All Forum Posts by: Jenna W.

Thanks everyone! This has been so helpful.

I was irritated yesterday, but  should be clear, he did not have to consult me about buying the bike before hand, and I am fine with that, but if he was assuming he was going to store for the winter in my shed, I still think he should have, or atleast when I first said no, moved on to storing it at storage unit.

I will definitely speak with lawyer to help add to his tenant at will agreement. I don't think he loves that someone else has a say over anything but we will have to work through it together

This morning I got up and walked my dog. He came outside and told me he is putting a car port up and to not worry about the shed, before I even had time to look at the shed, call my insurance guy or check my bigger pockets post, lol.

I had to tell him, I want to help you, I just need some time to figure out what I can, and cannot offer you. I just found about this less than a day ago, so I am not sure if you knew, but you can't just put a car port on someone's property, you need my permission, and I have final say on which one/what kind specifically you can put up, if we do that, but, I need some time , to look at this option and the shed option before I say yes to either, but since it's for winter storage only, we have time.

It's currently, not registered, insured and he doesn't have a license for it. Lesson learned, I will put in my next tenant at will agreement those are the only types of vehicles that can be here. If I redo his tenant at will and increase the rent to reflect the storage space afford to him, I will add it there, as well as renter's insurance, and that I am not liable paperwork.

Hello

Today, my tenant purchased a motorcycle. He went into my shed, then asked me, since it was not full, if he could store his bike in there for the winter. I said no. My wheelbarrel and lawn mower are out of the shed at the moment, and once they are in there, the bike will not fit. 

I could move my snowblower into my basement and out of the shed for the winter and the bike might barely fit. 

If I allowed this, I would charge him a nominal fee in the winter, to cover storage and insurance if I have to add any, I just don't know if

1.) I have an exposure here I can't think of off the top of my head, or off of google, I couldn't find anything.

2.) can I be specfic that I will not, nor will I allow him to modify the shed in anyway, and he signs off releasing me from any damage caused while in storage ?

I don't love that he didn't ask me before buying, and I don't love that he went into my shed without asking me, so, but I want to make the right decision not the irritated decision.

I own a 2 family and he lives upstairs and I live downstairs. I gave him basement access for a small storage room at no cost when he moved in. He has maintained that okay, having to clean it out once at my direction. he has been here a year, and we have always had an tenant at will agreement, do I add an addendum I have him sign for the storage space for 6 months of the year, or does that constitute a term, which I am trying to stay away from?

Thanks,

Jenna

@Dannielle O'Buckley

Hi Danielle! My name is Jenna I’m 33 years old and I own a two family on a lake in central Massachusetts. And while the other commentor was right but there are a lot of towns in that jurisdiction if you ever wanted to come up I would gladly take you around and talk to you about the different towns and neighborhoods and try to get you any questions that you have. I think it’s a great place to invest especially for somebody who lives in a market like you do. If you would like to connect Let’s exchange cell phone numbers. I’m not a realtor, wonder, anything. I’m an executive assistant to the CEO by day and the landlord by night. I just like to talk about real estate.

@Ashley Gish

This probably is ****** for me to say but I wish the best of luck making this decision.

I made a 2 family home invest a year ago knowing next month on the anniversary of buying it, I’d pay off my student loans. 45 more days $150 more dollars left.

Do both... is my advice!

@Angelo Mart

It does, I’m in the Worcester Massachusetts market, the second largest market in Massachusetts. I’m not sure if you’re able to speak to this I have a second lot of land next to my house and I’m considering putting a garage with a 1,000 square foot 2 bedroom apartment, eventually turning my 2 family to a 3 unit property.

Anyway for me to find out how much value that type of addition could add?

@Suny Capezzuto

Thank you so much for your thoughtful response. I was not sure if it was ok to contact them directly so I held off and the lender I’d be in touch tomorrow night. So perfect, thanks!!

@Caleb Heimsoth. Thanks

@Caleb Heimsoth

Hi Caleb,

I did Reno both units. From the data I had read it looked as it would $260k with out any work. With two new kitchens and a new bathroom and over head lights wired in (u had to use lamps in every room) I was expecting closer to $280k

And without any data , it seems a house being marked as 129 years old vs. 62 seems like a big deal. The effective age is 15 according to the appraisal. And the ge difference is enough that I think they would comp to different buildings, no?

@Ben F. For sure. I was unable to be there due to work so my partner walked the appraiser around, the appraiser and I had several friendly toned convos about it leading up to it and right after it, so no need to change the tone.

@Wayne Brooks reports from my realtor