All Forum Posts by: Tony Velez

MERRY CHRISTMAS BP!

Wallingford is nice. What town is the house you are interested in?

Why not New Haven? It has the least vacancy rate in the country. Also West haven is decent as well

Thank you

@Tereal Wilsonn thank you for the response. I will look up the new ownership letter on file place. 

Tony V

Hi,

We're very close to closing on our first triplex. All three units have been occupied by the same families for over 10 years. 

My question is what's next once we take ownership? Do we instantly send  tenants letters of new ownership?

Do we send a list of our expectations from our tenants? 

One tenant is section 8. Am I supposed to get in contact with the state ASAP? 

What kind of forms should we keep in place?

Can you provide me with a list of what you do after taking ownership?

Thank you 

Tony Velez

Welcome to BP. I've learned so much since joining this amazing group. I recommend listening to as many podcast as possible. We listen to at least one a day. It's great

@Michael Noto oh ok I didn't know that. Can you recommend someone?

Thanks

Hi,

Any recommendations on home inspection companies in New Haven County?

Thank you

Tony

Hi,

I put a triplex and they accepted. My mom was asking about possible partnering with me on the deal. Then she would like to get out in 5 years.  First we would both put $25k down payment each. Split the cash flow. 

After 5 years what are our options? She gets back her $25 plus.....? Not sure how to make it benefit her. 

Thanks

Tony Velez