General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago,
MA - Landlord - Board of Health and Tenants Stop Paying
Hi Experience Landlord of Massachusetts,
I am in the process of acquiring yet another building. After the "Contract to Purchase" agreement, I discover that the property has some Board of Health issues. Also, some tenants have stopped paying since then.
My question is: Is the tenants stop paying (or is it defer paying), once all the Board of Health issues/concern have been addressed, can I start collecting the defer payment?
Also, I am also concern that the Board of Health has eyes on this property, it is going to be tough getting them off my back. What should I watch out for and ask before the closing in addition to sustainability and management standpoint going forward?
FYI: I have been calling and building relationship the board of health inspector. She is every details oriented, and even failing thing like hole on the screen window ......etc.
Thank you ahead.
-Chan-