All Forum Posts by: Gregory Massi

@Mike McCarthy Thanks for the info! there are a few companies in the area that offer services for removing smoke/soot/ash from the home..have you or anyone you know used one of those services?  i wonder if i use that service i can avoid having to repaint everything..

@Brian Adzadi i just reread my lease and i dont have any specific stipulations in the lease about reporting issues but in one paragraph is states, "in the case of fire or other damage not caused by the tenant, tenant shall give landlord immediate notice of the same."  i think this situation applies to this..

@Carl Fischer i will reach out to the board and see if there has been other complaints..

But regardless, can i take a security deposit for failing to report issue? also what if my tenants do not allow me access to paint this? i am started to get anxious now as the lease is coming to an end july 31...now is the prime time to list..

Thanks for all the input so far!

@Brian Adzadi thanks for the response...I have been reading about ghosting on walls...not sure if this is the case here..do you have any experience with that?

Hello biggerpockets...the lease on the my condo is coming to an end on July 31, 2018..i was just recently at the condo with my real estate agent and photographer (to get it ready to list) and notice this black soot throughout the condo (on the walls, ceiling, kitchen cabinets, trim, windows, etc). i asked my tenant about this and he said it was caused by the air conditioner (central air) in december...he said they were doing work on the roof and something they did up there caused this black soot to spread throughout the condo...the condo needs to be completely repainted...i was just at the condo today and tried to clean some of it up but its not coming off...

i do not believe my tenant for the following reasons:

1. why would they wait 6 months to tell me 

2. why is the soot randomly throughout the rooms and not concentrated by the vents

3. I removed the vents and reached into the duct and there was no black soot.

4. also i smelled weed in one of the bathrooms but i am not sure if weed or any drugs could create a mess like that.

I think they are not telling me something bc they dont want to pay to repaint the interior...what can i do about this? how can i take there security deposit?

Any information or advice would be helpful (and yes i took photos of the walls and ceiling and vents)

Thanks,

Greg

@Steve Kontos

Thanks for the advice. What's your opinion on PA? would you consider that state landlord friendly?

@Steve Kontos

thanks Steve! Based on your profile it seems like you have a bunch of experience with out of state investing. How did you get started? Ie how did you chose a market? 

Hi All - I have been a local real estate investor for several years in the NY market but  I am now interested in buying properties out of state. Does anyone have recommendations on good markets around the county?  it sounds like Memphis is pretty good for single families but i didnt really see any good multis....any input would be greatly appreciated. THanks!

Hi BiggerPockets!

I am looking at purchasing this 3 unit multi family which has an in law apartment in the basement. The 3 legal units are rented but i want to live in the basement to qualify for owner financing (the basement apartment has 2 exits and an egress window it can not be converted to a 4 unit). Is there anything i should be concerned with doing this? is this illegal to do? any help/advice/concerns would be greatly appreciated.

Thank you!!

Hello Bigger Pockets - I am looking at buying this multi family in southern Connecticut and I am having  trouble determining a proper valuation. It is a three unit and is located in a very good area -walkable to stores and train station. Problem is, there have been no three unit sales in that particular area (ie village) in the last year.  Should i base my valuation on duplex/single family sales? I would assume that the price per sqft would be more for a three unit?? this is my first multi so i would appreciate any help. Thank you!

Hi - do you guys know of any 203k lenders, consultants, and contractors in the Westchester County area?