All Forum Posts by: Gregory Massi

i have had a section 8 tenant for the last year and a half. it has been a great experience. literally no issues so far..having said that, i have heard horror stories but i think some good due diligence can avoid bad tenants in the S8 program.

Hi All - i am starting to look at investment properties in long island. what towns do you think offer the best returns? have any of you looked at student housing? Thanks!

@Jill DeWit can you send me your associate's name? would potentially be interested. Thank you!

@Matt Castle Thank you! is there any advantage to paying cash? in my market it doesnt really matter anymore so im curious about knoxville..

@Jill DeWit  thanks for the information! are you involved in the knoxville market? 

@Matt Castle i'm sure there are. do you invest in the Knoxville market? looking to buy a few rentals...is multi family the way to go, or SFR? any recommendations on the best areas? Thanks!

Hello BiggerPockets - i am very close to closing on my first flip in Knoxville. I just want to reach out to see if there was anyone out there i could bounce ideas off of? 

Hello BiggerPockets -- i am looking for a contractor in knoxville. do you guys have any recommendations? 

Beautiful and updated Duplex in Norwalk right by i95. It has a detached garage that half is currently rented out to a landscaper. Wood floors throughout, central air, gas stoves, all new electrical and plumbing..low expenses..i live in one of the units but rent out the upstairs (can get $3k for upstairs)

Just an update - I had a fire cleaning service look at the unit and they said this was caused internally..most likely from the tenant using the fireplace and not opening the flue...the total cost to clean and paint will be about $5k which is more than the $2.8k  deposit..i am not sure how to go about this...they are being a pain about people coming over to address the condo and the lease is ending july 31...i was thinking about offering them the following options:

1. Leave two weeks early and i will only take their deposit, or

2. Let them pay for the services to clean and paint the place (while they are living in it) and allow them to stay until lease end date..will reimburse their deposit if they did a good job.

If they refuse both then i guess i will have to bring them to court. What are your thoughts on this??

Thanks

I would look into why their credit score is low..  One of my current tenants had a credit score around 550, which was due to a short sale.  After doing my due dilgence ...ie calling previous landlord, checking W2s, etc..i made the decision to rent to them after everything else checked out..they have been my tenants for the last three years and i have had no issues with payments.