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All Forum Posts by: Makan A Tabrizi

Makan A Tabrizi has started 9 posts and replied 44 times.

Quote from @Bruce Woodruff:
Quote from @Makan A Tabrizi:

I'm renovating a studio apartment with limited space. Any input on the appliances noted above would be appreciated. I didn't list ventless dryers as I haven't read very many good things about them. I used to have one many years ago and it never got very hot.

Include an oven...even studio apts like to cook a turkey once in a while....
And I wouldn't have a washer without a dryer (if that's what you're thinking?) Do you have to have ventless? No other way to route the vent? Still, any dryer is better than none...

Yes, I do have in mind to have a washing machine without a dryer. I've been hang-drying my clothes for years and they dry pretty fast here in Colorado. However, I'm a single guy and that may not appeal to everyone. It is not going to be cost-effective to run a vent for a dryer. I have a sixplex and there is a washer/dryer on the property so I may just send these people to the communal appliance. Without a washing machine, I think I can fit an oven/range. Thank you for your input.

I'm renovating a studio apartment with limited space. Any input on the appliances noted above would be appreciated. I didn't list ventless dryers as I haven't read very many good things about them. I used to have one many years ago and it never got very hot.

Quote from @Nathan Gesner:
Quote from @Makan A Tabrizi:


Suggestion: when you give him options, include a deadline for a response!

If you leave it open-ended, he may come back to you on August 20th and say that he's giving notice of early termination, which may put you in a bind. Spell out his options and then set a deadline for when he has to decide. If he doesn't make a decision - in writing - then he is required to serve the remainder of his lease, or has to pay a penalty to leave early.

 Thank you. He decided to stay till the end of his, when I gave him his options. His lease is going to be up at the end of Oct. I'll cut him loose then. 

Hello. I'm hailing from a suburb of Denver Colorado. I currently own and reside in a pretty large duplex (appx 5500 sq/ft). I'm renting them as non-traditional units (6 of them). I'm researching the possibility of purchasing another duplex or a triplex within the next few months.

My question is: Is there such a thing as an owner-occupied, non-QM loan for a multiunit investment property?

I want to limit the down payment outlay so I'm willing to move into the new property (trying to conserve as much cash as possible for possible renovations). I would like a non-QM loan and can provide bank statements from my current property showing steady income. I will also seek existing leases from any property I decide to buy. 

Any suggestions on appropriate mortgage brokers in Colorado would be appreciated.

Thank you in advance for your input.


Quote from @Melanie P.:
Quote from @Makan A Tabrizi:
Quote from @Nathan Gesner:
Quote from @Makan A Tabrizi:

 I did exactly that and he just responded that he will finish his current lease, which is Oct 31. I'll be happy when he is gone but at least he won't have Tenant A to complain about as of July 1. Maybe that'll settle him some.


I predict that come Halloween, he will renew. Just another loser tenant with nothing better to do with his life than stir up trouble with everyone around him. 

Please come back and post an update.


 Thank you. I will. So far he has been keeping to himself, which is just fine by me.

Quote from @Wesley W.:

I've had just those very issues.  Here's my lease language:

(k) Yards, patios, balconies, vestibules, hallways, and entrances may not be used to store belongings or to dry clothes. Only appropriate potted plants and other outdoor furniture are permitted on patios, decks and balconies. Grills may not be kept or used on or under the wooden decks, or within 3 feet of a building. No fire pits, bonfires, tiki torches, fireworks, or other outdoor open flames may be used or stored on the Premises. We may further limit what is placed in outside areas.

(o) The yard is a shared common area for the enjoyment of all residents; lawn furniture and other items stored in the yard are subject to use by other Tenants. Items intended for private use may not be stored or placed in the yard. Any items/furniture in the yard is used at your own risk. The yard is not secure, and may not be used as an enclosure for pets.  

(p) Non-furniture items may not be left in the yard. You agree to be solely responsible for items that are damaged or damage that is done to power equipment from those items during lawn service.

It's probably a good idea to run this by your attorney as well.  They may have some other ideas/verbiage that might improve upon the above based on your particular concerns.


 Thank you! This is exactly what I was looking for. I appreciate it.

I'm trying to update my lease for a 5 unit in Colorado. I'm currently allowing tenants to use their own lawnchairs in common areas. I've never had any issues with this but a thought occurred today. What if another tenant is using the same lawnchairs and has an accident? Technically they are placing the items in common areas with my approval. I'm guessing I'm accepting liability because I allowed this to happen? How can I address this in the lease to reduce my liability? 

This could apply to anything left in the common areas by one tenant that might potentially injure another tenant. I could make a blanket clause that says nothing, including bicycles, is to be stored in common areas but I want to make the place more welcoming and personal.

Thanks in advance for your input.   

Quote from @Nathan Gesner:
Quote from @Makan A Tabrizi:


Suggestion: when you give him options, include a deadline for a response!

If you leave it open-ended, he may come back to you on August 20th and say that he's giving notice of early termination, which may put you in a bind. Spell out his options and then set a deadline for when he has to decide. If he doesn't make a decision - in writing - then he is required to serve the remainder of his lease, or has to pay a penalty to leave early.

 I did exactly that and he just responded that he will finish his current lease, which is Oct 31. I'll be happy when he is gone but at least he won't have Tenant A to complain about as of July 1. Maybe that'll settle him some.

Quote from @Nathan Gesner:
Quote from @Makan A Tabrizi:

Tenant B sounds like a difficult person, so you may be better off getting rid of him. Besides, it will be easier to find a replacement tenant in July than it will be in November.

Let him terminate without penalty as long as he agrees to let you schedule showings to potential renters and helps find a replacement.


 Thank you. I suspect he is making excuses because he wants out of the lease. If he just waits less than two weeks the tenant he is having a conflict with is going to be gone (Tenant A has never been anything but amiable with me). In any case, I'm going to give him his options today. The sooner he leaves the better. 

Quote from @Theresa Harris:

What is the penalty for breaking his lease?  If tenant B is leaving at the end of the month, then that threat is gone.  Tell tenant A he needs to give X days notice as per the lease and local laws. You then go about finding a new tenant A and once that tenant is in place, tenant A is no longer responsible for rent.  The easier way is to have a penalty of 1 month's rent and then it is clear cut.  The deposit is to cover damages (and unpaid rent).


 Thank you. I'm going to propose that to him writing today.