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All Forum Posts by: Kim Huynh

Kim Huynh has started 8 posts and replied 16 times.

Post: Fire Marshall demanding list to correct

Kim Huynh
Pro Member
Posted
  • Investor
  • 06082
  • Posts 17
  • Votes 6

Hi.  We have a 5 unit property in Willimantic , CT.  We had an inspection by the fire marshall, and he gave us a long list of things to correct.  He wants us to install permanent heating in all the bedrooms which will cost alot of money that we don’t have.   My question is why was this not corrected years ago if it was so important,  and now they want the new owmers to fix it?  He also noted other miscellaneous items for us to do also, and it seems like he's making a wish list.  Why was previous owners not held accountable,  and now we are stuck with all this to do?  What are my options? When we purchased the property, we assumed the property was inspected by the town and therefore their heating and other fire requirements were up to code.  Any assistance will help, as we really do not have funds.  Thank you.

Post: Best Insurance company in CT for multifamily rental properties (2-6 units)

Kim Huynh
Pro Member
Posted
  • Investor
  • 06082
  • Posts 17
  • Votes 6
Quote from @Thomas Talbert:

We have a partnership with Steadily and we have loved working with them. 

https://www.steadily.com/

Thank you.  I will check them out.

Post: Best Insurance company in CT for multifamily rental properties (2-6 units)

Kim Huynh
Pro Member
Posted
  • Investor
  • 06082
  • Posts 17
  • Votes 6

Hi.  I've been with an insurance company in CT, since I started my rental portfolio, but am looking for other options as it seems their rates have been going up and up.  Any recommendations?  Second question, I have an umbrella policy, is that a good choice?  Any help is appreciated.  Thank you.

Post: Updated commercial lease needed

Kim Huynh
Pro Member
Posted
  • Investor
  • 06082
  • Posts 17
  • Votes 6

Hi.  I have a commercial lease that is going to end in 6M, and looking for an updated commercial lease (previous owner's lease).  Does BP have a commercial lease template?  I like their general apartment lease and hoping there is a commercial sample lease.  If not, can someone point me to another source that might have it? Thank you in advance for any feedback.

Post: Is there a free expense & receipt app?

Kim Huynh
Pro Member
Posted
  • Investor
  • 06082
  • Posts 17
  • Votes 6

Hi.  I'm looking for rental app along with expense/receipt tracking & filing but saw that Stessa is no longer free (receipt tracking for 5M free only).  I currently use rentredi to manage my properties but they don't have receipt and expense tracking which is unfortunate.  Is there an app that has it all?  Thanks.

Post: Racist Tenants - how to address or ending lease an option?

Kim Huynh
Pro Member
Posted
  • Investor
  • 06082
  • Posts 17
  • Votes 6
Quote from @Matt Bishop:

@Kim Huynh, get a better property manager, a real professional. Get the absolute best property manager in the county. This should have all been professionally, expertly and legally handled without bothering you. If you had this type of property manager, they would have already created the atmosphere of extremely high standards where tenants know what kind of behavior is absolutely required and this would have never happened in the first place.

@Matt Bishop

Post: Racist Tenants - how to address or ending lease an option?

Kim Huynh
Pro Member
Posted
  • Investor
  • 06082
  • Posts 17
  • Votes 6
Quote from @Matt Bishop:

@Kim Huynh, get a better property manager, a real professional. Get the absolute best property manager in the county. This should have all been professionally, expertly and legally handled without bothering you. If you had this type of property manager, they would have already created the atmosphere of extremely high standards where tenants know what kind of behavior is absolutely required and this would have never happened in the first place.


Post: Racist Tenants - how to address or ending lease an option?

Kim Huynh
Pro Member
Posted
  • Investor
  • 06082
  • Posts 17
  • Votes 6

Thank you all for your feedback.  Discussing it with my PM & lawyer, and will look into not renewing their lease and getting them out.

For those who asked, the tenants are making racist comments to the PM about tenants who are Mexicans.  Referring to them as "those Mexicans, those people, they don't even speak English, they are all filthy and drunks...," and making claims about the Mexican tenants without any evidence or vallidity.  Claiming they have bedbugs, and that they know those people have bed bugs by just the way they live (pest control stated there are no evidence of bedbugs).  

The husband was complaining to the PM about the "Mexicans" how they was drunk and was in the basement on the utilities side (his apartment is on the other side of the basement).  Apparently he didn't like the tenant going into the utililites side, and that was when he said a comment about how he didn't like it and he can get his gun and shooting "them".

Post: Racist Tenants - how to address or ending lease an option?

Kim Huynh
Pro Member
Posted
  • Investor
  • 06082
  • Posts 17
  • Votes 6

They are on month to month so we can give them notice to end their lease of course.  The woman keeps on mentioning that she knows her rights and that she used to be a case worker, which I am not sure what she's insinuating.  

Planning to give them a letter to let them know that we do not tolerate racist remarks and threatening comments.  We assumed these tenants from the previous owners.  Not sure if we can update the lease to state no weapons/guns are allowed in the rental property.  I've read several publications but some say yes, and others say that it may infringe on te 2nd amendment to bear arms.....

Checking with a lawyer to see what my options are but figured I go to BP to see if anyone has dealt with these issues.

Post: Racist Tenants - how to address or ending lease an option?

Kim Huynh
Pro Member
Posted
  • Investor
  • 06082
  • Posts 17
  • Votes 6

They are on month to month so we can give them notice to end their lease of course.  The woman keeps on mentioning that she knows her rights and that she used to be a case worker, which I am not sure what she's insinuating.  

Planning to give them a letter to let them know that we do not tolerate racist remarks and threatening comments.  We assumed these tenants from the previous owners.  Not sure if we can update the lease to state no weapons/guns are allowed in the rental property.  I've read several publications but some say yes, and others say that it may infringe on te 2nd amendment to bear arms.....

Checking with a lawyer to see what my options are but figured I go to BP to see if anyone has dealt with these issues.