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All Forum Posts by: Chris R.

Chris R. has started 11 posts and replied 21 times.

Thanks John and Bill. Very helpful as I'm navigating this issue. I have opened both and working with each to understand what is covered under each policy. I'll look into the condo bylaws as well. Thanks!

Hi BP, Had a water pipe burst in my rented condo last weekend. The condo is part of a 3 unit HOA, with a Master insurance policy. I also have my own landlord policy.

I have claims into both insurance companies now as I'm concerned the master won't cover damage in my unit and I'd like to get this resolved ASAP (tons of claims due to the cold weather last weekend). Should I have opened both? Any guidance on what the best course of action here is based on this situation? Additionally, this is proving time consuming to manage both as there's multiple assessors, contractors coming to look at damage.. 

Thanks for the help! 

Kenny, Thanks for the guidance. I'll give them a call. 

Chris

Hi All, I'm sure like some of you, pipes burst in one of my rentals last night due to the extreme low temps. Plumber is coming by to find and fix leak but will have to break into walls, kitchen for sure, potentially more. I'll need help with wall repair once pipe is fixed. 

Have any of you worked with a good drywall contractors and would love information on reputable plumbers should the one we have not work out. Thanks!

Post: Acquiring duplex w/ tenants

Chris R.Posted
  • Posts 21
  • Votes 6

Brian, I recently did the same thing, house hacked a duplex and inherited tenants. I had the option of removing them as their lease ended a month after I took over the property but raised the rent a little and resigned. Looking back I would have started fresh, especially since you'll be living on the same property. I went the easy route as I had a ton on my plate at the time (closing, finding tenants for my condo, moving, ect...) but it's been bitting me ever since. Incumbent tenants, especially if you raise the rent, will become a problem and one you won't be able to get away from. Good luck!

Very helpful. Thanks for the insights.  

Hi BP, I have a duplex that I inherited two sets of washer and dryers. The set that is hooked up to my unit (house hacking), is old and broken. I plan to get a coin operated machine as I'll be moving out next year and renting from here. Few questions: 

1. Speed Queen seems to be the best coin operated washer for this type of rental? Any other's I should consider?

2. What are folks experience with used/refurbished Speed Queen machines? 

3. Have folks purchased refurbished machines from Laundry Solutions: https://www.123laundryshop.com...? If so, what's been the experience? 

4. I'm debating on switching out my current tenant's washing machine with the coin operated one and hooking their machine to my electrical box.. However, I'm hesitant as I don't want to create potential unnecessary friction that may lead to headaches. Note, there's nothing in the lease regarding laundry. Thoughts? 

Appreciate the insights! 

Chris

Hi BP - I'm looking for a reputable Contractor to remodel a two bathrooms and a kitchen in Somerville. Any recommendations? 

Thanks!

Hi All, Does anyone know how much replacing the main waterline to connect to the City's water would cost? This would be for a Duplex, 4&1, 2&1. Thanks. 


Post: BRRRR w/ Financing Options

Chris R.Posted
  • Posts 21
  • Votes 6

HI @Brad Jacobson, Good thinking and something I've been trying to figure out however no luck yet. I'll keep looking. 

Thanks,

Chris

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