All Forum Posts by: Jared Mink

Hello! I'm wondering if anyone has had experience with a similar situation to mine and or has any advice.

I'm looking to buy a triplex as well as a single family home that is on one parcel, so 4 total units. All 4 units are rented but at half as much as market value. 2 of the 4 tenants have lived there for 20+ years and one of those tenants is a hoarder and their unit needs gutted. I would want to make improvements to all units and increase the rent to market value when the renovations are completed. There's no way I could keep a tenant in the unit while renovations are being done, and frankly the current tenants are not ones I'd be upset if they left. So here's the question, How can I legally evict a tenant who hasn't seemed to do anything wrong except created a landfill in their apartment. Is that reason enough to evict? I don't think I can ask the seller to evict prior to purchase, although that would be the best scenario. I don't know when their leases are up or if they're month to month. 

Thanks in advance for any suggestions!

Hello! I'm a new investor and just recently purchased my first deal, a duplex in a small town. The one side was move in ready and currently hosts a long term tenant that covers all the bills for the property. The 2nd unit needed some renovations which I have nearly finished and I hoped to rent out it out as a MTR to traveling healthcare workers. There are hospitals in my area but I'm having a hard time finding out if there is a need for traveling healthcare worker housing. I've reached out to 30+ traveling healthcare agencies in hopes to create a continuous housing contract, but I have only received 1 good lead. My question is, do you think it is still worth the effort to try and rent this out as a MTR? Should I advertise is as a furnished LTR? Are there other options I haven't thought of? Thank you in advance!