriate resources at their disposal and no one to turn to for rentals, nearly ten percent of those released from prison will become homeless.

A landlord who sees the potential and has an open heart could very easily tap into this market and have a fantastic group of prospective renters at their disposal. However, going down this road obviously presents its own set of risks.

There is one institution that is doing something about this situation. The Corporation for Supportive Housing understands the risk and is working to ensure former inmates and felons can locate an understanding housing environment that will assist in keeping them off the streets. If former inmates do not get this help, a large percentage of them eventually relapse and end up back in prison completing another vicious cycle.

The Housing Authority of Utah County assists with a rent voucher program providing vouchers for close to 1000 households. The HAUC caters to people that were formerly homeless and whose income is below poverty level. The intention of this service is to get former inmates off the streets, to help them find their footing and to provide them with a stable home.

Utah’s Food and Care Coalition plans to build thirty-seven units of housing they are referring to as “transitional housing”. This will cater to anyone suffering from addiction or mental disorders. If you are a resident of transitional housing, typically you receive free educational workshops, job training and placement and often times substance abuse counseling.

Now that more and more of these types of programs are becoming available nation-wide, investors that are interested would have additional support at the ready if they choose to serve this clientele.

There is a catch…

Just because you may own low-income housing, it doesn’t necessitate that you will get help from these types of programs. And even though if you owned a business and hired an ex-felon, you would receive a tax break, the same does not hold true for signing a lease agreement with one. If you are a property investor, you have to know these risks going in.

On the converse, the rewards may be worth it for certain investors…

They would have a constant pool of willing renters to sign a lease agreement with and they would bask in the satisfaction of knowing they helped someone get back up on their feet while contributing to their community at the same time.

Stirling Gardner (The Hollywood Landlord) is a writer and property management expert.

Report: TSA lets felon through pre check

Report: TSA lets felon through pre check

The TSA allowed an individual who was a convicted felon and former member of a domestic terror group through a TSA pre-check, says a Department of Homeland Security report. If you own a…
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You’re A Felon – New Internet Laws

ExoticWorldVideos. This will help keep our corporate prisons filled with workers who get a dollar an hour. On the positive side they get free room and food. If you can call it a room or food?…

Narcoleptic Youth x Felon (Take Two)

Narcoleptic Youth x Felon (Take Two)

You’ve got no life. Got no hope. All you ever do is sit around and mope. Got no brain, your head’s so thick. Every time I see you I get so sick! Felon. You’r…
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Ex Felon Opinion on Gun Rights Law!

Ex Felon Opinion on Gun Rights Law!

Non Violent Felons should have their gun rights restored State and Federal Felonies.

Kearny police charge Newark felon with possession of 150 bags of suspected

Kearny police charge Newark felon with possession of 150 bags of suspected
A bail of $ 50,000 cash only was set for Gilberto Rivera, 33, when he made his first court appearance on the charges this afternoon in Central Judicial Processing court in Jersey City today via video link from Hudson County jail in Kearny. He is charged …
Read more on The Jersey Journal – NJ.com

Jersey City felon charged with cocaine and heroin offenses
Green is was also issued summonses for DWI, failure to wear a seatbelt and careless driving, court officials said. He has been arrested six times in New Jersey where he has convictions for robbery and receiving stolen property, court officials said …
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Jersey City felon on probation for robbery, charged with robbery
A bail was set at $ 75,000 cash only today for Jersey City felon charged with punching a man in the face repeatedly during a robbery yesterday, officials said. Tyshawn Ransom, 25, off the 500 block of Martin Luther King Drive, made his first court …
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Jersey City felon arrested in Hoboken on numerous drug counts

Jersey City felon arrested in Hoboken on numerous drug counts
Jacoby has 28 prior arrests in New Jersey, six in Virginia and one in New York, court officials said, adding that in New Jersey he has 12 disorderly persons convictions and criminal conviction for theft, two counts of drug possession, two counts of …
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Jersey City felon with 14 prior arrests charged with drug possession
Bail was set at $ 70,000 cash or bond Wednesday for a Jersey City felon charged with possessing 20 bags of suspected heroin with intent to distribute near a park and near a school, officials said. Tiara McClain, 27, of Clerk Street, made her first court …
Read more on The Jersey Journal – NJ.com

Frelinghuysen wants JoAnne Chesimard returned to NJ from Cuba
"I would demand that the White House and the State Department work much harder to bring this murderer 'home' to New Jersey where she can face justice and serve out her sentence." Chesimard, a known member of the revolutionary Black Liberation Army …
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Special guns for felon and people with misdemeanor .

It’s A Rife can take out any human. Or any animal. Home and hunting uses recommended. No refunds .
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Convicted felon Patrick Cannon's apparent vote stirs up trouble

Convicted felon Patrick Cannon's apparent vote stirs up trouble
Two weeks after he lost his right to vote, former Charlotte mayor and convicted felon Patrick Cannon apparently cast a ballot. That vote, which was officially challenged Tuesday night, would violate Cannon's bond and could put him back before a judge …
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Feds: Facebook-posting deer poachers in U.S. illegally
That's what several men in Nevada found out the hard way after Nevada Department of Wildlife authorities used a Facebook post featuring illegally killed deer to unravel a poaching ring. … It is a felony for people in the U.S. illegally to possess …
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Video: Minden woman, 74, rams gold coin shop with car
A 74-year-old woman allegedly rammed her car three times into Northern Nevada Coin in Minden on Thursday before breaking through a brick wall and entering the building with her car, Douglas County Sheriff's Office said. Cheryl Smith, 74, was booked on …
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Jersey City felon charged with attacking woman with knife

Jersey City felon charged with attacking woman with knife
A 36-year-old Jersey City man with a long criminal record has been charged with attacking a women with a knife on Thursday, officials said. Kevin Burke, of the 100 block of Halladay Avenue, made his first court appearance on the charges today in …
Read more on The Jersey Journal – NJ.com

'Ban the Box': More States and Cities Help Ex-Cons Finally Land Jobs
A growing movement to delete one question from hiring forms –- the query about a job prospect's criminal history -– is now law in more than 60 cities and 12 states, with New Jersey and Georgia perhaps next to join the pack. Advocates have embraced a …
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