All Forum Posts by: Kat Hem

Hi - I bought a 4-unit in Rochester 2 years ago that had just been renovated after a fire.  The city doubled my taxes and now I am losing money on it even at full capacity.  I need to sell now/this summer, but I don't want to take another loss from the purchase price so I wanted to see if anyone had sold a multi-house themselves in upstate NY?  I sold a single family in Oregon a few years ago through Savvy Lane and it worked great - I paid $250 and saved over $5K in commission.  I know lawyers are involved in NY where the west coast they are not, but has anyone done this or know of an agent/company who can help me out?

 Thank you.

As I understand it, the PM did NOT offer this family accommodations bc they had another place to go.  However bc I am the owner, in NY, I am liable for the PMs actions (or inaction) and if there was any negligence or harm to the young baby that is what I am concerned about and they could claim anything in that regard bc it is a vulnerable class.  The local Housing Council says we must offer habitable housing no matter what. True, RG and E may be held accountable. 

I bought my first two properties two years ago in Rochester NY. Last year I switched car insurance companies and forgot to add back my umbrella policy.  You guessed it, a meter was broken into at one property and RG Electric demanded a whole new coded meter that was out of stock for 6-7weeks.  My general insurance denied my claim because it wasn’t over my deductible at least the part that wasn’t the city code issue, which wasn’t covered.  I didn’t realize the power was off in one apt for an entire month after that until RG E turned all four units off a month after the tampering (past Thursday). I got the families to friends and hotels when they didn’t have them, but it looks like it may be possible I am negligent for not offering a hotel to the first family who have a small baby, even though she had been staying w friends.  I have the normal clauses in our rental agreement and with my property manager, but from what I am reading I could still be liable for not verbally offering habitable housing.  Any insights or advice on how to proceed?