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Updated about 3 years ago on . Most recent reply
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Im lost and don't know what to do
I have made a big mistake and i think my mentor is trying to take advantage of my situation. I am new very small with only 3 units and only one unit occupied and the and nother 1 occupied but has not paid since July and i was told i cant evict them till March when the weather gets warmer by the Judge. I was remdeling the upstairs of the one unit and i didnt j=know that my sity has a building code that all investment properties remodels have to have licensed contractors to do all work even the simple stuff like hanging drywall and insulation and other stuff. I did not know im new an ive seen other landlords do this stuff no problem. but i cant get enough funds to fix it because contractors that are licensed and bonded are 300% more then then a handy man. now i think i have to sell but all the investors wont touch it because they said that it is tagged and will be to much for them to work with the city and it seems like will be stuck with a duplex with one tenant not paying and the upstairs not livable because the wals are out. I need some hope.
Most Popular Reply
Sorry to hear. How is your mentor taking advantage of you? I hope your not paying him.
it sounds like you needed to do more due dillegence. But you are here now, so you may have to pay the extra for the licensed contractor and see this as a learning experience.
Did you just buy this property? The seller should have disclosed that a tenant is not paying.