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All Forum Posts by: Laura N Harbin-Waters

Laura N Harbin-Waters has started 3 posts and replied 5 times.

Sorry Bjorn, I just saw this!!  I believe the knob and tube is indeed throughout the house.  

I am now renting out all three floors.. whats an MTM lease?  I did hand it over to a mgt company which I have been managing, so....there you go... there's hope though.  

Post: Looking for an REI group-Berkshires

Laura N Harbin-WatersPosted
  • Pittsfield, MA
  • Posts 5
  • Votes 1

Hello, I am looking for an REI club/group in the Berkshires - I currently have property in Pittsfield. Thank you!

pays all the utilities, heat, hot water and electric for the 3rd floor one BR apt.  House closes on OCt 30, so I can't get in there again.  Owner pays heat and electric for first and 2nd floor apt (she occupies now, will leave on the 30th), there are 3 separate meters for what??? gas related appliances and equipment which the owner pays for.  3 rented hot water heaters, 1st floor pays for that rental, 3rd floor does not. One gas meter 7 years old.  The heat, electric and hotwater bills are very high and when I crunch the numbers they don't work.  With me paying the mowing, snowblowing, heat, electric, hot water, rental for one hot water heater and the 3 meters for extra gas usage, well, do the math.  The 2nd floor apt is fabulous, I have a very responsible tenant that wants to move in (she can pay 1300. but that's all) The thermostat is in her apt so I need someone responsible there.  

Month to month leases - good good rental area, no problem finding renters...

How to handle these situations?  Besides, theres tube and knob that's active in the attic for one light bulb and vermeculite insulation up there as well...some basement windows need replaced.  A small part of the roof need to be done right away.  So I will have some expenses upfront but no huge ones.  I could wait with the insulation removal and reinsulation and the tube and knob I can wait, but I don't want to wait too long.

Hello,

I am looking for a real estate investing group in or near the Berkshires in MA. Does anyone know of one or would like to start one up with me? I have a property now in VA and have fixed a few up and flipped them. I am a person of integrity and care about how I would provide housing for tenants, so please be on the same page if you would like to get involved. Thank you!

Hello,

I am reading this thread and congratulations for the success and also for fixing up the rentals nicely.  I feel the same way.  I want to make my properties nice just like I would like to live in.  Right now I am looking for a tri-plex to start investing in that I can live in one of the units.  I am looking for one in Pittsfield, Lee or Lenox, MA area.