All Forum Posts by: Manik Zaman

Much appreciated the inputs.

We own these properties since February 2021, so not much of a historical record. Seller also owned them not for long before they sell them.

I contacted at least 20 attorneys to help on this, nobody wants to take on this. This is crazy.

I never could imagine in America these water companies can do this type of behavior and get away with this.

We have a  16 unit building in Cleveland OH, where about 8 been occupied.

Since February 16 to till now, we have a combined of $20,000 water and sewer bill.

I had a third party company came inspected the building, gave us a letter specifying there been no issues found.

Then we had the water department came out and found the meter was faulty, and changed the meter. However they are denying this was the cause.

Is there a legal way to deal with this?

HI Filipe, thanks for the review.

This common area was a kitchen with non working stove and a washer dryer. Taking them offline for a month, their living space did not get effected in any manner. Tenants rent individual rooms in this facility. So their living space was unaffected while they could not use common area facilities for the time being.

We did install a door closer afterwards. 

We have a rooming house in Massachusetts.

There was a common area with a sink. I removed the sink to extend our office into the common area. There was under construction sign posted. There was a bathroom sink available while we been doing the construction. In about 30 days I installed a new sink in the common area, close to the previous one.

Also there were tenants leaving the main door wide open. So we installed a chime, that will alert tenant that door is open.

I was wondering if there is a statute in Massachusetts law, that will allow landlord perform the above two cases of improvements?

Its a good amenity. When potential renters see the kitchen with a nice refrigerator they can envision the environment they would living in.

I have seen a landlord not provide either refrigerator or stove. I personally provide both. 

Then again you don't have to in many states.

For commercial loan aspect, that you plan in future, you likely looking around 25% down payment. Having your gf on/off this first property wont really matter much.

Local community/savings banks always great for getting the single/ less than 4 family house loans.

Zillow also has a page where you can check on the rates from many lenders.

I wish you best of luck with the purchase.

Awesome, I look forward to chat with you folks.

Rob, thanks for the insight!

I am from Massachusetts. Here seller have to get the fire inspection certificate done with their own expenses.

Then, every state is different. 

 Much appreciated the input Andrew!

I visited there just yesterday to look at a portfolio we are considering. I spoke to some locals while I was there.

All resonate the same as you mentioned. 

We also think highly on the potential of Cleveland.

Who pays for the POS Inspection, buyer or seller? What is customary?