All Forum Posts by: Timothy Gagnon

I'd talk to a real estate attorney as soon as possible and see what your options are. The clause would likely absolve the tenant but I'm not a lawyer. 

You say the damage is primarily in the kitchen and bedrooms? What is the flooring material currently in these spaces? I worked in the carpet industry for 3 years and at WORST I've seen partial replacements of subfloor. Needing to replace joists due to urine damage is not realistic.

Can you get us some images of the damage? 

Hi guys, first post but I've been lurking and listening for about a month now. 

I bought a duplex from my grandmother in Fall River back in 2017 and am living in the upper unit with her in the lower. I'm not making any money at present as I'm only getting $500/mo from her unit from other family members but all in all it's a buy and hold future rental. I paid $180k for it and it's probably worth about $200k now. I'm down to $160k on the mortgage and am on an 11 year accelerated payment plan.

My question is, I fully gutted the 2nd floor before I moved in, down to the studs and went fully new. Wiring, plumbing, everything. I did not pull a single permit for anything, not so much because I didn't want to but because I didn't realize I was supposed to. My best friend is a master electrician and I have few GC's/trades folks in my circle, no one even mentioned it. The work is complete.

A) Is there any liability or legal considerations I need to think about retroactively? 

B) When I go to rent this space is there anything I need to be concerned with? 

Also, if anyone cares to offer, what would you guys do with this property long term. 

Thanks in advance!